Full guide to the best stock market game for learning how to trade

Learning how to invest in the stock market can be confusing and daunting sometimes. It mainly depends on how well you have practised the skills. But if you are a beginner, you can’t invest your hard-earned dollars just to practice. The only way to learn how to invest is by investing, but it is not necessary to invest your real dollars when you do so.

By playing stock market simulators games, you get to invest money that is fake in a real market situation. It teaches you how to trade for quick profits, minimize your losses, place different trade orders, and build an investment strategy. 

Benefits of stock market games

To understand how the stock market games helps you become a successful trader, you should know its benefit:

  • Knowledge about brokerage: The stock market simulator also gives you experience about the brokerages and commission charged by brokers for making a particular transaction. 
  • Understanding of stock market: Practice always makes a man perfect. So if you are regularly practising trading in the game, you develop a better understanding of the market’s ways and trends. As a result, in the real market, you will be able to perform better.
  • Serves as a practice ground: Before starting investing real money in the stock market, it is advisable to polish your skill first by trading on a virtual platform. You can analyze your skill, knowledge and strategy before making a mistake in the actual market.

Playing in the simulator feels like you are trading in the real stock market. It can be an excellent platform to test your strategies and how you think of deciding on a price and stock option. 

Best stock simulator

Here is a list of the best stock simulator that you can try:

Investopedia stock simulator

Investopedia is an excellent comprehensive stock simulator game that you can try. This game lets you create a profile in an advanced online suite consisting of stock analysis, advance portfolio, stock research, summaries and many more.

It offers its users the easiest platform to use yet realistic way to practice trading. Moreover, it keeps you updated of the real stock news and insights to make you feel you are in the official trading app. It also includes a gamified and competitive aspect for its users.

In the competition, you get connected to around 700,000 investors worldwide and compete with them. This competition helps beginners to learn a lot as they gain immense knowledge in the process. The contest runs every quarter, and the game ranks you according to your growth and how well you were able to invest. 

The ranking helps boost up personal validation even if you are in the 109th place. Plus, the fact that you can earn award and prices double the motivation. You can check the best online trading platforms.

Motley Fool CAPS stock simulator

The game focuses on the principle of crowd-sourced investment wisdom. At the same time, the CAPS service provides by the game make you see the reason why a player made a pick. Usually, the players write a short write-up about the given stock which serves as a perfect tool for sourcing ideas. 

You can join the big competition with around ten thousand players, and in the end, you get a ranking based on your performance. However, if you want to gain knowledge, you can see what the leaders are buying and its reason. 

CAPS service keep on recording your performance in comparison to other players and gives score accordingly. The score does not depend on how much you earn instead, your pick. Also, it depends on, by how much it beats the market overall. But the most favourite part about the game is you can learn a lot by watching the top performers in action and can even bring up queries.  

Market watch stock simulator

MarketWatch is another excellent browser-based stock exchange simulator. Similar to Investopedia simulator it runs on a hosted platform under an official financial website for monitoring market. 

The platform allows you to make your own game or you can join the one already created. You can choose any game among the ten thousand games available on the list of fun right now. However, if you are creating your own game, you can set many parameters as you like. For instance, how long the game will continue, whether the player will short-sell or trade on margin, and the starting virtual money every player will get.  

You can trade in real-time using your virtual portfolio. It allows the player to talk strategies with other players in the discussion room of your game. Moreover, other people can join the customized private or public game that you have designed.  

Wealthbase

It is the newest addition to stock market games, and it is very much fun to play. Just like the other, you can design your own game here and set its rule. After creating the game successfully, you can send them to your friend via email and ask them to join the virtual contest you will have in a few minutes. 

One of the essential benefits you get in wealthbase is it is not subjected to desktop only; you can also play it through a mobile app.

The game’s interface is super smooth; you don’t have to wait for hours to load it. Moreover, social elements make the competition more interesting. The game will allow you to see the live feed of the stocks your competitor are picking. At the end of the day, you will get updates of your progress; you can also view charts and news feeds to grow yourself more. 

Conclusion

Stock games are isn’t just for beginners; it is also for the pro trader. Beginners get knowledge about the real trading situation and its outcome without losing real money. At the same time, pro traders receive an opportunity to test their trading skills and gets a reward in return. It is an enjoyable, entertaining and risk-free way to hone your skills. Among so many options available for stock games choose the one that suits you and meet all your requirement.

Can You Get a Title Loan without a Credit Check?

Many people run into financial situations where they need money quickly, whether they have to make a home repair, pay a medical bill, or are short on cash before their next payday. If you’re in this situation and own a car, then a title loan may be a good option for you. But if you have poor or fair credit, you may be wondering if you can get a title loan without a credit check. Let’s dive deeper into how online title loans work and whether you can still get approved if you have poor or fair credit.

How Do Title Loans Work?

A title loan is a short-term, secured loan that uses your car as collateral. To qualify for a title loan, you have to own or have equity in a vehicle. The loan amount you can receive depends on how much your car is worth. Once you fill out an application online or in-store, the lender will conduct an appraisal of your car and offer a loan amount worth up to 50% of your vehicle’s value.

If approved, you can continue driving your car as you repay the loan, and the lender will hold onto your title. Just remember that if you don’t pay off the loan, the lender can repossess and sell your vehicle to recoup the loss.

Can You Get a Title Loan with No Credit Check?

It may be difficult to find title lenders that don’t do a credit check. Luckily, since a title loan is secured by your car title, you typically don’t need good credit to get approved. Many title lenders also have more lenient requirements and will consider factors in addition to your credit score, including your income and current debts.

What Do I Need to Apply for a Title Loan?

If you want to apply for a title loan, you may need the following information and items:

  • Vehicle and title
  • Government-issued ID
  • Proof of residence
  • Proof of income
  • Vehicle registration
  • Proof of vehicle insurance

How to Apply for a Title Loan

Here’s how to apply for a title loan and get the funds you need:

  1. Gather all necessary documents: Make sure you have all the information and items above to apply for a title loan, as well as any other required documents.
  2. Apply online or in-store: Fill out all necessary information about you and your vehicle on your application.
  3. Get your vehicle appraised: The lender may conduct an appraisal of your car in-store or at your home to figure out how much money you can receive.
  4. Sign loan paperwork: Fill out and sign all paperwork needed to receive your loan.
  5. Receive your funds: Once you submit the paperwork, receive your funds and continue to drive your car as you repay the loan.

The Bottom Line

You can still get approved for a title loan if you don’t have good credit. Although many title lenders will check your credit score, they’ll consider other factors and may decide to extend you the loan if you have poor or fair credit. As long as you own or have equity in a vehicle and can provide all necessary documentation, you may get approved. Just make sure you can pay back a title loan before applying so that you can avoid car repossession.

Simple Tips For Managing Your Finances

It has always been important to manage your personal finances but now more than ever. The world is a different place from the one we knew 18 months ago before the dreaded COVID-19 pandemic swept the planet. Many people have lost their jobs or had their hours cut by employers, resulting in slashed budgets and their purse strings tightened.

Creating a budget and analyzing your spending habits may seem tedious, but it is essential. It would be best if you lived within your means regardless of your household having a monthly income of $2,000 or $20,000; even those people earning large salaries can and do endure money problems.

Create a Detailed Budget

Your first step to managing your finances is to create a detailed budget, so you know exactly how much money you have left once your essential bills and living costs, which is known as your disposable income. Professional gamblers have done this for years; they call it bankroll management. Someone betting for a living on Vegasbetting.com will only ever bet with what they can afford to lose. You should only really spend what you can afford to. The principle is the same.

There is no need for fancy accounting software when creating your budget. A simple spreadsheet or writing it down on a piece of paper will suffice.

Start by listing all your guaranteed income, and do so down to the last cent. This figure is made up of your salary, benefits, etc. Do not include periodic payments to your income, such as overtime payments, because they are not guaranteed. You want to arrive at an overall figure that is the worst-case scenario.

If you do have occasional, semi-regular payments, such as dividends from investments, consider listing these. However, do so as an average over the year. For example, if you receive $120 per year from investments, list this as $10 per month if you list them at all.

Do Not Forget About Irregular Costs

It is time to make a list of all your outgoings or expenditures now you have arrived at your total monthly income figure. This section can be a little daunting because you are likely to have many more expenses than income.

Essential costs are the first items to put into your spreadsheet. These are fixed costs that you have to pay regardless of anything else, including rent or mortgage payments, powering your home, and any debts that need repaying.

Next up, jot down all your outgoings that can be variable and that you have some control over. Include your average grocery shopping bill, not forgetting to list the average cost of rarely purchased items such as cleaning products and the like.

Your last set of expenses are non-essentials or luxuries. Think along the lines of cable fees, the internet, magazine subscriptions, etc.

It is essential to list other irregular costs like car maintenance, buying clothes, and going to the hairdresser. If you splash out and have your hair cut twice a year at $100 per time, that is $200 a year and $16.66 per month you have to budget for.

It Pays to Shop Around

Subtract your total expenses from your total income to arrive at your disposable income, the money you have available to spend each month. It may be a figure you are happy with, or you may want to improve it. The only way to do the latter is to earn more money or reduce your outgoings.

The first option of earning more money is not as easy as it seems. Reducing your expenditure is simpler.

It pays to shop around when it comes to your service providers. Contact different power companies, cable and internet providers, anything where there is competition in the marketplace for your custom. You can play them off against one another — you can even threaten to leave if they don’t give you a better deal — and you will be surprised at how much money you can save just by signing up to a different tariff.

We are living in stressful times, do not let money worries stress you further. Get your finances on track with a simple household budget.

The Perks and Risks of Carrying Multiple Credit Cards

In these modern times, credit cards are a staple in every individual’s wallet. After all, this is the era of digital payments and cashless transactions taking place in nanoseconds. Whether you’re grabbing a coffee on the go, are out on a dinner date with your better half or simply enjoying a shopping spree alongside a lovely companion; credit cards are always there to the rescue and there’s a chance of getting cashback & rewards on your purchases too.

The most important thing is knowing how many of these plastic cards you require in your wallet. Some financial experts insist that carrying a single credit card is more than enough. In this post, we will walk you through the benefits and risks of owning multiple credit cards.

Tip: There’s no one-size-fits-all approach applicable to owning credit cards. At the end of the day, it all comes down to an individual’s ability to manage his/her credit bills responsibly while keeping up with the due dates. 

More Cards, More Benefits

Credit card issuers constantly keep on attracting consumers with fascinating perks and cashbacks. That’s what keeps the customers coming their way.  You might be tempted to opt for more than one credit card. You could keep one for personal spending and the other for business spending. It will help you keep the finances separate. 

Moreover, you can also opt for a card that offers rewards on groceries, another that offers enticing cashback or reward on dining and another that lets you place orders on international websites without charging any hefty foreign transaction fees.

Having different credit cards allows you to earn rewards and cashbacks on every purchase made using a credit card. For instance, you can easily earn up to 5% cashback on groceries, hotels, fuel and dine-outs. Some cards offer FLAT 1% cashback on all purchases made using them.

The only downside is that if you have too many credit cards, you may end up forgetting a due date or even lose one of the cards. One wrong move and you’ll ruin any savings earned. 

Sometimes, having even two credit cards could be troublesome for those who can’t afford to pay off their bills or are weak at practising self-control. 

Risk: You might end up in a debt trap

Financial experts fear that credit card users might rack up huge bills and expenses. Well, we strongly believe that it’s nothing other than a myth. If you’re owning multiple credit cards, you’ll be way better at managing your expenses. You’ve to be disciplined enough to realise when you’re overspending or else you’ll end up in the debt trap. Don’t go overboard by creating debt that you can’t afford to pay. 

Benefit: Helps secure loans with minimal interest rates

If the credit cards are being used wisely, they’re known to strengthen your stance in the credit score range and later you can secure loans with nominal interest rates. On the other hand, if you fail to manage it responsibly the stakes are pretty high and may turn you ineligible for future lending. 

Benefit: Get rewarded on your spendings

Isn’t it tempting to get rewarded for doing your monthly groceries? It certainly is! Many credit cards offer cash backs, rewards, incentives and promotions at certain brands they’ve partnered with, which is a great thing for any shopaholic. 

Benefit: Buy now, pay later

The best thing about paying through a credit card is that you don’t get billed right away. There’s no need to worry if you’re roaming around cashless because these plastic cards have you covered.

It is quite convenient to use a credit card for your purchase, as it will let you get hold of the product/service instantly and not get billed for it until your payday rolls around. 

Risk: Losing the track of due dates

This is pretty common when you own multiple credit cards. Being diligent and responsible enough is the key to maintaining a good credit score. The best way to keep up with the due dates is by setting up reminders. 

No matter how many credit cards you own, it is suggested to carry not more than two at a time. You’ll still have a backup card in case your primary card is declined due to any XYZ reason. It also minimizes the risk of losing all your cards if your wallet goes missing. 

If you’re one of those impulsive individuals that easily draw themselves into a huge pile of debt, then you shouldn’t sign up for a credit card at all! Also, you should consider reading these five useful tips that will help you limit your overspending habit

Risk: Frauds & scams

Ever imagined having your credit card being suspected of potentially fraudulent activity? In such a scenario, your card will be frozen until you assure your credit card company on call that you are on a vacation in Egypt and the card is with you. This pretty much justifies the need to carry a backup credit card. 

Sometimes, your credit card details might be compromised if you’re a victim of phishing. Unfortunately, there’s no fool-proof way of avoiding such scam attempts. Because of such unavoidable circumstances, it’s always a good idea to own at least two or three credit cards. 

A credit card is undoubtedly a lifesaver when you are caught up in an emergency. To cope up with an unexpected emergency whether it is paying off a medical bill, losing your job or covering a car repair; credit cards can be quite useful in such testing times. Ideally, your credit card should have zero annual fees and a reasonable credit limit with the best & minimal interest rate. 

Having several credit cards comes up with the responsibility of managing credit card limits on each and paying their balances before due dates.

5 Less Common Business Costs You Need to Know About

Starting a new business is potentially one of the scariest things you will ever do in your adult life, even when compared to having children. Babies, as scary as they can seem, generally all work in the same way and their behaviour becomes largely predictable. Having a business, on the other hand, can be incredible one day and insanely terrifying the next. You will fall eventually into a rhythm with both though, so don’t panic. The most important thing to remember when starting your own business is that it is nothing like what you have seen on TV. Businesses, especially start-ups, require money and sometimes a lot of it. You may think you’ve factored in all the costs but you probably haven’t – here are 5 less common costs that you need to know about before starting your own business:

1. Insurance

Business insurance is a requirement of the law in most states, especially when your business is open to the public. Trust me, if anything ever did happen and your business got sued for a slip and fall injury, you’ll be grateful that you had that insurance to help with legal experts. Insurance premiums will vary, depending on your coverage so consult with your broker to determine the recommended coverage option for your business.

2. Permits

Permits are the worst kind of hidden business expense but they are a necessary part of doing business within your community. Permits are, unfortunately, rarely a once-off fee and your business will likely have to continue paying these from time to time for the entire time your business is operational. Before you start or buy a business, consult your local government offices or chamber of commerce professional groups to get more details about your area.

3. Software Licensing

We all know that new businesses require office equipment like computers, scanners, and printers but most of us forget that those computers require software programs that need to be licenced. Licensing costs can sneak up on you, especially the ones that require annual fees so take note of when your next payment will be due and set a reminder for a few months in advance so that you can make sure you’ve set aside that money.

4. Employee Benefits

Employee benefits may seem like an unnecessary expense but they almost always pay off. If your employees are the right fit for your company then giving them added perks for working for you will make them feel appreciated, in return they will work harder for you.

5. Utilities

Everyone knows that office rental is a major expense for most businesses but few companies realize how much they will be paying for the utilities for that office space. Power bills, water bills, sanitation costs, as well as heating bills will need to all be factored into your business’s monthly budget. Do your research and shop around for providers that will offer your company competitive rates for your utilities. If possible, consider frequent energy audit programs because these can help improve your business’s overall energy efficiency.

Tips for Making Sustainability Reporting Profitable

Focus on sustainability comes with a lot of benefits and you should be at the forefront to reap them for your organization. However, there are some managers who still see it as an expense that they can forego. So, have you adopted sustainability reporting in your organization? Is the process getting you the expected benefits?

It is true that it comes with some costs, but you should anticipate a lot more from the process. This post highlights some tips that you can use to make ESG sustainability reporting profitable.

What is Sustainability Reporting?

To be able to optimize profitability from the sustainability reporting process, it is crucial to start by understanding and internalize it well. Sustainability reporting is the disclosure of a company’s information about its significant social, economic, and environmental impacts. It is a full process that assists corporates in setting goals and methods of achieving them. Therefore, it sets the agenda for progressive changes that include enhancing profitability.

To make ESG sustainability reporting straightforward, companies are turning to automation tools, especially those that allow selected stakeholders to add relevant data. With sustainability reporting management software, your business is able to focus on new challenges and edge closer to achieving its goals for success. Here are some useful tips for profitability.

Define the Company’s Case for Sustainability 

From the definition of ESG sustainability reporting, you can see that the primary aim is reporting your social, economic, and environmental sustainability. To make the entire process sustainable, you should look at the company’s goals and refine them to emphasize sustainability. Take the case of a company that sets one of the sustainability agenda to be cutting down emissions by 50% in three years. In such a case, the improved efficiency will come in handy in cutting down raw material-related losses, improving productivity, and growing profits.

Make Your Employees Sustainable Champions 

Your process of sustainability reporting cannot be complete without involving employees because they are responsible for implementing related policies. Therefore, make sure to make them part of the process from the beginning. For example, you should demonstrate the importance of automation to the employees in order to reduce resistance. Therefore, start by training them on the multiple benefits that sustainability will yield to both the company and society.

With staff committed to sustainability, you will find it easy to not only reach the targeted goals but also surpass them by a considerable margin. For example, committed staff will be there to turn off lights and power when not in use and use computers for communication as opposed to printed memos. All of these actions will translate to lowering costs of production and increasing profitability.

Create Transformative Change 

The starting point of the sustainability reporting process is crafting strategies to achieve your company’s goals for sustainability. However, the report you generate only serves as a platform and could help to propel your company to higher profitability. Here is how you can do it.

  • Use sustainability report to demonstrate commitment to improving the society and environment. This will be a great way to build a stronger and better community around your brand.
  • The sustainability report can help you to win a bigger market share, grow sales, and move the company to the next level.
  • Make sustainability reporting a platform to inform new changes needed for higher profitability.

One of the best decisions that you can make in your company is to adopt ESG sustainability reporting because it breathes new life into every unit. While the efforts will no doubt attract some costs, such as buying new equipment and training staff, the value that comes with it can catapult you right ahead of the park. This is why you need to follow the right procedure for gathering data, focusing on accuracy and honesty. Consider automating the process by acquiring and using appropriate sustainability management software. 

Finding a Video Production Company in Vancouver for Media and Videos

Words are useful in creating meaning; Pictures amplify the meaning created and videos give it credibility. This explains why most businesses make use of videos to pass messages to the target audience and consumers.

Videos are effective tools of communication that beats language, cultural and racial barriers to convey meaning. If you stay in Vancouver or any part of the world, you will find that videos are gaining prominence in the communication world.

Getting good visuals for your business requires that you hire a reputable video production company. With this, you are sure to get original and unique content that will convey your brand’s message in the most suitable manner. A good media company converts the concept of a brand to a captivating video that will prompt the desired response from the target audience.

If you are looking to hire a video production company, you will find that it is a bit daunting especially if you don’t know the qualities to look out for. However, with the right guide, you can easily find a good company to handle your project. We will also simplify the search process for you in this article by outlining some tips to guide you. 

Video Production

Video production is the process of creating a video. It takes different forms such as product overviews, demo, video blogs, social media videos, or customer testimonials. Video production is essential in the creation of brand awareness and the generation of fresh business leads.

Videos have a record of evoking the desired response from members of the public and businesses are constantly using them to achieve set business goals and objectives.

Reasons to Use a Video Production Company

Here are some reasons why you should hire a video company:

Originality

Video production companies are regularly contacted by clients that run different kinds of businesses and this makes them engage in research to give them unique content. Understanding the visual industry requires proper research and this has led to the investment of huge human and financial resources in research by media companies. 

Research allows these companies to stay updated with trends within the social space to know what consumers need and come up with measures to satisfy a client’s creative need. With this, clients are served content that is exclusive to their brand in a way that carves out a niche as well as an identity for them in the market. 

If you need other tips on how to stay updated with market trends, you can watch this video.

Professional Output

There is a huge difference between work done by a trained professional and a novice in the industry. While creating visuals for a project may be considered a DIY project, allowing professionals to handle it gives a top-quality output that will achieve the set goals and objectives of the business. 

Furthermore, using an individual’s concept isn’t always enough especially when compared with a team of professionals handling a project. Contracting a team to handle a creative visual project makes room for a variety of concepts that will be used to convey the business message to the target audience. 

A team is usually made of people handling different stages of the creative process like video creators, freelancers that research market trends, and editors that check the suitability for the brand identity. All these personnel work towards the production of top-quality videos.

If you feel you want to handle your video production projects and you need tips to guide you, you can check here: https://www.skillshare.com/blog/learn/videography-for-beginners

Saves Cost

Your budget goes a long way in determining the kind of production you request. With a professional company, you get to save a lot of money that would have been used to try numerous productions while trying to get the desired result. A good company gives you an output that can be used to run different marketing campaigns even after some time.

One notable thing about working with a professional is their ability to work with your budget. With this, they can create a suitable video for your business even with a limited budget. 

Similarly, there are enterprises that buy production equipment and train their staff on how to create visuals with them. While this is considered to be economical, it is not always ideal as there are upgrades and modifications that happen daily with equipment.

Additionally, most staff may not have good knowledge of video production and this may lead to poor output. If you are looking to handle your production and you need help, you can read articles explaining how to produce videos for assistance. 

Finding a Good Media Company 

The following are some tips to find a good company:

Use Local Companies

You can check out multimedia companies around you. Some of these companies also render good quality services to their clients and using them will be a good idea.

Check Online

There are several multimedia outfits that have websites where prospective clients can check out their services. You can use your favorite search engine to search for video companies around you. While doing this, always take out time to research a company before working with them. The essence of doing this is to avoid falling victim to fake or fraudulent companies.

One way to avoid fake companies is to read reviews published on the website. These reviews are effective in helping you to know the quality of service they render to clients. However, you may need to read between the lines to spot fake reviews. If you need help with spotting fake reviews, you can check here.

Conclusion

There is no better way to convey meaning other than with the use of videos. Videos are beautiful and are effective in giving credibility to a message. The production of a good video isn’t always a stroll in the park hence you need a good company to handle the project. We have discussed some tips to help you with finding a good company as well as the benefits of using a professional for your visual projects.

Factors to Look For when Buying in a Gold Company

Gold has preserved its value over the years, and it’s still essential in many industries today. This is why a lot of people are interested in owning it or at least have a portion of their investments in precious metals.

In the past, gold and silver were only owned by a minority of very wealthy individuals. However, as companies are going public, some of the assets are becoming accessible to individuals, and they became affordable as well. As a result, it’s common to see companies today buying and selling coins and bullions at an affordable rate.

Some of these transactions are safe, mainly if you only stick to the tried and trustworthy manufacturers. You can find more information about these companies by reading Birch Gold Group reviews and learning more about their investment products and services. Know that the regulatory authorities remit not all transactions. Many may be getting it from underground sellers, making it easier for some to enter this industry.

Buying precious metals often involves a large sum of hard-earned cash, and you need to ensure that you’re investing in something safe and valuable. When you know what factors to consider when selling or buying gold, you’re protecting yourself and becoming a wiser investor. Some of the points to consider are the following:

Factors to Know when Buying Gold

1. Verification and Authentication

The first thing to know is to verify whether the bullion presented to you is authentic. This is the same with coins. Verification processes should never be skipped because it’s essential. You may want to have a provider that buys directly from accredited associations, approved refineries, and mints to ensure that their assets are legitimate. If they are buying and selling from the general public, some of the coins may be fake, and you wouldn’t want this to happen to you.

The genuine articles have seals of authentication with them. The so-called chain of integrity is critical when it comes to providers and the overall infrastructure of the bullions. You should know about the origin of the bars that the sellers are offering you. The reputable ones will give you a bar with a serial number stamped on the surface where the purity is 99.5%. You can read more about bars on this site here.

Once you’ve carefully scrutinized and checked the gold bar, it’s time to see if it’s accepted into the professional market. They should remain in vaults that are accredited by international financial exchanges to ascertain that the contents are still pure and there’s no tampering that has occurred.

There are also international anti-money laundering requirements like knowing your customer that involves the photographic identification of clients. Regardless of whether the transactions include selling or buying, KTC will protect all parties involved, and there can be a trace of where the bullions originated.

In the case of coins, there is a gold coin detector like Fisch that’s used by international banks worldwide. Since the 1980s, investors and primary dealers have used these tests that offer services to their clients. You need to increase the chances of owning a genuine article to get the most value from your investment.

2. You Need Safe Storage Somewhere

Select providers that will give you a facility where you can store the precious yellow metals. There should be appropriate insurance, coverage, and highly secure storage where audit controls are done daily.

When you can have someplace where you can safely store your gold bars, you can expect to prevent additional expenses for re-authentication since the bullions have remained within the chain of integrity. The suppliers should never expose their clients in the first place by bringing the physical metals unnecessarily. They should stay in the storage facility for security.

Another thing is that it’s worth noting that your gold as a client should not be considered as property of the bank or broker. Therefore, they should not be included in the balance sheet of the company. If this interests you, you can always try exchange-traded funds that will pool the accounts, and the clients will be the unsecured creditor of the institution in the name of higher returns.

3. Avoid Specific Types of Gold

Owning physical gold coins and bars in a specific account is the safest way to own this asset. However, note that not all that provides sparkle is considered gold. Avoid brokers and telemarketers that are trying to hard-sell you. Know when someone is hard selling you on this page: https://corporatefinanceinstitute.com/resources/knowledge/other/hard-sell/.

Some of the scams are made for overpriced coins, which are often numismatic and semi-numismatic at an exorbitant rate. Consumers are known to have markups of over 100%, and some have been ripped off for 25%. The premium retail may between 5% to 10%, and they are lower with bars when a consumer makes a volume purchase.

Another thing is that leveraged trading is a very high-risk speculation. For example, if a gold medal has a material correction in a typical market, the investors could see their money gone instantly. Also, another point is that many buyers don’t own the metals themselves, and they are exposed to the other parties’ risks.

Know that it can be risky for you to sell your gold to the same provider where you bought it. This form of closed-loop transactions will create a dependency over time, and you may feel overly reliant on the whole thing. The country party is the one making the risks, and the price may not be worth it.

It’s better if you own the bars and physical coins and sell them to others. The markets out there are internationally competitive, and bullion dealers are available every time you want to sell. You just need to decrease your overall dependency and thought process that the provider is the only entity to sell your metals. The competition is essential to ensure that the price is right.

Choose the providers that have a stellar reputation in the international and domestic settings. Then, research them and ensure that you’re dealing with a reputable broker if you ever choose to do closed-loop transactions.

The 3 Mistakes To Avoid With Your Life Insurance Policy

Though it may not be high on the list of priorities of many people when starting a family, having a life insurance policy is very important. It is very confusing for many since you do have to make sure that you choose the right policy for your needs and budget. But, there is more to it than that.

Picking the wrong policy or making a number of other mistakes can leave you in a bad position. In fact, some mistakes are big enough that you may need to hire a life insurance lawyer to help you. 

In this article, we will go over some common mistakes people can make with life insurance so you can avoid doing the same.

1 – You didn’t shop around

You may feel like getting the same policy with the same coverage is going to cost the same no matter what company you go with. Unfortunately, this is not true. There are so many variables that go into the quote that make it vary wildly from company to company.

This means that shopping around is essential. Try to go with a few different life insurance companies and see who is going to give you the best quote. Not only will you be able to find a deal, but you may also find that you can get better coverage than you had planned to get for around the same price by going with a different provider.

2 – Naming the wrong beneficiary

There is usually a good reason to name certain people or things as a beneficiary. Loved ones that happen to be minors, for example. Or, you may even want to name your estate as beneficiary. However, these are serious mistakes to avoid.

Starting with the mistake of naming an estate, the reason this is a bad idea is that it puts your estate beneficiaries in a bind in the event of your death. It can take a long time to get through the probate court which leaves them without the benefits.

Naming a minor as a beneficiary gets very complicated and expensive if you are deceased before they reach adulthood. If there is a dispute over who should be the legal guardian then this can delay the payment from the policy and cost a lot of money in lawyer and court fees.

3 – You fail to keep it updated

Things change over time as life goes on. What was seemingly set in stone a decade ago may have evolved and looks quite different today.

You will have to keep your policy updated as things in your life change to avoid any problems later. For instance, you may be divorced and will need to change your beneficiary. Or, you could find that the policy you thought provided enough coverage no longer does now according to your circumstances.

Review your policy periodically so you can be sure that there are no discrepancies that could cause a headache further down the road.

5 Unknown Facts About Slip And Fall Personal Injury Claims

Slip and fall injury cases are by far the most common personal injury lawsuits. When considering just how severe the injuries can be from a slip and fall, claiming compensation is always the best decision. Even though most people would assume that a slip and fall can’t be that bad, this common injury often results in severe spinal cord injuries and even traumatic brain injuries depending on the specifics of the incident.

After experiencing a slip and fall, you should immediately seek medical attention to determine how severe your injury is. Even if you haven’t endured any severe and life-altering injuries from the incident, you should still contact a personal injury attorney in Tustin or your local area to conclude if you have a legal case and how much your injury case is worth. With that said, here are a few little known facts about personal injury law that could help you win your case.

Premises Liability Refers To More Than Just Slips And Falls

Premises liability does not just refer to slip and fall incidents as the law covers injuries that occur from negligent security, contaminated food, and even a defective elevator, to name a few. As a result, premises liability refers to all injuries sustained on the premises due to negligence. Your claim won’t be secluded to the slip and fall alone, as you may be eligible for additional compensation considering the level of negligence that led to the incident.

You Can Claim From Property Owners For Slip And Fall Injuries

Slip and fall injury claims are not secluded to businesses such as retailers and your place of work. Suppose you slip and fall while visiting a friend, family member, or acquaintance, and your injury is the result of their negligence as a property owner. In this case, you can claim from the property owner as they should have home insurance that covers such instances.

The Timeframe For Claims Depends On The Circumstances

While it is always best to file a claim as soon as possible regarding personal injury lawsuits, the timeframe for claims varies depending on the circumstances. Therefore, if you slip and fall on government-owned premises such as a park, public school, or any government building, you will have to file your claim within one year of the incident. On the other hand, if the slip and fall injury occurred on private property, a retail store, a restaurant, a hotel, or at your place of work, you will have a maximum of two years to claim for the injury.

Personal injury refers to a wide variety of injuries, and while slips and falls are the most prominent, road accidents are the next most common type of personal injury cases. However, regardless of your type of personal injury case, you should always rely on an expert injury lawyer to handle your claim process for you as this won’t just speed up the timeframe. Still, it will also ensure you receive the maximum compensation for your unfortunate experience. 

How to Recover From a Bankruptcy

If you’re thinking about filing for bankruptcy, it’s probably not a decision you take lightly.

Bankruptcy is not an easy way to get out of paying your debts. Instead, you should view it as a means to get control of your finances and rebuild a strong foundation for yourself.

The consequences of bankruptcy can be pretty significant.

For example, bankruptcy proceedings may require that you give up your possessions and sell them to pay your creditors.

Bankruptcies also damage your credit, and they can impact your ability to get a loan for something like a house or a car well into the future.

Even if you are able to get credit from a lender in the future, you’re probably going to get a higher interest rate and less favorable terms than a borrower without bankruptcy.

After you file a Chapter 7 bankruptcy, you can expect that it will stay on your credit report for 10 years. If you file Chapter 13 bankruptcy, then it will stay on your credit report for seven years.

With a Chapter 7 bankruptcy, your trustee uses liquidated assets to pay off as much of your debt as possible, and then the rest is discharged. With a Chapter 13 bankruptcy, you have to pay everything back within three to five years based on a court-approved payment plan.

Before filing for bankruptcy, you should consider all of your alternatives, including a debt consolidation loan, help from a government-approved credit counselor, and talking with your creditors to see if they’ll work with you on a repayment plan that’s more manageable for your financial situation.

If none of these things happen and you have no other choice, after a bankruptcy, you should take the following steps to start recovering.

Understand What Happened

The most important thing you can do as you begin to rebuild your financial life after a bankruptcy is truly gain an understanding of what happened and why you found yourself in that situation.

This can be hard because it forces you to look at bad habits and mistakes you made, but this really is the only way you’re going to be able to move forward.

Without knowing where you went wrong, you’re not going to know what to improve on in the future.

Check Your Credit Reports

Looking at your credit reports for the first time after a bankruptcy can be painful, but again you need to do it. This is the only way you’ll know where you’re starting so that you can track your progress.

Look for any mistakes, too, so that you can dispute them.

After you initially check your credit, you should sign up for a monitoring service. There are free options like CreditKarma, and they will help you stay on track of your progress and also alert you of any suspicious behavior that could be affecting your credit.

Maintain Your Home and Job

If you already have a job when you file for bankruptcy, do everything you can to keep it.

If you don’t have one already, then you need to find steady employment.

This will help to rebuild your credit and show you’re reliable. You should work to have a stable home too, whether you own it or it’s a rental.

Create a Budget

When you have a budget, it helps you truly know what’s coming in versus what’s going out. In order to rebuild your finances and also avoid making the same mistakes, you need to have a budget.

You need to start by including all of your income sources. From there, list your expenses and start to see where you can trim things.

Don’t be too rigid in your budget because that might make it impossible to stick to, and then it’s pointless.

Start Using a Secured Credit Card

A secured credit card is likely going to be one of the first things you begin utilizing after a bankruptcy to rebuild your credit.

A secured credit card is one that you can easily get approved for in most cases, even with bad credit.

The reason you can be approved is that the card is backed by a cash deposit you make. The deposit usually equals your credit limit.

If you deposit $300, then you can spend up to $300 with your card.

Eventually, if you pay your bill on time, you can raise your credit score enough to get an unsecured card.

An unsecured card may be an option if you have bad credit, but if it is, you can count on paying high fees to use it.

Either way, having a credit card, using it responsibly and paying on time are going to help you reestablish your credit.

As a note, a secured card might sound like a prepaid credit card, but there are differences.

With a prepaid card, you’re not getting the advantage of having it reported to credit bureaus.

Ideally, to make the most use of a secured card, you should only make one or two small purchases a month with it so that you don’t spend more than you should.

Then, each month, pay your balance in full. This helps you avoid paying any interest.

A secured card can start to improve your credit within about a year.

Aside from making one to two small purchases on your secured card a month, use only cash when you can.

Add Other Accounts to Your Credit

There are certain ways you can add things like your rent and utility payments to your credit report. For example, Experian offers Experian Boost. This lets you add your utility and phone bills in your report, and if you make them on time, then it helps improve your credit score.

Finally, be patient with the process and yourself. The impact of bankruptcy can be difficult at first, but if you’re diligent you can dig yourself out of it and re-establish your credit score. Take your time and look at it as a process.

Participating in a Brand Ambassador Program for a Company

Many schemes promise financial rewards if you participate in them. Unfortunately, some of them are simply used by dubious people to take advantage of unsuspecting persons.

We suggest that you ask the question “what is in it for them?” before being a part of any scheme that promises financial reward. This is because a system that equally benefits from your participation should be able to keep up with its promises.

For instance, we advise that people stay away from Ponzi schemes as the source of their earnings is questionable. On that note, you should know that participating in a brand ambassador program of a reliable company is worth your while.

This is because even the company stands to benefit from your participation. For instance, it has been discovered that people are likely to deal with goods or service companies that are recommended by brand ambassadors. For more on how running a brand ambassador program helps businesses, you can read this.

We will discuss how you can take advantage of such a strategic marketing program in this article. We strongly advise that you keep reading considering what you stand to learn and gain.

What Is a Brand Ambassador Program?

This is a strategic marketing system by a company that aims to raise people who can act as the brand’s face. The responsibility of these individuals will be to help the business create a positive image, especially among the target audience. Also, well-known companies have these programs to maintain and improve their public image.

A while ago, the concept of handling this portfolio was something that only celebrities in the entertainment, sporting world and other facets were exclusively allowed to do. This is because these people have loyal fans who believe that whatsoever they endorse is worth it.

The truth is that the use of celebrities is still very much a marketing tactic but other people can also play a huge part in promoting a business. This is why many of these companies have set up programs to identify and select people able to help.

The job of a brand ambassador program company  is to hire and train brand ambassadors. Many businesses turn to these professional services for help so that they do not have to go through the trouble of training and monitoring these corporate representatives.

Ways You Can Act as a Brand Ambassador

Once upon a time, the only way anyone could act as a brand ambassador was by physical presence. Although physical presence is still very much used and appreciated, there is the option of being an online influencer for the company. Let us take a look at the implications of being an in-person and online brand ambassador:

In-Person Option

People who participate this way are charged with the responsibility of having conversations that promote the interest of the company. This can be in a marketing or conference event where awareness of the goods and/or service will be done.

In such gatherings, they set up and run tables as well as showcase the products or services in appealing ways. For instance, product demos can be organized for this purpose.

Furthermore, it is not unusual to see such people distribute marketing materials such as posters and stickers. Also, it is common to see in-person brand promoters wear T-Shirts, Hats, and other clothing items that present the company in a good light.

Online Option

Information technology has and is playing a huge part in how companies can create brand awareness and record massive sales. One of the ways this has been possible is by making good use of online brand ambassadors.

For more on this subject, you can visit: https://www.business2community.com/tech-gadgets/importance-information-technology-business-today-01393380

Unlike the in-person option, these portfolio holders work remotely by using various strategies to create, maintain, and/or promote the brand’s identity. Organized and positive result-yielding activities are carried out on social media platforms to achieve this.

They post visual and/or written content regularly on chat groups and message boards that are aimed at portraying a good image of the company. Other than this, some of these online corporate representatives write reviews in favor of the business they represent.

This is a great tactic considering that some people can only decide to order a product or service after they have consulted reviews. However, such reviews should not seem biased or subjective as this might be a turn-off for some prospective clients.

Wrap Up

Whether in-person or online option, these corporate representatives work to promote the brand amongst their circle of influence. This might be in person or via what digital technology offers.

We have discussed the 2 major ways you can participate in these programs and hope that you make the right decision. However, you should not also forget to make sure the company is reliable. For instance, they should not be into illegitimate operations.

Keeping Your Finances in Check Whilst Living Abroad

No matter where you live, you should always have a firm grasp on your finances. It’s important to know how much you are spending, how much you are saving, and how much you are earning at any given moment.

Whether you are making the move for a long period time or a short period of time, there are some crucial steps you should take to manage your finances whilst abroad.

Open a Local Bank Account

International bank transfers can end up costing you quite a lot. If you are planning on settling down in a foreign country, it’s wise to open a local bank account. Many countries require a local bank account if you are looking to lease a car or apartment. Furthermore, this will save you from high exchange rates.

Keep an Account Open at Home

You may only move for a few years, or you may end up living there forever. You never know when you might need to come back to your home country. Whatever the case, it’s prudent to keep a bank account open at home. Speak to your bank and ask them what options are available to you.

Find a Suitable Insurance Plan

You never know when you could find yourself in a tricky situation, so it’s always a good idea to prepare for the worst. That’s why you should always invest in health insurance for travelling abroad. Medical bills can be extremely expensive, especially as a foreigner in a different country, so a great way to cover future expenses is by getting the correct travel insurance.

Manage Your Property

If you have a property back home, you should make the most of this investment. Don’t leave it collecting dust, instead, hire a property manager to keep it occupied whilst you are gone. Not only will you make some extra money on the side, but you’ll also keep it maintained and free from intruders whilst you are abroad.

  

Get Used to Conversion Rates

When you live in a foreign country it’s easy to get carried away with how much things cost. Make sure to get used to the conversion rates and always calculate the price in your home currency before you buy. It may seem like your everyday items are extremely cheap, but once you do the math, it could end up being much more expensive than you thought.

Re-Adjust Your Budget

Whenever you move to a new country, or even a new state, you must factor in the new and additional costs. Make sure to re-adjust your budget and set yourself new spending limits. To get the best value for money, set yourself a daily budget in the local currency.

Adjusting to a new life abroad can be difficult. Don’t let something as simple as finances, further complicated your move. If you are still struggling to keep your finances under control whilst living in a new country, you can always reach out to a financial advisor for help.

More Than Half of Americans Are Living Paycheck to Paycheck

More than half of Americans report that they are forced to live paycheck to paycheck. This trend has indeed been going up since March 2020, but it’s not only because of Corona. Many reported that they were even living paycheck to paycheck prior to the crisis, and about 30% say that they should have saved more in their emergency fund.

The US is not the only country where citizens are struggling financially, however. According to the Norwegian newspaper e24, four out of ten people in Oslo, Norway are spending all the money they earn each month. Kjell Amund Bergheim, CEO at Lanfordeg.no, a loan comparison service in Norway, says that this is an unhealthy trend he is seeing. Most of the customers who seek guidance from the company haven’t even heard about an emergency fund, and they usually have only a few hundred dollars in their savings account. The simple decision to save fifty dollars or so each month would make for a simple and fruitful beginning.

For a lot of Americans, the financial hardship is not so much about the decisions they make, as it is about how much it costs to fund their nutrition, housing, education, and health expenses. Declining salaries are also impacting the situation negatively. Even though the national economy was doing really well, salaries were halted in 2019. In 2020, the increase in salary is only about 1%, which is almost an all-time low. When we look at things from a longer perspective, findings show that the average salary growth has decreased by almost 10% since 2005, after inflation is accounted for.

Despite the government’s initiatives to offer help through unemployment benefits and reasonable loans, a lot of people are still spending as much as before, while others don’t have any more savings left. Almost half of the people that were surveyed reported that their emergency fund was empty and that if they’d have to deal with a $300 crisis, about 80% of them wouldn’t have the means to pay for it.

Naturally, this means that a lot of Americans have to pay for their expenses by taking up personal loans, which eventually leads to long-term debt problems for many of them. About 25% of survey respondents say that they have built up a debt larger than $12,000, one that will only keep increasing if they can’t find a lasting solution to their financial problems.

Returning To Work After A Work-Related Injury: What You Need To Know

If you have been injured in a work-related accident, you may have a long road to recovery ahead of you. And in many cases, the road to recovery is not always entirely smooth and free of hassles. While you are entitled to claim from your employers’ workers’ comp cover policy to receive compensation that will cover your medical bills, lost income, and even pain and suffering, among other damages, you may be concerned about returning to work.

Professionals who have been injured on the job face concerns about whether they can continue to perform in their career as they could before the injury. Other concerns may revolve around fair treatment from the employer, insufficient injury leave, potential loss of pay, and others. However, you have rights after experiencing a work-related injury, and a Skyview Law personal injury lawyer can help you uncover all the details. With that said, here’s what you need to know when returning to work.

When To Return To Work

More often than not, your healthcare provider will advise when you can safely return to work. However, it would be best if you made the effort of keeping your employer up to date and informed regarding your recovery progress. As soon as your doctor has given you the green light to return to work, it is best to inform your employer immediately.

In cases where an employer is not willing to provide adequate leave time to allow recovery, it is best to deal with your employer through your injury attorney. You may say the wrong thing, and this could put your career on the line. So instead, let your lawyer handle your leave. If you are working under an employment contract, your available sick leave, family emergency leave, and vacation leave can all be taken into account when granting leave for your recovery.

Dealing With Unfair Treatment

Your employer is required by law to treat you fairly, and after experiencing an accident that is the result of health and safety negligence, things may get a bit tricky. However, there are labor laws that define how an employer may and may not treat you. If you feel you are being mistreated, it is best to consult your injury lawyer to discuss further legal action against your employer. Moreover, if you are not treated fairly after returning to work, there is no better time than now to seek a new employer as things are unlikely to improve.

Feeling Restricted By Your Injury After Recovery

If the specifics of your injury have left you unable to perform at your job the way you once could, you should consult your employer about light-duty jobs that you could do until you have fully recovered. However, your employer is not required by law to agree, so your approach is essential. On the other hand, if you cannot perform your job role long-term, you should consider seeking alternative employment. Your compensation payout should cover your loss of income and inability to continue working for at least a few months.

Recovering from an injury and returning to work can be challenging. However, with the right injury lawyer, you can obtain fair compensation that will allow you to get your life back, even if you can’t perform your job role indefinitely.

How To Budget For A Home Down Payment With A Baby On The Way

Having a baby can put a strain on your finances and stress levels, and saving for a down payment can easily double that strain. It may take a lot of careful planning, penny-pinching and some adjustments to your spending habits, but it is possible to do both simultaneously. Here is our quick guide to budgeting for a baby and down payment. 

Start ASAP

You should start saving immediately for both your baby and down payment. The sooner you begin, the more cushion you will have when the baby comes. Put aside every extra dollar you have each month into the highest interest savings account you can find. 

Work Out What You Need

You should make a list of everything you need for the baby and the new house. You should include potential expenses for the baby up to one year old and any medical needs you or they might have. You should buy all your baby items in advance and shop around for the best deals. 

You should prepare for the cost of moving and settling into your new home. Have an emergency fund in case your new home has issues that need to be fixed. 

Be Realistic When House Hunting

You should be realistic about what you can afford. If you want to buy a home before having the baby, you may not have enough time to save for your dream house. Work out how much house you can afford, and factor in that one or both of you may be taking parental leave. You should look at modest starter homes to avoid overstretching your finances. 

Consider Lower Down Payment Loan Options

You should consider lower down payment loans such as FHA home loans. These loans allow you to buy a home with a down payment of 3.5% instead of the standard 20%. If you are on a tight timescale to buy a home before the baby comes, choosing a low down payment loan could help you get on the property ladder in time. 

Prepare For Lowered Income 

One or both of you may take parental leave, which can leave you with a lower monthly income. You should decide in advance how much parental leave to take and find out how much paid leave your employer or State provide. 

Cut Unnecessary Expenses

You should eliminate all unnecessary expenditure. Make a strict budget and review your monthly outgoings. Avoid spending on meals out, takeaway and days out until you have saved your goal amount. 

Don’t Rush

You should weigh up your options carefully before buying. You may have to accelerate your house buying plans due to a baby on the way, but you should still take time to look over properties carefully. Choose wisely to avoid buying a home that will cost you more in the long term. 

5 Effective Steps to Stop Your Overspending Habits

Few days after payday, do you ever ask yourself, “Where did all my money go?” Have you ever found yourself spending way too much? If this sounds familiar, then it’s likely that you’re overspending.

Overspending is the act of spending way too much money as you have planned in the first place. We can see how this can be a problem, especially in the long run. Thus, it creates issues such as financial difficulties, dept, and even relationship issues. Once this starts to develop, it’ll be a downward spiral from thereon.

If you notice yourself doing this, it’s time to put an end to it as soon as possible. Overspending is a form of addictive behaviour. Like every addiction, this needs to stop before you suffer even more from it.

“How can I be sure that I’m overspending?” you may still ask. Let’s go ahead and identify the signs of overspending to check if you are!

Ten Signs of Overspending

No Idea Where Your Money is Going

If you don’t have any idea where your money goes monthly, then it’s a sign of not spending it on planned purchases.

Stress About Bills

If you feel anxious when bills start to come in because you don’t know if you can for it, this may be a sign.

Declined Credit Card

Once you empty your bank account and max your credit cards, this is a clear sign that you spend too much.

Only Afford Base Payments

When you can only cover the smallest amount of payment for your credit card debt, then that’s a problem.

Unbalanced Budgets

It is a great habit to keep a budget. It would help if you had a spending plan for the current money you have. If you can’t follow it and balance due to lack of funds, this can be a sign.

Splurging Habit

If you spend money daily on things that are not necessary, then that’s a bad spending habit and a clear sign.

Unused Items

Have you seen some of your items stored in one place unused? That means you bought things just because you like them. Not that you need it.

Shopping Therapy

When you start shopping every time you want to make yourself feel better, this is a sign of addiction.

No Savings

A clear sign that you’re living beyond your means would be having a solid income but no savings at all. It indicates that you spend your extra money rather than saving them instead.

Lying 

Lying or keeping your spending habits a secret is an ample warning since you don’t even want others to know about it. If you’re hiding it, then it must be wrong.

Now that we know the common signs of overspending, we’re done with the first step, knowing if you qualify it. Were you able to relate to it? If so, then let’s look at the reasons why you could be doing it!

Understand Spending Triggers

Overspending is a behaviour that can result from various things. Specific emotional or psychological triggers can cause us to spend more. Before we can get rid of our overspending habits, we need to identify our triggers.

Understanding spending triggers will help us avoid situations that can trigger our need to shop. And once we are already aware of what it is, we can also start making better decisions.

Change in Mood

Different emotional states and moods can make us feel the need to go on a shopping spree. The most common emotions that can trigger this could be sadness, stress, and anxiety.

To make themselves feel better, people lean towards impulsive shopping. It’s what they call “retail therapy.” Try other healthy ways to cope with these feelings instead of shopping!

The Influence of the Environment 

Are you aware of environments that make you feel like you need to spend your money? Some places can make you feel obligated to pay even by being there. Cafes, shopping centres, and marketplaces are prime examples of this. What you can do is steer clear of these places to avoid the temptation of buying!

Being Pressured 

Do you feel pressured to spend more money when you’re out with your friends? Even if your friends have the purest of intentions, sometimes we want to keep up with them when spending. Our feelings of wanting to do or buy what they get can be bad for our finances. Instead, we can decline their invites or suggest plans that won’t hurt our wallets!

Your Lifestyle Towards Money

Being accustomed to a particular lifestyle can be hard to give up once you face financial problems. Once your lifestyle becomes more prominent than your budget, it’s time to quit it before it gets worse. The easiest way to counter this is budgeting with a bold discipline to yourself.

Once you identify your triggers, you can now make your first step in stopping your impulsive spendings. Now we can give you a few things you can do to stop overspending!

Track Your Spending Then Create Budget

Even the smallest amount you spend on purchases can add up to a considerable sum of money by the end of the month. The key to successful budgeting is keeping track of your expenses. It helps you become accountable and aware of where you use your money on. You’ll be able to make smart financial choices by identifying what to cut back on.

To start with, you can create a spreadsheet or a notebook to write your expenses on. Gather all your past bills, so you know how much you spend on your necessities. With that, calculate your monthly income and deduct the essentials you need. Finally, for the money you won’t be using, keep it as your savings!

Use Cash

It’s so much easier to take out your credit card to pay for any item you buy. It’s like buying an item without taking out money from your wallet. You don’t see it when they take out money from your bank account. That’s why it makes it so easy to use. Since we don’t know if the cash was reduced, we may feel like it didn’t significantly damage our bank accounts.

In comparison, using cash makes us more aware of how much we have. Since we see the physical money, we can track it as it diminishes. With actual money, all we can spend when going out is what we have in our wallets. It will help us become more careful with our financial decisions.

Learn To Limit Yourself From Using Credit Cards

Since we’re going to start to use cash, it’s better to forget about our credit card information. Once we start trying to change our ways, we can’t help but feel tempted sometimes. Try to forget that you have one, so this doesn’t become a safety net when you think of overspending.

To do this, you can leave your credit cards at home if you feel like you might use them. If you have it with you all the time and you’ve memorised the information by heart, then cancel it.

Remember that if you want to change your bad habits, you will need responsibility and self-control. By doing this, it reduces the chance of you using the card for spur-of-the-moment buying.

Set Financial Goals

Overspenders tend to live at the moment, not exactly concerned about the future. That attitude makes it harder for them to reflect on how serious this can affect them in the long run.

By setting a financial goal, it’s easier to stay motivated as you overcome your bad habits. Having them will remind you of the reason why you’re making changes and sacrifices.

You can start with short-term goals. When you start becoming more money conscious and less impulsive, then take it up a notch! Once you’ve done that, you can move on to setting long-term goals for the future. best payday loan Singapore

But what if an emergency comes when you’re still halfway to your goal? You can’t ruin what you have started. Instead, you take the  from a reliable moneylender. Lender Cash Mart offers the same product at a low-interest rate.

If you took a loan, be sure t

Reward Self

For everything you do, you also need to reward yourself for being a better spender. It’s a fact that being strict with yourself will help you save money. It is until you lose it and go on a shopping binge because you’ve been too tough on yourself.

It’s alright to give yourself a little reward once in a while. This way, it helps better in trying to stay on track with your improvements. By putting a little cash aside for the things you want, will keep you motivated and sane! Remember that every good behaviour needs a reward!

Learning how to stop overspending can be challenging. Trying to break a habit and becoming more responsible can be more complex. But all this is possible!

As everything is, it takes dedication and time to reform your spending habits. You may feel the urge to go back to it from time to time but don’t feel guilty. That’s part of the process. Once you’ve followed these steps, you will be a step closer to your goal of becoming a wiser consumer!

3 Things to Know Before Buying a Business

Everybody wants to gain financial freedom, but only a few people know that the best way to do so is to establish a business. Even fewer are willing and able to start a business from scratch, as this entails that they’re going to have to handle things like business models, marketing strategies and campaigns, products, employees, and logistics. Why go through all that when you can simply buy it from someone who’s already laid down the roots?

However, this isn’t a guarantee that you’re going to profit from the purchase. In many ways, buying a business may even be riskier than building one. Here are some things to consider in order to mitigate that risk.

Stability vs Potential Growth

Before buying a business, investors need to consider whether they want to buy a business that’s already been able to establish its reputation, or a business that’s very likely to grow substantially. Successful businesses tend to cost significantly more, but they also have stability in terms of profit and customer loyalty. Successful businesses also benefit from their brand reputation.

On the other hand, while a growing business is a significantly riskier purchase, there’s much more to gain, not just because of the much lower cost of acquisition, but also because these businesses can be potentially disruptive. The likelihood of an investor being able to improve a growing business to such a extent really boils down to the investor’s mastery and knowledge over the industry that the business operates in.

Buying Shares vs Buying Assets

Another thing to consider is whether to purchase shares or assets. This is important because it can determine your level of exposure to legal liabilities. Buying business shares effectively means that the investor becomes the new owner while the business retains its status as its own legal entity. All debts and liabilities also become the new owner’s responsibility.

On the other hand, an asset purchase means that the investors gain ownership of business assets such as vehicles, warehouses, equipment, client records, and inventory. They can then register the business as a separate legal entity under a different business name.

Overall, an asset purchase is the safer option if the business has unmanageable debts and obligations. A stock purchase is the better option if the business has a reputation that’s difficult to re establish under a different identity.

Due Diligence

Finally, it’s important to take a thorough accounting of the business you plan to buy. This entails tasks such as performing an exhaustive asset search, as well as all debts, liabilities, security history, and many more. Cybersecurity is an especially important aspect considering that when you purchase a business, you also purchase their data. Compromised data is no good in the digital world, not just because of the data leak itself, but it’s also a sign that particular business is vulnerable.

There are many other factors to consider when purchasing a business, but these are the three guiding principles that will keep you from getting lost in the complexities involved.

What Are The Costs When You Become An Uber Driver?

It seems like everybody these days has a side hustle going or is looking to find the right one for them. A very popular one is to become an Uber driver and make money in their spare time. It seems fairly easy to get started and there are a number of people that make a full time income from it.

However, there are some costs involved when you are getting started that you need to be aware of. Since it does cost money in the beginning you may be working for a bit to get to even. To keep you from getting into something without knowing the process, we put together this article to help you understand the costs.

Increase in car insurance

When calculating your expenses, don’t factor in what you are paying for insurance now. Insurance costs are highly dependent on how you use your car. Think about when you call for a quote. They always ask you if your car is used commercially and how many miles you usually drive.

The fact that Fleet insurance experts at Fleetcover found out how much it would cost to insure the cars of Netflix and the numbers are unbelievable. That should help you understand how the price of insurance is tied to how to use the car.

Uber does cover some liability for bodily injury of passengers that pays up to $1 million, but there is supplemental insurance that you will need to buy to be able to drive passengers around. Your personal insurance is not going to be enough.

How much it costs depends on the state where you live and what your current driving record is like. It ranges from $60 to up to $150 per month in most normal cases.

Wear and tear

You’re going to have an increase in maintenance when you are driving for Uber, but at least they don’t come at the beginning. You will only be adding wear and tear on the car when you are actually working so you do have money coming in.

Expect to have to rotate your tires more frequently and to have to change them more often as well. Then there are tune ups that come more frequently and filters that need to be changed.

Depending on how much you work, you could be adding tens of thousands of miles to your car which will shorten its lifespan.

Upgrades

To make more money as a driver you have to make sure that your car is looking top notch and that you offer some services to make the ride more enjoyable. If you have a nicely detailed car and offer snacks and water as a perk, then this is going to cost you some money when starting out.

Many drivers can create a regular clientele by offering these upgrades because people appreciate these extra touches. Although it costs money to provide these things, it pays for itself quickly in that people tip better and will request you as a driver.

4 Unique Ideas to Promote Your Business and Turn a Higher Profit

Most businesses rely heavily on clients or customers when it comes to their success. So, one of the main goals of a business should be to attract more potential clients. And, of course, the best way to do this, is to promote your business. Get people talking and get the word out there; the more people who know about your business, the better. With the marketing world being so competitive, there’s constant pressure to come up with new ideas. So, what do you do when you’ve done all the things you can think of – emails, pamphlets, TV advertisements? The answer is you start getting creative! We’ll be talking about some unique ideas to promote your business, which will help you turn a higher profit.

Social media

Promoting your business on social media is nothing new, but the way you go about it can be. Social media is a great way to promote your business, and it’s even more effective when you combine it with another promotional method. Ryan J. Gibbs recently used his Facebook to promote a scholarship. This is marketing on two levels. First, there’s the marketing of the business through Facebook. Secondly, there’s the marketing of the business by using a scholarship – scholarships are a great way to get more people interested in your business.

Giveaways

We’ve already established that social media places a huge role when it comes to marketing your business. The process is simple: the more followers your business has on social media, the more people are exposed to it, the more clients you get, and the more money you make. One way of getting people to follow you on social media is to host giveaways with prizes from your business. Usually, people wanting to enter the giveaway need to follow your social media accounts to be eligible. Giveaways usually lead to an upsurge in followers. This is especially a good way to get the word out there if you’re just starting a business.

Charity events and fundraisers

This may seem counterintuitive since you won’t be making money – it will be going to charity. In fact, you’ll likely be spending money, since you’ll have to arrange a venue and catering. But there’s no denying it – fundraisers are great when it comes to publicity. It doesn’t hurt that customers will probably rather support a business that supports charity than a business that doesn’t. Click here for tips on throwing a fundraising event.

Competitions

Many people confuse competitions with giveaways. While the two are similar – they both revolve around people entering something and standing a chance to win a prize – the main difference is that with giveaways, the winner is chosen at random, whereas with a competition, that isn’t so. Competitions are a great way to get people to interact with your business. They can share their favorite entries, or vote for the ones they think should win. It will also get people talking, and more people will want to know what the competition is about, meaning your business gets promoted. For example, we all know how important a logo is, so you could have a competition where people try to design a new logo for you, and the one with the most votes wins.