The Best Way to Get Financial Aid For Stay at Home Moms

Being a mom or becoming a mom is a tough job. I think it is the toughest job in my book. As a man I think a lot of things would be different for me if I was to have to worry about carrying a baby for nine months and then having to take care of it while still having to earn money.

I personally wish every woman who wants to have a family should receive financial independence. This way they will not have to be locked down by many aspects of life which involves money.

Money is a creation and the family is real. Being able to create something that is real should outweigh the many false creations out there. For some reason it seems the fake creations are more important these days. We learn from an early age we should get a job to support ourselves and the family.

Are we taught to get a job? Is it something we are naturally thinking about before we are taught that. I think many people naturally think about being married and having kids first. For some reason those dreams change or become pushed back due to financial reasons. The job has taken over our thinking instead of what is in the hearts of many of us.

Our thinking is developed through the people we meet, schools we attend, friends we make, what we read, what we watch on TV, etc. For some reason what is truly embedded in what we want in life gets brainwashed a little bit.

We get convinced into thinking we can get to becoming a dad or mom later on in life even though, at least in my mind, it should be ahead of everything else we want in life. Having that strong foundation kind of makes everything else better. You have that feeling something is missing without that strong foundation. We might replace that foundation with bad relationships, drugs, alcohol, working a lot, etc.

Obviously the way society is set up now we need money to survive with. Making money online has allowed people to spend more time with family and friends and live a much better lifestyle than a typical 9-5 work style where you end up hating to get out of bed in the morning.

If you enjoy taking surveys online, creating a home business for yourself is not as hard you may think. It will be slow in the beginning but over time you will reap in the rewards by learning the business, reading good articles, and being ethical throughout your work at home career.

Social Security in the 21st Century

Social security is one of the successes gotten by the Americans. The program provides a foundation of economics security for more than 47 million Americans and their families. The reason for the built in protections, we have come close to eliminating poverty among seniors. It also helps in the provision of basic income to millions of families who have suffered the death or disability of a wage earner.

The financial security of social security is very strong. In 2003, it took in the rate of $161 billion more than it paid out in benefits. These programs have the resources to provide benefits for the baby boomers and their children and grandchildren. The security trustees predict that it will pay ever -increasing benefits through at least many more years to come when a surviving baby boomer will be mostly in his/her 80s and 90s. If the US economy long-term growth rate falls to half the level of the past 50 years, the trust fund may be depleted after 2042, but social security payroll taxes alone would still cover benefits worth an estimated $1000 more after inflation than today’s senior receive.

Using less -pessimistic assumptions, the trustees low – cost long term forecast predicts that it will continue to provide each generation of retirees with more generous benefits than their predecessors through the entire 21st century. If social security finances are really in good shape why have so many politicians, policy analysts,and reporters warned us that something must be done to save it? How we have so many Americans become convinced that it won’t be there for them.

Misconceptions about social security are widespread because predictions about the distant future based on multiples assumptions are reported as facts”, frequently distorted,and almost always considered out of context. In addition, some organizations and individuals committed to privatizing it are driven by ideology or hope of profiting from the billions of dollars in investments fees that a privatized system could generate.

The majority of American would be worse off financially under a privatized system, all would be far less secure,and creating a new system would cost trillions of new tax dollars. Therefore, undermining faith in the existing program has been a major strategy private organizations have used to promote their agenda.

This report provides background information on how social security works, explains how it is that Americans can easily afford it in the long run even as our population ages, and points out fundamental problems with proposals to privatize the program.

Finally, it recommends ways we should improve social security to serve Americans better. While we most often see it as a retirement program, 30% of beneficiaries collect survivors of disability insurance. Social security survivors insurance provides benefits to the families of deceased workers, including children under 18, 18 and 19 years -olds in high school, disabled sons or daughters of any age, elderly dependent parents, and surviving spouses who are elderly, disabled, or caring for eligible children.

The social security trust fund & the trustees report is based on the projects of income and expenses of social security for 75 years into the future. The projections require numerous assumptions about birth rates, immigration rates, unemployment, average wages, life expectancy, and the like over. Over 75 years, small differences in assumptions can result in large differences in outcomes. The trustees make three different projections based on different assumptions. These three scenarios are called the low cost, intermediate, and high -cost projections:

The trustees intermediate projection: the trustees intermediate projection predicts that social security payroll taxes will continue to exceed benefits until 2018, and the combination of taxes and interest on the trust fund will cover benefits until 2028.

The trustees low-cost projection with slightly different assumptions predicts that the trust fund will never be exhausted and the program will always have the resources to pay full benefits without any changes in the tax rate or benefit formula.

The Reasons Which Trigger Liability Insurance Extensively

The age that we live in is becoming cognizant enough of their liabilities. Much before the results are out all acts of defence are kept ready. Doctors make it a point to pay huge amounts of money to get them insured as patients can try to make them accountable for careless or malpractice issues. This is very common in case of a liability insurance, patients are ready to file suits against anyone mistake done by them and demand a compensation. It is not only common for doctors but also for the education sector. Many schools adopt safer means to avoid any sort of litigation.

So what is Liability Insurance? The Liability insurance is vital for all the people who can be held legally accountable for the damage to others, especially the doctors and business holders. All these people procure the liability insurance for a coverage in case of a faulty product and cause damage to the buyers or any third party. This covers even if the employee gets injured while carrying out the business procedures.

Liability insurance is of various types and some of them are stated as below:

• Public Liability – It covers an individual, business unit, any incident, a worker- and even the infrastructure for overheads from legal proceedings if one is found accountable for the injury, death, damage…

• Insurance for product liability- This is specifically for businesses units that build the products for sale purpose taking place at the general market. It protects against any litigations which are the result of any sort of injuries or death which are due to the products.

• Indemnity insurance- This offers a protection for a business against any sort of carelessness of claims due to any finances which are the results of a lapse to accomplish.

• Director and officer liability coverage- This is for the business house that comprises of the board of directors to protect them in case the company gets litigated.

• An umbrella liability policy- This policy protects against any disastrous or ruinous loss.

As stated above, we have seen some forms of liability insurance, in brief, now is the time to see what makes them being used so extensively by going through their importance.

Importance

• Having a liability insurance, one gets a cover against a magnitude of litigations which could be in connection with their products and services, harm or damage done to employees, workers any sort of neglect etc. One advantage of having this is an exemption from legal fees and medical expenses as well since it is already taken care of once you buy the insurance policy.

• This kind of cover even protects the expert and skilled people during their business transactions. This policy covers professionals like lawyers, consultants and doctors. This covers also shields as against the heavy losses which are related to damage done to a property, investigation expenses, medical expenses etc.

• This policy even ensures all risks that are related to the employees during their course of employment. In case they suffer from any damages, any sickness due to work, loss of their income while serving, they get a proper disbursement and restoring them in the former state.

So we can state that Liability insurance is a segment of the general insurance related to the risk financing and bought in order to provide protection to the purchaser against any liability risks which are levied by litigations and so it is of utmost importance to be used by all business houses and professionals for a smoother work life.

A Painless Way to Cut Back On Expenses

With the current economic uncertainty, many people are looking for ways to reduce expenses. A relatively painless way to reduce your monthly expenses is to have a second look at the way you’re managing your debt.
Over time, most of us take out a variety of loans for different purposes. These can include things like credit card debt, car loans, home renovation loans and, of course, the mortgage. And if you have more than one loan, you’re most likely paying a different interest rate on each loan. One of the easiest ways to reduce your monthly interest costs is to consolidate your debt at the lowest rate. Typically, your lowest-rate debt will be a loan that is secured by an asset, such as your home.
If you have sufficient equity built up in your home, consider switching to a product that allows you to access your equity, such as a home-equity line-of-credit. Then, use this line of credit to repay your higher-interest loans. In this way, you’ll be bringing all of your debts together into a single account, at a single rate. Some line-of-credit products even allow you to track debts separately within the account so you can continue to keep track of interest costs and repayment separately. Not only will debt-consolidation save you interest but it will make it easier for you to keep track of what you owe and how you’re progressing in paying it down.
Reducing your monthly expenses is one way to deal with economic uncertainty – and it doesn’t have to be painful. By borrowing smarter you can reduce your interest costs and increase your cash flow each month.

What Is a Working Capital Loan for Business?

Some organizations apply for loans to expand the scale of their operations while some businesses apply for loans in order to facilitate smooth running of the organization. This simply implies that these loans are used to cover the day to day activities which is also known as a working capital loan.
Working Capital Loan (WCL)
As each and every business organization incurs expenses in carrying out its day to day operations activities, it is a loan used to cover this aspect of the business. A working capital loan cannot and should not be used for investment purposes such as purchasing fixed assets, investing in marketable securities or any similar venture whose main objective is to advance the overall investment portfolio of the business organization in question based on MAS regulations and guidelines.
Aspects of a WCL
Insufficient Revenue
The main rationale behind the loan is informed by the fact that in many cases, business organizations might not be in a position to generate sufficient revenues to cater for their operational costs on certain months. For instance, company X is able to collect monthly revenue of $15000 but at the same time, its monthly operational expenses is $20000. In such a scenario, company X cannot cater for the cost of its operational expenses solely from its monthly revenue. This clearly illustrates the importance of a WCL in facilitating the smooth running of the business organization.
Cover Fixed Costs
There are several aspects that are deemed operational with respect to the overall functioning of the organization, and as such, can be covered by a working capital loan. These aspects include accounts payable and wages among others. Payment of employee wages especially is an important aspect since it determines the overall motivational level of the employees. Some companies could resort to cutting the salaries of its employees when they don’t have enough cash flow to cover worker’s wages. That could be very detrimental to the performance of the firm as employee motivation would fall, and good people might even quit the company, which are hard to replace. It is in such situations that companies are advised to take a working capital loan.
Other Expenses
Advertising is a key marketing strategy that will determine the overall market performance of the business organization. By funding such important aspects of the business organization, a working capital loan plays a vital role in enhancing the overall performance, continuity and sustainability of the business organization.