Personal Finance Blog — Page 101 — Tips And Stories To Help You With Managing Money

Health Benefits of Drinking Alkalized and Ionized Water

January 2, 2010 By Sherry Tingley

Drinking alkalized and ionized water can make you feel more energy, release excess body fat and stored toxins, balance blood sugars, lower blood pressure, cleanse and heal the colon, improve arthritis, diabetic conditions, slow the aging process and heal a variety of skin conditions.

Based on clinical experiences in Japan and the United States, drinking alkalized and ionized water has helped people feel more energy and regain a sense of health and well being.The Enagic Corporation, a Japanese water technology company, has patented a machine that will alkalize and ionize water and now it is finally available in the United States. That machine produces “Kangen” water.

Kangen drinking water has produced so many positive, healing results with people who are having health issues that Japan has named this device a “medical device.” This water technology has been used in Japanese hospitals for over 30 years. You may be wondering what benefits this Kangen drinking water could give you.

Here are the top four reasons for drinking Kangen water:

1. To Balance the Body PH – The water raises the PH of tap water by “ionizing” the water molecule resulting in H+ and OH- ions. Overall, this increases the bicarbonate buffers in the blood, balancing the body and helps in neutralizing and excreting built up acids and toxins.

2. It Increases Hydration – Ionization reduces the size of the water molecule by 2/3, making it more able to penetrate the cellular membranes in our bodies. It speeds up the building of new tissue and waste removal through the lymphatic system.

3. Increases Blood Oxygenation – The OH- rich alkaline water makes more oxygen readily available to enrich the blood. Increased oxygenation can speed healing and increase one’s energy level.

4. Neutralizes Free Radical – The alkaline water with an abundance of OH- ions have extra electrons that easily neutralize destructive free radicals circulating throughout the body. Kangen water carries a high negative ORP (oxygen reduction potential) when it is first produced, making it a potent antioxidant. It also improves the absorption and utilization of food or supplements. This allows the natural healing process to predominate and promote health. Here are some surprising benefits of using other PH levels of water that the Kangen Water Machine produces.

Strong Alkaline Water with an 11.5 PH has some very powerful absorption properties that makes it excellent for use as a cleaning agent. People have used this water to remove carpet stains, clean household items and as a pain reliever in muscle strains or deep injuries to the body.

Beauty Water with a 5.5 PH has amazing properties when applied topically. This PH is similar to your natural skin’s PH and acts as a toner. Used on the face and skin, it softens the skin and makes it look beautiful. When sprayed on hair, it makes your hair shiny and radiant looking.

Strong Acidic Water with a 2.5 PH is not to be used for drinking. It has the ability to kill germs. In fact it has been used in restaurants to keep utensils and cutting boards clean and used in hospitals as a disinfectant. As seen on a short movie clip at our websites, bacteria die on contact with the 2.5 PH water. This type of water has been beneficial in replacing pesticides in agricultural crops in Japan.

Please use the contact us link to find out more about the Kangen Water Filter for your home.

Managing Your Checking Account

December 1, 2009 By Sherry Tingley

Managing your checking account can be summarized into five simple steps. These steps are essential to master so that you can properly manage your household expenses and your budget as well.

The first step is to choose a bank that you like. Go to the various banks and credit unions and ask them about the different kinds of checking accounts that they offer to their clients. The most important question you might ask is about all the fees that go with the account such as the ATM fees, cost of check, monthly fees, overdraft protection and overdraft charge. You should also ask if the account in question would be available for online banking transactions. Free checking is always a good bonus but do not base your decision solely upon it.

The second step has to do with recording your transactions. It is a tedious and boring job but you really need to put all transactions into writing. Put down in writing every monetary transaction, all deposits and even ATM withdrawals. This process will help you keep accurate bank records.

The third step is to balance your checking account transactions every month. When you get your monthly statement from the bank, reconcile it with the data you input in your check register. When you do this, you can often find mistakes and most often it is your mistake. Sometimes it is a true banking error or it could even be fraudulent activity. It is always helpful to be able to find these mistakes and keep all your records straight. In case there are errors and discrepancies, contact the bank immediately in order to correct it as soon as possible. If you cannot go personally to the bank and you use the telephone instead, be ready to discuss the situation in detail to the service representative.

Documentation is the key to money management. It is the proof of all your financial transactions so it is essential that you keep a copy of them for your future reference. Not just any copy but you need a written records so print them out. Even your online banking transactions should be printed out. When it is time to throw your records out, shred the documents first for they contain vital information you would not want other people to have.

Step number four is to keep a close eye on all automatic payments and deposits so you can be assured of its accuracy. Even if the system is in automatic already, you should not assume anything. You should have a general idea of what your normal transactions look like so you can spot things that are out of the ordinary.

Step number five is to avoid a zero balance like the plague. Do not totally deplete your checking account. You should always keep a cushion of a few hundred dollars in your account so you can use this money as a hedge against emergencies and overdrafts. If you are smart, you’ll have set up an overdraft protection account so you don’t get charged excessive fees if you do make a mistake in your records that causes you to go below zero.

Following these five suggestions will help you on your way to good money management skills and help you live life more comfortably.

Save money by ordering personal checks online.

Effective Use of Credit Cards

December 1, 2009 By Sherry Tingley

Credit cards may be one of the most innovative and helpful inventions in the modern era. Through this little electronic card, we are able to make cashless transactions and online purchases. We are now able to live in comfort for credit cards make us think we can afford the finer things in life.

This is one of the advantages of having a credit card. The downside is that we also have to pay the banks interest fees for this service. People who do not manage their finances well can be charged high interest rates and huge penalty fees for late payments. This is a cycle they may never escape unless they seek professional assistance.

If you use credit cards regularly and you can control your spending, there are some ways you can get low interest rates. Read on and find out how.

There are essentially two paths you can take if you want lowered interest rates. The first one has to do with dealing directly with the credit card company. If this is not appealing to you, you can use the second option, which is to find a separate loan that has lower interest rate than your existing credit card rates.

In dealing with the credit card company, before you request a lower interest rate, you need to have a good credit rating. Remember that you can only qualify for lower interest rates if you have good credit scores. A good credit rating is an indicator that you pay your debts regularly and that they can rely on your monthly payments.

Now, if you want another way to go about this, you can approach other lending firms that are willing to offer you a lower interest rate as well. You can refinance your home loan. You may receive a lower interest rate because of this and it may allow you to pay off some of you high interest credit cards.

If you are serious about getting your finances in order and you instill in yourself a sense of discipline, there are a lot of ways for you to get the lowest interest rates possible. You should not expect overnight success when you are in search for a competitive interest rate, instead, practice some patience in the course of your research. Why not begin your search today? Call your credit card company or search the web for other options. There are numerous websites that can help you get started.

Debt consolidation

December 1, 2009 By Sherry Tingley

Having debt is nothing to be ashamed of. There are not many in the world that do not have some kind of debt in one form or another. You may have debt from your credit cards, your home loans, auto loans or student loans. Debt actually is now an uncomfortable part of life, whether we like it or not. Having too much debt and not having the money to pay for it is where the people get into trouble. In these trying times of the economy and rising interest rates, you need a solution that will get you out of debt or simply help you make your payments. The answer to this is debt consolidation.

Debt consolidation is a choice preferred by many not only to relieve the financial pressure but also to manage the debt more accurately by paying just one monthly payment. It is financially helpful and convenient as well.

How do you consolidate your debts and where will you ask for assistance? Let us take a look at the second concern first. There are lending institutions who are willing to consolidate your debt for your. The trick is finding the one that has the lowest interest rate. If you consolidate with a bank that has high interest rates, it would be impractical and foolish for because you would have to pay more. If you go to a lending firm that has the same interest rate as you have now, then the only help you get is convenience when it is the financial assistance you are really going after.

After finding the right lending institution for you, you may need to first pay off your smaller debts. You would not like that to mix with your debt consolidation.

Probably the cheapest way to go about consolidating your debt is to access the capital from the equity in your home loan. This is an essential advantage for the interest rates will definitely be lower than the rate of your credit card agreements.

Now, how about those who do not have enough equity available in their mortgage? There is still hope for you if this is the case. You could just refinance your property. This way, you will have in hand extra capital to be able to pay off your other debts having much lower interest rates. If you still feel like you need sometime before you get your finances back into shape, you can request a longer repayment term. The more years or months you add to your term, the less monthly payment you will get, but the more interest you will have to pay.

Secured loans are popular among property owners. This is because it is the property is considered the security of the loan lender. Secured loans usually offer long repayment terms, low interest rate and large loan amount.

The next time you are in debt, you know now some feasible options for you. There are a lot of lending institutions willing to consolidate your loan for you. Plus, banks appreciate it when people take the initiative to pay off their debt. They are more than willing to serve.

Developing and Using a Budget

November 18, 2009 By Sherry Tingley

It might be very easy for you to make money but being careless in handling it might cause you to end up with nothing at all. What you need to do is write down a plan of where and how your money will be spent. If you fail to do this, then you are inviting debt into your life and no one wants that. Here are some basic steps to budgeting your money.

You must know that the more basic your plan will be the better. When you make a list of planned expenses, the first thing to remember is to keep it very simple. You must list the typical things that you and your household needs to run smoothly. List your normal fixed expenses such as house or rent payments, gas, electricity, water, telephone and any recurring bills.

List all money that will be coming into your account including your interest income, paychecks, child support, alimony and other costs. Doing this will help you become an effective budgeter.

After writing down the amount of money from all of your income sources, you must then identify your other expenses. This can be hard. You know why? Your expenses might change from month to month. You might have expenses you are not aware of. Create a miscellaneous category and try to guess what amount you will be spending.

You must have a good estimate of your monthly expenses including the cost of gas, food, as well as utilities. The categories must include all areas where you typically spend money. You will soon see where most of your money is being spent. Sometimes you will want to create sub-categories.

Some banks offer online services that automatically put your expenses in categories for you so you can easily see what you have spent your money on. This makes budgeting extremely easy. In one glance you can see what you have spent on restaurants, which with the popularity of fast food and the great restaurants available now, make this one category that can be embarrassingly large. You can also set up categories that you most commonly use and customize your budget.

By budgeting and having your expenses written down somewhere or at least available to you online, you will be able to know where your money is going. Analyze what you are spending for several months and it will soon become clear to you where you can cut back and how much money you can set aside for things you really want to have. Saving your money for doing something fun with your family or getting something you’ve always dreamed of is much easier when you have your budget planned and you set aside a certain amount of money every month.

Don’t stress out if you haven’t yet created a budget or you aren’t used to using one. You can always change your life by starting today to create a budget that will help you achieve your financial goals. You’ll be much happier in the long run and have much more satisfaction in being able to do the things you’ve always wanted to do.