Planning for future is key to success in home care service

From retirement, to home care, to finances, adequate planning is the key to success.

08:24 15 June 2013

Crisis talks are being held regarding disabled and elderly care homes, and the treatment received by individuals in their own home. It is an option that many people take advantage of, and many more will use in the future.

Mr. Lamb, the Care Minister, is saying reform needs to come quickly to ensure the quality of care is improved. He has brought attention to the fact that many more people will be in need of these services, and wants to plan the reform to ensure the future needs are met for those who use home care services.

In our lives, we are constantly planning for the future from elderly care, to a week of groceries, to paying off the credit card. Here are a few tips to help you manage your credit cards for improved finances.

• Read—any time you receive a paper or electronic notification from your credit card company, be sure to read it carefully. There might be information such as privacy policy changes, but it could be something applicable to your interest rate, minimum payments, or fees.

 

• Minimums—try not to pay just the minimum on your credit card bills. It may not seem like much, but even sending in a little extra reduces the amount of interest you need to pay, and you will be able to pay off the credit card sooner than anticipated.

 

• Interest rates—most of the time interest rates can change. You should be notified of any changes of that nature, but you might be able to talk your company into providing you with a better interest rate if they want to ensure you keep your balance with their company instead of transferring it to a different one.

 

• Transfers—if you find a credit card company that can offer you fewer fees, better interest rates, and a low transfer fee you might free up some extra cash.