How to avoid getting into debt

Nowadays, the main source of debt creating is usually considered in the usage of credit cards and people who carry credit cards are on risk of indulging in debt. Consequently, when you use the credit card, you have to face many sacrifices to re-pay the dues against the usages you made. To use the credit card rationally, there are some tips which can be helpful for controlling credit card debt.

1.    Maintain an emergency fund

Usually you generate credit card debt for major car repairing or medical expenses. Due to having no savings, you find no way instead of paying from credit card. In this situation, an emergency fund doesn’t let you utilize your credit card.

2.    Charge as per your affordability

Whenever you go for shopping, first see your affordability for the good you want to purchase. If purchasing the good on cash looks unaffordable, then don’t purchase.

3.    Unnecessary transfer of balances.

Stop balance transferring from card to card for avoiding due dates. If there is a lower interest rate in transferring the balance then it looks that you are going to take the benefit of it. Otherwise, this practice only decreases your balance due to balance transfer fee.  

4.    Don’t skip payment of credit card

Paying regularly to credit card is the best way for avoiding its swelling. Once you miss your payment in any month then for next month you will be burdened enough for paying two months amount along with late fee charges. In this drastic situation, you may use another credit card as to making both ends meet.

5.    Pay full balance on monthly basis.

For avoiding credit card debt, paying off credit balance on monthly basis looks appropriate. In this way, you don’t have burden of balance and also eliminate the risk of getting into the credit card debt. Having paid full, you do never worry about minimum payment and this practice also shows that you spend rationally, allowing yourself only to purchase what you can afford.

6.    Know the signs of credit card debt.

Most often people don’t pay attentions on the warning signs of credit card debt and keep using the card and consequently cross the limit. Recognizing the signs of credit card debt timely, gets you stop using it further and you get away from going into debt altogether.

7.    Abstain from cash advances.

When you pay cash using your credit card, you may face troubles in financial matters. Instead of that, withdrawing cash from bank for this usage would be a rational choice. As the cash advance is the initial stage of credit card debt. So working on fixing budget for creating an emergency fund is a good practice to abstain from cash advances.

8.    Don’t lend your credit card.

When you give your credit card to anyone for using, he may use it extravagantly and it means you will have to pay for the debt for your not making expenditures and ultimately it will suffer you with the credit card debt.

9.    Apprehend your credit card terms.

Get full apprehension of credit card agreement and pay full attention on how interest will be applied and when you will be charged a fee. Knowing about these features of your credit card will make you fully aware at the time of using your credit card.

10. Keep your number of credit cards in limit.

The more credit cards in numbers you have, the more charges you will have to bear for them. Don’t try to temper yourself that you have thousands of dollars available in your credit cards. Eliminate the number of credit card to avoid the credit card debt.

CoSpax - A Shared Working Place

Idea of co-working is getting famous nowadays due to its innovative and collaborative aspects in work usually in modern world. So, this concept ignited to work in shared manner for getting inspiration, motivation to those who are energetic and passionate co-workers. Looking this trend of modern world, a young and energetic businessman named Waqar Abdul Ghaffar formed a company to materialize his dreams for establishing a combined work place for startups, entrepreneurs, freelancers, and companies having the motto “Be your own boss” which enhances the craving to work. On Saturday evening, I visited to CoSpax in a bloggers’ meet up where I was very much impressed to see such a great setup which was of state of the art type creating an atmosphere of collaboration. 

Why CoSpax?

Cospax’s infrastructure is tailor-made according to the need of freelancers, entrepreneurs and companies where they unleash their potential and the very idea of CoSpax was coined by TPLEX which has an experience of several years in the Tech and business industry. CoSpax is equipped in such a manner where professional meet ups, interactive space for visiting members and ideal networking facilities are available on very affordable price. The facilities provided here are in such a perfect manner that one cannot help achieving the goals what one has set for his progress. During sighting the office in details guided by an official person, things behind the scene were apparent were no doubt but dedicated, tireless efforts of the CoSpax team.

Packages available at Cospax.

1.      Hot Desk: A sociable shared co-working space in shape of reserved desk space.

2.      Private Desk: A sociable shared desk with the facility of lockable storage facility.

3.      Private Office: An entire room dedicated for business containing two desks and six seating arrangement.

4.  Along with above, meeting area, event hall, leisure area, multimedia/high speed internet facility and coffee/tea etc.

For more information visit at:

Website: https://cospax.com/ 

Facebook: https://web.facebook.com/CoSpax/

Vote Casting - An Important Responsibility

As soon as elections are coming nearer to country, the heart beats of inhabitants are getting increased. Its basic reason is that one who has a little bit pain for the country, for him the integrity of Pakistan is such a duty for that everything can be sacrificed.

The right for voting and its correct usage is a compulsory obligation. Allah ordered “verily, Allah orders you that give mandate to right persons” Due to this reference, its correct use is compulsory. Because vote is a kind of testification what you cast for any candidate. Allah says “And you don’t hide the testification”

The majority of public know that vote casting a worldly matter and it has no concern with religion. This is the consequence of distance from the religion. Because by not casting the vote or wrongly casting the vote may get selected a wrong leadership, for whose we will be responsible equally. Therefore, casting the vote and its correct usage is a religious responsibility.  

In Sura Tauba the characteristics of those people have been defined who are able to lead any society. Whenever we cast our vote, then we should have the saying of our Prophet Muhammad (PBUH) in mind, who says“Your best leaders are those, to whom you love and they love to you, to whom you remember in you prays and they remember you in their prays and your worst leaders are those, to whom you hate and they hate you and on whom you send your curse and they send their curse on you.”

The situation of country is before us. For this account, we all should take care of our responsibility and select to that candidate who is pious, honest, sincere, country lover and well-wisher of common men. His manifesto should be in favour of islam, muslim and nation and not against the quran, sunnet and solidarity of country.

The story of encouragement - Farida Kanwal

Farida Kanwal reached to busiest city Karachi from calm and quite valley of Hunza when she was only two years old. Hunza – a mountainous valley – at the extreme north side of Pakistan, where her family lived in a remote village. Farida’s mother sought good education as the only solution for getting prosperity and decided to leave the family home and shifted to Karachi for giving her daughter a promising future.

           

           

 “My mother struggled a lot,” admits Farida. “She wanted me to do better than others. She had differences with her own family over the move, but her brother supported her and that made all the difference.”

Aga Khan Gymkhana Karachi enrolled her and she did her Intermediate from DHA College. The sheer encouragement from her mother made her take the graduating degree from Sir Syed University with major of computer science.

 

           

Farida and her colleague named Muhammad Zubair strived to develop a school project into an App, but couldn’t be successful. In this situation, Muhammed Zubair suggested to get job which Farida refused as one should create jobs rather than only picking jobs and advised him to take another attempt.   While they were busy to find new ideas, one of their friend had a concern to know full about his son’s school activities. As Farida had an experience of teaching in a school and was well-known about the problems arising in day-to-day school management. So, she decided to work on an App made for school systems. Queno came into being when their another colleague named Mudassir Khanani joined them.

           

 

           

Queno is an innovative mobile App that controls much of the teacher’s manual work, from attendance and test diaries to the test calendar. Due to having access the information, parents are well aware about their children’s actual activities and positions in their schools. Customization in App according to school needs can also be done. Farida claims “Queno is all you need in one application,” and “We put a school into a mobile App.”

Before any school tries their system, the partners had to approach several schools for this purpose. “It was difficult in the beginning to change mindsets,” admits Farida. “The teachers found it difficult to switch over from a manual system, but we gave them hands-on training for a month, and they caught on. Now, they say the system saves time and is more efficient.”

 

           

A good market is available here,” says Farida, “but, we were not aware to align until we were chosen for an incubation programme managed by Karandaaz Women Entrepreneurship Challenge at Invest to Innovate  (i2i). The Karandaaz intervention gave us mentors to help with marketing techniques. We met investors and changed our business plan.”   

The participants went outside their comfort zone though this programme, as sessions in Lahore and Islamabad, and a network started to form into place. Queno added on schools in Islamabad on client base that had been restricted to Karachi only through this network. As Farida did never travelled outside from Karachi so this experience proved to be a game changer. “The not only pivoted our business plan,” affirms Farida “They changed my personality.” As once she was so shy even for a group presentation now a smiling, calm young lady having details of her business at her finger tips.           

           

She analyzes that Queno’s founders instead of being technical experts had not business acumen. “Investors would ask for our accounts sheets,” she adds, “but we didn’t have anything to show.” All of changing shown when the incubator gave Queno a virtual CFO. Farida and Zubair learnt to make accounts sheets, evaluating the company and setting expenses against incomes. After getting the sufficient informations, they started to concentrate on growing their business. At the moment, there are three fulltime and two part time employees in Queno except from their founders. Farida desires to enhance her marketing network and add members to her team. That way, she declares, “More people will learn new skills, and become familiar with the needs of that she took the right decision,” utters Farida, “She brought me up to be strong enough to manage my own business and my own life.”

Global Food Crises

The Food Crisis Is Being Sighted Globaly And Has Been An Alarming Issue. The Govt. Should Make A Concrete Policy Regarding Coping With It. 

In My Opinion, These Steps Can Be Taken As Initial Precautions:

1. First We Should Have The Food Reserve Sufficient For Five Years As It Has Come To My Knowledge The Some Countries Such As China Store Thier Food Grains For Ten Years.
 
2. A Survey Should Be Made At The Govt. Level To Find Out The Idol Lands Where The Cultivation Could Be Done And All Necessary Amenities Should Be Assured Possibly Reached There. 

3. People Should Be Given The Messages Through Media To Develop An Awareness That They Don’t Waste The Food Items As Usually Is Seen In The Events Of Marriage And Other Functions And Also The Food Is One Of The Best ‘Naimat’ Which Should Not Be Wasted Recklessly.

How To Improve English Speaking

English is an international language and now has been become the only approved language of the world. Through it one can easily explain to the people most often in the entire world. So, keeping this importance in the view, it looks mandatory that without having sufficient knowledge/grip over this language one cannot excel into the fields of education and business. Because only the good grip over the English language gives the surety of success in the present world. Now, question arises how we can improve our English speaking capability. For that purpose I have some suggestions which as far as I think will not only increase our English speaking capability but also boost our confidence level up.

• Watching the English Program into TV: This is one of the best way to improve the English speaking as in this way one learns that in which situation what questions or talking is made and how the response is given. It much depends upon the looking at these programs with a bit of understanding and grasping the knowledge. In some channels movies are relayed with the stripe running on downside which shows those words written on it which are being delivered by the mouths of actors. So it improves the understanding with the language.

• Reading the Comics and Cartoon Magazines: Comic and cartoon magazines are also a good way to improve English speaking as there are pictures of that story which is published into the papers, in which characters speak with each others and this gives also clue to the spectators that what and how should be said in that situation. I think watching the movies onto TV and reading the magazines give the same results.

• Speaking with Others: The most applicable and simplest way to learn any language is to speak with those who speak well. There is very common obstacle which keeps away majority to learn in this way is the lack of determination. In this way, one thinks that if he speaks so people would laugh over his weak speaking and this thing doesn’t let him speak continuously and he stops speaking. Although it is very common rule that speaking of any language comes by speaking much. So, it is good practice to speak English with those who speak well. 

I think these are the basic rules which can enhance English speaking capability. There might be some other appropriate rules but in the practical way I think above ones are the best.

Causes of shortages in livelihood

Every deed of muslims, should be for the obeying and approval of Allah and His messenger (PBUH). Due to divergence from the Islamic doctrines, disobeying of Allah and His messenger (PBUH), today more or less every person is stuck in problems by some means. Main of them is the shortage of income and unblessingness (Bebarkati) of livelihood (Rizq). Today may be any home look protected from this problem. The main cause of short livelihood is only our bad deeds what has been described in the Soora-a-Shoora that “and what the trouble you get is due to that reason what your hands earned and Allah forgives very much”.

It is spoken by common observation that we are inclined to adopt the difficult sources to solve our problems but our mind does not go to see the easy ways to get the ‘Barkat” in our livelihood. For one who seeks the Barkat, it is necessary that first he know the causes of un-blessings and get rid of it.

If we see around us, we might hardly find any home escaped from the dishonor of livelihood. More homes would look so as where the peoples have no guilt feeling over dishonor of livelihood. The people living in, from marvelous bungalows to narrow cabins look stuck in this disobedience and carelessness. From marriages and other parties to the time of dish washing how much quantity of curry, rice and breads are drained out we all know and usually we overlook this cause of shortage in the livelihood. 

Ummul Momineen Hazrat Ayesha Siddiqua (RA) tells that “while the ruler of Madina (PBUH) came to his cabin, saw a piece of bread, lifted it up cleaned, ate and then said “ Ayesha, respect this good thing, this thing (bread) did not came again there from where it has moved”.

There are many reasons except dishonor of livelihood which cause for the shortage of un-blessingness i.e. the habit of much sleeping (it also creates illiteracy), doing sins specially telling lie, calling parents with their names, not caring for lifting the food grains from the underneath, leaving the garbage in home, laziness in performing prayers, eating without washing hand, delaying in eating although food has been served, not cleaning to the eaten plates, leaving uncovered the plates from which ate and most important of them, eating without saying Bismillah. The religious scholars say that increased nails are also the cause of shortage of livelihood. 

Frequently people complain that the shortage of livelihood is so severe that the quantity of grocery which last by the month end now finishes at the middle of the month. If it would be seen carefully it will be known that people are unmindful to the Sunnet of saying Bismillah before they eat. Syedina Huzaifa (RA) tells that Huzoor (PBUH) said “On which food, the Bismillah is not cited, the satan gets along with it” (Sahee Muslim) so as the same way, this is quite clear from it that if Bismillah is not cited, the blessings (Barkat) lives going.

Once Abbasid caliph Mamoon Rasheed invited to Hadba Bin Khalid (R.A.) to his home. During the feast whatever the food grains were fell on the underneath, he used to eat lifting them. Mamoon asked astonishingly “Ye Sheikh! Your belly didn’t fill so far”. He said “ why not, Hazrat Hammad Bin Salma has told a Hadith to me that “ One who eat lifting the fallen food grains will have never face the shortage of income” I am acting upon this Hadith”. Listening that Mamoon was highly impressed and called to servant who brought one thousand dinars tied in a handkerchief. Mamoon presented it to Hazrat Hadba Bin Khalid. Hazrat Hadba Bin Khalid said Alhamdollilah the blessing of acting upon Hidth appeared quickly. 

Most often it has been listened to people that “the boost is going to happen in the wealth of haram accepting and spending life full of sins’ person’s wealth”. In this regard understand that it a dangerous trick of devil. If you think in this way, so only non-muslim and pagans are seen as per worldly success. The acquiring of worldly wealth and success in spite of non-believing and sins is not due to privilege, so muslims should solve their problems according to the light of Quran and Hadiths instead of sticking in evil doubts. If we try to solve our problems according to the saying of Allah and His messengers (PBUH)’s orders then we must be successful to acquire unlimited benefits of this world and hereafter.