Almost
1.5 million Ghanaians that reside abroad feel it is very difficult to send
money to Ghana to drench the thirst for
necessities of their family. The transfer methods are difficult and
time-consuming while the share cut down as a transfer fee is another critical
issue. For them watching a considerable portion of their hard-earned money
going into the pockets of money transfer platforms is a painful experience.

So,
we came up with a solution to these problems, and it is named online money
transfer!

Remittances Inflows to
GDP:

Ghana
is the 1st state of Africa that achieved Millennium Development Goal 1, and
according to a report, remittance flows are an essential reason for this
positive change. The ex-pats added 5.9942% value to the gross domestic product
through their remittance inflows. This value is expected to increase in the
coming years. Still, the issue is Ghanaians are mostly unaware of some
exceptionally well money transfer agencies that can do a lot of profitable
savings. 

Break The Stereotypes
and Explore More:

Mostly
when they intend to send money to Ghana, they go to the banks and sit all day
long, wasting the time they could either have utilized somewhere or got rest in
it. They even have to go through lengthy procedures and unnecessary fillings of
forms and attachments of documents. That all adds misery to their already
complicated life. Here the actual problem is their misconceptions about online
money transfer services, which they think will be challenging to use, time
taking and profoundly changing.

Our
suggestion for them is to break the stereotypes and explore more as an online
money transfer system is a whole new world!

Online Money Transfer
Service; Relief from Modern Problems

Online
money transfer service was introduced to the people as a remedy for their
problems which became standard after the concept of remittance flourished.
Earlier it was used to address the issues like long transfer time, high
transfer fee, and extended tours to banks but over time, it’s circle enlarged
to add other problems too. Currently, the online system of money transfer
mainly includes:

• Faster remittance
• Lower transfer fee
• Liberty to choose transfer method and locations of withdrawal
• Multiple currency exchange

The
services of an online transfer system are still growing, and that’s why we can
say that this system is slowly taking over traditional methods, and so is here
to stay.

Best Among the Rest:

Which
online transfer service can be the best option for overseas Ghanaians to
transfer money to Ghana? The answer to this question lies in the following
queries:

• Do they want to enjoy the transfer procedure from the comfort of their home?
• Do they feel getting an exchange for money is fatigue for them?
• Are they willing to cherish the most reasonable transfer rates?

If
all these questions, bring the answer “YES” then they should try ACE Money
Transfer service. 

ACE
has been there for the ex-pats for the last 18 years to make their experience
worth remembering. The impressive features multiply the comfort and thus
happiness of its customers. It provides challenging and unbeatable transfer
rates. So who can be more worthy than ACE?

How to Use ACE:

For
using ACE for your next transaction, you will need a smartphone or desktop and
an internet connection. 

You
will first have to register yourself by installing the mobile application of
ACE, or you can proceed further through the official website. An extensive
number of installations of this app is recorded this year. After registration,
you will

• Add your details
• Your recipient’s details
• Select the transfer method
• Enter the amount
• And pay easily

In
a matter of 10 minutes, your money will be transferred to your
family waiting in Ghana. For your satisfaction, a notification will send to
both of you.

Wrap Up:

The
increase in remittance can win the fight against poverty and the scarcity of
necessities of life. Today’s world is applying this method, and Ghanaians need
to use it as GDP can be significantly supported by people who send money to
Ghana their homeland. The money which is required for the household
requirements can turn the tables and add significant value to the country’s
development when seen in the big picture.

Research published by the Money Advice Service shows that 40% of British adults have less than £100 in savings. This leaves them exposed to all sorts of financial risks and will make it more expensive to deal with unexpected financial costs.

The figures are even worse when you separate it out by region. While the South East, which is the wealthiest part of the country, has 30% of its adult population with less than £100 in savings, it is worse in Northern Ireland and the West Midlands where the proportion skyrockets to 56.8% and 55.2% respectively. 

Wales and Scotland weren’t far behind, with 50.1% and 48.4% of its adults having less than £100 to their name. 

The research highlights a huge problem, with large proportions of the population not getting into a “saving habit”. Not having a cash reserve means these people will have to borrow money to pay for unexpected bills like a house repair or a garage bill. Borrowing money usually means paying interest, which increases the cost of the expense over the long term. 

Not a Lack of Cash

The Money Advice Service’s research showed that around one quarter of those on low incomes (less than £13,500 per year) still have more than £1,000 saved up. Meanwhile, almost half of the households with no savings earn more than £30,000 per year. 

From this, it has concluded that for a large proportion of the population the barrier to saving is that people adopt a “live for today” attitude instead of one that sets and works towards financial goals.

If you are one of these people and would like to begin building yourself a nest egg, then consider some of these options.

Set a Budget

Setting a budget is the first step towards saving money. You need to list out all of your fixed expenses; things like your rent/mortgage, utility bills, mobile phone, council tax, and commuting costs. These are bills you need to pay no matter what.

Then count up expenses that you can vary. These can include, food, meals out, entertainment, satellite TV, new clothes, and other discretionary spending.

You may also want to set aside a small amount each month for expenses you know you have to pay for every year. For example, dentist checkups, car servicing and MOT, Christmas and birthday presents. Add them together and divide the total by 12 to get your monthly cost. 

If the total of these three categories of expenses is higher than your monthly earnings, you need to start cutting. You can’t usually cut the first group (apart from some exceptions we’ll get to shortly), so you’ll need to start reducing your discretionary spending (we’ll get to how later).

Keep going until you have an amount of money left over at the end of the month that will help you achieve your financial goal. For example, if you want £2,000 of savings after a year, you’ll need to set aside £167 each month. 

Cut Discretionary Spending and Variable Bills

Now you have to find ways to make your spending habits fit your budget. Here are some ways you can do that.

Use Promotions, Vouchers and Coupons

Using vouchers and coupons may not make you look cool, but they will let you keep more money in your pocket. You can use them for almost everything too, so you’ll find ways to save money in just about every category.

Supermarkets and food manufacturers offer discounts and freebies to encourage you to try new products to promote loyalty. You can also find discounts and promotions offered by restaurants, entertainment businesses like cinemas and bowling alleys, and online casinos like Paddy Power Casino. 

Remember to only use them if you were going to spend the money anyway. Visiting a restaurant because you have a voucher means you spent money you wouldn’t have otherwise, so it’s not a saving. 

Use Loyalty Cards

Loyalty cards are another great way to cut your spending; they let you earn points and get discounts off spending in stores like Tesco and Boots. Again, just be sure you only buy things you would normally, otherwise you’ll not actually be saving money.

Ditch Satellite TV

Expensive TV packages from the likes of Sky and Virgin Media can really hurt your bank balance. You can find alternative options for TV, movies and even live sport through streaming services. 

Many providers, including Amazon Prime Video, offer free trials, so use these first and then you can choose one to subscribe to for the longer term. At around £9 per month, these services cost much less than the most expensive TV packages from Sky and Virgin which can cost upwards of £50 per month. If you watch live sport, you may find that a NowTV Sky Sports pass is a cheaper way to watch games. 

Some money transfer services help not only to speed up and secure the transaction, but also save money on it. With online systems, the user does not need to open a bank account or wallet.

One of the most convenient options for both the sender and the recipient is an online transfer to a bank account. The sender can quickly carry out an operation without having to go to a bank, or collect a large package of documents, while the recipient does not need to pay a withdrawal fee. In addition, you can get by with a minimum of documents. You can transfer money through international payment systems in different ways: online and offline.

Cut Fixed Expenses

While you can’t usually cut your fixed expenses by much, there are some ways you can find savings. 

Switch Your Energy Provider

Although you can’t change your water company in England, you can switch to a different electricity and gas supplier. Online price comparison sites like USwitch and Money Super Market provide you with a list of suitable alternative companies. If you haven’t switched before or for several years, you’ll likely save hundreds of pounds per year by moving to a new company.

Remortgage

If you own your home with a mortgage, you may find you can reduce your interest rate (and therefore your monthly cost) by switching to a new lender. If you are not on a fixed rate/term mortgage, then you will likely be able to switch.

You can do it yourself, with several sites online that can offer help. Alternatively, you can use a mortgage broker or independent financial advisor to find you the best deal. 

Check Your Mobile Contract

If you pay for your mobile phone on a contract and you’ve had it for more than two years, you are likely paying more than you need to be. Contracts usually last for two to three years, after which you will have paid off the cost of the handset. 

Some companies don’t lower the monthly fee afterwards though. So if you’re happy to keep your current phone for a while, look at switching to a SIM-only contract, which will be significantly cheaper.

Payday loans are the types of unsecured
loans which are only available for the individuals who want a loan in an
emergency, but due to low credit score, they are unable to get from the
traditional banks. These types of unsecured loans are the best way to navigate
from unexpected expenses. There are so many online lenders available on the
internet which offer you the payday loans at the best interest rates. Now the
thing is how you will get guaranteed payday loans quickly? Very simple, by
following the steps, you will get the payday loans instantly.

Steps to Get Payday Loans Instantly:

Do research:

The very first thing you need to do is
research online. When you search on the internet, “the payday loan
providers,” you will come across many lenders. You only need to consider
the top 10 results of your query. Now, you need to check their sites, take a
round of the home page, about us, loan terms and conditions, and most
importantly, testimonials. You can judge the authenticity of the lender by
reading their reviews. Once you are fine with the reviews, you can get in touch
with the lender.

Fill the form online:

When you choose a reliable lender, now the
next step to fill the loan application online. Click on the online loan
application icon, enter the details carefully. Before submitting the form, it
is advisable to read your personal and professional information wisely. As an
online lender, don’t ask you to submit a bunch of the documents, you only need
to submit the scan copy of your personal identity proof, bank statement, and
credit score report.

Approval process:

As soon as you submit the application form,
the lender will receive your application form and review it. Once he gets
satisfied with your application, he will give your approval letter at your email
ID.

Get the loan:

After an approval, you will get the
guaranteed payday loan at your account within 24 hours. In the event, if you
are unable to get the amount within 24 hours, you can call your lender and
share your query with him.

This is the process of getting guaranteed payday loans no matter
with instant approval. If you are seeking a trustworthy lender, who will offer
you the unsecured loans at the best interest rates, then feel free to contact
us right now. We serve you with the best payday loan and direct deposit at your account
instantly after the approval.

Benefits of applying the request for the payday loans:

Easy approval: payday loans are the
unsecured loans, so here you don’t need to share a bunch of documents for the
approval. A simple application form and personal identity and employment proof
are enough to get instant approval.

Best interest rates:

Most lenders offer you payday loans at the best interest rates. In addition, they will ask you to choose the repayment method and set the EMI as per your affordability. This facility is not available at the traditional banks.

No collateral required:

In order to take the payday loan instantly,
you don’t need to pledge for the collateral or put the assets against the loan.
To offset the risk of losing money, they will charge the interest rate that is
relatively higher than secured loans.

Guaranteed approval:

The chances of loan rejection is very low.
If your application suits to their eligibility criteria, they will approve your
loan in no less time.

Conclusion

We hope now you understand how to get the payday loans instantly. If you want a payday loan to sort out your emergency expenses, then apply for these quick loan cash.

It’s becoming more and more clear that despite
what central banking ‘experts’ previously shouted from the rooftops,
cryptocurrency isn’t going anywhere.

Recently, bitcoin showed it’s the connection
to the stock market and other global equities when it plummeted along with the
rest during the mid-March pandemic plummet. But since then, the daddy
of all cryptos has climbed back from $4000.00 to $9500. So, what can you do
with bitcoin?

Safe-Haven

Prior to the pandemic plummet, BTC proponents
were touting that it’s a safe-haven market for your investments. On the
flip-side, traditional financial pundits were declaring the opposite. Well, the
nay-sayers are eating their words. In the first quarter, bitcoin outperformed
the S&P 500, and already in May is outperforming gold.

Some might try to point out the volatility,
because BTC fell on March 12th, losing half its price. Well, news flash, everything
dropped and BTC is the one that has most significantly recovered. So, bitcoin
is in fact, very much looking like a safe-haven
investment at this point.

But if you already own coins?

Online Casino and Sports Betting

Sportsbooks that accept bitcoin can be used to instantly convert your BTC to cash plus some sweet bonuses without actually selling out. You can almost look at it as a cash BTC wallet.

If you are nervous about indicators showing a
coming price fall, you can load your sportsbook account using bitcoin where
it’s instantly converted to dollars. When you can back out, your current dollar
amount goes back into your BTC wallet. So, although you would lose out on any
gains during that time period, you would be protected from loss. Plus, if you
like punting on your favorite Premier League team, you can move your money in
and out of your favorite bookmaker in a matter of minutes instead of days.

The blockchain’s inherent verification makes
funding and withdrawing from sportsbooks a breeze. Traditionally, unless you
went to a brick and mortar outlet, you had to wait for days and sometimes a
full week when trying to withdraw a significant amount of money from your
account. Now, with cryptos, the average time is 12 minutes.

Secure Online Purchases

One of the biggest issues the public and
corporations alike have seen over the last decade or more is cyber-security or
better put, a lack thereof.

We are constantly putting our personal
information into form fields at the behest of online vendors, financial
institutions, etc. The problem is, sites are constantly getting scrape for
info, or even worse, some of these sites secretly sell your info.

Bitcoin and its blockchain are the answer to
this problem. Contrary to what many might think, BTC isn’t completely
anonymous. You
can track the BTC address to its owner. That said, when purchasing online,
you are using encrypted BTC information. It’s the equivalent of a no-reply
address. You can see where it came from, but there’s not really anything you
can do with it. So, hackers won’t be able to steal any of your personal info or
banking info because you didn’t enter any to make your purchase.

On top of this, the blockchain itself provides
a lot of security for the purchaser. If you are unfamiliar with the technology,
in a nutshell, it’s an immutable ledger. Essentially, when you make a purchase
with bitcoin, no one person holds the keys to the filing cabinet. The files are
held simultaneously across the entire network. So, each thing that happens on
the blockchain is recorded and reconciled. It’s verified over and over again.
So, this makes it virtually impossible for you to be mischarged,
double-charged, or rebilled, etc.

The only catch with BTC is because it is
decentralized, there is no-one to handle refunds. So, you should only do
business with reputable organizations and vendors. The blockchain proves that
you made the purchase, which is enough that any legitimate business will want
to follow through with their end of the bargain because their reputation would
be put in jeopardy; the proof is in the immutable ledger and online purchases
are more secure than ever before.

COVID-19 has presented many challenges for businesses and
individuals all over the UK, particularly those who are vulnerable. The elderly
and those considered high-risk have been advised to isolate themselves during
this difficult time, and unfortunately, financial scammers have used these new
social distancing measures as a platform for a new wave of financial scams.

From pension scams and lender loan fraud, to scams
surrounding school meals and medical supplies, there is a chain of financial
scams going around that you should protect yourself and your family members
from during the COVID-19 pandemic.

COVID-19 scams to look out for

Protecting yourself from financial scams

The National Crime Agency has released a 3-step approach to
protecting yourself and those you love from scams during COVID-19. This process
includes 3 simple steps that are highly effective.

1. Stop – Take a moment to stop and think before you part ways with any money or any other valuable information. Don’t be afraid to tell a caller you’ll call them back.
2. Challenge –  Do you suspect a hoax? Reject or ignore it immediately.
3. Protect –  Report the scam as soon as possible to Action Fraud and contact your bank if you think you’ve fallen victim to a COVID-19 financial scam. You can report any potential spam emails to the government directly by sending them to phishing@hmrc.gov.co.uk.

Additionally, you should always check if financial advisors
are registered with the FCA before deciding whether or not to invest your
hard-earned money.

What to do if you’re caught up in a COVID-19
scam

If you’ve already been caught out by one of these scams,
you’re certainly not alone. COVID-19 has raised the pension fraud threat level
and the UK’s National Cyber Security Centre (NCSC) said it took down over 2,000
online coronavirus scams in March 2020. Thankfully, there are actions you can
take to claim back any finances lost.

If you’ve fallen victim to a scam, such as a financial
investment scam, you should contact your bank immediately. More often than not
scams are detected too late to reverse any decisions – and that’s where an
investment claims company can help.

Organisations like Expert
Pension Claims can help you claim compensation for any financial
mis-selling you might have fallen victim to, including any pension scams that
occurred during COVID-19.

You can of course make a claim yourself either directly to
the adviser or the Ombudsman for free, but Expert Pension Claims, a specialist
claims management company, has recovered over £5 million for their customers
since 2012 and could help resolve any case where miss selling has occurred.
It’s never too late to claim back what is rightfully yours.