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Monday, April 16, 2018

10 signs you’ve partnered with the right agency for financial planning

Financial planning is one of the biggest decisions you make to secure you and your family’s future. Thus, such decision should not be taken lightly and made in haste. You need to put in a lot of thought into how you want to go about your choices.

What one needs during this time of confusion and indecision is good, sound advice. Opinions coming from professionals as well as helpful tips from subject matter expert are exactly what you need to come to the right conclusion. Good financial planning is backed up by a great agency. 
But the first, real problem lies on how you can tell agencies apart – which ones are good and which ones are, well, the opposite. Here are 10 signs to know whether you’ve got yourself a gem or not:

1. You know they’re good when they hide nothing

Transparency is always a good telltale sign that a company can be trusted. They don’t try to hide anything from you – especially when it comes to fees and charges. They run you through everything you need to know. All minute details are disclosed so you don’t have to be worried about being kept in the dark!

2. Good agencies are honest agencies

What you need is an agency that holds the virtue of honesty close to heart. They don’t try to deceive, lie, or cheat you out of anything. They completely disclose the inclusions and limitations of your policy – even at the expense of making the policy look less favorable.

3. They put forth the best packages they have

Some agencies will have you start on something generic and later introduce you to top-ups you can add on to your policy when in fact, you could have just gotten it included in your package in the first place! Good agencies don’t try to hide these things from you just to make you pay more. After thoroughly assessing your profile, the agency should already have an idea of what package inclusions will most benefit you and create your policy according to what fits your needs primarily. 

As Garrett Planning Network’s very own Sheryl Garret says “A great planner needs to get clients to explore all reasonable opportunities.” Note that the keyword in this line is “reasonable.” And by dictionary definition, reasonable means sound judgment. Anything done in excess or the lack thereof, is considered unreasonable.

4. If they think you don’t need it, then you don’t need it

In addition to my preceding point, good agencies will not try to sell you something that they know you have no use for. When you feel like your current agency is trying to convince you into buying all sorts of policy riders, it’s probably best to back away and contract with another agency. There’s a good chance they’re just with you for your money. And here’s how you find out: https://www.howtosavemoney.ca/11-signs-your-financial-advisor-is-robbing-you-blind-and-how-to-stop-it

5. Good agencies are like good friends

It’s really great if you can form closer relationships with the people working behind your policy. And good agencies find ways to make this happen too! They see policy holders more than just tools to grow their business. They see them as partners who’re working with them to achieve a shared goal which is financial freedom. Some websites, like https://www.evolutiontownsville.com.au/, even have their agents readily available for financial consultations via email. 

6. They won’t suggest something that isn’t tested and proven

Good agencies will offer you policy packages that have worked for thousands of clients they’ve had before. They will not let you plunge into an investment when they know that the chances of it returning or growing are low. Instead, they will introduce you to stable opportunities to help you grow your money.

Here’s an article that shows us a way financial plans can be tested.

7. They don’t drop communication the moment they’re done selling

This is actually a very common thing in the Financial Planning industry. They woo you until you contract with them then 6 months later leave you hanging in the air. They don’t check up on you anymore nor give you status updates about your investment account. Even if you visit them directly in the office, they’re too busy to bother with you. Good agencies won’t imitate this kind of practice. You are a valuable client to them – and you will always be.

8. Your concerns are always welcome and never a nuisance

The thing about service agencies is that they can get fed up of people. And although I can more or less get where they’re coming from, I still think customer service should still come first before your own personal social issues. Talking to people, listening to their concerns, and getting yelled at by emotionally-sensitive clients is aggravating, we know. But that doesn’t mean you should ignore them completely or lack the enthusiasm to talk with them when they need you. 

Good agencies know what they signed up for and they won’t easily concede to problematic client behavior. They will always find a way.

9. You are kept up-to-date



Recent updates, changes in policy rules, and the newest offers are always made known to clients – that is an overarching rule in good agencies. No one is kept in the dark. As mentioned in the previous numbers, transparency and good work ethic are some of the things they strongly uphold. 

Furthermore, you are regularly notified about the status of your investments either through email, snail mail, or phone. You are also kept well-informed about fluctuations in the economy and how it affects your financial investment.

10. Great agencies give truthful inputs

Lastly, great agencies will give you advice – truthful advice. They will let you know when everything’s going fine or when something feels amiss. They will tell you when you are making a wrong decision in spite of their own personal gains. And give you feasible and reliable advice instead. 

When you are faced with problems, they offer you viable solutions. And your inquiries are never seen as pesky. Great agencies are those that genuinely help you find ways to win in this financial race!

If you’re still wondering what a great financial planner will do for you, this article can be your next read!

Sunday, March 18, 2018

Is it too late to buy and invest in Cryptocurrency?

“Bitcoin-Bubble” is what we hear most of in the news of this cryptocurrency. It is a little unfair it is singled out and portrayed this way when there are over 1,000 cryptocurrencies which come and which go. 

BTC is undoubtedly the biggest name in cryptocurrencies, however, “pro-rata” there are other currencies where the value drops or indeed rises at a much higher level. 
These are overshadowed by BTC and from an investor’s standpoint, it is these that should be sought out rather than turning more attention to BTC as the next cryptocurrency to buy.

Future Cryptocurrency Investments

Any investor should not only rely on the current trend, which is apparently Bitcoin. This being said, it is still a worthy inclusion in anyone’s portfolio due to its past performance. 
It also dictates what happens to the value of many other cryptocurrencies, so if BTC rises, so do the others.
What investors need to do is search out other altcoins which have great potential. Here are a few which are worthy considerations to add to your portfolio of cryptocurrency investments.

Bitcoin Cash

This was created by a fork in BTC and increases the size of blocks on the Blockchain that can be produced. With this Bitcoin, Cash can have more transactions performed in the same amount of time.

With an increase of block size also came the removal of Segwit. This was done to hopefully help the coin perform on par with PayPal and Visa type transactions.


This is a BaaS platform (Blockchain as a Service) where Blockchains are hosted within the cloud. The need for a full blockchain client is eliminated which frees up resources for enterprises who wish to develop blockchain applications.

Stratis focuses on ease of use through the use of a one-click solution. Custom sidechains can be created and deployed with numerous out of the box features.


Being a decentralized eco-system, it has been designed to help increase user adoption of all the Blockchain technologies. With a few clicks, users and businesses are able to create their own Blockchain. 

With their solution, users can traverse varying Blockchain’s when transactions are performed. These “SmartBridges” put Ark as the intermediary which enables the various components to talk to each other. Unlike BTC miners the network is secured by delegates of which there are hundreds of potentials. 

A continual voting process occurs in the system with only 51 of these delegates being able to partake.


This coin is still under substantial development, and as with all other cryptocurrencies it is affected by the rises and falls of value. Skycoin might have one advantage up its sleeve as it offers something entirely new compared to other cryptocurrencies.

Many coins are based on financial transactions. SKY is very different. There is the SKY coin which can be traded as any

Howeverthey aim to fully realize the vision of Satoshi. Their coin requires no mining, they have a new consensus algorithm,and they have a new internet. 

A new internet is a vast undertaking, and Skywire which is the mesh-network part of SKY has dedicated nodes that are responsible for the forwarding of bandwidth and providing the network services. 

When it comes to transactions, there are no fees, and they are fast and secure.


This is the token which you can buy and sell as per any other cryptocurrency. It is primarily used for the blockchain based social media platform Steemit

Here users who publish their content receive incentives when their content is up-rated. The better your content, the more chance you have of getting a higher incentive. 

Steem varies from BTC as it is another token which requires no mining. These tokens are automatically generated and handed out to users who are actively engaged on the Steemit platform. 

The one advantage of Steemit over other forms of content sites is authors are directly paid for their content without any reliance on advertising revenue.

All of the above bring something different and are vying for their place to be one of the largest cryptocurrencies this year and onward. 

Each has their own merits, and for any investor, the choice is up to them. Services which offer the best to meet people’s needs will survive, and weather the current storms cryptocurrencies face.

It might not have a bearing on anything or make it a better investment opportunity, but all of the above coins are rolled out. SKY has yet to show its true colors, so the storms which hang over all the other altcoins could be missed, on the other hand, they could miss the boat altogether.

Is it too late to invest? Not at all, now we are seeing new applications coming to the fore which add real value to the masses.

Thursday, December 7, 2017

How much of a down payment should you put down for your new or used car?

If you are in the market for a new or used car, the ideal situation is to pay cash. Unfortunately, not many people have the disposable income to purchase a car outright. That means that most car buyers have to deal with financing their vehicle. The key to keeping your equity high and your financial head above water is to finance as little as possible and to have a set budget before you go shopping. You will also want to stay within that budget, no matter what options entice you to extend it.

The best way to keep your finance costs low and to be approved for a loan is to have money to put towards the purchase. Most lenders see a down payment as you committing to the ownership of the car. Not only does it mean that they have less risk in lending, but they also see that you stand to lose something if you should fail to make payments.

Should you trade-in your car?

Trading in your old car is an excellent way to provide a down payment for a car. People often think that selling their car privately will get them more. But the reality is that the process of selling your used car can be arduous, and if you do sell it you will end up paying a whole lot in taxes. There are also times when Surrey dealerships will take money off the price of a car if you trade in your used car, to put towards a new one if you buy from their dealership. This is winning all the way around; in most cases, selling your car independently doesn’t make much sense in the long run.

If you want to increase the chances that you will be approved for a loan and get into a better car with less mileage and fewer repairs needed in the short-term, saving money for a down payment is a great idea. If you can, cut out those impulse buys that you don’t need and put money away for a couple of months while looking for a vehicle. Once you find the one you want, you should have a little extra to put toward the purchase, which will work by both decreasing the amount you owe and maybe even lowering the interest rate that you can get from the lender.

The more you put down the more you’ll save in interest

In general, the more that you put down for a car, the less you have to finance. The key is to not strap yourself by putting all your savings or your rainy-day fund into a new or used car. If you put in a down payment and leave yourself penny-poor, if the car should need repairs or something else unexpected happens, you won’t have the reserves to weather the storm. The last thing you want to do is to put yourself in a position where you can’t make your car payment. That will not just risk you having the car repossessed; it can ruin your credit for a very long time.

Calculate the amount you put down as a part of the total equation. If you have a certain amount that you feel comfortable putting towards the car, subtract that from how much you want to spend and have a figure in mind. The worst thing you can do is to walk into a dealership telling them how much you can afford each month and how much you have to put down. There are many options that they will offer to lengthen your loan term or make other adjustments to get you into the car that you want. But if you don’t have a figure in mind, then it is easy to get in over your head and end up paying much more for a car than you should or taking out a loan that will strap you for a very long time.

If you don’t have the luxury of waiting to save money and you don’t have a trade-in, then the answer is to find an affordable and reliable car that will get you from A to Z. While you are driving the car that might not be your dream, focus on saving for the future, so that someday you can drive away in the car you want. Good things always come to those who wait for the right opportunity. If you have the time to save, do. If you don’t, don’t overspend -- period.

Monday, November 20, 2017

How not to botch your POS system

The point of sales are one of the most recent technological advancementsThe POS refers to a shop or retail store with a cashier counter/a checkout point or any other location where such transactions take place. Similarly, it can apply to an original or traditional point of sale. Additionally, it includes but not limited to scales and pole displays, receipt printers, barcode scanners, touch-screen displays, and electronic cash register systems. They are utilized in various industries ranging from restaurants to stadiums. Such systems are offered by a large number of companies. If you are interested in implementing Clover POS System through Merchant Account Solutions, here are a few tips to not botch your point of sales systems;
1.    Your System Must Have These Qualities: Your POS system must have these five key qualities: (1) Checkout Tools: the system must include auto-pricing and scanning to improve accuracy; (2) Employee Management: the system must comprise features for tracking employee hours, payroll and schedules; (3) Customer Management: your system should collect valuable information from the customers for loyalty programs; (4) Inventory Management: your system need to feature tedious inventory counting and reordering; and (5) Sales Reporting and Analytics: your system should also offer transparency in the business data. 
2.    Staff Engagement from the Start of the Selection Process: You must work on pinpointing the main points of your staff for understanding the qualities that your company or business needs the most in the POS system. For example, if you are running a food point and your staff complains about lack of communication in the kitchen, then you must provide functionality to support the communication process of your business. 
3.    Train Your Staff: You must train your staff about how to use the POS system correctly. It will save you time and money in the future. This training can be done through online resources such as support forums and knowledge bases. Another option can be the instructor-led courses. Additionally, you can train only one individual from the staff, i.e. a point person, who will then train the rest of the team members. 
4.    Launch POS Mobile System: You should also launch POS mobile system as you implement the basic POS system. It is a big change. It allows you to adopt newfound mobility by dealing with the customers in taking and placing orders and making payments right at their doorsteps. However, you would need to train your staff to enjoy the operational benefits of the POS mobile system. Remember, along with its benefits there are a few drawbacks too.
5.    Setting up Security Measures: You need to involve technically with your POS system as well. Security ought to be the first concern. One method to achieve it is to purchase an EMV (EuropayMastercard, and Visa) complaint system. It assists you in keeping record of the transactions being made on your system. Compliance is the key to ensure good performance of this system. Another option can be the safe measures to deter theft byyour staff. It notifies about the suspicious number of voids or no-sales within a given amount of time. It prevents the staff from giving away free food or drinks to friends or other random people.