THINGS THAT DISTRACT YOU FROM BEING RICH
TOO MUCH NETFLIX
STAYING TIN THE COMFORT ZONE
WAITING FOR THE RIGHT TIME
NOT ENOUGH REST
OVER THINKING
PLAYING VIDEO GAMES
THINGS THAT DISTRACT YOU FROM BEING RICH
BOOKS YOU SHOULD READ TO LEARN A INVESTING SKILLS
BOOKS YOU SHOULD READ TO LEARN A INVESTING SKILLS
Rich Dad Poor Dad is about Robert Kiyosaki and his two dads his real father (poor dad) and the father of his best friend (rich dad) and the ways in which both men shaped his thoughts about money and investing. You don’t need to earn a high income to be rich. Rich people make money work for them.
Craig defines wealth as the ability to live on the money you make from your money, rather than the money you make from working. If you’re not making money from investing, you’re getting poorer every day. Few people become wealthy because they rarely spend time researching and never properly try their hand at investing.
An intelligent investor always analyzes the long-term evolution and management principles of a company before investing. An intelligent investor always protects him- or herself from losses by diversifying investments. An intelligent investor never looks for crazy profits, but focuses on safe and steady returns.
The Rich Dad philosophy makes a key distinction between managing your money and growing it… and understanding key principles of investing is the first step toward creating and growing wealth.
The Little Book of Common Sense Investing shows you an alternative to actively, poorly managed, overpaid funds by introducing you to low-cost, passive index funds as a sustainable investing strategy, which gets you the retirement savings you need without the usual hassle of stock investing.
THINK AND GROW RICH
Think and Grow Rich by Napoleon Hill examines the psychological power of thought and the brain in the process of furthering your career for both monetary and personal satisfaction. Originally published in 1937, this is one of the all-time self-help classics and a must read for investors and entrepreneurial types.
This essential book takes readers to the Street to learn about the intricacies of money and how the stock market impacts every area of our lives. According to the author, the key to making wise, lucrative investments is knowing ourselves.
Mastering the Inner Game of Wealth”, T. Harv Eker outlines how to identify and revise your money blueprint, to significantly increase your income and accumulate wealth.
EVERY MARKETER SHOULD KNOW THESE MARKETING MOVIES
EVERY MARKETER SHOULD KNOW THE MARKETING MOVIES
THANKING FOR SMOKING
Nick Naylor (Aaron Eckhart), a lobbyist for big tobacco, finds it difficult to balance his duties defending the dangerous substance with those of being a good role model for his young son. Nick’s life gets even more complicated when a liberal senator mounts an anti-smoking campaign that he must counter. Based on the novel by Christopher Buckley.
WAG THE DOG
Two weeks prior to reelection, the United States president lands in the middle of a sex scandal. In need of outside help to quell the situation, presidential adviser Winifred Ames (Anne Heche) enlists the expertise of spin doctor Conrad Brean (Robert De Niro), who decides a distraction is the best course of action. Brean approaches Hollywood producer Stanley Motss (Dustin Hoffman) to help him fabricate a war in Albania — and once underway, the duo has the media entirely focused on the war.
THE JONNES
Kate, Steve and their kids move to an upper class neighbourhood and soon become the talk of the town for their trendy lifestyle. But the neighbours are unaware about the truth of this perfect family.
JERRY MAGUIRE
When slick sports agent Jerry Maguire (Tom Cruise) has a crisis of conscience, he pens a heartfelt company-wide memo that promptly gets him fired. Desperate to hang on to the athletes that he represents, Jerry starts his own management firm, with only single mother Dorothy Boyd (Renee Zellweger) joining him in his new venture. Banking on their sole client, football player Rod Tidwell (Cuba Gooding Jr.), Jerry and Dorothy begin to fall in love as they struggle to make their business work.
SYRUP
A low-ranking marketing exec (Shiloh Fernandez) hatches a surefire idea and needs the help of a brainy coworker to keep it safe from corporate spies.
THE 5 TYPES OF ASSET CLASSES
THE 5 TYPES OF ASSET CLASSES
EQUITY
STOCK, INDEX FUND, ETF’S, MUTUAL FUND
BONDS
LENDING TO THE GOVERNMENT OR A COMPANY
CASH
BANK ACCOUNT OR PAPER MONEY
REAL ESTATE
HOMES, APARTMENT, REIT’S, LAND
COMMODITIES
GOLD,SILVER, CRUDE OIL,CORN,CATTLE
THINGS TO KNOW ABOUT THE BUYING A NEW CAR
THINGS TO KNOW ABOUT THE BUYING A NEW CAR
INVEST IN SOME ASSETS.
MOST PEOPLE THINK JUST BECAUSE YOU HAVE MONEY, YOU NEED TO HAVE A CAR.
INVEST IN SOME ASSETS THAT WILL MAKE YOU RICH ENOUGH TO BUY THE CAR 10X OVER.
THAT’S WHY THE FINANCIALLY LITERATE DO WHEN THEY HAVE THE ABILITY TO.
YOUR CAR’S VALUE WILL DECREASE BY 20% TO 30% BY THE END OF THE FIRST YEAR.
INSTEAD, BUY A CAR THAT’S COMING OFF A 2 TO 3 YEARS LEASE.
THESE ARE STILL NEW AND SHINY WITH LOW MILLAGE BUT COST 30% LESS.
BE WISE WITH YOUR MONEY.
WHY YOU SHOULD START A BUSINESS
WHY YOU SHOULD START A BUSINESS
MORE FREEDOM
FOLLOWING YOUR PASSION
PROVIDING VALUE
EARN MORE MONEY
REDUCE TAXES
LEARN NEW SKILLS
4 REASONS WHY BUSINESSES FAIL
4 REASONS WHY BUSINESSES FAIL
42% OF SMALL BUSINESSES FAIL
BECAUSE THEIR’S NO MARKET FOR THEIR PRODUCT OR SERVICE
14% OF SMALL BUSINESSES FAIL
BECAUSE THEY IGNORE THEIR CUSTOMERS
23% OF SMALL BUSINESSES FAIL
BECAUSE THEY DON’T HAVE THE TEAM
29% OF SMALL BUSINESSES
RAN OUT OF CASH IN THEIR FIRST YEAR OF
RUNNING BUSINESS
TIPS TO HELP YOUR FINANCIAL GOALS FOR 2020
TIPS TO HELP YOUR FINANCIAL GOALS FOR 2020
BUILD AN EMERGENCY FUND OF 10K
“Your emergency fund is not an investment, it’s insurance with one purpose – to protect you and your family.”
SAVE 20% OF YOUR INCOME PER MONTH
“Not wasting money is the best way to save money”.
READ 10 BOOKS ABOUT FINANCE
“When money realizes that it is in good hands, it wants to
stay and multiply in those hands.”
INVEST IN A STOCK PORTFOLIO
“Risk comes from not knowing what you’re doing.”
FIND A NEW SIDE HUSTLE
“Good things happen to those who hustle.”
TRACK YOUR FINANCES
“Beware of little expenses“.
PAY OFF BAD DEBT
“That’ll Make You Want to Cut Up Your Credit Cards”.
LEARN A NEW SKILL
“The beautiful thing about learning is that nobody can take it away from you.”
8 BEST AND AMAZING APPS FOR ENTREPRENEUR
BEST AND AMAZING APPS FOR ENTREPRENEUR
Castbox is the leading global spoken audio platform pioneering in-audio search to deliver contextual recommendations for listeners of podcasts, on-demand radio, and audio books.
Quora is an American question-and-answer website where questions are asked, answered, followed, and edited by Internet users, either factually or in the form of opinions. Quora is a place to gain and share knowledge. It’s a platform to ask questions and connect with people who contribute unique insights and quality answers.
Slack is essentially a chat room for your whole company, designed to replace email as your primary method of communication and sharing. Its workspaces allow you to organize communications by channels for group discussions and allows for private messages to share information, files, and more all in one place. Slack Freemium subscription model. It generates revenue primarily from paid subscriptions. Those subscriptions are paid either on a monthly or annual basis, based on the number of users a company has on Slack.
Trello is, at its core, an online corkboard. You use it to organize “cards” into lists—those cards can be tasks, notes, projects, shared files, or anything else that helps your team work together.
LastPass is a freemium password manager that stores encrypted passwords online. The standard version of LastPass comes with a web interface, but also includes plugins for various web browsers and apps for many smartphones. It also includes support for bookmarklets.
Evernote is an app designed for note taking, organizing, task management, and archiving. It is developed by the Evernote Corporation, headquartered in Redwood City, California. The app allows users to create notes, which can be text, drawings, photographs, or saved web content.
Adobe Photoshop is a critical tool for designers, web developers, graphic artists, photographers, and creative professionals. It is widely used for image editing, retouching, creating image compositions, website mockups, and adding affects. Digital or scanned images can be edited for use online or in-print.
Buffer is a software application for the web and mobile, designed to manage accountsin social networks, by providing the means for a user to schedule posts to Twitter, Facebook, Instagram, Instagram Stories, Pinterest, and LinkedIn, as well as analyze their results and engage with their community.Buffer is a new and smarter way to share what you want to share on Social Media. Posts in your queue will be sent out automatically by Buffer, according to the posting schedule that you put in place.
HOME BASED BUSINESS IDEAS
HOME BASED BUSINESS IDEAS
SOCIAL MEDIA AGENCY
Such an agency promotes products and services of a company by devising effective strategies. Marketing is the main function of a social media agency. These companies manage a brand’s presence on all social networking sites while working to get the attention of the maximum audience possible.
SHOPPING DROP SHIPPING
Drop shipping is a supply chain management method in which the retailer does not keep goods … in a physical brick and mortar store or provide a hard copy or online product catalog to enable customers to review items before purchase.
AMAZON FBA
Fulfillment By Amazon (FBA) is a service provided by Amazon that provides storage, packaging, and shipping assistance to sellers. This takes the burden off of sellers and grants them more flexibility in their selling practices. The program allows sellers to ship their merchandise to an Amazon fulfillment center, where items are stored in warehouses until they are sold. When an order is placed, Amazon employees physically prepare, package, and ship the product(s).
PAID SURVEYS
A paid or incentivized survey is a type of statistical survey where the participants/members are rewarded through an incentive program, generally entry into a sweepstakes program or a small cash reward, for completing one or more surveys.
ONLINE FLIPPING
Flipping an item just means buying an item for a good price and selling it for more elsewhere. Generally, you buy items used at places like thrift stores and garage sales and sell them online.
PERSONAL BRANDING
Personal branding is the practice of marketing people and their careers as brands. It is an ongoing process of developing and maintaining a reputation and impression of an individual, group, or organization.
GRAPHIC DESIGN
Graphic design is the process of visual communication and problem-solving through the use of typography, photography, iconography and illustration. The field is considered a subset of visual communication and communication design, but sometimes the term “graphic design” is used synonymously.
FIVERR FREELANCER
Fiverr is a platform that demeans freelancers by forcing them to put cheap price tags on their skills and services. If you’re freelancer who’s just starting out or planning to become one, avoid using Fiverr to offer your freelance services.
IMPROVE YOUR FINANCIAL STATUS
IMPROVE YOUR FINANCIAL STATUS
Track your expenses
Tracking your expenses helps you to see spending mistakes before they become disastrous personal finance problems. Tracking your expenses helps make you more mindful of spending in the moment. Tracking your expenses can kill financial stress.
Read books about finance
It makes the reader understand how very simple finance tips can help in managing your everyday finances while the “pay yourself first” money can help in wealth accumulation for the future.
Have a side hustle
A side hustle is any type of employment undertaken in addition to one’s full-time job. A side hustle is generally freelance or piecework in nature, providing a supplemental income. Side hustles are often things a person is passionate about, rather day a typical day job worked in order to make ends meet.
Always use coupons
People use coupons to save money. … However, coupons allow stores to also get business from people who have relatively more time on their hands (to find and cut coupons) than they have money, and would only make the purchase at the lower price offered by the coupon.
Find a mentor
A financial mentor is essentially someone who can help you plan smart strategies for how to spend, save, and invest your money. Money can get complicated and having a trusted financial mentor can bring clarity and context to your financial decisions and make things like investing and saving a little easier to manage.
Start Investing
Investing when you’re young is one of the best ways to see solid returns on your money. That’s thanks to compound interest, which means your investment returns start earning their own return. Compound interest allows your account balance to snowball over time.
The Biggest Money Wasters
The Biggest Money Wasters
Fast food
Eating foods that contain it can increase your LDL (bad cholesterol), lower your HDL (good cholesterol), and increase your risk for type 2 diabetes and heart disease. Restaurants may also compound the calorie-counting issue.
Expensive cars
The price of a new car is typically much more expensive than if you bought the vehicle used. Be prepared to pay much more in sales tax. New vehicles are said to lose up to 20 percent of their value as soon as you drive off the lot.
Addictions
Addiction is a psychological and physical inability to stop consuming a chemical, drug, activity, or substance, it is causing psychological and physical harm.
Gambling
Mental health disorders.People who gamble compulsively often have substance abuse problems, personality disorders, depression or anxiety. Compulsive gambling may also be associated with bipolar disorder, obsessive-compulsive disorder (OCD) or attention deficit/hyperactivity disorder (ADHD).
Alcohol
People who drink alcoholalso develop a high risk of chronic liver cancer and many other liver diseases.
People who drink alcoholalso develop a high risk of chronic liver cancer and many other liver diseases.
Smoking
Cigarettes contain nicotine, which is highly addictive. Even if you want to quit smoking, you may find it difficult because you’re addicted to the effects of nicotine.
Cigarettes contain nicotine, which is highly addictive. Even if you want to quit smoking, you may find it difficult because you’re addicted to the effects of nicotine.
Designer brands
Huge development costs. The biggest disadvantage of branding is that it involves huge cost because brands are not created overnight and companies have to spend huge sums on advertising and publicity.
Ways To Grow Money
Ways To Grow Money
Savings account
A Savings Account is a basic type of bank account that allows you to deposit money, keep it safe, and withdraw funds, while earning interest.
Fixed Deposit
A fixed deposit is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date.
A fixed deposit is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date.
Health insurance
Health insurance is a type of insurance coverage that pays for medical, surgical, and sometimes dental expenses incurred by the insured. Health insurance can reimburse the insured for expenses incurred from illness or injury, or pay the care provider directly.
Stock market
Description
A stock exchange, securities exchange or bourse is a facility where stockbrokers and traders can buy and sell securities, such as shares of stock and bonds and other financial instruments.
Mutual fund
Should you get ready for a lockdown tax ?
Should you get ready for a lockdown tax ?
Tax
The protracted war against the corona virus is affecting government coffers, leading to states wanting to raise taxes as much as possible in an effort to offset some deficits.
Sealed borders
With each state’s borders sealed, the risks of smuggling have been ruled out, leaving the states free to drastically raise taxes.
Back to back hikes
For example, one day after the 25% hike in the state of Andhra Pradesh, the price of liquor was increased by another 50%. The new hike is expected to add an additional revenue of Rs 9,000 crore per year.
Fuel
As oil prices continue to decline around the world, governments have decided to raise fuel prices at a lower cost; For example, petrol in Delhi rose by Rs 1.67 per liter and diesel by Rs 7.10 per liter.
Other options
There are other hikes available to governments – entertainment tax, municipal tax and registration fees on local panchayat chess, cars and property – that can be enforced at any time.
Side Hustles You Can Start Now
Web development
Web development is the work involved in developing a website for the Internet (World Wide Web) or an intranet (a private network). … Among web professionals, “web development” usually refers to the main non-design aspects of building websites: writing markup and coding.
Start a blog
A blog (shortening of “weblog”) is an online journal or informational website displaying information in the reverse chronological order, with the latest posts appearing first. It is a platform where a writer or even a group of writers share their views on an individual subject.
Instagram marketing
Digital marketing is the component of marketing that utilizes internet and online based digital technologies such as desktop computers, mobile phones and other digital media and platforms to promote products and services.
Photography
The art or practice of taking and processing photographs.
Remote tutor
Online tutoring is the process of tutoring in an online, virtual, or networked, environment, in which teachers and learners participate from separate physical locations. Aside from space, literature also states that participants can be separated by time.
Pod casting
Podcasting is a free service that allows Internet users to pull audio files (typically MP3s) from a podcasting Web site to listen to on their computers or personal digital audio players. The term comes from a combination of the words iPod (a personal digital audio player made by Apple) and broadcasting.
Sell on Etsy
Etsy is a unique marketplace. Buyers come here to purchase items that they might not find anywhere else. Everything listed for sale on Etsy must be handmade, vintage or a craft supply.
Drive for Uber/Ola
Uber is a platform where those who drive and deliver can connect with riders, eaters, and restaurants.
Write e book
An eBook is an electronic version of a traditional print book that can be read by using a personal computer or by using an eBook reader.
Affiliate marketing
Affiliate marketing is the process of earning a commission by promoting other people’s (or company’s) products. You find a product you like, promote it to others and earn a piece of the profit for each sale that you make.
Travel consultant
Determining clients’ needs and suggesting suitable travel packages. Organizing travels from beginning to end, including tickets, accommodation and transportation. Supplying travelers with pertinent information and useful travel/holiday materials.
Online coaching
online coaching involves a tool such as Skype, Adobe Connect, Google hangout, GoToMeeting or others. It also involves two (or more) people who have a common interest- working through challenging situations or unsatisfactory results in their lives or work.
10 Movies For Entrepreneurs
10 Movies For Entrepreneurs
1.Wall street
The film tells the story of Bud Fox (sheena), a young stockbroker who becomes involved with Gordon Gekko (Douglas),a wealthy, unscrupulous corporate raider.
2.Money ball
In the film, Beane (Brad Pitt) and assistant GM Peter Brand (Jonah Hill), faced with the franchise’s limited budget for players, build a team of undervalued talent by taking a sophisticated sabermetric approach to scouting and analyzing players.
3.Catch me if you can
The film is based on the life of Frank Abagnale, who, before his 19th birthday, successfully performed cons worth millions of dollars by posing as a Pan American World Airways pilot, a Georgia doctor and a Louisiana parish prosecutor. His foremost crime was check fraud; he became so highly skilled that the FBI later turned to him for help catching other check forgers.
4.The social network
Adapted from Ben Mezrich’s 2009 book The Accidental Billionaires, it portrays the founding of social networking website Facebook and the resulting lawsuits. It stars Jesse Eisenberg as founder Mark Zuckerberg, along with Andrew Garfield as Eduardo Saverin, Justin Timberlake as Sean Parker, Armie Hammer as Cameron and Tyler Winklevoss, and Max Minghella as Divya Narendra.
5.The founder
The Founder is a 2016 American biographical comedy-drama film directed by John Lee Hancock and written by Robert Siegel.The film premiered at Arclight Hollywood on December 7, 2016 and was released theatrically in the United States on January 20, 2017 by The Weinstein Company. It grossed $24 million worldwide and received generally positive reviews from critics, who praised Keaton’s performance.
6.Office space
Office Space was filmed in Dallas and Austin, Texas. It is based on Judge’s Milton cartoon series and was his first foray into live-action filmmaking and his second full-length motion picture release, following Beavis and Butt-Head Do America.
7.Startup.com
Picking up where today’s headlines leave off, Startup.com examines the current troubled state of the Internet revolution, in which inflated ideals and dreams of instant wealth have been supplanted by harsh economic realities and broken promises.
8.Twelve angry men
A dissenting juror in a murder trial slowly manages to convince the others that the case is not as obviously clear as it seemed in court.
9. Wolf of wallstreet
Introduced to life in the fast lane through stockbroking, Jordan Belfort takes a hit after a Wall Street crash. He teams up with Donnie Azoff, cheating his way to the top as his relationships slide.
10.Rouge trader
This drama, based on a true story, follows Nick Leeson (Ewan McGregor), a young British man working at Barings, a major investment bank. Sent to Singapore and placed in a position of authority at the bank’s branch there, Leeson takes advantage of the thriving Asian market to make risky trades.
2020 Blog Trends You Need to Know About to be Successful
2020 Blog Trends You Need to Know About to
be Successful
Photoshop Tutorials
Travel
Gardening
Business Consulting
Art & Culture
App Reviews
Cryptocurrency
Book Reviews
Beauty and Fashion
College Planning
Interior Design
Home Exercise Workouts
Home Cooking
Bodybuilding
Pet Care & Training
Personal Development
Photography
Psychology
Restaurant Reviews
Top 7 Benefits of Investing in Real Estate
Top 7 Benefits of Investing in Real Estate
Real estate investment is one of the most popular and profitable investment in term of high return rate and high profit. Real estate investment has a potential to gain long term and short-term business success with different investment motives. When someone put his investment in real estate market or property business, he may open the door of multiple advantages or benefits for his property business.
Apart from the other type of business, investors could also enjoy a steady income flow that may lead his business toward financial freedom. Only a right real estate market strategy, business plan and investor goals streamlined or brings right real estate benefits.
Here, we are going to discuss few benefits of real estate investment for a successful property business.
The Benefits of Real Estate Investing
Investment with High Return and Profit
If you as an investor choose right real estate investment than be sure about your secure future. Real estate has many benefits, high return and high profit is one of them. Your real estate investment decision could be one of the best decisions of your life in term of getting high profit or return in a very short time. Through your real estate investment, you can generate wealth on your rental, buying or selling property or could be hedge against inflation. Real estate expert and professional would be able to get profit on their house for sale, plot for sale and on rental properties. Real estate investment converts your passive income or cash flow into profitable profit or return.
Stable Income
As we all know that real estate investment is much and stable than stock exchange or import-export investment. The other market investments going through many fluctuations on daily basis, but real estate does not have daily basis fluctuation, its prices fluctuate once in 5 or 10 years. Only real estate investment stables your income as compare to other investments. The real estate investment is like a high-profile job but with desired income or profit.
Once you invest your money into real estate market or other real estate types, you will be able to collect your fixed return along with high profit. If you put your investment in rental properties than you would be able to get fixed periodic profit without your active involvement. As we all know that the real estate market prices vary from area to area or country to country, so profit and income is directly related to your real estate market. Others factors doesn’t affect real estate market directly so remember one thing about this investment that it is stable and safe than other.
The Assets Value Increase over Time
As real estate investments have many types or real estate assets. Through these real estate assets or investment types, investors could get high profit because real estate assets values increase over time. As you have rental property so you very well that rents increase day by day due to increasing demand of facilities available and high inflation rate. If you have asset like house for sale, its value could be increase over time to get high profit on it. As construction cost rates increased day by day, the return rate automatically increases. The value also increases because of the high investment on these assets and due to extra maintenance cost.
Real Estate Investment Helps Country Local Economy
One of the noticeable advantage or benefit of real estate investment is that it helps country’s local economy. Directly or indirectly this investment will increase country economy or not only profitable for the investors but country as well. If you are real estate investors than you will also help your country as much as you can through your investment. All real estate investors could employee more people in their real estate business or construction site or actively help to minimize the unemployment in the country or help country to build strong economy.
It Offers Flexible Investment Options
Real estate market is a huge or vast market as compared to other markets. It offers investors many flexible investment options according to their interest or caliber. If you want to run rental real estate than you could easily put your investment in that field. If you are interested to do commercial or residential real estate business than it will provide multiple guidance sources and resources regarding your property business. You can invest your money in your own desired real estate field and earn huge profit without third party involvement.
The flexibility in real estate will also help you to show expert skills and build your individual portfolio over time as well. You can save your profit you have generated from your real estate business and invest this into another real estate project for more profit and return. You can hire employees to boost your business on wider scale for your business reputation and marketing. As other investments have limit in term of profit or scope but real estate earning, scope and profit would be limitless.
Tax Benefits over Depreciation
As there are many benefits of real estate investment, tax benefit is one them which you get over depreciation. As every real estate investor know about their property projects worth, that how they build their income over time, they want to get more and more profit on it. Investors could generate profit when their projects leased. Leased property or projects will help you to save you from extra taxes through depreciation. Only real estate investment provides you tax benefits over depreciation others not.
Real estate investment benefits are enormous but we could expect above mentioned benefits will clear your future investment perspective and will help you to get high return and profit on your investment.
You Are Your Own Decision Maker
The best part about real estate is becoming your own boss. Just like any other business, you have the complete autonomy and control over your real estate investment strategies as well as your failures and successes. You call the shots on which property to invest in, the tenants who will live under your roof, how much rental income to charge per month, and who will manage and maintain the property as a whole. The benefits of investing in real estate make you your own decision maker.
Things You can do to Improve Your Income
Things You can do to Improve Your Income
If you ask several people if they would like to increase their current income the majority would respond positively to this question. Thankfully, we live in a digital world where people can find plenty of secondary sources of income.
Think of apps for example. There are apps for everything nowadays, from payment apps to apps for exercise, cooking recipes and even automotive apps that save you money. The developers of those payment get paid every time someone downloads their payment apps.
However, most people aren’t developers but this can’t stop them when it comes to increasing their income. Here are a few tips in that regard:
Teach a Language Online
In today’s multicultural world it’s common for people to speak more than one language. This gives them an opportunity to increase their income. There are plenty of teaching platforms online that give people this opportunity. If you speak more than one language then you can set up an account at one of these platforms and start teaching.
Moreover, if you know only one language you can still give online teaching a go. For example, if you’re a native English speaker you’ll be happy to know that most English teaching websites will welcome you with open arms
Sell Your Old Things
Everyone has some things that they would like to get rid of. If you have some old books, clothes, toys or an old piece of furniture then chances are that you could get some money for them. If toys are the items in question you could sell them to your local kindergarten.
Moreover, if you have a good comic book collection you might find someone online to sell it for good money. Also, having a garage sale is a good way to get rid of that old stuff and increase your income.
Do Some Chores
There are plenty of busy people in every town or city and you could make some money if you help them with their chores. As they’re super busy they won’t time to wash their clothes, iron them, clean up their apartment, mow the lawn, wash the dishes and other simple stuff.
For a price, you could help them out and use that service as your second source of income. Furthermore, older people probably need a similar type of help so you can put them on your list of clients.
Use Your Hobbies to Your Advantage
You can use some things that you do in your free time to earn some extra money. For example, if you’re good at writing you can find freelance websites that will connect you with a company that needs a good content writer.
If writing isn’t your thing then you can try other stuff. If you’re pretty good at exercising then you could become a personal coach to a client. What you should do is make the hobbies your hobbies work to your advantage and you’ll have a higher income.
Virtual assistant
People only have so many hours in the day, and they have to assign value to their time. Is it cheaper to pay someone else to do things like return emails, schedule appointments, invoice customers, dispute charges on their credit cards or to do it themselves?
If their time is valued at $100 an hour and they can pay a virtual assistant $20 an hour to do them, then the choice is obvious. It makes sense to outsource those tasks. You can find these kinds of jobs on freelancing sites.
You and your employer don’t have to be in the same place. Some VA’s never even talk to their boss on the phone; everything is done via email or texting.
Real World Assistant
Real world assistants do all the same kind of tasks a virtual assistant does, but you are working in the same place. You can find these jobs in all of the traditional job finding places but if you are aware of some entrepreneurial people in your city and you can somehow wrangle a meeting, pitch yourself as their assistant.
This is a good strategy particularly if the person is involved in an industry you are interested in. You can use your time as their assistant to learn what they know and if you’re lucky, develop a mentoring relationship with that person.
Make extra money with online surveys
Want to get paid for your opinion? Using Survey Junkie you can share your opinion to help brands deliver better products and services. After you create your profile, they will start matching you to online surveys you can take online anywhere, anytime, and on any device.
Completed surveys earn virtual points that can be redeemed for PayPal or gift cards. Survey Junkie is great for anyone who is interested in earning money from their couch.
Sharing with Social Networks
Converting Credit Card Bill to EMI – Good or Bad?
Converting Credit Card Bill to EMI – Good or Bad?
Converting Credit Card Bill to EMI– Credit Card EMI is one of the most popular methods used nowadays for shopping. You might have seen an option on shopping site to convert your credit card payment to EMI. Converting a credit card bill to EMI means clearing credit card dues by EMI (Loan). You must be aware that there are two options to pay a credit card bill. You can either pay a full bill before the due date or you can pay minimum amount due. If you have difficulty in finding options to pay credit card bill, you can go through the article – 10 Methods to Pay Credit Card Bill Online and Offline. If you clear full fill before the due date you need to pay any interest. However, if you clear only minimum dues you need to pay interest amount.
EMI Conversion for clearing credit card due is another method. This method is used to attract the customer who is unable to pay entire bills on time. It is a convenient and easy option.
How credit card bill to EMI option works?
In credit card EMI option you need to pay little amount every month. This option is similar to other loan EMI. Here you need to pay a portion of principal dues and interest component every month till the full amount is paid.
The option for EMI is available at the time of purchase or at the time of making credit card bill payment. Bank offers this option based on your card and credit behavior. At the first instance, you may find this option very useful as you can save yourself from paying a lot of money at a single go. However, you need to evaluate this option as a whole before opting.
How to convert Credit Card Bill to EMI Option?
The process of converting your credit card bill to EMI is very simple. You can use net banking, SMS or phone banking to avail this facility. Few banks also provide this facility via mobile app. The step by step method to convert credit card bill to EMI in SBI, ICICI is given below.
SBI Credit Card Bill to EMI
Through SBI Net Banking
- Login to SBI Net Banking Account.
- Under the Benefit Menu click on Flexipay.
- Select the transaction which you want to convert to EMI.
- Make selection of repayment period and confirm.
- Your transaction will be converted to EMI.
Through SMS
You can also use method of SMS to convert your bill to EMI. You need to send SMS “FP” to 56767. You will receive call from SBI executive asking for detail about transaction which you want to convert to EMI. On sharing details your transaction will be converted to EMI.
ICICI Credit Card Bill to EMI
Through ICICI Net Banking
- Login to ICICI Net Banking account.
- Go to My Account and select credit card option.
- Select Convert to EMI option from Menu.
- Select credit card detail, EMI tenure and transaction.
- On submission your transaction will be converted to EMI.
Through iMobile App
- Download iMobile App and Register with your account.
- Go to Cards section and select the credit card.
- You will be able to see recent transactions.
- Select the transaction and click on convert to EMI option.
- Provide required detail for conversion.
Points to consider before taking credit card due to EMI option
You should consider following facts before converting your credit card dues to EMI.
Interest rate
The conversion to EMI is not free. You need to pay interest on the due amount. The interest rate range between 12-18% per annum. This rate of interest is lower compared to credit card interest rate which is in the range of 30-40% per annum.
Processing Fees
In order to convert credit card dues to EMI, you need to pay processing fees. The processing fees vary from bank to bank. Few banks do not charge any processing fees for the conversion of a credit card bill to EMI. The processing fees can be negotiated with bank.
Credit Limit Reduction
Once you opt for this facility your credit limit will be reduced by amount which you have opted for converting EMI. Your credit limit will increase by the amount you pay in EMI. Suppose your initial credit limit is Rs.150000 and you have opted for EMI facility for the amount Rs.40000. Your credit limit will be Rs.110000. It will increase every month with payment of EMI amount.
Over to you
Converting credit card bill to EMI is costly option as you need to pay additional interest cost on the goods purchased. It is recommended to use this option only in emergency when you are unable to pay your dues in time.