Month: September 2018

7 Personal Finance Tips Every Young Adult Should Live By

Young adults are more inclined towards spending their money. Those adults who start planning their finances meticulously right from the time they get their first paycheck are the ones that manage to achieve financial stability and financial independence sooner than the others. For more advice on investing and saving money like a pro BullMarketz is a resourceful website.

  1. Focus on your credit score right from the time you start getting an income. Look for ways to improve your credit score continuously.
  2. Taking zero loans is not a good idea. When you have no movements in your credit records this would also be a bad thing when you apply for an important loan. Take small loans and make sure that you repay them on time. Avoid debt build-ups.
  3. Avoid spending too much on your credit card. Even if you manage to repay your bills on time this habit is a bit addictive. You end up spending more than what you can afford each month when you use your credit card everywhere.
  4. Start planning for your retirement as early as possible. There are some retirement plans that even fetch you tax benefits. You can increase the steady revenue during your retirement period without having to contribute too much money each month, if you start early, say in your twenties.
  5. Approach a financial advisor to learn about the various investment plans. Even for small budget investors, there are plenty of options with impressive interest rates and other perks. Saving is not enough. Investments are important.
  6. Have a reliable budgeting tool and start tracking every little expense. This helps you take full control of your monthly expenditure.
  7. Savings, investments, and insurance schemes are not the only requirements for a financially secure situation. You should also have a strong emergency fund in place.

Benefits Of Commercial Vehicle Leasing Over Financing

If you want to get some commercial vehicles for your business then you could consider two options. You could either lease them or buy them. If you are planning to expand your business then it is best that you lease the vehicles.

The benefits of getting cheap van finance and leasing the vehicle are many.


Most of the business owners plan to lease the vehicle because it lets them save on tax. Leasing helps those who are self-employed as well as those in business to save on tax. You could also reclaim a certain amount of vat.

You can use the money elsewhere

When you buy the commercial vehicle you will have to pay for the initial deposit amount. This is something that may be a big burden on your finances if you are a mid-sized company or a startup. The commercial vehicle lease saves you on this amount. In leasing the initial deposit amount is very less. The monthly payments towards the lease are also lower than buying a van. You thus get the vehicle that you want and also have free money to invest in other operations of your business.

You stay up to date

The business could need different varieties of vehicles. When you lease then you can add the latest vehicles into your business. Thus when you lease the commercial vehicles then you can switch to the latest ones in the market. This may not be possible if you buy the van.

Avoid depreciation

You are saved of depreciation when you lease the commercial vehicles. Depreciation could cause a big loss financially and this is especially true of the heavy commercial vehicles. When you lease a vehicle you are saved from any depreciation of the vehicle.

Also, one size does not fit all your needs when you are planning to buy a commercial vehicle. So based on your business needs and what kinds of payments are affordable by you, you can lease the vehicles to help the business in the long run.

How To Live On A Boat Without Going Broke

If you’re planning to take off from your regular life a bit, want to see the world in a new way, live on a boat and try to sail for a couple of years – then you need some special planning from the beginning to make this dream of yours come true. The process isn’t easy, as you’ve to gain experience first, and then, also save sufficient amount of money as well – to keep you going for days, and even week, months or years. Therefore, the following are some of the best tips and tricks, on how to live on a boat, without going broke.

Four Ways To Live On A Boat Without Going Broke


  • Getting Some Experience : This is the first step of the procedure, that one should carry out. Without sufficient experience, it will be difficult for any person to live on a boat, for so long. You can always buy a small boat, or try out some luxury yachts, as is world class. Just try it out and thereby learn the experience gradually. You can even go to a sailing school and learn there as well.
  • Learn To Do It Yourself : If you’ve bought a boat, and are also using it, then definitely it needs some care as well. So, you also have to learn about the ways to maintain your boat, all by yourself. This is because, when you’ll be sailing for days, you’ll have none by your side, to do all the maintenance job.
  • Save Money : You have to manage your finances in the right way, exactly from when you decide to do this adventure. Every penny will count to the last end, and therefore, it is very much advised to start saving from the beginning.
  • Calculate The Cost Beforehand : You don’t want to start a particular trip, without calculating the overall cost first. You may end up over-budgeting it or under-budgeting it. Therefore, the correct estimate is very much essential in making trips like these, so that you can have a source of finance, just when you need it.

The Ultimate Tips For Effective And Stress-free Budgeting

Effective budgeting should be a part of every household. This brings about stability, not only in financial matters but also in terms of mental health. Lack of a proper budget can disrupt the normal activities in your life and make you irritable. It can also lead to unnecessary stress and strain. When you have a plan in place for the entire month and you can stick to it, then these stressful factors will stay away and will help you to lead a happy life.

Here are 6 ultimate tips for effective and stress-free budgeting.

  1. The logic behind budgeting

Every act that has a purpose behind it seems more meaningful. When you look for reasons to plan a budget, it will become all the more important for you to stick to it. There are several reasons and the primary one among them is the need to pay your bills. The second is to stay away from debts and live a stress-free life. The third is to have a peaceful retirement, with enough money to take care of your needs.

  1. Do not let periodic expenses surprise you

Periodic expenses can be surprising and frustrating if you don’t plan for them in advance. They could be anything, from car insurance to vacation costs, tax payments, unplanned shopping from places like, life insurance etc. The best way to deal with them is to add up all the periodic costs in a year and divide them by 12. Set aside this amount every month so that you are not surprised by any of these costs.

  1. Track your area of expenditure

There is no need to track every penny that you are spending. You could try to find out what are the areas where you spend the most and track the money there while planning a budget. This will help your budget become more effective.…