A First Time Buyers Checklist for getting on the property ladder

Deciding where to set down your roots for the first time is a big decision so you want to make sure you’ve looked at all the options. Whether you’re looking for a city apartment, rural family home or a simple cosy pad nearby to work and conveniently close to shops, making a decision about what will best fit your future is a big one indeed. Luckily as a first time buyer, there are plenty of options available to you so it’s always good to be clued up on all the avenues you can go down, (or live on). So whatever you’re looking for here are some top tips to save you some money and make the most of getting onto the property ladder for the first time.

 

Shared Ownership

 

If you haven’t heard of this one, shared ownership is a great hack for any first time buyer with their eye on a home they adore. Shared Ownership allows you to part buy, part rent your home and therefore pay a smaller deposit. As you only put down a deposit on the share you wish to buy, this can be between 25% and 75%, cutting those initial payments right down and eliminating the biggest hurdle for first time buyers. From shared ownership homes in Medway to apartments with shared ownership London, this scheme offers homes all over the UK. You can also buy more of your home overtime meaning you can climb the property ladder at your own pace. And with property portals like connectwithhome.co.uk offering a variety of homes to suit everyone, there’s no need to compromise under this scheme.

 

Help to Buy

 

This is another great scheme for first time buyers and is widely available across the country and on a range of homes. Help to Buy is a government scheme that ensures you only have to put down a 5% deposit on a property taking the sting out of the hardest bit about being a first time buyer. In addition to this, you will get a 20% equity loan from the government on your property that you pay absolutely no interest on for the first 5 years. This means you only have to obtain a mortgage for 75% of the property price rather than 90%. And if you live in London you could get a 40% equity loan meaning your mortgage will amount to just 55% of the total value of the home. This scheme can definitely give you a bit more time to settle into the payments and feel a bit more financially secure about your property purchase.

 

New Developments

 

One of the best places to look for both of these schemes are up and coming areas and new Developments. With Shared Ownership homes in Ebbsfleet offering a young professionals paradise and shared ownership properties in West London putting you at the heart of the buzzing metropolis, looking for areas that have had a lick of paint and a bit of a face lift could be your ticket onto the property ladder. There are plenty of areas offering first-time buyer schemes and with a little shopping around you can find the perfect one for you. Sites like Keaze.com are great tools to help you browse what’s on offer without the hassle and video tours included.

 

So whether you’re looking to move in the near future or a little later down the line, make sure to take advantage of the options out there for first time buyers and you could be bagging yourself some decent savings.

Common Freelancing Problems and Their Fixes

Freelancing is much more than getting paid to work remotely. The truth is, there are tons of perks when you freelance. You are your own boss and can set your schedule, and it doesn’t matter where in the world you are.

That said, a freelancer’s life can also be complicated. There are a lot of problems that you may encounter regularly, and it’s good to know how to deal with them.

If you’re just starting, you probably have a lot of questions. Here we will discuss some issues that freelancers face and how to overcome them.

 

Finding Clients

This is probably the most crucial aspect of freelancing. Finding clients that are interested in your services and can sign on the dotted line can be tricky. The trick is to figure out exactly what they need and then find ways to accomplish that.

Identifying the right client and convincing them that you’re the right one isn’t always easy. You can work on your networking skills and ability to put together persuasive emails and build a network of potential clients.

 

Time Management

Some people just don’t have the time to keep track of projects they’re working on and tasks assigned. If you are a freelancer, you know how hard it is to get things done from juggling projects, managing clients, and keeping an eye on expenses.

One way to improve your time management is by using some freelancing tools. These are tools you can use to help automate tasks and keep track of expenses and revenue. Technology has made it easier to create and meet deadlines for projects that feel far away. Be sure to use these tools to maximize productivity.

 

Proper insurance

If you offer services that can potentially cause financial loss to your clients, especially in the consultancy field, investing in professional indemnity insurance is a good idea. This will save you from financial loss should one of your clients sue you or your business over the work you have done for them.

 

Poor Client Communication

It doesn’t matter if you are a beginner freelancer or a seasoned pro. Having bad communication with clients can spell failure. This includes not returning calls or emails, giving incomplete or inaccurate information, not following up with clients, and not providing enough information.

Communication is key when using any form of communication for your business. Freelancing is no exception, and as you build up your reputation, you will need to improve your communication skills so that you can reach more people and get more work.

 

Conclusion

Freelancing is rewarding but also happens to be a great deal of work. It’s important to understand these so you can keep working hard to get more and better gigs. If you hope to avoid the common freelancing problems that many freelancers encounter, then you will want to follow the guidelines contained in this article.

Why Financial Freedom Starts With A Better Understanding Of Credit And Debt

My steps to help you achieve financial freedom will not make your money problems go away, but it will help you develop healthy financial habits that you can use to build the future you want. These steps won’t solve your money problem – but they can help you develop healthy habits that set you on the path to financial freedom and all that it means to you.

If you’re specifically looking to eliminate your IRS debt, there’s an IRS debt forgiveness program which many people are unfortunately not even aware of.

Achieving financial freedom can be difficult in the face of increasing debt, liquidity constraints, medical problems or excessive spending, but with discipline and careful planning it is possible. Your chances of financial freedom increase when you save money, control your credit and minimize your debts. Working with the help of a non-profit certified credit counselor to get out of debt is a necessary part of your journey towards financial freedom.

If you want to achieve your goals, you need to have all your income at your disposal, not just the little things left to pay credit cards and student loans. Budget your funds so that you can meet your needs, adhere to a plan to repay your credit cards fully so that you have as little debt as possible and carefully watch your lending. Once you have paid off your double-digit credit card debt, single-digit debt and student loans, split your money between savings, earnings, investment and debt repayment.

Combining your balance with a personal loan can not only simplify the debt repayment process but also lower your interest rate in some cases, saving money today and in the long run. The use of your credit card and monthly payments can help build a good credit history that can lead to additional benefits such as cash, points and travel. Repaying high-interest debt allows you to concentrate on your lower debt and interest rates.

Suppose you are borrowing $4,000 a year in savings to pay off the short-term credit card debt that you have accumulated as a result of poor planning. If you have debt, the interest charges increase your balance, and if you repay money, you lose the money you have saved.

If you have lots of high-interest debt, you can refinance at a lower interest rate to save money. However, high interest-only debt (loans over a thousand dollars) can leave you stuck for years, spending much more to cover interest than saving or investing.

Whether you or someone you know is struggling with debt, the first step to financial freedom is to better understand your debt. What is needed to achieve financial freedom depends on your income, debt, your saving and spending habits, and your values. If you are stuck within these parameters, it can be liberating to leave behind misconceptions of debt and understand how debt can be used to find financial freedom.

This means that it is time to get a grip on debts such as credit cards, student loans and car loans if you have them. When you go through the budgetary phase above, you will understand how much you are putting into your debt and you will discover areas where you can find additional funds to repay your debt faster.

Trading vs Buying Bitcoin – What is better?

Bitcoin’s volatility is one of the major factors that make the cryptocurrency one of the most invested and traded cryptocurrencies in existence. The recent spike in Bitcoin prices and trading volume suggests increasing interest and demand from investors. The two most popular ways of taking advantage of the cryptocurrency market are either buying coins via an exchange and holding them and trading them via a CFD broker.

However, most cryptocurrency enthusiasts are in a dilemma between buying Bitcoin and trading them.

What does Owning Bitcoin imply?

Owning Bitcoin is useful if one wants to use them to shop or transfer money anywhere quickly at a lower cost. The transactions also provide a high level of anonymity compared to traditional wire transfers. To own Bitcoin, an individual needs an exchange he/she can trust provided it’s available in their country. The exchange should also offer payment methods for buying Bitcoin using fiat currencies.

Bitcoin and other cryptocurrencies have to be kept in a cryptocurrency wallet, which is either “hot” or “cold”. While hot wallets are connected to the net, cold wallets maintain offline storage. Buyers and owners of Bitcoin are often perceived by fraudulent entities as soft targets for hacking. This is due to the nature of transactions being final. There is also no anti-fraud protection in the cryptocurrency world. That’s why it’s always advised to use cold wallets for Bitcoin storage.

Bitcoin Trading – a Safer and Cheaper Option

As mentioned before, Bitcoin can be vulnerable to cyber thieves as hackers can target crypto exchanges and drain their wallet of funds. This is a major reason why trading Bitcoin is a better option instead. One of the best ways to do this is through financial derivative products such as a Contract For Difference(CFD) and use a regulated broker.

CFDs can be best described as a financial contract entered with the broker. It allows the trader to benefit from the increase or decrease of the price of an asset. This is done by exchanging the difference between the opening and closing price of the trading positions with the broker. One of the most important aspects of Bitcoin CFDs is that the trader doesn’t own the underlying asset. They instead take advantage of BTC’s price fluctuations.

Those interested in trading Bitcoin via CFDs can select any of the many regulated CFD brokers operating in the market. One such example is IQ Option, which is a reputable and popular broker for cryptocurrency CFD trading. They offer CFD trading in 16 cryptocurrencies including Bitcoin, XRP token, OmiseGo, Dash, Ethereum and others.

IQ Option also provides several features that make it the perfect pick for novice traders entering the market for the first time. This includes a minimum deposit requirement of $10 and a minimum trade deal requirement of $1. The maximum leverage allowed is up to 1:2 for European traders and 1:10 for non-European traders. You can take advantage of their free demo account which provides virtual funds for you to trade in a market environment.

Differences Between Owning Bitcoin and Trading Them

Owning and trading bitcoin each have their advantages and disadvantages and it’s up to the individual to make the choice between them. However, each of these concepts differs in quite a few areas.

Ownership

Owning Bitcoin can be compared to long-term investments as you are holding them to sell them at a later price and not paying a fee. Trading Bitcoin via CFDs means that you are not owning any underlying BTC. You are instead taking advantage of crypto-market volatility. It’s thus a more short-term strategy.

Security

Compared to CFD brokers, cryptocurrency exchanges, especially those which are centralised appear risky because of the lack of regulations. Brokers can be useful for you to apply your strategies and apply money management tips in a regulated and responsive environment. However, a regulated and reliable broker like IQ Option can help your money expand while taking advantage of the protections offered to retail traders.

Use of margin and leverage

Trading Bitcoin can be more flexible than buying it because of the presence of margin and leverage. The price of owning just one BTC can be prohibitively expensive, depending on the price of each Bitcoin. On the other hand, trading BTC with leverage allows anyone to take a position with much less capital than they are trading with. However, this also amplifies the risk factor of the trade.

Final Thoughts

It is undeniably more advantageous to trade Bitcoin rather than owning and holding them. In trading, you are merely a price speculator without owning any of the assets in question. You also only have to invest a small proportion of your total account size while trading. On the other hand, you will have to pay the full price to acquire Bitcoin and store them in your wallet.

Efficient steps to reduce the losing trades

A losing streak is a common part of trading life. But, the person should try to avoid the losing streak, as it forces the person to leave the market. You might see that professionals do not face more loss. People should try to follow them so that they can be able to countenance the winning streak. Traders should understand how to deal with the different types of circumstances to grab the opportunity. In this article, we are going to discuss the amazing five techniques to manage the risk profile. Follow the tips mentioned in this article and you will succeed as a retail trader.

Do the task systematically

Investors should do the activities according to the plan so that they can be able to reduce the loss. In the plan, people should include the entry and exit points, risk management rules, money management rules, and the measures which will help to handle the emotions. People should not start trading without the strategy as they might face big failure. Here, the person should operate the task systematically so that he can make fewer errors. If you fail to take the right measures based on the circumstances, it will be tough to get a good result.

Define the risk factors

People should learn to use Forex orders so that they can be able to limit the loss. It is important to set the stop-loss and take profit in the correct position which will help to maintain the risk-reward ratio. Investors should take the unnecessary risk as it can be the reason behind the big failure. Traders should know about their risk tolerance so that they do not make any wrong decisions. Before taking the high risk, the investor should remember that he must secure the capital. Remember, commodities trading is all about managing the risk exposure professionally. Unless you can do that systematically, you should be suffering in the investment business most of the time.

Handle the sentimental issues

Sentimental issues can force the person to take the wrong action which is responsible for facing loss. Investors struggle a lot to deal with the emotional components. People should take proper actions which will reduce the emotional components. At trading, if you fail to separate the emotional components, it will not be possible to countenance the winning streak. So, the person should find out in which situation what types of components emerged in the mind and interrupt his trading process. Depending on this, he is required to make the moves.

Continuous practice

You should open the demo account and start practicing. When the investor will be able to practice properly, he will be able to handle the difficult situation. People should become prepare for competing with professionals. The initial stage is a very sensitive time for the person. At this time, you should take the step consciously. When the person will be able to make the place among professionals, he will face fewer difficulties. Demo practice provides the practical experience which is necessary for gaining success. Here, the person will also know which technique will help to make profits.

Build up the understanding

The person should understand the market before taking any decision. When you will be able to recognize the patterns of the field, you will be able to earn money. For this, people should increase the cognition level so that they can be able to grab the benefits. People should gather some fundamental ideas about the market so that they can be able to make a good plan. The knowledge will also help to implement the right strategy in the right situation.

These techniques will help investors to increase the percentage of winning streak and decrease the number of losing streak. When the person will work hard and does not break the confidence level, he will be able to get good returns.

5 Tips to Save Money On Car Key Replacement

Losing a car key or locking yourself outside can be dreadful. Since you carry your car keys everywhere, it’s easy to lose or misplace them. It can be frustrating to lock car keys inside the vehicle, especially if you have to rush somewhere. In addition, the cost of replacing and programming car keys can be high, depending on the vehicle and key model. That’s why it helps to learn ways of saving money on car key replacement.

Instances When Car Key Replacement is Necessary

Car key failure or misplacement can occur anytime. You might also need to replace your car keys if they aren’t locking or unlocking a vehicle as they should. Thus, it’s beneficial to get acquainted with a professional locksmith to bail you out whenever you need to replace car keys. Damage is among the leading reasons why car owners replace car keys. Car keys wear out over time, especially modern ones that contain a transponder. If the chip sustains damage from moisture or other causes, it’s best to replace the car keys immediately. Car owners also replace car keys to increase their car’s security, especially for older or vintage cars. Here are other reasons you might need a key made for your car:

  • Security system malfunction
  • Lost or stolen keys
  • Broken key
  • Damaged lock

The cost of replacing damaged, stolen, or lost car keys can be hefty. Fortunately, you no longer have to spend an arm and a leg replacing car keys. The following top five ways to save on car replacement keys will save your day.

Get help From a Locksmith

Car locksmiths offer an affordable way of replacing car keys. While the cost usually varies from a non-remote car key to remote car keys, car owners can still save money by hiring locksmith services. Usually, locksmiths are flexible enough to come to where your car is for car key replacement services. Therefore, it saves you the trouble and expense of towing the vehicle.

They arrive well-stocked with car key blanks and tools to replace and delete old keys for security purposes. Also, the car key replacement services take a few minutes instead of placing an order from a car dealer. Auto locksmiths have the necessary equipment to replace all car key types and for most car models. Therefore, they are your plug whenever you need a car key replacement.

Claim on Your Car Insurance

Some car insurance policies cover car key replacements for lost or stolen keys. Some even provide car owners with another car or cover the cost of hiring a vehicle when they cannot use their own due to a lost, damaged, or stolen car key. Therefore, you can save money by filing a claim with the insurance company. However, ensure that you meet the conditions defined in the key lost policy. For instance, insurance companies require car keys to be missing for a specified time before the cover comes in to pay for car key replacement. Car owners should read through the fine print carefully to save money on car key replacement. That way, you might cover some or all the car key replacement costs.

Keep Spare Keys

Having a spare auto key is an effective and easy way of saving money on car key replacement. Locksmith services are likely to be cheaper when you have spare car keys because you only need a duplicated key, which is more affordable than creating new car keys. Besides the cost savings, getting an auto key duplicate can save you the agony of being locked out of your vehicle.

It’s advisable to have more than two spare car keys. Also, ensure to give one copy to a trustworthy friend or family member that can quickly come to your help whenever you misplace your car keys. The cost of calling emergency car key replacement can be pretty expensive and time-consuming. If the key is a remote fob, ensure that the batteries in the spare fobs are functional.

It would also help to get a mechanical key without a transmitter. Such keys can save your day when locked out of a vehicle. While the mechanical key cannot start a car, they are an easy and affordable way of accessing your vehicle after being locked out. Thus, it saves on the money you would have otherwise used to replace car keys after locking them in the car. A locksmith can easily use the mechanical key to produce another key if you have lost it.

Key Locator

Car owners can save money on car key replacement by investing in a key locator device, especially if they frequently lose car keys. The device is designed to help people locate their lost or stolen keys. Also, investing in a Bluetooth alarm tracker can significantly save on car key replacement. They are important in finding lost car keys but ensure you don’t lose your phone because you need it to track lost car keys. You can tell when the key locator device has found your car keys if it lights up or starts to beep. The device also rings when an individual is unable to find the car keys.

Waterproof Protective Cover

For active lifestyle people, waterproofing and shockproofing their car keys can significantly save on car key replacement cost. If you love outdoor activities like surfing, fishing, diving, or camping, your car keys are often prone to damage, dirt, and wear and tear. Waterproofing allows you to carry the car keys to those enjoyable sports or activities, eliminating the fear of stolen car keys. Moreover, car owners can bring along their keys and will still be functional and protected. Waterproof car keys are unlikely to break or wear out quickly. It’s advisable to hire a locksmith for waterproofing and shockproofing car keys for a more professional and affordable job.

Stolen, damaged, or lost car keys can cause stress and inconveniences, and the process of car key replacement can be costly. Fortunately, you can save money by hiring a locksmith, waterproofing, and keeping a spare key. Choose these options for peace of mind and to save your hard-earned money.