5 Tips to Managing your Money Wisely

Everyone needs money to save and also to spend. No matter how much you earn, one can never seem to have enough money. It is often mistaken that managing money is only for the rich but it is quite the opposite. In order to be rich, you need to manage your money and also in order to stay rich, you need to manage your money wisely. For you to have an order in your life, you need to start and maintain order in your finances. For you to manage your money wisely, you will need to:


  • Generate a budget plan for your income. Your income is only what you get by the end of each month. It does not include the extra money from bonuses or even the overtime. Break your expenses into three; fixed expenses, essential and non-essential expenses. Fixed expenses include things like rent that don’t change over time. Essential expenses include things like food and groceries that change from time to time. Non-essential expenses are things like movies that are for fun. Splitting your budget this way will help you realize how much you can save from the non-essentials and help you in managing your expenses.



  • Keep track of your spending. This can be achieved by keeping of all the receipts of anything purchased that month. It can also be done easily with online follow up of your credit card. This will help you realize how much you spend on what item per month and if it can be reduced or cut off if it wastage of money. This should be done each month to show if there is any progress in your finance management or not.



  • Create a shopping list. If you have a problem with impulse buying, this could lead to financial problems in the future. A shopping list will help guide you to what you need. The list should be carefully drafted. Go through the list to see if you have left out anything important or if you can cancel out some few items of no or less necessity. A shopping list is only effective if you strictly adhere to it. This not only helps you in managing your money but also saves you time during shopping.



  • Do a good research before purchasing a big investment. Large investments such as medical covers, insurance or even buying a new car should be done with careful considerations. Look for multiple offers and research on the quality. Investing big means great risks and therefore I would recommend getting advice from professionals who offer the best money management services.


  • Label your savings. To manage your money needs to also go hand in hand with managing your savings. It becomes easy to know of your progress and helps you save easily if you know what you are saving for. Divide your savings into investments, medical emergencies, college fund, retirement money or even money for a new car. This will help you avoid losing focus and in case of an emergency, you are prepared.

Managing your money should start as soon as possible. Remember that it’s never too small for savings. Look at the bigger picture and stay focused and you will succeed. Be confident with your management skills and remember, a journey of a thousand miles starts with a single step.

5 Tips to Selling Your Pre-Owned Car Fast

Selling a pre-owned car can be quite hard. You can either do the selling yourself or let a company such as the Fast Buy Cash For Cars sell the car for you at a fair price. However, when you sell the car yourself you get more money since you don’t have to pay any dealers. For one to sell their pre-owned car fast, there are a few things that they can consider. They include:

  1.    Make your car look presentable.

The first impression is very key hence the car needs to look presentable. You can either clean the car yourself or take it to a car wash. The car needs to be cleaned both inside and outside. The car should remain clean throughout the entire selling process. This is just an added bonus that can help you get a little extra money for the car.

  1.    Pricing.

When deciding the price for your car, it is important to be reasonable and know the market value of the car. Before selling the car, do some research about car sales and gauge the market. Research can be done on car sales websites. An over priced car tends to push away potential buyers. If the car has accessories that are not standard, you can overprice it but you have to explain why. It is also important to decide the lowest price that you would sell your car for. Make sure you get your car’s worth.

  1.    Documentation.

It is important to have all the important documents. These documents include the title, the bill of sale, log book, owner’s manual and service records. Ensure that you have all the receipts. Once the buyer has agreed to buy the car provide them with a receipt and also keep a copy that is signed.

  1.    Advertisement.

It is important that one takes great photos of the car so that they can attract the buyers as this is the way buyers evaluate the car. You can create an ad then share it as online. You can also share it on social media platforms such as Facebook and Instagram. You can also share it on Craigslist. However, do not give out your important details such as your home address. Be honest about the car and make sure to list any extras that your car may have.

  1.    Closing the deal.

Once you are contacted by the buyer, put all your documents in order and schedule for a test drive. Most buyers want to take the car for a test drive before buying it. Before letting the buyer drive, ensure that they have their driver’s license. The test drive should be in a public place and you should not let them drive alone. One should also enquire from the insurance company to see if the potential buyer is covered in case of an accident. After the buyer commits to buying the car, the best way to transact is either by cash or a cashier’s check from a local bank. Do not hand over the keys unless a full payment has been made.

Many people prefer to buy pre-owned cars as they are way cheap. Hence it is important to keep your car in good condition if you are planning to sell it. Selling of pre-owned cars can make you good money if you do it well.

5 Tips to Finding a Great Real Estate Agent

Real estate is getting very expensive with time. Lately, it is advisable to plan ahead to ensure that you do not waste or lose any money. The first step is to find a reliable agency. Agencies have risen in numbers. It is hard to choose an agency considering many individuals do not know which one is reliable. Some agencies are out there just to make money and do not really care for your needs. Therefore, you need to be careful. Here are the core tips that you need when looking for a substantial agency:

1) Experience

It is always advisable to get an experienced agency since it speaks a lot about their reliability. For example, when you think of a North Vancouver realtor, the company that comes to mind ought to have a vast experience. The company has to have great market knowledge. It must have spent many years in the industry and bear accreditation from the major contracts it has undertaken, which speaks a lot about its reputation. You should always check an agency’s resume and references since these would help you know more about the people you are dealing with. It is advisable to stay away from companies whose employment varies and is not steady since it shows a sign of instability. Search engines are also platforms where you can find more about an agency. You can hardly afford to work with an agency that has no experience since you are not sure whether or not they know what they are dealing with.

2) Detailed

Representation of a company from their cards to their website talks a lot about their arrangement and level of seriousness. It serves as a reflection of the attitude they have towards their job. A company that pays attention to minor details is prone to have a high degree of performance. Detailed companies are good indicators of the treatment that these firms will offer clients.

3) Honesty

Honesty is a virtue that applies to not only personal but also business relationships. A company that is honest is a good indicator that one will have a smooth transaction. It is always good to notice lies as soon as possible. An open dialogue is always a good sign that the company or agency has nothing to hide. Stay away from companies that show inconsistency in what they tell you and also selectively avoid some questions.

4) Reviews

Reviews are always the best way to tell whether a company is reliable or not. Most people who write reviews are deemed honest, as they may have genuinely transacted with the company. They do it either out of disappointment or genuine gratitude. It is good to check them out, especially on social media platforms.

5) Good Communication

Agencies that are good communicators are more reliable. They are also good listeners, meaning that they will pay attention to what your specifications are. You need a company that works with you every step of the way so that no mistakes are done. Choose a company that picks calls and replies emails on time.

5 Ways to Manage your Money so that you are not Poor when you are Old

Money management skills should be learned very early on in life. This way, you will not be poor when you are old and you can no longer generate income. Today, we are going to look at some of the ways that you can manage your money effectively. Through AFH Wealth Management consultants, professional advice and reviews, you will learn a few tips on finances and wealth management.

Here are 5 ways to manage your money so that you are not poor when you are old:

  1.    Financial planning

In order to achieve anything, you have to have a plan. It is therefore important to plan on your retirement early. Financial planning should be done with the help of professional financial planners. You may seek help from wealth management firms and consultants. Include info on taxes, investments, protection planning and all other aspects of financial obligations. AFH Wealth management team are willing to work with people looking for such services and to ensure that they receive proper guidance and advice on financial planning matters.

  1.    Commit to increasing savings

In your financial planning, ensure that the budget features savings. During your productive years, when you are getting higher incomes, ensure you save for old age. Commitment to saving is very important if you want to secure your old age from financial constraints.

  1.    Invest wisely

Unfortunately, the education system does not teach people how to grow their money. Savings should be reinvested. If you are not thinking about how to grow your money, you cannot expect to have a solid financial future. There are special firms that work with clients to ensure that they know the right investment options for them. With proper guidance from such financial firms, one can easily learn and grow their money through viable investments. Proper investment solutions and management by experts in wealth creation is what will help you create wealth.

  1.    Work with your partner towards the same financial goals

If you are fortunate to grow old with your partner, then having worked on the same financial goals throughout your lives means you have built more wealth over the years and you will not be poor at old age. You should frequently meet with your financial adviser for reviews and more advice on your wealth creation options.

  1.    Be a conscious consumer

It is important to keep track of any amount of money used. You should also be aware of all the benefits you are entitled to, and when you can claim them. This is especially so for employees. In business, if you need to exit, then know the best exit strategy as well. You can get a financial adviser on all such matters to ensure that you take advantage of any benefits and also cut down on any unnecessary costs or purchases.

Financial management skills are important. It is good to learn them from the experts. Ensure that you learn such skills early in life so that you are not poor during old age due to poor financial management.


4 Tips to Getting a Duplicate Social Security Card

All American residents require a social security card. It features your social security number and thus it’s important to keep it safe. With the number, you aren’t just able to process your personal records, but also financial records, including collecting your social security benefits. Therefore, losing or misplacing your social security card is cause for alarm.

If you’ve lost your card, you need to get a duplicate social security card. Here are the four tips to getting a copy of your social security card if you lose it:

Top 4 Tips to Replacing a Social Security Card

  1. Report the Stolen or Lost Card

Report the stolen or lost social security card to the social security office the moment you realize it’s no longer under your possession. The Internal Revenue Service office also needs to receive a report on the stolen card to ensure nobody uses it fraudulently to file taxes. Contact the Federal Trade Commission Consumer Information website to report the theft.

The other office you need to contact is the Internet Crime Complaint Center to help ensure nobody apart from you gets to use your card.

  1. Print Form SS-5

After downloading the social security form SS-5 from the website of the US Social Security Administration, print it to apply for a copy of your lost or stolen social security card. Since the form is a PDF file, you need to ensure that Adobe Acrobat Reader is installed on your computer to enable you to open the file. Available on the Adobe website, simply download the form for free.

  1. Fill the Downloaded Form SS-5

After downloading the SS-5 form available as a PDF file, you need to fill it with your personal details as prompted.

  1. Provide Proof of Identity & Immigration Status or Citizenship

Proof of your citizenship or legal immigrant status is required to get a duplicate social security card after losing the original one. US citizens can produce a US passport, US birth certificate, certificate of citizenship, US birth consular report or certificate of naturalization to prove their citizenship.

If you’re an immigrant, provide your immigration documents to get your card replaced. A work permit card issued by the Homeland Security Department or Form I-551, I-94 with a current foreign passport is the only acceptable document for immigrants. The documents can either be certified copies or originals, but not notarized copies or photocopies. They are often mailed back.

An identity card issued by the state, a driver’s license or a US passport is an acceptable document for identity proof. In case these documents aren’t available, an adoption decree, marriage certificate, employee identification card, a life insurance policy, a school ID or a US military ID is acceptable.

The documents must feature your recent photo, identifying information, and full names to be acceptable. They must also be current with up-to-date information.


When done filling the application form and have the documents ready, find a social security office near you for submission. Submit your application via mail, online or in person and wait for your replacement social security card to arrive through mail. If you’re busy and work on a tight schedule, you can use third party services to replace your lost or stolen card.

However, if you want to save money and get a duplicate card free of charge, make the application on your own. The forms are available for free download online.

Visit https://www.application-filing-service.com/socialsecuritycard/change-name-on-social-security-card/ to help you apply for a duplicate social security card

5 Tips to Crypto Trading

In the past, earning an extra income was possible for investors who simply bought and held cryptocurrencies. The strategy of purchasing virtual coins at cheap prices and selling them months or years later at a higher price is, unfortunately, not as easy today as it was before. With the addition of more coins in the marketplace, the entry of institutional funds from stock exchanges, and the emergence of futures and other types of contracts, earning from cryptocurrencies is becoming an art that is almost exclusive for skilled traders.

The cryptocurrency market is characterized as a highly volatile one. To provide you a picture, the total capitalization of the entire cryptocurrency market has increased by roughly twenty times from January to December of last year and has lost by more than sixty percent in value from the all-time high in December up to the beginning of February this year. Its high volatility has opened up opportunities for traders to get high rewards and to acquire huge losses as well. As a beginner, cryptocurrency trading may sound a bit intimidating. But in reality, anyone can earn from crypto trading; with the right discipline and the basic knowledge of managing risks and setting targets. Read more about the five tips to cryptocurrency trading and start getting additional income without leaving your home.

  1. Stay updated on the news.

The movement of the cryptocurrency market is largely driven by the developments surrounding the cryptocurrency space. For example, news about governments implementing strict regulations on cryptocurrencies can drive the price down, while companies opening their doors to cryptocurrencies and huge personalities promoting the use of crypto can help increase the price. While you should always be updated with the news, it is important for you to avoid making hasty decisions.

  1. Do not FOMO.

FOMO is a widely understood term in the cryptocurrency space which is abbreviated from a phrase, “fear of missing out”. This happens when the price of a specific coin suddenly shoots up and people immediately come in to join the hype. What usually happens is that the coin holders who bought them at cheaper prices will start selling, causing a reverse in the momentum, and leaving people who did FOMO at loss. Avoid buying at the climax of the hype, set your entry points properly, and do not panic sell.

  1. Set a tight stop-loss order.

Technical analysis is one of the essential skills that must be learned by every trader. People may use different market indicators and interpret the trends and patterns with bias. But what you should always take note of is to set up a tight stop-loss order. Cut losses immediately and, similarly, set a reasonable target. It doesn’t matter whether you earn 2 or 20 percent in a single trade because that will eventually add up if you follow your targets and stops with discipline.

  1. Know the coins that you are trading.

For years, Bitcoin has proven itself as the most dominant cryptocurrency in the world. Altcoins or alternative coins are different. Some of them has overtaken Bitcoin in terms of growth while most of them constantly lose value over time. Do not buy coins or tokens from ICOs without doing any research. Avoid putting all eggs in one basket and remember to always manage your risks.

  1. Use trading software.

With the cryptocurrency market running 24/7, the need for trading software arises. Aside from placing orders in a split of a second and at any time of the day, using trading software also eliminate the factor of human emotions that can result in a big loss. There are different smart trading applications online that you can use to improve your trading performance. One of the swiss army knives of cryptocurrency trading today is the Crypto CFD Trader – a highly efficient trading program specifically designed by economic experts to generate favorable results in contract-for-difference trades. Check it out now and see for yourself.

Simple Ways to Save Money

You’ve always wanted to have that extra financial cushion in the form of a savings account, but you can’t seem to break the chain of living paycheck to paycheck. It feels like your income just isn’t substantial enough to allow you to pad a savings account.

In reality, it probably isn’t your paycheck that’s the problem; it’s your spending. Anyone can stockpile a rainy day fund if they have smart money habits and are determined to decrease their monthly spending.

Not sure how to start putting away a little money each month? Here are some simple ways to start saving without living on the bare minimum.

Open a Savings Account and Set Up an Automatic Deposit

It’s difficult to focus on saving when you don’t have a specific account dedicated to the cause. Do yourself a favor and open up a savings account with your current bank so you can watch it grow and actually keep track of how much money you’ve put into the fund.

Another good idea is to set up an automatic withdrawal from your checking account to your savings account. Look at your budget and figure out how much you can reasonably set aside for an emergency fund each month, then have your bank automatically transfer that amount into your savings. You’ll find that it’s much easier to save the money if it’s immediately moved out of your checking account.

Tackle Your Debt as Much as You Can  

According to the Federal Reserve’s latest numbers, the average American household carries more than $137,000 in debt. It’s no wonder that most people are struggling to save money when they’re constantly dealing with monthly debt payments. Therefore, one of the fastest ways to start saving is to eliminate your debt ASAP.

The sooner you aren’t chained to those loans or credit card payments, the sooner you’ll be able to feel financially secure. Plus, rebuilding your credit score after dealing with debt for years can be challenging, so it’s best to knock out the problem as soon as you can.

Be Mindful of Your Utility Bills

Many homeowners and renters underestimate how much their heating, AC, and water bills can add up, especially during the summer and winter months. Start paying attention to how much energy your home is using every day, and if you can, find other ways to make your home comfortable.

For instance, instead of cranking the heat every time your room feels chilly, consider purchasing a small heater that costs less to use. Even just saving fifty dollars a month can make a pretty substantial difference in the long run.

Take Cheaper Vacations

You may think that taking a vacation is out of the question–but that isn’t true. Sure, taking a vacation can be very expensive, especially if you’re paying for your immediate family. Try looking for a less expensive alternative.

There are family-friendly resorts that are more fun if you have children. You can also decide to go to an adults-only resort if you’re looking for some alone time with your partner. Of course you can research fun things to do in the state you live and do a road trip for the weekend. All of these options are just some of the several things you can do for a fun vacation.

Find Ways to Save on Food

The average American family spends between $151 and $180 on food each week. Although that might not seem like an outrageous amount, especially for households with multiple members, it’s easy to see how those weekly grocery bills could add up. If you really want to start saving, you’ll probably need to search for ways to lower your regular food expenses.

Cooking at home, eating leftovers, packing lunches, and purchasing off-brand food products are all great ways to start. You can also put more thought into your shopping by planning meals in advance instead of grabbing whatever ingredients and snacks sound tasty at the time.

Become a Coupon and Discount Hunter  

Although it might seem a little embarrassing to cut out coupons or ask about discounts, doing so can certainly pay off. There are also handy apps you can download on your mobile device that can help you save a dollar here and there. Sure, coupon and discount hunting won’t allow you to save for a yacht or anything, but it might be able to contribute to a financial safety net that you can rely on in years to come.  

Make Sure You’re Taking Advantage of Your Retirement Savings Plan

Many employers offer a 401(k) match program, and if you aren’t taking advantage of yours, then you’re practically throwing away free money. Even if you don’t think you can contribute much to a retirement account, at least toss a little bit in there each month.

Every deposit will add up over time and help you prepare for the future. As of 2017, half of Americans are worried they won’t be able to afford retirement. Don’t let yourself suffer those same fears as you age, especially when it’s so simple to build a retirement account.

Cancel Unnecessary Subscriptions and Memberships

Signing up for that spiffy gym down the street may have seemed like a good idea at first, but are you really going to utilize it often? If not, cancel your membership and search for something cheaper. Even better, start running outside for free.

The same goes for your music and entertainment subscription services. If you aren’t truly enjoying them and using them on a daily basis, then it’s probably a good idea to cancel your subscription and pocket that money.

Be Smart When Spending

Whether you’re barely making ends meet or sitting pretty, finding extra money to save can seem challenging at first. However, simply looking at your budget and discovering small ways to save can make a huge difference. Work on weeding out silly expenses like gym memberships, expensive groceries, and entertainment services.

Also, make sure you are making monthly deposits into a savings account, as well as a retirement account, and pay off your debt as soon as possible. Sure, you might be clipping coupons and buying generic-brand cereal, but it’ll all pay off once you have a padded emergency fund that helps you sleep soundly at night.