Whoops, is that money belt feeling a little tight? Feeling the pinch on your wallet if you want to procure something that is usually not an everyday purchase? How can you manage your cash liquidity flow problem to compensate for the lack of funds you seem to be facing? Simple, you take out a long-term loan.
Now, it’s not as easy as it sounds and can be a complex process. Perhaps you are a bit cautious and do not want to take on such a high volume of debt. Or, you just do not know what the process entails. The first thing you need to know is that personal loans that tend to span a long period of time will give you access to immediate funds and will allow you to obtain an economical monthly repayment plan.
There is no hard and fast rule that places a time cap on the loan duration to classify it as a “long term”, but usually five years or so is the generally accepted norm in the many top loan companies. You could need it for any reason: maybe you want to buy a brand new automobile, pay your child’s college tuition fee, renovate your home or just buy a new one. Let us share a few awesome benefits that come with engaging in long term loans.
Access to Large Sum of Money
A long term loan will allow you to borrow a higher amount of money. If you are investing in an asset that will appreciate with time, such as a property, then a long term loan could be the best way to go about it as there are countless unanticipated expenses associated with the purchase of a property.
Homeowner insurance, fire insurance, security insurance, the list goes on and on. Maybe there is an unforeseen medical emergency that has risen in your family and you need access to a large pool of cash. Anything is possible. This sort of loans can also help you pay off any consolidated credit card balances and other forms of debt.
There could be happier reasons to borrow money as well: such as a wedding or honeymoon destination you want to finance without any worries. Remember that the longer your loan duration is, the lower your monthly payment will be. Notable variations in monthly payments will exist if you choose a seven year plan over a three year one.
Flexibility in Payment Schedule
Usually, there is no payment limit placed on the loan agreement that you undertake with your loan service provider. You can go beyond the monthly minimum if your wallet allows it. If there is one month where your budget allows you to afford to pay a higher amount back, then make sure you go for it!
This will lower the interest expenses that you are bearing and lower your debt as well. If £900 a month sounds doable to you on some months but not each one, then maybe take a longer loan plan out. That will give you the flexibility you need to pay additional amounts when and if possible.
And of course, you will not damage your creditworthiness if you need the extra £300 for some other activity as you will continue to make the monthly minimum requirement.
Personal Loan-not a Credit Card
Now, we do hope that you are not in the habit of racking up debt. However, given the high cost of living in today’s world, we would not be surprised if you had a high volume of credit card debt as well. Personal loans tend to be better choices than credit card sometimes. Read on to explore the reasons behind this.
Lower cost of Interest
Your bank could be giving you a mind blowing rate on your credit card scheme. But even then, interest rates associated with personal loans tend to be quite lower than those compared to credit cards. The more you pay back towards your personal loan will make your principal amount lower and you will pay off the actual debt you owe rather than incur additional interest charges.
Set Date for Payment
The minimum amount you owe on your credit card debt can be stretched out years to come. We are not messing with you, it could go up to twenty-two years or even more. If you make the smarter choice and go for a long term personal loan, your monthly payment will remain the same and you will know when you have fulfilled your debt and are truly free from its burden.
We recommend that you take out some time and study how personal loans work. Once you comprehend their dynamics, you will understand why it is a financially stronger alternative than a credit card. The latter tends to trap you in its vicious, never ending cycle of borrowing and paying. It becomes a lifelong circle as you pay some debt, get more debt, pay it off again and repeat. Even if you paid of £700, you can easily rack that up again.
Even with all the benefits of long term loans, there are still a few things to watch out for. The harsh reality is that you will remain in debt for a long period of time. Therefore, it is essential you understand the commitment you are taking on and feel comfortable in your capability to meet future payment requirements.
If your loan service provider feels that there is a higher risk, he will probably place a higher interest rate on your loan scheme. This will mean you will be paying higher interest charges. But remember you do have the flexibility to pay higher amounts in the months that are more lucrative for you financially.
That is the beauty of personal loans as it offers you a higher degree of flexibility that does not come with other forms of payment. Make sure you have a strong credit rating to obtain a good interest rate with an effective payment schedule that is not a burden for you.
- Exchange your money for time
- Increase your prices
Hitting your early 30s and thinking it’s time to start planning your financial future? Let us guess, you are being given unsolicited advice left, right and centre and now you are confused on where to begin?
Do not worry, we all have been in the same boat as you and have felt as we are drowning. The good news is we are here to offer you a life jacket filled with tips and ideas on how to kickstart your fiscal planning. One vital element of any effective financial strategy is to select an optimal life insurance policy that will aid your family in your absence.
Essentially, a life insurance policy is a written agreement you will hold with an insurance service provider whom you will pay monthly premium instalments. When the policy holder has passed on, the insurance company will dish out a lump-sum amount to the designated beneficiary. It will help lift your beloved ones’ economic status and save them the hassle of facing any possible fiscal troubles. When choosing a life insurance policy, there are several factors to take into account.
Since there is a plethora of information out there, the process of life insurance selection can get confusing and complicated. That is why we reached out to these life insurance lawyers in Houston to share a few clarifications and to make the whole procedure a little bit easier.
Don’t Get Lost
The variety of life insurance products available may appear overwhelming. Remember that you do not want to get lost in the marketing or technical jargon thrown at you and you want to truly comprehend the intricacies of the policies you are considering. It will be easy to confuse one kind of insurance policy for the other but remember that true life insurance portfolios differ from others in the category. For instance, mortgage term insurance compensates your property debt and is not meant to leave any additional income for your family.
Know Your Needs
As stated, there is a whole world out there of insurance brands. It is imperative that you conduct an internal analysis to identify your needs and verify what your requirements are. Once armed with this knowledge, selecting an insurance product will become a clearer and rapid process. For instance, you could go with level term insurance as it is simple and direct in its approach. It pays out a certain amount given that you pass away in the time period assigned to your contract.
Hey, it’s the age of the internet where all kinds of information are available and it is not really possible to hide any facts. Hence, be honest and don’t worry if you slipped your hand in the cookie jar. What we mean is that if you had any kind of illness before or any form of surgery, make sure you disclose it to the insurance salesman. Be an open book about your medical history. Sure, you may be delegated a slightly higher monthly premium but you will not endanger your future payment (upon expiration) as you were transparent from the beginning.
Yes, we all love our spouses but we do not mean to be single in that aspect (We are invested in the idea of happy families!). When you are buying an insurance policy, avoid taking out a joint one. This option may lure you in as it is a cost effective one compared to paying two separate monthly premiums. However, the policy will be terminated once the first person passes away. This implies that your partner will have to procure another one and start from scratch. If she or he is older at that stage, the life insurance premium will be quite expensive.
Know Your Coverage
A general rule to follow is to request the financial cover to be approximately ten times your yearly income. Usually, this is applicable up to the time your children have completed their education, whether college or high school. If the former, you may contemplate a higher volume of coverage. Have a think and consider what kind of debts or expenses you may have, and then quote a figure.
If your wallet is dearer to you than that pack of cigarettes, then you may want to give it up. Think of it as a double whammy: you save a few extra pounds by not buying cigarettes and you pay a lower premium on your insurance policy. If you consume any form of tobacco, your monthly payments will be much higher compared to those who do not use tobacco. So, go nicotine free for a year and enjoy not only healthier lungs but also lower expenses.
Yes, policies that may appear “cheaper” to you have the potential to be as effective as their costlier counterparts. Life insurance is actually pretty straightforward: it’s a policy that will dish out money upon one’s expiration. You do not need multiple add-ons and can focus on getting the amount you require in the future.
If you are one of the many people who chose to live life right by eating healthy and working out regularly, then chances are your monthly premiums are much lower. It differs from case to case and person to person, but the healthier you are, the cheaper your premium will be. A 40 year old insurance policy taken out at the age of 35 will be easier to obtain than a similar product at the age of 55. Regardless, you may want to swap those daily French fries for a baked version. You never know when you may want to choose your insurance policy and being prepared in advance will help you go a long way.
Choose Fixed Prices
Reviewable or guaranteed premium? The latter means you dish out the same amount every month in all circumstances for the duration of the policy. If you opt for the reviewable alternative, then the amount you pay on a monthly basis can be revisited at the discretion of your insurance service provider.
Get Your Essentials Written DownThe first thing anyone who wants to ensure they shop smart should do is write down a list of all their essential goods. Food, drink, and toiletries are going to appear on everyone’s list but then there are other things to consider. Pet food, petrol, cleaning supplies (to give just a few examples) are all common essentials that people will need to stock up on every so often. Once you’ve got all your essentials worked out you’ll know what you need to buy has a minimum this will help when it comes to budgeting your weekly shop.
Avoid Impulse ItemsWhether it’s a supermarket or a small corner shop they’ll likely be strategically placed impulse items all over the place. And avoiding them isn’t easy sure a chocolate bar or packet of crisp might not seem like a lot, but it will add up and when you’re trying to save money especially if you’re in debt impulse items are things you should avoid in all forms. Impulse items aren’t just things strategically placed in shops either they can also be things you think you need. Which is why your essentials list from my first tip is so important, think carefully before buying anything that isn’t on that list because if you don’t need it it’s money that could be saved.
Special Offers Aren’t Always What They AppearShops rotate their special offers on a regular basis and while it might look like you’re getting a great bargain that’s not always the case. That 6 pint of milk might be on offer but if you don’t need that much, and the 2 pint is still cheaper is there really any point in buying it? It’s also easy to start buying products that aren’t on your essentials list just because you’ve been enticed by the special offer message. Remember even if it looks like a great deal if it’s not something you actually need ask yourself whether you can afford to buy it first.
Shop Around MoreThere is no shortage of places to shop is there? And you don’t have to just stick to one place either. If you want to get the best deal on your shopping you shouldn’t be afraid to shop around at different places if you can. You should also try discount chains and shops to help you save more money on your essential goods.
Make A Shopping ListIn a world with online shopping, dedicated shopping apps and the ability to pay using your smartphone using a shopping list might seem a little low tech. But they are great tools when it comes shopping on a budget and can really help you save money. If you’re struggling with debts, then a shopping list can be a huge help because it will help you stick to your essentials. In fact, that list of essentials items from my very first tip can double as your shopping list can’t it?
Swap Out Expensive BrandsEven if you stick to your essentials you can still reduce the costs by moving to cheaper brands. If you like coke-cola, for example, why not switch it out for a cheaper brand? It might take you a while to adjust to taste differences in some cases, but it will also save you a lot of money. Many supermarkets also have their own specially designed budget brands as well for all kinds of goods from soap powder to shampoo and much more. So, try searching those out if you want to cut the cost of your weekly shop.
Be Firm With YourselfThis might seem relatively easy after some of the tips I’ve mentioned but in the majority of cases, it is one of the hardest tips to follow through on. Even if you’re struggling with debt and trying to save money it can be very easy to fall back into old habits and end up buying things you don’t need. So, you need to be firm with yourself and stick to your budget, if you’re really struggling to avoid temptations while you shop then consider shopping with a friend or family member. They’ll be able to help you stay on track. One other trick some people use is to go shopping with just the money they need to buy their essentials. That way you can avoid buying anything you don’t need because you won’t have the means to pay for it. It’s an extreme method and I wouldn’t advise it every case but if you think it might work for you, by all means, give it a try.
Treats Should Be EarnedI’ve probably made the weekly shop sound like quite the gauntlet, now haven’t I? But you can still have fun and treat yourself even when you’re saving money just make sure it’s not something you do every week. One good tip to follow is to make treats a reward for having a productive and successful month. For example, if you’ve met your savings goal for the previous month then reward yourself with a little extra purchase like some chocolate of a nice dinner, this way you’ll be more likely to make your savings in the future.
We’ve all seen those adverts, haven’t we? It seems like every lawyer with an ad budget is making their own adverts but while they might be catchy, meme-worthy and in some cases even effective they don’t really explain, much do they?
So, if you suffer an injury at work what are your legal rights? Well first of all, before we examine that let’s look at what exactly is covered by a personal injury claim. Despite what the adverts might show a personal injury claim isn’t just for accidental trips and falls.
What Is A Personal Injury?
A personal injury such as Jones Whyte who are a local glasgow personal injury lawyers can take many forms but they all have something in common, if your injury is a result of negligence on your employer’s part then you can make a claim. A personal injury covers many different areas as well, let’s take a look at some more in-depth examples.
While the most obverse examples of personal injuries are things like trips and falls due to unsafe conditions they also include psychological issues as well. This could be mental stress due to things like bullying and intimidation, many people think personal injuries just mean physical harm, but they cover a much wider spectrum.
How Do You Make A Claim?
Making a claim for personal injury is something many people over complicate, it’s much simpler than many people think. However, winning your case is a whole other matter but it’s advisable that whatever your injury is that you act fast when making a claim.
You should also keep a record of any important information this is especially important when the personal injury is psychological in nature. Your claim for a personal injury will more than likely be a civil claim but it again could take a number of different forms.
Any claim for a personal injury will usually be either a claim for a breach of your contract or a claim for negligence. The vast majority of cases will be heard in a civil court. More than likely the county court, although it may be held in the high court depending on the exact nature of the claim.
Claiming For Breach of Contract
If you’re claiming for a breach of contract, then you need to be able to prove your employer has breached the terms of your employment contract. For example, if you’ve suffered an injury due to improper or poor-quality equipment then you’ll need to be able to show that your employer didn’t fulfill their contractual obligations to protect your health and safety.
If your employment contract doesn’t clearly state how your employer is supposed to protect your well-being, then you will still likely have a case. All employers have an implied contractual duty to protect their employee’s health and safety as well as the legal requirement to ensure any place of work is safe.
One important thing to remember if you’re are making a claim for a breach of contract is the difference between expressed terms and the previously mentioned implied terms. Expressed terms are terms you officially agree to this can be in person or in writing, they’re contractual obligations of some form.
Implied terms like previously mentioned are not in a written contract and you don’t have to prove you have agreed to them in some form. You can think of them as common-sense agreements like that your employer will protect your health and wellbeing and follow proper health and safety practices.
Making A Claim For Negligence
Making a claim for negligence follows very similar procedures to claiming for a breach of contract. However, you’ll need to prove how you have been negatively affected and that your employer was acting negligently in their duties.
For example, if you were injured because of a faulty piece of equipment if you can prove that your employer knew it was damaged and didn’t take any action to either replace or repair it or at the very least ensure it wasn’t not used, then you can prove there were negligent in their duties.
What If I Quit Work?
If you quit or resign from work because you think the risk of suffering a personal injury is too high or you believe your employers are being negligent in their duties can you still, make a claim? The good news is you can, but things will be slightly different.
So, how does it work? Instead of going straight to a solicitor you will instead need to make a claim to an employment tribunal and then prove that your claim for constructive dismal was just. Be wary though making a claim for a constructive dismal is notoriously difficult and any claim must be made within three months of the date you left.
Now if you are instead fired from your position then you can make a claim for an unfair dismissal instead. However, this follows a slightly different process if you’re making a claim for unfair dismissal you will need to prove it’s related to your personal injury claim, and in many cases, you will only be able to make a claim for unfair dismissal if you have been working for your employer for over two years.
If you don’t want to quit but don’t want to work in an area that is not following proper practices or that you believe breaches health and safety rules, then you are protected from dismissal and disciplinary action. All employees have this right and you should talk to your safety representative to explain your actions.
Likewise, whistleblowers are also protected so if you feel you have been unfairly treated or victimised because you made a public disclosure then you should contact an employment tribunal to explain your case.
Strengthening Your Case
So, that’s a look at all the main points you need to consider when making a case for a personal injury claim. Remember though every case is unique and you should meet with a solicitor as soon as possible to get some professional, legal insight in your case. Remember at every stage to keep a record as well, because it will be sure to come in handy.
Moving home is something that most people don’t relish, even when it is for positive reasons such as a new addition to the family or starting a new life with your significant other. One of the biggest problems that proves the most stressful for people when moving to a new house is timing.
It can be hard and stressful trying to work towards your big moving date and making sure you have done everything that needs to be done and that everything is packed that needs to be packed. Even if you just had your move to deal with, it would be stressful enough. However, most of us do not have the luxury of just focusing on our move and have to juggle the demands of our day to day life too – whether it is work, study or family commitments.
How then, can you successfully move home with as little stress as possible? In the following post we look at several helpful tips to help.
Start As Early As Possible and Declutter
When preparing to move to a new house, the most crucial tip we can offer is to ensure that you give yourself enough time to everything done. Even if we think we only have a small amount of stuff to pack and move, you will find that it is more than you thought when you actually come to packing it up. Before you pack then, it can be a great help to go through your stuff and declutter where possible. Throw out, recycle or sell/give away anything you don’t actually use or need. You need to be ruthless and avoid holding on to things without good reason.
Work methodically from room to room. It could be those books or DVDs you have already ready or watched or just furniture that has seen better days or there is no space for in your new place. You will be glad when it comes to packing, moving and unpacking if you have less to do.
Decide Who Is Going To Help You Move
Although it is obviously less expensive to handle a removal job yourself, it may not be the best option for your own circumstances. If you can, enlist the help of friends and family. Hire a van or two and make a plan of who is going to do what and when and ensure everyone knows their responsibilities.
However, if you are looking for more convenience, there are many benefits to hiring a company like http://securemoveservices.co.uk/. As well as providing professional help with the move itself, you can also hire them to help you with the packing. Having their experience and know-how can be handy when it comes to figuring out how to fit your items safely into boxes and then packing a van using space in the most optimum way.
Create A Moving Schedule
There is so much to do and remember when moving to a new house that it helps to be as prepared beforehand as possible. From the moment you know you will be moving and have an actual date this will be happening you should be planning exactly what needs to happen and when.
Remember the old adage ‘when you fail to prepare, prepare to fail’. By planning out exactly what you are going to do from this point to move day and beyond, you can better organise your daily tasks and work them into your normal schedule.
You Can Never Have Too Many Boxes
No matter how many boxes you have, you will probably still find that you need one or two more. It is thought that the average three-bedroom house requires around 100 boxes for a move. Therefore, make sure you have enough boxes. In fact, make sure you have MORE than enough boxes, along with box cutters, labels, permanent markers, tape dispensers and brown packing tape. As well as buying special boxes in bulk for your move, it can be helpful to take a trip to the local supermarkets and stores in your area. They will often let you take boxes off their hands completely free of charge. Not only will you be saving money, but you will be helping protect the environment by reusing cardboard.
Make sure too that you have a sufficient amount of packing paper for lining your boxes with before and after placing your possessions inside them. It is recommended that you use this rather than newspaper as the ink has a tendency of transferring onto the contents of a box.
If you are taking on the task of packing, make sure you do it wisely and strategically. Start by packing all non-essential items first from each room, remembering to pack the heavier items at the bottom. When it comes to really heavy items though, use smaller boxes to avoid over-packing them and making it harder (or impossible) to lift.
Dangerous and items such as paint cans and bleach etc. should be packed separately. Make a list of all the items in each box and the room they will be going into in your new home and tape these to the top or sides of the box. If possible, it can be incredibly helpful to decide the specific cupboards and drawers or other storage spaces where things will be going in rooms. By doing this, you will be able to come into each room with the relevant boxes and unpack them quicker and more efficiently.
Another crucial tip for packing is to ensure you make a survival box up. This box should have everything you will need when you first move into your new home, such as a kettle, coffee machine (if you prefer), mugs, coffee, tea bags, milk, plates, cutlery, washing-up liquid, dish cloth and toilet paper. It is also a good idea to pack a first aid kit, light bulbs, change of clothes, towels and toiletries.
Although in a perfect situation, we’d hope that these tips will be enough to avoid stress when the time comes to move home; we know this is highly unlikely. However, what we can guarantee is that when you take the time and make the effort to plan your move and follow the tips above, you will significantly reduce the stressfulness of the process.
Moving house is supposed to be one of the most stressful days of your life. The only way to reduce the level of stress is to meticulously plan the event to run as smoothly as possible.
This doesn’t mean getting up early on the day to allow you extra time to fit it all in – it means pre-organising every detail to make sure nothing can go wrong, and even then, something will, but at least you’ll have the heart to know it’s one less thing gone wrong than there could have been.
Make lists. Lists are your best weapon. Here’s a good overview to make your other more detailed lists from.
2 Months to go…
Don’t waste money transporting things you’re going to throw out or get rid of. Do it now.
2. Notify your landlord
If you’re moving from a rental property then your landlord needs to know straight away. He’s going to need to make plans to re-let the property and he is also going to need to know when your rent will stop. You must do this in writing – a phone call won’t do. You both need an official record. Send a letter or an email if that’s been acceptable during earlier communications.
3. Pick your removal company
You need to decide whether you’re going DIY and just hiring a van or going professional with a company such asAMC removal services in Edinburgh. If the latter, then it needs nailing down as soon as possible. You don’t want to be left last minute with no way of moving all your belongings from A to B.
Check your household insurance policy to see what it will cover in transit. Run that alongside the removal company’s policy to see if you’re likely to need any additional cover.
4. Research your new area
You can start learning about where you’re going to be living as soon as you like and this will help with last minute needs on the moving day. Where are the local shops, a handyman store, take-aways or restaurants? There’s a good chance you won’t feel like cooking once you’ve got unloaded and you certainly won’t have your pots and pans to hand.
1 Month to go…
1. Start your packing
You should have already made a full inventory of what’s moving so order and buy all the boxes and packing materials you’ll need. Start filling them with the things you don’t really need day-to-day in order to reduce the amount of work nearer the time.
2. Do you need storage?
If you’re downsizing or staying in temporary accommodation until your new house is ready for you to move in then you’ll need to figure out where to store your belongings and your furniture and how much space you’ll need. Finding a storage facility local to your new home rather than your current one will speed up the process on moving in day.
3. Check access at your new property
Make sure you know if there are any local restrictions at either address for the size of vehicle you’re using and that it can gain access to as near the property entrance as possible.
4. Notify the utility companies
Up front notice for your suppliers gives them chance to prepare your accounts for termination or moving to the new property. They will advise you on the correct process to take to make it as straightforward as possible for both of you.
5. Check your car
If you’re moving a long distance the last thing you need is a breakdown. It could be a good time to organise that service you’ve been meaning to.
6. Never work with children or animals
Find someone to look after the kids and your pets. They’ll be bored or ‘too helpful’. They’re bound to get in the way so get them out of it from the start.
7. Tell your Doctor
You don’t need to tell them you’re moving but if you deregister it will make administration and transferring your records much easier for your new GP.
8. Stop any deliveries
Tell the paper-shop, the milkman, the Ringtons tea-boy, the window cleaner and anyone else who makes a doorstep delivery that you need to tie up their account and finalise their services.
9. Start eating the frozen foods
You’ve got a month to eat it or waste it. It’s up to you.
1 Week to go…
1. Confirm arrangements
Call the removal company and the estate agents or letting company. Get all arrival times confirmed, key collections sorted and double check your route and access details.
2. Disconnect your appliances
Arrange for the appropriate tradesmen to come and deal with any cookers, ovens, washing machines, dryers, dishwashers or anything else that is coming with you.
3. Start dismantling your flat pack furniture
4. Book a locksmith
You’re going to want to change the locks at the new property, sooner rather than later – you don’t know who might still have a set of keys for the place. If you can organise it to happen on moving day then that would be ideal but as near to as possible if you can’t.
3 Days to go…
1. Wash all the clothes
You’re probably not going to want to wash anything for a few days when you start to unpack, you might not even have a washing machine straight away, so make sure you’ve got as many clean clothes as possible.
2. Your old keys
You should label all your existing keys for what they unlock and leave them somewhere easy to find for the new occupants.
3. Essentials package
Put together a selection of all the things you might need to hand for the first few days to get you through. Toilet roll, light bulbs, tea-bags and refreshments are just the beginning. Try and think of the basics you use every day that might not make it out of packing for a while; toiletries, torches, a first aid kit, a pen and notepad, and perhaps some basic kitchenware including cutlery and crockery.
2 Days to go…
1. Put your contacts list somewhere safe
You should already have a list of everyone involved in the move; solicitors, estate agents, bank/mortgage company, landlord, letting agency, removal company – put it with your priority items and KEEP IT SAFE. You’re going to need this very close to hand all through moving day.
2. Pack your valuables
Put your valuables, your important items and contacts list with all of your important legal documents, passports, bankbooks etc. These will want to travel with you in person and not be packed away with the rest of your belongings.
3. Defrost your fridge and your freezer
4. Do you have the new key yet?
Double-check with your estate agent or landlord about collecting the keys if you don’t have them already.
The Day Before…
1. Finalise all packing
All the packing should be done apart from the essentials for the kitchen and bathroom.
2. Charge your phone
If you’ve got a bolt-on battery, charge that up too. It’s likely it’s going to get a lot of use.
3. Final walk-through
Do your final walk-through and check all cupboards, storage spaces, garage, garden and shed. You’ll have forgotten something. I guarantee it.
It’s Moving Day!
1. Drop off the kids and the pets
Do this first. Then you can start to think clearly without interruption for the rest of the day.
2. Organise your removal team
Help the removal company by giving them clear direction to where everything is, any troublesome items, and any special instructions that you need them to know. Ask them what they need from you and follow their instructions to the letter.
3. Make a final check on all meter readings
4. Give the house its final clean
5. Do your final, FINAL walk-through
Do a final walk-through with the removal team. Make sure nothing is left. The house should be empty unless there are items you’ve arranged to leave for the new occupants.
…and when you get to your new home
1. Check all utilities are working
If not, get on the phone. You should have the numbers on your contacts list.
2. Make everyone a cuppa before the heavy lifting starts
This will give everyone a chance to see the new house layout and where all the beautifully labelled boxes will be heading.
3. Check the van is empty and order a takeaway
Once you’re sure you have everything off the van the removal team can leave with your gracious thanks. You’re going to need to eat and luckily you have knives and forks packed in your essentials box – all you need is the phone number of that local take-away you garnered 2 months ago…!
Things to consider when remortgaging
Variable Vs Fixed ratesYou will most likely have to pay at a higher rate at first if you choose to fix it, as opposed to using a tracker. This should not be surprising though because you will be afforded security in the knowledge that you will always know exactly what your payments will be from month to month for the next few years. For those that need to manage their budget carefully, paying this little extra is worth knowing just what is leaving your account and when. That being said, there are those that will happily go for a tracker, the slight added risk to their budgeting and take advantage of the short term lower monthly payments. Both fixed and variable rates are available for those remortgaging with bad credit, too, but the rates will still be higher. A problem with variable rates is that nobody can say when the base rate will fluctuate or by how much. There is precious little point in trying to guess or ‘work it out’ either as the chances are pretty strong that you won’t get it right. Certain trends in a given area can be watched for though, and if you have reason to believe that your payments may go up, into uncomfortable or unaffordable territory, then go for the security of fixed rates.
Arrangement feesOn first glance the lower rate mortgage may look the better, cheaper deal but that may not actually be the case. It is important that you consider the effect of arrangement fees too. After looking around at your options you may find it is actually more cost effective to make payments at a slightly higher interest rate – if setup costs are cheaper. Taking these kinds of things into account can save you a fair amount of money over time, but if you aren’t sure of what to look for a mortgage broker will be able to help you. This approach could be especially important if you are remortgaging with bad credit.
Other feesThere are going to be valuation and legal fees to consider too, so you need to keep those in mind when you are adding everything up. These fees are not going to be as high as when buying a property, but your new lender will need valuation survey and there will be paperwork to be completed by a lawyer. It is worth keeping in mind that there are some lenders that provide services free for those that are remortgaging so it is worth considering and it could work out cheaper that way in the long run too. If you are not sure how you go about figuring which deal is the best one for you, a mortgage broker will be able to help you out.
DepositsHow much equity you have can make a big difference in the kinds of mortgages that you will qualify for. If you have the cash to make the deposit, you will find that the best possible rates are more readily accessible if you are able to make a deposit of 25% and sometime even more. Generally speaking, the more that you can lay down on a deposit the more favourable the repayment options are going to be. This is another instance where ‘shopping around’ and comparing offers is really going to pay off.
Charges for early repaymentOne question that you are going to have to ask yourself, or should ask yourself at any rate, is how long do you want to be attached to your current deal for? Like any other type of loan, the sooner you pay it off the more you will save over time… That’s how it is meant to work, anyway. You will see, when comparing mortgage products, that the majority will charge an Erc (early repayment charge) which will apply during the introductory period. If, for example, you have a two year fixed rate mortgage you will be charged a fee for paying off the mortgage inside the first two years. Not all remortgaging products have an early repayment charge though. The majority of lifetime trackers are totally fee free which, as options go, makes them very flexible indeed.
Fees for leaving your current mortgage agreementAfter taking the decision to remortgage, and the process has come to an end (this can take around a month), you are going to be charged what is known as an exit fee. This is just standard practice and the fee is to cover the costs generated by the administrative process of closing the current mortgage account. How much the fee will be is going to depend on the lender you are with. The most that you can be charged is around the £295 mark. The fee that you will actually be charged will be printed on your existing documentation for the mortgage you currently have. This stated fee will not have changed – lenders cannot alter the amount during the mortgage term, the FSA (Financial Services Authority) saw to that a while back. Of course, all of these fees will weigh slightly heavier on your shoulders if you are remortgaging with bad credit but with proper planning and sound advice you can still walk away with a suitable, if expensive, deal.
If you’ve looked over a ‘how to get started in cryptocurrency’ guide you’ll realise that finding a broker is an important part of the process.
Crypro brokerages are also an extremely competitive area – which means big marketing campaigns, affiliate schemes – and plenty of websites telling you exactly who to use. Sadly, it’s pretty obvious that most of those things point you in the direction of whoever’s spending the most money to get you onboard – not always the best choice for you!
Rather than point you in one direction or another, we’ll run you through 10 of the most reputable brokers and exchanges currently operating – and give you a few pointers that might help you make your decision.
In terms of established names, you won’t find many more solid than Coinbase. They’ve got a nice and simple step by step process that sees you create a digital wallet, connect your bank account then start buying currency.
Coinbase only trade Bitcoin, Ethereum and Litecoin at the moment – so if you’re looking for something less well-known, you might be better starting somewhere else. For the 3 big currencies, Coinbase is a good bet.
CEX.io is another well known name in crypto – and has the enviable record of having never lost any user’s funds to theft. Combine that with a 99.999% service availability and CEX.io presents as a very safe and dependable choice.
The site meets financial legal compliances in some of the most stringent countries in the world too – so you’ve got more than just a few good reviews backing your choice of broker up.
Reading a Localbitcoins review will make it clear that this isn’t your average crypto broker site – instead, the service is a true peer-to-peer bitcoin trading service.
Imagine a classified site but entirely for Bitcoin – the site allows users to post advertisements offering their own exchange rate and payment methods. Localbitcoins consider themselves the future of Bitcoin trading – a peer-to-peer service for a peer-to-peer currency.
Wall of Coins
Wall of coins cite themselves as being the most trusted crypto marketplace on Earth – and a bit part of that is the way they handle their customers and their coins.
A lot of brokers offer a wallet that doesn’t offer you direct access to your coins and their keys – but Wall of Coins does. Not only that, but all coins are held in ‘cold’ storage – an unmarked secure facility with the highest level of security. A lot of companies that hold coins offline take a while to grant access and begin transactions – which can be limiting – but Wall of Coins offer access within 15 minutes – impressive speed.
Coinhouse is one of the few crypto exchanges that’s based in France – and it’s run by Ledger, the team behind the Ledger Nano S – one of the most highly thought of hardware wallets on the market. As such, you can sleep easy knowing your currency and details are in safe hands.
Coinhouse deliver your currency immediately, meaning you’re free to spend your time as you wish – rather than sitting around waiting for your account to credit. They comply with regulations throughout Europe and the USA and pledge no hidden fees – so what you see is very much what you’re going to pay.
ItBit crank up the authority on their site and through their marketing material by concentrating on financial organisations and Bitcoin trading professionals. They’re regulated throughout the US and offer bespoke services for clients who are trading serious numbers of Bitcoin.
ItBit very much put themselves forward as the next level of crypto exchanges – and part of that is their high level of customer support. If you need help – they’ve got dedicated customer support representatives available online or via the phone at any time of the day or night.
Twin their levels of customer care with the fact that they were the first regulated Bitcoin exchange in the US – and you’re onto a safe bet.
Changelly is a little different to the other services on this list – in that it doesn’t trade in traditional currencies whatsoever – so your GBP, USD or EUR is no good here!
Instead, you’ve got the chance to find some exceptional exchange rates between digital currencies – better than the services that deal with standard debit and credit card transactions. When you visit the site you can enter the currency and amount you wish to trade from – and you’ll get a real time indication of how much you can expect out from your desired coin.
Because Changelly doesn’t actually hold any coin – all transactions are facilitated directly with the relevant user and trading platform – protecting user anonymity. This is a good review of Changelly that we would highly recommend that you read.
Although Coinmama only sell Bitcoin and Ethereum, they pride themselves on ease of use and speed – so if you don’t have the time to sit around making sure each step of the process is going to plan, you might find yourself right at home here.
Select an amount, click ‘buy now’, enter your card details and you’re done. Plus, you can quickly and easily track the status of any order. Simplicity at its finest.
Where most exchanges only accept Visa, Mastercard and PayPal – Bitpanda are happy to accept any one of 10 payment options – from Skrill to SEPA.
Bitpanda came to life after its founders – all Bitcoin enthusiasts – discovered how difficult it could be buying Bitcoin in Europe. The service is fully automated – as soon as you submit your payment you’re automatically credited with the cryptocurrency of your choice. Their homepage has an exceptionally detailed FAQs section that will take you through any uncertainties you have about the platform.
As you might be able to guess from the name, Bitquick is another service that prides itself on a quick turnaround time for customers – and while they don’t claim to be instant – you can get the transaction time for their 10 latest orders on their site – and it’s usually less than 20 minutes.
One of the big factors that sets Bitquick aside from anyone else is that fact that they handle cash – real cash, transferred to their account – rather than credit or debit card transactions that require the card issuer as an intermediary. You can expect some ID checks if you’re dealing with massive figures – but that’s to be expected – and there aren’t many exchanges that handle cash transactions so quickly and safely.
There are lots of resources online such as the Elliott Wave theory that’ll explain how to start out with using their particular Forex brokerage or tools – but not as many impartial guides that’ll give you an overview of the steps you need to take.
If Forex trading looks like something worth exploring, follow these steps to get up and running…
- Get clued up on the terminology
Before you make any trades you need to know the language of the marketplace. Take some time to read some guides on Forex and you’ll see terms used in context. Here are a few of the most important ones to get you moving:
- Base: The base currency is the one you’re holding or selling.
- Quote: The quote currency is the currency you’re purchasing.
- Pair: A pair represents the two currencies you’re dealing with in a trade.
- Exchange rate: This is the rate at which the base can be exchanged for the quote.
- Long: This is a trading position, in which you intend to buy the base and sell the quote.
- Short: This is a trading position, in which you’re buying the quote in exchange for the base.
- Spread: The rate at which a broker buys and sells currency is referred to as a ‘bid’ and ‘ask’ price respectively – between those two prices is the ‘spread’.
- Point/Pip: This is 0.0001 of the change in value between two currencies.
It’s worth becoming familiar with the different currency acronyms too – as well as the terms that relate to different buying strategies.
- Check out some quotes
Having a look at some Forex quotes will give you a good idea of how the previously mentioned terms fall into place.
Generally, you’ll see bid and ask price that relates to the broker you’re using, the opening price for that currency – as well as the highest and lowest values the pair has achieved that day. Things get really interesting when you see the red or green columns – indicating whether the base currency in the pair is up or down in value against the quote.
- Think about currency pairs
Most Forex brokerages deal with the main 4 main currencies pairs, they are:
- EUR/USD – The Euro and the US Dollar
- USD/JPY – The US Dollar and the Japanese Yen
- GBP/USD – The British Pound and the US Dollar
- USD/CHF – The US Dollar and the Swiss franc
That said, there are combinations possible that extend to more broadly than these 8 currencies – so there are a few things to think about before you decide which to choose. You might want to consider:
- The countries current financial situation, including employment and inflation
- The countries political position – stability in politics normally means currency stability, but elections can stir things up
- The country’s current trading position
- Find a suitable Brokerage account
Searching for brokerage accounts is generally going to return reputable companies on the first few pages of Google – and assuming you do a little homework into them before you sign up (to make sure you’re happy with the way they operate) then you won’t go far wrong.
That said, not all brokerages are regulated or even legitimate – be careful to do some reading up before you commit to giving your detail and money to anyone who’s been recommended as part of a chat, forum or social media conversation. Chances are you’ll be fine – but it’s better to check.
It’s also important to check that the company you’re going to be using complies with your local financial regulation – for example, the Financial Conduct Authority (FCA) regulates companies offering financial services in the UK. Check your local laws and regulations if you’re not sure.
- Decide which type of account you want
Generally, brokers will offer two types of account. A personal account lets you execute trades yourself – whereas a managed account will see trades made on your behalf by a broker working for the company.
If you’re here, the chances are you’re looking to do the trading yourself, but watching what a broker does with your money can give you a good indication of how someone more experienced approaches the market.
- Fill out an application
Signing up for a broker account normally involves submitting some paperwork to confirm who you are – such as a driving license, utility bill, passport – and so forth.
Don’t panic, this is normal and just the broker’s way of staying compliant with their local money laundering due diligence laws.
- Think about how you plan to approach the market
There is no one perfect way to trade in a Forex marketplace – people have made fortunes and lost fortunes following virtually every strategy conceivable. There are however 3 overarching approaches that more niche trends tend to fall under, they are:
- Technical analysis: The studying of historic data relating to the currency and the conditions that surrounded the fluctuations in price at that time.
- Fundamental analysis: This is the study of fundamental data relating to the country’s economical position and using this data to inform your trades.
- Sentimental analysis: The ‘sentiment’ of the market relates to how traders are reacting to the current currency fluctuations. Analysis of this information can give an indication of the currency’s immediate future performance.
- Think about margin
Now, understanding margin could take up books as a subject by itself, however, it’s important that you think about it now as it can have a huge impact on your trading.
Often, a broker will allow you to trade greater amounts of currency than your capital allows. For example, at 1:50 rate, with £1,000 of capital you’d be able to trade £50,000 worth of currency. This means your capital can go a lot further, but you’re multiplying your risk – as well as potential rewards.
- Make some orders
When you feel ready, you’ll be able to make some orders through your broker account. Generally, someone who’s stepped into Forex to ‘trade’ will look to place a ‘market order’ – which is a direct purchase of a currency through your broker.
It’s not the only option though, you could place a limit order that your broker will make on your behalf – which sees an order placed when a currency hits a certain high or low – or a stop order, which is an instruction for a broker to buy or sell your currency above or below the current market price in the anticipation that the price will move in this direction.
- Monitor the red and green
When you’re the proud owner of some currency, it’s time to watch the market! You’ll now be looking at a screen that like the quote sheet in step 2 – but now those green and red numbers actually impact your position. Hold tight, this is where big money is made and lost in the blink of an eye…
The impact of social media and broadcast news sites on the way news is reported is undeniable. The style in which news articles are written and the mediums through which these stories are shared have drastically changed in the last 15 years. But likewise, the platforms showcasing news stories have also continued to evolve, keeping up with the needs and wants of the reader. So, what does the future of the news industry look like will it be online like other publications such as https://proefabonnementkrant.com/telegraaf/?
For the first time ever, more people used messaging apps than social media in 2015. Since that initial month, messaging apps have continued to reign supreme over social networks, pulling in more and more users every month.
For platforms like Facebook, which has more users reading the news on its site than any other social network, this isn’t bad news. That’s because Facebook also happens to have its very own integrated messaging system, which is highly popular. It also owns WhatsApp. These two messaging platforms pull in 800 million and 900 million users respectively. With Facebook leading the way when it comes to news stories, perhaps the future involves taking these stories to their messaging apps. Users could set their notification preferences based on the type of news story, be it urgent, international, celebrity gossip etc.
In the past few years, publishers have invested heavily in their video content. But with the likes of Amazon Echo and Google Home finding their way into people’s houses, is this due to change and the focus shift to audio news?
Some companies have already begun experimenting with audio news stories, with the liked of The New York Times creating multiple podcast series. This includes their series named The Daily, which provides listeners with a 25-minute update on current news. A new episode is released five days a week.
There has also been a boom in audio investment when it comes to automobiles. It is estimated that 20% of vehicles in the US are currently connected to the internet, though the goal is for this to be 100% by the year 2025. Content creators have felt the benefits of the increase in internet access, with Pandora’s VP of Business Development stating that “Automotive is our fastest-growing listening category.” With Pandora known for its personalised content, is this a precursor for the future of news reporting? Will we soon be listening to our own personalised version of the news?
Anonymity is a thing of the past when it comes to the internet. While people may refer to trolls ‘hiding behind their keyboards’, websites are collecting huge amounts of data on users. Creating accounts on websites gives information such as your birthdate, ordering packages passes along your home and/or work address. Your subscription to Birchbox gives an insight into your consumer choices, and your frequent visits to Ladbible.com highlight your sense of humour. All of this data is collected online and used to create tailored suggestions for content you’d enjoy. Facebook in particular enjoy using the information from your likes and links to get to know you better, and will continue to provide what it deems the most useful news stories for each person. The need for add-on tools like Feedly and Flipboard suggest there’s still some way to go with perfect this personalisation.
What else will change?
Just as social media decided to get in on the action, it is likely that other companies will adapt to the growing trend of finding news online. Companies not previously associated with the traditional news publications will begin branching out into the news industry. There are two reasons that this is likely. Firstly, companies will try to keep readers on their website. This will help them improve their user stats, find out more about user demographics, increase the price for advertisers with banners on their site, grow the company’s reputation. The list goes on. The second reason that sites will begin offering their own news section is to keep the readers happy. That’s because leading readers away to a different site requires additional seconds for the content to load. According to Mark Zuckerberg, chief executive of Facebook “People don’t want to wait that long so a lot of people abandon news before it has even loaded.” No wonder Facebook’s news summaries can be seen on everyone’s main feed.
This overlap may also happen in the other direction, with traditional news publishers branching out to increase revenue. This could be a necessary step for news companies. Indeed 60% of publishers believe that monetization will be their biggest challenge, thanks to the increased use of ad blockers, low ad rates on mobiles and high levels of competition. There are a number of ways companies can evolve to increase revenue, such as:
- Becoming event organisers. Many publishers have run their own events, such as Stylist Live and Forbes’ Summit Conferences.
- Launching their own creative agencies. These are created to produce branded content. Examples of this include the Huffpost Partner Studio and Vice’s Virtue team.
- Opening research institutes. These teams conduct high-level research, which supports the news generated by the publisher. The Economist’s version is known as the Intelligence Unit.
- Creating teams to build and analyse user data. At Buzzfeed, the team is building technology that can detect web trends and connects users with content they’re most likely to enjoy.
While there’s inevitable change coming to the news publication industry, some things are expected to remain the same thanks to the high-standards set by traditional publishers. While people want content to be available quickly and news broadcasts streamed in real-time, digital publishers continue to pursue the credibility of traditional publishers, raising the bar in journalism. There has been a steady decline in journalism jobs over the past many decades, but a regrowth of the industry to cope with the changes could be a very real future. Only time will tell.
Bitcoin – you can’t open a news app or tech blog without hearing about the world’s favourite digital currency – but what else is going on in the cryptocurrency world?
Well, quite a lot it actually – and while no other currency has seen the explosion in value that Bitcoin has during the last 18 months, that’s not to say Bitcoin is the only player to keep an eye on.
If you’re considering dipping into less familiar cryptocurrency waters, it pays to do you research – check out some write ups on potential brokers – like this indacoin review – before you buy – and in the meantime, we’ll tell you a little about 5 ‘altcoin’ currencies that are showing significant promise and could represent the next big thing…
Even those who aren’t familiar with the nuances of cryptocurrency are increasingly likely to have heard about Ethereum – especially owing to how hard marketers have hit the social media channels trying to push their ether related services.
‘Ether’ – the name of Ethereum’s currency – is the second biggest digital currency behind Bitcoin and it’s fairly new on the scene, having launched in 2015. Ether is a little different to Bitcoin, in that it operates on an ‘if this, then that’ contractual basis. Let’s line it up next to Bitcoin to explain how that works:
You’re buying an ebook with Bitcoin, you send the private key to the person’s wallet and they send you the product.
You buy the same book with Ethereum and a contract could be generated, stipulating that when the funds are sent, the ebook is released – or alternatively, when the ebook is received the funds are released.
Although Bitcoin operates without ‘trust’ needed in the actual transaction, as soon as human’s become involved with any process beyond the actual money transfer, trust is again required. With a smart contract system, trust is removed.
- Ether started 2017 at around £6/$8 and looks set to finish the year around £350/$470.
Another newcomer to the crypro game, Zcash didn’t launch until late-2016 but is looking like a very promising contender going forward.
The currency focuses on security and privacy when compared to Bitcoin. Where Bitcoin operates on a public blockchain with every transaction that’s been made visible to anyone who looks, Zcash’s offers what they refer to ‘shielded’ transactions, where sender, recipient and the amount of the transfer are protected from view.
If increased security and anonymity are your thing – Zcash is worth a look…
- Zcash started 2017 at around £37/$50 and looks set to end 2017 around £225/$300
Ripple was launched in 2012 with the primary aim for allowing banks to facilitate and settle cross-boarder payments in real-time with “end-to-end” transparency.
The big difference when compared to Bitcoin and most other blockchain based cryptocurrencies comes when the currency is produced. Most cryptos rely on ‘mining’ – a sophisticated process of solving the mathematical problems that occur throughout the blockchain when transaction are taking place. With Bitcoin’s blockchain, miners are rewarded for this action with more Bitcoins – but Ripple is different.
Essentially, Ripple facilitates the transfer of other currencies and commodities with gateways – and through those gateways money is sent – or rather, not sent. The money doesn’t actually leave the gateway that it’s deposited into, but is still released by the recipient’s gateway. It’s an IOU system that works because each gateway trusts one another not to break the relationship.
Ripple is extremely flexible – because, as long as gateways trust one another, anything can be transmitted without it actually moving – in fact, it doesn’t even have to be the same currency that goes it as comes out. Money in, car out – etc. Ripple’s algorithms work to find trust between two sources and execute the transaction through that trusted channel.
- Ripple started 2017 at just a tiny fraction of a dollar ($0.006) – and although the price vs. USD is still low – it’s significantly higher than it was at around $0.25 toward the end of 2017.
We’ve all been caught out with an internet or media fact that turns out to be nonsense – but there’s one about cryptocurrency that just won’t go away:
“Bitcoin is anonymous”
Well, it’s not – some understanding of the blockchain lets you know quite how false this actually is. However, there are calls for true financial anonymity – and Dash seems to be answering those calls. At it’s heart, Dash operates on a near identical blockchain to Bitcoin – but has the addition of quick transactions and transaction privacy.
Dash has been around since early 2014 – and was initially called ‘Darkcoin’. Its developers had big ideas for how Bitcoin could offer increased anonymity and speedier transfer times – but rather than approach Bitcoin, Dash’s founders decided to go it alone – as a result, they’re now one of the biggest altcoins out there…
- At the start of 2017 Dash tipped the scales at £9/$12 – whereas in the closing months of 2017 it was sitting around £512/$690
Litecoin wasn’t far behind the launch of Bitcoin – coming to the market in 2011. In a lot of ways, Litecoin has always been seen as the smaller sibling of Bitcoin, operating with a very similar blockchain system but always at a much-reduced buy-in cost.
Like Bitcoin, Litecoin has a decentralised ledger system that’s the brainchild of an ex-Google engineer and uses a ‘mining’ proof-of-work system that doesn’t require the huge processing power and energy consumption of Bitcoin.
As a result of this less intensive ‘mining’ process, blocks in the chain are generated much more quickly vs. Bitcoin and therefore Litecoin’s transaction confirmation times are greatly reduced. Litecoin is an increasing favourite with merchants and online developers owing to this quick turn-around…
- Litecoin was worth around £3/$4 at the beginning of 2017 – and is now at an impressive £60/$80 toward the end of 2017
There are a lot of cryptos out there that look great – but, as with any investment, the prior performance of cryptocurrencies doesn’t reflect their future performance – so don’t invest money you can’t afford to lose – and seek as much professional information about your chosen currency before you go empty your wallet of traditional cash…
- Be prepared for the topics you’re likely to discuss before speaking to a life insurance advisor.
- Research the different types of cover.
- Work out how much cover you need.
- Find a claim that suits your financial obligations.
- Really think about who you want your beneficiaries to be.
- If you have an ex-spouse, make sure their rights are clearly stated in the life insurance policy.
- Consider a policy with ‘living benefits’.
- Double check that you’re able to review or amend your life insurance policy.
- Be sure you’re getting an accurate quote.
- Consider using a ‘free look’ period.
Do you have enough time and energy in the day to earn more money?
With our fast paced lives it’s not uncommon to feel like you don’t have time to sleep – let alone do something that’s going to mean you earn more money.
With that in mind, there’s another way to boost what’s in your pocket – that’s to spend less money in the first place! But how do you do it and keep the level of lifestyle that you’ve become accustomed to?
Well, we’ve got 12 great ideas that will reduce your outgoing from today onwards. We can’t give you extra hours in the day, but we can definitely save you some money!
Plan your food
We waste a huge chunk of money by not planning our meals and just shopping either every day or every couple of days. Buying like this means we rarely ever take advantage of the lower prices that come with bigger packet sizes – leaving our freezers and wallets looking quite empty.
Draw up a list of meals for the week, plan ingredients and make one supermarket journey instead of 5!
Turn the thermostat down
It’s a well-known trick – but turning your thermostat down by one degree rarely makes any noticeable difference to the heat of your home – but can make a big difference to your heating bills when added up over a year.
Don’t throw good food away
As a nation we throw an enormous amount of food away each year – billions of tonnes in fact. Part of the reason for this is a misunderstanding around what’s good to eat and what’s not.
A ‘use before’ date means that the food could potentially be dangerous if you eat it beyond that date (think raw meat, diary, etc) – but on the other hand, a ‘best before’ date is really just advice.
Check your food, if it’s a few days over a best before date and it looks or smells as you would expect it to – the chances are it’s perfectly okay to eat! Check the wording and save a fortune on shopping costs.
Do free stuff
It doesn’t get much better value than free! And, if you’re smart with your searching, you’ll find dozens of things you can that are exactly this price.
From museums and galleries to beaches and parks – there’s some incredible free attractions that you can take advantage of if you’re willing to do some web searching to track them down!
Read more books
In this world of box-sets, paid TV channels and expensive streaming services, books look like incredible value for money! Instead of firing up the TV and flicking until you find something you like, pick up a few books. You can find them second-hand for next to nothing – and they’ll take a LOT longer to read than even the chunkiest box set!
Don’t pay more debt than you need to
If you’re struggling with debt you might not realise that there are some great options out there for coming to an agreement with your creditors and reducing the amount you repay.
To work out who you can turn to for support and guidance, check out reviews of companies who can potentially help – like this one from https://www.facethered.com – and slice your debt down to size!
Don’t shop when you’re hungry
Shopping when you’re hungry is a recipe for disaster! You’re far more likely to buy more than you need – as well as increasingly likely to spend money on expensive food that’s got attractive packaging made to appeal to your empty stomach!
Throw away your takeaway menus
If you ditch the takeaway menus and apps that mean you can order in just a few clicks, you’re far less likely to turn to them as quick and convenient (but expensive) options. What’s more, if you can keep a couple of keep and cheap options in the house – your hungry stomach will push you toward them – rather than hitting the internet to study menus…
Have a standard work wardrobe
You can thank Mark Zuckerberg for this tip!
Rather than pick out a different outfit each day – he sticks to a modest combination of a t-shirt and jeans. Now, you might not be able to do exactly the same – but that doesn’t mean you can’t have some staple go-to items.
Sticking to a basic wardrobe means you’re less likely to have to purchase new seasonal items – or pick out specific items that compliment only one outfit.
Delete your card details
Deleting your saved card details might not save you money directly – but it puts another barrier in the way of spending money online – which is one of the quickest and most tempting ways for us to spend our money.
If you’ve got to reach into your pocket each time you want to spend money, it gives you a little more time to consider whether or not you actually want and need that item…
Buy some thick jumpers
It’s a lot less costly to heat yourself than it is to heat your entire house!
Buying some decent quality wool jumpers means you can turn the heating right down – if not switch it off completely. Multiple layers works well too. You can worry about whether or not it feels like you’re being a ‘skinflint’ when you relax on the beach holiday you’ve managed to save for with money that everyone else has been spending on energy bills!
Book tickets well in advance
If you’ve got any long-distance journeys coming up try to look for tickets months in advance. Even if they’re not available right away you’ll usually be able to create an alert that will let you know when they go on sale.
In some cases, train tickets can be up to 90% cheaper when bought in advance – money that’s a lot better in your pocket!
Get an insulated coffee cup
Buying expensive cups of coffee might feel like a treat, but in reality it’s an extremely expensive habit if you do it every week or every day you’re at work.
If you check out your local supermarket or a good online store you can find insulated cups that will keep a homemade cup of coffee hot all day – and even fully waterproof ones that you can seal and throw in your work bag to be consumed whenever you want. We’re not saying that you have to downgrade to instant coffee either – even fresh home ground coffee is a fraction of the price of a shop made cup!
Gambling is something that is inherently part of popular culture, it’s often portrayed in movies and media as a high-end sophisticated past-time that glorifies Las Vegas casinos yet we all know the reality is a lot different.
Online gambling has enjoyed a boom over the last 15-20 years or so but with this comes a rise in addiction. For the UK Gambling Commission and many other governing bodies the types of addiction that online gambling can be a lot different to what we think of in its traditional sense. In a survey carried out by the commission in 2015, studies found that 62% of people gambled, with 1% of people identifying as problem gamblers. A further 4% of people surveyed explained they were at a moderate to low risk of facing addiction or problems with their gambling.
Gambling addiction is an illness that shouldn’t be taken lightly. Addiction on the whole is something that can affect the relationships that you have with your friends and family but both your financial situation that can lead to issues with your bank or even lead to further mental health issues and things like that.
This article is designed to give you tips and insights into how to overcome gambling addiction and deal with your financial problems relating to your addiction.
Cut off your source of funding
If you’ve been sustaining your gambling with many different payment methods or multiple cards this is only enabling your addiction, try minimising the options you have to deposit, slowly cut-off your access to certain credit or debit cards or nip the source as a whole. Additionally, it’s also possible to stabilise your credit report which increases the difficulty of opening any new credit card or loan accounts to feed you’re playing habits. Recognising that you have a problem is the first step and often the eye-opener that you need that will aid the next steps of your recovery.
Don’t Chase your losses
The psychology of gambling is a very complicated phenomenon but at its most it boils down to whether you can walk away or not. The trick is to only gamble what you can afford and see gambling as a form of entertainment rather than a way of making money. For example, if you set £50 aside to play some blackjack or slot games then you can be safe in the knowledge that you have fashioned a start and end to your session. Setting strict depositing limits is a good way of maintaining these time and depositing variables.
If you do lose, don’t chase your losses. Accept that this is part of the risk and enjoyment of gambling. It’s a common occurrence for many gamblers to think their next spin or next hand will be the one where they recover, most of the time this never materialises.
Seek professional treatment
Looking for help from friends or family can often put you both in a difficult position, theirs feeling and emotions involved which often lend themselves to creating a lack of objectivity when it comes to treating your behaviours. There are many trained medical professionals who can talk through your problems and the psychology behind it. Once you understand the issues that lead your unhealthy behaviours you are separated from the issue and in pole position to amend the situation.
Once you’ve done this you can begin to create healthy habits. Why not create a list of people you owe money to and slowly look to pay back these debts.
Scott Manford, CEO of Easy Slots said: “We take the well-being and safety of our gamers very seriously at Easy Slots and always pay close attention to some of our players who seem to be developing a problem. We strongly advise players to set reasonable deposit limits and refer to our responsible gambling policy whenever they feel necessary. Learning how to minimise risk gambling is key”
Problematic gambling is a very real issue across the globe and can effect anyone, at any time. The more we can do to normalise the addiction the easier it will become to treat the problems that are at bay. Always understand that there are many means of seeking help for your addiction and developing healthy habits to curb your addiction.