Monday, July 31, 2017

Charity Does Begin At Home! Stopping Your House Draining Your Finances

money draining house
We're all guilty of wasting money, but the biggest waste of money is probably in your home. It's not your home that's the waste of money, but the habits that you have gotten into over the years which results in hundreds, if not thousands, of dollars evaporating into thin air every year. So it's worth looking at these and seeing if you are guilty of any of them and so you can start to make some positive changes that will save you money.

Leaving Appliances On

Yes, it's the most basic of principles, turning everything off after you finished using it! But there are so many of us that are guilty of leaving a plug socket on even though we're not using it. Or even something as basic as having the air conditioning on with a window open means that the air conditioning system will require more energy to cool the room, and that will hike up your energy bills no end. So close that window and turn off that light!

Do You Have Storage Units?

The main reason people have storage units is because they have items in the home that don't fit. So you need to ask yourself if the items you have are even worth keeping? Especially if you are paying a huge amount per month to keep these items stored? Or if it's time to move to a larger house. Luckily the modern market means that a lot of people are looking for a home that is already in good quality and if your home already is in a good state, you can sell it “as is” in order for you to find a new property that is suitable for your needs. If you need to sell your home quickly, you should get a good amount of money for it so you can bring the items out of storage and keep them at home, which will also save you a pretty penny!

Feeling The Temptation To Be Modern

We all like the latest appliances with the best features, but if we are using an air conditioner with a remote control, or a voice activated television, you need to decide if these things are actually necessary because it's unlikely that they are energy efficient! It's also worth noting that the cost of installing a new appliance up front may be the equivalent of what you're currently paying out anyway. So are you better off having this new appliance or can you save some money by sticking with what you've got?

Do You Buy Budget Bulbs?

Incandescent bulbs are very cheap to purchase, but they do result in an expensive energy bill. Instead, replace them with LEDs as one LED bulb can recuperate its cost over the course of a year and LEDs can last around 10 years, which is very easy on your wallet.

We can be wasteful when it comes to our energy usage, and this translates to expensive bills. So it pays to be a bit more environmentally friendly as well as finding common sense methods to cut back on your overall expenditure. And as charity begins at home, maybe you can feel the benefits of that charity for once!

Sunday, July 30, 2017

How To Financially Cope With A Career Change

money cope
Making the conscious decision to change careers is a big step in the right direction, but it can be a scary one if you’ve quit one job to focus on your path towards a new one. Whilst it’d be nice to stick in your current job until you found a new one, of course, you may have simply run out of patience with your role and been unable to cope with it for another day. Whatever the case, if you’re out of work then it could be weeks or months until you find a new job; if you’re looking into a new industry then it may be longer because you might require additional training or experience before any employer will hire you. In the meantime, here are some tips for coping with the financial aspects of life whilst you’re out of a job.

Find part-time work.

It doesn’t have to be particularly skilled or highly-paid work, but finding some form of part-time employment whilst you search for a new job might be a good idea if it’s going to take you a long time to find full-time employment in another big company. Think about local businesses within easy reach of your home and with flexibility in terms of shifts so that you still have most of the day free to go job-hunting. You could easily fill out the Costco application online if you wanted somewhere to begin because retailers are often flexible with shifts and don’t boast particularly grueling working hours.

The point is that you need a job (not a career) to help supplement rent or mortgage payments whilst you search for a proper career. You needed to cut the ties from your full-time employer in order to devote yourself fully to getting qualified in a new profession, applying to new jobs, or simply finding opportunities for experience in a new sector. However, you also need money, so swallow your pride and take a part-time job even if it doesn’t sound very glamorous.

Rent a room in your house or flat.

You’ve got to think outside the box. If you’re far too busy with job hunting or training for a new profession then you might not have the time to do any part-time work. There are other ways to make money, of course. Think about the assets you might already own, such as your house or your apartment. You could create a steady income by renting out a room to somebody. If you create a private living space for a housemate then you’ll be able to charge them even more. There are lots of sites, such as Airbnb, which could help you with this.

Make a budget.

Once you’ve figured out some form of income for this in-between period of your career, you need to plan for the tough weeks or months ahead. You don’t know how long it’ll be before you have that dream job, so it’s important that you’re not running into the red each month and praying you get a full-time position soon. You need to make a sensible budget so that you’re always in the green. Set aside enough money each money for necessities such as food, rent, utilities, and taxes and calculate how much disposable income that leaves. Don’t exceed this amount if you want to avoid going broke. Sacrifice some luxuries if necessary because it should be worth it for the dream job.

Saturday, July 29, 2017

How You Can Financially Prepare Your Teen For Life

financial preparation
Do you remember what it was like to be a teenager and have the whole world laid out at your feet? The excitement of heading off to college and being independent from the parents is something you have longed to experience and when you do, it’s everything you hoped and more. Except for the financial independence. If you have been lucky, you had parents who taught you everything you needed to know about balancing a check book, paying bills and managing your car. If not, well, the real world will have been a huge shock!

Now, you are the parent and financially preparing your teenager for life beyond your house is so vital. Kids grow up quickly these days, and there’s no excuse for ignorance when there is information at the tip of your fingers at all times. You want to be able to foster financial independence in your teenager so that when they do fly off to college, they can feel secure without you to hold the purse strings for them. Of course, there will be times they will need your help. Falling back to you for help getting the right rental insurance or car insurance for teens is going to happen. No matter how old your teenager is, they will look to you for wisdom on these matters and getting them ready for independence doesn’t mean you won’t be there. Financial independence is a very different thing, and it will take some time, but if you want to get your teenager ready for that independence, then you need to follow these six tips to get them there:

Get A Job. As early as possible, you should be encouraging your teenager to get themselves a part time job around their studies. It doesn’t have to be much, but it should be enough to give them a little experience and a great work ethic. If your teenager has to work to get any type of money, then they will learn very quickly the value of the dollar and how to manage their pay to get the things that they want.

Housekeeping. If they are still living in your home, be the bank. Let them manage their money, but take a percentage of it for housekeeping. You can choose to use this for utilities, or do what most parents do and put it into a savings account for them for later on. Having them pay toward their cell phone bill or grocery bill teaches them that nothing in life is coming free. Once they move out, they’ll have to pay much bigger utilities and costs than they do being at home, so teaching them young will condition them earlier.

Credit. While we wouldn’t advise you to turn your teenager to the nearest loan options, credit is a part of life and should be learned about to be respected. This is where you keep the financial reigns on, but encourage slight independence. A credit account with their favourite store is one of the best ways you can help them to learn how to manage. Enforce the fact they will need to pay their balance in full at the end of each month, and you can teach them that credit isn’t to be abused.

Banking. If they get a job, they need a bank account and you should go with them to open one. This teaches your teenager to manage more than the numbers they see on a screen and gives them some independence away from you having to hand them their wages.

Budget. It’s so tempting to blow a whole wage packet in one go – even mature adults have trouble refraining from this one. Teaching your teenager to budget for all their expenses: car insurance, repairs and even their housekeeping, can teach them how to separate a disposable income from their spendable income. Management of the budget is going to help them go a long way when they do finally move out.

Goals. Everyone, no matter how old they are, needs a financial goal. It could be saving for a car or a pair of jeans, but helping them to set goals will encourage them to manage their money properly.

Teenagers are smarter than most adults give them credit for. It’s important that they understand that once they are financially independent from you that doesn’t mean you won’t support them when things go wrong, but it does mean they have to learn how to manage without you.

Friday, July 28, 2017

Here's How Your Car Is Draining Your Finances

money draining
Cars are a necessary part of life these days. But even though so many of us rely so heavily on autos to get around each and every day, they are still extremely expensive. There’s just no way car manufacturers are going to bring down their prices! Unfortunately, these high prices are pricing some low-income families out of owning a car. But it doesn’t have to be like that - there are ways you can make a car affordable, even if you are on a very tight budget! Firstly, you just need to know the various ways cars can drain your finances. Once you are clued up on these, you will be able to sidestep them and make driving much more affordable for you and your family.

Buying New

Your car can be a huge drain on your finances before you even get it home to your garage! And that’s because you buy new. Cars are incredibly costly when they are bought new. Even cheaper models come with very high price tags when they are completely new straight from the manufacturers. If you want to start saving money from day one, you should look into buying a second-hand car. Second-hand cars can still be quite pricey, though, especially if they aren’t too old. But you can get a title loan quote online to help you manage the cost. When you do buy second hand, it’s important that you check the car out thoroughly before you commit to the purchase. Otherwise, you could end up being scammed and ending up with a dodgy vehicle!

Expensive Insurance

Even if you have had your driver’s license for years, you will need to insure yourself in your car. This is a legal obligation, and it is illegal to drive without it. Unfortunately, car insurance can be extremely expensive, but there are a few ways you can reduce the cost. Firstly, you should buy a car that is considered safe to drive. Each car is made with a different engine and other features, and these all affect how the car drives and handles. If they encourage the car to be driven at high speeds, then an insurance company will deem it quite a risky drive. Sports cars are often thought to be fairly high-risk because of their large engines. And if you buy one, you will have to pay some very high insurance premiums. So, to keep the cost of your insurance down, try and find a car that is considered safe. For instance, go for a Honda Jazz or a Toyota Prius.

Reckless Driving

When you are out and about on the road, you need to take your foot off the gas as much as possible. Not only is speedy driving dangerous and putting you at risk of ending up in an accident, but it is also increasing your gas bills. That’s because, the faster you drive, the higher your gas bills will be. Your car consumes a lot of gas when you drive it fast, and the best way to save money while driving is to stick to the speed limits. There are a few other tricks that can help you keep your gas bills down as well. For example, taking any excess weight out of the car. When a car is heavy, it needs to use more gas to go. So removing any large and bulky items can really help to bring down your gas bills.

Leaving The Engine On

If you are waiting around to pick someone up, you shouldn’t leave your car engine running. That is using gas all the time, and will only be wasting money! So, if you are ever waiting around in your car, it’s a good idea to switch off the engine, unless you want to top up your tank every other day! It’s also wise to turn your engine off when you are waiting for ages at traffic lights. In fact, some cars now come with a feature that automatically turns off the engine while the car is stationary. The engine then kicks in again when you push the peddle in. Think that turning the engine off so much isn’t worth it? You’d be surprised! In actual fact, some car manufacturers estimate that drivers can save up to $140 a year if you get out of the habit of leaving your car idle.

As you can see, driving and owning a car don’t have to be so expensive. You just need to know exactly how to prevent them draining your finances!

Thursday, July 27, 2017

Why Failing To Track Your Finances Is Failing Them Altogether

trace your money
When it comes to your finances, you can often feel as if you’ve got complete control over them, or that you’d just rather not look. If you fall in the first camp, there’s probably one thing that you’re doing that the guys in the latter camp aren’t, and that’s tracking your finances. Although you may feel that avoiding the situation will stop you from worrying about it, not knowing what is going on with your money can only be a bad thing. It’s important to keep a close eye on everything if you ever want to improve your financial situation. So, let’s run through a few reasons why you should start to keep track.

To Keep Within Your Means

First of all, keeping track of your finances is the only way that you can learn to stay within your means. If you get into the habit of spending more than what you earn, you may find that you fall drastically into to debt. But, you can certainly stop that spiral from happening by simply knowing what’s going on. When you know what money you get in and how much goes out, you can set yourself spending limits to ensure that your financial situation starts to look up.

To Make Sure Your Income Is Right

Plus, when you think about it, by not keeping a close eye on your finances not only do you not know what you’re spending, but you don’t know what you’re getting in either. Without looking, how do you know that your income is right? When you keep track of the payments going in and out of your financial life, you’ll easily be able to spot when something isn’t right and be able to rectify it right away. When you don’t, you may be getting paid the wrong amount and never even know.

To Pay Your Bills On Time

Likewise, when you track the comings and goings of your financial accounts, you’re able to make sure that you’re paying your bills on time. Missing payments can harm your financial standing, so this point should definitely give you the motivation you need to be able to get yourself back on track and start improving your situation.

To Get What’s Owed To You

Again, when you’re not tracking anything in your financial life, how can you ever be sure that you’re where you need to be. When you lend money, or you’re due payment for selling goods or a service, without checking, you’ll never know that you got the money. Then, you’d have to use a people search or online profiles to find who you’re looking for to track down the money. But when you keep a close eye, you’ll know right away and can do something about it.

To Make Sure You Save

So many of us wish that we could save more. But trying to save more money isn’t something you’re likely to be able to do when you have no idea what’s going on with your finances. To start saving, you need to know what money you have available to put away. So if you’ve ever wanted to have a safety net, now’s the time to start tracking your finances, get money back in order and make good on that savings promise.

Wednesday, July 26, 2017

Dealing with Tough Financial Times

shortage of finance
At some point during most people’s lives, they have to deal with tough financial times. It could be that you run a business that suddenly goes under, you lose your job unexpectedly or the cost of living simply rises to unaffordable levels. Whatever the reason, being ready to deal with these tough circumstances is an invaluable skill to learn. So, it is a good idea to be prepared as you never know when storm clouds are on the horizon. Here are some of the top ways that you can deal with tough financial times that may arise.

Make Saving a Priority

This one is more of a preventative measure, but while times are good, you should be looking to put some money aside every month in case you need it. To start off with, you should focus on clearing off your debt as this can quickly start to mount up over time. Once this is done, you can start saving. Even if this is not a huge amount, the difference between having a few hundred dollars saved and nothing at all is enormous. Learning to live a little more frugally so you can have this money in reserve is an invaluable skill to develop.

Write Out a List of Expenses

It is a good idea for you to write out a list of your monthly expenses so you know exactly how much is going out of your account. You can then divide this up into essential and non-essentials. Once you have made this distinction, it will be much easier to work out what you can cut back on if you need to. Not only this, you can also determine what you are spending right now so you may be able to save more money straight away.

Have a Contingency Plan

Making sure that you have a ‘Plan B’ can really help to put your mind at ease. For example, in the event you lose your job, it is a relief if you have some other means of making money - maybe online through the sharing economy. If you happen to get into an accident or sustain an injury, it is good to have the contact of a law firm like to help you out. Try to think of various different scenarios that may end up befalling you and the ways in which you would respond should they happen.

Build Up Your Social Network

Having a strong support network of people who can help you out with difficult times is a welcome relief. Not only can they help you out directly, but they can also help you out with potential job opportunities and ideas. The more you build up a maintain your social network, the better prepared you will be to deal with unforeseen circumstances.

Dealing with tough financial times is never easy, but all you can do is to be as prepared as possible so you are ready to face them head on.

Tuesday, July 25, 2017

Steel Homes: The Ultimate Property Investment

ultimate investments for home
Whatever the whims of the market, property is still a safe and stable investment. While ‘a foot on the ladder’ is vitally important, it’s important to bear in mind that not all homes represent an equal investment. If you’re building a house to live in or buying to lease, there are few more prudent investments you could make than in a home made from steel.

Steel homes offer much greater return on investment, as well as boasting many unique selling points that are unrivalled by their wood, brick, stone or concrete counterparts. Steel houses are relatively quick and inexpensive to build, yet promise greater protection against environmental damage and natural degradation than virtually any other construction material. Since 50% of new steel worldwide is recycled rather than mined, it’s even better for the environment, too!

Unparalleled versatility

When they hear the term ‘steel house’ many people imagine a menacing looking chrome slab, standing out in the street looking like a silver filling in a row of white teeth, but the chances are, you’ve walked or driven past a great many steel houses and not even realized it. Steel frames and exteriors can be tailored to suit just about any taste and style. Gone are the days when old-fashioned Quonset huts were the industry standard for steel houses. Steel houses are first designed using 3d modelling before being subjected to rigorous testing and approval and finally going into fabrication. The degree of skill and craftsmanship that goes into their construction means that with the help of a knowledgeable architect, the sky’s the limit.

Attractive cost

Every investor wants to get as much for their money as possible and this is greatly facilitated by buying steel properties. Steel homes quicker and easier to assemble, than their brick or wood counterparts, leading to reduced cost for contractors and lower construction lead times. It’s also simply a cheaper material. On average a steel home costs $50-$65 per square foot, making them around 30 percent cheaper than homes made from other materials. It’s durability also means that maintenance costs are virtually non-existent. Moreover, prefabricated steel materials are designed to withstand severe weather and acts of nature, making them cheaper to insure. Since it’s a naturally conductive material, steel will even help to reduce your heating and cooling costs.

Unmatched Safety

Steel’s durability vastly exceeds that of most construction materials, even under the most extreme of circumstances. It rarely needs to be repa ired or maintained, and offers unparalleled protection from extreme weather conditions. Steel constructions are built to last and whatever your circumstances you’ll benefit from knowing that your steel home will last for decades with virtually no maintenance requirements. Rigorous testing has been carried out to determine the durability of construction grade steel. Here are some key findings:
  • Steel buildings can easily tolerate wind speeds of up to 150 miles per hour without incurring any damage structurally or externally.
  • Steel is practically uninhabitable by animals, providing protection from pests, eliminating the risk of termite and rat infestation. It is also highly water resistant, making it impervious to mildew, mold and flood or rain damage.
  • Steel buildings can withstand serious seismic activity, and their outer shell is completely flame retardant.

Monday, July 24, 2017

Is a Holiday Home Rental Really a Good Investment?

dream property investments
Whether you go on vacation at home or abroad, a lot has to be said of staying in rented accommodation over hotels. You get some more flexibility, and it is often cheaper as you can cook for yourself and do your own laundry. So if that is something that you have taken advantage of before, what is stopping you from investing in a holiday home yourself? With the rise of sites like Airbnb, it makes it much easier to market your property than ever before. But is it actually a good investment to make? Here are just a few reasons why they are.

Return on Your Investment

In a day and age where there are many money scandals and scams, having a pretty much foolproof way of investing money is always going to be welcome. As long as you buy in the right area and for the right price, as well as offering it to guests at the right price, you can cover your costs. So do your sums and take your time over the decision. If you do, it will make a massive difference, and you’ll find a way to make it work.

Be Your Own Boss

Depending on where you choose the property, then you have the flexibility of being your own boss. You could even branch out into buying and letting a few holiday homes if they are in an area close by. So for many people, it could be a way that you can get out of the regular nine to five job and work for yourself. 

You’ll Always Have Somewhere For a Vacation

If you have a holiday home, then it means that you will always have somewhere to go to for a vacation. All you will need is travel to cover your expenses, and it means you can get away pretty cheaply. So the best thing to do is choose somewhere that will work at all times of year. Take mountain real estate, for example. It works in summer as a cooler alternative to city life, yet you still get the sunshine. But in winter, you can enjoy things like skiing and winter sports. So if you want to have cheap vacations for life, then a holiday home is for you.

Rise of Business Travelers

With more and more people traveling for business, more and more people are choosing serviced apartments or holiday homes as their accommodation, rather than a hotel. As it means they have more space, as well as means for cooking for themselves, it makes it a popular choice. So when you know there will be people looking to rent your home, then it makes it an easier investment decision to make.

Help Local Community

When visitors to the local area are staying in homes rather than hotels, they are going to get involved in the community. They will be using the local grocery stores and amenities, rather than having everything handed to them in a hotel. So it is a good way to get yourself and others in the community and to give back.

Sunday, July 23, 2017

Importance of Financial Planning at the Age of 25

money planning effects
It’s not easy being 25 – most people are just making the transition to adulthood, settling into their job and trying to propel their dream careers while still having to pay bills. It’s a time of great uncertainty & financial planning is not priority for many. All things in life require planning. A financial plan is just a step by step approach to meet all of your life’s goals taking several factors such as risk appetite and inflation into account.

It is only in their thirties that most people begin actively investing with clear financial goals. Very few start investing is stock market at this age.However, this is an opportunity lost – a costly one too as it is the power of compounding that kicks in with investing as early as 25, if not earlier. The longer your investment term, the more likely you are to reach your financial goal in time. With the power of compounding, not only does the corpus you invest initially give you returns, but the returns you earn are re-invested back into your corpus thereby giving you greater returns in the long term.

It is theoretically possible to build a far bigger corpus if you start financial planning at the age of 25, by setting aside a much smaller portion of your salary & a much lower risk profile. Even if you are not a savvy investor by 25, the importance of financial planning should not be lost on you. In fact, the more you take interest in financial planning, the better you get at it with age.

While preparing a financial plan, you should seek help from a professional financial advisor who can assess your risk appetite and accordingly decide your asset allocation. A good financial advisor will be responsible for the execution and periodic monitoring of the plan so you can focus on taking care of your family and meeting your personal & professional goals. Hence, it is important to understand the importance of a financial plan.

Saturday, July 22, 2017

Benefits of Young Investments

your investments plan
Being young can be an advantage when it comes to financial planning. It means we have enough time to think about our future. However, our day-to-day financial expectations can be overwhelming at times. Some people spend more money than they are able to save. Although this can be tempting when you have many years between now and retirement, it can also be a risky strategy. As young individuals, we tend to have needs that are at times not necessary. We overspend money without thinking of how tomorrow or the future will be. Too much shopping, drinks, partying, etc. How do you tackle this situation if you’re caught in one? Investing is the answer. Investing while you are young can really help you secure your future because instead of spending money aimlessly, you’ll be putting it to great use. Investing brings with it many advantages such as:

Time Advantage

Time has always been a guaranteed advantage taken by any investor because your money has enough time to sit and grow. The longer duration you are able to invest for, the greater the compound interest. Not only does the initial money grow but also the money you’ll be making in the meantime.

Gives You The Opportunity to Take Risks

The younger an investor is, the more he/she can take risks. Compared to individuals reaching retirement and old age, young adults can build aggressive portfolios can stand to produce larger gains.

Take Out A Loan

Taking out a personal loan can be an efficient way to help you invest more. This will in return give rise to your money and generate more for you to pay back in time. According to Moneybanker, many lenders are able to offer generous loans for whatever investment you choose to make depending on how good your credit history is.

Learn from Experience

Young investors have the time to learn more about investing including both its successes and failures. This will give you enough time to learn how to study the markets and improve your investing strategies over the years. It helps you overcome investing mistakes because you’ll have all the time needed to recover from it. This helps you invest carefully without adding on to your mistakes.

The longer you save for your future, the more fruitful the results will be. By investing, you’ll bring yourself better opportunities to increase your pot. Don’t just sit there and wait for age to catch up with you, start investing now.

Wednesday, July 5, 2017

Are Your Bad Habits Costing You Money?

money for bad habits
Everyone picks up a bad habit now and then—it’s completely normal. Using a bit of extra money on entertainment or food that is a little out of your budget is fine as long as you don’t overdo it. Sadly, very few people know the meaning of “enough is enough” and their bad habits will eventually start costing them too much money. But let’s delve into the financial side of bad habits and try to identify what bad habits are costing you too much money.

Living out of your means

If you find yourself constantly buying luxury items, going out to eat all the time and taking a taxi everywhere you go, then you probably live quite a lavish life. Not many people can afford to treat themselves so often, which is why you need to stop and take a look at your budget to see if you’re actually capable of sustaining such a lifestyle. If you’re not, then it’s a bad habit that is costing you far too much money. Make sure you live within your means to avoid debt and spend more money on things that matter, such as your necessary expenses or savings.

Bad driving skills

Going back to driving school or taking a couple of extra lessons won’t harm you. It doesn’t cost much money and it will help increase your confidence and give you a knowledge boost that will make you safer on the road. Negligence or carelessness on the road can end up costing you a lot of legal fees, even if your car is insured. Take care and drive properly. Swallow your pride and take a couple of extra driving lessons so that you don’t run the risk of colliding into others, or else, causing an accident.

Not looking for deals

When you buy something, be it on the internet or in the store, do you ever look for deals? If you don’t look for the best prices available, then chances are you’re wasting a lot of money that could otherwise be saved. For instance, if you own a tablet or smartphone device yet you continue to buy physical copies of books, then consider looking up eBooks and digital versions of magazines instead. If you’re buying in bulk, then take a look at wholesale stores on the internet to see if you can get a better deal. Lastly, make sure you’re actually buying things based on their weight and quantity, not just the price alone.

Coffee habits

How much does a regular cup of coffee cost for you? If you’re paying around $2-3 for a single cup at your local coffee store (a modest price) then you can expect to be paying anywhere from $500 to $780 in a single year on just coffee alone. While that $2-3 price tag doesn’t seem much on a single day, your coffee addiction is costing you a considerable chunk of money each year. Instead of going out to buy coffee, consider making it at work or switching to another drink such as water for more health benefits and savings.

Tuesday, July 4, 2017

Stretch The Budget: House Bargain Tips

money stretching
When you have finally crunched the finances, factored in your moving costs, and got your final figure that you can afford to spend on a new property, the hunt begins. 

This can be a pretty dispiriting time, especially as you find yourself constantly faced with more expensive properties that you would love but just can’t afford. It’s not a pleasant feeling when you feel your budget can’t move and there’s nothing to inspire you that you can afford - so how do you get the absolute most for your money?

Good Neighborhood; Low Price

We all know that where a house is located is as important regarding the purchase price as the actual construction of the property. So perhaps the best suggestion would be to look for lower-priced areas, even if it means sacrificing the things you want in terms of local connections and amenities.

That would work, but it’s always going to feel like a compromise. Instead, look for good neighborhoods such as those on, but that also have more affordable offerings. They do exist; it’s vital you don’t just discount an area because you’re put off by the highest prices of the most expensive properties. Always look for smaller properties that might be able to give you the location that you want, for a price you can afford. 

Time It Right; Make Offers Correctly

The longer that a house has been on the market, the more receptive you will find the owners when it comes to making an offer. 

There is an art to making offers on property that have been on the market for awhile. You will sometimes see advice that suggests you should go in at a low price, but this can actually put the seller’s back up. If you make an offer that is so low to the point of feeling offensive, they’re not going to be receptive to future offers.

Instead, decide what you can afford, then offer around 15% below that. This gives you some room to manoeuvre if they counter-offer, but also should stop the offer being so low that it upsets the seller. You can also be sure that you’re going to be able to afford it should the offer be accepted, so don’t worry about making too high an offer - this is about affordability for you, not just hunting to get a good deal. 

Move At The Right Time Of Year

If you’re able to, try and time your move to coincide with autumn and winter. The property market tends to heat up around spring and summer, as families look to move before the onset of a new school year. If you can be hunting and making offers outside of this peak time, you not only lower the competition for good houses, but you also take advantage of the lower prices. 

At the very least, try and avoid May - according to, it’s the best month for sellers - which mean it’s going to be the most expensive time for buyers!

Monday, July 3, 2017

Mistakes Making A Mountain Of Your Moving Costs

home moving costs
You’ve got the new home, you’ve got the down payment or deposit gone, you’ve finished with conveyancing and agents and all of that lengthy process. Now moving day is coming up and you may feel that your budget is quite tight. You can’t afford an expensive process, so what mistakes do you need to navigate to make sure you avoid that?

Moving absolutely everything

If you haven’t given much thought to what you’re taking with you, you might find that you have many more boxes that you expected to be taking. Simply put, this might be down to the fact you’re taking a lot of unnecessary junk. Take the time to make an inventory of everything in the home and find what you really don’t want or need anymore. Instead of bringing it with you, sell it to make some quick cash that can work against your expenses. If you can’t, then simply donate it (which might earn you a tax cut) or bin it if nothing else works. You’ll have less packing to do, and less stuff to pay to move.

Not knowing what you need in advance

You should have everything itemized and packed long before you talk to any local movers. Once you know exactly how many boxes you have and how much space you’re going to need, you can get into specifics. Rather than asking for estimates, you should be able to get a direct quote based on how many vehicles and what kinds of vehicles you will need to take all your belongings from one location to the next. Make sure you confirm ahead of time that there are no hidden costs involved in any quotes, too.

Not getting what’s there for free

If you haven’t packed yet, then reconsider how you do it. If you get boxes and packing materials from either the moving company or your local supply stores, you’re spending money that might be unnecessary. A lot of businesses such as grocery stores, hardware stores, and the like might have boxes they would otherwise crush and recycle. You can get it free from them. Instead of bubble wrap or packing peanuts, you should consider using paper to pack your boxes. Blankets, sheets, and even old socks can fit just as well. So long as your possessions are well cushioned, the material isn’t the most important thing.

Make the distance

If you’re moving long distance, there are a few ways to prepare in advance. Rather than having the moving company help you unpack and set up all night, extending your costs, just have them bring the boxes in and leave. You can save money and unpack yourself the next day, bringing an overnight bag to spend the night there. If it’s a very long distance and you’re moving your stuff yourself, see if you can stay at a relative’s or a friend’s on the way there instead of having for fork out for a motel.

Moving day can be surprisingly expensive on top of quite a labor. But it doesn’t have to be. The tips above are going to help you prepare in advance not just to budget things but to make the move as painless as possible.

Sunday, July 2, 2017

Setting Up The Logistics In Your Business And Successfully Selling Your Products

success in business
If you’re in the business of selling products to industry and public customers; it’s vital that you ensure you’re able to send the right stock to the right places and in an efficient manner. Therefore your logistics and processes are a key component in your company being run smoothly and successfully. The following are some areas for those who are venturing into a larger scale delivery and supply process, and what things you’ll need to consider when selling your goods.


If your company has expanded and continues to do so, you’ll need to start thinking about a storage space that will house your current stock and has room for the number of products to grow as your business does. An onsite warehouse is often the easiest way to oversee what’s happening with the delivery and storage of your items, so you might want to consider moving your offices to the storage facility when possible.

If you’re unable to work from your distribution center; make sure that it‘s within reach of the business so that somebody can attend should any problems arise. You’ll need to either hire your own team of people to organize the intake, storing, and distribution of goods; or, depending on the size of your business, it might be a smart choice to outsource and employ a specialist company with their own premises.


The transportation of your stock is another vital area of your business when it comes to its success; as a supplier, you’ll need to be on time and consistent with your service, so invest in your truck and drivers wisely. If you’re not hiring a separate team to transport and deliver your goods; you’ll want to brand your vehicles accordingly and ensure that your delivery people are dressed on brand; a professional approach will leave a positive impression with your buyers. You can check out The Ultimate Guide To Branding Your Vehicles for an idea on where to start.

If your products will be traveling interstate and far across the country; setting up bitcoin with credit card for your business might be the option for you, so that your driving staff will be able to complete transactions securely wherever they are on the road. You don’t want to run the risk of company cash floating about as your products go down the highway, so take the proper measures to ensure that each journey is straightforward and safe.


Feedback from your customers and industry buyers is the only way to maintain a high standard of service and to steadily improve, and more importantly, increase your small business. Ensure that you provide an opportunity, for those that you sell to, to explain how they felt about your products, the time it took them to arrive, and the condition they arrived in. If you start to notice any negative patterns emerging; find the source of the problem and deal with it as soon as possible, to ensure that your company doesn’t lose any money.

Implementing regular checks on your staff, the companies you use, and your processes, will ensure that you have a successful business and will have a long and lucrative future in selling goods.

Saturday, July 1, 2017

Credit Score Myths Debunked

score in credit
Our credit score is essentially our license to spend and borrow money. But few us really understand what makes a good credit score or what makes a bad credit score. This has led to many myths being developed. Here we look at these myths and determine which ones are true and which ones are false. 

Your credit score is an actual number

FALSE. A credit score isn’t a fixed grade from 1 to 10 as some of us believe. In fact, when lenders or creditors check our score, they’re simply getting information based on a variety of sources, which then leads them to make their own decision based on the materials available. Because of this your credit score can change depending on the person who checks it. It’s all up to how trusting that person is, and some people may be more trusting than others.

You can’t get loans with bad credit

FALSE. As already mentioned, some lenders are willing to take the risk with low credit score holders. In fact, there are certain installment loans out there that are specifically catered to people with a low credit rating. If you have a low score, target these specific lenders and ignore all others – every time you are rejected a loan this goes on record in your credit history for other lenders to see, and too many rejections could start to put off even the most trusting of lenders.

No credit history can be just as much of an obstacle as a bad credit history

TRUE. Without any history of borrowing, lenders are unable to tell how trustworthy you are. It’s for this reason that banks recommend taking out a credit card and buying small items on it, simply to have some form of credit history.

Getting on the electoral register will improve your score

TRUE. A good credit score isn’t all about how good you are at paying off debts. Hints of fraud can also make lenders wary when checking your credit rating. This could involve having two bank accounts signed to different names, or two bank accounts registered to different addresses. Fraudsters may also often avoid going on the electoral register as this is used for criminal investigations and has details such as your current address and date of birth. Not being on the electoral register, even if you don’t ever plan to vote, could imply to a lender that you are trying to act under the radar and that you could be about to run off to Mexico with any money they lend you.

Your credit history stays with you for life

FALSE. All your early debts and bad decisions involving pay day loans will generally be wiped from records – but not until after six years. This means that by being a good borrower and spender for six years, you could erase any trace of a bad credit history.