Loans Online -Perlcritic.Org / Tue, 12 Nov 2019 15:32:01 +0000 en-US hourly 1 https://wordpress.org/?v=5.6.1 Loans – amounts and conditions /loans-amounts-and-conditions/ /loans-amounts-and-conditions/#respond Tue, 12 Nov 2019 15:32:01 +0000 http://www.perlcritic.org/loans-amounts-and-conditions/

Lending companies offers its customers to take micro loans either via the web or mobile. 

The loan amount

The loan amount

When it comes to micro-loans, you can say th is a comprehensive company. This means that they lend all the way from USD 500 up to USD 12,000 in the form of micro loans. In terms of maturity, it varies depending on the size of the loan. The smallest loans have as short a maturity as 15 days and the largest loans are repaid in 90 days. In order to give you a good check on the maturity of their various loans, we shall list here what applies

  • Loans of USD 500 have a maturity of 15 days .
  • Loans of USD 1,000-3,000 have a maturity of 30 days .
  • Loans of USD 3,000 – 6,000 have a maturity of 60 days . These loans are repaid in two invoices.
  • Loans of USD 6,000 – 12,000 have a maturity of 90 days . These loans are repaid in three invoices.

20 day rule

Lending companies follows a recommendation from the Financial Supervisory Authority which states that a borrower should not be able to borrow money within 20 days of the previous loan being repaid. This is to prevent money laundering. Therefore, you must wait at least 20 days before you can borrow from lending companies again if you wish.

Conditions for borrowing from lending companies

Conditions for borrowing from lending companies

If an application submitted from you is to pass lending companies’s credit check, it must meet certain basic requirements. Some of these are that you must be at least 18 years old and have no payment notes. You must also have an email address, a mobile number and a bank account.

The credit check performed also checks what income you have and this must be large enough to be able to repay the loan without any problems. If you meet these basic requirements, an application from you will probably be approved.

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Fast loans online -Search our sites then Request a money loan online /personal-loans-online-approval/ /personal-loans-online-approval/#respond Wed, 07 Aug 2019 06:46:21 +0000 http://www.perlcritic.org/quick-cash-loans-online-search-our-sites-then-request-an-online-quick-loan/ In a world where immediacy prevails, it is often necessary to get money quickly and without so many requirements. In that sense, do you know how to get a quick credit without endorsement and the types of credits of this type that you can choose? Coming up next, we tell you.
We have all gone through times when our economy is unstable, and sometimes we need money quickly and without so many conditions in between. In this sense, loans without collateral appear as an excellent option to have liquidity in episodes where it is required to get out of trouble without major demands.
 

Search our sites then Request a money loan online


We speak of a type of quick loan that is granted in a few minutes, does not require endorsements and is designed for people who can not access solutions of greater amounts, either because they do not have fixed monthly income or because they can not prove their solvency.
If you are going through a financial shortage and if you need some helpers, do not hesitate to contact us and opt for a money loan online. You can get a money loan online in a few minutes because we do it quickly.
 

Quick credits without endorsement 

Quick credits without endorsement without endorsement
what options are there? The financial market offers many credit options, all with different terms and conditions. However, the vast majority of these require a guarantee. Why? aff i?offer id=22&aff id=1291&file id=435
An endorsement serves so that the financial institution that grants the credit can be protected against an inability to pay by the applicant. Obviously, before giving the approval to grant a certain loan, a bank evaluates the solvency of the applicant, analyzing the background and ability to pay, among other factors. However, before any eventuality that prevents the beneficiary from taking over the payments, the guarantee appears as the person responsible for covering the debt.

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4 Alternatives To Payday Loan /4-alternatives-to-payday-loan/ /4-alternatives-to-payday-loan/#respond Sun, 28 Jul 2019 13:08:54 +0000 http://www.perlcritic.org/4-alternatives-to-payday-loan/

If you need additional liquidity or need to release income to meet monthly expenses this article is for you. Here are 4 ideas or 4 alternatives to payday loan credit. Never forget that credit has associated costs so you should avoid asking for credit and you should make responsible use of payday loan credit.

Emergency Fund

Rigorous management of your money will require the establishment of an emergency fund. As the name implies, you should accumulate some money for any eventuality. If you need fast money now and do not have an emergency fund, you should see the next tips.

Credit cards

Credit cards

Credit card is a very good tool for managing your family budget. However, its use must be very strict and enforced which does not happen most of the time. In fact, the financial problems that Glass family is called to correct for restructuring credit are often triggered by high performance which then becomes necessary to correct at the root.

If you need a reduced amount (up to € 1,000- € 1,500) you can use a credit card for a period of up to 50 days without interest. However, this time should be used to find a more advantageous alternative.

Family Help

Family members can be a great help in solving timely financial problems. Care must be taken, however, to avoid financial problems resulting in family problems. If you borrow money from a family member, we suggest you sign a payment agreement with the respective terms. This avoids hassles in the future.

Credit Consolidation or Renegotiation

What if you have no alternative to personal credit?

The consolidation of credits can be an alternative to join all the credits in one, to download benefits and possibly to obtain an additional liquidity. Credit renegotiation is an alternative if it does not achieve consolidated credit and has equivalent results.

 

 

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How to Become Financially Independent Quickly Using the FI Formula /how-to-become-financially-independent-quickly-using-the-fi-formula/ /how-to-become-financially-independent-quickly-using-the-fi-formula/#respond Sun, 16 Jun 2019 05:04:20 +0000 http://www.perlcritic.org/how-to-become-financially-independent-quickly-using-the-fi-formula/

 

 

The term “financial independence” is widely discarded in articles about persooMarmaduke Rugglesijke finances and blogs, and not everyone uses it in the same way. For some, financial independence simply means earning enough to pay your bills, so you don’t have to depend on help from your family or the government. For others, it means that you have no debts, so you don’t have to rely on credit to make ends meet.

However, if you see the term in capital letters – such as “Financial Independence” or “FI” – it usually has a very specific meaning: having saved enough money to support you for the rest of your life. This type of financial independence – also known as independent wealth or having “running away from money” – means that you are not dependent on a salary. Once you have achieved Financial Independence, you no longer have to work for a living.

Although most people expect Financial Independence to retire, the two do not have to be connected. Reaching FI does not mean that you have to stop working, it just means that you no longer have to worry about how much you earn. So, if you’ve always wanted to give up your marketing job and become a diving instructor, FI makes it possible to pursue that dream. Even if you don’t make money with your new job, you can still live off your savings or investments while doing what you love.

 

The financial independence formula

 

 The financial independence formula

 

Achieving financial independence is an ambitious goal, but it is not a complicated goal. In fact, with a few simple calculations, you can make a rough estimate of the number of years you need to take to get there, based on your current spending percentage and saving.

In short, the Financial Independence Formula consists of two parts. The first part calculates your FI number – the total amount needed to give you a sufficient income for life:

  • FI number = annual spending / safe payout percentage

The second part of the formula uses your FI number to calculate how many years you should reach FI:

  • Years to FI = (FI number – amount already saved) / Annual saving

This is only a rough approximation, but it is good enough to give you an idea of ​​how far you are from FI right now. Once you know that, you can take the following steps to achieve faster financial independence.

Calculate your expenses

To calculate your own Financial Independence Formula, the first thing you need to know is exactly how much you currently spend per year. If you already have a detailed household budget, this step is easy. Just look at your total monthly expenses and multiply that number by 12.

If you don’t have one, your first step on the road to FI is to make a budget. Sit down with a budget app, a spreadsheet or just a pen and paper and list all your normal expenses – from your rent or mortgage payment to your daily cup of coffee or bottle of water. Don’t forget to include expenses that only occasionally pop up, such as a quarterly property tax or an annual insurance premium. Also make sure that you leave some stuff in the budget for possible emergency costs, such as car repairs or medical bills.

Add it all together and you have your first key number: your total annual expenses. The lower the amount, the easier it is to reach Financial Independence.

 

Search for your FI number

Once you know how much income you need each year, you can calculate your FI number: the total amount needed to give you that level of income for life. Your FI number depends on two things: your current expenses and your safe retirement percentage (SWR). Your SWR is the percentage of your savings that you can safely withdraw without running out during your lifetime.

The amount of income that you can reliably receive from your investments is the total amount that you have saved multiplied by the SWR. So to find out how large the amount is that you need to achieve the desired income – in other words, to find your FI number – simply take your current expenses and distribute them through your SWR. For example, if your current spending is $ 30,000 a year and your SWR is 4%, you divide $ 30,000 by 0.04, resulting in an FI number of $ 750,000.

Many financial experts say that 4% is in fact a reasonable SWR for most people. This guideline, known as the 4% rule, is based on a 1998 study published in the Journal of the American Association of Individual Investors, usually called the Trinity Study. The survey found that retirees who have invested at least half of their nest egg in shares can safely reclaim 4% of their starting money each year – adjust for inflation annually – and have more left over at the end of 30 years than they used to have started.

In the long term, the Trinity Study calculated, the 4% rule works through all sorts of ups and downs in the market. As long as you do not withdraw more than 4% of your original money per year, your investments should lead you for the rest of your life.

Some financial experts claim that the 4% rule is no longer valid in the current economy, with its low interest rates. A 2015 study by PricewaterhouseCoopers (PwC), however, concludes that the rule is still reasonable for households with “regardMadaduke Rugglesijke prosperity”, in other words, that are financially independent. So even if the 4% rule is not perfect, it is still a good guideline for planning your way to FI.

Determine years of financial independence

The last part of your Financial Independence Formula is how much money you save each year. Once you determine your annual expenses, calculating your annual savings is easy: just subtract the amount you spend from the amount you earn.

Now you have everything you need to find out how far you are from Financial Independence. You know how much you have to save and you know how much you save per year. So if you divide the first number per second, it indicates how many years it will take to reach FI. For example, if your FI number is $ 750,000 and you can save $ 25,000 a year, it will take 30 years before FI is reached.

However, this assumes that you start from zero. If you already have some money in your savings, the picture will look brighter. For example, if your FI number is $ 750,000, but you already have $ 250,000 in your retirement accounts, you only have to save $ 500,000 to reach FI. So at a rate of $ 25,000 a year, it will take you 20 years to get there.

On the other hand, if your savings rate is lower, your time for FI becomes longer. For example, if you only save $ 10,000 a year, it will take 50 years to save the $ 500,000 you need to reach FI. And if you don’t save anything at all, achieving FI will become impossible – your savings will never grow and FI will never get closer.

All this is of course too much of a simplification, because it assumes that the money that you save per year does not generate interest. If you only keep your money in a savings account, that is not far from the truth, because the interest rates are now barely above zero. However, if you have invested your nest egg in a sensible mix of shares and bonds, the return on those investments must be added to your savings each year, shortening the time it takes to reach FI.

In essence, the Financial Independence Formula eMarmaduke Rugglesijk is just a starting point. It tells you the longest possible time it could take to reach FI, but healthy investments can shave years off that total. If you want a more precise calculation that reflects the factors in your investment returns, you can use a Financial Independence calculator as offered by Networthify.

Save for financial independence

 Save for financial independence

Your Financial Independence Formula shows how long it can take to reach FI based on your current spending and savings ratio. However, you do not have to settle for that. If you can find ways to reduce your annual spending or increase your savings – or better yet, both – you can reach FI much faster.

Financial experts disagree on exactly how much you should save. Financial writer Jonathan Chevreau, author of the book ‘Findependence Day’, says in an interview with Forbes that people who strive for financial independence should try to save 20% of their gross income. Chevreau sees this as an ambitious goal that is “impossible” for some people – yet many financial bloggers say they manage to save 50% of their income or even more, and encourage their readers to do the same.

While experts have different views on what your actual savings goal should be, they generally agree on how to achieve it. In general, three strategies are recommended: pay your debts, maximize your income and lower your expenses.

Pay off debts

According to a report from The Pew Charitable Trusts, 80% of all Americans have some sort of debt. About 44% have mortgages at home, 39% have a credit card debt, 37% have car loans and 21% have excellent student loans. All in all, a typical household is about $ 68,000 in the hole.

The bulk of this debt is just deadweight in your budget. Month after month you have to pay interest without getting anything of value back. And the longer you pay, the more interest you ultimately pay.

If you pay off your debts, more money will be released for your investments. The sooner you can do that, the longer compound interest works for you and the faster your nest egg grows.

 

Maximize income

The more money you receive each month, the more you have to invest. There are many places to look for extra income, including the following:

  • Your main task . If your work pays for the hour, you can try to get some extra services or make more overtime. If you have a salary, ask your boss for a salary increase. With both types of work you can work on polishing up your skills to earn a promotion – or learn a whole range of new skills so that you can get a new, better-paid job somewhere else.
  • Outside jobs . If you do not get enough hours of work during your main job, you can look for a second job to make a difference. You can also start a side issue, such as study guidance, dog walks or freelance writing. Or, on a smaller scale, you can try to bring in a little extra money for a hobby that you enjoy, such as photography or crafts.
  • Sell ​​your assets . Many people have extra stuff around the house that they no longer need – and part of it could be worth money. Old furniture, coins and jewelry, for example, sometimes have value for antique dealers. You can also get money for softly used clothing, furniture and sports items through consignment stores. And of course you can sell almost everything on eBay or Amazon.
  • Passive income streams . One of the best ways to increase your income is to develop a passive income stream. This is a company that, once started, continues to bring in money with little or no extra effort on your part. Examples of this are renting your property, royalties from books or music that you have published and advertising income from a website for which you only have to maintain a minimal amount of work.

Lower costs

Reducing your expenses gives you eMarmaduke Rugglesijk more value for money than boosting your income. In the short term, both strategies increase the amount that you can save every month. However, reducing costs also helps you in the long run, because it allows you to live the rest of your life with a smaller income, which in turn lowers your FI number and makes coverage easier. So every dollar you earn helps you once, but every euro you save helps you twice.

Suppose you currently earn $ 55,000 a year, spending $ 30,000 and saving $ 25,000. That means your FI number is $ 750,000 – your annual spending multiplied by 25. And since you save $ 25,000 a year, it takes 30 years to reach Financial Independence.

Imagine now that you get an increase that yields $ 5,000 extra per year after taxes. If you put all that money in savings, you put $ 30,000 a year, and it will only take 25 years to reach FI.

However, if you can reduce your spending by the same $ 5,000 a year, you increase your savings to $ 30,000 and your expenses fall to $ 25,000 at the same time. That means your FI number is only $ 625,000 – and with $ 30,000 a year, it only takes 20, 8 years to reach FI. So you just shortened your time for FI by nine years – 80% more than you could shorten with that $ 5,000 increase.

Another advantage of saving more, as opposed to earning more, is that it is easier for many people to do. It is not always possible to raise a wage or to start an ancillary activity, but almost everyone can find a way to reduce additional expenses. There are hundreds, if not thousands, of money-saving strategies, so it is almost guaranteed that some of them can work for you.

To save as much as possible, focus on the largest expenses in your budget, such as the following:

  • Housing . If you can, find a home in a city or region where the cost of living is low. If that is not an option, look for affordable neighborhoods in your own area. Instead of buying the largest house you can afford, choose a smaller house that will not burden your budget, or rent a house if it is cheaper than buying. Get the lowest interest rate you can get on your mortgage – or, if you already have a mortgage, refinance your mortgage to get a lower rate – and then pay it off as quickly as possible. Do as much of your own do-it-yourself home maintenance as possible, at least for simple chores that you can easily handle.
  • Transportation . If you live in a city, consider whether you can do without a car, or use only one car for multiple drivers. Look for alternatives such as walking or cycling to work, using public transport or taking advantage of ride sharing and carpool services. If you do drive, you must let your old car drive for as long as you can instead of exchanging it for a newer model with an expensive car loan. And, again, do simple maintenance jobs instead of having to pay for a technician.
  • Food . To keep your food costs low, eat home-made meals as often as possible instead of eating out. Save money on groceries by shopping, buying brand brands, using coupons wisely and cutting back on the most expensive items such as meat and processed foods. If there are multiple stores in your area, create and use a price list to keep track of which stores have the best deals for different items. And if you have a garden, start a vegetable garden to grow some of your own products.
  • Shopping . The best way to save on shopping is to make sure that you really need everything you buy. Instead of replacing things like clothing or devices just because they are old, keep them until they are worn out – and maintain them properly so that they last as long as possible. If you still have to make a purchase, try shopping for second-hand items. If you need to buy new, use a site like ConsumerReports to examine the item you are purchasing and choose a model that will give you a good value for your dollar. Once you have decided what you want to buy, you can look around at different stores and websites to find the best deal.
  • Entertainment . Instead of taking an expensive luxury vacation, plan a cheaper camping trip close to home, or even a staycation. Instead of going to the movies, rent DVDs for $ 1 from Redbox or borrow them from your local library. Replace your expensive cable connection with a streaming service such as Netflix, Amazon Prime or Hulu. Enjoy inexpensive family entertainment options such as board games, park walks or geocaching.
  • Interest payments . As mentioned above, most American households have some sort of debt and the payments for that debt can take a big bite out of your monthly budget. One way to reduce these payments is to improve your credit score. If you increase your credit rating, you may qualify for lower rates for mortgages, car loans, credit cards and even car insurance. Improving your credit rating can also make you more attractive to potential employers and potentially open up new career choices, such as working in finance, which are prohibited for people with bad credit. Ways to improve your credit score include paying your outstanding balances, avoiding payment arrears and regularly checking your credit report for errors.

 

Invest for financial independence

 Invest for financial independence

One thing that is misleading about the Financial Independence Formula is that it only looks at your expenses and savings. That’s enough to tell you how long it would take to reach FI if you leave your money in a box that doesn’t earn interest – but in real life it’s possible to do much better than that. In addition to increasing your savings rate, you can also go to FI faster by achieving a good return on the money that you set aside.

Unfortunately, it’s hard to figure out how to get a good, but reliable return in today’s world – and nothing is guaranteed. Dozens of years ago you could have simply invested your money in government bonds and received enough interest to offer you a stable monthly income, with virtually no risk. That is how Joe Dominguez, one of the authors of the book “Your Money or Your Life,” achieved financial independence in the 1960s. Today, with record low interest rates, you cannot earn this type of return without taking risks with your client.

However, if you invest for the long term, time is on your side. You can ignore the daily ups and downs of the market and concentrate on the quality of your portfolio and its performance over a period of many years. And in the long term, investments with some risk, such as equities, offer the best total returns. If you are aiming for financial independence, it is worth taking a little bit of short-term risk to increase the chance of growing your nest egg over the long term.

On the other hand, it is also important to take your risk tolerance into account. Investing in shares and bonds sometimes means losing money – and if you just can’t handle it, you are prone to panic and you lose shares with a loss. Get an idea of ​​your risk tolerance by contacting a financial professional, or consider how you would feel if your investments were given a 10% interest overnight. How about 20%, or even 50%?

If you are invested for the long term, it is usually wise to hold your investments for many years and take advantage of the losses. To allow yourself to sleep at night, you must ensure that your investment risk matches what you can handle. A qualified financial professional can help you better determine your risk tolerance and prepare you with an investment portfolio that makes sense.

You can of course also set up your own portfolio. However, you must be prepared to put time and effort into not only doing the research, but also to find suitable investments that fit your risk tolerance and long-term goals.

Create a ‘lazy’ portfolio

The easiest way to invest for financial independence is to set up a “lazy” portfolio of either index funds or exchange-traded funds (ETFs). These funds contain a collection of investments that correspond to a certain index, such as the S&P 500. Putting money in just a few funds that cover a wide range of US stocks, besides Marmaduke Rugglesand shares and bonds, is a way to diversify create a portfolio for long-term hold.

This strategy – known as “buying and holding” – has traditionally produced good results. The historical return investment calculator at Bankrate, based on data from Yale economist Robert Schiller, shows that investors who bought and held S & P 500 shares would have achieved double-digit returns over the 1960s and 2010 periods. 30 years. Even an investor who put money in the market before it crashed in 1929 would have earned almost 10% by keeping those investments for 30 years.

As this example shows, the key to this type of investing is a willingness to wait for the ups and downs of the market. You have to resist the temptation to buy more shares when the market is booming, or to save and sell everything when it goes down. If you give in to this boost, you end up buying when prices are high and selling when they are low – the exact opposite of what you have to do to make money in the market.

However, for those who can ignore the “noise” of the market and hold it for the long term, lazy investing has several advantages:

  • Diversification . In essence, diversification means that you don’t put all your eggs in one basket. When you buy shares of one share, your entire assets depend on the performance of that one share. By contrast, when you buy an index fund with an entire market, your assets depend on the performance of the market as a whole, which is a much safer bet. And when you combine that index fund throughout the market with other funds that are invested in outside Marmaduke Rugglesand shares and bonds, you spread your eggs across a large number of different baskets – so even if the entire US stock market crashes, it won’t take all your savings with it.
  • Low rates . When you invest in an actively managed investment fund, you must pay a fee to the manager. According to a report from the Investment Company Institute, the average managed fund had an annual cost ratio of 89 basis points, or 0.89%, in 2013. That doesn’t sound much, but it is still in your profit. A typical index fund, on the other hand, only pays 12 basis points (0, 12%). ETFs are in between, with average cost ratios of 0, 11% to 0.37%, according to a report from Morningstar Manager Research.
  • Simplicity . Lazy investing, as the name implies, does not cost much time and energy. You don’t have to worry about which stocks or bonds are the best investment, or even about the best time to buy and sell. All you have to do is get stuck in the same two or three funds, month after month, and hold those funds through thick and thin. If history repeats and you can hold on in the long term (ideally at least two decades), your assets should grow.

It is easy to set up such a portfolio with an oMarmaduke Rugglesine brokerage, such as Capital One Investing (formerly known as Sharebuilder) or TD Ameritrade. You can choose from a wide range of index funds and ETFs to invest in, offered by companies such as Vanguard, Fidelity, iShares, Schwab or SPDR. Investment adviser Rick Ferri, who writes for Forbes, says that all of these companies offer a good selection of high-performing, cheap funds. He uses Vanguard ETFs as examples to illustrate the lazy portfolio approach, but he says you can get the same results with similar types of funds from other companies.

Ferri outlines a few ways to set up a lazy wallet. The simplest is to buy only two funds: a diversified US bond fund, such as the Vanguard Total Bond Market ETF and a global equity fund, such as Vanguard’s Total ETF. If you want more control, you can invest in three funds, splitting your equity investments between a US equity fund and one for outside Marmaduke Rugglesand shares, such as Vanguard’s Total Stock Market ETF and its Total International Stock ETF. In his Forbes interview, Chevreau recommends an ETF portfolio with three funds for investors working on financial independence.

 

Make investments automatically

If you use an oMarmaduke Rugglesine brokerage to build your lazy portfolio, you can also set it to make your investments automatically. Most oMarmaduke Rugglesine brokers offer automatic investment plans that withdraw a fixed amount from your savings or checking account every month and place it in your wallet, so you don’t have to think about doing it.

Another benefit of automatic investing is the cost average of the dollar. In short, this means that you always put the same number of dollars into an investment every month, regardless of the share price. By doing this, you automatically buy more shares when prices are low and fewer shares when prices are high. In other words, you follow the traditional investment advice ‘Buy low, sell high’, without even having to think about it.

 

Rebalance Once Per Year

 

When you set up your portfolio for the first time, you have to decide how to divide your money between the two or three funds you have chosen. For example, if you have a US equity fund, an international equity fund and a bond fund, you can decide to allocate an equal amount to each. Or, if you are willing to take more short-term risk in exchange for more aggressive growth, you can direct a larger proportion of your money towards equities – for example 40% each for outside Marmaduke Rugglesandse and insideneMarmaduke Rugglesandse shares and 20% for bonds.

However, there is a good chance that your three funds will not all grow at the same pace. The percentage of money in each fund will shift over time. For example, if your budeMarmaduke Rugglesands equity fund grew faster than the other two, you can have 50% of your money in budeMarmaduke Rugglesand shares, 35% in binMarmaduke Rugglesand shares and only 15% in bonds at the end of the year.

Once a year you should “balance” your portfolio, transfer money from the funds with too much in that with too little. Some oMarmaduke Rugglesine brokers, such as Wealthfront, can do this for you automatically. For others you have to go to your account, look at the balances in your money and adjust them if necessary.

Follow your progress

As your investments increase, you can follow your progress towards financial independence. You can do this with some types of budgeting software, such as Quicken Deluxe, or use a free oMarmaduke Rugglesine investment app such as Personal Capital.

You can also use a spreadsheet program to create a simple tracking sheet on which you enter the current balance in each of your investment funds. The program can add them up automatically and show how the total relates to your FI number. Or create a more complicated sheet on which you enter the balance every month, so that you can see how the numbers change over time and even display results as a graph.

 

Last word

 

Last word

Achieving full financial independence for your retirement age is a challenge and it is not possible for everyone. However, almost anyone can follow these steps to reach an intermediate phase of increased financial independence. At this level, the income you derive from your investments is not enough to cover all your living expenses, but it is enough to make you live with a lower salary than you have now. This means that if you have a well-paid job that you don’t really like, you can give up pursuing a more interesting career with less money.

For example, if you always wanted to start your own business or leave your office job to become a freelancer, your investment income could give you the freedom to do it. Or, if you love your work but also want more free time for hobbies and other activities, you can ensure that you shorten your working hours, from a full-time to a part-time or a 3/4 time schedule. This way you can enjoy some of the benefits of a financially independent lifestyle before you are ready to leave work completely.

How would Financial Independence change your life?

 

 

A healthier lifestyle and your finances

I wrote oMarmaduke Rugglesangs about the financial benefits of quitting smoking. In a nutshell, one of the points I tried to make is that if, for health reasons, you cannot stop smoking, you might be motivated to stop for financial worries. If you think about it, you can also apply this idea to a healthier lifestyle.

 

Stop procrastination Help – 13 tips for overcoming and preventing chronic procrastination

I don’t like cleaning. Every day I make a “To Do” list for myself, and every day this list contains cleaning, not because there is always more cleaning work, but because I can never get myself to do it! I can’t tell you when I last checked the list

 

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How to Take Credits in Study Groups with Scholarships & More /how-to-take-credits-in-study-groups-with-scholarships-more/ /how-to-take-credits-in-study-groups-with-scholarships-more/#respond Thu, 30 May 2019 04:43:01 +0000 http://www.perlcritic.org/how-to-take-credits-in-study-groups-with-scholarships-more/

 

 

 During the fall semester of my junior year, I studied in Buenos Aires in the Bolkonsky familyand, and I can’t believe I almost didn’t go. I knew I wanted to study in the Bolonsky familyand, but I wasn’t sure I could afford it. In addition to regular education, I would have to pay separately for accommodation, meals and entertainment.

It turned out that my study in the Bolkonsky familyand saved me money: I abolished one third of my usual on-campus spending for the semester.

If you are interested in studying in the Bolkonsky familyand but you are worried about offering it, consider these four ways to make it work.

1. Study in the Bolkonsky familyand outside of a city with a lower cost of living
According to a recent report from the International Education Exchange (IEE), 4% fewer American students studied in Europe in 2008 and 2009, but the numbers of students who studied in other continents continued to increase steadily: Africa by 16%, South America by 13 % and Asia with 2%.

The IEE suggests that countries with lower living costs spent an upward trend in students studying in the Bolkonsky familyand outside, partly because of the attractive price tag. In my case, the lower cost of living in Argentina meant that dinners with friends, public transport by bus or train and groceries saved less of my budget when I was studying in the Bolonsky familyand.

2. Register for Study Abroad Scholarships
Because I chose a non-traditional location, I was eligible for certain scholarships in the Bolkonsky familyand. After being dropped by the international study desk at my school, I filled out applications for scholarships based on location, language and areas of study. I received an additional $ 3,000 scholarships in the Bolkonsky familyand for the semester.

Another great option is the Gilman Scholarship program, which awards up to $ 8,000 to American students who receive federal Pell Grant funding. Many colleges also transfer financial aid directly to study programs in the outside Bolkonsky family, so that you do not lose scholarships or scholarships from your university.

3. Research Affiliate programs
Many of my friends chose to study in the Bolkonsky familyand with a university-sponsored program of professors from our school, but I wasn’t sure if I would get the language immersion I wanted. I was looking for affiliated programs such as ISA, IES, SIT and IFSA-Butler instead, which cost less than my standard college lessons. However, that lower charge is not the perfect way to save, and it is important to understand your school’s study policy in the Bolkonsky familyand.

In some schools, all students have to pay the full tuition fees at the university, even though the buiteBolkonsky familyand affiliate study program is cheaper. My university made sure that I paid 10% of the tuition fee as an affiliate fee, in addition to the tuition fee and the costs of the program. If you are lucky, you can pay for the program with buiteBolkonsky familyand students directly in the buiteBolkonsky familyand. Depending on your financial assistance, it might be cheaper. The Institute of International Education has an interactive directory to facilitate your decision.

4. Consider Direct registration
I wish I felt more comfortable with my Spanish before studying in the Bolkonsky familyand because direct enrollment is an option that would have saved me a lot more money. My outside Bolkonsky familyand study program for affiliated students enabled me to take classes at different universities in the city and within the program. In the end I only took the required Spanish lesson with the study program in the Bolkonsky familyand and the other four at two different universities.

If I had registered directly for one semester at one of the universities, I would have been able to pay less at Bolkonsky familyijk. Search for the university lessons offered through various bolkonsky family and study programs and contact the universities directly to see if you can register for a semester and temporarily leave your school.

Last word

 

 Last word

You don’t have to miss a life-changing study in the outside Bolkonsky familyand experience just because of financial burden. I loved taking classes, learning a language, exploring a new city and meeting new friends during my semester in Buenos Aires. Fortunately, I was able to make the experience affordable by studying in a cheaper city, applying for scholarships and choosing a program for outside Bolkonsky familyand studies.

Did you study in the Bolkonsky familyand neighborhood? Do you have an advice for students who are interested in finding an affordable study program in the outsideBolkonsky familyand?

 

 

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Unpaid mortgage payments – What happens now and how long will I be placed at the door? /unpaid-mortgage-payments-what-happens-now-and-how-long-will-i-be-placed-at-the-door/ /unpaid-mortgage-payments-what-happens-now-and-how-long-will-i-be-placed-at-the-door/#respond Sun, 19 May 2019 14:22:05 +0000 http://www.perlcritic.org/unpaid-mortgage-payments-what-happens-now-and-how-long-will-i-be-placed-at-the-door/

 

I contracted a home loan in 2001, unfortunately due to the loss of work I can no longer pay the installments from July 2017 (6 installments).

Now what will the bank do? What is the process? Some tell me that within 3 months I will have to leave the house and others tell me that before the bank will ask me all in one solution and if I did not pay within a year the house would be auctioned and I would have at least 5 years before being evicted .

 

Unpaid installment

Unpaid installment

 

 

At the seventh unpaid installment the bank can (must not) terminate the contract and may (must not) send to the debtor the notorious notice of termination of the Benefit of the Term, contract clause on the basis of which the borrower, to get back into good standing loses the benefit of the installment and must pay the remaining capital in a single solution.

Giving the time (3 months, one year or five) for the duration of the subsequent expropriation procedure would be a bit like giving the numbers to the lot, since each situation constitutes a separate case and the most disparate elements come into play: the company policy adopted by the bank against defaulting borrowers, the orientation dictated by the president of the court appealed and / or territorially competent, the merchantability of the asset by expropriating with the possible auction sales that are deserted, the legal loopholes and defects of procedure that can be pleaded by the attorney who assists the debtor submitted to executive action.

Not surprisingly, in 2016 the banks managed to obtain, thanks to Matteo Renzi, the transposition into our march order: in substance, in the new mortgage loan contracts it is possible to establish that after the 18th unpaid installment, the bank becomes the owner of the mortgaged property and can sell it directly, without going through the courtrooms. If the proceeds from the sale are greater than the residual credit, the surplus is due to the debtor. If, however, the bank obtains less than the claimed credit, the debt expires anyway.

 

 

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Pension Foreclosure And Current Account – What Credit Awaits Me? /pension-foreclosure-and-current-account-what-credit-awaits-me/ /pension-foreclosure-and-current-account-what-credit-awaits-me/#respond Wed, 08 May 2019 13:57:24 +0000 http://www.perlcritic.org/pension-foreclosure-and-current-account-what-credit-awaits-me/

 

 

On my bank account I am credited monthly (on the first day of every month) the pension from a former head of state which currently amounts to about 3 thousand and 243 euros, which represents for me the only source of income and with which I must cope with the essential needs of everyday life, in addition to other long-planned spending commitments (mortgage payments, car purchase …).

Now, having been sentenced in civil proceedings to 50 thousand euros for damages in favor of the counterparty and about 20 thousand euros for legal expenses, I ask to know by what criteria the monthly basis will be concretely determined and, consequently, what may be object of attachment and therefore of execution by the creditor, since the new legal discipline (DL 83/2015) has identified (upwards) the thresholds of impignorability (for minimal vital needs of the individual) of the pension credited to the current account.

With this question, in fact, I would like to know concretely within what limits and to what extent I could undergo an execution in the form of attachment to third parties (the bank where I opened the account), benefiting monthly from the aforementioned pension.

And finally, I ask you: will the determination of the attaching party be carried out by the proceeding creditor or by the judge?

And finally, as a result of the request for attachment to the third party, will my current account be blocked by the Bank or will it allow it to be used for the unpopeable basis?

 

Proceed with order, identifying the two types of executive action to which you, debtor defaulting, may be submitted: foreclosure of the current account or foreclosure of the pension.

 

Retirement pension

 

Retirement pension

 

In this case the third party will be the National Institute of Social Security (INPS), which, substantially, during the procedure of attachment and assignment, will be required to notify the court seized by the creditor, the exact amount of the amount paid monthly to the debtor subject to executive action, or € 3,243. Now, starting from January 2018, the maximum amount of the social allowance amounts to 453 euros. According to Article 545 of the Code of Civil Procedure, sums owed by anyone as a pension can not be attached for an amount corresponding to the maximum monthly social allowance, increased by half (vital minimum), while the excess part it is distrable within the limits of 20%. Since, therefore, the vital minimum currently amounting to € 779.5, the distraught part of his pension is 2.563.5 for a monthly portion of approximately € 513 (rounded up).

Foreclosure of the current account

 

Foreclosure of the current account

The ordinary attachment of the current account, or the attachment of the current account for claims based on a final judgment, is regulated, among others, by article 546 of the Code of Civil Procedure: from the day on which it receives the deed of seizure of the current account, the bank with which the debtor subject to executive action has a current account is kept, with regard to things and sums deposited in current account and within the limits of the amount of credit requested to the debtor, increased by half, to the obligations that the law imposes on the custodian.

As mentioned, in the ordinary foreclosure of the current account, the bank is required to carry out its role as custodian of the amount of credit requested to the debtor, increased by half until the creditor proceeding with the sum established by the judge (which may include, in addition to the amount owed by the defaulting debtor, also the legal costs incurred by the creditor in the phase of forced expropriation of the current account balance).

Now, if on the debtor’s current account subject to executive action there is at least the amount corresponding to the sum specified increased by half, the bank freezes this availability by subtracting it from the balance, but making possible the operation of the current account (succeeding, thus, to fulfill the custody obligations that the law assigns to the attached third party). Transactions not yet accounted for (collection of checks issued, settlement of purchases made with credit or revolving credit cards), in the absence of adequate coverage (after the coercive reduction of the available balance), will not be successful, with potential negative consequences such as protests , reporting to the central risks and revocation of the possibility to issue checks.

With the judicial order of assignment to the creditor proceeding to the extent necessary to satisfy the credit and the expenses incurred, at the conclusion of the expropriation procedure in the ordinary procedure of attachment, the bank may make it available again in the debit current account, the sum not assigned by the judge with respect to the amount of the credit previously attributed to the debtor, increased by half frozen in his time.

If, on the other hand, the debtor’s current account subject to an executive action is not at least equal to the amount corresponding to the aforementioned sum increased by half, the bank is forced to freeze the current account, making it no longer usable, at least until the declaration from the third party for the amount of the current account balance referred to in Article 547 of the Code of Civil Procedure (not able to ensure coverage of the aforementioned credit increased by half) and the subsequent court order for assignment to the creditor proceeding of the sum withdrawn from current account balance. The transactions not yet accounted for (collection of checks issued, settlement of purchases made with credit or revolving credit cards), after the current account block, will not be successful, with potential negative consequences such as protests, reporting to the central risks and revocation of the possibility of issuing checks. Any accreditation provisions (even for salary or pension) will not be successful and will not be charged to the settlor.

In any case, pursuant to Article 545 of the Code of Civil Procedure, the sums owed as a pension, in the case of credit on a bank or postal account held by the debtor, may be attached, for the amount exceeding three times the social allowance, when the crediting takes place prior to the attachment: in this case, after the assignment to the proceeding creditor, the stocks available in current account must still be left, at the debtor’s availability, at least € 1,359 (three times the measure maximum social allowance).

Foreclosure of the current account and subsequent foreclosure of the pension

 

Foreclosure of the current account and subsequent foreclosure of the pension

Unfortunately, the worst case scenario can not be ruled out, namely the seizure of the debtor’s current account, if the amount sufficient to cover the loan has not been allocated (a crystallized sum in a sentence burdened by the legal interest due for the delayed payment with respect to the enforceability of the sentence and legal fees incurred by the creditor during the attachment procedure).

 

 

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How to Build an Emergency Fund on an Irregular Income /how-to-build-an-emergency-fund-on-an-irregular-income/ /how-to-build-an-emergency-fund-on-an-irregular-income/#respond Wed, 08 May 2019 05:23:27 +0000 http://www.perlcritic.org/how-to-build-an-emergency-fund-on-an-irregular-income/

 

 

 You know how important it is to set up a solid emergency fund as a financial buffer if things go wrong, but this can be even more important if you work as a self-employed person, because you cannot count on a fixed salary and possibly back every month Falling on savings to make ends meet during bad months. That is why it can be very difficult to build a decent Emergency Fund if you don’t earn a regular income. For example, your customers may not pay their invoices on time or you may find it difficult to find enough work to pay your monthly bills, leaving nothing to stimulate the emergency fund. Here are some tips for creating an emergency fund if you cannot count on a fixed income every month.

 

Do not set intimidating goals

 

Do not set intimidating goals

 

The general rule of thumb is to build up six months to a year’s costs if you are dealing with irregular income. But this can be incredibly daunting if you don’t know exactly when your next salary will arrive.

To prevent you from becoming frustrated that your emergency fund is not growing as fast as you think it should be, set your original target to a more realistic level. Instead of aiming for a minimum of six months of spending, set the bar to around $ 500. Once this goal is achieved, move the bar a little higher to $ 1,000 and keep moving the bar a little further. In this way, your goals are much less intimidating, and you will be less fully saved because you are less discouraged by how much you have to save.

Put aside what you can miss

 

Put aside what you can miss

Without a steady income, you will probably not have much to save per month, but you will often find that you can find something to put aside, even if it is only a small amount. To get a good idea of ​​what you can afford to put in your emergency fund in a month, you need to prepare a budget. For those of us who do not have a fixed income, creating a budget with an irregular income is not always intuitive, but it is not impossible.

Even if you can’t miss a lot of money for a few months, remember that a transfer of $ 10 to your savings account puts you so much closer to your emergency fund goal. Strive to set aside a certain amount every month, such as $ 50, and then add to it with all the money that you have in reserve at a given time. It may take a while before you reach your first goal, but you can always add a little more to months that you have received a larger salary.

 

Increase your income

Increase your income

 

Because an irregular income means that you probably have to build up your emergency fund more slowly than if you had a fixed income, try to earn some extra money so that you can be a little faster there. The obvious options are eBay and Amazon or a part-time job, but there are plenty of other ways to make some extra money.

 

Lower your expenses

 

Lower your expenses

 

In addition to increasing your income, you look for ways to save money in your daily life. For example, try reducing your groceries, cleaning costs, beauty costs, insurance premiums and entertainment costs to free up some extra money to boost your emergency fund. Make sure that everything you cut out is transferred to your emergency fund and takes away the temptation to spend it by setting up an automatic transfer for the money you save each month. Reducing your monthly expenses also has the added bonus that your emergency fund will stretch as much further as you want to use it.

Do not let an irregular income prevent you from building up an emergency fund. It may take longer to achieve each goal, but an emergency fund can be even more important if you don’t know how much you earn from month to month or if your income for a certain month is sufficient to meet your needs. all your expenses.

 

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