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Insights on money, career and trading

What Does it Mean to be “Poor” in Different Places in the World?

Posted on September 24, 2014 by admin at 2:30 pm

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Poverty is often defined by the amount that a person has in money and material possessions, this can lead to extreme poverty, and even destitution. This level of poverty refers to the deprivation of basic human needs, including shelter, clothing, food and education. However, there is also relative poverty, which is defined as the economical state of the society you live within.

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How to Buy Property in Spain and Make a Profit

Posted on September 6, 2014 by admin at 2:23 pm

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Property investment remains to be one of the safest ways to make money in a short amount of time, and Spain continues to be a popular choice for many people. Over the last few years,  the property market in Spain has undergone rapid changes, and not all of these were beneficial. The worldwide crisis had a massive impact on the way that people spent their money, and this affected property markets in Spain.

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Becoming a Taxi Driver: Things You Need to Know  

Posted on December 17, 2014 by admin at 2:51 am

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Sometimes, it can be hard to find a job that suits you. There are so many things that you could do, and each of them requires a specific set of skills and qualifications before it becomes open to you. If you’ve settled on driving taxis as a potential career option, then here are some things that you need to know.

What the Role Involves

The concept of taxi driving is simple; you’re paid to pick passengers up and drive them to a destination of their choosing. However, the role is not solely restricted to driving: you’ll also need a good knowledge of your local area, the ability to talk to people you don’t know and money handling skills. It also helps to be fit and mobile, as it may be necessary to help passengers with luggage and assist those with limited mobility.

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Securing a Cheap Mortgage in 4 Easy Steps

Posted on December 8, 2014 by admin at 3:05 am

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Securing a cheap mortgage, whether you are a new buyer or an existing homeowner is tough. It can seem like a never-ending task. No one wants to pay more than what they need to. But, finding a cheap mortgage can be a difficult endeavour. You don’t have to worry about finding an affordable mortgage any longer.

Here are some great ways that you can secure a cheap mortgage with relative ease.

Step 1: Know Your Mortgages

Now is the time to find what works best for your money. Do you need a mortgage deal that works with the interest rates? Or do, you need cheap home loans that are fixed in their payments? Compiling an active income and expenditure can ensure that you are in the right place to pay your mortgage. But, you can also find out if you have a level of flexibility with your home. If you have a lot of disposable cash, interest tracking mortgages tend to be cheaper. But, if you don’t have a lot of flexibility with your income, stick to a fixed mortgage. Ascertaining a budget and knowing what mortgages are on the market is one of the best ways of making sure that you are getting a better deal.

Step 2: Think Outside of the Box and Ditch the Bank

When it comes to securing a mortgage, your bank is not the only place to go. Many people believe that myth that the banks are the best places to go for mortgages. Wrong! There is a vast range of mortgage providers that are not banks. These independent financial institutions often have better deals and rates of interest. Whether you are remortgaging or securing your first loan, ditch the bank. You may find that you get a better rate over the term period of your loan.

Step 3: Book an Appointment with a Mortgage Broker

Once you have found a mortgage that suits your needs, and you think that you have found a good deal, go and see a mortgage broker. Their job is to scour for the best deals. A broker can often find a cheaper alternative to your mortgage. If you have somewhat limited means of accessing information, you will only have a tiny portion of mortgages on offer. With this in mind, a mortgage broker can help you find and secure a mortgage with a better rate of interest. They can also give you valuable advice on how to obtain the mortgage of your dreams. They are in the know when it comes to knowing what creditors want. They will give you the criteria that they look for. They are a great asset to have so don’t dismiss them.

8224569761_fd4d816a21_zChris Potter

Step 4: Read the Fine Print

As with any massive financial commitment, you need to read the fine print. Before you sign anything, make sure that you go over all the necessary paperwork. You don’t have to go through a solicitor. You can do this yourself. This can ensure that you are not tied in to unnecessary contracts.

Prepare For the Cost of Unexpected Home Repairs with These Top Tips

Posted on November 24, 2014 by admin at 1:59 am

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When you’re short on cash, the easiest things to pay for are the expenses you can expect. You can plan for the costs that you know are coming your way, the monthly expenses that fit your budget. But when an unexpected cost arises, it can leave you struggling to find the cash to cover it. Even worse, when these unexpected costs are for home repairs, it can be a race against time to find the money. Leaving something like a broken down boiler or a smashed window could lead to further problems in your house, and at the very least could make you miserable. To help you prepare for home repairs that come up unexpectedly, have a look at some of these methods for covering those surprise costs.

Check Responsibility

Before you panic about coming up with the money to pay for home repairs, check whose responsibility it is to make any repairs. If you rent your home, you may not be liable for fixing things around the house. Don’t pay for any repairs if it’s your landlord who’s responsible for having them carried out.

Insurance

Not everyone can fit insurance into their monthly budget, but if there’s room to fit a policy into your expenses, it could be a lifesaver later on. There are several different types of insurance you might consider for your home. You could take out insurance to cover repairs for any plumbing, heating or air conditioning repairs, if those are the problems that you worry about. Homeowner’s insurance will cover the actual structure of your home, including the walls, windows, and doors. If anything like water damage occurs, your homeowner’s insurance is likely to cover it.

11442150213_744d73459e_zSimon Cunningham

Loans

Of course, not everyone can afford insurance. And if you can, you might not consider it until it’s too late. Insurance is no use by the time you need to make a repair. Taking out a personal loan is one option for getting hold of cash quickly if you’ve found yourself in need of making a repair. Almost anyone can access many personal loans easily, and you won’t have to wait around for weeks or months for approval. But be sure to know the costs associated with short term loans, including the interest rates. You need to work out how much money you’ll have to pay back, and make sure you can pay it. The aim is to borrow money that you can pay back later, not to get yourself into lots of debt.

Sell Something

If you don’t think you’ll be able to pay back a loan at a later date, it’s a better idea to turn a physical asset into cash. What you sell will depend on the repairs you need to make, but it could be anything from DVDs to jewelry or a car. If you’re unsure about selling something you love, try a loan from a pawn shop. If you can get the money together at a later date, you can claim your possessions back.

3473516801_6ace8a4d39_zErik Abderhalden

Five Top Tips for a Perfect Interview

Posted on November 20, 2014 by admin at 6:35 am

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When you have been applying for the perfect roles, getting a steady stream of ‘no thank you’ emails can be a little disheartening. However, when that one comes through and asks for you to attend an interview, you will no doubt jump up and punch the sky.

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Spreading Investment Makes Perfect Sense

Posted on November 9, 2014 by admin at 7:03 am

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If you are looking for investment ideas in the coming months there is plenty of information around. Some ideas certainly conflict with others and ultimately you may be utterly confused. Even going to get professional advice can leave your head spinning. You don’t want to put your dollars under the mattress because they certainly won’t grow there. You will lose by the rate of inflation each year. Interest rates are low so there is little growth in simply depositing your money in the bank so what do you do? Well think about spreading your investment in the first place.

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The Cheapest and Best Places to Live in the UK

Posted on October 25, 2014 by admin at 5:07 am

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While the rising cost of property may not be a comforting sign, you don’t have to live in a rented space for the rest of your life. You can afford to buy a property. But, you may need to reconsider your options. The UK is full of cheap housing. What’s more, there are some affordable and beautiful places to live. You don’t have to live in a dive in order to be able to afford a mortgage. On the contrary, there are some cost-effective housing solutions within the UK. What is more, this housing is in fantastic parts of the country too.

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Insights on money, career and trading