By Charlie Brown

Earning enough money is essential to lead a comfortable life. However, it is possible that at times expenses may outdo income and therefore one has to keep a tab on their expenditure. Insufficient income, shortage of disposable money and cash flow mismatch lead to enormous stress in an individual’s life.

Everyone wants a healthy financial condition. The point, however, is to recognize money as a tool. Money means different thing to different people. Some may see them as freedom, for others, it may be a cause of despair. For some, it can mean power or significance or high social standing in the society as well.

Life can be more straightforward if one has good money management skills. Some of these skills can be best mastered from taking the help of a financial planner.

Budget your expense

This is a basic requirement when keeping track of your income and expenses. While this may be boring for a lot of people, it is crucial if one is terrible in handling money. It only takes a few hours to list out all the expenses by using a spreadsheet or an app.

Budgeting makes sure that one lives within one’s means. It also helps one to understand their spending pattern and how it helps in the decision-making process in rationalizing certain avoidable expenses.

Track your spending

Small unbudgeted spending adds up to quite a sizable amount, and by the time one realizes it, the monthly budget has already gone haywire. Making only the budget and not adhering to it would make the entire exercise useless. One needs to update regularly as one pays bills and spends on other expenses. (more…)

By Charlie Brown

The stock market is, without any doubt, one of the effective ways invented for making wealth. It is the best diplomacy to increase your wealth and generate a good source of passive income. You can simply sit at home or office and check your online trade. If you have a clear understanding of stocks and keep yourself familiarise with regular rise and fall, creating wealth in the stock market will be a cup of tea.

What if you want to invest in stocks or ETFs, but your strict schedule doesn't allow you to invest time on it. You have a keen interest in buying stocks and increasing your wealth but due to insufficient knowledge or lack of time, you are not able to buy. Nevertheless, if you find yourself in a similar situation, hiring a stockbroker is beneficial if you are stepping up for a stock market trade.

Who is a stockbroker?

Once you step in the share market, you might be getting multiple questions in your head. Which stock to buy, which stock will give the best ROI (Return on Investment), is the stock you are investing in the most appropriate choice and similar loads of questions intertwining on your head. Here the stockbrokers come into the picture. When you are anxious and need a mentor to assist you in investing, a stockbroker is what you should go for.

A stockbroker is a professional individual who acts as a mediator between the clients and the traders. They make trades on behalf of their clients and gets the work done easily. Many a time they are a good advisor and helps you on investing. Basically, there are two types of brokers – traditional stockbrokers or full-service stock brokers and online stock brokers or discount stock brokers. Compared to traditional brokers, online brokerage charges are less.

Stockbroker – as a financial adviser as well as an assistant 

When you are in a dilemma on investing or buying stocks, your broker with their work experience can help you in financing on the stocks which can be the most profitable. However, if you are confident about buying or selling a stock which will generate a massive income, you can assist your brokers to get your work done. Your assistant will follow your work principles and help you complete the work efficiently.

Considerations you must keep in mind before choosing your online broker

Choosing a stockbroker is a tough choice and it needs proper attention. A right choice can turn out your greatest asset and make you ahead of the pack. On the contrary, if you slip on making a poor choice your chunk of change will fail to deliver the goods and meet your desired expectations. If you want yourself to be ahead of the game, make sure to consider these points before finding the right broker for yourself.

Work experience (more…)

By Charlie Brown

Real estate is not only a business, but it’s also the part of a different culture. A culture which grows with the growing business, a culture of different people doing different deals together, a culture which makes people fall but then get up and walk their way to success. Buying and selling properties tell you a lot about how things work.

Looking to the other side of the abstract concept, Real Estate has always been a booming business for both the entrepreneurs and for the masters in business expertise. However, if you are new to this world, you must have an idea of the myths that circulate within the industry, making people think twice before going for a deal.

Let’s look at such myths which we require to bust for you to have a clear outlook to this

“It’s better to Buy than to Rent”

A person with a straightforward mindset would agree with this statement. However, things are not as straightforward in the truest sense of reality in the real estate business. Now, how can buying not be as efficient as renting? Well, there are terms to it. Suppose you buy a property for a short period. In this case, you would have to spend a lot of money over it which you might not even recover. On the other hand, if you rent a property for a short period, you would end up spending much less when you compare it to the former one.

“Down Payment is the Only Cost” 

A big NO to this myth. Sometimes you think that the initial costs would only include the down payment you are waiting for. However, it is a big mistake to neglect all the other costs that include in your initial costs. Charges such as insurance, inspection costs, or closing costs usually comprise of a good sum of money which people neglect.

“If You Buy a House, you need to pay less for repairs in the upcoming years.”

Again, a statement which would make you think twice before contradicting. It is understandable that one would naturally feel that they need to spend less on maintenance for a house which has been newly built. However, one thing that we forget is the amount we spend on installing new services, closing costs, and other such charges which add up to the reparations. (more…)

By Charlie Brown

Nowadays, fuel cost has become a major factor for multinational companies. It is a really important thing that is affecting the overall cost. In order to control the cost fuel then one has to make the use of fleet cards. An individual can easily control the overall expenditure. One has to choose a fleet card according to the budget only. After that, one can easily track the expenditure because you don’t have to keep receipts and other things.

If you are using fleet cards on a regular basis, then one can cut the expense by almost 20% that would be beneficial. After that, one can prevent the unauthorized access of the cards with ease. All you need to provide a particular fleet card to the drivers so they can easily pay for the fuel. If you have any confusion regarding Fleet or Credit card, then one has to come to the right place because we are going to discuss the difference between the cards.

– What really Fleet card is?

Nothing is better than fleet cards because you don’t have to give cash to the drivers. After that, you can easily prevent the access of fleet cards with ease. If you want to prevent the misuses of facilities, then one should always make the use of fleet cards that can be a reliable option for you. You don’t have to ask for the records from drivers because one can check the statements of fleet card carefully. If you are using the credit card, then one can track the amount of spending with ease. Whether it is a bill of gas and other things it would be reliable for you. All you need to choose a perfect payment method for employees that will able to prevent the misuse with ease. One should always choose the card according to the requirements only.

– Prevent Fraud

Currently, if you are using fleet card service, then one can easily prevent the frauds and can manage everything with ease. All you need to choose a perfect limit and provider card to the drivers. (more…)