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Now, this might come as a shock to you but cutting your expenses by 50 percent is actually possible and when you do that you can start saving or investing more. Let me give you a simple example. If you buy $1 on coffee and drink 3 cups every day, you will be spending $90 per month on coffee...

If you are buying housing property, whether it is a commercial building or a residential building, you need to go for property inspection. This is very crucial. A lot of people make sure to check the property ownership documents, permits, licensing, etc. They even go and check the property, buy...

The real estate market is not same every where, the real estate market has its own traits, properties, fluctuations, values and prices according to country and region. That’s why watching the real estate market in some other countries does not give you any idea about the real estate market in...

Travel agency is a lucrative business, however, it is expensive to start. How much money you need to establish a travel agency depends on your own market conditions, however, in my home country you might have to invest over $20 K, which is quite huge amount for a business. You need this kind of...

You cannot make money from your business since day one. In fact for a business it might take over a month, and in some extreme conditions at least 4 months even to generate your first sale. It might take over a year to reach breakeven point and even longer to start profiting. Therefore, when you...

The purpose of collateral is to secure your loan. Banks ask for collateral in order to get back their investment in a situation you cannot pay back. You can use land, house, gold, stocks, etc. as collateral when applying for a loan from banks. You also need to provide proof of income to convince...

When you want to get a loan, you need to know about a lot of things. One of the most important things is loan processing fees. No matter what kind of loan type you are applying for, whether it is a personal loan, business loan, home loan, etc. you will have to pay processing fees, which is...

Market is not always bullish, it also becomes bearish. Sometimes the bearish run goes for such a long time that it will be difficult to protect your investment. Therefore, you might lose money. As an investor, you need to control over your assets. Control your asset means do not panic sell. Loss...

The primary purpose of making money is to live a comfortable life and also to contribute to the society. These things will happen only when you have managed to build savings. Without savings, will not only be difficult to face financial crisis and financial emergencies but it is also difficult...

Do you know what is the easiest business and also least risky business is? Well, it is the business of reselling. When you manufacture products, you need to make significant investment in product development, manufacturing, and even marketing. However, when you buy products to sell them, you do...

Institutional investors or big investors can take risks as they have a lot of money and they have multiple assets and one of two failed investment will not make them hard. However, for people with small funds or small investors, it is not possible to take any chance. Therefore, they have to...

Urban farming can be very profitable, you can either start small in your apartment, or get an old warehouse and start urban farming. Most urban farming methods do not require soil to grow, a lot of urban farming methods do not need big space. Generally speaking, it is expensive to grow in soil...

There are many benefits of investing in real estate, you can save money on rent, you can rent your house and generative passive income, or you can sell it for profit. However, before you invest in real estate you need to understand a couple of things. First, it costs a lot of money to buy...

There are a lot of opportunities to make money as a video content creator, for instance you can publish your videos and monetize your videos on platforms like Facebook, Instagram, TikTok, Youtube, Twitch, Kick, Dailymotion, Vimeo, etc. However, there are also a lot of challenges to make money as...

In my opinion, low income is not a problem whey people are unable to pay bills, save money, or invest money. It is mainly related to not managing the money properly. Managing money properly means a lot of things and the most important one is to adapt your lifestyle according to your income...

I am not a teenager, however, I am going to share how managed to build income and also save my income when I was still in my teens. Generally speaking, teens do not have regular income sources, they make little money here and there, and are mostly relying on their parents. Without generating...

If you are running a website, and no matter what kind of website you are running, you need sustainable traffic. Sustainable traffic means you receive visitors on your website on a regular basis. Sustainable traffic means it does not fluctuate too much? How do you get sustainable traffic? Well...

Even though for a lot of people getting a job is an ideal way to become employed, freelancing is also evolving as one of the best ways to become employed. Becoming a freelancer means you are becoming self employed. When you have a job, you will get fixed pay check every month, but freelancing...

Saving is a financial habit that a lot of people recommend. There are various purposes of saving and various benefits of saving. By the way, what are the major benefits of savings? Well, the first one is of course financial security during financial emergencies and also retirement. Another major...

Banks are one of the most important financial services that contribute to the economy of the country. All banks within a country are managed by the central banks. Banks are primarily established to provide saving and credit facilities. You can save money in banks, you can borrow money from...