Month: February 2019

Instagram Tips for Your New Business

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If you’re starting a new business, you need to understand the importance of having a strong social media presence. Even if you’re running a brick-and-mortar store, many customers are going to find you on Facebook or Instagram before they’ve even walked through your front door. You need to understand several Instagram tips to get ahead. Being active on social media means getting the attention of younger generations and being taken seriously by people who want to learn more about your brand. That’s why so many business leaders want to understand the purpose of a podcast and how to get more Facebook page likes. For new businesses, it’s especially important to make an impact on social media because they need to … Read more

Top 4 Retirement Mistakes that Could Derail Your Retirement

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Are you getting close to retirement or still a decade or two away? Even if you plan on working for several more years, it’s extremely important to keep your retirement plans at the forefront of your mind. Ignore the excuse, “I still have plenty of time to start saving.” Don’t make these retirement mistakes. Unfortunately, this is the same logic that leaves many people with no savings upon reaching retirement age, so this long-term goal should be treated with equal or even greater importance than your short-term financial goals. Planning and saving for retirement can be stressful, but there are simple strategies you can implement at any age to avoid derailing your retirement goals. Here are four common problems people … Read more

Three Diversification Strategies for a Perfectly Balanced Portfolio

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The following is a guest post by Dan Kent, owner and writer for Stocktrades.ca. This guest post is about diversification strategies. For more information about guest posting on Money Q&A, check out our guest posting guidelines. I deal with a lot of new investors. Those who are attempting to leave their banks or fund managers and instead take control of their own finances. As such, the question that frequents my inbox the most from those who are looking for advice is “how do I construct an investment portfolio?” I’ve often stated that building a portfolio is the most difficult task you can take on as a new investor. The tendency to allocate either too little or too much in a … Read more

Are Car Subscription Services Worth It?

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It’s all about flexible subscriptions nowadays. Whether it’s a TV streaming service like Netflix and Hulu or quirky subscription boxes for seemingly every hobby in existence, consumer data research suggests our collective obsession with subscriptions is unlikely to go away any time soon. Consumers love subscriptions over ownership because there’s much more flexibility, convenience, and easier access to products and services. But what about subscribing to a car service, as opposed to buying a used car or leasing one for a few years? While car subscription services aren’t typically the most affordable option for potential car buyers, the valuable perks oftentimes make the slightly higher cost worth a shot. From car-specific subscriptions like Access by BMW, Care by Volvo, and … Read more

Paperless – The Story of Cost Efficient Operations

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Paper waste is an unnecessary addition to the growing waste problem that your planet is facing. Paper can be recycled, but more often than not in businesses throughout the world, the paper ends up in a trash bin. According to an article by Fortune magazine, “for every million dollars in revenue, a company generates an average of 7.8 metric tons of waste. Almost 40 percent of that waste is easy-to-recycle paper. The study also found that if companies could reduce their paper waste by just one percent, they could save almost one billion dollars”. Let’s think about that for a moment. One billion dollars could potentially be saved per year. This number only applies of course to businesses that generate … Read more

Top 6 Ways to Minimize Your Study Loan Debt

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Without student loans, enrolling in a course would be a nightmare. But even with enough money to fund a four-year degree course, many questions such as the following come to mind: Do you have a student loan debt repayment strategy or you need writing help with drafting one? At what interest will you be repaying college student loan debt and how will it affect your quality of life? Well, given that most loans for higher education start accruing interest soon after graduating, a repayment plan is something you should draft beforehand for a stress-free life. You don’t want to end up spending more than half of your salary every month or business revenue on servicing education loans. Your first job … Read more