Gold is the ultimate value of any currency capital. Governments, companies and individuals leverage on gold for their capital and liquid cash investments against possible financial collapses and currency crushes. In the yesteryears gold used to be an exclusive preserve of the few "haves" but nowadays the proliferation of knowledge has opened up many doorways for ordinary people to invest in gold.
Ordinary people can invest in gold. Even though many doorways have been opened to enable people to access this precious metal, gold is still a closely guarded metal. Some countries have opted for gold as their currency for making international payments. Various economies around the globe are well known in gold production and exportation. No (Read More....)
The Federal Open Market Committee met on Tuesday and Wednesday. The masses waited with anticipation. What did they talk about?
Generally, they talked about price controls. More exactly, they talked about controlling the price of the economy’s most important and fundamental element…its money. By controlling the price of money they can influence the price of every single good and service there is.
Some believe this is for the good of the people. That it will somehow boost consumption and stimulate demand. That it will create a new hiring boom. We have our reservations.
When it comes to the Fed, they believe – or at least pretend to believe – that with just the right policy mix the economy will be restored to glory. But what’s the right mix…and how can a handful of bureaucrats with a handful of charts ever know what it is?
Bridging loans are quite a lifesaver when it comes to real estate and property settlement. They are also ideal when it comes to closing deals and avoiding foreclosures. A bridging loan is money obtained from a financier within a period of 2 weeks to 2 years for the purposes of financing and existing financing. The bridging loans will need more incentive and are more expensive than the normal loans. The reason for this is that they are much more risky for the financing party. This is because of the time period and the skipping of bureaucracy. Bridging loans are offered by banks and other financial institutions for the purpose of helping investors and property owners with the processes of acquiring investments and more property where time is of essence. There are short term bridging loans and long term bridging loans. The type of loans is dependent on the amount being given and the period the property has before handing over. There are various benefits of using bridging loans to finance properties.
Around 10 minutes in- One Lady has bought so many clothes and shoes that what once bought her happyness, has ruined her daughters childhood
Guest PostJessica Greenberg
As a kid, I grew up in a traditional house. My parents were devout Christians, so I got the usual Christian upbringing together with my siblings. Life back then was fun, since I was still just a kid and did not have to worry about not having food, clothing and our basic needs. Ignorance is bliss, what can I say. However, as I got older, I slowly realized that life is actually boring and filled with problems. Whenever I asked my Mom and Dad as to why a couple of street children are running happily along the road, despite looking ragged and dirty, they'd smile and tell me that they're still happy because they're together.
Then I'd ask "How come? They don't have any good clothes and they don't eat that much. They don't have any money. So why are they still happy?"
My Dad would say "Well, that's because money can't buy happiness." along with a smile.
So there goes my teenage years. After years of studying for college and graduating, I finally landed a job and started (Read More....)
Debt is something that an increasing number of us have. It used to be that to be in debt was a bad thing that you didn’t let happen to you, there was a stigma attached to it. Now, however, debt has become socially acceptable, as so many people are in it.
Of course, some debts are sensible – such as having a mortgage. The practical reality is that few of us could afford to buy a house without a mortgage, and by having a mortgage you can gradually pay it off and end up with a property that is all yours.
The other kind of debt is the debt you want to avoid. The more credit cards you have in your wallet, the more there is the temptation to buy today, pay back some time in the future. And of course, the credit card companies and stores that offer us cards make it very easy for us to go down this route. The hard part is paying it back.
If you find that you are not meeting your monthly payments to creditors, then the situation can worsen very quickly. The interest that you owe adds up every month, and the total that you owe spirals away out of control, so you begin to feel like you’ll never catch up and get on top (Read More....)
Considering the state of the economy nowadays, it is not that easy to save money. You have to budget your monthly salary to pay for the bills and purchase basic household needs. But what if you come across an emergency? With your budget already stretched thin, where are you going to get funds for such a situation? Listed below are doable and stress-free tips to save money:
Be debt-free – It would be very challenging for you to move forward if you need to settle multiple debts. If you do have multiple debts, there are financial institutions that consolidate debts. Look for the one nearest you, and inquire. This way, it is easier to pay technically one debt than pay debts all over the place. Try to pay sooner, as this will give you a lower interest rate.
Set a specific amount for your savings and a corresponding timeframe – This will be suited for both long and short-term goals. You need to know your target amount of savings and how much time you need to save that much. Remember that the (Read More....)
It’s always important to have a little extra money lying around your house in case of emergencies. Whether you’re facing an emergency or are simply in a hurry and don’t have time to stop by the ATM, having extra cash stashed around your home can save you a lot of stress and hassle. If you have expensive jewelry or precious metals lying around, you’ll need a place to keep small expensive items safe from thieves. Having a safe place in your home to hide cash and valuables is vital for protecting your assets. Here are a few places to stash things in your home that thieves will likely not think to look.
When thieves loot a home, they’re looking to get in and out fast to avoid detection. So naturally, the kitchen is not the first place a thief would look, making it a great place to hide valuables. The freezer is a great place to keep a little extra cash, but some thieves do check there, so make sure it’s well disguised. Place your cash in a zip lock bag, then wrap it with aluminum foil and place it in the back of the freezer with a label on it to avoid detection. If you’re looking (Read More....)