Posts Tagged“money”

For most entrepreneurs, financing options are limited to either debt or equity. Weighing the two options at each stage makes all the difference between staying afloat or sinking in the ocean of liquidity challenges. We compare the upside and the downside of these financing options to help you make an enlightened decision. On one hand, debt financing for entrepreneurs who are just starting out attracts high, unaffordable interest rates that drive them under. However, equity financing might bring on board an investor who has a different vision for the company, making it an unhappy marriage driven by bad decisions. There…

January can be a tricky month to navigate financially. We all enjoy the frivolities of the festive period that comes before, spending on gifts, food and nights out on top of our normal monthly outgoings. So, when January hits, many of us struggle to stretch our pay checks to cover the month. Here, we set out some useful tips that will help you to financially survive this January. Set a Budget If you’re worried about your finances this month, setting a budget will keep your spending on track and stop you purchasing things you can’t afford. Start off by calculating…

There are a number of tax advantages accrued to owning a rental real estate. It turns out, many investors don’t understand the tax advantages, such as real estate depreciation. The term real estate depreciation will rarely miss out on real estate investing discussions. What is real estate depreciation? Real estate depreciation refers to an income tax deduction due to depreciation on the value of a property. Essentially, depreciation reduces the amount of income tax paid by a real estate investor. Why is it commonly referred to as “phantom” expense? Well, there is no physical check written hence the term. Investors…

Are there too many times in your life where you let money get in the way of having fun? If the answer is yes, don’t you think it might be time to change this? Far too many individuals let money control their lives on a regular basis. As a result, they end up missing out on some fun things in the process. So, how can you have fun and not break the bank in the process? Look for Deals Along the Way In your efforts to have fun and not let money be the one thing to prevent this, keep…

One of the hardest and most reasonable decisions that you will ever make in your life is to invest in a business. However, you can’t just go putting your money into any venture that comes along. It has to be viable, less risky, and easy to start. You want a business that will make you money, not frustrate you with lengthy application procedures. A business that will collapse after you open it can be due to a lack of proper GDPR compliance, inciting an influx of fines and penalties. Below are some business ventures that you may want to consider…

Are you worried you’re not meeting your full earning potential at your job? If you feel like you’ve reached the limits of what your job can do for you, it may be time to consider a career change. Changing careers is becoming increasingly common, especially with Millennial professionals. There are plenty of reasons for changing careers: boredom, burn out, searching for new growth opportunities, a desire to earn more income, and more. If you’re sick of your day job already, think about how you’ll feel about it a year from now, five years from now, or ten years now. You…

If you are a low-income earner, you probably don’t have an emergency savings fund. When covering the weekly expenses and never-ending bills, it can be a challenge to put some money aside for a rainy day. However, while it might be a struggle, it is worth it to provide your family with a safety net and some peace of mind. Here are five tips that will have you watching your savings blossom: Cut the Interest The first step to building your savings is to eliminate debt. If you have a credit card or high-interest loan, it can be challenging to…

Have you ever dreamed about driving a luxurious Mercedes Benz down the street? But turned yourself down because the price range was out of your league? What if there was a way to acquire a Mercedes Benz at a much lower price while still retaining all the extravagance of the brand? Lucky for you there’s a way to get that Mercedes Benz of your dreams at a much lower cost, while still being in mint condition and completely legal, without complicated paperwork or clauses between the lines. We’re talking about approved used Mercedes Benz. Certified vehicles that are entirely functional…

As jackpots continue to rise, will you someday be the lucky winner? The bigger question might be, what would you do if you won it all? Most people think you don’t have to worry about money once you win the lottery, but that’s not always the case. There are ways you can protect yourself, while still having fun enjoying your newfound fortune. Remain Anonymous  If your state rules allow you to remain anonymous, then you don’t have to broadcast that you’ve just won a jackpot. For one, just think of all the family, friends, and anyone you could possibly come…

  Loans are becoming a need of today’s business and time. The thought of getting a loan has passed by everybody’s mind at some point of time. Usually it is not meticulously thought out yet they have the idea of getting a loan back in their mind. A loan is nothing but a specific amount of money that someone borrows to pay back later. The loan period is set for a particular time and needs to pay back with the interest charge. There are different types of loans like short and long term loans with various benefits attached to it.…