Finance

  • Types of bankruptcies and going through bankruptcy (personally or business wise)
    Business, blogging & Money, Finance

    Types of bankruptcies and going through bankruptcy (personally or business wise)

    Becoming bankrupt is a fear that most people will never have become a reality. But, for the few people that have to live through this nightmare, there has to be some change. Once you’ve been in this situation, though, the only real way is up. And, if you play your cards right, you can have a second chance at a good life. You just need to take the next few years very seriously. And, put some work in. To help you out with this, this post will be going through some of the stages in time that you will need to consider.  (more…)

  • Time to escape the dead weight of renting
    Business, blogging & Money, Finance

    Time to escape the dead weight of renting

    At a certain point in your life, you need to think about how you’re going to stop renting and start buying. Renting, as you may have heard, is dead money. What this means is that you’re paying for something and in the long term, you’re not getting any benefit from it. You might also be spending extra money on the property that is ultimately going to benefit someone else.

    For instance, you may have been renting a property for a few years. At a certain point, you might start to think about making improvements and completing renovations. This could ultimately end up costing you thousands and eventually you’ll move on. But, when you do, you won’t see the benefits of the money you put into the property. It’s the landlord who will benefit from your hard work and cash.

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  • You can be your own save-iour and save your money like a pro
    Business, blogging & Money, Finance

    Save-iour and save your money like a pro

    Saving money has to be one of the most unnatural things any of us have down since we flew abroad (flying is pretty unnatural as far as we are concerned).

    In fact, we met someone last week who had gone as far as hypnotism to trick himself in his search to become better at saving money, which is pretty extreme.

    Luckily for you, there are some less intense and far-fetched ways of improving your self-discipline that will ensure you aren’t always struggling at the end of the month, and aren’t always so broke-broke. So, smile, save your money and read on.  (more…)

  • Cutting costs and boosting profit
    Business, Business, blogging & Money, Finance

    Cutting costs and boosting profit

    Outgoings are the single biggest killer of independent businesses. Whether that be stock, wages, tax, rent or mortgage payments; these outgoings can add up to a serious amount at the end of each month. As such, we have collated a list of tips and tricks from other small business owners that have managed to survive the tough economy and come out stronger than ever. (more…)

  • How business analytics can help improve every part of your business
    Business, blogging & Money, Career, Finance

    How business analytics can help improve every part of your business

    Analytics is becoming big business. Data analysts (or data scientists as they’re sometimes called) are in high demand, even hailed as having the sexiest job of the 21st Century. But what on earth is analytics? And what business use does it have?

    Simply put, analytics is a way of collecting data and making use of it in order to improve business. Data is often presented as charts and graphs that long ago might have been time-consuming to produce, but now can be produced digitally with the click of a mouse. There’s also more need for analytics now, with the internet practically overflowing with data that it’s becoming harder and harder to pinpoint reliable information.

    Still don’t get it? It’s probably best explained in its specific uses. Here are some ways modern businesses are using embracing analytics.

    (more…)
  • business debt
    Business, Business, blogging & Money, Finance

    How to get get rid of your business debt

    A business in debt is almost more common than one with no debt at all. While most companies struggle with this at one point or another, small business owners feel the heavy weight of this a bit more than the bigger players on the field.

    It makes it a lot harder to prosper as well and to reach that state where you’re able to grow and build your company. (more…)

  • How to protect yourself from ransomware
    Best Of, Finance, Internet Freedom

    How to protect yourself from ransomware

    Let’s get personal today – I want to warn you for something that’s been going around the web. I wrote this article a few weeks back, but I guess now is the time to share. I have one (sometimes two) standard days in the week that I backup my whole life. This is probably the #1 most important task I have because without my digital files I would be nowhere.  (more…)

  • An essential guide to taking control of your retirement funds
    Business, blogging & Money, Finance

    An essential guide to taking control of your retirement funds

    Not many of us like to think about retirement. Sure, many of us are looking forward to being relieved of the burden of our jobs. But retiring at an old age doesn’t seem like the optimal way to do it! Still, retirement age is something many of us will have to deal with. Avoiding the issue can put you at a severe disadvantage in your later years.

    It’s important that you don’t allow control of your pension to slip out of your hands. This is a mistake a lot of people make. They leave it up to other vague forces to deal with their retirement funds. And when the day comes where they need to collect the savings, they may find themselves filled with regret.

    Your pension is something you can take a lot more control with than you may think. You should definitely be exploring these kinds of options so you don’t end up losing out later. 

    Read also the REAL costs of running a successful blog business, including saving for retirement here. (more…)

  • 4 Common ways you can make money from traveling | Travel and work
    Business, blogging & Money, Digital Nomad lifestyle, Finance, Travel, Travel Hacks & Tips

    4 Common ways you can make money from traveling

    For many people, traveling the world is the ultimate dream. It gives them the chance to visit new and exciting destinations while developing as a person. However, there is one very obvious downside to this grand plan: it costs way too much money!

    Thankfully, though, it is possible to make a bit of money while you are on your travels. Here are some ideas that can help you earn the big bucks and travel and work!  (more…)

  • Why Vacation Real Estate Can Be Great For Both Business And Pleasure
    Business, blogging & Money, Finance, Travel, Travel Hacks & Tips

    Why vacation real estate can be great for both business and pleasure

    For most of us, having seasonal property is a bit of a pipe dream. We would all love to have a ‘holiday home’, but the expenses often mean that it stays just that: a pipe dream. However, have you ever thought of buying a vacation property and using it as a business venture?

    If you live the digital nomad lifestyle, it probably means you’re never in the same place for long.

    So if you could do with a little extra cash (who couldn’t, really!), investing in holiday property could provide you with a significant return. Then, when you are not renting it out, you have somewhere home-like to visit that enables you to spend time in a certain part of the world.

    Whether you choose to keep it just for yourself and family or whether you choose to make it into a rental, here are the top things you should look for in new real estate.
    (more…)

  • How To Mitigate Risks Running A Business In A Creative Industry
    Business, Business, blogging & Money, Finance

    How To Mitigate Risks Running A Business In A Creative Industry

    All the creative industries are vibrant and interesting. But the businesses operating in them tend to exist in a precarious way. It’s hard to stay afloat and on top when you also need to be creative and stick to your artistic principles. It’s a balancing act that many people have tried to get to grips with over the years. Some of them succeed, and others fail. That’s just the way it goes. To make sure that you are one of the entrepreneurs that succeed rather than fail, you should know the risks involved. When you are not aware of all the risks that you face, your business will fail.

    Knowing what those risks are is just the first step, however. You also need to know how to combat those risks and mitigate them. If you can manage to do that, your business will be so much more secure. There are so many risks that threaten your business, but that’s not a reason to roll over and give up. Instead, it should spur you on and give you further reasons to aim for success and keep your business in profit. Here are some ways that will allow you to mitigate the most common risks your business will face. (more…)