Author: Susan

Reasons Why 46% of Millennial Borrowers Will Keep Their Kids Away from Student Loans

Most millennials have unwillingly become part of the newest class warfare of the century. What is fueling the conflict? Student loan debt and its large-scale snowball effects on the lives of millennials who have had to depend on it for their tertiary education needs.

There has been widening wealth rift between households with student loans debts and those without. In 1998, under- 35 families under the clutches of student loan debt had a 36% less net worth than households without student debt. A household with student debt had a net worth of $68,687 while the later had an average net value of $108,146.

By 2016, this rift had widened to a whopping 75%. A household with student debt was worth $29,087 while one without was worth $114,376. Read more

Out of the Box Ways to Fund Your Small Business

If you are looking to really take the next huge step in your career and start your very own business, you might be wondering what options there are to get that first lump sum of cash to get things off the ground.

Sure, you could stroll over to your nearest bank and ask for a traditional bank loan, but in 2019, there are so many more options are fingertips. The reason why you may want to consider other options are pretty obvious.

First off, because banks are massive corporations, they have pretty strict guidelines when it comes to who is able to take out a small business loan. If you have any marks on your personal credit, for example, you could be a sitting duck.

On top of that, traditional loans are hard to apply for and can take a long time to gain approval. If you are looking to strike the market fast, their archaic way of business might not suit your needs.

Finally, because banks have a lot of costs to keep their doors open, interest rates can be quite high. Making it harder to actually start making a profit with your brand-new business.

So, what are the alternative options at your disposal when it comes to funding your business?

Continue reading to find out. Read more

Adopting a Frugal Lifestyle

You work hard for your money, so why are you so willing to spend it without giving a thought to how much everything actually costs? Many people spend a lot on things needlessly. And, because of this, they find that when it comes time to take a vacation or buy a large ticket item, they simply don’t have the money. Wasteful spending can cost you more than the money you consume. It can also affect your health and your level of happiness.

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Three Popular Methods of Selling Farmland

The United Kingdom is composed of 70% agricultural land. As such, selling farmland remains one of the easiest ways to gain profit from your property. Traditionally, farms are sold and purchased through auctions. But the age of digital marketing, as well as legislative changes, are reshaping the way farms in the UK are bought and sold.

Auctioning off farmland remains a popular method especially for selling off small blocks or farms and in some cases when it involves a probate property sale. But real estate agents now have the capability of reaching a more extensive clientele because of online advertising and digital marketing. This translates to the increase of conducting farm sales & purchases through a private treaty. Read more

How to Solve 5 Common Money Mistakes Everybody Makes

We’re all human. And we all make mistakes. But some of these blunders can hurt a lot more than others—especially when they involve personal finances. People who have gone through tough times with money will tell you it’s no fun. While some things are unavoidable, there are certain common issues that can be avoided with a bit of forethought.

Here’s how to solve five common money mistakes everybody makes.

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How Growing Your Money is Like Gardening

There’s something so satisfying about planting a seed and watching it bloom into a beautiful plant. The same gratifying experience can be enjoyed when you learn how to grow your money effectively. Use these tips to discover the many ways in which increasing your personal wealth is similar to gardening. Read more

5 Critical Investments You Need for Your Business to Succeed

If you’re planning on going into business for yourself, you probably already know it will cost a lot.  What you may not realize is just how much.

According to the AARP, the average cost of starting up a business is around $30,000. That’s a lot of investment for something that has a high potential for failure. Statistics show that 80% of new businesses fail before they reach their tenth year.

If you are committed to starting your own business, be smart about it. Put your money where it will serve you best by investing in these five critical areas. Read more

5 Effective Ways to Turn Your Skillset into a Sustainable Career

The American dream has certainly changed. In our parents’ time, the dream was to get a stable job you could retire from, own a home, and start a family. Today, it’s very rare for employees to stay with the same company for 30 years. People are much slower to get married and have children than in the past. Home ownership is now outpaced by renting. It’s safe to say – things are different.

When it comes to work, even the very definition has changed. It used to be defined by an office setting, with a 9 to 5 work schedule, a suit and tie, and saving towards retirement. Now, younger members of the labor force are abandoning security to pursue freedom. They want to work their own hours, be their own boss, and live the life they desire right now, not when they’re 60.

If you’re one of these people, you’ve got a rough road ahead. It’s tough to be your own boss, and cut yourself off from the security of a salary job. But if you succeed, you can join the small percentage of people who are pursuing the lives they always dreamed of, without having to ask for vacation time to do it.

To help you get started, here are five effective ways you can turn your skillset into a sustainable career. Read more

How To Make The Most of Your Investment In ISAs?

With the start of the financial year fast approaching, this is the best time to look into your Investments Savings Accounts (ISAs). Every year on the 6th of April, you get to see for yourself how hard your money is working for you, as a new financial year is rolled out.

Whether you are a veteran ISAs investor or you are just starting off, this guide will help you to understand the intricacies of ISAs. Likewise, you will get to learn on the ways on how to make the most of your investment in ISAs.

The beauty with ISAs investments is that you are exempted from income tax or capital gains tax on the interest earned.  Read more