Risk vs. Reward: Is Your Investment Worth It?

  • May 16, 2019

risk vs. reward

The word “risk” comes up a lot when you’re learning about investments. With money being put into something which may not work out, there is a chance that you will lose the investment you’ve made, and this is the case with pretty much any money-making scheme on the planet. Of course, though, some things are far riskier than others. Balancing this is a challenge when you’re first getting started in the world of finance, but this post is here to help you out, and will be exploring the differences between high and low risk investments.

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These Jobs Will Give You Money AND Freedom

  • May 16, 2019

money and freedom

We all know the deal: you go to work, “do your time” and then get the rewards, maybe when you’re fifty or sixty years old. For most of your life, you’re chained to the desk, working for the man, forty or fifty hours a week. Only once you’ve suffered can you get the things that you want out of life. It’s a dismal trade.

This has got a lot of people thinking: can I have my cake and eat it? Can I find a job that pays well but that also affords me the freedom that I want?

In the past, getting a job like that was tough. But today, there are all kinds of tasks that you can do that will bring you both money and freedom in the here and now, not in thirty years. Let’s take a look.

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5 Unconventional Ways To Make Some Extra Money

  • May 16, 2019

Some people simply don’t do well in a traditional 9 to 5 office job, and some just want to find new ways to draw in more money each month.  Whatever your intention, there are plenty of unconventional ways to make an extra buck.

If your mind is granting you little to no imagination at this time, you’re in luck.  Here is a quick look at some of the coolest, most unconventional ways to make some extra money.  Boost your income by doing something enjoyable for a change.

Gather and charge those pesky scooters

If you live in a big city, then you’re likely very familiar with all of the many different scooter companies that popped up seemingly overnight.  Rental scooters are all over the place in nearly every large city in America, and they’re electric.

Someone has to recharge the scoots each day, so the host companies can continue making money.  Some people even make a living out of gathering and charging scooters, but you don’t have to work full-time to make some extra cash.  

Busking can be a lucrative gig

If you’re a musician, there’s always a way to make money with your craft.  Take your talent to the streets of a bustling city, and become a busker. Even if you only have time to busk on the weekends, you can make a considerable chunk of change by simply doing what you love.  

Get to work on perfecting a handful of songs, and go try your hand at busking.  Stars like Ed Sheeran, Sheryl Crow, and Tracy Chapman all started out busking on the streets.  

Become a professional mermaid

If you’re over the age of 18 and you can swim 400 yards in under 15 minutes, then you can try out for the job of being a mermaid at Weeki Wachee Springs in Florida.  It isn’t the easiest way to make some extra fundage, but it just may be the coolest.  

Deliver people’s stuff through Postmates

Postmates gives regular folks like you the chance to make a regular income by delivering products to others.  Unlike most of the other apps that pay you to complete a simple service, Postmates lets you take home 100 percent of your earnings.  

You can work for Postmates with your car, a bike, or even on foot.  Go check out the Postmates website, and dig deeper into what they offer individuals who choose to do the footwork.  

Spend time interacting with easy money offers

It’s not the most invigorating experience, but you can make a little extra cash each month doing the monotonous jobs.  Taking surveys, watching videos, and testing out mobile apps will help you bring in a couple hundred dollars a month.

4 Tips For Working Towards Financial Freedom

  • May 15, 2019

financial freedom

It would be nice to say that you had complete financial freedom. Many of us work our whole lives to get to a stage where we can be financially free, but it is possible to achieve financial freedom even earlier than that if you have enough will-power and know a few good tricks that will help you to save your money faster.

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The Role Of Trace Minerals In Your Body

  • May 15, 2019

trace minerals

Human beings need much more than fats, fiber, protein and carbohydrates. Known as trace minerals, human beings need at least 100 mg in one day. Although the requirement for human body is in few quantities, your body will need them to perform the essential functions. Incase of deficiency of anyone trace element, there could be major health problems. At times you are not aware that the health problems you are facing is due to the lack of adequate quantity of trace minerals. You need to get tested at least two times in a year in order to ensure that the body does not have any deficiencies.

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3 Of The Best Summer Jobs For Your Teen To Learn Responsibility And Earn Money

  • May 15, 2019

When your kids are young, you’re generally completely responsible for taking care of them physically, emotionally, and financially. But as your kids grow into teenagers, it can be very beneficial for them to learn how to earn their own money and begin to develop both financial and personality responsibility through having a job. During the school year, many teens don’t have the time to work. But once summer rolls around, it’s the perfect time for your teen to move outside of their comfort zone and start joining the workforce. To help them get started on the right foot, here are three of the best summer jobs for your teen to learn responsibility and earn money.

Become A Camp Counselor

While your younger kids are spending their summer break at summer camp, your teen could be working as one of their camp counselors. According to Janet Fowler, a contributor to Investopedia.com, being a camp counselor can help your teen learn about living on their own, as counselors often stay at the camp for the majority of the summer. While there will be adult supervision there, being a camp counselor will allow your teen to feel like they’re living on their own, generally requiring them to do their own laundry, manage their own time, and earn their own money. The skills your teen will learn from this experience will help them not only during the rest of their teenage years, but throughout the rest of their lives as well.

Serve As An Educational Tutor

Although some kids spend their summer break forgetting about school, there are plenty of kids out there who are looking to either catch up from their previous year of schooling or get ahead for the upcoming year. In either of these situations, the parents will often look for a tutor to work with the child. According to Chelsea Brennan, a contributor to Forbes.com, high school-aged tutors can charge anywhere from $20 to $40 per hour, which could be very worthwhile for your teen. Not only will they be making fairly good money, but they’ll also be keeping their minds sharp through their tutoring skills.

Start Their Own Small Business

For some kids, the entrepreneurial bug can bite very early on. Luckily, it’s pretty easy for a teen to start their own business. According to David Quilty, a contributor to Money Crashers, teens can start their own small businesses through endeavors like babysitting, cleaning, lawn care, working as a handyperson, walking dogs, and more. Just so long as your teen has a product or service that others are willing to pay for, and all the legalities are taken care of, your teen could make money and learn a lot from starting their own small summer business.

If you have a teen who’s ready to start working this summer, consider some of the options mentioned above for a great summer job.

Crucial Protection For Business Owners

  • May 15, 2019

If you’ve chosen to live your life as a self-starter, then you’ll need to understand all the ways you can protect your investments along the way.  Your business is a constant work in progress, and sometimes things don’t go the way you had hoped.

If you work to set in place certain protections as you grow, your investments will fare better in the face of trouble.  Check out some of the most important ways you can take action to protect all you have worked so hard to achieve.

Protect your intellectual property

It’s important to understand the weaknesses involved in filing a patent.  Patents won’t secure your information and products in a complete way. Copies can arise and devalue your intellectual property.  

Educate yourself on the many other ways you can actively embark upon the protection of your most valuable information.  You may also want to employ professionals in brand protection, and let the ones who know best get the job done.  

Invest in the proper insurances

Insurance is a wise way to prepare your business for the chaos of the unknown.  You can’t predict the future, but you can plan. A good business owner has several insurance policies to cover a range of events.  

There is no one-size-fits-all insurance policy for business owners, so you’ll have to know what you’re seeking.  For starters, you’ll need workers’ compensation, professional liability, and property insurance. Research other insurance policies that might better protect your business.  

Set your business up independently

Being a small business owner can make you susceptible to financial distress if you don’t set your operations up independently from your personal finances.  Enlighten yourself to the various structural options from which to choose when initially structuring your business.  

For instance, choosing to structure your business as an LLC (or limited liability company) will save your personal finances should you ever have to file bankruptcy.  

Always take interest in accounting

Make your accounting operations a priority when dealing with your business.  It’s your job to know where your organization’s finances are being earned and distributed.  Always take a special interest in building a solid accounting department for your business.

You can take steps towards a more solid financial set up for your business by investing in the best financial software.  Also, find a competent accountant to hold the reins on spending in your business.  

Keep a legal professional on staff

The safest way to look out for the interests of your business is to make sure you have a legal professional on staff.  Keep the services of a lawyer on tap, so you don’t ever have to worry about whether or not you’re infringing on some obscure law.

3 Tips To Help You Save Money On Auto Insurance

  • May 15, 2019

For most people, the overall costs of having their own vehicle to drive will depend on a variety of factors. From the actual car you’re buying or leasing to the amount of wear and tear you’re putting on your car and how much gas you’re needing to purchase, having a car can either be very economical or very expensive. But regardless of how much money you’re spending on owning and operating your vehicle, you also have to have your vehicle insured in order to legally be driving. So to help you find ways to cut costs in this area, here are three tips to help you save money on auto insurance.

Comparison Shop

Different insurance carriers are going to charge you different prices for similar services. The trick to finding the best price for you is to visit a comparison site like Pretected. According to the Insurance Information Institute, you should try to get quotes from all types of car insurance companies before you pick the one that you’re going to go with. When doing this, you might want to start your comparison shopping before you even buy a new car so you can see how the cars you’re considering buying would affect your car insurance rate. Cars that have been deemed safer to drive often have lower insurance rates, which can have a big impact on what you’re paying for your insurance costs.

Only Pay For The Coverage You Need

Depending on your ownership of your car, the extent of the car insurance you’ll need can change. For example, if you have a loan for your car, you’ll need to have the maximum amount of auto insurance and have your lender and the lien holder. But if you own your car out-right and know that it’s really not worth much, Barbara Marquand, a contributor to NerdWallet.com, shares that you can reduce or get rid of your insurance coverage for things like collision or comprehensive coverage. Rather than paying for this additional coverage that might not even make a difference is the event of an accident, you might as well just save this money within your own accounts so you can have funds ready in the event that you need them.

Take Advantage Of Every Available Discount

Many car insurance carriers will give discounts to people for all types of reasons. Things like bundling your insurance coverage, being a safe driver, having good grades, and more can help you to save money on your overall insurance costs. Because of this, Trent Hamm, a contributor to The Simple Dollar, advises that you check out what insurance companies offer the maximum benefits to you and your particular situation. And once you’ve gotten these discounts, make sure you do everything in your power to ensure you continue to qualify for them.

If you’re looking for car insurance coverage, consider using the tips mentioned above to help you find ways to save.

Life Lessons To Be Teaching Our Children

  • May 13, 2019

Life Lessons To Be Teaching Our Children

There are plenty of things that you may want your children to know and learn as they grow up. And as parents you always want your children to grow up as kind, happy and successful people, in the hope that they are all prepared for the future. As parents, though, you do become role models for your children, whether you like it or not. And in order for them to learn the things that you want them to, then you need to make sure that you are doing them yourself. For example, if you want them to be able to budget, manage money, and stay out of debt, then that needs to be something that you are doing too and be seen as not spending money here, there, and everywhere. Children learn quickly.

Life skills will help to make your children strong, but they will also prepare them to face the world. And there are plenty of life lessons that you can teach to your children. So here are some of the things that you can be doing to help them learn the things that you want them to.

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7 Money Management Tips for Single-Income Families

  • May 13, 2019

7 Money Management Tips for Single-Income Families

Families with a single income have a hard time coping with ever-rising living costs. While some families deliberately choose the one-income setup, others are faced with situations such as job loss or prolonged illness that causes them to rely on a single person’s earnings. Whatever the reason, one-income families can have it hard, particularly when there’s a large debt to be paid off.

If you’re part of a single-earner home, you can resolve some of your family’s financial woes through prudent money management. Take a look at the following tips to gain back your household’s financial health.

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