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Category Archives for Life Hacks

How to Invest in the Best Fire Extinguisher

  • June 14, 2021

 

While having a fire extinguisher is not a must, it would be best to invest in one. It is one of the essential safety items during a domestic fire outbreak which can occur at any time. There are many things you ought to have in mind when buying a fire extinguisher. If you are unsure how to pick the right one, this post can help you achieve that.

Did you know that there are various classes of fire extinguishers with varying applications? Class A extinguishers can help put out fire fueled by wood. Class B fire extinguishers are for flammable liquids, Class C is appropriate for electrical fires, and Class D extinguishers are for combustible metals. You can choose any of these classes or those that serve multiple purposes.

PropertyGuru Singapore highlights that there are various types of fire extinguishers. The first type is a powder fire extinguisher that you will find in many homes. When sprayed, it emits a chemical-based powder that helps put out the fire. The second one being a water fire extinguisher is less versatile than the powder extinguishers.

A gas fire extinguisher works by reducing the ability of fire to keep on burning. It does so by reducing the amount of oxygen that keeps the fire burning. Lastly, though not commonly used, is a foam extinguisher.

Before buying a domestic fire extinguisher, there are various things you have to consider. Foremost is the weight of the fire extinguisher. You should choose a lightweight one that anyone can use with ease. Another vital thing to consider is the price. Prices of fire extinguishers vary, therefore you should shop around and find one within your budget.

If you’re interested in this phenomenon, please take a look at the following infographic. It shows how you can correctly use a fire extinguisher. The infographic makes it easy to understand the specific steps of using one and other fire safety tips. Check it out below.

 


Infographic designed by PropertyGuru Singapore

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A Guide To The Costs Of Buying Property In Malaysia

  • June 11, 2021

Many people buy properties in Malaysia as holiday homes, second homes, or somewhere to live where the cost of living is much lower than it is in the West. But figuring out how much you need to pay in transaction costs and so on is a constant challenge. It’s not always clear. 

It turns out that transaction costs in Malaysia are usually based on the percentage value of the property. What’s more, they lie on a sliding scale, meaning that the more you spend on a property, the smaller the various charges are as a percentage of the total (however, the absolute cost still rises in many cases). 

There are a variety of fees that people buying properties in the country need to pay. 

For instance, if you’re buying a sub-sale property or new development, you’ll need to pay a charge to prove that you’ve purchased the property. And you’ll also have to pay a lawyer to check over the various loan agreements that you have with the lender to make sure that you’re repaying the right amount. 

However, there are other fees that differ depending on whether you’re buying a new development or a sub-sale. For instance, on a sub-sale, you’ll have to put down a down payment of at least 10 percent. However, you may be able to withdraw this from your EPF if you are eligible for a new development. You’ll also have to pay valuation fees on a sub-sale for the lender’s collateral. 

Check out the following infographic which explains it all in more detail. 


By PropertyGuru Group

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Expenses That You Didn’t Know You Might Have To Pay Some Day

  • June 11, 2021

There are a lot of unexpected expenses in life, and they’re hard to predict. However, if you have some savings at any given time, you should be able to pay for at least part of what you need, when you need it. But, what are you saving for? It’s often difficult to save money if you’re constantly thinking that there is no reason for you to pay this because there is nothing it is needed for right now. Down below, we’re going to be looking at some of the things that you should be saving for, and they should help you get your head in the saving game. Keep reading down below to find out more.

Legal Representation

The first thing that you might need at any given point is legal representation. You never know when you are going to be in the position where you need to hire a lawyer. It might be the case that you sought out a personal injury attorney because you have been involved in an accident that you require compensation for. Or, it might be something else entirely, but you are going to need decent legal representation in order to have a chance at winning. If you don’t do this, then you are likely going to lose your case, whatever it is.

Nursing Home

The next thing that you could be saving for is the nursing home that you want to go to when you get older. Some people don’t want to go into a nursing home, and others do. If there is one that you like and you know this is where you would like to live, you might want to have some money for this. It’s important that you aren’t relying on everyone else to pay it for you, or have them selling your assets when the time comes. If this happens, when the money runs out you are going to end up in a state facility. As such, saving now is going to be in your best interests.

Emergency Repairs

Finally, you never know when something is going to break and need fixing. Emergency repairs can be expensive, especially if it is something like the boiler. This will need sorting out as soon as possible, but if you don’t have the money then you’re in a bit of a sticky situation. Of course, if you have these savings, then you’re going to be able to get your boiler fixed or replaced with minimal amounts of fuss. 

While it’s true that someday might never come, if this happens, then at least you’ve got a decent sum saved up

We hope that you have found this article helpful, and now see some of the expenses that you didn’t know you might have to pay some day. Of course, there is no guarantee that you are going to need to pay for these things, but that doesn't mean that you shouldn’t save the money for them anyway. It’s for reasons like these that savings are important. We wish you the very best of luck.

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Investing In Safety Can Save You Money

  • June 11, 2021

There’s no such thing as being too safe, no matter where you are, but car safety is even more important. It’s something that you can’t go overboard with, as it’s not just your safety that’s on the line. It’s the people in your car, along with the people that you’re sharing the road with. One wrong turn, or getting distracted for even a second or two can cause a serious injury for you and anyone else that’s been involved in the collision. Investing in your own safety will pay for itself in time, and you won’t have to live with the regrets of skipping over it should anything ever happen.

Modern car features

A lot of new cars often come with flashy features like a rearview camera or systems that are built to help you prevent crashes. Having those installed can be great for preventing an accident, but people have coped for years without them. If you’re driving an older model of car, the chances are it’s lacking those features, which could be dangerous if you feel like they could help you out on the road. It’s nice to have that extra insurance when you need to make a maneuver or check in on the blindspots that are always just out of reach without a camera.

Modern cars are also built to take crashes in a way that helps to protect the driver and passengers should a collision happen. From airbags to crumple zones, the newer the car, the more time that’s been spent on the safety features of your car. While it might not be likely that you’re going to end up in a car accident, you’ll be glad you had them if you ever did.

If you’ve been in an accident

Car crashes can be terrible, to say the least, and the people involved are often left with trauma from the event. It’s not easy to get back behind the wheel and to top it off, it could have an impact on your wallet too. Insurance companies will likely raise the price of your insurance once you’ve been in an accident, which can make life even more difficult after an accident! If you’re going to avoid this kind of consequence, you need to get into contact with some knowledgeable car accident lawyers who can take your case for you. The less you have to pay for insurance, and the less it increases as a result of the crash, the more the lawyer pays for themselves.

Getting back on the road after an accident can be a difficult hurdle to overcome, you shouldn’t need to worry about the financial consequences on top of that. Make sure you know how to handle yourself after an accident, and the right steps to move forward. You also have to consider how long it will take to recover from an accident, and that time that you’ve spent away from your job can put an even bigger hole in your finances.

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How to Avoid Asking Friends and Family for Money

  • June 11, 2021

Asking friends and family for money can be an awkward situation. It involves swallowing your pride and being asked why you need the money and how you got into your predicament. While it might be the easiest way out, sometimes getting an interest-free loan from loved ones isn’t worth the added stress.

 This means you are back to square one; you still need the money, and you need to figure out how to get it quickly. Check out the options below so you can avoid asking friends and family for money.

Don’t Buy It

There are valid reasons to obtain good debt. It can build your credit score, pay off high-interest credit cards or potentially make your business more profitable, good debt will save you money in the long term.

 However, if you are looking for money to purchase a luxury item or impulse buy, stop yourself and don’t buy it. Even if there is a fantastic sale, going into debt to buy something that doesn’t make you money is not sensible. It could leave you in a more challenging situation when an emergency arises, and you have already exhausted your access to quick cash.

Borrow It

There are plenty of valid reasons to borrow money. Everyone needs to get a helping hand at some point, whether to cover the shortfalls for bills that month or to buy new tires after an unexpected blowout.

Applying for quick loans can be done discreetly online at any time of day and from the comfort of your own home. When your car is broken down, or you're mopping up a flooded kitchen, you don't want to bother with expensive childcare so that you can go to the bank to fill out forms. Even if you have a lackluster credit score, you may be eligible if:

  • You are 19 years or older
  • You are a Canadian citizen and resident of British Columbia, Alberta, Manitoba, Ontario, New Brunswick, Nova Scotia, or Prince Edward Island
  • You have had the same employer for three months or more and took home $800 or more monthly
  • You are paid via direct deposit into a bank account that has been open for three months or more
  • You have a working mobile phone number, email, and proof of home address

 Earn It

Asking for additional hours or overtime at work might be possible, but it is unlikely to get you money right when you need it. Those with small children will have the extra expense and difficulty finding childcare, and people in rural areas may not have a plethora of jobs available. 

The internet has opened the possibilities to earn extra money from anywhere and at any time. Freelancing websites like Fiver or Upwork have literally millions of job postings for one-off requests or long-term positions. These range from writing blog articles like this one you are reading to translating documents or answering customer emails.

If you have a particular skill, whether it be crocheting or scrapbooking, there are likely people that are looking for lessons and willing to pay for a Zoom session. The critical aspect to earning money from an online application is realizing that everyone has a skill that is needed by someone else; it is just a matter of finding a way to connect.

We know that you don’t want to ask your friends and family for money. Finding alternative options is more conducive for saving face with your family and learning that you can solve financial problems on your own.

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How To Prepare For Retirement 

  • May 31, 2021

Right now, you might not be thinking about retirement. Or perhaps you’ve decided that you don’t want to go down that route, and you feel that you would rather work for the rest of your life. However, it could be that you are very much looking forward to retirement; after all, it’s a time for you to relax, to stop worrying, and to do all the things you’re unable to do right now just because you have to work. 

No matter what you think of retirement in the present, even if you don’t think you’ll want to do it, it’s always wise to prepare for it. You never know if circumstances such as your health or a family situation will make you change your mind, and it’s far better to have plans in place and not need to use them than suddenly find you have to retire and have no idea what you’re going to do. Read on for just some ideas about how you can plan for retirement. 

Work Out Your Retirement Income 

The very first thing anyone will need to do when thinking about their retirement is to consider their income. You might be making good money at the moment, but what about when you no longer work? You might be making only just enough to get by; how will you manage when you retire? Either way, before retirement, it is time to think about this and put some plans in place. 

There are a number of different ways you can work out your retirement income. Savings are good, as long as they are in a high yield account, and investing – although riskier – can work well too. For example, buying annuities online means that you will have something to fall back on. Selling your assets, such as your property, is a useful way to fund retirement, and having a private pension in place is crucial, as this will enable you to choose what income you have and ensure you have enough to live on. Make this plan a priority, so you know that you will be able to cover all your expenses. 

Clear Your Debts Before You Retire 

If you are concerned that, no matter what you do, your retirement income is going to be less than you need, or that it will mean you can’t do all the things you want to do, even if you can still pay your bills, then look at your outgoings now. Are there debts to pay, such as loans, credit cards, car payments, and more? If so, make it a priority to pay these debts off as quickly as you can, without leaving yourself in greater financial difficulties, of course. 

By upping your monthly payments by a small amount, you can shave years off the total repayment time. If you’re unsure, speak to your creditors and find out what the calculations are. It might be that the difference of a few dollars can be all it takes. When you pay off your debts – and don’t get into further debt – your retirement will be much easier to prepare for. 

When Will Your Retirement Start?

If you are working for someone else, your retirement date might be chosen by them; it could be that once you reach a certain age (usually around 65-67), you will need to retire – check your contract to see if this is mentioned and speak to your employer to find out whether this is what they are expecting of you. 

If there is no particular date set, or you work for yourself, then you will have the choice of when to retire. If you are feeling fit and healthy and want to keep working past the ‘traditional’ retirement age, you can. However, having a date in mind will help you prepare financially and emotionally, so it’s a good idea to consider when retirement might suit you.

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Getting Support At Different Times In Life

  • May 17, 2021

People love to be independent and it is a great thing in so many ways and being able to do certain things yourself without the help of others is a great way to live your life and give you a life you can be proud of. You can really get a sense of accomplishment when you are able to do something on your own. There are times in life, though, when it is the smart thing to get outside support and help. Certain situations arise where you need a professional standpoint and some expertise. Here are a few times in life where this may happen. 

Wrongful Deaths

Losing a loved one is difficult enough but when it is due to another person’s careless or negligent behavior can be truly devastating. In a wrongful death accident when someone has passed as a result, family members suddenly suffer the loss of love, friendship, security, guidance and possibly even financial support. All while they are dealing with the grief and emotional toll it takes, the family members need to also focus on moving into the future without someone they are used to having around. During these extremely difficult times it is best to speak to a team of experienced wrongful death attorneys to help you make sense of it all and deal with the legal aspects of the death and looking to get compensation that is so rightly deserved.

Exercise Classes And Your Fitness

Exercise is something where if you don’t know what you are doing it can be really dangerous so it is something you will also need help on in life. Certain exercises are perfectly fine to go about as you please and enjoy. However, there are some different types like weight lifting and yoga, where you need to be careful about how you execute the moves, especially when weights are involved. 

The different types of exercises where form and knowledge are key, and it can make all the difference between fixing an injury and creating one. When you have weight as well, you can really hurt yourself if you want sure what you’re doing or if you’re doing it right, which is why having a trainer or a Yogi, someone that’s experienced in that sector it’s the right thing to do to make sure you do it well and can progress in the right way.

Dealing With Your Finances

When it’s time to deal with your finances, if you aren’t experienced or familiar with the sector, you will want to get some outside help. They are the experts and will know all the different ways on how you can save money, make the most of that money you have and make sure everything is submitted properly to avoid any unwanted fees and charges. Financial advisors are trained in all different types of financial areas. They can make sure you find the best plan for you.

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A Guide To Name Change Social Security In 2021

  • April 23, 2021

Sometimes, change is inevitable, and it's upon you to adopt to whatever situation that comes with it. For instance, getting married involves a lot of social and economic adjustments. The same occurs when you get divorced. For one, you might need to change your names in all legal documents to reflect your current status.

Inasmuch as it may sound simple, the process isn't as straightforward as one would like. Of course, you'd expect it to be quite complicated because it involves a lot of legal procedures and maybe court sessions where necessary. So, what are the steps to be followed when changing the name on a social security card? Read on to learn more!

Gather All The Necessary Documents

As this is a crucial procedure that can affect the lives of many people – not just yours - it's imperative that all facts are collected carefully. As such, the first thing that you should do is to gather all the necessary documents. These will include, but not be limited to, proof of your identity, proof of your citizenship, and proof of name change. Let's have a look at each of them:

Proof of identity

Obviously, any legal body would like to know who they're dealing with. Identification documents may include an identification card, driver's license, or a passport. If you don't have these with you, then you can also use your employment ID, health insurance card, or a military ID.

Proof of citizenship

Once your official names are known, you must also prove that you're a U.S. citizen. The citizenship is considered legal when you provide your birth certificate, certificate of citizenship, certificate of naturalization, or a U.S. consular report of birth outside the country. With any or some of these available, you're set for the next step.

The legality of your new name

The onus is on you to prove that your new name is official and that all the legal procedures were followed during the changes. Depending on your situation, you can provide a marriage certificate, divorce certificate, certificate of naturalization, or the relevant court order.

Do you have everything ready? It's time to move on to the application process. 

Fill Form SS-5

There's no legal process that doesn't involve documentations and form completion. Whether you're applying for a temporary social security card or a permanent one, you'll need to fill form SS-5. Visit the relevant government offices with a filled form attached with all the documents mentioned above. Alternatively, you can download the form, fill and sign it, then mail it to the responsible offices. 

Not sure where to find the nearest SSA office? You can use the SSA office locator then decide whether to mail your documents or visit the office physically. As original documents are needed during the process, it would be a good idea to visit the place so that you can go back with your sensitive documents rather than having to wait for them to be mailed back.

Another benefit is the fact that you'll receive a receipt immediately confirming the changes. As such, you may move on to other steps as soon as you can. However, mailing your documents means you may need to wait up to two weeks for the process to be completed. So, plan your schedule and see which of the two options appeals to you. 

Patience Is Key

If you decide to mail your documents, then you have no option but to wait till the process is done. During this time, don't apply for a name change in any other organization until you receive confirmation from SSA offices. 

If you submitted the documents physically, then it can take up to 48 hours for the changes to be reflected in the database. However, if you're compelled to make changes elsewhere before receiving your card then you can use the receipt. While waiting for the process to be finalized, you can consider finding a financial advisor if you don't have one already. The reason is, these changes may have a direct impact on your economic life, especially if it was due to a divorce. 

Conclusion

Changing your name officially means you also need to make adjustments in various government and private offices. The first place you should start is the SSA office, where you can replace your social security name with the current one. You'll start by gathering all the necessary documents that prove your identity, citizenship, and the new official name. Next, you'll need to fill a form that will then be submitted together with the rest of the documents. Of course, delivering the documents by yourself will definitely make the process move faster as opposed to mailing them. During this time, it's recommended that you don't apply for a name change elsewhere unless it's urgent.

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6 Ways to Achieve Fitness, Work-Life Balance

  • April 18, 2021

Fatherhood when holding a full-time job is demanding. All you'll be thinking about most of the time is giving your family the best, which means working harder and spending more hours in the office. As you juggle between a demanding job and your family needs, you might get lost in between and not prioritize your needs.

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How To Maintain Your Vehicle for Work

  • April 1, 2021

How To Maintain Your Vehicle for Work

Whether you use a company vehicle, you provide company vehicles, or you’re using your own personal vehicle for work, the ways in which you take care of it remain the same. Keeping up with any repairs or routine maintenance will help you reduce long-term expenses. Know how to maintain your vehicle for work to preserve productivity and decrease maintenance costs.

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