Insurance Present

Top 5 Money Saving Tips For The Spenders

Money saving for some people can be very difficult, especially for them, the spenders.

Various reasons they put forward, such as the cost of living is constantly increasing, until unable to resist the temptation to shop various luxury goods.

Are you one of them?

However, it's up to you to believe or not, but it is a narrow thinking!

Without them even knowing, actually the spenders have spent a lot of money for goods that are not needed, even worse, they forget their primary needs, and when they knew it, they had run out of money.

The next thing that happens is that they solve the problem by borrowing money to others or to the bank. Yes, this step will only add to their financial problems only.

Therefore, as a spenders, you need a special strategies which are effective, about how you can save your money for critical needs in the future.

The best ways to save money

There's a joke that the best ways to save your money is don't use that for anything. But we know it's almost impossible. Money is not everything, but in the world where are we living now, everything need money.

So here is 5 tips that you can try for being excellent to control your finance.

1. Do not be easily fooled by the tempting promotion or advertisements

The work of the advertiser is trying to make ads that they show interest to others, including you. Suppose there is a latest gadget ads with a series of advanced features.

Once you see these ads, you feel that the gadgets you have already worn out, and you are interested to buy the gadget. Then you decide to buy the gadget.

In the next month, the latest series of products reappeared, and they offer a gadget with other features. Here is the problem, many people are into what we refer to as 'victims of advertising', they again stuck buying the product. The money that should be saved for future needs or emergencies are used for purposes that may be considered unimportant.

Or promotion of a product, with the words "buy 3 get 1 free". Try to think about why you buy the same type of goods if in fact you only need one item only.

So consider using your money wisely. Remember, sparing no means stingy. Try to save some of your money and make this as your regular habit.

2. Be a hunter for the discount and voucher

The spender delighted to spend their money. One is usually preferred are shopping. Well, for those of you who can not resist the desire to shop, then try to be a regular customer at a store or boutique that provides discounts or vouchers for regular customers.

Thus, you have leftover money from the discounted price. But remember, do not use the remaining money to go shopping again, because of course these tips will not work.

Immediately save your money, before the shopping desires come back.

3. Visit the website to sell stuff and put your own unused stuff there

Rather than keeping secondhand goods that are not used anymore, you can sell it. As a spender, of course, you have many goods that are not needed, and you store it the warehouse or in the corner of your home.

Try to think of making money from such goods, then you can save the money generated from the sale. This step also indirectly train you to become a businessman. Who knows, of selling unused goods, you can become a successful seller in the future.

Try accessing the site for the sale of second-hand stuff on the internet, and you can list and offer items that you want to sell there. It's much better than letting the stuff into the trash.

4. Use the website for the exchange of goods between the member

You need to have a way to replace the money to get the goods you want.

By utilizing internet sites such as the exchange of goods between member, you can get the goods you want without spending any money.

It is also one of the ways where you can get stuff at a great price, but without the need to buy it. Try to exchange the items that are not used, but you have to be honest in order to keep your credibility well.

Thus, the less you spend money to shop, then your chances to saving will be even greater.

5. Do not just use expensive and well-known brands

Using expensive and famous brands is often the desire of most people. For the rich, this may not be a problem, because they have a lot of money. But for ordinary people, is a big mistake to use such luxury items just to prestige.

If you want to look gorgeous in front of your friends, you do not need to always use branded goods and expensive. Be yourself.

When you go shopping or buy something, the important thing is look at the price and not brand. Many brands are not popular in the community, but has a very good quality and also the same function. Try searching for stuff like that if you need it.

Obviously this will save a lot of your spending.

4 Things You Should Know To Get Your Health Insurance Claim Approved

So you worry if your health insurance claim rejected?

Before you go further it's better you give attention to these 4 things.

Many people get mad when their claim is rejected, because their already pay expensive premium before, and insurance company can't give claim approval with some reasons.

But I think these peoples reaction is normal, because anybody don't want if their claim is rejected, including you isn't right?

When I did evaluation to my friends claim, I was found that the documents which are submitted aren't fulfill the requirements according to the insurance policy.

The provision in the policy is the legal basis and it must be met by both policy holder and insurance company. But problem is, many insurance holder who do not read the policy properly. So, following is the important points you need to look in the policy before you claim your insurance.

1. Waiting period of your health insurance claim

Generally, health insurance have waiting period as the requirement.

Health insurance requires a waiting period (grace period). During the waiting period, the insured is not allowed to make a claim.

Usually the waiting period is 30 days or 60 days after the policy is approved. For example, the policy approved on April 1, 2017. With the 30-day waiting period, you can only claims after 30 days from the date of May 1, in that case on May 1, 2017.

So, if you or your family member are hospitalized during the waiting period, for example, on 15 May 2017 (we using the example above), then it's clear that the claim will not be accepted by the insurance company. So, make sure you understand about how long the waiting period of your health insurance.

Because of that, the sooner you apply health insurance it will be better. Because when the policy is approved, you are not immediately able to claim before the waiting period passed.

2. Some Diseases Can't Be Claimed In First Year

Not all diseases have a waiting period of 30 days or 60 days.

There are diseases that have a longer waiting period, which is 12 months.

I take an example there is a health insurance company that lists 19 specific diseases that can only be claimed by the insured after 12 months since the policy was approved.

If you claim these diseases before 1 year since the policy was approved, then your claim will be denied.

3. Make sure you're not claims pre-existing condition

Pre-existing condition is a health insurance provision that says participants already suffers a disease or condition that existed before.

The insurance company will not pay anything in case the insured had a pre-existing condition.

So, all the diseases that are suffered by the insured before a health insurance policy was approved, it will not be covered by insurance.

4 Eligibility Claims To Hospitalization

Claim application must be eligible for hospitalization.

The requirement at least fulfill the following conditions: First, the definition of hospital and clinics as determined by the insurance.

Make sure you read and meet these conditions when you need to hospitalization. Because if the hospital or clinic where you stay does not comply with prevailing regulations, the claim will be rejected. The second is the provision of what is meant by hospitalization. These provisions varies on each insurance, for example, about how many days the insured must be hospitalized so that the claim can be filed. There is insurance that requires a minimum of 2 days of hospitalization as a requirement to be able to make a claim.

But there are also other insurance that requires only 1 day of hospitalization to be able to make a claim. So make sure you understand this provision in the insurance policy.

The conclusion is how to make a claim is not rejected? Of course, you have to understand the provisions of the insurance policy, because there has stated the rules of claim payment.