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Hi, my name is Lydia
I am a 45 years old woman, wife and mother.
Nowadays we tend to meet so many people online.
People who we know nothing about. People who are complete strangers.I truly believe that most people are good hearted.
Still, I have learned the hard way, that in our modern life, one should always stay on the safe side.Many services online offer information about people.
Unfortunately all of them are not born equal. While some offer a great service, others might be a complete scam.I have taken the time to do thorough research about some of the most popular services out there.
This blog is my attempt to share my conclusions with you. :)
How Does the NASDAQ Work?
Before we start talking about the NASDAQ itself we should first define what a “stock” or “share” is and what a “stock market” means. Whereas the stock market can be intimidating, a little information can help ease your fears. Let’s start with some basic definitions.
A share
A share of stock is literally a share in the ownership of a company. When you buy a share of stock, you’re entitled to a small fraction of the assets and earnings of that company. Assets include everything the company owns (buildings, equipment, trademarks), and earnings are all of the money the company brings in from selling its products and services.
A “Public” Company
In order to raise capital, companies go “public” with an offering to sell shares of stock in their company for a set price. Why would a company want to share its assets and earnings with the general public? Because they need the money, of course. Companies only have two ways to raise money to cover costs or expand the business: It can either borrow or sell stock. The disadvantage of borrowing money is that the company has to pay back the loan with interest. By selling stock, however, the company gets money with fewer strings attached. There is no interest to pay and no requirement to even pay the money back at all.
A Stock Market
A stock market which is also known as “equity market” is a public body in which a free network of economic transactions occurs. It is not a physical facility or secret body. It is the place for the trading of stock or shares of companies and its derivatives at an agreeable price. These shares and derivatives are securities that are listed on a stock exchange. The stocks are traded and listed on stock exchanges which are body of a company or mutual organization that is specialized in getting buyers and sellers of the organizations to a list of securities and stocks together.
US Stock Markets
There are 3 stock markets or stock exchanges in the US – the New York Stock Exchange (NYSE), the American Stock Exchange (AMEX) and the National Association of Securities Dealers Automated Quotations (NASDAQ).
NYSE – The location of an exchange refers not so much to its street address but the “place” where its transactions take place. On the NYSE, all trades occur in a physical place, on the trading floor in New York City. So, when you see those guys waving their hands on TV or ringing a bell before opening the exchange, you are seeing the people through whom stocks are transacted on the NYSE.
AMEX- The American Stock Exchange lists roughly 1,350 firms and has a daily trading volume of about 83 million shares. Amex lists stocks that are smaller in size than those on the NYSE yet still have a national following. Many firms that first list on Amex work to meet the listing requirements of the NYSE and then switch over. Trades on the Amex are handled through an automated or manual order processing system. In the automated system, orders are routed electronically to specialists, virtually eliminating the use of paper on the trading floor.
And Finally the NASDAQ
Created in 1971, the Nasdaq was the world’s first electronic stock market and is now the largest U.S. electronic stock exchange. With approximately 3,300 companies and trades about 2 billion shares a day; it lists more companies and, on average, trades more shares per day than any other U.S. market. It is located not on a physical trading floor but on a telecommunications network. People are not on a floor of the exchange matching buy and sell orders on behalf of investors. Instead, trading takes place directly between investors and their buyers or sellers, who are the market makers through an elaborate system of companies electronically connected to one another.
It is home to companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology. Stocks traded are usually the smaller, more volatile corporations and include many startup companies.
How to Cut Your Grocery Bill
Eating at home is one of the most effective ways to cut costs from your monthly bills. You can prepare meals in your house for a fraction of the cost of eating out (and it is healthier as well). Once you’ve made the move to home cooking, you can save even more by becoming a smart grocery shopper.
The average U.S. household spent $3,240 on groceries last year, according to the American Express Everyday Spending index, and prices have risen substantially since then. But you don’t have to spend that much, It’s easier to trim your grocery bill than to cut back on most other household expenses.
Here are 7 tips that will help you lower your grocery bill by 50%:
1. Make a list
Okay, you’ve probably heard this one before but here is the idea behind it.
Before you start listing items, sit down and plan your meals for the upcoming week, even if you’re just planning to have sandwiches for the whole week! Now go through your fridge and determine what items you need to make those meals. Next, you’ll want to add any staples that you’re out of – i.e., flour, sugar, bread, milk, etc. – and anything else you want to include. Never go shopping without a list again.
2. Use coupons as much as possible
Clip coupons for products you buy often. Savings will add up quickly if you redeem manufacturer and store coupons at the same time, a practice known as “stacking.” You can find coupons in weekly newspaper inserts, at the store, and on plenty of websites. Make it your habit to check websites like www.coupons.com, www.coolsavings.com, www.groupon.com and also .
Couponmom.com is a very cool site launched by a mother of 2 kids that needed to desperately save on her grocery bills. The websites show other shoppers what weekly sales and savings are available – The Web site’s database tracks what’s on sale at your local grocery store and matches it with what coupons are available.
3. If it’s not on the list? Don’t buy it!
There are two ways you can work this one – either you deiced that you won’t buy anything if it’s not on your list – and yes, like many things if life it is a matter of making the decision and learning how to stick with it. Or you allow yourself, say, 2 extra items just to fulfill your need for “emotional” buying.
4. Buy store brands.
Most supermarkets offer their own private-label brands, which cost around 25% less than comparable big-name. Brands are no longer limited to canned fruit, frozen veggies, and paper towels. Stores are now putting their own names on cold cuts, baked goods, and fancy sauces.
In fact, most store brands are produced by the same manufacturers that make the brands you know and love, yet they coast much less…
5. Be a smarter shopper.
Stores use a variety of tactics to tempt you into spending more. For example, shelves are often stocked with the priciest items at eye level. So check high and low for better deals. Be aware that products on aisle ends aren’t always on sale. Sometimes these “end caps” display new items at full price or stuff that’s about to expire. Check unit prices—the price per ounce, per quart, or per 100 sheets—to make sure you buy the most economical size. Larger packages aren’t always cheaper.
6. Eat before you go shopping.
There’s nothing worse than shopping on an empty stomach, especially when so many grocery stores now include gourmet delis with delicious aromas wafting through the air. Make sure you only shop on a full stomach to avoid spending more because you’re hungry.
7. Make do with what you’ve got.
When Leah Ingram’s husband came home from the supermarket one evening and couldn’t squeeze another item into their already overstuffed freezer, the frugal living author challenged her family to make dinner for an entire month using only what they had in the freezer and pantry — with the exception of fresh produce and dairy products. With only a few days remaining in their frugal dinner challenge, the family was down to some frozen hamburger patties and hot dogs and a free Thanksgiving turkey, says Ingram. She cut her grocery bill more than in half, to $506 for the past 26 days from $1,186 in the 30 days before that. “I’d say that’s a pretty huge difference, wouldn’t you?” Ingram says.
Why Online Dating Works Great Over 50?
Today, meeting a romantic partner through an online service is commonplace. In fact, a recent survey showed that 1 in 5 couples that have married in the last three years met each other through an online dating site. What is even more amazing is that twice as many married couples met online than in bars, at clubs, or at other social events – combined. Now you probably think that this online dating thing work only for young people…
Online Dating After 50 – Dose it Work
If you’re over 50 and find yourself single, you’re not alone. According to 2010 U.S. Census data, almost 30 percent of the 78 million baby boomers are single.
And, if you’re like most of them, you probably struggle with the process of meeting other singles who share your interests and who would make great potential partners for more serious, romantic relationships. The idea of heading out to a bar is ridiculous to many older people, and sometimes the bingo and bridge crowd can get bland really quickly.
Perhaps not surprisingly, online dating services are one of the fastest growing ways mature individuals are meeting likeminded people. It’s not surprising because increasingly, everything seems to be done online these days, and more and more baby-boomers are mastering the Web.
How Does Online Dating Actually Work?
The dating website serves as an intermediary between you and potential dates to protect your privacy until you get to know the person well enough to arrange to meet. At the heart of most online dating websites is an anonymous e-mail service. It’s similar to the concept of the anonymous Post Boxes people use when they placed classified ads in newspapers and magazines. The dating website knows the members’ real e-mail addresses and can let members know when new messages have arrived for them. The members can then log into the dating website, check their messages, and reply.
When Should You Meet Dates in Person?
When you date online, you begin communicating with potential dates using the security, anonymity, and convenience of the dating site. After a period of getting to know the person online and developing trust and interest, you decide when you’re comfortable with arranging a meeting. Most people spend at least a few weeks getting to know potential dates online before arranging to meet in person, although it certainly doesn’t have to take that long. As long as you follow basic safety precautions, you could conceivably arrange to meet a date in person immediately after connecting online. It depends on your comfort level and what kind of relationship you want.
Meeting someone through a dating site is different in some ways from meeting someone for the first time at a party, in the workplace, at your place of worship, or through friends. In those cases, you have a context in which to place the person, you have mutual acquaintances, and you get to perceive many non-verbal cues (body language, tone of voice, movement, and presentation) that immediately go a long way toward telling you whether you can like and trust the person. On the internet, you get to know the person using a slower process that features more verbal information but less of the important non-verbal information.
If you’ve never considered online dating, or thought it just wasn’t for you, perhaps it’s time to reconsider. OurTime.com looks out for your best interests and consistently delivers matches for its members.
How Does Identity Theft Works?
Criminals don’t always need sawed-off shotguns and ski masks to make a big haul -your social security number, or a pre-approved credit card application from your trash, could be all they need. Identity theft is the nation’s fastest growing crime according to FBI statistics and identity theft/fraud is the fastest-growing category of Federal Trade Commission (FTC) complaints. According to the FTC Approximately 10 million Americans suffer from it every year.
Wikipedia definition: “Identity theft is a form of stealing another person’s identity in which someone pretends to be someone else by assuming that person’s identity, typically in order to access resources or obtain credit and other benefits in that person’s name. The victim of identity theft (here meaning the person whose identity has been assumed by the identity thief) can suffer adverse consequences if they are held accountable for the perpetrator’s actions. “
How do Thieves Steal an Identity?
Identity theft starts with the misuse of your personally identifying information such as your name and Social Security number, credit card numbers, or other financial account information. Identity thieves may use a variety of methods to get hold of your information, including:
- Dumpster Diving – They rummage through trash looking for bills or bank papers with your personal information on it.
- Skimming – They steal credit card numbers by using a special storage device when processing your card.
- Phishing. – They pretend to be financial institutions and send spam emails or pop-up messages to get you to reveal your personal information.
- Changing Your Address – They divert your billing statements to another location by completing a change of address form.
- Old-Fashioned Stealing – They steal wallets and purses; mail, including bank and credit card statements; pre-approved credit offers; and new checks or tax information.
- Pretexting - They use false pretenses to obtain your personal information from financial institutions, telephone companies, and other sources.
How Identity Thieves Use Your Personal Information?
- Go on spending sprees using your credit card account numbers to buy “big-ticket” items like computers that they can easily sell.
- Open a new credit card account, using your name, date of birth and SSN. When they use the credit card and don’t pay the bills, the delinquent account is reported on your credit report.
- Call your credit card issuer and, pretending to be you, ask to change the mailing address on your credit card account. The imposter then runs up charges on your account. Because your bills are being sent to the new address, it may take some time before you realize there’s a problem.
- Take loans in your name.
- Counterfeit checks or debit cards, and drain your bank account.
- Open a bank account in your name and write bad checks on that account.
- File for bankruptcy under your name to avoid paying debts they’ve incurred under your name, or to avoid eviction.
- Give your name to the police during an arrest. If they’re released from police custody, but don’t show up for their court date, an arrest warrant is issued in your name.
What Should You do if Your Identity is Stolen?
Identity theft is serious. While some identity theft victims can resolve their problems quickly, others spend hundreds of dollars and many days repairing damage to their good name and credit record. Some consumers victimized by identity theft may lose out on job opportunities, or be denied loans for education, housing or cars because of negative information on their credit reports. In rare cases, they may even be arrested for crimes they did not commit.
- REACT QUICKLY if a creditor or merchant calls you about charges you didn’t make. It may be the first notice you get that someone has stolen your identity. Get as much information as you can and investigate immediately.
- You should Fill up a police report
- Notify all creditors, and dispute any unauthorized transactions.
- Victims of identity theft should monitor financial records for several months after they discover the crime. Victims should review their credit reports once every three months in the first year of the theft, and once a year thereafter. Stay alert for other signs of identity theft.
How to protect yourself from Identity theft video
5 Home Repairs You should do Yourself (even if you are a woman…:))
Owning a home can be a dream come true, but the world of home ownership is more than just relaxing weekends on the deck and intimate evenings in front of the fireplace. It requires a commitment to keeping your private oasis safe and running smoothly. There seems to be a long list of “Honey do” around anyone’s home, Roll up your sleeves and take a few minutes to master five home repairs that you can do yourself without dangerous tools or complicated instructions – and when you are done fixing them, you’ll be as proud as the NBC peacock.
Fixing a Clogged Sink
While dealing with a clogged sink is frustrating, unclogging it is much easier than you may think. First, you should try using products such as baking soda and vinegar. Pour half a cup of each down the drain and let it settle for about 40 minutes. Next, pour some hot water down the drain to break up the particles even more. You may also want to try a cup of salt water along with the baking soda to get rid of tough grease buildup. Products such as Liquid-Plummer and Drano will also get the job done in a hurry.
Dealing with Toilet Troubles
Toilet problems are one of the most frequent issues in almost any house, there are normally 3 recurrent issues: either the toilet does not have a good flushing force, the water seems to trickle into the bowl or water is constantly running in the tank.
- 90% of the time, poor flushing action is due to clogged ports under the rim of the toilet bowl. Clean these out with a stiff brush and some calcium cleaner, like CLR or Lime.
- Water running into the bowl can be due to the water level being too high in the tank. If the inside of your toilet tank has a ball-float with an arm, follow that back toward the hinge point. There you will find a screw, and by tightening it (righty tightly, lefty loosely) you will lower the water level just below the overflow pipe.
- If water is flowing into the bowl, you may need to clean the flapper or flush valve. Replacing this flapper is very easy; you just unclip the old one and clip in the new one and connect the chain. Watch this video on replacing a flapper valve if you are not sure how to do it.
Replacing a Faucet
I have replaced faucets myself in bathrooms and kitchens without calling in outside help. As a matter of fact, I am about to replace yet another faucet that has developed a leak and needs to be replaced. Knowing how to do this myself has saved me time in waiting on a family member to come and do it for me. See this video on How to repair a leaky faucet.
Replacing Loose Door Knob
Not only is a loose door knob annoying, but it also jeopardizes your. After purchasing a new lock set, grab your screwdriver and remove the old one from the door. There are normally two screws, one on each side of the knob. Next, take the lock set and latch assembly out of the door and verify that the new one you purchased looks exactly the same. Once it does, you can proceed to put the latch bolt back the door, before inserting and tightening the new knob.
Fixing Holes in the Walls
There’s nothing attractive about having a hole in your wall. Thankfully, you should be able to fill it with spackling paste. Fill the hole with spackling paste, sand it flat after allowing it to dry and then repaint.
Why Do We Get Old?
If you understand the aging process, you can take responsibility for slowing it down and enjoying an active and interesting retirement.
As we age, our bodies change in many ways that affect the function of both individual cells and organ systems. These changes occur little by little and progress inevitably over time. However, the rate of this progression can be very different from person to person.
The Scientific Theories Relating to the Aging Process
Aging is a largely mysterious process; there are many theories as to what is the basic mechanism underneath the aging process
All these different theories can be divided into 2 main categories: Damage-based theories and Programmed-based theories of aging.
Damage-based theories, as the name implies, suggests that aging results from a continuous process of damage accumulation originating by-products of metabolism. In other words – a certain form of damage accumulates throughout the entire lifespan and causes most aspects of aging.
Typically, this damage is a by-product of normal cellular processes, or a consequence of inefficient repair systems.
On the other hand, Programmed-based theories of aging argue that aging is not a result of random process but rather driven by genetically regulated processes. So the difference between these two theories lies in the underlying mechanism: damage-based theories of aging argue that aging is predominantly a result of interactions with the environment, while programmed-base theories argue aging is predetermined and occurs on a fixed schedule.
Changes Associated with Normal Aging Process
The aging process in humans is a complex biochemical process which includes all the changes taking place socially, psychologically and physically. Here are some of the genetic and environmental factors that affect the aging process.
Genetic and Environmental Factors
Anyone who has been to an ex-students’ meeting some 30 years after graduation will notice that some of their peers look almost as they used to, while others will have aged almost beyond recognition. We all age at different rates, depending on our genes and our environment. Overall, genetic factors seem to be more powerful than environmental factors in determining the large differences among people in aging and lifespan – however – A healthy lifestyle is an especially important factor in healthy aging and longevity. These environmental factors can significantly extend lifespan.
Behaviors of a Healthy Lifestyle
- Not smoking
- Drinking alcohol in moderation
- Exercising
- Getting adequate rest
- Eating a diet high in fruits and vegetables
- Coping with stress
- Having a positive outlook
Cellular Changes Associated with Aging
Aging causes functional changes in cells. For example, the rate at which cells multiply tends to slow down as we age. Certain cells that are important for our immune system to work properly also decrease with age. In addition, age causes changes in our responses to environmental stresses or exposures.
Bodily Changes Associated with Aging
Changes in height: We all lose height as we age – Generally, our height increases until our late forties and then decreases about two inches by age 80.
Changes in weight: In men, body weight generally increases until their mid-fifties; then it decreases, with weight being lost faster in their late sixties and seventies. In women, body weight increases until the late sixties and then decreases at a rate slower than that of men.
Conclusion and Hope
We should remember that there is a range of individual response to aging. Biologic and chronologic ages are not the same. It is important to remember that the ability to learn and adjust continues throughout life and is strongly influenced by interests, activities, and motivation. With years of rich experience and reflection, we can rise above our own circumstances. Old age, despite the physical limitations, can be a time of variety, creativity, and fulfillment.
How Credit Scores Work?
Did you ever wonder how come you can go online and be approved for credit within less than 60 seconds? Or get pre-qualified for a car without anyone even asking you how much money you make? Or why you get can get a low interest rate on loans, while your neighbor gets a high one?
The answer is your credit score – and you better have a good one!
Credit scores are now being used everywhere – whether it’s for buying a car, house or computer or getting a student loan. Your employer use it, your landlord and your insurance company – they all use your credit score to determine your creditworthiness in order to decide how much to charge you, whether to hire or promote you or if you would be a good lease candidate.
So What Exactly is this Credit Score?
Credit score is a number that represent the likelihood of the consumer becoming seriously delinquent within the next 24 months. Many factors contribute to a credit score – it contains a history of how you’ve paid your bills, how much open credit you have, and anything else that would affect your creditworthiness. This number is generated by a mathematical algorithm — a formula — based on your credit information, compared to the information on tens of millions of other people. The resulting number boils down to a three-digit number that is a highly accurate prediction of how likely you are to pay your bills.
This incredibly important number, which affects how much you pay for almost every life necessities used to be hidden from the public until recently. Only lenders and businesses that used the score, could access it. In 2001, however, all of this changed due to pressure from the U.S. Congress and consumer groups. Now everybody can view their credit score — for a fee — from credit reporting agencies and credit monitoring services.
How is the Credit Score Calculated?
Well, there are different models to calculate the credit score, the range of scores and weight given to particular factors depends on the scoring model used. The FICO score is one of the most popular scoring methods, its scale runs from 300 to 850. The vast majority of people will have scores between 600 and 800.
Currently, each of the three major credit bureaus uses their own version of the FICO scoring method — Equifax (http://www.equifax.com/home/en_us ) has the BEACON score, Experian (http://www.experian.com/ ) has the Experian/Fair Isaac Risk Model and TransUnion (http://www.transunion.com/ ) has the EMPIRICA score. The three versions can come up with varying scores because they use different algorithms.
Here are the three main factors that contribute to your FICO Credit Score:
Payment history
The largest part of your credit score, 35%, is determined by how reliably you pay your bills. Your payment history includes any unpaid or late bills, delinquencies and public debt records.
Debt to credit limit ratio
How much you owe in comparison to your total credit limit, makes up 30% of your score. (In order to keep your score high, experts recommend that you maintain Credit Card balances of less than 30 percent of your credit limit.)
Credit history
The length of your credit history makes up 15% of your score. Consumers with the best credit scores have had their cards for a while. Credit history shows that you can keep an account in good standing throughout the years.
Yea Well, so What’s the Big Deal?
No matter which scoring model lenders use, it pays to have a good credit score. Your credit score affects whether you get credit or not, and how high your interest rate will be. A better score can lower your interest rate.
The difference in the interest rates offered to someone with a score of 520 and someone with a 720 score is 4.36% points, according to Fair Isaac’s Web site (http://www.myfico.com/). On a $100,000, 30-year mortgage, that difference would cost more than $110,325 extra in interest charges, according to bankrate.com’s mortgage calculator. (http://www.bankrate.com/calculators/mortgages/mortgage-calculator.aspx)The difference in the monthly payment alone would be about $307.
Your Credit Score is a powerful little number – Take care of It!
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4 Ways to Backup Your Computer
If there’s one important task computer users regularly ignore, it’s backing up their data, including important items like their office documents, music, videos, and photos. Things go wrong sometimes: Computers get viruses, hard drives fail, and ex-girlfriends launch belongings out of windows, leaving you in a bind. If you have never performed this task, then read on to learn simple ways to back up your computer hard drive and ensure that you never lose data again.
One of the biggest reasons people forget backing up is that they don’t know where to start, what tools to use, or how to go about it. Here are 4 simple options for backup – there are more strategies possible but these 4 are good enough for most of the people. Don’t be scared — the process is relatively simple these days and often completely automated, so you won’t have any excuses when your music library and your financial records are all gone.
1. Backup to Alternate Medium (CD or DVD)
Backing up your data to an alternate medium such as a CD-R or DVD-R is one of the easiest methods to backup our personal data. This is the absolute bare minimum method. Backing up to a writable disc is easy but will require some type of software or operating system capable of writing to the discs. These types of backups also require the disc be inserted into the computer each time you wish to make a backup.
2. Backing up to an External Hard Disk Drive
Backing up to an external hard disk drive is the best solution for anyone who needs to backup large amounts of data and need to backup frequently. Some of these external hard drives come prepackaged with software for easily duplicating your files. Many drives come with a one-click solution, meaning all you need to do is press a button on the front of the drive or you’re desktop to begin an automatic backup.
3. Store Backups Online
If your home or office were to catch fire or someone were to steal your computer and backups everything would be lost – that is why you should consider using an online solution. Online file storage solutions are becoming increasingly popular and are an excellent option. Some Internet storage solutions are used without ever leaving your Web browser, while others add themselves to “My Computer” like they’re just another hard drive. Still others install small apps that work in your computer’s background, syncing your data to the Web without you ever having to do a thing.
Depending on the scale of your backup plans, we suggest going with either Mozy or Dropbox for your online storage needs. If you’re only backing up small amounts of important data, then Dropbox’s free 2-GB of storage can’t be beat. While it won’t let you back up your music collection, it’s more than enough for office documents and a few hundred photos. Dropbox does offer a premium plan that allows you to sync 50GB of data for $9.99, but if you need that much storage, then go with Mozy.
4. Ongoing Backup
Having a computer with RAID (Redundant Array of Inexpensive Disks) can help make sure data is protected as it is updated. RAID uses two identically sized disks to make two copies of all your data, or “mirroring” it. By writing everything on your PC to both disks at the same time, a RAID array ensures that even if one of your hard drives dies, your computer will operate normally as long as the other still functions. This is the best solution for sensitive data that is updated frequently.
How to Get a Business Loan
Small businesses are the economic lifeblood of this country, and the majority of them began with help in the form of a small business loan. Very few small business owners have the funds available privately to start or expand their enterprise, so most are forced to seek out loans to move their vision forward
But, there are some things that everyone should know before applying for a small business loan. The main requirements of attaining a small business loan are your personal credit history, business plan, experience, education, and feasibility of the business you are starting or expanding.
Credit History
The key thing to know about small business bank loans is that you are often judged on your personal credit. you need to build a credit history to give banks an idea of how responsible you are. Take advantage of the U.S. government’s free credit report program – and continually monitor your credit going forward. Over time, you’ll want to build credit for your business and stop using personal credit. Business credit is similar to personal credit, but it’s important to have both.
Business Plan
The business plan shows the lender not only why you want a small business loan but what you plan to do with the money. Your business plan must answer the questions a lending institution would ask. These questions usually are:
How much money do you need?
Accuracy is important, so request enough money to invest wisely.
What are you going to do with the money?
You will have to provide, in detail, the designated use of every dollar requested.
When will you repay the small business loan?
Explain in detail how this small business loan will serve as a stepping-stone for your business. You will need to convince the lender that you are able to repay the loan through the expected long-term profitability of your business.
What will you do if you don’t get the loan?
Let lenders know that rejection will not discourage you from starting or growing your business. You want to portray a confident and determined personality and you will try lender after lender until you receive the money you need to get your business moving.
Some Final Business Loan Tips
Every bank and every banker will have a slightly different idea of what to look for when deciding whether or not to lend you money. They will all, of course, look at your financial projections and credit history, but their perception of your character is also a very critical factor, that is why you need to be prepared.
When you start the process of visiting banks, do the following:
- Call first to make an appointment.
- Dress for success.
- Have a well-prepared business plan and all financial documents with you.
- Be professional.
- Be overly prepared to answer questions about anything and everything related to your business, your credit history, and your financial status.
- Show extreme confidence.
- Be very “matter-of-fact” – present an air of not being desperate for the money.
- Be truthful about everything (they’re going to find out anyway).
- Don’t spend your time “selling” your business idea (they don’t care).
- Keep in mind that they only want to know how they’re going to get their money (and interest) back out of you.
- The larger your own financial investment in the company is, the better your chance of getting the loan.
Good Luck 
How Car Insurance Works
Auto insurance is like any other insurance: it protects you against losses – in this case losses related to the use of automobiles. Various types of auto insurance cover may be purchased, yet liability insurance is mandatory in most states. When you purchase auto insurance, you pay a monthly premium. The premium is the cost of “transferring the risk” of a car accident from you to the insurance company. The premium is based on how much risk is being transferred. This is determined by factors such as your driving record, the type of car you drive, and how much liability protection you want. Since you pay to “transfer the risk”, if you car is stolen or damaged, your insurance company will pay for a replacement. Likewise, if you injure someone or damage property, your insurer will cover your liability
Types of insurance Coverage
Everyone who drives needs car insurance. When you buy car insurance, you are buying what is called a policy. Auto insurance policies are actually a package of different types of insurance coverage. The first step in understanding an auto insurance policy is to learn the various types of coverage insurance companies offer.
- Liability - In most states, you at least need to have liability insurance, which covers the cost of any damage you do to other people. (But note that liability insurance doesn’t cover injuries to you or other people on your policy; for that, you need PIP insurance.
Insurance companies like to quote liability coverage as a series of three numbers, like 50/200/25.
- The first number is how much, in thousands of dollars, the policy will pay for each person (besides you) injured in an accident ($50,000 in this example).
- The second number is the total that the policy covers for each accident ($200,000 here).
- And the last number tells how much property damage will be reimbursed ($25,000 in this case).
- Collision - This coverage pays for damages to your vehicle caused by collision with another vehicle or object.
- Comprehensive - This coverage pays for loss or damage to the insured vehicle that doesn’t occur in an auto accident. The types of damages comprehensive insurance covers include loss caused by fire, wind, hail, flood, vandalism or theft.
- Medical Coverage - Pays medical expenses regardless of fault when the expenses are caused by an auto accident.
- PIP - Personal Injury Protection (PIP) is required in some states. This policy option covers medical expenses that you or your passengers incur if you are involved in an accident
- Uninsured/Underinsured Motorist Coverage: This pays for all your damages if you are in a car accident with someone who either has no insurance or who is underinsured. You, your passengers and your vehicle are all protected
- Rental Reimbursement - This type of coverage will pay for a rental car if your car is damaged due to an auto accident. Often this coverage has a daily allowance for a rental car.
Many insurance policies combine a number of these types of coverage. The first step in choosing the insurance you want for your car is to know the laws in your state. This will tell you the minimum insurance you need for your car.
Remember this – though it’ll always cost more to insure a new Corvette than a used Corolla, one of the best ways to keep costs low is to maintain a clean driving record. Insurance companies charge you based on how likely you are to file a claim — and accidents are the biggest source of claims.