Wednesday, October 21, 2015

When Do You Need Credit Repair (part 2 of 2)

Once the debt consolidation package has been made, it is time for you to come up with the money and that usually means cutting down your expenses for the moment.

If what you are saving is not enough, you may need to make some hard choices like selling off certain valuables especially when no one will lend you the money except perhaps if you have friends that are very understanding.

When you have finished paying off your debt that could take months or even years, make sure you get a settlement letter from them and send a copy of this to the credit bureaus so this can be updated on your credit report.

There are lessons to be learned once you have successfully undergone credit repair.

First, keep an eye on your expenses. If the credit given to you is quite big, don’t be tempted to max it because you will mostly have a hard time paying for it.

Second, while most creditors will allow you to pay a minimum, whatever is left grows because of interests so you are not doing yourself any favors by not paying this amount in full.

Third, if this is something you can’t do alone, don’t be ashamed to ask for help because there are counselors ready to help you out.

Fourth, pay all your bills on time and in full.

Credit repair could have been avoided if you played it smart. Now that you are here, you have to do what is needed so it can be corrected.

When Do You Need Credit Repair (part 1 of 2)

When do you need credit repair? The moment your credit score is anything less than 600 points because this could make it difficult for you to apply for a loan.

If it just so happens that your credit score falls below the minimum, don’t panic because this issue can be resolved. Never for one moment should filing for bankruptcy become an option because this will be on your record for 10 years or so.

Credit repair may not be as bad as you think if there happens to be a mistake on your credit report. You can check on that by getting a copy for free from one of the three credit agencies namely Equifax, Experian, and Trans Union. You may request a copy simultaneously or get one at different times of the year.

Once you have it, review if there are any errors on the document. There are instances that one report will say something different.

If you know for a fact that a certain issue has already been resolved, send a request to have this changed together with a letter and the documents that prove this should be removed from your record.

But what if the credit report is real? Well, the only thing you have to do to repair your credit score is to pay it off. If you are having a hard time due to the big amount, get help from a credit counselor who can act as a negotiator and help create a debt consolidation package.

The debt consolidation package must be placed in writing as it signifies an agreement between you and the creditors. . This document will save your life should there be any problems in the future like if the creditors decide to void the agreement.

Saturday, October 17, 2015

How to look for the right asset management people (part 2 of 2)

Ask for referrals.

The best way to look for people who you can trust is to ask people you trust to refer people whom they trust. That way, you can be sure that who you are hiring has already been in a way tried and tested by people whose judgment you respect.

A good person to talk to for this is perhaps your parents or in laws who have probably hired people years ago to manage their retirement funds. You can also ask people whose portfolio you admire. Even your boss in the office can be a good source of information.


Another way to make sure that your money is well-taken cared of is to spread the money to a couple of asset management people. Do not put all your financial eggs in one basket. This way, you can be sure that if one will have a problem, the other will still be there as an insurance.


But don’t rely on referrals and opinions of people. Even the best judge of characters will also make mistakes. Before hiring the person, look him over and do some background check on him. Research on his employment history and if possible talk to his previous employers and also present ones. Invite him for dinner or set up a meeting with him. That way, you can talk to him or her. Here you will be able to see if you instinctively like the person. Sometimes the gut feel is also important.

How to look for the right asset management people (part 1 of 2)

You can work all you want but with the high costs of living and the rising prices, your savings will not be enough to last you until your retirement. In order to have a secure future, you need to manage your money right and make sure that the money will earn by itself. Unfortunately, asset management is not something that most people are particularly strong in. In fact, people nowadays are often in trouble because of credit card debts. Only a few know how to save their hard earned money and but even they don’t know how to make their money grow.

Asset management is something that is often done by people who are already experts in money trade. They are the ones who know when to invest and where to invest so that your money will last for a long time. There are companies that specifically provide these kinds of services to people especially to large corporations who seek to grow their money. Asset management companies often deal with individuals who have amassed a lot of money but don’t know what to do with it. For a professional fee or sometimes for a percentage of commission, they will invest your money in real estate, in stocks and in bonds.

Most people, however, are not comfortable with the idea of other people handling their finances. In fact, some will not even let others know that they have amassed such a fortune. But keeping the money in banks will not make it grow. It will only stay stagnant and rendered valueless in time because of rising inflation rates. When you really concentrate on the task, you can find someone who can manage your assets honestly. Here are some tips on how to find that person.

Friday, October 16, 2015

Things You Ought to Know About Embroidery Stitches (part 2 of 2)

What Are the Common Stitches?

It is important to know the common stitches use in embroidery if you are new to this craft. But, this should not be hard on your part as every embroidery stitch is named so one can easily identify it. The following are the common stitches used in embroidery;

• Straight stitches – examples of these stitches include basting or running stitch, simple satin stitch, Algerian eye stitch, and Fern stitch. Holbein stitch and Bosnian stitch are also straight stitches.

• Back stitches – examples of these are stem or outline stitch, split stitch, and Crewel Stitch

• Chain stitches -  examples include chain stitch, the Lazy Daisy or detached chain stitch, the Spanish Chain or Zig-zag chain stitch

• Buttonhole stitches – examples of these stitches include blanket stitch, buttonhole stitch, crossed buttonhole stitch and closed buttonhole stitch. Knotted buttonhole stitches such as top knotted buttonhole, Tailor’s buttonhole and German Knotted buttonhole are also among these stitches.

• Feather stitches – fly stitch, feather stitch, faggoting stitch and Cretan stitch are examples.

• Cross stitches – though these stitches have its own industry, it is still considered as a common stitch in embroidery. The Breton Stitch, Sprat’s Head stitch, Crow’s Foot stitch and Herringbone stitches are examples.

• Knotted Stitches  - these are predominant in Brazilian embroidery. Among the examples are French knot, bullion knot, coral stitch, Chinese knot, etc.

• Couching and laid work – pendant couching, Oriental couching and square laid work are few examples.

These are just few examples of the stitches that you will mostly encounter in your embroidery projects. If you need further information, guides and tips on how to do them right, you can always get an embroidery book or magazine. Surely, there are several pages there to help you out. On the internet, there are hundreds of websites which offers information about embroidery.

You will surely find instructions on how to do each embroidery stitch. Figures and diagrams are also available; these will be a big help as you can see drawings on how to execute the stitches.

Things You Ought to Know About Embroidery Stitches (part 1 of 2)

If you have been into embroidery for some time now, you are surely familiar of all the things related to it. And surely, you know all about embroidery stitches. But, if you are new to the crafts of embroidery, you might know embroidery stitches as a part of embroidery. Nothing more than that. Now, you need to have in-depth knowledge of embroidery and the stitches used in it if you wish to be a successful embroiderer one of these days.

So, what are embroidery stitches? Basically, these are the stitches which are executed in the same way at all times; thus, creating a recognizable figure. These are also known as simply stitches. These are also considered as the smallest units in embroidery. You need to do many stitches of different or same kinds to form embroidery patterns.

Techniques Used Involving Embroidery Stitches:

• Hand-Sewing Method – in this method, you need to bring the needle to the fabric’s upside. This technique involves movement that is similar in regular hand sewing; thus, the name.

• Stab Method – also known as Maggam work. This is very popular in India. In this method, you need to insert the needle into the fabric at an angle of 90 degrees.

Basically, the techniques in embroidery that you will use depend on the stitches, the materials used in the embroidery project as well as your own preferences in working on your project.