Listicle 7 Retirement Planning Mistakes You Don't Notice Until It's Too Late 5:53 PM Avoid these seven retirement mistakes that can drain your savings and health. TL;DR/Quick Overview: Not planning, starting too late, skipping preventive care, assuming costs fall, and relying on Social Security alone are retirement mistakes most people don't realize they're doing. Start now, pick the right 401(k)/IRA with employer matches, budget for longer lifespans and real-world spending, and build buffers for medical shocks, scams, and policy hiccups. Key Takeaways: Retirement MistakesStart early and diversify your accounts. Automate contributions, capture your employer match, and choose the right vehicle for your situation (401(k), IRA, or Solo 401(k)/SEP if self-employed). Prioritize preventive health. Schedule annual physicals, blood tests, and vaccines; support mental health; move regularly, eat intentionally, and improve sleep. Plan for longevity, real spending, and emergencies. Maintain a robust emergency fund, add fraud/identity-theft safeguards and a trusted support network, and consider insurance where appropriate.Most people make critical retirement planning mistakes without realizing it until their savings fall short. These seven costly errors, from delaying contributions to underestimating healthcare costs, can derail your financial security in retirement.You don't need to be a financial expert to avoid these pitfalls, but you do need to start planning now. The earlier you begin and the more strategic your approach, the better your chances of a comfortable retirement.7 Retirement Planning Mistakes to Avoid Before It's Too LateDelaying your savingsNeglecting physical and mental healthNot knowing your savings optionsUnderestimating your lifespanAssuming retirement means spending lessNot expecting emergenciesRelying on social security1. Delaying Your SavingsDelaying retirement savings is the biggest mistake you can make. It costs more than any other error due to lost compound growth.Why is starting early so important for retirement?Time amplifies your money through compound interest. For example, a 25-year-old saving $200 monthly will have $525,000 at retirement, while a 35-year-old saving the same amount will only have $246,000.What's the minimum you should save for retirement?Start with any amount you can afford, even $25 monthly. The key is consistency and gradual increases over time.How do you maximize employer retirement benefits?Always capture the full employer match first. If your company matches 4% of your salary, contribute at least 4% to your 401(k). It's an immediate 100% return on investment.What's the best retirement account if I'm self-employed vs working for a company?Employed workers: 401(k) with employer match, then Roth or traditional IRASelf-employed: Solo 401(k) or SEP-IRA for higher contribution limitsFreelancers: Traditional or Roth IRA, plus taxable investment accountsWhat's the easiest way to automatically save for retirement?Set up automatic contributions from each paycheck. Use target-date funds for hands-off investing that automatically adjusts your portfolio as you approach retirement.Is it too late to start saving for retirement if I'm in my 40s?No, it's not. Start immediately with whatever you can afford. Increase contributions by 1% annually, direct tax refunds and bonuses to retirement accounts, and maintain separate emergency savings to avoid early withdrawals.2. Neglecting Your Physical and Mental HealthPoor health in retirement can drain your savings faster than market crashes. Preventive care costs far less than emergency treatments and extends your quality of life when you need your money to last.How much will healthcare cost me in retirement?Healthcare expenses are the leading cause of retirement bankruptcy. Preventive care reduces long-term costs and helps you enjoy the retirement you've saved for.How to stay healthy and save money in retirement?Here are preventive health steps you should take before retirement:Annual preventive care:Schedule yearly physical exams and blood testsStay current with vaccinations and health screeningsGet regular eye and dental checkupsEstablish care with specialists if neededMental health maintenance:Build relationships with therapists or counselors before crises occurDevelop stress management and coping strategiesCreate strong social support networksWhat's the best way to stay healthy after I retire?Daily health habits that protect your savings:Exercise 30 minutes daily to prevent costly chronic diseasesEat nutrient-dense foods and control portions to avoid diabetes and heart diseaseGet 7-9 hours of quality sleep to support cognitive functionStay socially active to prevent depression and isolationWhat health insurance do I need when I retire?Research Medicare supplements, long-term care insurance, and Health Savings Account (HSA) strategies. HSAs offer triple tax benefits and can cover healthcare costs tax-free in retirement.3. Not Knowing Your Savings OptionsConfusion about retirement account types causes people to delay saving for years, costing thousands in potential growth. Choose a basic option now rather than waiting for the "perfect" plan.What's the difference between a 401(k) and an IRA?401(k) through your employer:Higher contribution limits ($23,000 in 2024, $30,500 if 50+)Often includes employer matching (free money)Limited investment options are chosen by your companyIRA (Individual Retirement Account):Lower contribution limits ($7,000 in 2024, $8,000 if 50+)More investment choices and provider optionsAvailable even without employer plansShould I choose traditional or Roth retirement accounts?Traditional accounts: Tax deduction now, pay taxes when you withdraw in retirement. Best if you expect to be in a lower tax bracket later.Roth accounts: Pay taxes now, tax-free withdrawals in retirement. Best if you're young or expect higher taxes later.What's the best retirement account if I'm self-employed?Solo 401(k): Highest contribution limits, up to $69,000 in 2024SEP-IRA: Simpler setup, contribute up to 25% of incomeSimple IRA: Good for small businesses with employeesHow do I choose the right retirement plan for me?Start with your employer's 401(k) if they offer matching. Then add an IRA for more investment options. Don't overthink it. The best plan is the one you'll actually use consistently.4. Underestimating Your LifespanPlanning for a 15-year retirement when you might live 25+ years is a recipe for running out of money. The average 65-year-old will live to 85, but 25% will live past 90.How long should I plan for retirement to last?Plan for at least 30 years in retirement. If you retire at 65, assume you'll live to 95 to be safe. It's better to have money left over than to run out.How much money do I need if I live to 100?Use the 4% withdrawal rule as a starting point: If you need $50,000 yearly, aim for $1.25 million saved. Add a 20% buffer for longevity—so $1.5 million total.What happens if I outlive my retirement savings?You'll likely depend on Social Security alone, which averages only $1,907 monthly in 2024. This forces difficult choices like moving in with family or significantly reducing your lifestyle.How do I plan for a longer retirement?Save an extra 10-20% beyond your target amount, consider delaying retirement by 2-3 years, and choose investment strategies that provide growth even in retirement.5. Assuming Retirement Means Spending LessMost retirees spend the same or more in their first decade of retirement, especially on healthcare, travel, and leisure activities they couldn't afford while working.Do you spend less money in retirement?No. While some costs disappear (commuting, work clothes), new expenses emerge. Healthcare costs rise significantly, and many retirees increase spending on travel, dining, and hobbies.What costs more in retirement than people expect?Healthcare expenses: Medicare doesn't cover everything. Expect $300,000+ in out-of-pocket medical costs during retirement.Housing costs: Property taxes, maintenance, and utilities continue. Assisted living averages $4,500+ monthly.Lifestyle inflation: More time often means more spending on entertainment, travel, and dining out.How much should I budget for retirement expenses?Plan to replace 70-90% of your pre-retirement income. If you earned $75,000 annually, budget for $52,500-$67,500 yearly in retirement.What's the biggest expense surprise in retirement?Long-term care costs. Assisted living averages $54,000 annually, while nursing homes cost $108,000+ per year. Only 37% of these costs are covered by insurance.6. Not Expecting EmergenciesRetirees face a perfect storm of risks: declining health, cognitive changes, and increased vulnerability to scams, all while living on fixed incomes with less time to recover financially.What emergencies should I prepare for in retirement?Health emergencies: Heart attacks, strokes, and cancer become more common after 65. A major illness can cost $50,000+ even with insurance.Cognitive decline: 1 in 9 people over 65 develops Alzheimer's. This affects financial decision-making and increases care costs.Financial scams: Seniors lose $3 billion annually to fraud. Romance scams and fake investment schemes target retirees specifically.How much should I save for retirement emergencies?Maintain 6-12 months of expenses in easily accessible accounts, separate from your main retirement investments. This prevents forced withdrawals during market downturns.How do I protect myself from financial scams in retirement?Set up account alerts for transactions over $500, designate a trusted contact with your financial institutions, and never make financial decisions under pressure. If someone rushes you, it's likely a scam.What's the best way to prepare for health emergencies?Consider long-term care insurance in your 50s-60s when you're still healthy. Create advance directives and establish relationships with healthcare providers before you need them.Elder abuse is a growing concern in both medical homes and in-home caretakers. Not only are these emergencies financially devastating in many ways, but they can also have a profoundly negative impact on one's well-being. Account for emergencies financially in your retirement plan by adding a significant buffer on top of what you're planning for. Develop a strong support system, including mental health support, to help navigate major family emergencies and common life events.7. Relying on Social SecurityWhile Social Security can help pay for expenses during retirement, you don't want to rely on it for your income solely. Current beneficiaries of Social Security payments don't receive enough to cover the average cost of living in most areas. There's no guarantee that you won't encounter delays, errors, or denials of Social Security payments due to government error or policy changes. Ensure you have a comprehensive savings plan with multiple sources of income.Video: Most Costly Retirement Planning MistakesFinancial advisor Danny Sully breaks down the most costly retirement planning mistakes in this short video. Quick Summary: 7 Retirement Planning Mistakes to AvoidAvoiding these seven retirement mistakes can save you hundreds of thousands of dollars. The most critical action is starting immediately - delaying retirement savings costs more than any other mistake due to lost compound growth.Your next steps:Start now: Contribute to your employer's 401(k) for matching funds, then open an IRASave enough: Target 15% of income and plan for 30 years of retirement expenses Protect your health: Schedule preventive care to avoid $300,000+ in retirement healthcare costsPrepare for emergencies: Maintain 6-12 months of expenses in accessible accountsDon't rely on Social Security alone: It only replaces 40% of pre-retirement incomeBottom line: You don't need perfect knowledge to start. You need consistent action. Whether you're 25 or 55, beginning today with any amount will dramatically improve your financial security in retirement.FAQs: Retirement Planning MistakesWhat is the $1000 a month rule for retirement? For every $1,000 in monthly retirement income you want, save $240,000 (based on a 5% annual withdrawal rate). What are the three biggest mistakes when it comes to retirement planning? Hiring the wrong financial advisor, procrastinating on saving, and failing to plan for unpredictable expenses are the three biggest retirement planning mistakes you can make. What is the biggest retirement regret?76% of retirees report their top regret is not saving enough money consistently. How many retirees have $1,000,000? Only 3.2% of retirees have $1 million or more in their retirement accounts, according to Investopia. What is the golden rule of retirement planning?The golden rule of retirement planning is to build your retirement plan based on three L's: lifetime incomeliquid savingslegacy while lowering risk and taxes. At what age is it best to take Social Security? Age 70 provides maximum benefits up to 76% higher than claiming your Social Security at 62, but it depends on your health and financial needs. What not to do with retirement money? Never cash out early, take loans from retirement accounts, or withdraw during market downturns. These retirement mistakes cause permanent damage to your savings. Avoid claiming Social Security before full retirement age unless absolutely necessary.Don't invest too conservatively, or you won't beat inflationNever fall for investment scams targeting seniorsHow are you planning for your retirement?
Listicle Søk Forbrukslån Lav Rente: Finding the Right Consumer Loan for You 3:19 AM Consumer loans are a highly convenient form of financing that allows people to buy expensive things they couldn't afford with their yearly income.These loans are lending products typically available through banks, credit unions, and online lenders. Here is an introduction to their features, benefits, and ways they can help build long-term wealth. Home Equity Loan Equity is the difference between the current market value of the property and the outstanding balance on the mortgage loan. Home equity loans allow homeowners to borrow money using the equity they have accumulated in their homes. It can either be a home equity line of credit (HELOC) or a fixed-rate loan product.This loan can be ideal for financing significant expenses like medical procedures, debt consolidation, or your child's college education. How Does a Home Equity Loan Work?Lenders will give you a credit limit to use for a set amount of time before you can access your line of credit. After which, your balance will return to zero, and payments must be made within specified timelines. Most home equity lines of credit have drawn periods lasting 5-10 years before switching over into repayment mode. Pros of Home Equity LoanHome equity loans are easier for borrowers than other consumer loan products because they use your home as collateral. HELOCs, similar to credit cards, allow homeowners to access the equity in their home through variable interest rate borrowing. Con of Home Equity LoanFailing to make total payments may result in your house being used as collateral, potentially leading to foreclosure. Car Loan Car loans (also referred to as auto loans or automobile financing) allow you to buy either a new or pre-owned car by borrowing money from lenders. How Does a Car Loan Work?An application for a loan should include information regarding employment, income, and spending habits. Lenders will then review your credit report to evaluate your financial history and debts to assess eligibility.Sometimes, cosigners may be needed if your credit is inadequate to secure the loan. Lenders will ask you to pay a minimum of 20% of the car's total cost as a down payment. You can pay this amount in cash or by trading in another vehicle. By doing this, the amount of financing required for a loan will decrease, resulting in shorter loan terms and lower monthly payments.Lenders typically provide various loan terms and rates, which affect the amount you pay per month. Extending your loan term could reduce monthly payments but increase overall interest payments. Use our loan comparison calculator to explore all potential scenarios.Pros of Car LoansYou can repay the loan in monthly installments throughout the term, and interest charges will accumulate on the borrowed amount. A higher credit score can make you eligible for reduced interest rates, resulting in significant savings.Loans can be obtained through lenders like banks and credit unions or online. Some dealers offer in-house financing, which might help expedite this process but may not provide the best rates available.Car loans can be an invaluable aid for those unable to purchase vehicles outright but are also unable to meet all their payment obligations at once. Con of Car LoansAs with personal loans, car loans are unsecured. Lenders may seize any of your assets if your repayments become delinquent. You must carefully weigh the benefits against your spending capacity and long-term financial goals before entering into an auto loan agreement. Be sure to read it thoroughly so you're familiar with its terms and conditions. Revolving Credit Line Revolving lines of credit are business financing solutions typically offered by banks and alternative lenders. Much like credit cards, they allow more flexible spending to finance expenses and opportunities that arise. It may either be secured or unsecured. Secured lines typically require collateral, such as assets or personal guarantees from their borrowers, while unsecured lines do not. Both offer benefits to small businesses by quickly giving them access to cash with lower interest rates explicitly tailored for them and flexible repayment terms tailored around them. How Does Revolving Credit Line Work?People with good credit scores are usually the only ones who can get revolving lines of credit. Lenders want to ensure borrowers can pay their debt in full or with minimum monthly payments. Lenders may also consider your debt-to-income ratio when setting limits and terms for your revolving line of credit. Revolving lines of credit connect directly to a business's bank account via electronic transfer and are readily available 24/7. Whenever someone borrows money from their credit line, they must pay back the amount drawn before the end of each billing cycle. Failure to do so will result in the amount rolling over to the following process, accruing additional interest. Pros of Revolving Credit Line Revolving lines can help finance seasonal expenses, unexpected costs, and growth opportunities without lengthy application or approval processes. This financing is a popular choice among small businesses as it can help improve a company's credit score over time with responsible usage and repayment.Revolving lines of credit offers greater flexibility than traditional loans that may restrict purchases to specific items or times. Business owners can buy anything they want if they stay within their spending limit and pay off their monthly balance. Personal Loan Personal loans provide borrowers with an option to borrow money for various purposes. According to this site - forbrukslånlavrente.com/, this can be anything from covering expenses like costly car repairs or major household appliances to repaying debts with high-interest rates like credit card balances.How Does a Personal Loan Work?Similar to other forms of consumer debt, these personal loans require monthly payments that help manage finances more effectively than revolving credit lines do. Personal loans require a long-term financial commitment that may be challenging for those whose income fluctuates frequently. It can be found through banks and online lenders - the possibilities are virtually endless. Try using free comparison features across the web to quickly identify offers that best suit your needs - typically, good credit is needed to qualify for the lowest personal loan rates. Pros of Personal Loan Their fixed rates stabilize your budgeting and future savings strategies by guaranteeing consistent monthly payments even as your income decreases. You can combine your debts into a single loan with a lower interest rate. This can save you money and make it easier to pay each month. This could reduce stress by simplifying your life with one lower payment obligation each month.Stay motivated and pay off your loans.Sometimes it's necessary to take out a loan, and that's okay. Just remember to stay motivated and be a responsible borrower. Here are 10 helpful tips from Rachel Cruze to keep you going while getting out of debt:Have you ever considered seeking financial assistance? Which consumer loan option do you think would be most suitable for you?
Listicle 7 Advantages Of Buying Cheap Everyday Products 3:13 AM 7 Advantages Of Buying Cheap Everyday Products Shoppers are presented with endless options for everyday products all the time. Some products are priced cheaply, expensively, or somewhere in between. But one common misconception is that cheaper products are lesser options.Cheap products are priced as so for various reasons, such as:quality mattersmarket competitionbrand pricing strategyaggressive salespromotionsThe point is that just because a product is priced cheaply doesn't necessarily mean it's less valuable than a more expensively priced item. On the contrary, buying cheap everyday products over their expensive counterparts has advantages.Advantage #1 - You spend less money The bottom line is if you buy cheaper products, you'll ultimately spend less money shopping. And this can be a massive benefit for people on a budget because it creates a trickle effect.Advantage #2 - You save more money If you spend less, then you can save more! And not only does a nice amount of savings give you peace of mind and security, but it could also be used to make a larger purchase down the road, such as buying a car or your dream home.Plus, although purchasing cheaper everyday products might not seem like it will allow you to save considerable funds immediately, every penny counts. So a small amount can add up in the long run.Advantage #3 - You can spend on other things Another considerable advantage of spending less on everyday purchases is that you'll free up money for other things you want but cannot currently afford. Things like more clothes or a new phone upgrade.Even something less practical, like a much-needed spa day, could suddenly be within reach if you cut down on the amount you spend on your regular shopping.Advantage #4 - You can shop more frequentlyHave you ever spent too much on your last store run that you can't afford to go next time you need to make more purchases? You don't have to scrimp and save, frantically trying to get that last toothpaste out of the tube.Not if you choose less expensive options when shopping. Because it will allow you to have enough money put back to go shopping whenever you need, rather than waiting until you can recoup the extra money you spent last time.Advantage #5 - It will improve your money management skills Practice makes perfect in life and money management. So, you're flexing your money management muscles by consciously finding cheaper alternatives to your everyday products. The more you do this, the easier budgeting will be for you. In addition, this will help you see the benefits of budgeting in other aspects outside of everyday shopping.Advantage #6 - It will help you become less obsessed with fancy brands One of the many advantages of spending less on everyday shopping is that you'll pass on signature products more often to purchase the cheaper options. However, you'll realize that a brand name doesn't mean everything.This is a big deal because people are putting more importance on brands, especially in this influencer marketing era. In most cases, a brand name increases the price of an otherwise average item.You'd be surprised at how many cheap products can compete with expensive ones qualitywise.Advantage #7 - It will reduce and eradicate your debt Your shopping habits might have contributed to your credit card debt. Therefore, spending less on shopping can also help undo the damage. Over time, the extra money you're getting to keep by choosing cheaper options at the store will chip away at your debts. Don't underestimate the effect of small changes!Pros of Buying Cheap Everyday ProductsIt seems like a minor adjustment, but choosing cheaper options at the store can positively change your life and financial situation! Remember, you don't have to replace all your every products to see a difference. If you discover that a cheaply priced product is poorly made after testing, you no longer have to repurchase it. These are only a few advantages of a more mindful purchasing habit, but hopefully, they convinced you to give shopping on the cheap a try.
Wealth and Money What Is A Credit Card And What Are The Benefits? 9:48 AM What Is A Credit card And What Are The Benefits What is a credit card, and what are the benefits?A credit card is a financial tool that enables you to borrow money to make purchases.Credit cards can be highly beneficial, allowing people to buy large sums they may not be able to afford otherwise. However, credit cards could be dangerous if misused, as they can lead to debt and financial problems. Credit cards help manage your finances and make purchases when used responsibly. What about credit cards with cashback?Some credit cards offer cash-back rewards, meaning you will earn a certain percentage of your purchase back in cash. Cashback can be an excellent way to save money when shopping, as you will effectively get a discount on everything you buy.Cash-back credit cards typically have higher interest rates than other types of credit cards, so paying your balance in full monthly is critical to avoid paying interest. Numerous different types of credit cards are available, each with its benefits and drawbacks. Researching to find the best credit card for your needs is crucial. Many websites offer comparisons of different credit cards, so you can easily find one that suits your needs.To summarize:Credit cards can be immensely beneficial if used responsibly.Some credit cards offer cash-back rewards, which can help you save money on purchases.Paying your balance in full each month is vital to avoid paying interest. Is credit card popular outside the US? Credit cards are popular in many countries outside of the United States. In Norway, credit cards are commonly used for everyday purchases such as groceries and gas.In addition, many Norwegian credit cards offer cash-back rewards, which can be a great way to save money on daily expenses.Again, research is essential in finding the best credit card for your needs, as various options are available.In Norway, people prefer a credit card they can receive on the same day. This means you apply for a credit card, and you receive the card within 24 hours.In Norwegian, they call this kredittkort på dagen. One of Norway's most popular credit card functions is a credit card with cashback, or kredittkort med cashback, as they call it in Norway. Final ThoughtsCredit cards are a great way of saving money the smart way. What credit card do you have, and why do you like it? What are the benefits you can get from it?
Business What Is A Kredittkort & How To Choose One 2:53 AM What Is A Kredittkort and How To Choose One People have been using different payment methods way before cash was invented. To this day, money continues to be the main mode of payment. But wouldn’t it be more convenient and safer to not carry cash around all the time and still be able to pay for goods and services? Thankfully, there are credit cards. If you’re still on the fence about getting one, here’s to help educate you about what a credit card is and how to choose one wisely. What Is a Kredittkort & How to Choose One If you’re new to the world of credit cards, you may have many questions right now.What is a credit card, or hva er kredittkort? How does it work? Is kredittkort good for me? How should I choose one? Some technical terms and processes may be confusing, and it’s normal to want to clarify things before you jump in and decide to get a kredittkort. With all the options, perks, and promises you see, it could be challenging to pick the right one for you. What exactly is a Kredittkort? A kredittkort is a financial tool that allows you to pay for goods and services based on your accumulated debt. You will receive a line of credit from the issuer. You can borrow that money to pay merchants or use it as a cash advance. When you make any payments with credit cards, you accrue a balance that has to be paid at the end of the month. Late payments can result in additional charges and penalties. For a more thorough explanation, visit this page: https://www.bankrate.com/glossary/c/credit-card/.How can you use the credit card to your advantage? Using a credit card responsibly can help you build a good credit score, which is crucial if you need to process loans in the future. Pay on time and pay the full amount whenever possible.How do you choose the right Kredittkort for you? Now that you have a basic understanding of credit cards, penalties, and credit lines, it’s time to select the best one for you. Here are three factors to consider in choosing a kredittkort: Issuer. Choose the best issuer. Assess which of the market companies has a good reputation, has many years of experience, and what features they offer. Features. Do you want a credit card that can help you build credit? Do you need to save on interest? Would you like to earn some rewards or mile points? Annual fees. These fees play a major role in deciding which credit card is best for you. Annual fees vary depending on the issuer. You’ll find more useful tips on this site about choosing the right kredittkort.After considering all these factors and doing your research, all that’s left to do is apply for the kredittkort. You can apply online or submit your application to the credit card issuer. Pick a kredittkort that suits your lifestyle, budget, and preferences. Select one that can bring you more value. Gather all the information you need, find a company that you can trust, and choose the kredittkort that is right for you. Image
Holiday 7 Simple Steps To Save Money During The Holidays 1:45 PM 7 Simple Steps To Save Money During The Holidays It's the most wonderful...and most expensive time of the year. Gathering with your loved ones to celebrate the holidays is nice, but gift-giving could hurt your budget if you're not careful. You can stay frugal without becoming the Grinch. Here are seven simple steps to save money during the holidays.1. Make a list and check it twiceBe like Santa. Make a list and check it not to find out who's naughty or nice but to see how much you'll spend on presents.Write the name of the recipients in one column, the gift options you're getting them in another, and the price. Having more than one gift option is good, so you have a backup in case one item is unavailable or more expensive than expected. 2. Start early When is the best time to start your Christmas shopping? As early as you can. Luckily for most of us, some online stores have a monthly sale. No need to wait for significant holiday sales to start buying Christmas presents. This helps you avoid the Christmas rush. If you are in a hurry, chances are you will be unable to think clearly and spend more than you planned.I usually start in August. How about you? 3. Recycle giftsIt's not as bad as you think. Recycling gifts is a practical and sustainable way to celebrate the holiday.For example, my friend gave me a coin purse on my birthday. After a year of sitting in my closet and accumulating dust, I gave it to my other friend, who's not connected with her.Rather than hoard items you don't use, give them away. Be bold and recycle gifts. It is yours to give anyway. 4. Use coupons or vouchers Make use of coupons, gift checks, certificates, or vouchers. They're there to make your shopping life better. You can use them to buy gifts or give them as gifts. It is a practical and thoughtful present, especially for those with everything they need. Or for moms who'd love to buy some groceries or items for the house instead. 5. Shop online Online shopping helps you avoid long lines at stores. You save time and effort going outside to buy, and the options are endless. The items get delivered to your doorsteps. You practically don't have to leave the house. Buy gifts that give back to the community, the environment, and yourself from Human Nature Lucky Shop. 6. Volunteer Give your time, talent, and treasure to those who can't repay you. But when you host a banquet, invite the poor, the crippled, the lame, and the blind, and you will be blessed. Since they cannot repay you, you will be repaid at the resurrection of the righteous. -Luke 14:13-14Many charity works are being done in the communities during the holiday. Lend a helping hand.7. Give a DIY giftA gift that's not only picked out at the store but was given a lot of time planning and creating is the best! Make your own Christmas card.Create a photo album or scrapbook of memories you have with the recipient.Give them a DIY sugar scrub, bath bomb, or body butter.Cook something. Christmas is the season of giving and giving is rewarding. Whatever happens, know that God can never be outdone in generosity.Remember that you can enjoy and show your love this Christmas without overspending. Do you have money-saving tips for the holidays? Hero image
Books Book Recommendation: The Turtle Always Wins By Bo Sanchez 4:38 AM We've heard of the fable about the tortoise- and, in some versions, the turtle- and the hare. This simple story shows us what humility, patience, and perseverance can do. The Turtle Always Wins by Bo Sanchez teaches us that we can build wealth and also win in the race of life by applying the principles we learned from this famous children's book.This post contains affiliate links, so we'd get a commission if you purchase through the links at no additional cost.Book Rating ⭐⭐⭐⭐⭐The Turtle Always Wins by Bo Sanchez Book ReviewWhen it comes to living simply yet abundantly, Bo Sanchez can indeed preach. He's living it. In his book, The Turtle Always Wins, Bro Bo explains how long-term investment in the stock market is the best way to build wealth. If someone with a love-hate relationship with numbers like me can easily understand this book and start investing, you can, too.The Turtle Always Wins will teach you that true wealth can be achieved using the Turtle Strategy. You can reach financial success through:strategic planningplanting seeds and caring for them regularlywaiting patientlystaying calm during a crisis consistently doing the "boring" work The Turtle Always Wins by Bo Sanchez is more than just a financial book that aims to help those with zero to limited investment knowledge. It's also about having the right attitude to win in the race of life.This book is NOT for you if...You're a trader and an aggressive investor who wants to get rich quickly, regardless of the high risk.This book is for you if...You want a slow, steady, sure way of building wealth through time. The slow turtle winning the race over the fast hare is an excellent reminder of Ecclesiastes 9:11:The fastest runner doesn't always win the race, and the strongest warrior doesn't always win the battle. The wise sometimes go hungry, and the skillful are not necessarily wealthy. And those who are educated don't always lead successful lives. It is all decided by chance, by being in the right place at the right time.The Truly Rich ClubInvesting slowly but surely is the principle we follow in the Truly Rich Club. It was founded by Bo Sanchez with the mission to help good people become rich- truly rich. So you'll not just be financially wealthy but also spiritually well-nourished. What is your approach when it comes to investing? Are you a more aggressive hare or a conservative "slowly but surely" turtle-style type? Why You Should Read The Turtle Always WinsBo Sanchez's book The Turtle Always Wins is an inspiring guide to building wealth and success in all aspects of life. Get it FREE with Kindle Unlimited.
Freelancing Freelancing: The Best Decision I Ever Made 7:11 AM I'll be celebrating my 5th anniversary as a full-time freelancer this year. 🥳 I gotta say, freelancing has been the best decision I ever made career-wise.Freelancing: The Best Decision I Ever MadePre-freelancing lifeFor those who don't know, I'm a licensed pharmacist. But, I've always known my heart is in writing. When I was in college, I thought I'd work in a hospital, put up my own drugstore and maybe even have a few branches in different cities. Or franchise an already established pharmacy...and live happily ever after.But, things don't always work out the way we planned.I worked in a hospital and drugstore but putting up my own pharmacy didn't come to pass.One day I realized mixing and dispensing drugs weren't the things I wanted to do all my life.I really tried, but the heart wants what it wants. We heart itOne day, I passed by a BPO company and thought, "Well, why not?"I went in and applied. By the end of the day, I got a new job.A part-time freelancer's strugglesWhile working graveyard shifts in my new career, I found an opportunity to work online. It was an excellent way to get my foot inside the door of the freelancing world.But, it wasn't enough.I was underpaid, plus working at night was exhausting. I could barely function to work on my online tasks by the end of the shift.So, I quit and focused on my regular job.Villains of my freelancing story: Fear and ContentmentTwo things were stopping me from focusing on freelancing: my fear of uncertainty (I had zero ideas about freelancing back then) andthe contentment and security a regular job offers.I was at peace knowing I would get a certain amount of money by the end of the month.Change saved the dayAfter I transferred to a different company, I had a prodding to find an online gig again.My job then actually pays me more than the previous ones.The task was more difficult, but I was having fun.I enjoyed learning things, took advantage of the free training they offered, and liked where I was at that point in my life.I was more confident, independent, and, dare I say it---I was, bolder in making decisions.That's a totally different story, though.GiphyBack to freelancing's armsBefore I decided to freelance full-time five years ago, I had a lot of apprehension.What if it won't work, and I'll be out of money in no time?What if I can't do it? There's no one to ask. What if they won't pay me?I wasn't happy with my work anymore, though. I knew it was time to bid the traditional office setting goodbye.My will to find better opportunities was stronger than my fear.So, even though I was afraid, I decided to own it.TenorMan, it was terrifying. And tough at the start.The first few months of working online full-time were terrifying but liberating.I left the comfort and security of my job in one of Forbes' Fortune 500 companies. I made do with what little knowledge I had about freelancing.I made Google and YouTube, my teachers.I did what I could to survive.But surviving is not what I came here for. I believe God put me here to do great things.Freelancing in the time of C O V I DI knew there was more to accepting what cheapskate clients were giving me.Getting paid just enough to cover my bills and my necessities beat the purpose of leaving the corporate world.I always knew I wasn't born just to work, pay my bills, and die.There's more to life than keeping your nose to the grindstone.If this C OVID has taught me one thing (or validated what I already know), it's that nothing's sure in this world.You can lose the normal you know in an instant. Heck, our global economy was crashed by an unseen enemy.But...Like anything in life, the change could be challenging, but we learn to adapt. It's human nature. 💪Some changes are forced upon us, others we decide for ourselves.Freelancing is one of the best decisions I made. I found a gig as a content writer and haven't looked back since.Though it wasn't always easy, the past year has been the best because of this guy named John R Pagulayan.If there's one thing I can advise my younger self about freelancing, there are better, higher-paying clients.And I'd say:Younger self, go find John now, so you don't waste your time and energy with these cheapskate clients!I can't teach you how to become a freelancer, but the great news is that my coach John Pagulayan is about to hold a FREE Workshop, and I highly recommend you join because he's done a LOT to change my mindset and the way I treat my freelancing business.He's going to share how CO VID accidentally created 6-figure earners and how anyone can do it, too, even if you have✔️ no experience✔️ no skills✔️ no prior credentialsThis can also help you if you're already working online but✔️ sick and tired of working with cheapskates✔️ want to turn your freelancing into a lucrative business✔️ willing to learn how to win in your niche✔️ interested in getting more clients to find you and not the other way aroundUPDATE: Enrollment is now closed. If you're interested to learn more, you can click here to register.If you have any questions about John, feel free to email me or leave your comment below.Happy to help!Now more than ever, we need to seek more opportunities online.Times have changed. During this pandemic, when we're advised to stay home and not be in close physical contact with people, I urge you to try out freelancing. It's the best decision you'll ever make. UPDATE: Enrollment is now closed. Feel free to subscribe to be notified when the doors open again.READ 👉 How A Former Executive Assistant Got An ₱80K Per Month Consultant Role in 42 Days… Even Without ExperienceREAD 👉 How A Corporate Employee Earned An Additional P50K Monthly Income From A Side HustleContains affiliate links.
Business Should You Hire An SEO Consultant Or SEO Company? 6:39 AM Should You Hire An SEO Consultant Or SEO Company When hiring for SEO, many things need to be considered. To improve your website, you should determine whether an SEO agency or a specific SEO marketing consultant is a better fit. Not all SEO companies are created equal. Below, we take a look at the differences in working with each. Although there are some similarities, there will definitely be differences in communication, quality of work, and scope of work. How Most SEO Agencies Work While there are many different-sized SEO companies, this is an overview of how many companies work. When you first call an SEO company, you generally speak with a salesperson. But unfortunately, they are usually not an SEO expert. After the initial sales call, some agencies might pass you on to an SEO Manager. The managers generally oversee several SEO associates who will manage and perform the work on your account. Depending on the company, your contact may be the SEO manager or the SEO associate. Remember that most SEO associates are not entry-level but are just one step above. Most SEO associates have 1-3 years of experience with SEO. How Most SEO Consultants Work When you work with an SEO expert, such as a Norfolk SEO Consultant, you usually partner with a professional with 5 to 15 years of industry experience. This level of expertise guarantees that you receive high-quality service tailored to your specific needs.Key Responsibilities of an SEO Consultant:Website Review: The consultant conducts a thorough analysis of your website to identify areas for improvement.Strategic Planning: They develop a customized game plan to increase organic search engine traffic.Execution of SEO Strategies: Experienced consultants implement various techniques to enhance your site's visibility.While some SEO consultants may have assistants to help with minor tasks, you will not be handed off to someone with only 1-2 years of experience.Communication and Support:You will communicate directly with the consultant you hire, ensuring a consistent and personalized experience.An experienced SEO consultant can provide insightful answers if you have important questions. Advantages of Company Vs Consultant Although there are many benefits to hiring an SEO Consultant over a large company, there are also some benefits with the latter. Many consultants are experts at a few things. Especially in SEO, as there are many segments. When you work with a larger company, they may offer services that a consultant won't provide. This may include web design, pay-per-click, and online reputation management. Words of Caution With both companies and consultants, there are high-quality ones and low-quality ones. Companies that advertise SEO results for $199 a month will not only waste your money but may put your website in danger of getting a spam penalty from Google. Some low-end consultants may do the same. However, SEO is hard work and takes a lot of time.A good SEO takes time and costs something. Depending on your market and niche, you should spend at least $1,500 to $5,000 monthly for small businesses and even more for more prominent competitive places. SEO Consultant or SEO CompanyIf you want someone focused on a specific aspect of SEO and a high-level expert, hiring an SEO consultant is the way to go. If you prefer a larger team for SEO and other needs, you may be better suited for a larger organization to handle your online marketing needs.Ultimately, you should hire an SEO consultant or SEO company based on your budget, business preference, and requirements. If you're a business owner, would you hire an SEO consultant or an SEO company?
