How Fintech is Creating Financially Stable Families

In today’s economy, many families struggle to make ends meet. Paychecks go just far enough to meet expenses, leaving little cushion for events that can break a budget, such as an expensive car- or home repair or loss of income. In fact, according to a survey by JP Morgan Chase Institute of one million Chase customers, 50 percent experienced a monthly income swing of 30 percent or more between 2012 and 2015. For lower income Chase customers, the percentage rose to 50.

Living on tight margins increases stress levels. Worry can become constant when even a minor upset can cause a family to fall behind on essential bills. Often, families resort to credit cards and payday loans, which can make their stresses even more acute in the longer term. Debt is the opposite of what families struggling to make ends meet need. Savings provide the key to relieving financial instability. For the millions of families struggling with financial instability, Fintech has created exciting products that boost savings, reduce debt, and make managing household bills easier.

Even

Even is a three-year-old app that assists customers with fluctuating incomes. Even calculates the family’s average monthly income over past paychecks and advances the difference when paychecks are low. It then collects the advances when higher paychecks arrive. For workers paid on commission, freelancers, and employees dependent on tips, Even can be a lifesaver. Though freelancers, salespeople, and servers may take home huge paychecks, they also get skimpy ones when business slows. Often, savings are depleted and workers wind up with debt, overdraft fees, and late payment fees as a result. Even puts an end to that destructive cycle.

Digit

Digit helps households save money on a consistent basis. Saving often eludes people because they lack a consistent, large chunk to put away every month. Often, the only way to save or increase savings are through tiny increments. Digit analyzes users’ pay rates, bills, and spending. When a chance to add to savings occurs, Digit automatically deposits the money into an interest-bearing savings account.

Prism

This app takes all the stress and angst out of paying the monthly bills and guards against late payments. Prism creates reminders of payment due dates. Users are able to pay their bills when the reminder comes simply by clicking on a button. Prism ends long periods of time spend logging in an out of multiple accounts or, for the old fashioned, writing checks.

Fintech also assists in finding low-interest lending opportunities. As everyone on a tight budget knows, paying huge interest rates hurts. Ascend Consumer Finance, for instance, provides consumer loans with rates much more competitive than payday lenders.

Credible provides a multi-lender platform for securing private student loans. By using Credible, student loan borrowers are able to shop for the most competitive student loan rates. Unlike federal student loans, private student loan rates vary greatly by lender. Choosing the best option saves borrowers thousands of dollars in interest payments.

In an era where high living costs take an increasing proportion of Americans’ incomes, saving money has never been more important. 

Subscription Box Gifts for Everybody in The Family + Coupon Codes for Each One

Are there times you give and give and give only for you to realize that you totally forgot about your needs? If yes, it is about time you did something about that. It is okay to be selfless but how about you tried out something that would give to your family and you as well? One way to achieve this is by subscribing to monthly gift boxes. The following are some of the coolest subscription gift boxes for your entire family. Notice that all of these boxes offer discount codes, Coupon Cause is a great site for finding the most recent deals for any of these subscriptions.

Fido – PawsAndPals

Subscription by Paws And Pals delivers high-quality toys, accessories, treats for your furry pal. At PawsAndPals.com you will find three subscription plans – deluxe bag at $40, novelty bag at $ 30 and the sample box at $20. Paws And Pals allows you to custom size your gift box by indicating the size of your dog. Now the ball is in your court- place an order and get your Fido’s tail wagging!

Paws And Pals Coupon: 10% Off with Newsletter Sign Up

Teenage Son – LootCrate.com

LootCrate.com is one of the best website leading to fun such as entertainments, sports, gaming and pop culture to deliver monthly theme subscription boxes for geeks and gamers. Loot crate provides a monthly mystery crate for pop culture fans that comes packed with super amazing exclusive collectibles and apparels from your favorites games, movies, and tv shows. In the monthly crate, you will find super cool t-shirts, capes, fancy sunglasses, and a cartoon magazine for the teens.

LootCrate.com coupon: +5% Off First Month Crate with Code LOOTR15

Mom – BeanBox.com

Are you a mom that loves coffee? Then beanbox is the subscription box for you. BeanBox delivers monthly subscription gift boxes with coffee right at your doorstep. BeanBox.com offers different types of coffee packages which include, a single bag of coffee and some other four different coffees in a smaller bag. Read about organic coffee brands at thehomemakersjournal.com if you don’t have good ideas about the benefits of different coffee box. BeanBox is known as the U.S coffee capital due to the variety of coffee they offer such as the Lighthouse Roasters, Conduit Coffee, Kuma Coffee and Herkimer Coffee.

BeanBox coupon: 50% Off any Bean Box Subscription with code FRESH50

Dad – BBQ Box

Most men are not naturally acquainted with cooking. But there’s need not to worry anymore since the BBQ Box is there for you, BBQ Box is a package of packed foods, that stimulates your craving for food. The sets include marinade, Rub, Jerky, snack, a package of premium wood chips, and one custom recipe from Myron Mixon showcasing the best of your box from BBQ. Therefore, dads have all reasons to celebrate BBQ Box since all the stressful time when wondering how to get cooking and come up with that delicious pie is over. All that is left for you to do is to place an order and the pie will be delivered to your doorstep   

BBQ Box coupon:15% Off First Box – CMOON15

The Artistic One – Doodle Crate

Most children are artistic in nature and they love drawing, shading and other simple art projects. This art increases the creativity of the little ones. Doodle Crates offers different materials for assisting the young kids from the age of nine to sixteen years in their artwork which includes yarn, washi tapes, inspiration sheets, video tutorials and easy to follow step by step instructions to guide the children as they do their artwork. The packages are delivered to the doorstep once you place an order.

Doodle crate coupon: 30% Off First Month’s Crate with Code CAUSE30

5 Ways that your business may be impacted when you are low on supplies

Running a business is not always easy. There are a lot of things that you need to consider. From building marketing strategies to thinking of ways to cut costs, there are a lot of things you need to know in order to keep the business running. One of the most important things that you need to consider is the consistent flow of your supplies. You need to have proper prior planning on your supply strategy since having low supplies can greatly affect your sales and operations. In whatever important decisions you have to make, you will always have to look back on your supply chain strategy.

 

Here are 5 ways that your business may be impacted when you are low on supplies.

 

  1.       It can slow down the administration operations.

 

The administration department is the backbone of any company. They act as a link connecting staff members, vendors, and other departments. They do most of the paperwork needed to help the business running. They also manage the distribution of supplies to other departments and when there is low supply, it can slow down the operations on their part and other departments. For instance, if a certain department store is out of Eftpos Paper Rolls, the operations department will have a hard time printing receipts and when that happens, the administration and accounting departments will have a hard time tracking and documenting the business’ expenses.

 

  1.       It can affect customer satisfaction.

 

When your business is running low on supplies, it can greatly affect your customer’s satisfaction. Naturally, people can get impatient and in this fast-paced world, everyone wants to have their order fulfilled as soon as possible, with no delays. And as an important factor in running a business, customer satisfaction should always be uploaded and be given importance. Failure to do this will give your competition a greater chance to be the authority in your business field.

 

  1.       It can directly affect the profitability.

 

It is important that your business has enough supply to provide for their customers to maintain the consistent flow of supply and demand. When you are low on supplies, it can directly affect your sales operations giving your competitors a better leverage than you. Customers naturally want businesses that can provide them what they want as soon as possible. Running out of stock will drive your customers to find other companies and when a certain company can provide them consistently, you will lose their loyalty and eventually, it will affect your sales and profit.

 

  1.       It can ruin your reputation.

 

When you are constantly running out of stock, it can send a message to your customers and potential customers that you are not reliable. It can ruin your reputation as a business and people will soon go to your competitors instead.

 

  1.       It can be challenging to attend to returns.

 

When you are low on supplies or constantly out of stock, attending to returns could be a potential problem. For instance, when a customer returns a damaged product that is still under warranty, you are expected to process a replacement as soon as possible. If you are unable to do this as soon as possible, it can lead to dissatisfaction.

3 Ways that cryptocurrency has changed the world

Over the past few months, the general interest in cryptocurrencies has grown so much that the topic has become one of the most popular terms looked up on search engines, discussed on news programs and other trade and finance talks. In addition, it even has received great attention from different governments and institutions worldwide. As of the end of 2017, it was estimated that only two percent of the global population are involved in cryptocurrencies. These risk-oriented individuals are considered as the ‘innovators’ and most of them have already experienced huge gains with cryptocurrencies and their underlying technologies.

 

Although the advantages of this technology are already evident from the past up until now, we are yet to its full potential once cryptocurrencies achieve a possible mass adoption in the future. Read more about the three ways that cryptocurrency has changed the world and take part in this one major ‘financial revolution’.

 

  1. Decentralization

 

Cryptocurrency platforms are considered by many people as the future of decentralized banking. It allows ordinary people to obtain financial services and store their savings without the control of central authorities, middlemen, and other bodies that can go in the way of monetary transfers. Even less privileged individuals can receive, store, and send cryptocurrencies with just a smartphone, a wallet application, and a working internet connection. Bitcoin, for example, operates on a network that is purely peer-to-peer in nature. It means that the mass collaboration of Bitcoin users allows the confirmation and bookkeeping of all transactions; past and present.

 

  1. Convenient Money Transfers

 

There are a lot of limitations when it comes to the conventional methods of money transfer. Aside from being very expensive, sending money between countries have maximum and minimum limits and can take from hours to days to be confirmed. With the increasing adoption of different cryptocurrencies by several financial institutions, money transfers overseas will now take only a few minutes and cost from a few cents to a few bucks, depending on the type of cryptocurrency and the priority set for the transaction. You also don’t have to wait in long queues and go through a tiring verification process before you can send money to other people. Additionally, cryptocurrency has no holidays and it runs non-stop 24/7.

 

  1. Security

 

By taking extra steps when assuming full responsibility for your accounts, cryptocurrency can provide you the greatest form of security nowhere to be found in other forms of digital assets. Bitcoin transactions, for example, are completely irreversible, fully addressing the issue of chargebacks that is common in credit card payments. The Bitcoin network itself is very secure from hacking and another form of digital attacks. Transactions are also private, containing only the amount of money sent, and the sending and receiving addresses – nothing more about the identities of the sender and the receiver.
If you are planning to get into cryptocurrency but you are hesitant to start because of your busy schedule, then the Crypto Code mining and trading software can help you out. The application includes automated trading codes that can do the stressful tasks for you and earn you passive income the easiest way possible.

Save Money on Fabulous Accent Pieces for Your Home

Whether you are just starting out and need to save money due to a low budget, want to re-decorate because you are tired of the same old décor, or you just have some plain walls that need some love – you can do it all on a thrift store budget!

Thrift shopping is not only a great way to save money – but it can also be a lot of fun. The thrill of finding that perfect thing for your home, for pennies on the dollar. Who wouldn’t love doing this? The thing about thrift store shopping – you must have patience and a willingness to hunt for that perfect thing.

I have found that one of the BEST places to find those perfect unique treasures is my local Goodwill store! They not only have some great unique items, but their prices are always reasonable. We also find that they frequently have sales that slash their prices even more. It is a total win!

My Goodwill

When you’re at the big box retailers – you know you are grabbing up something other people have too. And even at the for-profit thrift stores, while you might see some nice unique items, their price tag tends to be a bit steeper than what you find at Goodwill – so you aren’t really going to save money.

And as a bonus, over 313,000 people in the United States and Canada connected with jobs or earned employment using Goodwill organizations’ career services programs this past year. And more than that – tens of millions access the Goodwill education, training, and online learning services that Goodwill offers to strengthen their job training skills. As a non-profit, they are dedicated to helping create jobs and providing on-the-job training for many who would find employment opportunities scarce without Goodwill’s help.

So – have an open mind and get yourself ready to shop! Remember, if you’re crafty, there are tons of ways to spruce up and refurbish pieces to make them new again. If you’re one of the lucky people who has more than one Goodwill store near you – be sure to hit them all up!

Here are some great Goodwill finds from just the last couple of weeks.

Outdoor and Patio items – this was a really fun find! Unfortunately, by the time we got there, it was already sold.

My Goodwill Saving Money Finds

Lamps and Lampshades can be so much fun to DIY!

My Goodwill Saving Money Finds

Photo frames, photos, and canvas paintings can be used as is or restored in so many ways.

My Goodwill Saving Money Finds

We found a TON of different kinds of decorative vases – some in wood, some in glass.

My Goodwill Saving Money Finds

Unique pieces of furniture can really be fun to restore – if it is your first time doing a DIY restoration, you can bet you can find something awesome at a bargain to get you started.

My Goodwill Saving Money Finds

All kinds of baskets – I can think of so many things that I could do with these.

Save Money at Goodwill

Google DIY canning jars – there are about a million things, right? Look at these jewels!

Save Money at Goodwill

Do you have some amazing finds and restoration products you’ve found by shopping at Goodwill? I would love to see them! Share them with me on social media using the #ShopGoodwill hashtag!

Plan Your Retirement Now and Secure Your Future

One of the most stressful things is when you’re unsure about your financial future. It is tough being pulled in so many directions – children’s college funds, vacation and family outings, home ownership and more. But I’m being reminded that it’s important not to neglect long-term savings for your retirement years. I’m may not be anywhere near retirement age yet but I definitely want to make sure that I am well-prepared for retirement when we reach that stage.    

Understanding retirement needs can be confusing sometimes and may feel like an overwhelming and impossible task. That’s why I am sharing these simple tips for helping you get started with easy-to-understand resources at AceYourRetirement.org. Here are seven things to consider to help you maximize your retirement savings.

  1. Minimize debt – but not at the expense of paying into your 401k or other retirement accounts. The less debt-load you have during your retirement, the more you’ll be able to make your retirement dollars stretch.
  2. Don’t rely solely on Social Security – in fact, people are often recommended to wait until up to age 70 to collect Social Security to allow benefits to grow more.
  3. Consider whether downsizing your living quarters makes sense once children are grown and out of the house.
  4. Make sure your beneficiary designations are up-to-date and talk to your spouse to make sure everyone is on the same page.
  5. If you’ve been divorced but not remarried you may be eligible for Social Security benefits from your ex-spouse.
  6. Enroll in a retirement savings plan. Even a little bit held out from each paycheck can really add up.
  7. Never contribute less to your 401k account than your employer matches if they offer a matching program. Save more if possible and increase your savings by 1% per year whenever possible.

As we approach a new year it’s important to take stock of your current situation, and make adjustments where needed. Pop over to AceYourRetirement.org and get personalized, simple tips on how to jumpstart your retirement savings. It was so helpful to me to see a couple areas that I could adjust to help improve the financial situation of our family.

I wasn’t surprised to find out that I was the only one struggling with what to do with our finances. But it’s especially tricky being self-employed since the income varies month to month. But I’ve got some great tips now that I’m going to begin implementing and already feel better. When you have a plan it’s easier to feel more confident.

retirement

I found out that Americans know they should be focused on the long-term, with nearly 6 in 10 (58%) preferring to save for retirement over something more short-term, a vacation (40%).  But approximately 2 in 5 households headed by people age 55-64—over 9 million households—have no retirement assets saved at all.   I definitely don’t want to be in that position when I am in my 50s.

Taking steps to take control of your retirement planning could have a positive impact in many areas of your life. More than half of people in their 40s and 50s say that feeling more confident about saving for retirement would help them feel less stressed (54%). And 46% would be happier knowing they are taking care of their family’s future. I know I feel better after walking through the AARP website AceYourRetirement.org. We’ve been savvy with our money – paid off car loans ahead of schedule, living debt free for a while…I know we are capable of achieving large financial goals. But I just wasn’t sure where to start. Now I feel much more confident and you can too.

Retirement

Where will you start with your retirement planning? What’s your biggest challenge today?

The Top 3 Loans That Can Help You Eliminate Debt Fast

Unpaid debts can be really stressful. If you don’t take care of it soon enough, it will catch up with you. Debt has become a part of today’s culture and comes in different forms for different reasons. Paying off debt, is perhaps, one of the most common personal goals among different people. And while some may think it is hard, it only requires some good strategy and enormous discipline to finally get out from it. Sites like MTP Loans provide loan choices for people who want to pay off their debt.

There are various types of loans that one can get to help pay off your debt, here are some of them:

  1. Personal Loan

Personal loans are one of the many loans you can borrow from the bank. It is an unsecured loan that can be paid on agreed terms. This can be used by the borrower for whatever purpose. If your credit ratings are good enough that you can borrow a money, this can be used as a debt consolidation loan. However, there maybe instances that you will be allowed to borrow a small amount, a big amount of higher interests, or not be approved at all due to bad credit score. Secure personal loans from a bank you trust and settle for payment rates that are doable for you. This will take the stress off your loans.

  1. Home Equity Loans

Home equity loan is taken out using your home’s equity as a collateral. To qualify, you need to have a good amount of equity in your home and a good credit score. Home equity loans have very low interest rates because of its secured nature. You can also borrow money big enough to pay off your other debts. However, many are cautioning against this to be used as a debt consolidation loan because of the risk involved. Once payment becomes too expensive and you are not able to pay it, your house will face foreclosure and lose it.

  1. Debt Consolidation Loans

In past years, the needs for bigger loans were so high that banks started to offer debt consolidation loans. This is offered for the purpose of combining your debts. There are many types of debt consolidation loans and you need to choose wisely what to pick. These types of loans have usually lower interest rates than what you pay monthly, but you need to set terms strategically. Low interests rates are achieved through extending the period of repayment.

There are many options to pay off debt, but you need to be smart and careful as to which you choose. Find terms that will not burden you anymore than being burdened with your current debts. As well, make sure to know the terms and conditions of each loan so as not to encounter any surprising problems that may arise from missing payments and other situations. Finally, stop accumulating more debt once you start eliminating them so as not to be buried with more debts in the future.

The top 3 Loans That Can Help You Eliminate Debt Fast

Unpaid debts can be really stressful. If you don’t take care of it soon enough, it will catch up with you. Debt has become a part of today’s culture and comes in different forms for different reasons. Paying off debt, is perhaps, one of the most common personal goals among different people. And while some may think it is hard, it only requires some good strategy and enormous discipline to finally get out from it. Sites like MTP Loans provide loan choices for people who want to pay off their debt.

There are various types of loans that one can get to help pay off your debt, here are some of them:

  1. Personal Loan

Personal loans are one of the many loans you can borrow from the bank. It is an unsecured loan that can be paid on agreed terms. This can be used by the borrower for whatever purpose. If your credit ratings are good enough that you can borrow a money, this can be used as a debt consolidation loan. However, there maybe instances that you will be allowed to borrow a small amount, a big amount of higher interests, or not be approved at all due to bad credit score. Secure personal loans from a bank you trust and settle for payment rates that are doable for you. This will take the stress off your loans.

  1. Home Equity Loans

Home equity loan is taken out using your home’s equity as a collateral. To qualify, you need to have a good amount of equity in your home and a good credit score. Home equity loans have very low interest rates because of its secured nature. You can also borrow money big enough to pay off your other debts. However, many are cautioning against this to be used as a debt consolidation loan because of the risk involved. Once payment becomes too expensive and you are not able to pay it, your house will face foreclosure and lose it.

  1. Debt Consolidation Loans

In past years, the needs for bigger loans were so high that banks started to offer debt consolidation loans. This is offered for the purpose of combining your debts. There are many types of debt consolidation loans and you need to choose wisely what to pick. These types of loans have usually lower interest rates than what you pay monthly, but you need to set terms strategically. Low interests rates are achieved through extending the period of repayment.

 

There are many options to pay off debt, but you need to be smart and careful as to which you choose. Find terms that will not burden you anymore than being burdened with your current debts. As well, make sure to know the terms and conditions of each loan so as not to encounter any surprising problems that may arise from missing payments and other situations. Finally, stop accumulating more debt once you start eliminating them so as not to be buried with more debts in the future.