How business owners are finding successful ways to fund their business with working capital cash flow
In today’s finance world, many business owners still have difficulties in getting approved for small business loans for working capital with little or no business assets and not much profit. It is very difficult to get working capital in today’s economy. This working capital is lifeline for many small business owners to survive through any financial crunch that comes up for alternative financing. Read this article for some helpful tips for easy business funding for working capital for critical daily cash flow needed.
It is getting difficult day by day for business owners to get approved for business loans. Credit unions and traditional banks are also of not much help for them. Many banks and credit unions have ceased lending business loans altogether. In such situation, your best option is to reach out to lenders who offer fast and easy working capital funds.
Working capital is very necessary for every business owner to have operating cash flow for day to day operations. They need these funds for expanding, competing and succeeding in their business. The key rule is to generate a decent gross profit and work environment to get maximum output from your employers.
Business owners must do their research before visiting any private lender and applying for short term funds. Use the internet and search for a reliable and responsible lender for business cash advances. Check with your state authorities if there are any complaints lodged against that lender. Ultimately, you don’t want to end up getting into any sort of scam especially when you are already in a financial crunch.
Working capital cash funds will help your business to handle any future financial troubles. Business bank statement funding is fast and easy business funding that has opened gates for small businesses to get easy working capital funding. Easy repayment options, 100 percent funding approval and quick processing of business cash are some of the benefits business owners are looking for.
Lenders will offer different programs to fit to your specific needs. They can convert your future credit card receivables into immediate cash that can be used for any business purpose. Repayment is based on small fixed percentage of your future credit card receivables. Payments will be applied to the remaining balance until paid off.
With the help of cash flow working capital, many small business owners are now able to breathe freely. But you must do your own research before choosing a lender to work with. There are so many lenders in the market that it often gets difficult to differentiate between a reliable one and an online scam. Market Invoice is one of the best in the business with their great articles and offerings.
Currency markets fluctuate daily and one of the best ways to evaluate the future direction is using technical analysis. This form of analysis uses chart patterns to analyze past price action, to formulate a view of the future direction of a currency pair. Many traders use support and resistance levels, which form the basis of chart patterns.
Support and Resistance:
Recall, support is a level where demand is evident and buyers are willing to step in and buy a security. Resistance is a level of supply where investors focus on selling or shorting an asset. Support and resistance levels are constantly changing as new information becomes available. You can use many different techniques to find support and resistance levels. One of the most common and efficient is trend line analysis. A trend line connects two or more points with a line in an effort to pin point support or resistance. Generally traders use downward sloping trend lines to designate resistance levels and upward sloping trend line to define levels of support. Although this technique is subjective, many analysts believe it is the most efficient way to generate a trend line that reflects either support or resistance levels.
Since trend lines can be subjectively drawn, it is helpful to find a technique that you can fall back on that takes the subjectivity out of this process. One of the most efficient methodology is Tom DeMarks trend line process.
TD Trend Lines:
DeMark created his TD (Tom DeMark) trend lines for the professional trader to eliminate the subjectivity from the process of drawing trend line. To do this he created the pivot top and pivot bottom. The TD pivot top is a high that is surrounded by at least one lower high on each side. For a more robust pivot top, you would look for a high surrounded by either 2 or even three lower highs on each side of the pivot top high.
Once you have found your first pivot top, you can then look back at the price history of an asset to find the next high that is surrounded by at least one lower highs on each side of it. If you are looking for pivot tops of 1-lower high than the next pivot should be the same. The pivot high you are looking for when you draw a resistance line should be higher as you move back in history.
The next step is drawing a trend line. You would connect one pivot top high to the next pivot top high and extend the line forward. The trend line has a slope and that becomes your resistance line. When an asset breaks through that resistance line, it is likely to continue to move higher. Generally the best way to trade this type of resistance trend line is to wait for a close above the slope of the trend line which will trigger a breakout.
When drawing a TD support line, you are constructing and upward sloping trend line that generates support. To do this you would connect a pivot low, which has one or more higher lows on each side of it to the next pivot low. The upward sloping trend line that is created forms support. When the price of an asset closes below the TD support line, a break down has occurred. Like the TD resistance line the TD support line can be drawn on every time horizon.
It is important to find charting patterns that you are comfortable using, as this can assist you in determining the future direction of a currency pair.
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Whether you own property or work as a developer, a building condition survey performed by a licensed engineer is a beneficial exercise. Generally, the information collected will help you decide if purchasing, selling or refinancing is possible. Surveying the building will also help you avoid potential claims and expensive maintenance.Purpose for Conducting This Survey As the name implies, this type of survey assesses the physical conditions of a property. Through different procedures, the purpose is to identify any deficiencies and maintenance issues relate to:
Life safety systems
Storm water management
Results of the assessment gives you a clear understanding of the property. With this information, you can make an informed decision.The extent of what is covered in the survey varies based on your individual needs for collecting such data. The process normally begins with a visual inspection of the property as it exists. It continues with monitoring and tests of different site systems.How the Survey is ConductedDetails of the condition survey come from a variety of information gathering techniques such as:
Reviewing maintenance history and local municipal records
Operating systems tests
Researching building code compliance
Criteria definition of design and performance
Calculations of load capacity
In addition, the survey looks at immediate, mid-term and long-term needs to keep the building in good condition. The obvious benefit of this report is knowing the current and future condition of the property.There are other benefits to help you prepare for potential renovations if you decide to buy. You will also know what it may cost to upgrade some things before putting the property on the market to sell.Alleviate Uncertainty about the Building’s Condition Having a condition survey completed on a piece of property is a useful tool that not only helps you make decisions, but the information is also beneficial for prospective lenders. The final report should help to alleviate any concerns.In fact, both sides – the buyer and seller – will have documented information the clearly defines the property’s condition. Details of the report can either increase or decrease the suggested market value.Before you think this is an expensive undertaking, consider the cost of defending a claim if someone is injured on the property from something that could have been avoided. Your time and costs are minimum for preparing for the survey compared to paying too much for a building.Understanding what is involved with either buying or selling a piece of property can yield long-term benefits.
It makes you feel very bad when you realize that your dream property is not as good as you thought for the first time. And more importantly, if you find out later that your home needs several thousand dollars in repairing it some portions, you will feel completely disheartened.
You should get a thorough inspection done before buying a house. Using some common sense while buying a property will help you in avoiding many common mistakes. There are some things that you should be always wary of. Here are a few warning signs that should be kept in mind before you sign the contract.
Problems inside the house : There may be some internal problems inside the house that can be easily identified, such as termites, damp spots, and cracks in the walls and ceilings. But there may be some other major problems that are often not disclosed by the seller. For example, if there is a cracked tile in the bathroom, it will indicate water damage, if there is any mould, it may be due to ventilation problem. If there is any brown areas, it may be due to poor wiring connection. Therefore, it is important to get your house properly inspected before buying it. You must also check out other things like water pressure, sticking windows, pipe and drain leaks, insulation levels, and get pest control done. Write down all these points in your check list and get your house reviewed by a professional.
Problems outside the house : Likewise, there may be some problems outside the house as well and in many cases, the seller does not want to mention these points to the overexcited buyer. One crucial element is orientation. If you are working from home and that area is receiving very less natural light, you may want to reconsider. You can also check out the fuse box, signs of the asbestos, blocked drains, roof damage, garden watering systems, condition and age of nearby trees, and pollution levels. After doing the initial assessment, you can ask a professional to review it thoroughly.
Incomplete documents : There are always chances of your identity getting stolen. If you buy your valuable property without necessary documentation, it will be the most dangerous situation to go through, not only financially, but legally and emotionally as well. Never make such a mistake in your life. You can avoid such situations by hiring a solicitor who can be of great help during your purchase. It is worth spending some money on a solicitor rather than paying for the losses in the later stage due to lack of proper documentation.
Shady property history : Before buying a property, you should always inquire about its details, like when was it first built? What was on the land before the property was built? Why the tenants keep changing. If you get the answers to these questions and are satisfactory at your level, then you can move ahead. But if you are not satisfied, then it is better to pass. Because the seller may be trying to cover the shady past history of the property.
Unprofessional seller : The seller or the real estate agency should be able to answer to your basic questions about the house. If you are not convinced by their answer, you can always shop for the next one. If the property has a bad history, and the seller is trying to hide it, then it is better to leave that one and search for another good property.
Starting a business is a very enjoyable thing. It does require work and does require sacrifice, but watching as a business grows and becomes profitable brings a lot of satisfaction. One of the realities associated with owning a business is that in modern society a lawsuit could be around the corner. Businesses have to accept that every customer they interact with, every employee they hire, or every client they connect with could be a potential lawsuit.
It doesn’t matter how small the business is and it doesn’t matter what services the business offers, the business is exposed to potential lawsuits. Business insurance is a positive way to protect a company’s assets as well as its owners. There are a lot of reasons why purchasing business insurance is a good idea.
The first reason is that it really just takes one incident to leave a business in financial dire straits. It just takes one broken contract, one frustrated employee, or one unsatisfied customer. And even if a business wins the lawsuit, the cost of defending themselves could be so expensive that it leads to the business needing to close.
The second reason is that time and unforeseen occurrences befall every business. Accidents happen. An employee might fall or a customer might have something fall on them and they are within their legal right to seek compensation. Business insurance, like what is sold by Captive Insurance for example, helps to protect against these unforeseen occurrences.
A third reason is that the protection you get from forming a corporation may not be as airtight as you may think. A lot of small business owners mistakenly believe that if they form a corporation, a corporate shield will protect them. However, there are a lot of circumstances where if a business does not have business insurance, the business owner could still lose everything that they own.
The fourth reason is that you cannot rely on other people’s insurance. Imagine for a moment that you have a nice restaurant that’s on a busy street. An individual driving down that street jumps the curb and careens into your storefront. They may have automobile insurance, but their coverage may not be sufficient to cover the damages you sustained. Your insurance would kick in to make sure that you were completely protected.
Purchasing business insurance is a positive proactive step that all smart business owners make. They don’t wait until an accident happens and then try to figure something out. They prepare for success.
Indeed, even the best business person that can discover short cash and a minor business advance need the business exercises, ventures, or the location of a stream shortage to extend money.
Regardless of a lavishness of assets to help minor organizations explore the credit scene, the acquiring procedure remains a puzzle to numerous.
We requested that clear up monetary and business specialists’ confusions around six minor business advances.
If you want to get your Small Business Lending, don’t forget to reach out to US Business Funding.
While conventional credit unions and banks give the greater part of the minor business advances are accessible to an assortment of option loan specialists, including Staples organization concentrates on the credit Lendio to hold reserves in a minor amount of the moment.
Business visionaries ought to consider all financing choices before an advance offer to acknowledge calls Brock Blake, originator and President of South Jordan particularly in Lendio, UT.
“Each bank has diverse terms, which frequently makes it hard to contrast one type with its logical counterpart,” he said. “Looking for the right advance that addresses the issues of the economy and the present money related circumstance may need the knowledge and information of a man working in the room each day and help the upsides and downsides of credit can explore bargains.”
In spite of the fact that it’s not generally simple to get an advance for your minor business, there should be an inconceivable test. Minor business credits specialists have thought that one of these issues through better planning for the difficulties of the application for a minor business advance can keep away from record.
“While there are difficulties, a great deal of disappointment about getting minor business can be alleviated the financing by practicing due tirelessness,” said Michael Adam, the organizer and Chief of Bankmybiz site style media social connection business visionaries with business benefactors in an email meeting with the day by day News business. “Be arranged and have every one of your reports prepared to present to the loan specialist.”
The financial assessment – both industry and individual – is the principle element utilized by customary and option moneylenders to figure out if an organization meets all requirements for an advance. Your outcome gives a fast appraisal of how the bills that you have done before, which may specify how you will pay later on.
“On the off chance that the financial assessment is not as much as immaculate, you ought to invest energy to enhance your score,” Blake said. “In only six months reliably convenient installments and use credit astutely, business people can enhance your score up to 100 focuses.”
Having an uplifting news for the individuals who think the awful credit individual guides or to build up a business. Albeit low FICO ratings could have been a non-starter as of late, the credit environment today is entirely open credit below average than at any other time.
“While conventional banks might be prohibitive to get regarding a credit, there are different ways,” said Michael Kevitch, President Varsity Business Arrangements, an organization expert Budgetary Gathering, in an email meeting with Business Every day News.
Elective credit sites like those worked by Varsity Business Arrangements (business credits and financing of minor organizations) are generally construct loaning choices in light of the monetary status of an organization in the money related history of the entrepreneur. Kevitch said elective banks take a gander at the execution of the organization, business sort, time in business and income preceding conveyance of an advance specific.
On the off chance that your FICO assessment is too short to get a customary advance, an option moneylender might will to give a minor advance when your credit remake.
Repetitive and Long
Trepidation of the obscure frequently anticipates business visionaries to investigate your alternatives, says Kristin Lord, VP and pro in credits. Ensured by the administration in Rockford Bank and Rockford Trust, IL
“Numerous minor organizations to postpone the advance procedure, since they consider it will be troublesome or too lengthy,” she said. “So they supply their industry with Visas or fumes their possessions until they lose hope. Yet, the more they hold up, the more troublesome to us to be able to aid them.”
The US Minor Business Organization as of late disentangled the application procedure and credit protection, which implies that the borrower can get like a standard mortgage a SBA advance around the similar time.
“You will be required to make a great deal of superfluous documentation accessible and most likely some kind of certification offer” Kevitch said. “Banks and option private financial specialists can give significantly less exertion.”
Since the SBA does not straightforwardly loan cash, business visionaries must relate for some of these advances by the moneylenders, including credit unions, banks, and non-bank monetary foundations affirmed SBA apply.
To accelerate the credit procedure SBA Blair Cook, Chief of Establishment Denver West The Option Board and administration specialist and mentor prompts business people, so they. With key leaders in the method for associating credit.
“When you are managing a dealer who is liable to be led on until a choice sees the entire bundle may then said no,” she said. “Meanwhile, the organization important time and assets lost.”
The bank advances may not be the best decision for any minor business, however it is a long way from the most exceedingly awful alternative financing. Truth be told, searching for set up organizations at a moderate pace, to develop customary bank financing, when all is said in done is a superb decision, Adam, said Chief of Bankmybiz. It is the point at which an organization does not meet the criteria that businesses ought to consider to shopping into thought.
“On the off chance that you are a youthful, pre-wage or low-pay, yet will increment quickly, in light of the fact that the business is (human services, IT counseling and programming), then a conventional bank advance can confine their development,” said Adam.
In choosing whether a bank credit for your business, research, customary advances and other subsidizing sources. It is likewise critical to know your business all around.
“On the off chance that you expect a supported development in the coming years, while a conventional bank can be better,” said Adam. “In the event that you develop like insane, and you realize that you can build the extent of your advance by a noteworthy increment in each quarter, must proceed and keep up a non-bank acknowledge accomplices, as banks can’t be capable, to stay with their necessities. “
You can discover this myth around Web gatherings coasting and possibly listen to family and good natured companions. It is typical to request cash, each master will let you know, simply don’t ask excessively. While this sensible period, the dispersion of your youngster, the measure of water to arrange, is not obtained in the business world.
“An organization needs to ask what they require – no all the more, no less,” said Evan Vocalist, Chief SmartBizLoans, a robotized online SBA advance project, in a meeting with Business Every day News.
Artist suggests both the measure of cash thinking of you as truly need your business and the measure of cash to develop you can bear to pay every month.
While it might be valid now and again, this is not an undeniable reality. Moneylenders consider numerous elements – including guarantees, income and deals conjectures – before choosing whether a credit be endorsed.
Consequently the lord said it is essential to reasonably evaluate the measure of assets required.
“Try not to solicit the appropriate sum from advances is a typical mix-up I get,” she said. “A debtor who needs to purchase another PC won’t not mulled over that presumably require some working investment or to buy extra shares.”
On the off chance that this pushes the advance of the safe place of the bank, it doesn’t mean you’re in a tough situation. Advise yourself to restore a fleeting credit with a possibility for a conceivably higher rate on the off chance that you pay the first. This may create it less demanding to get reserves from an alternative source.
Battle for a Credit
No investigation of minor business financing would be finished without the Sacred Chalice archives minor organizations to say: the strategy for success. There are numerous perspectives in the matter of regardless of whether a customary strategy for success (rundown, examination of the business sector – each 9 meters) still has a spot in the advance application process.
Keeping in mind Bankmybiz President Adam recognizes that most moneylenders don’t require a marketable strategy really taking shape, who believe that in the rundown with an arrangement is dependably a smart thought.
“Each business ought to have some kind of marketable strategy,” Adam said. “It’s only a decent practice to envision development, make benchmarks and stay capable. On the off chance that you don’t have it, make. You will be happy that you did over the long haul.”
A few specialists appear to trust that the financing of the strategy for success to quantify the achievement rate as an apparatus and a business financing alternatives, it is somewhat dated. The vocalist said that while the conventional banks nor marketable strategies amid the credit application procedure may require your organization strategy for success is not required to acquire a SBA advance on the web. The organization as of late propelled the primary completely online stage for sureties from the SBA applications artist advances.
Numerous business people to seek after a minor business advance a win to bolster development arranges or operational enhancements or serve as interim monetary extension amid a troublesome season.
Indeed, money related specialists concur that an ideal opportunity to plan for an advance is before you require them. “It resembles learning sank off the vessel to swim,” Blake said.
Luckily, you needn’t bother with a virtuoso feeling of financing other options to transitory financing for minor organizations.
One of the most difficult things about finding a job is finding something that you can enjoy and that you are qualified for. Most people also want to find a job that can develop into a rewarding career that they can use to challenge themselves to improve. It takes years of education and experience to be a professional, but there are plenty of other careers that you can consider right now.
The rapid growth in the insurance industry means that there are plenty of jobs for people who want to work hard and work towards a career. Insurance claims adjusting is a job that requires very little experience, but can pay very well. Most companies are willing to pay new adjusters who show the aptitude to get the job done, and these types of jobs can blossom into very rewarding careers.
The idea of working a retail sales floor or going door to door to sell products is not for everyone, but that does not mean that you cannot enjoy a successful career in sales. The rise of Internet commerce has caused more people to turn to buying products online and over the phone, and there is a growing human support component to that part of the industry that is opening up a wide variety of opportunity to people who can work well with customers.
If you want to help others, then you may want to consider a career in nursing. Contrary to popular belief, you do not need to be a medical expert to be a nurse. The growing need for nurses has prompted many healthcare organizations to offer to pay for all of your required training and certifications, just to help you get your career started.
Transportation And Logistics:
One of the direct results of more goods being shipped directly to consumers thanks to an increase in online retail sales is the need for more transportation and logistics personnel. These are also careers you can start out of high school, and most of these fields offer on-the-job training.
If you have been chasing a great career but have had no luck, you should not give up hope. The changes in the global economy have created entire new industries that all need people who are willing to learn and take on the responsibilities that come with a new job and career.
One of the best moments in a couple’s life is when they start a family. It adds more pleasure and happiness when you have a baby and you will hold it in your arms. Before you plan for a baby, it is important that you know about all the costs and if you will be able to afford it. After you have a baby, your expenses will go up for the long term. So you must check your income before finalizing this decision.
It starts from regular appointments with the doctors, then going for medical checkups and routine investigations, and then you make the final bookings for the day of delivery. It can be quite heavy on your wallet. And these expenses will keep on increasing even after the delivery, because you now have three heads to look after. You have to buy all the necessary things for the baby. Starting from diapers to pieces of cloth to pram, the number is uncountable.
When the time comes and you know that you are going to become a parent, you feel very excited and many parents waste a lot of money in this excitement. They start buying all sorts of toys and clothes when they don’t even know when the baby is going to come. Hence it is important to keep your emotions intact and not waste money like this. You should save this money for prenatal care. It can be used for all the doctor’s appointments, ultrasounds and regular health checkups. It can cost up to $2000 on an average.
When you are approaching the delivery date, you have to make bookings in the hospital. A normal delivery can cost up to $15000 and a cesarean operation can cost up to $20000. It is important to have an insurance cover before you start your family as these expenses can be included in it. Once you have the baby, then it is time to buy clothes, diapers, feeders, milk, sleeping bed, pram and toys. It should not cost you more than $5000 on an average.
Tending to and healing the body is a noble profession with roots in ancient Greece. An oath named after Hippocrates, the father of Western medicine, puts forth the principle that physicians should “first, do no harm.” Yet, mistakes in healthcare are so rampant that some have termed the situation a crisis. Of course, medical professionals are human and some mistakes are to be expected, but the high frequency of these potentially devastating, largely preventable errors have created a public health problem that leaves many patients in pain and in debt.
The Institute of Medicine issueda seminal study in 1999 examining the quality of health care in the U.S. Defining medical errors as “the failure of a planned action to be completed as intended or the use of a wrong plan to achieve an aim,” the study estimated that such lapses prove fatal for between 44,000 and 98,000 people every year. That’s more than the annual number of deaths attributable to well-publicized causes like AIDS, motor vehicle accidents, or breast cancer. The researchers also concluded that preventable medical mistakes costbillions of dollars per year, including the expense of additional care necessitated by the errors, lost income and household productivity, and disability.
In 2008, actuaries measured direct medical expenses and determined thatmedical errors annually cost $17.1 billion while the cost of avoidable hospital readmissions added another $13 to $18 billion a year. The study identified more than 1.5 million avoidable errors and found that, on average, the cost per mistake was $11,366. Almost 70 percent of the total medical cost for measurable medical errors was due to ten common errors: pressure ulcers, postoperative infections, postlaminectomy syndrome, hemorrhage complicating a procedure, accidental puncture or laceration during a procedure, mechanical complication of a non-cardiac device, abdominal hernia without mention of obstruction,hematoma complicating a procedure, unspecified adverse effect of a drug, and mechanical complication of a cardiac device.
Another source, the National Practitioner Data Bank (NPDB), lists the five most common categories of malpractice cases as diagnosis, treatment, surgery, medication, and obstetrics. According to the NPDB, the responsibility for these incidents is spread among many types of practitioners. From 2004 to 2014, over 270,300 malpractice claims were brought against nurses and 182,095 were brought against physicians. Dental professionals, therapeutic practitioners, and technicians and assistants saw the third, fourth, and fifth highest numbers of claims. There is no federal law that requires hospitals to report medical errors; and although 27 states do mandate such reporting, the data is rife with inaccuracies and is not uniformly collected.
Healthcare providers that make a mistake rarely bear the resulting financial obligations. Instead,when treatment makes a patient’s health worse, he or she is also expected to foot the bill for the avoidable error. Taking on debt when the need for further care was preventable is to add insult to literal and figurative injury. And the outlook is grim: medical bills are a common reason for personal bankruptcy filings. According to a 2013 analysis, 1.7 million Americans live in households that will declare bankruptcy due to inability to pay medical bills. Of adults ages 19 to 64:
- 56 million will have trouble paying medical bills.
- Over 35 million will be hear from collection agencies seeking payment for medical bills.
- High medical bills will cause almost 17 million to receive a lower credit rating.
- More than 15 million will empty their savings to pay medical bills.
- Over 11 million will run up credit card debt in order to pay hospital bills.
- Nearly 10 million will be unable to pay for basic necessities such as food and rent because of medical bills.
A 2016 look at healthcare found that 26 percent of U.S. adults have experienced serious financial problems due to health care costs. Of that number, large medical bills caused 42 percent to spend most or all of their personal savings, 23 percent to take on credit card debt that might be hard to pay off, 19 percent to take out a loan, and 7 percent to declare bankruptcy.
Although the Affordable Care Act (also known as Obamacare) has reduced the number of uninsured, high-deductible plans requiring more out-of-pocket costs can quickly cause debt to add up. An average family of four with an employer-sponsored “preferred provider plan” is currently estimated to have healthcare costs of $25,826, which has more than tripled since 2001’s figure of $8,414. Now responsible for 43 percent, employees carry four percent more of the cost than they did 15 years ago. Some of these increases can be traced to insurance companies’ passing the buck on to the consumer, raising rates to counteract increased claims for medical errors.
When medical treatment goes wrong, it can set off a chain of events that harms the patient beyond the physical toll. Consequences from medical mistreatment can easily lead to job loss due to the patient’s being physically or emotionally unable to continue life as it was prior to the error. Loss of employment is often coupled with loss of health insurance, which then leaves the patient unable to afford medical care. When the bills multiply and income is limited, many people turn to credit cards, not realizing how quickly this option can cause a bad situation to become a hopeless one. Drawn in by balance transfers, limited time low interest rates, or interest-only payments as well as minimum payments, credit card debt can mount fast and furiously. Interest, late fees, and penalties for being overdrawn can even surpass the original debt.
In cases where negligence can be proven, a medical malpractice lawsuit may be feasible. If you believe you have been a victim of medical malpractice, it’s important to talk with a malpractice attorney in your state. Ininstances where legal action is not viable, the patient’s financial fallout from paying the extra costs may be best dealt with by filing for bankruptcy protection. Chapter 7 and Chapter 13 of the United States Bankruptcy Code consider both medical debt and credit card debt to be unsecured, meaning such debt is eligible for dismissal in the right circumstances. Many bankruptcy attorneys offer free initial consultations, so it’s often worth the time to talk to a lawyer who can evaluate your personal situation.
About: Mike Stephenson is a medical malpractice attorney in Indianapolis who has been representing clients in the central Indiana for more than 2 decades. Mike is a partner at McNeely Stephenson, Attorneys at Law which specializes in personal injury lawsuits.
Almost every working person looks forward to the day when they will be able to retire. Even if you love your job, you probably don’t love some aspects of it. Some people also have specific plans for retirement, whether it be going fishing, traveling, moving closer to family, or just relaxing with the grandchildren for years to come. You can make sure that you’re financially, emotionally, and physically prepared for your retirement by following these helpful tips.
First of all, make sure that you are financially ready to give up your job. If you’ve been planning, you should already have a decent-sized next egg saved up. If you still need to work on that, try to find a boutique asset management firm like Sharia Portfolio to help you save while keeping in mind your moral and ethical stances. Don’t try to go it alone. Instead, get help and financial guidance from experts. Your should not take risks with your investments once you get close to retirement age, but should stick to safer things like bonds.
Next, make sure that you are emotionally prepared for retirement. Even if you’ve been looking forward to it for years, it can be a dramatic shift to all of a sudden no longer need to wake up for work each day. Find a hobby to keep yourself busy, or, better yet, find a greater purpose to work towards. You can use the skills you can learned in the workforce to give back to your community by volunteering. Don’t get complacent, which can unfortunately lead to depression in retired individuals.
Finally, make sure that you are physically fit enough to enjoy your retirement. See your doctor for a regular checkup and follow his or her instructions and advice. You’ve worked for years, don’t let physical problems get in the way of your enjoying your deserved time off. Stay physically active and you’ll live longer and have a better life with more energy. Physical activity also helps to prevent depression, especially in older individuals. If you’re just starting out, try taking long walks after dinner to get your body moving.
You deserve to have your golden years full of happiness and relaxation. Luckily, with proper planning you can have the retirement you deserve. Plan for your financial, emotional, and physical health, and you will thrive.