The positive aspects the negative aspects of co-signing a loan | Loans Quebec

Co-signing loans is a common practice in the world of finance. In fact, it is an opportunity for someone with a better credit history to help another person who is struggling to get his finances back in order. However, this practice is rather between friends and family members because it niche a very good relationship of trust.

Opinions about co-signing a loan vary from person to person. And that’s normal. If you think about it, by co-signing, you put your name and credit history at stake, and you are now responsible for this loan as if it were yours.

Sometimes, because of a bad credit history, some people can not qualify for a loan they want. That’s when the co-signer comes in. The co-signer uses his good financial reputation to help the other person get his loan.

The positive aspects of co-signing

 The positive aspects of co-signing

1. Co-signing helps a friend or family member get financing

The reasons for asking are many and the majority of them are good: tuition, transportation, housing. If you take away some people’s ability to have a loan, their options become very limited. Seeing his loan application being rejected is a very common reality. However, a co-signer could solve this problem. For example, by making a loan, you can help a loved one pay for school fees, buy a safe car, or even move to a better place.

2. It improves the credit history of both people

In order to improve your credit rating, you need to get a loan, something that can be difficult for some people with difficult financial backgrounds. The co-signer is then beneficial. Someone who has a good credit history could co-sign the loan, which will not only improve the credit rating but also the creditworthiness of the person in need. Moreover, as the co-signer is attached to the first as the main signatory, his credit score increases with each payment made on time.

3. Better interest rates

Unfortunately, people with a difficult financial history have to pay higher interest because, in the eyes of creditors, they are considered at risk. On the other hand, by having a consignee with a good credit history, the person can benefit from the co-signer’s credit rating and thus obtain better interest rates.

4. This avoids the attractive scams of creditors

By having a consignee, you avoid dealing with creditors whose only intentions are not to help you, but to take advantage of your bad credit history. These types of creditors are looking for vulnerable people to take advantage of their lack of knowledge and thus impose extremely high interest rates on them. When a person with a good credit history cosigns your loan, this allows you to get a quality loan from an honest creditor and that will offer you a fair interest rate.

The negative aspects of co-signing

 The negative aspects of co-signing

1. You will not get a material reward

This may be the only reason why co-signing a loan or mortgage could be a bad idea. Indeed, you will have no material benefit as a result of this gesture, you can not drive the car that the person has procured nor live in the house purchased, but you will be responsible for payments. If the person for whom you have co-signed is no longer able to pay, it will be up to you to pay.

2. You are responsible for the loan

If you cosign the loan with someone, you are technically the only reason that this person gets the loan. Your good credit history is the reason why your friends or family member with bad financial history is able to get the loan. If the payments are no longer made, the person with the good credit history, ie you, will be held legally responsible for repaying the remaining debt.

3. You may be refused for a loan in the future

By co-signing a loan today, you may be unable to obtain a loan in the future. Think carefully about your future before signing a loan. You might not think of having a loan soon, but the reality is that you never know what can happen. You will not want to be rejected when you need it.

4. You will have to make the payments

Prepare to make payments at any time. Given that you are responsible for the loan now, you must be prepared to make the payments to protect your credit history. Put money aside in case the other signatory is no longer able to fulfill its commitments.

5. You will have to watch the payments

Even if your friend or family member claims to be making the payments on time, you have to check everything yourself. Failure to check the regularity and accuracy of the payments made is simply not an option. You will have to treat this loan as another monthly bill, so stay organized and ready to pay at any time.

Wanting to help our friends or family is never a bad idea. However, when seeking your financial assistance, think carefully about the consequences. Depending on the situation, the positive aspects of co-signing might outweigh the negative aspects, but the opposite is just as possible. The best solution for both parties is to understand what the co-signature actually entails. Thus, by analyzing the situation carefully, you will be able to say yes to your friends without fearing the impact on your financial life.

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Germany will allow the rescue fund to buy debt from eurozone countries with problems



Image result for germany

Barcelona (Redacción) .- Germany will allow the rescue fund to buy debt from eurozone countries with problems, such as Spain or Italy. It reports the online edition of the British Guardian, Chancellor Angela Merkel shortly allow the use of 750,000 million euros of the bailout fund. the European Financial Stability Fund (EFSF), to buy government bonds affected by the crisis.

This measure is taken in order to drastically reduce the high borrowing costs of Spain and Italy and “prevent the disintegration of the single European currency,” says The Guardian .

The German opposition to allow the EFSF to lend money directly to eurozone countries with problems has been a constant, mainly because of fear that it is Berlin who ends up paying the costs and that Greece, Portugal and Ireland escape the harsh conditions who are bound to receive their respective ransoms.

Different formulas

Image result for european unionThe news in this sense has been repeated since last week. One of the formulas in which the European Union (EU) has been working, and which seems to be the idea accepted by Merkel according to the British newspaper, is that the amount borrowed is not considered a “preferential” debt, since This would imply that the State should pay for its payment before the rest of the public debt that it places in the markets.

For this, the resources should come from the EFSF, the solution accepted by Merkel, because they do not have this condition of preference. However, if the funds came from the ESM (the European Stability Mechanism), which is not yet in progress unless it is ratified by the parliaments of some States, it would have this character of senior debt.

In the search for formulas that minimize the damage that can be caused to Spanish sovereign debt by injection into the European fund bank, the EU, according to EU sources told Efe in Los Cabos, where the G20 summit is held, decision margin is scarce, given that today direct aid is discarded to the bank, and therefore, the injection of resources must be made through the Spanish State. “Spain is the first case that is presented and there are not many options, but we will try to put on the table measures that allow the aid to be relaxed,” said a senior official.

One of the possibilities on the table, said the same sources, is to extend the term of the loan that will be granted to the bank so that the impact on the increase in the debt will be diluted.

In any case, said the same sources, it is necessary to look for a way that “reduces to the maximum” this effect of “contamination” between the aid to the bank and the sovereign debt. Since Spain and the Eurogroup announced a pact ten days ago to recapitalize the bank with up to 100,000 million euros, the markets have put a great pressure on the Spanish debt, which has achieved historical returns in the secondary market.

“I am sure that the market will recognize the effort that the Spanish State is making once the aid is completed,” the senior official said today.
The assistance that Spanish banks will receive would be injected through the Publicly Ordered Banking Restructuring Fund (FROB), because the European Stability Fund does not allow direct assistance to banks but through the States.

This mechanism, in any case, has generated some negative reactions at the G20 summit, given the evidence that aid to banks will have an impact on sovereign debt and will lead to the punishment of markets. This was highlighted on Monday by the President of the European Commission, Jose Manuel Durao Barroso, who said that once Spain asks for the aid, it will be necessary to open a negotiation to find a mechanism that allows the aid “not to contaminate the sovereign debt. ” Spanish.

In turn, the Spanish Prime Minister, Mariano Rajoy, took advantage of the G20 plenary to show his dissatisfaction with the system devised for aid, which he considers “tremendously harmful” because it links banking risk to sovereign risk. Spain negotiated for weeks the possibility that the aid was granted directly to the bank, but it was not possible due to the opposition of some countries, led by Germany.

Today, the German Chancellor, Angela Merkel, said that at the summit of Los Cabos the G20 asked Spain “clarity” on the terms in which it will receive the aid to recapitalize the bank, which is calculated a capital needs of more of 40,000 million. The spokesman for Economic Affairs of the European Commission, Amadeu Altafaj, said today that the possibility defended by Spain of directly recapitalizing the bank “is not something that can be imagined in the short term.”

The spokesman added that the first thing now is to complete the ratification of the treaty of the European Stability Mechanism (ESM) so that it can enter into force on July 9. He also reiterated that the direct recapitalization of entities is not contemplated in the current treaty of the ESM, so we will have to work with what is on the table and think about its ratification before its modification. The help of up to 100,000 million euros to the Spanish banking system by the eurozone will be one of the main topics of the meeting of finance ministers of the Eurogroup to be held on Thursday in Luxembourg.

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Main reasons why people turn to Quebec Loans

At Prêts Québec, our goal is to provide all Canadians, regardless of their credit status, with a wide variety of products related to loans, credit or debts. Whether it is to deal with consumer debts or to renovate your home, Loans Quebec can help you. If you are currently looking for financial assistance, Loans Quebec should be your first stop. To help you answer your questions better, here are the top 10 reasons why the majority of our clients turn to us for financial assistance according to their needs.

To Manage Credit Card Debt

To Manage Credit Card Debt

Unfortunately, credit card debt is one of the biggest financial problems facing most Canadians. There is nothing worse than feeling trapped by past debt. We offer several options to help you better manage your debt and free yourself:

  • credit rehabilitation
  • debt settlement
  • consumer proposals and bankruptcy for more serious cases

If your credit card debt has become far too heavy for you, the first step is to choose the best debt relief solution for your needs. One of our advisors is always available to help you start the process.

To buy a vehicle

Most Canadians need a vehicle to get to work, to help with everyday tasks such as grocery shopping or picking up children. A car is a necessity and Loans Quebec offers financing solutions for everyone. For those looking for financing for something less convenient and more adventurous, we also offer loans for recreational vehicles. Among others:

  • Motorcycle
  • VR
  • Boat
  • Snowmobile

To buy a house

Taking a mortgage from a reputable bank or other more traditional financial institution is a great option for many people, but for those looking for a more personalized experience or simply for reasons of rejection by the banks, we can help you . We can find the type of mortgage or mortgage you need:

  • First mortgage. For those looking to buy their first home
  • Second mortgage. For those looking to invest in real estate walking.
  • Relay credit. Short-term needs, mortgage financing or to help you move from non-viable to viable.
  • Mortgage refinancing. For those who want to tap into their own funds.

To renovate a house

Even the simplest home renovations can cost thousands of dollars. So, if you’re thinking of renovating a part of your home, taking a loan is a great way to finance these renovations. One of the main reasons, other than creating the house of your dreams and enjoying it with your family, is to increase its value by modernizing it. A new kitchen, modernizing the bathroom facilities or a finished basement can give a lot of value to your home and even take advantage of it if you decide to sell in the future.

To organize the wedding of your dreams

To organize the wedding of your dreams

Weddings cost money, especially if you have a long list of guests or have a specific idea of how this special day is going to work. Before you even think of charging wedding expenses to a high-interest credit card, consider a loan to finance your wedding. This option is particularly beneficial for people with good credit, allowing you to get a better interest rate than that associated with your credit card.

To invest in a company

Investing in your own business is a great way to improve your customer base, hire more employees and make more money. Most business owners, whether it’s a startup or a large corporation, need to take a loan at one time or another to invest and grow their business.

To consolidate a debt

To consolidate a debt

A debt consolidation loan is one of the most common ways to help manage out-of-control debts. Quebec Loans can put you in touch with a lender who specializes in debt consolidation. You could as well:

  • Reduce the amount you owe each month
  • Refund your creditors
  • Avoid bankruptcy
  • Improve your credit

Break the cycle of payday loans

Break the cycle of payday loans

The payday loan industry is eating away consumers who find themselves in dramatic situations with nowhere to go. It may be almost impossible to break the cycle of debts that payday loans create. Fortunately, many of our clients have been able to cope by taking a more suitable personal loan that offers them:

  • Payments according to their budget
  • Lower interest rates
  • Better conditions
  • An opportunity to start rebuilding their credit

To help cover the cost of an emergency

To help cover the cost of an emergency

Unfortunately, life is on its way and can sometimes be expensive. A short-term installment loan is one of the best ways to help cover the cost of an unexpected expense. Generally, you will be approved after a day or two, which means that you will be able to deal with your urgent situation as quickly as possible. Here are some cases where an emergency loan can help you:

  • Car problems
  • Unexpected travel
  • Medical fees
  • Property damage

To settle a tax debt

To settle a tax debt

Dismissing money from the government is not pleasant for anyone, especially if you do not expect an invoice and you are not able to repay it. Taking a personal loan to settle your tax bill can reassure you and you will not need any more money from the government.

Are you looking for specific financial assistance?

If none of these options can meet your needs, a financial specialist of your choice would be more than happy to help you find a solution to your problems or a loan to cover your expenses.

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It’s time for cucurbits!

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For days now he did not dedicate a post to praise the virtues of a particular food or his family. And I say well of his Family , from the botanical point of view ( Cucurbitaceae ), since it is home to an important number of succulent, tasty and turgid products that precisely at this time of the year reach their maximum splendor.

To a large extent this entry is dedicated to the spectacular watermelon of more than 5 kilos of which last week we gave a good account in family … I think without a doubt I can say that it was the best watermelon I have ever tasted. So he goes for it.

The family well, thank you

Image result for family happyThere are several species of fruits and vegetables that have a prominent and usual place in our tables, or should have it. Undoubtedly among the fruits include the watermelon already mentioned and melon , and among these vegetables, zucchini , pumpkins (both winter and summer) and cucumber . When we eat any of these foods, we realize their fruits of the berry type or “modified berries” (or pepónide) that are more typical in those species with food interest.

From a gastronomic point of view, they lend themselves to innumerable presentations . Anyway and in the case of fruits, I think you already know my opinion, I am especially in favor of taking advantage of them directly, “without distractions”, it is about having more or less luck in their choice (when they are closed) and apply to them , without more. Without foolishnesses. I already tell you that is my opinion. However, we must recognize the existence of a traditional and simple dish where there are some classic summer, I mean melon with ham . I have an acquaintance who, when eating, feeds every summer melon with ham, and I do not exaggerate a single day. I, however, am more than … ham on one side and melon on the other, especially when these are especially famous. Now, about tastes there is nothing written. Some more modern recipes include any of these fruits in starters and main dishes … in my opinion and on paper (without having tried them) a little to the force . In this link you have a few and also in the always recommended blog ” Direct to the palate ” you can find no little inspiration with these fruits as ingredients.

In the case of the vegetables of this family the culinary fan literally spreads . From hot preparations as a garnish, on a skewer, to the oven, sautéed; in creams, purées and puddings, both cold and hot … not to mention the possibility of preparing one of my weaknesses, the refreshing Tzatziki sauce of Greek origin, made with yoghurt and cucumber and a perfect alternative to the everlasting (and to my tiredness and empalagosa) barbecue sauce when various grilled dishes are prepared. Here is a recipe for this pleasant accompaniment.

I do not know what you are waiting for, I would run to the nearest market and I would be ready to enjoy this wonderful summer still life that the Cucurbitaceae family offers us. The recipes come in handy from time to time, but they are not indispensable either … especially when the product is as ready as it is now … who can resist a fresh cucumber dish dressed with good extra virgin olive oil and a pinch of salt right after returning from riding a bike, or running or just after a hot day?


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Domínguez-Gil: "We work on using animals as incubators for human organs"

   Very honest, with a feeling of certain vertigo but quiet. This is how Beatriz Domínguez-Gil felt when she was informed that she would be the replacement of Rafael Matesanz at the head of the National Transplant Organization (ONT) . He knows that he has the responsibility to maintain, and even surpass, the level of excellence considered to be the jewel in the crown of Spanish healthcare, but having a very cohesive and experienced team gives him security.

This Galician, born in 1971, has a degree in Medicine and Surgery from the University of Salamanca and a specialist in nephrology. She has been a member of the ONT since 2006 and is the author of more than one hundred publications in national and international scientific journals and book chapters.

Where does the interest in this branch come from?

Where does the interest in this branch come from?

I was a precocious lover of nephrology. I fell in love during the race because I had some teachers who got me to like it a lot. I made the specialty on October 12, Madrid, a hospital especially active in the field of donation and transplantation, and very quickly I was attracted to the world of kidney transplantation, not only for its technical aspects but also for the humanitarian part and all the science of donation. Then I came to the opportunity to work at the ONT and I have been addicted to this area of ​​knowledge for many years.



How do you innovate in a field in which you are a leader?

How do you innovate in a field in which you are a leader?

There is a quantitative and a qualitative innovation. We are working on consolidating lines such as the collaboration with the Emergency Services and the donation in asystole, which allow us, to the same number of donors, to increase the number of transplants, but also in the use of organs from elderly donors, each time with best results. On the other hand, innovations in other therapeutic areas can open new ways of donation. Advances that have been made, for example, in the treatment of hepatitis C, raise the possibility of using donor organs that are positive for the virus in negative receptors. We also want to emphasize pediatric donation. By 2022 we plan to reach 50 donors per million population and increase the transplanting activity by 10%; get closer to the 5,500 transplants. And then there are the qualitative improvements. With the ONT Digital Plan we want to work with all the information currently available and use it to improve the results after the transplant.

What would be the most immediate steps?

What would be the most immediate steps?Implement the strategic plan of the ONT for the next five years, with the lines of work mentioned above, and as something more innovative, focus on how we will develop cell therapies especially in the coming years, how we can reach make advances in this area more achievable to citizens and in a sustainable way. We also intend to consolidate our system and our IT structure to accommodate and exit all aspects and projects that we have in progress.

What do you think when you hear about head transplantation?

Life resides in the brain. If something is transplanted, the body is transplanted. I think he has many practical and ethical considerations that put him in doubt. All the great geniuses were called crazy sometimes, but I think that today is not feasible.

What possibilities can science offer that are considered fiction today?

<strong>What possibilities can science offer that are considered fiction today?</strong>

A line of development that has a certain size but that still seems to us to be science fiction could be the construction of bioartificial organs. Not only would it address the shortage of organs for transplants but also the issue of rejection, because they will be built ad hoc with cells from the recipient. On the other hand we have the line led by [Juan Carlos] Izpisúa to use large animals as incubators of human organs. They are very advanced and very attractive work lines. I do not know if they will arrive at the clinic or how long it will take. If we were to arrive, we would have to value sustainability. Can we build organs sine die, how many, how much would it cost?

Recently the ONT has signed an agreement with India. Are there more planned?
We have some in line with smaller countries. Basically we lend our knowledge when it comes to building a solid model of donation and transplants. Many times these agreements have resulted in the literal copy of the Spanish model successfully. One of the most paradigmatic examples is that of Croatia. In other countries, not all elements are reproducible. But whenever we copy one we see results. With our cooperation, recently Canada, Australia or the United Kingdom have seen a very important increase in their donation figures as a result of incorporating the figure of intensivist in the process in a very similar way to what has been done in Spain.

Spain does not have an organ trafficking problem, but you are very involved in this issue internationally. What measures are necessary?

<strong>Spain does not have an organ trafficking problem, but you are very involved in this issue internationally. What measures are necessary?</strong>

We have always based the fight against organ trafficking in sharing our good work. If we have a solid donation and transplant system, there are no desperate patients trying to find an organ on the black market and as a result the exploitation of a vulnerable person in other countries of the world. Now, when the practices occur and are detected, we believe that there must be a commitment from everyone to fight against this type of practices, notifying the cases and pursuing them adequately, giving us all countries a similar legislative framework. This is what we have tried to promote through the Convention of Santiago de Compostela or in the agreement of the European Council in the fight against organ trafficking.

Is it a problem that goes further?

Is it a problem that goes further?

I do not think so. Unlike. In the European environment in particular, thanks among other things to the actions that have been developed in the Council of Europe or in the EU and in each of the Member States, the control of all the donation and transplant activity has been greatly strengthened. . Now, outside of Europe, yes. There are certain destinations that we know have serious problems. What we are achieving is a growing international awareness to identify those countries and ask for explanations for them to take action.

Which are?

In Asia, Pakistan, India, the Philippines; in North Africa, Egypt; some countries in Eastern Europe and some in Latin America. But it is the rich countries, the transmitters of tourists of transplants, who also have to assume responsibilities. There has to be a case identification system that seeks to investigate what has happened and try to identify intermediaries and professionals who are participating in this type of practice to end them.

With what figures will the year end?

At October 31, the increase in donation and transplantation activity was approximately 7%. In some transplants, such as lung transplants, we exceed 17%. If we continue like this, we could end the year with more than 2,100 organ donors. We could place ourselves in more than 45 donors per million and I think we will surpass 5,000 transplants.

Do you see the need for the non-donor register proposed by Compromís?

Do you see the need for the non-donor register proposed by Comprom&iacute;s?

No. First because there is already the register of anticipated wills, through which any citizen can express their wish. Secondly, because we always talk to the family in order to understand what was the intention of the deceased if he has not left it expressed in some document with legal validity. Applying sensu stricto the presumed consent law proposed by Compromís could be perceived as an attempt to control organs by the Government, which would probably have a very negative impact on the consideration of donation by citizens. How we do it works very well. 85% of families say yes to the donation. There is no country with consent rates like ours.

If I had to put a but, what would it be?

The most complicated transplant is the cardiac one. Our potential donor is increasingly greater and one of the organs that most affected by aging is the heart. I am particularly concerned to see how to increase the availability of hearts for transplant in general and for children in particular. A heart transplant program for very young children is already underway in Spain, which we believe will lead to the first transplant in the short term.

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Hexagonal sea water or how to dupe at the expense of autism

As autism is greatly provoked by the heavy condensation of heavy metals such as mercury, which de-structure water, we will create a bio-structured structured water with the original DNA code and add serotonin and melatonin by vibrations, along with some other frequencies and codes Numerical healing

Stop fraud

I recognize that never in my life have I seen a greater number of memeces in so little text . It is, as far as I am concerned, an embarrassing and fraudulent record that uses the anguish of families that have some of their members within the so-called autism spectrum disorders. I say fraudulent and not hilarious, because as I suppose, the proposed remedy will have a cost even though there is not the slightest handle for this healing approach.

Apparently this company, VedimCuántica , who is so grateful for the alleged assignment that has made ” an association of parents of autistic children ” (whose name or web page are careful not to mention) to give them some assumption remedy, has decided to put science by montera (something that should be given very well to judge by the product line that markets) and exploit the weakness of the relatives of this group.

  • Is autism caused by the condensation of heavy metals like mercury ? Condensation … what condensation is that … in the windows, in our retinas …?
  • That condensation that we do not know where it takes place … the water destructs ? Besides, what water … our aquifers, our bodies …? The sea one perhaps not?
  • What is that of “creating” a water … structured … bioninformada? Bio-informed water ? Wait, wait … water with DNA ? This is a shamelessness that increases as words are added … one by one .
  • Add serotonin and melatonin by vibrations ? What form of adding anything is that? and the last thing, what is that of adding frequencies and numerical codes of healing at the same time ? the water?

Although I can not find the joke anywhere , the funny thing is that, as you can see, this alternative therapy junk combines absurd concepts that already existed separately, and those that some of them have already realized in this Blog. I am referring, for example, to hexagonal water , the marvelous properties of seawater and the frequencies or energies of healing .

I imagine how ridiculous it is for these gentlemen of VidimCuántica that I leave here evidence of how complicated it is today for the scientific community to establish both the causes of autistic spectrum disorders, as well as to test the validity of the very diverse therapies and treatments that often arise in this framework. However, for other readers I will say that the origin of the causes of this type of disorders remains largely unknown, noting that apparently there could be both genetic elements (inherited and not) and lifestyle that could condition it. Thus, as recognized and synthesized by the Center for Disease Control and Prevention (CDC nortamericano):

T odes not know the causes of the disorders Autism Spectrum (TEA). However, it is known that there are probably different origins behind the, in turn, multiple types of ASD; and include environmental , biological and genetic factors .

In fact, this same body warns about alternative therapies (including this is mentioned today

In fact, this same body warns about alternative therapies (including this is mentioned today

To alleviate the symptoms of ASDs , some parents and health professionals use treatments that are outside of what doctors usually recommend [standard doctors understand, because everything is in the Lord’s vineyard] . […] These treatments are very controversial . However, the current reality shows that up to a third of parents of children with ASD may have tried some of these alternative treatments , and up to 10 % may have used a potentially dangerous treatment . So, before starting a treatment of this type , observe it with a critical eye , and discuss it with your doctor .

I think that if our authorities do not intervene in things like this, it’s like going to live on a desert island. And it is dangerous or not (that would be to see), which is not the slightest doubt is that, in my opinion, it is a fraud with all the letters.

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Ask your parents these monetary questions without delay

Image result for ask parentsWhen you are young, eager to succeed and try to pay for everything, it can be just as important to talk to our parents or guardians about financial issues as talking to a professional advisor. Like you, your parents have gone through many trials and errors towards their financial stability. Everyone makes mistakes and if they are mature and responsible, your parents will have learned from them. They will also probably have some solid advice that you can benefit from.

So, if you plan to make changes to your bank accounts, start investing, or make other important financial decisions, it may be helpful to have your parents’ opinion. Not only will they appreciate that you approach the subject with them first, but they might even give you hints of a financial advisor, a banker or an investment broker will not know how to give you. After all, despite their good advice, the financial experts are still trying to get you in business. However, your parents do not expect anything from you.

Have you ever been the victim of identity theft, fraud or fraud?

Image result for identity theft This is one of the most important questions to ask your parents. Regardless of the financial decision you make, especially for major expenses such as mortgages or car loans, it is essential to keep in mind that someone will benefit in some way. The problem is that there are many crooks who attack uninformed people who steal their money and personal and financial information. Everyone has access to a computer, so it’s easier for crooks to do it. Unfortunately, these crooks and identity thieves have been around for a long time, even before your parents were born, and they will still be there. So it’s time to ask your parents if they’ve ever made bad investments, or if they’ve been cheated in one way or another (identity theft, credit card fraud etc.) Some Parents will have had the chance and intelligence not to have been scammed, but know that crooks can also be very smart and make a living by stealing hard-working individuals. If one of your parents has ever been a scammer, do not judge or make fun of it, as it happens to even the best of us. Instead, you should learn from their mistakes and use their experience to act judiciously when it comes to financial transactions.

Where and when should I invest my money?

Another question with lots of possibilities. You will certainly benefit from asking your parents what their investments were, good or bad. Nowadays, there are a number of different investments that can make you spend a lot and empty your bank account. If your parents seem to be in good financial health, they are likely to have made good investments. Many parents have invested in various companies (or theirs), perhaps with precious metals, oil and gas stocks, and so on. Since the stock market fluctuates regularly, your parents can also advise you on the best times to cash in your investments.

Investments are certainly not limited to stocks. One of the first things your parents and most financial advisors will tell you about RRSP accounts and mutual funds. They will also probably tell you to start contributing as soon as possible to your RRSP, and how much money to put in this account regularly, compared to how much you should deposit in your checking or TFSA account. You can also ask them what is the risk level of their mutual funds and how much they tend to get in exchange for the money they have invested. You do not have to take the advice of your parents on the amount and where to invest your money, but you should at least listen to them.

Should I have a credit card or other service?

As soon as you open your first account and start making regular visits to your bank, you will inevitably encounter cashiers and salesmen who will try to sell you their products. These salesmen have a quota to fill, you are a customer and they need to meddle in your business. One of the first things they will try to sell you will probably be a credit card. It’s their job to offer you offers, credit limits, all the perks to surround you. In addition, the reality is that nowadays, credit cards are anything but essential. In fact, prudent use of a credit card or other financial product is a good tool for establishing a strong credit rating.

Since your parents are likely to be in the same bank as you, it may be helpful to ask them what products they use and if they find the products useful or not worthwhile. Some credit cards come with an annual fee, and your parents might discourage you from getting them. Or maybe there are places or stores where they can buy rewards and travel points. They can also tell you if it is better to go to your bank or another type of lender for a loan and which place offers the best interest rates.

How much money should I save / spend and where should I keep it?

 <strong>How much money should I save / spend and where should I keep it?</strong>

Your parents may have questioned you at some point about your money and what you did with it. This will be especially common when working at hourly rates than at a more reasonable salary. It’s important to save for the future, so when your parents see you spending money on things they see as a waste, it’s probably because they’ve got themselves, at some point another, spent a similar amount “needlessly”. Even though the board may seem impertinent for the moment, you’ll find that sooner or later, when you realize how good it is to have money in your bank account, your parents were right. Thus, to know in which bank accounts they put their money. You can also ask them if the bank fees they pay are standard, and if the services they receive are worth it. They could also tell you how much of your salary you should put aside, maybe even teach you the benefits of savings and automatic payments, and the importance of having an emergency fund.

What types of expenses / taxes do you have to manage as an owner?

 <strong>What types of expenses / taxes do you have to manage as an owner?</strong>

One of the most important things you should consider when you’re young is how much it costs to own. Property taxes, mortgage repayments, interest rates, unforeseen emergencies, repairs, etc. Getting advice from your parents about buying their first home is so priceless. You can also ask them questions about the Canadian Home Buyers’ Plan and whether they have chosen to pay for their down payment instead of withdrawing money from their savings account. The process of becoming a homeowner will have taught your parents much of the knowledge they have and use today, so they are probably a good boss figure with whom you should discuss when buying your first home.

After my birth, did you live with one income?

 <strong>After my birth, did you live with one income?</strong>

Here is a common problem when two people decide to have children. Whether the mother or father stays home until the child is ready for the daycare, someone has to look after you while the other has to pay the bills. If you are thinking of having children someday, ask this question to your parents. Just like becoming a homeowner, living on one income as a child will have taught savings and budgeting to your parents. Lessons that they can now pass on to you. Children are a big responsibility, both emotionally and financially, so it’s important to know all of these things before you make the decision to have one.

Have you ever had serious debt problems, bankruptcy or deal with a collection agency?

Here’s another topic you should discuss with your parents with care and respect. Their debts could be an embarrassing subject and they may not want to admit the problems they have had. Nevertheless, you may find yourself with similar problems during your life, so it is important to ask questions about it to your parents.

Feel free to ask them if they have ever had serious debt problems, go bankrupt or deal with a collection agency. If so, ask them how they came out of this financial stalemate. Debts and bankruptcy can certainly affect your finances and credit, so you should discuss it with your parents in any case.

Do you have enough money to have a comfortable retirement?

 <strong>Do you have enough money to have a comfortable retirement?</strong>

Whether or not your parents have a high income until retirement, know that they have probably sacrificed a lot to make sure you have a happy and healthy life. So, when they reach retirement age, you should make sure they have the financial comfort to do it.

After having one or more children and a mortgage, it is often difficult for many parents to retire at the age they expected, even with benefits such as the Canada Pension Plan. Moreover, it is useful to ask them how the CPP works and whether or not they are eligible. This is a good time to also ask them how they manage their RRSPs, since they represent a good percentage of retirement. It is good to have a vague idea of ​​how much they have deposited in their accounts on a monthly basis since how many years they are saving to have enough money by the time they retire at age 65.

What is your greatest achievement?

When asked what is their greatest accomplishment, most parents will of course say “you”. What they do not explain is the path they followed to make sure you had everything you needed to make your life. As mentioned above, your parents’ advice can be just as valuable as that of a financial advisor. Talk to them about monetary matters. Whether they talk about it regularly or not, the majority of parents simply want their children to succeed, and to have children in turn. So, whatever advice they give you, these will be good for you and your own children.

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3 commissions that you can save on your credit card

Image result for small payments

If you want a cheap credit card, or you already have yours but you suspect that you could pay less than what it costs you now, this article interests you.

Remember that whenever you acquire a credit product, for example, a credit card, there are cases in which you can voluntarily or involuntarily incur, causing administrative expenses that result in charges called commissions.

However, there are several credit card commissions that you can save yourself if you know what they are about. Here we explain how to avoid 3 basic commissions:

# 1 Annuity

Image result for credit card

This payment, in theory, gives you extra benefits to the basics of your credit card. For example, if you are very interested in the points program, travel insurance or restaurant discounts, your annuity payment ensures you the right to have them.

In other words, most of the additional benefits are covered by the annuity payment, which functions as a kind of membership.

How do I save? There are credit cards that do not charge an annuity for life, with use at least once a month. Keep in mind that you will enjoy fewer benefits, but if you value more than all the savings, it is an interesting option.

In Mexico, some cards that do not charge an annuity for life are: .BBVA Bancomer Azul, HSBC Zero and Banorte Clásica, among others.

# 2 Additional

The additional credit card is a plastic that depends on the main credit card or account holder. Being an extra card, the owner can access the line of credit of the owner and this, in turn, is responsible for the generated debts of the owner. These cards are a good way to control the spending of a third person, for example of children, direct family members and even couples who want to share expenses.

How do I save? There are also plastics that do not charge the procedure (and in some cases handling) of additional cards to the account holder. In our country several banks issue additional cards at no cost, some are: American Express and HSBC.

# 3 Cash withdrawal

Related imageWhen you withdraw money from the ATM with your credit card, either within the same bank, or in another, and / or from a bank abroad there is a charge or commission that most of the time goes from 10 to 40 pesos, according to the bank. The disposition of cash from an ATM is one of the most expensive commissions paid by cardholders, since this withdrawal counts as “borrowed” money.

How do I save? Cards already exist, they do not charge commissions for cash withdrawal at ATMs. Eye: there are restrictions, for example, you should use the plastic certain times in the month and of course, have your balance up to date. Two examples of cards that exempt you from this commission are Santander Free and HSBC Zero.

Do not forget that the commissions are those charges that certain banks or financial entities charge you, regardless of the interest, and they must be well specified in your contract from the beginning; Avoid surprises and check before signing!

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Married: There are no prison benefits for those who do not repent

&nbsp;There are no prison benefits for those who do not repent

“And that they have not collaborated in the clarification of the 300 crimes that remain unpunished and that are not even helping to establish an account of the defeat of terrorism in which there must be victors and victors,” Casado said in statements to reporters in Santa Pola (Alicante).

“They can not count on us (in the Government’s prison policy), because we think it is a consideration for a shameful censure motion,” he said.

The leader of the PP has said that “the losers are the terrorists, who got nothing to kill and nothing they will get for not doing it, and the winners have to be the victims of all Spanish democracy, in which the pillar is the dignity, in addition to the construction of an exemplary freedom system “.

Casado has made these statements during his visit to the town of Santa Pola in Alicante, where he has come to pay tribute and deposit a bouquet of flowers in a monolith in memory of the two murdered, including a girl of 6 years, by ETA in a attack against the house-barracks of this fishing village on August 4, 2002.

In reference to the Government, the popular leader has asserted that they will not “support this anti-terrorist policy” and that they oppose “frontally the approach of ETA prisoners to the prisons of the Basque Country.”

Thus, he has stated that “we thought as remembered the MEP Carlos Iturgaiz, that the two people who were approached yesterday are those who had planned his murder.”

For that reason, he has called it “regrettable that it has to be Carlos Iturgaiz who has to go to the Ministry of the Interior to say, ‘Excuse me, do not lie: I have not been asked for forgiveness or even clarified the plan with which they tried to assassinate me and they have not even collaborated in solving the murders that they perpetrated, ‘”he stressed.

“We saw him with Santi Colts and I already said from Vitoria that we were not going to tolerate any homage, and they were made.” They received with posters in their town a bloodthirsty criminal who murdered 38 people, without any regrets and with guile in the trials, (in which he said) that he was very happy to have done it “, he assured.

“We ask the government to be consistent with what Spanish society is asking for, to be loyal to what the majority parties ask of us and not give in to the blackmail of those who supported him in the motion of censure. batasunos, nor the PNV, “remarked Casado.


He also stressed that the terrorist group ETA “has been defeated by the police,

He also stressed that the terrorist group ETA "has been defeated by the police,

the Civil Guard, the Spanish society, judges, international cooperation and the closure of funding channels, but without asking for anything in return, so the we can not accept prisoners’ approach “.

He also made it clear that “we do not accept that the delegate of the Government in the Basque Country tell me not to bother, do not bother in this process and put us aside.”

“But I am very sorry, because the PP is based as a fundamental pillar in the victims of terrorism, and it is not that we bother, it is that it deeply annoys us that there is a cession to terrorists and that, nevertheless, it is not close to the victims of terrorism, which is where we try to be, “he underlined.

Casado has been accompanied in Santa Pola by the Secretary General of the Popular Party, Teodoro García Egea; the spokesperson of the PP in the Congress of the Deputies, Dolors Montserrat; the president of the PP in the Valencian Community, Isabel Bonig, and the mayor of Alicante, Luis Barcala.

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World Diabetes Day: protect our future

I am in front of a press release about the commemoration

I am in front of a press release about the commemoration

the World Diabetes Day that is celebrated today and that the homonymous Foundation has sent me. Both institutions are promoting this day in Spain. The data with which this press release begins are frankly impressive … Dantesque, you can believe me. But for once, we’ll see what the thing ends, I will not quote … and it will not be because I believe them or I do not seem illustrative of the ugly situation in which diabetes has against the sword and the wall to a very good part of the world population including Spanish. No, it’s not that.

He spoke the other day in this post that should review the Public Health strategies leading to changes in habits and that the use of clearly negative or frightening messages may not be the best strategy for change . That is why, faithful (at the moment) to this new tactic, I only intend to speak positively. In any case, if you go the roll of huge numbers to get scared about what we are currently living and we will live according to most of the forecasts about diabetes, you can get an idea by following this link .

So unlike infectious diseases, and without missing the importance of genetic issues in the development of diabetes, it is necessary to be aware and act knowing that this pathology, especially type 2 diabetes, can be prevented and control their complications (once they have debuted) from an adequate diet and a correct pattern of physical exercise adapted to personal circumstances. All this without doing, if appropriate, the pharmacological or hormonal treatment … but in that order: first the lifestyles and then, and if that, the medicines .

It is paradoxical that despite the fact that all absolutely all

It is paradoxical that despite the fact that all absolutely all

health professionals attribute to food an indispensable role in the prevention and treatment of this disease, from the public health sector, the most appropriate professional who could intervene in feeding this group of patients (and the healthy population in order to prevent).

In this sense, type 2 diabetes could to a certain extent be prevented with relatively simple strategies regarding lifestyles and diet. It is in this place where the dietitian-nutritionist as an expert in food, nutrition and dietetics, could and should contribute effectively. However, as protest points out   The Official Association of Dieticians-Nutritionists of the Balearic Islands in this press release : “no [public] health center in the Balearic Islands has dietitians-nutritionists

And as far as I know in any other part of Spain, it is in the same situation (and if there were exceptions, it would do what is already known about it: confirm the rule). That is to say, there are no dietitians-nutritionists neither in primary care nor assistance to give the best answer that this type of patients (or any other) deserve in order to intervene in their diet for health purposes.

 the statement of the Balearic School continues

&nbsp;the statement of the Balearic School continues

The inclusion of the dietitian-nutritionist in the different areas of IB-Salut [or any other health administration] , is a necessity for the improvement of the health care of the population in general and of people with diabetes in particular. This incorporation should be done within the multidisciplinary health care teams, based on the key role of the dietitian-nutritionist in the promotion, prevention, treatment and rehabilitation of prevalent diseases, benefiting individual and collective health and collaborating in the provision of care quality and effective equality .

Was it not about protecting our future (in line with the motto of this edition of World Diabetes Day)? Well, gentlemen! to see if we take a little seriously the matter of having the right professionals for public health in the field of food and stop dizzy partridge . Because if I may, I have to confess that I have heard very coarse from the mouths of other health professionals when making recommendations for diabetes at the dietary level. Starting with some pearls of the press release offered by the SED (and which I prefer to ignore). I will not be the one to ensure that having graduates in human nutrition and dietetics will be a total guarantee to definitively outlaw such nonsense, but I want to think that the odds would be lower.

I think it is necessary to remind those who are interested in these matters (Ministry of Health, Autonomous Departments in the same line, responsible for care centers and primary care, etc.) that Spain is the only country in its environment that does not have dieticians-nutritionists in its portfolio of professionals within Public Health . I’m not saying that diabetes will end with them, far from it, but of course the likelihood of offering a better quality of care and obtaining a saving of resources will be greatly benefited.

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