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A Loan At Last – How To Get Hold Of Cash Fast

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Sooner or later in a great many people’s lives, there is a need to obtain cash – fast. There are loads of ways to get around the issue, for instance, you can apply for a new line of credit, organize an overdraft or apply for credit from a store. Before choosing what may be the best way for you, be sure to know how much you need and take a good look at all the choices open to you.

Bank Overdrafts

At most people’s fingertips, a bank overdraft can be a helpful method for accessing a little extra on the off chance that you just need a small sum for a brief period. Overdrafts are more flexible than some different kinds of credit since you can utilize them at whatever point you need and you can get as much as you need up to your overdraft limit, set by the bank. In many cases, remember that an overdraft facility can be withdrawn at any time by your bank.

Loans

If you have to acquire a more substantial sum, borrowed over a longer term, then a loan may be preferential. Offered by banks, building societies and other monetary associations, you often don’t need to be a client of theirs already to apply.

There are two kinds of loan available:

Unsecured – With this sort of advance you get a set amount for a fixed period with the rate of interest set in advance. You can, for the most part, borrow anything from $500 up to $25,000 over a period of one to seven years, depending on your needs. Do check though that in the event of you being in a position to pay the loan back early, that you will not be charged a penalty to do so.

A guarantor loan is an unsecured loan where a second person is held responsible for paying off the debt should you, the originator, fail to do so. This could be an option for those with very little credit or who are struggling with their credit rating. You could check which may be best for you and your guarantor at sites such as guarantor.loan before you make any decisions.

Secured – With a secured advance you acquire cash by using your home or sometimes car, as security. If you don’t keep up the payments, you do risk losing whatever you have secured against the loan. Secured loans can be taken out for anything from one year up to 30 years, and the amount you can borrow is far higher than unsecured debt.

In case you’re struggling with your financial obligations, it would be a wise move to discuss any such issues with an organised debt relief agency who may have practical tips on how to manage your money.

However, you choose to borrow money, ensure you have discussed the options with anyone involved in your finances and perhaps look at gleaning some advice from an independent financial adviser who can offer insights as to what will suit you and your lifestyle best.

Making More Than Money: Selling Platforms For Creative Wares

Nothing beats the feeling of knowing you’re creating something people would be willing to buy. It may be that you have a natural flair for a new craft, or that you’ve been slaving away for years to get to this point. Either way, that moment when someone asks where they can get one is hard to beat.

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But, then you face a dilemma. Perhaps you’ve never thought about selling before. Even if you have, you might not be sure where to start. In truth, making money from your crafts isn’t always straight forward. But, that doesn’t mean it isn’t possible. With a little know-how, this could become a sustainable money-making enterprise.

First thing’s first, though; you need to know where to start selling. This is one of the hardest choices to make, but your decision could impact how far you go. Get it wrong, and you’ll struggle to sell to anyone other than friends and acquaintances. Get it right, and you could soon find yourself giving up the day job.

To give you some idea of your options, we’re going to look at the three main choices for selling your crafts.

Embarking on Etsy

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Setting up an Etsy shop is a first move for many. This is a site which promotes the wares of creatives worldwide. When you sign up, you receive a ‘shop space’ on which to promote your crafts. The benefit for those starting out is that Etsy takes care of a lot for you. You won’t have to worry about creating a page, or anything which comes with that. Instead, your shop will be there waiting. Plus, many people browse Etsy and could come across your store that way. Thus, you may find a large audience. That said, if things start to grow, Etsy may not be the place for you. If that happens, you could always…

Set up your own online store

When it comes to making a real success of your crafts, you may want to branch out into an online shop of your own. Unlike an Etsy store, this allows you to have a URL purpose made for your company alone. It also allows you free creative reign when it comes to design. Of course, with the extra freedom comes responsibility. First, you’ll need to do some research into enterprise ecommerce platforms like Miva, who can help host your site. You’ll also need to know some basic HTML, and check back often to ensure everything is running smooth. Lucky for you, many e-commerce platforms also help with processing. As such, this option is doable if you’re willing to put the work in.

Craft Fairs

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It would be naive to assume that your only selling opportunities are online. While websites offer you extended selling capabilities, it’s also worth attending craft fairs. Nothing will sell your creations as well as being seen in real life. Take along some business cards with your web URL on them, and sales here could also spill into your online enterprises.

Simple Ways To Save Money On Your Monthly Bills

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Like most of us, you probably dread the sound of the mailman walking down your driveway. If the only pieces of mail he has clutched in his frostbitten hands are brown envelopes, your heart will sink. One or two bills a month is bad enough, but a whole wave of them? Let’s just hope you have the finances to cover the costs. And if you haven’t…well, don’t panic! We are here to reduce your financial worries and help you deal with the more common bills that land in your mailbox on a far-too-regular basis.

Utility bills

We are talking about the biggies here…gas and electricity. You can’t live without them, though you are probably tired of the rising costs each year, as utility companies unfairly decide to raise their rates, rather than lower them. So what can you do? As you have no doubt heard before, there are ways to reduce the amount of energy you use. By implementing good habits around the home, you can halve those bills. You should then ask for an energy audit from your utility company, and find other ways you can save money. Of course, you could always ditch your regular (possibly greedy) company and do a quick comparison service online to find cheaper rates elsewhere.

Credit cards

There’s a reason credit card companies bombard you with junk mail – they want your business. If you have been lured into getting a credit card, you need to concentrate on paying more than the minimal amount each month. This way, you will be paying off more than the interest rate on your card. However, if you do find yourself struggling, let the company know. They want your business, remember, so you may be able to negotiate a lower rate of APR, helping you manage those monthly bills each month. When you have finally paid off your credit card(s), you might want to consider cutting them up, especially if debt has become a major issue for you.

Loans

There are many reasons why you would take out a loan, from buying a car to paying for education. They can be a necessary nuisance, but you don’t have to put up with huge interest rates. For starters, always look for fixed interest rates when taking out a loan, as you will reduce the risk of a price hike down the line. You should also shop around for the lowest rates of interest, so research is crucial. Still, if you are stuck with one or more expensive loans, you can do something about it. Refinancestudent.loan has some good advice for those still paying off their student loans, but whatever type of loan you possess, it’s worth talking to your bank or other loan provider and consolidating your loans into one single, lower interest payment each month. It will save you money, and reduce the number of bills piling up in your mailbox.

Phone bills

For starters, if you are still using your landline phone, consider ditching it. Rather than paying an expensive line rental, you may be better off using your smart phone, especially if you have a decent package, with free calls etc. If, on other hand, your landline bill is part of your internet package, then remember to shop around at the end of your contract and find a better offer elsewhere. When it comes to your smartphone, you can also find ways to reduce your bills. Moving to another network may be a profitable option, but if you aren’t using all the bells and whistles with your current package, consider downgrading to something cheaper.

Finally

So, there we have it. A few simple tips for cutting down those pesky bills. Short of leaving the country and going into hiding to avoid the mailman, you should be able to make significant savings if you follow our advice. Let us know if you have any other tips our readers may find useful.

Investing For The Future: Where To Put Your Money

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Everyone wants to ensure that they have enough money to live on in the future. They want to be able to provide for their children (and potential grandchildren) at some point, and in order to do so, you need to make sure that you have savings. You can put all of your money into a savings account and gain interest that way, but you will receive fairly low returns when compared to other investment opportunities. Here are three places other than your savings account to invest your money.

Stocks and Shares

Investing in stocks and shares might sound like a scary proposition, but it can be much simpler than you might think. There are a few options available to you for investing in each. You can find a stocks and shares savings account and put money into there, and the interest you gain will be due to stocks and shares. This is probably the easiest and most reliable option, but it often gives the lowest return. You can hire a stockbroker or investment company to manage your money and bring you the best possible returns. This option will give great returns but is more expensive. This means that it is mainly suited to people with a lot of money to invest, so it might not be right for you. You could sign up with a company like eToro and invest directly on the stock market yourself. You don’t always need to fully manage your account if you don’t understand how it all works. Instead, you can invest in a copy fund or simply copy a successful user. Stocks and shares have the potential to make you lose money, though, so there is risk involves. However, the returns can be worth the risk.

Cryptocurrency

Cryptocurrency made headlines around the world in 2017, and a lot of experts expect it to make further headlines in 2018. A single Bitcoin is worth exponentially more than when it was first introduced. A lot of people expect this growth to continue, so this might be a good time to invest in this new type of currency. There are a lot of options when it comes to getting involved in cryptocurrency. Currently, the most popular cryptocurrency is Bitcoin. You can mine Bitcoin directly, but you need a power computer to do this so it won’t be a good solution for most people. You can purchase Bitcoins from various sites and invest this way. You can also use a self directed Bitcoin IRA to put your pension fund into Bitcoin. This means that if Bitcoins price increases, then so will the value of your fund. This can then be changed back to your chosen currency or spent on sites that accept Bitcoin. There are other cryptocurrencies that you can make similar investments to broaden your portfolio of investments.

Property

Property is an excellent choice for investing. You should start by owning your current home so that your money is going towards something through your mortgage or so that you don’t have that outgoing expense each month. This will then mean that you can always sell the house and make that money (and hopefully more) in a lump sum. You can do a similar thing with other properties. You can buy them, improve them and then sell for a profit. This might take some practice and learning to know what sells and what doesn’t, but it can make a great hobby and investment opportunity. Another great choice is to buy property to rent it out to other people. This will give you a passive monthly income, and if you own a few rental houses, it can really start to add up. Having rental houses is excellent when you retire as well since it means that you will have income even when you are no longer working. This means that it can make retirement even more comfortable and you always have the option of selling at any time if you need money for something. The property market can be fickle and selling a house might not always make you as much as you thought. However, in this way, it is like any investment and not without risk. However, if the selling market isn’t looking good, then the renting marketing is probably looking better. This is because these two marketings work together and have an ebb and flow. When one goes down, often the other will go up. This can mean that even if you are struggling to sell, then you can rent for a few years and wait for the house value to increase. This also makes investing in areas that are likely to be worth more in like 10 to 15 years, can be a great investment choice.

Forward Planning: Unlocking The Door To Financial Freedom

You stare at your bank account balance daily. Sometimes you check it twice a day just to check it hasn’t miraculously increased. There is nothing worse than that sinking feeling of realising you’ve overspent once again. Your stomach drops and feels as if it’s been squished by a tonne of bricks. You feel trapped and unable to escape the vicious circle of income and outgoings. As soon as you feel on top of things another bill hits you like an unexpected bus. You don’t need to live your life in fear like this, just take the steps you need to get back on top. You will be sailing your way to financial freedom in a flash; all you need is a plan.

Expert Advice

Before you can start planning your financial year, you need to get a hold of the problems you’re facing with your current debts. Consider looking into debt consolidation programs, which can help you to combine your debts into one manageable payment. You might need to spend some time planning your payment plan if you are a fighting to pay off a large sum. Try not to fall into a never ending pit of despair; everybody has been in a position where they feel trapped by money, so don’t panic. Be rational with your decisions when paying off your current debts and once you have a handle on it you can begin to focus on your future.

Perfect Planning

We all wish that money will never be one of our worries again, but it is an aspect of our lives that we cannot escape. No matter how much you are earning, you will always think about where your next paycheck is going and how you’re going to get through the month. With a bit of planning you will feel on top of your money and you will be able to make the best decisions for you. Get a diary and write down your monthly outgoings, including rent, bills, groceries and any other essentials. These are the payments you won’t be able to decrease much, so make sure you feel comfortable in making ends meet. Then make a list of all the extra things you usually invest in each month. Could you possibly cut down on any luxuries? We all want to live like queens, but it isn’t always feasible. Make sure you’re living by your means and set yourself a budget for treats so you don’t lose control.

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Your Financial Future

You are in charge of your own future, so take ownership and know your financial strategy. It’s a boring topic to be constantly thinking about, so don’t let it consume your life. Get ahead of the game and soon you won’t even have to think about it.

Money is such a tricky topic to tackle, so always be kind to yourself. We all make mistakes in our lives so don’t punish yourself for anything. Take ownership and you will soon be ready to conquer again!

From I Can’t Afford To I Don’t Need

Only boys that save their pennies make my rainy day.

When Madonna sang Material Girl, she was maybe far from thinking that more than twenty years later the song will still be relevant to the current society. There’s a natural sense of attraction towards people who own material things because it’s a sign that they are able to pay for their needs. In modern society, belongings are a sign of security. If you own enough, then you might be tempted to believe that you will be fine and safe. While there is an undeniable logic to the security of a materialistic approach, there’s also an additional question that needs to differentiate what you need from what you want, and ultimately what is affordable from what isn’t worthy of your money. Ultimately, material girls don’t find any consolation in their purchases. Financially, emotionally and reasonably, one needs more than just a credit card to secure a comfortable lifestyle.

IOU Piggybank
Don’t break the bank over a comfortable lifestyle.

You can’t buy all the things

Do you know that the most dangerous season of the year for financial issues is Christmas? Indeed, a lot of people go into debt during the festive holiday in an attempt to spoil their relatives and friends with beautiful presents. As Americans take on an average of $1,000 in debt per holiday season, it’s important to rapidly consider fast credit repair services as well as ways to limit the damages. For instance, if you have to buy presents for people, you should set a spending limit and ensure that you’re never spending more than you can afford. In other terms, forget about the credit card and focus on tangible cash instead. This might sound dull, but it’ll save you a lot of pennies in the long-term! Additionally, you need to apply similar strategies when you’re shopping for yourself. With a strategic spending goal, you can’t overbuy during your next shopping trip!

What are your long-term objectives?

Shopping is a short-sighted activity. If you want to spend less on material belongings, you need to set yourself long-term saving objectives. If you choose to become debt-free, for instance, you can invest your excess income in recovering your debts. It’s not as pretty as a new dress, but it can make a great deal of difference! Or you could plan for your retirement. It doesn’t mean depriving yourself of everything, but instead, it’s about thinking of what you’ll need to pay for in future.

Not everything has a price

In the end, you don’t need to break the bank to be comfortable. Indulging doesn’t have to come at a high price. In fact, you can even enjoy a lot of small pleasures in life that are completely safe for your finances. Wearing your best clothes more often or picking flowers from the garden doesn’t have any impact on your bank account. But it can certainly make your lifestyle feel a lot more enjoyable… and you don’t even need to go shopping for it! Appreciating the little things in life is not only advantageous for your wallet, it’s good for your soul too.

Stop worrying about the things you can’t afford. You don’t need most of what you buy. Focusing on defining your expense priorities can give your life the sweet taste of financial freedom again.