A Safe Haven for Your Savings

Unfortunately, most of society has strayed away from this thinking.

The fact is Canadians aren’t saving as they once did and collectively are holding record high levels of debt. The average household savings rate in Canada has dropped from about 20 percent in the 1980’s, to 5.8 percent in the fourth quarter of 2016.[i] Many people believe they cannot save because after paying “all their bills” there’s nothing much left. However, understand that in most cases if you’re attempting to save after paying all your bills you may find this strategy to be futile. Instead, get in the habit of saving first or, consider it paying yourself first. Once you’ve developed this habit then you can look into what vehicle you want to save your cash in.

Generally speaking, when people DO consider saving often times the traditional approach is taken; open a bank savings account and dump as much cash in it as possible. Sit on it like a goose sits on her eggs and wait for your savings to hatch. The sad reality for most however, is making a future cash withdrawal only

Financial Planning Service

People can easily come around with one or the other form of business. Either they own it or work for it. Each of these businesses thus has their financial statements and records. Without these, the business may well disappear.

There are many forms of finances that a person might practically have to deal with. There are the mutual fund investments. There are the hedge funds and many more. There are many best financial services companies that are present nowadays that help people.

These financial services companies ensure of the very fact that people do get the best results from the business that they are in. There are various advantages that people may enjoy if they hire the financial service companies.

Financial planning:
Before moving further on the topic, people should understand that what exactly is the financial planning? This is something that can help people in a long course of time and thus help in managing the finances the best.

Why Recruit the Financial Service Companies?
There are many reasons why a person should think of hiring these services. Financial services can be well considered as one

The Future of Currency

Government tax collectors would prefer only electronic or digital money – it’s easier to control and easier to keep taxpayers honest – but are those gains worth the drawbacks? I mean what’s wrong with cash – you can spend it anywhere, you can pay your babysitter, go to a garage sale, or stop at a lemonade stand – all of which are part of our underground economy by definition and harmless uses of transferring money.

Then there are the illegal things, no one uses digital money because it leaves a trace, so you cannot use it to buy things you are not allowed to buy or that someone else is not allowed to sell. Does it thus, make sense to get rid of the money that allows illegal transactions, shut down the entire underground economy and if we do, will our society and civilization be better or worse off for that solution? Let’s discuss this shall we?

Yes, a digital currency would be similar to regular currency and really we are almost there already anyway. If we go to “digital units” and change the

Make Your Financial Planner Work for You

A financial planner enables you to set realistic financial goals. These goals must be realistic in terms of income and expenditure. It can also help you determine timeframes in which to reach the goals, helping you manage your cash flow effectively and stay in control at all times.

The advantage of a financial planner helps you understand the effects of all your financial decisions. You will be able to identify risks quickly, determining if you are making the right choice or not. As a business owner you may have a demand to expand, knowing your finances can help you decide if now is the right time to take on the expense of a new building or whether it could leave you in financial ruin.

The same applies to individuals. You may have been dreaming of a new car for years and have worked out the monthly repayments. Having instant knowledge of your cash flow each month can help you determine the risk level of taking on additional debt at this time.

Over time you will learn how this process can help you re-evaluate your finances. It’s important to stay up to date, checking back regularly to see how you are doing in terms

Fun Things to Do When You’re Low on Money

Have you ever watched little kids play? They are able to turn almost any object they can get into an interesting plaything complete with names and storyline. I know my kids do that all the time. They can even keep at it for hours at a time. With a bit of creativity and imagination, even adults can forget the daily grind of money matters and just have plain, cheap fun.

1. Play board games: Board games are a fun, cheap way for families to spend time together. All the intrigues and goofing can make for lots of fun and bonding too. Most of them come with instructions and the most popular ones include Chess, Monopoly, Backgammon, Checkers and educational games like Scrabble and Pictionary.

2. Go on a bike ride: Alone or as a group biking is fun and gets some exercise in too. Try pushing yourself by exploring new terrain (but not after dark).

3. Take a walk around your neighborhood: Get out of the house and stretch your limbs by taking a slow casual walk around where you live. The fresh air and scenery will take your mind off money for a while anyway.

4. Take your kids to the local park

A Kabbalistic Perspective

I see those shadows now. The reasons are many: some are economic, while others are religious. The philosophy behind it is partly logical.

The macro affects the micro. Whatever happens to the mass has a direct impact on the individual. We are in the middle of two wars – one religious, the other economic – caused by an old system of money transference without a trace, called “Havala”. It is used on the entire planet. All the money from the sale of drugs and oil is kept in vaults in form of gold nuggets. This is bound to threaten the economic order of the industrialized nations unless we go back to a gold standard. The strategy of Islamic states is rather more complicated, based on very strict religious edicts. All these changes are due to the fast approaching Aquarian Age because of the precession of the equinoxes.

The sale of illegal drugs and oil has empowered Islamic and other countries to buy arms in the open market. This has threatened most of the world markets. We see the evidence of this in form of agitations and attacks in various countries.

If we do not move quickly to face this tsunami, then the entire

Choose Between Banks

As long as you are receiving the services that you desire, you are prone to stick with that financial institution. If you choose to do business with a certain bank, make sure that you are happy with the customer service. Ask about fees associated with various accounts. Depending on your needs, you may need a checking account, savings account, or both.

Find out how lost credit cards, overdrafts, and debit card purchases are handled.

Create a List

Create a list of things that you want from one of the reputable banks in your area. Then you can decide on a financial institution based on your banking needs.

Services Offered

Most banks offer a wide range of services. Services can include retirement savings, investment options, and online bill payment.

Other services offered generally include:

– Online Banking
– Mobile Banking
– Text/Web/Apps
– External Funds Transfer
– ATM/Debit Cards
– Telephone
– Wire Transfers
– Electronic Statements
– Cash Management
– Merchant Credit Card

These days, you will usually have access to funds at your local branch, online, and through ATM withdrawals. Most banks also offer loan services for mortgages and secured credit.

Doing Business Online

Online banking has made it possible for customers to check their balances and receive monthly

Pick The Right Financial Advisors

Investors watched their portfolios grow exponentially, and retirement seemed secure. The economy was so strong even the country’s best financial advisers were left wondering if they’d have a job.

But alas, the economy went into recession. Those early retirement dreams became a less realistic option. These days we need to know about yields, rates of return, and, dare we say, risk!

That leaves many people feeling pressured and over their heads. This is where businesses can step in to help their employees decide how and where to invest their money.

Where Do I Start?

That depends on what you want the financial advisers to do. Do you want help with estate planning, or is it your child’s college fund? What about advice on which stocks to pick or how to withdrawal cash from retirement funds without draining your account? Determining where to start depends on your desired outcome, and the good news is financial advisers come with many specialties.

Once you decide what you need, ask people that you trust for referrals. Seek out someone you don’t mind divulging personal financial information to.

Next, find out what your potential advisor did before becoming an advisor. Was he/she a math expert who majored in statistics at college?

Online Financial Hackers Are Stealing From Your Wallet

The next moment, you are bombarded with a long list on your credit card bill-transactions you may not even have dreamed of making in the first place. What happened? What will you do? As you flood yourself with all the possible and endless possibilities, you will begin to realize that you have been hacked! While the rise in technology has given us a lot of convenience, it has also posed a greater potential threat if we are not careful on how to propagate its use.

How did they get your vital information?

1. Skimmers

What are skimmers? Skimmers are devices used to scan and store your personal data from your credit or debit cards. There are many forms of skimmers and various ways to transfer data from a skimmer to a hacker’s device.

One of the most popular type of skimmers are those inserted in ATM card slots. Often, you may think that you are just doing normal bank transactions only to find out the next few days that your whole account has been hacked and emptied. Another form of skimmers are those used by waiters, bar tenders and other people you may be giving your credit card to but are unable to follow

Understanding What Makes Them Different

Despite the merits behind hiring a trained planner, many consumers do not understand the benefits of working with the latter option.

Pros of Hiring a Fee-only Financial Advisor

Those who are looking for the best advisors should consider one who is compensated in a way other than commission. These planners look at your entire fiscal situation and give you an honest, objective opinion on what you need to do. While they may suggest purchases of certain products, these will be ones that they believe will assist you in your goals. There is no loyalty to a specific company or product because there is no bonus or commission to earn.

You pay a fee-only financial advisor based on how often you meet with them. You could pay an hourly expense or you could pay a retainer in order to have him or her on call. You may even negotiate payment of a percentage of the investment assets your planner is managing. Each professional has his or her own pay structure.

In addition to having flexible payment options, you can choose between services. Some work with you to provide a complete financial review for a fixed project. You can also find someone to review your investment

Send Money Abroad In An Efficient Manner

The thing is that they don’t convert one currency to the other on the basis of the inter-bank rate. Instead, they make the exchange at a lower rate making a good deal of profit. Give below are a few tips that may help you go through the process efficiently.

Foreign Exchange Brokers

Acting as intermediaries, foreign exchange brokers deal with a lot of banks and provide the best exchange rates. While their primary role is to convert currencies, they can also help you send money abroad for a reasonable fee.

While this option is cost effective, especially if you want to transfer over $5000, the process can take longer to complete. Choose this option if you don’t have to send your funds abroad urgently.

Commercial Banks

Banks are the most common means of international money transfers all over the world. However, the fact of the matter is that banks are known for charging hidden fees for money transfers, and the fees will continue to go up as the amount of money that needs to be transferred goes up. But the advantage of using a bank to do this job is that banks are considered the safest way of transferring money abroad. So, if you are

Find Government Grants Money Online to Pay Off Bills

Even nonprofits, states, counties, accredited organizations, foundations, community action agencies and local agencies offer financial support or benefit programs that enable unfortunate families to continue availing services in spite of bill payment dues and help compensate the bills. Have a look at the basic steps or procedures to get a grant to pay off bills.

Steps to Get a Grant for Paying off Bills

Know the process: you must be thoroughly enlightened about the detailed process of seeking grants, where to ask for referrals, look for resources, whom to speak to, where to apply, eligibility criteria, what grants you need etc. A complete know-how is essential at the onset to get going for the other steps.

Make a complete research work: first list down the areas that need assistance or grants such as housing, utility, education, daycare, repair, transportation, food etc. Once done make both online and offline research about the grants that can help pay off your bill dues. Look up at the Grants.gov. site that offers exhaustive information on all the government grants. You can also look at other sites.

Next communicate with local government officials, nonprofits and community action agencies about your situation. Seek for referrals. Reach about grant options in your state

The Basics of Check Cashing Services

The money service industry has gotten larger and this is one of the latest additions to the range of services one can avail.

So, how does this check cashing system work?

Well, it is relatively simple. A person whose name appears on the check can go directly to any of these check-cashing providers. The business will then have to make the necessary verification of the identity. The person may be asked to provide at least two identification cards and/or a bank account. Upon verification, he will be asked to endorse the check and the business will then deposit the amount, less all the deductions and processing fee directly to the bank account. Most of the check cashing business also offer affiliate businesses such as payday loans, bill payments, and money order cashing. The processing fee may vary and some check cashing enterprises may likewise impose a minimum amount.

Advantages of using Check Cashing Services

• This method is advantageous to people who do not have any existing bank accounts. As banks tend to be relatively stricter in handing out cold cash, having to endorse the check to a legitimate business would be more convenient.

• Queues in banks can be extremely time-consuming. Having to spend

When And How Far Should One Go

Introduction

Diversification today most executives and boards realize how difficult it is to add value to businesses that aren’t connected to each other in some way. Yet too many executives still believe that diversifying into unrelated industries reduces risks for investors or that diversified businesses can better allocate capital across businesses than the market does-without regard to the skills needed to achieve these goals. Because few have such skills, diversification instead often caps the upside potential for shareholders but doesn’t limit the downside risk. As managers contemplate moves to diversify, they would do well to remember that in practice, the best-performing conglomerates in the United States and in other developed markets do well not because they’re diversified but because they’re the best owners, even of businesses outside their core industries.

Meaning

Diversification is a form of corporate strategy whereby a company seeks to increase profitability through greater sales volume obtained from new products and/ or new markets. Diversification can occur either at the business unit level or at the corporate level. At the business unit level, it is most likely to expand into a new segment of an industry that the business is already in. At the corporate level, it is generally very

Becoming Licensed

These professionals will generally accept a percentage of the payout on the claim as their fee. Many policyholders will file a claim themselves but if the policyholder is afraid there will be a dispute on the claim or it is a complex claim it is best if you work with a public adjuster.

When hired by the policyholder you will look the insurance policy over in order to know what is covered and the coverage limits. The next step is to look at the situation for which the policyholder is filing a claim. The public adjuster will document the claim and packages it for the insurance company. When documenting the claim the adjuster will address key issues that could be used as grounds for a denial or dispute of the claim by the claim adjuster. If the payout is not what it should be then the adjuster will negotiate with the insurance company to get the best deal for the policyholder.

Before you can become a public adjuster you have to be licensed. In the United States what the requirements are to become licensed depends on the state. If you are a non-resident you could obtain a license there if both

The Easiest Way To Save Money

No more searching online for hours trying to find the best price for your purchase! The way to save an extraordinary amount of money is via saving money memberships! More specifically, lifetime saving money memberships! I am going to go over the 3 things you need to look for before getting any type membership like this!

1. Duration – You can get one that only last for a few months or years but if you’re looking to save thousands of dollars each year then your best bet is to find a one that offers a lifetime holding. Especially if you enjoy the benefits, it would be ideal to continue to enjoy it for the rest of your life. There are plenty of lifetime holding ones out there, however, if you can’t find one you like that offers that then at least look for one that has a long duration. A 10 year or even a 15 year saving money membership will do some great things in terms of adding more money into your wallet.

2. Do The Math – You have to look at the price! If you are looking to get a lifetime one, you may have to pay a decent chunk of money.

Is It Worth Someone’s Life?

That summarizes the value of money. It represents our clothing, food, housing, and even our health but it I still not worth someone’s life. The situation we are now in is far different from the world of ancient times. The monetary system by which the world operates, however, has only been around since the bronze age when the manufacture of coins was made possible.

Trade began more than two million years ago in the Stone Age as sites occupied by Homo Erectus and dated to around that time demonstrate. So what changed? Man’s progress and development of weapons and metal tools allowed greater things to eventuate. It led to kings, wars and the building of empires and a slippery slope of dependency on man’s abilities rather than God.

In the Roman Empire Emperors charged nations and taxes were introduced to support Rome and debt followed. Those who could not pay their taxes were enslaved or executed as examples to others.

The Emperor who established the system under which the economy still runs was Constantine who also created the Catholic Church for power and control of the nations under his command. He is 666 in Revelation 13:12-18 and his purpose was to seal

Qualify Leads And Prospects

Instead of talking all the time, try to listen to your prospect. Then you will understand whether he/she is a qualified prospect. If you listen to them your chances of selling will be much higher.

Spend time on qualified prospects, and you’ll achieve significantly more costly deals.

Even if you get a qualified lead you must put in a lot of effort to make him/her your customer. You must know all about your valuable prospect or else you will miss an opportunity to sell your product or service to them.

If you end up selling a product to a wrong customer or to people who should not have bought your product, it is not just bad for the customer but bad for you and your company.

To find a quality lead you must know how to evaluate a prospect. For instance, you must know what their drawbacks are. How have they evaluated your solution? What type of an organisation they belong to? These details are essential to personalise your pitch for your prospects.

Know their pain points and also about their organization and personality. If a salesman is not able to close a deal it shows that he did not know all the important

Personal Finances Is Abou Bad Habits

How can you take good care of your money and your finances so that you do not end up frittering away your savings on things you don’t need?

Generally, the problem is that most people lack a good understanding of just how important saving for the future is. Most people are going to do everything else with their money first before they even think about saving. Although saving in this way is better than not saving at all, it is in fact a highly ineffective way to build any kind of financial independence or security.

Managing Your Personal Finances

If you want to save money for the future, you’ll want these tips to help you on your plan. Many people who practice these methods are surprised at how easy they are to follow.

Simply set aside 20% of your paycheck.

Just reverse your spending and saving habits, instead of putting away your savings after you spent what you thought you needed from your income. Take 20 percent of your earnings first and put it towards savings before spending it all. Make sure to deposit this money as soon as you get paid. Whatever is left after the 20 percent has been saved can then go

2 Main Types to Know About

These days, you can also find banks to have ventured into bridge financing, foreign currency exchange and private banking. Know about the two main types of investment banking companies India.

Basic bank for invest

This kind of bank tends to issue bonds and stocks to customers for a predetermined sum. Then the bank invests this sum which has been used by the client for buying bonds and stocks. Such types of investments vary across different banks. In the nations where this type of investment is permitted, investment banks come with networks of lending and financial organizations that they can derive profit from. Other banks also make investments in construction and property development. Customers with bonds and stocks would tend get payments from the amount of profit that is made on the sum that they have invested for a particular time period.

Both the investment bank and the client derive profits from the sum initially invested by the client. As these types of banks are completely familiar with the trade methods, they are often consulted about corporate investment activities like acquisitions and mergers by both big and small corporations and business houses.

Merchant bank for investing

This is the other kind of investment bank. Such kinds