July 2021

Ways to Earn in Cryptocurrency

How Secure Are Transactions Done Through Bitcoins?

There are many ways to make money from cryptocurrency, and you need to understand the pros and cons of each and how to gain the most profit from it. In particular, newbies new to the cryptocurrency market will need a guide to earn interest on crypto, which may be tremendously valuable. This article will help you expand your knowledge of the financial sector and take advantage of the rapidly evolving blockchain technology. Please read carefully and learn more on the internet to equip yourself with the ability to seize the opportunity to come to you in the near future! What Is Cryptocurrency? The technology behind Cryptocurrency (cryptocurrency) is blockchain. One of the top coins is Bitcoin, which started its journey … Read more

The Pros and Cons of Alternative Financial Services

by Hank Coleman

A recent study found that 42% of Millennials have used alternative financial services and 39% of the general population has used these services, which include payday loans, pawnshops, rent-to-own programs, and car title loans. Short-term loans are often risky for borrowers, but there could be some advantages to taking out this type of loan if you’re in a pinch. Pros and Cons of Alternative Financial Services To help you decide whether alternative financial services might suit your financial situation, here are some considerations to make beforehand. Pro: More Accessible If you have a bad credit score, then securing loans or credit cards without a co-signer might be difficult or even impossible. Alternative financial services may be your only option if you’re struggling … Read more

5 Success Factors of Any Successful Company

by Collaborative Poster

The most considerable definition of a successful company is its profitability and growth. Despite business climates and trends shifting, every leader strives to be successful. However, not all businesses are getting there; some don’t even complete a year before they collapse. Suppose you’re thinking of starting a company or driving your current one to success. What are the success factors to consider? Business plan If you don’t have a solid plan, you will be entering the business industry blindly. A business plan is the first essential to a successful company; it shows you where to start and helps in strategizing along the way. It also enables you to organize your ideas according to your goals and objectives for your company’s … Read more

Ask Trim Review – Save Money with Trim Automated Finance Personal Assistant

by Hank Coleman

If you find yourself struggling to save money or find other areas of your budget to cut back on, then you’re not alone. Millions of Americans want to save more money, but it’s easier said than done in many cases. After all, it doesn’t just come down to an individual’s financial discipline. For instance, consumer cable bills have risen 40% between 2012 and 2018, which isn’t something you can easily control for, thanks to the relative monopoly status that cable companies have in their markets. Fortunately, free personal finance apps like Trim have been developed specifically for the purpose of saving you money with as little effort as possible. Even if you think you’ve done everything in your power to … Read more

Is Sunk Cost Fallacy Ruining Your Finances?

by Hank Coleman

The popular A&E television show Hoarders features a range of people struggling with extreme compulsive spending and hoarding behaviors that often impact their living circumstances, relationships, and mental health in a myriad of negative ways. A common pattern that arises during the clean-up phase is the hoarders’ unwillingness to part with items they perceive as having a lot of value, even when those items are clearly broken, useless, or even contaminated. Their rationale for holding onto an excessive amount of items often involves their desire to sell the items, which they paid a lot of money for in the past. However, most non-collectible items begin depreciating the moment you buy them, even if you never use them or even take … Read more

How Your Cognitive Biases Can Hurt Your Investment Returns

by Hank Coleman

In his book, Predictably Irrational: The Hidden Forces That Shape Our Decisions, author Dan Ariely writes, “Wouldn’t economics make a lot more sense if it were based on how people actually behave, instead of how they should behave?” It’s all about our cognitive biases. In the same vein, investors of all backgrounds and net worth levels generally know how they should invest but nevertheless make bad investment decisions like getting deeply involved in penny stocks, gambling on the potential of a new cryptocurrency, trying to “time the market,” or investing much too conservatively for their age, goals and risk tolerance. Unfortunately, beginning and seasoned investors alike are prone to making their own unique, seemingly irrational investment decisions. While it may … Read more