Author: James Paul
Credit card balance transfers refer to the act of transferring the outstanding balance of one of your credit cards into another card with a lower interest rate. Pretty simple concept, right? Many people think of balance transfers as very beneficial in their attempt to reduce their monthly payments and get themselves out of debt. Which it can be. However, it’s not always a positive step. Just like most debt reduction plans, it will work for some situations, but not others. So consider all the benefits and drawbacks before you use balance transfer as your debt reduction strategy. First, you should…
Finding a financial adviser is a big step, and there’s no “one size fits all” option. Your own specific set of needs and criteria will determine the best FA for you, but do you really know what you’re looking for? When it comes to selecting a financial adviser, there are some questions you should ask yourself to ensure you’re connecting with the right person for the job. Handling the finances isn’t everyone’s cup of tea. Some need help while others can handle it on their own. No matter what your requirements are, a good financial advisor can always help you.…
Buy to let was coined as a term in the UK in 1995, but the practice of taking out mortgages on a property with the express intention of privately letting it had existed for some time before then. The 1988 Housing Act introduced ‘assured shorthold tenancies’ and overrode much of the legislation contained in the Rent Act eleven years earlier, reducing security of tenure for tenants and removing many restrictions on landlords. The prospect of becoming a landlord became more attractive and the number of buy to let mortgages has since increased significantly. Lending peaked between 2006 and 2008, but…
Some people will avoid this subject like the plague, but planning ahead is often the most financially responsible decision you can make. Many people may think their life insurance policies are enough to cover these final expenses. This is not always the case, and planning ahead spares bereaved families from dealing with minute details. Many people may not feel comfortable making these plans ahead of time, but try to keep in mind that getting all of these arrangements planned actually gives families a little peace of mind. Not having to worry about final expenses takes a lot of stress out…
You’ve stopped answering your phone. You’ve cut it off even. You just can’t take the creditors telling you that you owe them more money. What will you do? How do you even start discussing debt settlement negotiations if someone harassing and nagging you time and over again?! Well, there is a way to handle such negotiations. While most people are unaware of how to negotiate with creditors and deal with those harassing calls, let me tell you that it is quite easy to handle that. And if politeness doesn’t work, you can also take legal steps to deal with the…
With the increase in the number of online businesses, the demand for logistics solutions has taken a huge leap. With the big brands outsourcing their logistics services, it has turned into one of the largest revenue generating industries. With this being said, the same companies are on their way to reducing transportation costs while maintaining the efficacy of their services to customers and clients. The reason why reducing transportation costs and cutting down logistic expenses is highlighted to this extent is because transportation is actually one area of a supply chain management environment that can be controlled in a feasible…
The Forex market is where people trade different currencies. In terms of sheer size, it is by far the biggest market in the world. That means there are lots of different opportunities for investors with money to spend. Of course, there is always going to be a level of risk involved in any currency bet, but those who educate themselves properly tend to do rather well. In this post, we’re going to highlight some of the top reasons you should get involved with that market today. Don’t worry if you don’t have any previous experience because we’re going to keep…
If you are getting married and don’t have money for paying for it then a wedding loan can cover your expenses. Or it can get you in some serious debt. Wedding loans aren’t like the proper loans. It only exists in the paper. What you do is take out a personal loan and use it for anything you need like your wedding. In one hand, it’s a great way to fund your dream wedding. On the other hand, it can add to your existing debt and strain your finances. Like everything else, wedding loans too, have some benefits and disadvantages.…
Being a parent is not only difficult, but it’s also expensive. You must always focus on how to save money and try to adapt to a reasonable lifestyle. Saving money is not all that difficult if you think wisely before spending. You can save a huge amount by the end of the year if you follow these 20 hacks for saving money regardless of the number of children you have: Daily Necessities Families spend a huge amount on groceries and other daily commodities, most of which are impulsive and unnecessary. Use these tips next time you think of going grocery…
Preparing for retirement is something that almost everyone worries about, but a lot of people aren’t saving enough. For some, it’s not possible to save or invest enough money for their future, but others just leave it too late. You need to start thinking about your retirement savings as soon as possible to ensure that you’ll have enough to live on. By the time you retire, the cost of living may have risen, and you could have put away much less than you need to retire for 20 years or more. If you’re making a plan for retirement, think about…