Money Making Schemes

Nagesh answers:

Did you ever think about just buying a calling card. You can put as much money on it as offten as you want. I believe they charge 1 cent a mintue ( I suppose it would add up).

Virgin is a very good service, and quite inexpensive, or cheaper I should say, nothing is inexpensive in this world! I believe Telus is great also. You should first ask about their plans before you just go into prepaid, that can add up quickly too! My plan offeres 500 mintues of long distance (including international) – so anywhere time per month, along with it’s other perks – for only 25$. Get them to tell you about the hidden charges. I know my sister tried to get a prepaid and they wanted almost 500$ for the phone!! And then they wanted 40$ for an access fee or something, 13$ a month just because you have the phone and it is hooked up and then as much as you could afford to put on the phone, which was quite ridiculous. I believe it was 40 cents a mintue on talk time, 25 cents a text, ect.. – Just be sure to get all the info you need before you sign stuff 😀

Nagesh answers:

Take travelers checks and send the numbers to your own internet e mail address in case you lose the checks they can get replaced.

If you get the checks in US dollars, you can compare bank rates when you are there and choose. Travelers checks still remain the best way to ensure reliable money on trips. American Express is international and will quickly replace them if lost or stolen.

You can withdraw from most ATM’s in England with your bank card. There is not the same charging system in England for using other banks ATM’s (Avoid the ones in stores, stations etc as they do charge). You bank will decide the exchange rate at the time and may also charge a small fee.

All the UK has “chip and pin” so you need to make sure you have your PIN numbers then you can use your bank card or your credit card in any stores, restaurants etc.

HSBC is a British company with plenty branches in England so you would think “the worlds local bank” would help but don’t rely on it, they suck.

Nagesh answers:

Most sellers have that information in the description. But the most common pay requirements is within 3 days. But if you email them explaining the situation after you win the bid, most people would be willing to work with you on the sorta thing.

Nagesh answers:

In reality, each lender scores you individually based on their own assessment of what is important. There is therefore no precise way to improve your credit rating. Lenders will make their judgement from your application form, from any previous dealings that you have had with them as a company and also from credit ratings agencies such as Equifax and Experian.

Credit agencies will pull together information from the electoral roll, County Court Judgements (CCJs) and many sources of financial data. Credit rating agencies allow you to check your records for free.

Overall, the more stability you have to your finances, the better. Ultimately, lenders want to know that they are going to get their money back. Stability might mean a stable job, stable accommodation, a history of not missing payments on cards/mortgages and so on.

Would you lend money to yourself? If the answer is genuinely “yes”, then you shouldn’t have a problem.

There is a huge amount of really useful information on this on the following website:

www.moneysavingexpert.com

Disclaimer:
The answers above are for guidance only and should not be acted upon without you receiving independent financial advice relevant to your circumstances. To find and IFA please call 0800 085 3250 or go to http://www.unbiased.co.uk.

Nagesh answers:

I can’t prove anything, but I have been told that compared to most/all of Europe, it is cheaper to come to the US, get your training, pay for the transportation and lodging, and then go back to Europe to convert your licenses back. I have no data, just anecdotal stuff. So you might want to look into this.

As far as flight training, see the caveat above with regard to cost here vs there, a Private Pilot Certificate will cost anywhere from $6000 to $10,000 depending on whether you need to be spoon fed the ground schooling, how much time you spend preparing for you actual flight lessons (ie. The airplane is an expensive place to have a tete-a-tete regarding the correct sequence of actions to perform a maneuver), how often you fly (in my opinion, at least 3 times a week is minimum, and more is better), whether you purchase a $1000 Bose headset or a $130 Avcom (I spend about 10 hours a month in light aircraft, and I use an Avcom), and how quickly you acclimate to the environment.

The rest of the ratings will cost somewhere in the $40K to $80K range depending, to some degree on the same items that affected the cost of your Private, and to some degree depending on which school you select, and where the economy along with the supply and demand curves are. In the US, student loans are available—I have no idea about the UK.

Once you have all of your ratings, you will need to build enough time to qualify for a small airline, and you will do that by flight instructing, flying pipeline, flying charter, …

With a dash of luck, some flying skill, some interpersonal skills (it is still very much a people business and an incredibly small community) you can get a job with a regional airline with somewhere around 500-2000 hours. You might be able to get a job with a major carrier with around 3000-5000 hours.

Keep in mind that there are often well over a hundred applications for each and every pilot job at all of the major airlines, but these things are driven by the laws of supply and demand. At times, 10,000 hours, 3 moon landings, and a PhD in aeronautical engineering won’t get you an interview. At other times warm blood and the ability to find the hiring office, will get you a job. This is where the luck part comes in.

Whatever you do, get your 4-year degree. If you have the money and the time, go out to your local airport, and take some flying lessons. You’ll know soon enough whether you want to pursue this career path. Get an aviation medical and make certain that you are healthy enough to fly for a career. Take one at the top level just to be certain.

Good Luck