Author Archives: Yami

Budgeting Tips for College Students

Almost every person I know worries about their financial situation one way or another. And in the wake of the Covid-19 pandemic, it is no surprise that many people, especially the younger crowd, are feeling a heavy weight on their shoulders financially.

My kids are out of college now, but they worry about not having enough knowledge about budgeting. Here are some suggestions that have helped them tremendously. These might be helpful also to some struggling college students (or anyone) out there who needs them.

Keeping a budget as a College Student

People who are good at handling their finances work on an in-depth budget for the next month. Budgeting does not mean restricting spending but predicting your expenses at any given time. Keeping an acceptable budget is one of the most important things you can do.

Creating a budget is a balancing act for sure. There is a learning curve and external factors that influence how you budget. But once you get the hang of it, you’re all set. When you make a budget plan, plan for the worst, and hope for the best. You can even do it on a spreadsheet if you are feeling fancy.

There are a lot of productive ways that one can do to save money. These are some of them:

Listen to Finance Podcasts

Another way to improve your financial literacy is by listening to podcasts about finance. You can learn so many things about budgeting and other topics about financial matters through a podcast. You can listen while doing household chores and errands. It’s a great way to soak as much info while doing other things.

S.M.A.R.T Goals

You have probably heard of SMART goals, which stand for Specific, Measurable, Achievable, Relevant, and Time-Based.

  • Specific – It’s a good idea to set goals categorically. Set a limit for how much you can or should spend on each category. When you do this, you are making your budgeting a little more manageable and minimizing the risk of overspending. 
  • Measurable – You can make a system to determine whether you have succeeded or failed in your monthly goal. It should be easy since you are already keeping track of money. If you spend half or less than half of your monthly budget on dining out, it’s a success.
  • Achievable – Make sure your goals are attainable for yourself. It’s okay to take baby steps. By doing it little by little, you’re making it more of a habit, which will set you up for long-term success.
  • Reasonable – Make sure that the money you’re earning is proportional to how much you are spending. Financial independence is a big part of every young adult’s life, but be sure you’re not falling into the lifestyle creep.
  • Time-Based – Deadlines are super important, especially for short-term goals. Make sure you stick to them. Additionally, you can set long-term goals by spacing them out monthly.

Budgeting Apps

If you are using a smartphone, you can download a budgeting app to your phone. Not only does it help make things more organized, but they’re also almost always free.

Photo by Sharon McCutcheon on Unsplash

The Envelope Method

I picked up this method a couple of years ago, and it has been a lifesaver. The envelope method is helpful when you are having a hard time budgeting. It means that you have an envelope filled with a budgeted amount of cash for every need that you might have, be it food, clothing, or other necessities. Everything that you spend money on must come from the envelope only. If you haven’t used all the money, you can add it to your next monthly budget. Keep your priorities in check the next time you want to spend money on something you probably don’t need.

Dealing with Bad Credit

Anyone can have a bad credit score, regardless of age. However, it seems that young people today have bad credit scores. A poor credit score does hurt your chances of applying for things like credit cards, loans, or even renting your place. You can still get a loan despite poor scores, but it may take a while to find a place that can offer you a loan with your situation.

Luckily, creditloan.com offers bad credit loans for people with poor credit scores. What exactly are bad credit loans, you might ask? It is a personal loan that you can take if you ever have poor credit scores. 

What you Need to Know About Fire Sprinkler Inspection

The importance of fire sprinkler inspection like fire sprinkler inspection and testing NYC cannot be overstated. Without fire protection, you are opening yourself up to the risk of hefty insurance claims and other property damage. Not only is it essential to keep your building safe, but it will also save you from expensive fines. NFPA 25 stipulates a schedule for inspection, testing, and maintenance of water-based fire protection systems. Failure to perform these inspections on time could result in hefty fines.

NFPA 25 

NFPA 25 is the standard for water-based fire protection systems. The document specifies the minimum inspection, testing, and maintenance procedures for water-based fire protection systems, but authorities with jurisdiction may require additional testing and reviews. The document is intended to ensure the reliability of water-based fire protection systems and maximize system integrity. Although the document was written in 1992, the latest edition is currently available.

In addition to NFPA 25 requirements for water-based fire protection systems, NFPA provides contractors guidance. Contractors who install or maintain water-based fire protection systems must follow the schedule set forth in NFPA 25. Failure to follow the schedule may result in a false alarm, which could put emergency personnel in a precarious situation.

Quarterly inspections are required

According to the National Fire Protection Association (NFPA), fire sprinklers should be inspected yearly. The schedule depends on the type of system and occupancy of the building. First, a visual inspection is performed on sprinkler heads and other system components. An annual inspection is more detailed, involving the exercise of control valves and flow testing of fire pumps. In both cases, the sprinkler inspection is necessary.

Fire sprinkler systems should be inspected quarterly, and a licensed company should perform these checks. The inspection must include a comprehensive record of the findings. A fire protection company should keep these records for at least a year and be readily available upon request. A fire sprinkler inspection protects your property against code violations and fire safety failures. You can schedule one of these inspections in advance by choosing a company that offers multiple locations.

Failure to do so can result in hefty fines

Failing to inspect fire sprinklers can have severe consequences for a business, including hefty fines. Not only can fire sprinklers fail, but they can also be damaged when the building is not occupied. In addition, if the sprinkler system fails to operate, an AHJ will require an inspection. The fire code NFPA 25 also mandates regular testing of fire sprinkler systems to ensure that they will operate properly and minimize the length of sprinkler outages.

The NFPA 25 provides guidelines for annual or quarterly inspections for different elements of a fire sprinkler system. For example, control valves must be checked at least once a year, while sprinklers must be tested every five years. Other system components require annual or quarterly testing, while some are subject to manufacturer-specific guidelines. It is important to understand all of the requirements before beginning a sprinkler inspection.

Cost of inspections

The cost of fire sprinkler inspections varies based on the size of the building and the number of tampers and risers. For a typical 52,000 sq. ft. building with one fire sprinkler riser and 1-3 tampers, the cost is between $1,500 and $2,000 per year. Even for smaller facilities, fire sprinkler inspections are an excellent investment. While the cost may seem prohibitive, a fire can cost tens of thousands of dollars in damages, and it is well worth the cost to protect your commercial property.

In addition to a fire sprinkler inspection, the team must dispose of water. The easiest way is through a hose. However, some facilities do not have these facilities and require technicians to fill barrels with water before testing the system. This will increase the overall cost of the fire sprinkler inspection because it will take more time for the team to empty the barrels and then retest them. In addition, in some instances, fire sprinkler inspections will be more expensive if the fire sprinklers are connected to a pre-action system.

Advantages of Enzyme Treatment

The advantages of enzyme treatment are numerous. They are safe to handle compared to highly reactive and unstable chemicals. The treatment process helps improve yields and reduce the products’ toxicity. Enzyme treatment also eliminates the need for special equipment or chemicals. It can be used in different industries instead of polluting chemicals without the associated risks. It has several advantages, which are detailed in this article.

Enzyme treatment is safer to handle than highly reactive and unstable chemicals

High-hazard chemical substances are highly reactive and can cause various adverse effects, including damage to the human body and high pressures. Reactive substances also produce flammable gases and release other chemicals more toxic than themselves. HCS recognizes three categories of hazardous materials: organic peroxides, highly reactive and unstable compounds, and chemicals involved in slow decomposition processes. Reactive substances are dangerous for humans and animals.

It improves yields

In the biorefinery, enzyme activity plays a significant role in the process. It can increase yields and efficiency while decreasing the cost of production. It also reduces sulfide used in the tanning process. However, this advantage is not without its drawbacks. Let’s explore some of the essential enzymes in the biorefinery. The benefits of enzyme treatment are vast. Here, we will examine some of the most commonly used enzymes and their benefits.

Enzyme treatment improves yields by improving carotenoids in tomatoes. In a study, total carotenoids and lycopene were produced at higher levels than untreated samples. In addition, cellulase was more effective than pectinase, which may be due to the high cellulose content of tomatoes. Another study showed that ethyl lactate was more effective than ethanol and acetone in improving biomethane yields.

It reduces toxicity

Enzyme-based drugs have been used for decades. There are a variety of enzyme-based drugs on the market, including topical applications and systemic treatments. These enzymes can be ingested, injected, or administered in various forms. Here are some advantages and disadvantages of enzyme therapies. The benefits of enzyme therapies are that they are concrete and can target multiple target molecules. This enables them to restore normal physiological metabolism.

While enzymes have demonstrated significant efficacy in several diseases, their potential toxicity is still a concern. One of the most significant drawbacks of enzyme therapy is its rapid clearance in vivo and the risk of off-target interactions. Fortunately, some advances in enzyme therapy are being made to overcome these drawbacks. Nanoparticles, liposomes, and erythrocytes are studied as enzyme drug vehicles. Molecular modifications are also underway to make enzymes more specific, and PEG modifications are among those surveyed for therapy use.

It improves circulation

The development of a new method for treating cardiovascular conditions, enzyme therapy, is gaining traction. This treatment works more profound in the body’s systems to improve circulation and reduce pain. Enzyme drugs are being studied for their efficacy and potential as dietary supplements. Some enzymes are derived directly from snake venom. These substances can potentially improve various conditions, including heart disease, stroke, and high blood pressure.