Credit Cards - 6 Things You should pay attention when using credit cards
1. If you purchase in a local store using credit card, the counter will give you a receipt to sign. Please pay attention to the balance of the bill, you must make sure the number is correct. Use the same signature and handwriting that you done on your card. For security reason, please don’t left any empty bill without signature.
2. If you want to cancel any order, remember to tear up the bill and receipt. If the store is using computer online system to handle the credit card payments, you should ask them to give you a statement to countervail your original order. Please keep this statement as it can protect you and prove you had canceled the orders.
3. Make sure there is no carbon copy of your bill or signature.
4. Make sure your card is within your eye shot.
5. In oversea, please make sure the currency that printed on the bill because 1 EURO dollar and 1 US dollar is totally different.
6. If you shopping in the same shop, please group all your purchase and check out at 1 time. You probably will be rejected if you use your card several times in the same shop.
7. When make booking for hotel, hotel will ask you to provide credit card number as a booking proof and give you a booking number. In this time, if you want to cancel you order, please remember to ask the hotel to give a log out number and cancel order statement. This will be the proof of canceling order. If hotel asks you to sign an empty bill, please sign at the back of the bill. This will help you to make changes on the bills when you check out. Last but not least, if they give you a new copy of bill after making any changes, please ask the old bill and tear it up, this will protect yourself from any fraud.
Invest To Financial Freedom - Ways To Invest when you have $100,000? Conservative Way Part 1
This is the chapter 1 for my series Ways to Invest when you have $100,000 In chapter 1, I will share with you the conservative ways to invest your $100,000. This is the part 1 for this Chapter.
Suggestion 1: Cash Bonus Life Insurance + Money Market Fund
Before we start, why don’t we have a closer look and understand what bonus based life insurance and money market fund is.
Cash Bonus life insurance is a kind of life insurance where you will get a certain amount of bonus from the Insurance Company at certain period. After the fiscal year, the insurance company will divide the last year bonus, according to certain rate, to the bonus based life insurance holder in the method of cash or increment of policy.
Where the insurance companies collect those bonuses from? \r\n\r\nThe main resources for this bonus is from
1. Differential of Death - the actual death of policy holders different from the expectation.
2. Differential of investment return - unexpected of higher return from the investment that insurance company invests.
3. Differential of Management fee - profit that company gains when the management fee is lower than budget.
Every year, insurance company will budget and destine 3 factors - death compensation, expected investments returns and management fee. The decision of the allocation is firm and once the allocation is fixed, it is not easy to be changed. Maybe it is the different for first few years is not that much, however what happen in another 10 years or more? The difference will be big in this in after 10 years. Once this happen, insurance companies will pay the bonus, according to certain rate, to their customers. This is how cash bonus life insurance works.
Merry Christmas & Happy Holiday!
Hi, Merry Christmas and Happy holiday!
