Zum Inhalt springen

Best Finance Network
Get the best connectivity about finance.

July 27, 2013

Why use online payment services?

Online paymentWith the growth in popularity of online shopping has come a rise in the ways you can pay for goods on the internet. While many people still prefer the more traditional route of paying directly through online banking, there are a number of advantages to using these specialist services – particularly regarding security, which has become one of the biggest challenges for internet shoppers as hackers and fraudsters seek to take advantage of a whole new market.

Whenever you enter your payment details into a site, you are potentially putting them at risk: phishing attacks (in which users are directed to a spoof website that collects their information) and malware that logs keystrokes are just a couple of the ways the bad guys could gain access to your bank account. This has necessitated the development of more secure online payment services.

An example of one of these services is Ukash. With this method, rather than entering your banking details each time you pay for something, you simply exchange a set amount of money for a 19-digit voucher code, which then acts as a virtual “wallet” that can be topped up whenever you want. The code corresponds to how much money you have: whenever you spend, you’ll receive a new code telling you how much you have left.

This means you don’t have to reveal your credit card number to a variety of different shops in order to make a payment – as long as you treat your vouchers as you would cash, your money is secure.

Tags: , , , ,
February 20, 2013

Invest in specialisation and outsource your registry services

outsourced-call-centerIn highly competitive fields of work such as fund management and share trading, overhead tasks like registry services are becoming areas of specialty, with niche companies offering registry solutions and the like. Following the lessons of Ford’s infamous assembly line, this type of business works on the basic principle that specialisation in areas like corporate and share registry services is the key to efficiency, and therefore increased output, in any line of work.

Staying on the positive side of the bottom line, day in and day out, is not just about increasing the amount of work done but decreasing unnecessary overheads within your workplace.

Such as with registry services and registry solutions in the field of fund management, many business owners may think that their employees waste time doing menial tasks. But, taking a step back, many successful businesses come to realise that it’s the employees themselves, and the skills and training they have, that are wasted on menial tasks or tasks for which they have no training.

Leaving overheads such as share registry services to these providers of registry solutions may seem like even more of a hassle or unnecessary expense, but the reality of the situation is that cutting the menial tasks out of your business allows for workers to focus on the tasks that match their skill set; to challenge themselves with work and by putting aside registry services to the experts, and to become experts and specialists in their own fields.

What’s more, outsourcing registry services and the like to companies that focus on share registry services as their core business, means even faster output with less mistakes. Outsourcing a time-consuming and ultimately costly overhead of your business can only add positives to your bottom line.

When hiring out tasks like share registry services to registry solutions providers, you are not merely replacing one group of workers for another. You are also investing in the information and contacts you will acquire by hiring specialists. They will do more with registry services than what your distracted employees would have been doing otherwise had your registry solutions not been outsourced.

Tags: , , , , , ,
February 13, 2013

Is Renters Insurance Worth the Money?

Renters insuranceRenters insurance is certainly worth the expense and there are a lot of reasons why. As a renter, you have an obligation to insure the possessions in your home. While this may seem voluntary, most landlords require renters insurance. They do this because renters insurance is generally inexpensive, usually costing about $15 per month. The amount of money you are insured for can be as high as $25,000. This provides you with a lot of financial protection, for a very low price. Landlords see renters insurance as a responsible thing to purchase and they will sometimes not allow tenants into the facility without it.

Renters insurance covers your possessions

If you own a computer, television, phone, or expensive furniture, then renters insurance is very important to have. It covers virtually all of the items in your home up to a certain amount of money. The amount that you are insured for is generally somewhere between $10,000 and $25,000. This provides you with financial support in case your possessions were to get damaged or stolen.

Renters insurance provides coverage under many circumstances

Renters insurance can actually cover you in a wide variety of circumstances. This includes fires, floods, hurricanes and even theft. Therefore, if your items are damaged in a storm or if they are stolen by a criminal, then your insurance company can cover the replacement costs. It’s very important to have this available because bad things can happen unexpectedly. You never know when someone could break into your home or when a storm could hit. If it happens to you, you’re going to need the financial assistance.

Why is renters insurance inexpensive?

Renters insurance is affordable because the insurance companies do not have to charge a very high premium for the coverage. Renters insurance is purchased by millions of people, amounting to a substantial amount of profit for the insurance company. Very rarely do hurricanes, floods, or fires occur. Similarly, theft is not a very likely scenario when you are renting. This means that the likelihood of you having to use the insurance policy is low, as it is for everyone else on renters insurance as well. However, it’s still important to have as a safety net between you and a potential financial crisis. Since most renters insurance policy holders will never have to put the plan into effect, the insurance company collects a lot of money and this allows them to price their policies affordability.

Tags: , , , , ,
January 14, 2013

Take Advantage Of Around The Clock Trading With Binary Options

The world of binary options trading has gained greater prominence as more people become attuned to the trading benefits offered. The simplicity of making money from what amounts to a higher/ lower choice of asset price direction, coupled with the potential for high profits has helped to fuel an ever greater uptake from this method of trading.

The accessibility of this trading method has also increased interest in this form of investment. It is so easy to get yourself up and running. Account opening only requires a small deposit and contracts can be placed on any of the major global markets from just a few dollars.

Here we take a look at three key advantages of using binary options as an investment vehicle and make a case as to why you should take a look at this trading method as a viable and simple way to get started with financial trading.

1. Access Global Markets

When you first open you account with a binary options broker you may be surprised to see the wide range of assets that are available for trading. Unlike when trading with Forex brokers for example, you are not restricted to the assets on which you can profit. All of the major financial asset classes are offered, including Forex currency pairs, Stock Indices and Commodities. It is also possible to profit from movements in some of the largest global companies with contracts available for purchase on major players such as Google, Amazon, JP Morgan and Coca Cola.

This wide range of markets means that it is nearly always possible to find an opportunity to take. Furthermore trading can take place on your account wherever you are based in the world, as at some point, somewhere, a market will be open for you to analyse and trade.

2. Weekend Trading

If this ability to trade a wide selection of different markets during the week is not enough, you can also opt to trade at the weekend with some brokers. While the markets themselves are closed at this time, many brokers offer the facility to place a limited amount of contracts on certain assets over the weekend. Due to the market being closed and the trader not knowing where the market will open first thing on a Monday morning, the returns offered for these trading positions tend to be high. Many of these contracts yield well over a 400% return.

While there is much more speculation involved with these positions, they nevertheless can provide a good way in which to make a high gain on your investment. You just need to select your opportunities carefully and only use small amounts of your capital when trading these outcomes.

3. Profit From Different Price Outcomes

While binary options trading is often thought of as profiting from a higher or lower movement of an assets price, there are in fact many ways in which they can be used to capture market moves. While the Call and Put option are the most easily recognisable of the binary trade, there are an increasing number of new contracts now available. These will allow you to profit from a range of different market outcomes.

The most popular of these newer contracts are the One Touch and Boundary range. The key benefit of these is that you can use them when no trends are present and markets are simply looking to ‘mark time’. These provide a further way in which you can use binary options to keep building up the value of your investment over time.

Tags: , , , , , , ,
October 30, 2012

Dropping habits to save money

Saving money on day-to-day expenditure is one thing, but reigning in your habits to save even more is another one of life’s challenges and involves taking account of your spending behaviour on things that you just don’t need.

Everybody has habits in life and there are always ways that you can use them less to save more money. Such spending habits include eating out, drinking (alcohol) and smoking.

There are so many people that refuse to cook in the home and so pay more for the likes of takeaways and meals in restaurants which can put a really stretch on their finances. Eating out should be a nice treat and not something that should be a common occurrence, unless you’re absolutely made of money.

It is so much cheaper to do a modest shop at the supermarket and begin cooking food at home to cut down the costs. Reserve one weekend of every month to treat you and your family to a night out and these nights out will feel special and can be something to look forward to, as opposed to ruining the effect with several each week.

Smoking is a habit that costs individuals not only their health, but also a ton of money. Those who are on about 40-60 cigarettes a day will be spending into the hundreds each week and so cutting down or dropping the habit completely will enable you to save bundles of cash.

An alternative if you’re struggling to quit completely is to switch from the conventional cigarette to electronic cigarettes. E cigarettes are made so that you don’t inhale of the chemicals of a standard cigarette and also help you save money, as they are reusable and so the need to keep buying cigarettes is removed.

If you buy Electronic Cigarettes from Freshcig.co.uk you’d be able to both rein in your spending, as well as increase your health along the way.

Drinking can also be an expensive and unhealthy habit to participate in. Alcohol is a massive expense to some, as they feel the need to always have some in one form or another in their fridge or wine rack.

Like eating out, having a good drink with friends or just as a reward after work should not be seen as a regular thing and should again be regarded as a treat.

If you are able to combine all of these, then you will be able to save a great deal of money and in some cases, enjoy a much healthier lifestyle.

Tags: , , , , , ,