Saving, investing and making money with technology

Tag: finance

Understanding How to Start an Ecommerce Eco-Friendly Clothing Store

In the 21st century, our society has undergone a major transformation, and the changes that have been evident have totally revolutionized the world. The modern era has been the time of the Internet and other web-based technologies, and the web has been the driving force of the changes that our modern world has experienced. It has become clear how important technology is throughout a variety of spheres within our civilization, and one of the most critical of these has been in the economy.

The 21st Century Economy

The economy has experienced a massive alteration in recent years, and as it continues to become more involved with the web, it will become even more evident how much change has truly occurred. One sector of our world where the Internet has truly had an impact has been in the economy, as a multitude of new fields have developed in the wake of the rise of the web. One of the most important of these novel industries is ecommerce, as this field has transformed the retail marketplace. Billions of dollars are spent every year on ecommerce, and while the majority of this business is done by Amazon and other large ecommerce companies, millions of people around the globe run their own ecommerce stores. If you are considering running your own ecommerce store it is essential that you choose a solid product niche. An excellent product niche for ecommerce sellers is eco-friendly clothing, as this is a hot item that sells very well.

Learning about Modern Ecommerce

As the economy has become more intertwined with the web, ecommerce has grown to become a top industry in the retail marketplace. Running an ecommerce store has become a popular way to earn a living in the modern era, and eco-friendly clothing is a fantastic product niche that will ensure excellent sales. Eco-friendly clothing is popular because consumers like to buy goods that have a positive benefit on the environment, as it makes them feel good about their purchase. One of the most essential elements of running an ecommerce business is learning the fundamentals of selling and marketing, so it is critical for you to understand this facet.

Marketing Your Ecommerce Business

There are numerous ways to ensure that your ecommerce company is successful, and utilizing effective marketing tactics is one of the most critical of these methods. Your eco-friendly clothing store will not sell out by itself – you need to invest in top ecommerce infrastructure that will help with this. An ecommerce platform that has a marketing mix with tactics like SEO, email outreach, campaign creation with Google Smart Shopping and Facebook Ads, and more, will help your business to grow. Along with these facets, you will also need to build up your business’ social media following, which can be done by interacting with potential customers on Facebook, Instagram, Twitter, and more.

Final Thoughts

While there are numerous ways to successfully run an ecommerce business, you need to have a great product niche, like eco-friendly clothing if you want to be lucrative. Along with a great product niche, marketing tactics help to grow an excellent ecommerce store.

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How Your Digital Marketing Firm Will Benefit from Hiring Millennials

Since the start of the modern era, it has become evident how much our society has changed in recent years. Our civilization has experienced a major impact due to a multitude of facets, and one of the most critical of these has been the rise and mass adoption of the Internet all around the globe. There are so many alterations throughout our society that have been spawned from the rise of the Internet, and many of these have been experienced within the economy. The modern economy has changed significantly, as the Internet is now a part of all industries. Along with the integration of the web into the business model of all fields, there have also been many new fields that have been spawned from the web as well. One of the most essential of these new fields is digital marketing, as this helps all business to grow their online presence. Running your own digital marketing agency has become an increasingly popular career choice, and if you want to be successful in this field, you need to have millennial employees working for you. Millennial employees can do so much more than their older peers in digital marketing, as this field is tailored specifically to their skill set. In order to understand why millennials are so perfect for digital marketing agencies, it is essential for you to learn about their culture and how they will benefit your business.

Comprehending Millennial Culture

Before understanding how millennials will benefit your digital marketing company, you need to first learn about their culture and lifestyle. Millennials were born in the early 1980s to the mid-1990s, and grew up in an era of economic turmoil. This has been integral to their experience, and has also led to them having a more inventive way of viewing work. Their ideology is more dynamic, and while they often catch a lot of flack from older generations for being lazy, the truth is that they know exactly what they want out of their jobs and understand how to obtain it. They are also extremely well versed in technology, having grown up with the Internet and other modern tools. These elements make millennials prime candidates for building up your digital marketing company.

What Millennials Will Do to Help Your Digital Marketing Company

Operating your own digital marketing agency is no simple task, and if you want to have the best business possible, you need to invest in hiring millennials. Millennials understand the Internet, and they know what people who use the web want out of their experience online. Working with millennials will allow you to see how their dynamic thinking can help to market your clients to a vast audience. Their command of technologies like social media, SEO, and other outreach methods will astonish you, and will ensure that your digital marketing company can thrive. Between their mentalities and their technological prowess, millennials are sure to boost your digital marketing agency.

Final Thoughts

While operating a digital marketing agency comes with a variety of challenges, having your business hire millennials will ensure that you are successful. Millennials’ dynamic thinking and their technological skills will ensure that your business can do well in the digital marketing economy.

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5 Rare Known things about GST

GST, or Goods and Services Tax, is one indirect and destination-based tax for the entire country. As per the GST, the tax is applicable at every point of sale. The main objective behind its implementation was to make a uniform tax system in the country. GST has also increased the total tax collection of the Indian government.

Let us have a look at five rare known things about GST, or Goods and Services Tax.

1. GST slabs

A great worry is the complexity of different GST slabs and numerous cesses which are completely different from simpler tax structure in other countries. Various shop owners are worried how they would maintain bill books due to the variety of tax slabs.

Let us understand the complexity with an example. There are multiple rates for different services in a restaurant – AC or non-AC, luxury category etc. A GST of 5% is paid by restaurants with turnover of less than Rs. 50 lakh. While the restaurants having turnover more than Rs. 50 lakh with no ACs will have to pay a GST of 12%.

2. Increased growth rate

After the implementation of the GST, the export of goods and services has become competitive due to nil effect of taxes done on goods and products. If we go by a research, GST is a crucial part of the growth in Indian Economy.

GST has increased the GDP and also the tax experts say that the growth has also increase around 1 to 2 percent. All this growth will increase the job opportunities along with increasing the productivity at the same time.

3. GST as per Indian Constitution

The Constitution 101st Amendment Act got the presidential assent on September 08, 2016. This act has created way for the introduction of the Goods and Services Tax by making some special provision with respect to the tax.

The GST is basically a VAT which is an indirect tax levied on manufacture, sale and consumption of goods and services at the national level.

The entertainment tax imposed on movie, theatre is subsumed in GST but the taxes on entertainment at district level will continue.

4. It was proposed way back

The Goods and Services Tax is a very old concept. They claim that they wanted to make this policy and implement it for the betterment of the country.

It was proposed by Vishwanath Prasad Singh in the year 1986 with a name of MODVAT which is a short of ‘modified value added tax’. He proposed this policy so as to abolish the different types of taxes imposed during the inter-state movement of commodities such as central excise duty and service tax.

5. Types of GST

GST is a destination-based tax as it is levied at the place where the supply of goods or services is done. Let us have a look at different types of GST.

SGST or State GST is levied on all intra-state supply of goods and services.

CGST or Central GST is levied by the Central Govt. on supply taking within a state.
IGST or Integrated GST is levied on inter-state supply of goods and on imports. It is first collected by the Central Govt. and then given to the states.

UTGST or Union Territory GST is levied on the supply of goods in the Union Territories of India.

GST, or Goods and Services Tax

Final words

These are some of the rare known facts about GST, or Goods and Services Tax. By now, GST has got the attention of every citizen of India as they are impacted by the rules set in the GST Act. Have any questions about GST and GST software? Feel free to ask us in the comment box!

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Alamo Associates: The Best at Lowering Interest Rates

You know, ” I’d like to start saving money, but I’m not sure if I can afford it right now” can be a common thought when starting your career with an entry-level salary. But, the good news is, you can start saving. And the great thing about it, is, it just takes some creative thinking and a plan for making extra money to kick-start your savings. And well, In today’s economy, side jobs are a common way to earn extra income. They provide flexible money-making options and can even help you grow professionally.

Alamo Associates is a great company that is prioritizing what clients need by offering a single monthly payment with low interest rates.

Please call them toll-free at 1-800-220-0581, if you have any questions regarding your low interest rate credit card debt.

Find Your Hobbies, Think about Your Passions

We all know, that side jobs can be done remotely—this means lower startup costs and faster earnings. Use your skills, do something you love or provide a service. And here are some ideas to consider:

Tutoring online. Use your knowledge to help students of all ages with languages, science or math.

You can drive for a rideshare service. After you apply, simply download the app and wait for the ride requests to come in.

Try working as a virtual assistant. And you can start by helping business owners by handling administrative duties like sending emails, doing research or scheduling meetings.

Pet sitting or dog walking. Check out apps or websites that connect you with pet owners who need your services.

Start a Catering Service. Channel your love of cooking into menu planning and hosting events.

Blogging or freelance writing. Just take a look for websites that connect businesses with writers on a per-project basis.Transcribing. Turn your super-fast typing skills into transcribing notes from meetings or podcasts, as well as providing closed captioning for TV shows or movies.

Selling stock photography or video. Individuals and businesses will pay you to take photos or shoot videos for them.

Get Higher-Than-Average Interest Rates When You Open a New Account

Reach Your Savings Goals Faster with a High Interest Rate Bank Account
High-yield savings, Money Market, and Certificate of Deposit account rates can help you grow your savings at a higher rate than those available for traditional savings accounts. Putting your money in a high-yield account can really make it grow fast — don’t underestimate the advantage of even a small percentage hike when it comes to interest.

What is a CD?

A certificate of deposit is a safe investment option with predictable returns and a guaranteed return of your principal investment when the CD matures. Certificate terms vary but generally last from a few months up to five or 10 years. Investing in a high-yield CD can help you achieve a number of financial goals, such as saving for a new car, by reliably growing your savings.

How student loan refinancing works

When you refinance student loans, you manage your existing federal and private education loans into a single loan. This new loan does not have an origination fee and typically has a lower interest rate. You can often choose between a fixed or variable rate loan when refinancing.

There are many reasons to consider refinancing your student loan debt

Lower your interest rate

Customize your loan payment

Combine multiple loans to simplify your payments

Choose your loan term

Improve your customer service

Remove a cosigner

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Taxconnex: Sales Tax Service Done Right

Everyone should know the rules of the road. Sales tax is one of the largest sources of state revenue and is crucial to basic government operations. Governments are struggling to fill post-recession revenue gaps, and are increasing the types of goods and services that are subject to sales tax.

Ecommerce tax refers to the sales tax associated with an online sale. Sales tax is a small percentage of a sale tacked on to that sale by an online retailer. Sales tax is a “consumption tax,” meaning that consumers only pay sales tax on taxable that items they buy at retail.

The products, services, and transactions subject to sales tax. Products and services subject to tax. Sales and use tax (sales tax) is applied to: tangible personal property (unless specifically exempt); gas, electricity, refrigeration and steam, and telephone service; selected services; food and beverages sold by restaurants, taverns, and caterers.

Sales and use tax changes come at you from every direction. Let them, knowing you have highly accurate tax calculations based on the latest rules and rates in our system.

We all know sales taxes are state-driven. And that’s because, sales taxes are imposed by states on transactions involving products and services sold by businesses who have a sales tax presence (called a tax nexus) in that state, and that’s great sales tax solutions. Your home business is a tax nexus because it’s located within the state.

TaxConnex is America’s leading independent sales and use tax outsourcing and consulting firm, they were founded on the principle that service is important and that clients deserve more than a sales tax factory. So if you want great sales tax service you can count on TaxConnex.

And most states collect sales taxes on products on services. Five states – Alaska, Delaware, Montana, New Hampshire, and Oregon – do not collect statewide sales taxes. Of these, Alaska and Montana allow localities to charge sales taxes. (From the Tax Foundation).

As we all know sales and use tax exemption rules for nonprofit organizations vary from state to state. So you need to have a good tax filing service. The home state of the organization as well as the type of organization are the primary determinants of exempt status. They give you great sales tax support. It is important that nonprofits understand the rules and regulations specific for their organization to avoid a state sales tax audit.

And you, in addition to the taxable services noted above, other types of sales that may commonly be considered “services” are taxable as the sale, processing or remodeling of tangible personal property. For example, tax is due on charges for manufacturing, assembling, fabricating or processing products, even when the customer provides the raw materials, tools or equipment.

Retailers or facilitators collect sales taxes from purchasers as trustee for State. The sales tax imposed by this article is intended to be passed on to the purchaser of a taxable item or service and borne by the purchaser instead of by the retailer. A retailer must collect the tax due on an item or service when sold at retail price.

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Sales Tax and Compliance

You know, sales tax has turned into the Wild West not just for internet retailers, but also for brick-and-mortar stores, manufacturers, and wholesalers alike. With over 10,000 sales tax jurisdictions in the United States, almost any company selling across state lines needs to be analyzing its sales tax compliance. The question is: What are you and your clients doing about collecting sales tax for sales across state lines?

Companies that do business across state lines are beginning to wade through the complexities of the standard set by the South Dakota v. Wayfair, Inc., decision.
As a seller, you’ll now be subject to the tax laws of each state you sell goods or services in, a complete reversal of the previous rules. Adding to the complexity, each state has different thresholds and rules by industry and product. This likely means that no two companies will be affected in the same manner.

Where Economic Nexus is Headed Post Wayfair

As most states are expected to outline similar rules for how they charge and enforce sales tax before the end of 2019, it’s critical to understand the implications for your business now—especially if you’re a service provider or you operate remotely. Determine whether wayfair nexus rules are applicable. Be aware of sales dollar and transaction volume activity. Consider your jurisdictions and whether there are prior period obligations and/or effective …

And prior to the ruling, the sales tax compliance burden could be controlled by limiting activities in certain states, and sellers without a physical presence in a state didn’t need to incorporate sales tax into their transactions. Now, sellers need to consider the potential tax implications of each state they do business in.

In the 1980s and 1990s, states attempted to get companies to collect sales tax on transactions into the state. These companies were predominantly located out of state and were making sales via mail or telephone calls. The companies were not collecting sales tax on the transactions. The states were less than pleased. One state, North Dakota, passed a law requiring any company engaging in “regular or systematic” solicitation in the state to become registered for and collect sales tax. In 1992, the U.S. Supreme Court held a company needed to have a physical presence (employees, property, or offices) in a state before the state could require the company to collect sales tax. This landmark case was Quill Corp. v. North Dakota, 504 U.S. 298 (1992).

And if a business does not have any taxable sales in a state, if it has nexus, the business must still register for a sales tax license and file a return showing no taxable sales were made. Step 4: Calculate Tax Rates When a company determines its products or services are taxable, it must collect sales tax.

Next, a business must determine whether the products and services the business sells are taxable. Each state has different rules pertaining to the taxability of the products and services sold to residents of the state. Even if a business does not have any taxable sales in a state, if it has nexus, the business must still register for a sales tax license and file a return showing no taxable sales were made.

There’s little doubt your e-commerce clients will feel the impact of the Wayfair decision, but as the states either introduce or dust off their economic nexus rules for remote sellers, one area where the state rules diverge is their measure of economic thresholds.

Measuring the Economic Nexus Threshold

The economic nexus allows the states that embrace it to compel vendors from other states to collect their state sales taxes; previously, they could not be similarly compelled under the physical presence standard.The recent U.S. Supreme Court decision in the South Dakota v. Wayfair case opened the door for states to broaden the reach of their sales tax net. The new focus on in-state revenues versus in-state physical presence means many retailers that previously were not compelled to collect remote state sales taxes must now do so.

We all know when a company determines its products or services are taxable, it must collect a sales tax on each purchase. In most cases, the state, county, and city jurisdictions will all impose a different tax rate for taxable items. Therefore, a business must be aware of the jurisdiction rules of each state and local authority. For instance, a company should determine whether a state imposes tax on where the sale took place (origin jurisdictions) or where the product was delivered (destination jurisdictions).

And a business should maintain internal records tracking the sales made, the amount of taxable transactions, and the amount of non-taxable or exempt transactions. Each state has their own statutory requirement for how long records need to be retained, and we recommend 4-7 years. Furthermore, a business must keep in its records any exemption certificates a purchaser has supplied as proof the customer’s purchases were not subject to sales tax. This will be important if the business is audited.

The Online Sales Simplicity and Small Business Relief Act of 2018 would protect small remote sellers and prevent retroactive taxation. The Protecting Businesses from Burdensome Compliance Costs Act of 2018 would require states that want to tax remote sales to have a statewide uniform tax …You know, sales tax has turned into the Wild West not just for internet retailers, but also for brick-and-mortar stores, manufacturers, and wholesalers alike. With over 10,000 sales tax jurisdictions in the United States, almost any company selling across state lines needs to be analyzing its sales tax compliance. The question is: What are you and your clients doing about collecting sales tax for sales across state lines?

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Why Dynamics CRM Is the Only Skill You Really Need?

Dynamics CRM

As we all agree on the statement that modern technology has really grabbed the whole world by its positive factors. It has really provided the best and authentic solutions to deal with any type of thing in a better way. If you are running your business in the market, you definitely need to follow modern rules to run your business in the market. You also need to get know that everything should have to run on a successful track which is really very important and compulsory to follow by all means.

There are different types of strategies which we can apply in the business field respectively. The best way is to utilize authentic and professional solution which has introduced by Microsoft respectively. If currently, you are managing your business in Dubai, then you have a choice to utilize the best and authentic services of Microsoft Dynamics partner in UAE respectively. It is very much effective ERP solution which will definitely guide your business well and you will also get the real-time benefits of utilizing it respectively.

Here we will let you know about those benefits which will clarify why Dynamics CRM is the only skill which you really need for the business use.

Efficient in reporting

It is really very important to get authentic and accurate reports from the business regarding its current position. You can better utilize Dynamics CRM in the business which will generate every type of business report for you to update you completely by all means. Before this amazing solution, it was not possible to maintain accurate reports for the business without having any error and mistake in it. The thing has completely understood that Dynamics ERP solution is the only better solution for the respective task which will provide you authentic results of gathering reports from different sections of the business.

Cloud storage solution

With cloud storage solution it will definitely protect your business from all types of internal issues of data saving. Data handling is quite an efficient solution in utilizing the cloud storage services introduced by the Dynamics ERP solution. It will completely secure data and information on the cloud and you also have an option to extend the data storage plan according to your demand and need. It is the most impressive options you may ever get from the ERP solution for business use.

Efficient solution for the business finance

Handling business finance is quite an important thing which you can only get through utilizing Dynamics ERP solution respectively. Handling the finance section of the business is quite an important task to handle efficiently. Moreover, you will get complete assistance regarding any type of problem from the Dynamics ERP solution by all means.

Friendly solution for the business

No doubt, Dynamics ERP solution is very much friendly in use and it is the best source to train your employees according to the modern demand and requirements. Moreover, you can also get in touch with the business through remotely operation solution. It is the finest solution you may ever get from modern technology. It will provide you the better chances to deal with any type of situation anytime without any hassle respectively. This is why people across the world really prefer to utilize Microsoft Dynamics CRM service Dubai for their business respectively. It is comparatively a better option in all solutions. It will definitely gather your business at a single place in which you could really feel satisfied by all means. This would be the exact time to change business strategies with the new one respectively.

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Endurance: Acura Extended Warranty Plans

Every Acura owner drives off the lot with their luxury marquee backed by Honda’s industry-leading factory warranty, but though this warranty is thorough and Acuras are built a line above basic Hondas, every car breaks down eventually. Acuras are not excluded from this natural progression, but unfortunately, the break typically happens after Acura Extended Warranty has expired. This combined with the fact that Acura’s are more expensive to fix than the average Honda makes for a costly repair.

This is why Acura has created vehicle service contracts – or an extended warranty – for Honda Acura vehicles. Since Acuras typically reach a higher mileage and last longer than other Hondas, Acura’s extended warranty, Endurance, is something that all Acura owners should highly consider.

How does Endurance work?

If you purchase the Endurance warranty, that means that the doors of any Honda or Acura dealership are open to you, nationwide. You can also take your vehicle to any Acura-approved dealership, but if you go somewhere other than what is allowed in the contract, you will lose your coverage. Endurance makes a way for both new and used vehicles to be cared for by certified mechanics.

What’s the difference between an extended warranty from a dealer and Endurance?

Our program is called “Elite” for a reason. The Endurance Elite Membership offers much more peace of mind than most other warranties you’ll come across. You have total protection, 24/7 roadside assistance, and up to $5,000 in repair loans that you can repay easily and simply through payment installments. We make it even easier to access your account and stay in the know through our Endurance Protect App.

How much does an Acura extended warranty cost?

All of Acura’s vehicles are guaranteed to last long and be highly reliable. The Acura RDX, for instance, is not only Acura’s best-selling new vehicle, but it is also one of the top resale vehicles in the market today. Compared to other luxury marquees, its mileage ratings are excellent.

However, it’s because of their longer lifespans that Acuras necessitate the Endurance Elite Membership. Many owners find that significant repairs occur long after the manufacturer’s warranty has expired, and since Acura is a premium brand, these repairs can make some serious damage to your bank account. For example, an alternator replacement can cost anywhere from $295 – $1,499, a water pump from $323 to $1,805, and a head gasket replacement from $362 to $1,631; these three repairs are the most common for Acura cars, no matter which model.

Acura’s are excellently made cars that last longer and work better than most others, but no matter how well a car is made, it can and will break down eventually. Acura is no exception, and more often than not, these breakdowns happen unexpectedly. It’s likely that the cost of an extended protection plan will be significantly less than these fixes without a plan in place.

What extended car warranty covers the most for the best price?

You’ll find four different Endurance coverage plans. The Supreme Plan covers everything while the Select Premiere exempts power items such as brakes, steering, and gaskets. We realize that each individual has different needs, so we’re happy to work with you to provide the best plan for your car and lifestyle.

What types of charges does Endurance exclude?

We go above and beyond in providing the best and most extensive coverage for all of our customers. You can find a thorough list of any of our exclusions when you check out each plan and their sample contracts.

How do I get a quote for an extended car warranty?

Getting your own individual quote is simple and easy. Just fill out your vehicle information, phone number, and email on the Endurance homepage to get a free quote in minutes.

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Keel Associates Review

Debt consolidation loans are used to pay off and simplify existing debt by consolidating multiple payments and accounts into a single account with one lender and payment. They are a specific type of personal loan.

Depending on your creditworthiness, you may be able to receive a lower interest rate on a debt consolidation loan than you are currently paying on your debt, saving you money on monthly payments and overall interest. Do you need your credit fixed and ways to get out of debt just call Keel Associates, they can really fix your and get you out of debt.Another option for lowering your monthly payment is with a long loan term. However, a longer loan term means you may pay more interest total.

Typically, debt consolidation loans can be used for unsecured debt. Common types of debt that a debt consolidation loan can be used for include:

Credit cards

Medical bills

Personal loans

Payday loans

This guide explains how debt consolidation loans work, how you can apply for and receive a debt consolidation loan and recommendations for the best debt consolidation loan companies.

How Debt Consolidation Loans Work

There are two types of debt consolidation loans: secured and unsecured. The primary difference between the two is that secured debt consolidation loans use collateral, while unsecured loans do not. Unsecured loans are more common, but you can use a secured loan for unsecured debt, such as a home equity loan used for credit card debt consolidation.

Secured debt consolidation loans. Secured debt consolidation loans use collateral, such as home equity used to secure a home equity loan, and generally have better interest rates than unsecured ones. If you have the collateral and can meet the requirements, a secured loan may save you money on interest as you pay down your debt.
Home equity debt consolidation loans, a type of secured debt consolidation loan, offer a fixed interest rate. Interest paid on a home equity loan is usually tax deductible, while credit card interest is not. Keel Associates can get your credit card debt back in order. Please call them toll free at 1-800-650-4596, if you have any questions regarding your low interest rate credit card debt.

Home equity loans for debt consolidation can be risky, as your home may be foreclosed on if you can’t pay your loan. “The danger is if you eat up a significant part of your home equity,” says Gerri Detweiler, education director of business credit website Nav.com. “Make sure you have plenty of cushion in there so if something happens and you had to sell your home, or you had to move … you don’t end up losing your home.”

Repayment terms can be 10 years or longer, and if the value of your home drops during that period, you may owe more than your home is worth. If you’re facing bankruptcy, credit card debt is unsecured and typically discharged more easily than a home equity loan.
Unsecured debt consolidation loans. Unsecured debt consolidation loans don’t require collateral, and they usually have easier approval requirements than secured debt consolidation loans. Unsecured debt consolidation loans can have debt-to-income ratios of up to 50% and minimum FICO credit scores as low as 585.

Unsecured debt consolidation loans are offered online through banks and marketplace lenders. This makes applying for a loan convenient, and some providers offer instant approval online, so you can find out right away if a loan is going to work for you. And if you’re looking to get out debt give Keel Associates a call, because they are really good in lowering debt.

While unsecured debt consolidation loans can be easier to obtain and more convenient than secured debt consolidation loans, they generally have higher interest rates, so they are more expensive to pay down than a secured debt consolidation loan.

Will you be in debt when you die? The sad fact is that it happens to many Americans. According to Experian’s File One Database, 73% of American consumers had debt outstanding upon their death. These people had an average total debt of $61,554, including mortgage debt. After subtracting their home loans, they still had an average balance of $12,875.

How much debt do you have? Those Americans with credit card debt owe an average of more than $16,000. If you have this much credit card debt or more, along with a bunch of other unsecured debts, you’re probably asking yourself what you can do to get things under control. There’s a lot of information available on the Internet that could help. Search the term “debt relief” and you’ll get over 400,000 results. The problem is that many of these resources don’t address the problem. Some are just thinly disguised advertisements, and still others are the work of those trying to deceive.

National Debt Relief is ranked #1 for debt consolidation programs by Top Consumer Reviews and has a five-star rating on the review site known as TrustPilot. It’s Better Business Bureau accredited with an A+ rating and is a member of the American Fair Credit Council.
One of the best options for dealing with debt is a debt consolidation loan. National Debt Relief’s blog offers a number of good articles on this subject. Here is a synopsis of NDR’s top 10 articles on debt consolidation loans, with links to the complete articles. Read these articles to learn all about debt consolidation loans before choosing this option.

A debt consolidation loan is a new personal loan you undertake in order to pay off your outstanding credit balances.Keel Associates can really fix your credit card debt. The goal is to reduce the amount you’re paying on your existing high-interest debt by potentially saving money on interest and consolidating your monthly payments into a single payment that’s easier to manage.

A debt consolidation loan can also help you improve your credit scores over time. Because you only have to manage one debt payment each month, you’re less likely to hurt your credit history with a late or missed payment. Debt consolidation also allows you to reduce or eliminate your revolving debt, which helps you lower your overall credit utilization ratio.

If you’re wondering whether you should make the move, check out Experian’s guidelines on whether debt consolidation is right for you, and follow these steps on how to consolidate credit card debt.

Once you’re ready, visit Experian® CreditMatch™ to find the best debt consolidation loans for you. Debt consolidation loans carry varying terms and interest rates depending on an applicant’s creditworthiness. We’ve highlighted five of the best lenders for consolidating your credit card debt below. To find out if you’re a match for these lenders, sign up for a free CreditMatch profile.

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Small Business Finances – Spend Less and Gain More

Small business owners often realize that unexpected business expenses increase their overhead costs drastically. Here are nine effective cost-saving tips that will lower your overhead costs.

If you own a small business, you must be used to unexpected expenses popping up now and then. While these might seem negligible, add them up, and you will find that you have been spending a lot more than you expected. Or, you might also find yourself making expensive purchases regularly. Naturally, spending more money than you expect is not a feasible situation. Any small-business owner would want to save expenditures and ensure profits come in. While unexpected costs are to be expected, there are some simple ways to reduce these costs.

Invest in professional liability insurance

Professional liability insurance can protect your small business venture against claims related to mistakes, negligence, and misinterpretations. Any case against an employee or your business for unsatisfactory products/services can be taken care of with professional liability insurance.

Most professional liability insurances cover legal expenses, settlements, attorney fees, and costs/expenses related to judgment. Save your business from large expenses by investing in professional liability insurance.

Switch to technology

Today, technology offers benefits that were unheard of several years ago. You will find that it can help you save money. Technology today is easily available and can work without manual intervention – so you can hire fewer employees.

Technology, like online payment services, will make it easier for your customers to do business with you. Technology like teleconference services can save you travel expenses as most meetings can be conducted via these services.

Go paperless

When using paper, it is easy to forget about the additional expenses involved like ink, pens, pencils, erasers, staplers, staple pins, postage, mailing supplies, xerox machine, and xerox machine ink.

When you move to a digital invoice and billing system and use emails instead of sending letters/newsletters, your costs on stationery supplies goes down drastically. There will be less paperwork to be filed, which means your storage requirements drop down as well.

Market your business online

There are 5.11 billion unique mobile users and 4.39 billion internet users as of 2019. These numbers are growing exponentially by the day. When you market your business online, you could get your target audience’s attention quickly. Social media too makes online marketing campaigns very successful. You will spend less and gain more attention when you go online.

Cut traditional advertising to a basic minimum and concentrate on low-cost/free online alternatives. Also, instead of concentrating on simply advertising, focus on inbound marketing.

Reduce credit card debt

In the short-term, you can successfully and immediately reduce business costs by charging business expenses to a credit card. But, if you look closely at the interest rates and other fees associated with credit card use, you will find that they add up to a neat sum. If you reduce credit card debt, you can save costs on interest and other fees.

Manage your business cards more effectively. For instance, make use of rewards. Ensure you don’t mix your business expenses with personal expenses. Keep a record of all your business financial dealings. Review your business card statements immediately and regularly to ensure they are in order, and there are no discrepancies. Finally, ensure you keep an eye on your cash flow.

Cut down on office space

If you rent an expensive office space, you could consider moving to a more reasonably-priced one. Another option is to run your business from home and save money on taxes and utilities. Today, the number of work-from-home employees is on the rise. Getting employees to work from their homes rather than hiring an office is an efficient cost-saving solution.

If you are planning on running a home-based business, ensure that the zoning laws and other local bylaws allow you to conduct a business from home. Some neighborhoods are against home-based businesses. If working from home, ensure your family is not inconvenienced.

Cut down on staff

Employees need a salary, office space, insurance, and other perks. If your type of business has slow periods, you will end up spending more on staff and get nothing back in returns. Instead of hiring full-time staff, you could hire close relatives to help you with some aspects of your business. You could also get your spouse involved in your business venture.

Unemployed young people would be willing to do easy jobs for little money. You would also be helping them gain valuable work experience. Also, if you make use of technology in your business, you can cut down on staffing costs. Outsourcing your work can help you reduce staff as well.

Get sponsors for events

If you host regular business events to keep your old customers and attract new ones, you probably go the whole yard to ensure you leave a lasting impression on your audience. Some expenses might include an expensive venue, expensive food, and creating a lot of business material for your guests. These are traditional moves that, even today, successfully impress customers and potential customers. So, instead of cutting back on your events, get sponsors who will bear the costs related to the event. Look for businesses that can benefit from your business. You could trade your business services for their sponsorship.

Always negotiate with vendors

Vendors expect you to bargain. From stationery to coffee cups and more, don’t settle for the cost your vendors initially quote. Vendors rely on your business to keep their business going and are willing to negotiate costs just to ensure you continue to give them regular business. Perhaps you will get your products at a price that is even lower than your offer – you will never know until you ask. So, go ahead and bargain with your vendors.

When you find it hard to keep your small business afloat, even small changes will make a big difference to your costs. The sooner you make the changes, the quicker you will reap their benefits. If your small business is doing well, you can still make these changes and save costs.Small Business Finances – Spend Less and Gain More

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