Financial abuse robs victims of their money, assets, security, and peace of mind. In some cases, it leaves them destitute, dependant, and heavily in debt. Some victims need to take out personal loans or signature loans just to have everyday cash that their abusers do not let them have. Unfortunately, financial abuse can also be hard to spot. It leaves no bruises and many victims are too embarrassed or afraid to seek help. Loved ones, however, may be able to see some signs of this abuse:
1) A victim may seem embarrassed, depressed, angry, withdrawn, or upset for no apparent reason. Like all abuse, financial abuse leaves emotional scars and this can sometimes be visible to a close friend or relative.
2) A victim’s financial situation may suddenly change. A victim, left with no money and assets, will change spending habits. They may not have money for simple purchases, may move out of their home to a smaller location, or may suddenly show signs of neglect or financial distress.
3) A victim may suddenly seem under undue influence of someone else. A perpetrator will usually exert a lot of control over a victim. A victim may defer to a perpetrator on all decisions and a perpetrator may suddenly be making all legal and financial decisions in a relationship.…
Staying in shape is important for our overall health and for stress reduction. Regular physical exercise can also help us control long-term health costs. Taking care of our bodies now tends to mean that we spend less on preventable diseases down the road. However, many people associate working out with money. Fancy gym memberships make it seem like the only way to stay in shape is with a long-term membership. Infomercials on TV suggest that you need to spend plenty of cash to buy the latest equipment. Some customers end up believing these marketing messages and run up credit card bills or take out signature loans to pay for exercise equipment and health club memberships. There are less expensive ways to exercise, though:
Rent exercise tapes from the library for free or look up online exercise videos. These are free and make more sense than buying DVDs because you get to switch up your routine more often.
If you’re in good physical shape and are looking for a challenge, find a charity marathon that offers training. It’s a great way to get in shape while doing some good, and you’ll even often get personalized training before the big event.
Look in the newspaper for walking and hiking clubs. It’s a great way to get in shape for free while seeing a whole new part of your town or city.
Use everyday objects as exercise equipment. Use canned foods or bags of sugar as weights. The back of a couch offers support while you do lunges. You don’t need much of the equipment you see advertised.…
It’s a terrible position to be in: you’re in another country (maybe one where you’re not 100% confident with the language) and you find your money or wallet gone. Or, maybe you’re in that same foreign country and you suddenly find yourself faced with a medical emergency that is going to take some money. At home, you could head out to get a personal loan, credit card cash advance, or payday loan. What do you do when you’re far from home?
It pays to plan in advance. Travel insurance can take care of many of the emergencies which can drain you of cash overseas and insurance provides you with peace of mind as well. Another good option is to travel with travelers checks. If your travelers checks get stolen or lost, your company or bank will often replace them for you. Of course, make sure you check the replacement policy to ensure your bank offers this type of protection.
If you are overseas with no insurance and find yourself stuck, hopefully you’ve read our guide to travel emergency cash. If you haven’t, keep in mind that you can often get a credit card cash advance or online payday advance, even overseas. Just make sure you use a secure computer to apply and you’ll have cash in no time.…
Big investment mistakes could mean big personal loans, lost cash, and even bankruptcy. Are you making these big mistakes?:
1) Not investing at all or investing too little. This is the most common mistake and one that is easily fixed. If you are worried about risking your money, invest in a low-risk option – such as CDs – but do invest your money so that you will have money in an emergency or in retirement.
2) Not doing research. If you find an investment opportunity, make sure that you research it carefully. Is it legitimate? Where is your money going and can that person or company be trusted? How have other people done with this investment? How much can you expect to make? The more you know, the easier it is to make a good decision.
3) Not considering risk and return. Generally, the higher the risk, the higher the potential return. The smaller the risk, the less cash you stand to make. Consider how comfortable you feel with risk and invest accordingly, or you will either worry a lot or be disappointed by small returns.
4) Not diversifying. If you have only stocks, you will feel panic when the stock market is suddenly shaky. To protect your money, invest in a few things – stocks, retirement funds, and CDs, for example. Make sure that you have some higher-risk investments and some surer, lower-risk investments as well.…