Jan Henson’s Blog

Everywhere you look today it seems the main message is, “go green and save money.” This is an appealing message for the general public as we are consistently warned of the dire results of world temperature rises beyond control. People must do their bit to help save the planet, and if they can save money at the same time, then it just clearly sounds correct all round. You can go green and save money virtually anywhere. Your place is most probably the most plain start line, but you may also do wonders with your car, at the office, out shopping, traveling on holiday, and much more. The opportunities are just about infinite ; going green does not need to be more expensive, you can definitely go green and save money at the same time. Your place likely leaks heat out in the winter and leaks heat in in the summer. For that reason many people have winter heaters and summer air-con units. This should be the initial place you research of the way to go green and save money. Are all your windows tight? Are the entrance seals tight too? This is where heat can leak out and make your electricity bills soar. If your place does not have good house insulation heat will pour out in winter and pour in in the summer. Insulation is an example of the best techniques to go green and save money. Your walls can have their cavities crammed with insulating froth as well, all keeping the heat within in winter and outside in summer for more cushty living. The water you use in the house is perhaps the best “go green and save money” source you have.

Look for leaks first. Leaking taps, even just the occasional drip, accounts for masses of money wasted over time.

You might waste as much as 140 gallons in a week! Are your hot water pipes insulated? They will be if you attempt and go green and save money.

Insulated pipes let the hot water reach the taps quicker, so saving water, while you go green and save money too. Low flow toilets are an alternate way to save water. You do not want to flush gallons of water away everytime, just what you want. Edison was a genius, but his light bulb invention has been superceded by the new compact fluorescent light bulbs. These are bulbs that employ an irrelevant 25% of the energy a standard light bulb uses. They also last ten times longer. Replace all your standard bulbs for compact fluorescent light bulbs and straight away go green and save money!.

Credit cards are no more a luxury, they are just about a prerequisite. So, you would imagine lots of folk going for credit cards. In fact, a large amount of folks posses more than one credit cards. So, the credit card industry is growing by leaps and bounds. However, the credit card industry and credit card holders are posed with a large problem called ‘Credit Card Debt‘. To realise what ‘credit card debt’ actually means, we need to understand the workflow associated with the use of credit cards as such.

Credit cards, as the name suggests, are cards on which you can get credit i.e. make borrowings (your credit card debt). Your credit card is a representative of the credit account that you hold with the credit card supplier. Whatever payments you make using your credit card are actually your debts that contribute towards your credit card debt. Your total credit card debt is the whole amount you owe credit card supplier. You must settle your credit card debt on a monthly basis.

You receive a monthly statement or your credit card bill which shows your total credit card debt. You may pay off your credit card debt by the payment payment date failing which you may attract late penaltiy and interest charges. However, you have the choice of making a partial ( minimum ) payment too, in which case you do not attract late penaltiy but just the interest charges on your credit card debt. If you don’t pay off your credit card debt in full, the interest charges too get added to it.

Your credit card debt keeps on enlarging, more so as the interest rates on credit card debt are typically higher than the rates on other kind of loans/borrowings. Further, the interest charges add on to your Credit Card Debt each month to form the new balance or the new credit card debt amount. If you continue making partial payments ( or no payments) the interest charges are figured out anew on the new credit card debt.

You end up paying interest on the last month’s interest too. Therefore your credit card debt accumulates rapidly and soon you find that what was once a relatively small credit card debt has expanded into a big amount which you find most unlikely to pay. Moreover, if you don’t still control your purchasing habits, your credit card debt rises even quicker. This is how the vicious spiral of credit card debt works.

Credit cards are no more a luxury, they are nearly a prerequisite. So, you would imagine plenty of folks going for credit cards. In fact, a lot of folks posses more than one credit cards. However, the credit card industry and credit card holders are posed with a gigantic problem called ‘Credit Card Debt‘. To realise what ‘credit card debt’ actually means, we want to understand the workflow related to the use of credit cards as such.

Make debts ( your credit card debt ). Whatever payments you make using your credit card are actually your loans that contribute towards your credit card debt. Your total credit card debt is the whole amount you owe credit card provider. You need to settle your credit card debt on a monthly basis.

You receive an once per month statement or your credit card bill which shows your total credit card debt. You may pay off your credit card debt by the payment cutoff date failing which you may sustain late penaltiy and interest charges. However, you’ve got the option of making a partial ( minimum ) payment too, in which case you do not attract late penaltiy but just the interest charges on your credit card debt. If you don’t pay off your credit card debt in full, the interest charges too get added to it.

Your credit card debt keeps on increasing, more so as the interest rates on credit card debt are generally higher than the rates on other kind of loans/borrowings. Further, the interest charges add on to your Credit Card Debt each month to form the new balance or the new credit card debt amount. If you keep on making partial payments ( or no payments ) the interest charges are figured out afresh on the new credit card debt.

You finish up paying interest on the last month’s interest too. Therefore your credit card debt amasses fast and shortly you find that what was a comparatively a comparatively little credit card debt has expanded into a gigantic amount which you find almost impossible to pay. Likewise , if you don’t still control your expenditure habits, your credit card debt rises even quicker. This is how the vicious spiral of credit card debt works.