Archives for July 2019

What is considered good debt

By Thomas on July 31, 2019

It is possible to live debt-free through careful management of your finances. However, that is not necessarily a smart choice. Only a few people in the world make enough money to pay for some of the most important purchases in life. For instance, if you need a home, car or to pay for college, you will most likely need a loan.

Discerning Between Good and Bad Debt

When considering taking a loan, the most important consideration is if it is good or bad debt. Good debt is an investment whose value will grow or guarantee you an income in the long term. For instance, taking a student loan to pay for college is good debt. For one, a student loan comes with low-interest rates. Besides that, going to college increases your potential income in the future.

A Small Business Loan is Good Debt

If you want to start a business, you probably do not have all the capital needed. In such a case, taking a loan is an example of good debt. Being self-employed is a positive move in life. You will be able to avoid depending on third parties to keep your job. Your earnings could also grow by a lot depending on how well you manage the business. With time, your business could grow and even be listed on the stock market. While there are risks, if you pick a find, which you are knowledgeable and passionate about, it will increase your chances of success.

A Real Estate Loan is Good Debt

Buying a home is a good investment. With time, the home’s value could grow in value and you could sell it for a profit. You can also invest in commercial real estate by taking a loan. With time, the loan could be paid off and you could become debt-free. Right now, the real estate industry is doing quite well. Financial institutions will lend you the money you need if you can provide a solid plan.

An Example of Bad Debt

One good example of bad debt is a payday loan. In this type of loan, you will write a personal check to the lender plus a fee. This money is reclaimed on the next payday. As a result, you might end up having to ask for a new payday loan once your paycheck arrives. Instead, consider cutting back on your expenses and waiting until the next paycheck arrives. The interest for a payday loan can be as high as 300 percent.

Consider a Private-Pension

A state pension will only be accessible to you once you are 65 years of age. However, this pension may not always be sufficient to help you in your old age. Instead, consider a private pension that reflects your life. This flexibility can help you retire in peace. Besides that, you can use the funds from your pension to pay off some of the bad debt you may have incurred in life.

Summary

It is quite clear debt is necessary in some cases. Whenever you want to take a loan, always ask yourself if it is necessary and if it will add value to your life later.

First Gift preference is Gold Bangles!

By Thomas on July 25, 2019

Gold bangles is a first preference for most of the females. This is a best gift as well if you are planning to gift something very special to someone special like your mother or your wife.

6 gram gold bangles is something I love 😊

Gold bangles are available in various designs, size and patterns. You need to be very careful while choosing size as the wrong size may cause a lot of trouble for you. Buying gold bangles can be a toughest task for someone who has not done it before. You can reach out to Melorra for the 6 gram gold bangles designs and sizes. They have a no. of designs available with them for 6 gram gold bangles which will suit for all the purposes. You should not make a mistake in choosing the right jeweler for buying the gold bangles as they may charge you excess making charges which will make your purchase ineffective. Making charges are different for machine made bangles or for human made bangles. The only thing is that you need to be very careful while making the purchase. You can get solid, designer or a combination of both for 6 gram gold bangles design.

What is White Gold? Is white gold having same value as yellow Gold?

It is a very popular alternative to yellow gold or platinum. Now a days, people are preferring to buy the white Gold as it looks very attractive and different. Some of the people who are fond of white color or silver color jewelry will definitely go for white gold bangles. White Gold contains one or more white metals for example: nickel, platinum & palladium to lighten its color along with varying amounts of Gold. While buying White Gold size can be the first constraint as white gold bangles with platinum or rhodium coating can’t be resized as doing so would damage the coating. In today’s fashionable world, white gold has become the preference of many people. Purity of white gold bangles is also measured in the same as for Yellow gold Bangles i.e., in Karats.

White Gold Bangle Sets are now very famous and priority of people as it gives you a different look and if you bored of same yellow gold bangles. You can reach out to Melorra for the designs and sizes of White Gold Bangle Sets. White & Yellow Gold Bangles are of same value when you go for reselling of same for some cash or for some other item. If you compare White gold and Platinum, platinum is more famous as it required very less re-polishing with the time based on usage. But, it definitely doesn’t mean that the White Gold Bangles can’t be re-polished. You can obviously go for re-polishing to give the bangles same shine after a period of time as well. I would always prefer to go for Halmark jewelry as it gives you full confidence about your purchase or investment.

You can definitely go for Gold bangles for either white or yellow Gold in 6 grams of weight.

How to Have Success as a Beginner Blogger

By Thomas on July 13, 2019

Starting a blog sounds fun and it definitely can be, but a lot of hard work is needed to make it successful. If you are wanting to turn this hobby into something impressive that you can potentially monetize, take these tips into consideration.

Work on your SEO and digital marketing strategy

If you want your new blog to be seen and read, it is going to need some digital marketing strategy behind it. You can learn to do this yourself, but hiring an agency is typically the best way to ensure the marketing efforts are fully maximized. It’s important to keep in mind that SEO is not a one-time thing. On the contrary, it is a long-term commitment. The good news is, with a solid plan and utilizing the best link building services, the more time, effort, and money you on SEO, the greater the results.

Decide who your target audience is and how to reach them

When you blog, you must always be thinking about your audience. From the minute you begin to compose posts, meditate on what your audience needs to know. This will help you form the best voice, tone, and overall content that will keep readers coming back. It is nice to be true to yourself, but a successful blogger will be true to themselves while knowing the right angle to play.

With all of this being said, you have to listen to your audience, as well. Talk to some friends who are interested in your writing niche. Have them read your posts and give their opinions. By doing this, you might gain some valuable insight. Once you acquire a loyal audience, you can then gauge what they learn and read about through surveys. This can ensure your writing is read and their needs are fully met.

Create an appealing aesthetic that you can keep up with

Being a blogger has a lot to do with aesthetic. In order to find success, you must figure out what your “thing” is and stick to it. This could be clean colors and simplistic style or neon patterns and bold headlines. Whatever it is, find ways to refresh over time while still remaining true to your original theme.

Work towards getting brand sponsorships

To have a successful blog, you ideally want to be bringing in some money. To do this, you will have to reach out to businesses and brands to ask if they may be interested in a partnership. Start with brands looking for influencers. This is an easy foot in the door to get practice working with professionals. Once you see results with certain products, start honing in on your specialty. For example, if you make makeup blog posts, makeup could be something you sell a lot of. There are brands that are looking to have bloggers use their makeup in exchange for writing about their experience. Once you gain traffic and followers, you can leverage more money or more products.

Brand sponsorships and partnerships are something you will gain with time. The key is to start slow and practice getting the results that brands want to see.

Follow a content calendar

If you have a personal blog, it may be best practice to make yourself a content calendar. Otherwise, there’s a big chance you will fall behind and lose your blogging momentum. Being able to publish content on a regular basis is yet another way to gain loyal followers. The consistency is something that readers crave and will respect with time.

Set up a simple Trello account to keep track of what you are working on. You can also use Google Calendar to make notes to remind yourself when to post. Whatever platform or method you use, be sure it is a valid and effective way to hold your content accountable.

With these innovative tips, your blog will be set up for success. It will be hard work, but once you notice your visitor count increasing, you’ll know it was all worth it.

How Can Radium2 Capital Help Your Business Grow

By Thomas on July 10, 2019

Small business owners can find it very overwhelming to get the funding needed to make things work. When just starting out, money can be hard to come by since most businesses are not going to be profitable.

In order to get funding, there are a bunch of different avenues to go down. Radium2 Capital offers a unique opportunity for small business owners to get money quickly without having to go through a typical loan process. Is it worth pursuing in the end? When money is needed, it is an excellent opportunity to get everything set up just right without going into debt.

What type of businesses can benefit from Radium2 Capital?

The company, which can be considered a small business itself, really focuses on helping small businesses grow as quickly as possible. Instead of locking people into unfavorable loans, the company comes up with unique funding methods that can be paid back on a person’s own time.

Funding starts at around $5000, but business owners can get up to $1 million of funding if approved. The best part is, the money arrives in just a matter of days, providing one of the quickest solutions available.

What types of funding opportunities are available?

The two main funding options for people from Radium2 Capital are merchant account based advances and revenue based advances. Depending on a business’s unique situation, one might be better than the other. Both are very quick methods to get funding, and customer service representatives will always provide assistance for those people trying to determine the best fit.

Are there any hidden fees or potential to be ripped off?

Radium2 Capital understands that business owners are always going to be on high alert for the potential to be ripped off or scammed. That is why Radium2 Capital is very upfront with all fees, and they are fully accredited with an A+ rating from the Better Business Bureau.

There are a number of reviews online from customers as well. The company strives to be a very open book with everything that they provide, and every client has full access to customer service representatives at any time if they have questions.

What is the best way to get started with Radium2 Capital?

Most people who are interested in using Radium2 Capital will visit the website and get started with a few simple questions. An initial consultation will be set up after the application is received.

If approved, the process to get money will be pretty straightforward. All repayment options can be set up automatically, or payments can be made through a number of other methods. There are always opportunities to tweak things as well. For example, some business owners might decide to take out more money, or possibly pay off things a little bit more quickly if enough money is available.

For more information on how Radium2 Capital can help any type of business, feel free to visit their official website.

To read more on topics like this, check out the business category.

A Step-by-Step Guide to Forex Trading for Beginners

By Thomas on July 4, 2019

The forex markets are a fascinating domain that new traders enter all the time. It’s the most actively traded market in the world, with more than $5 trillion worth of trades being made every day. The volumes on the forex market outweigh those on the equities sector by 25 times.

There are essential steps that all traders must follow in order to become successful at forex trading. The following is a step-by-step guide to help beginners learn more about forex trading.

Understanding the terminology being leveraged

While many traders may want to jump straight into the market, it helps to understand the basic language of the forex markets. There are certain keywords and phrases that are important to understand, which can then allow you to form more coherent strategies. These strategies become the backbone of your investing principles, and allow you to become an expert at forex trading.

Base currency

This is the main currency that you are holding. One of the strongest base currencies in the forex markets is the US dollar. It’s also an important way to determine the potential of the trade when you are holding a certain base currency.

Quoted currency

This is the currency pair that you are going to purchase using the base currency. This is an important term to remember, especially when dealing with three-country deals.

Bid/Ask pricing

Your forex broker will bid/buy a currency at a certain price point. This is the bid price for your trade. When it comes to the ask price, it is the price point at which your broker will buy your quote.

Spread and Pip

The ask is always higher than the bid. The spread is essentially the difference between the ask and the bid price. It can be measured in “pips” which is the smallest measurable value of the trade currency. It is equivalent to 1 percent of your currency.

Understanding the principles of trading

It’s important to understand the basic principles of forex trading. Since major news events influence the markets on a regular basis, it’s your job to find the most relevant insights. These key insights will help you gain significant advantages when it comes to forex trading.

Understand the impact of events

New events will impact the world of forex markets in different ways. It’s important to find the right piece of information and study the market impact early on. This will help you set the right expectations about what movements can be captured at what range. It helps to study major currency pairs such as EUR/USD, USD/JPY, GBP/USD, AUD/USD, & USD/CHF.

Use a coherent technical approach

A technical analysis of the exchange rate data should provide enough starting inputs for your next move. A price action analysis of the market will provide the right building blocks towards technical expertise. Key areas such as price history, swing analysis, trend lines and resistance areas will help in refining your strategy better. You can learn more about it here:

https://tradingstrategyguides.com/price-action-trading-strategy/

Time your move wisely

It’s critical to time your trade wisely and only after analyzing the business, technical, and analytical side of the picture. Traders can often time their move correctly by studying forex markets for extended periods of time.

Why use forex markets?

Banks leverage forex markets to hold stability during tough times. Companies use forex markets to hedge their bets, as well as transfer money back at better rates. The forex market is used by investors, traders, banks, companies, and portfolio managers across the world.

Beginners may be entering the market with their own conceptions of what can work and what won’t. This is where it helps to study the forex markets deeper, while discovering new strategies through online guides and programs.

Top Tips for Long-Term Strategic Business Planning

By Thomas on July 1, 2019

If you want your business to have long-term success, as well as the best possible performance, you will need to plan strategically. With a business plan in place, you will be able to have more control over your team and the direction that you are leading them. With a goal-oriented mindset, you will have an advantage over other businesses that have not developed a strategic plan.

What Is Your Vision?

What is your vision for your career and the future of the company? This does not need to be known by customers or employees, but you should know this, to map out your goals more effectively.

What Is Your Company’s Vision and Mission Statement?

These should be communicated to customers and employees, and definable in under a hundred words. Remember, a vision statement is not a mission statement.

A vision statement describes where the company aspires to be upon achieving its mission. It is intended to describe where the company wants a community, or the world, to be because of the company’s services.

A mission statement is an action-oriented vision statement, communicating the purpose a company serves to its audience. That often includes a general description of the company, its function, and its objectives. Ultimately, a mission statement is used to explain the “what,” “who,” and “why” of a company.

What Are Your Short-Term Goals?

Short-term goals are extremely important and should be realistic. What do you want in the next two years? If it is realistic, you will short-term goals can then easily inform your long-term goals. Short term goals are also great for keeping your business on track and celebrating the small successes that ate just as important as the larger ones.

What Is Your Action Plan?

You will need to have a solid foundation of an action plan, but you must also be able to adapt if circumstances change.

What Strategies Will You Be Using?

Strategies will help you attain your short-term goal logically and practically, while also ensuring you have a healthy work-life balance by laying out your goals in time-effective manners. For example, if your short-term goal is to build an app, the strategies you use may be:

Researching vendors such as the App Store or Google Play
Creating your development plan
Finding out the prices other app developers are using
Creating a sales plan and marketing budget

How Are You Going to Use Strategic Communication?

Any business will have meetings, but meetings can eat into your time where it is needed in other places. This means that strategic communication is needed to allow everyone to instantly know what they are doing and when so that they can work as effectively as possible to improve the business’ position. Communications should also be goal oriented.

Communication is strategic when it is completely consistent with your mission, vision, values and enhances the company’s strategic positioning compared to competitors.

How Often Will You Review?

To avoid going in the wrong direction for too long, you need to review your goals regularly. Monthly or even weekly check-ins can help with adaptability. However, if you are too frequently doing this, it can also make your business lack direction. For that reason, it is important to find a healthy balance.

Is Your Business Adaptable New?

The business market will change as you are trying to implement your product or service and growing as a company. There will be challenges, but also opportunities. If your business plan is too rigid, you will not be able to avoid the pitfalls or benefit from opportunities. Brief weekly reviews can help to identify potential changes or challenges.

Do You Have A Strategic Planning Team?

It may be tempting to try and take complete control of your business, but a strategic planning team can help you along the way. A strategic planning team will be able to help you with your company’s vision, as well as how adaptable your strategy is. Start by building your team with top tier management staff and employees and expand from there.