Entries by Warren Hernandez

Quick Finance Tips

Financial Planning

Since it’s only the first month of 2019, there is still time to plan out how you are going to manage your finances without resorting to resolutions. Although resolutions are extremely easy to make, sticking to them and not straying out of control can, obviously, lead you back to the same beaten path you had taken last year.

Some of the most common resolutions may include paying off debts or starting a savings account in order to futureproof your old age. All of this might sound boring, but these shouldn’t just be resolutions; these should be ever present in your approach to finances all the time.

Let us look at some quick finance tips
1.      Annual review
At least one review should take place every year, and during this period, you need to evaluate your current standing financially so that you can start thinking or acting on retirement savings as well as where you want to invest. You also need to stick to a budget and set goals that can lead you somewhere. But keep in mind that consistency is key since completely changing how you previously handled your finances can hurt you just as much.
2.      What you would like to achieve

To have a better chance of reaching your goals, write them down on a piece of paper or book. You do not have to concern yourself about whether the size of your goals, you can still write anything that you like to have. From a pair of socks to even a house; everything is accepted. This will help you filter out stuff that you do not want since small purchases or goals will feel insignificant next to the big budget plans that you have.
3.      Alerts

Analyzing and getting on top of your finances is extremely important and in order to do this efficiently, make sure that you have alerts and notifications turned on so that you can check on the status of your student loans. You will be notified when large payments are due. Setting up alerts wouldn’t take a lot of your time either. Spend a small amount of time so that you are secure for the future.
4.      Your credit report
Make it a habit to check how your credit report is doing so that you get a clearer picture of your credit score from time to time. There are plenty of websites and services that help you check your credit score with a click of a button. Make sure that you check them out.


Ideas for Generating Additional Income from the Comfort of Your Home


We need a sufficient amount of Vitamin M (Money) in adhering to the concept of “survival of the fittest.” Life gets difficult to support our families when we run out of money, or the income we receive from a full-time job does not aid in clearing our debts or staying happy. To serve this purpose, we need to invest more time in making the additional source of income for quality standards of living. So read through the below in generating that extra income in quick ways from the comfort of your home.
Private/Online tutors:
For those with excellent networking skills, patience and love for kids can consider this option to make quick money. Home tuitions need extra effort in advertising within the neighborhood for taking tutorials for a single student or in a batch. If not being an online tutor for those parents who are seeking a private tutor to give special attention to their child’s education would be beneficial.
Resale of Old and Obsolete home stuff:

Another great way to generate extra penny is to look for those household items which is occupying too much space or has no potential use or a basic necessity at home find a better place to be sold on e-commerce sites like OLX, Amazon, etc-a good, platform for refurbished products other than selling anything new.
Stock Market Trading:
When you have the capacity, risk appetite and little capital to invest in getting into online trading. This would be a good source of money by trading into equities, futures, options and various other fund schemes through opening a Demat account and applying knowledge on how to play well with market fluctuations as per demand and supply factors.

You can actively choose an easy part-time job as a way of freelance work in the field of brokers, content writing, typing jobs, online surveys and many other options that suit your interests is a for sure source to get that extra income.
Being a passionate Vlogger/Blogger/SEO experts:
With the buzz of digital media, there are many ways to find a source of extra income like starting a blog to post good knowledge articles, doing vlogging of useful short video uploads, etc. to target  audience looking for helpful information and make them follow, share and comment to improve your work’s visibility online.
Photography and Artwork:
This is also an exciting way to let your creativity make money for you by utilizing your hobby skills such as painting, art, photography work, etc into selling that online and increase your consumer level.
Becoming successful Entrepreneurs:
When you have a talent which needs wings to fly can be a good way to earning income and be established and maintain stability in your career.
Renting Accommodation:
Running a Paying Guest accommodation for those in need of shelter and renting any of your extra properties would fetch you stable income at least for some good long years.