Compare the Market to Avoid Overpaying

“It is easy to pay too much in fees and interest rates for home loans. Those with a damaged credit history may feel it is worth accepting the first offer. That would More »

Here’s the Deal with Bank Accounts Rewards. Are They Worth the Monthly Fee?

Are you checking out some different banking options? Understandably, you want to ensure you research the best current accounts offering rewards. However, you also see that you need to pay a monthly More »

Being financially prepared for university

Going away to university can be a tough experience. For most students, this is the first time they are leaving home. This new found independence is a heady feeling. You are no More »

Looking for help when starting a new business

Starting your own business can be challenging and rewarding at the same time. The thought of being your own boss and making your own business and career decisions can be empowering. In More »

Working With Coupons Is Easier Than You Think! – Part 2

A great coupon idea is stockpile particular items you are going to eventually use while you have coupons for them. You might not be tempted to buy in such a large quantity, More »


Compare the Market to Avoid Overpaying


“It is easy to pay too much in fees and interest rates for home loans. Those with a damaged credit history may feel it is worth accepting the first offer. That would be wrong because good online lenders are willing to listen to good applications and respond with competitive quotations. ”
There is legal protection for people who are looking for real estate finance. If you are looking to refinance or want an installment loan based upon the equity you hold in that home, the Home Ownership and Equity Protection Act (HOEPA) identifies practices by unscrupulous companies that are acting unfairly or trying to deceive. One of the first principles when looking for finance is to talk to a company that has built up a reputation and is committed to providing a good service.


* For others the Act requires compliance with a number of principles if:
* Your original mortgage’s APR is more than 8% points above rates on Treasury securities over a comparable term.
* The second mortgage is more than 10% above those securities
* The fees chargeable exceed as specific figure or a specific percentage of the total loan.
* The Act requires disclosures by the lender three days in advance of closing on the loan:
* Written notice must state that the loan need not be finalized even though the agreement has been signed.
* Written notice of the consequences of default.

The detail of APR, monthly payments while if the rate is variable an explanation of the consequences of the APR changing.
For payments over a year in term, there are limits on the lump sum that can be required to finally pay off the principal. This is one of a series of features that are banned and it is essential for anyone seeking finance to understand those features or seek advice from someone able to explain the situation. There is an expectation that borrowers will behave ethically of course.

The real estate market has stabilized. For a time it was difficult to value property and hence to identify the collateral in a house. It is easier now but there is a condition of lending that aims to avoid the toxic debt that led to Collateralize Debt Obligation Crisis when affordability was often ignored by lender and borrower. Their logic was that growth minimized any risk. Today lenders must take into account whether a borrower can afford the installments even if there is significant equity in the property.


Borrowers have rights that they can exercise if they feel they have been deceived in any way. You can get compensation and costs but it is so much better to think about your financial situation in the first place. You should do your research from the start.

Today’s online lenders are different from the traditional members of the financial sector. Traditional institutions often reject an application for finance on credit score alone. That is no reason for anyone to be driven towards companies that are feeding off the desperation of people in need of help. If you have a regular income and are realistic in your financial requests you are likely to be approved for a loan by online lenders. They look at affordability as their primary way to approve an application. Anyone that looks capable of paying back a loan over the term should get approval, and quickly.

There are acts such as HOEPA to protect innocent people from unscrupulous companies but surely it is so much better to minimize the chances of facing problems in the first place? That means dealing with financial companies that have demonstrated their integrity time and again.

Top tips for buying a home with your significant other

couple having fun

Moving home can be a stressful time for many. Buying a home even more so. Getting on the housing ladder is the number one goal in the path to happiness, it adds security and a sense of well-being and lays the foundation to complete other life goals such as starting a family. However, with so many important and often complicated processes and hoops to jump through when getting a mortgage it can seem daunting. It doesn’t have to be like that. The excellent infographic below, recently created by Experian, lays down some important considerations when buying a home with a partner.



9 Tips for Buying a Home with a Partner by Experian at


Helpful Advice You Should Read About Debt Consolidation


Debt consolidation can be a good way to improve your financial situation and get out of debt for good. Debt can become overwhelming and cause many people to worry about their future. Knowing how you can consolidate it can open many roads for you. Read this article for excellent information on debt consolidation.

Before starting any debt consolidation program study your credit report. They can help you understand the depth of your financial problems and reveal patterns to help you see where you went wrong. Learn from your financial mistakes so that you do not make them again.

Make sure that your debt consolidation firm will help you with long-term finances. Make sure that they can help you tackle your current issues and those that may arise in the future. Some organizations offer services to help you avoid financial problems in the future.

Just because a debt consolidation is non-profit does not mean it is your best option. It is a common misconception that this label indicates a firm is a step above the rest. A good way to verify the reputation of a business is to consult with the BBB.

You can get out of debt using a life insurance policy. Cashing out your policy can help you eliminate some of your debt. Find out just how much money you will be able to receive against your policy. Sometimes, you can use some of your payments into that policy to pay off debt.

Let your creditors know if you are working with credit counselors or a debt consolidation firm. They may be willing to discuss alternative arrangements with you. This is essential, since they would otherwise be unaware of the steps you are taking. Just having an intention to get things straight goes a long way with a lot of companies.

What caused you to go into debt? You don’t need to run into this again five years down the road. Dig deep down to determine what caused your debt to prevent it from occurring again.

Try to avoid scams at all costs when choosing a debt consolidation program. If something appears too good to be true, then it is most likely exactly that. Make sure to ask tons of questions of your lender and get answers prior to entering into any agreements.

When you are considering debt consolidation, decide which debts should be consolidated and which should not. It makes no sense to switch balances from a charge card that doesn’t charge interest to one that has a high interest rate. Look at each of your loans and then make a decision.

You may be able to get a loan from a loved one if you can’t get one from elsewhere. If they agree, make sure that you tell them when and how you will be paying them back. If you have a set date to repay the money, make sure that you pay them. It is a bad idea to ruin a personal relationship if you can avoid it.

Getting your debt in check can help many aspects of your life. It’s possible you’re being harassed by all sorts of creditors that you can’t pay back. A lot of the time you can use debt consolidation to get out of these situations. Be smart about the way you approach debt consolidation and use all that you have learned from this article.

Tips for going into the property market with a budget


If you want to get involved in the property market and your finances are limited, you may wonder if you can realistically compete, but in fact most property investors started small, and you’ll be surprised by the deals you can get if you have a decent deposit. The trick is knowing where to look and being ready to put in some hard work to turn the place you buy into something you can rent out for a good amount or sell at a comfortable profit.

Take your time when you’re buying to let, you have a big advantage over most other buyers – you’re not operating on a tight schedule, needing to find somewhere to move to before your current home belongs to someone else. Don’t rush into buying the first thing you see – take as long as you can get away with and wait until you spot a good deal. Great places at low prices do come up, and if you’re ready to pounce when they do, you can get a lot more for your money.

Consider different mortgage deals – There are many different types of mortgage deal out there, including ones specially designed to help first time buy to let buyers. Make sure the deal you get doesn’t restrict your ability to sell at the point where you may wish to do so. If you want to sell, you should be aiming to make back your original deposit plus the value of any mortgage payments made, plus the cost of any work you do, plus 20%. If you rent the property, you should have a margin of 20% on top of your mortgage payments.

Find a good estate agent – A good estate agent can help you a great deal by assisting you in finding appropriate properties and giving you advice about getting the right mortgage, home insurance deal, etc. Belvoir Lincoln, for instance, can help you all the way through from searching for a property to getting it ready for the rental market. They can also help you to manage your tenants and arrange safety inspections to ensure that the property stays in good condition.

Look for a fixer-upper – Most landlords find properties in one of two ways: by looking for sellers who need to dispose of them quickly or by picking up places that have already been foreclosed on. Many properties like this are in poor condition, so it’s important to do your research and have an understanding of what it costs to fix different types of damage – everything from a simple paint job to fitting a new heating system. This will enable you to determine how good a deal really is. Once you’ve developed skills like this, you’ll be able to put them to use in other ways as well.

The next time your family is ready to move, you’ll be able to find a better deal at a lower price, and your business experience will help you to get a good financing deal. You’ll also have the option of buying further investment properties in the long term and watching your property business grow.

Here’s the Deal with Bank Accounts Rewards. Are They Worth the Monthly Fee?


Are you checking out some different banking options? Understandably, you want to ensure you research the best current accounts offering rewards. However, you also see that you need to pay a monthly fee to maintain these accounts, and you want to know if it’s worth it. The answer to that question depends upon a variety of factors.

How You Get the Rewards
You must consider what you need to do in order to procure the rewards to decide if it is worth your while. For example, maybe you need to make a certain number of transactions each month or keep a certain balance in your account. Decide if those terms are reasonable for you. If you feel that it is unlikely that you’re even going to have the ability to get the rewards in the first place, then the fee won’t be worth it for you.

Amount of Rewards vs. the Fee
You also need to take a look at how many rewards you could possibly get in a month in comparison to what the monthly fee is. When the fee is going to cost you more than you’ll ever get in rewards, then it doesn’t make sense to maintain that type of account. Furthermore, if you decide to sign up for the bank account, ask if you can switch to a different one if this program doesn’t work for you. After a few months of using the program, you may determine that the rewards are nominal and that you would rather have the cash in your account.

The Type of Rewards
Another way to determine if the rewards are worth it is to see exactly what they are. For example, if you earn petrol points or airline ticket points when you use your account but you rarely travel and don’t drive, then it does not make sense to sign up for the program. On the other hand, if you are earning more in rewards than you spend on the monthly fee, keeping this type of account open can prove smart in the long term.

No one answer exists as to whether or not a bank account with rewards and a monthly fee is worth it. The answer depends heavily on the type of account and whether or not it will work for your financial situation. Make a comparison to help you get to make the right decision.

Get Your Personal Finance In Good Shape With This Excellent Advice


Many people get depressed or even commit suicide over financial problems. Don’t let your finances depress you. There are some very easy tips that you can use to help with your current finances and save some money. Continue ahead, and get educated on making your financial situation much better.

It’s important for your broker to be someone you can rely on. Check their references and get a feel if they are being honest with you. You also need to be armed with a decent level of knowledge.

Don’t sell if the time is not right for you. If you see that the earnings potential for a stock is there, refrain from selling for a short time. Instead, look at stocks that are doing worse and determine whether you want to move them around.

Make sure you chose eateries that a local person would when you are traveling, so as to save costs. The restaurants in hotels and tourist areas have “tourist trap pricing,” which can be substantially higher than what locals pay. With this in mind, eat where the locals eat! This way, you can find good food at affordable prices.

To make your financial life better, don’t pay full price. Saving with coupons should be more important to you than brand loyalty. If you usually buy one brand of dish soap and can save money with a coupon on another brand, go with the one that is cheaper.

Patience can be beneficial when it comes to personal finances. It is not unusual for individuals to immediately purchase the newest electronic products as soon as they hit the market. However, if you take a step back and wait for a bit, the price will likely drop. This will leave extra cash in your wallet to spend on other purchases.

The largest purchases that you will probably ever make in your lifetime are your home and vehicle. It is important to set a large portion of cash aside for these expenses. You can pay these items faster simply with an additional payment every year, or you could make use of your tax refunds for paying the balance.

Your credit score might even go down as you work to increase it. A drop in your credit score does not mean you have done something wrong. As long as you continue to act responsibly, it will be reflected in your credit report. Your score will improve eventually.

If you are married, you should have the spouse with the best credit apply for loans. If your credit is poor, build it back up with a new credit card account that you use and pay off each month. When you and your spouse both have high credit, it will be possible to get two loans so the debt is distributed.

Life should go back to being great once you figure out your money situation. You need a few starting points on how to improve your individual financial situation. Share what you’ve learned here with a friend!

Making Money As A Day Trader


In the past, making enough money from home to live on was nearly unheard of. However, these days, it’s becoming a more popular concept. The reality is that through technological advances, the concept of making your living from the comfort of your own home has become more attainable. One of the best ways to do so is through day trading. Today, we’ll talk about what day trading is, what vehicles you can use for day trading, and a few strategies that can help you become a profitable day trader.

What Is Day Trading
Day trading is a form of investing. However, as the name would suggest, the ultimate goal is to earn a profit over the course of a day instead of letting money sit around for months, years, or even decades. Therefore, day traders focus on high return investment vehicles (we’ll give examples below) as well as what is known as momentum stocks; or stocks that are likely to move more than 10% in a single day. Day Trading Vehicles There are several different day trading vehicles available these days.

The most commonly used are…
Binary Options – Binary options are by far the easiest to understand in terms of day trading vehicles. With binary options, investors aren’t purchasing stocks, commodities, or currencies. As a matter of fact, no assets or portions of assets are purchased at all. Instead, binary options traders make predictions with regard to the direction the values of assets are likely to move. If the predictions are correct, binary options traders have the potential to earn up to 80% returns on their investments. Adversely, if predictions are incorrect, the traders walk away with a loss. Because of the simplicity involved in trading and overwhelmingly high returns associated with binary options, this is the number one investment vehicle among day traders.

Forex – Forex trading is the process of trading currencies. Since currencies are the highest demand assets in the world, we tend to see quite a bit of fluctuation in the foreign exchange market; leading to several opportunities on a daily basis. However, it’s also important to remember that the high volatility in the forex market also makes it a relatively risky place to be. So, if you plan on giving this trading vehicle a shot, it’s important to do your research first!

Momentum Stocks – Finally,  momentum stocks are incredibly popular among day traders. Momentum stocks are stocks that are likely to make big moves in the market over a short period of time. This generally happens after the release of earnings reports, product launches, or appointments of new managing members. Because stocks tend to move at a slower rate, momentum stock opportunities can be difficult to find. However, there’s a science to do so; and if you get that science down, it can prove to be an incredibly lucrative endeavor. Day Trading Strategies There are several strategies that day traders employ in order to become profitable. Some of my favorite strategies include…

Binary Options Strategies Correlation Strategy – The correlation strategy takes into account the fact that many assets have positive or negative correlations; meaning that they move in tandem or against each other respectively. By taking advantage of the correlation strategy in binary options, traders have the ability to make multiple trades around a single event; ultimately increasing their potential profit. Support & Resistance –

The support and resistance strategy is a technical trading strategy that’s based on trend lines. Essentially, the point at which an asset’s price reaches the floor and shoots back up is known as support. The point at which an asset’s price hits the ceiling and starts to fall is known as resistance. Therefore, by making a prediction that an asset is likely to climb after reach support or fall after reach resistance, the binary options trader has an advantage when making trades.

Forex Trading Strategies Spread Betting – Spread betting is a process that involves making a bet on the price movement of currency pairs. Essentially a spread is the difference between the bid and the ask price. When spread betting, traders make predictions as to whether or not the currency pair will fall lower than the bid price or higher than the ask price. In this particular case, traders do not actually own the currency or currencies involved.

Mirror Trading – Mirror trading is a very simple strategy in which traders make trades that mirror the moves of successful forex traders. Momentum Trading Strategies Trading With The News – This is the best strategy to use when momentum trading.

Trading with the news is the process of using economic calendars to pinpoint when events that are likely to make big moves in the market are going to happen. Once events are spotted, traders make sure that they are available when the news breaks to take advantage of the resulting momentous movement. Final Thoughts While making enough money from home may seem like it is far out of reach, many people are surprised out how attainable the goal actually is. So, if your dream is to work from home, stop dreaming and start doing with day trading!

Being financially prepared for university


Going away to university can be a tough experience. For most students, this is the first time they are leaving home. This new found independence is a heady feeling. You are no longer dependent on your parents and you can make your own decisions. One of the big challenges you are sure to experience has to do with money. You will have to learn how to manage all your cash and how to stretch it to cater for all your needs.

Although making your funds last until the end of the term can be tough, a few changes you make in your university life can go a long way towards helping you achieve this goal. Before going off to university, there are some things you can do to ensure you have some level of financial stability when you finally report. First of all, you need to carefully consider what the university has to offer and whether you can afford all that will be required. At the same time, you need to start thinking about any internship programs that can add value to your course. Some, such as the EUSA Academic Internship Programs, are designed to cater for different fields of study and offer placements all across Europe. This program allows you to immerse yourself in new professional and social cultures and gives you the chance to expand on experiences outside the classroom. Additionally, you need to get a student account that offers numerous perks for students.

There are a number of these available, so make sure you shop around for a suitable account that meets your needs. You should also look into applying for a student loan to give you enough funds to cover your costs as you pursue your education. Once you report at the university, you need to hone your budgeting skills in order to make the most of the money you have. For instance, instead of purchasing new course materials, you can save cash by buying second hand books. You can make some money by selling them once you are done with them. Another way you can save cash is by going into cheaper accommodation. Perhaps you can share accommodation with a roommate or a group of your friends. This way, you can all share rent and other utility costs. You will also need to factor in travel costs once you are in the university.

Applying for a student travel card is one of the best ways to manage or reduce the costs of getting around. As a cardholder, you may be entitled to discounts or subsidised fares on some routes. When it comes to shopping for food, clothes and toiletries, it is always a good idea to take advantage of coupons, special offers and value brands. Some shops and stores also give great student discounts, so learn to make the most of them. You might find managing your money while at university trickier than you thought it would be. Take heart and remember that with a good plan and budget, you will be able to live quite comfortably.

Looking for help when starting a new business


Starting your own business can be challenging and rewarding at the same time. The thought of being your own boss and making your own business and career decisions can be empowering. In order to make the most of it and build up a successful business from scratch, you will need to learn a variety of skills. You are also likely to require some assistance.
Business requirements

You will need several things before starting your business. The first of these is a sound business plan to help you map out how you will start and run your business. The business plan acts as a roadmap to guide you in your new endeavour.

You will also need to decide on a location for your business. Select one that is customer-friendly, easily accessible, affordable and suitable for your needs. These days, thanks to the internet, you can start a business right in your home. If your business requires a physical location, ensure that you meet all the zoning laws and you have the requisite business licenses and permits.
Another thing to consider when developing a start-up is the legal structure. You have the option of making your business a sole proprietorship, partnership, limited liability company (LLC), corporation or cooperative. The choice is yours, but make sure you fully understand the legalities involved in each.

Additionally, if your business is big enough, you’ll need to hire staff. This presents new challenges and responsibilities. Luckily, you have the option of outsourcing several functions to freelancers and other contractors instead of hiring fulltime staff.

Finally, you need to consider how you will finance your business. There are several viable options ranging from venture capital and bank loans to government backed loans and grants. Alternatively, you can decide to draw funds from outside investments. If you decide on the latter, make sure you ask for advice from the experts. For instance, Charterhouse Capital Partners, buyout specialists, will be able to advise you on the best investment opportunities available.

Getting help
As you can see, an entrepreneur has plenty to think about and numerous decisions to make. It is therefore advisable to take full advantage of the many entrepreneurial training options available in your city or country. Find out where you can get training or mentorship from other experienced entrepreneurs in your chosen industry and take the necessary classes, either online or in person.
Furthermore, enrol for as many business seminars, workshops and retreats as possible in order to increase your knowledge in your area of specialization. These events also provide excellent opportunities for you to meet and network with other entrepreneurs, further helping you to promote, grow and improve your business.
Learning never stops for an entrepreneur. Always keep an open mind, ask questions and seek help whenever you need it. Entrepreneurship is exciting and there are countless opportunities for you to take advantage of. Remember that there are no shortcuts to hard work, but with the right mind-set and a lot of determination, you are sure to realise your dreams.

Great Auto Insurance Advice You Should Follow


You need to know as much as you can about auto insurance. It is important to know as much as possible so you will always make the right insurance decisions, ensuring you get the coverage that you need. The following tips will guide you to make better insurance decisions.

Try to get several quotes before deciding on insurance. Each insurance company will focus on different factors when deciding the cost to you. Use a quote comparison site to evaluate multiple companies at once and get a lower premium.

Certain vehicles are inherently more expensive to insure than others. You might have high class taste for luxury vehicles, but your insurance premiums are going to reflect that. If you want to save money on insurance, choose a safe, modest vehicle.

When you are shopping for car insurance, get multiple quotes. As you will find, insurance rates vary greatly by the company. You should look around for a new quote about once per year. Make sure all of the quotes you compare are based on similar amounts of coverage.

You are just insuring the car’s driver when getting an auto policy. Insurance companies rarely pay for accidents that occur when a friend or some other party is behind the wheel of the vehicle. If you do lend out your car, it is probably a good idea to purchase coverage for extra drivers, though this will cost you more money.

Avoid paying for your car insurance with a monthly bill. A monthly payment plan may cost you as much as five dollars a month above what you would pay with less-frequent payments. This may seem insignificant, but this can drain your wallet. In addition, it is more difficult to pay your bill in this manner when you add it to the rest of your monthly expenses. Less payments means more money.

Maintaining a good driving record is key to getting the best insurance premiums possible. A car accident will quickly increase your insurance premium. Be mindful of your limitations when you drive, and steer clear of situations can lead to accidents. If you have poor night-vision, then avoid driving at night.

Don’t be too price-sensitive when shopping for auto insurance. Such quotes may exclude extra charges or full coverage. That is why you need to do proper research and verify the company’s reputation, as well as the terms of the coverage you are buying.

Many times your insurance company can provide you with a list of discounts, so you can clearly see which ones you may be eligible for. You can save a lot of money once you total up all the discounts for which you are eligible.

Each insurance company follows its own set of procedures. Because insurance companies offer a broad array of policy prices, always solicit additional quotes if you do not like the first few you receive.

Get quotes from different insurance agencies before you decide on which one to get for your car. Odds are, you’ll have to spend some time looking, if you want to get a really great rate.

You may be able to get lower rates even if you are saddled with a bad driving record. Certain companies may lower your insurance if you take successfully complete driving classes. Some insurance corporations, including Progressive, have chip technology to follow your driving habits and establish a consistent level of responsibility. It’s possible to lower your rates by enabling this.

If you are looking for a low insurance premium, start by choosing the highest deductible. High deductibles protect you if your vehicle is totaled or if you are liable for accidents; however, it would still be your responsibility to repair damage from smaller accidents. High deductibles are preferable if you are insuring a car of low value.

Learn about the safety features of your vehicle to save some money on your insurance bill. Airbags and anti-lock brakes are the type of safety features that can reduce your premiums since they help you avoid major accident claims in the future. Whether your car is old or new specifically list each safety feature. You may be surprised how much it can save you.

You can reduce your auto insurance policy premium by being a good driver. If you stay accident-free and avoid traffic violations, you may qualify for good-driver discounts. Having terrible driving habits can end up being very expensive. It works to your benefit to be a safe driver, not only physically but also financially.

Once someone in your home has auto insurance of their own, quickly take them off of your policy to avoid paying extra premiums. For instance, if you have a child that is living with you but buys their own insurance, save on your insurance by taking them off of your policy. If you reduce the amount of drivers on a policy, the premium will go down.

Another thing to check on is whether your coverage applies to a rental car. If the plan you have now does not cover the cost of a rental in the event that your main vehicle needs repair, it will be necessary to buy supplementary insurance. This extra insurance policy can cost up to $20 a day. This adds up, as many car repairs take days or weeks to be completed.

Ask about group auto insurance rates through your employer. There are some employers who work with insurance companies to get lower group rates. Some companies even offer increased discounts for employees with seniority. If they don’t have group plans, talk to them about adding one.

You should not rule out buying sports cars because of the misconception that they have higher premiums. In fact, only a few sports cars have high premiums. It’s worth calling your insurance agent to discover the premiums on the cars you are interested in.

Hopefully, this article gave you enough information to help you make the best auto insurance decisions. More knowledge can only lead to making better decisions. You can also give these tips out to help family and friends.