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How House Prices Have Risen in 60 Years

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From changing street scenes to iconic events, the new digital timeline tool produced by Barratt Homes shows you just how much things have changed over the past 60 years. One of those major changes has come in the form of average house prices which makes for interesting reading in itself.

The 1960s

The ‘Barratt Homes Through The Decades‘ tool begins way back in 1958 when Barratt Homes first opened its doors. Property prices were only £2,530 on average. The Beatles were dominating the charts. Tie-die shirts and bell-bottomed jeans with sandals was the iconic style. Remember this was a time when people typically lived either in tower block housing or smaller more traditional two-storey homes.

The 1970s

In just one decade those prices soon rose, and by the 70’s we saw average house prices jump up to £19,925. Disco fever had hit, bringing people together through their love of dance and music. The Ford Capri became the must have vehicle. Punk first emerged, with brightly dyed hair, leather jackets and plenty of piercings. This was also an era where we saw some of Britain’s biggest houses built.  The first domestic microwave was also sold during this time and 64% of homebuyers had a washing machine by now. An average household was made up of 3.1 people, with the average property having three bedrooms.

The 1980s

The decade where the property market saw a boom and with that the decades average house prices started at £20,268, which then rose to £29,143 by 1985. Just five years. Bold style and big hair were here, as perms, mullets and shell suits became the fashion. The Walkman first burst onto the scene. During the 1980’s, the average size of properties had started to decrease to meet the demand of individuals and young couples making their way onto the property ladder.

The 1990s

After the boom in the 1980’s, the 1990s saw a big hit to the market due to the recession.  It was the era of parkas, polo-shirts and noteworthy sunglasses. The Channel Tunnel first opened, as Barratt first brought homes to the South of France with a development in Provence. Despite the recession, house prices did increase slightly compared to the decades gone before it. Average prices started at around £58,153 and rose to £59,939 by the mid-1990s.

The 2000s

The new millennium touched down with the invention of the social media platform Facebook. This took the world by storm, with consumers all over the world growing their online presence by posting, sharing and liking content.

One thing that really did boom in the 2000’s was the house prices, which compared to £59,939 in the mid-1990s had hit £156,236 by 2005. With sustainability in mind, Barratt also launched a pioneering range of green initiatives with eco homes.

The 2010s

With two major royal weddings the 2010’s were a decade to remember. London hosted the 2012 Olympics, bringing more than 180,000 visitors a day to the Olympic Park. The 2010 street scene also saw some dramatic changes as more townhouses and apartment blocks appeared. The cost of a typical property steadily rose from £170,365 to £197,890 throughout the decade.

The 2020s

Being so early in the 2020s there is not much to discuss for this decade other than the massive elephant in the room. As COVID-19 completely changed lives and the way we live them, housebuilders have found other ways to adapt. So far during the 2020s we have seen more three-storey properties and modern, four-bedroom homes. Many towns and villages have also seen Covid-19 testing centres pop up to help keep on top of the spread of the virus.

Looking to the future of housebuilding and its next 500,000 homes, Barratt Homes has pledged its commitment to create a positive environmental, social and economic legacy for future generations.

Money Rolling in as Ad-Supported Streaming services boost during Covid-19.

More people use streaming video services in the United States more than ever before. According to a recent Deloitte report, the U.S. average customer has four different streaming services subscriptions, and around 80% of households have at least one subscription. The VOD binge could be short-lived, Deloitte says. Since it is expected that many subscribers will end their subscriptions before the restrictions on coronaviruses are removed due to financial distress. 

The Organization has carried out two surveys. A pre-COVID-19 survey from December 2019 to January 2020 for the 14th annual edition of its Digital Media Trends report. The second survey was conducted in May 2020, after the pandemic outbreak. 

Comparison of both surveys’ results revealed that US consumers are currently subscribing to at least one paid online video service, up from 73% in the pre-COVID-19 survey compared to 69% in last year’s Deloitte report.

As more media companies enter the SVOD industry, content and pricing are under pressure. Even though corporations are attempting to regulate prices, customers become increasingly demanding since they have many subscription options. It becomes challenging to select which shows to watch or which streaming service to buy. If you are having trouble deciding, then you can check out ScreenBinge as it covers major streaming channels and also strives to educate readers on how they can bypass geo-restrictions to unlock different region titles. 

Besides this degree of “subscription fatigue,” it is expected that viewers will move to free ad-supported streaming options. According to Kevin Westcott, Vice President of Deloitte, “People have more time on their hands, and they’re trying new things, But at the same time, we see a significant amount of churn. The coronavirus pandemic has accelerated the trends we have seen in our industry.”

In May, a survey by Deloitte shows that some of the customers sign up for trials free of charge, cancel them when the trial duration ends or when a favorite series is concluded, and change services to look for new shows and movies.

According to Delloite, as a result of the outbreak, 17 % of customers have canceled at least one service. The most common reasons for cancellations are high prices (36%) and expiring offers or free trials (35 %).

It is anticipated that SVOD churn will become more severe as streaming services compete for part of consumers’ wallets. A survey by Deloitte showed a decrease in 39% of American households’ income after the pandemic. Westcott also stated, “With less money to spend, the competition for consumer attention and retention has never been fiercer,”

All of this ensures that ad-supported online video streaming services can reach a wider audience. 47% of customers agreed to have at least one free online video service supported by ads. Before the pandemic 62% and after the COVID-19 pandemic, 65% of consumers in the United States expressed a preference for cheaper, ad-supported online video solutions. 

Additional Deloitte findings:

  • 51% of Subscribers claim to be drawn to online platforms featuring a wide range of TV shows and films, and 45% expressed interest in exclusive original library material.
  • During the pandemic, 22% of users (30% of Gen Z and 36% of millennials) paid for a first-run movie to be streamed. Ninety-nine % said they would do it again. The price was too heavy, according to 42% of those who did not.
  • Around a third of consumers said they wouldn’t be comfortable going out to watch live events for at least the next six months. There is a significant generational gap: 50% of millennials and 47% of Gen Z respondents said they would attend a sporting event in the next six months, compared to just 28% of boomers.
  • Video gaming has exploded during COVID-19. Since the coronavirus outbreak, 48% of U.S. users have engaged in some form of video gaming, with younger generations over-indexing themselves in this region (69 % of millennials and 75 % of Gen Z). Previously, 25% of consumers watched videos of others playing games live and recorded them (with around 50 % of millennials and Gen Z). These estimates, according to Deloitte, have remained consistent throughout the pandemic.

The analyst listed recent data from both Nielsen and ReelGood, a streaming search tool. Along with the ad-supported, non-premium content on Youtube, completely ad-free streaming services like Netflix and Amazon Prime video were flourishing between March 25 and May 13. 

Wrapping Up!

While it is a bit too early to comment on the future trends based on the current scenario since these free ad-supported services are relatively new. However, it is expected that once things come back to normal, all new services will have to strive for a share in the market, because at the moment, despite the competition getting stiff, people will explore newer options as they get bored with the old ones.

ECO Government-backed Boiler Grant

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Just like any other device or equipment, boiler breakdowns are eventually inevitable. When they do, you will find yourself in a nightmare, leaving you cold and freezing especially during cold days. So, if you feel wretched and are suffering from your antiquated, malfunctioning, defective, inefficient, and thus, energy-wasting boiler and you’ve been hoping or even praying for a replacement, the government’s free boiler grant is the easy answer.

How

You may acquire a Free Boiler fully funded by the United Kingdom government or having alternative options like “Buy now , Pay later” with a markdown cost.

How it started

In 2018, the United Kingdom government via the Energy Company Obligation (ECO3) scheme ventured into partnership with private energy suppliers, giving them the license to provide the energy needs of the households throughout the country. Now with this government-backed scheme, the government has forged a contract with the so-called BIG SIX consisting of the country’s biggest suppliers of energy, that includes:

  • British gas
  • Scottish Power
  • E.ON
  • Scottish and Southern Energy (SSE)
  • EDF
  • nPower

The government has devolved the obligation to these six contracted energy suppliers to replace and install energy efficient boilers and provide maintenance boiler services to the households of qualified residents.

Availment of the grant entitles you to a lot of benefits. For one, it saves you from the hazards of unexpected breakdown in the middle of a bad weather when immediate help may not be readily available. Second, a newly installed boiler offers you better efficiency, more savings on energy, and consequently, more financial savings due to lower electricity bills. Then, unknown to most, inefficient boilers are linked with issues concerning global warming as well as carbon footprints and emissions. Thus, having a new boiler installed in your home empowers you to contribute to the government initiative towards environmental sustainability.

What’s more to this grant

The scheme incentivizes UK residents by offering services for energy efficient boiler without cost or, in some cases, at a subsidized or discounted rates. In cases of subsidy, some may be required to contribute. Otherwise, a grant is free of charge; thus, grantees shall not be obliged any repayment at all. Naturally though, while the free broiler grant  is offered to the public, it involves minimal eligibility criteria for you to be entitled to it. 

What qualifications should applicants possess

You will most likely be approved of the grant if:

  1. You have a boiler that’s 7 years old and above
  2. You own the home where at least one person lives permanently.
  3. You need LPG, gas, oil, or electric supply in your home
  4. You are a recipient of any one of the income related benefits such as Job Seekers’ Allowance, Child Tax Credit, Disability Living Allowance, and Income Support, among others.

Grant tips

If you are ready to take on the offer, the following tips may help. Begin by going through the initial assessment process that’s accessible online. You will simply need your postcode to book a free online survey through Free Boiler Grant. In less than a minute, you will find out your eligibility for the grant. If you are found ineligible, you may apply for subsidy. If you are qualified, apply for the grant online. Soon, your energy supplier will deal with you through their authorized professional advisor who will assist you throughout the process until your new boiler is delivered and installed in your home.

Those who have availed are certainly enjoying the warmth of your homes. For those who haven’t, it’s the best time to open your laptops and personal computer or take up your phones and avail of the energy efficient boiler assessment through the free boiler grant.

Less is More: 3 Budget-Friendly Tips for First-Time Kent Homebuyers

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For many of us, purchasing a house is likely to be the single most sizeable investment that we will probably make in our lifetimes. While it is a joyful and fulfilling experience that stems from planning, savings, and hard work, it can also create a lot of stress, worries, and struggles due to its financial impact. And if you don’t want the experience to be any less than stellar or find yourself with money problems down the road, you’ll need to prepare yourself for the process. So to keep yourself from spending more than you can safely afford on your dream home, here are a few budget-friendly tips to keep in mind.

1. Begin by establishing a budget

Before you start looking at real estate listings, you must first establish a budget. After all, without an estimation of your expenses and income, you won’t know how much you can safely spend on a new house, and as a result, it will leave you susceptible to spending a lot more than you should. However, by doing the maths and putting everything on paper, you will be able to figure out your price range and ascertain whether or not you are capable of shouldering the financial commitment that home ownership entails.

It is also worth considering hiring financial advisers if you require additional assistance. It may sound like an additional expenditure to spend on mortgage advice in Kent. But you’ll get impartial advice that will allow you to get what you want depending on what you have to work with.

2. Assess the actual cost

The majority of first-time buyers usually don’t look beyond the monthly mortgage when it comes to determining if they can afford to purchase a house. However, this can be a potentially dangerous mistake that could leave you unprepared to shoulder the financial responsibility of the home. So before you make any commitments, make sure that you assess the actual cost of the property, from updates and repairs, taxes, and utilities to seasonal maintenance and insurance. In this way, you won’t get caught off-guard with unexpected costs.

3. Explore every option available

Depending on the desired location or community, you’re bound to find more than one potentially viable property. And if you want to drive the costs down as much as you can without making any concessions, you’ll want to keep your options open and explore all available listings before you decide. Doing so will help you find properties that are much less expensive, and, in turn, keep the financial weight of the commitment much easier to shoulder than it would have otherwise been.

No one can deny that buying a house is a big commitment. However, the process doesn’t always have to put you at financial risk. By carefully establishing a budget, considering all of the costs, and giving yourself enough time to explore every avenue, you’ll surely find the right home at a good price.

Profits Of Ford Reached $3262 Million

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Ford’s profits reached $ 3,262 million. The car firm earned more than 36,000 million in the first three months of the year.

Ford reported this Wednesday that in the first quarter of the year it had net profits of 3,262 million dollars, when in the same period of 2020 it accumulated losses of 1,993 million , thanks to the improvement of its operating costs worldwide.

Ford noted that its adjusted earningsbefore interest and taxes amounted to 4.816 million dollars. In the first quarter of 2020 the car company lost 632 million. Its income in the first three months amounted to 36,228 million dollars, 5.5% more than a year ago.

Of this figure, 33,554 million dollars came from the automobile sector; 2,663 million from Ford Credit, the company’s financial arm; and 11 million from the Mobility unit. At the end of the quarter, Ford had cash of more than $ 31 billion and its combined liquidity stood at more than $ 47 billion.

Ford closes the ere of 630 layoffs in Almussafes with an agreement
For the whole of 2021, Ford improved its outlook for adjusted earnings before interest and taxes to a range of between $ 5.5 billion and $ 6.5 billion, after posting a loss of about $ 2.5 billion from the semiconductor crisis .

Ford CFO John Lawler said the worst of the chip shortage is yet to come, especially after the March fire at a semiconductor production plant in Japan. The company anticipates that the chip supply upgrade will not occur until the second quarter of the year.

After announcing the results, Ford president and CEO Jim Farley said in a statement that the company is relentlessly executing the restructuring plan. “Without question, we are becoming a stronger and more resilient company,” added Farley.

The improvement in Ford’s results at the beginning of 2021 occurs despite the fact that the company lost world market share: it went from 6% to 5.3%, and sold 1,062,000 cars, 6% less.

By region, Ford had revenues of $ 23 billion in North America, $ 400 million in South America, $ 7.1 billion in Europe, $ 800 million in China and $ 2.3 billion in the rest of the world.

North America provided a profit of 2,949 million dollars, Europe 341 million and the rest of the world 201 million. South America lost 73 million and China 15 million dollars.

Things to Know Before Purchasing an Investment Property

Let’s get this out of the way: unless you’re buying and maintaining several rental properties at once, with dozens of tenants and few or no vacancies, rentals are not a great way to make money. You don’t buy a property just to rent it; you buy a property as an investment, and you rent it to earn income passively as the property ideally rises in value. To put it into perspective, your operating expenses as a landlord could be 80% of your income received through rent collection, or they could be 30%. Either number represents a net profit but not necessarily a livable, complete income. For the average investor, renting is not the endgame, but it’s still worth your time. However, investing in real estate comes with its own pitfalls unique from those faced by home buyers. Before taking the plunge into real estate investment and finding yourself on uneven footing, take a minute to go over these important points shared with us by the rental property experts at Utopia Management.

Down Payments on Investment Properties

Before anything else, you should beware of the upfront cost of a real estate investment. Compared to properties purchased with the intent to occupy, investment properties require a steep down payment. Don’t expect to pay any less than 20% for a home you plan on renting out, and forget about mortgage insurance — it’s not available to you in this scenario. Before beginning the strenuous process of purchasing a rental property, consider the real initial cost. If you have the means, you may want to purchase outright, but depending on what you expect to charge your tenants, financing may ultimately be the more profitable option.

Interest Rates

2020 displayed remarkably low-interest rates, making it rather affordable to borrow. While interest rates fluctuate just like markets and can sometimes be advantageous to borrowers when financing investment properties, you’ll still be subject to higher interest rates than those encountered by someone purchasing a property to use as their residence. Expect high-interest rates, and do what you can to negotiate lower monthly payments so as not to cut too hard into profits generated by renting.

Low Hanging Fruit

For your first real estate investment, aim low. You don’t want the priciest house on the block; you want a decent place in a neighborhood that shows potential for growth and value. The more expensive your initial purchase, the more expensive it will be to maintain going forward. Your first investment property should be a small home with manageable projected maintenance costs. Conversely, don’t even think of buying a dilapidated property for your first foray into real estate. While the price tag may be tempting enough to convince you you’re up to whatever major renovations await, resist the urge to bite off what you might not be able to chew. Start with low-hanging fruit — not rotten ones.

The Risks of Being a Landlord

Renting out an investment property may look like a legitimate passive income scheme to you, and for many, that’s a reality, but you should still take some time to acknowledge the risks involved. Your property could very well sit empty for months if the surrounding rental market becomes oversaturated or if you simply can’t find a suitable tenant who meets your employment, credit, and background standards. This is not an uncommon occurrence, and if it happens, it will cost you money. Make sure you’re able to absorb the cost of a vacant rental unit in such an event.

There’s also the possibility of bad tenants. Even applicants with sufficient provable income, good credit, and no criminal history may end up causing damage, missing payments, or otherwise displaying such belligerence that you seek an eviction; in that case, you’re in for a world of legal fees on top of whatever repair or renovation costs may be incurred.

Then, there’s the risk of your property decreasing in value. In today’s hyped up real estate market, devaluation isn’t a hot topic for entry level investors, but if you’re not smart about your investment, or just unlucky, you may see your property’s value drop. If you’re financing that property, beware of its value dropping below your outstanding mortgage balance and netting you negative equity. Using a Property Valuation Calculator on a regular basis can help keep track of changes in a property’s value. Compounded with normal operating costs and potential added costs of dealing with bad tenants, property devaluation will likely put you in an uncomfortable situation.

Landlord Insurance

Because of the aforementioned risks, landlord insurance is a must for anyone seeking to profit from renting out their investment property. Landlord insurance covers lost income from renting and the costs of property damage, as well as insulating you from liability in the event a tenant or guest injures themselves due to negligent property maintenance.

Hiring Property Management

If you’ve rented before, there’s a good chance you never met your landlord. In many cases, everything from tenant interviews, to leasing, to physical upkeep is handled by a property manager. That can be one person, but often it’s an entire firm with ample staff and diverse clients. While you might think of property managers as largely concerned with high-volume properties like apartment blocks, many owners of single investment properties find it within budget to hire a property manager. This is ideal for someone who works full-time, lacks the proper equipment for property maintenance, is not incredibly skilled in repair work, or just doesn’t want to deal with tenants directly.

Bitcoin Gambling UK – Is it Worth the Risk?

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Bitcoin is a kind of cryptocurrency that is actually a digital currency. They are available to trade as people do with shares. The very first use of Bitcoin was recorded in 2009 and was implemented as open-source software. Cryptocurrencies are free from any regulation of any central organization and therefore in many countries, it is not legalised to date.

Bitcoin operates as a peer-to-peer medium to payment and there is no intermediary. Bitcoin distribution is monitored by the nodes of peer-to-peer networks and therefore the recording of their transactions and distribution is known as Blockchains.

What is a Bitcoin Casino?

Bitcoin casinos are traditional online casinos where you need to bet through Bitcoins. These casinos provide lots of fame on which you can bet and win more Bitcoins. Lots of online casinos have changed or better to say upgraded to Bitcoin transactions as these cryptocurrencies are monitored centrally. Most of these online casinos have come into operation in recent years which deal with Bitcoins.

Most of these casinos offer their customers not only traditional casino games but also have designed new games and re-modified some new games so that they can attract the players. Betting-based games spread betting as well as online lotteries also have been included in them. Seeing the current price of Bitcoins, you may think that these games are going to be expensive. But the reality is that they aren’t actually. You can also use milli and micro Bitcoins as we do with physical money. A milli-Bitcoin is the 1000th part of and a micro Bitcoin is the 100000th part of a Bitcoins.

How Do These Bitcoin Casinos Work?

As Bitcoins are known as digital currencies, they can only be used virtually. You never can have a Bitcoin physically and thus you need to trade online with them. You will even get your reward amount too in Bitcoins which will be deposited directly at your eWallet. You are allowed to en-cash them whenever you want or you can transact with them if you want to.

First of all, you have to put some Bitcoins as initial deposits to the online Bitcoin casinos and from there you will get some tokens to play various games. These Bitcoin casinos also offer you jackpot games where you can win up to 500 BTCs too.

Risks Involved in Bitcoin Gambling

Cryptocurrencies are not physical currencies and therefore their value depends on the demand and supply factor. When you are investing in as well as gambling through cryptocurrencies, there is a risk of having some trouble in that. Since in many countries, these cryptocurrencies are not legal and no central agency controls their market, so there is a risk of volatility in it. You may lose your money in the blink of your eye. Here are some of the risk factors of Bitcoin gambling UK which you need to know and examine before you place your bet using these cryptocurrencies in any casino in the United Kingdom.

Rise of Altcoins

The cryptocurrencies are known as Altcoins or alternative coins which you can use in your transactions. They were actually generated with the aim to eliminate the third parties while distributing them among the interested people. Therefore they have eliminated the need for a bookie while placing their bets on any online casino site.

Political Environment

In many countries around the world, there is no legality of cryptocurrencies. They are not maintained as well as monitored centrally. Therefore in many countries, there is a calm view on Bitcoins as a very little percentage of people use them. This doesn’t cause any kind of trouble to the economy so far. But nowadays, when the prices of these Bitcoins are getting higher and higher, the central agencies have started reckoning their power. Many governments are trying to shut it down as it is causing them to lose tax amounts from people.

Volatility

The Bitcoins are not stationary at per their values since like the share market their rise and fall are never precedent.  According to the experts, these cryptocurrencies are always the most volatile assets which can lose all their value in no time if the situations are adverse. Here are some of the reasons for the volatility.

News

Being alternative currencies, they are relatively new in the financial sector. Therefore you need to have some stability in the conditions to gain the beliefs of the users. Therefore until the situations come in favour of Bitcoins, there will be some roller coaster rides always.

Herd Mentality

Many people have invested their money in Bitcoins without knowing properly about it. Therefore there is a trend of panic selling in them when they will see the ups and downs in values.

Paying Off Debt Whilst Single

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If you are a single person paying off debt, you are probably aware of some of the negatives of doing this by yourself. However, it is not all doom and gloom as there are also positive things. Having gone through my debt free journey whilst single a few years ago, I thought I’d share some of these positive points. I will also share some things I did to help myself combat the negatives, too.

Positives of being a single when paying off debt

1. You don’t have to worry about anyone else being ‘on board ‘with your plans.

The only person you need to make sure is on plan, is yourself (and that can be hard enough!). The best part of being single is that once you decide to do something, you do not need to consult someone else.

If you have older children, you might want to ask their views and opinions, or at least tell them that things will be changing. You will need to explain to them that your money situation is changing, because up until the point you start paying your debt off, they would have been used to getting toys, sweets, games etc.

You can use this to teach them about why debt is bad, and how important it is to spend less that you are making. This can be much easier to explain if your children are older, however, the younger you teach kids about money, the better!

2. You have total control of the budget.

As a natural control freak, I love that there is nobody’s opinion to consider, except mine. You do not have someone telling you to put more/less money towards debt, less/more towards sinking funds, or to add new things into the budget. The only arguments you will have about the budget, is with yourself. Of course, this has its downsides too, but we will discuss this later.

3. You don’t have to be concerned about another person’s debt

This is hands down the biggest positive about being single on a debt free journey. You will not have unexpected or unknown about debt popping up! One of the main issues that I hear from married/co-habiting couples is the fact that they did not really know ALL debts that their partner had.

If you are single, you do not have to worry about that!

4. Generally, your expenses will be cheaper.

Things like gas, electricity, water, and food bills should all be cheaper if there is only one person in the house. Also, you will probably only have 1 car (so 1 monthly petrol amount, 1 insurance, MOT and Tax to worry about), 1 set of hobbies to pay for, 1 category for adult clothing. The list goes on!

Also, if you are a single adult living alone or are a single parent living with children, you can get a 25% reduction on your council tax bill! This is often overlooked by most, but it is something I took full advantage of.

Negatives of being a single when Paying off Debt

Now on to the not so positive aspects of being a single and paying off debt. This is NOT meant to be a downer, but it is meant as a tool to keep you on the ball. It also allows you to be aware of the pitfalls so you can avoid or find ways around them.

1. You only have one income

This is the biggest barrier to being single and paying off their debt. You may only have one set of expenses and debt, but you will also only have one income. Of course, this may not be the case if you have more than one job, but for most, you may only have one income.

A great way around this is to find a second income stream. This includes things like matched betting, freelancing, taking online surveys, etc. You can then use this additional income to pay off your debt faster. There are so many ways to make money in your spare time.

2. You may not have any real-life support

I found this one hard. Nobody is as invested in your financial future as you are. Therefore, nobody wants to talk about it 24/7. If you are anything like me, you LIKE to talk about it 24/7 and are slightly obsessed.

What you can do to get around this is to look for support in other places. This means looking for local support groups, both offline and online. I have found and am part of many Facebook debt support groups.

When I got home from a long day at work, I didn’t have a partner to tell how I didn’t spend any money that day, how I stuck to my budget, or how I felt I had failed and needed encouragement. That is where the Facebook groups comes in. We all support and encourage each other, and sometimes give each other a ‘nudge’ if we are going off plan.

I hope this post has shown you that single people living alone can pay off debt too! It may take slightly longer, but final result is just the same.

The Advantages of Investing In Gold

Gold is often regarded as one of the most precious metals on earth. With the ongoing pandemic proving the uncertainty of many investments, it’s not surprising that the global demand for gold has surged. There are many advantages to investing in gold compared to stocks or bonds, and this article will go through a few of those reasons.

Gold is Highly Regarded

Gold has been prized throughout the ages, resulting in economic, religious, and social significance, and for centuries, it has been highly valued and sought after in many cultures. Gold has been seen in funeral rituals in Egypt, in temples, ornaments or gifts of jewellery in Asia, and even for medicinal purposes in Europe and today, gold remains in regular use in these countries, proving that it can stand the test of time in value and popularity

The Benefits of Physical Gold

Investing in allocated (physical) gold is a safe choice in the current economic climate. Stocks and shares are known to crash without warning suddenly, and paper money naturally loses value over time, whereas physical gold is an inflation-proof investment. Moreover, gold is an effective long term investment, with its value increasing by 655% over the last 20 years, presenting a considerable return for investors over time.

As mentioned above, gold has always been in high global demand. Therefore, you will always have an opportunity to sell your physical gold if you need to. Another advantage to investing in physical gold is the security you gain instead of online investments. As we become increasingly digital in all aspects of life, the benefits of tangible assets, in turn, become more appealing.

Furthermore, physical gold is safe from online hackers and identity thieves. Therefore, if at any moment you find yourself without internet or in a compromised online position, the possession of physical gold really could be a lifesaver.

The Benefits of Unallocated Gold

The most common form of gold investment is unallocated gold. About 95% of the world’s gold ownership is in unallocated gold. This means that you do not physically own the gold, but it is backed by a bank’s physical gold reserve, and as it has no storage costs, it is often cheaper than physical gold. In addition, a considerable benefit of unallocated gold, compared to other commodities, is that it has much lower volatility, and with demand remaining reasonably constant, interest rates are likely to stay low.

Gold exchange-traded funds (ETFs) are also a cost-effective way of investing in gold stocks, allowing investors diversified exposure to gold without having to invest huge sums of money.

Whether you choose to invest in allocated, physical bullion or coinage, or unallocated gold, it is easy to see the benefits of doing so. Whilst the price of gold can be volatile in the short term, it has proven to hold its value in the long term and remains an invaluable long-run inflation hedge that provides a strong foundation for any risk-intolerant portfolio.

Business trip to Australia: get the right visa

Australia has always been a key market for any investor worth their salt. The country offers a host of possibilities for companies looking for both short-term and long-term investments. Yet one thing that works against Australia is its isolated location. A trip to the land down under is both costly and time-consuming. That’s why it is crucial that you apply for the right Australia visa for your trip.

Working (Holiday) visa
Australia is known as one of the most popular countries for young adults to spend their gap year. The government has made a special visa available for this, the Working Holiday Visa. With this visa type, you are allowed to perform manual labour during your stay in Australia. It lasts for twelve months and allows you to work for the same employer for up to six months. The visa does have an age limit, however. The maximum age to qualify for a Working Holiday Visa is 30 years. What’s more, this visa type is quite expensive, costing around £250 for a single one.

ETA visa Australia
Another visa type, and one of the most popular ones for travellers headed to Australia, is the ETA visa. The ETA is an electronic visa type, meaning it can be applied for online. Like the Working Holiday Visa, it is also valid for one year, and allows you to leave and enter Australia an unlimited number of times. However, an ETA visa does not allow you to perform manual labour. To do so, you need a special work permit.

eVisitor visa Australia (subclass 651)
Finally, there is the eVisitor visa. This visa strongly resembles the ETA visa, with one key difference: it is a fair bit cheaper. The downside is that the ETA is available to more nationalities compared to the eVisitor. The eVisitor is therefore meant for countries which the Australian government deems safe and reliable, to offer their citizens an added benefit when travelling to the country. The UK is one of these countries, which is unsurprising considering the close ties between the two nations.


Business trip? Get an eVisitor visa
Business trips rarely involve actual physical work. They are generally short stays during which introductions are made, negotiations are had or conferences are attended. With an eVisitor visa, all of this is allowed. And this is where a lot of mistakes are made, leading to unnecessary spending. Work permits can cost quite a penny, as does the ETA visa. The eVisitor visa Australia is by far the cheapest out of all the visa options for Australia, only costing £14.95 per visa. In other words, a business trip to Australia does not have to be a costly endeavour, at least as far as visas are concerned.

The application procedure for getting an eVisitor visa is also very straightforward, especially when compared to some of the other visa types. To get an eVisitor, all you need to do is fill out the online application form. This form is fairly short and can be filled out in as little as five to ten minutes. Approval generally takes around five days.

Additionally, an eVisitor visa Australia is of course also a tourist visa. You are not limited to just business work during your trip. If you have friends or family living in Australia, you are free to visit them. The only requirement attached to the visa is that you don’t work in Australia and that you don’t overstay the validity length of three months.

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