Obsolescence weights your household finances

A light bulb that looks like incandescents as the sun itself is still shining at the Livermore fire station in California (USA). In fact, it has been on since 1901. Yes, it is a century-old light bulb that accumulates more than 800,000 hours without suffering the age or change of the century. Therefore, it has been more than 110 years old without faltering in its mission and without showing the slightest symptom of fainting. How is it possible if our bulbs do not exceed two years of life and we live in a permanent change and replacement of lights? Well, it is explained with a concept called programmed obsolescence.  

Thus, the centennial bulb of Livermore was manufactured when the industry had not yet realized that if you produce a product and it lasts too long, your factory may be in danger because it meets the need, we will not buy more, right?

That was what eluububó in 1924 a cartel that brought together the leading manufacturers in Europe and the United States. The association decided to agree on the limitation of the life of electric bulbs to 1,000 hours. It is clear that the Livermore bulb is the survivor of an era, right? Its longevity arouses the admiration of many tourists who come to visit it, it is celebrated each of its birthdays in the town and of course, there is a camera that constantly monitors it day and night in case it happens to go out.

Did the great depression of 1929 bring us obsolescence?

Did the great depression of 1929 bring us obsolescence?

But what was only glimpsed in the light bulbs, in the end it ended up invading us in the wake of the Great Depression caused by the crack of the New York Stock Exchange in 1929. To mitigate the problem, it was decided to revive the economy by launching products that, yogurts, they had an expiration date associated with us stranjis.

In this sense, the care and pampering that we dispensed to the object was indifferent. And it did not matter the excessive or moderate use that we could give it. In fact, when a date arrived, suddenly the product began to malfunction or simply died before our eyes without understanding what had happened.

Since then, and especially in recent years, we repair more objects than ever and even share with them as soon as we realize that acquiring a new one is almost more economically acceptable than facing a repair of an object that begins to collect ailments. Because how many times have we heard that ‘it is more expensive to fix it than buying a new one. And with the points you have … ‘Well, we have already fallen into the trap of obsolescence.

Could a refrigerator last us 70 or 80 years?

Could a refrigerator last us 70 or 80 years?

In this sense, Benito Muros has insisted on taking the witness of the Livermore bulb and has created what he has baptized as the eternal bulb, capable of lasting one hundred years.

But Muros has a first, because according to this expert committed to changing a polluting economy and drowning our pockets, if the old refrigerators resisted the three decades of the current, the current, thanks to the technology and without the presence of programmed obsolescence, could remain at the foot of the canyon for 70 or 80 years.

Surely more than one pulls his hair before such a statement, especially if he has just left an expensive repair for which he has even had to apply for an online loan like the ones we grant in our Good Finance comparator. Although perhaps he has opted for the purchase of a new tired of facing a rosary of arrangements.

Prohibited in France since 2015

Prohibited in France since 2015

However, there are countries like France determined to raise planned obsolescence to the same category of deceptive business practice. Therefore, she is punished with two years in prison and fines of up to 300,000 euros, in addition to discrediting the brand before the public.

The perceived obsolescence

The perceived obsolescence

But programmed obsolescence does not walk alone, because for some time it has been accompanied by a friend and is called perceived obsolescence. And what is it? Well, it is nothing more than that craze for acquiring the most cutting-edge products on the market periodically only because we consider that ours have already been outdated and surpassed by the new scarfs.

Therefore, we need to consume the latest, although little or nothing gives us your purchase, does a camera with more pixels, a screen with more resolution or a device that you can dive into the sea improve your lifetime? Does that justify the disbursement and withdrawal of an object in perfect conditions of use? No, of course not, but we think that it is necessary to go through the ring because it will contribute to improve our ‘technological’ quality of life.

Borrow money for making your own house more sustainable

Borrowing money is made easier by various Dutch banks to enable homeowners to make their homes more sustainable. The Dutch government wants to get rid of all households by 2050. This often requires a substantial investment that cannot be borne financially by all households. Then borrowing money is a good option.

Borrowing money makes initial adjustments to a sustainable home possible

Borrowing money makes initial adjustments to a sustainable home possible

The money that homeowners can borrow more easily makes it possible to pay for the first adjustments, such as the costs of insulating a house. This often requires substantial investments. Replacing the central heating boiler with a heat pump, or purchasing solar panels, for example, quickly add up to thousands of euros.

The costs for making an average home fully sustainable are often a lot higher than ten thousand euros. Making a terraced house fully sustainable in the 1970s, for example, quickly costs between fifteen and thirty thousand euros.

Making the house more energy efficient: various financing options

Making the house more energy efficient: various financing options

There are various financing options to make your house more energy efficient. We list them for you.

Co-finance in your mortgage

Co-finance in your mortgage

Various mortgage lenders offer the possibility to co-finance energy-saving measures in the mortgage; home buyers who want to become more sustainable can borrow up to 106% of the home value. Examples of energy-saving measures are: HR boiler, heat pump, solar water heater, roof and floor insulation and HR ++ glazing. The bank places the extra mortgage amount in a deposit and checks whether you actually spend the loan amount on energy-saving measures. In addition, the bank will ask you for purchase invoices.

In addition, there are administrative costs associated with changing an existing mortgage. This discourages many homeowners from taking the first step. A mortgage advice interview often costs around a thousand euros.

Are you buying a house and want to invest in energy-saving measures or are you buying a house that is already energy efficient? Then you can take out a higher mortgage with most lenders. This extra amount then comes on top of the maximum mortgage that is based on your income. For investments that still have to be made, you can borrow a maximum of 9,000 euros.

Due to the limited extra loan amount and additional administrative costs if you are already a homeowner, taking out a personal loan may be a more interesting option.

Benefits personal loan versus sustainability loan

Benefits personal loan versus sustainability loan

You can request a sustainability loan through the municipality. This is a loan with which you can finance energy-saving measures at your home under certain conditions. However, the disadvantage is that not every municipality or province has a sustainability loan. In that case, a personal loan is an attractive alternative.

Benefits personal loan

  • Shorter term than a second mortgage
  • Tax-deductible
  • Interest and duration are fixed in advance
  • No additional administrative costs such as notary fees etc.

Withdrawing Money Abroad With Your Credit Card?

You will soon be on vacation, but don’t feel like taking a large sum of cash with you? No problem, because thanks to your credit card you can also request local currency at an ATM. These tips ensure that you will never be confronted with surprises.

 

1. Which card do you use within the euro zone?

1. Which card do you use within the euro zone?

If you stay within the euro zone, you can also withdraw money for free from many ATMs with your Bancontact / Maestro card. If you use your credit card for this, there are costs associated with that transaction.

However, a credit card can sometimes also be interesting here. The sum that you collect with your credit card is not immediately charged, but only with the later settlement.

 

2. Which card do you use outside the euro zone?

No matter how you approach it: withdrawing money outside the euro zone is always accompanied by extra expenses, both within and outside Europe and with any card. Do you have more than one card? Then it is worthwhile to compare the costs, because they are different for every provider. View which cards are accepted at your destination and use the card that is most economical.

 

3. Consider the benefits of cash

3. Consider the benefits of cash

With your credit card you can pay easily with traders on holiday. But beware: a cost price is also attached to those transactions outside the euro zone. It is therefore best to compare in advance where it is wise to use it and where cash is cheaper. For example, you pay cash for a drink or ice cream, while you pay larger amounts electronically with your credit card. Do you buy expensive products on holiday, such as a camera? Then check whether your credit card offers additional benefits such as insurance for purchased goods. You should also include that argument in your trade-off between withdrawing money or paying electronically.

 

4. Realize your needs in a realistic way

When you withdraw money abroad with your credit card, the cost price is calculated based on the amount requested. It is important to know that these costs are subject to a minimum and maximum amount. If you need 500 euros for a week, it is therefore cheaper to request this amount in one go than in ten withdrawals of 50 euros. So estimate in advance how much money you think you will need, so that you do not pass too often for small amounts along a machine.

 

5. Pay attention to the maximums

5. Pay attention to the maximums

Each credit card has built-in limits, both for the amount that you can withdraw per day and for the maximum credit opening. With the credit cards from Sophia Western you can collect 1,000 euros per 24 hours (up to 600 € for Visa and Mastercard student and up to 1,100 € for Visa Gold and World Travel Mastercard), so that is usually not a major restriction.

The credit opening can in some cases be a point of attention. After all, all transactions are added together for this: money that you collect from a machine and payments with your card, but also when a deposit is secured by the company where you rent a car on holiday. Do you think that the credit opening will not suffice? Then ask your bank to raise the spending limit (subject to acceptance) or transfer money to your credit card account before you leave.

 

6. Be wary of scams

Card swallowed by a vending machine or no money received after you have entered your code? If no error message appears on the screen or something else makes you suspect that you are the victim of an attempted fraud, call the local police immediately and stay close to the machine. Also contact Card Stop directly.

What if I run out of money?

If you are in a situation where you have run out of money, you have to make some very important decisions. Decide if you will inform your family that you have run out of money

Financial problems

cash

Your family cares for you and naturally does not want to see you experiencing difficulties. Some people choose not to tell their family about their financial problems, while others think it is better not to remain silent so that they can get out of the situation together. When you decide to tell your family, make sure you don’t hide anything and show them the entire financial picture so that they can decide how to help.

Understand the importance of budgeting to avoid cash deficits

Understand the importance of budgeting to avoid cash deficits

Cash deficit is when you spend more than you earn. In order to get money shortage, you probably spend less than you spend. You must have a budget in place to avoid a monetary crisis. Many people see the budget as handcuffs, which limits them, but that’s not the case. Budgeting helps you control your costs and savings. Without budgeting, it will be difficult to financially create the future for yourself.

Do not take short-term loans if you do not have income

cash

Something that some people do when they run out of money is to take a quick loan, knowing that they will not be able to repay it. Short-term credit lines are better suited for people in employment who receive a monthly salary or income

Why are you in a cash shortage?

After the emotion of lack of money subsides, think about why it came here. The main reason for running out of money may be due to: either overspending or too much debt to repay. Find out what is the cause and look for a way to keep repeating yourself.

If you think you will be experiencing monetary problems, consider a small quick loan

Those of you who have a steady monthly income but still need quick cash can check out the payday loans lenders offer. Some companies, such as Good Finance, for example, offer a first payday loan with 0% interest for up to 15 days. This is a good opportunity to take advantage of short-term borrowing money to pay off with your next monthly payment.

If you run out of money, don’t panic. Never make extreme decisions – talk, discuss, think, there is always a way to get out of the situation. If you regularly monitor your finances, it will be easy to anticipate such a situation. If there are indeed preconditions for it, do not wait until the last moment. Discuss the situation with your friends, family or lender.

This is how you teach kids about money

Numerous recent economic studies have shown that about 50% of parents avoid talking to their children about money. Economic issues are perceived as unnecessary or too complex for children. However, it should not be that difficult to talk about money. Here are some guidelines for starting a financial discussion with your children and helping them understand the basics of the economy.

Get started early

money

Start guiding your child into a housekeeper at a young age. Take advantage of everyday examples and situations – they make economic themes easier for your child to understand. This way, you can slowly begin to explain even more complicated things, such as long-term savings or the mortgage you need to buy a house. By helping your child understand the laws of the economy at an early age, you will be laying the foundation for learning how to manage your own finances in the future.

Teach the importance of goals and planning

cash

We all know that kids stare at new stuff, whether it’s a pair of sneakers or the latest video game. So why not teach them how to save their own pocket money so they can get the things they want? By explaining to your child the monetary value of goods and working together on how much and how much to save on new goods, you teach your child to value both the purchases themselves and the money they spend.

Explain the principles of the loan

Explain the principles of the loan

Your child probably does not understand the financial responsibilities of your family, such as a mortgage or credit account. So openly explain what these obligations are; If you want to explain to your child how a bank loan works, let them borrow a small amount from them and learn how to repay. For older children, you can add interest, which means adding a little extra to the repayment of the loan.

Play games to build your financial skills together

Games and games that build up your financial skills are a great help for parents who hesitate to talk about money. All kids love to play and have fun, so combine learning economic skills with games like Monopoly or mobile games with a financial theme – these are natural ways to build your child’s skills. Your child’s future is the most important investment of your life. So start using our tips today!

Did our blog post help? Give tips to your friends, and they might also benefit from getting started with a money chat. More stories and tips on our blog!

Quick Payday Loan without proof of income

A trivial accident can get you into unpleasant complications. A crashed car that you need daily to commute to work or as part of a job on behalf of clients needs to be put into operation as quickly as possible.

At best, the insurance company takes over part of the repair costs but does not reimburse them in advance, often it also remains for you to pay the deductible amount. A broken household appliance will complicate normal household care.

Many shops offer hire purchase, but it is necessary to meet the requisites, one of which is proof of income, which can in many cases be an obstacle.

Entrepreneurs often face a shortage of cash, even though they hand in their orders on time and in order

Entrepreneurs often face a shortage of cash, even though they hand in their orders on time and in order

Long due dates and increasing delays in payments from clients put them in an unpleasant situation where they themselves have to pay for rent, electricity, employees’ wages. Waiting for payments leads to gradual indebtedness.

Retail chains and banks offer the purchase of goods in installments and relatively favorable loan conditions. However, mothers on maternity leave are not able to draw advantageous offers from quite simple shortcomings. The same applies to students, pensioners, unemployed, self-employed. Proof of income reserves a large group of applicants and puts them in front of an insurmountable barrier.

We are not trying to capitalize on your disadvantageous situation; on the contrary, we try to offer you services that will fill the gap in the banks’ offer. We offer you an immediate transfer of the amount to your account without having to prove your income and undergo a complicated approval process.

Well-arranged and efficient system

Well-arranged and efficient system

You can deal with the loan application and all other steps with us in peace and comfort from home. You don’t have to go to a branch or arrange a meeting with our banker to influence you and offer other services. You can browse the loan terms and conditions at the Internet. You can use the interactive tool freely.

By changing the required amount of the quick payday loan you will immediately find out the exact amount of installments and their number. You will easily and objectively consider the future burden on your current budget. You better imagine the course and complexity of the subsequent repayment.

Madame Defarge does not charge administration or loan fees. It does not require extra documents and complex paperwork. You will enter the basic data in the form, the authorization sms will confirm your identity and the approval system will send you information in a matter of minutes. In most cases, the positive settlement of the loan. The money transfer takes place at the same time as the contract confirmation.

There is no need to complicate your life through long negotiations and paperwork. That won’t solve your situation. We offer you the ideal option where you will receive the missing amount in a minimum amount of time and focus back on your work or family care.

Safe and reliable action

business loan

You can check the status of your loan at any time in your profile. You can pay the loan early at any time. Again, we will not charge you with additional administration or charge penalties.

From the very beginning we guarantee constant conditions. Same interest, fixed payment schedule. No hidden fees or fines. If your situation is complicated and you are aware that you are unable to make the next installment on time, just contact us. We will take into account your situation and try to find a viable solution by postponing the payment or by proposing a new payment schedule. We will not scare you with reminders or stories about executors. We are here especially for you.

Newspapers also often report the disadvantageous high interest rates associated with a non-bank loan . Sure, a non-bank loan counts on a higher risk and hence a higher rate, but in this case these are small amounts and really short repayment dates. With a simple calculator, you can easily get a result that turns the feared high interest into an acceptable amount that will make full use of the speed and availability of the loan.

Help from an unpleasant situation

payday loan

A quick payday loan without proof of income is designed as immediate assistance in an unpleasant life situation. It will give you time to pay off your acute debts, balance your home budget and gradually repay the loan with minimal burden. We believe that you are applying for a loan after careful consideration.

Loan does not mean personal failure or inability to budget. Keeping sufficient financial reserve for sudden cases is a good advice of experts. However, from our own professional practice, we can assure you that it is a difficult mission for an average-income family. Housing costs, food prices and services continue to rise, and even a relatively small expenditure on tuition fees, utilities, equipment can uncomfortably move with the current budget.

There are many problems that will confront you with an acute lack of finances and there is no point in naming them. The important thing is to find a solution how to quickly pay off the receivables and avoid penalties for delay, restrictions on the use of services or even loss of reputation.

Even so, we would like to remind you that buying luxury gifts, expensive equipment or exotic holidays is better to solve after careful consideration and with the amount you save in advance. Without sufficient sustained income and high spending, a hasty purchase can later put you in an unpleasant situation.

Fast Online Payday Loan

Speed ​​plays an important role in our lives. Few people have enough time to wait for something. The same is true for a loan. Basically, you have two options. Either go to the bank personally, stand the line and respect working hours, or make coffee at home and borrow online .

Of course, it is up to you which option you choose. If you prefer a quick home loan, you can have your money in your account really fast.

 

Payday loan

Payday loan

You know it, until the paycheck far, but the money on your account is already slowly thinning. Some months are simply weaker, more spending and maybe even lower salary due to illness. It is important to be able to find a suitable way to solve this situation. If you need money today, the easiest option is to turn to a non-banking company and apply for a payday loan.

This product is one of the most demanded in the portfolio of domestic non-banking companies. Clients can thus obtain the necessary financial injections before they receive the payment to their account, from which they subsequently repay their obligations. This type of loan will help you when you need it most. Without unnecessary delays, you can quickly and easily obtain the necessary sum of money. And without having to go anywhere.

 

What are the main advantages of online loans?

advantages of online loans?

Fast non-bank loans have a number of advantages that make it worth considering. First of all, they are quick loans, which can be settled in a short time from the comfort of home without having to go anywhere. So there is no commuting or waiting in queues before you turn.

Another indisputable advantage is the fact that unnecessary paperwork and administration are virtually eliminated. These are low loans of up to CZK 15,000 . While you can get a loan very quickly, you also have to reckon with repayment in a relatively short time.

 

Loans really for everyone

Loans really for everyone

Indeed, some non-banking companies state that loans are intended for everyone, regardless of income and entry in the debtors’ register. However, it is important to think about how much you will be able to repay.

Therefore, more solid firms have taken moral lending and lend only to people who have at least some income. On the other hand, virtually nobody solves the entry in the register of debtors. This information is not important.

The Good Finance card, if they steal you, they solve it with a call

As we know that choosing a credit card is not an easy matter since it is almost, almost like choosing a sentimental partner, but a couple that has to accompany you in your purchases, from our comparator we have decided to dedicate an article to the presentation of Good Finance.

Thus, we will make you aware of its advantages and everything necessary to hire it. In this way you can decide if this credit card is definitely what you were looking for or passwords and continue to investigate the card market.

What does the Good Finance credit card offer you?

What does the Good Finance credit card offer you?

The advantages of this card do not look bad and, to top it all, we can enjoy all of them without having to change banks:

  • There is no annual payment. Therefore, card maintenance is free.
  • The payment is flexible so the holder can decide how much he wants to pay each month.
  • Of course, it has online banking, the fundamental aspect these days and in which Good Finance has not wanted to be left behind.
  • You have a service that they have named PuenteCash® with which you can transfer cash to your bank account.
  • In addition, you can comfortably withdraw money without having to go around many times because you have at your disposal more than one million ATMs throughout the world. Therefore, surely they have touched you in luck a handful of them very close.

What insurance does the Good Finance card have?

What insurance does the Good Finance card have?

Like any good card, Good Finance offers you a good insurance team so you can explain yourself without worries either on a trip to Corfu or on your online purchases. Let’s see how this tranquility takes shape:

  • Purchase protection insurance: Covers most items purchased with your Good credit card. Thus, these products will enjoy protection against theft or accidental damage for a period of up to one hundred days from purchase. Which is not bad at all. Of course, check the conditions carefully to avoid surprises.
  • Accident insurance and 24-hour travel assistance : If you only pay the tickets for that trip that you are looking forward to with the Good Finance credit card, you will have insurance in case of accidents caused by authorized public transportation.
  • Emergency Assistance and travel medical advice service that provides Good Finance card customers with an emergency assistance network, with information on medical and legal services should they need it.

And one more advantage of the Good card, and what an advantage!

Thus, if your worst nightmare (and that of most mortals) is that you lose your wallet or simply lose it with all its content, Good Finance has come up with a solution that is not to catch the thief or organize a search from your wallet, the truth is that it looks a lot like it. Specifically, it offers you an invaluable service because with a single free call, the lost cards will be canceled and your immediate replacement will be requested. In addition, you can do it at any time and regardless of the country.

Therefore, take note of this Card Protection Plan that can save you from a fat woman.

Of course, Good Finance also gives you a loan.

There are more aspects to review on this card, as credit is also part of its characteristics:

  • It gives you back 1% of the amount of your purchases.
  • At your disposal you will have up to 5000 ¤ of credit, in addition to being able to choose the payment method that best suits your needs.
  • Nominal interest rate (TIN): 19%.

What conditions must you meet to apply for the Good Finance card?

cash

If you have already fallen in love until the barriers of the enormous possibilities and benefits associated with this credit card, we will tell you what you need to start the procedures for your application:

  • ¤ 12,000 per year. What do you think? Do you fail in this? If everything is correct, we move on.
  • The applicant must be between the ages of 22 and 65.
  • The DNI or NIE, if applicable, must be in force.
  • Your place of residence must be Spain
  • Nor can you request it if you are registered in the delinquent registry as ASNEF / EQUIFAX.

Where can I apply for the Good Finance credit card?

Where can I apply for the Good Finance credit card?

Once you have checked that you enter the profile described, you will not have to inquire too much, because you can order it right here, in our credit card comparator. In this sense, more than 40,000 customers have already accessed Good Finance from our website to collect more information or request the card.

In addition, if you consult our website you will be able to read the numerous comments and opinions in this regard that customers have left. The truth is that most of them have been satisfied with the experience of Good Finance and their comments are positive. However, we encourage you to read them and therefore extract more information about your credit card experience.