Month: August 2018

Where to Invest Your Bitcoins for Passive Income?

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How Secure Are Transactions Done Through Bitcoins?

What is the Passive Income? When you receive a certain cash flow on a regular basis without any effort from your side, the consequential income is called the Passive Income. Some sources of passive income are rental income, stocks that pay dividends, limited partnership without any direct involvement etc. It was, certainly, never easy to generate the passive income. However, with the arrival of cryptocurrencies, especially Bitcoin, the winds have changed as they provide a relatively easy passive income opportunity. Frankly, earning BTC easily makes it a smooth stage for scams and a significant percentage of crypto enthusiasts have fallen for such cozenages. If you own some Bitcoins and are looking for ways to generate a considerable passive income from … Read more

Medicare Enrollment – 2018 Part C Plans

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Medicare is a very helpful tool for many seniors, but it can also be incredibly confusing and overwhelming if you don’t know how it works. Medicare is the government’s health insurance plan for seniors aged 65 and older, and it has four parts – A, B, C, and D. Each part functions differently, and many seniors are covered under multiple Medicare parts. What Is Part C? Florida Part C Plans are privatized HMO and PPO plans from commercial insurance providers that are offered specifically for Medicare beneficiaries. They offer the base benefits provided under parts A and B of the bill, but then they can add additional coverage. Many part C plans offer other subsets of medical insurance, such as … Read more

How to Figure Out Your Retirement Income Gap

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One of the most important considerations when it comes to retirement planning is determining how much money you’ll need to live comfortably on for the rest of your life. Even if you max out your IRA every year or contribute thousands of dollars to your employer-provided 401k each year, it would be a huge mistake to assume you have enough money to retire. A major early retirement killer is poor planning, so it’s crucial that you figure out your retirement income gap as early as possible and develop strategies to minimize that gap. After all, nobody likes the idea of potentially experiencing a lower standard of living than they currently have. How to Figure Out Your Retirement Income Gap What’s … Read more

Debt Relief vs. Bankruptcy – What’s the Difference?

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Increase Your Earning Potential in No Time

The U.S. economy has seen worse eras. The unemployment rate sits at 3.9%, the GDP is expected to remain between 2% and 3% and inflation/deflation levels are healthy. Yet, most Americans are still in debt. New data shows that around 80% of Baby Boomers, Gen Xers, and Millennials currently carry debt in the form of either credit cards, mortgages, student loans or medical bills. While each of these debts presents different challenges and solutions, anyone buried in debt is likely looking for a way out. This is where debt relief and bankruptcy enter the conversation. But what’s the difference? Is one strategy better than the other? Does it depend on the type of debt you have? Let’s explore the differences … Read more

4 Ways Businesses Can Slash Expenses

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Rules for Picking a Business Name

As a business owner, you are constantly looking for ways to increase your profits. While many businesses only consider growing sales, there is another way to maximize the money your business makes — cutting your expenses. When you do this, you can put more money into your pocket or back into your business to enable more growth. Hiring Freelancers You may truly need another copywriter, graphic designer, or web developer. But you don’t necessarily have to hire a full-time employee. Many potential workers are freelancers, and experts predict that by 2020, up to 50 percent of the workforce will be freelancers. Hiring freelancers has many advantages. You cut down on your required office space, training expenses, and the cost of … Read more

Pros and Cons of Downsizing Your Home When You Retire

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Planning for retirement is one of the most important things every adult should do, but we often focus solely on the saving money aspect without considering what lifestyle we’d like to lead during our post-working years. For instance, do you think you’ll want to sell your home to live in a cheaper area or move into a smaller home once the kids leave the nest? To help you determine whether you should rent out your current home, continue to live in it, or sell it altogether, here are some pros and cons of downsizing before or during retirement. Downsizing Your Home for Retirement Pro: Save Time and Money  The biggest advantage of downsizing is that you’ll likely save money on … Read more