Saving, investing and making money with technology

Day: January 19, 2018

Key Signs of Bankruptcy You May Not Be Aware of Before It’s Too Late

Disclaimer: All the information that you’re about to read below points out some key signs of bankruptcy that you may not be aware of before it’s too late. It isn’t supposed to replace traditional advice as provided by a licensed lawyer who you should contact right away.

You may have borrowed money before from someone you know after getting caught in an emergency situation that left you strapped for cash. You may also have used your credit card to buy something you urgently needed, or you may have taken out a loan on your car or even your house. Whatever the circumstances that led to you incurring some debt, there’s absolutely nothing wrong with it as long as you can settle it. However, if all your debts have begun piling up and you’ve already exhausted all repayment options available at your disposal, you have to watch out for some key signs of bankruptcy that you may not be aware of before it’s too late.

Some Signs of Bankruptcy to Watch Out for That You May Not be aware of

Declaring bankruptcy is usually reserved for situations wherein the debt that you incurred has grown to the point of becoming unmanageable on your own. Thus, you wouldn’t want to file for Chapter 7 in which all your property that isn’t exempt would be seized and sold by your creditor to make up for the payments that you missed.

Neither would you want to file for Chapter 13 which restructures the payment plan that both you and your creditor have previously agreed upon that allows you to repay in smaller amounts but over a longer period of time. For you to not resort to declaring yourself as bankrupt, you would have to spot the following signs of bankruptcy that you may not be aware of and resolve them while you can still manage your debts instead of letting them sink you deep in financial ruin.

1. You’ve been paying only the minimum amount due indicated on your credit card’s monthly billing statement.

For those who don’t like bringing copious amounts of cash in public, a credit card is a more convenient option that doesn’t leave an unattractive bulge in your wallet. However, having a credit card entails anyone who applies for one to use it sparingly and responsibly.

● If you have a credit card yourself, you might have noticed that every billing statement you receive in your mail has a minimum amount due indicated in it. You shouldn’t assume right away that you only have to pay for your credit card’s minimum amount due every month.

● What you would want to do instead is to look for the total outstanding balance in your billing statement and make it a point to pay no less than that every month so that you won’t lag behind on any payments that you have to make to your credit card.

2. You don’t have a rainy day fund that you can use to bounce back from a huge financial upset.

If you only have one personal savings account where you’re depositing all your wages and bonuses that you receive in your job, you’re not managing your finances right. Settling for a single bank account can put you in an undesirable position should any unforeseen incident cost you a considerable amount of money.

● For you to fully recover in case you experience a major financial setback, you would need to open another bank account and designate it as your rainy day fund.

● Your rainy day fund should only be used for emergencies, so you should learn to control your spending habits as well by not withdrawing any amount from it.

3. A third-party collection agency has been incessantly calling you or sending you a demand letter to inform you of all the debts that you need to pay as soon as possible.

If several months had passed and you still weren’t able to pay back the money that you owe your creditor, they’d be forced to hire a third-party agency in charge of making sure that you shape up financially for you to be able to repay all your debts.

● While a debt collection agent would gently remind you at first over the phone about the money that you owe your creditor, their calls might eventually get more and more urgent and stern in tone if you’re still skipping on your payments.

● The debt collection agency that your creditor had hired can also mail you a demand letter asking you to pay all your debts back or risk facing a lawsuit in which you’ll have to go to court and defend yourself. Having some debt to your name is fine as long as you can pay back the money that you owe. However, if your debts have been accumulating at an alarming rate until you can barely keep up, thoughts of filing for bankruptcy may have crossed your mind. But before you can declare either Chapter 7 or Chapter 13 bankruptcy, you should first identify some signs of bankruptcy on your end that you may not be aware of and address them before it’s too late. And to help you fully conquer your insurmountable debt, you would want to discuss your current financial state with a lawyer who can assess further if you really have to file for bankruptcy instead.

 


Cecille Cunningham

Cecille Cunningham loves writing for the common reader, especially on helping them make sense of various topics on the law. She currently writes for multiple law firms. In her spare time she cooks for his family and friends.

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Use Your Smartphone to the Full: The Apps That Will Help You Be a Better Student

They say that the educational program is getting easier every year. However, there is still nothing easy about being a student these days. The pressure is as high as ever. The assignments are not getting shorter. Those who think that an average contemporary student spends most of his or her time procrastinating with a smartphone couldn’t be more wrong. Besides, bright students know how to use their devices to improve their performance. Here are five apps that will help you do it.

Make a Proper Plan: Todoist

You have probably heard of various planning systems. It has been proven by a significant number of users that the most effective one is GTD developed by David Allen. GTD stands for Getting Things Done, and it is as simple as that. One of the most notable features of the system is that it helps you get all the tasks out of your head and free your mind. Isn’t it what a student overwhelmed with studies needs?

Todoist is an app based on this system of planning. The first thing you come across using it is Inbox. You can dump all the tasks there or sort them by Projects.

The application is quite intuitive and user-friendly, which is why it is so popular with students. All the information is synced to all your devices immediately. Todoist is a free application, and the majority of its features are available out of charge. The Premium version also allows you to create tags and receive alerts.

Learn to Concentrate:Calm

Haven’t you noticed that sometimes you just forget to complete an assignment even if it is in your planner? Haven’t you ever checked twice whether you locked the door? Does it occur to you from time to time that you can’t recollect all the tasks you’ve completed that day? Do you want to become a more productive learner?

If so, Calm is what you really need. The app includes guided meditations on any topic. Meditation is no longer considered to do anything with spiritual practices. Successful people use it to reduce the level of stress and anxiety and increase the level of mindfulness. And this is precisely what Calm helps you to do. For a student, it is essential, as the research has shown that an average student can only concentrate for 10 minutes.

You can start with a general course of increasing mindfulness and then pick more. As a student, you will surely like ‘Mindfulness at College’ and ‘Focus and Concentration’ courses.
Mind that some topics are only available if you choose one of the subscription options: monthly for $12.99 or yearly for only $59.99.

Keep Your Documents Safe: Dropbox

A writing assignment can be exhausting. Imagine you have spent several sleepless nights on researching, writing, and editing. You are so close to the desired credit. But you just can’t find it or, what is even worse, you haven’t saved it! Can happen to anybody? Not to those who use Dropbox.

Besides storing all the documents and syncing them on all your devices, the app allows to share documents and other files with others and work on them together. Peculiarly, students don’t often appreciate such features, as they don’t want to spend their time on convincing others to download an app they use, even if it is excellent. Surprisingly, a person you can share your paper with through the app doesn’t have to have a Dropbox account!

Note that the free storage is somewhat limited, but in this case, a subscription is really worth the money you’ll spend. These are not just papers that Dropbox will help you keep safe. All your photos, PDFs, blueprints, etc. can be stored long term. And you can use them even after your graduation.

Master the Academic Writing: EasyBib

It is an interesting tendency that a lot of students procrastinate with their writing assignments right when they understand they have to format them. The bibliography page may turn out to be torture even for those who are pretty good at writing.

EasyBib (Easy Bibliography, obviously) makes the process of formatting EASIER. Your references are structured automatically for free. Please, keep in mind that the app only deals with this part of your work. If you have serious issues with formatting the whole paper, you’d better turn to professionals, like EssayWriterSite and others.

Get Higher Grades and Save Money: Chegg

The cost of education is really high today. Besides paying for college, it includes many other expenses. One of them is buying textbooks. The total cost of those may exceed $1000! Although some books you should purchase and have them at hand at all times, others you won’t need when the semester ends. That is why you should really think what you can do about it.

One of the best solutions is using Chegg. The application allows you to find people from whom you can rent textbooks. Besides, there are many options for buying books with a significant discount with the help of Chegg.

However, the features of the application are not limited to the described above. You can get help with your homework, find a professional tutor, and get information about scholarship and internship options – all in one place!

Author’s Bio:

Kevin is a professional educator and a private tutor with over 8 years of experience. He is also a content writer for various blogs about higher education, entertainment, social media & blogging. During his off time, Kevin enjoys traveling and cooking. Feel free to connect with him on Twitter, Linkedin & Google+.

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Business And Artificial Intelligence Learning

You know when you learn how to grow your business it isn’t just a worthy goal; growing your business is often a necessity for your business’s survival and your economic well-being. And what can you do to get your business beyond the bare sustenance level? What can you do to turn it into the income-generating powerhouse you envision? You can try one or more of these growth strategies. All have been successfully used by other businesses and, with some planning and investment, will work for you.

According to the Project Management Institute, project managers are change agents who use their skills and expertise to inspire a sense of shared purpose on a team. They work well under pressure and can shift between considering the “big picture” and the focusing on the details. A project manager can be an asset on every project that involves multiple people, whether it’s a home renovation project, a small business collaboration or a personal project.

How to Grow Your Business: Tried and True Ways

A good project manager is highly organized and has an exceptional ability to follow through. If you are considering starting a project management business, here is a look at the pros, cons and where you can get more information on how to get started.

When you think about how to grow your business, the first thing that probably comes to mind is getting new customers. But the customers you already have are your best bet for increasing your sales; it’s easier and more cost-effective to get people who are already buying from you to buy more than to find new customers and persuade them to buy from you. See 6 Sure Ways to Increase Sales and 10 Low-Cost Ways to Promote Your Business for more.

The Artificial Intelligence (AI) and Machine Learning are projected to become mainstream technologies in the coming years, and are definitely already having a big impact across many industries. How exactly is this happening? How are Data Scientists using their skills to develop better Machine Learning algorithms? Where are these innovative technologies going in the future? Andrew Charlton an economist and co-founder of AlphaBeta. author of Fair Trade for All, Ozonomics, Man Made World, and Dragon’s Tail, has had a big impact on the Australia’s economy.

And you know with the rise in the implementation and usage of once revolutionary technologies/trends like Big Data, the Internet of Things (IoT), or the Cloud, Machine Learning (ML) and now Deep Learning (DL) are gradually moving into mainstream business corridors. Traditional business graduates can now think of becoming a Data Scientists as well, since many University programs are offering these courses as part of their business curriculums. The modern Data Scientist, armed with the power of an open source, algorithm economy, are becoming important parts of numerous organizations around the world.

The Harvard Business Review article titled How AI Fits into Your Data Science Team claims that Artificial Intelligence and Machine Learning will soon take the status of the ICE engine by bringing in sweeping changes to our everyday lives. The transformative power of AI and ML have already been perceived in customer service (digital assistants), in telemedicine (assisted patient care), in banking and finance (robot sales representatives), or in manufacturing (robot assembly-line workers).

When you move into a business office

Well, as AI technologies gradually started moving toward statistics-enriched solutions, the biggest stumbling block that surfaced was limited data. The recent emergence and rise of Big Data, IoT, and Data-Technologies-as-a-Service all jointly contributed to the meteoric rise of Artificial Intelligence and a widespread, packaged Machine Learning algorithm culture.

And the biggest beneficiaries of this culture are the mainstream business users, who can now begin to accomplish their tasks without the help of a Data Center, and in some cases even Data Scientists. However, the last statement in no way indicates that Data Scientists will soon become redundant. In fact, Data Scientists will be required to intervene when advanced data solutions or unique data solutions must be designed to accomplish complex business goals.

A Forbes blog post titled The Rise of AI Will Force a New Breed of Data Scientists suggests that the new role of the Data Scientist will be more of an facilitator, rather than that of a data cruncher. The Data Scientist may evolve into Machine Learning expert, stepping in when packaged models fails to deliver

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