A Personal finance blog for saving money and earning more and thus having a better life
Can you save money by quit smoking? We often hear people arguing how cigarettes influence our financial situation in a negative manner. The habit itself has no real benefit to those who practice it, yet people spend thousands of dollars on tobacco product every year.
Cigarette addiction is one of the most difficult to break, and it seems as though monetary aspect is not doing its part in motivating smokers to quit.
Where do you go to get a loan? Before you even start planning for what you’ll do with such a loan, you need to answer that question. Can you trust online lenders? Do you even stand a chance at the local bank?
You can trust some online lenders, as small businesses and individuals use them all of the time. And your bank might be more willing to work with you than you think. Still, the key differences between online and in-house might make your decision for you.
Everybody has heard stories about people going from broke to millionaires through trading and investing. And everybody else wishes to duplicate that feat. Little they know that a transformation like that requires a mountain of change.
If you want to be successful in trading and investing, you should focus your attention on these five traits that are common to wealthy investors.
A ULIP plan is a unit linked insurance plan. A ULIP plan is a plan which combines two types of plans within one plan; it is a combination of an insurance plan and an investment plan. An individual who takes up the ULIP plan is the investor in the plan as well as the insurance policy holder because they will be getting the benefits of a comprehensive insurance cover as well as return on investments.
It is, basically, a two – in – one plan which gives twice the benefits for the hassle and price of one when compared to any other type of plans apart from an endowment plan, but the ULIP has an advantage over that too.The unit linked insurance plan has a high return on its investments and one can get a roundabout idea of it by using a ULIP calculator.
This post is towards Canadian readers. All of us want to improve our credit scores to borrow money at lower interest rate when we buy a home, refinance the home or buy our cars. One way to improve the score is by having credit cards and using them well. But to have a credit card you need to have a good credit score. It’s a vicious cycle, how to get approved for a credit card with bad credit?
Each financial decision you make has an impact on your credit score. In general, your credit score is a reflection of how well or how poor you manage your finances. In recent times I applied for 3 different credit cards, total 4 in this year alone. I got approved for all of them. I apply for cards in a bunch of 3-4 every 6 months. This ensures I get sign-up rewards and bonus constantly, they are free money.
Not many people know what a Trust Deed Scotland is, so let’s find out. A protected trust deed is a legal solution for those of you who are struggling with unsecured debt.
However, this is only available for people who live in Scotland, so if you’re in need of this type of solution and you’re from England or Wales, an Individual Voluntary Arrangement (IVA) or Debt Management Plan (DMP) is what you’re looking for.
A Trust Deed is what you choose instead of the Debt Arrangement Scheme (DAS) or Sequestration (Bankruptcy) in Scotland. It actually is an agreement between you and an IP (Insolvency Practitioner). The monthly payments are made over four years or longer. Also, keep in mind that any interest or fees are frozen at the date of commencement and that creditors should not contact you anymore. And, if you’re sticking to the terms of this agreement, they won’t be able to take any legal action against you for recovery of their money.
For many credit cards are instruments of destruction. This is as a result of years of credit card bashing perpetuated by financial experts in their bid to help their clients get off credit card induced debt.
The reality, however, is that credit cards are not the problem. In fact, the smartest consumers know that it is a good thing to be credit card lovers as long as they don’t carry a balance. When you don’t carry a balance, you won’t have to worry about accumulated interests and fees.
The key to wealth isn’t your primary source of income, it’s the growth of secondary income through side jobs.
Consider this: the typical person has one full-time job, which represents one source of income. Let’s name this typical person Phyllis. As long as she’s employed, Phyllis’s job serves as a stream of revenue. Yet, Phyllis has far more uses of income than sources of income. She has to pay for rent, utilities, groceries, insurance, etc. These add up fast.
These days there are all sorts of ways to make money online. One of the best ways to make money by blogging or posting videos is through affiliate marketing. In fact, one influencer made $7 million in retail sales in just a year.
But, before you can climb the ranks as a top notch affiliate marketer, you’ll need to understand the fundamentals of this type of marketing.