Home Things To Know Before You Build Your Dream Home 9:47 PM Things To Know Before You Build Your Dream Home Building your dream home is an exciting project. Depending on the resources you have available, the home's design, and location, this project could take up to six months or a year, or more in some cases. There is no substitute for hiring a reliable home-building company to get the job done right, especially when you're planning to customize a house.Establish a realistic budget for the projectHow much does it cost to build your dream home? If you listen to friends and family members who have built a house, they will tell you that establishing a realistic budget and sticking to it will keep your stress levels low. Whether you are paying cash or financing a portion of the project, you must have your numbers written down, setting a limit for spending. Your budget will guide you to enjoy the future in a dream home and one that meets your needs and budget. Interview and select a reliable home builder The next step in building your dream house is to take your budget to the marketplace and discuss your vision with a reliable home builder to decide who you will hire for the job. A professional architect can draw up a blueprint with specific details that a builder can follow.Architects take your dreams and put them on paper, sketching out each room and hallway with specifications about the size of each room and area of the home. Finally, a homebuyer, builder, and designer can look at your blueprint and know exactly what your home's frame will look like, helping you create your dream house. Set goals and a project timeline Selecting a reliable home-building company is extremely important. Be sure to check their references before you hire one. A home builder can review your blueprint and discuss a timeline for building your home. Then, the home builder and designer can work together to identify design options and finishes that fit within your budget. Once you decide on floors, lighting, paint, and other desired finishes, a realistic timeline can be established for the project. It is essential to realize that schedules are flexible and that you must plan for possible delays before hiring a professional moving company to finish the job. Some problems that can hold up a project are beyond a builder's control. For example, the weather is one of the issues that can set a project back. Building a new home in cold locales in the winter or during a rainy season can slow progress. Therefore, taking probable weather conditions into account during the planning phase is recommended. Complete the project and move into your new home It is hard to contain your excitement as your new home starts to come together. Finally, it is time to hire an affordable moving company. Then, inspect your dream home and close it. Remember, you want a company that can be flexible, just in case the closing is delayed.Larger moving companies may be capable of offering more scheduling flexibility. When it is finally over, pat yourself on the back and move in. Final WordsWhat is your dream house, and why? No matter what it is, you can build your dream home for fun using online apps for free. Try it first and see if you can turn it into reality. By knowing these things, you can best be prepared, learn how to build your dream home, and move in sooner than you'd hoped.
How-To 5 Financial Tips For Millennial Children 9:32 PM Teaching financial wisdom to millennials isn’t about giving lectures. It’s about empowering them to be capable money-wise. The economic landscape has dramatically changed, bringing challenges and unique opportunities. And parents need to give their kids the tools to handle their finances confidently. Here are five key financial tips for millennial children to help them navigate through life:1. Pay Down Debt FastOne of the greatest gifts you can give your children is the freedom that comes from being debt-free. Teach them to prioritize paying off debt, especially high-interest credit cards and loans.Celebrate Milestones: Involve your children in your journey to pay down debt by celebrating milestones together. This will show the value of financial discipline and instill the habit of managing debt responsibly.Set Clear Goals: Encourage them to set clear goals for clearing balances early. This debt management advice gives them more freedom to pursue their dreams rather than being tied to financial obligations.Teach the Snowball Method: Introduce them to methods like the debt snowball technique, which involves paying off the smallest debts first to build momentum and confidence.Know the difference between the Debt Snowball and Avalanche methods and why many people choose the Debt Snowball, according to Fortunly:2. Start Saving for Retirement EarlyMillennials might not consider retirement while juggling student loans and entry-level salaries, but starting early is one of the best financial advice for millennials.The Power of Compound Interest: Show them how small IRA or 401(k) contributions, stock market, or mutual fund investments can grow exponentially. Thanks to the magic of compound interest, even modest contributions can snowball into substantial savings.Set a Savings Habit: Suggest allocating a percentage of their monthly paychecks to retirement accounts. For instance, starting with just $50 per month can significantly impact over the years.Visualize the Future: Help them visualize their future financial stability using retirement calculators to project the growth of their savings. Understanding potential future costs can motivate them to prioritize long-term investments. 3. Choose Low-Interest Loans WiselyTeaching money management by choosing a low-interest credit card, mortgage, or student loan option is crucial to saving money.Shop Around for Best Rates: Encourage your children to compare offers and shop around for the best interest rates. A little research can lead to significant savings.Maintain a Good Credit Score: Teach them the importance of maintaining a good credit score to qualify for favorable loan terms and lower interest rates.Refinancing Opportunities: Show them how refinancing loans later can help lower monthly payments and save thousands in the long run. For example, opting for private student loans with lower interest rates can significantly reduce their financial burden. It’s essential that they get a low interest rate to ensure they can pay the loan back. These low interest rates come from good credit history and can be refinanced later to lower the interest rate. 4. Prepare for Financial EmergenciesLife is unpredictable, and being prepared for unexpected expenses is essential. Encourage your millennial children to build an emergency fund with three to six months’ worth of their living expenses.Build an Emergency Fund: Advise them to save enough to cover three to six months of living expenses. This provides a financial cushion for unforeseen events.Separate Savings Account: I suggest keeping this fund in an individual, not easily accessible, savings account. This will prevent dipping into it for non-emergencies.Examples of Use: Show situations where an emergency fund could save the day, like car repairs, sudden medical bills, or unexpected job loss. A well-maintained emergency fund can manage unforeseen expenses like urgent home repairs.5. Talk About Money OpenlyMoney conversations are often taboo, but they shouldn’t be. Normalize discussing finances in your family to foster a healthy relationship with money.Normalize Money Talk: Encourage open discussions within the family about financial goals, spending habits, and budgeting. This fosters a transparent and healthy relationship with money.Discuss with Future Spouse: Encourage your children to discuss financial goals with their future spouse, ensuring they align on key topics like saving, spending, and investing.Share Your Experiences: Share your own financial experiences and decisions in a positive light. This makes these conversations less intimidating and more relatable.Budgeting Tips for Young AdultsCommon Financial Mistakes Millennials Should AvoidIgnoring retirement planningOverspending on non-essential itemsNeglecting to track monthly expensesBest Financial Tools and Apps for MillennialsMint: Budget tracking and expense managementYNAB (You Need a Budget): Helps prioritize saving goalsAcorns: Micro-investing for beginnersUnderstanding Credit ScoresExplain how credit scores impact financial opportunities like renting apartments, getting loans, or landing specific jobs. Share actionable tips or money management strategies for young adults to improve credit, such as:Paying bills on timeKeeping credit utilization lowRegularly checking credit reports for errorsBest financial tips for millennial childrenEmpowering millennials with money know-how involves giving them practical tools and real-life examples. From setting up an emergency fund to understanding compound interest, these crucial financial tips every millennial should know will help them navigate life confidently.Start today by having open money chats, exploring financial apps together, or helping them create a plan to tackle debt. These small steps can lead to significant financial freedom for your kids.
How-To How To Start A Lifestyle Blog: 7 Simple Steps To Follow 10:49 PM Online influencers and bloggers don't only have the trendiest and coolest job today. They also are financially and emotionally rewarded. How many lifestyle bloggers do you know are living your dream life? They travel, experience, and do what they love. How to start a lifestyle blog? That is the million-dollar question. Where do you begin? As a lifestyle blogger, I've gathered some simple and practical tips for building your own little kingdom on the internet. But first...What is a lifestyle blog? A lifestyle blog is where you, the Blogger, share your life with your readers, interests, activities, and thoughts. It's that simple. How to Start a Lifestyle Blog: 7 Simple Steps to Follow 1. Find Your Niche Before you even create an account, think about what your niche will be. Your niche is that one topic your blog will be centered on. Most people have numerous interests, so their blog niche is wide and varied. This is okay as long as you know how to categorize and can talk about each regularly. For beginners, the advice would be to stick to a specific topic first. To find your niche, ask yourself these questions: What is your primary interest? What do you love to do? What are you most knowledgeable about? Knowing and having your own niche is essential in blogging because: Your place will attract your target audience. You will be considered an expert on this topic. If you haven't established a following yet, stick to one topic to avoid confusing your readers. A confused reader will unlikely return. 2. Choose a platform The experts would advise choosing WordPress to make your blog look more professional. I have started with Blogger (while it was still Blogspot), and so far, no regrets. For me, it is easier to navigate. Numerous layouts now are either free or paid for that suit your taste and style. I've seen a lot of successful lifestyle bloggers that use Blogger and WordPress. Do your research and find out which one works for you. 3. Get a domain name In deciding what to name your blog, remember to... Choose a catchy name, so it's easy to remember. Keep it simple. Make your domain name reflect your blog's niche so people would know what to expect. This also helps in keyword searching. For example, people who want to read about traveling to Southeast Asia will unlikely use the keyword "constellation" in the search bar.You can buy a domain name to make your blog look more legit and professional. It is a small but essential investment.It is tempting to use your name as a domain name, but experts suggest against it. Especially if you're not a celebrity. Some use their names, and it works just fine. Just put in the work of increasing the traffic to your blog. 4. Get your own URL Nothing says professional, official, and authentic than having your own .com. There are many hosting services to choose from now. Do your own research (yes, research is a big part of blogging). Which one is best for you as most of these services offer promos and discounts. They can also offer other services like customized email addresses and plugins. 5. Design your page Your page is your online home or presence, so to speak. It is like welcoming visitors into your sanctuary and offering them what you know and have. Design your page to reflect your personality and niche. Then, make it show your signature. You'll be spending most of your time on your blog, so you might as well create one you'll always be happy to visit. Important:Make sure your website is not only pleasing to you but that it also appeals to readers. Some font colors are too painful and strenuous to the eyes. Some background music or designs are too distracting. Your reader's experience is essential. When they find it hard to focus on the content, they leave, and most of the time, they never return. 6. Research It's never-ending research. Be diligent in finding answers and tips online to help you with your content. Research also helps you find solutions when you encounter technical issues. The world is bursting with fake news nowadays. Do your own research before publishing something to double-check the authenticity or credibility of the topic.Be someone your readers can trust. 7. Write great content Content is still king.No matter how appealing your domain name is...Even if you have the most impressive web design...No one will want to follow your blog if you write like a robot. Write engaging, informative, inspiring, funny, or stirring content. Proofread. Double chekc speling. (See what I did there?)Give people a reason to hit that Share button, leave a comment and recommend your blog to their friends.Most importantly (and I strongly suggest), write honestly and from the heart.Write for people and not for SEO ranking.When you do what you love and love what you do, you hit the sweet spot between profit and passion. That is your purpose.Keep these tips in mind, and don't forget to always bring your patience, perseverance, and positive attitude. Because successful blogging is not just about posting a photo or a frivolous hobby. It involves a lot of hard work.If you believe blogging is your purpose, today's the best time to start a lifestyle blog.
Listicle How Coupons Can Change Your Life: Savings Without Compromises 12:53 PM How Coupons Can Change Your Life Are you an avid online shopper? If you haven't taken discount coupons seriously, maybe now is the time. The best thing about shopping coupons, like target promo codes, is that it's a win-win situation. Businesses get more customers by reducing prices and making attractive offers; you only need to show up. A sustained strategy of using coupons when buying household items on Amazon and other websites can lead to savings without compromises. If you're still wondering how coupons can change your life, keep reading and discover the powerful impact of smart couponing. Different Types of SavingsDiscount coupons are not just about getting customers to make impulse buys. If you sign up for a top coupon service, you can save money on many things. From essential services to hobby-related activities and supplies for the family, a complete range of products and services are available for you to explore. Find coupons for the best e-commerce websites in the UK at www.plusvouchercode.co.uk. Some of the websites covered include Nike, Amazon, and eBay. Manage your expenses without having to take drastic measures. Change the way you shop and get the best products at great discounts. How? Coupons! 1. Coupons for Travelers As a frequent traveller, you may have seen yourself blowing up money on transit like ferries, shuttles, and hired cars. Instead, you can pick up travel and parking coupons and reduce cash spending. These coupons are also an excellent choice for those going on holiday. Coupons can change your life as a traveller by saving a bit of cash that can be added to your recreation budget instead. 2. Coupons for the Fashionistas If you love shopping for clothes, then coupons are just what you need. Get more for your budget at the best online apparel portals. You can get alerts when new offers and discount events are happening. According to the 2017 Great British Wardrobe Report, the average Brit spends over a thousand quid on clothes yearly. Imagine how much savings you'll make if you start using discount codes for the same clothes others pay for. 3. Coupons for Entertainment Deals Are you a big fan of video games? Then coupons will just change your life drastically.Stop getting ripped off by retailers and play it smart with discount codes. MyGeekBox, GameSeek, and Nintendo are just some big companies offering discounts on your favorite titles. You can even save money on pre-orders with coupons. You can also spend less on the cinema hall's latest blockbusters and award-season releases. Spend only a fraction while your kids enjoy their favorite Marvel superhero in IMAX or get discounts on the latest music albums. Satellite TV can be a monster when it comes to costs. Ease away the concern and enjoy the footie and your favorite shoes without worries with a Sky or Now TV coupon. Entertainment need not be an expensive affair all the time. 4. Coupons for Office Supplies and More Shave off some operational costs at the office with the right discount coupons. Basic office expenses like printing, stationery, and even portable power stations can amount to thousands of pounds. This is where you can use discount codes to your advantage. If you find the right coupon from a site such as BrokeScholar, then you will be able to knock some money off the supplies you need in your office.Coupon codes can translate to serious savings and more efficient budget utilization. Euroffice and Book People are just some of the top sites where you can enjoy smart pricing on various products and services. 5. Coupons for Pet Lovers, Gadget Freaks, and Health EnthusiastsThere are many other ways discount coupons can reshape your monthly expenditures and change your life for the better. Pet LoversPet supplements and pet food are expensive; you wouldn't want to compromise your precious kitty's or pup's diet. Pay less for essential items on sites like Waitrose Pet and Pet Drugs Online.Gadget FreaksEver bought the latest gadget at a hefty price only to see it at a discount a few months later? It does not mean you need to stop buying electronics – but you can stay ahead of the curve with coupons that allow you to pay less than the regular market prices.Health EnthusiastsThey say health is wealth, but the last thing you feel after picking up a nice set of jogging shoes is wealth. The same goes for expensive supplements and other training gear. With discount codes, you can save on a large inventory of products at trusted websites like Nike and BodyBuilding.com. Are you an outdoorsy person? Get the top-shelve equipment for your next camping trip, made possible with a discount coupon. This post contains affiliate links, so we'd get a commission if you purchase through the links at no additional cost. How to Coupon for BeginnersIs couponing hard? It's not according to Coupons with Alysia. Here's how to get started, according to the expert:Coupons Can Change Your LifeAccording to a Statista market report, 20 percent of coupon users in 2014 got discounts online. The smart shopper has realised that to negotiate rising costs, one has to stick to the best deals. Do you shop using discount codes? You should because the money you save with coupons can change your life. Start exploring the many discounts available, you'llu'll soon discover the financial freedom that comes with wise spending.
Listicle 7 Ways Of Lowering Your Electric Costs 5:00 PM Want to cut your energy use and also your energy costs - these tips will help you out. 7 Ways Of Lowering Your Electric Costs 1. Go Solar Switching to solar may seem like one of the apparent options when it comes to lowering your power costs at home, but it is still worth a mention. On the one hand, you will have to pull out your wallet when getting the solar power setup, but the costs are affordable especially when looking at things from a long-term perspective. It is estimated that a household that switches to solar power saves tens of thousands of dollars over the solar power system's tenure. You can check if there is a solar leasing option within your location which you can resort to and avoid purchasing the entire system therein saving money. One of the recent energy efficiency studies showed that homes that the average middle-class home that uses the solar leasing saves around $600 annually. The sun will never fail to shine, even if not very bright and our dependence on electricity is predictable. Therefore, you can rely on a never-ending power source and manage to know the much you can save when you opt to switch to solar power. Alternatively, you can get help with the estimates so that you are better convinced of changing to solar. 2. Switch To LEDs As you make plans to harness the power of the sun, you also should ensure your lighting options are in line with such ambitions. For this, you need to lower the power demands of your lights, and this means installing LED bulbs. The incandescent one may help to warm up the place buy they use up a lot of electricity and will overwork your solar energy power reserves. Things are relatively cheaper with LED lighting since most of the LED bulbs are affordable and present highly efficient green lighting that can last for years. LEDs do not have mercury; thus they are very safe for use in various applications. And switching to the LEDs cuts the mercury pollution emanating from the coal power plants. Some people may argue that CFLs are also an energy-efficient option, but they do have some amount of mercury which can be an issue of concern for some people. Therefore, LEDs are the only safe guarantee for green lighting in your home. LED technology keeps advancing, and the costs keep coming down; this will see them quickly replace CFL and incandescent bulbs in most homes. The prices of LED lighting has dropped by nearly 85% since 2008, and the number of homes in the U.S. using LEDs has risen from 400,000 then to almost 20 million. So, the LED technology is a revolution. 3. Limit Your Dependency On The AC Heating and cooling are essential elements in any home, yet the ACs hog a considerable amount of the power. People have become overly dependent on the HVAC that they see no need of adjusting their environments. Is it common to be indoor in a setting that is so cold to point where you need to have more clothes on just to warm up yet the weather outside is warm or hot! Well, that should not come as a surprise, because it is a norm in some homes. They are spending thousands of dollar annually to freeze themselves indoors. The ideal thing is to have a smart thermostat that helps set and adjust the indoor temperatures accordingly to what your body find comfortable. If blowing air on yourself will require some energy, how much more is needed to turn the hot indoor air into a chilly state? Give it some thought. The human body has a natural response to environmental changes thus can to detect the surroundings and adjust accordingly. The same power consumption applies when heating the home, and can even shoot higher. Rather than rushing to run the AC, just wear more warm clothes and allow your body to adjust to the cool conditions as you walk around the house. Let the heater run for less a few minutes if you really must crank up the heating for a while. 4. Unplug! Do Not Use Electricity When It is Not In Use We usually forget to unplug most of our devices once were are done using them and can at times leave them there for hours or days. Phone chargers, the PlayStation, TV, DVD players, Radio, and the AC are some of common electric appliances and gadgets we forget to unplug from our sockets. You may think that they are on standby or powered down, but they still to use up some electricity even when they seem dormant. Gaming consoles and DVRs are perfect examples of electricity-needy devices when not in use. If you are not using them, remember to unplug them before you shift your attention to something else. Also, make it a habit to check your plugs and sockets before you leave the house. For the HVAC system, you can opt to leave it turned off if you are out for several days. Alternatively, you can invest in energy-saving plugs that can cut any siphoning of power by electric devices that are in standby mode. Cut these down and use energy comparison sites to slash your bill. 5. Ditch Those Overly Old Electric Appliances At times, we need to spend a little in the right places if we are to start saving. It is a philosophy to uphold when it comes to old home appliances such as the oven, fridge, and washing machine. The equipment is often based on outdated energy standards and thus will hog a lot of the energy in your home. Some do not even work as efficiently as they used to, so it would be better replacing them with something new. If you have more than multiple appliances of the same function and purpose, you can do with just one. For instance, having two fridges in your home makes little sense. Refrigerators tend to consume a lot of energy and having a big one only presents aesthetical gains with less of anything else. It is common to find such fridge with empty sections, and this only causes the appliance to work hard just to cool empty space. Do the wise thing; upgrade your appliance to some of the latest energy-efficient equipment available today. You will be spending so that you can make significant savings on a long-term scale. 6. Again, Do Upgrades Think of it this way, you are doing away with something that is always acting up and needing repairs every other time, something that has worn out and lost is beauty, and something that is just there with no use. So the upgrades are an opportunity to let go of the many things that you are hogging in your home that only clutter the place and to get new products that are better and are energy-efficient thus lowering your monthly or annual power costs. Just seat and do the math to figure out with products to get. Think along the lines of appliances that can do two or more things at the same time because such machines are usually designed to be energy-efficient. For instance, you can upgrade that old AC to something new that some with a smart thermostat that can learn your preference and help manage the heating and cooling of your home more efficiently and lower the energy consumption. 7. Move, Relocate Moving may seem like a far-fetched solution to your energy costs, but it is a valid option worth considering. For instance, you can opt to move into a smaller space or one that offers you adequate energy-efficient options. Why stay in a rundown place that is always bogged down by electricity problems such as faulty wiring or crumbling power connections? Relocating can be a chance to make significant life changes that also aid in lowering your energy costs. Post may contain affiliate links. Hey, did you find this post helpful or entertaining? Please go ahead and share. 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Wealth and Money Tips For Saving Money When Renting A Car 7:24 PM If you are somebody who consistently makes use of car rentals, there are some things you can do that might help to save a few bucks. Of course, if you only use this service once a lifetime, the following tips probably won't make a substantial difference. But for those who use the service on a regular basis, keep the following saving money tips when renting a car in mind. Tips For Saving Money When Renting A Car 1. Coupons And Discount Codes Are Your Friends You are at liberty to use coupons and discount codes in order to get a rental car at lower rates. And you can easily get your hands on some of these discounts by simply making an online visit to those major rental companies. But these savings aren't excluded to the sites of the rental companies. You might also find some codes and coupons at: AAA AARP Costco BJ's USAA Two sites you definitely want to keep an eye on are Thrifty and Dollar. This is where you should be able to score a fixed rate discount, which lets you hire a premium car at a very affordable rate in special cases. In addition, you can double up on your savings at certain companies, because they let you use the discount code and the voucher. These companies include: Hertz Avis Alamo National Budget 2. Do Your Bookings Early Something you might not be aware of is that car rental rates can rise and fall in a matter of hours. Depending on the company and the location they are competing in, their pricing strategy needs to shift on a regular basis in order to stay competitive. So, the tip here is to get your booking as early as possible. And from there, you keep an eye on how the rates change up until you actually need the car. Because if it happens that you find a company that offers lower rates, you can cancel your booking and make a new one without getting penalized. Plus, you typically don't pay a deposit for a booking, and you'll be surprised at how much you can save just by booking early and paying meticulous attention to the rates. 3. Approaching Insurance When you rent a car, you will no doubt receive the "insurance" sales pitch, which protects you from liability if you get into an accident. Now, if you have a credit card or personal auto insurance, you probably think you don't need the insurance offered by the company. But the reality is that different insurance providers have different rules, and you need to check your insurance before you say no to the rental company's offer. Besides, it won't nearly be as complicated if you are insured with the rental company and something unforeseen happens. You should follow the same advice for getting insurance for your rental car as you did to get your rental car - you can see more at Moneyexpert.com's comparison panel. 4. Save Money By Filling The Tank You are given the option to pay for a rental car with a full tank of gas, and you can leave the responsibility of filling it up upon return to the company. However, you are paying more for gas than you should. Even though it is more convenient to let the company handle the responsibility of filling up the tank, it costs you more. In fact, when you take into account all the extra fees you can end up paying more than $10 a gallon. Also, if you pre-pay for a full tank, are you definitely sure you are going to use all that gas before returning the car? It's a matter of being willing to pay a pretty penny for convenience alone. 5. Consider All Your Locations It is a generally agreed that car rental companies at the airport typically offer lower rates. And it tends to make sense when looking at the lower taxes they pay. But that doesn't mean the other rental companies aren't competing. With all the competition going around, it will be silly not to look at all your options and locations first. In some cases, you might find them a little cheaper. 6. Keep An Eye On Additional Charges When you rent a car, you are given additional options. These options include things like an extra car seat for a baby or a navigation system. Either way, these additional charges can really start to add up when they shouldn't even be necessary. For example, why don't you get yourself a GPS system and take it with you? And you can use it every time without having to pay the car rental company extra. Sure, it's cool to have all the extras to make the trip more comfortable, but if these are extras you can bring along at a lower cost to you, why not? 7. Study The Final Bill Carefully Assuming you walk away from this article and you use the above-mentioned tips, and you get a very nice deal on a premium rental, is there anything else you need to look out for? Yes, the final bill. People make mistakes, even the most professional people, and it's a wise choice to study your final bill before making any payments. You want to check if the rates they quoted you for are accurate, and you want to know if they are charging you extra. Don't wait for months to go by before realizing you've been overcharged. Do it immediately, because if a problem arose with the bill it can be sorted out quickly and effectively. In fact, double-check your bill before stepping out and saying goodbye. Hey, did you find this post helpful or entertaining? Please go ahead and share. Share buttons on the left and at the bottom of the article. Big thanks! Subscribe to About Life And Love by Email
Technology Trade Online While Traveling 8:00 AM If you happen to travel globally and you have some time to spare, then you can use this time to trade. With a good phone that has access to the Internet, it is becoming easier every day for travelers like you to explore the world while doing some online trading. Successful Online trading, however, will vary with your skills and effort you put in acquiring the knowledge on how to trade in online markets. You may have heard of financial markets and trading, but you have no clue of how to take the first step to trading for yourself. First, you have to have immense knowledge about this field of online trading, and the easiest method to achieve this is through consultation with trading experts. Knowledge gives you power, but not so many people have the energy or ability to learn new subjects however much their new found knowledge may contribute in a huge way to their monetary benefits in years to come. If you need a part-time activity while you travel, then trading in financial markets can be a good thing to try. CMC Markets, for instance, offers online trading and investments platforms that provide benefits of buying/selling individual stocks and investing in online bonds known as mutual-bonds. However, if you so much wish to learn about online trading then continue reading but then don't forget you still need to have known some things about the finance industry, and most importantly you have to learn about precise trading expertise so as to control your risk. An accurate knowledge of core and specialized analysis of the financial markets give you an opportunity to create an organized trading plan for yourself, with a clear awareness of the trading psychology that will make you a successful trader. However, the easiest way to acquire knowledge is through advice and feedback from experts monitoring your trading performance. Trading in individual stocks either as a full-service broker or as a discount broker has many advantages as compared to investing in mutual funds. Individual stocks offer independence and the proficiency to determine how to vary and allow option strategies to shield your portfolio or increase overall returns. So as to build a strong portfolio, you need to do your research and hand-pick the stocks that relate to your investment objectives. By doing this, you are also able to reduce management fees and also expense ratios that ever present with the mutual fund industry. Spreading risk forms the basis for all successful investments. Acquiring a portfolio with 8 or more stocks enables one to maximize on the diversification while focusing on better stock movements. By purchasing stocks on an individual basis, the investor has the option of speculating the best time to sell a stock owned, to reduce risk or raise returns. With individual stocks, it becomes possible to adjust your portfolio accordingly. You can gradually purchase assets over a given period to minimize risk as rather than buying lump sums in the case of mutual funds. Wise investors can also gain passively through dividends from purchasing stocks in telecommunication companies, which tend to offer better returns while capitalizing on capital gains. Despite the freedom that comes with private trading wise traders should learn how not to over trade. Over trading can lead to a much formidable risk to a portfolio as compared to an unskillful stock selection. Undisciplined traders tend to ruin their portfolios by raising their costs, lowering their tax gains and failing to recognize the natural trend of the equity markets which consequently keeps their portfolio spiraling in the opposite direction and subjecting the traders to losses. For the big merchants, the bid-ask spread; should be narrow when trading for you are to remain profitable. Traders who purchase stocks to a significant volume are subject to more taxes than investors who buy their stocks and refrain from selling them for a period. For those seeking higher returns, they should consider slowing down the turnover, spending additional time doing research and developing wise strategies to boost their portfolio. Lastly, you can opt for a simpler approach which involves selling someone the right to purchase your stock in the future conceivably. This method allows a raise in the general return of the current portfolio while reducing the yield significantly in bad markets. This article was submitted by site supporter and may contain affiliate links. Hey, did you find this post helpful or entertaining? Please go ahead and share. Share buttons on the left and at the bottom of the article. Big thanks! Subscribe to About Life And Love by Email
Books Bo Sanchez's The Abundance Formula 5:15 AM You must get good at one of two things: Planting in the spring or begging in the fall. -Jim Rohn You'd think there's a magic formula behind abundance. Or a complex scheme. Turns out, it's really simple. I learned this from the book The Abundance Formula by Bo Sanchez. Just remember these 4 numbers: 100, 10, 20, 70. Earn 100% Give back 10% Invest 20% Spend 70% Understanding Your Spending HabitMoney is also about psychology and emotions. It’s hard to restrain from buying when you keep on justifying it, right? "It’s on sale.""I deserve this."You will never run out of excuses when you purchase something. And that's what usually stops you from living an abundant life.How Can I Be Abundant in Life? Financial abundance, as suggested in the book The Abundance Formula, is simple. 1. Earn 100%. Give your all in what you do because the universe will always pay you back for what you give. 2. Tithe 10%. Ask any successful businessmen - who are not religious, and they will tell you that giving back to the universe is a huge part of success. It’s the law of attraction, the law of reciprocity, the law of the harvest. When you give, you create a vacuum that the universe will fill up again. That’s just the way the universe works. Giphy 3. Invest 20%. There are many kinds of investments: paper assets, properties, and businesses. If you're no expert like me (math and I have a complicated relationship), do your research and see which investment suits your lifestyle best. Or join the Truly Rich Club. They give you financial - and spiritual advice. They tell you what companies to invest in, when to buy, or what to sell. (This post contains affiliate links, so we'd get a commission if you purchase through the links at no additional cost to you. Thank you!)VSGIF 4. Spend 70%. Spend what’s left after tithing and investing. Live only within or below your means, and you’ll never run out of cash again. Giphy What does it mean to live life abundantly? The meaning of abundant life is not confined to having more material things. Abundant life isn't about living in excess, it's about: Fulfilling your potential. Growing, learning, and using your gifts. Meaningful connections. Building deep, loving relationships. Gratitude and joy. Savoring the good, big and small. Purpose and contribution. Giving back, making a difference.The Secret to Living AbundantlyAbundance is a feeling, not a material possession. It's about richness of spirit, depth of connection, and the joy of living a life true to yourself. So, tune into your own symphony, play your unique notes, and create a life overflowing with abundance.What are the characteristics of abundant life?An abundant life isn't easily defined, as it has different meanings for different people. However, there are some common characteristics that tend to paint a picture of richness and fullness:Inner QualitiesPurpose and Meaning: A sense of direction and a guiding force that fuels passion and motivation. Joy and Gratitude: An appreciation for the good, big and small, leading to a deep sense of happiness and contentment. Resilience and Growth: The ability to bounce back from challenges and continuously learn and evolve. Peace and Calmness: An inner serenity allowing clear thinking and emotional stability. Love and Connection: Deep and meaningful relationships that provide support, belonging, and shared joy.External ManifestationsContribution and Impact: Making a positive difference in the world, however big or small. Health and Well-being: Physically and mentally thriving, feeling energized and able to pursue your passions. Creativity and Expression: Utilizing your talents and abilities to bring something unique to the world. Financial Security: Having enough resources to meet your needs and pursue your goals without undue stress. Adventure and Exploration: Stepping outside your comfort zone and embracing new experiences to broaden your horizons. What constitutes an abundant life will vary greatly from person to person, so focus on identifying what truly matters to you and cultivating those qualities and experiences that bring you meaning and joy.Remember, the characteristics of an abundant life are a guide, not a rulebook. Embrace the journey and create your own definition of a life lived to the fullest.Bo Sanchez's The Abundance Formula TakeawayAfter reading books on money management, attending seminars, and applying what I learned, I realized that the road to abundance may be long, meandering, and even lonely (not everyone is determined to get out of the rat race), but seeing your money grow is fulfilling.Because it's not about accumulating material things. It's being able to do what you like, give to those in need, and have a sense of freedom.Can you say you're living abundantly at the moment? What's your secret?
Quotes Money Doesn't Change You, It Only Magnifies Who You Really Are 7:51 PM Money doesn't change you, it only magnifies who you really are. It's not true that money changes people. Money has no control over your emotions. How you react to what is happening around you is your choice. Money problem is a psychological problem. Money will only reveal your true color. The selfish becomes more selfish and the generous becomes more generous with money. The kind becomes kinder and the cruel becomes more cruel. The happy becomes happier and the miserable becomes more miserable. Money can be your friend or your foe. Money is a tool. If used wisely, it can help you live a better life. If you don't know how to utilize it, money can destroy you. Money can be a good servant or a sadistic master. The choice really is in your hands. Two things define you: Your patience when you have nothing and your attitude when you have everything. -George Bernard Shaw Want more quotes? Follow About Life and Love on Instagram
Wealth and Money Simple Ways In Lessening Debt 2:53 PM Just as the rich rule the poor, so the borrower is servant to the lender. -Proverbs 22:7 Simple ways in lessening debt and eventually get out of it by Pesos and Sense. Pesos and Sense Hey, did you find this post helpful or entertaining? Please go ahead and share. Share buttons on the left and at the bottom of the article. Big thanks! Subscribe to About Life And Love by Email
Wealth and Money What Money Can't Buy 2:08 AM Money can buy a ring, but not love. Allow me to share this beautiful and insightful poem written by a 10-year old Daniel Olson. What Money Can't Buy Money can buy A job, but not accomplishment. A house, but not a home. A pet, but not a friend. Medicine, but not health. Decorations, but not happiness. A ring, but not love. A book, but not a story. An education, but not knowledge. Glasses, but not sight. Toys, but not fun. Clothes, but not beauty. A piano, but not a song. Paper and pencil, but not words. A bed, but not sleep. Food, but not a meal. A window, but not a view. Money is the car, but not the driver. Giphy Hey, did you find this post helpful or entertaining? Please go ahead and share. Share buttons on the left and at the bottom of the article. Big thanks! Subscribe to About Life And Love by Email
