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Archive for the ‘Personal Finance’ Category

Greetings and welcome back friends, I will focus here on a very old strategy, as it has been used for thousands of years by many successful people. Even we use this strategy often without realizing it. But we should always use it in favor of devel.

Greetings and welcome back friends, I will focus here on a very old strategy, as it has been used for thousands of years by many successful people. Even we use this strategy often without realizing it. But we should always use it for development or growth of our businesses and microenterprises.

What is interesting is that this strategy is based on what a man’s life has been based throughout its history: to socialize, to make ‘social life’, in talking and sharing experiences, etc..

You may remember that the school had banned or restricted the conversation or dialogue with the ‘next friend’, but in real life and in the financial world that is what you crave! We need to focus on interacting and building personal relationships, business and strategic. Read the rest of this entry »

No doubt this is one of the questions we all ask when things in the financial markets get “crazy”. And, as usual, there is a recipe applicable to all alike. The answer depends on our strategy of saving / investment, the exposure of our financial markets and a host of other variables. And is that not all financial products are affected in the same way to fluctuations such as we have been experiencing in recent weeks.

Everything depends on how you manage your finances. If you invest in the stock market and you have shares in companies (or mutual funds that invest in shares) in your wallet, it is likely that your estate suffers the same ups and downs of the markets. If you had $ 1,000 last month and the stock fell 15% today probably have $ 850 (or maybe a little more or a little less than that). The mix of stocks you have in your portfolio will dictate how they benefit or hurt your finances with these variations.

If your strategy is more conservative and have your money in traditional savings accounts or fixed-term savings , you will not see changes in the value of your wallet or your expectations of future profitability. It’s that simple.
But this simple difference does not mean that people are conservative in a better position to changes in the markets. True, the “risky” to invest their money in the stock market will see fluctuations in their assets because of this widespread volatility. Read the rest of this entry »

It is a day full of feelings and emotions that marks a turning point in our lives. Since this morning the “self” is forgotten and the “we” becomes the new star of the home that we started to build by giving us the “yes”. Our plans begin to change course and focus on established and consolidated as a family, changing some of the objectives we had set on our years of bachelorhood.

This made me reflect a lot about the certainty that life confronts us with radical changes in the way, volunteers (such as marriage I chose) or completely unexpected. Life is not static and we must be prepared for what is present (both financially and in every other way that is relevant). And this time I will concentrate on those changes that are the result of a decision we made voluntarily.

I started talking about my marriage because the financial impact of the union of two people is a significant change in the lives of both. We have to decide how to manage our finances, speak clearly about them, make decisions together and bring healthy habits that allow us to enjoy the life we ??want. But there are other changes that require the same level of preparation. For example, when we finished our studies and entered phase part of the workforce, when we have a child on the way, when we have to leave work and go to the ranks of the retired or decided to buy a new house to meet our plans to grow as a family. Read the rest of this entry »

Buy and sell

Another way to get money quickly is to buy and sell a product.

For example, clothing that could get cheaply in wholesale markets, and then we could sell at a higher price through a small rented stall in a local market.

Or, for example, could join a multilevel marketing company and start selling to friends and family, the products that these companies give us.

Make a personal fundraising

Finally, another alternative to get money immediately is to make a personal fund raising.

To do this, call our relatives or friends, would explain our situation (for example, a substantial amount of debt we have to pay), and ask them to donate funds to help us overcome our problem.

A personal fundraising could be a good alternative to get money quickly, if we are honest with our family or friends, and they clearly explain the problem in which we live.

Selling on Internet auction sites

An alternative to the garage sale is to sell the things that we not use or remaining in the Internet through auction sites like eBay and MercadoLibre.

Just a matter of free registration in one of these sites, and ads through which we offer our things, trying to design a good ad that included images of quality, a clear description, and clear information on price, ways payment and delivery terms.

Sell a personal asset

If we have some important personal assets or property, for example, some property, a car or a piece of jewelry, probably it’s time to get rid of it and obtain the money we need.

To search for a buyer could try to sell via Internet auction sites, put our ad on any page of ads on the Internet, or placing an ad in a local newspaper. Read the rest of this entry »

It happens sometimes for some reason we need to get money quickly, either to buy something we need urgently to take advantage of any opportunity to pay a debt or, in extreme cases, to survive until a source of income.

If you are in any of these situations, you here are some ways through which you can get money immediately, legally, and almost without any effort:

Borrowing

The first alternative to get money quickly is to apply for a loan.

To do this, we could apply for a loan to a bank or financial institution, by means of facilities that today they offer to extend credit, but this alternative is not recommended if you do not need the money with real urgency, and if we are not very sure that we return the money in time.

An alternative to banks or financial institutions, is to borrow money from relatives or friends not so much pressure we put money back in time, we do not charge interest or at least the interest we charge is minimized. Read the rest of this entry »