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6 Money Mistakes Newlyweds Make…

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images (6)When couples first get married money mistakes are easy to make. You are still learning to live with one another, communication might be tentative, and money is not a very romantic subject, especially when you don’t have much of it, which is often the case for newlyweds. Another reason money mistakes are common is because couples are often opposites, meaning one is a spender and the other is a saver. This clash of ideas can lead to arguments, which is why many avoid discussing money like the plague, and thus begin making money mistakes. The good news is that with a bit of awareness, you can avoid money mistakes. The first step is figuring out where you might go wrong. Here are the most common money mistakes newlyweds make:

1. Spending Like Singles

Single people don’t usually have as many responsibilities as married people, nor do they have to pass their spending decisions by a second party. Getting used to the fact that you now should discuss your spending decisions with a spouse, especially if you have a joint account, can take some time. Realizing that your decisions impact two people, instead of just one, can sometimes take even longer. The sooner you stop spending money like you did when you were single and start sharing your spending decisions with your spouse, the sooner the two of you can discuss how to dole out your money.

2. Eating Out

One of the quickest ways to lose your money is to eat out all the time. Between the higher cost of the meal, tip, and gas (if you’re traveling by automobile), you are wasting lots of money. Investing in a romantic dinner out once in a while to rev up the relationship and get out of the house is all right, but making a habit of it is a major money mistake. Start brown bagging your lunches and making dinners together at home, and you’ll notice more money in your pocket every week.

3. Failing to Save

When you are first married and high on love, you think that you can live for the day and the future is going to be smooth sailing. But you will learn that unexpected events might throw a wrench in your plans. And you need to have money set aside for these occasions. Even if everything goes according to plan, you still need to save money. You might have kids who you want to send to college and you’ll definitely want to retire someday. All this living costs money, so start saving now.

4. Maintaining Debt

Some of you might have wedding debt to pay off. Or you might have taken out a mortgage on a home together. Paying off your debts in a timely fashion is your best bet. Debt, after all, is a weight on your shoulders that doesn’t leave until it’s paid off.

5. Unwise Spending

Spending too much is unwise. True. But, in this case, unwise spending refers to making mistakes about the products in which you are investing. Buying cheap furniture that you’ll have to replace a year or two down the road or having subscriptions to magazines or movies or anything else that you’re not using enough to justify. Cut down your expenses to the necessities and things you actually use and think long term for investments that you will be using down the road.

6. Living Without a Budget

The best way to keep tabs of your spending and saving is to create a budget. The two of you should sit down, take stock of how much you spend in a month for particular items, determine the necessities and what you can cut, and devise spending and savings goals for each month and the year’s end. Having a plan will keep you from making many of these other money mistakes.

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Travel

Exotic Resorts May Be the Best Bet for a Holiday

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An exotic vacation usually means exploring a distant foreign country, whilst resorts are places
to go for rest, sport, or which offers a particular speciality, with many resorts being part of a
popular tourist destination or on or near a beach. If you are planning a vacation to an exotic
resort it can be a once-in-a-lifetime vacation to a far-flung destination or a luxurious place to
stay closer to home where you can enjoy some pampering.

Why stay at an exotic resort

Exotic resorts often offer all-inclusive vacation deals, along with other options that leave you
to plan your stay more precisely to your own wishes. These resorts offer excellent customer
service, superb accommodation and facilities and are usually to be found in beautiful settings.
Here are some of the best resorts from around the world for you to consider:

Four Seasons Resort, Seychelles
This famous resort has made many feel they have entered Paradise. The gentle ocean breeze
floats up the granite hillside and into your tree-house villa tucked away from the other guests
staying at the resort. This is perfect for encouraging you to relax, either by your private pool
or in the clear blue waters of Petite Anse Bay. Perfect for a romantic stay, there is a Spa for
pampering and the chance for a sunset meal on a deserted beach.

Some enjoy simply sitting on their balcony, gazing at the ocean between reading their book,
sketching or checking out international bookmakers and betting sites for the chance of a
flutter. If you want another type of adrenaline kick, check out the resorts excellent kayaking
and snorkelling facilities, which are recommended by nearly all who try it.

Anantara Resort, Hua Hin, Thailand

The ultimate tropical getaway, the Anantara Resort is an award-winning site modelled on a
traditional Thai village and is just three hours drive south of Bangkok. The location is where
Thai royalty and aristocrats have been holidaying for almost one-hundred years. Today, you
can visit historical attractions alongside theme parks and shops as well as vineyards and golf
courses.

The resort is set among 14 acres of lush tropical grounds with lotus-filled lagoons and
meandering pathways through exotic foliage, with many rooms overlooking the shoreline.
Each day, chefs prepare freshly caught local seafood alongside Thai specialities. The resort
also has an award-winning spa located within a lagoon-inspired oasis offering you the perfect
opportunity to relax.

Kurumba, Maldives

Kurumba is a well-established resort that opened almost 50 years ago and continues to offer
superb hospitality and contemporary facilities. There are seven speciality restaurants offering
cuisine from Italy to the Middle East as well as Thila, a restaurant which extends out over the
water which offers gourmet breakfasts and seafood dinners.

You can go snorkelling over the nearby reef full of colourful marine life or sign up to a dive
package as part of your stay, or just enjoy a private pool when staying at one of the spacious
villages. There are also deluxe beachfront bungalows offering direct beach access and views
of the crystal-clear waters.

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Coronavirus

Healthcare Workers To Receive Coca-Cola-Funded PPEs From Nigerian Red Cross

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Since the outbreak of the Coronavirus disease in Nigeria, our healthcare workers have continued to lead the charge against the disease. As the number of recorded COVID-19 cases in Nigeria began to increase, these healthcare workers rose to the challenge and fought tirelessly to protect the lives of Nigerians impacted by the disease.

Considering the risks these healthcare workers face, there is a crucial need for adequate protective equipment for these brave frontline workers.

Coca-Cola is excited that over 400,000 Personal Protective Equipment (PPEs) procured to support the intervention efforts of the Nigerian Government and other key stakeholders to fight the COVID 19 pandemic have arrived. We do believe that this will to provide succor to our healthcare workers on the frontlines

These PPEs comprise N95 respirators, surgical masks, examination gloves, face shields, medical gowns, no-touch thermometers, disposable aprons, heavy-duty rubber gloves, rubber boots, basic masks, disposable gloves, and hand sanitizers.

Since the first confirmed case of the disease in Nigeria reported in February, over 800 healthcare workers have contracted the disease. While Nigerians are encouraged to stay home where possible and practice social distancing, these healthcare workers are needed across the country in the continued fight against the disease.

This donation forms part of The Coca-Cola Foundation’s COVID-19 relief interventions in Nigeria. The Coca-Cola Foundation has provided $2.5m in grant to IFRC who seeks to directly impact the lives of 1.4 million people in Nigeria and across other countries in West and Central Africa under this partnership.

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Events in Nigeria

Taking Care of Tomorrow’s Leaders Today – The itel, Lagos Food Bank Example

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Waking up to a special meal or choice gift is the best feeling ever. Hundreds of children in Mushin, mainland Lagos, had a filling taste of this feeling for the October 1 st celebrations. It’s an experience they will remember for a long time.

Being one of the most responsible corporate citizens around, celebrating Independence Day was always going to be on the radar for itel Mobile. To make this possible and memorable, the brand got to work in earnest. The focus of the work was picking the best way to commemorate the 60th independence anniversary of the most populous black nation on earth.

The efforts soon paid off through an impact-driven partnership with the Lagos Food Bank Initiative. With the arrangement, both partners considered a couple of activities capable of affecting communities positively and bringing smiles to people’s faces in Lagos. At the end of the exercise, taking care of children, the leaders of tomorrow, in the commercial city secured the highest votes.

With the decision, itel Mobile set about making this happen. Not surprisingly, the decision was
influenced by giving children the means to excel and prepare them for leadership and nation-building, for them to enjoy better life. For the good of their immediate family, community and the Nigerian society.

Idiko, Mushin, a suburb of mainland Lagos, was chosen as the benefiting community. And the partners strategically reached out to the beneficiaries, children and families, with gifts of love, care, happiness and support made possible by the itel Love Always On CSR initiative.

Over 1,000 families benefited from the gesture as well as 600 children, and each one of them received food packages to celebrate Nigeria’s 60 th Independence Day commemoration.

Speaking on the event and itel’s Love Always On CSR Initiative, Oke Umurhohwo, itel’s Marketing Manager said, ‘We wanted to mark this year’s Independence Day celebrations differently, and that is why we did something so momentous for our children. Children are the backbone of any longstanding community, and as such, we are proud to be able to give back and support them on their journey as leaders of tomorrow and for a better life.’

To meet the demands of the memorable event, 30 volunteers joined the customer-centric brand and the Lagos-based NGO to share smiles, and to convey just how important it is to love and take care of today’s children who will ultimately become leaders of tomorrow.

With the thoughtful activity, there are insights for everyone, from the government to citizens, on partnerships that are capable of making life better for children. Indeed, itel Mobile and the Lagos Food Bank Initiative have offered a great template on bringing this to reality.

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