Sunday, March 31, 2019

Cost of Living Analysis

Cost of Living Analysis

If you've ever moved from the Midwest or the South to either coast, you realize just how different the costs of day-to-day living can vary among various U.S. cities. Many transplanted families pursue cross-country moves with the knowledge that their new hometowns will be more expensive. And many employers recognize that impending cost-of-living increase with a "cost-of-living allowance" -- a slight raise in salary so that an employee may maintain his or her current standard of living without having to tighten the purse strings upon arrival.

Nevertheless, no matter how prepared you think you are, you are in for sticker shock, Your grocery bill suddenly increases dramatically ... and yet you haven't bought anything out of the ordinary from your usual fare. You can spot disparities in the simplest of items. A six-pack of soda, for example, might cost $1.50 in the South, or perhaps $.99 during an occasional sale. That same six-pack can cost you as much as $3.50 or more in major East Coast cities such as New York or Boston. Your favorite fast-food haunt in Chicago might charge you $3.59 for a burger that costs you $4.59 in Seattle. If you're moving to a major metropolitan area, you could face steep parking fees, higher rent, an increase in taxes or other penalties. So many individuals and families on the move never stop to consider what the cumulative effect of these cost-of-living increases will be on their overall standard of living.

You can, however, do a little preliminary homework and determine what your living expenses are likely to be in your new hometown -- and how much higher or lower they'll be than your current ones. Of course, you can head to the library or bookstore and explore titles on the subject, but the Web is probably your fastest and most convenient resource. Many sites are dedicated in part or in full to this subject.

It hardly bears repeating, but the cities of San Francisco and New York take the cake for ranking among the country's most expensive. Ever talked to a friend who lives in one of these cities? Guaranteed, you'll feel better about your own increasing rent. Countless apartment-renters in these cities and others pay exorbitant rents and yet still continue to haul their laundry to a local Laundromat because they either aren't provided with laundry machines in their units or even in their buildings. Such inconveniences make it imperative that you determine to the best of your ability how much money you'll need in your new hometown to maintain your current standard of living -- whatever that might be. That preparatory work will go a long way toward decreasing the stress surrounding your move. And if you're negotiating a cost-of-living increase with your employer prior to a transfer, doing your research is worth the effort.
(See Virtual Relocation's Relo Smart)

While cost-of-living Web sites are many, they're not all created equal. Many cost-of-living comparisons fail to take into consideration the effect that changes in income, housing quality and/or size of household will have upon the availability of disposable income. An organization called Runzheimer International, which specializes in this very subject, recommends that consumers take into account four primary factors when considering cost-of-living changes: housing, transportation, goods and services, and taxes.

Each one of these factors contains subcategories. For example, housing includes rent or mortgage payment and interest, as well as real estate taxes, home insurance and maintenance. Goods and services is inclusive of a near-limitless array of subcategories, including clothing, medical care, recreation, restaurants, groceries and more. Transportation includes not only the expenses involved in owning one or more cars; it also includes your car insurance and registration fees, taxes, gas, maintenance, tires and more. Transportation also might include bus fees, subway token fees, toll charges, ferry charges or other related costs. And your taxes could include a myriad of charges: sales tax, property taxes, state income tax, local taxes, Social Security, and more.

A cost-of-living analysis can certainly be an eye-opener for any prospective transferee. And the reality of how much bite it's going to take out of the budget causes many employees to decline the offer of a transfer (if, indeed, it is an offer as opposed to a command). Aside from cost-of-living concerns, other reasons why prospective transferees decline a move include top nine reasons offers are refused. Children, and the emotional impact that a move could have upon them, are a common reason for declines, followed by disinterest in moving to a new location (and loyalty to one's current hometown), a conflict with one's spouse or partner over employment issues and concern about the effect that the transfer could have upon one's career in the long term.

Runzheimer International conducted a 1998 study with some fascinating results. The organization found that married employees refuse transfer offers more often, as do employees with children, females, employees who are homeowners, employees over the age of 40, single parents and/or primary caregivers, and employees who have spent less than seven years at the corporation at which they are employed. Approximately 83 percent of the employers analyzed in the study claimed that they selected transfer candidates based solely upon their job performance and not on their "demographics" -- in other words, the above-listed personal characteristics and family structures. Seventeen percent of employers said that they did, indeed, take demographics into consideration when selecting candidates for a transfer. Such personal considerations, of course, are much easier to account for when one is employed by a smaller, more tight-knit organization. While larger corporations certainly maintain files on their associates to which human resources representatives may refer during any transfer candidate selection, if an organization is closer-knit, allowing employer and employees frequent interaction (social as well as professional), it's more likely that an employer will take demographic characteristics under consideration when it's time to select transfer candidates.

After doing your homework, you've determined that your salary (see The Salary Calculator) won't allow you to maintain your current standard of living in your new hometown (even if you were offered an increase), you can certainly negotiate for a raise. Many employers will value open communication during this process. Your honesty will help them with the transfers they try to negotiate in the future with other employees. As we enter the year 2000 and head into a new century, employers are realizing they're going to have to sweeten the pot, so to speak, more than ever before in order to warm their employees up to the idea of a transfer. Family-friendly policies being instituted in workplaces nationwide are representative of a growing national shift in priorities -- the recognition that life has to find a careful balance between work and home. Employers increasingly are providing financial compensation, as well as job-finding assistance, for spouses who may have a gap between the time they sever current job ties and attempt to establish new ones in their new hometown; financial bonuses and other compensation (for example, a certain amount of free trips back to their hometown each year at the expense of the company, which is particularly common in the event of an international transfer); and a broadening of the definition of who is eligible for transfer compensation packages (for example, same-sex partners). Employers also are increasingly turning to consulting organizations to help determine how to best compensate their transfer candidates.

But while many employers are doing their homework, you can't always count on it. So do yours; it's a good insurance policy for you and your family. After all, it's much easier to negotiate additional assistance, financial or otherwise, prior to a transfer instead of after a transfer. Get on the Web, do a search on the subject, and head to your library, as well. Talk to your friends and fellow associates who have experienced transfers. Lay your cards out on the table, and be honest with your employer. It can make the difference for both of you.

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Saturday, March 30, 2019

Entrepreneurial Start tips

Entrepreneurial Start tips

Entrepreneurial Start tips - Many people want to start self-employment, this is great. When talking about business, this means we also talk about money or finance. An attempt will work well if the current in the matter of finances. The term cool the cashflow or cash flows. Problem of venture capital, how much venture capital, will be exhausted too if there is no good cash flow. Need to manage the flow of money so good for a business. Well, to start training for an aspiring entrepreneur or a new entrepreneur, what can be done? An aspiring entrepreneur can begin to manage personal finances. Problem manage personal finances, it’s really important.

How to manage personal finances, unfortunately not taught in college. A student majoring in economics are taught to make the financial statements or financial journals company of others, where he became a worker in it and not taught how to make financial reports as appropriate he was an owner of the company. This lack of college education system. Students are educated to be an employee who worked on the company’s financial statements, financial statements would not create a company that he will wake up.

Regarding finance, the audience can begin to manage personal finances, how to manage the salary earned money more wisely. The money will be good friends if managed properly. The money will be doubled if managed intelligently. Regarding the technical and how, will I share in the video package module successful entrepreneur as an additional package of 12 videos that already exist.

The core success in managing finances is located on your commitment. By starting to make a personal financial statement and personal financial management, a prospective entrepreneur would get used to it make financial reports in a larger scope and manage the financialmanagement company that he built later.
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Thursday, March 28, 2019

How Much Rent is Too Much Rent?

How Much Rent is Too Much Rent?

You want what every apartment renter wants: the most comfortable surroundings you can get for the lowest possible monthly rent. Some of today's newly constructed apartment communities have taken luxury to an entirely new level. Some complexes have gas fireplaces, TV monitors by the front door, drive-through mail service, and office equipment for their tenants, among other creature comforts. Every renter has to consider the importance of amenities like these. Are they important enough to you to merit a rent increase of perhaps $200 more than the rent you pay now, at a modest yet affordable complex? While some of us consider an apartment as just a place to hang one's hat, others place a premium on home surroundings. But how do you determine how much you can stretch your budget -- without ending up in the poorhouse in the process?

One suggestion, provided by Metropolitan Life Insurance Company, is to spend no more than 25 percent of your monthly gross income on your rent. For example, if your annual salary is $30,000 per year, or $2,500 per month, you shouldn't plan to spend more than $625 per month on rent. And although it goes without saying, it's important to remember that the extra money you allocate for rent in a slightly more upscale complex means less money for your other expenses -- utilities, loan payments, entertainment, food, and most important, savings.

Here's a short checklist of factors, provided by Florida-based Apartment Hunters, that you'll want to consider when checking out a neighborhood. Of course, some of these factors may mean more to you than others, and you may want to consider some additional factors of your own.

  • Is it close to your place of employment?
  • Is the neighborhood safe?
  • Is it close to a good school system?
  • Is it close to your church?
  • Is it close to stores, banks and the post office?
  • Is it close to public transportation?
  • What are the parking regulations (if you own a car)?

First-time apartment renters share one thing in common: surprise at just how many hidden expenses they encounter. Hiring movers and paying your first month's rent only represent two small pieces of what can be a rather expensive pie. In addition, you're going to be subjected to a credit check, and you're required to prove that your gross monthly income is at a certain level, in order to provide your complex with some degree of security that you can pay your rent each month. So if you've overestimated your financial abilities in the past, either failing to make rent payments or credit-card payments, now is the time when that history could come back to haunt you. Here's a brief run-down of some of those hidden expenses -- and pre-move procedures -- of which many renters either aren't aware, or that they overlook in the excitement and bustle of moving:

Security deposits. Security deposits range from $100 to a full month's rent; the average deposit is approximately $250. Some apartments require separate deposits for roommates. Credit application fees are generally $10 to $35.

Verifiable income. Verifiable gross monthly income is at least three times the monthly rent. For example, a rent of $500 would require a minimum of $1,500 gross monthly income.

Credit check. A credit check will be conducted by the apartment community or management company representing the community.

Rental history. Any previous rental history will be verified, and mortgage payments may be included as rental history. Additionally, some communities are also conducting criminal background checks.

Leases. All apartments require a written lease. Lease terms typically are seven to 12 months. Most leases are written for 12 months. Shorter lease terms and month-to-month options often are available at premium rates.

Utilities. You rent will often include sewer, water, trash, and pest control. Gas and electricity are almost always paid separately by the tenant.

Pet deposits. Although many apartment complexes allow pets, they require residents to pay dearly for the privilege of setting up house with Fido. Pet deposits are stiff, and tenants are charged per pet. Deposits range anywhere from $100 to $300 per pet, and either all or a portion is nonrefundable. Some complexes charge additional rent for pets -- on top of the deposit. Pet size is commonly restricted to 20 pounds and 12 inches in height, although some communities do allow larger pets.

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Wednesday, March 27, 2019

When Renting Is Better Than Buying

When Renting Is Better Than Buying

If possible, it is ALWAYS better to buy than to rent. Right? Perhaps Not.

No one will deny that owning your home is a big part of the American Dream. It is also a goal that most people, rightfully, strive to attain. Home ownership can provide substantial financial rewards, afford tremendous peace of mind, be the source of immense personal pride, and greatly add to a person's general well-being and quality of life.

Having said all that, there are still certain times, and certain situations, where renting may be a far more viable option than buying.

You Should Consider Renting Instead Of Buying A Home When:

You Know Your Time In An Area Is Very Short.

If you know, for a fact, that you going to leave an area in two years or less, than the costs associated with buying and selling real estate might not only eat up any profits gained by appreciation, but may even cause you to lose money. Having said that, a viable option might be to purchase a house you would want to hold as an investment property. When doing this, buy a house that makes economic sense for you as a future landlord, not as a home owner. This may mean purchasing a townhouse or condo instead of a single home , or it could signify buying a smaller, less expensive home.

Your Financial Situation Means You Will Be Totally Strapped For Cash.

Stretching your qualifying limits can be a good thing for some buyers, in certain situations and markets. However, generally you should avoid any scenario that places you in jeopardy of finding yourself under serious financial strain. The bottom line is this: while some buyers can qualify for a loan by moving heaven and earth, conventional wisdom shows that they probably should not. A better option would be to test the waters. Spend at least a few months living as if you had already taken on the more strenuous financial obligations a mortgage payment would create. If you can do this (without a lot of stress), than you have a win-win situation. You will have saved extra money for your down payment, or your "cushion", and you will have gained an added measure of confidence in your ability to handle increased obligations.

Your Relationship With A Co-Buyer Is Not On Steady Ground.

Here's a word to the wise. If a couple is experiencing marital problems, buying a house is probably not going to solve their issues. What it will do is complicate the divorce process, should this be the unfortunate outcome. A better option for a couple might be to use the occasion of a mutual desire to buy a house as an opportunity to sit down and work out their problems, if possible, first.

Buying a home is (or should be) one of those high points in life. It should be exciting and wonderful and full of promise. With a little advance planning and forethought, it can be all that and more.

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Marketplace Overtaking Rent Control

Marketplace Overtaking Rent Control

Marketplace Overtaking Rent Control - Rent control is one of those concepts that seems like a good idea, at least until you think about it for more than 60 seconds -- an unusual event in an era of bumper-sticker philosophies and instant analysis.

The modern rent control era began with the federal Emergency Price Control Act of 1942. Such legislation was enacted while the country was at war both in Europe and Asia, and there was a need to prevent profiteering at home. Once the war was over, the need for price controls went away -- except for rent control.

In 1946, for example, despite the fact that we won the war and no emergency was in sight, the "Emergency Housing Rent Control Law" was passed in New York state, and that law still represents the basis for the control of more than 1 million rental units in New York City today.

Rent control regulations also arose in other jurisdictions, often because of concerns that tenants would be "abused" by "greedy" landlords and -- not incidentally -- because the number of tenants greatly exceeds the number of property owners, an important matter when it comes time to vote.

But rent control is wrong precisely because it hurts the people it is allegedly designed to protect.

Let's assume that people are economically rational. Thus, if you had money to invest, you would weigh such matters as risk, possible appreciation, and personal preferences as you decide where to put your money. You might see, for example, that there is no limit on stock profits -- profits which can often be made higher by downsizing and moving production overseas -- but income restrictions on real property in rent control areas. Being sensible, you would likely invest in securities rather than local communities.

If enough people make such decisions, money will pour into the stock market and realty demand will wane. The result will be fewer rental units than might otherwise will be built. Given less supply and a growing population, the natural result is higher rents -- precisely the opposite goal of rent control.

But not only does rent control turn economics upside-down, it is terribly irrational for other reasons.

First, if we impose rent controls we limit property owner income. But we do not limit costs for repairs, utilities, management, appliances, or other expenses. And certainly we don't limit tax increases, the mother's milk of big government. One is temped to suggest some linkage, say an increase in rents that is directly proportional to the growth of government budgets....

Second, we do not show equal concern for the poor in other areas. Imagine walking into a supermarket redesigned with price controls in mind. You could buy apples at, say, 69'¢ a pound -- but only if you earn less than $15,000 a year and have four or more dependents. Those in higher brackets would pay more. Rather than a single price for each item, there would be a spreadsheet where your price would be determined by the item being bought, your income, age, dependents, and other factors. And naturally, we would need lots of inspectors and regulations to make sure those pricing notices conform to appropriate guidelines.

Third, we now discuss the U.S. Constitution almost daily and how it might apply to current events in Washington. The Fifth Amendment, in words everyone can understand, plainly says that the government cannot take your property without just compensation. And that's exactly what rent control is -- a "taking" that arbitrarily deprives landlords from receiving income they would properly earn in a free marketplace.

The good news is that more and more states are prohibiting rent control. There's more work to do, but at least we're heading in the right direction.

Question Of The Week

Q We have been advised that a land contract can be used to avoid the due-on-sale clause for an existing mortgage. Is this correct?

A This is a debatable issue.

Most loans today contain a "due on sale" clause which provides that a lender may call a loan under certain conditions such as an ownership change. This clause prevents loans from being assumed by borrowers unknown and not qualified by lenders.

A "land contract" is an installment sale where title is not transferred until some or all payments are made.

Some attorneys -- and certainly most lenders -- argue that a land contract can set off a due-on-sale clause because the borrower has given up possession of the property and the right to future appreciation.

Others say that until there is a transfer of title lenders cannot accelerate loans when a property is purchased with a land contract.

There is also the practical issue that if a loan has a sufficiently high interest level and payments are timely and complete, a lender may not want to call a loan even if it has the right to do so.

The view here is that one should not suppose an installment sale can prevent a lender from calling a loan. Land contract rules differ by state, not all loan agreements have the same terms, different conditions may apply to FHA and VA financing, and being wrong could be costly and terribly inconvenient. Before signing anything, please speak with an attorney in the state where the property is located.

Weekly Resource

One of the best sites online for legal information is Findlaw. In addition to a variety of useful features, Findlaw offers an excellent review of the anti-trust allegations facing Microsoft, including an extensive link collection.

by: Dan The Roommate 
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Tuesday, March 26, 2019

To Buy or Rent For Your College Student

To Buy or Rent For Your College Student

September always means Back To School, and for thousands of families it also signals Off To College. In addition, more and more young people are opting to continue their education with post-graduate studies.

Once a student is past the Mandatory - Freshman - Year - In - The - Dorm Policy that many colleges have, parents face an interesting dilemma: should they continue to shell out rent, or considering buying a property for their children to occupy while attending school?

Here is a TRUE Story.

In 1994, A young man decided to attend North Carolina State University. He enrolled in a combination Master/Ph.D. program. This meant he would be in Raleigh, NC for the next four -six years. After investigating the rental options in the area, his parents decided to help him purchase a townhouse.

This was the deal. A 3 bedroom, 2'½ bath townhouse in close proximity to the school was bought for $72,500. Because the young man would occupy the property, he qualified for a minimum down payment, FHA mortgage. Because he had very little income of his own, (a small living stipend offered by the University), he needed his parents to co-sign the mortgage. The total outlay of cash (down payment and closing costs) was approximately $5000, which the parents provided. The total mortgage payments were around $760. With the help of a local rental agent, the young man was able to quickly identify two other graduate students who wanted to share the house. They each paid $400 a month, and all shared the utilities.

Fast forward four years. It is now 1998. The young man has lived virtually rent free during this time. From his living stipend, he would even have been able to re-pay his parents the $5000 they invested. (Note the use of the phrase "would have been able to". Since this a TRUE story, the truth is - he didn't!). Almost four years to the date that the property was settled, the young man had the townhouse appraised. The appraisal revealed a value of $98,000!

Partially because he didn't have to worry about moving, or fret about uncooperative landlords, the young man did well in his studies. He now looks forward to graduating with his Ph.D. in the near future. Thanks to his ownership of the townhouse, he has also established a good credit history, learned some valuable lessons in responsibility, and earned a whooping $26, 500 in appreciation!

This TRUE story reveals the distinct advantages to buying, as opposed to renting, for students. It also illustrates the factors that should be present to keep such a purchase from becoming an abject failure, instead of a resounding success.

Before You Buy For Your Student, Ask Yourself:

Can my child handle the responsibility of ownership? This is more often a question of maturity than an issue of chronological age. Some students are perfect for this arrangement at twenty, and some are not ready by thirty!

Does the city/town where the school is located have suitable housing, at a reasonable price, to purchase? If your child is attending N.Y.U. and wants to live in Greenwich Village, you probably are NOT going to make the numbers work!
Is property appreciating in the area; is this a "hot" location? With Raleigh recently rated #2 among southern cities, it is easy to see why this townhouse rose in value.
Will there be a steady supply of good tenants? If quality student housing is in short supply, then chances are excellent that the unit will never be without a good tenant.

If the answer to all these questions is "Yes", then you might do well to examine this option. Beginning the process is quite easy. Search the web for a good agent from that area, explain your goals, and leave the rest up to your real estate professional. If you've made the right decision and found the right REALTOR'®, you won't be the first parents this agent has helped.

 by: Dan The Roommate
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Renting Vs Buying: Pros and Cons

Renting Vs Buying: Pros and Cons

Realtors have benefited from a new variety of homebuyer in today's market: the young, single professional. It used to be that most single men and women resigned themselves to a somewhat transient, short-term renters' lifestyle until Mr. or Ms. Right came along. That's not the case anymore. With more and more people delaying marriage until their careers have assumed the direction they wish to take -- and due to the fact that a greater percentage of young people are financially independent and quite successful -- single professionals are changing from renters to buyers.

At the same time, however, many renters are content to stay that way. Although buyers will talk your ears off about the advantages of permanency and ownership, diehard renters enjoy the freedom their lifestyles provide. From hassle-free maintenance to the record number of luxury amenities present in new properties, many renters are perfectly content to stay that way.

However, the majority of people, whether single or married, will at some point ask themselves, "Am I ready to buy?" Buying one's first home is a major step for anyone. Is there a "perfect" time in one's life to make that transition? What are the advantages and disadvantages associated with renting and buying? Each one has its pros and cons. The following list can help you consider the inherent hassles and positives of both.

Renters ...

  • Don't gain equity; nor do they lose it. Regardless of what improvements renters make to their homes -- and regardless of any outside influences that would cause the property value to increase -- renters will never gain equity.
  • Don't have to put down as much money up front.
  • Reap no tax advantages. Any and all tax breaks and other tax-associated advantages are enjoyed by landlords.
  • Enjoy the assurance of fixed costs that won't fluctuate during the term of a lease. The lease is a contract -- an insurance policy, so to speak.
  • Often cannot personalize their homes as they see fit. This includes such modifications as painting walls (some landlords will allow renters to paint their walls only if they paint them white again before they vacate their homes).
  • Can merely pack up and leave upon the expiration of their leases. They don't face the hassle of finding a buyer and waiting until a sale takes place.
  • Face much less work in maintaining their homes, inside and out. In many multifamily properties, they enjoy the convenience of a full-time maintenance staff to handle appliance repairs and other minor repairs.

Buyers ...

  • Often gain equity. However, they can also lose it. Their equity can also remain static.
  • Must go through the process of selling their homes and finding a buyer, either with a Realtor's help or not, if they elect to move out of their homes.
  • Must put down a greater amount of money (a substantial downpayment) than a renter, who merely pays a security deposit and first/last month's rent.
  • Are subject to variable costs in the absence of documentation that keeps costs fixed.
  • Must either perform maintenance/repairs on their own or using the services of a professional whom they hire and pay themselves. Buyers are fully responsible for any and all repairs. (Note: One exception would be some planned or gated communities, in which residents pay a maintenance fee for the convenience of having yardwork and general maintenance performed by a full-time staff of servicepeople.)
  • Are free to paint, redecorate and remodel their homes as often as they wish.
  • Enjoy the tax breaks and other tax advantages associated with homeownership.
  • Build equity regardless of whether the value of their homes increases over time.
  • Eventually own their homes and are free of a monthly mortgage payment.

This direct comparison clearly shows that neither buying nor renting is the "perfect" choice. Depending upon your lifestyle -- including such factors as the stability of your career, how often you travel for business and whether or not you plan to reside in your current hometown for a long period of time -- either choice has plenty of valid advantages. The multifamily housing market has exploded nationwide during the last decade, offering renters more advantages and more amenities and more flexibility in housing styles than ever before. And yet, the dream of homeownership is firmly implanted in the minds of most Americans. It's a worthwhile and significant achievement to be sure. Thanks to the success of the multifamily housing industry, however, renters no longer have to resign themselves to cookie-cutter accommodations until the dream of homeownership is within their reach -- that is, if they ever choose to reach for it.

By: Dan The Roommate. Need help? Contact him at 800-487-8050 
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Rent Late? Don't Jump to Conclusions

Rent Late? Don't Jump to Conclusions

As a landlord, you are financially dependent on your tenants. When a tenant fails to turn in their rent payment on time, you have to worry about making your own mortgage, rent and utility payments. Being put in this situation is frustrating and sometimes angering, but before you take legal action, evaluate the situation. Perhaps your tenant is going through some hard times. Don't want to jump to conclusions, offend the tenant and then needlessly lose their tenancy. It's important that you understand why the rent is late.

Imagine this scenario: You've been trying to contact your tenant for a week. You've gone to the apartment at all times of the day, phoned, left notes on the door, and still have heard nothing back. You decide your tenant is a loser. You want his rent payment or you want him out! At the end of the week, you finally find your tenant at the mail boxes, and you angrily approach him. Frustrated and tired, you confront him about the situation, and rashly demand that he pay the overdue rent. Then he starts to cry. Through tears, he apologizes to you... says he hadn't even thought about it being rent week. It turns out his father just passed away and he was out of town for a funeral.

DO NOT let this happen to you. You will need to meet with the tenant to discuss the situation, but if you are having trouble contacting him or her, try not to become angry. True, not getting a rent payment can be frustrating, and it sometimes may cause you to evict the tenant... but before you take legal action, you need to evaluate the situation.

More than likely, the tenant will have a valid reason for not turning in the rent payment. Nevertheless, you still need your money. To take care of the late payment, you'll need to meet with your tenant. You won't be able to solve any problems if you don't open the lines of communication. Some possible reasons for a late payment include:

  • Your tenant is withholding rent because the unit is unsafe/needs repairs. If this is the case, you probably already know about the situation and need to make the repairs. If the tenant has notified you of the problem and provided you with written requests expecting repairs be made within a reasonable amount of time, they have the right to withhold rent until the repairs are made. However, if this is the first you've heard of the needed repairs, you may find it necessary to take your tenant to small claims court. Before you take them to court, however, talk the situation over with them. See if the two of you can reach an agreement. Then, get this agreement in writing.
  • The payment was lost in the mail. Believe it or not, this really does happen. Not often, mind you, but sometimes. If the payment was a check, get them to cancel the check through the bank and write another one for you.
  • The tenant lost his or her job or can't work because of an illness. Unfortunately, this happens. If this is the problem with your tenant, find out what their plan is. If they are a good tenant, and you have faith that they will be able to come up with the money, you might want to give them an extension. The tenant may be able to get the money from a friend or family member. However, if you are unable to provide them with an extension, you may need to give them a notice to vacate, but not less than the time allowed in your community.
  • The tenant forgot. Hey, it happens. If you're lucky, this is the case and you can get your payment on the spot and go home happy. or...
  • The tenant is a deadbeat, doesn't feel like paying, and tells you so. If this is so, you will definitely need to start the eviction process.... but don't assume your tenant is a deadbeat until you know for sure!

The bottom line: Most tenants will make a good faith effort to pay their rent. If the rent is unpaid, the first step is to listen to tenants and then work with them to arrange full payment.

About The Author:
Dan The Roommate Man
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Monday, March 25, 2019

Making Room for Two: How to Adjust to Life with a Roommate

How to Adjust to Life with a Roommate

Because downsizing is a fact of life these days, many renters and homeowners can, at a moment's notice, find themselves unable to pay the rent or the mortgage. It suddenly becomes necessary to find a roommate - and fast.

In previous articles, we've discussed the screening process and what kinds of questions you should ask before moving anyone into your home, whether he or she is a close friend or complete stranger.

In the rush to simply find a roommate we can trust, however, we often overlook the other insidious issues. How are you going to make space for a newcomer when you've been living solo for such a long period of time? After all, each one of us is set in our ways. Introduce a new element into the picture, and your routine is interrupted. How will you react? Consider the fact that your furniture is arranged just the way you like it.

Where is your roommate going to place his or her own furnishings? Are you willing to make room for some of those items, possibly rearranging yours or even placing them in storage? What if he/she doesn't own many items and has designs on your plates, your television, your kitchen table? Do you mind? If your new roommate is a family member, the issues become even stickier, and you'll have to tread lightly. A record number of new college graduates are returning to their parents' homes -- at least for the first year, when finances are tight, salaries are low and job stability can be uncertain.

And as a greater percentage of our national population reaches their 60s and above, we've witnessed many of them moving in with family members - even those who remain very active - simply because the cost of living makes a solo lifestyle difficult to maintain.

Regardless of your relationship to your new roommate or the size of your living quarters, both of you must have your own respective spaces in which you may shut the door and maintain a basic level of privacy. This is key to everyone's sanity. If you have to clear out that storage room you've been avoiding, or spend an extended period doubling your kitchen table as an office because you give your spare bedroom to your new roommate, then so be it. The importance - and, ultimately, the benefits -- of a good relationship with your roommate far outweigh any temporary inconveniences you'll face.

If you suddenly find that the combination of your own belongings and your roommate's is causing excessive clutter in your home, you may want to consider either hosting a garage sale (after all, the need for a little extra money is what prompts many of us to search for a roommate in the first place) or placing your belongings in a climate-controlled storage facility, many of which are cheaper than you might expect.

Some roommates opt for an existence in which they're two ships passing in the night; and so they shop for groceries and cook for themselves. If you want to save money as well as time, however, you'll consider splitting the shopping and cooking responsibilities with your roommate. Plan your menus weekly. Place a magnetic memo board on the refrigerator, on which each roommate may write his/her personal weekly shopping list (for snacks, breakfast items or other groceries you don't share). Roommates should alternate weeks making the trip to the grocery store. And plan to allocate a particular number of nights each week on which each roommate is responsible for preparing dinner. Be clear about your food preferences (obviously, a steak dinner won't sit well with a strict vegetarian).

Ultimately, meal-sharing will save you money and time. Be smart in your approach; prepare larger portions, and freeze the remainders for another night. In addition, you're less likely to rely on convenience foods, many of which have little nutritional value and tend to be significantly more expensive.

Household chores are a major point of contention among roommates. So set the record straight from day one. Create a list of who will perform what.

And be realistic. If your roommate would rather have a root canal than mow the lawn, how easy it going to be to coax him into this chore on a regular basis? If you feel the same way about lawn care, you might consider hiring a neighborhood teen to handle the job. You're paying for the preservation of your relationship, so it's a worthwhile investment.

If your roommate is a family member and isn't paying rent, determine immediately upon their arrival how they'll compensate you for the convenience of living under your roof.

If it's a parent, perhaps he or she can chip in weekly grocery money, pay for a meal in a restaurant once a week or assume an extra chore or two. If it's an employed child returning to the nest after college graduation, you may consider asking them for a small amount in monthly rent and/or to assume responsibility for weekly tasks - the grocery shopping, yard maintenance, taking the family out once a month for dinner, etc. Of course, these extras aren't a substitution for the expected tasks of doing his/her own laundry, dishes and bedroom and bathroom maintenance.

Introducing a roommate into a previously solo or empty-nester existence is never an easy proposition. But when you approach the transition with careful planning and open communication, you'll find yourself pleasantly surprised at the results: a closer relationship with your family members or a trusted new friend and confidante.

About The Author:
Dan The Roommate 
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Rent to Buy Homes: Begin to Secure Your Equity

Rent to Buy Homes: Begin to Secure Your Equity

Renting to own provides quality solutions to home buyers with credit problems.

If you desire to own your own home but are unable to secure conventional financing today, working with agencies or individuals who provide rent to buy homes may well be your most effective and, in the long run, profitable option. A lease purchase can make your rent money work for you in a way that renting from a landlord never could.

Renting to own real estate operates on very much the same concept as does renting to own appliances, furniture, or other less valuable asset. A down payment is made and a monthly payment agreed upon and taken away from the monthly balance until it has been fully paid, and the property becomes entirely owned by the payor.

Rent to own is nothing more than a leasing option. After a certain period of time, the payor of a lease is given the right to buy the home without it having gone for sale on the open market and at a reduced price corresponding with whatever balance remains on the home. In a typical lease situation, the lessee has no rights to the property upon the agreements expiration. During the rent to own process, however, the down payment of a tenant is made as an option to, at the end of the lease, purchase the property and inherent the equity built up during the tenant'’s stay in the property.

Beyond just another financing option, the rent to own process is perfect for the prospective home buyer who might have trouble qualifying for a loan. Many Lease-Purchase programs allow the occupancy of a home for up to 12 months prior to purchase, allowing the buyer to save for a down payment on the same property if he or she is facing credit issues which might otherwise make buying any home impossible. Normally these lenders require a 3% to 5% down payment of the purchase price.

"Can you really rent to own a home?" is a valid question discussed at www.super-mortgages.com/Rent-to-Own-Home. On the other hand, any who take advantage of the rent to own process find it worthwhile if for no other reason than the peace of mind achieved. Tenants have full control of the home and can maintain it or improve because it will be yours when they exercise their option to buy.

Consider the following example to illustrate the process:

A nice 3 bedroom, 1 bath single family home located in a near west suburb of Chicago in a great neighborhood with good schools and a strong community is available for sale. It has been freshly painted, cleaned, and is ready to move in. The purchase price will be $215,000. Monthly rent payments will be $1,500 and you as the buyer and tenant will receive a 50% rent credit ($750 per month). You would need between 2.5% and 7% in up front Option Consideration, or what serves as a down payment. Assume your budget allows for $6,000 for Option Consideration. This equates to approximately 2.8% ($6,000/215,000). You will also need $1,500 for the first months rent for a total initial payment of $7,500.

It'’s important to know that option consideration is not a security deposit. It is a non refundable payment toward the purchase price and is 100% credited toward reducing the price of the home.

Now suppose you paid all your monthly rent payments on or before the due date and you choose to buy the rent to own home at the end of the 12 month lease purchase contract. You will have $15,000 in equity before you even own the home, an advantage a buyer who purchased the home outright or with a mortgage taken from a bank would not have at their disposal.

You started with $6,000 and by paying your rent on time; your equity position grew 150% (another $9,000) for a total of $15,000 with 12 months. Not a bad deal considering many find it nearly impossible to save $9,000 in a year with all the costs of living constantly on the rise.

Those who provide rent to own services to buyers do so in an attempt to build a business by creating value that doesn'’t currently today. They can only accomplish this through quality referrals from tenant buyers, sellers, and landlords. Giving back rent credit helps a family to buy a home more quickly than they could trying to save 10% or 20% to put down on a new home purchase, allowing them a head start toward building equity.

Additionally, when a home is sold through a realty service a commission of anywhere between 5% to 7% is typically paid as a form of commission. In the example above, this can cost more than the rent credit. Since realtors are completely eliminated in this transaction, there is no commission and this savings is allowed to be passed onto the leaser. This provides still another advantage to renting to own as opposed to what are considered to be the more mainstream ways to purchase a home.

Finally, when the tenant decides to purchase the home after renting it for some time and becomes the tenant buyer by taking advantage of the rent to own process, there is an immediate sense of pride in ownership. Tenant buyers add value to the community and take care of their future property to a far greater extent than those who simply rent, making improvements, and generally feel good knowing their rent money is working for them (reducing the purchase price) rather than just making money for their landlord.

Most everyone has dreamed of owning their own home at one point or another. Many people are unable to qualify right now to buy their home because of many factors. Some people have a few bumps in their credit score, while others don'’t have any savings for a down payment. Whatever your situation, the rent to own process can make one of the most difficult and important decisions of your life an easy and even profitable one.

Rent to Buy Homes: Begin to Secure Your Equity
By: Gary Carraghan
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Sunday, March 24, 2019

Understanding PayPal, How to create and PayPal Verification

Understanding PayPal, How to create and PayPal Verification

Understanding PayPal, How to create and PayPal Verification - PayPal is a service mediator or referred by the term, Broker, most popular in the world today for online transactions. Paypal can be used in a variety of transactions such as online business, buying and selling goods, buying software, receive payment from the other party online. Paypal is much faster than a check or money order. More than 99 million Internet users prefer PayPal to send and receive money. PayPal has gained trust and comfort to transfer money online, almost 95% of payment on eBay using PayPal. eBay uses PayPal as a payment intermediary for online auction them.

Today, PayPal has become a means of payment in the world with more than 153 million accounts. PayPal can be used in 190 countries and 17 different currencies worldwide. PayPal also supports the global e-commerce that allows the transaction to the location, currency, and different languages around the world.

How does PayPal work?
As a broker in online transactions, PayPal facilitate someone in transferring money just by, Email receiver. Other party can not see the credit card information or bank account. This becomes excess PayPal in maintaining security of personal data users.
For those of you who like to collect a dime on the internet, then Paypal is an obligation for you.

Here are the steps to make account paypal:
First, go to Paypal.com and click Sign Up. You do not need a credit card to make it. Once completed, then the next step is to make verification WITH PAYPAL VCC:

VCC is a Virtual Credit Card. When you first sign up for Paypal must have the status of your paypal is unverified paypal means your membership is still not in acknowledged or has not been verified. Losses unverified account is the number of transactions in restricted and can not be melted into the local bank in Indonesia and can not be used to shop at online stores that require your Paypal verified. Loss is not it? but you do not need to fear because changing the status to be verified unverified paypal now very easy, and you do not need a long time to change your Paypal status be verified. To verify this paypal you do not need a credit card, so for those of you who do not have a credit card to verify paypal.

The advantage is paypal verified:
1. There are no transaction limits.
2. Can be melted into the Indonesian banks (BCA, Bank Mandiri, etc).
3. Can be used to shop at online merchant anywhere.
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Saturday, March 23, 2019

Create a Spending Plan You Can Live With

Create a Spending Plan You Can Live With

Budget' is a four-letter word when it comes to your personal finances, but face it--if you don't decide ahead of time what's most important to you, it's easier than pie to slip into that nearly-impossible-to-break habit of living bigger than your paycheck. Use these tips to get started on creating a roadmap toward your financial success!

Before you can set a budget, or spending plan, that you can live with, you need to look at where you?re starting. Are you already ?out in the real world? living on your own, or are you still living at home or on campus? If you?re already living on your own, you have a headstart in the sense that you know what the costs for a variety of things are. On the other hand, if you realize that you?re already living in a way that will sabotage your financial future, it?s going to be rough getting things back on track. But it can be done.

Before you start developing your spending plan, you?ll need to track your current spending patterns. For an entire month?it?s a long time, but well worth it?carry a small notebook with you and record every penny you spend (yes, every penny!). Write down what you spent money on, how you paid for it (cash, credit card, check), and assign it to a category.

Related: Managing Money Spending

Each person?s spending categories will vary a bit, but include things like home (rent, electricity, water, renter?s insurance), auto (loan payment, gas, insurance, maintenance, personal property tax), food (for at home, plus another category for eating out), grocery items, clothing, entertainment (movies, magazine subscriptions), health (doctor bills or copays, prescriptions, insurance premiums, contact lens supplies), and miscellaneous (haircuts, impulse buys). If you?re not out on your own yet, you won?t have as many categories as someone who is, but it?s still an extremely valuable exercise.

At the end of the month, you will probably be astonished at what you spent your hard-earned money on. Most people are. Those ?little? purchases, usually made with spare change, add up to much more than you could ever have imagined. How many times did you stop at Starbucks? In my opinion, the two most dangerous words in finances are ?just? and ?only.? ?It only cost two-fifty.? ?It?s just four bucks.? Add a bunch of those together over the course of a month, or year, and they add up to a big bite out of your budget.

Related: Manage Guides Family and Personal Finance

After you pick your jaw up off the floor, you?ll be ready to move on to the next step and begin developing a reasonable spending plan that will move you toward your financial goals.

You?re Ready? Develop Your Spending Plan

-- Get out some paper, or use a spreadsheet, and label three columns: Knowns, Needs, and Wants.

-- In the Knowns column, record all expenses you know you will be incurring and which have a set dollar amount each month, such as rent, car and student loan payments, insurance, basic phone charges (just the cost of having the line, not any long distance calls you might make), Internet access (like AOL or a DSL line), etc. Enter an amount equal to 10% of your takehome pay under Savings?this should not be an optional item, but a required one.

-- In the Needs column, record all the things you need but which don?t have predetermined dollar amounts: food, groceries, utilities, basic business wardrobe items, long distance phone calls, commuting expenses (gasoline and car maintenance, train fare, car pool fees), basic furniture and household items (remember: basic, not luxury), and so on.

-- Guess what each item might cost per month. If you?re not very accurate with your estimating, guess on the high side so you won?t end up with an unpleasant surprise after the very first month on your budget. If you?ve never lived on your own and can?t even make an educated guess, ask friends or your parents what a reasonable figure would be.

-- In the Wants column, enter things you would like to have: going to the movies once a week or buying DVDs; non-business (?play?) clothes; vacations; cigarettes (nope, they?re not needs!); a new stereo or tv; tennis lessons; a downpayment on a condo or house of your own some day?whatever they may be.

-- Add up each of the three columns. Then check all your expense numbers, make sure every item is in the proper column, and do the math again.

-- If your Knowns are more than your monthly take-home pay?gulp?you?ve got some major league lifestyle changes to make. Double-check your amounts and be sure each item is in the proper column. Once you?re satisfied that your numbers are right, start at the top of the column and figure out where you can start cutting back. Home expenses usually make up the biggest category. Maybe taking in a roommate or even moving back home will do the trick. Is your car payment outrageous? It?ll hurt, but consider getting rid of that shiny new car (and the loan that goes with it) and take the bus or get a smaller, basic, used car, or even a motorcycle. It?s better to take a loss on the new car now than let it drag you down for years to come, keeping you from your dreams. Dipping into, or eliminating, Savings is not an option!

-- If your take-home pay covers your Knowns but not quite all of your Needs, you?ll need to take a closer look at those items you listed as needs. Do you really need call waiting on your home phone? Do you really need a home phone at all? Maybe just a cell phone will cover you. Are you spending more than about $50 a week on food and groceries? Is DSL a requirement, or can you deal with a dial-up connection, or (even cheaper) can you stop at the library after work to do your sure.

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A Mortgage Loan After Bankruptcy: Deal or No Deal

A Mortgage Loan after Bankruptcy: Deal or No Deal

Many people believe that having a bankruptcy on your credit report will completely destroy any chance of getting a mortgage loan. While it is true that it certainly does not help your credit, you should know that bankruptcy does not mean you will never again be able to obtain a mortgage loan. You see, even having a bankruptcy on your credit, you could even obtain a mortgage. But you might think, no, I don't think so. Well, it is true, even after bankruptcy, obtaining a mortgage loan is entirely within the realm of possibility.

If you already have a mortgage, you will be happy to find out that you could even consider refinancing that mortgage, yes even with something such as bankruptcy. Recovery is possible; however, it is not the easiest or shortest road that you will have to endure in your lifetime. It is going to be a long road and you have to work diligently to build your credit back up, refrain from obtaining more credit and once again regain the trust of lenders and creditors.

Related: Declaring Bankruptcy: Ways To Get Credit After Bankruptcy

How can you do that? Well, the first thing you must do is to create a viable budget that you and your family can live with. How do you create a budget? Well, get a piece of paper and on one side of this paper make a list of the income coming into your home each month. This means the income of each person that is bringing money into the home, as well as any other income that should be included. On the other side, make a list of your expenses. Be sure to include all expenses, such as mortgage or rent payments, car payments, insurance payments, utility payments, groceries, entertainment and other household expenses. It is extremely important that you establish a budget for your personal finances.

This is obviously the similar data that you were required to provide as part of filing for bankruptcy. After a review of this data you should be able to determine if you are living outside of your means? Is your expenditure side greater than your income side? If so, make some adjustments, eliminate things you simply don't need and cut back on things that you don't need as much of.

Now that you have created a workable budget, it is important that you make all payments on time, every single month. Do not allow yourself to make late payments at all. This is a very good way to rebuild your credit. To really speed up the process of rebuilding your credit, you will want to have one or two credit items listed. These could be your mortgage, your car or even one emergency credit card. This will help creditors see that you are indeed working to rebuild your credit and maintaining the right path to financial freedom.

You should also never rush yourself. Do not try to apply for a mortgage loan until about one to two years after your bankruptcy has been discharged. This is important; because creditors will want proof that you are indeed going along the right path, instead of digging yourself right back into the hole of debt you were once in. A mortgage after bankruptcy is possible, if you work hard to repair your credit, make all your monthly payments on time and refrain from obtaining more debt than you make in income each month.

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Declaring Bankruptcy: Ways To Get Credit After Bankruptcy

Declaring bankruptcy: Ways To Get Credit After Bankruptcy

Ways To Get Credit After Bankruptcy - Declaring bankruptcy may seem like a financial disaster, but it is possible to bounce back in a short amount of time. In most cases, you have to give up your credit cards when you declare bankruptcy. But it's almost impossible to do certain things--like rent a car or reserve a hotel room--without a credit card. Fortunately, there are some ways you can get credit after bankruptcy.
Get a secured credit card.
Secured credit cards are available to almost everyone, even those who have recently declared bankruptcy. You make a cash deposit of a certain amount--say, $250--and you're given a credit card with a $250 limit. Your deposit "secures" your card so that, if in the future you can't make payments on it, the bank will have your deposit as payment. In many cases, if you use the credit card wisely and always make on-time payments, the bank will eventually expand your credit limit past the amount of your deposit.
Accept a higher rate.
Since bankruptcy makes you a higher risk customer, some banks or lending companies may offer you credit--but at an increased rate. Whether it's a loan or a credit card, you may pay a higher interest rate, higher fees or higher charges. And chances are the amount you'll qualify for is lower than it would have been if you had never declared bankruptcy. Still, it is possible to get a loan or credit card after bankruptcy if you?re willing to accept these increased costs.
Use a little collateral.
If you own your own home or car, you can use it as collateral on a loan. In many cases, even after bankruptcy, this will get you a reasonable interest rate and reasonable fees. For example, if you have equity in your home, you can get a Home Equity Line Of Credit (HELOC) which draws on your home's equity as the collateral for your credit.
If you recently declared bankruptcy, there are some options available for you to obtain credit. And it's a good idea to get at least one credit card or small loan--and make regular, timely payments on it--so you can rebuild your credit history.
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Manage Guides Family and Personal Finance

Manage Guides Family and Personal Finance

Manage Guides Family and Personal Finance - Money payday was already exhausted by the middle of the month? Forced debt fro to cover living expenses at the end of the month? Or feel the current income is too low to support the day-to-day lifestyle?
Wait a minute. Do not rush to blame a small salary for the inability to survive at the end of the month. It may actually just need a bit of monthly financial management for a minimal salary to be sufficient for all the needs for family and personal. The following tips can be quite helpful in managing family finances and personal.
  • - Prioritizing Savings and installment. Once the money already in hand, get used to directly set aside a few percent as savings. Then, priority-mortgage installment to be paid. Especially credit card repayments. Immediately pay off credit card repayments, because this is a bad debt left continuously exist. Given any arrears will be charged interest that is not cheap. Try not to repay more than two types of payment each month.
  • - For-For Expenditure. Get used to divide your spending. Can be in the form of percentages or with the envelope system. Where classify expenditures and expenditures that are routine in case if there is a sudden need.
  • - Selective in monthly shopping. Select-select in the shopping monthly. Buying in the market, buy in large quantities as inventory, and buying products that are promotional or discount can be a good alternative to save expenses.
  • - Hunting discount. Nothing to be ashamed to buy discount items. Goods discount attend one of them because the shop owner had excess stock. Thus, goods which are calculated the old goods are sold at a discount. If you want to buy goods that are not a primary need, buy a discount or are currently applying a discount.
  • - Entertainment cheap. Fun weekend did not have to go to expensive places. Take advantage of new places that are promotion, half price cinema tickets, discount coupons for admission recreation park could be utilized.
  • - As needed. The most important thing is, do the spending as needed. do not have hungry eyes. Sometimes our income is not enough because of our own excessive spending.

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Ways of Calculating Capital to Start a Business

Ways of Calculating Capital to Start a Business

Ways of Calculating capital to start a business - Often we ask people who have opened businesses: “How does the capital you need first when you open a business that now?”. Answers that often arises is: “… several million dollars, or a few dozen million dollars ….” right right? Principally, there are numbers that come out. But, if you are asked like that, not necessarily you can answer. Because usually when we want to run a business, many of us who do not know how to calculate it.

Well, this time I will share a secret with you about how to calculate the amount of capital you need if you want to Start a business. In principle, in running the business, there are only 3 types of capital you’ll spend:

1. First Capital Investment
2. Working Capital
3. Operating Capital
Let’s discuss it one by one.

1. INITIAL CAPITAL INVESTMENT
What is the initial investment capital? This is the kind of capital should you spend in the beginning, and is usually used for long-term. Examples of this capital is the building, equipment such as computers, vehicles, office furniture and other goods used for the long term.

If your business businesses repair shop, then your initial investment capital is the building, workshop tools, and other furnishings that are needed in the workshop. If your business stores, then your initial investment capital is a shelf, table, maybe even the cash register. Usually, this capital value is large enough as it is used for long-term. But the value of the Capital Investment will shrink from year to year even from month to month.

2. WORKING CAPITAL
It is capital that you need to spend to buy or make your merchandise. This working capital may be issued every month, or any future orders.

For example, if your business enterprise where to eat, then the working capital you need is capital to buy groceries. If your business development efforts made craft goods, then your working capital is the money you spend to buy raw materials. If your business is photocopying services, working capital yes you the money you spend to buy paper, ink, and so forth. In principle, no working capital, you will not be able to complete your order or do not have the merchandise. Later, you might even not be able buyer because the goods are not there. That is the importance of working capital.

3. OPERATING CAPITAL
The last capital operating capital. Operating capital is capital that you need to spend to pay the monthly operating costs of your business. For example payment of salaries, monthly phone bills, electricity, water, even retribution.

Related: How To Start Online Business

The posts in this capital in all business operations are generally quite similar. This is because, in principle, which is defined as operating capital is money that should you spend to pay for items outside of your business expenses directly. So, Capital Operations are usually paid on a monthly basis.

Well, how do you Mom? Easy, right? Now, you can calculate your own, do not you, should you spend capital to start a business.
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Friday, March 22, 2019

All About Short Term Payday Loans

All About Short Term Payday Loans

All About Short Term Payday Loans - Present-day society is striving to simplify all areas of life by totally eradicating paperwork, though, this process needs time. There’re many establishments and industries that have tried hard to dispose all useless desk job. That is rather beneficial for the nature but it is also good for both services and customers. Take into account payday loans online no credit check. The feasibility to manage deals with little desk job betokens of the positive solution. There are definite instances when speed can solve the whole problem. You will not disagree that frequently we need to pay for some expenses in the middle of the month, so we’re in search for fast money. The longed-for funds may go on urgent bills, utilities, penalties or needful purchases. The solution appears in the shape of faxless payday loans online. No necessity to fill in an amount of papers, just compete online qualification form and get the money. Money lenders treat your request once it is submitted, so you won’t be made wait for the answer. The advantage of this kind of loan is that ninety-nine percent of requests presented are confirmed and a person gets the needful amount in twenty-four hours!

Related: Key Benefits of Private Student Loans

What regarded being the greatest bonus of instant faxless payday loans is no necessity to present any documents. Nevertheless, payday loans are as well rather famous for a number of other accounts. The purpose of taking a credit is confidential; lenders do not ask identifying it. You close a deal and may spend the taken cash the way you wish. There are many persons who want the cash to pay essential bills but there are as well those who spend it to pay for expensive clothing or decoration things on sale. Pointing the aim is your right.

The next cause why faxless payday loans online are so popular is because they are developed to prevent you from getting into a lot of debts. The ordinary quantity of loan provided goes not bigger than one thousand dollars, however, sometimes people request up to 1500$. The owed amount is mechanically withdrawn from your checking account at the necessary date, usually it is the person’s next payday. It does not take much time to repay because the loan is small. If you’re of full age and employed, there are no reasons why you can be declined. You may get benefit with 100 percent assurance if you cope with the credit timely. Conscientious treatment to payment process will assist in solving all your financial issues. Faxless payday loans online propose more than a swift servicing to sanctioned customers.
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Key Benefits of Private Student Loans

Key Benefits of Private Student Loans

With the steady escalation of educational expenses and as the amount of applicants are growing in number for govt loans, private student loans have raised quickly among university students. Quite a few students chose the private student loans being fitted and obtained effortlessly for making higher education and learning expenses. Private student loans often known as optional student loans usually are obtained from private  Financial firms, financialinstitutions, credit unions and so on in line with the credit worthiness of the applicant for paying back the cash minus the interference from the govt within the brief period. Private student loans are additionally frequently used in the collaboration along with fed student loans, specially when the funds are not sufficient from the national student loansto pay all of the expenses towards education.

Private student loans can be availed involving by college students along with excellent credit rating, or when he’s a regular worker or if he’s permanent resident of united states. To meet the these needs, he can fill out an application with a co-signer that satisfies the the minimum eligibility standards and avail the private student loan.

Benefits of private student loans:

Private student loans can be acquired at a speedier pace, so that it is straightforward to acquire with great convenience. The endorsement procedure is too quick when it comes to private student loans that the funds are got by the university student within five business working days following the application. The cash, which may be availed of through private student loans, is substantially over the government and scholarship or grant funds. The private student loans is availed anytime by the student without the need to worry about application filing prior to final dates. A number of private student loans can be consolidated. Most of these private student loans enable you to buy a laptop, or towards educational fees etc. A federal government student loan however, may be very restricted in spending the funds. There isn’t a federal involvement, simply because it is an understanding between customer and the private bank. As a result no need for federal government documentation.

Related: All About Short Term Payday Loans

Even if there’s lots of benefits in receiving a private student loan, there’s no-one to deny the downside it has. Private student loans are simply for credit worthy individuals, and also usually a co-borrower has to co-sign the loan document. Largely the co-borrower would be the dad or mom. Furthermore, the private student loans have a sizeable rate of interest in comparison to federal student loans. Rates of interest could vary on a monthly basis, whereas government student loan rates of interest can be permanent. It requires applying for the loan several times because applications are divide for every academic year when it comes to private student loans.

Guidelines creditors look in for students’ creditworthiness:

An outstanding credit history with regard to no less than 21 months have to be certainly, there. The house shouldn’t have been switched no less than for one year’s time. Must be a resident of US or a permanent resident of US and should have resided for two years inside U . S . prior to permanent residentship. Must be able to produce evidence of recent cash flow through an employment in the neighborhood in which the university student is going to school. Should have been in the position for not less than 2 years, in the case of self-employed need to have been conducting business for at least Two years time.
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Thursday, March 21, 2019

Managing Money Spending

Managing Money Spending

Managing Money Spending - Friends had not at the end of the month (or even sometimes before the end of the month) was run out of money, but also do not know where his money on?
Sometimes it seemed annoying, time needed, already feeling frugal here and there, but still lacking.

Friends do not want it, already hard-hard work, the results are not clear, saving a little, personal financial management is not disciplined and no records are usually the cause.

Well if ever feel like it, maybe these things need more attention for the management of personal finances better.

* For example, the use habits of friends credit card, well it could be not good, if not accounted for (especially if bon usage is not archived, can-can forget to use the money already, and it came time to pay its own scramble for not setting aside for payment of these bills) . So should be recorded or filed only minimal expenditure receipts with credit card, so that could be matched with the bill and marked when it’s settled.

* Laziness, now almost all ATMs can be used for a variety that we have an ATM card (ATM), but do not forget, there are costs, and do not look trivial, for example, every decision of the ATMs along that we are exposed to cost alone RP 5000. If it took 4 times a month we have 20 thousand, not bad for savings or buy a magazine? Expenditure ‘unnecessary’ which sometimes seemed so trivial when accumulated can be a lot too. Though originally it could just be lazy just walked to the ATM the same with our bank account. Lazy that there are costs:)

* Habits treat a friend, it was not permissible, but do not often, adjust its own financial capacity, and what needs must treat every meet friends-treat? Friendship is not measured by the rah-rah, but more to where they need each other when we support you?

* Familiarize yourself check our grocery receipt, let’s say we go to the supermarket to buy a monthly requirement, well it never hurts when we come home we double-check what we have to spend and for what, at least for what really makes us aware that all goods are indeed we need (not purchased due to ‘hungry eyes’).

* Familiarize yourself writing a shopping list before we go shopping. This is important, because often when shopping without conscious we become ‘hungry eyes’ what more when she saw the words “cheap”, “sale”, “promotion” and so on it. As a result we will be buying things that we do not need, or bought too much beyond what we need.

* If it is so difficult to control appetite shopping, it never hurts when you shop friends bring enough cash (according to plan shopping list); if you need to leave all ATM cards and credit cards at home.
Actually, personal financial management matters more to the discipline and seriousness we practice what we have planned. At the beginning of the month we should have planned allocation of the money wisely, and do an evaluation at the end of the month.

Confidential Financial Adjusting To Achieve Your Dream, Saving money we should do at the beginning of the month, so we did ‘save’ instead save the remnants of your money at the end of the month.

Hopefully useful yes.
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