One Cent At A Time

A Personal finance blog to get rich

Archives for July 2021

Why You Should Include Gold In Your Investment Portfolio

1 Comment

Gold has a history that crosses countless borders and thousands of years. For these reasons and others, it’s respected globally. The first coins that contained gold date back to approximately 650 B.C. Around a century later, during King Croesus of Lydia’s reign, pure gold coins were made for the first time.

Why Investors Move to Gold And Silver During Recession

While many currencies of the past have faded away, gold is something that people continue to hold onto. Gold continues to be valued by modern economies, which is why it has held its worth. Gold is often treated as a form of financial insurance. This metal can be used in place of other currencies.

Continue Reading...

How to Make More Money and Grow Your Wealth

Leave a Comment

Having a “side hustle” is the latest thing Americans are doing to grow their personal wealth. For those who may not be familiar with the term, a side hustle is a means of making money in addition to your primary job.

7 Side Hustle Ideas To Make Money In 2021 

While this isn’t necessarily a new thing, the amount of people taking on multiple jobs has grown significantly. One reason for this is to substantially grow your wealth you need multiple streams of income coming in.

Continue Reading...

How to Maximize Your Tax Refund

Leave a Comment

According to the IRS, about 75% of filers got a tax refund the year before, and the typical direct deposit tax return was nearly $3,000. However, you may be wondering, “why is my refund so low?” or you may believe you have not received the tax result they anticipated last year, or they may be questioning if there are any additional tax incentives available to help offset the effects of 2020.

How to Maximize Your Tax Refund

Investing Tax refund

Here are several suggestions on how to max out the tax refund this year, regardless if you obtained the refund you earned, believe you might have gained more last year, or were influenced by the happenings of 2020.

Continue Reading...

The Value of a 100 oz Silver Bar 

Leave a Comment

Silver continues to be quite the investment win for many, not only because it is so affordable to build an additional position in, but also, silver continues to reward heavily with how much it can appreciate.

The Value of a 100 oz Silver Bar 

However, even with those benefits, physical silver can sometimes be a pain because of how many physical units are needed with typical investing. After all, one ounce of gold is the equivalent of 69 silver equivalents. That can start to take up some serious space after a while.

Continue Reading...

20 Investment Strategies for Beginners

9 Comments

When I first started earning money it was 2000, I was in India. I straight away jumped for direct stocks purchases, and within a year I lost half of it. Poor stock-picking coupled with the burst of the dot-com bubble were to blame. But, it taught me what not to do with money when you are a beginner. Since then I have committed many more mistakes, at the same time, I also did things that worked very well.

20 Investment Strategies For Beginers

A few of the mutual funds I bought between 2003 and 2005 got almost tripled their value before I sold them off. I had mentored people towards their first investing since then, A little disclaimer, I am not a financial expert and even I don’t take my advice for granted, always consult with someone you trust before taking any of the steps I mentioned below.

Continue Reading...

How to Manage an HR Department When There are Multiple Sites

Leave a Comment

Managing a Human Resources department is challenging at the best of times, but when the company is spread across multiple locations or sites, it’s even more difficult. It requires specific strategies and tools to resolve bottlenecks and prevent additional hassles just because people aren’t all under one roof. Here are our suggestions on how to manage multiple sites from an HR perspective.

THE MARKET OF INTERNATIONAL STUDENTS IN AUSTRALIA International students’ enrolment rates have been increasing since 1994 and peaked in 2019 with a total of 943,450 enrolments across higher education, secondary and early childhood education. 2020 has proved itself to be a hard year in the education industry, showing a 6.9% decrease in enrolments across all education sectors. Leading the trend was the sharp decrease of enrolments in English Language Courses (ELICOS). from 151,976 to 103,130. Seconded by the higher education sector which saw a 5% decrease of enrolments from 440,308 to 418,018. The decrease of enrolments was evident in between holidays, where it was the lowest between Queensland school holidays in April and May. Early childhood education The effects of a 5% decrease in higher education enrolments does not only affect the education industry itself, as international students contribute to the demand of accommodations, retail and hospitality as well as luxury goods. In 2019, universities reported a $9.8 billion revenue from international students, considering the total contribution of $40 billion was made to the Australian economy in the same year, it is not hard to see the domino effect that a small decrease from international students could have on the economy as a whole. The impacts were also amplified by the number of international student visa holders who are outside Australia, where 30% of international student visa holders are not in the country by the end of 2020 and the downtrend is expected to resonate in 2021. Combined with the decreasing enrolment rates, the 40-billion-dollar pie shared by Australian businesses from retail to real estate is expected to shrink as new enrolments from international students continue to fall, and enrolled students continue to leave. The theme observed from various international student groups in Australia seems to indicate that their decision was influenced by a combination of factors. Some students have been in Australia since the start of 2019 and the uncertainty of when the borders will open have pushed some students to return back to their countries as attending online classes while living in Australia does not seem to be the most economical choice, where students are paying for rent, utilities and other living expenses. While others were frustrated that they could not return to Australia since the borders were closed to international students. Perhaps one of the factors that can be quantified more easily is the increasing tuition fees that universities are charging towards international students despite the classes being online and campuses closed off to students. From 2016 to 2019, the tuition fee for international students have surged over 18% which is over 350% of the inflation rate in the same period. This seems to concur with the plain definition of s 49 - price discrimination in the Trade Practices Act introduced in 1974, although the provision was repealed by the Competition Policy Reform Act in 1995 in 1995; the argument that international students should pay more largely because they don’t pay Australia taxes which contribute to universities. This argument would be valid if education was free and subsidised largely by Australian taxes, however as Australian universities are not free and the fact that international students do pay tax on their income, food and even a textbook; the argument that international students don’t pay taxes seem to be far fetched and flawed. Like any other markets, the education industry is prone to ups and downs. The education industry standing at the third biggest export of Australia proves that there is no dispute that there is still a strong demand for Australian education, but when the practices of universities are largely based on economic motives paired with the downtrend of international demand and public policy made without concern for international students despite their significant contribution; it is setting the stage for the downfall of the industry and the wellbeing of the economy and reputation that Australia currently holds as a whole.

Share Files Successfully Between Offices and Locations

HR staff and others require a way to access company documents whatever location they’re presently located at. Certainly, when HR staff are meeting prospective employees and touring a facility with them, they need to have the option to access company data from their smartphone, tablet, or a free PC. Using secure file sharing solutions for the construction industry (or other industries too) is perfect for this. Secure access to company information is critical to avoid needing to download it to a tablet or PC before heading to the site. Data is also more secure this way too.

Continue Reading...

3 Tips for Effective Retirement Planning

Leave a Comment

No matter how much we try and fight it, the aging process happens to us all. Before you know it, your golden years are looming. Like with any new chapter in life, preparing for the road ahead will ensure you’re financially and emotionally ready for what’s to come.

3 Tips for Effective Retirement Planning

If you’re about to enter your 60s, getting everything in order will allow you to enjoy a happy and fulfilling retirement.

Continue Reading...

Different Ways to Finance a New Roof

1 Comment

It;’s summer and here in south Florida, the constant barrage of rains started pouring in almost every day. And to our dreaded expectation, our roof started leaking again! We had leaks in 2016 and 2018. They charge $1,000 per leak, to repair – on average. Fortunately this time the leak is over the back patio. We have some time to think about a new roof (our roof is 1992 built). We are thinking about different ways to finance our new roof.

Different Ways to Finance a New Roof

We may be stating the obvious, but replacing your roof is an expensive endeavor. It can cost $15,000 or more, so paying for it out-of-pocket would simply not be an option for many homeowners. We live in a large single stories house, the roof replacement cost should run to more than $25,000.

Continue Reading...

Top 10 Forex Brokers To Consider in 2021

Leave a Comment

Trillions of dollars are moving around the world 24*7, rendering the foreign exchange markets the most active in the world. As brokers consistently let traders borrow significantly to support their speculations, fortunes can either be earned or lost pretty quickly.

Top 10 Forex Brokers To Consider in 2021

If you want to get in on the action, you have to get a broker who deals in currencies, as many of the top names in stock trading simply do not provide this service. Because the markets are so diverse, you also might have to examine a forex broker before getting in the field with it. 

Continue Reading...

5 Ways to Make Your Commute More Productive

1 Comment

Whether you are cycling, walking, hopping on public transport or simply driving down for a drive, the commute can be a major part of your daily routine. While some people like to zone out, others like to use this time productively.

5 Ways to Make Your Commute More Productive

I spent on average 30 mins each way every weekday. Mostly I listen to NPR radio. occasionally I listen to songs, especially when NPR runs their fundraising campaigns. Some times I call my parents back in India while driving.

Continue Reading...

Subscribe via Email

Site Disclaimer

Disclosure of Material Connection: Some of the links in this web site are “affiliate links.” This means if you click on the link and purchase the item, I will receive an affiliate commission. Regardless, I only recommend products or services I use personally and believe will add value to my readers. I am disclosing this in accordance with the Federal Trade Commission’s 16 CFR, Part 255: “Guides Concerning the Use of Endorsements and Testimonials in Advertising.”
Read full Affiliate disclosure


One Cent at a Time is published by SB. The opinions expressed herein by him are his own and not those of his employer or anyone else. All content on One Cent at a Time is for entertainment purposes only. By reading this blog, you agree that SB and/or One Cent at a Time is not responsible for any actions taken after reading this blog. For the full disclaimer, click here .

Major Media Mention

One Cent at a Time Media Appearances