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Credit Cards vs Debit Cards

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Credit Cards vs Debit Cards

Credit cards or Debit cards? 


There are those who would vouch for a Credit Card benefits over that of a debit card and there are those who believe otherwise. So which is actually better? Or are they winners in their own right? Lets take a look at both of their advantages and disadvantages.

Debit Cards Debit card users receive their funds from the amount that is deposited with the card provider, for e.g., if the Debit card is issued by the State Bank of India then the funds that can be used is the amount deposited in the user’s SBI bank account.

The good part

The best part of having Debit cards is, (apart from the spending aspect, we mean) that the user can keep an eye on his/her purchases and stay on track with their spending. This is especially advantageous for students and those who have just started earning and want to manage their finances in an organized manner.

Apart from this, there is no extra fee charged on any of the purchases as well, unless the buyer spends more than the amount available in his/her bank account and incurs, what is called an overdraft fee. This basically refers to the fee charged by the bank when a user spends/withdraws more than the available balance in his/her account. This fee varies with different financial institutions.

Debit cards offer immediate access to funds and are easy to apply for as well. Certain banks also offer free debit cards with the creation of a new savings account.

The not-so-good part

Sometimes, debit card transactions might not be completely secure. With internet scams popping up everywhere, online payments using debit cards, unless the person is careful may result in card details falling into the wrong hands.

Similarly, if the card is lost then the owner is left in a lurch as the perpetrator can access the entire amount present in the bank account unless the bank authorities are notified and the card is blocked immediately.

Convenience is not always guaranteed, there are places that do not accept debit cards and accept only cash. Apart from this, at certain times there are fees charged, if the ATM machine the money is being withdrawn from is not affiliated with the required bank. Further information on this can be sought from the bank directly.

Credit Cards Regarding credit cards, the user borrows a certain amount of money from the issuer up to a certain limit. The credit does not come with additional interest, provided that the user pays his/her monthly bills on time. Therefore, with Debit cards, the user only spends what he/she already has but there is a little more flexibility when it comes to credit cards.

The good part

Credit cards come with a grace period. Unlike Debit cards, credit cards don’t use funds from the user’s bank account but from the bank or financial institution that makes the money available to the user. It is also a quick way of borrowing money to pay for something that the user cannot afford immediately.

Credit cards come with their own set of perks and rewards. Banks usually provide offers to entice potential customers. These can include lifestyle deals, airline discounts and much more.

There is higher security offered on credit cards in case they are lost or stolen, as compared to debit cards. However, the issue needs to be reported to the bank authorities at the earliest. They also offer more protection on large purchases and especially on goods that are bought online.

Another advantage is that credit cards can be used to build up a good credit score which makes it easier to obtain other credit products such as home loans, auto loans etc.

The not-so-good part

Not paying the bills on time can result in a vicious circle of debt. Since the user is essentially borrowing money, it is imperative for him/her to pay it back.

Additional charges such as interest fees are charged if the bills are not paid on time. Apart from this, there might be an additional fee charged if the user exceeds the credit limit.

Now that we have listed some of the pros and cons of both credit and debit cards, making the right decision as per the finances of the user is important so as to spend wisely.
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Create an Abundant Life With These 5 Amazing Affirmations

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It is often said that thoughts translate into words, words into actions, actions into habits, and ultimately, the habits we develop direct our lives. In other words, the thoughts we have in our heads have the power to manifest themselves into reality. This speaks volumes on how important it is to be careful about how we speak to ourselves, for the words we choose have the potential to change our course of lives.

The good news is that there is a secret, almost magical tool that can be used by anyone at all – affirmations. These simple yet powerful sentences enable you to tap into your inner power to transform your life for the better.

What are affirmations?

Affirmations are the perfect tools to direct our flow of thought toward a more positive note. They are short and powerfully positive sentences that can reprogram our thinking pattern in such a way that we start to build self-confidence and believe that we are capable of anything.

A daily dose of powerful positive affirmations can help us fight self-doubt and build our self-esteem. It gives us a sense of empowerment. When we verbally express our desires and goals in a coherent manner, in a sense, we “affirm” that they will not just be dreams or wishful thinking, but goals we will work toward and make a reality. In fact, “affirmation” originates from a Latin word “affirmare”, which means to confirm or to strengthen.

The reason affirmations work so well in aiding us in our self-growth and personal development is because when we think of positive thoughts, our brain releases a huge amount of endorphins and dopamine, also popularly known as ‘feel good’ hormones. They help to break the unhealthy habit of negative self-talk. So, in a way, rewiring our brain into thinking happy, positive thoughts is like physical exercise for the brain to eventually get into a better shape.

Another reason why affirmations are a sure way of improving yourself is the universal Law of Attraction (LoA). Everything in the universe is energy, so when you think positive thoughts, you attract positive energy. But when you think negative thoughts, you attract only negative energy. Whatever you put out to the universe is reflected back to you. In other words, your thoughts have the power to shape your reality. Life really is up to you and what you make of it. So why not make the best of it?

Attract abundance by repeating these 5 affirmations every day

An abundant life is not only one that is full of material belongings, but instead, one that is also filled with fulfilling and meaningful relationships, and a spiritual awareness of one’s purpose in life. A life filled with an abundance of positive energy cultivates only good things the world has to offer. However, it does not imply that your life will be problem-free. Instead, you will be equipped with everything you need – confidence and self-esteem, kindness, wisdom, courage, and understanding – to face any challenge life may throw at you.

As we have said before, you attract people, events, and opportunities with the same energy as you. Just by the power of thought, you can attract health, wealth, wisdom, and happiness, and build a life of abundance. Simply focus on what you already have and be thankful for it, and you will always receive more.

So, here is a list of powerful positive affirmations that will help you attract all the abundance you need and more in life. Repeat them every day wholeheartedly and abundance will follow.

1. I accept myself the way I am but understand that there is always room for improvement

The ability to accept yourself just as you are, yet at the same time understanding that you can always learn and grow every day is a valuable wisdom not many people have. When you accept yourself for who you are, you start embracing all your imperfections too. You understand that you are human and it is okay to have flaws and shortcomings. What matters is that you are aware of them, and you work toward them relentlessly. Such a level of self-awareness will surely attract abundance.

2. I have self-confidence and belief in myself

Trusting in your abilities can work wonders in everything that you do. It is an assurance of success, and consequently, abundance. If you are confident in who you are and what you do, there really is nothing that is impossible. Your thoughts are only as powerful as you allow them to be, so cultivate positive thoughts and self-talk. Learn to be your own biggest motivator, supporter, and cheerleader.

3. I always try to be the best version of myself every single day

Every day, whatever happens to us each moment is an opportunity to be the best version of ourselves. We can either choose to love or fight, to be grateful or complain, to keep fighting or give up. Even in small moments that may seem insignificant, we can always prove to ourselves that we strive for improvement every single day. Even when you are stressed out or in a bad mood, do not act impulsively. Think things through and act wisely. Slowly but surely, abundance will flow to you.

4. All the abundance the universe has to offer is within my reach

The universe has an endless flow of abundance that is within anyone’s reach. The only thing that is blocking it all out is you. Align your attitude and action toward positivity and abundance will follow you everywhere you go, in everything that you do. Know that only you can open the gates to allow it all in, and only you can close that gate. You are in control of your own life.

5. I am thankful for all my blessings every day

Never forget to practice the attitude of gratitude. The more you focus on all the things you already have and appreciate them genuinely, the more blessings you will receive in abundance. Thankfulness is a powerful positive emotion. Practice it, spread it and more blessings will come your way. If you only focus on things you do not have, forget having more. You will never have enough.

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6 Ways To Take Care of Yourself

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Self-care must be as essential as taking a bath. You have to do it daily to be in your best shape all the time not just physically but mentally, emotionally, and spiritually. When you take care of yourself enough, you are able to share with other the overflowing love you have inside you and you won’t ever feel exhausted.

Now, if you’ve been depriving yourself the kind of TLC that you deserve lately and you totally forgot where to start, here are 6 tips for you:

1. Develop a mindful morning habit

Mindfulness is becoming such a huge term nowadays because of the busy lifestyle that everyone tends to have. It refers to the act of being in or feeling the present moment so you can feel better holistically. To be able to create a mindful morning habit, the first thing you need to do is to not hit the snooze button when your alarm goes each morning. Once you hear the sound of your alarm, do some simple stretching on your bed and get up right away. This will prevent you from lounging further and feeling lazy to do anything. By acknowledging the fact that it is already morning, you are signalling your mind and body that it’s time to get going.

2. Sing out loud to your favorite music

More than being nostalgic, it also feels good to sing along with your favorite music. Why not turn the radio on and sing your heart out. This will help you release stress and make you feel better.

3. Skip sugary drinks and go for tea instead

Do you know that sugar is much more addicting than drugs? This is the reason why it is really hard to go on a sugarless diet when you’ve been bingeing on sweets for too long. To succeed at it, try letting go of sugary drinks and foods gradually until sugar gets totally cut from your system. Replace your favourite soda with tea instead. There is a wide variety of teas out in the market and I am sure that one or a few will catch your tastebuds.

4. Read books that you are really interested about

Reading books is not only one of the best forms of relaxation but it also promotes continuous learning even after you’re done studying. Find books under your topics of interest and you’ll surely have no time to look at your mobile phone for entertainment.

5. Take time to travel

Those who wait for the right time to travel will never have time for it. So, if you’ve been putting of your vacation for too long now, it’s time to serve that leave of absence. By seeing a different place, let’s say, once a month, you are rejuvenating your senses and allowing your body to release happy hormones, making you feel more fulfilled and more productive once you’re back to work or to your normal routine.

6. Exercise

It doesn’t matter whether you are more comfortable exercising in the morning, in the afternoon, or in the evening. What’s important is that you allot some time to do it regularly. By exercising on a daily basis, you are giving yourself a break, allowing it to strengthen and release toxins through your sweat. At home, you can do simple exercises even without any gym equipment or might as well try the vibrating plates, which can also help you shed those unwanted fats.

Taking care of yourself shouldn’t be complicated at all. By following the simple ways above, you are on your way to becoming a better and happier you – one who is able to share with others because you’re like a fountain filled with overflowing love.

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Better Options to Spend a Fun Time With Financial Benefits

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Activities are there of various types that can help you leading a fun time but you would delight to have the best scope of spending the time with some profits apart from the entertainment only. When you will try getting information in this context, you will discover that many people are spending time before their computers and they want to get the best options in attaining financial benefits. They spend their leisure hours but they get it in a better way. Therefore, without losing your hope in fulfilling the quality opportunities, when you will try revealing the latest options, you will get enough benefits in grabbing the opportunities in the finest way. These days, people are taking advanced options and they want to make their active hours profitable in a better way. When you will look for the best options, you will get the most significant opportunities in making you pleased and it will make you possible getting better options. It is true that whenever you will try getting effective and highly advantageous options, getting quality options will be possible to you. It is needless to say that people are trying to get the essential solutions properly and they are getting the most effective options properly.

The necessity to have fun activities is great among human beings as they are emotional being too. In addition to that, they have need of food and other necessary things to purchase from the market. Therefore, having monetary power is also a need of great significance. Therefore, when you will be keen enough in obtaining these scopes properly, you will reveal the online sites and the benefits of accessing the sites. When you will get enough time to reveal the positive scopes, you will get the most effective options in fulfilling the requirements. Therefore, it is your time to be familiar with the latest options and thus you will grab the profitable solutions properly too. A great number of options are coming to you and therefore, you will strive to get the effective scope properly. The demand of choosing the proper options is great and whenever you will try revealing the opportunities online, you will get familiar with the scopes in an effective way. The need of choosing the interesting activities is great among people and when you will get information in this context from the authentic online sources, you will get courage in fulfilling your requirements.

Some websites are there to provide you soccer live streaming options and it may provide you better option to spend a quality relaxation time. In addition to that, you will feel excited too with the achievement of the team that you support. Therefore, it is your time to be familiar with the available options and thus you will get the effective opportunities properly. It is needless to say that whenever you will strive to get familiar with the attainable solutions properly, you will get the effective results to watch live football streaming free. Therefore, it’s your decision that would help you getting proper opportunities.
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