CREDIT

CREDIT

                 Credit is a payment that which can be done without having to spend cash at the time of transaction. There are advantages and disadvantages of credit. For advantages, credit able to buy needed items now, quick,and easy to buy item we want. Just give our a valid credit card and we get our needed items. Don’t have to carry cash, yeah.. if we use credit, we don’t have to carry a lot of cash because we can make transaction by credit. Creates a record of purchases, with credit we know how many our purchases, our debt, and also our limit credit payments. More convenient that writing checks, if we are shopping at the mall, of course we can’t pay by checks, usually the shop only accept payment by cash, debit or credit card. So, It’s more convenient. Consolidate bills into one payment, by using a credit card, we can also consolidate bills into one payment so it will be easier for us when pay the payment. For disadvantages credits, with credit we will get charge interest on loans granted. May require additional fees, and also credit can require additional fees like a late fee when passing term credit repayment. Financial difficulties may arise if one loses track of how much has been spent each month, because we can’t know that spending has exceeded the limit of available funds on credit. Increased impulse buying may occur, we’re easy to buy, then we can’t increase implusif.

                  

                     Before we open the Credit account, we must know the three Cs. The three CS is three point most important to handle a creditor to set the use of credit. The three Cs consists of  character, capital, and capacity. Character as a guarantee, will you repay the debt? That is whether you have used credits before, you have characters that can be trusted to repay the bills on time. Capital as a guarantee, What if you don’t repay the debt? To have a credit that right you must have capital like a savings account or property that could be pledged as collateral or futures investment to can repay the credit. Capacity as guarantee can you repay the debt? You have been working regularly in an occupation that is likely to provide enough income to support you use credit.

              

                     My reflection, I think the credit is useful when we need convenience in transaction but the effects of credit is very dangerous when we were unable to repay credit payment. Our possessions could be seized  and we lose everything that we have to pay the bills if we can’t repay credit payment. It should be to have a credit account we should really be able to repay our obligations as creditor and fulfill the three Cs as three point most important to handle a creditor to set the use of credit.

Banking Services

Three Banking Model in 2016

              Bank in the future including an optimized branch network, sales force effectiveness, Multi channel integration, and than digital distribution. In the revolution bank of 2016 there are three new models of bank, first The Intelligent Multi-channel Bank, second The Socially Engaging Bank, and third The Digital Ecosystem Bank. Each have different advantages.

                  Of the three I choose one to explain that is the socially engaging bank. The socially engaging bank is a bank who give us a facilities information by a social media network. 400 % increase in facebook usage since 2009 until 2011. like a e-banking , the socially engaging bank give a information about our saving , customer behaviors, interests, expectations and preferences about customer issue. American Express has also several social media with " link, like, and love" by facebook, twitter and the other social media.

                 My reflection, I think many people likes this bank, because the socially engaging bank is so simple and fast access with technology in the future. We can access our account everywhere we want to know, simply, fastly and accurately. In order to survive and thrive the model we choose to be may require developing a mix of capabilities. 

Buying a Home 

          Having own your home is s dreams of everybody, and than we buy a home is very appropriate to our tastes, what we needs and wants, from location, strategically or not, its building type, exterior facilities, interior design and much more to be able our comfortable while in the house.

    

          The first, I need to buy my dream house, after I collected  the money to pay down payment. I will find the location of the house is strategic located on the city center and public facilities, and I also need to know how the security of the region, how the state of water, soil, and absorption must be good in order to avoid floods, after finding a suitable location and get a reliable estate agents that the real estate agents can account for all of the rights that I will receive the good condition of the building, until the certificate of ownership of land and buildings is legitimate.

         After getting a suitable location, the house in accordance with the type I want, I have to prepare how to design the building and for that I have added some renovations. I'll build some exterior facilities at the front and the back of my house, because it has a large  land with the type of home without a ladder but still widely in it because I like it. The front of the house I built a gazebo and for around I will  plant many flowers and fruit trees that seem more calm and will increase the absorption. besides the fruits can be consumed, and also so that my family and can make outdoor party when we wants. For behind the house I would build multilevel swimming pool with depth of first to second meters with stones surrounded by white gravel around the pool that to prevent slippery floor for the pool water can also serve to increase blood flow, and also I will add a beach chair along the table to relax ourselves after swim, and alongside of my backyard house. I also add some flowers, because I really like flowers and its more fresh.

         For interior construction, I have three bedrooms, with two bathrooms inside and one common bathroom, a living room, a living room, a kitchen and a dining room, and than a garage. A minimalist design that comes with wallpaper soft blue sky and more flowers design too, to design my bedroom, I use wallpaper artsy theme tree and I'll add a few picture frames in the branches of the tree design be like this :

        My reflection about buying a home, to buying a home that suits our needs and wants, we would need a substantial budget to make it happen. And for me, my dream house is a house that is strategic located on the city center and public facilities, and I also need to know how the security of the region, how the state of water, soil, and absorption must be good in order to avoid floods because if it is less important to make us uncomfortable when staying at home and it can be said that we fail to have a dream home.