The Five Most Common New Year’s Resolutions

Stamping out of the drinking and smoking habit is easily one of the more difficult commitments to make.

Stamping out of the drinking and smoking habit is easily one of the more difficult commitments to make.

Every New Year marks a celebration of new beginnings. Most people associate this occasion with commitments to reform old habits or make lifestyle changes, usually for the better, effective January 1. As 2009 comes to a close, people make pledges to resolve certain practices or issues and experience a fresh start as they welcome 2010.

Check out this prominent list of recurring New Year’s resolutions. Is yours one of them?

1. Get fit.

People vow to put on the right weight by paying attention to what they eat and exercising more. Depending on a person’s need, getting in shape may mean losing or gaining weight. However, this drive for healthy living sparked by the freshness of the New Year normally takes a backseat as people start leading their busy lives. As weight loss or weight gain becomes less of a priority, fitness becomes a lifelong underachieved goal.

2. Quit drinking and smoking.

Stamping out of the drinking and smoking habit is easily one of the more difficult commitments to make. Fact is, not everyone is equipped to make drastic lifestyle changes all at once. Over the years, the availability of over-the-counter nicotine replacement drug and a world of quit-drinking therapies are proving to be effective as vice-quitting aids. However, About.com says that on the average, drinkers and smokers make at least four attempts before finally quitting for good. People repeatedly commit to quit and fail, keeping this New Year’s resolution always on the list.

3. Manage finances wisely.
To say that money is a source of stress is an understatement. The year 2009 was plagued by unstable and unpredictable global economies, thus getting a handle on finances was no easy job. Spending less, spending just right, paying debt or securing the finances for oneself or for the family is a promise that makes it to the top yearly resolutions. It is expected to be part of the list many times over in the coming years.

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How to Become Poor

How to Become Poor

How to Become Poor

Most of us have enough income to be able to live comfortably and have enough left for some of the simple luxuries in life, but most find themselves out of money a week before payday. Why? Because they have the habits that help them become poor. These are:

1. Spending indiscriminately.

While it is good to pamper ourselves once in a while, watch closely how you spend your money. Dining out every single day, getting a massage every week, buying that latest gadget can easily drain your wallet and bank accounts. Think before buying, instead of buying your third laptop just because it is on sale, or buying an iPhone 3G S even when your Nokia E78 and Chocolate 3 VX8560 are working just fine.

Impulse buying can easily get you in trouble.

2. Getting a lot of credit cards and maxing all of them out.

Credit cards are handy when you need to buy something and you do not have the money for it, but it is also a good way to spend much more than you can afford. Because you are not spending money, you think that you are not going to worry about it until the next bill comes along, which of course would be too much for you to pay.

Most people end up just paying the minimum amount on their credit card charges, thereby accumulating debt that grows bigger with interest.

3. Not understanding interest and how it works.
When you are in debt, you must understand that the longer you pay it, the worse you are for it. When you prolong paying on a certain debt, like your credit card or mortgage, you waste money by paying for interest. Understanding interest spurs you to fast-track your paying your debt, instead of just letting it go on for a longer period of time.

4. Not having a budget to work with.
A budget keeps you in line to pay what you need to pay (utilities, bills, rent, gym membership), while also telling you just how much money you can burn and still have enough left to tide you over the next few days, or until your next paycheck comes in. Neglecting to budget and account for your money is a sure way to overspend and becoming poor.

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Top 5 Ways to Survive the Recession

Top 5 Ways to Survive the Recession

Top 5 Ways to Survive the Recession

Admit it or not, the world is in the worst recession it is affecting the richest of nations, biggest of companies, right down to individuals but there are ways to survive the recession. Here are the top five.

5. Get a more secure job.
This is actually more difficult to do than it sounds but if you are one of those lucky ones who have a job now, and have the skills and opportunity to shift to a better career, then you might as well consider making the move. Right now, there are recession proof industries like education, health care, social housing, video games, accounting, auditing, insurance, energy, and IT. If you can find a good job opportunity in these industries, then it may be good to transfer.

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5 Easy Ways to Get a Loan during Recession

5 Easy Ways to Get a Loan during Recession

5 Easy Ways to Get a Loan during Recession

Can you loan me a dime? In this period of the 21st century where even the lone economic and military superpower in the world admits to be undergoing financial crisis, people seeking loans to tide them over is as common as panhandlers in the streets. Times are hard. If you need a loan bigger than 10 cents, do not be embarrassed to try and get one. The following steps may be of help.

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10 High-Tech Ways to Ease-up Personal Finances

10 High-Tech Ways to Ease-up Personal Finances

10 High-Tech Ways to Ease-up Personal Finances


The basic needs such as food, shelter and utilities make up the bulk of our monthly bills. Any way to save on these expenses is definitely a welcomed option.

Saving is no longer a burdensome chore thanks to the development of new gadgets and computer applications. If you have yet to update your saving techniques, then you are in for a very useful read.

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