Posts Tagged“finance”

It’s easy to watch your money slip away when you’re trying to transfer it overseas. Plenty of organizations collect taxes on transactions larger than certain amounts, and vendors skim fees off the top of what you’re trying to send. If you’re not careful, you could watch a large chunk of your money disappear in the time it takes to send it abroad. Fortunately, with a little research, it’s possible to reduce the amount of money you lose as it’s transferred across the globe. Look for Services that Collect Flat Fees Image via Flickr by by khrawlings Many banks charge fees as…

The latest and most recent Forex news always affect the buying and selling of currencies. For instance, one of the biggest influences of the foreign exchange market is fluctuations and changes in interest rates. Interest rates change from time to time and without the latest up-to date news about the current rates, a buyer may be at risk in buying and selling the loosing currency or that which would not make a profit. The selling pressure around the Sterling has now intensified, sending GBP/USD to the 1.2230 region. The spot has remained entrenched in the negative territory prompting levels that were…

Anyone who has tallied their income and expenses on a balance sheet will know that there’s a huge difference between having a budget and following one. Once you’ve put aside enough of your paycheck to meet your monthly needs, you don’t always have enough expendable income to cover fun or frivolous purchases or holidays. That doesn’t always mean you’re ready to let those go.But besides saying goodbye to weekly take-out and daily coffee, this also means you don’t have enough disposable income to cover those surprise expenses that you never thought to include in your budget. While you can easily…

There are many people out there who are sitting on large sums of cash, perhaps they have saved all their lives, had a windfall or even have been the beneficiaries of inheritance, what many of these people fail to do however is put that money to work in order to grow it. If you are one of these people then it is time you started thinking about ways in which you can use your money to grow your wealth, you should naturally retain some of your cash for rainy days or emergencies but utilizing the majority of it with the…

Podcast and digital radio have come a long way with over a billion downloads and subscribers on Apple podcasts alone. Podcasts and digital radio is an excellent way to learn more about specific topics such as wealth management. They’re convenient to listen to while driving and easily accessible from your iPod, smart phone, and even your computer. Here is a list of some of the best shows available for streaming right now. BiggerPockets Podcast Rated as the number one real estate podcast on iTunes, the BiggerPockets Podcast is hosted by Josh Dorkin and Brandon Turner who deliver interviews, and tips…

Investing has long been a great way to make your money work for you, if you are sitting on some savings then you should consider what investment opportunities can do for you and your wealth. It may seem a little scary at first, placing your money into what is essentially a gamble, once you get started however you will see that it can be very rewarding. Regardless of whether you have strong knowledge of the markets or not, you can still get started with various forms of investment and look to increase your savings. If investment is something that you’re…

Insufficient funds: it’s a genuine fear of yours as you sign checks and complete online payments. You’ve managed to avoid the NSF message so far by relying on a strategic payment schedule that consists of waiting until payday to settle your debts. When it’s the regular bills that you’ve budgeted for – with consistent due dates – this plan is foolproof. Unfortunately, life has a way of disrupting the status quo just as you start to get comfortable, and an unavoidable charge, renovation, or repair is all it takes to throw you off your game. The addition of an expense…

Photo by CC user Skitterphoto on Pixabay Most parents consider the benefits of leaving an inheritance for their children. It ensures they have a financial cushion and a safety net to fall back on, and may even allow them to make investments of their own, such as buying property. But as any parent who is trying to save money for their children’s future has come to realise, the financial conditions of today are more challenging than ever before. Here are four ways you can help your children become financially stable, instead of passing on financial burdens. Teach Them Financial Discipline In…

There’s no denying that running a household can be expensive. However, the chances are you’re unknowingly overspending on several things, which could be putting your finances under unnecessary strain. So, if your bank balance has seen better days, now’s the time to take control of your spending habits. One of the easiest and most effective ways to save cash is to pinpoint what your home’s biggest costs are and to find ways of cutting them. Here are three areas where you may be wasting money. 1. Home insurance Your home is one your biggest investments, so having insurance really is…