**This information is an affiliate post for foreign investing purposes. The information contained in the following post is to be used as a guideline for anyone doing Norwegian based investing, and has contributed to the newest guidelines of the foreign investing act
Vil du refinansiere smålån?
Refinansiering av smålån kan spare deg mange penger. Har du mange smålån, dyre renter og skyhøye gebyrer som du skulle ønske du kunne bli kvitt? Så har du flere løsninger som gjør det mulig for deg å få en bedre oversikt over din økonomiske situasjon. Det er mange som sitter i samme klemme, hvor de over tid har tatt opp flere smålån for å få mer luft i økonomien. Det kan være at det er årsaken til, at du nå sitter med flere smålån som du kanskje ikke har den beste oversikten over.
Det er dessverre mange som er i den situasjonen, siden du aldri kan helt beskytte deg mot uforutsette utgifter eller andre ulykker i hverdagen, men det betyr ikke at du må gå på akkord med dine faste utgifter eller din hverdag, hvis plutselig noe uventet skjer.
Den største feilen mange gjør er nettopp det, at de tar opp flere lån for å betale ned regninger i øyeblikket, eller for å dekke inn uforutsette utgifter. Dette straffer seg over tid, fordi du vil betale skyhøye gebyrer og renter. Det er rett og slett penger rett ut av vinduet. Det er mer og mer populært å refinansiere alle lån og same alle undet et tak.
Hva bør jeg gjøre?
Med et refinansieringslån kan du låne penger til å samle alle smålån, uten at det kommer til å koste deg ekstra. Har du mange kreditorer, kan det være forvirrende å sette alt i system. Her anbefales det at du har så få lån som overhodet mulig – jo flere lån du betaler for, jo mer renter og gebyrer er det også som skal betales. Ved å ha bare ett lån, har du også bare en rente, og alternativt, ett enkelt gebyr som du må betale. Det kan fort komme ut av kontroll eller ende opp i en ond spiral hvis du ikke er klar over din økonomiske situasjon eller setter deg godt inn i økonomien din. Ved å samle alt under ett, vil du fp en mer stabil økonomi der du trygt vet hvor mye penger du har å rutte med fra måned til måned. Det aller første du burde gjøre er å skrive ned alle utgiftene du har i måneden og dele opp postene etter renter og gebyrer, slik at du kan se hvor mye du kan spare på en eventuell refinansiering. Da kan du se hvor mye penger du faktisk kan spare .
En oversikt over alle utgiftene du har bør være første steg på veien:
Du kan laste ned gratis budsjett mal på internett.
Sørg for at du får med absolutt alle faste utgifter.
Bruk SIFO sine tall for husholdningsbudsjett.
Ta kontakt med en bank som tilbyr refinansiering. De vil mer enn gjerne hjelpe deg.
Få hjelp av Kapitalkassen.no
Alt i ett-løsningen
Det kan aldri anbefales at du tar nye lån for å betale ned gjeld, men det kan være en god ide for deg og din økonomiske situasjon å refinansiere smålång for å spare penger i det lange løp. Det gir deg en bedre oversikt over hvor mye penger du skylder, og hvor mye du må betale tilbake hver måned. Dette betyr at den økonomiske situasjonen kan være mer stabil, og den enkle løsningen er på samme tid å gjøre det lettere for deg å forutse dine fremtidige budsjetter. Hvorfor skal du betale uttallige gebyrer, når du kan spare penger? Du vil ofte får en mye bedre rente også. Refinansiering av smålån er anbefalt av forbrukerøkonomer og vil garantert gi deg et spillerom i økonomien.
Kom i gang umiddelbart
Det anbefales derfor at du samle alle dine lån fra en enkelt kilde, siden du til slutt kan spare penger ved å ha en enkelt rente og noen utgifter på lånet ditt. Det er en god idé å sjekke dette alternativet ut om du er i en situasjon der du har flere smålån. Det kan bidra til å gjøre ditt liv og din økonomi mer håndterlig med bare en enkelt løsning. Ikke utsett prosessen, fordi du vil spare penger på å samle smålån. Sett deg ned umiddelbart og lag et budsjett, få overblikk og kontroll over økonomien din, og få en bedre livskvalitet. Vet du ikke helt hvor du skal begynne? Vi har samlet noen nyttige linker for deg:
Financial Report Creation for Small and Medium Size Businesses in South Africa
Apart from statutory requirements to be met such as annual financial report submission, businesses may also need to have audited statements for the purpose of borrowing money, getting BEE exemption, and attracting investments or for the purpose of creating records for review in a business selling transaction.
Annual and Interim Statements
We help our clients with financial reporting regarding interim and annual statements required for financing and for CIDB upgrading. Small business owners often struggle with idea of having to create such statements, but not to be concerned. We will guide you through the process and will even review the company transaction history and bank statements to create accurate and comprehensive financial reports.
Reasons for Drafting Statements
When you want to sell your business, you may find that the buyers are not willing to make a purchase offer without full financial reports. One man and small family businesses often don’t have comprehensive records, and suddenly for the first time need to create such. This is where our expertise comes in and where we turn the nightmare into a complete financial statement, ensuring that you have the required statements for the selling process. Even if you only have bank statements, we will be able to work with such.
The financial statements are also needed for tax purposes and if you operated a proprietorship until now, you may not have correct reports needed. Once again, you can rely on our assistance to ensure accurate reporting.
With the new Companies Act in place, business entities such as close corporations that want to convert to the new company categories will need to get their financial reports in order. With a professional team of accounting officers ready to assist, you don’t have to be concerned with lengthy and complicated processes.
This free i Lead Online posting about FIXONATE Business Serviceswas sponsored by i Lead Online. Should you wish to advertise for free on this website contact i Lead Online: mailto:email@example.com, http://www.ileadfinancial.co.za/advertise. You can also advertise for free on the following sites:
One of our goals in Business Services is to become a trusted advisor of our business owner client. Many times the only time an owner thinks about employee benefits or the rising costs of medical insurance is at renewal time, or the anniversary date of the group plan. He or she would rather continue to focus on running his or her business, e.g., making widgets or providing services to their customers. But when the group medical insurance premiums have double digit increases for three or four years in a row, those costs are out of control and hurting the bottom line.
With a new referral or new prospect, we need to demonstrate in a very short period of time that we can help. That is when we rely on the many years of experience Dennis Flem (CLU, ChFC, Vice President), Kent Brady (Vice President, Business Services), and Melissa Deitrick (Account Manager) to deal with these issues. Employers will frequently comment on the difficulty of keeping current with government regulations and rules for insurance and employee benefits. We can often establish credibility early by reciting some of the many options a business has to control the costs of benefits through cafeteria plans, medical reimbursement plans, health reimbursement arrangements, healthcare savings accounts or consumer directed health insurance. We ask questions, we listen carefully, and hopefully, begin building a relationship that allows us to become a trusted advisor.
As a licensed broker, we shop the market for all available group medical plans in the state. We prepare a 20 page analysis of benefit choices, based on what we have learned about the owner’s business. A favorite feature of our proposal is the Executive Summary that condenses all of our research to one page for decision making. We review the possible solutions with the owner and many times earn the right to do business with our new business owner client.
Budgets can be a hassle. I haven’t met anyone yet who loves to sit down on a Friday evening and sort out his or her budget before the weekend. No matter how annoying or boring budgets may be they are a necessary evil.
These days we have many options to manage our money, make financial goals, and make sure we stay within our means. For the last several years computers have been helping people and businesses manage their money. The most flexible and reliable program out there is Microsoft Excel.
There are many programs to help you manage your finances but Excel has been there since the beginning. If you can find a quality spread sheet then you will be equipped with the tools you need to track your money effectively.
After trying several spreadsheets out I couldn’t find one that had everything I wanted. The best thing about Excel is the freedom and flexibility to making something from scratch. However, this is also the worst thing about finding an Excel spreadsheet to help you manage your money because you never know what you’re going to get when you try out a new template.
Since I couldn’t find what I wanted I went out and made it. I’ve looked at several spreadsheets. Many of them were ugly, had bad directions, or didn’t help me visualize where my money should be going. After looking at all the pros and cons I’ve decided to base my spreadsheet on MONEY magazines paycheck pay out percentages. MONEY magazine has a paycheck break down, which you can see here.
The spreadsheet I created has this breakdown presented in a pie chart. Everyone has a different story though, so MONEY’s recommendations are just that, recommendations. So that is why I made another pie chart for you. You can move the percents around a little bit to best fit your lifestyle but don’t stray to far from the recommendations. Try to stay within 5-10% in each category if you can. I like the percentage breakdowns because percentages don’t care how much money you make and thus they apply to everyone. As you get promotions and raises in the future the percentage goals you’ve made won’t change, just the amount next to the dollar sign.
After you make your own pie chart some of the numbers on tab two automatically get filled in for you. The second tab is a more zoomed in look at each category. The categories MONEY came up with are pretty broad and tab two breaks them down. Tab two allows you to see from month to month if you are on budget in each category.
This is a pretty simple spreadsheet. It doesn’t get into a lot of messy stuff like taxes and such. This is a basic approach to seeing where you want you money to go and tracking it to see if you are on budget.
This budget spreadsheet works for me but I want to know what you think. Drop me an email or comment if it works for you or if you have any suggestions.
If you prefer new school technology to set a budget then I’ve got a post for that too.
Get it for free by clicking this button and sharing the wealth on Facebook or Twitter.
With the Dow Jones Index currently around 6700 points today, its lowest point in nearly 12 years, I hate to say “I TOLD YOU SO!”Oops, I guess I just did.
However, although I am not a big fan of investing money in mutual fund-based investments, like 401(k)’s, IRA’s, etc, I NEVER want people to suffer heavy losses that compels them to wake up and listen to what we are teaching. Nevertheless, loss does cause us to question our assumptions and explore new, and more effective, possibilities.
I had several clients last year (when the Dow was around 11,000) ask me about what I felt the market would do. I told each one of them that even though it seems irrational (at that time), expect the Dow to tank somewhere near 6000, and quite possibly lower because a Depression IS coming. Some took action while others did not. The ones that took action, even when it hovered around 8500, are smiling much bigger now that they took their own initiative to reallocate to safer funds.
For those that still question whether to get out or what to do, I will have you answer the following questions so you can decide for yourself:
Do you KNOW what the market will do next?
Do you keep hearing financial “experts” telling you to stay in for the long haul, although the long haul seems to be getting longer?
Can you make the markets go up?
Are you only investing in these because someone, like a financial planner or HR representative at your company, told you it was a “wise” thing to do?
Will these vehicles REALLY help you retire well?Watch “The Retirement Titanic.”
Are you “in the dark” about what is the best investment for you?
You are not alone if you couldn’t answer these confidently. Will you wait for it to drop further before you do something? If you have more questions, feel free to comment, email me, or Dale, at firstname.lastname@example.org or email@example.com.
I can’t stand to see people getting taken advantage of. I think that I one of the reasons that I decided to stay in insurance and finance even after the market crash of 2008 when it became really hard to make money but you got to see first hand the financial concerns people are exposed to if they are “Ill advised” and there is a downturn in the market.
I few months ago I had an appointment to go through someones health insurance to see if I could save them money. The first appointment went great and I was very excited to see what I could do for her and her husband. She mentioned that her mother was a registered representative and that she sold stocks. One of my goals is to make dealing with insurance and finance as transparent as possible. So I asked her if she would like to bring her mother along on our next appointment and she agreed.
I arrived at Starbucks and her mother was there first and immediately started giving me the third degree; like who I have worked for, who I was contracted with and so forth which is fine. I am used to that. But then she asked me if I sold annuities and I said yes. She said what kind. I probably should have gotten into how I love the new hybrid annuities that allow you to participate with gains in the market without the risk of loss to accumulate money that would provide the client with an increasing income for life, but instead I just said “I sell all of them except variable annuities. Her mother explained that she loved selling variable annuities especially to old people. She said that the selling point was that with the variable annuity if you didn’t use it all, it passed directly to you heirs and the death benefit was tax free and the money bypassed probate (all annuities work like that). But here is the thing. Variable annuities are a high risk investment and have expensive management fees so registered representatives like to sell them because they are paid to manage them.
Here is the problem…a variable annuity is not something meant for an older person who is either in retirement or about to retire because you are exposed to market risk and the fees are very high. Than means if there is a downturn in the market the variable annuity loses principal and if the annuity is being used to provide an income in retirement, your income can be decreased by as much as 40 to 60%. So I asked her if her clients ever worried about losing money. She said she when there is a downturn in the market and they lose their money she just tells them “You got hit by a bus” and that it was typical and there was nothing you could really do about it. If she would have initially asked her client what her risk tolerance was, she may have told the adviser that she didn’t want her principal exposed to market risk. But I got the feeling that this woman was very good at avoiding and rolling over her clients questions so she could sell her clients whatever she wanted to sell them. Had the woman known better (client) she would have known that there are other types of annuities that have most of the same benefits that make an annuity attractive but there are safer ones with less fees more suited to someone who is retired or about to retire. But that is an insurance product and she couldn’t get paid on it so she influenced the women to make a financial decision that was not entirely in her best interest.
All I could think of was that if that woman only knew what her options were and purchased a hybrid annuity, when the market tanked not only would she not lose money, but she would be able to take advantage of dollar cost averaging once the market started going up again and actually have her income INCREASE instead of getting hit by a bus and losing half her income.
That is why it is more important than ever to work with someone you can trust who is going to ask you the right questions as opposed to selling you the flavor of the month stock that they make the most money on.
This may sound kinda corny but that is why I am so passionate about providing people the the information and resources that will allow them to make financial decisions that are in their own best interest.
If you or any one of your family members has questions about their current financial strategy, please feel free to give me a call to go over your planning and make sure it is best suited to navigate the financial landscape of the 21st century and is in YOUR best interest.
With the plans and strategies available today, there is never any reason to expose yourself to getting “hit by a bus” provided you don’t play in traffic.