Maldives Travel Tips
Maldives is a year round destination. To spectacle the picturesque beauty of Maldives, travelers throng to this adobe of nature frequently. If you are soon planning to fly off to Maldives to enjoy perfect family vacations, then go through our Maldives travel trips.Maldives Currency:The official currency in Maldives is Maldivian rufiyaa. One rufiyaa is equal to 100 laaris. Banknotes are issued in denominations of MVR500, 100, 50, 20, 10 and 5, while coins come in MVR1 and 2, and 50, 25, 10, 5, 2 and 1 laaris.Credit Cards:In Maldives Credit cards are widely accepted as a form of payment. All the major credit cards are widely used in hotels, restaurants, tourist shops. Even foreign currency like Euros and Sterling are accepted in Maldives.Maldives Currency Exchange:Travelers don’t need to worry about the currency they are carrying with them. In Maldives currency exchange is a quick and a hassle-free process. Cash and cheques can be exchanged in hotels and hotels at best rates.Maldives Tourist Information Offices:The Maldives Tourism Promotion Board is the body that caters to the needs of tourists. Its main office is located in the island capital of Malé.
Address: 3rd Floor H. Aage, 12, Boduthakurufaanu Magu
Malé, Republic of MaldivesVisa and Passports:Tourists with a valid passport valid for at least six months are granted a stay of up to 30 days in Maldives.Maldives Language:The official language spoken in Maldives is Dhivehi. Even English is widely spoken. French, German, Italian and Japanese travelers can easily find efficient guide in the tourist area.Maldives Customs and Traditions:
Maldives people are warm and loving. A handshake is the most common form of greeting when meeting a local. It is accompanied by the Arabic expression ‘Assalaam Alaikum’.
Maldives have a strict approach towards the tourists who try to harm the natural environment of the country. No one is permitted to take coral, tortoise shell or other marine species out of the country.
Tourists are not allowed to bring alcoholic drink into the country or even purchase it prior to the arrival.
These handy Maldives travel tips will help you plan an unforgettable Maldives vacation.
Why VA Mortgage Loans Are Better Than Their FHA Equivalent
There are two key sources of low cost mortgages out there. They are VA mortgage loans and FHA mortgages. For some, there is a minor battle going on over which type of loan is the best to choose. Clearly, for American servicemen and women, the version available from the Department of Veteran Affairs (VA) is best. In fact, it is widely considered that they have made home buying easy.There are a few reasons as to why these loans edge the age-old advantages of the Federal Housing Authority (FHA), despite the fact that both are subsidized by the US government. Of course, this is the chief benefit, with the loans secured by the government ensuring that the lender faces practically no risk at all, and so better interest rates are charged.But what are the key differences between these mortgage loan options? Is there really any difference, and are traditional lenders really far behind? What financial pressure are the homebuyers from the armed forces really under?What Are Veteran Affairs Loans?Originally, VA mortgage loans were offered to returning servicemen who wanted to buy a home, to help get them on their feet. Back in 1944, the VA declared they would slash the cost of buying a home. This obviously went down extremely well, and within just a few years, home ownership in the US rose from 40% to 60%.The fact that better interest rates are still available today is enough to ensure high demand. The cost of buying a home is lowered considerably, making the dream of owning their own home something every current and past member for the armed forces can enjoy.Qualifying for a mortgage loan is straightforward but it is only open to members of the armed forces. Civilians are not permitted to apply. This differs from the FHA, where anyone who fits the criteria by being in a difficult financial situation can qualify for financial assistance.Key Differing FactorsGenerally, there are not a huge amount of differences between the VA mortgage loan and its FHA equivalent. They are both vastly more affordable since both are subsidized by the government. What this means is that part of the debt is secured by the government, essentially removing the risk that the lender is under. And with no risk, the interest rate can be reduced.However, the VA does not actually issue these loans, nor for the better interest rates charged to the loan. The loan packages are put together by lenders, and this means that packages are subject to market fluctuation and developments. But the VA option is arguably better protected by assistance due it centering on military borrowers.Ask your mortgage broker for the best terms and conditions, and they will be able to find the best ones. However, for non-military borrowers, the best option in the FHA. These mortgage loans may be very affordable, but they are also subject to charges and fines. This means that the overall costs are increased.Get a VA Loan NowUltimately, the figures cannot lie and right now VA mortgage loans are available at the lowest rates of interest in quite sometime. This is mostly due to the events in the economy, where interest rates everywhere have dropped in order to encourage spending. It has largely worked, with consumers still buying some property, but there is still a need for an extra helping-hand.For members and former members of the military alike, the mortgage deal with better interest rates is to be found at the VA. It is certainly true that these mortgage loans are the best deals on the market, edging their FHA equivalent by virtue of their lower interest rates.
Importance of Life Insurance Calculator
Life coverage is highly significant for a person who has chalked out a long term plan. Owning a Life Insurance signifies an individual’s temperament towards his finances, no matter if he is the only employed person in his family or not. Consequently, a large number of people are buying the most suitable Insurance Policy according to their needs. This calls for calculating the exact amount of Insurance cover through the Life Insurance Calculator.At the time when the internet was evolved, people used to depend totally on Life coverage agents to calculate the exact amount of Insurance cover. These Insurance agents were skilled in working out the appropriate Life Insurance cover according to one’s requirements. However by making use of present technology, one may find out the most suitable amount of Insurance cover, with minimum of effort. The right amount of Life Insurance can be worked out hardly in a minute.Akin to Life Insurance Calculator, an individual can make use of a number of software programs which are available to calculate the exact amount for one’s Life Insurance, Automobile Insurance or House Insurance.An individual may sort out his exact Insurance needs for his whole life span, through a Life coverage Calculator. The motive of a Life coverage Calculator is to make a knowledgeable approximate of the amount which will be enough to secure the comfortable living of the dependants of the policy holder, even after his death.Though there exists a number of methods to calculate the precise amount of Life coverage, one well-liked method takes one’s income and expenditure in to the account. Expenditure may include expenses related to the education of children, funeral costs, livelihood costs, Monthly mortgages, and real property management operating cost with other expenses.The income may consist of the monthly salary of the policy holder, spouse’s income, pension or reimbursements from social security schemes, and additional sources of income like another job. The age of spouse and the total number of years required by the youngest children of the policy holder to attain the lawful age of eighteen, are other factors which are taken in to due consideration.After the calculation of all these factors is done by the Calculator, if a negative figure is shown then it indicates no need for buying an additional Insurance policy. While in case the calculator shows the amount in positive, then it means that the person needs to buy Insurance of the same amount which is represented by the Calculator.Though a Life Insurance Calculator provides a suitable approximation of the Insurance amount a person needs to buy, Insurance experts advise that one should seek the guidance of a proficient Life Insurance agent to calculate the amount of Life coverage. This is a more plausible and better way to find out the appropriate amount of Life coverage required by an individual.
Know About Bad Credit Unsecured Small Business Loan and Bank Construction Loan
A bad credit unsecured small business loan is much like a bad credit personal loan in that it does not require the pledge of collateral against a loan. This type of loan is usually applied for when a business needs to build working capital. Despite the fact that no assets are at risk to the borrower, failure to pay back an unsecured loan can have a negative impact on his or her credit report. Some of the benefits of bad credit unsecured small business loans are that they are easy to obtain, process quickly, and pose a low risk for personal loss.When applying for one of these loans, an individual should prepare a presentation that would motivate potential lending institutions to secure such a loan. A convincing presentation should include the goals of the business, how much money is needed, and how the money will be spent. Additional information that would help potential lenders decide whether or not to invest in a business consists of the financial and management profiles of the business.The interest rates for bad credit unsecured small business loan vary according to the borrower’s credit history and down payment plan. A competitive interest rate can be negotiated if the borrower exhibits character, management skills, and strong business dedication. Other variables to consider before obtaining an unsecured loan include the prepayment terms and the lender itselfA bank construction loan is a loan provided a bank for the construction of buildings for a business. Loans are available for the purchase of real estate, construction or renovation of buildings, and permanent financing. Securing a construction loan can greatly increase the financial stability of a company.The requirements to apply for a bank construction loan depend on the bank offering the loan. Generally, any individual who owns a certain percentage of the company is required to sign the application and supply a personal guaranty. Individuals must also provide both personal and business tax returns. The greater the amount of the loan, the more financial information will be required to prove the profitability of the business and the ability of the owners to repay the loan. Banks analyze many factors, including collateral, credit history, income, existing debt, and the life of the business, before deciding to secure a construction loan.Interest rates and payment plans (including down payments) also vary according to the institution offering the bank construction loan. The majority of construction loan terms range from six months to one year. In some cases, banks are unable to loan to businesses located in certain states or areas. Some banks have simplified the construction loan process to minimize the number of documents, people, and payments borrowers must deal with. Individuals may even be given the option to hold loan payments until after construction is completed.
Small Business Loans and Bad Credit
Do a search about business loans and bad credit and you will see result after result touting some way or another where you can fool the banks and lenders into giving you a business loan.Follow those results and for the most part you will only end up poorer (paying those companies or individuals a fee) and still not getting the business loan you want or need.Banks and lenders use credit histories and credit scores as a time saving measure. You request a loan, they pull your credit. If your credit is bad or below their threshold, they don’t waste anymore time on your deal request and can move on to other deals that have a better chance of getting funded.I deal with entrepreneurs everyday that complain about how their bank or a private lender just won’t look at their deal because they have bad credit. I constantly hear the same thing:”Why won’t they just look at the merits of my business and not focus so much on my personal credit as it is my business that will be paying the loan back!”My answer is always the same:1) That is how the financial markets work, and2) If you want to get approved based solely on the merits of your business then find the right business loan that focuses only on the merits of your business.Sounds simple and it really is.Yes, there are business loans (and other types of business financing) that either do not look at your credit at all or if they do, do not place much weight on it (great for those credit scores that are borderline).Let’s look at three examples:1) Accounts Receivable (Invoice) Factoring: Your business writes an invoice for goods already shipped or delivered to your customer but you have to wait 10, 30, 60 days or more to get paid. Then, factor those invoices and get your cash today so that your business can pay its employees, suppliers or to complete that next job.As your business has already completed the job and shipped the goods and is merely just waiting to get paid, the lender has no reason to even consider your credit history. Instead, they focus on the next cash event – which is your customer paying you. If your customer shows a strong promise to pay as agreed, then your loan request should be approved (without pulling your personal credit history).2) Purchase Order Financing: Your business has already won over the customer and you have their job order in hand only to realize that your business does not have the cash on hand to purchase the materials and labor to complete that order.Factor that job (purchase) order for up to 100% of the cash you need to complete it. When the job is done and you collect payment from your customer, you pay back the advance and keep the profits to be plowed back into the next deal.Again, since your business has already demonstrated that it can win business, the focus of this loan approval is not based on your personal credit or the cash position of your company but in the next cash event – when your customer receives the completed order and pays you.3) Business cash Advances: If your business accepts credit card payments from its customers, then your company could qualify for a business cash advance; based on your company’s ability to continue to get customers to purchase your goods and services.Based on past results (your business’s past results and not your personal credit history), your firm could receive a cash advance to be used as working capital to re-stock inventory, pay employees, generate new business or whatever your business so desires.And, since repayment of this advance (loan) is based on future cash flow from your credit card paying customers, these lenders are not that concerned with your personal credit scores but more concerned about your business’s ability to keep getting those paying customers in the door (which is what you wanted – a business loan based on your business results and future potential and not your past credit mistakes).Now, while Business Cash Advance lenders place the onus of their loan/advance decision on your future cash flow potential, they may still pull your personal credit. The reason is that should your business shut down tomorrow, they want to be assured that you will still pay them back.But, if your credit score is border line or just a bit below what a traditional lender requires, then a Business Cash Advance just might be the financing kick start your business needs.These small business financing options were designed for businesses and business owners just like you – whether it is bad credit or a lack of cash flow or whatever reason a traditional lender states why they declined your loan request.Thus, if you are one of the many that want a lender to focus their loan approval on your business and not on your credit, then seek the right business loan; a loan that has no reason to focus on your credit (as you and your business have already done the work) but focuses more on the merits and wherewithal of your company’s future potential.So, the ball is in your court. Forget your credit score and get out there and get the business – show these lenders that your business can and has the potential to be something special and then use that potential to get the financing you need.If bad credit is holding you back from getting the business loan your company needs, maybe it is time to step up to the plate and seek a loan that is more concerned about the abilities of your business and not solely on if you have made a few credit mistakes in the past.In the end, it really doesn’t matter where that capital comes from as it all can be spent the same way – helping you grow your business into the success you know it can be.
Small Business Loans – Encouraging Business Initiatives
Being a small business owner is not easy. Apart from the problems that the small business owners have to face in operating business, the severest of problems is in raising capital. It is not easy to raise capital for business use; particularly in an environment in which small business owners are accorded a status similar to borrowers with bad credit. Self employment is considered a bad credit case because of the unstable income generation through small business. It is said how a small business owner will pay fixed installments on a loan if he has not made much income (profits) in a particular month. Banks and financial institutions are thus not receptive to the demands of the small business owners.However, a loan can be designed particularly suited to the small business owners. Few lenders, who did not want to lose on the opportunity of lending to the rising group of small business owners, devised such loan. It is known as small business loan. Small business loans are advanced to small entrepreneurs who invest it in a series of purposes like expansion of their facility, buying technology, purchasing new tools and equipments, and also to buy raw materials and pay wages to workers.Lenders advance small business loans on the principle of moderate risk, which is no different from lending any other loan. The principle of moderate risk implies lending by keeping sufficient cover against risks. Therefore, while designing the terms of the small business loans, lenders are often seen to be using this principle. Take for instance, the rate of interest. The rate of interest charged on small business loans is higher than the normal. Similarly, lenders will only lend a limited sum on small business loans. These are sufficient proof of the manner in which lenders prepare for any risk that may emerge in the future.What differences can a borrower notice in small business loan, which goes in his favour? Borrowers can get an arrangement designed by which they can repay loan installments with ease. Small business loan with a flexible repayment schedule sufficiently solves the problem of the self employed people. Through a flexible repayment schedule, borrowers do not need to make repayments of a pre-specified amount and a pre-specified period. Depending on the income that they are able to salvage in that period, they can make repayments accordingly. Therefore, in certain months (or any periodicity chosen by borrower to make repayments) there can be underpayments, overpayments, and no payments at all (termed as payment holiday).However, not all lenders may be ready to accommodate your financial condition thus. If you consider the clause of flexible repayments so necessary in your case, then you must mould your search operations accordingly. With the help of brokers, searching small business loan according to ones desired criteria is not very difficult. Brokers are associated with several loan providers in the UK. When a person applies for small business loan to these brokers, they forward it to all the lenders who they think can appropriately advance loans to the entrepreneurs. The broker conducts the entire search operation. The borrower just has to choose from the large number of deals that the lenders forward. Brokers can also arrange small business loans from lenders who accept flexible repayment. Similarly, other specific requirements of borrowers can be incorporated into any small business loan searched. Brokers charge certain fees for their services. However, the best deal that these help to find will make the issue of fees irrelevant.Small business loans can be either short term or long term. A short-term small business loan is repayable in a period ranging from certain months to a year. Long-term small business loans on the other hand, advance money for as long as 25 years. Depending upon ones requirement, the small business owners can decide term of repayment and other terms and conditions of the small business loan.
Young Gambling
Although problem gambling has been primarily thought of as an adult behavior, recent research has suggested that it remains a very popular activity amongst both children and adolescents.
Studies conducted over the past decade suggest that gambling activities remain particularly attractive to today’s youth and that its popularity is on the rise amongst both children and adolescents. Prevalence studies conducted in the United States, Canada, New Zealand, Europe, and in Australia all confirm the rising prevalence rates of youth involvement in both legal and illegal forms of gambling. While approximately 80% of High School students report having gambled for money during the past year, 4-8% of adolescents presently have a serious gambling problem with another 10-14% of adolescents at-risk for developing a serious gambling problem (Jacobs, 2000; National Research Council, 1999; Shaffer & Hall, 1996). Yet, for most parents and teens, gambling is viewed as an innocuous behavior with few negative consequences.
Gambling Only for Over 18s
Most sportsbooks will be very cautious when opening accounts, and also when placing bets by phone. Most of them will check if an account is being used by a minor or ask for a proof of age, but for online sports betting becomes really difficult for a Sportsbook to know if an account is being used illegally.
There is a couple of ways to prevent your children from gambling, and it’s called Parental Control Software, sure you have heard of them Net Nanny, Spy Parent, Cyber Sitter, Control Kids are just a few of them. These programs will stop theme related pages from displayed in your computer if the parental lock is activated. Please be sure to check them to keep your children safe from youth problem gambling.
The good thing about them also is that they will stop your children from viewing any inappropriate content, ranging from online gambling to adult sites.
Online Gambling – Do You Believe These 4 Gambling Myths?
The myths that surround online gambling are numerous and have their roots in misconceptions made about the odds and probability of winning.
If you are gambling online and want to make big money, make sure you don’t believe the 4 major gambling myths outlined below, as they will definitely cost you money.
Gambling myth 1 -Over valuing low probability high gain bets
The tendency to overvalue wagers involving a low probability of a big gain and to undervalue wagers involving a relatively high probability of a small gain.
For instance, which is the better bet for you? Playing a slot machine with million dollar payout, or playing blackjack for what appear far smaller rewards
You may have the same money to bet on each, but there is of course a reason why the slot machine has such a big payout compared to blackjack, the odds of success are low!
A player with a sound knowledge of Blackjack may not have the opportunity to make so much money, but the chances of success are far greater as the casino edge and odds of winning are far less.
Keep in mind, the reward of the bet always increases with a drop in the odds of it coming up and vice versa.
Gambling myth 2 – Misconceptions about the probability of success
A tendency to interpret the probability of success incorrectly on bets.
For example, many players view the chance of throwing a given number on a dice to be twice as large with two throws as it is with a single throw, each event is independent of another so this is totally incorrect.
Gambling myth 3 – Winning streaks follow losing streaks
The belief that after a run of successes a failure is mathematically inevitable and vice versa.
This really follows on from the point above.
A person can throw double sixes in craps ten times in a row and not violate any of the laws of probability, because each of the throws is totally independent of another.
This is the major error that many novices make.
How many players see red come up 5 times in a row on a roulette table and decide to bet more on black because of this for the next throw?
There are a lot more players who fall for this when gambling online than you may think!
Gambling myth 4 – I was close to winning
“I was close” You will hear this all time from players gambling online after they have lost.
Be it in a lottery where they missed the jackpot by a single number or on a slot machine when they missed the jackpot by a cherry.
As they were “close” many players will continue to play, as they feel they are close they can only get closer and win!
Being close however is irrelevant, when every play is totally unrelated to the previous play.
The assumption of “being close” is an irrational assumption based upon emotion and not logic
This common misconception frustrates players and is simply because they don’t understand the theory of probability.
4. Lady Luck
There is no way to predict when a good or bad run will come to an end, or when an odd or even number will come up on a roulette wheel.
If you have read the concepts we have just gone through you will understand why. Many players however still believe in luck.
Even if luck was a factor and does exist, no one can predict when it is going to arrive or disappear so it will be no help when you’re gambling online in any game of chance.
Check the odds and rely on yourself
If you want to gamble online, and you want to win, don’t rely on luck rely on the laws of probability and placing the best bets with the best odds to increase your chances of winning.
The Etiquette of Online Gambling
When gambling online, it is important to remember a few rules of etiquette. A person must be eighteen or over to gamble on web sites. If it is found out that a person is not over the age of eighteen, their membership will be terminated. If is discovered that a parent of a child under the age of eighteen is gambling for them, their membership will be terminated. This rule is taken very seriously. Violations of rule shows disrespect toward the web site and the other people who enjoying gambling on it. Online gambling is for entertainment purposes only. Children have other fun activities they can partake in, they do not need to play adult gambling games.
It is rude call people names at the gambling table while playing online. People visit these sites to have fun and maybe make a few bucks. Harassing players is against the rules. One’s membership to the site and any other sites the company own could be revoked. Have fun on these sites, do not cause fights that would make other players leave. People win and lose on these sites all day long, this is part of the fun.
There is never any pressure to gamble for money on most sites. If a person just wants to have fun betting with points or just a friendly bet, let them. Pressuring people to gamble is not fun for anyone. This will also cause people to leave the site and go to a less aggressive one. Playing poker for fun is fine. Many people do not feel they are good enough to play poker for money. This is why online gambling is more fun than betting at a casino or over the phone, there is no pressure to place large bets or any monetary bets at all.
How to Make Money Gambling Online
It’s hard to believe, but a very small percentage of gamblers are actually able to make a decent living playing in casinos full-time. With the proliferation of online gambling, more and more people are able to pursue this “employment opportunity,” as you no longer need to live in Vegas to make this dream job a reality. Regardless of whether you are doing at as a full-time gig or not, it really is possible to make money gambling online. Like anything, knowledge is key and quite a bit of practice is required. Most likely, you won’t be able to make a living doing it, but here are some tips to help fatten your wallet.
1. If you intend to come out ahead gambling online, make sure you choose the right games. Blackjack or video poker are good ones, as the payout ratio ranges from 98 percent to 100 percent. This means that you have the best chance of winning, or at least breaking even.
2. Once you choose a game, get good at playing. Like anything, the more you practice, the better you will be. If you don’t practice, you will loose to people who do. Many sites online will allow you to play with fake money. Although the player levels at these sites will be lower than at pay sites, this will allow you to hone your skills before you risk losing your bank account. Bear in mind that you may need to alter your strategies when moving from free to pay sites.
3. Don’t quit your day job right away. Learning the ropes of gambling takes time and you will be competing with players who have been doing it much longer than you have. Take your time and build your strategy and skills over time. You need to be prepared to loose a little money before you begin winning on a regular basis.
4. Always read online gambling review sites to stay updated with all of the best new sites and up to date deals. This is a great resource and an easy way to keep up with which sites will offer you the best odds of winning. As these sites are updated often, they are also a good resource for finding out which sites to avoid.
5. Be sure that you play on a site that doesn’t frequently time you out or drop your Internet connection. It is almost impossible to make money in an online casino with an unstable connection. If you find yourself timed out repeatedly, move to a different site.
6. Download your earnings frequently when gambling online. This is a good way to protect your self against “rogue” or fraudulent online casinos. Some less-reputable sites will procrastinate paying your winnings in the hope that you will gamble them away before receiving them. If a site procrastinates in any way or won’t download your winnings, find out why immediately. If you are not satisfied with the response, contact the online gambling commission with which they are affiliated.
7. Look for gambling sites that are fun and only play the games you enjoy. Gambling is supposed to be pleasurable and if you take the fun away, you might as well get a steady-paying day job without the risks associated with gambling.