For a lot of people, owning a house carries a sense of pride and freedom that you just don’t get through renting. With owning your own home you don’t have any of the rules that come from having a landlord. Also, your monthly payments are going towards an investment. And even though buying a home can be the first step to building wealth long-term, it’s essential that you get to grasps with the pros, cons and steps needed in order to achieve it.
You have quite a few streams of income in your life, even if you’re not aware of them. After all, even when you’ve spent your cash, the things you’ve bought are still worth something! You’ve just got to find the right market and the right buyer, and you could be cash in hand the same day.
Borrowing money either from the bank, financial services, or friends is always a tricky thing, and the knowledge of certain debt is enough to put you off asking. Sometimes, though, you don’t have a choice, and you need to take the plunge.
Deciding to become self-employed can lead to a very rewarding future. It can be a really easy thing to do that allows you to start up and run your own business from anywhere. You could even become a sole trader whilst still working for someone else, this way you can test the waters before taking the complete jump in.
When you’re looking to boost your income, there are all kinds of side-hustles that might take your fancy. If you’re looking to flex your skills, you might work freelance occasionally. If you’re looking to make (relatively) easy money, you might generate a passive income through investing or renting out rooms in your property. And you might even start your own business at home with a blog or an e-commerce site, starting small with such side-hustles before quitting your full-time job to then rule the online world.
No matter how careful you are with your money, anyone can end up in debt. Whether you’ve had to borrow money to buy your home or your car, or you’ve been left in bad financial shape after a divorce, debt can happen to anyone. Debts can also have a real emotional impact so it’s important to manage them properly and pay them down as soon as you can.
If you want to increase your bank balance before the end of 2019, you only have a few short months in which to do it in! However, that doesn’t mean it’s impossible. There are all kinds of things you can do if you want to increase the amount you’re earning. Read on for some suggestions:
You don’t need to bank on getting that promotion just to make more money every month. Sometimes starting a side hustle can help you to get to where you need to be without the stress or added responsibility.
If you want to start a business, one of the most challenging aspects of it can be securing funding. Most of the time, business owners tend to use their own capital, but other than that you may need to look into securing loans or investors. Here are some tips on how to fund your start-up…
Maybe you’ve felt a little niggle for a while – something in the pit of your stomach telling you that it’s time to make a change. We all get this at one time or another. Nobody should be staying exactly the same during their time on the planet.