Four tips on how to get out of debt fast

Debt is a sensitive topic since it affects many of us. We might not always want to admit it, but we might need help to manage and eliminate our debts. Here are four tips on how to control your debt and get out of debt fast.

Find out how much you owe

To get out of debt, you need to know how much money you owe to plan how to pay it quickly. It might not be an easy thing to do, but it is better to know the financial trouble you are in to get yourself out. Get all the necessary documents from the credit card companies, loan offices or other individuals that you owe.

Once you have identified all you owe, create a list starting with the most urgent loans to repay. It might also help to have other columns for the interest rate the credit is being charged and the minimum payment.  The loans that need priority are those that have a high-interest rate or can be sorted out quickly. Having this list will help you plan on how and when to start making the necessary payments.

Pay more towards the debt than required

Any loan has a minimal amount that you have to pay every month to keep up with the terms and avoid penalties. In most cases, if you only pay this minimum amount every month, it will take you many years to repay. Therefore, ensure to pay more than the minimum to reduce the time of repayment and save on interest.

It might not always be possible to pay more especially if getting the money is a problem. However, ensure that whenever extra money not anticipated comes in, use most of it to reduce your debts. Try to find other sources of income to help facilitate the payment. Most importantly, ensure that the loan you have does not charge prepayment penalties to avoid further problems.

Eliminate activities that lead to more debt

Even if you manage to pay off your debts, chances are you will accumulate the debts again if you maintain the habits that got you there. Identify what led to you accumulating the debt and quit. If you have a habit of borrowing money to fund your lifestyle, make a conscious decision to stop and focus on activities that will improve your financial situation.

An excellent way to minimize all the temptations is to create a realistic budget. A realistic budget is one that is unique to your income and spending. Creating a budget is simple. State the income you have, your basic needs and other expenses. Allocate an amount to the stated needs and ensure to stick to that expenditure. Whenever the temptation to spend kicks in, refer to your budget and assign the purchase to the following month. This minimizes the chances for impulse buying.

If managing your finances proves difficult, seek the services of an investment management agency. A company such as Crown Money Management are available. The company analyzes your financial situation and advises on what to cut out to live within your income. Also, they will assist in creating a plan for you to manage your debt.

Negotiate for better repayment terms

It is always good to keep in contact with people that you owe money. Sounds crazy right? Most people avoid meeting or associating with individuals or organizations that they owe. Take the opportunity to interact and find out if there are better rates you can get or even favorable payment terms. Approaching the said parties shows your dedication to repay the debt. It also instills confidence and builds a great relationship.… Read more


Website Designers Day to Day Business

A LETTER FROM A WEB DESIGNER

My friend and I started a business last October and we’re having problems because we keep running out of cash. We’re importing European products directly into the U.S., very fashionable and at a very good price for our customers. Rhonda, my friend, is gorgeous and has a great sense of fashion. I’ve been a successful retail store manager for a big chain.

Rhonda has a very high profile, married boyfriend. He’s our investor. So far, he’s loaned us $400,000 and he’s charging a very reasonable 8% interest on his investment. We’ve got a great location with a two-year lease in the trendiest area in town.

Our investor and Rhonda travel to Europe to buy inventory every month. The problem is, we’re losing $40,000 a month. We’re supposed to have $75,000 in reserves but that’s never been deposited. Instead, I go to him every month with our bills and he’ll write out a check to cover them and pay our salaries.

We’re not bringing enough customers in the door. The company I used to work for did a lot of advertising and it really brought people into our store. Our investor says he doesn’t believe we should advertise because our products are high priced and very exclusive. He won’t give us the money to run ads. He owns a very large, profitable company with almost 100 retail branches and also sells his product through major department stores. He advertises his business. Should we advertise? And if so, how can we do it without a lot of cash? We got in touch with Tod at Afterfivebydesign – website design firm. They suggested we should start focusing more on SEO (search engine optimization) What are your thoughts??  

 Signed,
Sleepless Over Cash Flow

 Dear Sleepless,

We sympathize with you and your partner but we certainly don’t envy your situation. We usually advise people starting businesses to start with the 3 Fs, Family, Friends, and Fools. Your partner’s friend is certainly no fool with his impressive business success, but he may be playing her (and you!) for one.

When you are working with the 3Fs, it’s really important to know what everyone expects from the deal. The 8% interest on the loan is a very sweet deal but it’s tied up with having to go ask Sugar Daddy for your allowance every month. Enough of that, and you’ll be the one with the sour feeling.

How seriously do you take this business? Since BigShot is suffering from intermittent “tight wallet” syndrome, you and your partner need to assess where you are right now and what you need to succeed. You’re going to have to tell your partner this: “I don’t want to hurt you or your relationship with your boyfriend, but this is a business. You’ve got to make your decisions based on that.” If she doesn’t take this seriously, you’re dead in the water. Find yourself something else to do because this business will never make a dime.

The bottom line is that your partner, the girlfriend, risks this relationship. He’s got pretty good reasons of his own for playing this game. It keeps her under his control but gives him those great trips to Europe with her. He may be shy about advertising with web design agencies because he doesn’t want his wife to find out that he’s an investor.

If she is serious about succeeding with the business, though, you need a change of game plan. You can’t go on month-to-month making up the shortfall with your investor. This is a tax-deduction for him (click here to learn more), but he’s also treating it as a hobby business that he can pull the plug on at any time. The best protection for you is to have enough cash and credit available to get the business past the breakeven point. Plan your business needs, including advertising and other promotional efforts.

  • Hire an attorney for the business to advise you.

  • Have him or she examines the contracts and explains your rights and obligations under the contracts.

  • Make a list of everything that can hurt you if the investor pulls out of the agreement. What will it take to make it without his backing?

Read more

5 Reasons Why Inverter Air Conditioning Units Are Better

Inverter Air Conditioning Technology. What are the benefits?

Are you considering buying an air conditioning unit? Are you skeptical about inverter AC units? Well, here are some of the reasons why inverter air conditioning units are much better for your home.

•    Efficiency
Are you looking for AC units that are efficient in controlling the air circulation in your home or office? Well, look no further than inverter AC units because they are the most efficient models currently in the market. Whether during the day or night, and also regardless of the type of weather, you can always count on these AC units working efficiently at all times.

•    Ultimate Comfort
When cooling the indoors, these inverter units have longer running times. As such, you can count on lower utility bills and overall removal of humidity indoors. It’s quite disappointing when the AC unit doesn’t provide the cool temperature needed, especially in the hot summer months. However, with the inverter AC unit, you can always count on ultimate comfort, regardless of the temperature outside your home or office.

Commercial Air Conditioning Repair- TRUE AIR AIRCONDITIONING SERVICES

•    Consistent Temperatures
Compared to other AC systems such as single speed and two stage AC units, multi speed units will run at the specific speed needed to keep the home or office at consistent temperatures. That means that the AC units provides consistent heat removal and keeps the indoor temperatures consistent at all times, depending on your set temperatures. The inverter AC will always perform at the convenient levels required for optimum comfort in any indoors environment.

•    Overrun Capacity
There are a few models of inverter AC units that can run over the stated capacities, especially when the temperatures are too high outside. Certainly, during the hottest months of the year, you will always want to come back to a cool house after a long day outside. On the other hand, if it’s too hot outside working indoors in a very cool environment works perfectly for you. Therefore, you need an AC unit that works above the expected capacity to guarantee the best results. Well, you can’t go wrong with choosing inverter air conditioners.

•    Less Noise Produced
Do you hate it when your AC unit always produces shotgun starts when it’s working and scares you? We at Renergy know first hand. A few of our customers complain about this. On the other hand, isn’t disappointing when the lights dim when your AC unit starts running? Well, if you’re working with an inverter AC unit, you will never experience these problems. You can always count on very little to no noise produced when the system is working. Even better, if it’s installed in an office, the working environment is always quiet allowing more productivity from the employees.

Choosing an air conditioning unit for your home or office is a daunting task. That’s why you need to do the necessary research to find the right one. If you’re skeptical about choosing an AC unit, you can always rely on inverter ACs because of the benefits mentioned above. Make sure you find the right installation expert to ensure that the unit is installed accordingly.… Read more


Valletta Real Estate For Sale In Malta

Looking At Valletta Malta Real Estate For Sale

After visiting Valletta a few years back, my husband and I decided that we definitely wanted to go back there at some point. We have recently come into some money from a family member that died on his side of the family, and we have decided that we want to buy property somewhere.

I started looking online for real estate for sale around us. Then I started talking to my husband about vacation homes and he asked me if I had looked at Valletta Malta real estate for sale. He said he would love to own something there. I immediately pulled up the real estate websites that have property for sale in Valletta Malta. This is a fantastic city which has so much history and historic buildings so purchasing a property there is definitely a wise decision for those who want to see their investment increase in value drastically over time

I found several vacation homes and condos that are just what we are thinking about purchasing. While the price is a little higher than camps around our own area, we have pretty much made up our mind that we want a vacation home here. We would only need to pay for travel to the area and not for the stay. Since we are both getting ready to retire we would be able to use something like this.

The property selection process

I have saved several listings so I can show them to my husband. I want to see which ones he wants to look at so we can make travel arrangements to visit Valletta Malta and see the properties in person. My husband can take time off from work when needed and as soon as he tells me which homes he wants to look at I plan on contacting the real estate agent that they are listed with.

St. Julians, Malta

Since we will be paying cash for the property and not financing it, I imagine that the sale will be a hassle free and easy one to complete. We don’t want to have any loans, even for a vacation home like this and want to pay the asking price for it. Since most of the properties for sale in Malta in Valletta are old, our estate agent maltasothebys have suggested we should buy an old property and convert it, this will have charm and character.

There is also no rates, property taxes, council tax or other tax of some sort in Malta, so once you purchase a property there’s no running costs involved except that of the maintenance of your property. Tradesmen are also cheap compared to other countries like Australia or America. Houses are very durable because they are built from masonry stone which stands high winds and heavy rain fall.

I can’t wait to see these homes in person so we can choose which one will be most suitable for our needs. I know that many of these homes are in great locations since I looked at them on the map. Finding one that is in great shape and has exactly what we want is important. We don’t want to put any work into the home after we purchase it and want it to be in the best shape possible.

Read more at http://designerpropertymalta.yolasite.com/Read more


5 reasons why affiliate programs fail

Top 5 Reasons Why Affiliate Programs Can Fail

  1. First and foremost comes with choosing the wrong program. Due to the (Internet Business Illusion) and online feeding frenzy, many people fall for the wrong programs that become overnight disasters or scams. You should always research the company or products before you sign up, it’s good practice.
  2. Choosing to represent too many programs. Many people jump too quick. If one promised program doesn’t deliver the overnight money sensation, they in turn jump into more and more. Pretty soon, they don’t even know how many affiliate programs they are even involved with. It’s much easier to promote a few, then it is to keep track of 100’s.
  3. Choosing affiliate programs that don’t represent something of interest to your targeted market. When involving yourself in any affiliate program you need to ask yourself if the products or services they are offering will be of solid interest online. Are they a needed problem solving type of product?
  4. Misrepresenting your program or products. If you misrepresent your program or products, it will most likely lead to failure. Don’t promise anything other than what your program and it’s products can do online. Follow the guidelines set forth by the company to which the affiliate program is associated with. Many affiliate companies will give you a clear warning that if you scam people with their program, you will be terminated from representing it and/or charged any fees associated with shutdowns.
  5. Not understanding your products, or having the enthusiasm needed to sell them. Many people involve themselves in affiliate programs, yet never purchase the products they are trying to represent. You should always purchase and test the products, that is the only way you can accurately sell them with true conviction, instead of the many made up lies and misrepresentations.

In finality, I would like to add that having a mentor makes a huge difference to your success online. Many affiliate programs give you the email addresses of your up line team members, use them. Contact them for advice, help, and direction in the programs you are involved with, or some you may be researching.

I had the very fortunate opportunity to work with some wonderfully wise individuals, James Capiobianco, Pat Brady, and Reggie Miller that helped pave some great roads for my online business success. Their continued support has helped me rise above many of my expectations and goals. Learn to be patient, willing to take advice, use your knowledge, and set your goals, and you will succeed!

 

 

 … Read more