More Than Finances

Get your finances in order!

By

How To Switch Energy Supplier & Save £££

Did you know that over 7 million people switched energy providers in the UK last year? That’s over 10% of the population.

Why did they do it?

To save money, why Else?

The good news is, you can too.

Energy is getting expensive these days. You’ve probably seen your fuel prices skyrocket in recent years. Some people are paying twice what they paid a year or two ago.

These huge price increases aren’t just a UK problem. You see, energy providers are seeing a rise in their costs, a lot of these price increases have been down to geo-political and economic influences. As demand for energy increases across the planet, prices have been going up everywhere.

But there’s still a way to save, and that’s what we’re here to talk about. Even though energy companies are seeing their own prices go up, there’s one specific tactic they’ve been using to try and get a bigger share of a competitive market. And that’s by offering special introductory offers and rates to try and get you to switch to them.

If you’re happy to take ten minutes to go through a simple switching process, you could save money. Lots of people do this every year. That means you can keep switching regularly and only end up paying those sweet introductory prices, before switching again when the rates go up.

Here how to do it:

Work Out How Much You’re Paying

You can’t do the calculations to make sure switching is going to save you money unless you know exactly how much you’re paying. If you’re on a fixed rate, this should be easy enough to calculate. Even if you’re not, make sure you add up the last year or more of bills to get a figure. Make sure you include a range of months, as fuel consumption can vary depending on the seasons.

Once you know exactly how much you’re spending, you can work out how much you can save.

Do an Online Comparison Search

There are tons of different online price comparison sites online. They’re easy to find and easy to use. Simply enter a few details like the size of your home and your location, and you’ll instantly get a load of competitive quotes. Hopefully, most of these will be much cheaper than what you’re already paying. Moneyexpert.com is a great site for price comparison.

Find the Best New Supplier

While you’ll generally be looking for the cheapest supplier to switch to, there are a few other things you need to look at. Things like the quality of their customer service can be important, so check a few reviews. Make sure you look at the small print to see what happens when the introductory period is over and how much it might cost you overall.

Get Your Documents Together

Switching is easy, you just need an old energy bill and your postcode, along with maybe a couple of identification documents. Get them together before you make the call.

Phone Them and Switch With Ease

It should only take about ten minutes, and you won’t notice any gaps in powering your home.

Have you found the switching process this easy before? Let us know what you think, or who you recommend.

By

Selling Yourself to the World

A terrible thing happens when you don’t market your business: nothing. If you are an entrepreneur in the early stages of your professional journey, this is a crucial time to get your name out there and to start advertising what you do. There are many ways to do that, especially in this digital age. Find the most effective way to market to your target audience and get the most traffic. Your new company is your baby, so care for it accordingly.

The Six W’s

The extra “W” here is the most important one for a small company: website. A website is the first line of communication between a business and its clients, and an effective site can make a huge difference in how seriously people take you. How many people do you know that look in newspapers for information about a company anymore? The answer is hardly any. Marketing specialist Mark Crumpacker has a great example of an effective website: clean, concise and to-the-point. Users see what they are getting and are not overwhelmed.

Your 8th grade English teacher’s advice still stands today: when trying to persuade someone, don’t forget the five W’s:

  • Who are you trying to market for? Who is your audience?
  • What services do you offer? What can you do to help your customers?
  • Where are you located? Are you only available locally or are you worldwide?
  • When are you available to offer your services? If you offer a specific product, how soon it is available for delivery?
  • Why are you running this business? Why should clients choose you over a competitor?

Social Media

Social media sites don’t only have to be the home of selfies and pictures of food. Use these tools to your advantage in developing a following for your company.

  • Facebook. Tell your clients and potential clients what’s happening in your corner of the internet. Write status updates showing what you are working on and how projects are going. Customers appreciate someone who is down-to-earth and more of a real person.
  • Instagram. A picture is worth a thousand words, and showing what you offer and what your products look like is another way to generate excitement. One strategy can also be to “tease” new products. Keeping everybody guessing and eager to see what more you have to offer.
  • Twitter. Communicating with the world in 140 characters or less can be hard-hitting. Look at the Twitter accounts of other businesses and see how they use it. Do they prompt users with questions? Do they muse about daily events? Figure out a formula that works for you and start typing.
  • Pinterest. This might seem like an unconventional choice, but Pinterest is a valuable marketing tool. Generate interest by creating boards for multiple items that relate to your company, as well as one exclusively for pins that you create yourself. The wonderful thing about Pinterest is that pins last for a long time; there is potential to repin a post that is years old.

Selling yourself is part of the corporate world, and when done correctly it will generate interest and traffic to your company. Find marketing strategies that work for you and watch your numbers climb.

By

4 reasons to use citizenship by investment to secure a second passport

As the name suggests, citizenship by investment (CBI) offers people and their families a chance to gain citizenship to a particular country in exchange for a significant financial contribution to that nation. This investment could come as a donation to a government fund, for example, or by purchasing state-approved real estate property.

St Kitts and Nevis was the first nation to introduce CBI in 1984, offering citizenship to applicants over the age of 18, of sound health, and of good moral character. The St Kitts and Nevis citizenship programme is the most experienced programme of its kind. Meanwhile, Dominica has been considered the most affordable and highest-ranked citizenship programme. Cyprus’ CBI programme is good for those wanting a EU passport.

Obtaining citizenship by this means is only available to the wealthy, costing anything from $100,000 to $2.5m. For those who can afford it, CBI is a viable route to second citizenship without marrying a native or being naturalized over the course of several years.And as we outline below, there are many very good reasons for applying to a citizenship by investment programme.

Increased travel opportunities

Obtaining a second passport often gives applicants visa-free access to far more countries than their current passport allows. For example, the Global Passport Power Rank, which is based on each passport’s total visa-free score rates Pakistan (36), Sri Lanka (48), and Nigeria (47) poorly when it comes to how easily citizens can travel abroad without a visa. Therefore, citizens of these countries would benefit from a second passport courtesy of CBI nations like Moldova (113) or Malta (164), which would allow them open travel to significantly more places without a visa, which can often be expensive and take some time to acquire. Freedom of movement could be especially attractive to those who frequently venture abroad for business, or struggle to obtain visas that entitle them to multiple entries.

Greater job possibilities in more nations

As well as increasing the freedom to travel, citizenship by investment can also allow applicants additional rights in a number of other countries. For instance, gaining a second passport from a country like Cyprus would also grant somebody EU citizenship. This would, therefore, allow parties to live and work freely in all other EU countries with identical rights to the citizens born to their citizenship by investment country.

The same principle applies to the CARICOM Caribbean Community, an organization of fifteen Caribbean nations and dependencies. Obtaining citizenship for one of these territories, such as St Lucia, would give you employment opportunities in the 14 others, as well as facilities available to Commonwealth citizens.

Freedom from political instability

CBI programmes can provide an escape route for those living in the most dangerous countries in the world. Whether fleeing from a war-torn country, or a nation plagued by major natural disasters, those that can afford citizenship by investment are able to use their second passport to move with their family to a safe location. There may be opportunities to immigrate via refugee schemes, but citizenship by investment would significantly speed up the process, and eliminate any uncertainty regarding the applicant’s future in their new home country of choice.

A second passport via CBI could also encompass increased civil rights not guaranteed in all countries. These could include the chance to vote for a democratically elected government, the opportunity to run a business free from government interference, freedom of religion, and unrestricted access to the Internet.

Favourable tax jurisdiction

A second passport could enable a wealthy investor to pay far less tax than they do in their home nation. Many of the states offering citizen by investment programmes have low or no-tax jurisdictions, in which you don’t need to pay corporate taxes on any foreign sourced income.

For example, there are no capital gains or inheritance taxes in the five Caribbean countries that offer citizenship by investment—St Lucia, St Kitts and Nevis, Grenada, Dominica, and Antigua and Barbuda. Furthermore, income tax only needs to be paid by new citizens who reside in the country and remain there for a set number of days. However, Americans are required to renounce their American citizenship before they can reap the tax benefits of the country of their second passport.

Whichever country takes your fancy, a second passport via a citizenship by investment programme can bring great benefits in terms of finance, opportunity, and overall life satisfaction.

By

Should You Invest in Grin Cryptocurrency?

grin cryptocurrency

From all-time highs of $261.65 to lows of $4.57, Grin made its ripples in the blockchain community despite little awareness of the cryptocurrency. Its website says it empowers anyone to transact or save modern money without the fear of external control or oppression. If one didn’t know better, they’d assume this was some sort of anarchist movement. They’d be wrong.

Read More

By

Five most common mistake in the currency trading business

Trading is an art. You can’t become successful trader without learning the details of the market. Many new traders in Australia have tried to make a huge profit based on gut feelings. But eventually, they lost their entire investment. Just like any other business, you need to have a proper strategy to deal with the dynamic Forex market. Some of you might buy the most expensive trading system in the world but this will never work. You have to invest your time to learn the proper method of trading. Never take things lightly when it comes to the investment business. Start trading the market with the demo account so that you don’t have to lose any real money during your learning period. Take your time and consider the demo account as a blessing.

Though trading is a very challenging task, by avoiding the common major mistakes you can easily become a successful trader. In today’s article, we will talk about the five most frequent mistakes in trading business which you need to avoid.

Overtrading the market

Overtrading is one of the key reason for which new investors are losing a huge amount of money. You might be thinking of overtrading the market you will be able to make more money. But in reality, you need one good trade to secure a whole month profit. Stop trading the market in the lower time frame as it dramatically increases your risk exposure. Focus on long term goals and try to use price action signal so that you can easily place a trade with an extreme level of precision.

Trading with high risk

Due to the use of a high leverage trading account, new traders often forget the basic rules of money management. At times you might be able to make a huge profit based on big lot trading, but considering the long term scenario you are just ruining your trading career. Never think you can make a significant change to your profit factors by taking a huge risk. In fact, you should never risk more than 2% of your capital in any single trade. Losing or winning doesn’t really matter as long as your trade with low-risk exposure. Take strategic steps so that you can easily save your investment and make a decent profit.

Following the herd

Novice traders often think by following the herd in the Forex market, they can save their investment. Before you do so, just remember the fact, more than 90% of the retail traders are losing money. If necessary use copy trading platform to trade the market with the professional traders. Based on the portfolio of the professional trader, you can link your trading account to enable an automated trading process.

Using too many indicators

Indicators are nothing but tools to aid you. The experienced traders use it to find the best trading signals. However, they never overload their trading charts like the novice traders. Some professional traders use multiple time frame analysis to filter out the best trades. Use one or two indicators to assess the quality of the trade setup. Make sure you are trading in a clean chart. Never make things complicated as it significantly reduces your win rate.

Trading with the low-end broker

Finding the perfect broker is very crucial to your success. Unless you trade this market with a high-end broker like Rakuten, you can’t expect to make decent progress in the trading profession. The elite class brokers allow you to trade in the premium trading environment. Most importantly, your funds will be in the safe hands and you will never face any heavy slippage in trade execution. So chose your broker wisely.

If you really want to become a professional Forex trader, make sure you never commit the above mentioned mistakes. Trading is extremely easy provided that you know the perfect way to deal with the complex nature of this market. Use rational logic and learn a trade in a safe way.