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Month: December 2018

Pay Off Your Student Loan Before You Graduate

Pay Off Your Student Loan Before You Graduate

Reverse e-commerce.

This is when you set up a site or use eBay and list items that you think may sales.

First step.

You take quality pictures and list the item.

If and when they sell, you then go back and buy the item and ship it to the buyer.

This is a great way to do business because you don’t need any inventory.

This will give you the freedom to test out the market in your niche and see what is selling.

eBook business model.

This is when you write up a pdf and format it into an eBook with graphics.

Keep in mind though, you don’t need to create anything if you don’t want to.

Of course.

If you have a passion for an idea, try to create an eBook around that passion.

And if not.

You could just interview an expert and then turn that interview into not only into an eBook, but also an actual book and an audio product.

So, you could end up with a home study course or a membership site and earn monthly passive income from it.

Those are just 2 business model you can use and start from your very own dormitory room.

The great thing about both of these business model ideas is that you don’t need that much money to get started.

Now, can you see how this could and should work?

I would like to stress to you guys… really think about using this idea to pay off your student loan and at the same time build a successful online business!

Use an Unsecured Loan Calculator

Use an Unsecured Loan Calculator

What’s more, if you don’t own your home (i.e. you rent your home) unsecured borrowing is the only option you will have, as the property is not yours to secure any borrowing against. While secure loans can be paid off over long periods (several decades such as, like a mortgage) unsecured is the best option when it comes to smaller amounts.

Personal loans usually range between £500 and £25, 000. Eligibility will usually depend on your credit rating, however, if you know there are blemishes on your credit record, there are lending companies out there who will consider your application on personal circumstances alone without running a credit check.

In this instance, lending companies will usually ask for proof of your monthly income to make sure you can afford your repayments. They may ask for bank statements, pay slips, or to speak to your employer directly to find out that you work there and receive the salary you have declared.

If you know your lender will check your credit record, it’s important to know where you stand with the credit bureau. The best way to do this is by using a free website like Clear Score. You will be asked to enter your personal details and answer some security questions, but then you will have access to your credit file at any time.

It’s useful to be aware of your score, particularly if you’re planning on applying for a mortgage or buying a business in the future. However, it’s not the be all and end all – there are lending companies out there who will consider your application without running a credit check. Look out for “poor credit” lenders.

When using a loan calculator – whether online or through your bank or lender in person – you will be asked how much you would like to borrow. It’s a good idea to spend some time figuring this out. Don’t be tempted to borrow a large amount that you won’t be able to pay back. The calculator will help you stay within your means.

You may be asked to state the purpose of your borrowing. This could be anything from moving house, paying for a wedding or consolidation. It’s important to be clear about what you intend to use the money for, as this will tell your lender’s decision – although of course no one will be checking up on you once the money is in your account!

The calculator will work out what your monthly repayments will be, depending on how much you wish to borrow and over what time. Personal loans can take anywhere between six months to six years to pay back – depending on how much you can afford to pay per month.

Avoid The Pitfalls Of Personal Bankruptcy

Avoid The Pitfalls Of Personal Bankruptcy

If you lose your job, or otherwise face a financial crisis after filing Chapter 13, contact your trustee immediately. If you don’t pay your Chapter 13 payment on time, your trustee can request that your bankruptcy be dismissed. You may need to modify your Chapter 13 plan if, you are unable to pay the agreed-upon amount.

When meeting with a personal bankruptcy lawyer, be sure you have all of the necessary paperwork with you. This will make the whole filing process go much easier and quicker. Some of the paperwork you should have with you includes loan documents, credit card bills, and any other relevant financial documents.

Make sure that you fully understand the implications of declaring yourself bankrupt. Once you have filed for bankruptcy, you will find it difficult to secure any credit at all. While you may not see that consequence as a huge problem at the moment, if you wish to purchase a home in the future, or lease an automobile, you are probably going to need the credit.

Do not think of filing for personal bankruptcy as a shameful thing. Going through the filing process often brings out the worst in people, causing them to feel a variety of negative emotions. But, there is nothing positive about feeling this way and it can actually affect your mental state. If you are filing for bankruptcy and you are thinking negatively about the situation, make an effort to stop that now.

Do not be afraid to file for bankruptcy. Sometimes people find themselves so overwhelmed with debt that they just decide to do nothing and bury their heads in the sand. This is the worst thing that a person could possibly do. Instead, they should file for bankruptcy because by doing so, they are taking positive affirmative action and giving themselves another chance at managing their finances.

Never rely upon bill collectors to share accurate information about your debt and bankruptcy. Some unethical collectors tell consumers that their debts are exempt from bankruptcy rules, but this is actually only true for a few special kinds of debt. If a collection agency provides you with inaccurate information like this, report them to the Attorney General’s Office in your state.

Do not make the mistake of running up lots of new debt just prior to filing for bankruptcy. The court will take all of your spending into account, including recent debts you’ve incurred, and the judge may not be willing to waive debts if it appears that you are trying to game the system. Make sure that your spending habits reflect a true desire to change.

Make sure you are aware of all your options before you file for bankruptcy. For example, you may want to think about credit counseling. There are some good non-profit organizations that could help you. With their assistance, you can reduce the payments you have to make and even get some of the interest removed from your debts. You pay the organization, and they pay creditors for you.

Consider hiring an attorney to help you. The laws surrounding personal bankruptcy can be complex at best and confusing and convoluted at worst. If you feel unsure of how to go about moving forward, consulting with an attorney may be the best move you can make. An attorney can be the guiding hand you need to make the process as smooth as possible.

When you file bankruptcy, you want to avoid finding yourself in similar dire financial circumstances, so planning for and making a post-bankruptcy budget is a good idea. When you can create such a budget and stick to it after bankruptcy, you are far less likely to find yourself in the same position in the future, ensuring you are more financially free.

Handle Instant Wealth

Handle Instant Wealth

Take some time for cooling off

You need a 6-10 months’ pause to adapt to the money shock and fully understand the limits and the possibilities of the newly found wealth. It’s not uncommon to overestimate it – the fact due to which so many lottery winners fail to prioritize their goals. Certificates of deposit may be a safe way to park the money till you’ll be able to deal with it.

Emergencies first

Think of any emergency situations you have. Having funded them, you need to make sure that you’ve got an emergency fund. Many people already have one, but if you don’t have a dime in savings, that’s what needs your attention first.

Manage debt

At this point you need to act judging from the amount of your newly found wealth. Credit card debt might be your priority, but if it’s going to eat up all the money, don’t clear it up at once. You need to have some money saved for an emergency; otherwise it’s hardly possible to get out of debt. Choose the credit cards and loans with the highest interest rates.

Invest in your future

How many windfalls like this can you possibly have during your life? This may be a chance of a lifetime to safeguard your future. Some of the long-term goals you may consider include saving for retirement, getting a degree or educating your children.

To create an investment strategy, you may need expert help. A financial professional will help you estimate profitability index of projects you’re considering.

Tax Services CPA Can Offer Small Business

Tax Services CPA Can Offer Small Business

  1. Tax Preparation
    No matter what type of business you want to start, you are sure to have a ton of paperwork. Aside from filing that paperwork with the IRS in a timely fashion, a CPA will work to maximize deductions and minimize payments for your business. Using an accountant will also help ensure the accuracy of your return, avoiding future problems with the IRS.
  2. Tax Planning and Compliance
    Our economy is always changing, and tax laws must adapt to those changes. Your CPA will be able to help make sense of these complicated laws. He or she may also offer help in estimating quarterly payments to the IRS and advise you on how to plan for those payments.
  3. Financial Consulting
    Although not strictly tax-related, make sure to utilize your accountant’s extensive financial knowledge. A good CPA should be able to offer you advice on risk management. He or she can give valuable advice on how to manage the growing wealth of your new business, and may also provide you with information on new cost-effective technologies.
  4. Accounting Services
    Most entrepreneurs have little or no experience with bookkeeping. Using a CPA to organize your financial information is a smart way to make sure all your numbers stay balanced from the very beginning. Your accountant can handle your incoming payments and manage your outgoing expenses, providing you with an accurate picture of your gross income so that you know how much of that income is profit. He or she can also provide payroll services, ensuring that you and your employees are paid on time.
  5. IRS Problem Resolution
    If you tried to handle your finances in the past and have run into trouble with the IRS, don’t worry. Your accountant is trained to work quickly to resolve any problems as efficiently as possible. He or she can help you pay any past-due taxes and resolve discrepancies. You will also be glad to have an accountant on hand if you happen to receive an audit.
Budget Health

Budget Health

The first thing I did was track my spending habits. Tracking your spending can be painful because that is when you find out that your money is going down a black hole with no hope of return. For me that meant that I had to stop going to Ross every time I got paid and I also had to stay away from my favorite shoe store.

Yes, the first thing was the shoe store. I have a favorite shoe store, I won’t tell my secret, but there was one time I went in the store and because the shoes were on sale for $4.99, $5.99 and $6.99 I bought 20 pairs of shoes. That’s right I did that. The store clerk had to help me carry the shoes to the car. I was bad about buying shoes because I could never go and just buy one pair, I had to buy three to four pairs at a time. I knew I had to make the change and I thought it would be difficult but it went much better than I had hoped.

Now your thing may not be shoes but there is something. We all have our “favorite” thing that we spend money on even if we are not a person that is addicted to shoes. I can tell you from experience that once you start it will get easier if you remember that everything must change. If I could make the change several years ago then you can change also.

  1. Remember why you are doing what you are doing. Once you get the picture in your mind of why you are doing something keep it ingrained in your mind and it will make the process easier in every way.
  2. Decide what goal you have to reach and make a plan to stick to that goal. Creating a budget is like plugging an address into your GPS. You have to know where you are going in order to get to the desired place.
  3. Lastly, get some help. So often people try to do things on their own. While there is nothing wrong with that just think about how much more you accomplish when there is more than one person. Get a second set of eyes on your finances. Preferably someone who knows what they are doing and care about your results to keep you on track.
Why Choose Emergency Loans in Adverse Financial Situations?

Why Choose Emergency Loans in Adverse Financial Situations?

At times, much to your surprise, you may find yourself financially entrapped in the middle of the month, before you could receive your next paycheck.

In such a financially threatening condition, the immediate assistance that you could think of would be a loan from a reliable loan company or family and friends.

But, if all your backup ideas fail and resources, it would be more than appropriate to turn to an online loan lender for help.

There is nothing to panic about when getting a loan. People do experience such unexpected situations of desperate financial need at least once in their lifetime and everyone can try to get hold of emergency loans in the market.

When you’re in need of emergency loans to cover up your emergency expenses it’s important to understand that lenders can be of great help. They involve quick process during preliminary approval stages and chances of your loan application getting rejected are relatively low. Choosing a short-term loan product for emergency needs is one of the best ways to get out of financial emergency.

The main fact that you could always keep in mind is that these emergency loans were designed for people that have a steady job and generate monthly income to meet their emergency financial needs.

They are meant to be repaid in small cycles or possibly with your next paycheque. The worldwide accepted truth is that not all people from different classes are self-secure to meet sudden sky-rocketed monthly expenses. The best option for them is to apply for emergency loans that have less processing and approval time.

Emergency car title loans offer cash as at when you need it, which will assist you to tackle the situation without any worries or delay.

With the amount received you can fix your washing machine or car, pay your medical bills or whatever the emergency need maybe. After applying for the loan, you could receive the funds on within 24 hrs.

The main benefit of getting emergency loans is the hassle-free process that is involved in getting them. Another major point to note is that it does not matter if you ever had a bad credit record history because these loans are 100% credit check free. Emergency loans are meant for emergencies and you won’t even have to tell the lender the reason you’re borrowing the fund.

Furthermore, the amounts provided in the loan market start from $100 and could go up to $5000, with repayment cycles varying between 1-6 months, making this the best way to meet an immediate need.

To qualify for the loan, you would need to have a working bank account and be a resident of the United States of America.

The other important requirements are; you should be in a monthly paying regular job and you must be at least 18 years of age. But, the only disadvantage here is that most of the online lenders do not approve a loan for people who don’t have a job.

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Financial Investments

Financial Investments

The idea is to start small; you do not need pots of money to invest. Here is a list of possible areas where you can venture into to understand smart investing. These financial investments should be at your New Year’s resolution list as they are a combination of risk-taking, investment amount and return of investment (ROI). These investment ideas will allow you can to balance your short-term and long term financial interests.

Invest in gold: Investing in gold is always considered good as it is an indispensable asset across cultures and geographical boundaries. Gold investment can either be made in physical form (like buying gold jewellery, gold coins, or bars) or by means of ‘paper gold’ (via Gold Investment Accounts of banks).

Real Estate: This investment option carries medium risk and investors need to select the right property to get the highest return.

Unit Trust: This is a collective investment plan that permits small and medium investors with similar investment ideas to pool in their funds and invest in a portfolio of securities. The pooled funds include cash, bonds, shares, properties etc. These are long-term, safe, and adopt a steady approach towards investing. By investing in unit trusts, investors with limited time can gain higher returns from capital markets. This investment option carries low to medium risk and suits the common man who is interested in equities but does not have the funds to expand independently.

Insurance: Investment linked insurance policies or ILPs provide extensive coverage and a good return upon maturity. These investments do not require large investment capital.



It sounds like a great idea, at first blush, but can anything like that truly work? Is there really a way to make effective budgeting… the operative word here being effective… less stressful? Or is this like a lot of clever workout regimens, the purpose of which are to help you realize the same results by way of lower amounts of vigorous activity and less restrictive dieting, but which, in the end, are simply not as beneficial?

For starters, let’s clarify the ultimate goal of a budget. It is not simply a mechanism that enables you to successfully live within your means, although that is certainly a part of it. The overriding purpose of a budget is to go a step further, to leave you with a meaningful enough amount ofdisposable income at the end of each month such that you can put some away in a retirement plan, pay down existing debts, and build up readily-accessible savings. With the anti-budget, you’re actually pulling off the top your sums to be set aside, and leaving yourself with the rest to manage your obligations and living expenses. For example, an anti-budgeter making $5,000 per month might set aside $1,000 off the top… which could mean taking it all at the beginning of the month, but, based on the way many folks are paid, might peel $500 out of each biweekly check as soon as it’s received… and deposit the rest into his regular “operating” checking account used to meet regular monthly expenses. The anti-budget, then, is really just a new name to describe the old strategy of “paying yourself first;” you take out your investing and savings monies before you pay any of your monthly bills, and then figure out how to meet those obligations with what’s left.

So much of the success of any personal improvement strategy revolves around the particular psychological makeup of the person applying it. Some people do exceptionally well with traditional budgets, and wouldn’t use anything else, while others find success with the anti-budget approach; still others have no use for anything quite so formal, and manage to find success absent any mechanism at all. Of course, the rest simply fail to meet their budget goals altogether, finding that there is no way to escape their own self-destructive behaviors when it comes to managing money.

In other words, what works is what works for you. I could not be an anti-budgeter, personally, because my psychological makeup simply would not permit me to direct money into savings first, without being assured that I could meet my obligations. In my case, I do sort of split the difference between the two strategies – I automatically have a set minimum dollar amount withdrawn each month from bank account and moved directly into a retirement plan. However, I also wait to see how much I have left over at the end of the month before I decide how much I might put intoadditional savings.

The problem with going directly to an anti-budget approach, if you know yourself to have issues meeting obligations, is that you might well be putting the cart before the horse. Until you are certain that you have enough money coming in to meet your regular monthly obligations, it’s tough to see how you would know how much you could pull off the top as discretionary money. Someone who likes the anti-budget approach, but who is new to budgeting, may benefit from using a traditional budget approach long enough to ensure that he has his basic financial house in order, and, once satisfied to that end, then transitions to the less-rigorous, anti-budget mechanism.

About Obtaining VA Home Loan

About Obtaining VA Home Loan

The majority of VA loans are able to be closed within 45 days. This is common in the mortgage industry. There are a number of steps in the approval process and getting preapproved is one way to shorten the closing time. Preapproval means a person has met the lender’s basic requirements for a loan before starting the process. The timetable for a seller to move out of the house and a buyer to move into the house can impact the closing time. An agreed upon moving date can also make the process longer or shorter. The VA appraisal also plays a role. Should the appraiser make the loan based on necessary repairs, the closing date could be extended by weeks and sometimes even months. After an appraisal, the VA loan must then go through the underwriting process. This is the final step. The need for more documentation or resolving eligibility issues can cause the closing date to be extended.

When a person applies for a VA home loan, they will hear about a formula known as the debt-to-income ratio (DTI). The DTI takes the VA loan applicant’s monthly debt payments and compares them to their gross monthly income. A lender will focus on monthly debts such as the cost for housing, unsecured debts and more. The DTI ratio benchmark for a VA loan is approximately 41 percent. When it is more, a lender may want additional financial information. Should a person have a high percentage of debt when compared to their income, they shouldn’t give up. Some lenders will provide a VA loan with higher DTI ratios.

The first step in applying for a VA loan is to complete and submit VA form 26-1880. This is to request a Certificate of Eligibility. This certificate is provided by the Veterans Administration. It is proof a person is eligible for a VA loan. It does not guarantee a person will be approved for a loan. The length of time required on active duty is determined by when a person was in the military. A person who served in the Gulf War must have completed 24 months of continuous active duty or for at least 90 days and received an other than dishonorable discharge. A person will qualify if they served during this time for less than 90 days but have a service-connected disability. To learn specific length of service requirements for a VA loan, contact the Veteran’s Administration.