Word on Dime

When It’s Time to Say Goodbye to Your Rental Apartment

September 13, 2017 at 9:42 pm Comments are Disabled

A HouseWhile renting has benefitted you for quite some time now, you will get to the point wherein you’ll start thinking about buying a home more and more. Like most people in Utah, becoming a home owner is part of your goals, and now is a good time to consider turning this dream into a reality.

With the help of a mortgage lender in Salt Lake City, such as American Loans, you can finally bid your rental apartment goodbye and say hello to the wonders of owning your home.

Home Ownership Brings Emotional Satisfaction And Joy

The first and foremost reason almost all hard working individuals out there work so hard is because they want the freedom from monthly payments towards a property they’ll never own. While you would still have to make payments towards your mortgage, this money goes into ownership. Simply seeing your name in the deed will already make you throw your chest out in pride. At the same time, you’ll feel joy swell up knowing that your hard-earned money has gone into something that will shelter you and your loved ones for life.

Sense Of Security And Stability

Investing in a home is one of the best ways to have some semblance of security and stability in your life. Having a piece of land and structure on top of it under your name means you’ll have a warm, cozy, and comfortable shelter to come home to.

A Purchase That Appreciates And Is Safe Against Inflation

One thing that many people tend to overlook when it comes to home ownership is the fact that real estate appreciates over time, rather than losing value like many other types of purchases. Furthermore, the price of houses tend to go up rather than drop in times of market instability, especially when the demand exceeds supply. And with experts forecasting the continued growth of the Utah population in the following years, you should grab the chance to buy now than later.

Success of Credit Unions in Boosting the Economy of Communities

August 30, 2017 at 7:19 am Comments are Disabled

Woman stressed about moneyYou need finances to pay your bills, put meals on your table, take your children to school, enjoy a holiday trip, and many other essential activities. The source of the money is always a hurdle. You are at crossroads regarding where you could borrow money without staining your income or savings.

Economic experts advise that today, credit unions may be the preferred source of financial help because they are not only reliable but also readily available and cordial.

Here are some reasons for their success.

Strategic Structure

Community-Based credit unions have a strategic structure in their geographical location, board composition, not-for-profit model, and client base. First, they are based within the community and not in towns or major cities. Their existence and success depend on their excellent relationship with community members.

Their board of directors is not high profile individuals, but volunteers from the community. Equality is a policy they uphold throughout their service. Therefore, lenders, depositors, and borrowers receive equal treatment without hierarchical complications.

You would definitely feel warm and welcome when you meet someone from your neighborhood at your financial institution, whether you need personal or SBA loans in Ogden. Low-income credit unions, as people sometimes refer to them, use this strategy to make their clients feel at home.

Economic Growth

You do not have to be impoverished because you live on the outskirts of the city. You could use credit unions to build your assets such as acquire more land or build a bigger house. Similarly, they build the unions on the idea that people with low income can pull their little resources together, and loan each other.

You can appreciate them as a form of investment rather than a burden. Moreover, there are no minimum account balance requirements. Unlike banks, there are no fees, and interest rates on your saving s are higher than what banks offer.

You may want to consider credit unions because just like banks they offer mortgages, business loans, credit cards, debit cards, and checking accounts. You will also be proud to be part of the institution and not secluded or treated with less attention. 

Be the Best Bridesmaid with these Useful Tips

August 24, 2017 at 1:00 am Comments are Disabled

Vintage wedding carYour best friend is tying the knot, and she asks you to be the bridesmaid. While it is an exciting event, helping plan a wedding can be stressful too, especially if you have little time. And as a bridesmaid, everyone expects you to help the bride prepare for the event as much as you can.

Here are some tried and tested tips on how you can help without burnout.

Help Find a Venue

If there is one thing that is difficult to find when it comes to planning a wedding, it would be the venue. Looking for a place is a daunting task since there are many things to consider. First would be the number of guests and the type of wedding (indoors, garden, or beach).

You can look up wedding venues Corpus Christi, TX for ideas. There are those that cater specifically to weddings, such as The Ranch At San Patricio.

Stay Calm and Collected

With her upcoming wedding, the bride is sure to lose her temper at times. As a bridesmaid, it is your job to calm her down, and you can only do this if you are calm yourself. You know your friend well, and this makes you the best person to talk to her.

There will be a lot of things going on, and a cool head can make things go easier.

Talk About the Budget

If the bridesmaid’s dress goes beyond your budget, you need to speak to the bride. This should happen from the onset, so both of you would be clear on what you can and cannot afford. It is also a good idea to have some extra cash on hand in case there something you or the bride might need the last minute

While planning a wedding and being a bridesmaid can be a difficult task, but it is fun, too. Just keep in mind that a dear friend will be taking the road to marriage soon, and you are a part of that special event.

Technology Makes Personal Financing Easy: A Guide for Young Professionals

June 7, 2017 at 1:00 am Comments are Disabled

British pound coins up close macro studio shot against a shiny reflective White backgroundPersonal financial management is an intimidating thought shared among many young professionals. You may have earned some cash doing part-time jobs throughout secondary school and university, but being fully independent of the parents and handling your own money might be intimidating.

Fortunately, technology has found ways to make personal financing easier. You can now manage your money and balance your accounts with the simple tap of a finger on your smart phone.

Online Resources and News Websites are Everywhere

Decades back, people would have to wait for the newspaper every morning to read the news or to go to the library to research on something. Thanks to technology, you can now enjoy access to breaking news and credible resources online. You may use these to stay updated on the latest business news or to find a more effective way to balance your accounts.

As an example,Stock Market London fills online readers in on the latest news about the stock market, but it also publishes articles that provide tips for personal financing. Similar websites exist to help young professionals such as yourself become more financially responsible. You must be careful about the pages you visit, though, because not all are credible.

Mobile Apps Make Nearly Everything Accessible to You

Mobile apps include games and social networking platforms, but those are not the only apps you can download on your smart phone. Technology has made it possible to do mobile budgeting, track investments, transfer money between bank accounts and check the latest finance trends at the palm of your hands.

Of course, when you have doubts, you may also rely on peers and family to give you advice on how to better handle your money and manage your personal finances. Nevertheless, technology has made personal financing simpler for young professionals through online resources and mobile apps.

Essential Reasons to Invest in Gold and Silver Now

May 23, 2017 at 3:20 am Comments are Disabled

Gold and Silver CoinsYou may not be on the list of Singapore’s 50 richest, but there are many types of investments to consider if you want to make your money grow. One of them is in the trading of silver and gold. Here are some of the reasons many would be investors are looking into futures trading in Singapore and investing in silver and gold.

Gold and silver investments are a significant investment.

Unlike other forms of investments, Phillip Futures Pte Ltd emphasises that buying gold and silver bars and bullion means you are investing in something tangible. That can easily be traded in the market at any given time, which means your investments can quickly become liquid assets and you have the power to control the fate of this newly acquired wealth.in

Gold and silver investments have stood the test of time.

The value of other forms of investments continues to fluctuate. However, gold and silver investments have stood the test of time. Furthermore, as its production cannot keep up with its demand, the rates are more likely to become stable and even go higher. Also, even in times when the prices are low, people keep buying which push up the demand and prices altogether. Such is a regular cycle to get into if you want a form of investment that has a stable price in the market.

Gold and silver come in many forms.

The most popular types of gold and silver investments are in bars and coins. One can also buy them in other forms. You may opt to purchase in precious jewellery pieces instead if you are not keen on buying these other types of precious metals. Nonetheless, gold and silver investments are easier to transfer to the next generation, unlike real property or business, for instance.

Invest in Gold and Silver Today

Do not delay any opportunity to grow your wealth. Invest in gold and silver trading and learn the ropes of the trade if you are should you feel that you are ready for a sound and relatively safe and low-risk investments. This way, you will have more control of your wealth without having to worry about losing money in the years to come.

Meet Your Real Investment and Home Owning Needs

April 21, 2017 at 7:53 am Comments are Disabled

A Duplex UnitIf torn between the acquisition of a home and a rental unit, you can make a compromise that gives you the best of both worlds. You can realize both your investment dreams without losing the advantage of owning the roof over your head. A duplex can give you a taste of both sides of the coin.

You can live in one unit and let out the other one. Such a move enables you to lower the cost of your mortgage and will a little luck, some additional income. However, before rushing to make such investment, you need to take a few precautions.

Research the Market

Ideally, the other units in a duplex should help you pay off the mortgage on the loan each month. As such, you need to be sure of the level income you stand to collect from units each month. A detailed market survey can help you make an accurate estimate of the possible return on investment.

Otherwise, you are likely to make a crucial mistake capable of running your finance. More than just comparing income, you need to consider, the population and their income levels. Such a move enables you to calculate your income with a high degree of accuracy, allowing you to make an informed decision.

Get the Money Factors Right

Naturally, duplexes and multiplexes carry a higher asking price than single-family dwelling units do. Hence, you need to make sure your finances are in order before approaching a HUD multifamily lender for funding. If relying on the rental income from the units to cover part of the mortgage, make sure they are occupied.

You stand a better chance of success if you can back your claim with financial statements. Putting a sizable down payment in addition to having a high credit score and a low debt income ratio also helps your creditworthiness.

Multi-homes make an incredible way to kick off your real estate investment journey. These useful tips ensure that you make the right call when making your investment decisions.

Make Your Wedding Day Unforgettable

March 28, 2017 at 7:03 pm Comments are Disabled

Man putting the ring to the womanThere are many innovative ways to make your wedding day memorable for you, your spouse, and guests. Some of these methods may take a bit of time and money to plan, but is there a price you can put on making your wedding day amazing? If you are still looking to have a unique wedding without blasting your budget, these clever tricks can guide you.

Select unique wedding rings

Just like your wedding dress, your wedding rings will pay a central role in your wedding. Take the time to select the best pieces you can find within your budget. Visit a pawn shop for diamond rings or other stones that could fit your budget. Sometimes these pieces are more affordable than those you find in jewelry stores. Choose the best ones that suit you.

Wear your dream wedding dress

Your wedding dress is a big part of your wedding day. It is one of the things your guests will be anticipating to see as you walk down the aisle. Go to great lengths to ensure you get the dress you’ve been dreaming about if you can afford it. If you can’t find the dress you have in mind, visit different shops to sample what they have and pick what appeals most to you.

Choose a Lovely Location

Holding your wedding in a beautiful outdoor location can make it memorable. Pick a wedding tent rental service provider to get the ideal tents for the event. Some of these providers also help out with the decoration and can provide some ideas on how to make your day extra special.

Hire a videographer

Capture every moment of your special day on video so you and your loved ones can preserve it for posterity. It’s one way to relive the love and happiness of your wedding day. Get an experienced videographer who knows how to use the tricks of the trade well.

It takes some time to plan a perfect wedding, given all the details you need to manage. If you want to make sure you get everything right, you can always work with a wedding planner to help you create your dream wedding.