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Personal Finances and Debt Management

Income is hard-earned and precious in terms of future needs. Don’t think of it as ‘easy come, easy go’ as many are all too wiling to do. To ensure one can manage one’s needs and not go into debt it is advisable to put some aside each income day. That little next will grow in time and when emergencies arise it will be on hand. If, on the other hand, one has already stuck bad times and has debts as a result then there is a way of managing it.

For this exercise you need a special book. It can be an exercise book in which you rule some columns, or the more specialised ledger bought from the store. On one page you need to write all your debts, include such things as rent, expected cost of shopping, and such. It matters not the quantity or size at this stage. Make a total at the bottom.

On the opposite page write out all your income. You will quickly see how much short you are between the two columns. Now here comes the tricky bit.

Subtract the rent and expected shopping from the expenditure total. Now decide what are the most pressing bills you have to pay and the total of them? Ring each company and offer a smaller payment per week or fortnight over the next couple of months. Don’t over reach yourself and make sure this is doable.

Make a note of this commitment on the debit side and total that to the rent and shopping amounts and make sure you have covered them. Now take a little extra, whatever you can afford, even if it’s as low as $5 or $10 and slip that into an envelope and put it in a safe place. Don’t spend a cent unnecessarily. Forget the cups of coffee and luxury items because they don’t fit the budget.

Slowly work your way out the debt situation and don’t buy anything for which you can’t pay cash. Cut up the credit card and use only cash to purchase your goods. Rent can be paid through the b-pay system is possible, along with the bills from other companies. This will save you time and effort in running around.

This program works and all it takes is discipline and time to work out the budget and stick to it. In time the little bit you set aside each income day will give you security to deal with the unexpected humps as they arise. They might also be enough to provide an outing or a holiday once in a while. Under no circumstances relax about managing debt because you will never regret it.

Norma Holt has knowledge that enables her to understand many issues. Political, social and behavioural problems are usually on her list for discussion as well as anything to do with the Spirit of the Universe and reincarnation, which she experienced. She is happy to hear from any of her readers.

Top 6 Advantages of Riding an Electric Scooter

An electric scooter is a two-wheeler vehicle that drives without any use of fuels. One can charge it using the electricity. Plug the charger in and get your scooter charged without any hassle. There are no problems of standing in the long queues to fill the tanks. Just sip your tea while the vehicle gets charged.

Talking about the merits of using it, the top six are given below.

1. Eco-friendly

An electric scooter does not produce any pollution be it air pollution or noise pollution, and thus is eco-friendly. Apart from saving our valuable resources, like petrol, it keeps the environment clean and healthy.

2. Cheap

This is a very useful option for you to save money. These scooters need electricity for the charging and thus saves your huge amount of money spent on petrol and other fuels. While saving the prices of fuel, the scooter itself is cheap to purchase as compared to the other scooters available in the market.

Also, there are low maintenance costs of using it. Therefore, even the low-income earners can afford it and can make their life easier with this very useful invention.

3. The Portable vehicle

There is no hassle of waiting in long queues to fill your petrol tanks. Just carry your charger of the scooter along with you and charge it whenever the battery runs out. Plug in your charger, and charge your scooter while using your precious time anywhere else. Also, these scooters come in different colours and designs to suit your personality. And, one can use it to set the trend in the market by showing off its amazing colours without spending a huge amount.

4. Comfortable

An electric scooter is very easy to handle and girls and women can use them without any difficulty due to its lightweight properties. Even if it breaks down, a girl can alone push it towards a nearby safe and shady place to park it. Besides, many of them are with adjustable seats too. No matter whether you’re short or tall, you can adjust the seat, according to your own comfort.

5. Park anywhere

The greatest advantage of having this electric scooter is that you can park it anywhere. As we can see that the urban cities are already very crowded, this scooter saves space. It doesn’t require a large place like a car or any other vehicle. Hence, one can park it in their verandah as well to keep it safe at your place.

6. The perfect gift

Due to its great advantages, this can be the perfect gift for your loved ones. Be it your young daughter or an elderly person, this turns out to be very useful for everyone. One can gift them to their children, especially daughters so that they can travel easily and that too safely with their own vehicle as they are very light in weight and easy to use.


Do not think so much and just go and buy this very functional and helpful technology to serve yourself and your dear ones. Make your life easier and trendy with these electric scooters and ride your way out.

But, do not forget to wear helmets. Being safe and healthy is all that we want today.

Mice, Storage Unit Terrors

As anyone who has ever had a mouse in their home can attest, mice can do a tremendous amount of damage to household goods. Now try locking them in a room alone with your household goods for months with no interruptions. They can chew through boxes make nests out of clothes squeeze through tiny little openings, scale slick nearly vertical pathways. There doesn’t need to be any food to draw mice in they will worm their way in just for the fun of shredding a first edition rare book or building tunnels through your new leather couch and love seat combination. The only household goods that are safe from these terrors are plastic toys.

So, what can you do if you need to store your household goods in a self storage facility for a period of time? You can box all of your goods in those plastic tubs you can buy at Walmart, even the most tenacious mouse is not likely to go through one of these. And even then the little rodent would only have access to one box of your goods while he starves to death now toothless and suffering. Make sure the storage unit facility your using has a mouse abatement program. Mouse abatement can work quite well but it really needs to be distributed across the whole facility to work well. Therefore; the programs that work are ones that can usually be seen by customers, like blocks of poison in every unit, or metal mousetraps on the edges of each building, or five gallon buckets which are used for traps at the ends of buildings. If you don’t see the tale tell signs of a mouse abatement program then the self storage facility probably doesn’t have one.

What other options do you have, a mouse proof facility, do these actually exist, yes, they do and the ones that are mouse proof are usually dust proof as well. In these types of units if you don’t bring a mouse in with you when moving into the unit then the mouse can’t get in. These units are usually based on the shipping containers that come over the ocean from china on a ship and the are sealed steel container with a weather, dust, mouse proof compression seal all around the door. When the door is closed it smashes down the weather proof seal around the edges using an 20 inch lever on the door latch when the door is closed correctly nothing is getting in or out of that storage unit until it is opened again

Of course there are those that say they are mouse proof but they are not take a look around the unit is there an gaps between one unit and the next big enough to slide 4 credit cards stacked up through. Even on the ceilings rafters are highways for mice and if storage facilities have them they better have an abatement program for mice.

A Small Business Loan Is Easy to Get If You Are Doing the Important Things Right

When your business is in its starting phase, you need a loan to grow it. Yes, there are ways for you to start your business with very little capital, but even in the age of the internet you need loans for the growth and expansion of your business. Oftentimes, startup and small business owners are scared of taking loans because they believe returning the same loan with interest on it will hinder their growth. The fact is a loan is not such a big liability if you have done your homework before getting it. Hastily getting a loan without researching the market and knowing your business’ growth potential can be detrimental to the business.

Your Business Plan Matters Big Time

It does not matter how experienced your management team is when your business plan is weak. When you ask for a loan from lenders, they are trying to find reasons to forward you the desired loan. They want to be sure that the loan they forward is returned in time and according to the terms and conditions set at the time of loaning. Lenders will seldom gauge the potential of your business to return the loan based on what you speak. What they want to see is a solid business plan and that’s why you need to have an impressive one. A strong business plan will consist of the following and some more.

  • The company description
  • Management role and experience
  • The product description
  • Strategy for marketing
  • Financial projections
  • An executive summary
  • Documented cash flow

Keep in mind that banks often look at the cash flow in the documented form, and their scrutiny is not limited to what your projections are for the future but more importantly how you have managed things in the past. They will look at your company’s cash flow records for past couple of years to see if you should be given the loan you are asking for. So, keep your business plan in mind and make sure you have worked on every aspect of it to present something impressive to the investors.

Your Loan Options Are Many

Sometimes, you have a solid business plan and everything else is in place, but your understanding of loan options is not at its best. Many small business owners live with the impression that the only institution available to them for obtaining a loan is a bank. That’s far from truth because there are dozens of other ways to obtain the loan or investment for your startups that’s much easier to manage than a bank loan. Some of the options available to you include SBA loans from the government, invoice financing, business equipment financing loans, etc. If you are just a startup and none of those options seem viable to you, there is online fundraising.

Online fundraising has become quite a popular method of getting investments for your startup from individuals who trust in your idea and concept of the business. Using funding website you have access to hundreds of thousands of investors located all around the world that are willing to help if you can convince them with your business plan and the team that’s behind your project. So, avoid making the mistake that many small business owners make when they think bank is the only place for them to get any money for their businesses.

Your Timing to Apply for a Loan Is Important

This is a huge mistake that small business owners often make and pay the price in the form of not being able to obtain the loan they want at the terms they want. See, you will always be told to have a strong business plan because that’s the only way investors will trust you as an entrepreneur or businessperson. When you create your business plan, you are not just jotting down random numbers on a piece of paper. Your plan should give you an idea of what your business’ needs will be in the coming times. That’s when it makes sense to apply for loans well in advance and not at the eleventh hour.

When you apply for a loan at the eleventh hour, you are seen as a business in trouble. Most investors will see your business as the sinking ship and they will never want to get on it. Obtaining a loan in these circumstances can become close to impossible. This is the reason why you should apply for a business loan in advance and not at exactly the moment you need it. You also have to keep in mind that loan approval process takes time too. If you need the cash on an urgent basis, every day that passes during the approval process will be causing more damage to your business.

The Right People Can Make the Difference

Delegating responsibilities to the right people is an art and skill that not many business owners have. Oftentimes, small business owners rely too much on their own skills and are scared to trust any other person to do things for them. This can be a grave mistake because you cannot be the jack and master of all the trades at the same time. For example, you might be great at crunching numbers and making accurate projections for the business but not very great at sales and pitching ideas. If you have to pitch your business idea, its marketability and scope to the investors, choose the person who can best present it. Despite your great business plan, you will fail to obtain a loan because of your nervousness and lack of confidence when it comes to acting like a clever salesperson.

You have to bear in mind that investors are not investing only in your business, they are also investing in you. It is very important for them to like your personality to invest in your project. Appearing unprepared or nervous in front of them will send an impression that you are not fit to lead the project, your decision making is faulty and that you cannot create strong teams.

A Well-prepared Presentation Can Win Hearts

It does not matter who is giving the presentation when the content is boring and does not address the points that investors are most curious to know. First, get your numbers straight and bring them into the presentation at the right points. Be the investor in your mind and think of the questions you would ask if someone presented the same product/service to you. Have your accountant, advisor and business lawyer by your side when preparing the presentation. You don’t want to give wrong figures during the presentation and fall for a bad deal at the end of it. The most important thing is to explain your business idea as clearly as possible. Many times the presentations are so all-over-the-place that investors can’t make heads and tails of it. If they don’t understand your business, they will never invest.

So, bear in mind that obtaining a loan is not that big of a challenge. Most of the times, it is just some small mistakes in the areas mentioned above that become the cause of lost opportunities to get the right loans for your business. Create a solid business plan, choose the right people to represent your business and use all the options that are available to you at the right time to grow your business at the pace you want.

Benefits of Opting for Garage Door Installation

If you are looking for a way to add value to your home, as well as practicality and aesthetics, then garage door installation is a great place to start. After all, what’s not to love about being able to move “seamlessly” from your home’s interior to your vehicle without ever needing to brave elements? Plus, by having garage doors installed, you will be able to take that open-air carport – assuming you have one – from being open and easily accessible to anyone who wants to pull to a fully enclosed space, thus improving your home’s security set up.

But, what are some other reasons to opt for having deciding to add a garage to your home? Are there any other advantages to be had by opting for a garage to be included in your home’s blue prints? After all, not adding a garage to a new house build could save you money – right?

Actually, not so. Having a garage can benefit you in a variety of ways. Consider these reasons for having garage doors installed.

· Having a garage door means that your vehicle is protected from the elements of the weather.

· Keep your vehicle protected from dings, scratches which makes not just you happy but your insurance company, as well.

· The risk of having your vehicle stolen or broken into is unlikely.

· Having a home garage rather than parking in the driveway or on the street, is much more convenient, plus you don’t have to be concerned about people potentially hitting your vehicle while it is parked.

· Not only does having a garage mean your vehicles are not on the street, but it means that by not being there your home’s curb appeal is increased.

· Crazy as it might sound, most vehicles are only driven 5% of the time. This means that your vehicle is sitting “dormant” the large majority of the time.

· Having garage doors installed often results in lower rates for both your home owner’s insurance as well as your vehicle insurance.

· Your vehicle’s engine stays ready to go. By being kept out of the elements, your car’s engine doesn’t get as cold it stays more lubricated.

· You don’t have to wait for the ice to melt off of your vehicle, or be concerned about the windshield being covered in snow.

Having a garage means that you not only add to the style and design of your home, but it will also save you money for years to come. Don’t just keep debating whether it will benefit you to choose this addition. Talk to a garage door pro today.

Let the Interest Rate Elephant Into the Room

The feelings some business owners have about interest rates, when financing equipment or anything for that matter can be equivalent to online dating or anything we engage in that we attribute to the measure of our self-worth – it runs that deep. Why don’t we measure up? Are we good enough? Lots of old drama can boil up when working through a business transaction where you have to finance equipment or borrow money.

The issue is lenders are in the business of assessing risk, evaluating it, breaking it down, measuring what you have done in the past and also projecting that into the near future. It normally involves very little or no emotion so that an objective analysis can be done with an impartial decision. Business owners can play the drama in their heads, know the struggles they have had to get to where they are now and wear a medal of valor for having survived all the challenges. But that is the type of drama that underwriters and analysts stay away from. Yes, it takes formidable courage and tenacity to start a business, expand a company division, create a new product line or invent a new market product and every single person that goes down that path deserves a break but the reality is not everyone will make it. Failure can happen when the person simply stops trying due to the emotional fatigue or runs out of resources and capital or is pressured from the outside by family and spouses that come down on them to take a new course.

Therefore, not every finance application can be approved – every business owner and finance manager is aware of that. Your past performance and current business status will either garnish an approval or end with a decline; for a debt lender, the past personal struggles do not come into play. The feelings of “they don’t understand my business… ” will swirl in their heads but it will not change the fact they have not met the required approval criteria.

Finance applications which are approved can have a wide range of terms and conditions and this is where the expectations come into play. Almost everyone feels they deserve the best; the best (lowest rate) and best terms. The ideal loan for a new business would be a 3% rate that they could payoff and terminate whenever convenient with no fees and no personal guarantee but this is a fantasy and does not exist. Loan rates are based on: dollar amount financed, the more money financed the lower interest rate you pay; your time in business, usually over 5 years is best; your gross sales and cash flow, not just for one quarter or one year but for several consecutive years to show consistency; credit history, D&B and FICO records with clean history without liens and defaults is vital and finally, the type of equipment you are financing, does it have a strong resale value in case of repossession. These factors all play a part in the approval process with some weighing in more than others depending on the lender.

The fact someone has been in business for 30 years and feels they deserve the best rates possible is understandable but if during that time they have had marginal profits, high amount of debt and personal credit that shows a couple of defaults and a medical lien then the reality is they will not get the lowest rates possible because they will be viewed as a higher risk profile. For equipment finance, average current “A” credit rates now are in the 5-6% range and for “B” credits from 7-9% range and so forth going up with increased risk. Yes, a bank credit line can still loan at 3-4% as long as you are a strong “A” credit and have been in business for typically over 5 years and can meet all their criteria as well but if you use your credit line for equipment then if you run into an emergency and need capital, you may have depleted your available line and be out of luck. Managing how you finance equipment and borrow capital should be a less emotional process and more focused on the clear criteria which investors and lenders specify for an approval.

Lester Salvatierra has 18 years experience as a licensed Finance Specialist with First US Finance LLC. He helps small to mid-size companies lease or finance technology related equipment and special projects nationwide.

What Affects Brake Pads?

If acceleration is applied then it’s obvious that the brakes will get used too. Brake pads will get worn out the most because of the force that is used to decelerate the multi-tonne machine. There are many things that could affect brake pads and should be noted whilst driving.

Above all, brake pads are mainly affected by heat and friction. To stop the car would require a calliper that has a strong enough device to clamp onto the brake disc or rotor. Friction causes wear on any surface because the two sides are rubbing against each other. Wearing out the surface of the brake pad could take away the compounds that assist with deceleration. Friction is used between the disc and the pad so when the calliper squeezes the two pads onto the disc, it will slow down the car.

The more you use the braking system, the hotter the pads will get as friction causes heat. The high temperature also decreases the performance because of a term called brake fade. The driver will also have to apply the pedal much sooner so that he brakes on time to avoid collision.

A common term for this in the vehicle industry is brake fade. This means that when the pads reach a high temperature, the binding agents or resins that are used to bind the compounds together convert to gas which could cause the pads to slide uncontrollably. This is usually something that happens once or twice and usually settles itself.

Did you know that brake fluid could also damage and affect the pads? If there is fluid on the pads it usually means that there is a leak which could compromise braking quality. The stickiness on the brake pad could also accumulate dirt and grim over time which will also affect the quality of your deceleration speed.

If you suspect that something is affecting the brake pads then you will notice different sounds. Sounds that you should listen out for include squeaking when applying the pedal, squealing and metallic grinding. These sounds could also be related to disc or rotor problems. Longer distances to stop could also be a cause of worn out pads.

As you brake, over time, the surfaces will get completely worn out. Once worn out you will need to get a brake pad replacement so that driving and stopping can be safe once again. Regular maintenance is necessary to avoid any experience with problematic parts.

Looking For A Safe And Secure Self Storage Facility?

Self-storage facilities offer lots of convenience to all kinds of individuals, whether for short term storage needs or long term storage needs. Apart from being easily accessible, the issue of security is of utmost importance. The last thing you want is to find that your items got stolen or have suffered accidents and other kinds of damages that would have been avoidable. Whether you are looking to store perishable goods or not, it is important that you find a secure facility that will give you peace of mind that each one of your items will be intact when it is time to claim.

The security features the facility has play the biggest role in how safe and secured your items remain. Therefore, when looking for a storage facility, the features should be part of your selection criteria. Below are some of the features that will make a difference in terms of keeping your things secure.

Facility alarm system – A facility that has a reliable surveillance system will definitely offer you peace of mind, even when storing important items like your car. Security cameras complete with an alarm system ensure that all activities are recorded and monitored all around the facility. With such in place it is very hard for any illegal activity to go unnoticed and even when there is a threat the right action is taken before things go bad.

Unit alarm system – Apart from the overall security system around the facility, alarms for each unit within the facility offers that added security. Units that are individually alarmed are much better because you will also get alerted in case of anything for the right action to be taken in time. Most facilities offer units that are alarmed, but it is important to check just to be sure if it is something you consider important.

Strong fences – It may not mean much, but a high and strong fence can work very well in deterring unauthorized entries. Some facilities pay enough attention around the gate and forget that unwanted people can gain access from any other part of the fence. A self-storage complex with a strong fence that is hard to tamper offers more comfort for users.

Secured gate – It can be manned or it can be have a locking system that can only be unlocked by people who have access to the right code. A gate that is keypad equipped ensures that only those who have authorization get to access the facility, reducing the chances of intruders with ill motives. Live security guards at the gate also make very good alternatives and they can also be placed in different other parts of the facility to maintain security and order.

Fire prevention system – Besides your items being robbed, there is always the risk of fires. When looking for a facility, therefore you may want to ensure that it has prevention equipment like fire alarms, smoke detectors and even sprinkler systems that can put out the fire or at least reduce the risks.

Storage units Casa Grande come equipped with individual alarms for that added security that every person yearns for. Whatever goods or items you wish to store self storage Casa Grande has all necessary features to give you the peace you deserve.

Negotiating Better Independent Sponsor Economics

When an independent sponsor is raising capital for a new acquisitions, economics and compensation packages often vary widely based on the background of the sponsor, the deal dynamics and the capital providers involved.

We’ll explain some of the basic components of a typical compensation package, as well as describe six ways to improve your ability to credibly negotiate better independent sponsor economics.

1. Focus on acquiring businesses that fall in industries or situations where you have extensive experience, relationships or a track record. Unless there’s a lengthy track record across multiple industries or types of situations, it can be difficult for a private equity firm or family office to get behind an independent sponsor with no experience in the industry of the business they’re raising capital for. Negotiating better economics will be a lot easier if you can demonstrate why a capital partner should support you over someone else, or a management team directly.

2. Bring a veteran operating partner or executive with deep industry experience to the table. If you don’t have a deep background in the industry of the target company, bringing in an industry executive who will either augment the company’s leadership team or serve in a strategic operating partner capacity is a great way to add value to debt and equity capital partners.

3. Find a proprietary opportunity at an attractive valuation. Bringing an opportunity to a capital provider that’s been widely marketed by a capable investment bank is usually a non-starter. In many cases the private equity firm or family office will have seen the opportunity directly. Unless there is some legitimate reason why the capital partner should back the independent sponsor directly, save yourself the time and look elsewhere. Focus on direct opportunities or situations that haven’t been widely auctioned to the free world.

4. Develop a thoughtful growth and value creation strategy. There’s nothing worse than fundless sponsor who throws a lot of deals against the wall, hoping one sticks. It wastes capital partners’ time and damages the credibility of the independent sponsor. If you intend to discuss an opportunity with a debt or equity financing source, you should be able to articulate why you feel the acquisition is compelling and what specific strategies could be implemented to grow the business and create value.

5. Identify and possibly tee-up other complimentary add-on acquisitions. Under the right circumstances, making add-on acquisitions can be a great way to grow the size of a company, achieve scale and unlock value. For an independent sponsor, having a possible follow-on acquisition opportunity or two available can be a great way for capital partners to increase the value of the initial investment, and potentially, put out larger dollar amounts. Having other opportunities lined up may put you in a better position with capital partners when negotiating fundless sponsor economics.

6. Run a coordinated and systematic process to raise the capital. We see independent sponsors or executives frequently who partner with the first capital provider that agrees to do the deal. While this sometimes makes sense because of time constraints, it usually leads to the independent sponsor getting squeezed on economics, such as a carried interest, management fee or deal fee. Running a more formal process allows the independent sponsor to both: a) find the capital partner that is the best fit with the sponsor and the business and; b) determine what “market” economics are for that particular situation.

If you don’t have time to run a coordinated capital raising process, or you don’t have the breadth of relationships with debt and equity capital partners to know whether or not you’re being offered market-based independent sponsor economics, reach out to an investment bank that focuses exclusively on independent sponsor financing.

In most cases, the private capital markets for fundless sponsor led transactions are extremely inefficient. Very often, there are multiple ways to structure a transaction and specific types of capital partners that make for more complimentary partnerships.

Access Capital Partners is a middle market investment bank focused exclusively on raising capital for fundless or independent sponsors, operating executives, management teams and family offices.

We’ve leveraged years of experience in raising capital across a wide variety of situations to develop a focused effort tailored to the unique needs of independent or fundless sponsors.

Check Engine Light On? Common Checks and Fixes To Try Before You Freak Out

It stands to reason most of us have spent time at the auto repair shop listening to our service person asking exactly what is going on with our car. Chances are we look at them completely dumbfounded and do not have a clue exactly, What? Is the right thing to say. We, in fact, are likely to be getting over the shock of our trusty reliable automobile experiencing a meltdown. In general, our brow is stuck in a worried frown, our feet may shuffle back and forth and we are having visions of our bank balance sinking into an abyss never to return. An unscheduled trip to the auto repair shop can be a lot less frightening if we learn some simple ways to identify common noises and yes, that dreaded light that signals that our car may have something serious going on. This goes a long way in helping your car repair expert know where to start with assessing your problem.

Probably the moment when most drivers figure out something has gone wrong with their automobile is when the check engine light is staring them in the eye. The dashboard now looks back at you ominously and strikes fear & anxiety in your heart. Although we have all been taught that the appearance of this light spells doom that simply may not be the case. Plenty of things may cause this to occur but it may mean several minor things are in the works, one as simple as leaving off your gas cap and you should definitely check this first before stressing out.

It is important for you to share any problematic warning signs with your technician, did you hear knocking? Was it slow to accelerate? Lurching or squealing? Have your interior lights and car entertainment system been behaving sketchy? Based on these identifications the auto repair technician will run a diagnostic on your automobiles computer. Your car’s computer is the brain for your engine that uses sensors to monitor some of the following:

  • Air Pressure
  • Air Temperature
  • Engine Temperature
  • Climate Control
  • Braking System
  • Electronic System

Having an auto repair technician run a diagnostic on your car’s computer is extremely positive in getting to the root of your problem. Many minor things can be causing the issue such as a faulty oxygen sensor that will probably cost you around $200.00 to $300.00 to repair in a shop and can easily be done in your garage for the most part. It could also be your Mass Air Flow Meter causing the issue with cost estimates in the $200.00 to $300.00 range depending on your particular vehicle, but this part is also generally easy to replace on a do-it-yourself basis and can be done with a low-cost OEM used auto part from a salvage yard and your auto’s repair manual if you are handy.

Once you have a diagnosis, you may be able to relax and gain peace of mind by asking specific questions about the specific costs and time factors of a repair. If it is determined that the repair will be more involved or costly do not be afraid to ask for applicable discounts or offered rebates. Many manufacturers offer incentives for the consumer and repair shop alike. No need to pay full price when savings are involved. Do research on the diagnosis most importantly learn all you can from your experience and keep routine maintenance up to date. Armed with this information you may never need to fear this dashboard light ever again