Many people have concerns about environmental sustainability. When you are planning to save the earth, you should start living with some green intentions and making sure the actions you are taking are helping you reach that goal! There are some important things that you can do to ‘lean to green’.

Driving a motorcycle is believed to be a better way of transport than driving cars. If you are using a motorcycle, you are going to save a lot of energy in your daily life. This transportation mode is considered as, if not totally green, more green than a car or truck, and is suitable for most active people. It’s new for a lot of people in the developed world, but in many developing countries, bikes and scooters are a way of life and the only way of getting around without getting stuck in hours of traffic (though don’t take all of your lessons from our friends in places like India and China…you definitely need to wear head protection, and not many of them do!).

This isn’t about totally transforming your life right now, but about incremental steps to make sure that when you make the changes, you stick with them. Motorcycles are not the final step, but why not make them the first?

Green motorcycling

Green motorcycling

1. Less gas consumption

This is the main reason why motorcycles are believed to be a green option for most people. Most motorcycles usually use less fuel than cars. They are using less powerful engine than any other cars that are available these days, too. Reducing your gas consumption can help you save energy for the future, and so with each ride, you will be doing your duty to the environment considering you otherwise would have taken a car. Oh, and did we mention that you can also save money when you are using a bike in your daily life? Less gas consumption, lower insurance rates, and lower maintenance repair costs means less overall costs for your motorcycle.

2. Less pollution

There are many studies showing this fact (though some people will twist various arguments and say that they are more pollutive…the fact is they use less fuel!). You should not worry about the air pollution when you are scooting around on your Yamaha. Most motorcycles usually produce lower carbon dioxide emission than cars, with many having very high quality emission control systems that help support their high quality performance. As a result, they are not producing many dangerous air pollutants, for example carbon monoxide, smog, etc. More information about pollution at http://www.craikecovillage.ca/04/29/the-good-and-bad-news-about-climate-change/

3. Can be washed easily

Vehicles should be cleaned or washed regularly. You don’t have to spend a lot of water for cleaning your motorcycle, and this is a fact that many people will overlook because it is a supplementary benefit, rather than a direct one. Most motorcycles require minimum maintenance and cleaning, so you’ll find that you’ll waste fewer resources, and it will cost you less (like we mentioned above). It is important for you to avoid cleaning your motorcycle excessively. You can save water and reduce the detergent consumption significantly.

When you are planning to use your bike, you should also purchase some additional accessories. There are some safety items that you should purchase, so you can protect yourself from any injuries. You should choose a helmet, probably something versatile and high quality like the Shoei Neotec Modular unit we really like. You also need to purchase some other accessories, such as jacket, gloves, mask, and some other important items. These items can make you feel comfortable when riding your motorcycle. These safety accessories can also save you when you are getting some accidents.

How can a loan mortgage calculator help you?

A loan mortgage calculator helps you determine the size of the home loan you can afford. It assists you to calculate the following:

Adjustable-rate loan payments: By entering the loan term, mortgage start date and the initial rate at which you have obtained the adjustable-rate loan, you can find out the total amount required to pay as monthly payments. Fixed-rate loan payments: With this calculator, you can find out your monthly payments on a fixed-rate loan for various loan amounts at different interest rates.

What are the inputs required?

You can determine the amortization schedule with the help of a loan mortgage calculator. The calculator requires the following inputs:

  • The loan amount
  • The term of the loan
  • Rate of interest
  • The date on which you may obtain the mortgage

You can also calculate your new payoff date and the total amount you have to pay when you make extra monthly, yearly or one-time payment towards your home loan. To determine the new amortization schedule, you must enter the extra amount you intend to pay.

 


What are the factors that determine your mortgage rate?

Your monthly payments are directly affected by the interest rate on the home loans.  The mortgage rates vary depending on the following factors:

The type of mortgage you obtain: There are various types of mortgage available at different rates. The interest rates on fixed-rate loans will differ form that of adjustable-rate loans. The rate of interest on a jumbo loan is generally higher than the rates on other conventional home loans.

Market rates: Market rates have a direct impact on your mortgage rate. The market rates are in turn affected by factors like the Federal Reserve Discount Rate, stock market investment and inflationary trends.

Your credit score: Lenders assess your credit score to determine your mortgage rates. If you have a good credit score, you will be able to obtain loans at a lower rate of interest.

Apart from a loan mortgage calculator, there are also other types of home loan calculators available. With a how much can I borrow calculator, you can determine the maximum amount you can borrow. You can also use an interest cost calculator to compare the interest costs of various fixed-rate loans over different periods of time. This way you can determine which loan will help you save in more.

The economic crisis of the past few years has resulted in more people having a difficult paying off their outstanding debts. This has resulted in a huge amount of debt that has caused serious financial instability for hundreds of thousands of people. Fortunately, consumers with overwhelming debt have helpful choices to eliminate their outstanding debt. Two such choices are bankruptcy and debt consolidation. When determining which debt relief option is best for you, it is important to understand the differences between bankruptcy and debt consolidation.

Bankruptcy

The key objective of filing for bankruptcy is to discharge most or all of your debts. Once you are discharged from bankruptcy, you are legally debt free. It will allow you to make a fresh debt-free start in life. The discharge wipes out many types of unsecured debt like credit card and medical debts. A bankruptcy repayment plan will have more restrictions than a debt consolidation plan. With bankruptcy, your credit score is negatively impacted. You cannot remove bankruptcy from your credit report for a specific number of years such as 7-10 years.

With bankruptcy, you will be denied loans from major lenders and you will have to pay higher interest rates on your credit cards and loans. As well, your personal financial affairs will become open to the courts and a trustee can liquidate your assets and divide it among all of your creditors. You may also be required to turn-over any disposable income to repay your creditors.

Debt Management

Debt Management

Debt Consolidation

Debt consolidation helps a person get out of debt from multiple lenders. You will combine all of your debts into one loan with one lower interest rate. All of the penalty fees will be waived allowing you to put more money into paying off the one loan. Basically, it combines all of your debts into a single debt management program. The consolidation counselor will negotiate with your creditors on your behalf.

With debt consolidation, each month you pay the credit counseling company or the consolidation company instead of the creditors. The company will then make the payments to all of your creditors. Debt consolidation will have less of an impact on your credit score. As well, debt consolidation does not come with all of the tight restrictions that you will have with bankruptcy.

For people who have been overwhelmed by debt, they know it can seem like a vicious cycle of which they can never break free. Too much debt can cause a great deal of stress, anxiety, depression, and family conflict which is why it is essential to take steps to get out of debt. With debt consolidation and bankruptcy, you will no longer have to deal with annoying creditor phone calls at all hours of the day and night, and paying multiple debt interest rates and penalty fees. The debt relief solution that you choose will depend on your financial situation. Before you make a decision, it is wise to consult with a credit counselor who can help you make the right debt relief choice. Read here