Finance Planning: Introduction to Financial Management.
In this Lecture, you will be able to, Explain the importance of financial management, Describe the inter-relation among financial decisions, Explain the functional areas of modern financial management, Discuss the organization of the finance functions, Describe the objectives of financial management.

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Meaning of Business Finance - business activity which is concerned with the acquisition and conservation of capital funds in meeting financial needs and overall objectives of business enterprises...

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Business Finance- An Overview

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Investing In The Financial Market – Online Trading

Online trading is a practice that, in recent times, has captured the attention of an increasing number of people globally.

There is talk of a financial area that is potentially accessible to everyone, as to invest in the online stock market you need a few, fundamental resources. However, an aspect that should not be underestimated is the in-depth knowledge of the markets and platforms that allow access to investments: only in this way, in fact, will you be able to identify the potentially most interesting opportunities on which to focus your attention.

Online trading: the importance of training

Online trading is a type of investment that can be made from home using only a PC and an internet connection. Anyone who wants to get involved can dedicate themselves to this activity, both as a parallel occupation to the professional one and as a real job.

Like all areas, even in this, it is advisable to get informed and above all to train, learning the basics of stock trading, and always staying up to date on the news that there is every day. Consulting specialized sites, such as allows you to get useful insights to explore or tips to choose the right markets or the most reliable brokers.

In fact, initially, you will feel a bit displaced by new names and concepts, but specific, clear, and complete articles help, in a short time, to make targeted investments. Dedicating yourself, day after day, to the study of these topics will allow you to always have a high awareness and select how much and where to invest.

The user cannot directly access the negotiations but must rely on a broker: a financial company or a bank that acts as an intermediary. These are platforms on which to register and open your account, with this money, then, you can decide independently which investments to make.

Online trading: from the choice of the broker to the study of the markets

There are many brokers, it is advisable to read up thoroughly on which one is best to choose according to your needs, evaluating the services it offers.

Specifically, it is essential that the site is easy to read and all the sections can be accessed in an elementary way, this allows the investor to have the choice of the market or product as the only thought and not the development of advanced computer skills.

Another aspect to consider is that the broker you select must be authorized by the state from which you operate. Specifically, this documentation is provided by a regulatory body recognized at the European level, if you are in Italy you are talking about Consob and it is strongly recommended to be wary of all those who do not have this certification.

Some brokers also offer among their services the possibility of being able to practice understanding the dynamics behind online trading without, initially, making investments. It is a question of opening a demo account that works very similar to a real one, from which you can learn very useful information without suffering losses.

Once you have acquired the knowledge necessary to orient yourself with full awareness of the markets, it will be possible to start making real investments. Online trading allows you to buy numerous assets, ranging from commodities to cryptocurrencies. You can move capital and invest by looking at the performance of the most important stock exchanges as well as decide to focus attention on the possibilities offered by emerging countries. From this point of view, it is advisable to select a market that you know well so that it will be easier to make forecasts and profitably direct your investments.

Financing vs Cash: Which One Is Better?



If you are in the enviable situation of getting money on hand to buy something as pricey as a car, a ship, or just a home, why would you borrow money rather than purchasing the asset?

It could come as a surprise, however, rich individuals do it all of the time, particularly when interest rates are more positive.

The logic is straightforward: When you’re able to borrow money at a lower rate of interest than you can make on the cash you spend, it is more economical to choose a loan compared to pay money like when buying electronic gadgets with Electro Finance.

However, countless subscribers discuss the easy certainty that debt will be averted in any way costs. If you are among these, it might be because you’ve experienced being within the head in debt such as I have. Otherwise, you may have seen that happen to a person near you, and you also understand the cost an excessive amount of debt may take.

For the list, I largely agree. Now that I am capable, I really don’t have some debt. I bought my cars together with money and paid off my mortgage. I, however, can stop short of saying I will never borrow money. It will be dependent on my situation — and also the interest levels — at the moment.

The opportunity cost of earning money

Whether you pay money for a big purchase or fund it, then there are costs as well as the cost of this asset. When you fund, the price tag is clear: it is the interest you will pay on your loan.

If you pay money, nevertheless, there’s an opportunity cost from the upcoming interest or investment yields you can earn from maintaining that money.

As an easy illustration, let us say:

You’ve got $10,000 in a savings account earning 2 percent APY annually which chemicals monthly. In 1 year, you are going to get $202. in interest. In a decade, you are going to get $2,212. Within 30 decades, you are going to get $8,212 in attention rates.

Should you invest that $10,000, you subtract those earnings. Incidentally, with interest prices on the upswing, you can find a much greater return on your savings accounts. CIT Bank, as an instance, is now offering a 0.40percent APY at this time in their Savings Builder Account.

Things get interesting, but if you think about that you need to expect to make a long-term average of six to 7 percent on cash invested in a balanced portfolio of both bonds and stocks. Though actual yields are tough to predict and depend on myriad aspects, six to 7 percent is a great guideline.

At these yields, the opportunity cost for paying $10,000 goes upward, and it moves up considerably once you think about the energy compounding will have more than time. Only at 7 percent, your first $10,000 will double in ten decades and get over $71,000 more than 30 decades.

Instance: Financing an automobile at two%

A number of the cheapest consumer interest levels are located on new automobile loans. On occasion, the rates of interest are subsidized by automobile producers to help sell automobiles.

Without subsidies, new automobile loans are normally low since most creditworthy borrowers refund them, in case of default, it is rather simple for banks to repossess your vehicle.

In 1.99 percent or not, it is worth funding

If I were buying a new automobile now and also had the choice to pay cash or finance your vehicle at 1.99percent or not, I’d seriously look at funding it. For the list, I doubt that you will discover lots of 1.99% auto loans at the time of publication. Based on Bankrate, the typical 48-month brand new auto loan APR has been 4.80percent on October 17, 2018.

Should you locate and qualify for 2% APR to a new car now, you may think about financing. If you are a stock dealer, then you need to expect to make long-term yields equal to some six to 7 percent annual yield. Consequently, if you are earning 7 percent and paying 2 percent, then you are netting 5 percent on your cash, prior to inflation. In a $30,000 automobile loan within five decades, you might be much better off by almost $11,000.

Where to fund an automobile

First things first, you shouldn’t ever secure financing from the dealership arguing with the salesperson on your rate of interest will only give you a hassle.

Rather, consider searching for the top rates with advanced aggregators such as Fiona. Fiona can locate one of the loans that best suit your requirements.


ALSO READ: The Way To Invest In Gold While In Canada


Instance: The sub-5% mortgage

The bets can become much higher when you begin considering paying a mortgage or when you are in a position to pay money for a house.

Mortgage rates are moving up, together with the typical 30-year fixed-rate mortgage in at 4.86percent on October 25, 2018. Should they move much greater, this mathematics begins to break. However, it works, for today.

At 5 percent or not, take a mortgage out

At 5 percent or not, carrying out a loan makes sense, in my own estimation, for precisely exactly the exact identical reason it is logical to fund a vehicle at 2 percent.

Though you’ll cover a substantial quantity of attention on a 5 percent mortgage, then you might conquer that speed by 2% along on your investments. And, since you hold a loan for more, the compounding impact is important.

You will spend $380,375 in interest over 30 years to get a $200,000 mortgage at 4.86 percent. Wow, that is a great deal. On the flip side, you can spend your $200,000 via M1 Finance a hybrid Robo adviser. If you make an average 7 percent annual return, that is achievable, you might wind up with approximately $1.6 million. To put it differently, you might wind up with almost $1 million over if you paid money for the house.

Where to Locate a mortgage

You’re able to go via a credit union or even the regional lender, or, exactly like with auto loans, you may try to find the ideal mortgage rates via aggregators.

However, what about danger?

When you examine the $200,000 mortgage case as well as the capability to come out beforehand by near $1,000,000, then it’s easy to overlook the advantages of paying money. If you take a loan out rather than paying money, you will find two important dangers.

You can default to the loan

We are all aware that if you fund something, make it a car or a house, you do not really have it before the final payment is made. In case you stop making payments, then the lender can choose the advantage back.

Even though the danger of default is lower in case you’ve got the money available to pay back the loan at any moment, things may happen. You might, as an instance, become incapacitated and quit making payments.

Your investments will not always work well

Historically, the stock exchange has become the very ideal location to cultivate cash within the long term. But there is no guarantee that will last to be authentic or future average yearly yields will not fall. I am betting my financial future to get a stock exchange that may return at 6% over 30 or even 40 decades, so I will be of profoundly disappointed if that is not the situation. Nonetheless, you can’t know.

Ascertain the danger you can manage

If you repay a 4 percent loan, or 2 percent auto loan, you are obtaining a guaranteed interest rate. You will not be paying that two or four% interest.

Because of this, like all investment choices, it comes down to risk tolerance. Taking on more danger has the capability to create more benefit.

Only you are able to assess your situation and understand what level of risk would be acceptable.


Do not presume that paying money for a big purchase such as a car or house is mechanically the ideal thing to do. If you are investing sensibly and have excellent credit, you could have the ability to come out ahead by thousands of dollars by borrowing cash at a very low rate of interest and investing the money rather than

There is no definite principle about just how poor an interest rate has to be comparative to an expected average yearly yield, but I feel that a 2% rate starts to turn into appealing, and also a 3% payable or longer earns borrowing incredibly appealing.


Warren Buffet’s Advice Amidst Fears of Adverse Effects of Unceasing Inflation

As consumer prices continue to rise, the “Oracle of Omaha,” billionaire business tycoon Warren Buffet gives advice on how not to fear the effects of inflation. The Berkshire Hathaway CEO who has been consistently at the top of the list of the world’s richest persons, says there are two Important things to do: one is to be great at what you do, and the other is to build your retirement savings by investing in low-cost stocks.

Prices are said to be at the highest inflation rates today, compared to the inflation rates of the past decade. Some economists fear that the continuing rise could wreak havoc on an economy that is still trying to recover from the devastating effects of the worst pandemic ever. Yet other economists and financial experts like Warren Buffet say it’s nothing to lose sleep over.

The 78-year old billionaire who is also a legendary stock market investor says inflation cannot be avoided; but if you’re great at what you do, you will always have a share of your country’s economic wealth. Mr. Buffet said that regardless of the current value of the currency, you will always earn your fair share of revenues if you’re the best in your profession whether as teacher, surgeon, lawyer or whatever occupation you’re engaged in.

Secondly, the next best thing to do to protect yourself against inflation is to invest in yourself by owning a part of a wonderful business, one whose product will still be in demand regardless of what happens to the value of the dollar; or of the currency that revolves in your economy.

Buffet’s Epic Advice When Investing in the Equity Markets

Mr. Buffet has long been recommending that when investing in shares of stocks, it’s always best to consider the low-cost index funds instead of choosing a single company as investment vehicle.

He explained that aside from being less risky, the low-cost stocks of companies whose products are forever in demand are held in every low-cost index, which automatically makes them diversified in nature. As examples, he cited major companies like Coca Cola, Google and Apple as also being included in the Standard & Poor (S&P) 500 List.

Diversified index funds have always been Mr. Buffett’s recommendations to people who are looking to grow their retirement savings. Mainly because they are the most practical investments in all times.

In a 2017 interview by CNBC, the billionaire philanthropist said

”Through thick and thin, consistently put your money in an S&P 500 low-cost index fund, especially in times of thin.”

Basic Definition of Wealth Management for Businesses

Wealth Management


I recently got into a dialogue with a person who stated that it seems that what I predict in wealth direction is anything that a company proprietor could encounter. I really don’t believe this is totally accurate, however, I could see how they’d think that.

In my opinion prosperity management to private company owners is broken up into two components:

The monetary portion: in which we are addressing the substance riches and cash flow of the company proprietor. The non-financial part: that copes with what is significant as well to getting financially independent and fiscally secure.

I have discovered that for the most part, company owners are thinking about different things besides earning as much cash as they can. There’s an exception for this and that is as soon as the company owner isn’t making money in any way. I find that after they earn enough money then cash goes far down the list of major facts to take into account.

A wealth supervisor that does not handle a company proprietor has a significant job. It may be heritage, it may be retirement preparation, also it may be real estate planning. A personal small business wealth supervisor not only has to take care of the problems of a non-business proprietor wealth supervisor, but in addition, they have the duty to assist the company owner handle their biggest asset; their small enterprise.

It is around handling the company advantage that lots of wealth managers have difficulty. For the large part riches managers aren’t trained to consider value creation activities a company operator may want to confront.


ALSO READ: California, Poised to Resume Economic Activities on June 15 If Infection Rates Remain Low


We have found that lots of small business owners we utilize are not certain how to convert their small organization advantage to cash flow once they retire. In addition, they are not certain whether that company asset will be big enough to let them retire (for the large part it is not).

This usually means a company owner wealth supervisor should assist the company owner know what their choices are. After the choices have been laid out afterward the riches supervisor should assist the owner make company decisions regarding fantastic management for the proprietor to choose.

The wealth supervisor does not need to become a specialist in all of the choices but it’s helpful for the prosperity supervisor to take a while to understand what the choices are.

I have been on a crash course to learn about lean production. I am doing so since it’s a superb alternative for all my customers to radically boost the money flow and value of their organization’s enterprise. I really don’t wish to become a lean pro but I really do need to understand why a company owner may want to put in a slender system and what measures are best practices.

From the private industry world supporting business owners generate value in their enterprise and their own lifestyle is exactly what wealth management is all about. What are the ideas on this? Do you believe a company wealth manager such as Netwealth ( for more about them) should understand business plans that may add value to the company and its owners?


Best Financing Tips

The better prepared your funding application is, the greater the chance of success. With the tips below you will come across as convincing and you have the best chance of success.

Present your company
Make sure the financier such as ‘Robert Lewandowski’ knows to whom he is providing the money. Provide a clear description of your company. How is your company structured in organizational and commercial terms, what is your market area, what plans do you have and what is the financial situation like? Provide correct and factual information, so that the lender can properly assess your company. Remember: You only get one chance for a first impression.

Make an inventory of the risks
As an entrepreneur you see opportunities. The lender also looks at the risks. Also state the relevant risks and how you can minimize the consequences of the risks.

Make the need for investment clear
Support your budget as much as possible with amounts based on quotations or quotations. In addition, make sure that you do not ask for more credit than is really necessary.

Provide a forecast
As an entrepreneur, do you have a realistic picture of the developments of your company in terms of profitability and cash flows? The opportunities and the risks? And what do you do if the turnover is much lower than expected? Do you still have financial scope for business (and private if necessary)?

Provide sufficient security
Security is collateral in the form of money, goods, or rights. Consider in advance what securities you can provide. Also, consider where financing could possibly be rejected. It is more difficult for companies with a shortage of collateral to obtain credit from banks.

Formulate exactly what you want
What amount do you want to finance, what terms, what securities and conditions are acceptable to you?

Take advantage of government schemes
It is much easier for a financier to promise to finance when the government guarantees part of the loan or when you can make use of subsidy options.

Short online check in advance
Are your plans realistic? Are you eligible for financing? With the short online financing check, you know whether your plans are realistic.

Arrange yourself or engage an advisor?
Lenders look at many different aspects when assessing a funding application. With the above tips, you can more easily convince the financier of your plans and ideas. You can do that yourself, but you can also make use of an advisor. Our advisors take a fresh look at your company and know what entrepreneurship entails. We know the (local) market and have access to a network of more than 40 lenders for SMEs. We know what a financier expects from you as an entrepreneur and we know the possibilities, also when it comes to government regulations. This way you quickly get clarity about your chances.

California, Poised to Resume Economic Activities on June 15 If Infection Rates Remain Low

California Gov. Gavin Newsom has announced plans to fully resume economic activities by June 15, but will still require everyone to wear protective masks. Governor Newsom said that masks are still mandated statewide and that the state will only resume business operations if the hospitalization rates stay low and stable.

Gov. Newsom believes that it is time to make quick progress as California’s infection rate is currently one of the lowest in the country. Furthermore, California’s vaccination programs have been making progress so far, since as many as 20 million Covid-19 vaccines have been administered throughout the state.

On a nationwide level, the state is on record as having the strictest pandemic restrictions, having been the first to issue a lockdown order that required people to stay at home. There is also a complex color-coded tier system that serves as a basis for determining which businesses will be allowed to reopen at a specific capacity — the coding depended on how widespread the transmission of the virus is in the areas.

Nonetheless, the color-coded tier system is slated to end in August, albeit dependent on the developments that will transpire. If all things remain positive, it could also mean that all businesses will be allowed to reopen by June 15

Governor Newsom voiced hopes that the end of the pandemic is near, making them look forward to reopening California’s economy. They are also starting to plan for what’s next during post-pandemic, including keeping up the practices, like getting vaccinated and wearing masks.

Federal Health Officials Asks Citizens to Continue with Safety Protocols

Federal health officials led by Dr. Anthony Fauci continue to raise the public’s awareness about the importance of continuing the public health measures, especially this forthcoming summer season. Dr. Fauci, gave reminders of what happened last summer, when a significant surge of infection cases occurred, contrary to what was expected.

The White House leading coronavirus expert advises people to get vaccinated, either with two doses of Pfizer or with Moderna.

A Brief Discussion on the Advantages of Buying a Vehicle Over Leasing

In Australia, leasing a vehicle is an option available to small and medium enterprises (SMEs) that still don’t have credit track records or a collateral to offer.

Yet in the long haul of doing business, many Australian SMEs still prefer owning their vehicles since the benefits of ownership outweigh the benefits of leasing. In many cases, SMEs eventually shop around for the best financing options available to them by way of Australian vehicle loans.

Why Vehicle Ownership is More Advantageous Over a Vehicle Lease

While the main advantage of using a leased vehicle is the absence of insurance, repairs and maintenance costs, this particular benefit can be affected by certain terms and conditions included in the lease contract.

Additionally, leasing also provides opportunities of getting to lease a newer model at the end of each contract. Yet leasing a newer model will result in increased sales tax and higher rate of monthly payments. In contrast, if an enterprise owns the vehicle regardless of whether purchased outright or by way of a vehicle loan, the entrepreneur has the freedom to add upgrade features or modifications to make the vehicle more responsive to the needs of the business.

Although lease payments are tax deductibles as elements of operating expenses, an enterprise can still have the same benefit when using an owned-transport equipment or vehicle; via depreciation expenses quantifying the costs of wear and tear.

Monthly lease payments are usually lower near the end of a contract, but here’s the thing, after making monthly payments during the contract term, ownership of the vehicle reverts to the lessor. Even if an enterprise purchases a vehicle on finance, the monthly payments work toward ownership of a business asset.

Besides, a vehicle loan does not require payment of hefty upfront fees, as opposed to leasing where payment of a deposit and advance lease payments form part of a lease agreement.

While there may be other reasons why the benefits of buying a vehicle outweigh the advantages of leasing, an enterprise owner must make it a point to choose wisely when entering into a vehicle financing deal. The best way to go about this is to engage the services of a licensed finance broker, whose expertise and commitment as a loans adviser is not compromised by conflicts of interests.

What to Look for When Choosing a Finance Broker

After reading the reviews coming from a long list of satisfied customers who engaged the services of National Loans Australia, we can cite certain qualities possessed by reputable finance brokers.

In addition to being holders of bonafide Australian Credit Licenses, their experience in the field of providing financial brokerage services has spanned more than 24 years. That being the case, NLA continues to maintain well-founded relationships with more than 30 traditional and new banks and financing institutions.

Moreover, National Loans Australia has the ability to broker a broad range of financing deals for various vehicles, be it for a new or used car, motorcycle, boat, caravan or commercial vehicle; such as trucks, trailers or farm equipment. NLA can even help SMEs find the best commercial loan options to buy or lease a plant or to finance an agriculture business. NLA’s commitment to customers is to help find a beneficial financing deal by tailor fitting a loan based on how much a client can afford to pay.

The Way To Invest In Gold While In Canada

Gold Bars


Wish to spend gold in Canada? The very perfect method to put money into gold from Canada is to purchase physical gold in The Royal Canadian Mint, or even to put money into gold ETFs.

Together with the continuously increasing cost of gold, lots of Canadian investors have been taking another look at the physical merchandise. In the previous five decades alone, the purchase cost of gold has almost doubled, rewarding individuals who invisibly to this physical product.

If you are starting out as an investor, or have been you interested in the greater price of gold, then now’s the very ideal time to begin getting educated about exactly what makes gold a fantastic investment, and the way you’re able to add it to your holdings. Here is everything you want to learn about how to put money into gold in Canada.

Why Invest in Canada?

Gold is among the earliest investments ever, frequently sought out because of its rarity and malleability. Through the years, retailers would exchange gold coins involving themselves to cover services and goods. In addition, the expression”gold standard” came in the inherent worth of gold. If a thing is regarded as the very best of its course, it’s frequently compared with the worth of this pricey metal.

Nonetheless, its glow and workability aren’t the sole reasons gold retains a top price. Gold is among the most sought-after materials in the world for a lot of its attributes. Unlike other metals, the gold won’t corrode over time. And as it’s non-ferrous, it won’t rust. And since the planet’s supply stays now, there is enough gold to make coins and bars, but not too much it is going to wind up over-abundant and eliminate value.

Gold would be the cornerstone of these investment-grade valuable metals. Together with silver, silver, and palladium gold is usually in high demand among investors and collectors alike.

How Can I Locate Gold Investments in Canada?

Back in 2005, the Canadian government chose the movement to permit citizens to have physical gold as part of a Registered Retirement Savings Plan (RRSP). Ever since that time, investors are quick to bring concrete assets to their portfolios, even to the hopes that the cost will continue growing over time.

If you’re thinking about incorporating gold into your investment plan, there are 3 important methods to go into the gold industry.

  1. It’s possible to purchase and save gold.
  2. You’re able to put money into gold onto the Canadian stock markets.
  3. You’re able to put money into gold via an RRSP.

Each plan has its own advantages and disadvantages, and which is right for you will depend on your own objectives and general strategy.

Purchase Physical Gold Canada

The most direct approach to put money into gold would be to buy it straight. Now’s investment-grade gold comes in 2 kinds: golden bars or silver coins.

When most men and women consider gold, they frequently consider their one-kilogram trapezoid-shaped pubs sitting at a safe vault. These gold bars are all readily available to investors around the current marketplace but are extremely pricey. According to the current location costs, one-kilogram gold pubs may cost upwards of $60,000.

A cheaper alternative is one-ounce gold pubs, available in the Royal Canadian Mint along with other refiners across the globe.


ALSO READ: How To Gain Protection In Times Of Economic Crisis


In the event you do not need to put money into gold bars, it is possible to even put money into gold coins minted from the Royal Canadian Mint as well as many others around the globe. These golden coins could be redeemed as regular money, or even to commemorate people and events. Similar to gold bars, the cost can fluctuate dependent on the burden and promote cost.

The largest benefit of investing in gold is in its own kind. Unlike stocks and ETFs that could change the value by the next, real gold is a real advantage — that may be bought, bartered, or offered at prices at or above the market price. However, the downside, you’ll be liable for keeping the stone, either in your house or inside a financial institution. Whenever some gold retailers provide a storage service, firmly storing it in their own vault or in a financial institution will incur storage prices as time passes.

Invest in Gold Canadian Stock Markets

If you’d rather not maintain physical gold, then you always have the option to put money into gold-based exchange-traded funds (ETFs for short). Firms like iShares, Sprott as well as the Royal Canadian Mint provide investment vehicles that will assist you to put money into golden, without even paying the high prices per oz.

The advantage of investing in a gold ETF is the fact that it divides the danger between multiple investors, together with qualified specialists making decisions concerning the management of the finance. Additionally, you’ll not need to be concerned about keeping physical stone, because most of it is accepted by the ETF. However, the downside, these resources could be volatile, and also vary in cost based on numerous market effects.

Prior to buying any ETF, make certain to read the prospectus and be certain it’s the ideal choice for your requirements.

Invest in Gold Throughout an RRSP

At length, Canadian law lets you put money into gold via an RRSP. This investment can arrive in two kinds: ETFs along with other capital, or possessing gold.

In the event you choose to bring an ETF for your RRSP, it is as straightforward as putting an order via your broker and holding as it fulfills your requirements. However, in the event that you prefer to acheter or (literally means buy gold in French), then you’ve got two choices: either buying gold coins by the Royal Canadian Mint or even holding pubs by a refinery licensed by the London Bullion Market Association (LBMA).

There are pros and cons to both methods. Like any investment, it ought to be carefully considered prior to a buy it’s made. Should you choose to buy physical gold to get an RRSP, then it is going to have to be held with a third-party custodian, that will confirm your holdings and then document them to the Canadian Revenue Agency.

Things to Search for Before Purchasing Gold Canada

Like every investment vehicle, profits aren’t guaranteed and will eliminate value with time. More to the point, not everything is as it appears online, which means that you may be purchasing fake merchandise on the incorrect site. So how can you ensure you are buying Gold Canada?

In the event you choose to purchase physical gold, then make sure you do your homework in the business you’re purchasing from. The Better Business Bureau provides independent reviews about businesses, although the LBMA’s membership record is accessible to the general public. Make sure you read the comments and assess memberships of those traders you opt to work with, to make certain that you’re receiving the actual thing.

If you prefer to go the ETF path, then think about all of your options carefully. Before settling on finance, make certain to read the prospectus to comprehend the way the gold has been held, who’s the custodian of this gold, and the way decisions to purchase or sell are created. Simply invest as soon as you realize the financial objectives, and are convinced that it matches your general plan.

Even though it might appear expensive to put money into stone, it can be a rewarding addition to a portfolio when done correctly. By doing your study and deciding the way to incorporate gold into your own investment plan, it is possible to make certain you’re investing in gold in Canada exactly the ideal way.


Complaints vs. Robinhood Escalates : Frustrated Customers Show Up at Menlo Park Office

As more news about complaints and lawsuits against Robinhood are being reported, frustrated customers showed up at the fintech’s Menlo Park office.

Agitated customers who want to close their account but were barred from doing so because they’ve been locked out of their Robinhood account. Since the fintech’s customer service support has not been responding to their emails, about 15 different Robinhood account holders arrived at the nondescript headquarter, looking to speak in person with a representative. However, security guards at the door were apparently under instructions not to let them in and instead gave the complainants forms to fill up.

The local police were called on to help the security guards, as some angered and frustrated customers were already acting in fits of rage; kicking and pounding on the building. According to police reports, one threw his t shirt at a security guard, while another was said to have hurled dog feces at the front door. Still, another customer vented his anger on a statue in the property by sawing the sculpture.

In recent weeks, over two dozen users of Robinhood’s trading app have filed lawsuits against the company. The most recent was filed by the parents of a college student named Alex Kearns, who committed suicide after Robinhood sent collection notices, instructing the 20-year old to pay a sum of money he owed after incurring trading losses of more than $730,000.

Clients have been trying to close their account, as the company had recently paid $65 million as civil penalty to the SEC. It was settlement for allegations of unfair trading practices, including that of not giving customers the best options for trade executions.

Most complaints have also become the subject of accusations that the company was more inclined to protect the interest of Wall Street short sellers. To prevent the prices of certain stocks from shooting up, which was against the grain of short selling techniques, Robinhood limits buying activities on some stocks.

The GameStop trading scandal however, was beyond fintech company’s control despite suspending the buying activities for the game retailer’s shares. The people behind the rally to buy the non-performing stock were a group of stock investors who discussed trading strategies at Reddit’s r/WallStreetBets forum.

One Customer Was Able to Withdraw His Money After a CNBC Interview

Rayz Rayl who said he has been using Robinhood’s free trading app for seven years, but since things have been taking a different turn, he wanted to close his account. However, he has been locked out of his account for 10 days, while not receiving any response from customer support.

Rayl told CNBC that he travelled 2,400 miles, from his home in Sellersburg, Indiana just so he could withdraw the remaining $3k in his account; needing the money to pay for his family’s daily living expenses.

After requesting the Robinhood office to comment on the interview, Rayl received notification from Robinhood’s customer service, informing him that he can now a access his account.

Debt Collecting – When To Hire A Professional Debt Collection Agency

It is unescapable for a few clients or customers to have some trouble in promptly paying their debts. This has turn out to be a common set-up particularly when the economy isn’t doing well. No matter which industry your company or business belongs to, unpaid dues or bad debt are inevitable. But, these kinds of debts can hinder the progress of the business since it considerably limits the cash flow.

Regardless the size of the business or company, it can suffer at some certain point because of unpaid or bad debts. While big businesses can most likely handle debt collecting, small-scale businesses rely on the repayments of debts so as to survive in the industry and market. In extreme instances mediocre debt collection process can bring about the downfall of the business because of the lack or the absence of cash flow especially when needed in critical phases of the business operation.

When Is The Right Time To Hire A Debt Collection Agency

Agencies that specialize in debt collecting, such as Frontline Collections, play a very crucial part in the process of debt collection. With a reliable debt collection agency, this can save you time, resources, preserve a positive rapport with customers or clients with unpaid accounts, and above all ensure the continued existence of your business by decreasing the risk of bad and unpaid debts.

While there are several ways to collect overdue debts from problematic customers, there will be situations wherein you may need the expertise of a professional debt collection firm. So, how will you know when to seek the assistance of debt collection experts? Here are a few:

Inadequate Internal Resources

For small businesses or companies with only a few workforces, coming with enough resource to go after unpaid debts without disregarding the other essentials in the account ledger can be difficult. Often, with limited employees, the individual assigned to do the task may not have the necessary knowledge and skills to successfully retrieve the payments. If this is the case, consider hiring a reliable debt collecting firm as they have the know-hows to do the job right.

Internal Collection Initiatives Are Futile

When all of your internal collection initiatives are futile and fruitless, it is high time that you hire an expert to help you retrieve these unpaid invoices. If not, it would be much more difficult for you to recover them if left unchecked and not followed up. A reliable debt collection company with an excellent debt recovery rate, you will be certain that they have an established and effective debt collection practices and strategies to bring you satisfactory results.

Client Disputes the Unpaid Invoice

If your clients or customers refuse to take accountability for the debt or perhaps are making an attempt to evade payments, hiring an expert can be very helpful. A debt collector will serve as a mediator to have a better knowledge and understanding of your clients’ or customers’ reasons for delaying or refusing payment, as well as take into consideration your T&C sale to evaluate the feasibility of their complaint or claim. With the help of the debt collector, a solution can be made that will benefit all parties as well as resolve disputes to recover payments.

Making the Most Of a Personal Injury Claim; But Will the Amount be Deemed Reasonable?

Recovering costs incurred on personal injuries suffered from a car crash could be as simple as getting paid by the insurance provider of the driver at fault. If the car collision resulted to more than just bodily injuries and damage to property, the aggrieved party has the right to claim more than just the medical expenses and cost of repairs, but also for the resulting “pain and suffering”

However, claims for costs of “pain and suffering.” is a subjective matter, which most third party insurance companies will not readily agree to when they deem the amount unreasonable based on their calculation, If the injured party remains steadfast with his claim, and his lawyer gives advice that the matter is worth bringing to court, a lawsuit may be filed in order to enforce payment.

Filing a Personal Injury Lawsuit as an Effective Method of Demanding Payment of Claim

Filing a personal injury lawsuit involves incurrence of litigation fees and other related costs borne by both parties. Yet it is also deemed as effective in forcing the insurance company to offer a settlement amount considered as reasonable by the complainant. Still, filing a lawsuit does not always work in favor of the party claiming settlement as the third party insurance firm may also consider the claim for compensation as worth challenging in court.

If so, both parties will be burdened with hefty litigation costs, as trial proceedings often take time before a court ruling can be obtained. Oftentimes, claims for compensation other than for medical expenses and damage to property will be examined closely to determine if the amount being claimed as settlement is reasonable or not.

Aside from Medical Expenses and Value of Property Damaged, What Other Personal Injury Costs Can be Claimed ? 

When a personal injury claim is brought to court, the injured party or plaintiff will be under advise by his attorney to include other claims on top of the medical expenses and value of the damaged property.

Personal injury claims may include values for lost income as well as for ”pain and suffering.” Depending on the seriousness of the bodily injuries sustained and/or the recovery period, claims for permanent disability or permanent disfigurement, combined with resulting emotional suffering can also be included in determining the amount of personal injury claim.

Quantifying those components into amounts is often the bone of contention. The traditional methods of calculating claims are by multiplying the value of medical expenses incurred plus the lost income; or by determining a per day value of personal injury loss based on medical bills and lost income.

The multiplier can be the conventional 3-year factor, or the number of days by which the plaintiff is expected to live without income. In such cases, younger but seriously injured plaintiffs can demand higher settlement as they had the potential to earn income for a longer number of years, were it not for the car crash injury.

Nowadays, insurance companies use complex software programs in determining the values by analyzing the seriousness of all factors surrounding the personal injuries. The value arrived at will then serve as the benchmark on what to offer as settlement. However, when a lawsuit is filed, the potential litigation costs will be acknowledged as a determining factor. Yet if the plaintiff will also be burdened by litigation costs, the insurance company will hold out until the plaintiff caves in into accepting a lower settlement offer.

Still, as there are now pre settlement lawsuit financing entities, plaintiffs claiming for personal injury compensation who have great potential of winning their case, simply seek for a lawsuit loan from among the best companies doing business in their region

Judi Bola – Getting Into Sports Betting And Online Betting

Soccer enthusiasts show support to their favorite team and/or player not only by watching every match they have and buying merchandise that carry the names of their much-loved team or player, but also by engaging in sports betting to place their wagers on them. They enjoy the game while at the same time get a chance to win some cash.

Many individuals wager on various types of gaming and sporting events, and for those who would want to wager on soccer, doing so has become much convenient and easier with the Indonesian judi bola. While there are a lot of online sports betting websites that provide a lot of odds and options for soccer betting, bettors need to be certain they are on a secure and safe website.

Vital Considerations

Online sports betting, which includes soccer betting, has become widespread in many nations across the globe. There are a lot of perks when engaging in online sports betting. However, keep in mind that money is involved. Regardless of the amount of wager you place, that is still money and you want to ensure you place your money on a gambling website that is trusted. Although judi bola and other credible sites provide this, there are vital considerations to take note of to make sure you make the most of your online sports betting experience. Below are some:

  • 24/7 reliable customer service
  • Wide variety of odds and gaming options
  • Diverse transaction methods
  • Bonuses and rewards

Benefits of Choosing a Trusted Gambling Website

Sports betting and online gambling in general are undoubtedly entertaining and exciting, however they could be risky when you aren’t careful. Therefore, always choose a gambling website wisely so you could reap the many benefits it offers. Let’s have a look at some of the major benefits when you do so.

  • Get Value For Your Money. To simply explain, the fact that you don’t need to spend on transportation just to get to a land-based casino to play or any physical gambling establishment to place your bets on a certain sporting event, you already get value for your money since you could do all of these by simply using your smartphone or computer.
  • Get Worldwide Access. When playing at an online casino, you get to play and compete with other players across the globe in games like live poker. On the other hand, in terms of sports betting, you also get to take part in other gambling market such as the Asian sports betting market through judi bola.
  • Get To Enjoy Free Games. Another benefit that players enjoy when engaging in betting at a credible and trusted gambling website is the free games they offer. A lot of online gambling sites do offer free games or free versions of some games to give its members and potentially new members a chance to try them out as well as to learn and understand the game better.


Amazon Launches Pharmacy Built Around PillPack’s Pharmacy OS

Amazon recently announced that Amazon Pharmacy is currently available in the U.S. except in the states of Hawaii, Minnesota, Kentucky, Louisiana and Illinois.

The pharmacy services offered were built around PillPack’s software, enabling Amazon Pharmacy to act as a prescription fulfillment center, in accordance with the health plans and health care insurance of consumers. Even more noteworthy is Amazon’s assurance that those without insurance can avail of Amazon’s Pharmacy services at discounted prices.

How PillPack’s Software Works

PillPack originated as an online pharmacy that used to rely on third-party software. However, as the demand increased for the fulfillment of medical prescriptions and delivery, the company decided to build its own software.

PillPack’s proprietary Pharmacy OS enabled the online pharmacy to simultaneously keep track of numerous medications; whilst saving time in delivering individual medications prescribed for patients; particularly those who have multiple medical prescriptions. Through Pharmacy OS, doctors can send individual prescriptions to Amazon Pharmacy in behalf of patients instead of writing each one out manually.

All medications will then be sent to patients in individual dispenser type of packaging, indicating the medical prescriptions on how and when the medicines will be taken.

In 2018, Amazon acquired PillPack including its Pharmacy OS software as part of fulfilling plans of entering the pharmacy space when the matter was first internally discussed in 2017. Now that the Amazon Pharmacy is available, the online store is on an equal footing with other well-known pharmaceutical retailers like CVS, Walgreens and Walmart.

What Amazon Pharmacy Offers

Amazon Pharmacy gives customers the option of receiving their prescription medications either by mail or by direct delivery right on their doorstep. The medications available are confined to both branded and generic drugs including frequently prescribed medications like metformin, sumatriptan, and insulin. Customers can also order birth control pills. However, Amazon Pharmacy does not dispense opioids and controlled medications classified as Schedule II drugs.

When looking to buy vitamins and supplements, customers can order these items from the Health & Personal Care section of the Amazon online store. .

The Amazon Pharmacy is also capable of accepting insurance, health savings account and other types of flexible spending accounts. This aspect allows simplification of communication between doctors, patients, healthcare providers and even insurers as it will make monitoring of insurance claims much easier.

The pharmacy service is available to customers who are over18 years old, who will be asked to furnish important information such as birthdate, gender, and other related info required by law as a means for pharmacists to authenticate prescriptions..

While seen as a useful tool during this period of health crisis caused by the COVID-19 pandemic, Amazon Pharmacy will still continue providing this service even after the pandemic has been eradicated; giving the American people a new and more convenient method of buying and receiving their prescription medications

Behavioral Changes Among Online Casino Customers Due to Economic Crisis

While the online gambling industry remained steadfast during the initial surge of COVID-19, slow economic recovery followed, even when lockdowns were lifted. As a result, regular online casino customers are showing certain changes in gaming behavior. After all, they need to be frugal when gambling amidst the uncertainties posed by the global economic crisis. .

The changes in customer behavior are rippling theoughoutn the online gambling industry since not a few online casino operators are starting to feel the pinch of low customer engagements. Yet as operators of real money online gaming sites, they must be responsive by making adjustments when it comes to addressing concerns, particularly when processing requests for withdrawal of winnings.

That way, they can stay true to their promise of providing rewarding experiences instead of adding to the financial worries of patrons. Other gamblers will seek online gambling entertainment as a form of relief for anxieties, and the first thing they will make sure of is the trustworthiness of a virtual gambling site.

Why Most Gamblers in Southeast Asia Still Engage in Online Gambling Despite Prohibitions

Although gambling in Asian countries like Brunei, Thailand, Singapore, Malaysia and Indonesia is not recognized as legal, gambling in online casinos remains a popular pastime. Mainly because their favorite online casinos and betting sites are taking steps to make sure their patrons are playing in a safe and secure environment.

918Kiss: An Example of a Safe and Secure Asian Online Casino

918Kiss online casino for one, offers its betting products and services only by way of mobile gambling. Doing so will keep the betting transactions private and hidden from prying eyes.

Its mobile gambling technology uses Virtual Private Network or VPN, instead of using the platforms of Internet Service Providers (ISPs). That being the case, all mobile gambling activities and transactions transpiring between the online casino and the mobile casino gambler will become unreadable to ISPs, government agencies, law enforcers and even hackers.

On-the-Spot Mobile Casino App Download

When opening an account with 918kiss online casino, a registering customer has to carry out the entire processes through the website of a trusted 918Kiss agent or affiliate. Starting with the mobile application download, the agent’s website provides the APK (Android) or iOS-ASP files that will enable registering customers, to successfully download the 918Kiss mobile app right on the spot.

Privacy of Communication via Whatsapp or Telegram App

Once the mobile app gets installed in the device, the onboarding process takes place with the help of a 918Kiss support staff. Communication between the assisting staff and the registering customer will be coursed through another app, either the Telegram or Whatsapp. This is another security feature to ensure that any exchange of messages between the two are kept private using proprietary encryptions.

Compliance with Identity Verification Procedure

As in any regulated online gambling site, the support staff will verify the identity of the registering individual. If no problem is encountered, the 918kiss staff will proceed with the onboarding process by helping the customer make the initial deposit. Once completed, the support staff will provide the new customer with a password to use when accessing his or her 918Kiss online casino account and the broad selection of games listed in the dropdown menu.

24/7 Assistance in Processing Deposit or Request for Withdrawal

When withdrawing funds or placing additional deposits, 918kiss customers will follow the same procedure of communicating with a support staff, either by way of Whatsapp or Telegram. One will always be available to provide assistance 24/7 at an agent’s website, and address any concerns, including facilitating of deposit or immediate processing of withdrawal requests

How professional corporate financing works

The forms of corporate financing can be differentiated according to the origin of the capital and the legal status of the investor. Depending on the origin of the money, they are further divided into internal and external financing.

Financing according to the origin of the capital

Where does the money come from? The central question is how to differentiate between internal and external financing. These two types of financing can still be divided into equity and debt financing, depending on the type of capital that flows into the company.

Internal financing – from your own resources

The funds for financing the company from within are generated from their own resources, for example, the profit made. Traders can use this for new investments. Another form of internal or endogenous financing is redeployment. In doing so, they sell machines and office equipment that are no longer needed. This type of fundraising is particularly useful for restructuring. Internal financing also includes raising funds through depreciation and provisions. It can also include investing in forex trading sites.

External financing – with the help of external donors

With exogenous or external financing, the company receives money from outside. Often the capital injection takes the form of credits and loans. Leasing and factoring are also part of the external inflow of funds.

Another possibility is the provision of additional capital by the founders or the shareholders. You add money to the company from your private assets and thus increase the deposits made by you as a trader.

Financing according to the legal status of the investor

Depending on whether the money is available to the company as equity or not, a distinction is made between the two types of equity and debt financing.

Self-financing – participation in the company

Self-financing is also called equity financing or deposit financing. If money is added to the company that is transferred to the company’s equity, it is referred to as self-financing. A corresponding inflow of funds can be made against the issue of shares. The money brought in is then available to the company in the long term. The equity ratio of trading provides information about how high the share of equity is.

Forms of financing: external vs. internal financing

When a company needs fresh money, there are a seemingly endless number of types of funding available to them.

Why is funding so important?

Companies need fresh money on a regular basis.

The most common reasons for funding are:

  • Initial investments in order to be able to start a company in the first place
  • Cover costs for product development
  • Financial bridging of the time between delivery of goods and payment
  • Investments to expand the company or individual business areas
  • Whenever a company wants to develop further, it needs money.

Internal and external finance: where does the money come from?

The first way to differentiate between the various forms of financing is based on the origin of the money: Where does the money for the financing come from?

Internal financing: money from your own company

With classic internal financing, the money comes from your own business activities. So no outside help is needed to raise the necessary sums.

The most important and simplest example of internal financing is profit. If the business is successful, the company can make a profit from it. This money can then be used to finance various measures, such as investments in further training for employees or to expand production. Some businessmen won in online gambling platforms such as bandarqq and used the money to start a business.

External finance: money from external sources

With external financing, the capital does not come from the company itself but is brought in from outside. There are various ways of obtaining external financing.

The simplest case in practice is to increase the deposits. The shareholders make additional money available from their private assets. The concrete implementation is relatively simple. However, it must be remembered that the shareholders generally only have limited capital. This form of external financing is not particularly suitable for larger sums.

This problem can be solved by adding new shareholders to the company. They invest their money in the company and receive company shares in return. This method is often used in young companies, for example, as the chances of getting a classic loan shortly after the establishment are often very low.

Trump Issues Exec Order Banning WeChat and TikTok Effective Sept. 20

Trump ends the debate on whether WeChat is a safe mobile app or not, by issuing an executive order that bans the app along with Tik Tok. Despite allegations that both social media apps are spywares, the use of WeChat in North America has spread widely not only among Asian-Americans.

While many smartphone users in North America find it convenient to use WeChat, Trump’s executive order also prohibits Americans from using it. The China-developed app is quite popular because the software not only provides messaging and social media services. It also enables app-users to make electronic payments in business establishments supported by the WeChat payment processing technology. .

The ban is set to take effect on September 20,2020; taking away an efficient cashless method of paying for goods and services amidst the ongoing COVID-19 pandemic

Why Trump Disapproves WeChat?

Apparently Trump’s strong disapproval (and fear?) of WeChat stems from a test report released by The Guardian Project in 2013. The group comprised privacy software developers who discovered that chat data coming from Indian smartphone users had a way of flowing back to Shanghai. That is considering that the Indian government is currently entangled with border conflicts with China’s Communist government. The U.S. on thenother hand, has an unresolved trade war with China.

According to the The Guardian Project report, the WeChat app’s terms of service do not give assurance that chat messages will not be accessed by China-based servers. The Chief Technologist of the Canter for Democracy and Technology, Joseph Lorenzo, said the limitation that bars Chinese servers from accessing WeChat messages is only based on the company’s word, which is not legally binding. Mainly because the assurance does not form part of the legal agreement between Tencent, the company that owns WeChat and the app users.

According to Nathan Freitas, Head of the Guardian Project, inasmuch as the app has the ability to obtain data stored in users’ smartphones (e.g. photos, videos, location data), it can be considered a spyware; especially if the app user is not aware of such technological capabilities.

Still, Freitas remarked that when looking at both sides and in a less paranoid perspective, it is also easy for the U.S. government to spy on Chinese nationals using Facebook, Gmail, and similar other U.S. developed apps, including iPhone’s iMessage.

What Tencent Says in Defense of WeChat

The privacy vulnerability of American users in using WeChat as a social media app is hardly a cause for concern since WeChat is in several ways similar to Facebook. Yet different because it does not engage in selling customer information to advertisers the way Facebook does.

Tencent officials assert that the app earned a TRUSTe certification for passing the tests for maintaining users’ privacy, and has made record for being the first messaging app to have earned such recognition.

How Exchange Rates Affect Companies

To have a better understanding of how exchange rates affect companies, it is primarily important to understand the factors that affect currency value. While there are many factors that cause currency fluctuations, interest rates, and economic growth are two of the main reasons.

What Influences Exchange Rates?

  • Interest rates. Currencies are directly affected by interest rates. The higher the national interest rate, the stronger the local currency. Higher interest rates naturally attract foreign investments, which leads to growing demand and an increase in the value of the local currency. High-interest rates promote the flow of money into a country and strengthen the currency value.
  • Economic growth. A strong economy is always the backbone of a strong currency. In a country that is blessed with strong and steady economic growth, the central bank usually raises interest rates to cope with inflation because higher interest rates affect the local currency.

With these main factors in mind, you will have a better understanding of how exchange rates can affect your business. Below are some areas on which your business could be affected.

How Changes in Exchange Rates Impact Business

  • Balance sheet. The effects of exchange rates can be serious for corporate finance directors. Loans, assets, and liabilities all have to speak the same financial language, while the moodiness of exchange rates is an additional hurdle. Financial reports are carefully checked and, at the same time, represent an essential building block for any company that wants to be taken seriously.
  • International trade. This scenario shows most clearly to what extent exchange rate fluctuations can have a major impact on companies. The export of goods overseas means that the cost of manufacturing the goods is calculated in a different currency than the one in which they are sold. If two currencies are in the supply chain, your company could make big profits, but it could also make big losses.
  • Fuel Costs. Everyone is affected by fuel costs, but they are not just relevant to your household budget. If a country imports fuel from abroad, a change in the market exchange rate can adversely affect the entire economy and, as a result, affect domestic companies. The devaluation of a national currency goes hand in hand with an increase in transport costs, which means that the transport of goods is directly affected.
  • Tourism. Although currency devaluation is generally seen as a bad sign of a country’s economy, companies can benefit indirectly from it. Tourism is a prime example of how currency devaluation affects companies. Countries like Greece, Cyprus, and Spain concentrate a significant part of their respective economies on tourism. As soon as their currencies are devalued, they immediately become a popular destination for travelers, tourists get more for their money. If you change your money into the local currency, you can afford first-class accommodation, food, and general leisure activities.
  • Mergers and acquisitions. Companies are assets. Like every asset, they have their price. In times when the local currency is devalued, companies are devalued and thus become optimal candidates for mergers or acquisitions.


As a final thought, the fluctuation in the exchange rate directly impacts many companies both locally and abroad. It is also, in this context does Forex trading works. You can get more information about the Forex market and Forex trading from a good broker like the Pepperstone. Want to know more about them? Read the Pepperstone review from WeCompareBrokers.

What You should be Doing before Launching Your Business?

Opening and running a business is indeed difficult. It doesn’t matter who you are or what you do, business is business. But at the end of the day, there is no doubt that you are going to make mistakes as you go through of its management. It is completely fine actually. That being said, with all the experience that other entrepreneurs and businesses have under their belt, among the beneficial moves you may do for your business is by learning from their mistakes.

Through this, after getting your lån uten kredittsjekk, you know that you can make the most out of it and avoid mistakes from shaping. What can you do then, if you may ask? If such a case, read the next points below:

Failing to Plan

There’s an old adage saying that, “when you fail to plan, you are planning to fail”. Among the typical business mistakes that startups are making is not having a concrete plan for their business. Without one to give direction to guide your business and growth, you will be struggling to make decisions, acquire loans or even attract new investors on board.

What you can do here is to familiarize yourself with tools that can assist you in writing a business plan.

Being Lazy to do Market Research

There are entrepreneurs who are starting a business who based everything on a survey of their family and friends and believing that it is a great idea. It’s a good thing that there’s somebody who believes you. Though these people will not be enough in sustaining your startup and survive. Not having well-defined and targeted market, your business is going to struggle to compete. With this said, you should not be making this very common mistake.

So rather than conducting in-depth market research in pinpointing your audience as narrow as possible, it is recommended to utilize secondary sources similar to census data as well as primary sources like holding a focus group or surveying your prospective customers to do your research and gather valuable information that you can.

Picking the Wrong Type of Business

Do you have a C corporation or a sole proprietorship business by default simply because this was the standard way of doing it? Making quick decisions in forming your business may make you susceptible to legal ramifications, making it difficult to raise a capital or even entangle you and your business in a red tape. So right before you launch your business, talk your goals and plans with an accountant and lawyer as they can help in assessing your situation and also, your plans in the future.

UK Fintech Volunteers : “Save My Local” Project

Concerned that many small businesses in the UK won’t be able to stay afloat due to the coronavirus crisis, UK fintechs launched the Save My Local Project.

Fintechs revolutionised the financing industry by developing tools that allow them to act as financial services firms. Doing so, has made financial products and services easily accessible to consumers and to small-to-medium scale (SME) enterprises.

Although fintech companies involved with providing funds to SMEs are themselves experiencing disruptions in their operations, some fintech players recognised the fact that SMEs, now more than ever, need business funds. Mainly because none, or less have flowed in since the UK government ordered a nationwide lockdown and stay-at-home mandate. As a result many small businesses are at risk of losing the capability to operate their business once the health crisis is over.

While help may come by way of financial assistance provided by the UK government, there are concerns that financial relief would take long to arrive; or may not suffice to keep operators afloat in the midst of the health crisis,

In light of such concerns, more than 20 fintech innovators came together to volunteer their assistance in developing a plan, and tools aimed at helping SMEs raise funds.

What is the Save My Local Scheme?

The Save My Local scheme was designed and built by a group of over 20 fintech innovators who responded to calls sent out by the fintech community. The objective was to build a website equipped with tools that will enable small businesses to generate additional business funds during the ongoing pandemic.

In less than a week, the group came out with a Save My Local website in which small business owners in the UK, in need of supplementary cash to use as working capital, had enlisted. After which, they were able to access tools to use in raising funds.

The fund-raising scheme allows small business owners to sell vouchers to their loyal customers. Selling and buying of vouchers take place at the savemylocal.org website, which ensures that customers are purchasing vouchers for the account of the business, while under a secure environment and for the purpose that such vouchers are intended.

The vouchers are redeemable by way of future purchases, serving as prepayments held in trust for customer accounts by the small business seller or service provider.

How To Gain Protection In Times Of Economic Crisis

An economic crisis has an impact on everyone’s future: insolvency, unemployment, social misery, and political unrest. History teaches that negative economic growth is not the exception, so it can never be ruled out. In these times crisis, even financial institutions like https://looselending.com/ would be tight on releasing loans not unless mandated by governing bodies.

How To Protect Yourself From An Economic Crash

Precaution: Spread the risk

If you want to protect assets from the effects of a crisis, there is only one answer: spreading risk across different asset classes. That means invest small or large portions of your investment in other areas like real estate, stocks, gold. This asset allocation, i.e. the diversification of investments across different asset classes, is called asset allocation. Risks can be eliminated through the greatest possible diversification.

Spreading risks sensibly even on a small budget

You don’t have to be rich for that. You can even invest with only 1,000 euros. You can take half of the 1,000 euros to the bank and buy them from the remaining 500 euros in investment funds. You can then, for example, put 400 euros in equity funds and 100 euros in a real estate fund.

The consumer advocate recommends that investors wishing to invest in shares buy equity funds that invest worldwide. Index funds are the first choice because they are particularly inexpensive. So you can invest in the approximately 1,700 companies of an MSCI World Index worldwide with just 50 euros at one go. The MSCI World is a stock index that reflects the performance of stocks in 23 industrialized countries worldwide.

The advantage of diversification is that the values ​​of the investments never all move in the same direction, i.e. rise or fall at the same time. If the stock markets prosper because the economy is secure and stability increases, the price of gold tends to fall. We have had this in recent years – before it was the other way around.

Equity diversification through index funds

Risk is spread through simultaneous investment in interest papers, real estate, gold, and shares. However, you can and should spread the risk within shares again and not just buy one share, but invest in hundreds or thousands of shares via index funds.

Is gold always worth gold?

Various asset classes continuously generate income: In the case of real estate, this is renting, in the case of shares, the dividends, i.e. the profits. However, gold does not generate any returns. Historically, the precious metal is a means of payment for this, a globally recognized currency that no country can easily abolish – while paper money can be declared worthless.

Gold will not become worthless. The gold price history is strongly related to crises: if there is political unrest or unstable financial markets, the gold price tends to rise while other values ​​such as stock prices fall. So if you invest in gold at the same time, you have a stabilizing component – that’s diversification.

Security, Risk, And Profitability

When investing money, you have the choice between security and risk but more profitable products. A safe product, such as interest papers or time deposits, currently offers no or only a very low return. Shares, on the other hand, are less secure because of the ups and downs on the stock exchange, but they also shed more – but only in most cases, not always: If you bet everything on one share and it goes wrong, you have lost all your money.

If you go widely into the stock market, it cannot happen. There is no scenario in which all stock corporations worldwide lose value and fall to zero.

Consumer goods are not suitable investments

Paintings, expensive watches, vintage cars, consumer goods are not suitable as an investment. Commodities would only help secure assets if you assumed they were worth more at the time of sale than they are now – but in a crisis, people tend to have less money than before, and tend to spend less than normal. In addition, consumer goods can break – then you have none of them.

Real estate is riskier than real estate funds

Many people want to fulfill their dream of owning a home and see it as good protection against crises, especially when interest rates are low. The rented or saved rent of a property represents a return like an investment. In addition, having your own home means more quality of life if you live in it yourself.

Nevertheless, such a direct investment is significantly riskier than a real estate fund that invests in several properties, the expert points out. Historically, real estate is not particularly attractive as an investment. The advantages and disadvantages of such a weighty investment must therefore always be weighed up in individual cases.

Grandma’s savings stocking makes sense today

What about the good old piggy bank or the emergency nail under your pillow? The expert does not consider Grandma’s tricks absurd. This type of savings brings zero interest, but the money is available at all times.

Many bank customers still prefer cash

Old-fashioned ways of securing wealth can also make sense for retirees: Anyone who has received the money from life insurance and does not want to invest it in the long term is well advised to use a savings book to prepare for a need such as dentures or the cost of a nursing home at short notice to be.

Small Businesses In The U.S. Feel The Impact Of The Corona Spread

Many small businesses in the United States are feeling the effects of the coronavirus. The particular impact of the virus falls on businesses owned by Asians. It’s apparent that along with the virus spreads false information. Large businesses and merchants like Nike and Apple made headlines throughout the coronavirus sudden occurrence because investors desperately await reports on the impact of the virus on the company’s sales. The notion of social distancing is absolutely taking hold. Some shops lost approximately 40% of earnings, while some lost close to 70%. The circumstance for businesses in Chinatown is indeed so serious that many are struggling to make rental payments this month.

Senate reviews the impact of coronavirus on small businesses

The scenario in the United States holds true in Canada and in many other nations around the world. Small businesses are suffering too as a result of market panic. Investors are pulling out and the financial market is dwindling regardless of the investors hold on the best Canadian stocks that may have been doing well and suddenly made it’s way down the ladder. Leaders are hoping to resolve this situation in urgency so as to recover from market losses.

In New York, In answer to the distressed scenario, People in the congress released a bill immediately to support small businesses proprietors across the nation enduring economic damage as a result of coronavirus. The newly released bill, referred to as Small Business Relief from Communicable Disease Induced Economic Hardship Act, will allow entrepreneurs to gain access to Economic Injury Disaster Loans of about $2 million to cope with business expenditures.

Many of Asian-owned businesses and organizations in New York are already experiencing a drop in sales as a result of false information, apprehension and stigma linked to the virus. The real cure for this predicament is heavily dependent on the public and thus the local government is calling for public support, to urge people to resume life.

No standard regulations have been produced for small business owners to be able to guard themselves from the spreading virus, however the Centers for Disease Control and Prevention came forward to make clear that “being an Asian or Chinese or a mix of Asian-American is not going to raise the possibility of obtaining or spreading the virus COVID-19.”

The whole world is suffering and the only solution is for people to have proper understanding of what this virus is. Finding a cure to this epidemic is a priority of leaders throughout the world. The people should do their part to stay away from the virus as much as possible by following protective measures and reduce worry and panic from spreading.

Why Trump’s Signing of Phase One Trade Deal with China is No Big Deal

Donald Trump is claiming that the Phase One of the trade deal he recently signed with China will greatly improve the U.S. economy. Economic experts though, doubt that the deal can bring significant changes from where the country was, before the 18-month trade conflict with China started.


The U.S.-China Trade Deficit Still Remains as an Economic Trade Issue

Although China has agreed to increase its purchases of U.S goods to as much as $200 billion in the next two years, the increase has little impact in putting to rest the the trade imbalance issue between China and the U.S.

Much of the trade deficit still exist, since the total U.S. products that will be sold to China stands to increase by only $15 billion (coming from $185 billion reported in 2017.) Whereas China still remains as the biggest supplier of retail goods, raw materials and other products to the U.S. that totaled to as much as $539.5 billion in 2018.

This means that despite the signing of the Phase One Deal, the main bone of contention in the U.S-China Trade disagreement still largely exists by over $300 billion in trade deficit. Simply stated, since the U.S. buys more from China than the latter does from the U.S., China still stands to gain more income in overall US-China trade deals.

On top of that, China has agreed to exclude certain U.S. goods impacted by the first-set of counter tariffs imposed on American goods imported by Chinese businessmen. Although the exclusions will encourage further importation of goods coming from the U.S., the tariff exclusion will be reduce costs on the part of Chinese businessmen and subsequently on Chinese consumers.

Trump Still Unclear on How Tariffs Work

However, Trump still thinks that the tariffs imposed on China are costs still being shouldered by Chinese businessmen, since he only reduced U.S. tariffs on about $120 billion worth of Chinese goods by half; from the original 15% down to 7.5%. This denotes that the 25% tariff imposed on the $250 billion worth of Chinese products imported by U.S. businesses is still very much a cost to contend with by American importers. .

Apparently, Trump still does not understand how tariffs work, as he still asserts that the burden to pay such tariffs still rests on Chinese businessmen.

He still cannot get the point that the additional cost of duty taxes that U.S. importers pay in purchasing Chinese products are  paid before they can bring take the goods out of U.S. Customs. The duties paid will be factored in as part of the cost of goods, which in turn, partly determines the retail price paid by consumers.

Overcoming the First Year for Startups

It doesn’t matter if you are operating in the automotive, energy, food or education industry, there is a big chance that your startup business would encounter critical issues much like with other fledging companies. There’s no denying to the fact that the initial year of a business is the most critical and difficult. There are simply tons of challenges that have to be conquered. But it is these challenges that will keep our business stronger and firmer.

Though, things are different when you are trading and using MT4 indicators. You may be see this as a source of fund to fuel your business but things are totally different because aside from being on top of what is happening, you have to make thorough analysis of where the market would go. By market, we mean global level not just on a specific niche.

Now, if you would be putting up a business, here are the common problems that it would likely face and practical advice on how you could overcome them.

Stick to Your Vision and Mission

Tactics and strategies are going to change for sure but, your main mission could serve as the driving force behind what you’re trying to achieve. For many companies, everything done, ought to be mission-oriented. After all, it is your mission that is cementing the long-term objectives of your business. This helps in improving what can still be improved and pinpointing weak spots.

If you stray away from your company’s core, then you are risking to let go of opportunities that would come your way and fail to build a unified, cohesive and above all, meaningful series of services and products.

Establish Healthy Company Culture

As much as possible, make an effort to establish the ideal business culture at the early stage of your business. This culture will start with permeates and organization leaders which will then be passed down to the rest of the team. Corporate culture is important for this is setting the tone for what attitudes and behaviors are appropriate and what’s not.

Simply speaking, it will serve as your guidance on approaching operational problems and lastly, has a huge impact on the company’s capability to retain, recruit and also, develop staffs.

Try to think of it this way, would you like your company to be filled with people who are working hard, problem solvers and analytical and doing it on their own or, would you like a company in which it feels like it’s everyone’s game? Clearly, there’s more unity and teamwork in the former and that is the path you want to go with your culture.

Play it Safe when Trading Bitcoins with Crypto Trading Bots

Making use of Bitcoin trading bot as a business is possible but most are using it for trading. There are more and more people who started venturing into and were successful in making big returns on their investments. Majority of these traders were using Bitcoin robots in an effort to drive in big profits. Bitcoin bots are basically software that is interacting directly with the financial exchanges. Aside from that, these robots are monitoring the movement of market price and placing buy and sell orders on behalf of the trader after collecting valuable data.

As a matter of fact, there are a number of benefits for using Bitcoin trading bot. Feeling skeptical, then keep on reading…

Trade on a Safe Zone

Of course, there are risks associated in virtually everything and crypto trading is not an exception. It is vital to have the knowledge to trade properly and come up with informed decisions. With a Bitcoin robot though, it will be keeping you informed from losing investments uncontrollably.

With the availability of Bitcoin robot coupled with options for flexible trading like a free demo account, it can help you in building your confidence and trading experience. Bitcoin robots are supporting licensed brokers and have great standing where you’re sure that your funds are safe. Thus, you’re operating from safe zone when trading with Bitcoin robot.

Configure Your Trading Preferences

Bitcoins that are properly coded can provide remarkable opportunities in choosing your trading assets at any given time.

These robots are offering advanced trade configurations to make trading a lot simpler. With the robot, you will be able to set probabilities among trading signals and this would help you in getting a more accurate trading data, which is pretty helpful when making trades.

Now, if ever you mess up with settings, it is easy to restore them to default or you may contact customer service to assist you.

Tracking Price Fluctuation

If there’s something that you have to know about Bitcoin, it’s the fact that it has huge variations on price for every trading day. Dependable Bitcoin robots are capable of gathering these price fluctuations and use them to make big profits from investments made.

Robots are actually way better in trading Bitcoins than humans because they’re not attached to any emotions. The capability of a Bitcoin robot to make use of complex trading algorithms in tracking these fluctuations and making best trade decisions puts you in better position in driving bigger profits.

How To Get Your Loan Approved

One of the factors that affect a person’s loan application being rejected by a bank or other financial institution is a bad credit score. Before giving out a loan, financial institutions (such as banks or finance companies) explore the risk profile of the prospective debtor. One of them is through credit scores.

What is a Credit Score?

A credit score is a measure of a person’s creditworthiness, in the form of numerical figures that are calculated algorithmically based on information contained in credit reports. This score will be a reference to determine whether the loan application is feasible to be approved or rejected.

Credit scores generally range from 250 to 900. The higher a person’s credit score, the lower the person’s risk level. That is, the person has the ability to pay their obligations, and vice versa. A good credit score means you have gained the trust of financial institutions.

Here are tips for improving credit scores to make it easier to get loans quoted from various sources:

1. Take advantage of credit cards

If you want to have a good credit history, the first thing to do is to have a credit transaction first. One can start building a credit history from the simplest way, which is to apply for a credit card.

However, you must use your credit card wisely as needed and make payments on time so that the credit score is maintained.

With credit data and credit payments consistently through the use of credit cards, a person’s credit score can also be calculated so that a person’s risk profile can begin to build.

2. Limit loans to no more than 30 percent of total monthly income

Credit scores have the potential to be low, if the total loan reaches 30 percent or more of the total income. Creditors will think of you as a potential debtor who is at risk of experiencing bad credit and is less responsible.

Therefore, you should first complete an installment or loan before applying for a new loan. This is to show that you are a responsible and trustworthy person.

3. Pay bills on time

The smooth and commitment of paying bills on time is the key to improving credit scores. Paying late will have a negative impact on your credit score.

So you don’t forget to pay your bills on time, you can use the automatic payment feature or use a calendar reminder.

4. Save unused credit cards

According to Experian, a global consumer credit rating company, keeping unused credit cards active, as long as it doesn’t burden you with annual fees is a smart strategy to maintain credit scores.

This is because closing a credit card account can increase your credit usage ratio. Having the same amount but having fewer active accounts can reduce your credit score.

Keeping a good credit history by maintaining a good credit standing is the very first thing you should know if you want to get a loan in the future, regardless if it is for personal expense or for starting a business.

Need financial help due to car accident?

If you are facing a legal case due to car accidents, and if you need urgent financial help, you may consider talking to your lawyer or any legal officer to help you take out a car accident cash advance. This type of funding is specially designed to help people facing legal issues and expecting settlement in the future.

This type of funding doesn’t look into the plaintiff’s credit score and thus you don’t have to worry if you have bad credit because this type of loan are in fact cash advances and issued to you based on your pending legal case.

Why Do You Need to Start an Affiliate Marketing Business?

Basically, there are too many ways to earn money using the world wide web. Three of the most popular online money earning programs are the blog writing, cryptocurrencies, and affiliate marketing. Among the three, affiliate marketing is the one that really rocks. And, there are numbers of artistic and technical people that love this kind of business. Why, because people engaging in this kind of business tend to live with ease, work during their intended hours, and work at the comfort of their home.

Affiliate marketing is an online business that is rewarding to an individual or to group of affiliates. An affiliate marketer usually partners with trader of products or services. The next step is the creation of own website that advertise the products or services with ads that is connected to the advertiser. Once customers are gained through your website, then you obtain percentage from the profit.

There are generally four various ways in which an affiliate marketer can earn money in this industry. This is typically based on the agreement with the trader of the products or services. These ways are on a pay-per-scale, pay-per-click, pay-per-lead, and pay-per-call activities. All of these activities may help you to land on an earning through online marketing.

Reasons to Begin an Affiliate Marketing Business

Now that you have a little bit of idea about affiliate marketing, here are some of the purposes and ideas why you must have to start up this kind of business. These may also help you to market your business the right way.

1. An economical start-up business

The start-up cost for this business is really none. Basically, you don’t need to invest on any products to produce or stock up in your store. Moreover, you don’t need to improve any services. What you’ll need is to have a website of your own and to sign up on an affiliate program.

Signing up for an affiliate marketing program is free of charge. And there are reviews available online that you can read as your guide. I’d read the Deadline News article and it give good reviews on some useful affiliate marketing program.

2. Easy to improve

Affiliate marketing is a kind of business that can be scale or level up. Handling your overhead and maintaining its number is all up to you and to the performance of your business. Moreover, making your own business label may solely depends on you and you can employ other affiliates to promote your brand. You can either be a pioneer or a seller to make money from it.

3. You can sell what you want

Through affiliate marketing, you can build your career on your own. It is highly advisable if you work on products that you really value a lot. This strategy makes it easy for you to sell products because you do not have to lie or create a story out of it.

Affiliate marketing is a kind of business that don’t urge you to sell products that you do not like.

U.S. and China Have Contrasting Reactions to Outcome of Latest Round of US-China Trade Talks

In an effort to settle the trade dispute that has dragged on for more than a year, U.S. And Chinese officials once again met in Washington to discuss new terms and conditions that could potentially end the ongoing trade war.

According to U.S. negotiators, they have arrived at a “phase-one deal”, to which the U.S. agreed to a suspension of the tariff increase that was supposed to take effect last October 15, 2019. President Trump agreed to the partial agreement, which he said also included a deal that would have China purchasing around $40 to $50 billion U.S. agricultural products, and of addressing concerns over financial and intellectual property deals.

What the Chinese Side is Saying about the Outcome of the Recent Trade Negotiations

Gao Feng, the official spokesperson for China’s Ministry of Commerce said there is no official confirmation of the amount of agricultural purchases to which China has agreed. Although Gao confirmed that as far as agreement to place orders for U.S. agricultural products are concerned, Chinese companies would increase their purchases of U.S. agricultural products in accordance with market-based principles, particularly, the demand of the Chinese market.


Apparently wary of the U.S.’ reputation for backpedaling on previous agreements, the official Chinese state-owned English newspaper came out with an opinion piece entitled “Let’s nail down ‘phase one’first, before advancing to the next,”which suggests anticipation of the Trump administration’s unpredictable tendencies.

Small Business Funding Options Aside From Traditional Bank Loans

Numerous free crypto signals have become available for cryptocurrency users to give them trade ideas and recommendations at which best time and price a certain crypto is best to buy or sell. Such signals have been created since digital currencies have become quite popular among investors and crypto enthusiasts despite of it being volatile.

Crytocurrency for Business Startup

Since its advent, crypto had been making its way into many industries, one of which is the business industry. Today, although not as prevalent, cryptocurrencies like Bitcoin could be used to finance a business startup or business outlays. With many people wanting to venture into business, other financing options are being considered aside from the traditional source of financing.

For crypto holders, utilizing crypto to start a business or pay for business expenses may be an option as they already have access to it and crypto assets; however for those without access and assets, this is obviously not an option. Nonetheless, there are still numerous ways to fund a startup, especially a small business.

Non-crypto Source of Funding A Small Business

Although business proprietors merely think of the typical bank loans as a source of capitals, there are other options that are much better than the usual loans from financial institutions. The following are some possibilities:

  • Self-Financing

Debatably, self-financing is one common option of funding small business startups. While it has its downsides, it is still an excellent way to start. It involves utilizing assets of great value that you hold to secure a loan that is more flexible and with low rate of interest. However, if you are unable to settle the loan, you risk losing these assets.

  • Crowdfunding

Many years ago, crowdfunding looked impractical and unviable, but with many proving its practicality, crowdfunding has become very possible and has turned out to be a favored option of financing a small business. Although many companies find it tough to acquire traction on platforms for crowdfunding, several do and benefit immensely.

  • Product Presales

Financing through Product presale is another option to earn capital for a small business. When your product is completely developed, you could make presales prior to even presenting it. It is imperative to note that the product must be market-ready. If the product that you have developed gains market traction, you could utilize the money form the presale fund your business prior the launch. This financing strategy was used Elon Musk and Tesla during their initial production years.

  • Angel Investors

Angel investors are individuals who are well-off providing funding for business startups. They usually lend funds in exchange for convertible debt or equity in your business. An angel investor could be an excellent funding option especially if you’re at the preliminary stages of establishing your small business. Angel investors may be a person you already know, like a friend, a relative, or a mentor.

Deal or No-Deal Brexit – UK Seniors Explore Different Ways to Boost or Optimise Retirement Funds

Many UK seniors and non-British workers are still anxious over how a Deal or a No-Deal Brexit could affect their UK state pension; or on how and where foreign-based UK retirees and non-British workers in the UK, should coordinate state pension claims.

Actually, there is no cause for worry even if the finalisation of the withdrawal event is taking a long time to materialise. The latest deadline set is on October 31, 2019, to which the UK government has updated the State and Pension web pages. They provide up-to-date information on matters that concern British and non-British retirees living and/or working in the UK. That way, currently retired senior adults and those who plan to retire can prepare a retirement plan based on either a Deal or No-Deal Brexit withdrawal.

The more important thing is for UK retirees or future retirees, regardless of nationality, move forward with a retirement plan. Let’s face it, saving up for a future retirement is a challenging mission. Even more so if goods and medication, would have higher prices if coming from any of the EU economic zones.

Important Options Available to Senior Adults Who Retire

Most retirees anticipate reaching a stage where state pensions or money saved for retirement will not be enough in addressing deteriorating physical and health conditions. They therefore look for ways to increase or optimise their retirement funds as early as possible.

Those who were able to own the property in which they live consider taking out a mortgage loan under a home equity release scheme. Others who are not as fortunate optimise their retirement money by cohabiting with relatives or nearest family. Some others co-share a home with other retirees, or with a younger adult. The latter arrangement though requires help of a non-profit organisation dedicated to helping seniors cope with the difficulties of living alone.

Home Equity Release Mortgage

There are several types of equity release mortgages to choose from when seeking to boost one’s retirement funds. The most basic is the Lifetime Mortgage, which allows an elderly to borrow funds using their real property as collateral. Its main feature is that it allows borrowers, age 55 and beyond, to cash out a portion of their equity but without requiring monthly payments.

The payment scheme of a Lifetime Mortgage works on the principle that the mortgaged property, will in time, appreciate in value. The property therefore will be sold in the future, once the senior borrower passes away, or when he or reaches a condition that requires full and long-term nursing care in a facility.

To at least have an idea on how much can be borrowed, be sure to use the kind of equity release calculator uk lenders are using. That way the tool will calculate the loanable equity amount based on data related to British seniors and to UK properties.

Cohabitation or Home Sharing Options for Seniors

Adult children of retired Britons usually offer their retired parents the comfort of their home to help optimise their parent’s retirement money. This is usually true if retired parents are only renting out a flat or a big house that was once home to a big family. Some retired seniors prefer not to impose on the family of their adult children, since they want to have the freedom to live as they please during retirement.

In such cases, some non-profit organisations extend help by looking for a potential homesharer, who can stay with, and at least be a friend to the senior sharing his or her home. Home Sharing administrators carefully vet a potential homesharer. They usually select a younger adult willing to do some simple chores for the sharing senior, as an alternative to paying rent. Both the homesharing senior and the younger adult pay the non-profit organisation a monthly minimum fee for their administrative services.

Inspirational Quote about Finance: "Making money is a hobby that will complement any other hobbies you have, beautifully."