A Personal Finance Guide

Grocery Shopping With a Price Book

Grocery shopping can be a real pain, these days. There are so many different products to choose from. How do you possibly know if you’re getting a good deal? Well, one way is with a price book.

A price book is nothing more than a pocket-sized notebook that you can take with you to the store. All you need to do is write down those products that you tend to buy on a regular basis and, next to each one, list the best price you’ve paid for that product.

The purpose of a price book is to avoid paying more for less. Many “specials” or “deals” are actually not that special at all. Some are the same as regular price and some are even worse than you usually pay. With a proper book, you’ll be able to spot those issues in a second.

One way to organize a price book is to list each product alphabetically. Another is to list each product in a category, such as baked goods or freezer goods. Some people choose to make books according to the layout of their favorite store, listing aisle 1 items, then aisle 2 items and so on.

There are as many different ways to make a price book as there are people. Your book should work for you. So, arrange it according to however your mind works. It can be as simple or complicated as you want but, as long as the end result works, you’ll find yourself saving money in no time at all.

David Leek has been writing about shopping for the past three years. He also enjoys writing about electronic devices, including how to find a quality touch screen mp3 player and the benefits of a capacitive touch screen.

David Leek

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Hong Kong Banking System

Hong Kong is renowned as an international financial center because of the number of banks that represent the interest of 32 foreign countries. The H. Kong banking and financial services is regulated by the H. Kong Monetary Authority (HKMA). One of the responsibilities of the Hong Kong Monetary Authority is to ensure that the currency of H. Kong is stable against the other world currencies. It is currently pegged to the US dollar.

There are three categories of banks in H. Kong namely the License Banks, Deposit Taking Companies and Restricted License Banks. However, what you have to know about the Hong Kong banking industry is that the license banks are the only ones that are allowed to operate current or saving accounts. Retail banks are task at providing selections of different accounts tiers and services. The savings accounts can be in H. Kong dollars, US dollars or renminbi. Most of the banks in H. Kong allow their customers to link debit card, credit card, cheque, and savings to a master account. What the customers do in most cases is to exchange the minimum deposit to the savings accounts in order to avoid bank serves charges.

When you want to open an account in Hong Kong, there are some retail banks that offer their customers opening forms which you can get easily by downloading from their websites. Different banks have different requirements and criteria when opening a bank account. However, to open a saving or current account in H. Kong banking sector, you require an identification card or passport, application form and you have to provide a proof of H. Kong address. One thing that you have to know is that it is not necessary that you are a resident of H. Kong to open a bank account.

Be su Read the rest of this entry »

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Spend Time on Your Personal Finance Plan

A financ1al plan or strategy to guarantee your future well being is something every working individual should contemplate early in life, but if that luxury has passed many years ago there is still time for you to start NOW.

A financial plan is not a plan or strategy on how to spend our earnings received from working hard for a boss. Ask your self these questions

1 ) What do I think of when thinking about what to do with the income I spend all of my time earning? (Holidays, cars, shopping and NIGHT LIFE)

2 ) What do I think of when thinking about HOW TO improve on my income? Thus improving my quality of life! (Borrowing)

Below is not the answer you should be coming up with!

Quick ways to get what you want!

* Borrow from Dad

* Take out a loan

* Open an account

* Get a Credit Card

These are all EASY ways to get what we want, thus giving us PLEASURE. BUT the after effects are what cause the PAIN. These are quick ways to financial enslavement. The PAIN mentioned here is the pain of handing out ALL your hard earned money, month after month. The best thing to do is to say “No thanks!” to the quick ways of getting what you want and find ways to earn your own money.

The best way is to be an Entrepreneur, looking for and taking advantage of gaps in the market for products or services. Once these have been Isolated, proceed to fill the gap with your expertise and experience in your specific field. The good or bad financial rewards received will be a direct result of the VALUE you provide, so adjust your value and input accordingly.

It would be good for your future financially, to have a well thought out plan of action, with good ideas and strategies to ensure Financial Independen Read the rest of this entry »

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