5 Financial Gifts Idea

By Personal Money #76

Here are 5 gifts that keep on giving long after the giving season is over.
1) Games

Learning about money can be fun and rewarding at the same time. Board games like Smart Money and Monopolyteach concepts like creating wealth, budgeting, real estate and investing.


2) Unit trusts or stocks
Select investment that are suited to the recipient's risk profile and resources. When comes to buying stocks, you have to notify the recipient first, as only his broker can take instructions from him.


3) Precious Metals

Jewellery may increase in value. However, there is a major difference between buying someone gold chain to wear and a gold to keep. Ideas: 1 carat (1.00 ctTW) Brilliant Round Diamond Stud Earrings in 14Kt White or Yellow Gold,Screwback (GH - I112) or 10k Gold 3-stone Diamond Heart Pendant with 18" Chain (1/10 Cttw; I-J Color)


4) Financial advice
An appointment with a financial planner would be much appreciated by one who is need a specialist help to sort out his financial management issues. Look out for qualified planners who are bound by the rules and guidelines imposed by the relevant issuing bodies.


5) Reading material

Personal finance books or magazines, another gift alternative for those who are reluctant to reveal too much information to a financial planner. A good stater is Suze Orman's The Road to Wealth, Revised Edition or David Bach's Debt Free For Life: The Finish Rich Plan for Financial Freedom

How to Give Richly and Keep Your Budget In Track

At the end of the year we have the traditions of giving gift. Here are 3 ways to smart gifting that give back from Personal Money #76.

1) Plan wisely

Make a list of your gift's recipients. You might want to consider giving to people who provided good service to you the entire year. Make a rough estimate of the total spent each year and decide if you want to spend less, the same or more. Second, set a ceiling budget for each person, including gift-wrapping or postal charges. For more saving, look out for periodical sales.

2) Keep to your budget

What do you do when you are given gift, but have nothing to give in return? Never rush to buy someone a gift in return, as the giver will know you never meant to give it in the first place. Instead, write a thank you note a day after. This will be more sincere. If your recipient gives you an expensive gift? Stick to what you can afford.

3) Keep credit in check

Avoid using your credit card unless you know you will be able to pay the bill in full. Credit cards are convenience tools only and cannot be treated as cash in hand.

The Smart 6 Money Value For Buying Jeans

Jeans are so popular. Wearing the right pair of jeans for your type of figure will dramatically make you look great. They are casual, stylish and can be worn for just about any occasion or event.

Genetic Denim has introduced five, cargo-inspired styles to the Fall 2010 Women’s Collection. Rendered in Tencel Cotton twill, the new signature cuts range from narrow to exaggerated boyfriend. The fabrication retains a polished drape, evocative of the luxe, soft denim the brand is known for. 

6 Tips to buying jeans that value for your money:

1. Get the right size, we as women have a thing with buying clothing one size smaller, this fine but with jeans you want to make sure you are comfortable.

2. Try them on before buying it will not only save you time but gas as well.

3. To catch your favorite jeans on sale sign up for a newsletter to get the discounts and bargains.

4. Make sure the zipper works properly and there are no loose buttons.

5. Check for any snags, tears, stains and even odor. Sometimes people that try them on are not as clean as they should be.

6. Jeans are so cool; it is good to have a variety of them with the right pair you could learn to love your body shape.

How to Cut Your Grocery Store Costs

Here are 14 ways to buy what you need while spending less. Highlighted from Nancy Dunnan's book Recession Proof Your Financial Life.

Before Leaving Home

1. MAKE A LIST. Jot down what you really needs helps you reduce expensive impulse purchases. Check your list again against your inventory, so there is nothing miss out.

2. HAVE A MEAL OR AT LEAST A SNACK. If you are hungry, you are automatically buy more than you need.

3. ARRANGE YOUR FAMILY TIME SO THAT YOU CAN SHOP ALONE. Or shop without the children in tow. Kids are great in talking their parents into buying something unnecessary.

4. PUT A CALCULATOR IN YOUR PURSE OR POCKET to keep running tally of the items in your cart.

On the Way to the Store

5. GET CASH. Using credit cards automatically makes it easier to spend more. Put the amount you have budgeted for groceries in an envelope or a special section of your wallet.

 

At the Store

6. PICK THE RIGHT STORE. Check out food warehouses as well as supermarkets.

7. STUDY THE STORE'S LAYOUT. Typically milk, ice cream and other dairy products and also meat are at the rear of the store. This is intentional because it means that you must walk by a lot of other items before you get to your destination.

8. RESIST BOTTLED WATER. Most cities and towns have decent tap water. Buy a filter, if for some reason you don't care for your local water.

9. GO FOR SOFT DRINKS IN LARGE BOTTLES because it is much cheaper.

10. SKIP THE P'S - prepared, precut, peeled. Do your own slicing and dicing. Mixed cubes of watermelon, cantaloupe, pineapple and strawbery in a plastic container are priced to include the cost of labor.

11. SKIP THE G'S - grated items. Grate your own carrots, cheese and potatoes.

12. BEND YOUR KNEES. Higher-priced items tend to be at eye level. Lower-priced groceries are often on the bottom shelf.

13. WATCH THE BILL. Make sure your amount match on the scanner.

14. LOOK THE OTHER WAY AT CHECKOUT. Do you really need those magazines, recipe booklets, candy bars and gadgets?