Ignored Yet Effective Ways To Lower Electricity Bills

Cutting on energy costs is not impossible even though now is the age when appliances reign supreme as they make busy lives of busy people very convenient. You do not need to decrease the number of your appliances at home just to save energy. (That will help a lot though) You simply have to be disciplined regarding their use. If you want to substantially lower your electricity bill, consider the following insights.

1) Unplug - When any appliance is not in use, unplug it. You would not believe this but this is true: Plugged appliances consumes about 20 percent of energy even though they are not in use.

2) Throw away incandescent bulbs - Yes, these yellow lights may give a romantic and warm feel inside the house but they can cause your electricity bill to shoot up. Replace them with energy efficient white ones.

3) Avoid washing machine overload and dryer use - Overloaded washing machines work harder and they need more energy for this. Just load them according to their suggested capacity. If it is not rainy out there, do away with the use of dryer. Hang your wet clothes under the sun. 4) Clean and organize your fridge - If you stand for a long time in front of your open fridge looking for something, it is time to clean up and put your fridge shelves in order. This will save both time and energy for you.

Drawdown Dangers – What It Means To Traders

Drawdown is a word that is feared and hated by every trader, but it is an inevitable part of playing the markets. It is simply how much your account loses from its peak. Suppose you start with $10,000 in your account, and after a succession of losses the account goes down to $7000. That means you have lost $3000, or 30% of the original starting $10,000, and therefore your drawdown is 30%. Drawdown is relative to where your account peaks, so say you had a good run and built the account up to $12,000, then lost $3000 again, bringing it down to $9000. Your drawdown this time would be $3000 from $12,000, or 25%. Maximum drawdown corresponds to the lowest your account ever hits. Sometimes you will see trading strategies detailing how much maximum drawdown is expected to be when using them – usually the more risky strategies will anticipate a greater drawdown while expecting a higher profit on average. Drawdown is particularly dangerous because, the way statistics work, you ...

How to Secure the Future of Your Child with Special Needs

If you have a child who is differently abled, you will agree that leaving your child with no financial support in the future is very daunting. Believe it or not, you can prevent this from happening by securing a special needs fund for your child as early as now. Because a child with special needs may be disqualified for public benefits, the aim of this type of trust fund is to give a convenient lifestyle to them without limiting their access to all available benefits. Generally, the creation of this fund is structured to supplement any assistance the government may provide concerned children in terms of clothing, food and shelter. The four important components of this trust fund are the asset, the beneficiary, the trustee and the purpose. The asset is the special needs resources that will be placed in a trust. The beneficiary is the concerned child while the trustee is someone who will be in charge of the disbursement of the funds. Meanwhile, the purpose serves as th...

All You need to Know About Borrowing Money from Family

Borrowing money from family and friends can be a perfect solution, but be sure to look at the pros and cons of this approach. Before you join the bandwagon, review first this short list of its advantages and disadvantages. The Pros Flexible Terms: Unlike other forms of traditional finance, funding from family and friends is typically offered on flexible terms. Friends and family may agree to a longer repayment period and may seek a lower rate of return than traditional lenders. On a practical level, little or no security is required and the repayment can be tailored to your financial projections. Minimal charges: One of the greatest advantages of borrowing money from friends and family is that the funds are offered at little or no interest. As a start-up or loss-making company, the interest rate charged by traditional lenders can be very high. Easy to set-up: On a personal level, the family member or friend already knows your ethos and business circumstance and so are less likely...

Saving One Income