Financial Tips for Regular People

Martins Money is a website that is dedicated to providing tips, news and other information relating to saving money. The website also focuses on a number of aspects from credit cards. The website mainly talks about ways in which we can all save money. We all know that at this point in time, money is very difficult to earn and saving them can sometimes be equally difficult. With the help of this website, readers can get insights as to how to save money and how to make sure that we have enough money to spend and save for the future. Controlling finances is very important so let us see some of the great tips and tricks that Martins Money offer to their readers and find out if they are applicable for all.

Addressing mundane bills and costs
The website offers some tips for addressing the most common aspects of our spending and that is the bills. From mortgages, car bills, electricity, water, insurance, gas and others, everything has a particular aspect that we can take advantage of so that we can effectively address them. They also provide the latest news. Apart from the idealistic tips, it is necessary to face the reality that all around the world, everybody is experiencing a lot of financial issues and everybody will have a different way of dealing with them. With the help of the Martins Money website, you can find some relevant information to help you out.

Saving money
You can save money if you know what to spend, if you stick to the budget that you have, and if you know how to put set aside a budget for pleasure and enjoyment. It is also necessary to check all the fees for banks and credit cards. All bills and costs should be properly scheduled and you should know what to expect in advance. If you pay insurance every 3 months or so, then you should know how much you can save within the said time frame. All costs and investments should be examined and checked so that you know the actual cost that you are spending for every month and how you can thinly slice them with the earnings that you get.

Providing important financial lessons
We do not have all control over money and sometimes emergency happens. What we can find on this website is a great deal of links and information. Martins Money can offer amazing tips for better money management.


Financial Tips for Unmarried Couples

As well as young couples, older people tend to have a combination of incentives for establishing housekeeping together. Mutual attraction surely tops the list, but finances are often another driving force and might cause complications sometimes.

However before you consume the leap:

1. Record your arrangement on paper. “Don’t go into it without a written cohabitation agreement, same a ‘pre-nup,’ ” says Daniel Timins, a certified financial planner and estate-planning attorney in White Plains, N.Y. This is even more important, according to him, to protect the interests of your children or other kin.

Best drawn up by a lawyer and notarized, the agreement should spell out financial responsibilities – such as who pays what portion of the household expenses, how assets and debts will be divided if you break-up, and who gets the deductions for mortgage interest and property taxes.

2. Update your wills. An unmarried partner would not automatically inherit the other’s estate, so if you wish that to happen, you must modify will accordingly. You are also able to name your partner as the beneficiary of your retirement funds and life insurance policies. Before you decide to do this, however, make very sure that “your relationship has actually been thoroughly tested,” says Timins.

Do the right financial decisions before moving in together.

3. Keep assets separate. At least in the beginning, do this to keep away from disputes later, says Timins. This is a particular concern for older people, who are going to have more assets than younger singles. Stabilize own checking and savings accounts, credit cards, car payments, memberships, etc.

4. Decide who’ll own. In case you purchase a house together, consider what will be the effects if just one or both of you are on the title. If just one is there, that person is the legal owner of the property. The other, who may have contributed half of the mortgage payments, owns nothing and could get just that at the end of a relationship.

If one of you moves into the other’s home, the person on the title owns the property at the end of the relationship, no importance who pays what portion of the bills.

As for a mortgage, if you take one out jointly, you’ll both be responsible for paying it whether you remain to live together or not. If considered one of you stops, the other will be on the hook for the full amount. Because these matters are complicated and vital, always consult an expert before acting.

5. Purchasing your health care papers in order. If you’re older, health care concerns loom larger. You’ll not have the legal right in order to make medical decisions for a partner who becomes incapacitated. You may even be denied visitation rights at the hospital.

In order to avoid this situation, you can each sign a health medical release to allow the other to see medical information. A health-care proxy will permit you to make health care decisions on the other’s behalf.

6. Think power of attorney. If you’re certain you’ll be together till death do you part, you may wish to sign durable power-of-attorney documents conferring rights to make one another’s financial decisions and to get access to bank accounts if necessary.

Remember that you probably should limit some of your partner’s ability to manage your funds, especially regarding the possible transfer of your funds to his or her accounts.

7. Taking action immediately if things go sour. Finally, advises Timins, “If your predictions for the future don’t work out and you do part company, make haste to change all of the above!”


Financial Tips for Young Adults

Young adults in their 20s and early 30s face bigger challenges than ever before in gaining financial security.

In the UAE young expats have more disposable income than their ‘back home’ counterparts, there are a plethora of tempting pleasure goodies you can waste your money on – eating out, clubbing, fast cars etc.

So before you go wild here are three top financial tips to help you manage your money and plan for your future:

1) Start an emergency fund. The uncertainty of work overseas without safety nets of employment law and redundancy rights could mean that your working life may see a number of job and career changes. Building up an emergency fund (while fully employed) to cover three to six months of living expenses can help you through a difficult or job changing period.

2) Start saving immediately for retirement. Saving for retirement is a responsibility that everyone starting out in the workplace today should take very seriously. It is difficult to predict what kind of pension benefits will still be available 30 – 40 years from now but it is almost certainly going to be less than today and that is not enough for today’s pensioners! While age 65 may seem a long time away, the key is to use the time and the power of compound interest to build your pension pot – you will need about 70% of your last year’s income to have anywhere near decent retirement.

The earlier you begin the less money you will have to put aside each month to reach your savings goal.

3) Use credit cards wisely. Young expats are good targets for Banks credit card departments. It is now virtually impossible to conduct some transactions, such as making airline ticket reservations online, without one, and thus they have become an absolute necessity. They also have the potential to create debt problems. Paying off the full balance each month is the best way to control your use of credit.


Financial Tips For Consumers

Huge debts can be really and frustrating sometimes dangerous especially when the financial conditions are not healthy. Financial reports have shown that those having huge debts have switched to saving mode trying to curb their expenses and repay the bills. This trend might pose a threat to the business and financial structure since the cash flow in the market would be affected a lot.

Those having credits more than threshold limit of $10k should not wait for chances. According to few norms designed by the administration, those customers having more outstanding than the above mentioned amount are liable for credit debt relief and a negotiation with their credit provider. Here are some financial tips for such consumers:

  1. Once you discover your eligibility, you should investigate further to find out other conditions related to the same. There are few other rules that segregate consumers with huge loans from others. So, dig out such rules and make sure that you satisfy all such conditions.
  2. Stop paying credit bills at once and start looking for a reliable relief program. Since you know that you will not be able to keep paying the bills, there is no point in repaying few bills. These payments might reflect in your records and may bring a negative impact on your proposal.
  3. Explore the internet and find out the best performing Settlement Company. There are innumerable companies ready to help you with your problems. You need to analyze and find out the most suitable from them. Keep in mind to refer the past history of these companies and conclude from the customer feedbacks.
  4. It is important to select a program that can organize your move to claim for the negotiation. Find out the suitable program and plan your actions accordingly.
  5. Plan out how you will go along with repaying the amount once it is reduced. You should project your thoughts and convince the bankers on your plans.
  6. Try and contain your expenses keep a track of each penny you spend. Try to block excessive credit cards and maintain a single bank account so that your money flow is well regulated.


Promissory Note Investing Tips

Smart Investors Plan for Success

Steps to Successful Investing–Planning Overview

Success in any activity requires education, training, desire and application. To coordinate these skills requires planning. A financial plan is the road map showing the way to financial independence.

Applying the Steps to Promissory and Mortgage Notes

Focus on one investing area to become comfortable, confident and successful; being a jack-of-all-trades and master of none not the goal. This article focuses on promissory and mortgage note investing.

Step One

Start the process by defining and understanding your present financial situation. Determine what financial assets and capabilities you now have; determine your level of financial literacy; determine the time available to devote to the investing process. In summary, understand where you now are financially, what you plan to accomplish, and how you plan to do it. Put the plan in writing.


“I now am age 30, want to retire at age 65 without any debts; will use promissory and mortgage notes as my investing vehicles; now have $20,000.00 available for investing and hope to add $10,000 annually; will spend ten hours per week learning the note investing business; will work with experienced advisors as I implement my long-term investing plan.

This example covers the person’s current investable funds, current and future employment income, current and future cost of living, health, and family size. All of these are factored into the long-range investment retirement plan.

Force yourself to deal in specifics-specific income dollars, specific time-frames, specific living expense dollars, etc. Do not “wing it” and rush through this exercise.

Step Two

Implementing your promissory and mortgage note investment plan starts after you have laid a solid planning foundation. Assume, as an example, your investments will be made in a Self-Directed IRA Account; assume you want to invest in mortgage notes secured by real estate in your State. Based on these assumptions, let’s now consider the investing planning decisions you should make.

Step Three

Numerous specific decisions are required. After deciding, write the decisions and add them to your investing plan. Decide:

• How much of my investment capital should I invest in any one note?

• What duration mortgage should I invest in?

• How will I find mortgage notes?

• How will I determine the quality of the note?

• Who will administer and service the notes?

• Who will make decisions to handle problems that arise?

Step Four

Get experienced, specialized guidance to answer the questions above, and to do the first few investments. Don’t be a solo pioneer; benefit from professional help.

With good guidance, you will not be required to “reinvent the wheel” all by yourself. Having a seasoned promissory note specialist on your team to help the process along, and will allow these decisions to be handled smoothly. An experienced promissory note investor and advisor can smooth the way.


To be a successful promissory and mortgage note investor good planning is necessary. Tailor the plan to your individual capabilities, needs and goals. Don’t try to “reinvent the wheel”; it has already been invented. Benefit from the mistakes that others have already made, don’t repeat them. You can and should have an expert help you avoid common mistakes.

There’s no “smart money,” only smart people; money goes where they go

Lawrence (Larry) Tepper specializes in the valuation and appraisal of promissory and mortgage notes, and other cash-flow financial instruments nationally. Nation-wide services for banks, trust companies, self-directed IRA accounts, estates, attorneys, CPAs, and individual investors.

Consulting Services-Free Appraisal Price Quotes

Law Degree /Accounting Minor University of Denver
Managing Colorado Real Estate Broker– Promissory Notes Specialization
Certified Commercial Investment Member from the National Assoc. Realtors (CCIM)


Gold Investing Tips

GoldThere has never been a better time to invest in gold and with these gold investing tips, your profits will be much greater. Events are coming together that will propel gold to new heights that will make the gold move of 1979-80 look like peanuts. In order to capitalize on these gold investing tips, it is important to know why gold is going to make this move.

Events are converging that leave gold no where to go but up. After 60 years of government meddling in the free market we have reached the last step in the destruction of the dollar’s value. The current administration’s quantitative easing policy and it’s attempt to take over 18% of U.S. GDP by nationalizing the health care industry, all but guarantees gold going to $1,200 before the end of the year and much higher after that.

Gold investing tips you need to profit

The best gold investing tips are simple ones that are easy to remember and to follow. With both physical gold and gold stocks buying weakness and selling strength is the key. We are in a bull market in gold, so if you buy on weakness, you may not catch the exact bottom, but you are buying at the right time. Another gold investing tip which relates to selling into strength is to not get greedy. Nothing goes straight up, so it is important to set goals for stocks when you buy them. If you set a goal of 25% profit, stick to it, with at least a portion of your shares.

Another important gold investing tip to remember is, there is no profit or loss until you sell. It does you no good to watch your stock rise and then watch it go all the way back down without taking profits. Set your goals and stick with them. If the market is really running put a trailing stop on your position so that it triggers a sale automatically if it drops by the percentage that you have put in. If the stock continues up, the trailing stop follows it up and won’t be triggered unless it drops that set percentage.

As far as gold investing tips for the physical coins or bullion the same rules apply, but right now I would put them on hold. Any coins or bullion that is purchased now should be held for the long haul because the price of gold is going to go much higher in the next couple of years. Gold will increase in price until we get a fiscally responsible government, and not before then. These gold investing tips will help you through the trying times to come.

Don’t make the same mistakes I did Investing in Gold, check out our free guide to gold investing and avoid the pitfalls and increase profits when gold investing.


Investment Tips to Get Started

The following are some great investment tips. Whether you are brand new to investing or need a refresher before you start spending your money, these investment tips can get you started on the right path towards greater wealth.

Invest in what you Know

When you hear investment tips, you will often be told to invest in one you know. This is because it is a very smart rule to follow. This means you should never put your money into anything unless you fully understand what you are doing and you know all about what it is.

For example, if a friend tells you about this great company that is selling stock and all you know is that the company sells something in technology, don’t buy. At least, don’t buy it until you’ve spent many hours understanding the business and understanding what they do. If you still can’t figure it out, stay away.

Invest Frequently

Frequent investing is a great way to take advantage of dollar cost averaging. If you buy stock all at once only one time per year, you are sacrificing a lot that you would get by investing once per month or more frequently.

First, if you are saving up money and leaving it in a bank account, you are giving up all the gains you could be getting in that year. Second, by investing equal amounts more frequently, you get more shares at a low price and fewer at a high price. The main idea is to get the lowest purchase price possible, and this will help you out a lot.

Invest More

The more money you invest, the more money you will make. This is a simple investment tip that could make a million dollar difference. If you invest $10 a month, you’ll have a lot more money in 30 years, or you can invest more per month and have a lot more money in much less time.

Try to sacrifice things that you don’t care much about now instead of sacrificing your time. In the years to come, you will be very glad you did. Start by increasing your contributions by 10% and see where it goes from there.

Monitor your Investments

Never buy shares of stock in a company and forget about it for 5 years. The same goes for other securities. Don’t check the prices every 10 minutes, but you will need to find a comfortable medium.

Also, monitoring your investments doesn’t just mean watching the prices now and then. You have to continue to research on a regular basis and watch the company itself. Take this step and save yourself a lot of pain and money.

Practice Investing for Free

Great investment tips must include the benefit of practice. Getting your hands wet in the markets is a must if you want to learn and do better and better. If you aren’t ready to start investing real money or you want extra practice with taking risks, start with a free stock market game. You can sign up below.

If you want to be a successful investor, you need to have the right knowledge and experience. Do you want to practice and learn more about investing in stocks for free? You can sign up for a stock investing game [] and also have the chance to win free cash prizes and gift cards. Get the knowledge and experience you need for free.


Easy Investing Tips

Do you want to make more money without having to get another job? You can do that by investing the money you already have. Just by putting a little extra money aside on a regular basis, you can make your money grow on its own. Here are a few investing tips to get you started on your way to wealth.

Find an Investment Type you Feel Most Comfortable with

It’s important to invest in something you understand and can do well with. Don’t simply go just for whatever people seem to be making the most money with. I’m not saying to forget about the money because this whole thing has to do with making money, just don’t follow whatever should make you money. Do what will make you money.

In order to do this, you will have to learn and go through some trial and error. It’s all about the process. Following investing tips is not enough, you need to start doing. When you notice something is working, run with it.

The More Money you Invest, the Better

Of all the investing tips, this is the most self-explanatory. The more money you invest, the more money you will make. If you invest $100 and earn a 5% return, you will earn $5. If you invest $1,000 with a 5% return, you will get $50, and so on. Invest this regularly and your riches will build up faster and faster. It is one of the best things about investing.


No matter what type of security you buy, diversify. You can diversify across securities, within one security such as stocks, or however you feel necessary. Learn how to correctly diversify. Just buying stock in 10 different companies isn’t enough. Diversifying across industries is more important.

Be a Proactive Investor

Even if you choose to invest in mutual funds and have little to do with choosing the individual securities, you should still know about your investments. Check them out from time to time and do your research. Make sure you fully understand the types of investments you have and how they work. This will help you as you build your wealth.

Never Give Up

I know this may sound like something you would hear from a life coach or an overzealous friend, but it’s true in many areas of your life. It’s fine if you have to give up on a corporation and sell or give up in real estate because it’s not a good fit for you, just don’t give up on investing as a whole. Find something that suits you better and keep investing. Hopefully these investing tips will help you get started.

If you want to be a successful investor, you need to have the right knowledge and experience. Do you want to practice and learn more about investing in stocks for free? You can sign up for a stock investing game [] and also have the chance to win free cash prizes and gift cards. Get the knowledge and experience you need for free.


Best Stock Market Investment Tips

If you want to invest your hard earned funds as well as create returns in stock market. Here’s few best stock market investment tips which you have to consider before investing.

To begin with the stock market is simply the instrument for getting your monetary targets. You will invest your dollars to increase for a few upcoming expenses like your kid’s college, your dream home, or just to your retirement.

Best Stock Market Investment Tips

Although ahead of investing in market you should need the basic knowledge of how market investment runs & stick to the very best stock market investment tips to become an effective investor. Investing in a market suggests basically purchasing the ownership interest in a firm. If the company performs well, value of shares hold by you also increases & your profits would rise. In case this company performs poorly the worth of shares is more likely to go down.

Whenever you purchase the share, you are simply buying a little piece of firm. You become a joint-owner of the firm with all other shareholders. This enables you to attend shareholder meetings & be involved in the certain decisions & you may vote on the company matters & be heard.

Lots of people generally do not want to be investor just to attend shareholder meetings and be involved in certain decisions. People make investments since they need their cash to grow on their behalf and multiply. The market offers several methods to invest your cash and make benefits.

When it comes to investment, you may invest your cash in market via the mutual fund, by yourself, or through the help of the stockbroker. But Mutual Funds rarely beat the stock market due to rules added to them. The only one you may count on is you, thus study the best stock market investment tips to be a profitable investor.

The market gives many benchmarks however the 3 hottest indexes are the Dow, the NASDAQ, as well as the S&P 500. The prices of those indexes were dependent upon the stocks they track. As an example, the S&P 500 tracks 500 stocks. If these 500 stocks increase on the average, the S&P 500 index climbs. Set your market investment goal to hit the market. Your investment profit needs to be greater than the benefit of major indexes.

Every investment has risk, the more risk you are taking, and the more returns you make. Just as one investor you purpose need to be to at first determines the risk you could be ready to take and invest your money accordingly. To illustrate, a penny stock is more risky than a huge company such as Microsoft or Wal-Mart. On the other hand, a penny stock can easily increase 100%, 200%, 300% or more. Although big firm stocks such as Microsoft or else Wal-mart can be much riskier if you choose you invest your money in it.

The above are only some Best Stock Market Investment Tips. To understand more regarding the market and make profits in stock market, subscribe to the Free Stock Market Newsletter, the Weekly Wealth Letter.

Weekly Wealth Letter is a free e-mail newsletter packed with money-making investment ideas will be delivered to your inbox every Tuesday morning. Weekly Wealth Letter is loaded with unique insights, best stock market investment Tips & powerful resources for wealth building through smart investing.


The No 1 Investment Tip

Get rich fast. 350% profit in just one month! 25 and already a millionaire investor. This share will at least TRIPLE over the next year.

Sounds really good? Yea, and they’re probably too good to be true.

You are probably reading this because you are interested in the next big investment tip. You want to invest your money but promises of fast returns often derail you to click onto articles like this.

So here’s my No.1 investment tip: Don’t follow tips.

Don’t Follow Tips

It’s always very tempting to listen to what you friends are saying and then follow suit. You see, if they are right about the next hot investment, both of you can reap the rewards and celebrate together. And if they’re wrong? Well all sorts of thoughts come into mind. Oh man I listened to the wrong person. Maybe I should have followed Alex’s advice instead. He seems better at investing.

All except maybe I should have done my own due diligence in my investment decisions. Doing due diligence does not equate to spending hours listening to the tip-giver and trying to get yourself convinced that this investment shall be the next big thing.

Carrying Out Your Own Due Diligence

It refers to taking a step back from all the noise and starting to understand what you may be going into. There are definitely many pros in buying a certain share, but do consider the downsides. What if the deal did not go through? Is this industry really thriving? Having a balanced view of the potential investment is crucial.

How Much Can You Put Into Investments?

Next, understand your current financial position. In my view, investments should always be made with the excess funds one have, not with the money you need on a routine basis like rent, meals and transport etc.

Assuming you have $2000 in extra cash, is it enough to make the investment? Share prices may be above $2 whereby $2000 is not enough to purchase 1 lot (1000 shares) of the shares which is normally the smallest quantity. Next, have a plan to execute your investment.

Have a Plan and Follow it

An investment plan should be simple and customised to your own needs. To develop a plan, first consider the following points:

1) How much spare money do I have for investment? Will I need it any time soon?

2) Am I comfortable to put this money into investments, knowing that there is a possibility of me losing everything?

3) I’m not a daring person, so $____(your own funds) is the maximum I’m willing to lose.

Knowing how much you are willing to risk is critical because many just jump into investing without knowing their psychological limits. Once they make a loss, they just decide to hold on to the shares till it comes back to the original price and then sell them away, relieved that they did not make a loss.

This action is dangerous because share prices may not rebound back to the previous levels or worst still continue to tumble. As losses become bigger, you may feel helpless and regretful. Even if prices rebound and you manage to sell it at previous levels, you have just wasted your effort and time to monitor this ‘investment’.

By knowing the maximum you are willing to risk, you can learn to cut your losses when you are wrong in investments.

Example of an Investment Plan

For example, you may have done your due diligence and decided that Singtel is a good stock to own. As of my writing now, Singtel’s share price is currently $3.86. You have $4000 spare for investment.

You feel that your tolerance for risk is high and you are willing to risk a maximum of 25% of your money, which equates to $1000. You’re looking for dividend returns from Singtel and you are willing to sell Singtel at a profit if the share price reached $5.

With the $4000, you buy 1 lot of Singtel shares:

1000 shares (1 lot) X $3.86 = $3860
Total Investment Amount = $3960 + $30 (estimated commission charges) = $3990

If the share price falls to $3.00, do not panic. You have already established that your maximum allowable loss is $1000, which means you will only sell if the price falls to approximately $2.86. Sometimes, others are unable to take the emotional stress and thus sell the shares prematurely at a loss. Therefore, you need to set your own price level guides for buying and selling.

Similarly, if the share price rises to $4.50, do not be rash and sell it away because of a little greed. Remember your plan and stick to it. Of course there will be so many other possibilities apart from your own decision. The price may fall back to $3.86, which will mean you could have locked in a profit earlier. The price could shoot up all the way to $5.00 and hit your target, of which you should sell according to your plan and congratulate yourself for being disciplined.

Cut Your Losses and Let Your Winners Run

The point here is that you will not know how to the price levels will be going to move. Markets can take you by surprise (positively or negatively) so it’s wise to follow the advice of cutting your losses and letting your winners run.

If you think you need some help in being disciplined with your own plan, I strongly suggest you learning about the Trailing Stop Loss. It’s my best tool for managing my losses and allowing my profits to go as high as they can. I’ll write more about it in another post but do read about it first if you can.