Funeral Choices: Preparing For Unexpected Costs

shopping-2163323_640The death of a loved one is one of the most traumatic events we will ever suffer in life. Whether the passing occurs suddenly or after a long illness, be the loss a close family member, partner, child, relative or close friend the depth of sadness is almost immeasurable. As a friend once said, if you’ve lost a loved one “you have joined a club you never wanted to belong to”.

During the grieving process it almost feels like you are walking slowly in quicksand. You are numb and in a fog, struggling to even complete normal easy tasks. Even if you prepared for the loss the hollowness casts a shadowed light on life and you have to now walk through life in a new reality of loss, in a new world.

In the midst of the shock of losing someone it is often very difficult to make informed and sensible decisions about funeral services and to decide on how to handle these unexpected costs. It is much better to pre-plan and prepare for funeral costs.

Evaluating Funeral Choices in Advance

A person may choose to specify their funeral details in advance and can even pre-pay for all expenses. This is often done via insurance that is sold by the funeral home but the insurance policies typically have multi-year payment requirements and in total are very expensive.

Consumer advocates suggest pre-arranging your funeral without pre-paying for the event. If you choose this path be sure to visit multiple funeral homes before selecting the service that is right for you. It is estimated that 87 percent of people visit only one funeral home before making a choice and thus pay too much. Funeral costs will be dramatically lower if you choose between different funeral home offers and plans.

Costs of funeral can differ greatly between a traditional funeral and a funeral where the deceased chose cremation. Since personal opinions vary greatly, it would be very helpful to those left behind if they knew exactly what the individual preferred. By making funeral arrangements in advance, you relieve people of agonizing decisions about how to proceed and which choices to make.

Honoring the Deceased

One of the most respectful ways you can honor the individual who has passed on is to have a beautiful headstone if they are buried in a cemetery. There are a wide range of headstones available that will provide a lovely memorial that will pay tribute to your loved one for years to come. As relatives, loved ones and dear friends visit the gravesite in years to come they will truly appreciate the thought that went into selecting a headstone that is classy and shows true caring for the one who has passed on.

It is also important to spend time and effort creating a heartfelt obituary that celebrates the life of the person who has passed. Even in this difficult moment of loss it is helpful to remember that life is a celebration and to highlight the unique character of the deceased.

If you would like to make a difficult time much easier for your loved ones, it is best to pre-arrange your funeral and to prepare for funeral costs. Doing this will truly lift a difficult burden from those who remain behind.

Payday Loans For Bad Credit In The UK

tax breaks for 2016We can all agree poor credit is the bane of the borrower. A borrower with poor credit is exactly the kind of prospect many lending companies in the UK are looking to avoid. But poor credit does not have to be a terrible thing. And what’s the reason a person with poor credit can’t get a loan?

A payday loan is a necessary fixture for salary earners regardless of their credit score rating. As long as a person works a job and receives a decent paycheck every two weeks or every month, that person should be entitled to borrow money because at least the lender can see where he will be able to repay the loan from. This is the principle under which some lenders in the UK have decided to either pivot to offering loans for people with bad credit or establish businesses in the first place.

Chief of these is Creditpoor – This credit broker came into the industry primarily to serve the oft-neglected demographic of people who earn monthly or bimonthly, and for the reason of a poor credit score, are unable to access loans when they need them. Creditpoor offers different types of payday loans to workers of all credit ratings, and therein lies the secret of their steady growth and resounding success with the market, grabbing a sizeable share of the credits and lending market. We will look at a few types of payday loans on offer at creditpoor. All the loans listed here are as available to people with great credit as to people with poor credit, which is the way it should be.

Online Payday Loans

These loans are available almost immediately. You can apply for them, as the name suggests, from the comfort of your bedroom, over the internet, and have a company rep call you to confirm or verify your information. The loan can be approved in a matter of minutes and be ready to be paid out on the same working day. These online payday loans are available to persons with bad credit. With this plan, you can borrow anywhere from £100 to £2000, and it is normally repayable as soon as your next paycheck arrives.

30-day Payday Loans

Most payday loans are to be repaid as soon as you receive your next paycheck. The differentiator in this package, however, is that the repayment can be spread over 30 days if you expect a paycheck once a month. Also, the fee on the actual loan in this plan is not fixed, and rises or falls in response to the number of days to be taken for repayment. This loan offers some flexibility for people looking for that.

Bad Credit Payday Loans

These loans are specifically for persons with bad credit because the panel of lenders for this type of payday loan do not care what your credit rating. If you have a job that pays you, you are eligible to access this loan. Figures here go from £200 to £1000 usually, but your monthly pay is usually the factor that determines how much you can borrow. The processing ofdate, an extension can be provided for an extra charge. As with all other loans, it is important to consider the plan carefully and preferably go over the contract with a financial adviser. Be sure you are capable of repaying the loan plus its fixed fees within the time proposed.

Things are different now in the credit industry in the UK. Companies like Creditpoor with a focus on persons with poor credit have made it possible for them to access the much-needed relief in the event of an emergency or an unplanned expense or just bills piling up. With friendly interest rates, a friendly customer service and a transparent outlook, this is the preferred loan lender for people with poor credit, trying to access payday loans.


Pros and Cons of Leasing or Buying a Smartphone

iphone-518101_640Many consumers struggle with the decision of whether to buy or lease a phone when they walk into the store. They want to ensure that they’re making a smart financial decision in the long term, but they don’t want to get stuck with a model they can’t get rid of. If you’re on the fence about buying or leasing, here are four things you need to know.

Leasing Is Ideal for Keeping Up With the Latest Trends

Many people get excited at the idea of immediately getting the newest model when it’s released. These are the diehards who camp outside days before the launch to ensure that they get the product before anyone else. If you’re one of the people who immediately want a new phone when it comes out, then leasing might be the best option for you.

Many leasing contracts allow you to trade in your old phone when the new model comes out. As long as your phone is eligible for a trade (meaning that there’s minimal damage and the phone is still functional), then you can return it to the store and lease the new one. In this case, your phone is more like rented equipment, similar to your cable box, than an actual possession.

Buying Lets You Keep the Phone for as Long as You Like

Buying — whether you pay in full up front or spread your payments across several months — means that the phone is yours to do with as you please. When it gets old, you can pass it down to your child or sibling, use it as a backup, or sell it to whomever is offering the best price.

The New York Times gives examples of various leasing versus buying scenarios. A phone like the Samsung Galaxy S7, now available from T-Mobile for $60 off the normal price, could be paid off for less than $30 per month over two years. If it’s in good condition at that time, you could probably sell it for $150–200, significantly reducing the overall cost of buying your next phone. You could also keep using the phone for another year or two, and enjoy that time free of phone payments other than your service fees.

Phone Prices Drop Over Time

Phone prices follow the basic laws of supply and demand. When the latest model comes out, the previous models drop in price because everyone wants the newer phones, and companies still have the old ones in inventory. Even if there is no replacement model, the cost of a phone could drop within a few months of its launch (especially in the post-holiday season slump) to encourage more people to buy.

Buying your phone too early means you could be missing out on the best possible price. Instead, it’s better to wait a few months after the release and wait for the price to drop. If you’re currently leasing your phone, you can keep making payments until you find the deal you’re looking for.

Paying Up Front Means Never Worrying About Bills

There are two schools of thought regarding paying for a smartphone up front. Some people prefer the financial stability of paying for their phones fully and taking a hit to their checking account. They might not have a lot of money for a few months, but they know they never have to worry about a phone payment. If they lose their job or have a major expense, they still have their phone.

Other people prefer paying for their phone slowly through a lease. This allows them to maintain a set amount in their checking account, and their funds are never depleted by the major expense of a phone. In this case, if they were ever to lose their job or experience rough financial times, they could return their phone and go without one until they could afford it again.

Both buying and leasing make sense, and the path you choose really depends on your personal comfort with money, the type of phone you enjoy using, and how often you plan to get a new phone.