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Archive for November, 2009

Holidays done, back to the credit grind.

November 30, 2009 Leave a comment

I have read what a lot of people say about credit and how important it is. Also how easy it is to lose. If you ask me, all the lenders are going to have a big problem a few years from now.

They will see someone walk in the door asking for a loan or a credit card and because of their current credit score, they will be turning away someone who had been hit by the recession with a job loss and loss of credit, who before that had excellent credit for many many years.

That person will have been back to work for some time and continuing with their excellent credit habits, but still carrying a bad credit score and will still get turned away because of the problem they had, (job loss) which was beyond their control.

Something is wrong with the credit recording system and it needs to be fixed fast. Will it be fair that a person who lost their job in the biggest recession in many years is turned away for a loan or credit card, when what happened was beyond their control.

Credit scores really seem to be just a roll of the dice away for anyone to lose their good credit standing, and that my friends is the whole problem with the credit system.

You would figure that as lenders who make money from the amount they lend, that they would want to change the system of credit scoring to let them also know the overall average credit score a person has and not just their credit rating after they have taken an unpreventable and unexpected  tumble down unemployment lane.

There is going to be a big sector of loans that will be lost to the lenders because of the way the scores are reported and it will not only hurt them, but it will hurt the individuals who fell victim to the big recession and lost their credit due to no fault of their own.

Something has got to change to get these used to be good credited people, back into the credit system and lessen the mark the recession has against their credit score.

Hell, even baseball players may have a bad night at bat, but are judged on their average hits for the season and not just their hits for that night, yet our current credit scoring is so old hat, that it would condemn them just because of that bad night.

The credit recording and reporting system needs to be changed to a more fair system for all. More of a life average, with how you have been scoring for the past several months factored in. Bankers and lenders better take notice and get the system up to date or they will lose a bundle.

That’s it, greed will get them to change it! And for all you job seekers, that’s how smart your perspective employer is, judging you completely by a bump in your credit history that was out of your control. That’s OK, could you imagine what it would be like to work in a place that would make such snap decisions on partial data like that anyway! Wow.

Bankruptnooption.

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HAPPY THANKSGIVING

November 26, 2009 Leave a comment

I extend to everyone a blessed and Happy Thanksgiving. Especially to those in the U.S. today who are feeling the pain of the recession. Those of you who have a loved one who won’t be with you this year because of war or other hardship or service. I wish you a blessed Thanksgiving.

To all of the people who used to hang up their childrens’ hand drawn turkeys on the wall, that are now just placed into a box or just tucked away in the pages of a book, because you have lost your home due to the economy and now have nowhere to hang them. I wish you a blessed Thanksgiving.

To all of the people who will not be cooking a turkey this year, because your oven along with most of your belongings is either in storage somewhere or was sold at a yard sale to pay a bill, I wish you a blessed Thanksgiving.

To everyone that just recently bought a lottery ticket with your last buck, thinking it’s your only hope, but knowing that it’s only just a dream. I wish you a blessed Thanksgiving.

To all those individuals who have worked the soup kitchens and food pantry’s the past year, and have seen the general situations of the people change from those individuals who have personal problems who will never work, to those who have been looking for a job and need help feeding their families. I wish you a blessed Thanksgiving.

To all the children and teens of the families who have had to either make sacrifices or give up some of the things we normally take for granted, like joining a team in school, going to a movie or even getting to go back to the same school this year as last year. I wish you a blessed Thanksgiving.

To all the little children who are too young to understand that their parents have gone to bed hungry many nights, so they could make sure you had enough to eat. One day you will ask questions and understand. I wish you a blessed Thanksgiving.

To those of you who have had to give up your beloved pets, because you just couldn’t keep them any longer. They were like family members and it hurts. I wish you a blessed Thanksgiving.

Finally, to everyone in America, and I can’t forget those of you who do understand what millions of people are going through, while hurting a little yourself, and still have found a way to give, help and donate to the jobless and homeless till it hurts. I wish you all a blessed Thanksgiving.

We can all still give thanks for just being able to be around anyone if we choose, even if it’s a stranger across the table at a soup kitchen. The days and times will change and someday we will each be forced to look back at these times because of an inquisitive question from a child, so that they may understand. It will only be then, that you will really understand for yourself, what you really have gone through now.

Happy Thanksgiving All.

America Together!

Bankruptnooption. ’09

Does anyone put Soy Sauce on their rice?

November 22, 2009 Leave a comment

I guess that I am the only one in America that uses Soy Sauce on rice. I am not talking about a main dish with something on top or mixed in with the rice, I am only talking about a side of any kind of prepared rice with nothing else on it.

I also have the next Million Dollar Idea that I will now give away to anyone who reads this.

When I put Soy Sauce on my rice, no matter how slowly I try to shake it and spread it over the rice, it still misses some of the rice and a lot of it just runs down and turns into a giant puddle that runs to the other side of the plate.

So here you go, run to the bank with this one.

Why not put Soy Sauce into spray bottles, like some salad dressings are packaged. This would be a much better way to put it on your food. The coverage would be so much better and it would help eliminate that annoying puddle at the bottom.

So, if you use Soy Sauce on your rice please let me know that I am not alone and if you cash in on that money-making idea, then send me a few bucks in thanks, I sure could use it!

Bankruptnooption.

Misleading Black Friday Ads

November 22, 2009 Leave a comment

MISLEADING BLACK FRIDAY ADS

Welcome Bargain Hunters, Just make sure that you read those great Black Friday, Day after Thanksgiving deals over very carefully and scour the whole ad flier, even the fine print, because you just might find something printed like this:  Limit three per store, Limited quantities, While supplies last, No rain checks, Available between 6A.M. and 7A.M. only, or some other wording that means that you probably won’t be getting that big deal unless you are one of the very first in line!

You have to watch all the ads for this very carefully, or else you may end up, getting up very early just to end up shopping around until you find a deal that may not be as great, but you will still be happy with. Besides you  may find a good deal in another paper that you might not have to camp out for or possibly get stampeded to death, like a store had happen in the past, because the deals were so great and limited.

Most of the stores will have limits and exceptions, especially on the bigger, more expensive and popular items. It is a very deceitful business practice. Like I said before, most of them will offer other similar deals that aren’t quite as good, but if you settle for one of those, you will be driving home happy, at a more reasonable hour and not mad, with or without a rain check in your hands.

It’s also been said that some stores give out the rain checks without ever planning to honor them, or they plan all along to give you something comparable to the original item, which you may end up not liking! It could also take weeks and months of phone calls just to find that out or get the replacement item.

Just remember, most stores do have very good secondary deals in the same ad fliers that last for the whole day or for several days, so you might want to sleep in this year and go out later, after the crowds thin down. Sometimes settling for less is worth a lot more!

So be careful all you deal hunters out there, as for me, I will be sitting in my jammies with my family on the big comfy couch, by the TV, sipping a cup of coffee and eating warm cinnamon rolls, fresh from the oven, while I watch the coverage on the morning news. I shop leftover and closeout deals only.

P.S. If you do happen to know one of those Early Black Friday shoppers that are going out for that big deal and there is a limit of at least two per person, you could ask them if they would pick one up for you! Then you can come over and sit on the big comfy couch in your jammies too! I’ll save you a cinnamon roll but keep your hands off the changer!

Bankruptnooption.

WEEKLY NEWSBITS 11-20/11-26

November 22, 2009 Leave a comment

…..Misleading Black Friday Ads

…..Pumpkin Pie Shortage?

I wanted to get this one out quickly, because it does pertain to saving money. We will be adding to this page all week.

MISLEADING BLACK FRIDAY ADS

Read those great Black Friday deals over very carefully and scour the whole ad, because you just might find something printed like this:  Limit three per store, Limited quantities, While supplies last, No rain checks, Available between 6A.M. and 7A.M. only, or some other wording that means that you probably won’t be getting that big deal unless you are one of the very first in line!

You have to watch for this very carefully, or else just shop around until you find a deal that may not be as great, but you will still be happy with. Then you may not have to camp out for that deal and you may not get stampeded to death like a store had happen in the past because the deals were so great and limited.

Most of the stores are doing it and it is a very deceitful business practice. Like I said before, most of them will offer other deals on similar products that aren’t as big, but if you settle for that you will be driving home happy and not mad with or without a rain check in your hands.

It’s also been said that some stores give out the rain checks without ever planning to honor them, or planning to give you something comparable to the original item, which you may not like!

So be careful all you deal hunters out there, as for me, I will be sitting in my jammies, with my family on the big comfy couch by the TV, sipping a cup of coffee and eating warm cinnamon rolls, while I watch you all on the morning news. I shop leftover and closeout deals only. But remember they do have good deals that last for the whole day, or for several days also, so you might want to sleep in this year and go out later, after the crowds thin down. Sometimes settling for less is worth a lot more!

P.S. If you do know one of those Early Black Friday shoppers that are going for that big deal and there is a limit of at least two per person, you could ask them if they would pick one up for you! Then you can come over and sit on the big comfy couch in your jammies too! I’ll save you a cinnamon roll!

PUMPKIN PIE SHORTAGE

I have heard it twice on the news now, and both times I managed to get interrupted and miss where it is at.

I know that some stores in Michigan are selling them at a discount when you buy so many dollars worth of food, you get a pie for a low low price. The farm markets seemed to have the same inventory of pumpkins around here this Halloween.

So for now I am not going to worry, besides, I tried Sweet Potato Pie just recently and with a little Cool Whip on it,  I could get by just fine using that as a substitute!

If I hear of where the shortage is I will let you know, and if you hear of where it is, please let us know.

WEEKLY NEWSBITS 11-13/11-19

November 20, 2009 Leave a comment

We will post the Newsbits by Thursday or Friday night. Friday – Sunday is generally when most people have time to catch up with the previous weeks news. Think about it. It makes sense.

News stories this week are;

…Santa Letters

…Sarah Palin

…Couple arrested for not paying tip.

…Police profiting from confiscated property even if you weren’t guilty.

…Congress giving homebuyers a $6,500 tax break.

NOW HERE’S THE NEWS! (I always wanted to say that!)

…..SANTA LETTERS are not going to be sent out from the post office this year because they found out a registered sex offender was answering letters to kids from one post office. The postal service doesn’t have the manpower or funds to check every writer so they are stopping the program.

Why dont they just pre-register (August – October) all volunteer Santa’s helpers, at the state police post. I am sure there is an officer who could use that kind of background training at every post, and it isn’t like they would be swamped daily with Santa helpers either.  They could even create a list and issue a computer generated Santa I.D. card for anyone wanting a Santa job that year. The DMV could even do it. Then come November all they have to do is give the list to the post office or stores that need Santa helpers and the letters will flow once again. The post office could even use that as a light duty job for an injured worker, who is on restricted duty. We are loosing enough rights and perks in this country as is and I sure hate for the kids in America to miss out on that part of being a kid. Come on, lets use our brains people!

…..SARAH PALIN is having trouble with the media again. A TV station and a magazine both did things they had to apologize for. A magazine used a picture of her in jogging shorts to talk politics, and a TV station showed an archived clip instead of the current clip they were supposed to show.

I don’t know about the clip incident but the magazine should have been handled by her a little differently. She simply could have pointed out that there were better more appropriate pictures of her for talking business, but that she was flattered about them choosing the jogging picture of her and dismissed it. If she starts dismissing these things in a simple manner, than it would put the spotlight back on the stories at hand and the mistakes would diminish. As mom used to tell us, “If you ignore them, they will leave you alone”.  Same principle!

…..COUPLE ARRESTED FOR NOT PAYING TIP. A couple in a party of six refused to pay the stated mandatory gratuity, after waiting over an hour for their food and having to get their own silverware. They paid the bill minus the tip and were arrested for not paying a portion of what they owed.

Are we still in America? Is this correct? Is it really legal to even be able to make a tip mandatory? A tip usually is decided upon by the customer and how much is given is dependent upon how you liked all the factors involved, like prompt service with not much wait for your food and having everything you need at your table without having to table raid another one, for something that is missing from your table. This is America and it’s time that mandatory gratuities be outlawed. Tip by the quality of service, and no one will go to jail again, over a tip. I know someone who left a penny once, but we will get into that later.

…..Police profiting from confiscated property even if you weren’t guilty. A lady dropped her friend off at a bank and when she came back to get her the police ticketed the waiting woman for solicitation, because she made eye contact with passing motorists and the drivers car was impounded for picking up a solicitor. All the charges were dropped, yet the person  still had to pay all the fees to get back their car and then repair the oil pan which had been damaged while towing it.

Another case of are we still in America? What is going on around here. That lady shouldn’t have to spend a dime and the car should be fixed for her. Instead it cost her thousands of dollars and she can’t afford a lawyer to try to get back the money. Hey, if the police are correct and someone is convicted then make them pay, but don’t charge the innocent. That isn’t correct!

…..Congress giving homebuyers a $6,500 tax break. Check the government sites for this one. There is a lot of factors involved in this one so check it out and you may get some extra needed cash back from the government.

Here is a link to the story. It contains more details, so don’t miss out on this! Cash back for home buyers.

That is the way the Moneys Tight, WEEKLY NEWSBITS  will work. So take care for now and we will see you next Thursday or Friday!

Bankruptnooption.

Saving on Turkeys and Trees

November 16, 2009 Leave a comment

You have to be careful or you could miss out by doing this, but I have seen it work and work well on many occasions.

If you don’t mind becoming a last-minute shopper than give this a whirl. Wait until the day before Thanksgiving to get your turkey. Stores usually want to sell off all of their supply and many will start to lower their prices, some up to a week before then.

You can do this with a Christmas tree too, just watch the lots and make sure they don’t sell out on you. Go to a lot with the most trees left and go the day before Christmas Eve day. Their prices will be much lower and you should be able to bargain with them for more of a discount.

Remember the trick is that they want to sell out of both of these items and he who shops last gets the best deals.

Just beware that you may either end up getting nothing because they sold out before you got there, or what they do have left might not even be worth the discounts they are offering.

Keep in mind though, that this is possible to do and it does happen every year at those times. You just have to be a savvy shopper and stalk your prey at the right place until the time is right to buy so you don’t end up left empty-handed.

Printable coupons are a way to save a buck on a turkey also. Just Google Printable Turkey Coupons, and you will find many sites with various coupons to print.

Good Luck and Pass me a Drumstick Please!

Bankruptnooption.