3 Tips To Improve Your Money Management Skills

If you’re not adequately handling your finances, you may be stressed out and struggling to keep up with your bills. Although your problem may be due to the fact that you’re not earning as much as you need, some of it may be due to poor personal money management skills.

There are some basic personal finance management techniques that you can quickly learn to begin to feel confident about your ability to manage your finances. Let’s take a look at how to get money for a financial emergency, how to create a budget, and how to build awareness around money.

1. How to get out of a financial emergency.

There’s nothing more distressing than doing your best to make your salary last through the month only to be blindsided by an unexpected high expense.

If, for instance, you notice one morning before you get into your car on your way to work that all four tires of your car need to be changed, then, on average, it could cost you as much as $600 because the cost of tires ranges from $500 to $700. While you might be able to postpone this for a few weeks, the longer you wait, the more you risk having a blowout on the freeway. Since you may only be earning about $300 to $500 a week, with that money going to pay your regular bills, you may be wondering how you’re going to be able to afford to buy new tires.

Fortunately, there are lending companies that will give quick cash loans you can pay back in installments. The approval process is fairly easy and you will receive your money fast. You just need to be employed, have a valid Social Security number, and have an active checking account.

  1. How to create a budget.

In order to create a budget, you need to take the following 7 steps:

  • First, find a system that works well for you. You may want to get a software program that makes it easy to set up your budget. Alternatively, you may prefer complete autonomy in how you organize the budget. In this case, use a spreadsheet. After you’ve opened up a spreadsheet program, put in column headings and then create cells for recording income and expenses and cells for calculating totals.
  • Second, establish what your net income is after taxes. You need to know exactly how much money is coming in every month from all your income sources.
  • Third, make a list of all the ways you spend your money each month.
  • Fourth, create a financial goal to spend less than you earn.
  • Fifth, make a plan to help you reach this goal.
  • Sixth, take a month to track your cash flow.  This first month should be focused on researching your budget numbers.
  • Seventh, keep on improving your budget. Every month, you will get a more realistic idea about your spending habits, and you will get numerous insights on how to manage your money better.
  1. How to raise your money awareness.

In order to improve your habits around money, you need to increase your awareness around money. Specifically, you need to become aware of where your money is going. In order to develop self-awareness, you need to keep track of  the following four things:

  1. How often you sabotage your money plan.
  2. When you confuse your needs with your wants.
  3. The times you succumb to peer pressure, spending money on things that you don’t really want but buy anyway because you are trying to fit in.
  4.  When you abuse your credit card, creating a debt that you won’t be able to pay off during the next billing cycle.

The best way to develop money awareness is to carry a small notebook with you. Simply writing each money mistake you make will build your awareness; and, over time, you will stop making mistakes.

In closing, if you find yourself struggling with money, you’re not alone. Millions of people struggle with money management because they were taught how to manage their money despite years of formal education. Fortunately, learning these three basic money management techniques just requires time and patience to master.

Where to Buy Properties in Canada

Though Canada has a very similar lifestyle and quality of life as in the United States, the real estate market there is much more stable. The Canadian real estate market didn’t experience the crash that the States experienced, and in the last few years, has gone up in value, making great returns for those who invested. It’s difficult to generalize the entire country’s market, so we have broken it up into cities that might be interesting for potential American investor.


No, it’s not the capital of Canada, but it is its biggest city, boasting a population of 2.8 million, and a thriving real estate economy. Prices have grown dramatically in the last few years, making it difficult for many to afford. However, Canada has learned from its southern neighbor and has been careful with financing options, avoiding the “bubble”. Instead, think of this high value market as a “play big, win big” opportunity. With Lester B. Pearson International airport, Toronto is a global city that is well linked with the rest of the world.


The closest you are going to get to Europe on the North American continent, this cosmopolitan center is a great place to own a property. There are a range of options, from houses to stacked townhouses. Find condos for sale in Dorval near urban amenities and green spaces, perfect for working individuals as well as families with kids. You could invest in a long-term rental here, as well as other options, as this is a thriving city with plenty of tourists, conferences, etc.


Dramatic landscapes, mild weather, liveable communities all sound like one amazing Canadian city: Vancouver. “Vancity” as it is known, has been an investors’ darling – high, growing prices as this metropolis gains more and more momentum and desirability. Though the point of entry is sky high, we don’t foresee the prices dropping, and besides – who doesn’t want to own property here? Some say it’s as close as you get to utopia in North America.


The city bordering with Detroit shares a river but none of its recent problems. Low real estate prices makes this a desirable investment opportunity as it is easy to enter, yet the prices have been on an upward turn. Many like Windsor for its long summer with balmy weather and the opportunity to play in Detroit while live in more family-centered Windsor. Traveling back and forth to the States is very approachable and easy, as there is both a bridge and a tunnel that connects these two cities. Furthermore, there is some beautiful countryside just outside of Windsor, full of wineries, fruit farms, and amazing views of Lake Erie. Truly a retiree’s dream.


If you really don’t have a lot of cash to invest, Cornwall could be just what you are looking. You can find a great deal on spacious homes in this small city, once again close to the US border. It’s a beautiful municipality on the St. Lawrence River and close to the major cities of Ottawa and Montreal. If big cities are overwhelming to you and all you want is a quiet town that still has all the essentials of the city, Cornwall could be the place for you.

There are many different places that you could be interested in buying properties in Canada. Depending on your budget and what your long-term goals are, it might be worth talking to an international property specialist who will have a more focused approach and will able to help you with the paperwork required in an international purchase. Buying abroad might seem complicated and exotic right now, but when it’s Canada, you know that it is a safe bet, perhaps even safer than at home.

The Ins & Outs of Online Trading Courses

When you are stuck in a dead-end cubicle job, you are looking for any viable way out. Enrolling in online trading courses is key to becoming a profitable day trader, which can give you the financial freedom to say goodbye to the office job that you never loved.

With Warrior Trading you can enroll in day trading courses that put you onto an accelerated path that can bring you to a viable level of profitability, without taking up too much of your time. The key is being able to absorb and understand the Warrior strategies of momentums day trading, swing trading and penny stocks trading.

When you enroll in day trading classes, you need to understand how much time and effort is required. Although these classes are laid out in an informative and accessible manner, this is no get rich quick scheme. You need to be able to follow along and put the work in to be a successful day trader.

When you join up with Warrior Trading, the basic classes will teach you the basics of day trading strategies, the techniques to make sure you are squeezing the most profits out of hot stocks, how to find those winning stocks in the first place and how to read and understand charts. Reading advanced chars is an essential part of being a day trader. You want to be able to see the candles and the highs and lows of each stock.

One of the best parts about joining Warrior Trading is that you are joining a community. Day trading can be a lonely and isolating business. Being in a daily chat room with other day traders and learning and understanding what the veteran traders are doing on a daily basis can be an invaluable edge to your education.

While being an independent day trader is a great way to have a flexible job, free from the demands and stresses of a petty workplace, it helps to have a group that shares your goals, fears, hopes and dreams. You can relate to the other traders in Warrior Trading’s chat room.

When you delve into Warrior Trading’s online trading courses, the details of these strategies will be fully fleshed out in an accessible manner. Beginning traders need a low bar in order to start racking up wins and gaining confidence. That is one of the keys to being successful in any endeavor, not only day trading.

When you want to learn more about online trading classes, check out Warrior Trading on Facebook.

Credit Can Affect These Monthly Bills

Credit is the primary factor in proving your borrowing worth to lenders, so to speak.  While income and current debt liabilities do factor in, credit score can give an overall picture as to whether or not you will not only be approved, but what interest rate you will secured, or even have the application turned down.  While there are some obvious monthly bills that are affected by your credit score, there are others that may come as a surprise just how much your credit affects other payment obligations as well, so it is important to get your score as high as you can.

Mortgage, Credit Cards, Personal Loan

The most obvious that you credit will affect any application you put in for a mortgage, credit card, or loan from the bank.  Not only will your credit be a major decision in your loan approval, it will also decide what interest rate you will be granted.  Depending on the size of the loan whether it is for a car or even larger for a home purchase, even a small percentage of an increase in rate could cost you hundreds to thousands in extra interest payments per year.


While it can be tough to secure a mortgage with the tight standards, you will be surprised that even getting approved for rent by a potential landlord can be difficult if you have poor credit.  Landlords want to ensure that you have not only are able to afford the rent payment, but also that based on your history, if you have a pattern of on-time payments.  If your credit score gets too low not only could you be out of getting a mortgage, but it could cost you being able to be able to even rent a place to live.

Car Insurance

A little surprising when it comes to how your credit score can affect other necessary monthly bills is car insurance.  The first thought that comes to mind is what does insurance have to do with credit score, but fitting the theme of granting money, insurance companies also want to make sure that you are a responsible borrower before they will approve insurance for you, and all the more reason to have a great credit score so you don’t have to pay any extra in insurance premiums than you already have to pay each month.

Auto Lease

Basically, every car commercial you see if offering a payment for a hundred or two each month, and by now you realize that after all of the fine print and taxes added in, it really is more like a few hundred a month for a new lease.  While that may be true, that is also assuming that you have great credit, but if you don’t, that $300 a month for a new car can turn into $350 a month pretty quickly with a boost from the finance department, or even not being able to be approved at all.  So, with now home, insurance, and car, credit affects almost every aspect in life.

Renewable energy: pros and cons

When the world broke out with the promising talks about the renewable sources of energy, some critics of modern progress entered the conversation. In this article we are going to discuss the most popular statements that put the reputation of renewable energy under attack.

The hottest news: who we do trust

With the upcoming plans of New York State Energy Research and Development Authority (NYSERDA) the offshore wind offtake is likely to be used in some American states. The director of NYSERDA Doreen Harris claims to be providing new opportunities for usage of offshore wind energy in June this year.

It could be a great solution for American manufacture that is based on limited and running out non-renewable energy. However, we cannot ignore the next facts.

Weak attempts to regulate nature

At first, renewable sources of energy depend on the weather so much. For instance, if there are any unpredictable alternations of weather, the consumption of wind energy is under danger.

The protectors of environment say that it is forbidden for a person to invade the independent life of nature. Otherwise, the severe rain or slow wind streams might affect energy production badly.

Then, the second reason put forward by people who are against renewable sources is that it is almost impossible to produce such energy in large amounts. This technical decision is able to have negative consequences embodied in the necessity to save on the energy consumed. Particularly, one needs to decrease the total consumption of energy in case he uses only renewable sources for his business affairs.

The next issues to be sold lie in the necessity to create a great deal of solar panel and wind farms to launch the good functioning of such energy.  Nevertheless, it is more a space for further work and development than a true problem.

Why we do need renewable sources of energy

When we talk about the renewable sources of energy, the positive sides are much more significant than shadow or unclear ones.

Having outlined the main problems, we must say that pros leave behind the controversial influence of cons in this issue. For example, the usage of renewable energy sources is likely to be beneficial for the state of world economics as their usage makes impact on keeping prices more stable.

How does it work? Perhaps, it is not a secret for anybody that inflation is based on the raise of fall visible in the supply of fossil fuels. Consequently, once you start using renewable sources of energy, the finances are spent on the further development of technical progress but not on the inflation touching the cost of non-renewable resources.

Sustainability is another advantage as, whatever happens, sun is going to shine while a wind is about to blow. The only thing is that enterprises dealing with such a kind of energy production are to apply to an infrastructure advisor specialized in the commercial development of renewable energy projects.

How could we save ecology?

The more attention we bring to ecological issues, the better our planet could become. No hesitations, the supply of renewable energy is able to make the environment healthy because such sources do not contaminate it with carbon dioxide and other toxic substances.

Except for that, renewable sources of energy do not waste the nature along with its materials that had been saved for a long time. One more pleasant thing in which one could definitely be convince is that renewable sources of energy will not disappear one day. Thus, many countries will not have to rely only on coal, oil, and gas anymore.

Smart Ways to Save on the Summer Cooling Bill to Start Now

Rejoice, the summer months are almost here, and we have even flirted with August temperatures in the Midwest for a while now, enough that the air conditioning has been kicking on quite a bit.  This could be a great time to check your home for efficiency to ensure that you do not have any outside heat coming in, causing the air to kick on more than it should.

Use a Programmable Thermostat

It’s hard to imagine any homes out there without a programmable thermostat, especially considering most out there now are even Wi-Fi that you can program on your phone, but I at least need to put it out there for those that may own an older home that do not have one.  By setting the temperature higher during the day while you are work, and cooling in time for you to get home, and even cooler at night, it will make quite a difference instead of running all day and adding up your electric bill.

Seal Around Doors and Windows

It can be a little more tough to find drafts in the summer time compared to the winter when you can feel by hand the cold air coming inside, but for now, if you can walk around the house and make sure that doors and windows are sealed, and touch up with some caulk, you can notice a difference with the heat staying outside.  Also, I have also noticed that if you check outlets on walls that are shared with the outside, you can put foam inserts behind the wall plate to cover any drafts, and also even plug the outlets with baby proof inserts.

Cook Outside

Nothing says summer like firing up the barbeque to cook up some burgers or steaks, but it doesn’t have to stop there.  Moving the cooking from inside on the stove and oven to now outside on the grill you will save plenty off the air conditioning bill now that you will not be heating the entire house when you cook.  Sure, this may be a great trick during the winter to give off some heat in the house, but it can be dreadful in the summer months when you are trying to keep cool.  Crack open a beer outside and enjoy the summer air while you cook and leave heat out there.

Crank Up the Ceiling Fans

Living in a colonial home, the upstairs gets so much more hot upstairs, that cranking up the air and adjusting the vents still makes it cold on the first level and warm upstairs, so that every morning I typically woke up in a pool of sweat in the summer.  Finally installing a ceiling fan has made a world of difference.  Although it is not making the temperature cold in the bedroom, at least circulating the air can give a breeze that makes sleeping a little more comfortable without tossing and turning all night, and I actually find myself using a light sheet with the breeze going.

5 Ways to Cool Your Home in the Texas Heat

Keeping cool in the Texas heat is always tough. The summer months can be some of the most punishing in the country. But there are ways in which you can keep your home cool in the Texas heat. This guide is going to introduce you to five of the best ways to stay cool this summer.

Invest in a Good Air Conditioning System

If you feel like your home isn’t cool enough, the chances are your air conditioning unit isn’t doing its job. This often happens when the filters aren’t replaced often enough. Not only should you invest in a good air conditioning system, you should go out of your way to make sure you’ve maintained your air conditioning system.

Reduce Cooling Load

Let’s say you bought real estate near Austin, Texas. It gets pretty hot here throughout the year. Focus your shading towards the east and west windows. These are the areas the sun is going to hit. Reduce the cooling load by shading these parts of your home and you’ll find that your home is much cooler.

But don’t shade the entire house otherwise you’re cutting off air channels and leaving yourself trapped in a heat-locked box.

Install White Window Shades

This uses the simple principle of color. Black absorbs heat and white reflects it. By installing white window shades and closing them during the hottest parts of the day it will take longer for your home to warm up. Combine it with your air conditioning unit and you’ll be far more comfortable.

Avoid Heat Creation During the Day

There are some household appliances that create heat when they’re used. For example, your dishwasher creates heat. Another example of one of these appliances is the washing machine or the dryer. The way around this is to use them only during the evenings. You’ll also be saving money because it’s cheaper to use these units during certain periods of the day or night.

Close the Doors and Windows

When the Texas heat starts to bite, it can get tempting to open the doors and windows. This is a mistake for two reasons. To begin with, it’s a bad idea because the temperature is often higher outside than it is on the inside. Closing the doors and windows prevents an increase in temperature.

Another reason for this is that when the temperature stagnates there’s no breeze. If you open the window and leave the air conditioning on you’re making your unit work harder and you’re losing that cool air to the hotter outside.

Last Word – Keeping Cool in the Texas Heat

As you can tell, the most important factor in keeping your home cool is your air conditioning unit. You should make sure to have it serviced every spring to ensure that it’s working as efficiently as possible. If you can do this then your home is going to be as comfortable as possible and you won’t be wasting any money in the process.

What do you think is the best way to make sure that your home stays cool in Texas?

How important high quality equipment are in the mining business?

In the mining business, workers often spend numerous hours’ miles under the surface. Deep inside the Earth, the stone caverns in which their brave men do work are treacherous and having visibility at all times is a must.

Along the years, it’s been proven that the most practical and useful device for providing light in dark places for people in the mining industry is the cap lamp. It’s designed to have a strong battery, a small weight and a long lighting time for extended jobs. Falling down and being exposed to underground water are common occurrences, so these features are a staple when it comes to cap lamps.

The necessities

In order to make sure the lamp is placed correctly, you should first be in possession of a stable and resilient cap, both for stability and protection. Even the best cap lamps are pretty much worthless if they fall from the cap and aren’t placed right.

You should then wonder about the depths you will be descending to and choose the light accordingly. In general, it’s better to overpay and be safe. Having your light die out in the middle of work is not the solution. Just because you wanted to save money, you should not compromise on an ordinary lamp.  Be wary about other reviews, ask around with colleagues and take some lamps for trial periods, if you are able to. Then only time you should descent with a lamp is when you’ve made sure it fits right, it functions right and it runs long enough.

During the job

Maximum resilience is also a must when purchasing a cap lamp. Water resistance should be on top of your priority list when buying a lamp. Underground rivers are very frequent, especially in copper and coal mines. If a stream of water splashes on you, don’t try to touch around the lamp too much. The water might enter it and cause it to stop working. Remember, water resilience is only for the outside parts!

Shock resistance is very much connected to the point we’ve mentioned earlier – a stable and fitting cap. Generally, it doesn’t matter how shock resistant your cap lamp is if it falls away because it can’t be strapped in strongly enough.

Always operate it when you aren’t holding a heavy object or working. Make sure both of your hands are completely free, so that you can concentrate accordingly. Not being concentrate leads to accidents and injuries. Be careful!

Taking care of the cap lamp

In between jobs, make sure to check the glass for cracks often. Although you may not notice it, crack in the lamp glass can cause obstructions when emitting light. Every little photon is important when working several miles under the ground. Don’t hesitate to wash the glass so that it stays clear and provides you with maximum vision down there.

Also, make sure the light doesn’t flicker and don’t hesitate to test the battery to see if its life decreases and time passes. Every miner and the underground worker should have few spare bulbs by his side at all times. It’s somewhat common for the battery to be almost full but for the light to malfunction. It’s better to be safe than sorry.

These simple guidelines and tips should advise you both on how to  purchase the right cap lamps for mining and underground use that are highly shock and water resistant and how to take care of it both during and after work. A safer and much reliable lamp is all you need to perform efficient mining.

Enjoy and mine safe!

What to Look for When Buying a Company Vehicle

Depending on your line of business, you might be looking to purchase or replace your company vehicle. This can be an incredible expense and should be treated as an investment, therefore researched and deliberated properly. Buying a company vehicle is different than buying your own personal “whip” and most will end up using an entirely different list of criteria.

This happens for a few reasons. First of all, the needs of your business can vary greatly from what you do in your personal life. For example, if you are a plumber, your best bet might be a company van or truck, even if you personally like zipping around in a sportier car or a SUV. The opposite can also be true. If you are a real estate agent and drive clients around in your car frequently, you might not want to have a huge truck which they could have issues getting into and out of.

Another reason for the disparity is the price. Many of us like to keep our business and personal expenses as separate as possible. In your personal life, the budget for a vehicle could be vastly different than what your company can afford for your daily use. This is especially true once you calculate your potential return on investment or how essential certain features are to you in a personal versus professional sense.

When shopping for a company vehicle consider the following points:

  1. Does it Suit Your Needs?

This is the basic and most important question you have to ask yourself when choosing a company vehicle. Can it do the job? Whether you are a traveling salesperson and need something small and comfortable, or an electrician who needs to be able to store equipment in a fiberglass utility body for pickups or trucks, it has to suit your company’s needs.

  1. Does it Fit Your Budget?

Everyone has a different budget to shop with before they step out onto the dealer’s yard. Though a car is an expense, especially if it is solely used in a company capacity, but don’t be under the impression that you will be able to claim it all at once during this tax year. Shop around in the market and compare prices for vehicles which suit your needs. After a while you will have a better understanding and feel for when something is overpriced as opposed to being a great deal.

  1. Is it reliable?

Choosing a company car is not the time to go with some new brand without a good reputation. You need a vehicle which will spend minimal time at the garage, and have an abundance of parts readily available if something were to happen. Time off the road can easily translate into loss of business, especially if this is your sole vehicle and you don’t have a back-up.

  1. How Fuel Efficient is it?

If you travel short distances or only use your vehicle a few times a week, fuel efficiency might not mean a lot to you. However, with rising fuel costs, companies are getting more and more sensitive to the fuel efficiency of cars. That’s why there is an increasingly large number of hybrids and electric vehicles on the road with taxi signs or company decals. They higher initial cost is clearly worth the savings in fuel throughout the lifespan of the car.

  1. How is it on Insurance?

No one likes paying for insurance, however it’s a normal part of life and is especially important for your business. If you are just starting out and are especially cost-sensitive, you might want to call up your insurance company and ask for quotes for the models you are considering. There could be significant monthly cost differences which could help you decide on which is better suited for your business.

Selecting a company vehicle should never be on impulse, rather should warrant a process of careful research and deliberation. From evaluating your true needs to calculating the lifetime cost of each vehicle, remember that this investment should bring your business positive results, not become a source of frustration.

Cosigners or Collateral? Weigh Both Properly When Seeking A Loan

Borrowing money is something everyone has to do at some point. Not everyone, however, presents the same level of credit-based worthiness and risk to a lender. While lenders are in the business of issuing money at interest, the lenders do need to take extra precautions when someone has weak credit. Borrowers are not entirely concerned with the business matters of lenders. They would just like to collect the funds they ask for. Things are not always so simple. Sometimes, extra steps are required to garner an approval.

Two very common approaches are employed by those who may not otherwise be approved for a personal loan. The would-be borrower could request someone co-sign the loan or he/she could put up some form of collateral. Some may seriously weigh a designer to ask a cosigner to help out or to go the collateral route.

The Benefits of a Cosigner

If a cosigner puts his or her signature on the loan application, the loan may be easily approved. Granted, the cosigner would need excellent credit in order for such an outcome. Finding the right cosigner is critical to be approved. A cosigner with weak credit is hardly going to be much help to the cause. An individual with good or better credit score may aid with a quick approval and the receipt of a lower interest rate.

The problems with a cosigner may give some pause for thought, though.

The Drawbacks of a Cosigner

Borrowers may have trouble finding a cosigner. Not everyone is willing to put his or her name — and obligation to pay — on someone else’s loan application. Those who need a loan quickly might be too pressed for time to locate a cosigner.

Even when a cosigner agrees to terms of the loan, he or she might not actually stick to them. In other words, if the primary borrower defaults, the cosigner may default as well. The “safety net” of the cosigner making payments disappears. Both parties end up in trouble.

In the event of a default, the borrower and the cosigner are probably going to end up with a very strained relationship. Borrowers do need to ask if such a risk is worth it.

Collateral and Its Benefits

When collateral is put up for a loan, the loan is considered secured. Collateral alone might not be enough. Financial institutions don’t want to go through the trouble of seizing collateral to resell it. Hence, the lenders do look closely at the credit history of the borrower. A person with bad credit might be turned down even if he/she is putting something of tremendous value up as collateral.

Not all collateral loans require good credit. A car title loan would be a type of secured loan in which poor credit borrowers and the unemployed could be immediately approved. How title loans work is fairly easy to understand. Essentially, the title — ownership — of the car is put up as equity. The loan amount is going to be lower than the full resale value of the car. Interest rates may be very high. For some, a car title loan may be the only option available due to financial and credit history circumstances.

Other collateral loan options exist. Those who own property may explore home equity options, a low-interest endeavor. Borrowing from a pawn shop has become a popular form of secured borrowing thanks to television shows highlighting the industry.

Think Things Through

Any borrower who cannot be approved for a personal loan has to look for alternatives. In addition to looking at viable alternatives, serious thought must go into making any decisions. This prudent approach may help with avoiding a number of problems — financial ones — that otherwise might occur.

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