Posts Tagged ‘Saving’

Texas Trade Up Appliance Rebates – Starts April 7th

Hello fellow Texans,

Are you looking to replace your old air conditioner?

Are you shopping for a energy efficient Refrigerator or washer replacement to save some bucks?

You are in luck.


You heard it right! Texans can  now get hundreds, even thousands of dollars in rebates by applying for Trade up rebate program. But you gotta hurry when the reservation period starts tomorrow Apr 7th.

Who are qualified?

Every Texas residents with a valid Texas residential address qualify for a rebate if they follow all program rules.
No Post office boxes.


Why they are giving away money?

It is part of federal program to support energy efficiency and renewable energy initiatives. Thanks to $23 million in federal stimulus funds from the American Recovery and Reinvestment Act of 2009 received by Texas state which is available to be handed out through the 
State Energy Conservation Office. The caveat to the program, rebates can only be applied to new purchases of appliances with the EnergyStar label or CEE qualified models between April 16 and April 25.

What appliances are covered?

Starting from the  dishwasher to cloth washer to furance to Refrigerators to big A/c’s, most of the home appliances are covered. You can see types of appliances covered at state website. These energy efficient appliances might cost big money. If you already decided to buy it, then its worth to get the rebate. Question is, are you willing to spend extra dollars to save save few on rebate and more in long run? Then go ahead and reserve it.

Rebate amounts, purchase timeline information and a detailed list of qualifying appliances are also available on the site. 


How to get the rebates?

You need to reserve for the rebates. It is not pay first and apply later like mail in rebates type. It is reserve first and buy and apply for the rebates type because of the limited amount of funds. The state anticipates high interest in this program because of lot of advertising and rebate reservations will go quickly.


Reservations for a rebate will have to be made by calling a toll-free number or by registering on the Web site. Keep checking the site, http://www.texaspowerfulsmart.org/rebate/

Any limitations or restrictions?


You can qualify for one rebate per appliance category, two appliance rebates per household and two $75 recycling bonus rebates per household. The appliances must be bought from a Texas retailer or contractor.


I have heard many of my friends and neighbors are waiting for Apr 7th to reserve the rebates. Expect slowness and delays but don’t give up. It’s lot of money free from government. So just set your clock up for tomorrow to reserve for the big bucks. There will be a waiting list, but it’s no guarantee that you’ve successfully reserved a rebate.

You can read more about it at chron.com

Saving – It’s a habit, not a hobby

Personal savings rate is a key measurement of the amount of resources American household have available to contribute to the national saving.  A low personal saving rate limits how much the nation can invest and so ultimately limits future economic growth.


Bit of History


From 1960 until 1990, households socked away an average of about 9 percent of their after-tax income, government figures show. Americans got out of the habit in the 1990s as they saw their wealth build up in other ways, first through surging stock prices and then soaring home values.




The annual personal saving rate (effectively, income minus spending) averaged around 10% during the early 1980s, when the economy was in a severe double-dip recession. It then began to fall steadily, even as the economy weathered two more recessions, averaging about 7% around the time of the 1990-91 recession, then falling below 2% for the first time in 2001. It averaged about 0.6% from 2004-07. Americans also spent more than they earned in recent years which is another reason for pushing the personal saving rate below zero. Check out the link for a detailed clear picture.


Current Mindset

A change in money mindset has emerged again from this recession. That has resulted in a rise in the personal saving rate, which the government calculates as the difference between earnings and expenditures. Economists now expect the rate to rebound to 3% to 5%, or even higher, in 2009, among the sharpest reversals since World War II. Goldman Sachs last week predicted the 2009 saving rate could be as high as 6% to 10%. (Wallstreet Journal article – See “Hard-Hit Families Finally Start Saving, Aggravating Nation’s Economic Woes”.)


Many banks and financial institutions are sending out flyers and phamplets encouraging customers to save money. Actually they need deposits to increase their reserver which is different story. Money gurus recommend various methods and techniques which are hard to follow strategies. It doesn’t always fit all types of people and lifestyle. We need a simple, realistic, and ideal plan to reach the saving goal, whether it is short to long term.
 
Whether you are looking to save money for your first Ipod or little bit more for your first car or  bigger target to buy your first home. Just three simple steps to follow to create a good saving plan. Before that, you better set your mind set by realizing the truth.  “Saving is a habit and not a hobby.” It is hard to start saving and never easily comes off the cuff.  Many of you do not like to hear it, but that’s the fat.
 
How to Realize your goal?
 
Many of our habits are product of constant practice whether its from child hood or teens. If you don’t have that saving habit built in you, it is going to be take time start one so you better show some patience. Making something habitual needs determination and constant practice. 


I like to mention a quote by Frank Outlaw.


“Watch your thoughts; they become words.
Watch your words; they become actions.
Watch your actions; they become habits.
Watch your habits; they become character.
Watch your character; it becomes your destiny.”


You need to first cultivate thoughts about Savings. Keep thinking about saving money in different ways whether from your paycheck or reducing electricity bill or credit card bill. You just keep thinking about saving something every day or month. Next, talk to your spouse and friends about money saving ideas and plans. Finally, take action by following your own idea or any of three ways mentioned below.


1. Don’t spend your dimes and quarters. Start putting them in a piggy bank or digital money jar. Digital money jar will give your amount. Every month, take the change to nearby bank and deposit it in you savings account. You can Open a savings account either with Nationalized bank or local banks with just minimum deposit of $1. I would recommend Credit unions for small saving accounts. 
 
2. On every ATM withdrawal, take $10 out and put it away in the secret wallet/purse compartment. Don’t ever touch it whatever happens. At the end of the month, take it all out and deposit in your savings account. 


3. This one is the easiest of all, called Blind savings – Set up automatic withdrawal to put away a small amount from your paycheck as Payroll deduction or Auto deduction from your checking account to your CD or Savings account. You will never see this money and it is blindly saved.


Once you start taking action and sticking with it rain or shine. Everything will fall into picture automatically, transforming yourself. Your savings habit gets built into you slowly. Once you get into the habit, it just comes as a second nature. 

So do not procrastinate and think it is impossible. You already took your first step thinking about saving, you just need make an habit. Sart working towards your next step by talking, planning and taking action. Try it out and share your thoughts.
 

Chew Sugarless Gum & Save money

Healthy mouth, Healthy body, that’s an old expression.

Healthy mouth, Healthy body and Wealthy pocket , it’s the new mantra. 


A Healthy body starts with good dental hygiene. That’s what drives us all to brush our teeth first thing in the morning. With that comes, fewer trips to dentist and more importantly to physicians which translates to less money spent on dental and medical expenses. Believe it or not, chewing sugarless gums comes for help to make it even easier in keeping your teeth strong and protect from cavities.


When we were kids, we were told to avoid sugar-ladened chewing gum for health concerns. Now, it is hard to see a kid without gum in their mouth. At the same time, chewing gum manufacturers came a long way attracting health consicious consumers by providing products which ensures good oral health. In this post, we will see how sugarless gum helps to save money and keep us healthy. 


What are Sugarless Chewing Gums?


Chewing gum is no longer is meant to provide a sweet treat or freshen breath. It has taken different avatar in oral health. You’ve seen the claims on sugarless gum wrappers. Packages of Orbit say the chewing gum helps strengthen the teeth. And a package of Trident gum containing xylitol says it helps prevent cavities. The question in our minds, Are these claims solid?


According to Martin Schlatter, Wrigley’s marketing chief, it seems so. A three-year clinical study showed 8% fewer cavities, and a two-year study found a 38% drop, because chewing the gum strengthens teeth and creates saliva that reduces plaque acids.


But not all chewing gum have this magic packed inside, health advantage is totally depend on the type of gum chewed. Two types of sugar substitues are used in sugarless gums depending on the manufacturers. They are xylitol and sorbitol. They are also called sugar alcohols, referring to their chemical make-up but they don’t actually contain alcohol. By adding natural sweeteners like xylitol, manufacturers added the benefit of fighting against bacteria.


How Sugarless Gum works?


Let’s take Xylitol. It is a natural sweetener found in fruits such as strawberries, plums and pears. Xylitol looks and tastes like sugar. For this reason, it’s used to sweeten food and candies like chewing gum,  gumdrops, mints, medicated syrups and tablets, toothpaste and mouthwashes. It’ is also found in dietetic and diabetic foods. Several dental associations endorse sugar-free products that are at least 50% sweetened with xylitol.


Xylitol is an anti-microbial which acts against the bacteria itself, preventing tooth decay according to scientific research. When bacteria in your mouth combine with sugars, they produce acid. This acid damages teeth, causing cavities. Bacteria in your mouth can’t break down xylitol, so no acid is produced. Also, the sweetness of xylitol encourages salivation. Saliva washes out the mouth and helps prevent cavities.


Eating large amounts of products that contain xylitol may have a laxative effect. For example, having more than 10 to 20 pieces of candy or gum per day may cause this effect. This is the only known drawback to xylitol.


It is important to note that studies suggest that sugarless gums made of another sugar substitute called sorbitol do not seem to have the same preventive effect. Sorbitol can increase saliva flow which secondarily strengthens teeth, explains another analyst. But there are no studies that directly show that sorbitol-based chewing gums can strengthen the teeth.


How does Chewing Sugarless Gum save money?


In a PR Newswire post regarding a Majestic Drug survey, we learn some interesting statistics that may not shock you, but will inform you.


One in six Americans experienced a dental emergency in the past year.


Seventy-two percent of Americans have fillings, caps, or crowns, and 23 percent of dental emergencies relate to these restorations.


The survey revealed that out of a thousand people, respondents with an annual income under $35K had a higher instance of dental emergency than those with an income exceeding $100K.


Prevention is always better than cure. Brushing one’s teeth and scheduling
regular visits to the dentist are primary in preventing dental and gum disease, but chewing sugarless gum will strengthen teeth and assist in preventing cavities. That, in turn, adds to a person’s savings. 

For example, an Orbit gum 12 pack with 15 strips in each pack cost = $15. It is 9 cents a strip. If you chew 5 pieces for an average 25 days, it cost just $11 a month and $132. It is far better than spending $150 – $250 for fillings, pulling teeth and more for pain relivers as well. Think about it!

What should I do?


As reported by npr.org, Milgrom, dentist at the University of Washington and his colleagues have studied how much xylitol is needed to actually knock out bacteria and prevent cavities. And he has two pieces of advice.

First: Read the ingredient list on the gum package. If xylitol is the first ingredient, then there’s probably enough of it to be effective. (below list Sorbitol is the first ingredient and not really sugarless gum)

And second: Chew a lot of it.  “You have to chew at least two pieces, three times a day to have an effect,” says Milgrom.


This may sound like an inordinate amount of chewing, but in Finland kids have really gotten used to it. The Finns have been chewing xylitol gum for years as part of a public health initiative to reduce cavities. And Finnish researchers have documented a preventive effect in numerous studies going back to the early 1970s at the University of Turku.


Throughout Scandinavia, xylitol products are widely available, from lozenges and toothpastes to chocolate and candy gummy bears, says Ramos-Gomez, a pediatric dentist at U.C.LA.


Sugarless chewing gums are not only good for you but also good for your pocket. And of course, dental professionals have one more recommendation. Watch your diet. Make certain your toothpaste includes a fluoride ingredient.

Source: Last month(Sep) was dental month and npr(http://www.npr.org/templates/story/story.php?storyId=106347234 ) aired an interesting story on chewing sugarless gum  triggering me write this blog after good amount of research. Thanks to NPR.ORG.