Dressing On Budget – Here Is All You Should Know

Did you read the news about that woman who has already created 13 red carpet replicas of Taylor Swift? She purchases the fabric and stitches the Taylor Swift signature designs at home, but not everyone can stitch their own dresses to look like red-carpet-hot celebrities. Do you know about the tricks of looking classy on budget, and that too, without breaking your bank? Here is how you can nail it!

Consignment Shops

Contrary to the popular belief that all consignment shops carry torn, out-dated clothes only, it might be a surprise to many that consignment shops carry modern and trendy clothes in perfect condition. Many consignment shops have scheduled their product receiving and display dates. You may contact them to get your hands on the latest clothes and choose from huge variety.

Sale! Sale!

Almost everyone saves money for impulsive shopping during seasonal sales. You might also have purchased clothes and shoes in bulk during the Christmas sale. But do you need a new dress for college party while there is not any sale going on around? Then, take advantage of your college ID. Banana Republic offers 15% sale on every in-store purchase on your College ID. The Urban Outfitters also opens 10% seasonal sale on College IDs, like many other stores.

Inspect Your Wardrobe

Wardrobe inspection is necessary to maintain your classy attire. Make sure to work on colors and variety when shopping for your closet. If you have three pairs of blue jeans in the closet then try another color this time around. Similarly, if you have long skirts, trousers, and jeans in the closet then try pencil skirt or jump suit this time. Men should consider buying different colors of coats and jackets to look smarter and stylish.

Carefully Buy Your Accessories

Some accessories like scarves and hats are inexpensive, yet stylish. If you want to multiply the use of your investment then purchase leather accessories like belts and watches instead of fancy bracelets. You can wear the same watch with tens of your dresses. Buy nude color or basic color shoes like brown, beige, black, white, and gray to multiply their use.

More Tips

  • Always wear well-fitted clothes only. You may find a catch-22 in $8 but it is useless if it is bigger or smaller than your size.
  • If you love wearing designer labels then research about the local thrift stores in your area. Otherwise, you can knock off your style with non-designer clothes as well.
  • Use your coupons. Many online stores offer discount coupons upon signing up or subscription. You may also get discount coupons for purchasing the essential groceries. Use these coupons to buy your clothes.
  • Do not buy outfits! Try separate items like separate jeans, shirts, and shoes. Mix and match your purchases to make 25 dresses out of your 5-pairs of jeans and shirts.

Above all, always ask the shopkeeper if there is any active sale in the store. Make a list of the items you need to shop and do not over-purchase!

Is Health Savings Accounts Right for You?

Health savings accounts are just like savings accounts except that the money you save is used to pay for your medical expenses.

What are the Advantages of a Health Savings Account?

There are many advantages to using a health savings account that people don’t know of. Here are the benefits you get by setting up your own health savings account:

  • Others can contribute to your account: This may be one of the best benefits of HSA. Your employer, friends and family can deposit their contributions to your account for your healthcare.
  • Funds roll over to the next year: You don’t need to worry if your funds in the HSA are left at the end of the year. The remaining funds will simply be rolled over to the next year, so you can rest easy knowing that your money is there when you need it to pay your medical bills.
  • Pre-tax contributions: If your employer deposits money through payroll deposits, they will be with pre-tax money, so these contributions will not be liable to tax.
  • Withdrawals are tax-free: If you withdraw money from your health savings accounts to pay for your medical expenses, the money will not be charged with federal (or, in most cases, state) income taxes.
  • All earnings from HSA are tax-free: The interest of your health savings accounts are not subject to any kind of taxes and neither are the any other earnings or assets in the account.
  • The account is extremely convenient: Most of the health savings accounts issue debit cards, so that if you need to pay for prescription bills immediately, you won’t need to go through the hassle of withdrawing money first, and take care of the bills right away. In addition to this, if you wish to receive your bill in the mail, you can simply make the payment over the phone using your debit card after calling the billing centre. You can also use this debit card to draw money from the ATM.

What Expenses are Covered by a Health Savings Account?

There are many expenses that are covered by a health savings account. You can find the whole list in the IRS Publication 502, Medical and Dental Expenses. However, some of the most common expenses covered by an HSA are listed below:

  • X-rays
  • Wheelchairs
  • Therapy or counselling
  • Telephone equipment for the visually or hearing impaired
  • Surgery
  • Psychiatric care
  • Prescription medications
  • Nursing services
  • Lab fees
  • Insulin
  • Hospital services
  • Hearing aids and batteries
  • Fertility services
  • Eye exams, glasses and surgery
  • Doctor’s fees
  • Diagnostic services
  • Dental treatments
  • Contact lens supplies
  • Chiropractors
  • Ambulance services
  • Alcoholism treatment

Is It Good for Me?

You need to think carefully before getting a health savings account. Though it offers a huge number of benefits, there are some drawbacks that are not feasible for everyone.

If you are okay with a high deductible, and can save medical receipts responsibly, then you should definitely go for an HSA.

Will an Adverse Credit Score Affect Getting a Guarantor Loan?

Reduced income, unemployment, poor financial management, and unexpected expenses are few reasons why people end up with bad credit score. Due to this, banks and other traditional lending institutions turn down loan applications, assuming that the borrower won’t be able to make timely payments. For such people, bad credit loans have been designed to help them cope with their financial needs and get in a better financial position in order to improve their credit score.

Some people also find it difficult to get loan because they never borrowed money before due to which it becomes hard for lenders to assess their ability to pay back loans on time. So if you have a bad credit score for any reason whatsoever, you can opt for guarantor loans to cater to your financial needs. Qualifying for these loans is quite easy as all you need is an eligible person who can act as a guarantor for your loan, and the lender will transfer the loan amount to your bank account within a few hours of approval.

Effect of an Adverse Credit Score on Guarantor Loan

Typically, guarantor loans are made for people with bad credit score. So if you are a loan applicant, you don’t have to worry about your adverse credit score, as it will not have any effect on your guarantor loan. However, if you are entered an Individual Voluntary Management Plan, are currently in a Debt Management Plan, or have declared bankruptcy, then you cannot apply for a guarantor loan.

The lenders look at the credit ratings of your guarantor. It is necessary for your guarantor to have a good credit rating and payment history, so that if you fail to pay your debt on time, they can turn to the guarantor for payment.

Criteria for Guarantor Loans

The lenders that provide guarantor loans know that the past credit history is not the reflection of your current financial situation. They understand that people require loans to get back on track and improve their credit score. That is why they approve your loan application based on the guarantee of the person who understands your situation. There are a few things that you will need before you can have the money transferred to your account.

First, you must be eligible for guarantor loan as per lender’s affordability criteria. This means that you must have a regular monthly income along with a certain amount that you can use to make the monthly loan payments. Second, you must have a bank account. Lastly, you must lie within the legal age limit set by the lender. The minimum age is 18 years while the maximum age is 75 years, but it may vary from lender to lender.

Benefits of Guarantor Loans

If you go to a mainstream lender, your loan application will be rejected right away for having a bad credit score. But with guarantor loans, you have the advantage of borrowing money with bad credit rating. As long as you have an eligible guarantor and are capable of making monthly payments, you will be able to get the loan. Another great benefit is that you can have the money in your account within a day.

Gifted

If your average, everything is laid out for you. Society is simply geared to cater for masses of average people. But what if you’re not average? What if you’re above average? The way things are today… you’re at a similar disadvantage regardless of whether you’re above average or below average. This isn’t a good thing. The point we are trying to make is that is the majority of cases if you’re exceptional you are at as much of a disadvantage as someone who is not, in the state-funded schooling system.

Children who excel easily at school are often under stimulated, which can cause all sorts of behavioral problems. This in turn can mask a child’s ability as once they have started to misbehave, most teachers will focus on the problem and not the cause. In these situations, it is important to identify high achievers at the earliest stage possible. Once identified, you need to assess their level of performance. This way a gauge can be made to determine their unique development needs. Once known, teachers can effectively strategies on an approach to a more bolstered curriculum for the child.

This is all well and good and will go some way to the proper development of a gifted child… but in our view this is a stop-gap measure that needs a permanent solution if it is to be truly effective in the long term.

We encourage parents to find extra-curricular help for their gifted children as the state system simply isn’t geared to provide the kind of support needed to most gifted children. Put another way, we once worked with a child of 10 years of age. The child was able to read three times the speed of the average adult AND retain the information. Their level of aptitude for English, maths, and science was circa per-graduate stage. There isn’t a primary school in the country, save the world, that has the facilities, resources, or expertise to deal with a child like this.

GRC is well versed in such challenges. Our staff have been specially trained in supporting children of this nature. Our materials and resources are advanced but tailor made for your younger adults so that they can be used effectively. The biggest benefit of our service is that your gifted child will be around like-minded children. They feel accepted and free to express themselves. We do more than provide intellectual support. By working with us children get a holistic range of support and development, which stands them in good stead for later life.