Does Social Media Help In Getting An Auto Loan?

We live in a world dominated by technology and social media. Whether they are your shared posts, status or your connections, social media platforms play a key role in carving your virtual personality. A well-known fact is that technology is an inevitable yet an integral part of our lives. When it comes to financing your car, social media is building its way and becoming a relevant medium of profiling. For instance, John walked into a dealership to purchase and obtain financing for a car. The quickest and easiest way to search for a tentative background of John would be to get a grasp of his personality on the basis of his behavior on Facebook and Twitter account, respectively. Currently, a small percentage of lenders use social media for judging an individual’s creditworthiness. However, the developing presence of social media is gaining mind share of the lenders.

Can Social Media help in ascertaining the Creditworthiness of an individual?

1) Facebook can build your Credit Circle

The very essence of Facebook lies in networking. A creditworthy profile does not require millions of posts or many friends. However, if you have a genuine profile and do not pose any abnormal social behavior, your profile is likely to get approved for an auto loan. Additionally, the presence of certain contacts in your friend list with a clean history and a strong credit score further add to your creditworthiness. Lenders can look for mutual contacts that have been previous customers. The payment history of the mutual contact can then be used as a basis to judge your creditworthiness. In order to get the most out of your circle, seek a person with a good credit score and make him a cosigner and your auto loan process will become smooth.

2) With LinkedIn, lenders can check your Employment Stability

A stable employment speaks volumes about your personality and trustworthiness. LinkedIn can serve as the best source of obtaining information regarding your job history, duration, professional position and interests. The documentation of an auto loan requires you to display evidence of a source of income through pay stubs. However, there is less proof one can gather regarding the stability of employment. Social media can become a tool to ascertain not only if there is job-hopping, but also the financial strength of the individual. A person with a 500+ connections, long duration of employment history and a considerable profile activity can become a favorable applicant in the eyes of the lender.

Buying a Car: Making the Most of your Social Media Profile

Social media has made its way into the minds of auto buyers as well as lenders. As primary sources of guides, nothing comes above your credit score, current income status and payment history. However, virtual platforms such as Facebook and LinkedIn are starting to occupy mind share in terms of creditworthiness. Once the primary sources of information seem insufficient, lenders may turn to social media to get an idea of your personality. A few helpful ways to make sure your social media positively adds to your credit score is to be careful with your online posts, invite only genuine friends into your virtual circle and to always keep your professional profiles updated.

Sip Calculator Magnetizing The Investors Towards Online Investing

Online investing option has reached to a higher level with the introduction of SIP calculator. Making the calculation of SIP amount easy, the tool is handy to use as well. Let us understand the concept of SIP calculator with a story. There were two friends Yash and Rohan. Both had passed out college and were placed in MNCs. With the commencement of their career, they took a resolution of initiating their investment also. Yash was very trendy, and new technologies magnetized him. On the contrary, Rohan was simple and was not much of a techie. As both of them decided to invest, Yash did all the research online and also prompted Rohan to take up the online investment method. But, as for Rohan, it was not his area of expertise. So, Rohan relied on the mutual fund agent, and Yash went for online investing. When it came to deciding the amount to invest as SIP monthly both were confused. Yash took the help of an SIP calculator, and Rohan trusted the agent. But, the outcome was that Yash got the exact amount required for investment and the agent failed to calculate the precise amount and thus took an approx figure. Thus, for the same scheme Yash paid the correct amount that was required and Rohan had to pay a little more due to the inaccuracy of calculations.

The story signifies the importance of SIP calculator in the investing process, because the amount of SIP decides the corpus (the main aim of investing). Especially in the online investing the role of an SIP calculator is of vital importance. The investor advances towards being free in order to make the optimal use of their money. SIP calculator acts as a catalyst in aggravating the process investment through proper channel.

Features of an SIP calculator:-

There are a lot of features which motivates an online investor to use SIP calculator. A few amongst them are stated below:

Easy to use:

SIP calculator is an easy tool to operate on. The user-friendly approach is the striking feature of the tool. Providing an environment of smooth functioning and quick calculations, an SIP calculator in India is making online investments attain new heights with each passing day. The main reason of the increasing inclination towards online investment is the handy tool (SIP calculator), which ease out the complex calculations manifolds.

Using CAGR:

SIP calculator uses the formula of CAGR (Compound Annual Growth Rate) to calculate the returns. CAGR is the most widely accepted concept for the growth calculation of investment over a period extending one year. The calculation of CAGR is very complex and not beyond the grasping power of non-financial people. It is a mind wrecking concept and takes time to understand. But you need not worry. The CAGR calculation is simplified with the help of SIP return calculator. Paving the way for quick and easy calculations, SIP return calculator has become a defining point of online investment.

Targeting accuracy:

The goal of an SIP calculator is to provide results that are 100% accurate. But, it works on the inputs that are fed to it. Any mistake in the input data leads to an erroneous result. Otherwise, the result shows the exact and accurate outcome without the mistake of a decimal place. A perfection of that level is surely a strong feature of SIP return calculator.

Judge Some Facts Before Exchanging The Money

When you will go traveling, then you have to take the things, which you will need in that place. It is necessary because you will not get the facilities of your home there and you have to be prepared for every situation. But when the matter comes to the visiting of a foreign country, then apart from our excitement we have to think about the thing first is the money. As all of us know that there is variety in the currency of different place. So, we must take the proper currency of that place as we cannot do anything without it. There are some methods, by which you can exchange the money, like the banks, the ATMs or from some brokers.
The banks are the most reliable medium for exchanging the money. You can be assured by the fact that you will get the service authentically. They will systematically exchange the currency and you don’t have to think about it. You can also convert it from the banks of that place also. You will get the same reliable service. But as you are going to a public sector, then it will take some time and you have to wait for it. So, if you don’t have the time to wait there, then you will face difficulty by exchanging through the banks. The banks also charge high rates for converting the money, then it can be expensive for you.
You can take the money from the ATMs also. It is the most convenient medium for getting your cash, as you yourself will draw the money and you don’t have to depend on someone for this. So, you can take the money whenever you needed and it is the fastest service. But there I also the problem, as the ATMs charge a very high price for drawing the money. It will become more expensive for you as you have to pay more than the normal transaction. If you think that you will get the money at a time, then also it will not be safe for you to carry so much money to an unknown place. But with every transaction, you have to pay the charge.
When you will try to go some brokers for Cash Exchange, then it becomes easy for you as you can get the money by sitting at your home. You can do it by online and the agent will come to your home and will take the money from you and will also return it within the given time. It can be a suitable option for you as you don’t have to do anything for the exchanging the cash. But there also can be a problem as the matter is about your money, then you have to be a little careful and have to know about the broker and the agent, who will be the medium of transaction. If they are not reliable enough, then your money will not be safe enough. There is also the matter of the false currency as it has happened in the services like Australian Currency Exchange. So, be careful about every facet of exchanging your money so that you don’t have to waste your money in the wrong place.

The DNA Household Finances Strategy

Today, Canadians continue to rack up debt at an alarming rate. Canadians are proud that we rode out the recession with minimal damage. We forget that it left us unscathed, mainly because we borrowed and spent our way through it. Most countries reduced household spending and increased savings.

Canada’s household debt at an astounding 153 percent of disposable income is headed for the tipping point of 160 percent that the United States personal disposable income hit before its crisis, over three years ago. Interestingly, these days, Bank of Canada Governor Mark Carney, and Finance Minister Jim Flaherty are hoisting red flags about household debt, signaling that it is a huge risk to the financial system. However, they are part of the problem, and so consumers are not listening to them. Why should they? It is Canada’s record low-interest rate policy that is driving consumers to spend recklessly.

Sixty percent of Canadians polled recently by indicate that they are uncomfortable with their current debt level. A majority of the 2,929 respondents cited everyday expenses for their debt. Canadians continue to deflect responsibility for their decisions to credit, financial institutions, everywhere.

Mortgage rates are low and fueling excessive spending on residential homes. Average housing prices at twelve-times disposable income concerns me. In the previous housing crisis in the late 1980s, it was ten-times. What’s more, at the end of 2011, residential housing investment as a percentage of GDP was 7%, the same level as in the 1980s crisis; the 50 year average is 5.8%. In the U.S., in the mid 2000s, this ratio peaked about 6 percent, and housing crashed shortly after. As well, Japan’s housing market collapsed just after that ratio peaked in the 1980s. Will things be different here? I do not think so.

Many households are at risk, but few are doing anything about it. Still, they buy homes and consumer items with cheap credit. I suggest households embrace this DNA Household Strategy as the first step in behavior adjustment, before Canada’s impending personal financial crisis wallops many individuals.

Individuals in each household needs to declare detente, withdraw to the neutral zone, and then start to attack their debts.


Detente is the easing of hostility or strained relations, especially between countries. How does this apply to households? With whom do they have hostilities or strained relations? Individuals in households confront personal lifestyle choices daily. Cheap credit, seductive finances, fancy grown-up toys, tempt us continually. How can we resist unless we recognize this, and plan to deal with it?

That’s why I suggest each person should stand in front of a mirror to declare detente with him, her…you! You the spendthrift, you the impulsive buyer, you who like grown-up toys decide to stop hostilities against your credit. Stop it now! Agree to end the pulling and tugging, which credit wins every time.

Formalize this decision by signing a covenant indicating that for at least one year, you will refrain from using credit cards, credit lines; all credit forms. As well, agree not to buy consumer items unless you need them to fulfill a legal, moral, ethical, or health reason. Get a trusted friend to witness this agreement, and to hold you accountable to stay with it. This is the start of detente.

Neutral Zone

After signing this covenant, withdraw to the neutral zone to develop a new approach to lifestyle choices. First, cut up all credit cards and decide to start working with a spending plan. Next, resolve to use cash or checks only, and then, exclusively for items in your budget. In the neutral zone, you do not go shopping, respond to sales, deals, or tempting financing. When the urge to spend impulsively comes, read your detente statement, which you should have with you always. Remain in the neutral zone until you repay all consumer debts, and lower your mortgage to a comfortable level.


The third plank of the DNA strategy is the attack phase: start attacking your debts. First, prepare a debt repayment schedule, next, a material worth statement, and then, a plan to use to talk with your creditors.

A debt repayment schedule, as the name implies, lists your debts and shows this information: Amounts owing, creditors, interest rates, monthly, twice weekly, or other payment period, and expected dates when at current repayment, you will repay each debt.

Your material worth statement, akin to a balance sheet, lists all items you own at values someone would pay for each (market value), less your debts, to yield your net equity. Review this statement to see whether you could sell items to lower debts. You might conclude that you should sell your house to lower your debts and ongoing expenses and rent until your circumstances improved. These are major decisions. Discuss them with a trusted independent advisor; pray about them. Remember, you got in debt over an extended period, and so it is likely that you will get out over a long stretch. That’s why you must forget the home run, be patient, and stay with the program.

After doing these statements and your budget, you will know your financial health and will be ready to talk with your creditors about relief. Be humble, polite, and realistic. Financial institutions prefer dealing with you instead of debt collection agencies. If you are sincere, truthful, and have a well-thought-out plan washed in prayer, they are likely to give some relief on interest rates or amounts outstanding; most likely, interest rates.

Top 6 Advantages Of Student Loans

It is just a common myth that only the federal loans provided by the UK government are cheaper and easier to repay than the student finance options provided by the private direct lenders. However, if you see the APR and repayment modes, then you come to know that private student loans are the clear winner! Let’s have a quick look at the top 6 advantages of education funds offered by the direct lending companies:

Borrow Short-Term and Long-Term Funds

Whether you are looking for a big amount to complete the higher education course, or need short-term funds, to give just hostel and tuition fees; both options are easily available and you can access the required funds in less than 24 hours without facing any hurdles. You can ask the lender to transfer funds directly to your bank account or deliver to your doorstep.

No Documentation to Waste your Time

The time of a student is very precious and instead of taking stress about the cash, he should focus on studies. Direct lending companies know the importance of young generation in the development of the UK and hence they offer paper free student loans plans. You are not required to submit your last class mark sheet or the address proof.

Apply Online in Just 2 Minutes

You don’t have to bunk classes or take leaves from the college, just open your laptop or smartphone and apply for the student finance loans on any reliable direct lending website. You would need just 2 minutes to complete the online application procedure. No hard copies or soft copies are required.

Avail Funds with No Guarantor

Students don’t have a big network to arrange a guarantor. They are dedicated towards their studies and interact less with people. Arranging a guarantor is an embarrassing task for them as people are not ready to co-sign their application. They can easily access student education loans with no guarantor and no broker by applying to a reliable direct lender.

No Hurdle of Bad Credit History

Some students have bad credit issues due to pending credit card bills or some other reasons. Banks and conventional lending companies don’t entertain their funding requests. However, they can easily secure the cash by applying student loans to a bad-credit friendly lender. There are no hidden charges. You can compare various deals and grab the best one with the lowest APR.

Easy and Flexible Repayment Modes

Everybody knows that a student can’t repay funds during his education time. He doesn’t have a steady source of income. Direct lenders offer various student repayment plans that can be chosen as per comfort. You can either start repaying in installments from the next month or repay the total debt in instalments after completing your education.

Lead You To The Authentic Zone Of Money Transfer

If you have an international business and you have to move to many countries for the purpose it is the urgent requirement to find a reliable and efficient money transfer service. Business with any other country will require a resourceful money transfer. This transfer should be fast efficient and safe. Your trade shouldn’t be forced by the variation in exchange rates either. For all these reasons, it is prudent to take the assistance of International money transfer Services available. It will be better to find the reputed and quality one on the internet. It is an internet era and you get different types of information on the internet.
Process Involved
This service helps you find a provider that you are comfortable with. After you decide on the money exchange provider you will need to complete some forms. Once you have established contact, you will be informed about the rules, terms and conditions involved with a deal. Finally, you will be asked to complete some forms to set up your account. You can fix a standard rate for your exchange as well. The whole process is hassle free and once you learn how to go about it, the upcoming transactions will be smooth, effortless and quick.
Exchange Rates
When you wish the inexpensive currency transfer to be done, you should be careful about the rate you choose. With large amount of money a little change can make a big variation for your commerce. When you transfer your money to a bank, they will transfer it at a great exchange rate that you are happy with on the day you have mentioned. Exchange rates promised may differ between agencies that are why you should be careful while choosing one.
Staying in the circle
Most good free currency transfer companies will make sure you are kept in the circle about where your money is. When the transaction is being made, you will be sent a verification message and sometimes even a message. You will be consulted before and after the deal, which assures that nothing can go wrong with the deal. This feature gives you more control over your money.
Expediency and safety
Foreign Exchange is a very expedient way of sending money across countries. When you choose a reliable company, along with good customer service, you will also safer transferring your money. This service is as useful for the common man as it is for businesses. Having an overseas exchange agent working for you is an immense way of saving money. In some websites, you get to check the exchanging rates promised before you sign in to transfer money. This makes it easy for you to select the best in the record.
Currency Exchange near me, this thought is quite wise and intelligent as there is lower risk for the safety of your cash. If you are in Adelaide, you can find a good currency exchange company that has a strong team for a powerful deal of money transaction. A reputed and trustworthy company always offers the better rates and a higher security.

God’s Ministers – Our Responsibility

I’m running with a very “different” crowd of friends these days…and it’s
changing my life.

Some of my new friends have no homes.

Some of them have no transportation.

Others are taking in widows and orphans with no clue as to how their needs
will be met…but they invite them in anyway.

Some of them are in third world nations while others are living out of RV’s
and cars packed full of everything they can carry, criss-crossing the good
ol’ USA.

Some live this way every day because it’s the best their government will allow
them. Others live this way by choice and are traveling with the bare minimum
out of necessity.

Some are so accustomed to doing without that, when given the chance to
request a blessing, their response is, “God is my Provider.” One might humbly
ask for a shirt. Others are “forced” to ask for money because they’ve just spent
hundreds of dollars on gasoline and were “blessed” with a mere $50 love offering
after they spoke.

As for me, I’m helping in very way I can. I know it isn’t much but little IS much
in the hands of God. I send eMail messages and make phone calls. My wife,
Barbara, and I – inspired by the example of others – now open our home for these
traveling ministers as they pass through. We’ve dedicated our home to the
Kingdom and that’s what we’re feeling led to do. I mentor others by eMail,
website and telephone as well. I mention that because it’s not only money
these people need. In some cases, however, it’s all we can do for them from so
far away.


It seems a shame to me that a minister should have to pass the plate after he
preaches and hope that his brothers and sisters will give him enough money
to fix their car’s air conditioner as they travel through America’s desert Southwest
(there’s a traveling family staying in our home right now in this exact situation;
last winter, a couple had trouble with their heater as they parked in a WalMart
parking lot, cranking the engine all night long to stay warm).

I don’t recall the apostle Paul ever requesting finances for himself – even though
he gave his stamp of approval for a person to make their living off the Gospel.
I could never understand why a man wouldn’t make his needs known to his
Church and expect to be “sent out” (the word “apostle” actually means
“sent one”). Better yet, The Church should simply KNOW that these people
would have needs and sow into their lives accordingly.


So, what is OUR responsibility toward those who have laid it all down” for the
cause of Christ? What are we supposed to do as part of The Body of Christ?
Whether it’s a new set of tires, assistance in feeding a man’s family, Bibles or
funds to provide for an orphanage in a war-torn country, or a motorbike to
increase a minister’s efficiency as he tends to the needs of people 15 miles
around on hilly terrain, what role are we supposed to play?

My contention is that, once a minister makes his needs known, or once a need
is perceived by those who are listening to the Holy Spirit, someone needs to
write a check.

Simple enough? It’s not our money anyway. I often hear the excuse, “Yes,
Michael, but aren’t we supposed to be good stewards of what God gives us?
What if he’s a scam artist?” Such cynical comments are inspired of the devil!
I find it amazing how we can spend an average of $80 each time we take a trip
to the mall, “stewarding” God’s money in the most wasteful manner, yet
arriving at all kinds of clever, even spiritual-sounding excuses where advancing
the cause of Christ is concerned. Some of these traveling ministers are being
forced OUT of the ministry and into getting secular jobs simply because The
Church has failed to support the ministries God has given them. Ministry in one’s
workplace can be a very good thing – and these ministers WILL take advantage
of every opportunity – but ‘good’ is the enemy of ‘best.’


Sure, there are hucksters and scammers and charlatans in every field. Always
will be. We’ve got to take the good along with the bad. Once again, whose job
is it to whip out the Flesh-O-Meter and determine who is carnally-minded and
who is being led by the Spirit? Will we use that same Flesh-O-Meter on
ourselves? How about using it on the preacher at our own Church? The choir?
How about those who toss a bit of money in the offering plate – are they giving
in the flesh or by the Spirit?

What we do with God’s money is between us and God. What the receiver does
with God’s money is between HIM and God. Whether they buy a bottle of booze
or a bottle of formula to feed an orphan, it’s not our concern. Many who have
given to some of the most high-profile, polished ministries in America were
ripped-off. How do we know that our favorite preacher isn’t a closet drunk,
a porn addict or a gambling addict? We don’t. God does and He is well able to
deal with His misbehaving kids.

The book of 1 Samuel 16:7 says, “Man looks at the outside but God looks
at the heart.” God is so much more concerned with our character than our
comfort. His goal is to conform us to the image of His Son. We who live life in
these earth suits tend to judge everything according to our five senses. That’s
why we are to walk by faith and not by sight; we are so easily deceived by that
which sparkles. A baby will more readily play with a few shining dimes than a
crumpled old $100 bill.


It’s time we, The Church, recognize the error of our ways and repent. It’s time to
grow up where our giving is concerned. We can waste our money buying
playground equipment, paving church parking lots and buying gargoyles for the
cathedral, or we can follow the admonition of 3 John 5-8 (AMP) which says,
“Beloved, it is a fine and faithful work that you are doing when you give any
service to the [Christian] brethren, and [especially when they are] strangers.
They have testified before the church of your love and friendship. You will do
well to forward them on their journey [and you will please do so] in a way
worthy of God’s [service]. For these [traveling missionaries] have gone out for
the Name’s sake (for His sake) and are accepting nothing from the Gentiles (the

heathen, the non-Israelites). So we ourselves ought to support such people
[to welcome and provide for them], in order that we may be fellow workers in
the Truth (the whole Gospel) and cooperate with its teachers.”

Read that again.

Must so many toiling ministers always come with their hat in their hand? Should a
man of God be so concerned with buying food for his children while he’s trying to
minister to others? Are we, The Body of Christ, able to obey the Head – Jesus
Himself – and simply respond when they make their needs known? HINT: They
have MANY needs. Rather than wait for them to ask, are we able to simply glance
at their itinerary, or their list of needs, and send them money they need?

Friends, it’s time that we matured where our giving to the work of The Church
is concerned. We’ve all been impacted by the shyster-ministers and are fed-up
with money-grubbing televangelists. But we mustn’t let the few bad apples
spoil the whole bunch. That’s exactly what Satan intended. Too many of us
have fallen for his deceptive scheme and are, instead, sowing God’s money into
buying all kinds of other things that moths and rust will destroy while we, at
best, toss a few bucks in the direction of God’s Kingdom.

If YOU would be interested in helping some truly committed, downright awe-
inspiring people as their needs arise, send me an eMail with the word “CASH”
in the SUBJECT Bar and I’ll keep you posted when needs arise. In each case,
these will be people with whom either myself or a friend in ministry have a
relationship on some level. That should put many minds at ease.

Thank you in advance for giving to the Lord. That’s exactly Who you’re giving TO.

I like this translation from The Message, Matthew 25:37-40: “‘Master, what are
you talking about? When did we ever see you hungry and feed you, thirsty and
give you a drink? And when did we ever see you sick or in prison and come to
you?’ Then the King will say, ‘I’m telling the solemn truth: Whenever you did one
of these things to someone overlooked or ignored, that was me–you did it to me.’”

Finance and the Spanish Property Market

We hear it every day about how property prices have dived and how repossessions are at their highest for years as the so called credit crunch continues to bite us all. But when you look at other countries throughout Europe you see a picture that may be much worse that the UK.

Take Spain for instance that in recent years has relied on foreign investment in second homes from Northern European countries and has seen a high increase in property prices, with the huge demand to have a second home in the sun. The result has seen developments all over Spain which maybe on hindsight has been a bit too optimistic, to go on at a continued rate.

To give and idea of the size of challenge with Spanish property here are some statistics:

Last Year 40% of all real estate agents closed
Property prices are expected to drop by 20% by 2009. (Many believe they already have)
Inflation is now running at 5.1%, compared with the UK at 3.8%
Spanish house sales dropped by over 34% this summer compared to last summer
New mortgages fell by 40%, compared to last year.

It is harder to determine house prices in Spain that other countries due to the process where the true value of a home is not declared at purchase to avoid paying tax on the purchase. Although a legal process it is very common, to the point that most solicitors offer this process.

It is not hard to understand that as many people are finding it harder to afford their first home, and so buying that second home is no longer an option. Even those who would have stretched their budgets, safe in the knowledge that the increase in the property price would be worth the risk, are now more humble about and return from an investment in Spain.

The Finance Minister for Spain has now admitted that they are facing their worse economic crisis ever with the property collapse, many others wonder how Spain ever thought the bubble would continue for ever and questioning why no contingency plan was put in place, or that a reduction in new properties was not planned earlier, at least giving a good chance of ready built homes maintaining their prices.

It is predicted that this current credit crunch will affect Spanish home prices until at least 2010, so new ideas are being considered to try and kick start the mortgage market again, although at this time nothing has been announced.

Although many can see the benefit to kick starting the mortgage industry and there are genuine potential borrowers who want to buy a family home rather than a second one, there are some who would question buying any property where there is no forecast of that homes value increasing, with even the possibility of negative equity.

So it is possible that the absence of mortgage may be protecting some people from buying a property that will just decrease in value, adding more pressure to an already difficult situation.
Of course the bolt on financial organizations are also feeling the squeeze. As homes remain unsold, so do the potential second home insurance policies that would normally be bought to project the investment. The credit card purchase for furniture and other essentials will also remain in the wallet and not deliver interest for banks and organizations.

How To Save Money On Your Two Wheeler Insurance

Tips to save money on two wheeler insurance

Many people in India own two wheelers. It is compulsory for you to buy a two-wheeler insurance policy if you own a bike or a scooter. But can you reduce the insurance expenses? Sure you can! Just follow these tips and you will see a difference.

Avoid making smaller claims: Before you make a claim, see how much the bill amount is. If it is a small amount, pay it yourself. Making numerous small claims will unnecessarily bring down your NCB to zero which will overall lead to a loss.

Attach anti-theft devices: A car insurance plan offers protection against theft and other dangers to the car. So if the car is found to be safe and less susceptible to thefts and break-ins, the insurer will offer a discount on the premium. Therefore look to install some anti-theft devices to the car to not only keep it safe but also to reduce your insurance costs.

Be a good driver and earn No-claim bonus: Driving carefully will reduce the chances of your car getting into mishaps. This will reduce the need to make claims and you will earn NCB. The NCB will in-turn pull down your insurance premium costs.

Renew two-wheeler insurance before expiry: Do not wait for the two wheeler insurance policy to expire before you renew it. If you have a lapsed policy, you may need to pay some fees and fines to get a new plan. So always try to renew the policy on time to save money.

Buy online: It is known fact that insurance bought online is cheaper. So buy a two wheeler insurance plan online and save a considerable amount of money.

Choose the right kind of cover: If you have a two wheeler that you use occasionally or is almost on its way out, opt for a third party cover. If however your bike is used daily and is a valuable vehicle, go for a comprehensive plan. Knowing which cover you need will help you save money.

Deductibles: Every two wheeler insurance plan has a deductible component. This means that as the policyholder, you will have to pay certain amount at the time of a claim and the insurance provider will pay the rest. A high deductible will lower your premium costs and vice versa. If you are confident of your driving skills and feel you won’t need too many claims, opt for a higher deductible. This will help you save money on your two wheeler insurance plan.

Compare: Last but not the least, you most definitely need to compare the available car insurance plans to get the best deal at the best rate. This is one of the easiest and quickest ways to save money on your bike insurance plan. Compare when you buy a new plan or renew an existing one.

Are You Losing Sleep Over Your Church’s Finances?

Over the years, I have kept coming back to the words of Edwin Friedman, “Stress comes less from overwork than from taking responsibility for the problems of others.” We can adapt these words for church finance: “Stress comes less from money challenges than from taking responsibility for the money problems of others.” So often pastors end up carrying the anxiety for church finances. Who is staying awake at night? It’s often the pastor, although I talked recently with a church treasurer who was losing sleep over whether there would be enough money in the account to pay the bills. In fact, the potential shortfall does not belong to the treasurer but to the church, but the treasurer is the one who was carrying all the anxiety

Family systems theory includes the idea of overfunctioning and underfunctioning, where some take too much responsibility, and others do not take enough responsibility. There is something of a dance between the two, a balance that gets created. In church finance, perhaps the most obvious example is the way that a small percentage of members frequently give the lion’s share of the budget. The 80/20 rule is operative here, with 20% of the congregation giving 80% of the money. Often it is 90/10, with 10% giving 90% percent.

The pattern is often at work in how the minister relates to the church financial life. This can be seen in a variety of ways: the minister may be the largest single giver to the congregation (and often no one knows that). Or, the minister accepts a salary year after year which is not adequate, because the church just cannot afford it – or, as is becoming increasingly common, takes a salary reduction to balance the budget (without necessarily a reduction in hours).

Overfunctioning can show up in other areas of church money. Some churches have one family or individual who can be relied on to rescue the budget at the end of the year. The other members can underfunction in their giving because they know (consciously or unconsciously) that someone will come to the rescue. Sometimes a church member will give a gift for a specific project, to underwrite a salary or to pay for a consultant if there is a problem. There’s nothing wrong with special gifts per per se, but sometimes they serve to relieve others of appropriate responsibility for the life of the church.

Overfunctioning is driven by anxiety. We feel anxious as to whether others are going to step forward and be responsible, and so we step in, either to help them, or to do it ourselves. The basic rule of the overfunctioning-underfunctioning reciprocity, as it’s called, is that underfunctioners do not step up to take responsibility until overfunctioners step down. For most of us who were born to overfunction, this is not easy. And when it’s in a high-anxiety area like money, it’s even more difficult.

When pastors and church leaders realize their own overfunctioning around money in church life, what should they do? First of all, it’s important simply to watch the pattern. How closely can you observe what you do? You do not even have to try to change what you do – if you begin to observe yourself. Beginning to recognize the pattern is an important first step.