Posts tagged: Strict Budget

Nov 18 2009

Budget Worksheets – The #1 Reason Most Budgets Don’t Work



We have all heard the saying “Pay Yourself First” when it comes to creating wealth and a budget. But more importantly than that is to allow for a little mad money for yourself and your spouse. The lack of a little fun money is the number one reason most budgets don’t work.

So, what is mad money and why is it so important when creating a budget. First of all, mad money is a certain amount of money that is set aside in the budget for yourself and your spouse. This money can be used by each party for whatever he or she chooses. For instance, if the budget does not allow for a month facial, the woman in the relationship could take her fun money and get a month facial if she so chooses.

If you don’t allow for a certain amount of mad money for you and your spouse soon resentment will start to set in. Each party will get very frustrated about having to stick to such a strict budget and not having any money for fun. Likewise, even if some money is allocated in the budget for fun, one of the partners may get tired of not being able to spend some money how he or she would like. This special money even allows you to save some money for a larger purchase you may want to make.

Even if money is extremely tight in your monthly budget, it is highly recommend to allow each spouse a small amount of mad money to help make the budget work. Everyone is more willing to save and track their spending if they are allowed a certain amount of mad money to spend how they wish.

Mar 14 2009

How To Find Hotel Dubai

You can find an affordable hotel Dubai if you look hard enough. If you are a traveler who wants to stay in Dubai for a short period of time, this will probably be your priority.

Unfortunately, it is quite difficult to find cheap real estate anywhere in Dubai, and a cheap hotel is very scarce. There are some that are not as harsh on the budget, however, and travelers will have to settle for those slightly above the bargain range.

A good idea is to locate a youth hostel. These hostels usually charge below 100 dhs per head daily. If you choose a double room, or just one room that you are willing to share with one other person, you can get a basic room for probably about 200 or 300 dhs.

There are also hotel type apartments or rooms for rents that are less luxurious but fully furnished.

They usually cost about 15,000 if you opt for a one-bedroom apartment.

You can also check the airlines. Some airlines offer short stay packages that allow you to use a hotel room at a reasonable price for a short period of time.

If you still havent found a place, a good way is to check the periodicals or newspapers. They will most likely have a list of hotels with vacancies in their classified ads. Some of them already advertise their rates beforehand, so that you will know whether or not it falls within your budget range. Contact numbers will definitely be listed, so a good way is to call all the numbers that offer a promising deal and inquire about room rates and other details.

What to Consider When Youve Found a Room

-One of the most important things to consider, especially when youre on a strict budget, is the price of the room. A room has its own price, regardless of whether only one person or two people will be staying in it. The room also usually comes with free breakfast, but you have to verify this with the establishment before you proceed. Often, there is a limit of people that can stay in the room, and you may have to pay additional for an extra bed if, for example, three people stay in a room originally meant for two.

-There are usually extra charges for the services and taxes. They will be added to your bill.

-Inquire about the checking in and checking out time. You might get there too early and find your room is still occupied by somebody else. Also, if you go past your check out time, you may be charged the rate of an additional day.

-Bring your passport. They may ask to see it upon checking it, especially if you are clearly a foreigner. They will either keep it or keep a copy. It might be wise to have it photocopied beforehand so that they wouldnt have to keep the original passport.

-Some hotels can actually arrange a tourist visa for you if you book them beforehand. Most of the time, only the more expensive ones provide this service and you will have to pay an additional fee for it. But it may be well worth it.

-If you work for a certain company in the locality, the company itself may have pre-existing arrangements with some hotels. They may be able to arrange special discounted rates for you. You could try inquiring in hotels about the corporate rate for the particular company you are working for.

All in all, Dubai is quite well-known for its elaborate hotels. Despite the steep prices, you will not regret your stay in a hotel Dubai.

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