Time to Invest! 9 of the Very Best Gold Coins to Buy

If you’re looking to start investing in something, gold is a great choice. Gold coins can be valuable, especially when kept over time. They’re also great keepsakes to have around.

There are a lot of gold coins to choose from though, so how can you decide which is the best for you?

Here are nine of the best gold coins to buy this year.

The Best Gold Coins To Buy

When buying gold, you have plenty of purchasing options. You can’t really go wrong with any of these gold coins.

  1. One Oz Gold American Eagle

This is somewhat of an iconic coin, and you might recognize some of its imagery. On one size, Lady Liberty beckons. On the other, an American bald eagle swoops down to its nest. It follows gold indexes and it’s very easy to sell if that’s what you intend to do.

  1. British Gold Britannia

This British coin has a face value of £100. The makeup of the coins varies based on year, either 24k gold, or gold alloyed with silver and copper. Modern coins (minted after 2014) are printed with an added security measure: horses galloping across the edge.

  1. Canadian Gold Maple Leaf

This coin is emblematic of Canada, with the iconic leaf on the face. If you’re not ready to invest heavily, this coin is available in fractional sizes. It also has added security measures against fraud and fakes.

  1. American Gold Buffalo

Another American classic, this is not dissimilar to the Canadian Maple leaf in its quality or purity. They are 24k gold, and have rustic and irregular edges, making them a super unique find and some of the best gold coins to buy.

  1. Austrian Gold Philharmonic

These are the largest of the one oz gold coins. They can be easily purchased, so might be a good choice for first-time investors looking to break into gold. Their value may not be as high as some others, but they track with gold prices.

  1. Australian Gold Kangaroo

This is one of the more “fun” looking coins. These are very collectible and generally quite liquid. The artwork on them varies, making them a hot item for coin collectors.

  1. Chinese Gold Panda

The image on this coin changes yearly, making it another good collector’s item. It’s 30 grams, and only a certain amount are made yearly. This can be a great coin for investors and collectors alike.

  1. Somalia Gold Elephant

This 1oz coin also changes yearly, though on the rear-facing side. It’s available in fractional sizes, making it yet another great choice for investors just getting started. Finding the right buyer looking for the perfect year’s coin can be very profitable.

  1. Mexican Gold Libertad

This coin is made in one of the oldest North American mints, and it resembles the Mexican peso. It has a limited mintage and a beautiful design on the front.

Is A Gold Investment In Your Future?

Gold might be the best hedge against a stock market crash, so now might be the time to invest. It’s a great asset to have, and the coins themselves make wonderful heirlooms and keepsakes.

Investing in gold is an investment in your future, and these are some of the best gold coins to buy.

For more information and articles on investing, check out the rest of our blog. If you’re not investing yet, you should be.

The Most Common Types of Loans

There are numerous situations in which someone might require a loan. Some people might require a loan to make a major purchase. In other cases, people might need a loan to cover an emergency expense. It is important for everyone to understand situations in which a loan can be helpful.

A Personal Loan

One of the most common reasons why someone might contact Tribecca is for a personal loan. A personal loan is a loan that allows someone to receive funding for a personal need. For example, someone might have an unexpected healthcare expense and require funds the same day. This money might be needed to cover a visit with a specialist, an emergency operation, or a stay in the ICU. Sometimes, people might simply need funding to cover them until benefits from health insurance or a legal situation reach the account. In this situation, a personal loan can be helpful.

A Home Equity Loan

Another source of funding is to top into the equity that might be built up in someone’s home. If someone has been reliably paying off his or her mortgage for several years, there might be a significant amount of equity built up in the home. This is a great source of financial funding that might be accessible through something known as a home equity loan. The major benefit of a home equity loan is that the homeowner still retains ownership of his or her home. Then, the home equity loan can be paid back at someone’s convenience. This is a great way to tide someone over during times of financial hardship.

A Construction Loan

Finally, another popular loan that someone might need to take out is called a construction loan. This is exactly what it sounds like. This is a loan that is taken out to help someone finance a construction project. This might be a new building for a business, home repair, or even a renovation project. There are numerous ways someone might be able to use a construction loan. Due to the flexibility and versatility of this loan, this has become a popular option.

Take the Time to Find the Right Loan

These are only a few of the many loans that someone might want to take out. People need to take the time to find the loan that is right for their individual situations. Fortunately, there are plenty of options from which to choose.

Building your Dream Home? Solar Energy Options Make Total Sense

If you are in the enviable position of planning to build your dream home somewhere in Australia, you couldn’t have picked a better time for your project, as every Australian State is currently offering homeowners very attractive grants if they make the switch from National Grid electricity to the clean and renewable energy from the sun.

Single Investment – Continued Saving

While it is never going to be cheap to install a state-of-the-art solar power system in your new home, the state will certainly help you in that regard. The new home builders in Brisbane & Gold Coast, for example, would explain in great detail just how much of a grant you would receive, should you opt for clean energy solutions. Many Australian homeowners are reporting energy savings of up to 40%, and after a few years, the solar panels have been paid for and it is all savings from then on, with savings of around $2,000 per year on an average family home.

Flexible Options

You might, for example, wish to be totally energy independent by producing all of the energy you use at home, or you might prefer to still keep your electricity connection, to be used in the event you ever need it. Fortunately, Australia sees more sunlight than most countries in the world, so it is easy to remove yourself from the grid; plus, you can sell any extra energy you generate to a local company. The Australian government fully supports the use of clean and renewable energy by offering homeowners financial incentives when installing solar panels, so do mention this to the builder, who can quickly inform you of how much of a grant you will receive.

Major Components

The major components in a solar energy system are:

  1. Solar Panels – Fitted on the roof in a location where they receive maximum sunlight.
  2. Deep Cycle Batteries – These store the energy until such time as you need to use it.
  3. Invertors – They transform the solar energy into electricity.

The builder would be very knowledgeable about solar energy systems and can advise you on every aspect of the design, whether you require partial or complete clean energy.

Reduce your Carbon Footprint

It is a nice feeling to know that all the energy you are using is not the result of fossil-fuel burning – a major cause of global warming – and when you crunch the numbers, you will see a return on your investment within a few years. Solar power is the future and the best time to make the switch is when you are planning a new build, which would be subsidised by the state government, and this offer will not be on the table forever.

The builder you select for the project would probably recommend solar energy, as they are all too aware of the savings and the state grants, and with their help, you can have the perfect solar power system incorporated into the build.

Your Business Needs Its Own Credit: Why Establishing Business Credit Is a Must

Are you planning to borrow money for your business in the future? You might be surprised by your terms if you haven’t worked on building the credit for your business yet.

Most people know about their personal credit score. Unfortunately, the same isn’t true for business. An estimated 45% of business owners don’t know that their company has a credit score.

If you think that establishing business credit doesn’t matter for your company, think again. Below are four reasons why building credit for your business is worth the effort.

Get Better Interest Rates

The last thing you want is to get a loan and end up paying a lot of money in interest. If you have poor credit, that’s what will happen to you. You might be stuck with short loan terms to get better rates.

Having excellent credit means you can get better interest rates for your loans. You can go for long-term loans and not have to worry about paying a ton of money because of interest.

Don’t Prepay for Items

If you don’t have solid credit, it’s hard for lenders and vendors to give you money without anything upfront. This can lead to large upfront payments that you might not be able to afford.

Having high credit for your business can help you avoid these upfront payments. You can get your loan or products ahead of time and pay for it in the future.

Get Better Payment Terms

A lot of vendors don’t require you to pay for your products right away. Many of them have net 15 and net 30 terms. These terms mean you have time before you need to pay for your product.

If you have bad credit, you won’t have great terms with your vendors. Having excellent business credit means that your business has proven that it can pay on time. If a vendor sees this, they’re more likely to give you better payment terms.

Doing this means you don’t need to tie up your money buying product. You can focus on purchasing other items and pay for them at a later date.

Avoid Personal Liability

It’s going to be hard to find someone to trust a business that has no credit. This can cause problems if you need more money to expand.

If you’re in this situation, you aren’t out of luck. The problem is that you’re going to be guaranteeing your lenders personally. By keeping your business credit high, you won’t need to mix your personal and business liabilities.

Establishing Business Credit Is Worth It

You need every advantage you can get when it comes to your business finances. Establishing business credit is one of the best things you can do if you’re looking to get better deals. Make sure you start working on it today, so it’s ready in the future when you need it.

Are you looking for ways to improve the finances of your business? Head back to our blog to read our latest tips that will help you get your budget under control.

5 Ways to Reduce your Carbon Footprint at Home

We should all be looking at our lifestyle to see how we can reduce our carbon footprint and there are indeed many ways you can make a small difference. While one person won’t make much of a difference by switching lights off when not needed, a collective effort would certainly improve things, and with that in mind, here are a few ways you can help the environment.

  1. Exterior Lighting – If you search online, you’ll find suppliers of solar powered LED garden lighting, which is a great way of saving energy, plus you don’t have to turn the lights on; they come on automatically when the light reduction reaches a certain point. You can also install motion sensors and that means lights are only on when people are around.
  2. Extra Roof Insulation – A simple, yet very effective way to reduce your energy use, the added layer of insulation will help to retain the desired temperature, which will certainly save energy. Your local roofing contractor would be happy to install a layer of composite insulation, which will make all the difference for a small investment.
  3. Continuous Flow Hot Water – Also known as ‘water on demand’, this system does not require a water tank, rather it heats the water as it passes through the pipes, giving you all the hot water you need. The amount of energy that is wasted when you keep heating a whole tank of water is considerable. Talk to KBC Plumbing Albury-Wodonga branch, who would be happy to send a technician to your home where you can discuss the many options.
  4. Solar Power – Tens of thousands of Australian homeowners have discovered the many benefits of the clean and renewable energy the sun provides, and for an initial investment of a few thousand dollars, you can save as much as $2,000 per year. Aside from these huge savings, you are greatly reducing your carbon footprint, and are no longer dependent on the huge energy corporations.
  5. Double Glazing – A sizeable investment yes, but it will pay dividends in the long run; the amount of heat transfer through a single pane of glass is significant and almost 50% of your exterior surfaces are glass. The sealed unit is filled with argon gas and this makes a very effective barrier to heat transfer, thus saving your air-conditioning and HVAC system from working too hard, and each unit is tailor made to fit the opening, ensuring a perfect fit. Some homeowners claim double glazing saves up to 40% of their annual energy consumption and that is a saving worth making.

With the emergence and development of solar power, we will soon be able to switch from traditional energy to a clean and renewable source that will not harm the environment, but until that day arrives, the above ideas will certainly result in reducing your carbon footprint. The Australian government is very much behind the initiative to stop using fossil-fuel energy and will give homeowners a grant if they convert to solar solutions.

The Costs Of Opening A Takeaway Business

If you’re looking for new ways to make money, the good news is that there are a wide range of options available to you. Some people like to create a new product while others like to open a store that sells the products that others have made.

One of the common money-making strategies, though, involves opening a takeaway business.

If you’re interested in taking this route yourself it’s important to be prepared, so let’s take a look at costs and considerations you need to be aware of.

The Location

The first cost that you are going to encounter when you are opening your own takeaway business is the cost of the place that it will be based. You might need to rent out a property or buy it if you can afford to do so. You’ll need to find somewhere that is reasonably priced but is also in a good location in terms of footfall. Takeaways often work well in residential areas, so you shouldn’t feel like your have to limit your options to a town centre or major thoroughfare.

Takeaway Insurance

Another thing that you will need to think about when you are opening your takeaway business is the cost of the insurance policy. Takeaway insurance is relatively easy to come by but it can be quite expensive. This is why you need to make sure that you are comparing quotes for the best takeaway insurance policies and that you understand what is included. Each takeaway restaurant is different, and your insurance needs to be tailored too, so make sure to find the right one for you.

Hiring Staff

The cost of staff is one that you are really going to need to think about if you want your takeaway business to succeed. While you might find yourself working in the business, you will still need others to work when you are not there or to help out when things get busy. You’ll need chefs or cooks as well as counter staff, so make sure to spend your money wisely when hiring.

Cost Of Ingredients

A further cost that you are going to need to consider when opening a takeaway business is the cost of the ingredients that you are going to use. While you might want to make sure that you have everything that you need and offer high-quality food, you also need to think about the cost. If your business isn’t too busy on certain days, ingredients can go to waste and this will affect your profits. Make sure to figure out the cost of ingredients before you order any.

Advertising

In many local areas in the UK, there are plenty of takeaways to choose from. This is why advertising is important for these kinds of businesses to succeed. Whether you choose to go for a digital marketing campaign or you send out leaflets locally, you should find that this will eat into your budget. Make sure to account for this in the initial stages.

If you are planning on opening a takeaway business in 2020, you should make sure to consider all of the costs that we have discussed here in this article.

How to Get Out of Credit Card Debt Without Ruining Your Credit

Did you know that the average American has around $38,000 in personal debt? Do you feel like you have been drowning in debt lately? If you are part of this statistic and are looking for how to get out of credit card debt without ruining your credit, you are in the right place.
Keep reading to learn more about how to tackle your debt ASAP!

Debt Consolidation

Finding a debt consolidation company is a great way to pay off your debt without worrying about ruining your credit. There are different companies out there that will consolidate your debt into one making it easier to handle everything you owe with one payment vs a few different payments. This is a great method if you are able to get a debt consolidation loan that has a lower interest rate than your current credit cards. If you are looking for options check out all the debthunch reviews to see if debt consolidation is a good option for you too.
Another way to consolidate debt is to take out a personal loan. A personal loan typically has a lower interest rate than a credit card does. Make sure that before you commit to a personal loan the interest rate is lower than all of your credit cards before signing anything.

Ask for Lower Interest Rates

Sometimes credit card companies might lower your interest percentage one or two points. This can add to up to hundreds when you do the math. Call each credit card issuer and ask about lowering your rate. If you have been a long term customer that has been making payments on time and have a good credit score, they will more than likely say yes.
If you have recently been offered a lower interest rate by a competitor you can ask if they will match it. Depending on the credit card company they might match that offer.

More Minimum Payments

Usually, with a credit card company, you are charged interest daily which means that the sooner you make a payment the less interest you will pay because your average daily balance goes down. Instead of paying one minimum monthly payment pay two payments in the same month. You would be surprised at how many years this will knock off your pay off date. For those on super tight budgets making a payment of the minimum due every two weeks is the way to go.

Now You Know How to Get Out of Credit Card Debt Without Ruining Your Credit

Learning how to get out of credit card debt without ruining your credit is the first step, the next step is to take action. Start applying everything we shared above and soon you will feel the weight lifted off your shoulders.
Did you enjoy our article? Please bookmark our site and check back often for all things finance!

7 Pitfalls to Avoid in Real Estate Construction

Building a home is a time-consuming process requiring plenty of planning and proper decision making. Any wrong homeowner decision is irreversible. Careful planning is, therefore, needed when it comes to designing, sourcing, and executing. If you are building your new home, then some errors must be avoided. Before finally constructing a home, you should get proper quantity estimation, construction takeoff, and other relevant details so that you make better decisions. Residential estimating services can help you easily undertake every step of the construction.

Real estate construction is no joke. It pays off, but you should be careful to avoid some pitfalls when opting for real estate construction. If you aren’t prepared, creating anything from nothing may become a terrifyingly messy process. Huge infrastructure programs arrive with a typical collection of concerns. And keep an eye out for these pitfalls which ruin the project. Here are the top 7 pitfalls to avoid.

Create Accurate Drawings before Starting

You cannot begin anything blindly. You cannot go into war without equipping yourself with the right weapons. Well, accurate drawings are the best tools in your arsenal when it comes to real estate construction.

Get accurate drawings from the architect and start planning the construction. Get quantity estimation, construction takeoff, labor costs, and everything else related to the construction beforehand. Get the accurate drawings so that you know what will be constructed, how it will be created, and exactly where it will be created.

Calculate A Budget to Make Educated Financial Decisions

Without a proper and carefully finalized budget, your construction will never be successful or never be hassle-free. A budget allows you to make wise financial decisions.

Get help from a professional to help you make a robust and well-calculated budget for your upcoming construction project. Moreover, you should also be ready for unforeseen costs and additional costs. These will go beyond the previously calculated budget.

Preparation for additional costs is necessary, and it is only possible when you already have a budget to help you make a decision. Regardless of how carefully you prepare the building of your new home, there are risks you will have to pay unexpected and unpredictable expenses.

Problems like dry rot, damage of the termite, and bad soil will add up to your expense. In case your order materials get lost in the transfer, it is essential to clarify with your contractor as to who will cover the unexpected costs. Inquire about the price of distribution too. This will all be handled if you have a calculated budget.

Obtain Bids and Negotiate with Contractors

The real estate is a considerable expense for any individual, whether you own it or rent it or want to construct everything from scratch.

If you are preparing to reshape your house or to build a new building, the expenses may skyrocket without giving you a chance to get back on your feet. Proper construction costs money, but that’s no reason to throw away money by not organizing correctly or bargaining with your contractor. Obtaining bids and negotiating with the contractors is the best way to ensure that you will not have to stretch your financial budget for the construction.

Get bids from a lot of contractors, sub-contractors, and general contractors. Compare the prices offered by different contractors and then choose the lowest one. Take a look at the provided quantity estimation, Construction takeoff, and other helpful elements of the bids. Once you have finalized on one bid, it is time to negotiate with the contractor. Construction estimating firms can help you create a budget to get everything ready.

Prepare a Profit/Loss Analysis

As someone constructing real estate properties, you need a declaration of profit and loss that conveys details in a way that will describe how much you make as a benefit.

The best format is a declaration of construction profit and loss analysis, which describes contract proceeds, direct costs, indirect costs, and overhead costs.  This model fits very similarly to the calculation design of most smaller construction companies. With the help of this analysis, you will be able to understand whether you are losing money on the construction, or actually earning some benefit with this construction.

At the end of the day, it’s about the profit that you’re making with your real estate construction. The profit and loss analysis report should show where the issue resides and where the most reliable output occurs.

Value Engineering

The recently famous term value engineering (VE) is prevalent in the building and real estate construction sectors. It refers to a structured and coordinated method designed to provide all necessary project functions at the lowest possible cost.  Options for cost reduction are investigated and discussed through a community review, without sacrificing efficiency, price, health, or design purpose.

The term value engineering often causes stress and discomfort with a project team since everybody wants the best delivery possible. If you are looking for flawless real estate construction without a lot of surprises, you need to focus on value engineering in every possible way.

Correct Way to Issue Contracts

So, you have finally set out to build your own house and dabble in real estate construction. You’ve picked the style, looked at construction takeoffs, and chosen all the finishes and fixtures for the house. The builder has stated there is only one more thing to take care of, and that is signing the contract to build.

It’s vital that you study and carefully review the document before you agree. The contractor will not inform you that, but you may also want (and you are allowed to) discuss other terms of the contract with a professional. Figure out the best way to issue contracts and get it done right.

Conclusion

Real estate construction is not an easy job, and you need to take a look at every aspect of the situation before you finalize it. Look at the bids, get a well-calculated budget, compare the prices, look at the contract, talk to a lot of people, and negotiate with the contractors. This is the best way to deal with any real estate construction project and get it done right the first time.

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