4 Fantastic Honeymoon Locations under $2,500

May 22

4 Fantastic Honeymoon Locations under $2,500

You have already gone all out on the expense of having a wedding; the only thing you want to do now is go relax on some beach with your loved one. Unfortunately, honeymoons can be expensive and you may find yourself running low on funds. In order to generate enough cash to have a relaxing week, or two, with your new spouse, you will need to visit a location that may be less expensive than others. Fortunately, there are many available options to keep the romance alive and offer some relaxation.

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Making a Bit of Extra Cash Online…

May 20

Making a Bit of Extra Cash Online…

Gambling is one of those hobbies that can, if you’re lucky, be lucrative and earn you a little extra cash every now and again. I’m not a massive fan of gambling (I like my money making shemes to be a bit more of a sure thing!), but I do like to play for fun, and if there’s a hobby I enjoy that has the added the benefit of possibly making me a little extra pocket money, all the better!

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How Mobile Payments have Evolved Overtime

May 09

How Mobile Payments have Evolved Overtime

In our world today, it has become so easy for us to make purchases. Mobile payments have evolved into a quick click of a button to obtain your needs and wants. It might come as a surprise, but the evolution of mobile payments goes back a very long way. A few centuries ago, mankind was still using bartering with meat, berries and grain as a method of making payments. Animals are considered to be one of the oldest forms of currency; camels, sheep and cows were commonly used.

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How to Save Money on the Boring Parts of Buying a Property

May 06

How to Save Money on the Boring Parts of Buying a Property

There are lots of little costs that add up when you’re buying a property. You don’t often think about how much all the boring stuff costs, but when you add it all up, it’s a lot. There are ways you can minimise the costs though.

Mortgage Fees

There are added extras to think about when you’re taking out a mortgage. The first thing to think about is how much you can afford to pay on your deposit. There are deposit calculators you can use to work this out. These can be invaluable because it gives you a clear indication of what you can afford to spend.

Then you should shop around for mortgages, don’t take the first one that’s offered to you. Your circumstances are individual so a lender that’s right for someone else won’t necessarily be right for you. You should also look at the arrangement fee that the lender charges. Make sure it’s refundable because the deal could fall through, and you don’t want to waste your money.

Legal Costs

If your lender doesn’t cover the cost of legal services, this is something you’ll have to do. Property solicitors do important work. They make sure that you’re protected during the process and look after the conveyancing side of things. Conveyancing is where the solicitor makes sure that the property changes hands in the correct and legal way.

If your lender does recommend a property solicitor to you, make sure you compare the costs of other solicitors before making your decision. Don’t be pressured into taking the first one that’s offered to you.

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Removal Costs

Because it arrives towards the end of the process, a lot of people forget to factor removal costs into their moving budget. This is a mistake though, as removal companies often charge a lot of money. Look at every option open to you before you do hire a removal company though.

If you’re moving from a rented property that was fully furnished, you might not have a lot to move. If that’s the case, you might be able to pack everything into the back of your car. Even if you do have a lot to move, you might save a lot of money by hiring a van and doing the moving yourself.

Repairs and Furniture

There are things to think about even once the move is complete. If you’ve bought a property on the cheap, there might be faults and redecoration jobs to do, and these cost money. Try doing as much of it as you can by yourself rather than hire someone to do it for you. This will save you a lot of money.

Furniture can be a big expense if you’ve been used to renting furnished properties in the past. If you have to buy furniture, make sure you buy second-hand stuff. Or ask around friends and family and see if anyone has any old furniture they no longer want. Then you won’t have to spend a penny.

Buying a house is a long and expensive process, but if you follow my tips, you should save a bit of cash.

 

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The World’s Most Common Company Types

Apr 24

The World’s Most Common Company Types

You always wanted to be an entrepreneur, but can’t seem to choose the appropriate form of business? Take your time and do some research. The organizational structure type will affect your own legal liability and company’s income tax treatment. The world is a global village today, but village elders might have their own different rules.  The legislation can vary from state to state, but there are many regions offering great trade and business potential to start or expand your enterprise. You will have to do your homework and assess the advantages and disadvantages of specific business organizations.

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Key Things to Consider Before Migrating your Business Abroad

Apr 22

Key Things to Consider Before Migrating your Business Abroad

You are in business for some time now, everything is going well, you have covered the initial investment capital, and you gained a big profit. Both your business and marketing strategy seem to be quite good, since the improvement is evident, but it is no longer enough to keep contact with your foreign partners only over e-mail and video conferences. Now that you have sufficient funds, it might be a good idea to branch out, setting up another one abroad, but there are a couple of basics that you need to be familiar with.

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Cash Windfall? These Strategies Can Make Your Money Work For You!

Apr 22

Cash Windfall? These Strategies Can Make Your Money Work For You!

Some of us are lucky enough to be the beneficiary of a significant cash windfall. Usually, this happens as a result of a relative or friend passing away and leaving us some inheritance money. Other times, it might be because we’ve sold something of high value, such as property.

Once you’ve got that cash in your bank account, you might be wondering what to do with it. Spending it is one option, of course. But then you’ll end up with little to show for it, save for some material possessions! Saving it is another option. But with interest rates so low these days, it hardly seems worth the effort.

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If you’re willing to take a risk with your money, there are plenty of ways to make your cash work for you. No, I’m not talking about “betting it all on red”! What I am talking about is using some logical strategies to invest your money for medium to long-term gain. Here are a few examples of what I’m talking about:

Clearing your debts

OK, so paying off any loans or credit cards you have balances on doesn’t seem like much of an investment. Or does it? If you wipe the slate clean, as it were, you are in a better financial position.

Using the money you would have paid towards your monthly installments, you can build up a large reserve of cash. Some of that money can get put in savings while the rest can get used as leverage towards investments.

Commodity and Forex trading

Two of the biggest markets that people buy and sell on each day are commodities and forex. The former refers to things like gold while the latter is foreign exchange – i.e. currency.

They aren’t as risky as conventional stock market trading, and you stand to make more of a profit on those two markets. With a plethora of online services like ACM Gold & Forex around, you can manage your money from anywhere in the world. As long as you’ve got a computer and an Internet connection, of course!

Peer to peer lending

Another way to make your money work for you is by lending it to other people! Thanks to the relative explosion of peer to peer lending in recent years, it’s now possible for anyone to become a lender.

The great thing about peer to peer lending is that you can choose how much risk you’re willing to take. For example, you’ll get a higher return on your investment if you lend to people with riskier credit records. Of course, the only downside is that if they default on their payments, you could end up with no money.

Despite that fact, there are systems in place to reduce such risk. All loan applicants are carefully screened. This includes performing affordability checks on them by the lending organization. Some places might ask applicants for guarantors to increase peace of mind.

So, what will you do with your cash windfall? Whatever you do, make sure you don’t spend it all without seeing some kind of return!

 

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