With the Obama administration pushing for young people to “get covered” and the high cost of medical care otherwise, getting health insurance may seem like a no-brainer. However, if you’re young and healthy, getting insured might not pay off. Here’s why: 1. You may not be legally required to obtain insurance The Affordable Care Act, better known as Obamacare, includes a requirement to have health insurance by March…
Investment is studying the market trends carefully and yet not depending too much on past records of a particular stock that is showing up returns too good to last long. Investors make mistakes in not analyzing one’s risks properly, overdoing investment amount and showing impatience. As a newbie investor contemplating on making the best use of your savings by making an investment through opening up a brokerage account…
Travel Hacks: How to Save Money and Find Cheap Airfare
by / ⠀Personal Finance• Travel / March 10, 2014Finding cheap flights is a science. As the co-founder of a travel company, we bring our team all over the world, and try to do it as wisely as possible. We take travel hacking very seriously. The more money we save on flights, the more money left to spend on incredible experiences. Here are ten awesome travel hacks to help you find cheap airfare: First off: Expedia has…
Nobody wants to waste money unnecessarily. That means everyone loves saving money, right? Not necessarily. I’m sure everyone knows that saving money is hard work. We often spend less by sacrificing on certain things, i.e. eating home-cooked food most of the time, buying fewer clothes, skipping vacation days and many more. While effective, these methods are often painful as it sacrifices your lifestyle. What if I told you…
The best time to start saving is while you’re still young. You still have plenty of time to make mistakes and the luxury of time to fix them, along with some bad spending habits you might’ve developed over the years. You also have more opportunity to consider a ton of options involving money early on in life. However, just as there are opportunities, so are there plenty of…
A home renovation is one of the riskiest financial ventures that most people will get involved in and there is a lot of potential for things to go wrong. When things go right during a renovation you will beautify and modernise your home in a cost efficient way, but when things go wrong it can cost you an unbelievable amount of money, time, stress and headaches. So what…
We all spend money. There are basic life necessities and discretionary items we buy on a regular basis. Because spending money is as easy as swiping a credit card, it becomes even easier to spend unconsciously. Some of our financial commitments are auto debited, so we don’t even actively pay the bill on a monthly basis. Check out these five ways to save money on expenses you may…
Among all other attributes associated to college, one thing is for sure: college is extravagantly expansive, even when all types of financial aid are taken into consideration. Balancing the tight class schedule is difficult enough for students, which is why they usually don’t like thinking about balancing a check book on top of everything. Every aspect of college studies (entertainment, supplies, transportation, food, textbooks… you name it)…
No matter which country you live in, planning for retirement is essential. When you live in the US, that means making plans for your 401k. However, the following guidelines are helpful no matter where you live (with a few adjustments, of course). So, when should you start making contributions to your retirement fund? How much do you need? When you’re young, retirement is conveniently far away. You think…
Going International: 5 Tips for Meeting KYC Requirements
by / ⠀Entrepreneurship• Funding• Personal Finance• Startup Advice• Travel / December 28, 2013Since the implementation of Know Your Customer (KYC) regulations, international business has been forever changed. Governments, banks, and businesses must comply with tightened security measures to combat money laundering, identity theft, and possible terrorist funding. Navigating different nations’ specific requirements can be tricky, but doing so will enable your business to expand. Here are five ways to manage the process: 1. Know Your World For many industries, following…