Take Charge of Your Finances with These Tips

Are you struggling to gain control of your personal finances? Well, all hope is not lost, no matter how much debt you have to contend with or how much you love to shop. Check out the money-saving tips below so that you can finally take charge of your finances and feel more financially secure.

Shop Smarter

You do not need to buy every designer item that hits the market or the latest tech gadget. After all, those items add up and there are always new offerings at every turn, so why spend all of that money on something that will be obsolete in no time? Instead, shop smarter by checking various websites for deals. And there is no shame in purchasing a gadget that is a little bit older than the latest model or buying an item that has been used by someone else. In fact, with resources like Zoom the List, you could more easily search through Craigslist to find what you need at a great price.

Limit the Number of Credit Cards in Your Wallet

In addition to shopping smarter, it is also wise to limit the number of credit cards that you use on a regular basis. Sure, a store card here and there could help you land some great deals on things like clothing and accessories, but if you have a lot of credit card debt and that debt is accruing interest every month because you can’t pay it off, you will be in trouble for a long time. So, choose one card that has a decent credit limit, a low-interest rate and low fees, and great rewards. Cash back rewards are particularly beneficial because it’s like getting a little discount on every purchase, as you could redeem your points for cash when you pay your bill.

Learn About Personal Finance

Finance, like all other things in life, is something that could be difficult to understand at first. But the more that you read about it, and the more that you hear experts talking about it, the easier it will be to not only understand your finances but also manage them better. So spend a little bit of time every week searching for helpful books, articles, and presentations on the topic of personal finance. The more you know, the better equipped you will be to take charge of your own financial future.

Reduce Your Spending for One Month

Finally, consider cutting your spending and boosting your savings for just one month. In 30 days, you could make a big difference in your finances by making small changes to your lifestyle. So cut out things that you don’t really need, like eating at restaurants or purchasing coffee at Starbucks. Little changes will quickly add up and you could end up putting more money aside. Then you could continue implementing those habits to continue saving money in the future.

With the tips above, you could take charge of your finances over time, getting yourself out of debt and having a more solid financial base for your future.




Understanding the Benefits of Blogging About Trading

Between the different investment opportunities and the hype behind cryptocurrencies, a lot of people are getting into trading more seriously these days. There are more tools to help beginners start their journeys into the world of online trading too.

As a more experienced trader, sharing your experiences about trading and the hustle and bustle of it is something worth considering. There are a lot of benefits to be gained from blogging about trading and we are going to discuss some of them in this article.

A Chance to Grow

You don’t have to be an expert about trading to start blogging about your trades; as a matter of fact, you shouldn’t. Blogging about trading isn’t always about being right all the time or knowing everything there is to know about trading.

Your focus is sharing your personal experience; “personal” being the primary keyword here. People what to know about your personalized journey and how you make your trades. That level of personal experience is what gets readers interested in the first place.

As you share more, you gain more opportunities to learn and grow. You’ll start seeing more experienced traders chiming in and giving their inputs. You will also have more insights and the points of view of your readers in the process.

It’s Easy to Get Started

There is actually no reason why you shouldn’t document your trading experience today. Starting a new blog is easier than ever. You can establish a new domain name and hosting account, and then have the blog established in a matter of minutes.

Thanks to resource centers such as Hosting Kingdom, you have the ability to find a suitable hosting service that doesn’t break your bank. You can get the site up and have all the features you need to run a professional blog.

The rest is easy from there. You can start writing short posts about your trades, the tips and tricks you gathered from experience, and tidbits about trading that you think other readers will find useful. You’ll amass a lot of avid readers before you know it.

Good Personal Branding

There is another big advantage you get from blogging about your trading experience, and that is the opportunity to develop your own online branding. Creating and maintaining a strong online presence is very important these days, both as a professional trader or an expert in this field.

That strong online presence will lead to a lot of other opportunities. You can grow strong social media followers and start getting paid to post advertisements. You also have the option to monetize the blog and start earning ad revenue from various sources.

The revenues you generate from the blog are useful for expanding your trading and taking it to the next level. You may even have the chance to increase your trading margin and have the ability to try new strategies or explore new investment opportunities in return.

So, what are you waiting for? Start blogging about your trading and develop a stronger online presence in the industry today. The benefits are too good to miss if you are serious about becoming a serious trader.

Financial planning for professional athletes

The average career in professional sports lasts five years. It takes many years of hard work, sacrifice, determination, perseverance and a touch of timing and luck to land a contract with a professional sports team, and the glory lasts for a relatively short time in the grand scheme of things. There is a lot of money to be made in a very short period of time with a pro sports team, but very few athletes prepare financially for life after they are off the field or court for good. Here are some ways to set up and protect precious assets after retiring and transition back to the regular world.

Accustomed to being in the limelight, some pro athletes find jobs that keep them closely linked to their former sports teams. They may take jobs in sports marketing and management, broadcast journalism, or sports reporting or commentating. Others go on to have successful careers as actors, comedians or singers. The vast majority of former professional athletes step out of the limelight and fall back on the degrees that they may have obtained in college. A small percentage of former athletes go back to school for something entirely new, start an entrepreneurial business venture or fully retire to spend time with family and friends.

Whether they choose to live off of the accumulated earnings from their career as a professional athlete or change jobs and continue to earn money each year, it is vital to enlist the help of a financial advisor to assist in managing the assets and investments for long-term growth. Professional athletes typically have a considerable amount of money that needs to be managed, and that wealth needs to be placed in the hands of a trusted and respected financial advisor. Some choose to utilize the same financial planners that their former teammates hire. Others prefer to take charge of their financial portfolio, do their research and enlist the help of a professional advisor who welcomes a hands-on approach to wealth management. Fortis Lux,, is an example of a firm specializing in the financial planning for professional athletes and other high-profile, top-earning professionals in various other career fields.

Wealth management is arguably the most important way to secure the assets and financial future of a professional athlete after retirement. A trusted advisor in financial planning will create a portfolio that reflects the specific long-term goals of the athlete.

How To Start Your Own Finance Blog

If you are a financial expert or just someone who enjoys finding ways to save money and get more out of your budget and has some useful tips to share, then starting your own finance blog can be a great idea.

As well as having fun coming up with interesting things to cover and writing your own interesting take on finance, your blog can also be a way to engage with other people who are interested in the same area of finance as you, build up your reputation as an authority on financial matters (if you’re a professional in the industry), and even make some extra money. Plus, owning and running a successful blog can be a great addition to your resume, and may even help find you financial writing work if you are interested in doing this.

So How Do You Get Started?

The first thing to do is make some decisions about what niche you want to cover, and what your blog will be like. Here are some questions to ask yourself to help define the type of blog you want:

  • Do you want mostly text articles, or are you interested in making video posts as well?
  • Do you want everything to be in your own voice to showcase your writing skills, or do you want to use good guest articles from other writers to give you more content?
  • What is a good name for your blog and how can you create a brand using your blog name and site appearance?
  • What categories will you cover? All things financial, or limited to one niche such as thrifty tips, investing, or financial products?

Once you have a concept in terms of the type and tone of your blog, you can start building it!

Setting Up a Blog

These days, you don’t need any coding or web design experience to set up a professional looking blog, and you can do all of your customization and content addition through a comfortable web interface.

The easiest one to learn to use is WordPress, as it is hugely popular and there are lots of great resources to help you, and also an abundance of themes to choose from to base your site’s look and feel on. Check out this one, Man Sar, for an idea of what a theme is and how you can customize one to suit your chosen branding.


Making Your Blog Live

Once you have designed your blog and added some articles or other content to it, it is time to publish it, so people can see it! Most people who want a professional looking site, buy a web hosting package and a domain rather than publishing for free on a WordPress URL, which is restrictive. You can buy hosting on the cloud very cheaply, and domains are also inexpensive unless you want a domain name that there is a lot of competition for. Remember that you will normally have to renew your domain annually.

So, there you have it – setting up your own finance blog is cheap and easy, and can lead to some great things!


Financial Apps That Simplify Your Life

If you’re a tech junkie who always needs the latest handset, there’s no question you’re spending a lot of money on your smartphone. The price tag attached to the newest iPhones and Androids can throw your finances in a tailspin.You may have spent $1,319 on the new iPhone X, or maybe it was just $1,299 for the Galaxy Note 8, but it wasn’t exactly a lost investment, destined to depreciate the longer you swipe through your apps. With the most innovative mobile tech in your hands, you have a device that can help you save money. All you need is the right app.

Mylo: an app that invests your spare change

Mylo is an app that makes investing as painless as possible — so much so, you probably won’t even notice how much you’re putting away until you’ve got a little fortune to your name. It surreptitiously skims off expenses by rounding up your purchases to the nearest dollar. It invests the difference into a low-risk portfolio where it can grow until you withdraw it.

It’s one of the easiest apps to bring into your life because you just have to give it permission to pair with your debit and credit cards, then it does all of the hard work. It tracks each purchase you make with these accounts and “charges” you the investment. That means, when you tap $4.95 on your debit for a Grande pumpkin spice latte from Starbucks, Mylo will actually charge you $5 and invest the $0.05. Though five cents mean next to nothing on its own, Mylo has the potential to invest a lot of money if you use your cards regularly.

It also has the potential to throw your finances for a loop if you aren’t sure it can handle Mylo skimming off the top. That’s where the next app comes in handy.

Mint: an app that helps you create a budget

Mint, like Mylo above, needs permission to link itself to your financial accounts, but it needs to pair with more than just your debit and credit cards. This award-winning money management app needs to see all your financial details. That includes auto loans, mortgages, student loans, payday loans, and any other debts you have, alongside your various bank accounts and investments. It aggregates this data into one spot in its app, so you can see your total net worth and where you owe the most.

It also needs to know the kind of bills you typically encounter each month. It can sometimes successfully guess that your $1,200 withdrawal on the first of each month is for rent, but sometimes you’ll have to manually identify other regular expenses. Once you have everything set up, it can notify you any time you overspend in a category.

Mylo and Mint are just the start of money management apps available to you. They won’t all start with ‘m’s, of course. Financial help won’t always come in the form of an app, either. You can use your droid or iPhone to look up budgeting tips, saving techniques, the easiest way to borrow money, and effective ways to boost your income. The financial world is at your fingertips, and the best advice could be only a swipe away.

So the next time you feel guilty about your handset’s expensive price tag, think of it another way. With the right app and the right tab open in your browser, you can find a way to recoup the cost of your fancy handset and maybe even put some loonies away while you do it.

Three of the Most Important Changes to be Expected in the Future of the Accounting Profession

It has been estimated that the accounting profession will go through three major changes in the next thirty years or so. These will not only affect professional accounting firms and their members, but also educational institutions that train accountants and their present curriculums. The changes are expected to prove quite challenging for the industry as a whole and could very well change what a masters of accounting degree means at the moment. This is why it’s important that we take a close look at these upcoming changes, to prepare accordingly.

Technological Evolution in the Field of Accounting

Revolutionary accounting technology will make it mandatory for accountants to be able to use various technological resources and software efficiently, to complete work with greater accuracy and in less time. To be able to work without being fluent in using complicated, smart tech will no longer be an option. Smart software resources like cloud computing are expected to bring in a lot of changes, some of which are mentioned below.

  • Overseas outsourcing will increase
  • Improvement of collaboration and engagement, alongside disclosure with shareholders and stakeholders
  • Interpretation and utilization of Big Data will become a part of the job

Extensive Globalization

As a double-edged sword, globalization will likely have both positive and negative effects on the accounting business. On one hand, the opportunities will increase for accountants globally because money will begin moving more freely as an automatic result of globalization, but on the other, this might also mean a marked increase in jobs being outsourced to other countries with weaker economies. It remains to be seen whether one manages to outbalance the other.

Stricter Regulations

This one will probably have the most profound impact on the accounting profession in the future, but it is hard to tell how exactly the changed rules and regulations will affect the job of the present and future accountants without knowing the exact parameters. The newer and stricter regulations will be placed to snuff out financial crimes that have become too frequent in the US, such as tax evasion, tax fraud, and money laundering. Intergovernmental tax action might prove quite effective in limiting profit-shifting and base erosion, but there is no doubt that it will affect quite a huge number of accounting firms and individuals.

As can be seen, the focus on CPA and integration of new technology classes in the education programs is precisely what budding accountants need to flourish in this changing world, and that’s exactly what the online accounting masters degree course from Maryville University is offering. The change that’s coming is going to be big, but there is no need to be afraid of it because it’s neither destructive nor will it be rapid. It’s just that there will be an intermittent period before everything settles down again. The job of the accountant will never perish, but it most surely will evolve a lot in the next three decades.

How to Start your Own Accounting Firm

While working for as an accountant can be a great career choice, opening an accounting firm has many advantages that shouldn’t be overlooked. Doing so lets you determine where to locate your business when to work, and what services to offer your clients. Since you are the one doing the hiring, you are also in charge of who you work with and who works for you. But, to enjoy the perks of owning your own accounting firm, you must do the following five things.

1. Go to School

Without the right academic qualifications, your dream of starting your own accounting firm will remain just a dream. To make it a reality, enroll in an accredited university, such as Ohio University, and graduate with an online accounting degree.

If you already have a degree, it never hurts to enroll for an online masters in accounting degree. The extra qualifications increase not only your accounting skills but also your chances of success in business.

2. Create a Business Plan

Just as you cannot start an accounting firm without an accounting degree, you cannot run a business without a business plan. You can try, but you will most likely fail, not succeed. A business plan clearly defines your target market, the services you intend to offer, expected revenues, and expected expenses. In short, it puts your mission statement into perspective.

3. Create a Marketing Plan

Remember that after you launch your business, you must market your services. So, a solid marketing strategy should be included in the business plan. For instance, you might have to create a website that contains a list of your services, testimonials, and contacts.

Also, opening a social media account might become necessary. What about word-of-mouth advertising, signage, or listings in the yellow papers among others? What about branding? The name you choose for your business should tell the world what your business is about.

4. Document Your Company’s Policies

Like most small business owners, you might start your business with only an employee or two in a garage or small office. As your business expands, you will be forced to hire more employees. If you do so without first documenting your company’s policies, your employees will not know what you expect of them.

As a result, they might not share your vision nor treat clients and each other as would like them to. You will end up with frustrated clients and never-ending office conflict. To prevent this from happening, create an employee manual that details your company’s mission statement and vision. Then, ensure that new employees read, understand, and sign-off that they have read and understood this manual.

5. Select a Legal Entity and Business Insurance

After you complete the four steps listed above, select a legal structure for your business. For a small business practice, operate as an LLC (Limited Liability Company), which protects you from liability claims.

Without registering as a legal entity, you will struggle to operate your business, open a bank account, or execute contracts. Worse still, you will not get business insurance, including worker’s compensation, auto, liability, and malpractice insurance among others.


To start your own accounting firm, first, go to accounting school to get the right academic qualifications. Next, create a business that details both your long-term and short-term goals. Also, create a marketing plan.

In addition, document your company’s policies to improve service delivery and reduce interoffice conflict. Finally, choose the legal entity that you want your company to operate as. Only then can you get business insurance.




How To Start In A Career In Business

A career in business is desirable to many because of the good pay, prestige, variety of job opportunities, and the prospects to progress quickly within a company. Breaking into a new career path can seem very daunting, especially if you have already been working in a different sector for quite some time. Don’t worry, however, as building a career in business doesn’t have to be scary or stressful. Read on to discover the first steps you should be considering before getting your first job in business.

Figure Out Why You Want To Start A Career In Business

This is an important question for many reasons. If you know what you want and, more importantly, why you want it, you are going to seem much more desirable to employers, who will be looking for people with drive and dedication. Not only that but taking the time to really question why you are choosing a career in business can help you to decide what type of job you want. There are lots of different jobs you could get that are related to business, management and finance being the two of the most popular, and you will need to be certain in your choice in order to create a resume that caters to a specific job.

Start Learning

The best thing you can do to make yourself more employable and better prepared for breaking into a new industry is to start learning, even just by taking a few courses online. However, if you are really serious about starting a career in business, then it’s best to look into getting an MBA. For many people, this can seem daunting and near impossible, especially for those of us with families and jobs to keep up with. However, there are amazing online programs offering a masters in business administration program, such as the online MBA offered by Washington State University.

Why Do An MBA?

Completing an MBA will give you numerous advantages when trying to enter into the world of business. Not only will you be better prepared and more knowledgeable about the kind of work you will be expected to do, but having an MBA will give you a definite edge over other candidates and allow you to apply for better jobs with higher pay. Completing an online MBA means you can still get on with everyday life, while also have the satisfaction of knowing that you are achieving more.

Emphasize Your Relevant Experience

Finally, it is important that when you are ready to start applying for jobs that you carefully curate your resume. Gaining some work experience and extra academic qualifications will help to boost your resume, but make sure to try to stick to achievements that showcase qualities and skills you have that are relevant to the job you are applying for, especially if you are moving from a career in an entirely different field.

Starting a business career can be very exciting, but do keep the above advice in mind.

Examining the Impact of Crypto Currencies on Accounting

Cryptocurrencies have been likened to asset bubbles and technology as revolutionary and long lasting as the internet. The reality is somewhere in between. Let’s examine the impact of cryptocurrencies on accounting. We’ll address real world applications of cryptocurrencies and their underlying technologies, not the theoretical applications that may be years away, and how they are affecting the accounting profession.

Asset Management

Bitcoin remains the biggest cryptocurrency, though it has spawned literally dozens of competitors. The truly revolutionary technology is the open and yet anonymous, ultra-secure asset tracking algorithm behind it – Blockchain.

Blockchain is starting to be used to track the ownership of assets from stocks to real estate. It is readily verifiable, which is why several nations are starting to use it to verify educational records for students from kindergarten to college.

As adoption of Blockchain for asset tracking expands, asset management will be dramatically simplified. No more will cities bulldoze houses they sold months before to someone else, well, maybe if they don’t check the records, but no more will they lack clear records on who owns the property. The mortgage backed securities that fell apart because no one could prove who owned the house after the mortgage had been divided between lenders and re-sold in tranches to institutions now would be tightly linked to the underlying asset. And reporting is simply a matter of pulling a report that can tell you the status of everything the company owns that very minute.

Payment Methods

Cryptocurrency has a bad rap because of its dark web ties. But, despite the reluctance to adopt Bitcoin, many do so for the advantages. Making payment fraud nearly impossible and eliminating credit card processing fees are two of the biggest reasons. Eliminating the need to implement multiple layers of IT security to protect payment information from thieves because Bitcoin keeps people’s personal information private is another. This means that those earning a masters in accounting will need to know how to process payments in Bitcoin and convert it to the local currency whenever necessary.


One potential problem for accountants is the fact that Bitcoin transactions protect anonymity of users. This does leave open the door to someone receiving payments that they don’t pay income taxes on until they convert Bitcoin into their local currency. However, tax accountants simply need to remind clients of their obligation to report all income, including payments they receive via Bitcoin. The general consensus you’ll learn in an online masters in accounting program is that you have to pay capital gains taxes on the difference between what you bought it for and what you sold it for.

Conversely, for charities and political organizations receiving payments via Bitcoin, the transparency and reporting tools make it far easier for everyone to see what they receive and how they spend the money. Accounting in these cases is dramatically simplified as long as the accountant understands the reporting tools.

We can expect cryptocurrencies to have a profound effect on accounting. Accountants of the future will need to understand cryptocurrencies and blockchain technology if they want to perform their functions.

How to Save on Holidays

For most of us holidays are a great expense. Even with the right deals at the right time, we still usually end up spending a hefty amount of money on traveling. After all, travelling is one of the most expensive of hobbies out there, but there are some tips and tricks that can make it easier on our pocket. Here they are:

1. Whenever possible, choose winter holidays over summer travels, I know that it might be easier said than done, but I rarely regret traveling to South Europe in winter. Doing so always allows me to escape the gloomy weather that is sometimes too chilly to be able to enjoy anything outdoors in the country. This is definitely not the case in countries such as Spain or Malta. You can enjoy so much even in December or January, and the prices are lower too.
2. It definitely pays to plan in advance. if you are in need of airport parking, planning ahead will allow you to save money and make sure that you have a place booked when you need it. Look at to find the options to suit your needs and remember that bus transfers are not the only way to get to the airport. If you absolutely hate buses and dragging your suitcases to a bus stop, you will definitely enjoy being able to get there in your own car on your own terms.
3. Lastly, you cannot underestimate the power of good holiday deals. Keep your eyes peeled, and you are more likely to be able to find something that will allow you to save money on travel. There is usually a huge difference between getting a good deal or not getting one. Very often, cheap flights might be available on some days, which for some reason are not that popular. It is for them that you should keep looking. Only because it’s now December doesn’t have to mean that you cannot find good deals. On the contrary, there are many great deals top be found, you just need to keep looking for them.