Revealed: You Need To Start Making International Investments!

When it comes to saving money and looking after your finances, investing is one of the best things you can do. Think of it as an unconventional savings account. You put some of your money away, and wait for it to grow over time. Pick the right investments, and you will have relatively low risks, meaning you don’t have to worry about losing your money. Plus, you can earn a lot more money from investments compared to traditional saving methods.

The question everyone wants to know is what investments are the best investments? There are loads of ways to answer this, but I’m going to look at things from a different perspective to usual. Instead of talking about specific types of investments, I want to talk about international ones. Mainly; you should be making them! This refers to any type of investment in which you purchase things from a different country to your own. Why is this such a good idea? Well, read on, and you’ll find out!

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Some International Investments Are Better Value For Money

We start things off with a very big point; you can get more value for your investments if they’re international. Of course, this doesn’t apply to every investment, but it does apply to a lot. You see, different countries operate in different financial markets. As such, the cost of different assets can be a lot less than the same assets are here. Not to mention the value of the currency compared to your primary currency, meaning you can get even more value when you buy overseas.

The best example of this is with foreign property investments. There are so many countries all over the world with excellent value on the property market. If you look at places like https://rumahdijual.com/jakarta-timur/perumahan-murah, you can see countries like Indonesia have a great value property market. Portugal is another great example, with lots of villas in the Algarve being popular tourist destinations and cheap to buy. All over the world, there are countries with affordable housing, while that might not be the case back home. Consequently, investing in property overseas can be cheaper, meaning you can make more money.

There Are Loads Of Foreign Investment Opportunities Out There

A lot of people live in this mindset where they’ll only invest in domestic things. Be it stocks, property, anything; they only invest in things from their country. Why? Because they don’t want to concern themselves with international investments and foreign markets. If you get to know your domestic markets, you feel comfortable there. Eventually, you get set in your ways and don’t want to change.

However, as mentioned in this article https://www.forbes.com/sites/forbesfinancecouncil/2017/05/22/, around about half of stock market investments are foreign. So, if you only look at your own market, you’re missing out on loads of opportunities. There could be stocks and shares in other countries that are exceptional investments, and you’re completely blind to them. To hammer this point home, even more, take a look at this piece here https://www.fool.com/investing/2017/01/20/t, it shows you some of the best foreign stocks to invest in. There are some real beauties there that can help grow a decent profit from not a lot of money. It’s amazing what’s out there when you open your eyes to different investment opportunities across the globe.

Earn Money When The Domestic Market Is Bad

Generally speaking, your investments rely on the economic outlook of certain countries. If you’re only got domestic ones, then you can be negatively affected when the economy is bad. We’ve all lived through hard times before, what with the stock market crash a decade or so ago. As it illustrates here https://www.investopedia.com/ask/answers/06/marketcrash.asp, when the stock market crashes, investments can drop considerably. You can go from earning 20% on something to 10% – or worse, your investment could crash completely, and you lose money. While there are some points talked about in this article http://www.wxinvest.com/investing-bad-economy-without.html, about investing in the bad market, it’s generally not a great thing to do. More often than not, you’ll lose money on existing investments and struggle to make any good ones.

However, if you have international investments, then what happens over here doesn’t trouble you as much. If the foreign economy is nice and stable – or maybe even thriving – then you’ll continue to earn a lot of money without any worries. Adding international investments to your portfolio gives you an additional layer of safety when things are bad domestically.

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Diversification Leads To More Success

If you talk to any financial advisor, they’ll tell you that the best way to make money from your investments is to be diverse. A lot of us take this to mean we need to invest in multiple different assets – which is still a good idea. This is why a lot of banks have investment funds where you deposit money, and they invest in loads of different things for you. The more options you have, the less likely it is you’ll fail and lose your money.

But, you shouldn’t just think about diversity in this sense. You also need to take the location of your investments into account! Financial experts say it’s unwise to keep all your money tied up in domestic investments. By spreading your earnings overseas, you can have a much more diverse portfolio. You take diversity to new levels, making it even harder for you to fail.

Potential Tax Benefits

Finally, we have tax to talk about. With some investments over here, you have to pay tax on your earnings. This means you miss out on some of the money you rightfully earned with a smart investment. It can be annoying as you might need that extra cash to go towards something you’re trying to save for.

When we look at international investments, we open our eyes to international tax laws. Different countries all have different laws regarding their tax system. You might invest in some countries and find you pay way less tax than you would back home. Or, in some cases, you pay no tax at all. This could help you save a little bit of money and get the true value out of your investments.

It’s been a bit of long article today, with a lot of financial information and terms thrown at you. In the end, I hope you’ve learnt a little bit about international investments and why they’re good for you. Ultimately, they help improve the existing benefits of investing your money. It’s a really smart way of taking your disposable income and using it practically. This is far better than spending it on material things and can be better than using a normal savings account when saving for the future.

If there are two things, I want you to take away from this piece it’s that you need to invest your money, and you need to diversify internationally. I strongly suggest you go to your local bank or look for a financial advisor online to help you out. Talk to them, and they’ll give you more advice on the best foreign assets to invest in and the best countries to think about. They can also help you make the right investments using the right amount of money to remain safe.

Finally, I hope you enjoyed the piece today, and if you’re interested to read more, then check out this article here http://www.meanmommymagic.com/2017/10/saving-money-when-you-have-kids-2/. It’s all about saving money when you have kids, which I’m sure many of you will find very helpful!

Be A Savvy Startup: Save Money From The Get-Go

Starting a business is not for the fainthearted. Whereas once you were an employee, earning a good wage with excellent career prospects, you were also caught up in the rat race and eager to escape your three-hour commute every day. Now you’re turning your passion into a fully fledged money-making enterprise, and you love every second of it. However, you also have your frugal wits about you and understand the need to save every penny possible when setting foot into the big wide world of entrepreneurship. Take a look at these ideas to save you cash from the get-go.

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Overheads

If you don’t need external premises yet, don’t waste your hard earned cash trying to locate an office space. If you can work from home, at least for the initial few months, you could be saving yourself thousands in rent. You could also save money on your Internet connection, electricity bill and lighting by charging a percentage of this to your business and splitting the cost effectively for tax purposes. You may need to look into your home insurance to make sure items are covered for business use, but the savings you make using your humble abode as a workspace rather than leasing somewhere else will still see you reaping the financial rewards.

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Get Your Sherlock On: Searching For Savvy Money Saving Solutions

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Sometimes, there’s no better feeling in life than the ability to save money and make the amount you do have to go that little extra mile. It can be tough to workout sometimes, but when you do find ways to cut back or get more, you can feel on top of the world. And with the cost of living forever increasing, this is something that every mom wants to do. Saving money is sexy – or at least it should be. But sometimes, it’s hard to know how to get started. If you want to be able to make savings where possible, then you need to know how to do it. So let’s take a look at some of the solutions you should always be searching for when you shop.

 

Clipping Coupons

Up first, you should always think about clipping coupons. There’s definitely a stigma around doing this, as if it suggests that you’re poor. But that’s not always the case, because you can definitely be more of a savvy shopper when you clip coupons. However, you have to be smart with them. Clipping coupons for things you don’t use can encourage you spend unnecessarily. So you need to make sure that you’re only collecting coupons that you’re going to use.

 

Getting Cashback

Whenever you shop online, you should think about using cashback websites. You’ll earn a certain percentage back on whatever you spend. Again, as long as you’re careful not to get sucked into buying things just to get the cashback, this can be a smart way to both save money and earn it in the long run. Because you’re going to get money back for things you were going to buy anyway – and what can be better than that? [Read more…]

So You Want To Start A Business? Save Money By Planning Ahead

If you’ve made up your mind to try and run your own business, then now is a pretty exciting time in your life. It’s easy to get carried away and start taking on more than you need to in the beginning though. And it’s even easier to lose track of everything that needs to be done to make sure your business can run smoothly. Fortunately, you’re a mommy, so you have all the skills you need to get going:

 

Business Premises

When you start a business, you might be thinking of working from home. The trouble is, not all businesses can be run this way. Chances are you need a dedicated workspace or formal business premises. This will need regular maintenance and cleaning. If you look at websites like www.alltex-plumbing.com, you’ll see that commercial servicing contracts can save you money and reduce the risk of big repair bills in the future. It’s worth getting all of your essential services in place. You’ll know what your ongoing costs are so you can budget effectively.

 

Employees

You might not want the cost of employees immediately. After all, it is a big commitment! Instead, you might ask friends and family to help. You still need to protect anybody on your premises or connected with your business. Make sure you follow local laws and regulations and have adequate insurance coverage. When you’re ready to start a formal recruitment process, plan your budget carefully. Make sure you can meet all the taxes and benefits that you will have to pay.

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Beautiful Bathrooms On A Budget

Bathrooms are the places where we often go to relax and unwind at the end of a long and hectic day. However, the downside to many bathrooms is the fact that they can be expensive to design, maintain, and run. That being said, just because bathrooms can be expensive places, that doesn’t mean that they have to be.

Do you wish that your bathroom could be a more luxurious space, without costing you too much more to run? Believe it or not, designing this kind of space doesn’t have to be a pipe dream, it’s just a case of understanding what steps you need to take to keep the cost low. For all the best tips and ideas for a less expensive bathroom that has a sense of luxury about it, read on.

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Revamp and reuse

It’s always better to revamp and reuse wherever possible, which is why instead of replacing older bathroom feature, such as your bath tub and your shower cubicle, it’s best to revamp and update them. After all, new features like these can be pretty pricey. So it’s always worth considering revamping and reusing. Whether this means having your bathtub and shower professionally redecorated or it means purchasing second-hand replacements and doing them up, it doesn’t matter. All that matters is that you are finding little ways to reduce the cost of upgrading your bathroom and making it look and feel more luxurious.

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Financial Lessons You Must Give To Your Young Adult Children

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As your children mature into adulthood, you will need to bestow upon them life lessons they can keep for the rest of their days. Of course, it’s not up to you to give them a complete manual to life, as it’s likely you’re not even in possession of one of those yourself. No one is. However, there are a number of things you can teach them which will make a difference, and make a difference well.

Let’s assume that their self-care and rational safety understanding is taken care of, and they are as wise in those fields as you are. Which could be considered the most important life lesson, or collection of lessons to give to your children as they become independent? Of course, it’s always about the finances. Your child will either experience an excellent and secure life or one defined by struggle one, dependant on how wise they are with the income that comes their way. For this reason, it’s essential to get the ball rolling from the offset and try to show them positive means of keeping their financial house in order.

 

Keep Them Credit Friendly

Credit cards and financing can be a positive way to help them acquire the things they want, while also improving their credit score substantially. Not only does it require a sound financial sense to keep up with the repayments though, but it takes a great emphasis on the importance of completing these requirements right to make sure your credit stays as a friend and not a foe. Use resources such as reviews.creditcard to know where to begin in the educational handbook. If you can, show them how a solid use of credit has benefited you in your efforts developing and maintaining a family home. Show them that with good financial sense, they too can find a property and a family to call their own.

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How To Dodge The Shocking Cost of Home Repairs

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At the center of family life, we rely on our homes as spaces of sanctuary, mental and physical comfort, and shelter from the elements. And we love to decorate and create welcoming family spaces. But just like owning a car, your home can also become a significant drain on finances. Once you own a house, all the responsibilities for the upkeep of the building and its systems are yours – and if things go wrong unexpectedly, the cost can be a huge shock. There are certain things to take account of when it comes to yearly maintenance. Scheduling these items in advance allows you to plan for costs, and when things are able to be serviced, it can stop minor issues from developing into major faults. Here’s what to look out for

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Chimney
An unseen space, fireplaces are often easy to forget about, but as they present a point of exposure in your home, regular maintenance is essential and having an annual clean scheduled can help to safeguard you again mold and damp entering the house, fire hazards and worse. This could potentially save you thousands in repairs to your home.  Fall is the ideal time to have an inspection and cleaning carried out. Using the same company each year will allow them to spot any small patterns and problem areas as well. Think of the little outlay as being an investment in the health of your home.

Carpet Cleaning
It’s a small thing, but in high-traffic areas especially, if you have invested in a carpet, it pays to schedule an annual cleaning, either by a professional company or by hiring a carpet cleaning machine to use at home. If you or your family have allergies, it can also help to ease symptoms by doing away with deeply-embedded bacteria and dirt. Cleaning is a fraction of the cost of having to replace carpeting, so it makes sense to take care of it.

HVAC systems
Where would you be if your heating or air conditioning systems suddenly broke down?It may be a good idea to identify a helpful local firm that does quick emergency call outs, such as Fahrenheit HVAC. But prevention is better than cure – all HVAC units need to be serviced at least once a year, and this ensures that you get the maximum lifespan out of the equipment too.

Roof repairs
They say that the quality of a home is only as sound as its roof, so make a yearly inspection of your roof part of the drill, as needing a replacement if it falls into disrepair can cost big.  The older the roof is, the more it will require these checks. Missing shingles need to be replaced quickly to prevent water damage taking hold, and any vents need to be sealed up. Taking preventative measures can add decades onto the lifespan of your roof.

Pest Control
Finally, pest control needs to be part of your planning too. Termites are the single biggest infestation to guard against. If they manage to take hold, they can destroy everything from drywall to priceless antique heirlooms – and by the time you’ve noticed the damage, it’s usually too late. A thorough inspection as part of your yearly rounds could prevent costly and irreversible damage.

Managing Your Family Finances: The Basics

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Managing a family takes a lot of effort. The hardest part? You’re often thrown in at the deep end with little or no advice on how to manage your finances. One of the main causes of stress for families is debt. Sinking into the red can result in all sorts of arguments and tensions and can often cause problems with being able to afford treats or perhaps even essentials (such as new uniforms, healthy packed lunches or hobbies) for your little ones. So, to avoid all of this, it’s time to take your finances into your own hands and tackle problems head-on. Here are a few ways to ensure that you always have a positive cash flow in your family home.

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Consolidate Your Debts

First things first, you want to deal with any current debt that you may have. Many of us will already have different debts behind us. One of the most common ones? Student debts. Of course, higher education is brilliant and opens all sorts of doors when it comes to careers and other opportunities. But more often than not they prove more difficult to pay off than you expected. Why? High-interest rates. Most people with student loans make regular payments, but these generally only cover the interest, so they are never really clearing any debt at all, making the debt perpetual. Save yourself interest by wisely consolidating your student loans with a company that will offer lower interest rates. For more information on this, take a look at https://consolidatestudent.loan/. This method works for other debts too. Perhaps you have multiple credit cards. You can make life much more simple for yourself by consolidating them by taking out one large loan, clearing your cards with the cash and paying everything back to one lender. This means you are less likely to miss repayment dates, incurring fines and late payment fees, as you will have one date a month to repay your dues. You may also be able to get a lower interest rate than those of your current cards combined.

 

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Budget

Once you are in a better place with your financial organization, you want to keep your head above water, rather than accumulating any more debt. A budget is one of the most simple and basic means of financial management, but it’s effective. Sit down with a pen and a piece of paper and note down your salary after tax. You can make your budget on a weekly, monthly or annual basis depending on what suits you best. Next, make a note of the cost of your essentials. This will cover things such as rent or mortgage repayments, bills and food shopping. Deduct the total of your essentials from your salary. The amount left is your disposable income. You now need to ensure that whatever you spend in the given time period doesn’t exceed this amount. If you find that you are spending more than your disposable income allows for, you’re digging yourself into debt. Start making cuts to luxuries. There are plenty of savvy ways to save on non-essential items. You can buy second hand and engage in more free or low-cost activities (such as trips to the park, visiting relatives or doing arts and crafts with recycled trash from around the house). This ensures that your little ones are still getting everything that they need and taking part in productive activities without breaking the bank.

By using these tried and tested methods, you will have a much easier time managing your family’s finances. This lifts the weight of financial stress from your shoulders and allows you to concentrate your time and effort on more enjoyable things.

The True Benefits Of Leasing Your Family Vehicle

Lots of families wonder if it’s better to lease or purchase their next vehicle. After the recent post claiming that owning a car is more expensive than most people imagine, it made sense to publish this as a follow-up. There is an info-graphic at the bottom of this page that should help to set the record straight if you still have concerns. The benefits of leasing include:

 

No need to stress about depreciation

If you buy a car, it loses value the moment you drive the vehicle away. When you lease an automobile, that depreciation doesn’t matter. You pay a flat rate every month and hand the car back when you’re finished. You can also swap and change cars at any time.

 

No need to worry about repairs

When you own a vehicle, you have to cover the cost of repairs. The same is not true if you opt for a leasing deal. The company you select will carry out all the repairs and any work the engine requires. So, you’re free to focus on living your life.

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Saving Money When You Have Kids

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Having a big family can make it feel impossible for you to save up money for anything. With shopping for food to feed the hoard, buying your kids new clothes when they get ripped outside, and treating your family to a cinema trip: there never seems to be any money left at the end of the month.

Luckily, there are a few genius ways that you can save up money for you and your family’s future.

Make Sure To Invest In Life Insurance

Not to sound too negative, but many of us don’t think about life insurance until it’s too late. The last thing you want is to leave your kids without any financial support as they adjust to life without you.


Watch TV Shows Being Recorded… For Free!

Instead of sitting at home every Saturday night watching whatever show is on the telly at the time, why not go and sit in the audience as the show is recorded? It will provide an amazing day out for you and the kids, and it won’t cost you any money!

Look Into Your Tax Options

If you have children, you could be eligible for what’s known as a child tax credit. This essentially means that you get regular pay outs from the government to support child care costs. Visit a lawyer firm such as Abajian Law and they will help you figure out what you could be entitled to.

Make The Most Of Free Days Out

If you want to spend quality time with your family but don’t want to pay extortionate amounts of money for theme parks or the cinema; there are plenty of different ways you can spend the day. Visit a local museum, many are free entry and you can spend a fun day with your kids as well as teach them about history and science. Art galleries are also free, you can let your children see some amazing pieces of artwork for free and inspire their creative side. Or if you are more of an outdoorsy kind, why not go on a hike? It doesn’t cost anything and you get to spend time in the sun enjoying nature.

Learn To Use Your Coupons

Whenever you visit a supermarket and do a large shop, you will most likely be landed with a few coupons. Now, although most of the time these coupons might be for things you would never purchase; sometimes you can utilise them for your next food shop. For example, what if you get a coupon for cheddar cheese? Instead of ignoring it, why not use the coupon to plan your next meals for the family. You could make a big batch of mac and cheese for the week, or maybe use it in a lasagne sauce. Planning your weekly food shop like this can save you a lot of money in the long run

Learn To Budget

Like above, make sure you don’t overspend on your food shop. Each week make a budget for your food and stick to it. It might mean sticking to one-pot meals for a few weeks, but it will save you money in the long run.

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