4 Easy Ways To Grow Your Money in Your Downtime

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Ah, money. No matter how much of it we have it never quite seems to be enough. In an era of wage repression where our employers keep our wages down to supplement their own profit margins yet the cost of living continues to escalate, many an ambitious professional finds themselves a “temporarily embarrassed millionaire”. Whether you have your eyes set on a big promotion, a lateral move, taking your career to new heights with a new employer or starting your own business, it helps to have money behind you. Healthy finances are a big part of our hierarchy of needs, and when they stall they can impinge on our confidence and feelings of self worth (not to mention our ability to wear nice sharp suits). Rectifying your finances can help you take the next bold step in your career with confidence.

But who has the time for a side hustle or endless hours of overtime which the tax collectors will benefit more from than you? Here are some simple yet effective ways in which you can grow your money in your downtime…

Try your hand at trading

Trading isn’t just for city types with braces yelling profanities into the phone. Anyone can do it, and by investing small and getting a feel for the markets, you can develop the necessary skills to go incrementally bigger and grow your wealth in your lunch breaks. You can start trading in IRESS, Forex or a wealth of other commodities from the comfort of your smartphone. AT the very least, the experience can teach you the knowledge and skills you need for investment to be a viable option to supplement your savings. 

Get paid to work out

Struggling with those ambitious New Year’s Resolutions you set for yourself? Struggling to find the motivation to get the gains you dream of? Like everything in the 21st century… there’s an app for that. Numerous apps, in fact. Yes, that’s right. There are apps that will actually pay you to work out. Not megabucks, granted. But by earning a little something every time you hit the gym, you may be surprised at how readily the motivation comes. 

Take online surveys

Your opinions are worth paying for. Especially to marketing companies who want to know more about what makes you tick as a consumer. Again, taking online surveys won’t make you a millionaire overnight. Nonetheless, they’re a fun and easy way to make a little extra moolah on your coffee break with zero stress and no boss breathing down your neck. Different surveys pay different amounts and you can usually expect to earn between $0.50 and $5 USD per survey. But given that each only takes a few minutes, doing a couple every day can really add up.

Perform simple tasks online

Finally, machines are getting smarter, but there are still things human beings can do better. Amazon’s Mechanical Turk allows you to make money by performing simple Human Intelligence Tests that a machine can’t do. Spend half an hour every day doing these and you could find yourself with an extra $100 every month.

Are You Wondering What Is Bitcoin? Here’s All You Need To Know

Before you invest in Bitcoin, or for that matter anything, it would be wise to know what it means, where it came from, and how it works.

Though the concept of digital currency is not new at all. It was first tried and tested almost 2 decades ago, but due to undermined performance and security characteristics, it was quickly discarded. Recently, an anonymous developer designed Bitcoin, which uses Blockchain technology at its core.

What is Blockchain?

Blockchain is the backbone of crypto-technology. It is indeed a series of blocks of information, linked to each other with the help of cryptographic code. It was designed as a peer-to-peer network, that is accessible by all but not mutable. In fact, it cannot be modified once the data is fed, recorded, and stored.

Having said that, Bitcoin is relatively a young currency and is prone to dangers such as illiquidity. According to https://www.harvex.io/bitcoin-friendly-bank-uk/, it is utterly recommended that one should maintain high security for their wallets. Also, it is suggested that compliance with the local laws should be taken care of prior to dealing with a fluctuating currency.

Some Facts About Bitcoin

Though it is a young currency, the market for this currency is ubiquitously flourishing. People are adapting to the changing modes of commercial conduct.

It is not the only cryptocurrency

Despite the fact that the terms cryptocurrency and Bitcoin go hand in hand, it is not the only cryptocurrency that exists. There are plenty of other cryptocurrency models available in the market. One can buy any cryptocurrency and of course, operate business around it.

Some examples of other forms of cryptocurrency are Ethereum, Litecoin, Ripple, Dash, and so on. The list is still growing and new models are made available. All of these are more or less similar to Bitcoin.

Just like any other currency, its value fluctuates

The astonishing characteristic feature of Bitcoin is that its value keeps on fluctuating. Just as a legal tender, the fiat currency, keeps on fluctuating in terms of exchange value, Bitcoin also varies depending upon the significance of the exchange.

It can be used as a mode of exchange

Many countries have accepted Bitcoin as a mode of exchange for making a purchase. In other words, you can purchase a Ferrari by paying the seller in Bitcoin. This owes to the immense popularity that this digital currency has gained since it was introduced.

Although countries have not accepted the currency as a legal tender, still some have allowed the exchange of assets in the traditional barter format.

You need to confirm with the authorities

A crucial aspect of this currency is that it is not globally accepted despite being globally popular. One should be sure of the local laws surrounding bitcoin. For example, in most utmost European countries, you can start a business related to bitcoin without being a permanent resident of the province.

Hopefully, the knowledge shared to you through this article clears all your queries related to bitcoin and may help in your future endeavors.

Why are Mortgage Advisor Companies in High Demand?

Are you planning to invest in a commercial or residential property? Are you looking for the best strategies for a remortgage? Regardless of whether you are going through the process of mortgage for the first time or have been on the path before, you will benefit by hiring professionally trained advisors. They go the extra mile to help you raise capital. Apart from brainstorming about the best mortgage ideas with you, they can chalk out the process in the most seamless way. As mortgage arranging is not an easy task, it’s best left in the hands of experts who can make the going easy for you. Here’s why you should look for better mortgage solutions from expert advisors in 2020. 

What do Experienced Mortgage Brokers do?

Professional mortgage brokers trigger off mortgage discussions, negotiate, and process mortgage loans on their clients’ behalf. Equally efficient in processing commercial and residential mortgages, they have the right tools and tips to meet your expectations. The following benefits of hiring a qualified mortgage broker can help your cause well.

1. Easy access to multiple loan products

Avail a plethora of mortgage and loan products by connecting with a mortgage advising company. The professionals associated with such firms have wide experience and networking capabilities to get you the products you need. With more products to select from, you will find it easy to freeze upon the interest rate that suits your budget. 

2. Advantageous deals in store

The good thing about hiring the services of a mortgage advisor is that your interests, more than the interests of lending institutions, will be taken care of by them. They stand by your side as a problem solver, knowledgeable consultant, and friend. You can expect to get the best repayment amounts, interest rate, and loan-related products when you start dealing with a mortgage advisory company. 

3. Flexible and efficient services 

As you go through the processes of mortgage lending, you will experience various bumps along the way. Mortgage advising companies with years of experience to fall back on can pull you through all situations while handling your concerns adeptly. As per a senior mortgage advisor at https://www.elems.co.uk/, they can iron out credit issues with borrowers, suggest the best products only, obtain financing from profitable sources, and so forth. Undoubtedly, you may look forward to getting the utmost help by hiring the services of a mortgage brokerage company. 

Way Forward

If you have been wondering how to go about your next mortgage borrowing then look for an experienced mortgage advisory company. Freeze upon professionals who are adept at arranging and recommending mortgages along with insurance products. The best way to go forward is to liaison with a company that works with a panel of lenders and has thousands of products to derive value from. Start the process today and say goodbye to your mortgage blues. 

VA Mortgage Lenders: How to Find the Best One?

When you become eligible for a VA home loan, in effect, you can look forward to gaining the benefits of one of the best mortgages. As these loans are supported by the Department of Veterans Affairs, and go through local VA loan lenders, it’s important to trigger the process carefully. One of the primary challenges lies in freezing upon the best lender that can help in getting the VA loan quickly and without much hassles. As these lenders will have their profit targets, business expenses, and business goals, it becomes important to understand what they have on offer.

Here are some guidelines that you should keep in mind to evaluate the best VA lender from the shortlisted ones.

How to Find a Good VA Loan Lender?

Understand Financials

At the very onset, you need to have a clear and accurate notion about your financials. It’s important to know your numbers beforehand to negotiate on firmer grounds. For example, you must do your homework to know your monthly spending, credit score, and debt-to-income ratio. When looking for a lender for a VA loan, Bruce Glassinger from VA Loan Lending says that the most important thing to look at besides the rate is what the lender charges you. All these numbers play an important role in affecting your interest rate and the probability of approval.

Compare Rates

Aim to get the most lucrative deal in terms of low fees, interests, and other closing costs. Do not freeze your selection on the very first lender you come across. Shop around for rates and features of VA mortgage that sync with your needs and home buy expectations. It’s recommended that you compare the rates of VA loans and mortgages, as laid down by the qualification requirements, to grab the best deal.

Know the fees

While the VA funding fee applicable to all applicants remains the same, the other fees are negotiable and may vary. Along with the rate of interest applicable to the VA home loan, get an idea about all the loan closing costs beforehand. You may ask your preferred lender or research online to understand the fees that you’ll have to pay in the long run. Avoid any surprises later on by understanding all the costs and fees in advance. For instance, the annual percentage rate would represent the actual costs related to your VA loan. It is different from the basic interest rate and has to be understood accordingly.

Get in Touch with the Right VA Loan Lender

These days, there’s no dearth of VA lenders that can be found locally or online. Most vendors have unique services, options, and specialties to boast of. They have different loan packages and mortgage options that have to be understood in entirety to make a well-informed home purchase. It will help to shortlist a few VA lending companies and compare their rates and features. Assess your home buy needs and match them with the rates and benefits on offer by different companies. Once you’re sure of which lender would provide the best returns, sign on the bottom line to come closer to your dream home.