Work At Home Entrepreneurs – Profiting From Micro-Blogging

If you are one of those people who work at home then this article will get you thinking. There is a new kid in the block called micro-blogging. These are social networking sites where users can send short messages to people following them. Unlike blogging where you have to come up with a full article, micro-blogs are like one liner messages; talk of lazy work at home blogger. The amazing thing, you can generate huge traffic from these websites.

Whatever business you are running, attracting customers to your business is the key to your success. Currently, social media marketing is the way to go. But websites like Facebook and MySpace have been given a run for their money. This happened with the introduction of sites like Twitter, Yammer, Plurk and others.

The advantage of micro-blogs is that they are faster means of promoting your online business. Work at home business people have discovered that you can now reach more people through sites like Twitter, identi.ca and Jaiku. This is mainly because the number of people joining these sites is increasing by the minute. To some great extent this is an awesome deal to online marketers.

Early I called this mode of communication "lazy work at home blogger"; This is because all you need to come up with are updates containing 140 to 150 characters. Therefore, now you have no excuse for not succeeding in attracting sales leads to your online products. All you need is to come up with short juicy lines, that will leave people with no choice but to follow your links, which you include within your short messages.

The one thing that crowns it all when it comes to micro-blogging is the fact that it is mobile phone compatible. This means apart from working at home you can work on the go. Big multi-national companies are now spending millions of dollars to communicate to their customers through Twitter. A good example is Dell, which has hired over 100 employees to send hourly tweets to their customers.

Follow the links below to get more insightful content on improving your work at home experience.

Early Childhood Education Course for Teachers

Early childhood education is a concept that has been applied very effectively to children below the usual school age. It is based on the belief that children will learn through play, which is why the basics are integrated into play and taught to the children. The developer, Jean Piaget, believed those young children and even older ones learn more efficiently effectively through fun and play. Several activities are especially effective such as art, social games and dramatic play. These are supposed to awaken the interest and curiosity of the child and invoke the tendency for make believe and social thinking.

Teachers

Teachers who are educated and trained in early childhood education handle classes in preschool, which includes nursery and kindergarten classes. Children who attend these classes are usually around the ages of three to six years old. Parents are encouraged to be active teachers for their kids as well since they are considered to the first ones to teach while they are still at home. For the most part, some daycare centers recognize the need to integrate the basic lessons to the kids that they care for during the duration of their stay. Such is the importance of educational toys and an educational background for the caregiver. Teachers are taught, educated and trained to recognize the various ways and techniques that will capture the interest and curiosity of a child in order for him or her to want to learn more about the different toys and tools that are utilized. In many universities and schools, this course may reach up to the standard four year course for those teachers but in some, early childhood education may just take a couple of years to learn. Since this is a specialized course, administrators of schools that offer this to young children prefer their teachers to have a full educational background on preschool or elementary as well as have the requisite additional course.

The reality of it is that most of the toys and tools used for early childhood education can be common things that can be seen in the house or replicas of these. This actually encourages the kids to view things in the house in a different way as well as to make them familiar with these things and their uses in everyday life. Make believe and the use of their active imagination is highly encouraged in order for kids to be able to think out of the box and expand their minds and imaginations. Although there is no formal education for this course, some schools and daycare centers integrate formal lessons with play in order to give their children a leg up before they enter nursery or kindergarten. Parents are encouraged to make learning as much fun as they can without the pressure of formal teaching.

This is part of the background for early childhood education. It has become a trend for daycare centers and other places that take care of younger children to integrate basic lessons in their playtime and other activities in order to help kids learn early on.

How Do Credit Card Companies Make Money?

Credit cards have gained much popularity in India over the last few years. Public sector banks as well as private banking institutions have come forward to launch a host of credit cards suiting customers with different types of needs. HDFC Credit Cards and SBI Card are the two companies with the largest market share. While banks are ready to offer you with a small loan in the form of credit cards, have you ever wondered how these banking institutions make money from these ventures?

The three main ways how card issuers make money is through the annual fee of the card, interest charged on late payment, penalties on skipping EMIs, etc. At the same time, they also earn from the businesses that accept these cards. Businesses are required to pay transaction fees to the banks which also makes up for significant earning of the card issuer banks.

But before we dig deeper into how they make money, let us first understand the term 'Credit Card Companies'. It is easy to get confused between credit card issuers and credit card networks. An issuer is the bank or financial institution from which you take the card. You are taking a loan from the card issuer and paying back to them. A credit card issuing company is usually a bank. On the other hand, credit card network refers to companies that process the transaction. Currently, there are three major networks in India- VISA, Master Card and RuPay. Apart from these, American Express and Discover cards can also be found.

So, when you make a transaction with your credit card, your money moves electronically from your bank through the network to the merchant's bank.

How do credit card companies make money?

As mentioned above, your bank makes money majorly from you and also from the merchants where you use the card issued by the bank to make the payment. Banks or financial institutions make money in the form of-

Fees

Banks charge different types of fees from their cardholders- some fees are to be paid by everyone whereas other types of fees are levied on condition. Let us talk about these fees and charges-

  • Annual Fees- You have to pay annual fees towards your credit card, especially when you are an elite cardholder and enjoy higher benefits than normal users. This is to be paid by all users. However, some banks may set a condition of spend based annual fee reversal scheme.
  • Cash Advance Fees- When you withdraw money from an ATM using your credit card, the bank charges a minimal fee for it which is normally correlated to the amount you withdrawal. This is also included in the card issuer's earnings.
  • Late Fees- Your card issuer charges fees from you if you delay your EMI payments. Banks make more money from late payers in the form of late fees.
  • Balance Transfer Fees- When you transfer outstanding balance from one card to another, the bank charges fees from you which again becomes its earnings.

Interest

The bank or financial institution has just gifted you a credit line. You have to pay the interest for the loan that is offered to you in the form of credit card. This interest cost adds to your expenses and is a method of earning for the banks. Interest on credit card is charged on daily basis for as long as the amount stands outstanding in your account. This is why experts always advise you to pay the total outstanding amount in full every month because interest will accrue on any amount that stands unpaid.

Let us understand this with the help of an example. Suppose the billing date is on 4th of every month and payment due date falls on 29th of every month. APR = 24%

  1. 10th March- Apparel Shopping- Rs. 5,000
  2. 13th March- Bill Payment- Rs. 2,000
  3. 19th March- Gadget Purchase (converted into 6 month EMI) – Rs. 12,000
  4. 22nd March- Dining Bill- Rs. 1,000

Now considering that the person does not have any outstanding amount from the previous bill, he will have to pay Rs. (5,000 + 1,000 + 2,000 +2000) = Rs. 10,000.

This will be the total amount due on 29th March. Now if the person chooses to pay only Rs. 6,000, the remaining Rs. 4,000 will accrue interest for each day until the amount is paid in full. Considering that the user again pays Rs. 2,000 on the 10th of April, let us see how interest cost works out-

Interest = (outstanding amount x 2 percent per month x 12 months) * (number of days) 365

In this case, the total interest charged would be Rs. 52.60 which is a total for Rs. 4,000 that lies outstanding for 11 days and Rs. 2,000 that lies outstanding for 18 days until the next payment. This is the reason why those who only pay minimum amount due tend to fall into debt soon sooner. Cardholders should also note that when an amount is outstanding in your statement, the new purchases that you make are not eligible for the interest free period. This is why interest charge is the easiest way how banks make money out of your credit card.

Interchange Fee from the Merchant

When you use your card at a merchant terminal, the merchant also pays a percentage of the amount to the bank as processing fees. This will also be added on to the bank's earnings. It usually ranges between 1 to 3 percent of the transaction value but may differ from merchant to merchant.

How to save yourself from paying too much to the bank?

Savvy customers plan their transactions and payments in a way that they have to pay the least amount to the bank. These are the habits you can adopt to cut your costs-

  • Pay your entire outstanding balance every month; just pay the minimum amount due is not a good practice.
  • Set alerts for your payment due dates to avoid missed payments which entail late fees.
  • Create an emergency fund to replace costlier options like cash advances from credit card.
  • Choose low annual fee or free credit cards and even if you select a card with high annual fee, make sure that the rewards are worth it.

Using Quotes To Compare Home Insurance Policies

Life is known for being unpredictable. As any experienced person would be more than ready to tell you, it is this unpredictability that is the cause of all types of happiness and sadness in a person's life. For example, a really dark side of this unpredictability is when it brings forth an accident which ends up damaging your house significantly. This would not only result in your sacred abode getting ruined but also lead to your future financial capabilities being damaged substantively.

However, you can nullify the majority of adverse impacts of these kinds of unpredictable accidents simply by insuring your home. An insurance policy that is designed to protect you from the financial implications of your home getting damaged would be perfect to sidestep the adverse impacts of such situations. There are primarily three different types, with one special category, of these policies that you can buy.

The first type is the buildings only policy which is designed to protect the structure of the house and not the contents inside. The second type is the contents only policies which are the opposite of buildings only policies. These policies just focus on the contents inside your home and not the structure. As is obvious, while the former is good for landlords, the latter is better suited for tenants. However, if you own the house that you are staying in then you will need a policy that provides protection for both the building and the contents of the home. Here, you will need the third variant ie the comprehensive cover policy. A typical comprehensive policy would include things such as protection for the structure of your home, cover for your belongings inside, up to an agreed amount and a variety of other things like outbuildings cover, specific valued item cover, moveable bearings cover etc. The special category of policies includes highly customisable policies which can be taken out for special situations.

Buying such types of policies used to be a major problem in the earlier years because it would mean multiple meetings with the insurance representatives and complicated paperwork. Furthermore, if you were buying such policies a few years back then you would also have to deal with the uncertainty that maybe you did not buy the best policy in the market because you would not be able to compare multiple options. In contrast, online providers with the help of their home insurance quotes modules have made it extremely easy for the end user ie you to buy these policies. All you have to do is provide the online provider with the right information and you would receive semi-formal offers from them in the form of home insurance quotes. You can, rarely, go about comparing these offers from different online providers and pick out the one that meets your needs the most.

The advantage of doing this is a lot more than just getting the best policy. As a matter of fact, you would not only get the best insurance product but would also get it for affordable rates. Making sure that you are getting cheap home insurance policies is one of the qualities of online providers that really sets them apart from other sources.