One of the many famous phrases that have caught the attention of people is that “money cannot buy happiness”. Well, this may be an uplifting and an encouraging expression to hear for people who have not experienced real wealth. But for people who have lived a luxurious life and due to some bad financial decisions ended up being broke, nothing can be worse than that for them.

Being broke can be a dead-end for many, and some people even choose to take some extreme steps to overcome the depression imparted on them by being broke. No one likes to live in a hand-to-mouth situation, especially those who have experienced living in total wealth and spent a luxurious lifestyle.

What happens if someone is going through broke-depression? It is a severe condition and in extreme cases might begin to impact a person’s mental health. Having a low socioeconomic status can negatively affect an individual’s personality. Therefore, when broke, people need to stay positive. It is easier to say then to act over it practically, but this is the only way out of this condition. Once poverty depression strikes, it becomes difficult for people to come out of it.

A guide has been prepared for people coping with depression-like symptoms after being broke and looking for relief, which highlights the ways a person can stay positive and feel uplifted when broke!

1. Acceptance of the Financial Situation:

The first step to overcome the depression phase after ending up broke is to accept it. For a person to accept the reality of being in debt after being a wealthy personality is the very first step in their recovery. This acceptance leads to an individual to cut down the expenses and look at the actual picture. It will make a person feel sad, but it is the right direction, as with acceptance comes clarity.

2. Read the Stories of Real Personalities:

There are and were many personalities in the world that went through a similar phase. People who once lived the wealthiest lives ended up being broke as a result of bad financial decisions. Nicolas Cage, Mike Tyson, Walt Disney, Abraham Lincoln and many other famous personalities ended up broke but got back up and earned it all back. Examples like these might work as motivators and help people stay positive at the time of bankruptcy.

3. Strategize and Plan:

No matter how helpless one may feel after running out of all the money, giving up is not the option. To stay in the game, it is better to stand up as soon as possible. Take this time off as an opportunity to strategize and plan. It is not necessary to make a fancy plan; one may start from a small scale. Keep the plan achievable as small steps help in gaining momentum. A part-time job may help in giving a push to the prepared plan, also, connect with the successful family members or friends to know about the opportunities in the market.

4. Master at the Art of Networking:

Networking may be a bit difficult for people in this kind of mental state, but it helps to keep the individuals motivated. It might feel overwhelming at the start, but it will be just fine. Being a part of receptions and networking events are low-risk steps but can be highly productive and make way for excellent opportunities. Whenever such events happen, a person must make sure they become a part of it.

5. Find Happiness in Experiences not Materials:

Often people look for happiness in materials rather than experiences; this is a significant reason why they are exposed to depression. People must look for the moments that please them. Therefore, people must give up their materialistic approach and find happiness in moments and not physical things.

People who have ended up broke may incorporate these tips in their lives, as these will help them stay positive and will prevent them from giving up. Being broke is a significant set back in life and can break a person not only physically but even mentally and spiritually. A guideline like this can help such people get their lives back on track!

 

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing services to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks file, critical financial documents and back office tools in an efficient and secure environment. Complete Controller’s team of US based accounting professionals are certified QuickBooks™️ ProAdvisor’s providing bookkeeping, record storage, performance reporting and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay services. With flat rate service plans, Complete Controller is the most cost effective expert accounting solution for business, family office, trusts, and households of any size or complexity.

The digital world is changing its dynamics and providing better opportunities to work from home. Home based jobs provide great alternatives to people having health issues, or those who want to take care of their loved ones by staying home, and those who do not want to get into the hassle of going into the workplace. According to the research, around 40 million Americans work as a part-time worker. However, for home jobs, it requires having a computer, internet connection, and the basic technical skills.

This article explores some best home based jobs that can give great earning as well as valuable experience.

Affiliate Marketer

Affiliated marketing is also known as referral marketing which helps in earning commissions. Affiliated marketer works by having a website, which refers to a book or a link on Amazon. Amazon will pay an amount when a viewer clicks on the particular link and make purchases. Affiliated marketing is very common because people can start earning without making big investments.

Blogger

Blogging is all about writing randomly a book review, about the different delicacies or music. People with this hobby can start earning money easily. Bloggers need to be patient about receiving payments. However, a blogger is a writer who has a potential of building an audience by growing his sites and finding new ways to start earning. There are different ways through which a blogger can earn money for example, affiliate marketing, banner ads, and Google AdSense.

Vlogger

Vloggers are those creative minds who convert their hobbies into a business. Anyone can start vlogging just by signing up on YouTube channel. It is about giving tutorials on something that someone enjoys doing, like giving beauty tips, sharing home remedies or fashion tutorials. Vlogging requires a high-resolution camera and some creative instincts to show the magic. YouTube place ads inside the video by signing the YouTube partner program, which helps to earn more money.

Data Entry

Companies usually hire a freelancer to perform data entry task. That company’s data is used to track shipments, inventory and creating business plans, which helps in measuring the outputs and the organization’s performance. This job requires a great computer and typing skills. Data entry worker can also work as a freelancer on a schedule that suits them by signing up on websites like Upwork and SimplyHired and can earn a good amount.

Translator or Transcriber

According to the research, most translators prefer to work as a freelancer and follow the adherence of strict deadlines. The requirement of the translator is to have a complete command over two or more languages and holding at least a bachelor’s degree. The translator needs to be efficient in translating documents, video clips, and audio files by keeping the cultural differences in mind. However, there are so many freelance jobs are available at Upwork and Mothertounge.

Animator

The job of an animator is to create and design visual effects for movies, game and other kinds of media. Animators do not need to go to the office they can earn as a freelance animator from home.

Online instructor

Now a day, students have an opportunity to learn virtually which also opens different opportunities for teachers to instruct and guide them virtually. Virtual learning is an advance and collaborative technology, which also requires a special software. To become an online instructor, a teacher must have extraordinary teaching skills and exceptional educational background. There is a number of jobs posted online at a different website like GetEducated.

Website Tester

The job of website tester is to make sure that the website is loading quickly and customer friendly. However, there are number of opportunities available online for website testers. Companies pay huge amount to freelance website tester to make websites easy to navigate. However, it only takes 15 minutes to take the website test. There are number of websites offer web testing jobs like YouEye and UserTesting. In order to earn more, web tester should register in maximum companies. 

 

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing services to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks file, critical financial documents and back office tools in an efficient and secure environment. Complete Controller’s team of US based accounting professionals are certified QuickBooks™️ ProAdvisor’s providing bookkeeping, record storage, performance reporting and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay services. With flat rate service plans, Complete Controller is the most cost effective expert accounting solution for business, family office, trusts, and households of any size or complexity.

Did you know that in 2018 alone the WhatsApp messaging platform was downloaded 747 million times, according to Priori Data? That is, on average, it was downloaded more than 2 million times a day in the world.

Although Facebook, Instagram and Messenger are also among the most downloaded Apps, the games represent an attraction for smartphone users. According to the Statista statistics page, 6 of the 10 most downloaded Apps in April 2019 were games. For example, the Stack Ball game was downloaded 25.1 million times during that month alone.

Can you imagine the amount of money a game can produce for having thousands of users? Do you know where the money earned by an App creator comes from? The Apps business goes in only one direction. This is how these products are profitable.

 

In 2018, mobile phone users spent $ 71.3 billion on Apps

These figures revealed by Sensor Tower Store Intelligence, an American company specializing in data on mobile applications, demonstrate the multi-million dollar business it has become.

Figures from the same company stated that the growth in this item compared to 2017 was 22.7%. In 2017, users allocated US $ 58.1 billion in Apps downloaded from iOS and Android devices.

If you are wondering what the users of mobile applications spent the money on, we tell you that these revenues presented above correspond only to three items; Purchases in applications, subscriptions and acquisition of Premium Apps.

 

Where does the money from the earnings of an App come from?

1. In-App Purchases: This model is widely used in free applications, where users can download extra products within it. For example, pay to get more lives or more candy in Candy Crush.
2. Freemium: The free App is offered, but for use without advertising or with additional improvements you can purchase the Premium version. For example, Spotify, which allows access to additional and improved functions by acquiring the Premium version.
3. Advertising: Incorporation of advertising within the App. It can be selling direct advertising with the interested company, or through mobile ad networks such as Google AdMob.
4. Offering a product or service: UBER, for example, earns revenue from the transport service. Amazon does it as a sales platform.
5. Subscription: The best example is magazines and newspapers, which allow access to special and unlimited content. In order to enter the App, you need to subscribe.
6. Sale: There are Apps that to be able to use them, it is necessary to buy them.
7. Data collection: There are Apps that legally have authorized access to information from thousands of users. These data are very valuable, as information such as sex, age, location and behaviors, among others, can be very useful for brands and advertising companies.

 

There are free applications that correspond to an additional service of another product or service that is provided outside of digital platforms. There are also other free apps that serve as a means of loyalty and attracting new customers, so they do not seek a direct return. Profiting an App is not a simple job, since the first job is to position yourself in a market with thousands of mobile applications.

According to predictions from App Annie, a company specialized in Apps analytics, in 2019 their revenues will reach US $ 122 billion. This ambitious figure is about to be verified.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing services to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks file, critical financial documents and back office tools in an efficient and secure environment. Complete Controller’s team of US based accounting professionals are certified QuickBooks™️ ProAdvisor’s providing bookkeeping, record storage, performance reporting and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay services. With flat rate service plans, Complete Controller is the most cost effective expert accounting solution for business, family office, trusts, and households of any size or complexity.

I invest all my money, and I do it mostly in mutual funds. In this article I will address the first doubts you may have about investment funds, from what they are to what types they exist, and I will tell you about the best existing investment funds, in which I invest my own money.

In addition, I will show you clearly that the funds of the banks in Spain are NOT a good option if you want to get the best profitability for your money. So you can see that I speak from experience, here you can check my entire investment portfolio.

 

What is an Investment Fund?

 

What are investment funds? An investment fund is a product that gathers the money of many investors to invest together in many companies at the same time. Normally, to invest your money you have to buy shares of a company.

An investment fund allows you, with a single investment, to invest in hundreds of companies around the world at the same time. In addition, to invest in an investment fund you do not need to be a rich investor, you can start from $ 1,000 or less.

The funds have a manager who decides which companies to invest in, always adapting to the type of fund that he manages and its rules.

 

Why do I Invest my Own Money in Funds?

As I told you, I invest a large part of my money in investment funds, and I do it for the following reasons:

 

Investment fund advantages

• I started with individual actions, but I have changed my mind over time because I don’t like to analyze companies.
• Investment funds allow me to invest my money in the stock market, my preferred form of investment, without complicating my life at all.
• With a single purchase I have shares in hundreds of companies, and a manager does all the work for me.
• I literally spend 5 minutes a month on my investments, and I don’t change that for anything.

 

Diversification

• An investment fund gives you absolute diversification.
• You can make purchases of $ 100 per month, so your temporary diversification is amazing.
• You can access the whole world with a single fund, so geographic diversification is covered.
• And you can buy funds from any sector, so your diversification in assets is also perfect.
• With investment funds, you can have a very balanced portfolio and have your assets more than secure.
• By having a great diversification you minimize the risks of your investment.

 

Tax advantages

The taxation of investment funds for a private investor in the US is fantastic. You can move the money between funds without going through the farm, without paying any taxes.

Moving money is transferring a fund. Buying and selling funds is something different. If you sell funds, if you have to pay taxes for the benefits.

 

Cost effectiveness

The profitability of the funds depends a lot on the type of fund that is. I invest in equity funds, and the average annual return for the past 200 years is approximately 7%.

Therefore, in my investment strategy with funds I aspire to that 7% annually, something with which I would double my money every 10 years.

 

Commissions

Investment funds have very low commissions. They have no sales commission or custody commission. The only commission, if you choose a good broker, is the annual management commission. Indexed or passive management funds have an annual commission of 0.3-0.5%, and active management funds of 1.5-2% per year.

 

 

Types of Investment Funds

To tell you what types of investment funds exist I will divide them into 3 different categories.

 

Types of Funds Depending on Which Assets they Invest in

 

Fixed income funds

Investing in fixed income consists of investing in deposits, bonds and treasury bills and other very low risk products. A fixed income fund is a very conservative fund, with which you can expect low returns and low volatility / risk.

 

Equity funds

Investing in equities is a synonym for investing in the stock market or in the stock market. An equity fund aims at maximum profitability, in exchange for short-term volatility.

 

Mixed income funds

A mixed income fund mixes equity and fixed income.

 

Monetary funds

A monetary fund becomes practically a current account, it serves to have the money in liquidity and take advantage of the fiscal advantages of the funds to move money from one site to another. Most of my funds are equity, since if I invest my money it is to obtain long-term profitability, and I do not care about short-term volatility.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing services to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks file, critical financial documents and back office tools in an efficient and secure environment. Complete Controller’s team of US based accounting professionals are certified QuickBooks™️ ProAdvisor’s providing bookkeeping, record storage, performance reporting and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay services. With flat rate service plans, Complete Controller is the most cost effective expert accounting solution for business, family office, trusts, and households of any size or complexity.

Those who work at home or are freelancers have an opportunity that few achieve. When you find yourself in this situation for the first time, it is important to overcome some challenges to achieve success and be productive, because being at home you are exposed to many unusual distractions.

When working from home, the main thing is to reach goals, not to fulfill a certain number of hours. If you establish this as your work guide, you will likely achieve your goals satisfactorily. An important point is that you carefully observe the place where you are going to work and make the necessary modifications that allow you to meet the proposed goals in a simple and effective way.

These tips will help you better organize your work space at home:

 

Separate the Office from the Rest of the House

A common mistake when working from home is to think that we can do it from the comfort of the sofa or the bed. The first point to work effectively at home is to establish the physical limits of where your home ends and the office begins, otherwise you will be surrounded by elements that will take you away from the objectives proposed for that day.

 

Seek Good Lighting

Once you have established the place of the house where you will set up your office, make sure that it is near a window or that it has good lighting so as not to force your view. Being next to a window you will have the possibility of placing a small plant on your desk, so that your productivity could increase up to 15%.

 

Feel Comfortable

As in the office, if you are going to be sitting for extended periods of time, you need to have a comfortable work chair. Problems related to back and neck pain are becoming more frequent among the population that works sitting for long hours. This may be due to incorrect positions that we adopt when reading or writing or simply because our body is not receiving adequate support that our back needs to cover our work day. There is a wide variety of work chairs that you can find at very affordable prices. Remember that investing in your health is something worthwhile.

 

Decorate to your Liking

To make you feel good in your own space, try to decorate your office with the details that you like and that put you in a good mood. Be careful when choosing the colors of the elements that decorate your home office, because even the color of your wallpaper can determine your level of productivity. Blue is considered one of the best colors to decorate work spaces, this is because it can favor our concentration; and some details in red or orange could help you stimulate your creative mind.

 

Organize your Time and Take Breaks

Although what we are looking for is productivity, which does not mean that you have to sit for eight hours without stopping for a second from the desk. On the contrary, taking breaks while working helps clear the mind and avoid stress. You should also consider the possibility of establishing fixed work schedules that allow you to enjoy certain hours a day to carry out your personal activities.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing services to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks file, critical financial documents and back office tools in an efficient and secure environment. Complete Controller’s team of US based accounting professionals are certified QuickBooks™️ ProAdvisor’s providing bookkeeping, record storage, performance reporting and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay services. With flat rate service plans, Complete Controller is the most cost effective expert accounting solution for business, family office, trusts, and households of any size or complexity.

The most awaited day in someone’s life is their wedding day for sure. Most people dream their whole life about this one day. Everyone wants it to be the best day of one’s life. People do everything they possibly can, to make their wedding day the most memorable occasion. Know that, it is possible to have an amazing wedding on any budget. A wedding is just a fun occasion where there should be no comparison in terms of expensive or cheap material.

The best things that light up the mood in any wedding, is the food and some nice setting which gives warm, comfortable and fun vibes. For that reason, most of the people try to push themselves past their limits in terms of expenses by tirelessly spending and worrying about the money. People worry about a lot of things, like meeting the budget, having enough funds to throw the party they want or how to have nice and cheap arrangements. A lot of people save money for years to spend on their wedding or at a loved one’s wedding. While others choose to take wedding loans or to borrow money, to have a wonderful wedding. So what are wedding loans?

What are Wedding Loans?

If someone just came up short on savings, there’s something that can help them, which is known as wedding loans or personal loans. You must have heard the term personal loan. As there is no such thing as a ‘wedding loan’, people mostly prefer to call it a  ‘personal loan’. It can also be called a ‘wedding loan’ as well, as it helps to cover the cost of weddings. So personal loans or wedding loans are known to cover wedding costs of different individuals.

Personal Loan Method:

Using a personal loan to fund a wedding is a common way or practice done by a lot of people. They tend to work through this method to cover their wedding costs. Personal loans are provided by banks, which are also secured like credit card loans. Personal loans work on the criteria of monthly income of an individual just like credit cards. The financial institution provides it after acknowledging the monthly income of the person who is taking the loan or wants the loan. The bank also keeps notice of the track records of an individual’s existing loans (if there are any). They also consider the repayment duration of the loan by looking up an individual’s credit reports and scores. They need all the necessary information in order to provide the ‘personal loan’ such as ‘the wedding loan’. Some financial institutions provide this loan with a higher interest rate which is not against any collateral. As most of the banks work on the same instructions and guarantee that most of them have the same collateral rules too.

Are Personal Loan and Credit Card Loans Same?

No, they are not the same. Personal loans are almost the same as the credit card loan but some have a higher interest rate and some have lower interest rate. The personal loan has an option of returning the money in a few years as compared to the credit card loan, which is definitely a good option for a lot of people. A personal loan is like an installment debt, whereas a credit card loan is not. With a personal loan, an individual gets a lump sum amount in hand that has to be paid back in a specific period of time, usually in three to five years. It depends on the rules and regulations of the financial institution as well.

Personal loans become so helpful for people for various reasons. They come in handy while preparing for the wedding day, covering all costs and arranging everything. Personal loans are definitely the easiest and quickest way to get things done as compared to conventional loans. That is why many people use the personal loan method in order to complete their wedding arrangements within the budget because it is less stress, as it can be paid easily with time.

 

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing services to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks file, critical financial documents and back office tools in an efficient and secure environment. Complete Controller’s team of US based accounting professionals are certified QuickBooks™️ ProAdvisor’s providing bookkeeping, record storage, performance reporting and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay services. With flat rate service plans, Complete Controller is the most cost effective expert accounting solution for business, family office, trusts, and households of any size or complexity.

With the entry and ascent of web-based social networking, a gigantic relentless rivalry broke lose. Everybody paying little respect to the sort of business is attempting to one-up each other. For a business, it is getting increasingly hard to advance their image and remain pertinent because of the majority of this opposition. Influencing individuals to associate with a business takes a lot of endeavors as important pictures, recordings, and appealing posts. Notwithstanding, few astounding devices that a man can utilize that will definitely enable them to get an edge over their rivals. The following is a rundown of instruments that a man can use to advance their business:

Utilizing Social Media Platforms as Promotional Tools

Facebook: Due to its monstrous prominence, Facebook is viewed as a standout amongst other online life showcasing apparatus for organizations. The best thing about Facebook is that, despite the fact that it’s a social stage, it can help advance business and give explanations that one can use to perceive what number of “likes” they got on their post, as well as post reach, and so on. Facebook likewise offers paid advertisements showcasing choices that one can use to draw in a more focused crowd. Another motivation behind why Facebook is the best online life advertising instrument is that of its reasonable promoting alternatives that nearly anybody can benefit.

YouTube: If someone has a business or even a side interest that is identified by making intriguing, supportive or entertaining recordings, at that point YouTube is their ideal special apparatus of the decision. YouTube additionally permits live spilling and a man can likewise put paid advertisements on their video content and are paid per click. A man can likewise manufacture a following on YouTube with content identified with their business and other fascinating stuff. It is so natural to post recordings and keep up a channel on YouTube that nearly anybody can do it. YouTube is a standout amongst the best and achievable free promoting apparatuses there is out there today.

Pinterest: Pinterest is a stage that can be utilized to advertise administrations and things through a visual supplication. Pinterest can be the best used to elevate items identified with sustenance, beverages, hand and another kind of art, stylistic theme, wedding extras and so on.

Twitter: If a business needs an open introduction, Twitter is the best approach. Content posted on Twitter with legitimate hashtags makes it more popular and simpler to interface with individuals. Furthermore, Twitter likewise offers paid to promote system alternatives.

Google Analytic: This incredibly helpful instrument that is, for the most part, utilized by bloggers to dissect their blog or website through Google. It was propelled back in Nov 2005 and is absolutely free of cost. Google investigation does not tell someone what number of hits they got on their blog or web page, it just tells about the genuine guests that a website or online journals had, from where they came and for to what extent they stayed and so on.

Instagram: Instagram is the most ideal approach to advance a business through pictures. Instagram is an internet based life showcasing device that, for the most part, charms individuals who appreciate sharing pictures. When utilized appropriately, it tends to be utilized as a limited time instrument that nearly everybody utilizes now.

Bitly: Most individuals likely have never known about Bitly. Bitly is essentially a URL shortening apparatus that can make a long URL short without harming. This apparatus is, for the most part, used to lessen the span of a URL for a stage.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing services to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks file, critical financial documents and back office tools in an efficient and secure environment. Complete Controller’s team of US based accounting professionals are certified QuickBooks™️ ProAdvisor’s providing bookkeeping, record storage, performance reporting and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay services. With flat rate service plans, Complete Controller is the most cost effective expert accounting solution for business, family office, trusts, and households of any size or complexity.

There are many occasions when we consider that saving is a very complicated task, or worse, it is not necessary. However, as time goes by, we notice its importance. When we are parents, we understand that we must be aware of when the proper stage is to impart this teaching to our children.

Although we must take into account the age of our son, since we cannot treat our 4-year-old child as well as another of 11, there are a number of generic recommendations to teach them the foundation of domestic economy.

 

Tips to save

1. Create responsibility

You would not want to create in your child, an overwhelming feeling of constantly needing to save, it is simply a learning exercise that by its constancy will give you results: establish a small monthly or weekly payment.

This is excellent advice to save because they will learn how to organize their economy, just as parents have to do with their salary, with which they must face all household expenses and the expenses of the children.

 

 

2. Set limits

It is a good idea for children to understand that money is limited, and that if they choose to buy something, they can no longer use that money for anything else. 

This will show them that they must think about what to spend and properly use the money they receive. If they spend the money on lollipops they will not have money for gum, it is that simple.

 

3. Explain that the bills are not the leaves of the trees

Where the money is spent daily, should not be a wonderful mystery for our children. Tell them that this is the result of the effort parents must make each month to get it.

This creates awareness in children, in no way does this matter try to generate alarm, but children should be aware of what it costs to earn it and how quickly it is spent if finances are not budgeted well.

 

 

4. Teach them to create a budget

Effective advice is to save based on your monthly pay, help them to develop a simple scheme to guide them on the forecast they should take to spend money effectively and productively in thirty days.

Check with them at the end of each month to see how they stuck to your planning. It is not a matter of being very strict, but of transmitting the importance of organizing with what falls in our pocket. Seeing in black and white where the use of resources is channeled each month, it also helps them to become aware of it.

 

 

Extra

Tell them why it is good to write down monthly expenses. This is good advice to save because it is a way to better control the money we sometimes spend with extra spending on things that may not even be needed.

With this advice to save, we realize the amount of expenses we make every day without even repairing them.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing services to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks file, critical financial documents and back office tools in an efficient and secure environment. Complete Controller’s team of US based accounting professionals are certified QuickBooks™️ ProAdvisor’s providing bookkeeping, record storage, performance reporting and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay services. With flat rate service plans, Complete Controller is the most cost effective expert accounting solution for business, family office, trusts, and households of any size or complexity.

For the majority of people, owning a house is the self-actualization of their American dream. For others, it can be their worst nightmare. Buying a house/real estate, is one of the major financial decisions a person will make in their entire life. Therefore, it is important to carefully think about their decision before they decide to buy a home. The pros and cons of the matter should be considered:

When a person is considering buying a home, there are many factors that they have to consider. Do they really need a house right now? Will their income grow with time or not? Will that purchase be beneficial in the long-term? Do they have any money saved? Are they even ready for that responsibility? Buying a house can be one of the biggest financial moves a person can take. The information given below will help a person examine the pro and cons of having a house based on their personal desires, plans for the future and current financial position.

 

Considerations about owning your own home

Remember, a home is not, in general, a good short-term investment. Consider buying a home if you think you can live in it for a few years or more.

Before buying, it is important that you analyze what the effect of this great purchase will be on your financial situation and lifestyle. These are some points to keep in mind before making a decision.

Advantages

• You may be able to deduct the annual mortgage interest and property taxes from your tax return.
• Over time, you will liquidate a greater amount of capital.
• You may be able to apply for a loan on the value of your home to make improvements at home or consolidate debts with a loan on the net value of the home.
• You risk perceiving a profit from the sale of your home if the value increases significantly.
• You may be able to exclude the proceeds from the sale of the home from your taxable income if you meet certain requirements of the IRS. An accountant specialized in tax matters can advise you.

Disadvantages

• Unless the value of the home increases rapidly during the first few years of your mortgage, you may lose money if you sell it too soon.
• You will pay more property taxes if you increase the value of your home.
• You will lose money if you sell your home at a time when your value is low. Before buying, be sure to consider factors such as schools and similar housing in the area, as well as the real estate market. In this way, you can predict if the value of a potential home could be depreciated.
• The costs of buying your home may increase if you include the real estate agent’s commission, points, loan preparation and other closing costs.
• Your costs increase immediately after the closing of your mortgage. Make sure you have a financial plan that includes your moving costs, renovations and the purchase of new furniture. In these expenses, most homebuyers incur as soon as the mortgage process is completed.
• You will be responsible for home improvements and home maintenance, such as repairing or replacing large appliances, air conditioning and heating, and roofing, as well as lawn care.
• If you have a large apartment with an affordable rent, it can be difficult to become a homeowner with similar costs. The purchase of the apartment also implies the impossibility of collecting all the belongings and easily leaving before a change of employment or another circumstance of life.

Remember that you need to be willing to analyze these advantages and disadvantages, and work to reach an informed decision. Still cannot decide? In that case, perhaps the best advice is to wait a bit before making a purchase decision as opposed to running away looking for that option that you might regret later.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing services to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks file, critical financial documents and back office tools in an efficient and secure environment. Complete Controller’s team of US based accounting professionals are certified QuickBooks™️ ProAdvisor’s providing bookkeeping, record storage, performance reporting and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay services. With flat rate service plans, Complete Controller is the most cost effective expert accounting solution for business, family office, trusts, and households of any size or complexity.

With the entry and ascent of web-based social networking, a gigantic relentless rivalry broke lose. For a business, it is getting increasingly hard to advance their image and remain pertinent because of the majority of this opposition. Influencing individuals to associate with a business takes a lot of endeavors as important pictures, recordings, and appealing posts. Notwithstanding, few astounding devices that one can utilize that will definitely enable them to get an edge over their rivals. The following is a rundown of instruments that one can use to advance their business:

Utilizing Social Media Platforms as Promotional Tools

Facebook: Due to its monstrous prominence, Facebook is viewed as a standout amongst other online life showcasing apparatus for organizations. The best thing about Facebook is that, despite the fact that it’s a social stage, regardless it advance business and give explanatory devices that one can use to perceive what number of “likes” were received on their post, alongside post reach, and so on. Facebook likewise offers paid advertisements showcasing choices that one can use to draw in a more focused crowd. Another motivation behind why Facebook is the best online life advertising instrument, is that of its reasonable promoting alternatives that nearly anybody can benefit.

YouTube: If someone has a business or even a side interest that is identified by making intriguing, supportive or entertaining recordings, at that point YouTube is their ideal special apparatus. YouTube additionally permits live spilling and one can likewise put paid advertisements on their video content and are paid per click. One can likewise manufacture a following on YouTube with content identified with their business and other fascinating stuff. It is so natural to post recordings and keep up a channel on YouTube that nearly anybody can do it. YouTube is a standout amongst the best and achievable free promoting apparatuses there is out there today.

Pinterest: Pinterest is a stage that can be utilized to advertise administrations and things through a visual supplication. Pinterest can be the best used to elevate items identified with sustenance, beverages, hand and another kind of art, stylistic theme, wedding extras and so on.

Twitter: If a business needs an open introduction, Twitter is the best approach. Content posted on Twitter with legitimate hashtags makes it more popular and simpler to interface with individuals. Furthermore, Twitter likewise offers paid to promote system alternatives.

Google Analytic: This incredibly helpful instrument that is, for the most part, utilized by bloggers to dissect their blog or website through Google. It was propelled back in Nov 2005 and is absolutely free of cost. Google investigation does not explain the number of hits a person got on their blog or web page, it just tells about the genuine guests that a website or online journals had, from where they came and to what extent they stayed and so on.

Instagram: Instagram is the most ideal approach to advance a business through pictures. Instagram is an internet based life showcasing device, that for the most part charms individuals who appreciate sharing pictures. When utilized appropriately, it tends to be utilized as a limited time instrument that nearly everybody utilizes now.

Bitly: Most individuals likely have never known about the instrument known as Bitly, the purpose behind including Bitly in this rundown is a direct result of ,it basically works. Bitly is essentially a URL shortening apparatus that can make a long URL short without harming it. This apparatus is, for the most part, used to lessen the span of a URL for a stage, for example, Twitter only allows at most, 140-character post, so if posting a URL, Bitly could aid in shortening that URL allowing you to post a longer message.

About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing services to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks file, critical financial documents and back office tools in an efficient and secure environment. Complete Controller’s team of US based accounting professionals are certified QuickBooks™️ ProAdvisor’s providing bookkeeping, record storage, performance reporting and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay services. With flat rate service plans, Complete Controller is the most cost effective expert accounting solution for business, family office, trusts, and households of any size or complexity.