Stocks No Comments

Learning About Money – Must-Read Financial Advice For Students

Whether you’re already a college student or preparing to begin your freshman year later in 2018 doesn’t matter. Taking responsibility in all aspects of your life is essential, not least when it comes to your finances.

Ignoring the need for stability will lead to repercussions that could harm your studies, happiness, and future. Use these five simple tips to stay in control, and you should be just fine.

Earn While You Learn

Regardless of which type of job you want, college is the ideal gateway. However, education alone only ticks some of the boxes. To truly prepare yourself for life in your desired industry, work experience is vital. Paid internships are the perfect way to develop new skills, gain insight that could aid your studies, and meet new contacts. The fact that you’ll be removing some of the financial pressures in the process is simply a bonus. Above all else, this background in the industry will serve you well when seeking future graduate roles.

Build Extra Income Streams

In addition to an internship or paid role elsewhere, you should aim to increase your earnings through alternative methods. Every dollar helps, especially when the efforts won’t impact your studies. Becoming an investor or trader can be a particularly useful solution, although you must accept the potential risks too. Meanwhile, completing surveys or playing esports can help you earn money in a more recreational manner. The options are plentiful, which is why there is no excuse for missing out.

Borrow Wisely

Unless you are lucky enough to secure a scholarship, college tuition fees will hit you hard. For most, borrowing money via a loan is the only viable solution. If you are going to take this route, however, it’s vital that you use a lender that understands the student situation. This Lendkey review shows the importance of choosing a suitable lender while pinpointing the key factors that you’ll need to get right. Aside from the financial rewards of making the right selection, the emotional reassurance can make a world of difference. If nothing else, you’ll be ready to concentrate on your studies.

Spend Money Efficiently 

Accessing funds is great, but it’s important to remember that your finances are far from unlimited. Aside from tuition fees, there are various living costs to consider. Saving money on daily overheads will make a world of difference to your situation. From using coupons with Couponmom to buying used books from past graduates, those savings are key. Meanwhile, it’s always worth asking stores whether they offer staff discounts. When combined with improved lifestyle habits, like trading takeout foods for pre-packed lunches, you will see an impact.

Build Your Credit Score

Budgeting is a vital element for all students, especially with regards to social events and luxury items. Nonetheless, you will find yourself using credit options for some purchases and services. Therefore, finding ways to build your credit score as a student can be the key to seeking better deals. This will follow you into grad life too, which could be crucial in the first year or two of being a fully independent worker. Just remember to avoid bad credit, and dangerous items like store cards, and you should be fine.

Stocks No Comments

Saving Money: Why Moving A Parent Into Your Home Isn’t Such A Bad Idea

Do you remember your old family home? The days spent together watching crummy Saturday night TV, many a Christmas morning spent ripping open presents and the family dinners around the large dining room table. The bricks and mortar where you grew up and spent your youth will always evoke the happiest of memories as you reminisce about the past. However, as you venture further into adulthood, you are only too aware that the twilight years are catching up with your parents. Now you have children yourself, you understand the importance of memory making and providing the best home life for your little ones.

While it may seem like an idea that could disrupt the dynamic of family life, there are some clear advantages to moving an elderly parent into your humble abode. Take a look why this might be worth considering.


Having grandma sell her home to move in with you can revolutionize the family finances. Grandma can contribute to the running of the household including bills, the food shop, and fuel costs. Having sold her home, she will have a tidy nest egg in the bank should her needs warrant extra specialist care that you cannot provide. The great aspect of having an older relative living with you is the rich experience they can provide for your kids. Yes, you can save money on childminding costs, but they can also tell the most wonderful stories and engage your kids with history and the past.


There often comes a point in your life when you will have to decide where your parent should live. Should they come and live with you or should you locate a care home for them to reside? If they remain within your four walls, you will have to balance the pros and cons of having another body within the home. Do you have enough space? Can you ensure that they get the care they need? If the answer to these questions is ‘yes’, then you may find that you can generate a new and better family dynamic within the home.

You may have concerns about physical abuse in a nursing home which may lead you to feeling wary about suggesting such a place to your mom or dad. However, with careful vetting and visits to any potential nursing home, you should get a feel for the ethos and atmosphere of the place. It’s vital that your parent is comfortable should they be moving to a residence away from their closest family. If they need round the clock medical care, you may not be able to provide it.

Pooling Resources

If your current dwelling isn’t older person friendly or you are struggling to find extra space, you may want to consider pooling resources. If your mom or dad has sold their humble abode, you could do the same. Then, by putting your nest eggs together, you may be able to find a bigger and more suitable property that fits the requirements for the entire family. This might mean living in a better area, having some more outside space and even having a separate annexe for your elderly relative so they can still maintain some of their independence.

Family Dynamics

Having someone else living with you, even if they are a parent that you love unconditionally, can take some getting used to. You will inevitably have rules within your house that need to be heeded. Smoking, drinking and noise levels need to be considered by everyone living within your four walls. A grandparent may naturally dote on their grandchildren, but this doesn’t mean spoiling them or pandering to their every want. You will need to make this clear to your mom or dad before you end up with a nightmare family dynamic.

It’s vital that your parent maintains their social circle and is able to keep in contact with their friends. Even if you live miles away, you need to make the effort to accommodate their social and emotional needs. At the same time, they will also need to give you space if you are hosting a function, soiree or dinner party. The give and take in these situations must go both ways.

Initially, the idea of having an elderly parent move in with you could be motivated by finances. However, other social, emotional and physical aspects need to be considered for the set up to be worthwhile. Fundamentally, everyone needs to benefit from this move, and it’s up to you and your family to weight up the advantages and disadvantages for all involved.

Stocks No Comments

Get Out Of The House: Tips For Expanding Your Home Business

New technology has changed the way that people do business and it’s easier than ever for anybody to start their own business from home with relatively little investment. As long as you can afford to manufacture products, there are plenty of great online platforms where you can sell them, but it comes with limitations. There is only so far you can go when you’re running your business from home and there comes a point when you simply can’t expand anymore. When you hit that point, you need to move the business outside of the home. Expanding a business can be tricky and if you aren’t careful, all of your hard work will be for nothing. To make sure that you maintain your success, here are some tips for moving your business outside of the home.


Funding is going to be your biggest challenge because, while your running costs were relatively low when you were operating out of your house, you’re suddenly going to be spending a lot more once you expand. You have to pay for more employees, an office to house them and more expensive marketing campaigns. Finding that extra money means that you’ll probably have to borrow from investors, but there are other ways. If you’ve been running an online business, you’re probably already using Paypal to take online payments but did you know they also offer help to small businesses? The working capital scheme offers financial help, as well as advice, to help small businesses get off the ground. They’re particularly good if you don’t have a great financial history because they don’t perform credit checks. They also offer a quick turnaround so you won’t be waiting ages for the money.

Consider New Products

When you were selling on a small scale, one or two products is fine. But once you start to expand, customers will expect more variety. It’s a good way to reach more customers as well as inspire repeat business from your existing customer base. When you’re trying to come up with new product ideas, you need to identify what the major selling point of your existing product is, then use that in other similar products.

Hire A Marketing Professional

Expanding outside the home and establishing yourself as a larger company means you’ll be facing more competition. It’s easy to compete on a small scale by using social media marketing alone if you’re just selling a few things on the side, but you’re in a different league now. If you want to compete with larger companies, you need a more coherent, professional marketing strategy and you’ll need somebody with experience to implement it for you. Hiring a seasoned marketing executive is vital if you’re going to make the jump from home business to big company.

The main thing to remember when you’re trying to move your business out of the home is that it’s a completely different game. All of the cheap marketing solutions and limited product lines are fine for a small side business, but if you want to take it full time, you need to start thinking bigger.

Stocks No Comments

Smart and Surprising Ways to Save More Money

From new clothes and vacations to birthday celebrations, it seems like there are almost endless opportunities to spend money, and too few to save. However, that isn’t really the case, and you can save more money than you spend if you get your priorities straight and you do some of the following smart and surprising things to save you more money…

Get an App

Sometimes, saving more money can be as simple as downloading an app. Mint, for example, is an excellent app which allows you to keep track of your spending, savings and even investments, so you know where you’re at and what you can do to save more. It is also really good at helping you to stay on budget.

Fix Your Credit Score

Why should you fix your credit score? Because the higher your score is, the easier it will be for you to access lower interest home and car loans, for example. If you need to access these sources of ‘good debt’ then you’ll benefit from a good score.

How can I fix my credit? You can do numerous things from settling old debts to paying all of your credit cards, loans and bills on time. It really depends on what your current situation is, but make sure you do what needs to be done because it can be of huge benefit to your life.

Buy Produce in Season

Want to save money on your groceries? You can save a surprising amount of money by simply buying fruits and vegetables when they are in season. Because they are more plentiful, they tend to be cheaper and have a longer shelf life than out of season foods, which means you can save money on two fronts.

Take Out a Loan

How does taking out a loan save you money? When it’s a debt consolidation loan to clear your debts and lower the amount of interest you have to pay annually. If you have various debts, it is definitely worth looking into such a loan because not only can it save you money, but it can make managing your finances a whole lot easier too.

Be a Little Risky

I know a lot of people are hesitant to risk any of the money they have earned, but really investing in stocks, shares, commodities or even real estate is a pretty smart way to save more money, not least because, if you play it smart it will increase your capital by a little, or hopefully a lot.If you don’t know where to start with investing, ask a financial adviser to help you out. If you tell them you’re pretty risk-averse, they won’t advise you to do anything too scary.

Switch to Streaming

A lot of people are surprised when they hear that they can get a number of streaming accounts, including Netflix, Hulu and Amazon Video for a fraction of the cost of cable, making it a smart and surprising way to save more money. It’s also one that doesn’t see you losing out on anything.

What are your top tips for saving more money?

Stocks No Comments

The Guide To A Cost-Effective House Move

Moving house is a costly affair, and you likely don’t need to be told that if you’ve already given it some thought or done research into the matter. Of course, if you have to leave your current home for whatever reason then you probably feel backed into a corner. There’s no way to avoid spending a fortune on moving house, right? Well, not necessarily. Yes, it’s going to cost you money, no matter what you do, but there are ways to ease the financial burden. Here’s the guide to a more cost-effective house move.

Upsell your current home.

The best way to make your house move as cost-effective as possible is to build up as many funds as possible towards the process. And seeing as you’ll be moving from one home to another, the most valuable asset you’ll have to sell is your old home. You should be aiming to make as much money as possible from the sale of your current house so as to increase your “house move fund”. Get into the mindset of a property developer, and think of ways to increase the value of your current home. You could move your belongings to storage before you move so that you can give your house a minimalistic design. If you remove signs that the property has been “lived in” then buyers are more likely to see themselves living there. Spaciousness and minimalism are timeless and effective design features.

Sift through your belongings.

The best way to have a cost-effect house move is to sift through your belongings so as to cut down the number of things you’ll be bringing with you. You’ve probably built up a cluttered collection of personal possessions over the years, but do you really want to keep all of these things? Dragging your clutter to your new home isn’t a good way to start. You should look through your belongings and throw out anything you don’t want or need anymore. If you sell anything of value then you can raise money that could go towards easing the cost of the rest of the house move.

Additionally, decluttering your house will make moving easier. That way, when you look into movers to help you transport your belongings, it’ll be a simpler and more cost-effective process (quotes are based on how many things need to be moved). This explains the process of hiring a particular moving company. You’ll most likely need help from professionals because you don’t want to damage or lose any of your possessions whilst moving to your new home. Whatever your situation, the fewer things you own, the less stressful the whole process will be.

Cut ties with providers before you move.

Obviously, you can’t give up electricity or water before you’ve moved house because those are essentials. However, you should aim to cancel the service for your landline, WiFi, or cable a couple of weeks prior to moving because it takes a while for such services to cancel. You don’t want to waste money by paying certain bills for a couple more weeks when you’re no longer living in the old house. Anything you can live without (say goodbye to YouTube for two weeks) should be canceled. You might not save a lot of money, but it’s something.

Stocks No Comments

Debt Management — There Is Help out There in Regards to It

Debt management is pivotal for those that do in fact suffer with debt, there are no doubts about that. But, there is no doubt that there is help out there in regards to debt management, too. To see where some of this help comes from, make sure to read on.

Debt management companies

Of course, the first and best help to turn to when it comes to debt management are professional debt management companies. What such a company would offer you is professional and educated advice on the matter of drawing up a debt management plan that will help you to clean yourself of the debts that you are currently saddled with. This plan could mean you paying back a small sum of the debts you owe each month, or a big sum. It could mean paying back the same amount of money each month, or varying sums. Or it could mean anything else at all. The point is, when you work alongside a debt management company when drawing up the plan, you will be able to be sure that you will be choosing the right options and taking the right paths in your quest to live a debt-free life.

Debt consolidation companies

Debt consolidation is the act of bundling all of your debts together and into one basket and then paying them off in one lump sum, and it is an action that you are recommended to take. It is recommended that you take such an action because it will make it far easier for you to keep a track of your debt expenditure and ultimately pay off all of your debts in the safest way possible due to the fact that different bills won’t be going out at different times of the month. So, get in touch with a debt consolidation company today, pay all of your bills out tomorrow, and have the rest of the month to sort your debts out without interruption!

The government

Your government, no matter what you may think about it (particularly those that govern it) will always be able to help you fight any financial fiascos that you face in life. And, the one way in which it will be able to do so in regards to any debts that you are saddled with is the way it will be able to offer you debt relief grants. What such a grant would do is provide you with the upfront cost required to acquire professional debt relief assistance, meaning you would not have to fork up the money for it yourself. And, once paid for, the assistance you would receive in relation to debt relief would see you well on your way to beating your debts. So, your government isn’t all that bad!

If you want to protect your financial future then you should be doing all you can today to manage your debts in order to, someday soon, beat them once and for all.

Stocks No Comments

Techie Ways To Make Trading Easier

A lot of folks think that trading on the stock market is only for those will to do the blue coat and get into the bear pit at Wall Street. They see it as an elite activity, not something that anyone can do. But with lots of technical developments in recent years, it is becoming more and more accessible and easy to do. Read on to find out more.

Learn your craft

First of all, it is necessary to realize that trading is a skilled activity. That doesn’t mean that you can’t do it, it just means that you have to learn about what you are doing before you jump in with your own money.

There are several ways to do this. The first is using the internet to get information on how each different market work. The better you know the market you are trading in, the easier it will be for you to make the quick decisions that trading requires of you.

The second is to get some experience in before you start to trade with real money. You can do this by opening a practice account either online or through a mobile app. This lets you make the investment decisions with pretend capital. So you can really get a sense of how things work with minimal risk.

Do you research

Next, you can make trading a lot easier by doing your research and due diligence on the companies and markets that you are looking to invest in. Remember knowledge is power in this equation, and it’s important to seek out objective advice and recommendations on particular markets and businesses. Luckily there is a wealth of this on the internet.

Of course, you do have to be careful not to cross the line into insider trading. Something that is seen as highly unethical in the stock trade and can land you in a whole heap of trouble.

Keep in the loop

Next, to trade in stock, you need to have your finger on the pulse. To do this effectively, you will need to do a few things.

Firstly, ensure that you have an active line of communication to your trading business. To do this get a separate line for your trading phone calls, so you never miss any. Also, check the reliability of your phone and internet connection and providers, as any delay however small, can mean the difference between profit and loss.

You can even speed up the way you receive your paper post by getting a virtual PO box. A surprisingly cheap way to stay in the loop. Investigate some of the best price postal box options, as services like this will allow your mail to be scanned and then sent to you via an Android or iPhone app. So you always have the information that you need, even when you are on the go.

Use IT to help

Lastly, you can also make trading on the stock market easier by using app or program to help you keep track of your investment and the markets.

They provide a dashboard so you can see everything easily all in one go, and some of them have recently started offering these service without a transaction fee. Making things cheaper as well as simpler.

Stocks No Comments

Ditch The Glitch: Business Mistakes No Modern Company Can Make

One of the biggest faux pas a business can commit in the 21st century is to be behind the times. The moment your company gives off an air of not quite being up to date; its finger just slightly off the pulse, can be the beginning of the end. Modern consumers are ruthless. They are also offered a variety of options at every turn, so if they sense you’re not keeping up, then they’re more than happy to decamp elsewhere.

There are a few signs that can make customers nervous about just how future-proof your business is. They might only seem small to you – innocuous, bordering on the point of being irrelevant – but they can be interpreted in worrying ways by your customers. To ensure you’re keeping pace with the cut and thrust of the modern business world, you need to be absolutely certain to avoid the following catastrophes that can signal doom…

1) IT Failures 

Yes, computers are difficult, temperamental machines that will occasionally pitch a fit that will have the entire office screaming at them. Sometimes, things will go wrong – that’s inevitable. Most companies utilize so much tech these days, it’s a wonder we don’t lose more productivity as a business community every day.

So while your customers are likely to be able to acknowledge the inevitability of tech problems, what they won’t be able to move past is a poor response to those issues. If someone has to call three times to get an order made, they’re not going to call back a fourth time. They’re going to go to another business who has an IT support company and sufficient workaround models to cover themselves for any problems.

In the event that your tech does let you down, what you do next is crucial to deciding how your company will be perceived. Are you quick to a solution, back up and running within a few hours? Or do you dawdle, seemingly creeping further behind the times with each passing minute?

2) Poor Social Media

You need business accounts for all of the major social networks: Twitter, Facebook, and Instagram. There are others to consider, but those are the major ones you need to get ticked off.

You then need to ensure that you are using them. Think of it from a customer’s point of view. They find a new company – your company. You have something that would be of use to them. They want to order but, as a savvy 21st-century customer, they know to check the company out first. They head to your Twitter, where they find a few solitary Tweets from 2012. It’s not a good impression.

You don’t have to be updating your social media constantly; every couple of days with brief news about what the company is up to will suffice. Anything to prevent giving the impression that you setup the accounts as you knew you should, but you’ve yet to actually figure out how to use them.

3) Antiquated Practices  

There are few things that can let a company down quite like doing things that are now becoming antiquated. What falls into this category?

  • Not accepting credit and debit cards, at the very least. In the next couple of years, you can also add not being able to accept payments from phones or contactless cards onto this list – though these haven’t quite become essentially mainstream as of the time of writing.
  • If you sell items online, then you should be offering to pay the cost of any returns. Customers have become used to online companies offering free returns, to the point they will be extremely skeptical about buying from a company that doesn’t offer free returns. Being able to afford this should be structured directly into your pricing strategy.
  • Being out of contact. If your customers or clients have a problem, they’re going to want to talk to you about it – and they’re going to want to do it quickly. You can’t just throw up an “out of office” email or ignore messages beeping on social media. With a modern company, you have to be willing to be able to respond to any issues within 24 hours. Anything else just looks old-fashioned, quaint in a way, but definitely not something many customers will be willing to deal with.

There is little doubt that when it comes to keeping up with modern business trends, you have no choice: you keep up, or your business will fail. On the upside, taking care of all of the above will inevitably means your business runs better too – and who can resist the idea of that?

Stocks No Comments

What To Know About Investing in Bonds

Bonds make up the largest securities market in the world, and this is an area that provides extensive opportunities and options. There are some definitive advantages to investing in bonds. Some of the benefits of bonds include the fact that they have less volatility than stocks in most cases, but if you’re looking for significant returns, you’re better off going with a riskier investment strategy, because bonds tend to underperform most stocks over the long-term.

Bonds are often favored by older investors and people who are nearing retirement because they allow them to preserve capital and earn regular income, but for younger investors, they might go another route to earn more capital.

Along with these factors, the following are some important things to know about investing in bonds.

What Is a Bond?

A bond is a loan made by the holder to the issuer. Usually, bonds are issued by governmental organizations, corporations, and municipalities to get capital when they need it. If you’re an investor buying a government-issued bond, you’re essentially providing a loan to the government, and the same goes for buying a corporate bond.

You earn money because as with any loan, the borrower is paying interest as they repay the loan. The principal has to be repaid by a certain time, which is known as its maturity date.

The Role of Interest Rates

Interest rates play a significant role in the bond market. Recently there has been a lot of attention placed on the Federal Reserve, in particular, because of their likelihood to raise interest rates in the coming year, possibly several times.

Investors should realize that this can impact their bonds. The price of bonds tend to go up when interest rates fall, and the prices go down with rates go up. There’s an inverse relationship, so a portfolio made up of primarily bonds could be impacted by rising interest rates.

Municipal Bonds

One of the most popular types of bonds to invest in are municipal bonds. Municipal bonds are issued by state and local governments, and these loans are usually obtained by these governmental bodies to finance construction projects and deliver services.

One of the primary benefits of municipal bonds is that they have higher interest rates than U.S. treasuries, and they also have a pretty low level of risk associated with them.

Another advantage of municipal bonds are the tax benefits they carry. These bonds are exempt from federal income tax, and if you’re a resident of the issuing state, also state and local taxes.

Despite the many advantages of municipal bonds, there is a risk that comes with the potential for local governments to default on their loans if they see a decline in tax revenue.

Credit Quality

Another factor that can impact the price of bonds is the credit quality it carries. Credit ratings are assigned to the borrower of the bond, and they range from AAA to C. If there is a higher likelihood that an issuer is going to default, they’ll receive a lower rating.

Investing in bonds can be part of a larger portfolio strategy to balance risk, although it’s not necessarily the best option for younger investors who want to grow their wealth, and is more advisable for older investors who are getting close to retirement or who are in retirement.

Stocks No Comments

Stocks and Shares: Crucial Advice for the Novice Trader

Trading stocks and investing can be difficult to get into. There are plenty of guides and tips online, and you could attend classes to study for it, but they can never prepare you for the real-world situations that occur on a daily basis for traders around the globe. To get you started, here are some tips that are proven to help improve your success and turn your curiosity into a job you can do from home.

Don’t Trade With Money You Can’t Afford

It sounds like a gambling tip, but it applies to trading as well. Never trade with money that you can’t afford, and never take big risks that you can’t afford to take. Always set aside money that you’ll keep for your retirement or another goal, and use a smaller amount of money to deal with trades and investments.

You should never make huge gambles when trading. Always focus on small trades and always pull out when a situation looks dire. A successful trader gains income not by making huge investments with a lot of pay, but by knowing when to pull out of a losing battle. Always set an amount of money for the day and never go beyond it. You need to be disciplined and you need to work up the ladder slowly, never take great strides and don’t treat it like gambling.

Quality vs Quantity

Make sure to concentrate on a few stocks at a time. You don’t need to own hundreds of cheap stocks that you can’t keep track of. Instead, you should focus on safe investments that have a high chance of giving a good return. Never bite off more than you can chew, and always stay on top of your investments.

Once you’re comfortable with trading and you can keep tabs on multiple stocks, you can start to take on bigger investments and start to reel in more profits on a daily basis.

Be Patient

Income from trading has to be accumulated over a long period of time. You can’t expect to start trading and make huge profits like you do in gambling. Focus on small and profitable trades, and make sure they are safe low-risk trades. If you want to invest in a risky trade, then don’t pour all of your money into it and treat it like an all-in bet.

Experience is also a major factor when it comes to trading. You shouldn’t hate yourself for failing to a make profit after the first week or if you invested into a trade you thought was safe but ended up going bad. Learn from your experiences, and stay motivated. There are many websites where you can look at other people’s experiences, such as The Fortunate Investor. You can learn from professionals that have made trading their main source of income, and the insight they offer is invaluable to your success.

Relax and Take Care of Yourself

Trading can be stressful just like any other job. In fact, when it’s your personal money on the line, it can be even more demanding than your regular day job. Make sure to stay healthy, exercise regularly, eat proper meals, and always prioritise your health over the job. Your money can come and go, but your health will always stick with you.