Ever since I got a huge cellphone bill four months ago, every time I make a call, I note down the duration of my call along with the charges for the call. But every time I find that my billed amount is more than my calculations. Can someone tell me the reason for this? Maybe this cellphone expenses infographic from Billshrink has an answer to my query. Here are certain charges that you pay in addition to the talk-time charges: Media Files Exchange Firstly, this infographic reveals that our wireless services providers are not charging us merely on talk time. You might be shocked to hear this, but if you use a smartphone, a lot of data exchange is taking place from your phone and you are being charged for all this. Data carrier service charges are calculated in technical lingo which is generally [...]

Ideally, how would you imagine a successful business person - a slick executive who sits in a chamber in his plush office or a person in casual clothes working with his laptop from his living room or study? Obviously, conventionally we’ve been trained to view the former as one having a strong career while the latter as one working to make some income on a temporary basis. But times have changed. Nowadays, a lot of jobs related to the IT/ITES service industry can be done from home. In the present recession torn times, working from home is a beneficial option for both the employer and employed. Let’s see how: Advantages to the Employer Save up on office space and infrastructure The more the number of people attending office, the more space the employer will require accommodating them. [...]

Till a couple of decades ago when conventionally the man was the breadwinner and financial supporter of the family, all was fine for women who instrumentally assumed the role of the homemaker rather than the financier. But now, with increasing role reversal trends and economical hardships, women have to make financial contributions to their family. With the increase in divorce rates, you never know when your man might call it quits and you are left unprotected midway. Don’t be a fool and work towards making yourself financially independent. Also wives should be made financially prudent so that they adopt the correct financial behavior. Don’t Keep Yourself Unaware Of Family Finances I’m surprised that even to this day, many men and their facilities raise an eyebrow when the daughter-in-law [...]

I’ve been one of the lucky few people of this planet to have managed to steer myself clear of the bad economic times without a dime of debt on my name. But I’m amazed to see my friends, mostly people with sound financial cushioning and stable careers succumbing to the pressures of the recession and now burdened with heavy debts. If you are one of them, here are some things that you should do, without fail, to relieve yourself of the crisis soon. Don’t Get Psyched First of all don’t be embarrassed because you are not alone. Professional debt collectors say that these days there are a large number of middle class and rich people under huge debt. They are first timers and don’t have adequate strategies to cope with the situation. Being first timers they are dismayed and are not focused [...]

You have probably thought of only spending money through your credit card. How about saving some money? Here are some of the secrets which you might not be aware of: Raise your Credit Limit It is hard to convince credit providers to increase your credit limit these days, due to recession. But Ken Clark, a certified financial planner, has got a smarter way to work it out. According to him, you can ask it in conjunction with a larger purchase. Tell them you want to raise your credit limit because you want to buy a new car or repair your house and you have it. However, the only criterion is to have a decent past record i.e. not missed many payments. Skip a payment Yes, skip a payment. This is one of the benefits you enjoy if you are a customer in good standing. Sometimes, it gets difficult [...]

Planning to buy a Smartphone? Here are three best selling Smartphones that you could choose from- the Motorola iPhone 3GS, Palm Pre and Motorola Droid.  You could follow a survey result on these phones presented by BillShrink. The phones are compared and contrasted on certain categories. In the case of storage capacity, AT&T ‘s iPhone  3GS and Verizon’s Motorola Droid have a capacity of 16 GB which is double that of Sprint’s Palm Pre with a capacity of only 8GB. So if you want to keep a lot of files such as downloadable media files etc, its better for you to choose between the 3GS and Droid. If you want a smartphone with a longer battery life, choose between the 3GS and the Palm Pre which come with a battery life of 300 hrs each with standby. The Droid has a slightly shorter [...]

Expenditure on household appliances is one of the major areas that you might need to slash to save your finances during these economically lean times. Here are some appliances that you can think of investing in to save up on that extra buck. Of course, initially you might have to make some investment but in the long run you’ll be benefited. Low flow toilets to save on water bill: Normally, your flush would use about 13 liters of water per day. But a low flush toilet will use only 6 liters. That saves up on more than half your water expenditure. Filter water bottles in place of normal packaged water: You might be buying dozens of packaged water bottles to quench your thirst when out of home. These bottles only add up to the disposable plastic that goes to your bin. Also you spend a lot [...]

For years, America has been the financial super power of the world and New York has been the lead financial centre. But now, according to the World Economic Forum(Geneva) findings, London is the new world financial centre. Getting ranked by the WEF is no cake walk because you are competing with 55 nations on 120 criteria based on the sophistication, stability, business environment favorableness, equity and bond market size, technological infrastructure,  human per capita, and ease of loan accessibility. On all these factors, Britain seems to have scored good points even though its economical hardships were up from last year. Thanks to its foreign exchange and perfect insurance systems! The country has made it to the numero uno position majorly because of these factors. America on the other [...]

Microsoft has come up with the Windows 7, Hewlett Packard and Dell have come up with new computers this season. Does this mean that you should necessarily go in for this new stuff? I think you can upgrade your system if it’s in a good working condition instead of throwing out your old operating system and buying a new one. Obviously you are going to save a lot of money for yourself by doing that. Do you know that the lifespan of your desktop is about 8 years and you’ll not have to buy any new operating system compulsorily? You can just maintain and upgrade your old system. However, its not that upgrading is the solution always. It depends on the type of upgrades your computer requires, the type of tasks that you do with your computer and the costs involved for an upgrade. If you use [...]