Five Ideas to Finance a Small Business

Do you have a brilliant idea you’d like to transform into a small business? Intimidated by the prospect of financing your endeavor? It’s perfectly understandable, but the path toward transforming your idea into a reality may be less daunting than it seems. Whether you explore self-funding, assistance from family members, a small business loan, crowdfunding, or outside investment, it is important to know the costs and benefits from the outset. In this article, we will discover some of the finance options available to entrepreneurs embarking upon the business adventure, and the unique features of each.

Small Business

Use personal savings

A simple method of funding a small business is to utilize your own personal savings. Of course, this depends entirely on your individual situation; your safety net is there for a reason, and it is not sensible to funnel all of your savings into an untested business idea. However, if you have a sizeable fund available, and the start-up costs of your business do not make a critical impact upon it, using your savings can be a good decision. The complications of involving an outside investor are entirely removed; the entrepreneur retains complete creative control, makes all of the business decisions, and is not accountable to anyone else should the idea not be successful. And if the business is a success, the sole investor will not need to issue a dividend to anyone else. This method is not without risk, but if circumstances permit, it is certainly the most straightforward.

Involve friends and family

If you are fortunate enough to have a family member or good friend with the resources available to make an investment, it is certainly worth approaching them for assistance. As with any investment agreement, you will need to set the terms before any money changes hands. You will also need to ensure that business dealings will not put a strain on personal relationships, and vice versa. That said, involving people who already know you, and wish to see you do well, can be a great way to fund your small business.  

Take out a loan

If you’re looking to retain complete creative control, whilst avoiding use of your savings or the resources of a friend or family member, consider a small business loan. You will be accountable to the lender, but this method is much more straightforward than seeking an outside investor. Learn more about small business loans today.


Connecting with small financiers on a large scale has never been easier! There are several websites which allow you to present your business idea and secure investment online. You will still be liable to your investors, but instead of a monetary dividend, you can offer an alternative such as a free product or discount.

Find an investor

Outside investment is still a good option if you do not have the funds independently. The financial risk is taken by the investor, and terms are decided prior to any agreement. An investor may wish to have involvement in business decisions, but you can negotiate this in advance. Consider the amount of control you will need to retain before you approach an investor, and make sure both parties are reaching a good deal.

A Clean Bill Of Health? Fighting Hospital Fees

For every single one of us who pays for healthcare, being hit with a massive hospital bill is an extremely stressful thing to undergo, not least after being put under duress with illness. There have been cases of people hit with massive bills running into six figures! Having to negotiate a cheaper hospital bill is as stressful as going to a hospital in the first place, but because of there being so many cases being highlighted online, it may help to keep hospital prices more competitive and therefore help you to negotiate a lower bill. Luckily now there are more ways to negotiate a bill if you ask. So how can you do this?

A Clean Bill Of Health

Look For Errors

By going over the bill with a fine tooth comb, you may notice overcharges or glaring errors. For example, if you are discharged in the morning you may have been charged for a full daily room rate for that date. In addition, if you brough your own medication with you, you need to make sure that you weren’t charged for them, which happens quite a lot. Also, it's worth disputing any fees for everyday supplies, such as sheets or gowns, as they should be considered in the overall hospital room charge rather than as an additional cost.

Is It Worth Hiring A Professional?

A lot of people may feel better by doing this, but you need to bear in mind the costs involved such as expert fees, or if you bring in a patient billing advocate or medical billing advocate, they may charge you an incredibly high amount. Of course, it depends on the circumstances involved. There are a considerably high amount of medical malpractice lawsuits doing the rounds now but even having these professionals on board means a high amount of stress and pressure. Look at civil litigation attorneys like Benedict Morelli, they take on medical malpractice lawsuits for people like the chef paralyzed in the Amtrak Crash in 2015. And while these cases are incredibly high profile you need to consider whether these injustices are worth your time. Remember that attorneys charge 30% of the savings they achieve, so if you really are considering going down the legal route you need to weigh up the pros and cons and whether it's worth your while at all.

Alternative Methods Of Fundraising

As this is, unfortunately, a very common situation, a lot of people that pay hospital bills have resorted to crowdfunding websites as a last ditch attempt to raise money. And, yes, there are many high profile cases, but it's important to be sensitive in this respect as you can see many crowd funding campaigns online where the patient is critically ill. So you may want to consider your own personal situation when it comes to paying for hospital bill,s especially as a lot more hospitals are now open to a payment plan.

As hospital costs are the bane of many people's lives, it can be a struggle to get out of debt when faced with a massive bill from a healthcare authority, but there are various options for you when faced with this type of issue.

Is It Smart to Invest in Things You Have No Idea About?

When you’re sitting on a pile of money that you have no idea what to do with, chances are you’re probably going to turn to investments. Investing is a far better method of growing your wealth than letting it rot in a savings account. As you can probably imagine, letting it grow with tiny interest rates is not going to make you rich, and it’s far better to invest your money in something that has a chance of giving you larger returns than something that has steadily but almost negligible growth.

Investing for Dummies

If you’re starting out with investments, then you’ve probably read a couple of guides. Perhaps you’ve even read a beginner’s guide to investing which gave you plenty of ideas to work with. However, until you actually put your own money on the line, you’re never going to experience what it’s actually like to invest money.


There are plenty of trading websites that let you open up a starting account with “fake” money. With this money, you can start trading, investing and essentially play it like a game. But that’s where the main problem lies: it’s a game. You’re not investing your own money, there is no emotional attachment and there are no repercussions for losing your money. In short, it’s basically virtual gambling.

If you’re serious about investing, then you need to put your own money on the line. Not only does this prepare you for larger investments in the future, but it also gives you real-world experience that is invaluable for several reasons.

Investing When You Have No Clue What You’re Doing

Let’s face it, just because you have some clue about ranches, it doesn’t suddenly make you an expert on the topic. Sure, maybe you’re great at cooking, but do you really know how to invest in a restaurant and make it work? Overconfidence will ruin investors, so it’s important to understand your place in the world of investments. Don’t go into something you have no idea about—build a strategy instead.

First, take a look at popular investment ventures. Biotechnology is a growing field that is receiving a lot of attention, and even the world of electronic sports is picking up traction. Next, look towards knowledgeable figureheads such as Jim Plante to learn more about the fields. In this case, learning from already successful investors in certain fields will give you an upper hand against the competition and teach you many valuable lessons that could only be learned through painful trial and error.

Final Words

So is it really smart to invest in something new that you’re not sure about? To a certain extent, yes. If you’re confident that you know about an industry and you’re willing to put your money where your mouth is, then stop right this instant. Anyone who goes into investments with an ego is going to get burned and will suffer incredible losses. Be humble, learn from experts and take it easy so you can learn as you go along.

Employee Perks: Just How Vital Are They?

By law, employers are not required to offer employee perks (or benefits as they are also known), they are however required to offer a certain wage dependant on age. However, just because there is no law that states that businesses should have to offer their employees perks, that doesn’t mean that they are unnecessary. 

The fact is that as a business owner, you most probably want to save as much money as possible, after all every business has a budget to stick to. However, if you value your team of employees, it is also important to ensure that they are happy and content in their roles, because if they are not, they will leave and find work elsewhere. 

Employee Perks

The majority of employers offer their team members perks because it helps to ensure that they remain loyal to them in the long-term. A vital part of running a successful business is being able to attract and retain employees, which offering benefits can help you to do. Bearing that in mind, the question is: how vital are employee benefits and what makes them so useful?

When people feel valued, they work harder 

Studies have shown that when team members feel valued, they tend to be more productive. This means that they work harder and get more done. Feeling valued by an employer makes people want to work harder to impress their boss, so as not to let them down. Whether you choose to offer your team dental and health insurance or perks like an on-site gym or bar, these benefits can encourage your employees to work that little bit harder. When a team member feels valued, they tend to push themselves more. 

Employees are often happy to accept perks instead of a higher salary 

Perks can often be a great way to reduce the salary rates that new team members or employees being promoted ask for. Sometimes you aren’t able to increase a team members salary, but you do have the means to offer them a range of benefits instead, such as health, life and dental insurance, additional annual leave, or a range of sought-after on-site facilities. If it isn’t affordable to raise a team member’s salary, but you want to ensure that they know how valued they are, offering them certain benefits can be the answer to doing that. 

Perks make retaining employees easier 

It isn’t always easy to retain employees for the long-term, especially when there are other companies offering competitive packages. However, by offering a range of benefits to your team members, you can make holding onto them easier. This is especially true if you choose to get creative and offer some perks that few other companies offer, such as dress down Fridays, free breakfasts, pizza night once a week, and pet-friendly working environments. When it comes to the perks that you offer, the more creative you can be, the better. 

The fact is that employee perks are a vital part of running a prosperous business that is able to get its hands on the best talent in the area and retain the team that it already has in place.

Sensible Money Choices That Will Allow Your Family Finances To Flourish

Whether we like it or not, being in a secure financial position is essential to the happiness and well-being of our families. Without money; our homes, vehicles, quality of life, and even our futures can be at risk. So, what can we do to ensure that our finances flourish when we have a family to take care of? Read on to find out. 

Credit cards 

Credit cards are a useful tool in the family finance arsenal. They can provide a buffer in emergency situations, and can be a great way of buying big ticket items. As there is a greater level of comeback and insurance when purchasing something through these services. 

credit cards

However, credit cards aren't all positive, as getting behind with the debt you owe on them can be seriously damaging to your family finances. As when you miss a payment, it affects your credit score, and your credit score is the thing that companies use to decide whether to grant you more credit or a loan. It basically indicates to them whether you are worth taking a risk on. So if you score is low, because you've had credit problems in the past this can affect anything that takes this figure into account. Including things as vital as serious as being accepted for a mortgage. 

That is why, if you are concerned about your credit score it's a sensible choice to visit sites like to get some help. As there you can find information on the actions, you can take to raise your score back up again. 


Mortgages are something that many families have to pay out for. They can often be the largest single expense per month as well. That means getting them right it's vital to ensure that your family finances flourish. 


So, shop around using sites like for mortgages before you agree to one, to ensure that you have the best deal. This may be in the form of a low APR, or you may prefer a fixed rate mortgage, something that is explained in detail at Basically, it’s one that will allow you to know exactly what to budget for each and every month. Making keeping on top of the family finances much easier. 


As the post at suggests, it's always a good time to think about how your retirement plans fit into the family differences. This is because the earlier you can start to save for when you no longer work, the easier it will be to accumulate enough for a comfortable life. 

Many folks choose to pay into a pension scheme in preparation for their retirement, although it can seem like a large chunk of the family budget on a month to month basis. However, it is worth doing because it ensures that your future is taken care of. That means if at all possible try and avoid the temptation to stop paying into your pension to fund other things such as providing the kids with tuition fees, or capital to buy a property with. As it's all too easy for this money to be used up and never reclaimed, leaving you unable to flourish financially later on.

Finding A Way Out Of A Financial Tangle

According to a survey by the American Psychological Society, money is our greatest worry. Most of us go through hard times when it’s a struggle to get from one payday to the next, but if you find yourself in a financial tangle, there are usually ways out. If you’re worried about money, these helpful hacks may come in useful.

Financial Tangle

Determining the extent of the problem

One of the main reasons we get into debt in the first place is failing to keep an eye on our finances. If you’re one of those people who never checks their account online or leaves bank statements unopened, now is the time to change. You’ll never really be able to get to grips with your finances if you don’t keep track of what you’re spending, how much you’re earning and what’s going in and out of your accounts. It’s very easy to be an ostrich and bury your head in the sand, especially if you’re worried about credit card debts, but it’s so important to take that step and find out the extent of the problem. Check every balance, write down some figures, and get a clearer picture of how much you’ve borrowed, how much you owe and who you need to pay. 

Seeking advice

If you have debts, which you’re able to pay back, do this as soon as possible. If you’ve got savings tucked away, and you’re wasting money paying off interest on a credit card or loan, use your rainy day fund to clear your debts. Once you’ve got a clean slate, you can start saving again. If you have outstanding payments that you can’t cover, now is the time to seek professional advice. There are ways of dealing with debt and advisers can help you go through the options. Companies like South Tulsa Bankruptcy Lawyers provide tailored advice, which will help you to understand what’s going on and enable you to start taking steps in the right direction. If you’re sat at home dreading the phone ringing or another bill landing on the doormat, you’re just going to become more anxious. Speak to somebody about your situation, and you can start moving forwards. 

Taking control of spending

If you’re in debt or you’re spending more than you’re earning, it’s essential to take control as quickly as possible. We all have months that are a little more indulgent than others, for example, if we book a vacation, but if there’s a deficit every month, this will soon add up. Set a budget, work out what you have available to spend, and ask yourself if you really need everything you plan to buy. Cut back on luxury items, and try and find ways to reduce your monthly outgoings. Comparing prices on utilities, insurance premiums, and TV and phone packages online is a quick and easy way to save money, for example. 

Are your finances in a mess? Do you feel trapped? If you’re in a financial tangle, now is the time to take action. There is help available, and there are ways out.

Investing In A Ranch Has Its Benefits But Also Risks

Owning your own ranch can come with enormous benefits. According to the New York Times, ranch life caters for Americans’ unquenchable desire for freedom and space, providing them with a patch of land that they can truly call their own.


But if you don’t know the ins-and-outs of what you’re doing when investing in a ranch, you can also put yourself at increased financial risk. Here are some of the things you need to do before committing.

Get To Know The Neighbours

Any real estate investment can be derailed if the neighbors are problematic. As a result, it’s best to get to know them first so that you know there won’t be any trouble if you decide to sell the ranch on in the future. Working with neighbors on a ranch is essential, especially for things like mending broken fences and working out who has rights to which mineral deposits.

Check For Mineral Rights

Investing in the property on top of a ranch is one thing, but some deals don’t give you the right to own the minerals under the ground as well. In fact, your property rights can be so weak that there’s nothing you can do to stop commercial operations from moving onto your land and drilling for oil. It’s a good idea, therefore, to choose a ranch that has rights both above and below the ground. If you’re not sure, check with your lawyer.

Look For Ranches With Recreational Value

Why do people love to live on ranches? Because they provide them with the space they want for outdoor pursuits. However, when it comes to recreational potential, not all ranches are created equal. Some have a plethora of stunning natural features, forests, mountainsides, and lakes, while others are little more than acre after acre of monocropping.  It’s a good idea, therefore, to view information at RMA Brokers and other professionals in the industry to see whether the ranch you’re buying has recreational potential. If it does, then it’s more likely to appreciate in value.

Ranch house

Get The Soil Tested

Even if you don’t plan on living on your ranch, it’s still prudent for investors to get the soil tested anyway. Why? The answer is simple: contaminated water dramatically reduces the value of the land itself, affecting the resale value. Contaminated land is also dangerous for human health, and something you want to avoid if you plan on letting the ranch out to holiday makers or permanent residents.

Check Water Rights

Some buyers want to know whether a ranch has water rights, especially if they plan on using it to rear animals. As a result, it’s crucial to make sure that you have what’s called “senior water rights.” If you don’t have these rights, then somebody else further upstream may be able to charge you for using water on the ranch, making it less valuable to buyers in the long run when you come to resell. Buying water for irrigation could make farming on the land economically infeasible, limited buyers to recreational customers only.

Sold! Your Guide To Successful Property Investment

Property is often considered a safe bet when it comes to investing money and turning over a profit. The reality is that people will always need somewhere to live, and even though the market can be tumultuous, if you make the right calls at the right time, you should be able to make money from bricks and mortar. It’s not easy to make a successful career out of investing in property, but if you get it right, this can be a very lucrative path. If you’re thinking of investing in your first property or you’re on the lookout for a new addition to your portfolio, this guide should prove useful. 

Property Investment

Setting a budget

Nobody should go into property investment without a budget. It can be very dangerous to start looking at brochures, making appointments and attending auctions without having accurate figures to hand. As a potential buyer, you should know exactly how much you can afford to spend on the project. If you’re buying a house or an apartment in pristine condition, it’s relatively easy to set a budget and stick to it. If you’re thinking of buying a fixer-upper or you’re interested in buying a plot of land and building on it, the process becomes much more complex. The initial purchase fee is likely to be significantly lower than the projected total cost. If you are taking on renovation work, make sure you have detailed quotes, and you have an accurate prediction in mind before you agree to buy so that you can determine if the project is viable and get an idea of how much money you could make. When you’re investing in property, it’s always beneficial to bear in mind that you’re not going to make money overnight. It could be months, even years before the venture pays off, so don’t bite off more than you can chew.

Researching your target market

When you buy an investment property, you should always bear your target market in mind. When you’re looking for a new home, you need to have that emotional attachment and that feeling when you walk through the door. With a house or condo you plan to let or sell, you need to prioritize your head over your heart and think only about the people you want to get through the door when you sell or rent out the property. Do some research to find out more about that specific group of people. How much are they willing to spend? What kinds of features are they looking for? What would make them choose one property over another? Once you have this information, you can tailor your search, and your chances of selling or finding a tenant quickly should be much higher.


Choosing the right property

When you know how much you have to spend and the type of buyer or tenant you’re looking for, you should be able to pinpoint the kind of property you’re looking for. If you’re hoping to make money, there are lots of considerations to mull over, including the location, the size, the price and any stand-out features that give that property the wow factor. If you’re going for the luxury market, what could you buy that would seal the deal on the spot? A property with a sea view or a ranch that offers the chance to go fishing in the front garden or boating on a lake is more likely to catch the eye than a standard detached home in an exclusive neighborhood. If you’re looking for inspiration or you’re keen to see what’s out there, visit to have a look at some unique properties. If you’re aiming for a family market, keep your eyes peeled for properties that offer something different, as well as satisfying the usual checklist. You could look for a split-level garden with an area for the kids or a basement playroom or games room for teenagers, for example. 

Paying the right price

Investing in property is only lucrative if you buy and sell at the right price. If you purchase a property, but it’s too expensive for your target market, you’re going to struggle to sell it, and you may have to lower the asking price. When you’re considering options, have a good look at what other properties in the area have sold for in the past and make sure the realtor’s valuation is fair. If you think the price is too high, don’t be afraid to negotiate. If you put in a low offer, it may be rejected, but there is a chance that it could be accepted. If you don’t ask, you won’t know. You can always increase the offer. If you’re bidding against other buyers, and you want to get a house off the market and you’re sure that it will sell for a profit, you may need to act quickly, but don’t lose sight of your budget. The more you spend, the lower the profit margin. 

Dodging pitfalls

Some of the world’s richest people have made their money from buying and selling property, but it’s no walk in the park. There are lots of pitfalls out there, and there are plenty of people who have tried and failed. Look out for red herrings and warning signs. If this is your first foray into the world of property, this page is worth a read Avoid properties that have been on the market for a long time and those that require extensive work unless you are confident that you can make that property saleable without spending a fortune. Research locations and find out more about the local area before you buy. Check details of building developments and planning restrictions, and always get quotes for building work before you buy if you plan to take on a project. 

If you’re keen to invest in property, there are lots of factors to consider before you sign any contracts or put up sold signs. Research the area, get to know your target market, and spend time finding the perfect property. Beware of red flag signs, stick to your budget, and don’t rush into making decisions.

Life After Graduation: Becoming Financially Independent

College life was a blast. You made tons of new friends, enjoyed partying at the weekends and worked hard to achieve your degree. As the weeks crept ever closer to graduation day, you started to get nervous, sweat dripped from your brow, and mild palpitations started. The sudden realization that you’d no longer be protected by the college campus and that you’d have to venture out into the big wide world dawned on you. You don’t have a job yet, you have nowhere to live, and you are lumbered, like most students, with a whole host of debts.


The situation seems pretty hopeless and to get on an even keel financially, socially and emotionally seems like a mammoth task, but it can be done. Thousands of college grads every year make a success of their transition into the real world. Take a look at these tips to help you thrive in your newfound independence.

Be Realistic

It can be soul destroying to realize that your major in philosophy will have very little bearing on the sort of graduate role you may end up doing. You could make a beeline for the world of banking, investments or pensions. If a financial career sounds like a chore, maybe the highly pressured environment of advertising or marketing is more your thing. Be clear about your career choice, check out and start applying for jobs. The sooner you obtain your first graduate position, the sooner you can begin earning a wage and thinking how best to utilize your monthly paycheck.


That first monthly wage will appear in your bank account, and there will be a temptation to splash out and spend it. Don’t. Start as you mean to go on and set up a monthly budget detailing all of your outgoings. This way, you can work out how much disposable income you have.

Life After Graduation

Like most college graduates, you may have an array of student loans that are hanging around your neck. Now that you are earning a wage, you can begin to chip away at the debt to achieve a sense of financial freedom. Take a look at a site like that explains how you can combine your multiple student loans into one single payment each month. By doing this, you are making your financial budgeting simpler while decreasing your level of debt each month. Don’t put off paying back loans. The quicker you can get rid of them, the quicker you can think about using your money for investments or savings.

Showing financial discipline now will pay off in the long run and can see you venturing onto the property ladder quicker or having more disposable income to travel and socialize.

The Future

Although it may seem like eons away, you will eventually retire from the world of work. While it may seem strange to consider this concept before you have even begun your career, the sooner you make provisions for your retirement, the sooner you can start putting money into a pensions savings pot. You will no longer have access to the bank of mum and dad and need to start getting all of your finances in order.

After graduating from college, assess and reflect on your financial situation and take steps to address your debt and future savings. By doing this, you will achieve your much longed for financial freedom.

Why More Is Less When It Comes To Debt

Debt is bad, right? Well, that is what the majority of people think and it reflects in their financial choices. Let’s face it – people want out of debt as soon as possible. One thing they never consider is increasing the amount. Why would they? It’s madness! However, the truth is that there is a case to say that more is less regarding debt. There will be people who don’t agree and think it’s nonsense. But, for those who are curious, you can find the reasons why below. Just keep an open mind. 

more money

Consolidation Has Its Benefits

One of the main ways to increase your debt is to apply for a consolidation loan. Although companies say the amount stays the same or decreases, the reality is different. Due to the longer terms of the loan agreement, people end up paying more in the long-term. Now that you know this, it might put you off consolidating your debts altogether. However, the estimated loan amounts on might change your mind. After all, it is better to pay back more in the long-term if you can’t keep up with the current payment schedule. Also, it is possible to find an unsecured loan which doesn’t put your assets at risk. 

It’s Good Debt

Yes, there is such a thing as good and bad debt. Bad debt is an amount which you can’t afford or which doesn’t have an end goal in sight. An expensive vacation is a prime example. But, good debt is the complete opposite. Think about a mortgage for a moment. Borrowing hundreds of thousands in credit seems like a bad move, but you end up with a valuable asset at the end of the agreement. And, the property should increase in value over the course of the contract. In this case, having a lot of debt isn’t a bad thing whatsoever. 

You Might Never Pay It Back

There are lots of people who take out a loan and don’t pay off the full amount. No, they are not irreprehensible people: they are students. In a lot of countries across the world, student loans are financed by the government. Individuals in the UK, for instance, get a loan from the and only pay it back when they earn a certain amount. Even when they reach the threshold, the repayments are minimal and have little effect on the person’s finances. Depending on your country of birth, you might be able to exploit this situation. 

It’s Boosts Your Credit Score

The way the system works is that it wants you to be in debt. points out how an individual needs debt if they want to get a credit rating in the first place. This might appear rigged, but it is the way credit works around the world. What’s a positive is that you don’t have to pay it all back to boost your score. As long as you manage the minimum payments, it shows the lender you are responsible. Even with a high debt percentage, the lowest amount per month is very small. 

As you can see, low levels of debt are not always advantageous.

Making Money From Your Real Estate Investments: A Simple Process

If you’re looking to top up your income and maybe even stop working altogether, you might have considered investing in real estate. Making smart real estate investments can be one of the most lucrative ways to make a living. By investing in multiple properties over time, you may find that you build up enough income to stop working, and to live life on your terms. This simple process will help you to get started in the daunting world of real estate! 

Less Risk Than Other Investments

You’ll be pleased to know that investing in real estate offers less risk than with stocks, shares, and many other investments. Providing you have a tenant in place, you will be able to meet your payments and it won’t matter about the state of the market. You will simply have your repayments taken care of. If you don’t have a tenant, you will need to cover these yourself. While this can be annoying, it’s still better than what can happen to you if you get a margin call from your stocks. 

Real Estate Investment

A minor change in stocks could mean losing everything. You may be able to buy stocks worth much more than what you have to pay, but it’s possible to receive something called a  ‘margin call’ later on down the line if the stocks drop, and your accounts will be cleared. What seems worse to you, having your accounts cleared or being responsible for the payments of your property until you find another tenant

The Multiple Ways You Can Earn With Real Estate

There are multiple ways you can earn with real estate too, not just with your rental income.
You can earn by buying low and then increasing the value of the property, before selling for more than you paid. You can also try selling high. One thing many landlords prefer is renting smaller units. This way, you can charge more to singles than if one family was renting one place. 

Home Appreciation

Whether you’re looking at buying an older home or a newer home, you depend on home appreciation for it to make you any money in the future. You need to be smart about where you buy your property for it to appreciate. Not only will the location make a huge difference to how it appreciates, such as the mountain town properties you can see here; - it’ll make a difference to the sort of tenants you have too. Who do you want to have to deal with? If you want to deal with people who won’t be any trouble, then you need to make sure you buy in a nice area and price it accordingly. How you furnish your place makes a big difference too. As somebody investing in property, you should always look to add value where possible. 

Property Management

Will you manage your property yourself or not? This can become increasingly difficult if you purchase multiple properties. You can look at property managers to help you with this, and they’re worth the fee if you don’t have time to take care of them yourself. 

Targeting Flats/Apartments

The market is different everywhere, and the type of property you buy will depend on who you want to work with. However, targeting flats/apartments can be a seriously smart move. You’ll usually target young professionals, singles, and couples this way. This often means that you won’t have to worry about pets or children too much. If you can find a 2 bedroom, 2 bathroom apartment, it’s better for flexibility. Having a diverse portfolio is best, however, just like with stocks and shares. 

Having Patience

Investing and making money from property is a long term thing. You absolutely must have patience if you’re going to make money from it in the long run. If you rush things, you may feel boxed into a corner with few choices to make. You should never put yourself in a position where you feel forced to sell. Find the perfect property, and take the same steps again and again and eventually, you’ll be financially free

Making money from your real estate investments is simple enough; you just need to be prepared to take your time, choose the right properties, and play the long game so you can start making as much money as possible. There are many people out there who are property millionaires, and there’s no reason you can’t be too. Be patient, be smart, and the results you want will come!

Considering bankruptcy? Consider this instead

It’s a situation that many people know all too well. Rising credit card debt, insurmountable interest on student loans, monthly mortgage and car payments, all with the never-ending cost of basic necessities such as food and clothing. And, if these financial stressors are compounded by a layoff at work or an injury at home, it can seem like the bills will never stop coming. With no idea what else to do, and with bank accounts quickly depleting, many people decide simply to declare bankruptcy. Bankruptcy wreaks havoc on people’s lives, both in the present through the loss of assets such as homes, but also in the future through severe damage to credit score. But, before you decide to pull the trigger on bankruptcy, you should know that there are other options available to you. 

Considering bankruptcy

Increasingly, many Canadians who otherwise might have declared bankruptcy are filing consumer proposals instead. A consumer proposal does not eliminate your debt, but rather is a settlement or compromise with your creditors. The conditions and terms of consumer proposals vary from person to person, as they arranged between the debtor and the creditor(s). In all cases, though, a consumer proposal is a compromise between the amount of money actually owed and the amount of money that the creditors would receive if the debtor declared bankruptcy. This means that your creditors win by getting more money than they would have gotten if you declared bankruptcy. And, you win by reducing the amount of money that you owe to your creditors. Keep in mind that you will still have to pay back the amount that you agree to with your creditors, The new debt must be paid on a previously agreed-upon schedule, with regular payments and a set final due date. In most parts of Canada, the agreed-upon amount must be paid within no more than five years. 

The biggest benefit of a consumer proposal over a bankruptcy declaration is that you are able to keep your assets, such as your home or your vehicles. Because you will not have declared bankruptcy, but instead reached an agreement with your creditors, your assets cannot be seized. But, just as with a bankruptcy declaration, the stressful and irritating calls from your creditors will be eliminated, and you will be well on your way to resolving your debt

If a consumer proposal sounds like it might be the right option for you, it’s best to hire legal help to act as an intermediary between yourself and your creditors. This will ensure that you receive the best possible compromise with your creditors, and that the terms of the agreement allow you to continue living your life while also resolving your debt.

If your financial situation seems like too much for you to handle, bankruptcy isn’t your only option. Visit for more information on consumer proposals, and to find out if a consumer proposal is the best solution for your financial situation.

5 Health Insurance Mistakes You Shouldn't Make

While being one of the most expensive (but necessary) agreements to buy, health insurance from somewhere like one of the health insurance companies in jacksonville fl can also be one of the most confusing things for most people. Your health plan is highly likely to cost you a lot if you don't understand the certain insurance terms and tricks.

Health Insurance

Studies have shown that many people in the United States do not understand (or poorly understand) most of the rules included in their medical insurance. It significantly impacts their ability to pay for health care. Even worse, it can lead to unnecessary penalties and fees.

Here are 5 most common mistakes people make when choosing a health insurance plan.

1. Don’t check the drugs list

Make sure to check the medical plan’s list of medication if you're taking medication to see if it is covered or not. If it is not, try to find a reasonable alternative by consulting your doctor. It's also possible to find it out online, as the majority of plan’s medication lists are posted on their official websites. But beware, though. Those lists could be incomplete.

2. Focus on monthly insurance bill only

When picking a health plan, most people only take into consideration the cost of the monthly bill. In fact, this cost presents a premium, which is not the only cost when needing medical care. Bear in mind that there will also be other costs once you face that deductible. For example, you may meet co-pays for lab tests or doctor visits, as well as co-insurance that includes the out-of-pocket cost of health care.

3. Don’t check if their doctor is in-network

Try to find out whether your doctor is included in your plan’s network or not. That has a great impact on your wallet since a doctor who doesn't participate with your plan’s network is pretty costly in most cases. To avoid additional expenses, always check network status of your doctor before choosing him. It could be a daunting task to find 'in-network doctor' today, but it's worth effort.

4. Assume they are covered by default

Once they get an insurance coverage, most people presume they are ready to go for any health care. However, they don't know that each health plan has the particular limits on the offered services. So, what to do? You are advised to check if the medical care is covered by your insurance plan before making an appointment with a doctor. In addition, you should clarify what costs are going to be paid through your insurance. You can either contact your insurer or read your policy to check your insurance coverage.

5. Pay their bills too soon

You will be provided with an explanation of benefits (EOB) after your doctor’s visit. It shows a variety of important info, such as the cost of your doctor's visit, the services you got, and money your insurer paid. Do not rush with payment when you receive a bill from your doctor. It's much smarter to hold it off until you get your EOB. This way you will cut down on your bill and check if your insurer paid the portion he is responsible for.

Go shopping for health insurance with these five things on your mind. That will help you avoid costly mistakes and select the insurance plan that best meets your needs. Check out Health Plus Insurance and find the best deal for you!

Warning! Feasible Ways You Can Boost Your Income For The Future

We could all do with a little more money behind us. Perhaps saved away in a savings account, invested in property or even just some extra funds each month for extra luxuries like holidays, etc. However, for most of us, we are stuck on a fixed income each month, and once those bills are paid, there may be little left for all the finer things in life. But, it doesn’t have to be this way. I thought Ia would share with you some of the feasible ways you can boost your income to help towards your future. I hope it helps you to feel inspired. 

Boost Your Income

It all starts with current outgoings

One of the first things you need to do is consider your current outgoings. Get yourself a warm drink and sit down with your last three months bank statements and look at every debit from your account. You may be surprised to find that you are paying out for things such as magazine subscriptions, gym memberships or other payments for things you thought you had cancelled. Sometimes these small amounts go unnoticed, but they can all mount up. You might also want to look at your regular payments like energy bills and see if any other companies will offer you a cheaper deal. This action alone can boost your income. 

Create a smartphone application

We always hear about smartphone application success stories. The person that imagined a game from their bedroom and developed it to make millions. The application that people can’t live without. But the long and short is it is that you could create one yourself. You need an idea, of course, and time to develop, and perhaps some investment for developers accounts, etc. But thankfully, there is a guide to SDLC phases to help you navigate some of the background of the software and development needed. But it can be done, and if you have the light bulb idea, it could be something to pursue. 

Create a website or blog and monetise it

If you like the idea of using a digital platform to earn some extra money then monetising a website or blog, whether starting from scratch or one that you already have, could be a great idea to boost your income. There are many avenues to consider such as affiliate marketing, sponsored content and advertising campaigns. People who have done this have gone onto making six figures from their websites and blogs, so it is definitely a feasible option.  

create a blog

Be proactive with side hustles

Side hustles can be a mixture of things to bring in various amounts of extra income. It might be filling out surveys online or completing mystery shops. It could even be online methods such as website or application testing. Having a few different options always means your income stream is open. 

Get decluttering your home for an instant boost

Finally, consider looking around your home and decluttering some of the items you no longer want or need. It might be something electrical that you have already replaced, or just have some items that can boost your income. Websites like eBay offer a great facility to rid yourself of unwanted items for cash. 

I hope this helps you to boost your income for the future.

Financial Preparation: How to Cover Everything When Your Monthly Income Varies

It’s easy to pay all of your bills when you have a secure and regular income, but if the amount you earn each month varies, it can be difficult to stay on track. There are more people working for themselves than ever before, whether as a full-time job or to earn an additional income on the side. So, how do you stay on budget when you don’t know what’s coming in?

tight monthly budget

Look at What You've Earned

The best way to create a budget is to look at what you've been earning for the past year. Although your income may have varied each month, you should be able to come up with an average monthly figure that will balance out your income for the year. If you want to budget month by month instead of per annum, look at what you earned this time last year, take all of your monthly bills into account and figure out how much you’ll have leftover or how much extra you’ll need to earn to meet your requirements.

Write Out Your Expenses

If your income varies dramatically, there may be months where you’re unable to make the money you need to pay all of your bills. In this case, you’ll need to create a list of your expenses and prioritise them. When you’re only able to pay a few of your bills, you’ll need to pay the most important ones first. For example, your rent is a high priority but your Netflix payment is one you can afford to miss. When your next payment comes, do your best to pay any bills you’ve missed so you don’t fall into debt.

Expect the Worst, Hope for the Best

When you have a job that pays well some months and pays poorly other months, saving is the key. It’s important to save as much of your money as possible for unforeseeable events. This could be anything, from being unable to pay a bill one month, to needing Rawa Law Group because of a car accident the next month. It’s impossible to know what the future will bring, so some financial planning is a must. It’s best to expect the worst but hope for the best so you’re always prepared.

Review Your Income

The longer you have a varied income, the better you’ll become at predicting how much you’ll earn. For example, you may earn more during the Christmas holidays when everyone is shopping for loved ones, or you may earn more during the Summer because your job is seasonal. Whatever the conditions, learn to spot the similarities in your income. When you do, you’ll be able to recognise when you’re likely to earn more than usual and when you might struggle. You can then plan accordingly.

Plan for Additional Expenses

There may be times when you have to spend extra money, perhaps for a family member’s birthday or extra travelling you need to do. Try your best to put aside money for these things in advance, so you don’t have to take large chunks out of your monthly budget.

Covering everything with a varied income can be difficult but with a bit of organisation it is possible.

Tips & Tricks For Achieving Financial Freedom After College

Most students leave college with a huge amount of debt around their shoulders. In many instances, they won’t have to start paying it back until they find a job. However, it can take years to clear the balance and achieve financial freedom. With that in mind, people in that position need to research the subject and read as much advice as possible. Contrary to popular belief, there are lots of ways that anyone can reach their goal if they think outside of the box. Achieving financial freedom is a fantastic thing because it allows individuals to create a better life and take advantage of more opportunities. So, consider some of the tips and tricks below. 

student debt

Consolidate the debt into one manageable payment 

There are lots of specialists out there that focus their efforts on consolidating private student loans these days. So, it’s just a case of checking the market and identifying the best companies for the job. Taking that path is an excellent move because it helps to simplify the situation. The experts will work out a deal that means the graduate only has to pay one affordable monthly bill. That contributes towards removing any chance of the individual missing payments and getting late charges. Considering that, everyone who leaves college should think about taking that step as soon as possible. 

Pay more than the minimum amount each month

When people pay loan or credit card debt, they have the option to send a minimum payment. Lots of folks do that because it helps them to limit their reductions in cash flow. However, it’s a terrible move because individuals who follow that strategy will spend years trying to clear the debt. In most instances, it’s sensible to pay as much as possible from the balance every month. Adding a new dollars here and there will make a massive difference after a couple of years. People who only pay the minimum amount will:
  • Maintain their debt for longer than they should.
  • Pay higher rates of interest on the money they owe.

Consider making careful investments to build capital

At some point, all graduates will find a job and start earning a salary. How they spend their income could have an impact on their debt situations. For instance, there are lots of ways in which anyone can invest capital for profit these days if they’re intelligent. Trading on the stock market is a little hit and miss without the right expertise. However, anyone can put their money in precious metals or property for the best results. Hopefully, the individual will make a decent profit, and they can then use that cash to clear the balance of all their student debts. 

Other ideas people might want to consider include starting a business and living with parents instead of renting property. The latter concept is a wise move because it will mean the individual has more spare cash at the end of each month. Whatever readers decide to do, just be sure to create a plan and set some goals. The last thing anyone wants is to still have a student debt around their shoulders in their forties.

Portfolio Scouting For Luxury Property Investment Opportunities

The buy to let business is a hot potato in the current climate as society is shifting from a home owning aspirational generation is seeming more and more far-fetched. Young professionals who are thinking of or have just, started a family is looking to rent homes instead of buying the real estate outright. This has lead to an influx of interest for savvy investors who are using this knowledge to buy up cheap properties and form contracts for long-term renting. However, the other market that’s opposite this is the luxury real estate market for affluent, successful professionals who are of the older generation. This customer wants to travel and rent out, villas and luxury homes for many months at a time, while also willing to pay large fees to do so. Building up your portfolio of these kinds of properties will give you a stable and rich source of income, with very little downside as the demand is steadily increasing year by year.  


Should you get involved?

You may be wondering what the benefits are of getting involved in this kind of investment scheme or strategy. There are many advantages to luxury homes that are bought to let, as you can earn a stable income, from clients that are wealthy. Their credit scores are more than likely going to pan out as high and reliable. You’ll also be entering into a market that is wide and varied, with many different types of homes you can invest in, as well as many different techniques for getting involved, with builders and luxury real estate contractors, willing to take on partners for new properties. Renting in all forms is rising throughout the developed world as the population is increasing and people are living longer. Affluent individuals are willing to rent in exclusive neighborhoods to both live in and avoid large cities. This gives you a lot of flexibility in choosing the location as well as the amount of space and customized amenities to offer. 

Buy-to-let mortgages

The market needs to keep in pace and competitive with the needs of the global economy. In order to do so, buy-to-let mortgage rates are at record-low levels, as this will incentivize investors to compete with landlords across the world. You’re more likely to be able to stay in line with any future tax hikes as a result. This could not be a more ideal time to take advantage of the luxury property market, with willing renters, and the financial system geared toward low-interest rates. These are the right circumstances to expand on your portfolio or start one. You don’t need the money to buy the property, as the buy-to-let mortgage rates allow investors to rent at rates that actually make a profit while the investor is making payments in tandem. 

Global customer market

International customers represent a sudden spike in the market that has shown itself to be consistent for a number of years now. Wealthy oligarchs, international businessmen, rich aristocracy types are willing to travel the world to find their ultimate luxury pad. The domestic market within developed countries can be relied upon, but foreign customers have shown themselves to be willing to pay higher prices. A lot of the luxury properties in and around capital cities, as well as the countryside,  are prime target locations for those looking to explore a foreign land, while also, shop, be seen by the paparazzi, and mingle with other members of the rich and famous class. There is no shortage of rich, ready and willing, individuals who want to rent a luxury property without the baggage of owning and maintaining it.  

The types to invest in

The country villa, in a hot, sun-kissed country is perhaps the most popular and sought-after property many rich and famous people want to rent, either for summer vacations or to host parties. However, the countryside manors and mansions have proven themselves to be just as popular such as the Coldwell Banker mountain properties. These kinds of properties revel in the fact that, they offer seclusion, privacy, the utmost opulence and absolutely splendid panoramic scenic views. Such specialists have been discreetly serving very influential and successful people. Mediterranean mansions are great for those who wish to be close to the sea. Italian, Spanish, Greek and Turkish mansions along the coastline are marvelous investment opportunities as the weather is consistently delightful, and so is the view. 

swimming pool

Inspect with your own eyes

Before signing on the dotted line, perform a few due diligence tasks by visiting the property in person, and not relying on HD photos. You’ve got to get a vibe of the property you’re going to be investing in, so you should inspect the property’s key aspects. If it has a pool, check the water is of high-quality and regularly cleaned. The same should be done for the fountains and ponds. Check the structure of these systems, so there are no cracks or hazardous erosion points. The lawns should be healthy and without patches of dead grass and plants. If there are, this is a clear sign the property hasn’t been maintained in good condition. 

Inquire whether or not there will be services of a gardener that can come and keep the property tidy. Customers will want to relax outside, and in turn, there should be adequate landscape lighting, which contours the entire property around, 360 degrees. One of the most important needs for customers is for professionals and sophisticated security and surveillance systems working around the clock. You might find it better to hire a professional specialized home inspector who can rate all the aspects you want to be inspected for quality with regards to condition, and modern practices. 

The luxury home market has experienced remarkable growth over the last several years. It's clear to see the demand is high while the supply, is steadily decreasing. Large luxury homes take a long time to design and build, so you should get in on the action, while there is a healthy number of real estate options. Not only is the domestic customer willing to pay higher prices than before, foreign customers will travel thousands of miles with the aim of temporarily relocate. Wealth clients from overseas are willing to pay even higher rent prices, as convenience also plays a large role in their decision-making.

Apartment Investors: Attract Millennials With These Amenities

If there were ever a person to target when it comes to property investment, it’s the millennial. Usually unable or unlikely to get a mortgage, the millennial is quite content in renting an apartment or property that they intend to stay in for years. This is good news for investors because it means you don’t have to deal with vacancies and you’re more likely to be able to renew contracts quickly. So, how do you attract these magical beings called millennials?

Be Pet Friendly

Around 90% of millennials are renters and close to 60% of those own a cat or dog. So, it’s fair to say that millennials love their animals. Therefore, if you’re an investor that’s set on having strictly ‘no pets’ rules, you may miss out. If you’re worried about damage to your properties, ask your renters for an additional payment that will be returned to them upon inspection of the property when they choose to leave. This way, you don’t miss out on a large proportion of renters and you’re covered if any of the pets were to cause damage.

pet friendly

Modern and Spacious Kitchens

It’s often hard to find properties with spacious kitchens, but the average millennial cooks up to four times a week. It’s a generation that has become far more health conscious than their predecessors, so a kitchen space is an important detail. If you’re thinking about slacking on the kitchen and leaving it as it is, you may find you lose out to your competitors. Making simple changes, like replacing worktops and painting cupboards can make all the difference to a millennial.

Wood Flooring

You don’t have to be a millennial to know that life is hectic. But, as the generations pass, life does become more challenging, more competitive and more time consuming. So, as well as looking good, a wood floor is also a practicality. It’s the easiest type of flooring to keep clean, especially if there’s pet around, it’s the best kind of floor for allergy sufferers and it gives anyone moving in a clean slate to decorate, unlike carpet.

innovative design

Innovative Design

An apartment is always more attractive if it comes with something unexpected. Millennials like to be unique, so if you can offer something no-one else they know has got, you’re ahead of the curve. Take a look at what Joe Nahas did for some apartment owners. Could you design a garden? Perhaps you can offer around the clock security or smart controls for gas and electric. Always try to stay one step in front with innovative ideas.

Online Payments/Renting

There isn’t much you can’t do online these days and millennials really make the most of it. Sadly, the real estate industry is falling behind. If you’re still using paper contracts and bank transfers, you may be missing out on millennial renters. Don’t worry, you can still get renters to sign an agreement online and there are plenty of resources that can help you to keep track of rent charges and receive payments, like RealPage.

Attracting millennial renters and buyers isn’t hard when you know how.