Month: October 2019

If you are in a financial emergency, you will need help to get out of it!

For example, you are driving down the street, and all of a sudden one of your tires explodes! Then your car spins out, smashing into the sidewalk, and all of your wheels get messed up! Now you can’t get to work, and you don’t have the money to fix your car! What do you do?!?

There are a few different ways to get help during a financial emergency. Some of the best options include;

• Ask friends or family for help
• Get a credit card
• Sell some additional things you have around that you don’t need
• Use your tax refund or get tax refund cash advance emergency loans
  

 

The best option however for getting help during a financial emergency is to start an emergency fund.  Making sure that you plan and budget your finances correctly is important to good financial help, and including an emergency fund in this planning and budgeting is the best way to ensure that if an emergency does arise, that you are able to take care of it without a major problem.  That is why creating an emergency fund for you and your family, and adding to it as much as you can in your financial budget is the best way to get help during a financial emergency!

There are many great options for help during a financial emergency. Make sure that if you run into a financial problem that you work to get it fixed right away. These short-term financial problems will only grow and compound becoming a larger problem. This in turn can lead to huge problems in your life and effect your long-term financial health significantly! So make sure that you get the financial help that you need before any financial emergency grows and compounds, and becomes a much bigger problem in your life!

Gone are the days when banks used to be the only option for sending money overseas. With the huge advances in technology, there are various options for sending money online. Moreover, with the increase in smartphone usage and access to the internet, people can send money at lucrative exchange rates. While sending money overseas, certain factors should be kept in mind. These are:

• Current exchange rates for the desired currency pair
• The amount of money that needs to be transferred
• The number of the transaction. Whether it’s one time or recurring
• The time period of transaction completion

Based on these factors, we have put together some of the best ways to send money oversees!

Bitcoin and Cryptocurrencies

Bitcoin and cryptocurrencies are the latest and greatest technology for sending money anywhere in the world!  This new technology allows for money to be sent almost instantly to anywhere in the world for the same low fees!  Some cryptocurrencies as fees as low as pennies too!

Online Payment Service Providers

There are various online payment service providers who facilitate sending money overseas at attractive exchange rates. You just need to set up an account with these sites, approve your identity, and link a bank account or card. When you complete this process, you are all set to send money overseas with the help of your smartphone.

Paypal is the top service providers that have a wide reach and transparent procedure. Currently, Paypal transfers money to more than 200 countries in 25 currencies. It may take a few days to receive money based on your country because you need to withdraw the amount in your bank account, however they do offer a debit card as well. Paypal charges 0.5-4% of the total amount as the transaction fees. Besides this, the exchange rates are applicable.

In addition to Paypal, you can consider these services for sending money overseas:

• Instarem
• Amazon Pay
• Google Wallet
• Xoom

Money Transfer Services

If you don’t have a Paypal account and if you want to send money as soon as possible, you can consider money transfer services for sending money overseas. The best aspect of money transfer agents is that they provide services both in online and offline mode. You can use your laptop or smartphone for the transfer or you can visit the location yourself.

Money transfer service providers, such as Instarem, Western Union and Moneygram, provide quick and reliable services. They have a presence in most of the countries. However, their processing fees in much higher than that of online service providers. In addition to this, the foreign exchange rate is also applicable.

 

Everyone needs a financial advisor in his or her life. If you are thinking about investing your money, or making another, big financial decision, you need professional, financial advice. By using a financial advisor or planner, you can rest assured that your money is working for you, and that you aren’t at risk for an anomalous occurrence. Investing is always a risk, but you’re safest and most prepared, when you heed the advice of a financial planner. They know more about how to handle finances and about the business world and the current state of the market.

Experience & Integrity

Experience & Integrity are most vital to a financial advisor.  They want to impart the best financial advice to their clients so that the smartest decisions can be made, and the best way to know this is through experience. The best financial planners in the world work under core values that put people first. Having both experience and integrity in a financial advisor will lead to a great amount success for you!

Easily Approachable

Financial advisors handle a myriad of financial services. Among those they offer are: financial planning, money management, asset management, retirement planning, investment advice, debt reduction, legacy planning, cash flow planning and estate planning.  Make sure that your advisor is easily approachable so that you are able to discuss what you want to gain from using their services, and how you will achieve it with their help!