bookmark_borderElectronic Payment System

It is plain to see that electronic payment systems have more advantages than traditional banking services. Let’s see:

  • Saves on time

Money transfer from one virtual account to another may only take a few minutes, whereas a wire or postal transfer may take a number of days. Besides, you have to spend some time to go to the bank or post office and wait in line.

  • Controls expenses

Even if a person is willing to control his disbursements, it can take a lot of patience to jot down all the expenses, and this takes up a huge part of the total amount. On the other hand, the virtual account comprises the history of all the transactions, including the store name and amount spent. Best of all, you can check it whenever and wherever you like. In this case, an electronic payment system works to your advantage.

  • Reduced loss and theft
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bookmark_borderIncrease Your Income

Your primary income source is your lifeline. This is why we want to increase it. All too often people start new business ventures and let their primary income flow dry out. Remember your primary source pays the bills, keeps food on the table, and it will fund future investments ventures.

The movement to become your own boss is enticing. The road is paved with broke bosses and would be entrepreneurs. Starting a side hustle is the correct thing to do. But not before you secure and increase your first flow. Your first flow funds your entire lifestyle. Don’t forget that.

How can you increase your income now with your first flow? How can you bring more money in with what you are already doing? Look at your income source. How can you earn more money with that? What other duties can you perform to get more money coming in?

You … Read the rest

bookmark_borderCredit Card Secrets

This is the same when applying for credit cards as a means of having another source of funds to spend. Most of the time, having credit cards are often associated to financial loss but with the right ways of handling it, you will be able to see how helpful it will be. Below are some tips and tricks you must know if have a credit card:

Check For Annual Fees

Most companies charge a certain amount of annual fee on the cards. However, very few people know that they can easily get rid of such fee, especially if they have a good credit score. For this case, all you need to do is to pick up the phone, call your bank and request for the fee to be removed. Tell them that you are going to dump the card if they don’t remove the fee.

Universal Rules

Say for example, … Read the rest

bookmark_borderDivorce and Credit

According to Experian, a credit reporting agency, “Many divorcing couples are confused by the role of the divorce decree. A divorce decree may specify who is responsible for accounts opened during the marriage, but it doesn’t break the contracts with the lenders. If the spouse responsible under the divorce decree is unable or unwilling to pay and the contract has not been changed by the lender, the late payments still will appear on both credit reports and will have a negative impact on credit scores for both individuals.”

Getting divorced is never easy, even when both parties agree it is for the best. So, it is understandable that you may not fully understand what is involved in a divorce decree. Simply stated, a divorce decree states who is responsible for which accounts. However, this does not remove the other person from that account. Meaning that if the other party does … Read the rest

bookmark_borderSmooth And Cheap Online Money Transfers

  • Take time to find the best exchange rates. Banks are not always the best when it comes to offering good exchange rates and you therefore want to do your homework before you go ahead with the transfer. By taking time to make comparisons between the different foreign exchange providers, you will be able to settle for the best rates that will give you maximum gains especially on currency conversions.
  • Always do an online search on the country you are sending the money to see if it is an international transfer you wish to make. Such a search will fetch you promotions and special deals from the relevant money transfer companies. You might be very lucky to find a company with an offer of zero fees on transfers for a given period of time.
  • Prioritize security and safety before making any transfer. The only way you will manage to enjoy a
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bookmark_borderBenefits of Hard Money Loans

  • Faster Approvals: Without a doubt, one of the major benefits of a hard money loan is the fact that investors can secure the pre-approval within one or two days, given they have submitted the handful of documents that the lender has requested. Hard money lenders primarily focus on whether the asset itself has good market value and that borrower equity is at least 20%. Financing can take place in less than a week, as compared to normal loans which may take a month or even more. When inquiring about hard money lenders, a key question to ask is how quickly they can fund.
  • Flexible Payments: With a private lender, you will have more freedom to create a customized repayment plan. With a big financial institution, you won’t have this freedom. Instead, you will have to accept the payment terms set by the bank. However, with a private lender, you can
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bookmark_borderBenefits of Belonging to a Credit Union

As they become more competitive in areas like ATM access and online banking, they may look increasingly like banks from the outside. But from the inside out, credit unions are unique. Instead of operating for the benefit of shareholders, as banks do, credit unions are owned by their members, for their members. When you join and open an account, you become a shareholder.

What this means, in practical terms, is that your membership offers you access to lower interest rates on loans, significantly lower fees on accounts, and higher rates on savings. Because they are not-for-profit organizations, any excess funds collected are returned to you, the shareholders, in the form of dividends.

They have been innovators in bringing the convenience of nationwide banking to their members without sacrificing the spirit of community. For example, they have teamed up with CO-OP Network, one of the nation’s largest ATM networks with over … Read the rest

bookmark_borderDifference The Between Rich And Poor

There are several factors in why the rich are getting richer, thought the biggest reason is their view of money. Most of the lower and middle class look as money as a way to live. The wealthy see it as a way to advance. Money is to be used as a tool, not a chain.

The viewpoint on money is deeply molded by those around you, especially family. Those not in the upper class were raised to work hard and save their money. Those from wealthy families are raised to work hard and invest their money. Most people stick with the lessons learned from their parents and use those principles for the rest of their life, thinking that that’s just how you are supposed to do things. If you were taught to invest by your parents that may be a good thing, though those from lower or middle class families … Read the rest

bookmark_borderReach Max Credit Score

If you have ever borrowed money or used credit in the past, you have a credit score that reflects how well you handled the credit extended to you. In general, you score shows how much credit you currently have available to you, how much money you owe on it and whether or not you are making timely payments on your current accounts.

Would be creditors and lenders use your credit score as a predictor of how likely you are to repay any credit extended to you. If you usually make your payments on time, you will surely have a better than average credit history, and it will be easier for you to obtain a loan from a bank or credit union. Those with the best credit scores qualify for the lowest rates.

If you have a poor credit history, you’ll find it difficult to obtain a loan from any lending … Read the rest

bookmark_borderMake Money With Online Bank Accounts

There is very good money to be make with this program, provided you know how to master the AdSense program. If you wish, you can do a search online for Google AdSense information. To master it properly, you need to know about ad positioning, colours etc. So its advised that you study up on this so you can maximise the most out of your Google AdSense bank account.

Another form of income online that most online business people use is affiliate marketing. With affiliate marketing, you simply promote and recommend products and services to the market that these products and services based in. That is affiliate marketing in a nut shell. In order for you, the affiliate marketer to receive payment, there has to be a payment service put in place. For many affiliate marketers, there is a common website that they go to in order to find products and … Read the rest