Affordable Fixes for Drafty Windows

Winter is upon us. Snow-filled streets will soon set the scene of the season. But it’s not all a picturesque winter wonderland. With all that beauty, comes a cruel new cold. Your home is likely the toasty haven that you’ll be spending most of your time in through winter, so it’s important that you make sure things are in order. 

We’re all too familiar with what an unwelcome window draft feels like as it cuts into the room. On average, between 10 to 25 percent of a home’s heat escapes through its windows. Aside from being unpleasant, these drafty windows are also a money-losing problem. They cause energy inefficiencies within the home, and they potentially allow unwanted moisture and pollutants inside, too.  

There’s plenty you can do to solve the problem though (even on a tight budget!)

Seal and Insulate

The first place you might want to focus your repair attention to is the shim space. This is the gap between the window or door frame and the framing of the house. Any cracks or holes in the seal within this shim space will create an unwanted passageway for cold air to come through.

The good news here is that it’s an easy fix. You can carefully peel away the defunct window casing and reseal the shim space with spray foam.

Buy Insulating Curtains and Storm Windows

Buy yourself some affordable insulating curtains or storm windows to make your window zones more comfortable. This low-tech, low-cost solution will be sure to reduce unpleasant drafts and improve the numbers on your utility bill. Interior storm windows range in quality and price, but certain types have been found to reduce energy usage by over 20 percent

Employ Draft Snakes

For those on a budget, a draft snake is an affordable and effective way to reduce the amount of cold air that sneaks through windowsills. There are plenty of affordable options online that are well worth your buck. 

If you’re feeling particularly thrifty, you can try your hand at creating your own draft snake. Simply fill a tubule piece of fabric, such as stockings, with dry rice. Place your new serpentine friends on your drafty window sills to block out the chill.

Use Clear Shrink Film

Using just a cheap roll of shrink film and a hair dryer, you could save your home a lot of its heat. Simply stick the shrink film to the window and seal with a hairdryer. You’ll be delighted by the results and drinking hot chocolates by the fire in no time. 

So, there you have it. With a little bit of time, and even less money, you can draft-proof your house just in time for the chilliest months of the year. You can rest easy (and warm) knowing your newly insulated home is also free of any unwanted pollutants. The winter can be hard enough on our bodies, so we certainly don’t need drafty windows to make it any worse. Time to do a house-wide check, and get your place prepped for a cozy winter ahead.

Every Trading System has to Face Losing Trades

The fact is true for the trading business. In fact, it is true for any kind of human being on this planet for any kind of professions. The traders happen to suffer a lot of their mistakes. Because the loss ratio in the trading profession is more than in any kind of another one. Many traders make mistakes for not learning about the business properly. But some fool traders act foolish with their profession and make poor plans for it. Thus their trading strategies do not do well in the position sizing with proper market analysis. And the money management is far from reach for that kind of traders. In this article, we are going to talk about all the necessary things the traders have to concentrate on all the time. And they will have to maintain proper performance with the right setup. It will not be possible any time to be perfect for the business. But you can try your best and make a good outcome from the markets of your choice.

You will be mistaken with the money management

The most common problem of the novice traders come from the money management issue. The new Aussie traders make this kind of mistakes with improper knowledge and experience in this profession. Because when you don’t know about the value the risk control, there will be a problem for your business. The risks will get big for trading as well as your mind to handle. Then the trading mind will think about getting more out of a large risk. From that, the traders will try to find a proper position size. But with poor experience on the market analysis, it will not be possible for most of the time. Then taking shortcuts, most traders lose money from their accounts. So, to save your own business from ruining, keep the trading business intact with money management.

Understanding the nature of the market

Majority of the rookie traders don’t really understand the market of CFDs. They simply think a robust trading system will help them to make a profit all the time. Trading is nothing but dealing with probability factors. The successful traders are always prepared to lose trades since its nature of the market. Once you learn to make a profit by dealing with your losing trades, nothing can stop you to secure your financial freedom. Just be calculative and consider Forex trading profession as your business.

The market analysis will not be good for business

Like the proper money management, the traders will also need to be working for the market analysis. It is a work directly related to the trades themselves and the traders will have to do it every time of trading. For the proper position sizing of the trades, you will have to know about it. The proper way of approaching for a trade is the traders will have to work with the profit targets for the trades. Then using them as the reference, the traders will have to make trades in the markets trends or key swings. This is called the proper position sizing of the trades. If you can manage to work properly with that, there will be hardly any loss from your business. And the income will be great after each month.

There will be something missing from your edge

Every now and then, the traders will miss something in their edges. Because no person is perfect in this world. If anyone claims to be one, do not believe it at all. Your own trading business will not be perfect all the time. Sometime you may miss a chance of earning more from the markets due to a misunderstanding of the trend. Sometime your trades may not be right with the position sizing. Or the risk to profit margin targets can be wrong sometimes. But nothing should bother your performance in the marketplace.

5 Reasons You Should Repair Your Credit

In most countries, credit determines your eligibility for a lot of different things. If you ever plan to finance a car, rent an apartment, get a good insurance plan, or even get a credit card, then you have to establish a strong credit score. Below, you will find 5 reasons why you should repair your credit.

1 – A strong credit score allows you to finance a car

Cars today can be expensive and even if you plan to buy a used one, you never know when it could break down on you. Having the option to finance a car, if you happened to need it, is a convenience that you certainly don’t want to go without. Cars are our primary means of travel and without a car, you won’t be able to work, maintain a social life, or run long distance errands. It’s hard to imagine living without a car and if you don’t qualify to finance one, you would be in a very difficult situation if something were to happen to the vehicle you are driving now.

2 – Repairing your credit ensures that you can get into an apartment

When you have a strong credit score, apartment complexes will accept you without a second thought. Of course, your current employment status and income is important as well, but without good credit, you won’t even be considered. If you have no plans of moving out, then qualifying for an apartment might not matter much to you. However, similar to how qualifying for financing is important, keeping an apartment open as a housing option is equally important. You never know when your housing situation could change and you need to get into an apartment quickly.

3 – Repairing your credit will save you money

Did you know that when you have good credit, you will actually save money? Not only will you obtain better interest rates on loans, mortgages, and credit cards, but some companies will be willing to give you better rates as well. For instance, electric companies typically have a deductible that’s required when you begin a new plan with them. If you have good credit, this deductible will be waived completely.

4 – Strong credit will help you qualify for better interest rates

Do you currently own credit cards or are you thinking about taking out a loan? Did you know that if you repair your credit, you will be able to get a low interest rate? The lower your interest rate is, the more money you save. Repairing your credit is a great way to lower the costs of the financial assistance that you receive from banks.

5 – Credit will improve your financial standing

Credit is required for just about everything and if you want to improve your financial standing and be perceived better by banks, improving your credit rating is a must. A good credit score qualifies you for lower interest rate loans, larger loan amounts, and better repayment terms. If you want to make life easier on yourself, then it all starts with credit.

Binary Options, Easier Than You May Think

If you have traded in commodities and stocks, then binary options will be a piece of cake to you. It is similar to commodity and stock trading where you buy assets and sell them with the sole intention of earning profits. But there is one big difference.

Binary Options are much simpler than the other two forms of trading. There are only two outcomes – you have to choose either up or down, i.e., the value of the assets in which you are trading. Given below is a comparison of various types of binary options that are available to a trader in the market.

1. All Or Nothing Option or Digital Option – As you read above, there are only two outcomes when you trade in binary options – up or down. This first option will help you understand and predict the movement of the asset’s direction. You will be given a fixed strike price and as a trader, you will have to figure out the movement of the strike price – i.e. if the trading price at the given date will go high or low. If you are able to figure out the outcome correctly, then you will receive a predetermined payout and if you are wrong, then you lose part of or the entire invested amount.

2. One Touch/No Touch Option – This option allows you to set the barrier position, the expiry time and the payout that you will receive. As explained above, you can have only two options –either the price barrier is breached or it is not.

The payment in this kind of option depends upon the direction in which the price of the assets moves during their lifespan. So, the one touch or no touch option includes a price barrier. If the trade price just touches the price barrier at any given time during the lifespan of the option, then payment is made. In contrast, payouts occur when the trade price does not touch the price barrier.

So, this is a very beneficial option for traders who are of the belief that an asset’s price will exceed the barrier but are unsure of the sustainability of the higher price.

3. Double-One-Touch/Double-No-Touch Option – The double one touch and double no touch option are similar to the one touch option involving a price barrier. The difference in these two options is that instead of one price barrier as in one touch option, the double touch option has two price barriers. So here, two price barriers have to be or not to be touched. In case you are unable to touch both levels before the expiry time of the option, there is still the option of payment.

This option is exactly similar to one-touch option with the difference that it is slightly more expensive than the one touch on account of having two price barriers.

4. Boundary Option – This option makes an attempt to anticipate the final price of the asset by determining if it will fall within a certain price range or not. If you choose ‘in’ and the price chosen is within the given range, then you get the payment. If, however, it falls outside the range, then you lose the money.

Binary options is one of the most profitable forms of trading but knowledge of its various aspects is necessary to succeed. The one touch and double one touch options have proved that they are very useful to traders. Many traders use these options when they are sure of the price reaching a certain amount but are unsure of the amount. So, if you wish to trade in binary options, alone or with the help of a broker, you must have information so that you can earn maximum profit.

Tips for Finding a Fixer Upper Home

Many people are looking for a fixer upper home to invest in. This can be a great investment if the right home is found and is done properly. Before you start the process, sit down and write down what it is you are looking for in a fixer upper home. Then, when you are looking you can weed out your searches by the homes that don’t have the qualities that you want. It is also very important to ask the seller a lot of questions. There are many different things that you should take in consideration when you are looking for a fixer upper home. A couple of the things to consider are the location, foundation and the electrical system.

Location of the Home

The location will determine the resell or value of the home. If the area is in a growing and family orientated neighborhood, it will be worth more value than if it is in declining area. Location is also important for safety. Either if this home is for your family or a renter, you want the home to be in a safe and clean neighborhood. It can be a struggle owning a home that is located in area that isn’t in the best parts of the city.

Foundation and Roof

When looking for a fixer upper house, the main thing to look for is a home with a good foundation and the roof is in good shape. Many things can be fixed on a home, but the foundation isn’t one of them. If you are putting in the investment and work, you better have a good foundation to make sure all your work and money are worthwhile. Roof repairs can be very costly so it best to have an inspection and know what you are getting into before you purchase.

Electrical System Is Up To Par

After the foundation, the electrical system is the next thing to make sure is in working condition. If the home has a faulty electrical system; this can be some serious work and investment later on. It is the best to have a professional come in and check it out to make sure everything is working properly. The upfront investment on the professional electrician can save you a lot of money in the long run.

Take Lots of Notes

More than likely, if you are looking for a fixer upper home, you are looking at multiple homes. It is important to write down notes and the pros and cons for each home. Before you make your decision, look over your notes and decide which home is going to be the best bang for your buck and worth your investment in the long run.

Don’t Overlook Critical Illness Insurance

Critical Illness insurance is a product that is not very well known by the consumer and therefore is considered the most overlooked type of insurance that an individual may take out. Often referred to simply as Critical Illness Cover, this is an insurance policy that pays a lump sum of money to an individual suffering from a life-threatening disease that is listed in the insurance policy as critical illness.

Critical Illness Insurance will pay the cost of the medical treatment, but if you are actually suffering from a critical disease, your chances to get this type of insurance are practical null. This type of coverage involves a waiting time (called survival period) after an individual has taken out a Critical Illness insurance policy. Thereafter, if he or she develops a critical illness the insurance company will make the Critical illness policy effective, but this will not happen when an individual has a pre-existing medical condition or the critical illness occurs during the waiting time stipulated in the policy.

Do Not Wait Until Your Health Is Deteriorated

One main reason that Critical Illness insurance is often overlooked is the fact of thinking that this kind of coverage is only for people who are prone to get sick sometime soon or when a member of their families suffered from a critical illness that could be inherited. However, the true fact is that the best moment to take out Critical Illness Insurance is exactly when people are healthy, regardless their chances to suffer from a critical illness.

Nobody can predict what is going to happen with their life and even if their medical history and that of their family is excellent, a sudden injury at the work place could be the root of a life-treating illness that may cause the type of illness that this insurance covers. Therefore, getting Critical Illness insurance is protecting your family in case you could no longer work.

Full Payout for the Most Costly Illnesses

This is something that you should keep in mind; the insurance companies usually pay in full the cost associated to four critical illnesses that may come naturally with aging, living factors and even environmental conditions, no matter what your actual health condition are cancer, stroke, heart attack, and coronary artery bypass surgery. Now, you can see that being an individual with a fragile health is not a determining factor to buy Critical Illness insurance.

This is Not an Alternative to Life Insurance

Many people believe that a Critical Illness Insurance Policy will provide them with the same protection that a Life Insurance policy provides. However, this is a wrong perception. Critical Illness coverage is a policy that pays for those days that you cannot work due to a medical condition that requires specialized attention due to its critical nature, preventing you from working as you regular would.

It will not pay any proceed to a beneficiary nor funeral expenses, just the treatment of the critical disease based on the terms that are included in your insurance policy. Thus, it is advisable to buy Critical Illness insurance to extend the benefits of your life insurance policy, but not as a “stand-alone” alternative.

How an Encapsulated Crawlspace Saves You Money

Many homes in America come with a crawlspace under them, whether the owner wants them or not. Unfortunately, standard insulation does little to prevent moisture penetration, and the installed vents rarely remove enough water vapor to be effective. Therefore, many crawlspaces are inadequately proofed against moisture.
The Problem

Bare soil allows moisture to percolate through it and evaporate into the crawlspace. Poured concrete will do likewise if it is permeable. This results in the crawlspace becoming a humid environment. In some instances, the humidity may condense back into a liquid. If this moisture gets into wooden structures, such as the beams supporting your home, it can result in mildew and mold. This mold may give off spores, which can be harmful to you and your family’s health.

Crawlspaces can also harm your finances by increasing energy usage. They can make your home colder in the winter, and hotter in the summer. This will tax your home’s heating and AC systems as they attempt to warm or cool your home, resulting in higher energy bills.

The Solution

There is a one-time solution to all these problems; crawlspace encapsulation. This involves lining the floor, walls, and piers with a vapor barrier. This barrier will trap moisture in the surrounding soil, preventing it from entering the crawlspace. The ineffective vents will be sealed over to prevent damp outside air from flowing in.

The Health Benefits 

Encapsulating your crawlspace will bring a number of benefits to your health and the environment.
? Better air quality within the crawlspace, which results in better air quality in your living space.
? Reduced humidity in the living space, which results in greater comfort throughout your home.
? Prevents the musty smells that may emanate from a humid crawlspace.
The Economic Benefits
What’s more, it will save you money in the following ways:
? It will help keep your home cool in the summer, and warm in the winter, reducing the need for air conditioning and heating, thus lowering energy bills.
? It is a relatively simple installation that only needs to be done once. This saves on the time and manpower costs which come with repeat treatments.
? It will prevent rot and mold spores, potentially reducing medical and repair bills.
? Helps to prevent insect and vermin infestation, thus potentially saving money on exterminators.
? Helps to preserve the floor, HVAC equipment, and other elements of the crawlspace you may have installed, thus lessening costly repair and replacement bills.

The task of encapsulating your crawlspace is relatively straightforward, so you could conceivably do it yourself, however, many companies offer this service. This is a wise investment, as crawlspace professionals will be able to assess what needs to be done, and ensure it is done correctly, preventing the need for costly remedial works.

Energy bills have been rising steadily over the last decade and may continue to do so for the foreseeable future. Therefore, encapsulating your crawlspace now could be a very wise investment which will save you money in the long run.

How to Get a Million Pound Mortgage

Seven Figure Mortgages are in Easier Reach than You Think

The continuing strength of the property market means million pound houses are becoming the norm. And mortgages are growing to match

The idea of a million pound mortgage might sound like the sort of financial product that is only available to the rich and famous. But think again. There are more than 770,000 UK properties worth a million pounds or more, and the vast majority are owned by everyday hard working people.

The truth is that there is nothing extraordinary about million pound mortgages in the present landscape and there are more psychological barriers than financial ones standing between you and a house on Millionaire’s Row.

Work with a trusted broker

Any mortgage represents a big ticket purchase decision, and it is vital to carefully assess the different products on offer. Clearly, with a mortgage that runs into seven figures, this is even more important. Choose your broker with care, and he or she will help you navigate the different types of lenders that will be queueing up to offer you a million pound mortgage.

High Street banks

For most of us, the obvious place to go to get a mortgage is your high street bank, but you might think you need something a little more specialist for such a large loan. This is not necessarily the case. The banks have adapted with the property market and many conventional high street lenders are prepared to offer as much as £3 million.

The downside to this option is that they typically work on the same “check box” process for a £1 million mortgage as they do for a £100,000 one. There is usually very little room to negotiate, mortgages are generally limited to standard repayment models and they will struggle to accommodate unusual circumstances.

Still, if you have an exemplary credit rating, a sizeable deposit and a good monthly salary, the high street lenders can offer the most compelling choice, as they typically offer highly competitive interest rates.

Private banks

A private bank will offer a far more tailored, bespoke service and treats every client on a case by case basis. Private banks are not as intimidating as many people think, but they will want to engage in a full financial relationship with their clients that goes beyond simply providing a mortgage. The more closely you engage with them, for example by placing your assets or investments in their care, the better the deal you are likely to get out of them on your million pound mortgage. In this respect, they are the polar opposites of their high street counterparts. It is all about flexibility and relationships.

Building societies

Not every building society got swallowed up by the big banks in the 1990s, and there are still some specialists out there that operate in the middle ground between the above two options. Their rates are a little higher than the high streets, but they typically have more flexible mortgage products available. And signing up for one is a straightforward matter with no strings attached.

There are pros and cons to each of these types of lender, so take time to run through your financial circumstances with your advisor to understand which is likely to work best for you.