Month : September 2012

Insurance

Gadget Insurances is a Must Look for Gadget Geek

The advent of technology has led to the development of numerous gadgets. These gadgets can be found all around you. There are gadgets that can do all sorts of work. Thus, the workload that the average human being undertakes in the modern world has been greatly reduced, thanks to gadgets.

Now, the thing about gadgets is that their prices are relative to the level of complex tasks they are meant to undertake. While so of them come at rock bottom prices, others can tear down your bank in no time at all. Gadget insurance is required, particularly if one is planning to buy such expensive gadgets.

As gadgets turn old, people tend to mishandle them more and more. This inadvertently leads to damages or loss of the handset itself! Since, no one like to lose such expensive properties, there must be some way to protect one from such mishaps. Gadget insurance is the only way one can ensure that their investment does not bite the dust anytime soon. So what exactly is such insurance, why do we need it, what does it cover, and the availability of gadget insurance UK? Let us find out!

Well, the coverage of any gadget insurance doesn’t follow any rule book. They vary according to the different insurance providers. Commonly such insurances allows one to cover up to five items which generally are cellular phones, portable music / consoles (such as Wii or PSP), music or video players, PDAs, GPS, cameras, handy cameras, laptops and even PCs!

Since most of the devices are portable there is a higher risk of one losing them. Being expensive, these losses and theft can hurt the owner of the gadgets in a big way. Gadget insurance UK policies come in handy during such tragic times by covering up the loss to a great extent! By covering we mean, replacement of the original device at no extra cost in some cases.

One should consider investing in gadget insurance UK if one owns a multitude of gadgets, and prefer travelling along with them. Insurances such as these are highly popular are simple to buy. One can even apply for one, online right from the comfort of their couch! The process is further simplified because there are many companies that offer gadget insurances at the low investment rates!

The insurance policy, as has been already mentioned earlier, varies from provider to provider. While all of them offer cover on damage and theft of a device, there are other providers that provide loss coverage to only devices such as cell phones and PDAs, hence checking with your gadget insurance UK provider is a wise act, before making the commitment.

If you are the type who tends to misplace things in your household, you are most likely to face similar situations with your gadgets at some point of time in your life (if not experienced already!), you wish there were ways to cover the extra expenditure due to loss of mishandling, and then gadget insurance is just for you. Survey the policies of the gadget insurance UK offered by different provider carefully and chose the one that suits your bill perfectly!

Author Bio:

My name is Sachin. I am a passionate writer on insurance, general gadgets and tech and all things digital. I have written this post to give you a clear idea on the above topic. I also work as a freelance copywriter and have written for many respectable brands such as uk.Protectyourbubble.com insurance.

Money Management

Saving For An Emergency Fund Isn’t Just About Security

Security

I’m still currently saving up for my emergency fund. I’m not even half way there, but it’s getting there.

Along this journey I’ve realized that saving for an emergency fund is a lot like delayed gratification. Once I save up for the EF I’ll finally have the end result, which is security. But along the way I’m learning about delayed gratification. It teaches you that it doesn’t kill you to wait until you save up to have enough money. With an EF you can’t cheat your way with a credit card, so it is forced delayed gratification.

But as you go through this financial journey you can actually think about how you feel about waiting, and can cope with those feelings. You’ll realize that if you take your focus off of that object (EF, TV, Car, Whatever you want to buy without saving) you don’t miss it. That’s why waiting a couple of days before you make a big purchase ($50 for me) helps make you think about if you really need it or not.

I’m also learning that it’s hard to get what you want and there are bumps along the way. Things keep popping up (Fixing my truck) that prevent me from contributing to it, but I know in the end it’s well worth the wait. And there are always payday loans online.

I know that once my EF is full I’ll be excited and know that I earned that security and my money isn’t being wasted on it.

Have you learned any lessons from your emergency fund?

Business

The Future of Business

As businesses struggle to cope with an ever changing world it can be hard to predict what the future holds. In any three month period there are normally dozens of political, economic, social and technological changes which can affect the way we do business. 

In March this year Yahoo produced an interesting article (full article click here) where leading journalists from The Telegraph and social media experts were asked to predict where SMEs would be in the next ten years. An almost impossible task you may think but the results were fascinating. Before they started to think ahead they took the time to look back over the last ten years and realised that SME’s in the UK had dealt with some unprecedented challenges including: Eurozone crisis, birth and explosion of Social Media, growth of online shopping, change of government and VAT rates, collapse of the high street banking industry, natural disasters affecting trade and the optimism of London 2012 Olympics.

In the next ten years businesses will certainly face similar challenges and as legislation increases regarding data protection, online shopping continues to grow and managing personal debt becomes an essential problem to tackle it’s bound to affect trade. Perhaps one of the biggest challenges is the growth of interactive media solutions in the home, touch screen technology and digital devices evolving at home and in the palm of your hand will increase pressure on businesses to perform. 

The evolution of Twitter, Facebook and instant messaging has made consumers more demanding and impatient than ever before. Businesses must monitor these new channels of communication carefully and decide on their approach to ensure they can preserve their reputations, deliver excellent customer service and offer choice and depth of products to satisfy consumer demand. As the world becomes more advanced the ability to source products globally will increase, this in turn will put pressure on UK businesses to ensure they can keep up on a worldwide stage.

So what can we conclude from these predictions? It seems clear that the business that manage to survive turmoil have several qualities in common; excellent fiscal management, ability to embrace new technology, wisdom to only adopt change when there’s a clear financial or strategic advantage to their business, insight to predict future trends and adapt their business to ensure they survive.