Budgeting 2022 Top Tips from Moshe Weisblum

In an era where almost everything is done online, it’s tempting to leave your money management to technology. And while apps and online banking have certainly made money management easier, they can’t fully take the place of thoughtful and purposeful budgeting, says business consultant Moshe Weisblum.

The best way to manage your finances is by finding a budget that fits your lifestyle. But how do you create a budget?

Money management isn’t as hard as it seems. We’ve gathered our top three best practices for budgeting in 2022. From creating a realistic plan, to studying your spending habits, these tips will help take the guesswork out of financial planning and give you peace of mind no matter what the economy does.

Create a Realistic Plan 

The first step to creating a budget is to create a realistic plan, says Moshe Weisblum. This should include your monthly expenses, your savings goals, and any unexpected expenses or income that you might have coming up. Your plan should be built around your income but should also account for emergencies and unforeseen events like an increase in rent or medical bills.

Spend Less Than You Make Advises Moshe Weisblum

One of the most important budgeting tips is to spend less than you make, advises Moshe Weisblum. This seems like a simple idea, but many people fall victim to lifestyle inflation and overspending.

Lifestyle inflation is when your spending habits increase to an unsustainable level. This happens when we suddenly get a raise or we start earning more money due to our hard work. The problem with this is that we aren’t just making more money; we’re also starting to change our lifestyle to accommodate for the increase in income. And this can result in spending the same percentage of your income as before, if not more!

The best way to combat lifestyle inflation is by creating a budget that reflects your current income and savings–not what you hope it will be someday down the road. It’s better to have a more limited budget with realistic expectations than a high-end budget with an unrealistic outlook on your future finances.

Study Your Spending Habits

Budgets aren’t one-size-fits-all, says Moshe Weisblum. You have to find a budgeting style that works for your lifestyle and savings goals. And remember, the best budget isn’t the most detailed or complicated one–it’s the budget you can actually stick to!

One of the best ways to create a budget is by tracking your spending habits. How much money do you spend on food? What about clothes? Housing? Take note of how much you spend on each category for a full month. Multiply that by twelve and you have your annual budget. 

This will give you a basic idea of how much money you have coming in, how much you need to live, and how much of it you’re spending extraneously. You may find that some things are costing more than they should, which can help you cut back on needless expenses. 

Even though it can feel tedious, taking the time to track your expenses will allow you to plan accordingly for the future. And once you see your trends, it may only take a few minutes once a week or so to stay on track. Understanding where your money goes will help ensure that you’re sending it in the right direction for your financial and savings goals!

Darcy Bergen Discusses Risk Management and Insurance Planning

Financial Advisor Darcy Bergen of the Bergen Financial Group recently discussed the importance of risk management and insurance planning in preparing for retirement.

A financial advisor assists clients in developing a strategy to build their wealth over the long term while decreasing financial risk. They are experts at providing a “game plan” to help clients reach their financial goals. Financial advisors can help with debt management, budgeting, health, and long-term care planning, retirement and inheritance planning, tax and investment planning as well as risk management and insurance planning. Darcy Bergen CRFA is the managing partner and founder of Bergen Financial Group bergenfinancialgroup.com and has over thirty years of experience in the financial services industry.

Darcy Bergen DarcyBergenLinkedIn is both a Licensed Fiduciary (a fiduciary is an individual that is certified to handle another individual’s financial and personal matters on behalf of that individual’s goals and not by commissions) and a Certified Retirement Financial Advisor (CRFA).

Darcy Bergen who grew up in Canada and moved to Phoenix in the summer of 2000 now operates Bergen Financial Group which has a staff of six and includes eight financial advisors. Darcy has just completed four years as the co-host with his wife Heather of a radio program about safe money and keeping income safe.

Darcy Bergen recently explained that especially in the current health and economic environment it is extremely important to recognize that one’s life can drastically change overnight. This is why Darcy emphasizes the importance of having adequate insurance coverage as well as the best type of asset protection game plans in case of unforeseen disasters such as sudden or premature death, accidents, lawsuits, or major natural disasters such as earthquakes or hurricanes.

Darcy Bergen said that people who are affluent have special insurance needs as they may need to insure such luxury items as large estates, large boats and planes, fine art, jewelry, employees in the home, and even insurance against the risk of extortion.  Oftentimes, the most competitive pricing and terms to accommodate the needs of a wealthy client may involve coordinating different types of insurance coverage with a number of different insurance brokers.

Financial advisors should have strong ties to many professionals in the insurance industry ensuring the most competitive pricing and terms while being sure to shield their client’s assets from all potential risks. They should make sure all personal and business insurance policies are coordinated with any work-related policies to ensure there are no gaps or redundancy in insurance coverage.

In addition, Darcy notes that financial advisors should coordinate all insurance policies with the estate plan that is in place and will also evaluate the titles of any assets to make sure that clients are protected in the event of a potential legal suit or claim. In addition, they will help to inform all involved family members of how these safeguards are structured to the benefit of the entire family money management. 

Darcy Bergen explains that asset protection often is a matter of forming trusts to shield assets from potential creditors. In addition, limited liability corporations can be formed and certain assets can be placed with a spouse to avoid potential judgments. He also says that there are specialized insurance policies that can become effective when a judgment is in excess of the insurance policy limits. In addition, Darcy goes on to say that a good financial advisor will ensure that whatever happens your family will be protected.  

Investment advisory and financial planning services offered through Simplicity Wealth, LLC, a Registered Investment Advisor. Sub-advisory services are provided by Advisory Alpha, LLC, a Registered Investment Advisor. Insurance, Consulting and Education services offered through Bergen Financial Group. Bergen Financial Group is a separate and unaffiliated entity from Simplicity Wealth and Advisory Alpha.

Functions of a money lender.

Money lenders have basically one function and that is lending money. By lending money they make money. How? By charging interest on the lended principal amount. Who can borrow from money lenders? Anyone can borrow money from money lenders. Borrowing money or taking loans have two basic approaches.

The first is to approach a bank. Banks will only lend you money if they think you will be able to pay them back in time. They lend you money based on your credit score and history, and decide your eligibility based on other important factors such as your occupation and property.

The second approach is to borrow money from a money lender such as money lender toa payoh. They also take your credit score and history into account. Their interest charges are higher and it is less difficult to borrow money from them.

Here are some functions of a money lender in a society.

They lend money

Simple as water. Money lenders lend money. They make money by charging interest on the lended money. The concept of a money lender is not new. Money lending is a very old practice. Even if you borrow money from a friend, it is also called money lending. The only difference is that the friend won’t charge you interest. On the other hand, the money lender will charge interest on the borrowed money.

They charge interest

Money lenders lend money so that they can charge interest. Interest is the profit that they make for lending the money. It is a simple concept. For purchasing something, you exchange money for that item. For purchasing money, you exchange interest plus the amount you borrowed. So, interest is what you pay in return for the lending service.

Investment

They can also use their money to invest in something. Money lenders have a big pool of interest coming their ways. The money they make is used in investing which makes them more money. Investment can be either positive or negative for the lender. However, no person invests money at a bad deal. Investment is a sort of lending. The difference here is that they can lose the money if volatility is high.

Conclusion

Therefore, the functions of a money lender is primarily to lend money to people in need. By lending money, the lender makes more money by charging interest on it. The lender can also invest money in businesses or in other ventures.

Why You Should Be Investing in Gold Now

Gold is not an infinite resource and with the number of mine closures in countries that have been the main sources of supply like Australia and South Africa, the industry is looking at other ways to meet the demand. This has increased the number of recyclers and gold buyers who buy old gold to be refined and fed back into the market. But can we ever have enough? The demand for the yellow metal has not shown any signs of abating. The global economy is also changing with emerging markets like Turkey buying more gold to shore against the dollar’s hegemony. 

During 2017 Turkey withdrew 27 tonnes of it’s gold from the New York Federal Reserve. Turkey’s Central bank also managed to increase its gold holdings by 83 tonnes in the same year. To add to that, the President of Turkey decreed that all IMF loans be paid in gold and not in dollars. Turkey believes that gold can help ease currency pressures that come with doing business in dollars. Counties like Russia and China have been advocating for a move away from the dollar economy. Turkey for one, has more reason to put its faith in gold because of the problems its currency has been facing. 

Turkey is one of a growing number of countries that have been increasing their gold holdings. Another country that has been aggressively increasing its gold reserves is Russia. The country added 300,000 ounces of gold in March 2018 alone. By the end of 2018, Russia was on the verge of reaching 2,000 tonnes of gold in their vaults. 

China has always bought more gold than most countries. It is continuing to do so and some pundits have commented about the acceleration of the whole process. The demand is driven by advancing technology and the increasing number of companies producing digital devices for the country and the rest of the world. China has also launched the Petro-Yuan which allows them to buy old without using the dollar but trading it for gold instead. 

A lot of the world’s gold is held in the US and Britain, however a lot of this gold has been withdrawn by countries like Germany, Austria, The Netherlands, Turkey and China. This can only mean that the price of gold will only go higher. 

Mining production has been on a steep decline over the last decade. One of the biggest mining company has cited a decline of more than 50% since 2012. This reminds us of the finite nature of gold and why we need bullion dealers like Brisbane Gold Company. They are a Bullion dealer Brisbane who buy old gold to recycle and put back into the market to sell as gold bullion. 

Gold mining isn’t prepared to meet the growing demand and the explosive prices. This kind of supply destruction is a great foundation for a bull market. The market will eventually crash after years of high prices just like oil did between 2008-2014 when a barrel cost $100 only to crash by 80% to reach the $20 per barrel mark. Bull markets are authors of bear markets and when the bear market kicks in, investors will leave, marginal companies will fold and only the strong will survive. 

The moral of the story is that we are at a critical stage when it comes to the price of gold. With demand outstripping supply the best time to get involved and start taking risks within the gold market is now. Talk to a reputable like bullion dealer Brisbane such as Brisbane Gold company who are an Australian bullion company that know about gold investing. 

Leadership Skills According to Kevin Mulleady

The research on leadership skills demonstrates that it is possible to develop the skill to guide, influence, and motivate others. Kevin Mulleady states the ability to “lead” people can be a valuable skill for any individual. While the term “leadership” is often a contentious topic, it is practical and can be learned. Read on to learn more about how to develop your leadership skills. We will look at the practical skills required to lead effectively, and how you can develop these skills in yourself and your organization.

Being a leader requires the ability to build trust, be reliable, and be a role model. Reliability is an important leadership skill because employees look up to you for guidance. Besides being trustworthy, being a good mentor and teacher is also a key leadership skill. These include positive reinforcement, a willingness to take responsibility, and being a good teammate. Being a reliable leader requires the ability to be patient and responsive to your team.

Effective Leadership Skills

Developing effective leadership skills is an essential part of the job description for any manager. It requires a combination of intuition, logic, and analysis. A good leader like Kevin Mulleady is capable of making tough decisions, and will have the ability to influence others effectively. By utilizing the skills learned in training sessions, you can enhance your existing leadership style while developing new ones. The following tips are a few of the most important aspects of a good leader. Don’t miss out on the opportunity to develop your leadership skills.

In a business environment, you will be in a position to make decisions. Whether it’s in your personal life or at work, you’ll most likely have to manage a team at some point. If you’re in the middle of an important decision, you’ll need to have effective problem-solving skills. It’s essential to be able to identify problems and make sound decisions. With good communication, you can create win-win solutions and increase the likelihood of success.

Importance of Leadership Skills

Kevin Mulleady explains, as a leader, you need to be able to communicate with others. Effective communication skills are essential in any business. A leader must be able to effectively communicate expectations to employees and their managers. They should be able to provide feedback and give feedback on the progress of their team members. They should also be able to inspire others. This is another important aspect of Leadership Skills. A good leader should be able to empower their team, and will empower them to do so.

Managing staff is another critical skill to develop. A good leader should be able to listen to employees and build a culture of collaboration within their team. By listening to them, they can create a culture of trust. They should also have a positive attitude. A leader should never be afraid to ask questions, even when they don’t know the answer. In addition, a good leader should be able to motivate their staff. A bad leader will make the situation worse.

How to Develop Leadership Skills

A good leader should be able to admit when he or she is wrong, Kevin Mulleady knows this first-hand. It is crucial to admit mistakes when they occur. This way, people will be aware of the mistakes and correct them. This is one of the most important leadership skills to learn and develop. It is vital for any business to foster a positive attitude in the workforce. A strong leader should be a confident and honest person. It is important to keep in mind that everyone makes mistakes.

Leadership Skills Training

The skills you learn will help you become a more effective leader. Kevin Mulleady says you should also be able to communicate well with your colleagues and other members of your team. This is essential for building a successful team. If you are unsure how to communicate with others, you can practice in a role-play environment. Likewise, if you want to improve your leadership skills, you should invest in an online course. It offers many benefits. You can improve your communication with your team by learning Leadership Skills through a self-study process.

A good leader knows how to delegate tasks to other people. Developing good delegating skills is one of the most important leadership skills. As a leader, you can trust your team members and their capabilities. In turn, they will follow you and help you to succeed. By understanding the skills of others, you can also improve the level of leadership in your organization. This is essential for any business. A great leader will also know how to manage people.

French Larry Taylor Details How Small Businesses Can Benefit From Hiring a Tax Accountant

French Larry Taylor, an individual who has spent his career working as an accountant and tax professional, feels that every business owner should hire a tax accountant. While many large corporations do, many smaller businesses often forgo hiring a professional. Learning what benefits you can get from hiring a tax accountant can help you to see why it is important. Here are three of those benefits. 

Small Businesses Can Free Up Their Time 

Small business owners wear many hats during the course of their week. Many act as hiring managers, human resources professionals, a buyer, a regular employee, and an accountant. These are a lot of tasks that a small business owner takes on. French Larry Taylor explains that one of the benefits of hiring a tax accountant is that you get one task off of your plate. The accountant is responsible for accounting and taxes, freeing up more of your time to handle the other various tasks that you need to complete. 

Help Save Small Businesses Money

Another important benefit that Mr. French Larry Taylor explains that you can experience when hiring a tax accountant is that you can save money. Business accounting and taxes can be complex. Many business owners are not familiar with the tax codes, and as such, have no idea how to minimize their tax liability. A tax professional can help advise you on the best way to maximize your taxable revenue, take all the deductions and credits you are entitled to, and all in all, reduce the amount of money you may be paying to the I.R.S. 

Ensure Their Taxes Are Correct

French Larry Taylor says that the third benefit of hiring a tax accountant for a small business is that you can ensure your taxes are done correctly. Filing business taxes is different than filing personal taxes. If mistakes are made, the mistakes can be costly. A tax accountant is there to ensure the taxes are filed correctly, and filed on time, helping to ensure that there are no mistakes that can wind up costing you down the road. 

French Larry Taylor typically works with larger corporations, but many smaller businesses can also benefit from hiring a tax accountant. If you own a small business, you should know that hiring a tax accountant can help to free up your time, can help to ensure your taxes are correct, and can help to save your small business money. Reach out to a local tax accountant today to begin the process of hiring one. 

What are corporate gifts?

A corporate gift is any gift given by a company to its employees or customers Corporate Gifts can be in-house or out-of-house, but they must always adhere to professional etiquette, which varies depending on the relationship between the giver and the recipient. What else can we say about corporate gifts now that we’ve answered the main question? A great deal! Let’s take a deep dive into each aspect of corporate gifts and break them down into their most basic forms. Let’s get this party started!

Let’s take a look at the various types of gifts that can be given in the workplace.

Celebration gifts

Items given for a special occasion or event are known as celebration gifts. They can be given as a company-wide gift to commemorate a holiday, a business anniversary, or even a surprisingly successful quarter. Please keep in mind that this is not an award for achieving a goal. It is critical to remember that awards and rewards are not gifts. Individual gifts tailored to employees are also included in celebration gifts.

Group Gifts

Gifts between co-workers or from employees to their employers are examples of group gifts. They can be either a single gift funded and distributed by a large group or the same gift distributed to a large number of people. A spoonful of Comfort suggests purchasing group gifts for co-workers because Teams that pitch in on a group gift to a co-worker or boss share the cost of a high-quality gift..

Gifts that are personalized

A personalized gift can be a group gift or a celebratory gift. They are given their category because they make an extra thoughtful effort that can have a larger impact. This could be as simple as engraving an employee’s name on a pen or as elaborate as custom gift baskets for clients.

Promotional items

Promotional gifts are physical items that promote your own business and usually bear some form of brand identification, such as a company’s logo or website.We’ll go over how important they are when we talk about how to use them to grow your business. For the time being, all you need to know is that they are freely distributed to almost anyone and are traditionally inexpensive to buy in bulk and branded. They are sometimes referred to as swag.

We hope you found this guide useful in coming up with ideas for growing your business with personalized gifts.

Nils Larsen Manager Discusses Why a Financial Portfolio Manager is a Wise Choice

Nils Larsen Manager has helped many people create high-quality financial portfolios over the years, focusing on the unique steps necessary to execute this process. But, just as importantly, he fully understands how to handle this job for just about anybody. But what if you don’t feel comfortable with a portfolio manager’s expenses? Should you get one anyway? Absolutely. Here’s why.

Nils Larsen Manager Examines the Role of a Portfolio Manager

Nils Larsen Manager understands that a portfolio manager may seem like an expense that you just don’t need in your life. However, working with a professional to improve your portfolio can improve your chances of success in many ways. These experts know more about investing and financial steps than the average person and will give you an insight into your investment needs as a person.

For example, they can assess your current portfolio and see if it is lacking in any way. Then, they’ll examine potential pitfalls, including investing in too many stocks or bonds or any holes in your planning. Even better, these experts will talk with you about your financial goals, including retirement, college planning, insurance concerns, and paying off medical expenses before they get out of control.

Nils Larsen Manager states that the goal of a financial portfolio professional is to balance your funds and ensure that you are satisfied. In addition, they’ll discuss potential investment opportunities, including new startups, various hot commodities, real estate, and anything else that feels right to you. In this way, you can expand your portfolio and potentially achieve a higher level of success.

Just as importantly, these professionals can steer you away from any risky or doomed ventures. For instance, they could help you avoid incidents like the strange Gamestop moment when inexperienced day traders bought up much of this stock and caused an upswing that the company could not maintain. But, again, a financial adviser can keep you away from such problematic situations.

Suppose, for any reason, you still feel uncertain about whether you want this kind of help. In that case, Nils Larsen Manager suggests contacting a portfolio manager anyway to see what they have to say. These professionals can talk to you about their services, give you an idea of what to expect, and provide you information on their billing information to ensure you don’t overspend on this service.

That’s something that people need to understand: your financial adviser will only charge you what you can afford by creating a service plan that makes sense for both of you. Rather than tacking on unnecessary things that won’t help you, they’ll narrow down their options to ensure that you can focus yourself more fully and avoid serious financial repercussions along the way as well.

600 Dollar Loan with no credit check

The cost of living is always increasing and because of this, many Americans are finding it harder to make ends meet without taking on more debt. If you find yourself in that position, then a no credit check loan could be just what you need to keep afloat until your financial situation improves.

One such option available nowadays is the 600 dollar loan with no credit check because this type of loan does not require a traditional credit check as part of the approval process. Each month we send out hundreds if not thousands of dollars to borrowers who have used our services for their short term financial needs and we would like to help you too! Just fill out the simple online application form found on our friend website at usapaydayloansdl.com and we will get back to you with an answer within 24 hours.

Loan requirements:

– Applicants must be 18 years or older and a legal US citizen.

– You must have a valid checking account that has been open for at least 30 days.

– Your gross monthly income must be at least $1000 per month.

Our trusted lenders offer fast approval on all 600 dollar loans with no credit check regardless of your credit history, level of income or employment status because our objective is simply to help you when you need it the most! The best part is that if approved, you can have access to cash in less than 24 hours even on weekends! Ensure that when applying, that enter the correct information in order to prevent errors which could delay the process.

During times of emergency or financial hardship, it is important that you stay calm and take a look at all your options before deciding on what course(s) to take. Money makes the world go round and for this reason, we will do everything in our power to make sure you get access to the cash you need as soon as possible! Do not hesitate to contact us if you have any questions or concerns about our lending procedures because now more than ever….we are here for you!

The Role Of Business Broker

A broker is a professional that facilitates the transaction between two parties by finding the right business, product, or service for both and negotiating prices. They are used to locate buyers or sellers, and sometimes they act as representatives to the buyer or seller, such as representing a seller in a real estate transaction. Business Brokers Atlanta, also known as commercial brokers, or business mediators, help sellers and buyers of privately held businesses in the procurement and sale.

A broker’s services range from helping the seller obtain credit to fund the purchase of the property, negotiating the terms of the sale, and closing the transaction, all the while representing the seller as the principal and representing the buyer as the principal. Their services may be required when selling a home to investors, seeking mortgage financing, arranging escrow accounts for closing, selling commercial real estate, selling consumer goods, and more. Atlanta Business Broker can also be hired to serve as a translator or agent for either party in a real estate transaction.

Why Do You Need A Business Broker?

  • A business broker can help you find a business for sale that fits your needs and budget
  • Business brokers have access to all the listings in their database, so they’ll be able to find what you’re looking for more quickly than if you were searching on your own
  • A good broker will work with you every step of the way – from finding a business that’s right for you, negotiating the best price possible, and closing the deal
  • If there are any problems along the way, a broker will be an advocate for your interests and make sure everything is taken care of properly
  • You don’t need to worry about interviewing or hiring employees since this is something a broker deals with as well 
  • Brokers know how much money it takes to finance different types of businesses, which means they’ll be able to match up financing options with what would work best for your financial situation

Types of Brokers and What They Specialize In 

  • Residential brokers specialize in buying and selling homes
  • Commercial brokers focus on commercial properties, such as office buildings or warehouses
  • Industrial brokers work with industrial properties, such as manufacturing plants or storage facilities
  • Investment brokers manage people’s investments for them – they can be stockbrokers, insurance agents, or real estate agents
  • Estate brokers handle the sale of a person’s property when they die 
  • A mortgage broker helps people find mortgages to buy their house

How To Find The Right One For Your Needs

  • Research brokers in your area
  • Interview 3-5 brokers to find the right one for you
  • Ask about their qualifications and experience level
  • Find out how they work – do they charge a fee, or are there any other charges associated with using them as a broker
  • Ask if they have any specialties that might be helpful to you, such as working with clients who are selling businesses or specific industries like construction companies
  • Consider what type of business broker would best suit your needs – some specialize in commercial properties while others focus on residential homes, so it’s important to know what kind of property is most appropriate for you before choosing which broker to use

How Much Does It Cost To Hire A Business Broker?

Businesses often wonder how much it does cost to hire a business broker. There is not a hard and fast rule for this, but a couple of things you will want to keep in mind are the length of time you need the services and what your specific goals are. For example, do you need someone to set up an appointment with a potential client, or do you want them to make a recommendation to a realtor? Another question to ask yourself is if the job will be outsourced or performed in-house. Lastly, you will want to consider any hidden fees associated with the broker, such as appraisal, filing fees, and legal fees.

Before hiring a broker, it is essential to ensure that they have the experience you are looking for. This means not only having completed similar projects in the past, but it also means learning about the specific industry in which you are interested. It would help if you also looked for a business broker who offers support after the sale to help you understand what is happening.