you might have noticed that there is a increasing graph of credit card interest rates with respect to time , Most of the experts in this feild have predicted that this is due to the decrement of the plenty fee , most of the credit card companies had been bound with an agreement made in 2006 , the agreement was not to charge more than 12 pound fee for the late and missed repayment penalty fees , this news was a real piece of tention for the Credit Cards companies as they have invested a lot of money in their business and now they have to increase the interest rates to counter this plenty . However , most of the credit card companies have increased their interest rates and consequently the users were in the loss . Now no one compare the interest retes of today with the interest rates which was two years , if you will compare this you will see the dramatic change in the structure aswell as in the amount .
Credit card is always the use of every individual and if kind of things gonna happen again and again then I am sad to say that we have to search for some electronic funding ways . Credit cards have make its demand in almost every region and no one can neglect this thing from its circle .For any customer who is paying their bill in full each month, the rate increase will have no impact, but with many households struggling with increasing financial loans pressures, those who only repay the minimum will be hardest hit.
Archive for April, 2008
Why interest rates on credit cards always seems to be raising ?
Wednesday, April 30th, 2008Buy and sell Houses - How much Monthly you can make ?
Tuesday, April 29th, 2008As kaykizz is the only blog where you find the financial issues and the ways to make more and more money using some business strategy . Today I am going to talk about the Buying and selling of houses , some guys just buy old & new houses and sell them away if the get some profit , Yes ocfource its a nice business , infact you can save a lot of revenue if you have an good eye for buying and selling , all of the thing is dependent on the dealing , if you have nice way of dealing then you can make a lot of profit in s single deal . As I am very interested in this mortgages related business so that I am very exited to have a look on this business , my friend jakson own this business and he offered me to work with him , though I am not free now a days but I shall love to see the whole setup , may be after my education I switch to this business so I need some training before starting this business , its really and awesome chance for me to have a look different ups and downs invloved in this business .
As the property dealing business is always the main interest of every individual , but now a days if you will Sell and rent back your home then its very good according to the financial point of view . If you have some resources and you have a chance to sell house fast with good rates then you should sell it fast because this kind of good deals never comes again and again ,and you should be serious about that issue .Although one do not want to sell his/her home because after passing a lot time in that home your heart never lets you sell it and somehow you develop love for your home , but you should not think like that , because there are a lot of homes where you can develop your interests but the main reason why you are doing this should be accomplished and that is the Revenue , if you can make some good revenue in a deal then go for the deal as this is the unexpected revenue which can be helpful for your financial status .
You can find a lot of resources about this property dealing on different sites , but alway be carefull before giving your personal information on such sites because some dealers in this section are famous for fraud and you can get negative results . The good choice is to search for some forums where you can check manually the reputation of the dealer and the site itself , and then you have the choice which one is to select and which one is to be dropped !
The never Ending Kay’s Financial thoughs!!
Friday, April 25th, 2008Well as you guys know that I love reading and writing financial issues , as I love to invest in real estate , mortgages and other finance related things , for this I believe in taking loan from some banks or other related programs , though this is a very interesting topic but most of the readers and attached peoples with these things are aged and sometime I feel shy because I am just 22 years old and I am providing the direction to the aged people . Well its not surprising at all , if you have some knowledge about something then you must have to spread the world that thing so that this thing flow in the minds and never reach its end , thats the way of successful nations and thats the reason why some people get lead within no time .
If you have some knowledge about something then you should find the way by which you can get benifits from that things you know , for this you need some grooming and ofcource some awereness to different ways of investment . Mortgages,Real esate and other finance related things are always attached with every category man , if you are a business man or you are an engineer , you have to buy some home to live there and for this you must be have some knowledge , so this is the thing which is attaced with every category man .Some guys know a lot about this feild but do not invest in that feild and just they concentrate to their job , I feel pity for those guys because they are rejecting the money which is in their hands , Like I know about real estate things and I have a chance to buy some good home in Real estate area islamabad , having no financial issue i just ignore it without any reason , that is the thing which we shoud not do , we should do a part time business along with our job and we chould not keep our money fixed in banks but we should circulate the money so that after having some circle it may get us benifits , like I buy some flat and after two years span I sell it for almost double price , thats the thing which I got within limited time and without doing any tough job . Some guys are really amazing and they have the guts to turn soil into gold . I am talking about the guys who are experts in this Mortgages & finance industry!
Get yourself save from high interest rates !!
Thursday, April 24th, 2008As now the main problem for most rich people is the high interest rates . Some people don’t invest their money but keep that money in some banks or deposit it in some kind of profit scheme . But the main problem is the interest , bank will charge you a lot of money if you have deposited high amount , so to get yourself save from this bug . there are some techniques , like ,
- Transfer higher-interest balances onto a credit card with a lower interest rate.
- Try to put your money into the back on long term basis , long tern pachage has normally low interest rates .
- Try to transfer your money to Low APR Credit Card , thus it will provide you low interest rate for specified time .
- In case of Shifting your money to some Credit card , don’t shift the money for long term , just look at the APR and shift the money according to the APR status .
I think shifting money to some?best balance transfer credit cards to protect yourself from paying high interests is a good idea , in shifting your money to some Credit card with low APR will save a lot of money and the other advantages of the shifting money to low APR credit cards is that you don’t have any long term subscription and you can have the chance of changing the service if the pervious experience is not that good , but in keeping the money in your bank account and depositing the money for some logn term will limit your access to withdraw the money at the nick of time and you won’t get any profit if you will decide to withdraw the money at the nick of time and all of the previous profit will be waster . So, the perfect idea is to transfer your credit to some CC for some specified time normally one year , try the service as credit questions and answers are available with most merchants and hope you won’t have any problem dealing with this issue .
How to save money while buying a Commercial property ?
Wednesday, April 23rd, 2008Well if you search across the globle then you might see the revolution , there was a time when people was not worried about the property but now everyone is trying got buy some good property , the reason is that if you will buy some good property in these days then there is a caance that you will sell the same property for almost double rates after two or three years .As in UK you will never find cheap property , the rates are talking to sky and ordinary people can’t even think about their own personal home . However if someone got some money to invest in buying some property then there are a lot of way to save your some part of money . Firstly, you have to search for some good agent who can buy good property for you and who has quite good reputation in the market , the first step is to search for some property agents who are commission free so that you can save that money . Next step is to search for comertial property , as commertial property worth rate increases more rapidly as compared to the residential property . Try to search about the geographic location of the property and the different good and bad attached with the property . Don’t ever believe in only one property dealer , search for some other dealers and compare the prices . Sometime dealers seems to play with their clients , so be sarp while dealing .
Subscribe to some online service where you can see the rates of the property auction and other buy and sell rates , you can find such resources on google .Search for the forums,blogs and other sites to get yourself update according to the lattest market rates , the good buyer is the one who knows about the market rates of the thing which he is goung to buy , after that he try to reduce the prices by marketing in one way or other .
The other good idea is to buy some empty land and have construction on it , it can save a lot of your money and the other advantage of this is that you can get a brand new building with your own personal choice . But in the city like UK you will not find the commertial empty plot easily , but nothing is impossible in this world , Striving ..striving and striving can make it possible !
Zong New Marketing Strategy to Promote their product !
Wednesday, April 23rd, 2008I just saw Zong Telecom new Package on their site and I am really shocked to see their new marvelous marketing strategy , they are providing their SIMs for mobile absolutely free of cost even with 50 Rupees balance lol - they are just amazing , I have bought their Sims and now I am enjoying their package . When I bought that connection I were unaware of the hidden charges attached with the connection , on their site they have not mentioned that they will charge the money after every 30 seconds lol - Now I will have to say that they are just amazing in their marketing lol - they are attraction their customers with the new package on which they are offering per 30 second package but a lot of new guys who are buying their connection are unaware about this issue and they are just buying the SIM . So, finally I decided to write a post on this issue , though its seems aukward for us but this seems beautiful for the Zong company lol - I think its their false belief , all the things are in the trust , You can play with the people once but not everytime , because when people know about the real situation then they never trust again and again , and finally you lose your reputation in the market . So, these things should not be neglected ,
- Never try to get oversmart while marketing your product .
- Make your marketing strategy and package planing neat and clean .
- Explain each and every point of the plan clearly .
- Do not put hidden charges .
- Rate plan should be good with respect to the Market
- ?Your main focus should be on attracting people to your service , and permanent users should be your focus .
If you will follow these things then you will never lose your potential in the market and in the result you will get permanent users which will be the real source of income for you .