How Do You Improve Your Credit, Anyway?

When it comes to your financial health, you should be concerned with more than how much is in your bank account or how much you are earning alone. There’s another measure of your financial health that is just as crucial for long-term planning: we’re talking about credit. Here, we’re going to offer a reminder as to why credit is so crucial and, from there, look at the steps you can start to take to improve it.

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The importance of credit

First of all, it’s important to remember what your credit score really is. It’s a numeric value that is assigned to you, as a person, by a host of credit organizations. Effectively, it’s a measurement of how reliable you are when it comes to sticking to the terms of a credit agreement, whether it’s a loan, a long-standing bill order, or otherwise. Your credit can dictate the terms of future loans you get. Better credit typically means better terms such as lower interest and more flexible payment periods. As such, if your credit score is too low, then you can expect to repay more for each loan compared to someone with a higher credit score, for instance. But how do you improve your credit score?

Make sure that you pay everything on time

The most important way to keep your credit score up is to make sure that you’re not falling behind on your existing credit arrangements. Don’t think about applying for anything else until you’re sure you have your current set-up in order. If you have trouble remembering to pay bills and can easily fall behind that way, then consider using apps that can give you bill reminders, or setting up accounts with your creditors that allows for automatic payments directly from your bank to them. If you’re using rolling credit such as a credit card, then you should make sure that you’re making frequent repayments, rather than just climbing out of the hole once you get deep enough in it.

Get out of unarranged debt

Not all debt is terrible for your credit rating, but that’s something to get into later. Unarranged debt, such as being late on bill payments or falling behind on your credit card can very much be detrimental to your credit score. If you’re deep into unarranged debt (i.e., debt that isn’t tied to a loan that you planned to take out, such as an arranged overdraft), then you should look at ways to get out of it. If you need to take advantage of a debt relief program, then consider making a move on it. The sooner you are out of debt, the sooner your credit score can start to heal again.

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Make sure there are no false black marks on your credit report

Your credit report is a record of your past and existing credit arrangements. It is used, in part, to determine what your credit score will be. Every person has the right to access their credit report from one of the three major credit reporting agencies at least once a year. From there, you can take a closer look to see if there are any black marks, such as outstanding debts, that you should take care of. However, it is not uncommon for people to find that there are records that should not be on that credit report, such as late repayments that you don’t really owe, or records that, by rights, belong to someone else. If you see any records on your credit report that don’t make sense, it’s typically recommended that you get in touch with the company that filed the report in the first place.

Make use of your credit

In some cases, it’s not a low credit score that is the problem. You might not have much of a credit history, to begin with. That might sound like a clean slate to you, but most lenders and financial institutions are looking for someone who can provide proof that they are able to stick to their financial arrangements. Making use of low credit options such as guarantor loans, with someone else as a signatory, can help. You can build up your credit history by showing that you are able to stick to the letter of the loan agreement.

Mind your utilization rate

If you’re making use of any forms of rolling credit, such as a credit card or an overdraft, it can be healthy to use them and repay them again. Much like taking on a manageable loan, this is a way of building your credit score. However, you should pay attention to how much you are relying on these forms of credit and how “deep” you are into them. This is known as your credit utilization rate. Typically, a lower credit utilization rate will be better for your credit score. You don’t want to constantly be as deep into your overdraft as it allows. You should use it wisely, instead.

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Don’t open or close accounts too quickly

It’s easy to assume that taking actions regarding credit accounts can help you, but you should make sure that you’re not making one of the common mistakes that can bump your score down. First of all, do not close unused credit cards or overdrafts unless you are at risk of misusing them and getting yourself into debt. Keeping these open can help you maintain a low credit utilization rate which, as mentioned above, is good. Otherwise, even if you’re trying to build a credit history, do not start applying for a lot of new credit arrangements. Take your time, apply for the best one that suits you. Otherwise, credit agencies will see a lot of inquiries going into your credit, which can be a bad sign to them, leading to a decrease in your credit score.

It can take a while for a credit score to start to improve, especially if you have any uncleared debts on your record. Get started with fixing it now and you should start to see real improvements by the time you need to make use of your credit, whether to buy a car, a house or otherwise.

Outside Issues That Could Be Holding Your Career Back In 2021

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A successful career has always been a priority shared by millions. Right now, though, the focus is even greater, especially if the pandemic posed stumbling blocks in 2020. Even if your job stayed safe during the past 12 months, this period has highlighted the need to strive for better.

However, dedicating yourself to learning new skills and proving yourself to be worthy of a better job is only a part of the puzzle. The other pieces need to be in place too. Here are some of the issues that could be holding you back.

Body Language

When looking to make yourself an attractive candidate, you must remember that employers want the whole package. Your skills and talent only go so far, especially as the competition for jobs is greater than ever. A body language course and confidence booster could be a game changer. It is just as beneficial as direct skill development.

Improved body language doesn’t only improve your hopes of making a big impression when attending job interviews. It also influences client opinions while it can enhance your hopes of getting noticed for a promotion. Whatever increased success looks like to you, body language is a vital factor.

Location

There’s a lot of truth in the ‘right place at the right time’ cliche. The reality is that your skills may be in demand in one city but not in another. Likewise, some locations boast a thriving or emerging industry. For example, New York and Los Angeles are enjoying success in the electric vehicle market. 

Therefore, it may be better to rent for the next stage of your life. This will give you the versatility to follow the opportunities rather than limit yourself to those in your current location. Your career isn’t the only key feature in your life, which is why relocation isn’t for everyone. If a better job is the priority, though, this issue can’t be ignored.

Driving

A growing number of workers and contracts need to travel around for work. Therefore, problems with your license could significantly reduce your possibilities in some sectors. If facing potential disqualification due to an accident that’s not your fault, a car accident lawyer could save your job prospects. As well as protect your finances.

If you are a young worker yet to earn your license, it’s worth looking into taking lessons ASAP. Aside from improving your primary career, it offers a backup for if you lose your job. You could fill the employment gap with a delivery job or taxi service. Or, you could gain a commercial vehicle license for even more.

Health

Finally, you must not overlook your health. If you want to give the best version of yourself at work, you need to be the best version of yourself away from it. Checking out hearing loss symptoms or other health issues is essential. Otherwise, the impacts can seriously harm your productivity levels.

For similar reasons, you must adopt a good nutrition plan and stay. Studies show that even 2% dehydration can affect your ability to work. Conversely, when you are a fit and healthy worker, you’ll display the energy and vigor to produce great work time and time again. And that’s something that won’t go unnoticed.

Great Reasons To Rent This Year

 

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When looking for a place to live the main question we ask ourselves is whether to rent or buy. Buying a house or a property is a big commitment and often the deposit we have to save for this is enormous. But what if you need a place to call your own without the wait? 

Today we are talking about renting and some of the reasons why it is a great choice for first time property owners. If you are looking to call somewhere your own this year, consider renting a property for these reasons. 

It’s faster 

One of the main reasons people will choose to rent instead of buy is for speed and convenience. The contract for renting is much less strenuous than buying and this means the turn around is much quicker than for those who take on a mortgage. You can sign your contract and be in your new property within the month whereas when buying you could be waiting up to a year. For convenience if you want a home quickly, renting is the easiest option for you. 

They are newer 

One great reason to rent a house or an apartment is that the home is usually new and in mint condition. Finding new apartments for rent is much easier than finding a new build house to buy - and a lot of the time your rental property will be kept modern and fresh by the landlord to ensure quality as well as to keep up with regulations. Whereas if you were to buy a house made in the 50’s; the home could be very old fashioned in terms of decor as well as building style. You’ll likely have to fork out a lot of money to update it and this can be a huge investment all on its own. 

You don’t pay for repairs 

If you don’t have a lot of money aside from your rent and bills each month; a rental property could be a safer option than a mortgaged one. The reason for this is that if an appliance breaks or a leak occurs - you don’t have to pay to fix it. The landlord owns the property and it will be their responsibility to pay for damages and unexpected breakages - meaning you’ll never be caught in the lurch having to pay for an emergency repair on your home. 

You can stay as long as you need 

For many people, a rental property is a placeholder property that serves a purpose while you look to settle down and get into a position to buy. If you are young or you simply don’t know what you want yet in life; a rental will give you a place to stay without the worry of being stuck in one place for too long. You can stay in a rental property for as short or long a period as you like, and you always have the option to move out into a different rental when you fancy a change. 

You don’t have to commit 

Buying a house is a massive commitment. It is a contract of 20+ years and you must be ready to settle down in your life before you make this kind of sale. If you think you’ll be moving around in your life for your job or lifestyle or you aren’t ready to settle in one place yet; don’t buy a property. Renting is more flexible and will allow you to carry on living your life the way you want while you have a bed to sleep in when you get home. 

Why Use A Removals Company?

When you start to plan out your house move, it will probably all start many months, or even years, in advance. You’ll start to get weary of your current home, or you’ll see that it’s no longer suitable for your needs and circumstances. Then you’ll start to toy with the idea of just taking a look at what’s out there as an alternative. Then you’ll get serious, realizing that there is a decision to be made – will you move or not? 

 Once you’ve decided that it is time to move, everything else needs to fall in place. You’ll have to find the ideal place to move to, and eventually, the time will come when your moving day will arrive. But do you have a removals firm in place to help you get from one place to the next? If not, you might regret it. Read on to find out more. 

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It Saves Time And Energy 

We all know that moving home is a stressful event, even if it’s worth it in the end. It takes a lot of time to pack everything up, move it all into a van, then unload it at the other end, and when you have plenty of other things to be dealing with and thinking about, this extra – very big – task can be absolutely overwhelming. 

 

This is why it’s always best to hire a removals firm to do it for you. They will be much quicker than you could be, and they will understand the logistics of maximizing space in their van. You won’t have to worry about ensuring everything is out of your old home in time for the next owners to move in either. You won’t even have to do any heavy lifting or ask friends and family for help when you outsource the entire moving job. 

 

One Cost

As well as being stressful, moving is an expensive thing to do. Even if you’re downsizing to granny flats Victoria there will still be items to pay out for for the move itself. Boxes, packing materials, tape, van rental, the fuel for the van, the added insurance, even the time of your friends who are coming to help you, will all need to be paid for. It can soon add up and become much more expensive than you might have budgeted for. 

 

If you hire a removals firm all of this will be taken care of with one single price. You’ll pay the removals company a pre-agreed rate (and it is crucial to have this in writing before you begin), and that’s it; you won’t have to pay any more. 

 

Peace Of Mind 

The biggest benefit of hiring a removals service is the peace of mind it will bring. We all have an emotional connection with objects, and we want to protect them from damage. A reliable, professional removals firm will know exactly how to pack, move, and store precious items so that they are safe and can be unpacked in one piece at the other end. 

 

When you have other things to think about, and you’re emotional about leaving your home anyway, having to deal with broken possessions is the last thing you’ll want. Don’t risk it; hire professionals and it won’t be a problem (and if something does go wrong, they’ll have insurance to help you). 

Eight Great Ways to Boost Your Earnings in 2021

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Following the year of 2020, which was all about surviving, 2021 should be the year of thriving. This is especially true from a financial perspective as the last 12 months have shown the fragility of your financial health. Now is the time to regain control of your situation to open new opportunities and put your mind at ease.

Here are eight great ways to bolster your earnings in the months ahead. Start to embrace them right away, and you should notice the difference in next to no time.

#1. Work for a promotion

Perhaps the most obvious and logical way to increase your earnings is to focus on getting a better job. Your career is likely to be the primary source of income in 2021 and until you retire. Therefore, knowing how to ask for a pay rise and get it is essential. Before approaching your boss, though, you’ll want to ensure that you are the strongest possible candidate. This means investing in your resume, appearance, and relationships with hiring managers and bosses.

If you successfully land a promotion, internally or elsewhere, it won’t only boost your finances in 2021. The benefits can last a lifetime.

#2. Maximize your rental property earnings

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Real estate is one of the best assets that anyone will ever have at their disposal. Therefore, squeezing every last dollar out of yours is essential. Traditional landlord duties are still a good option, but vacation rentals. Knowing the best way to advertise your VRBO property and get the recommendations to gain more bookings will take earnings to new heights. In truth, the short-term agreements are likely to outweigh monthly rentals, even if only full for 50% of the year.

Domestic vacations are likely to be more popular than overseas trips due to the pandemic. So, you may find that the earnings are even bigger than expected.

#3. Launch a side business

Starting a new business will require an investment of time and money. Nonetheless, the climate makes it more accessible than ever for home-based ventures and small local firms. Whether selling a service or creating products with the support of outsourced staff, you can run a business from your smartphone. It does not have to stop you from enjoying a successful career in traditional employment. And when things go well, you’ll be able to make the transition you crave.

There will be difficult moments ahead, though, which is why you should aim to work on something you love. When you do, the rewards are huge.

#4. Become an influencer

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Shooting for increased earnings without any risk is a particularly popular solution right now. Affiliate marketing through CBD schemes or other products can be a great way to gain success without ever handling products. Whether you have a lot of friends with joint interests or know how to target a niche through social media marketing doesn’t matter. The potential of this highly versatile arena should not be ignored. As a small side hustle, the fact it can be done from home is amazing.

Aside from removing the need to risk your capital, it solves headaches linked to managing an inventory of products. The ceiling is limitless too.

#5. Utilize your knowledge

When you have skills or experience in a particular field, it’s likely that novices are looking to follow in your footsteps. With the best podcasting equipment or home video camera, you can monetize your knowledge. Creating courses to become a tutor or mentor can open the door to a new revenue stream without having to abandon your career. Moreover, the use of pre-recorded content means you can take on as many digital students as you can find. It’s an ideal solution to refresh your mind.

Even 100 students at $50 each would boost your annual earnings by $5k. If you do well, it could grow far bigger than that.

#6. Start gaming

If you’re looking for a fun way to earn a few extra dollars, gaming for money may be the ideal solution. It does come with a degree of loss if you’re using a platform where you pay to play with a chance to win cash. However, there are plenty of free competitions out there too. In fact, the best players are signed to esports teams and can turn their passion into a career. Even if you are just looking for a way to earn a little extra cash in your recreation time, it’s worth researching.

Besides, it will make the gaming activities feel far more engaging and exciting than playing against the computer. Just be sure to be responsible.

#7. Make investments 

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Utilizing your savings in a successful way will have a telling impact on your future financial health. While Bitcoin has gained a lot of headlines, the whole crypto arena offers great opportunities. This is because the market is very volatile. So, when you trade at the right time, you can see stunning results. Another option is to support other businesses through funding in return for equity. There is a degree of risk, but calculated decisions should yield good results. Especially as most savings accounts pay low-interest rates.

You can combine this with a desire to go green by supporting eco-friendly schemes. After all, society’s desire to embrace them can only increase their hopes of success.

#8. Sell unwanted products

You probably feel that you are fairly good at removing clutter from your life. In reality, it’s likely that your home is packed with many unnecessary products. The good news is that they can be sold using the best online apps and websites. Whether it’s old electronics, collectibles, or clothes doesn’t matter. You could quickly generate a four-figure fee to boost your finances in 2021. It will simultaneously create space around the home. This is surely a match made in heaven.

There’s never been a better time to make the changes. After all, it’s a new year while the chances to socialize are limited due to the pandemic. Use the time while you can.

5 Tips For a Stress-Free House Move

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Moving to a new home should be exciting. You are beginning a new chapter of your life and improving your circumstances. You should be counting down the days until you get the keys to your property and you can make it your own.

But unfortunately, this milestone can be somewhat ruined by the stresses of moving day. Transporting all your worldly belongings from one home to the next takes a lot of time and energy, and can be very costly too. You will worry about things getting lost or broken during the move, as well as dealing with unruly children and last-minute delays. Moving day causes a lot of anxiety for many families, and the last thing you want is for your memories of your new home to be marred by this. 

But as long as you plan ahead and are smart about your move, it’s relatively easy to move all stress from the proceedings. Here are five tips to relieve your moving anxiety.

Make an inventory

More often than not, worrying about anything happening to your belongings will turn out to be in vain. But you can set your mind at ease by drawing up an inventory of everything that needs to be moved. This will make packing a lot easier as you can tick things off as you go. And once you arrive at your new home, you can easily check that all of your stuff has arrived as planned.

Pack smart

It may be tempting to shove everything into cardboard boxes to get packing over with as quickly as possible. But you'll be making things harder for yourself in the long run. Once the move is complete and you start to settle into your new home, you don’t want to spend all evening hunting for your kitchenware or bath products. Do your future self a favor by dividing your packing by rooms of the house. Label all your boxes clearly, and make sure they are well taped and secure to prevent things from going missing en route.

Start early

Don’t leave all the packing to the night before. This is a guaranteed recipe for anxiety. Start the packing process as early as possible, by getting all your cardboard boxes ready and packing anything you won’t need until after the move. Start deep cleaning your home well in advance, so you’ll only need a quick spruce up on the day.

Hire a removal firm

Although a removal firm will cost you, it is often more than worth the reduction in stress levels. A good moving company such as Allied Van Lines will handle all the packing and transport, so you can take a moment to breathe. 

Plan your first night

Once the last cardboard box has been moved, you won’t want to start unpacking all your kitchen stuff and cooking dinner. Make a plan to ensure your first night in your new home is as laid back as possible. Order in a celebratory takeaway for the family to save on the washing up. Keep a go-to bag close to hand throughout the move so you have everything you will need that night right with you. This way, you can save the unpacking for the morning.

How To Spot The Warning Signs When Test Driving A Used Car

Buying a used car is a great way to save money, but it can be risky. When you buy a new car, you can guarantee that it’s in good working order and there are not any hidden problems. However, with a used car, you have to take the word of the seller when they tell you that it’s in good condition and there is always a chance that it will have expensive maintenance issues that you need to deal with. 

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Following these simple tips will help you avoid getting ripped off when buying a used car but the most important thing you can do is to test drive it. If a dealership or a private seller is unwilling to let you test drive the car, start looking elsewhere because you can pretty much guarantee that the car is in bad shape. When you are able to test drive cars, there are certain things you should look out for to make sure that you are getting a good deal. Here’s everything you should be on the lookout for when test driving a used car. 

Check The Bodywork 

Before you get behind the wheel, take a good look at the outside of the car. If there are some small dents and scratches, that’s not the end of the world. As long as you are happy to live with it, they shouldn’t affect the performance of the car, just scratches fixed as soon as possible or they can cause the car to rust.

Speaking of rust, avoid buying cars that are covered in it because you will need to do extensive work on the body of the car and that can quickly get expensive. A little bit of rust here and there isn’t the end of the world but if the wheel arches are starting to fall apart, it’s not worth buying. 

When checking over the bodywork, pay particular attention to the different panels and how they fit together, and look for any slight variations in color. This can be an indication that the panels have been replaced because the car has been in an accident, in which case, you need to ask the seller about the extent of the damage. 

Test The Brakes 

The brakes are one of the first things you should test because the car is dangerous to drive if they don’t function properly. Test that the car stops in a straight line and listen out for any squeaking or scraping noises when you stop. If there are strange noises, this is an indication that the brake pads are wearing down. This doesn’t necessarily mean that you shouldn’t buy the car because you can just look for local brake repair shops and get it fixed. However, you should consider whether the deal that you get on the car is good enough to justify spending money on new brakes. In some cases, you might be able to haggle them down and get them to knock off the price of a new set of brake pads. 

Try All Of The Gears 

Clunky gear changes can indicate issues with the clutch or the gearbox, so make sure that you try all of the gears to ensure they are smooth. In an automatic, take note of the gear changes and listen for any noises (ideally, they should be smooth and silent). Pay attention to where the biting point is as well because if it is near the top, that’s a sign that the clutch needs replacing soon. 

Check The Steering 

Make sure you can find a long stretch of straight road during your test drive so you can check the steering. If the car naturally pulls to one side when driving on a straight road for a long period, that’s a bad sign. There shouldn’t be too much noise when steering either, and the action should be smooth. A quiet whining sound is normal in cars with power steering but anything else is a cause for concern. 

These are the main things that you need to check when test driving a used car, but you should also be on the lookout for anything else that feels strange. Looking at the pedals to see how worn down they are is a good way to get a sense of how old the car is, which is important because some people may lie about this. When you are buying a used car, always trust your guy and if something doesn’t feel right, don’t ignore it. Instead, look for other options and hold off until you find something that you feel confident about. 

A New You in 2021 with these 3 Life Hacks

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Well after 2020, we are all looking forward to a better year. Along with a better year, many of us hope for better versions of ourselves in 2021. Having spent the majority of 2020 inside of our homes with cancelled travel plans and celebrations, it is time to make the most of 2021. With these three life hacks, you can ring in the New Year with a plan for a new you in 2021.

Make Health a Priority

If 2020 taught the world anything, it is that our health is paramount. And, that means, that not only is your health important, but the health of your community, society, and the world. We are in this together. So, step out in 2021 with plans to get moving, exercise more, stretch more, and make the right food and drink choices. There is no healthy routine that will work for everyone. However, the best way to make something work is to make it fun. Choose a partner to exercise with or a friend to shop with, even if you do this virtually. Another trick that works wonders is keeping a healthy journal of eating habits, exercise times, and perhaps goals attained.

Start a New Hobby

Starting a new hobby is fun. It takes your mind off other things and/or people that might be adding stress to your life. Although exercise is one hobby, perhaps you want something that adds an element of calm and tranquility to your life and home. Many people choose to add a pet to their life for emotional support as well as tranquility. If you have a shelter close to your home, you may opt for adopting or even taking a pet for a day. If this isn’t an option because your flat or home doesn’t allow pets, perhaps you can add a small fish tank. A very entertaining fish to start with is the congo fish. It gets along well with otocinclus catfish as well as amano shrimp. If fish aren’t your thing, perhaps a little do-it-yourself decor and/or repair in your home is just what you need. There is something about putting together an IKEA piece of furniture or painting a room that makes all the other stuff fade away.

Nail Your Next Interview

Having a purpose along with a paycheck is great for your self-esteem. When you want to feel your best, make sure to put on your best first impression. It is imperative that you wear an outfit that is age-appropriate and fits the job. Additionally, make sure that you have a neat and tidy look from your hair, smile, and even nails. 

Let’s say hasta la vista baby to 2020 by entering 2021 with plans for a new you. Whether you are looking for love, success, a refreshed look on your world, or a bit of it all, take these three life hacks and run with them. Start a new hobby, get moving, make good food choices, and step out looking your best. Here’s to an incredible 2021! Cheers!

5 Tips To Improve Your Financial Planning

 

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To improve your financial health you’ve first got to improve your financial planning. You might find organizing your finances a bit of a headache, but it doesn’t have to be that way. There are plenty of simple ways you can get your finances in order, including these five simple tips.

1 . Determine your financial goals

To improve your financial planning, the first step is to determine your financial goals and objectives. Your goals might relate to improving your earnings potential; reducing your debts; boosting your savings; or securing your financial future. It can be helpful to follow the SMART framework to ensure that your goals are specific, measurable, achievable, relevant and time bound. With the right goals in place it’s easier to work towards financial stability.

2. Collect the right info

Before you create a solid plan first you need to gather all of your financial information together. You’ll need to collect information from all your accounts, plus information about any loans, debts and investments. It’s important to capture all relevant info that relates to your finances. You’ll need data on your expenditure and income, and your liabilities and assets. Only with a clear picture of your finances can you create a financial plan that works for you.

3. Make an analysis

Using the information you’ve collected, you can now make an analysis that will help you work towards your goals. Identify which areas you need to focus on to achieve your aims; determine where your financial weaknesses are; and decide how you can improve them. If you work with a financial advisor during this stage, they can help you to create and analyze your balance sheet, figure out your consolidated tax calculations, and create an annual cash flow report.

4. Use financial tools

To improve your financial planning processes there are plenty of tools which can help you. For a few starting options, you may want to consider the following:

Clarity Money: If you’re looking to improve your budget and reach your financial goals, Clarity Money is a great tool. With this application, tracking and managing your money becomes simple. You can access AI powered budgeting suggestions and even get your credit score.

Spending Tracker: With this personal finance application it’s simple to design a budget that works for you. Here you can log income, export transactions, monitor spending history, and so much more. Spending Tracker provides reports and interactive charts, so you can gain a clear picture of your spending habits. Other budgeting app options include Wally, Mint or YNAB.

5. Consider the future 

When you are planning your finances it’s important to consider your future stability. There are several areas that you may wish to focus on including life insurance, retirement options, an emergency fund, and debt reduction. Before you speak to a life insurance provider ensure that you prepare yourself. You can do this by reading about the questions life insurance companies ask, and then gathering the appropriate information.

Saying Goodbye To Debt for Good

Debt is one of those lingering problems in life that will always find a way to sneak up to us. Even if you only have a bit of debt now, there’s a good chance that you might end up growing that debt to ludicrous amounts in the future due to interest rates or bad spending habits. While it can seem innocent at first and easy to deal with, it’s something that can spiral out of control if you’re not careful.

You also need to be concerned about the effects of debt. The emotional effects of debt can be debilitating and times and it could ruin your relationships or harm your mood and motivation. These are difficult problems to cope with, so it’s important that you seek out ways to say goodbye to debt forever.

In this post, we’re going to cover some of the most important tips that will help you ensure that you never have to experience those worrying feelings again.

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What causes debt in the first place?

In order to beat debt, you need to understand it. A lot of people don’t realize why they get into debt in the first place, so let’s take a look at some of the most common reasons why debt occurs.

Relationship problems after being reliant or partially reliant on someone else

Did you know that relationship problems can cause debt? If you’re somewhat reliant on another person financially, there’s a good chance that you might find yourself facing a lot of debt if you end up splitting up due to your financial situation.

Poor money management due to overspending or failing to save

Overspending is one of the most common reasons for people falling into debt. Buying expensive items on a regular basis and taking out loans for the purpose of leisure can be extremely detrimental to your financial security. Make sure you cut down on overspending and try to avoid the feeling of missing out if you don’t have the same things as your friends and family members.

Low income or being unemployed for a long period of time

Little to no income means you’re going to be in a bad financial situation. If you already had debts that you were paying off, then they’re going to get a lot worse if you remain unemployed for a long period of time. If you’re currently a low-income individual or family, try and save as much as possible and only spend money on necessities for some time.

High costs of living in an area that you can’t afford.

If you’re living beyond your means then you’re going to find yourself in a difficult financial situation before you know it. Make sure you stop overspending and focus on the important things when using your money.

A failed business idea or project that you got no return on

It’s not uncommon for people to invest a lot of their own money into a project or business that ultimately fails. If you get little to no return from it, then it might plunge you into debt.

Lots of surprise expenses that you weren’t prepared for

Surprise expenses are troublesome to deal with since they’re almost impossible to plan ahead for. Even if you have a large pool of savings, there’s no guarantee that it’s going to keep you afloat if you experience large back-to-back expenses.

Losing your job due to uncontrollable circumstances

We discussed above that being unemployed can drag you into debt, but suddenly losing your job is perhaps the quickest way to find yourself in debt, especially if you lived life going from one paycheck to another.

Loans from the past such as student debt

The quickest way to find yourself in debt is to take a large loan for something such as a house, a car or even for education. However, these are often necessary to advance your life and career, so it’s one of the few acceptable forms of debt.

Can you avoid debt completely?

There are many little tricks and helps to help you avoid debt, but ultimately boils down to managing your money properly and avoiding any unnecessary expenses that you could live without. However, you might find yourself in debt due to circumstances that were completely out of your control. For example, some people might find themselves in debt because they’ve lost their job suddenly and without warning. Without any time to prepare, you might find yourself thrust into debt due to a decision that you had no control over.

So while it’s certainly possible to plan ahead for debt, there are times where you won’t be able to control your fate. You’ll end up falling into debt regardless due to circumstances outside of your control, so it’s a good idea to find ways to climb back up.

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Acknowledging that you have a money problem

First, make sure you acknowledge that you have a money problem. This will help you get your finances under control so that you can start taking your financial situation more seriously. To start, let’s take a look at some fundamental ways to help you navigate around your debt.

Finding ways to help you get around your debt

• Start budgeting for your debt repayments. The most important tip we can offer is to start budgeting for your debt repayments. Add them to your regular expenses and make sure you’re looking ahead a few weeks at a time to ensure you always have money for paying off your debts while also living a comfortable and frugal lifestyle.

• Pay on time every month. If you miss payments, you’re going to be subject to more interest. Missed payments can also accumulate interest, ultimately forcing you to pay more money. As long as your payments are on time, you have nothing to worry about in regards to interest.

• Pay more than the minimum whenever possible. While it sounds obvious that paying more each month will ultimately clear your debt faster, it’s a good idea to remember just how effective it can be. By simply paying a little more off your debt each month, you’ll speed up the process which results in less interest.

• Try and decide what debts to pay off first. It’s a good idea to look at what debts you should pay off first in order to maximize the value of your repayments. If you have multiple debts, look for the ones with the biggest interest rates first. Pay these off first so you lose less money each money due to those interest payments.

• Dig into your emergency fund if necessary. Lastly, remember there’s no shame in using an emergency fund to pay off your debts. Debt can be considered an emergency, especially if you’re looking to prevent your interest from mounting up which ultimately costs you more money.

What if there’s no way for you to slowly overcome your debts?

In some situations, you might find that there’s no way for you to overcome your debts slowly and steadily. You might be having your wages garnished soon, you might not be making much money to pay off your debts in the first place, or you might be having a stressful time that is negatively affecting your health. In cases like these, you may want to look for a faster way to overcome your debts.

• Consider filing for bankruptcy. Bankruptcy is the go-to option for people that want to completely remove their debts. However, you might want to consider the aftermath of a claim. For instance, questions like "how long does bankruptcy stay on your credit report?” are fairly common. This is because there are different kinds of bankruptcy claims and some of them will leave a longer mark on your credit report.

• Speak to your bank or a lender about debt consolidation. Debt consolidation essentially means putting together all of your debts and squeezing them down into a single repayment plan. This helps you remove all of the interest rates and will make it easy for you to climb out of debt.

• Speak to the lender about debt settlement. You may also want to speak top your lender about debt settlement. This will help you remove a large portion of your debt outright.

As you can see, there are a number of different ways to overcome debt both slowly and with help from external services and lawyers. The ideal option for you will depend on your circumstances, but it’s a good idea to look out for different options.

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What comes next?

So what’s next after clearing your debts? We’d suggest that you adopt frugal living tips to help you save more money and avoid getting into debt in the first place. This can take a little practice and it might take some time to drag you out of your old habits. However, it’s good practice to ensure that you can live a stable and comfortable life with financial freedom in the future.

Quit Being Bored! 5 Fun Things To Do Right Now

Life is not supposed to be boring, but right now we are living through a pandemic and that can make finding fun a little difficult! A pandemic has a huge impact on mental health, and it’s not easy to find life fun when you are stuck in quarantine or under lockdown rules. You need to know that it is okay to feel restless - it’s a restless waste of a year - we are all finding life a little harder to manage right now. 

The good news is that you can quit being bored right now. You can stop sitting on the couch and binge watching whatever is on Netflix, and you can start looking at how to make the best of a rubbish situation. So, we’ve put together five things that you can do right now to stop being so bored. Let’s dive in!

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1. Workout. Yes, I know, you don't feel like it because the pandemic has made you sad. We get it. But the thing is, you are going to fester just sitting on your butt and you cannot get those endorphins pumping if you are going to allow yourself to sit and be sad. So, get up, get online and find a good workout to get moving to. You won’t want to do it to start, but once you get going, I promise it’ll be worth it. 

2. Shop. Ah, I hear you cry out that the shops are shut and you cannot go anywhere because lockdown says no. Psst - the internet is RIGHT THERE! Get online with curvesncombatboots.com and snoop around at the best workout gear you could hope for to help you with point 1! Online shopping can get you into home renovations, hobby crafting and working out all in one - plus it feels nice to know that deliveries are on the way!

3. Learn A Skill. The online world is a huge place nowadays and you can learn anything from upholstery to baking. Get online and find a tutorial for something that you are interested in. by the time the world goes back to some kind of normal, you could be an authority in a whole new hobby you didn't think about before!

4. Dance. Put the music on loud and get your dance on. You have no way of going out and hitting the town with the girls right now, but you can grab everyone on FaceTime or Zoom and just dance! You can still do this together if you want to, though it looks a little funny to the outside world. The good news is that you’re in the comfort of your own home - so no one is watching outside anyway!

5. Get Outside. You are allowed exercise every day and if you have a garden, get outside and spend time in it. Use lockdown to build that veggie garden you’ve daydreamed about and don’t be afraid to get a little creative with seeds that you buy online. Just make sure that you plant for the right season.

Dealing With Family Loss: How To Make Coping More Doable

The concept of losing a loved one isn’t something that any of us can comprehend until it happens to us. There’s is nothing worse than losing someone that you love, and coping with that loss can be extremely stressful and upsetting. This is especially true if you have been put in charge of dealing with the arrangements following their death and you have your own young family to look after. 

Knowing where to start after losing a loved one can be extremely difficult. There’s a lot that you need to think about and consider when it comes to coping with the loss of a loved one - it’s not an easy task, knowing what steps to take in the wake of someone you care about passing away. However, just because it’s not easy, that doesn’t mean that you cannot make coping a little easier. 

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Here’s how to make coping when dealing with a family loss a little simpler to manage - read on for everything that you should know. 

Don’t put pressure on yourself 

It’s easy to put a lot of pressure on yourself when it comes to coping with family loss, as there’s probably a lot that needs to be done. However, try not to put too much pressure on yourself. Realize that it’s okay to move slowly to organize things and that there are no time constraints on how long you have to get organized. Coping with a family loss is hard and it’s important to realize that it’s okay to not be okay and to need time. 

Find a funeral home 

An important step to take when it comes to coping with the loss of a loved one is to find a funeral home to work with on the end of life celebrations. You want to find a funeral home like George Boom Funeral Home that is able to offer you plenty of help and support with every aspect of your loved one’s funeral arrangements. Finding the right funeral home will help to make the process that little bit easier, so it’s worth taking the time to find the right one. 

Spread the load 

Don’t try and deal with everything yourself, you’re grieving too. Spread the load and speak to other family members and friends and see if they can help you to organize everything in the wake of your loved one’s passing. Don’t be afraid to ask for help, after all, you need time to grieve too. Whether you need help organizing the service or you need help organizing the memorial, don’t be afraid to ask for help. 

Coping with the loss of a loved one is never easy; it can be extremely upsetting and even traumatic. Dealing with that loss and putting the arrangements in place to say goodbye isn’t easy either, and it can often end up feeling like a little too much pressure. Hopefully, however, the advice above will help to make dealing with your loss that little bit easier to cope with. 

Future Planning: Tips On Giving Your Children A Brighter Future

As a parent, you’ll know only too well how much you worry about the future of your children. You find yourself constantly asking questions like “am I doing enough for their education?” and “are they getting enough nutrients in their diet?” and that’s completely normal! The truth is, the only time you should be worrying is when you’re not asking these types of questions. As a parent you also have to think of the future, both their future and your own, and you may be wondering if there’s anything you can do now to make sure their future is as bright as it can be. Luckily, there are a few things you can put in place, so check out these tips on setting your children up for life.

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Help them learn money management

Knowing how to handle your money is one of the most important skills you can have, and teaching your children this from an early age will help them understand that money doesn’t grow on trees. You can do this through allowing them to earn pocket money to spend as they please, but teaching them that once it’s gone, they will have to earn money if they want something else. For older children, encouraging them to put their allowance into a savings account will teach them the importance of saving money.

Plan for the worst

It’s a horrible thought, but one day you won’t be here for your children and they will be left with overwhelming decisions that are hard to make when you’re grieving. Thinking about this now and taking action will prevent them from any unnecessary stress and upset. Head to websites like Miller Funeral Home to get an idea on the types of things you could arrange.

You should also think about writing out your last will and testament in case the worst happens unexpectedly. That way, everything you’ve worked hard for will go to the people you love the most and most importantly, not end up in the wrong hands and cause any upset.

Set up savings

While you may be teaching your children the importance of being sensible with money, you can also set up a savings account in their name. Depositing funds as and when you’re available to will help build up some savings for the time they’re ready to leave the nest. Whether it’ll help with further education or a deposit on their own home, they’ll truly appreciate it for the rest of their lives, and you can rest easy knowing you’ve helped them build their dreams.

Teach them valuable life lessons

Finally, school is wonderful, but doesn’t always teach children skills that will help them in the real world. Skills such as cooking a nutritious meal, washing their clothes, and even learning how to do taxes (and the importance of them) are valuable skills you should begin teaching your children from an early age.

Being a parent is scary at times, but with these tips and your eternal love, your children are going to thrive!

3 Things To Look For In A Funeral Home

 

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Arranging a funeral is a very tough experience for most people. Not only can the logistics of a funeral be very stressful, particularly in the era of COVID-19 and funeral restrictions, but funerals are also highly emotional and grief can get in the way. If you are having to arrange a funeral, you might feel very overwhelmed by the options available to you, and struggle to cope with the pressure of sorting everything out. That is where a funeral home comes in. The role of the funeral home has many aspects; they can contact chapels or other religious establishments for funeral booking; they can help store and dress the body of the deceased; and they can provide assistance with other organizational aspects such as the wake, catering and other things too.

In this blog you will find three key things to look for in a funeral home. Let’s get started. 

Sensitivity

Although providing funerals is their job description, this doesn’t mean that funeral homes and their staff should be insensitive to the emotional side of their career. While they might be used to dealing with death and all that it entails, a good funeral home director will display sensitivity and emotional intelligence throughout your negotiations. Just like doctors, funeral home staff should be trained to deal with emotionally distressed clients and be able to respond with patience and kindness in any situation. The staff at reputable institutions such as Kirk Funeral Home should be highly experienced and well trained in this area. 

Transparency

When arranging a funeral, there are so many different factors which can incur costs left, right and center. For this reason, it is essential for any funeral home to be fully transparent about costs. When arranging a funeral through a specific company, you should be presented with a full breakdown of all the costs incurred, with finance options and payment plans too. If this is not provided, this might speak to the legitimacy or integrity of the funeral home you have chosen. This will ensure that you are not blindsided by unexpected bills after the fat, and solidifies the funeral home’s integrity in treating their clients with respect and transparency. 

Flexibility

If there’s one crucial thing about funerals it is that they are not just events, they are emotional goodbyes. For this reason, it has never been more essential for any company to be flexible and understanding if last-minute changes are made. When you are in grief, you may be more forgetful and distracted than your usual practical self. Funeral homes should not be intransigent or difficult about changes or alterations to your funeral arrangements, within reason. Funeral homes are businesses, but there is no room for ruthless or cold-hearted treatment in this industry. 

In conclusion, arranging a funeral should be made simpler and easier, not stressful and difficult, by the funeral home you work with. You should not feel pressured or blindsided by the actions of your chosen funeral home, but rather feel calmed and taken care of by the staff and services they provide. 

Four Mistakes To Avoid When Buying A Property

Buying a property is something that many of us will do in our lifetime, and it can be an exciting time for anyone who is doing it for the first time. However, regardless of whether this is your first or potentially last home, there are some things worth avoiding. Here are four mistakes to avoid when buying a property.

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Have Money Available For The Process

Firstly, it’s important to understand that buying a property and moving can cost you money. It’s crucial to work out whether that’s something you can do right now or whether you might have to hold off until you’ve saved up enough money. If you’ve already bought a property, you should know what typical costs are expected in addition to the sale of the property. You have legal fees to factor in as well as the moving process itself and that cost of moving furniture from A to B. It can start to really add up, and so you want to make sure you have the money available to cover this so that you’re not just putting it on the credit card and starting off your new home with a mountain of debt. Try to have this available and ready for use ahead of time. This requires planning and perhaps a budget that will help you save your money.

Don’t Shop For Mortgages Alone

Your mortgage deal needs to be one that’s great for you, and that suits your financial needs. You need to be able to commit to this mortgage, regardless of what initial term you go for. Don’t just shop alone for mortgages because you’re only ever going to get a handful of options before you get bored of applying. Instead, get a mortgage broker and make use of online resources like MortgageCalculator.Org. This can help provide you with everything you need in order to get the right mortgage option for you.

Know What You Want

It’s important to know exactly what you want when buying a home because it can be a serious decision that you need to make. It’s especially important if this is your first home, and therefore, a big move for you alone or with a partner. Have a checklist of things that need to be crossed off in order for you to consider the property. If they’re checked off, consider this to be a favorite but if not, then carry on searching.

Try Not To Rush Ahead

Rushing ahead when it comes to buying a home is not going to help you. It’s important that you’re not trying to get to the finish line by cutting corners or perhaps comprising because you want to get a house. Try to take your time when shopping for your home and for all the other processes needed in order to find your home and to pick the right option for you.

These are some easy mistakes to make, but if you make them, then you could be missing out on a better deal.