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Showing posts from 2020

WHAT ABOUT LIVING OVERSEES ?

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    If you live in a first world western country you probably know someone who lives abroad in a cheaper country, or at least that has already lived abroad. The experience of living abroad can be an incredibly nice life experience since you will be able to be with a different culture, cuisine, and way of living. It opens our mind to how much some cultures don't seem to focus so much at work, and have a pretty laid back attitude towards life.     This is a trend that has been going up for the last years and after the COVID-19 vaccines might return to be a trend. I'll list 3 "types of countries" that might be interesting to people with that thought.      1-Cheaper countries.      Either Thailand, Indonesia, or Malaysia, if you love Asia, or Mexico, Ecuador and Panama if you prefer to stay close to home. Either way, people loved going to these places especially if they have their money coming with western-based salaries since this can be a game-changer. In some countries

4 Best Ideas to Make Money at Christmas Time

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Jingle bells! jingle bells! And another Christmas is coming! A beautiful time, full of lights, ornaments, and colors. It is time to gather the whole family and spend time with your beloved ones. When we talk about Christmas, we think of gifts, decorations, lots of food and, of course, lots of shopping! But, Christmas doesn't just mean spending. For some people, it means earning extra money. Why not? And what about you there? All full of skills and have no idea what to do to make money this Christmas? What do you think about turning your hobby into something profitable? Continue reading to know the 4 best ideas to do so. Make Extra Money With Crafts If you are good at making crafts, investing in Christmas ornaments can be a very promising idea to earn extra money for Christmas. In addition to the possibility of opening many doors for you in the future. You can make garlands, mini Christmas trees, cribs, handmade balls, felt ornaments, Santa Claus in fabric, lamps, handmade candle

BREXIT: Is it done yet?

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 Brexit has been over Britain's mind for a while, it's been a long time since they voted to leave the European Union. Although much has changed since there, they are still a member of the Union, making it look like a Mexican soap opera, that never ends. This December 9th Boris Johnson, the British prime minister, has met with Ursula  von der Leyen, the president of the EU commission in Brussels. Apparently, Boris Johnson has hoped for a last-minute deal, like the one last year where they agreed for a transition until 31 December of 2020, meaning the UK would be out of the single market on January 1st. The trade deal, that both parts hope to achieve have a very different initial position, the UK wants complete sovereignty, being able to completely ignore laws made in Brussels. The EU's position is that they want to have the authority to retaliate in the case of the United Kingdom harming the single market core values. If no trade deal is done before 31 December there will mo

6 GREAT Tips To Save Money At Christmas Time

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     We started the month of December and already noticed the stores decorated with Christmas ornaments. It is when we realize that we are at the end of the year, a period where we usually see the family, be close to those we want and review the plans we have made for 2020. However, together with this good atmosphere of fraternity, unity and reflection, the end and beginning of the year comes with several expenses that we are often not prepared for. There are also the expenses with decoration, gifts and travel. So, today I will give you six great and simple tips to save money in this period of the year:   1-  Make a list of the people you will be giving away for Christmas      Many people are happy to give gifts to everyone they know, even if it is just a candy. However, in times of crisis, it is important to plan your Christmas shopping before you go actually shopping. And the first step for this is to make a list with the people you want to give, starting with the most important one

CORONAVIRUS VACCINES.

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As everyone probably knows, the United Kingdom has just started vaccinating its people. Besides the incredible benefits vaccines does for our society overall, I'd like to talk about how much this vaccine will affect our life financially.  This vaccine developed by Pfizer will be the first one used by the public, unfortunately, the US is still a little behind at getting a hold of this vaccine. This is obviously very good for the company itself, which has seen its stock price growth in the last few days. For us, the average folk, it means we will all be completely free to leave our homes after we take a shot. For the economy, it will probably result in much more going out to dinner, shopping at local shops, and big crowd events. Also, the tourism industry will most likely grow again, maybe not to its prior levels, but it will surely grow. A lot of people who used to travel a lot have not been able to, but when most countries get vaccinated the travel restrictions will be lift off and

How To Educate Your Kids Financial Wise: The 4 Basic Principles.

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     I recognize that teaching how our children should deal with money is controversial, as surely everyone agrees that it is essential, but at the same time, the way it should be done is not unanimous. Anyway, I believe that there are four basic principles that must be followed: Principle # 1 : Educate yourself financially You can't teach someone something you don't know. Learn as much as possible about budgeting, saving, investing, cutting expenses and managing debt. Principle # 2 : Be an example It is one thing for you to say what your children should do. However, if you are doing the opposite, they will certainly learn more through your actions than your words. To teach how to control spending, you also need to do the same. Guide them through good examples. Principle # 3 : Teach one habit at a time Your children will not become financial experts overnight ... Not even in a month ... or even in a year. Your goal should be to teach them these lessons throughout your childhoo

Wall Street Bets and Palantir.

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If you don't know what wall street bet is, I'll try to summarize it. Imagine a place with a bunch of people throwing the craziest type of ideas, and they all know it's crazy, yet many of them go and make it real. Well, that pretty much is wall street bets, this subreddit makes the most surreal type of financial decisions and post there so everyone can see their success and failure. Palantir is a pretty controversial company because of its work with some agencies of the U.S government, yet it's been working more with commercial companies. They work in big data analytics and still has not yet reported a profit.  Even before the company going public people at the WSB(wall street bets) community were already thinking about it and some of the reactions were people already thinking they should "buy buy buy" and go "all in". I'd say that pretty much is like what has happened after it's IPO. Its listing price started at $10 a share, and on the first

Incredible Tips To Travel Cheap.

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     I decided to put together some little tips of topics that you need to worry about to make that big trip, spending little and still enjoying a lot.       So, from now on, I will talk about some important tips for you to make that trip of your dreams cheaper, and that fits within your budget. 1 - Priority      The first point is the issue of priority. Why do I talk about it? Because I see a lot of people saying, "I really wanted to travel", "I wanted to travel like you" ... but, in fact, it does not prioritize this event. Whether because it is not that important, or because of excessive consumerism, most people fail to prioritize the trip or fail to see the great value that exists in the experiences. I see people who have credit card expenses of 400, 500, 1000 dollars (or even more than that) complaining that they can't travel, that traveling is expensive, that they can't plan for it. But they manage to plan to be paying a very high credit card bill. Oft

The Importance Of a Job Well Done.

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     A job well done is like "getting what you see right, and also achieving what you haven't seen". Nowadays, people are spending less and less time on jobs well done. Concentrated work, an activity that requires maximum concentration and minimum distractions, is something very scarce and, therefore, rare today. And the rarer it is, the more valued it tends to be. This is because people, society in general, are reducing their ability to focus, attention and concentration in the face of (a) excess information, which leads to distraction; and (b) the excess of inattention caused by the widespread addiction resulting from lights and screens that invite relaxation and the incessant search for novelties to appease the insatiable thirst of the brain for more dopamine.              When was the last time you were able to do something continuously for 50 consecutive minutes, without being interrupted by a cell phone notification, a phone call, someone calling you, or an inte

Democracy is in danger.

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       More than a week after people voted and President Donald Trump has not yet conceded the election and still claims that he won. There is a 6 million vote gap between President-elect Joe Biden and President Trump and also Biden has 306 electoral-colleges votes, versus Trump's 232, making it very obvious who won it.      However, President Trump still has not acted as every President elected in a democratic country and conceded the election. This is a danger to democracy in America and abroad, with many other countries that see America as a beacon of democratic values.     The worst of it all is to watch so many republican officials play along with this, making everything even worse. It's time to tell him he needs to stop, this is not how democracies work. Trying to win an election with lawsuits without evidence makes us all look bad, exposing how low our democratic values have been disregarded as the norm and instead uncovering that for some politicians power is the only t

Why is money taboo ?

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     Why is money such a touchy subject to talk about? I believe it's most likely because of the judgment we believe we will receive for talking about it, but this shouldn't stop us.     Money is a taboo subject in every relationship we have, let it be friends, parents and there are even some romantic relationships that just talk about finances way down the road. It's understandable that people feel shy or embarrassed about comparing finances, since if anyone talks about how much they make the other person will most likely compare it to themselves.      Talking about money might be a super interesting way to learn a bunch about finances, it's always good to know good and reasonable financial advice so that you can learn from other people's mistakes.      Comparing the finances might be something that freaks some people out, but there is one thing that may make them be completely horrified is to talk about debt. Debt is such a forbidden topic that a lot of parents hi

Tips To Not Lose Money in The Current Crisis!

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     The coronavirus crisis is here, impacting many lives. There are reasons for much concern and care, respecting the others and avoiding the proliferation of the virus, but is also very important to avoid the despair. The personal finances are in risky but with organization and care we will get through this crisis. Continue reading this article to know the best way to deal with this difficult situation.      Create Stocks - Many people have already gone out to buy all the stocks of goods, even useless ones. Just be careful to don't end up buying unnecessary things driven by fake news. Don't forget to always search for the real information.      Home office or quarantine - working or being isolated at home does not mean savings, often this can result in more expenses, as people go to the fridge all the time to eat something.There are also expenses with energy, internet and others that will have greater consumption . It's time to make a good financial plan to avoid losing m

5 GREAT GIG ECONOMY APPS TO MAKE SOME EXTRA CASH!

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 Everyone knows that gig economy apps are becoming more and more common. Almost everyone has at least one app on their phone, so here we are going to present you with a list of five gig apps so that you can make some extra bucks. 1-Uber It's known by everyone that uber is one of the best ways to make money in this gig economy. As long as you have a car, driver's license, phone, and an internet connection, you are set to go. Another good thing is that you can choose your own schedule, so you can choose when it's the best time for you to work. 2-Rover If you love dogs you should download this app. This is an app that allows you to connect dog walkers/dot sitters with dog owners. You can set up your prices and wait for a client that matches their interests. Besides being a nice way to make money, it's also great to exercise. 3-Uber Eats Here your pay won't be great, but what will make it worth it are the tips you are going to receive. Besides that, one great thing abou

A Few Tips To Learn How To Deal With Overdue Bills.

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      Your main supplier's invoice dropped on the 10th. It's already the 15th and you still haven't paid it? There is also the water and electricity from last month to pay. What do you do now? How to get out of this complicated situation? Dealing with overdue bills can be a real puzzle for some people but don`t worry, with this few tips you will handle this problem like a profissional. 1- Know your expenses and incomes.     One of the biggest reasons for people to have overdue bills is the lack of control over incomes and expenses, wich can lead to a big debt. If this is your case, the first step to get out of this situation is to bring your budget to date in order to have a clear view of the situation. 2- Prioritize the essential.     Running out of light is worse than running out of water. Make a list of all overdue bills that you have, establish a rank of the most important ones and wich ones can be postponed for a little while. 3- Cut the superfluos.     It is very comm

Your credit card is not a monster.

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 A lot of financial advisers tells everyone they should get rid of their credit cards and that credit card is bad things. I'm here to show you that this is not something that binary. You should not cut it in half and throw it away as far as you can. Like with most things in life, making a credit card useful depends solely on the credit card's owner. If the person wants to spend much more than they can pay buying things that will probably be not useful, it's their choice, but why should responsible people not use a credit card? There is no reason not to. Most credit card companies in America doesn't charge you anything, they will most likely pay you rewards for using them. Besides being much safer and faster simply using your credit card, you will most likely receive rewards solely for using it. A lot of companies like to offer miles, cash back on purchases and there are some brands that you will even be able to receive some nice discounts on insurance. Besides that, all

5 GREAT Tips To Boost Your Sales!

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      The competition is growing in the business world, regardless the market you are in, increasing the need to seeker greater differentials comparing to other people. Knowing how to sell well in this scenario is crucial. According to many specialists, the first step is to like what you do. Therefore, in addition to being focused and motivated, you must surround yourself with others who also think like that to have a better result.  1- Do a Good Research.     You need to research before you dive in and bet all your savings. Check the market, the competition, the geographically map, your business location and where your potential customers are to avoid problems in the future. 2- Don't Be Just One More in The Market.     Be very clear about what your big and true differential will be. Always try to be original and creative, entering the market to be just one more of the same can be a big mistake.  3- Offer The Fundamental.     According to data from Nielsen, three factors in adition

How to make money as a teenager.

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 Everyone who was/is a teenager has thought once about how to make money. Nowadays there are a bunch of different ways to make money as a teenager and I'll try to give you some tips. 1-Tutoring If you are really good at a subject you should try helping out other kids and be rewarded by that. You could either try tutoring people of your own class or even younger ones, since you will most likely have a more comprehensive understanding of the subject.  2 - Dog walking If you like dogs this can be an awesome way to make some money. You will be greeted by loving dogs and do an overall pretty easy job, since you will just walk. Besides all the loving and cash you will be getting from the dogs, it's also a pretty nice way to exercise. 3-Sell photos online Everyone has a phone and most phones have a pretty decent camera, so you should just use it. Take photos of things you find interesting and believes someone would be interested to buy and put it up on some stock photos site and every

5 Business Ideas To Start With Little Investment.

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      Entepreunership is not an easy task, especially when you have little capital to invest in this endeavor. Even so, it is not mandatory to have a lot of money to open a business: some business ideas work very well in a more economical way.     It is worth remembering that, before starting a business, it is important to know the challenges and see both success and failure stories about it. Also, look for ideas that fit in your pocket and learn to live with little, don`t create false expectations that your business will sustain you in the first months of operation. This takes time, so patience is key. 1- Technology applications     If you have knowledge of technology (or is interested to learn more about), developing applications based on it can generate a good start for a business without the need to invest a lot of money in it. 2- E-commerce     When it comes to business with little initial investment, most people immediately think about opening a virtual store. Even though the mon

Is it possible to become rich with a low income?

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A lot of people don't seem to believe that it is possible to become rich with a lower income. Indeed it is much harder, but it's not impossible and I'm going to prove that to you. The idea of being rich is something that people in the past didn't use to have, our ancestors cared about eating, surviving a cold with winter, and not being killed while they hunt something to eat later, and if they could do that they would be ok. It's very important that we comprehend that being rich is a modern situation(for the ones that are not on nobility) derived from capitalism and the possibility of wealth accumulation and social mobility.  1-Have a budget With a budget plan, it's very likely everyone can become richer, it's very likely that if you save enough and for long enough in smart investments, you will probably be a next-door millionaire. Some people don't seem to understand that compound interest rates make incredible things to the numbers and you don't ne

Money is Time: The Truth That Just a Few Know.

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     We all understand the meaning of the term "time is money". Whenever we waste money, we lose the opportunity to use it to do something that has value to us. However, even if little is said about it,the opposite is also true: Money is time . This perception can show the great contribution of money to achieve happiness. . Why do we work to make money?      What would be the main objective of our work? The answer is very simple: Make money to support ourselves. Each of us needs some certain amount of things to live. We are forced to produce, in a directly or indirectly way, what we need to survive.     The easier this process is, in addition to requiring less effort and energy, the better. That way you will have more free time to devote to more enjoyable activities.      The more you have produced so far ( in other words, the more wealth you have accumulated ), the less you will have to produce in the future. Besides, the more productive you are, the more rewarding this job

5 habits of successful and wealthy people.

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As said in a previous post , where we talked about how bad habits can make you financially poor, everyone has its own habits. Some people have an extreme frugal personality and don't care at all about material objects, some others love spending everything they have and sometimes even getting a loan to buy something. And although everyone has the freedom to expend their money the way they want, those extreme spenders should get in mind that this lifestyle can not maintain itself forever and unless they make some changes they are going to be some of those sad cases of older people struggling in retirement. So, without further ado: What are the habits of the rich? 1- Most rich people don't show off. Even though we are all used to seeing some extremely rich people having an extremely lavish lifestyle in social media people should understand first that this is their brand, they sell luxury to us normal people and we must also understand that they are a small portion of the rich peop

5 Easy Ways To Pay Off Your Debts Quickly!

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     The lack of financial planning is a major to the high indebtedness rate in many countries. The difficulty of controlling the budget makes people access credits with high-interest rates and they will have to face the consequences of this act soon or later.      If you don't know how to get free of your debts, consider yourself with luck because you just came to the right place. Having debts is something that prevents you from making your so wanted dreams come true but there is no need to feel ashamed about it, everyone goes through difficult times. However, to resolve your financial situation quickly, you need a solid and well-made action plan. Don't worry, I'm going to try my best to help you develop this so needed plan. 1- Make An Accurate Diagnosis Of The Real Situation.      To know how to get out of debt quickly, it is important to make a diagnosis to understand your real situation. Put on paper all of it, how much you owe and to whom, including the amounts of the

5 Easy steps to save 10000 dollars!

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     How many things can you do with 10,000 dollars? Well, there are a lot of things you could do with 10,000 dollars, you could travel to Europe and visit all the famous places, buy a motorcycle, and feel good about yourself with your new acquisition or just spend it all shopping . So I'd like to ask, do you have 10,000 dollars to make these things? If not, rest assured because I'm going to try my best to give you great money-saving tips. 1- Set up a goal for your 10,000 dollars and always remember this is why you are saving for. Whether your goal is to buy art, renovate your kitchen, save up for retirement or just make an incredible party, place a goal and remember it, this will help you keep motivated towards achieving this goal because you will have a reason for what you are going to with the money, it's not going to be just another money in your bank account that simply sits there. 2- Pretend as you are paying a bill. I know paying bills isn't fun, but you do it an