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The only time you can break a mortgage is if you end up with a cash windfall and pay off your banker most times with stiff penalties for paying ahead of time instead of on time. A mortgage is as tough as nails. Renting is Not Just a Question of Money There are at least two kinds of people in this planet: those who rent because they can't afford a down payment on a house and those who rent because their lifestyles dictate it. Those who can't afford a down payment on a house in spite of the fact that they've held steady jobs probably prefer to spend their money on other things. A house is certainly the last thing on their minds and occupies the lowest position in the totem pole of their spending priorities. That's one of the many advantages of renting instead of a buying a house. Many opt for the financial flexibility that renting offers. What are the other advantages? low maintenance costs for some renters, the maintenance of their apartment is limited to keeping it tidy. Vacuuming and cleaning are just about the only tasks that will take up your time and cash. Once you purchase a vacuum cleaner and some household cleaning supplies, you're set up. If the heater is not working or if there's a leak on the roof, those problems are taken care of by your landlord or janitor. get up and go apartment living is great when it comes to leaving your dwelling behind at a moment's notice. You make sure your indoor plants are watered, lock the place and then prance around the earth for as long as you want. There are no worries with respect to leaving your belongings and valuables unattended for indefinite periods of time. As long as the building's security system is working properly and you've got neighbors you can trust to pick up your mail and newspapers, there isn't much house sitting you need to do. frequent flyer if you travel frequently on business, renting is a viable alternative especially if you're the type of employee who gets transferred every couple of years to a new posting. You're one of these upwardly mobile 30 something guy or gal who lives out of a suitcase more than in a house so owning a house in this particular situation is not as attractive. frequent boredom there are those who easily get tired of their surroundings. One day, the kitchen is too small, next day, there isn't enough closet space. Next month, you'll be complaining that your neighbor is weird, the shopping center is too far, or there aren't enough internet cafes in the neighborhood. So if boredom sets in, what do you do? You simply don't renew your lease and look elsewhere for a new abode. If you were a homeowner, you'll have to live with your boredom until you have enough cash to buy another house. easy on the pocket we did say that the preference for renting is not just a question of money, but renting is sure easier on the pocket. No property taxes, no hefty heating bills, no school tax, no renovation costs to shell out money for. This means you have more money set aside for activities you like to engage in: eating out, going to concerts, traveling, pub crawling, shopping, shopping and more shopping. We're convinced there are more joys to renting other than what we mention here, but let's look at the flipside buying and see if that too has its advantages. Buyin' a House/Buildin' Equity Yes! Building equity appears to be a sound financial decision. Bankers, accountants, and financial planners all sing from the same song sheet: equity is king! Having equity means different things to different people. You have equity in case emergency strikes, equity for retirement, equity for credibility and financial standing, equity for self confidence. When you buy a house, you begin to build equity, albeit slowly. As you make those mortgage payments, those payments are automatically converted into equity. When the house is 50% paid off and is worth, say $250,000 in the market, right away you have $125,000.00 in cash, lien free! And when your house is fully paid, you've got 100% equity. In turn, this 100% equity can generate more cash for you. You can borrow against it to invest in your favorite stock, buy a second home or finance your child's education. Most banks will lend you up to 75% of the value of your home with a low interest rate, because borrowing against your home is the safest loan possible. Should you default, the bank simply seizes your property. What other advantages are there to buying a home? your very own your house represents your place in the sun. The patch of land that your house is sitting on plus the house itself belong to you and only you. Make sure, however, that your title and ownership deed are tucked somewhere safely. family comfort when the kids start coming and you're planning on a large brood there's no place to raise them but in a house. No two ways about it unless you can find an apartment with at least six bedrooms. Most apartments these days are built for 2.5 people. Plus, when there are kids and they get rowdy, you want to seek refuge in your little corner without any disturbance for at least a couple of hours. If you have a basement, you can hang out there, and when the kids and their friends invade your space, you can go upstairs. entertaining is easier your friends, family and colleagues are a permanent part of you and you can't run away from them. The solution is to host them periodically and your home is the best place to do it. You canbarbecuein the patio, picnic on the grass, or have a formal sit down in the dining room. stability and forced savings if you're a homeowner, the house has a way of anchoring you and your family, hence paving the way for enduring and stable relationships. A home serves as an archive or storage facility for memories happy and sad. Lives unfold at home and meanings are negotiated at home, not in the mall! Don't be bullied into either renting or buying a house. The decision is yours and will be influenced by your sense of values and priorities. Perhaps homeowners are viewed as more stable and are more attractive to money lenders, but buying a house is a very personal matter..

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The weakness of the US dollar and the fall in the value of General Accident's US assets caused the third largest composite insurer to report pre tax losses of pounds 128.7m for the first nine months. On Wednesday, the prospectus for the Government's pounds 6bn sale of BT shares revealed that the company faced an investigation from the Office of Fair Trading into its Yellow Pages business for anti competitive practices. Ratners Group's shares continued their fall after analysts further downgraded their profit forecasts for the retail jeweller. More jitters followed the resignation of Gerald Ratner, chairman and chief executive, as a non executive director of Norweb, the electricity company. Land Securities, the largest property company, in the UK reported a 14 per cent rise in pre tax profits from pounds 141.7m to pounds 161m for the six months to 30 September. The FT SE 100 gave up 29 points by the end of the afternoon trading session over fresh doubts about the Government's forecasts of a second half recovery, after industrial production figures from the Central Statistics Office showed that manufacturing output, which accounts for about a quarter of GDP, had been almost stagnant since April. Thursday saw six international banks agree to take the first steps towards bankruptcy proceedings against George Walker, founder of leisure group Brent Walker, with the demand for the repayment of pounds 60m in loans to his family and his family's trust. On Friday, Norman Lamont, the chancellor, boldly declared that Britain was on the way to becoming a country of permanently low inflation, after official figures revealed a sharp slowdown in the rate of rise in retai prices. The retail price index fell from 4.1 per cent in September to 3.7 per cent. 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Use the car seat correctlyThe modern infant car seat is a wonderful invention just ask your parents, who probably wrestled with some unwieldy contraption (if they had anything). Today's portable, snap in versions are lighter and easier to handle, and most important, better at protecting your little one. However, according to Kate Carr, president of Safe Kids Worldwide, many parents hamper the car seat's effectiveness by using it incorrectly. "Often, parents set the chest clip too low or too high," she says. "They also tend to keep the harness straps too loose." Make sure you avoid these mistakes, as well as other common errors, by carefully reviewing your car seat manufacturer's instructions. You can also check out our infant car seat guide and many police and fire stations have experts who will check and correct your seat's installation. Given the ease with which many babies sleep in their seats, some parents may be tempted to let their little ones snooze in them at night. That's a dangerous practice. "When a baby is in the car seat for long periods of time, her head can drop forward and obstruct her airway," says Mike Goodstein, pediatrician for the American Association of Pediatrics. Experts even recommend the baby be taken out of the seat once an hour, even when driving, to reduce this risk. Finally, never set your baby in a car seat on a piece of furniture; she could rock herself off the table. (This goes for bouncy seats as well.) Be attentive at bath timeBath time can be a wonderful bonding experience, but it also places your baby in a particularly vulnerable situation. "Since infants' heads are heavier than their bodies, they can easily topple forward and become submerged in the water," says Anita Chandra Puri, pediatrician and spokesperson for the American Academy of Pediatrics. "A baby can drown this way even in only one inch of water. And it can happen very quickly." It's crucial that you never leave your baby unattended in the bath. This means no stepping out of the room to grab a towel, no running to the front door to catch that delivery, and no becoming engrossed in your smart phone. Set up all your supplies beforehand, keep your attention on your baby the entire time, and ignore any distractions until your baby is dried and diapered. Baby proof the homeAnd as your baby grows, she'll show you just how quickly she can get herself into trouble. Though the process of covering outlets, installing gates and putting locks on cabinets will take up a few days, babyproofing is essential to create a space that's hazard free as your little one becomes more and more mobile. That goes for chokables, too. Until they're old enough to really understand what is and isn't food, many babies' first instinct will be to put anything into their mouths cat litter, small toys. Get in the habit of placing small items out of baby's reach. "If you can put it through a toilet paper roll, it's too small for a baby to handle," says pediatrician Lisa Dana. Beyond choking, some common small items like the silver button batteries inside remote controls are toxic and can cause irreparable harm if swallowed. Siblings need to be trained, too. "Toddlers and preschoolers may try to 'feed' the baby," warns Dana. Teach your older child not to do this and exhausting as it is make sure he is constantly supervised when he's around his new sibling. Make the crib safeThough cribs filled with stuffed animals, bumper pads and soft blankets look pretty, it's a major no no. "Even the so called 'breathable bumpers' have strings that are choking hazards," says Dana. Position the crib out of arm's reach of drapery cords and window blinds; as your baby grows older and begins to explore her world, the strings (including those between the blind slats) may be too enticing to resist. Finally, Dana reminds us, don't hang heavy artwork over the crib. The last thing you want is for that glass covered clown picture to slip onto your baby. Practice smart sun protectionSunlight may be a mood lifter, but it's a tricky thing for new parents. You don't want to expose your baby to the chemicals in sunscreens, but you don't want a sunburn either. But that's not always possible, so "if you must choose between sunburn and sunscreen, choose the sunscreen," says Dana. "The risk from a burn is higher than the risk from the chemicals." Apply it every two hours (only to exposed skin), and keep in mind that some sunscreens are considered safer for babies than others. "Check the list released by the Environmental Working Group," advises Dana. "In general, zinc based sunscreens are best." Check the back seatThough it seems unthinkable, every summer brings tragic reports of children dying from heatstroke after having been accidentally left in hot cars. In 2010 alone, there were 49 of these fatalities in the United States. According to Janette Fennell, founder and president of Kids and Cars, babies younger than one year are at highest risk. While it's tempting to believe that this could never happen to you, the reality is that it can happen to anyone even the most loving parent. Jodie Edwards understands this all too well. In 2008, her 11 month old daughter died after Edwards forgot to drop her off at daycare. "Somehow, and I know it is hard to understand, my brain flipped a switch," she writes in a statement. "I went from knowing she was in the backseat to firmly believing she was safely at the babysitter's." A mistake of this magnitude is often the result of a "perfect storm" of circumstances. Often, the baby a rear facing car seat and unseen by the driver has fallen asleep and isn't making any noise. The parent, meanwhile, may be sleep deprived and not in her usual routine, so her brain isn't on top of the circumstances. "Saying that love for your child will stop your brain from failing is like saying that your love can stop your kidneys from failing," says Fennell. Create a routine that ensures you'll look back every time you leave the car, advises Edwards. "Put something you will need a purse, cell phone, wallet, or briefcase in the back seat so you are forced to check it every time." Simple steps like these can go a long way toward easing the anxieties that come with caring for a new human. As scary as the world may seem, our common sense combined with some basic precautions are the best way to keep our families safe. Related linksKeeping your baby safe in the carCar seat safety: The biggest mistakes parents can make, and how to avoid themTips for safe bathingChildproofing checklist: Before your baby arrivesChildproofing around the houseVideo: Childproofing for your newbornWhen can my baby sleep with a stuffed animal or doll?What kind of sunscreen is best for children?Heatstroke This Internet site provides information of a general nature and is designed for educational purposes only. If you have any concerns about your own health or the health of your child, you should always consult with a physician or other healthcare professional. Please review the Terms of Use before using this site. Your use of the site indicates your agreement to be bound by the Terms of Use.

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Although tennis clothing became more casual during the 20th century, as women began wearing shorter skirts and men traded in their wool pants for Bermuda shorts and V neck cable knit sweaters, it remained nearly exclusively white. This tradition remains at prestigious tennis clubs such as the All England Club, which took the opportunity to further tighten its already strict dress code ahead of the 2014 Wimbledon tournament to include accessories and undergarments. "White, white, full on white," said seven time Wimbledon champion Roger Federer about the policy. "I think it's very strict." Players in all white become indistinguishable on television, however, and viewers in the 1970s complained they had difficulty telling which player was which as they watched the matches. Open match. In the 21st century, lucrative sponsorship deals and high performance athletic apparel have increased players' desire to set themselves apart from their competitors, resulting in more colorful court attire. 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