How to Win a Compensation Claim

If you feel that something happened to you that was someone else’s fault and its caused you pain, stress, or financial loss, you might be able to make a compensation claim. Lots of people simply overlook these things and get on with life, but that means missing out on the sum of money that’s owed to you. It shouldn’t be that way, and we’re going to talk today about what you can do to take on a compensation claim and win it. Preserve as Much Evidence as Possible First of all, if you’re going to win the money you feel you’re owed, you’re going to need to have evidence to back up your claims. If there’s no real evidence for … Read more

10 Common Mistakes Forex Day Traders Still Make

In the forex market, human error is widespread and often results in recurrent trading blunders. Inexperienced traders are more likely to make these kinds of blunders. Traders that are aware of these mistakes may improve their forex trading efficiency. Consider these 10 typical mistakes before you start Forex trading. Don’t Chase Your Losses Your win rate and risk-to-reward ratio are two important metrics to keep an eye on while trading. Your win rate is the proportion of deals in which you succeed. As an example, if you win 60 out of 100 deals, you have a win rate of 60%. A day trader should aim for a win rate of at least 50%. Keep your reward-risk ratio over 1, and … Read more

How to Get the Funds for the Down Payment of Your Dream Home

It’s no secret that buying a home is one of the most important and life-changing decisions you’ll ever make. But for many people, saving up for the down payment can be a daunting task. If you’re worried about how you’re going to come up with the money, don’t fear – there are plenty of ways to get your hands on some extra cash. The following blog will discuss some of the best ways to get the funds you need for your dream home. 1) Talk to Your Bank If you’re serious about buying a home, the first step is to talk to your bank or mortgage lender. They’ll be able to tell you how much you can afford and what … Read more

It’s Never Too Late to Play the Money Game: Here’s Why

Whenever anyone discovers how money works, they always say to themselves: “I should have started sooner.” “If only I’d started in my twenties, but now I would be home and dry.” However, whether you can build wealth doesn’t depend on your age. Instead, it’s all about attitude. Sure, you might not wind up with as much money as if you had started earlier, but that’s not what it’s about. Instead, it’s all about changing your life now so that you can meet the financial requirements of the future.  The Allure of Compound Interest For many people, wealth comes from the slow accumulation of compound interest. At first, it’s just a trickle, but then as the years go by, it becomes … Read more

5 Ways to Minimise Your Expenses When Buying a Car

Buying a vehicle is something that many people avoid due to the high costs involved with the ownership of a car. From car repayments to maintenance and fuel, the costs can really add up to hammer on your bank account. However, for some people, owning a car is a necessary evil and something that can’t be avoided. In these cases, there are fortunately ways of minimizing how much you’ll be spending on your car on a monthly or weekly basis. Here are some tips to keep your costs low. Choose the Best Insurance Many people don’t think to factor in their insurance costs when budgeting for a car purchase, but this is a cost that can make a big difference. … Read more

5 Things to Consider Before Becoming a Landlord

Investing in property is an excellent way to diversify your portfolio, build a financial haven, and generate recurring income. With so many advantages to this strategy, it’s no wonder that many people are eager to acquire rental properties and become landlords. However, the term “passive income” is often misused for this investment strategy. Getting started with property investments and becoming a landlord can be incredibly demanding. As this is a high-stakes investment, it’s vital not to take this decision lightly. Here are five things to consider before becoming a landlord. Type of Rental Property The first thing to consider when investing in a rental property is what type is right for you. The options typically come down to a single-family … Read more