Using Your Business As A Gateway To Travel

Given that you’ve been able to start your own business, it’s obvious that you’re an incredibly driven and motivated person. You find it hard to ignore your dreams, and your ambitions push you to go further in everything you do. Of course, then, it is a shame that most people in your position give up on one of their biggest plans of all; travelling. When you’re busy with work, it can often feel as though you have no time for this sort of treat, and a lot of people will choose their company over their relaxation. With the right balance of work and entertainment, though, it doesn’t have to be this way, and this post is going to show you how. image flickr.com

Using Your Business As A Gateway To Travel - Denver Airport image

Branching out will be the first job you have to do when you’re getting started with this. Depending on the type of business you run, it could be very easy to find connections around the world, and it may be a simple matter of doing some research to get the right one for you. Of course, though, not everyone will have it this easy. There are loads of companies out there which are dedicated to helping with international networking, and this can make the process much easier.

Once you have some connections made, it’s time to start looking for reasons to go and meet with them. This should always be related to the business you can do with them, as this will enable you to work on improving your business with your vacation, instead of merely using it. A fresh business idea, some cheap products, or an offer to buy something are great reasons to go and see someone, even if they are far away.

With a meeting in place, you will now have to start looking for the bookings you’re going to need. Getting the best value flights will take a little bit of research, and you may have to spend some time on this if you want to save some money. Websites like Skyscanner can be perfect for this, as they offer the chance to track flight prices to make sure you’re buying at the right time. If you’re travelling a lot for your business, this sort of action will become essential.

Finally, as the last booking you will have to make, it’s time to think about the hotel you will be using. Companies like Icon Property have loads of fully-fledged apartments on offer, all with unique and interesting features. This sort of approach will often lack the services you get from a hotel, as you will; have to look after yourself. On a long trip, this will be perfect, as it will help you to avoid becoming reliant on staff.

Hopefully, with all of this in mind, you will be inspired to start looking for ways to use your business to travel. From conventions to large meetings, there are plenty of reasons to chase this sort of dream, and a lot of modern companies will have a lot to gain from it.

Giving Teenagers Financial Responsibility

Teaching children and young people about money is something that we believe very strongly about. We are grateful for this excellent guest post by author Chrissy Duncan.

Giving teenagers financial responsibility before they are 18 is important. It gives them experience in looking after their own money and dealing with banks whilst they are younger. They can do this without fear of getting into debt, or damaging their credit rating. They will be able to pick up good spending habits and learn about interest and savings.

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Introducing teenagers to prepaid Cards

A prepaid card is a good way to start teach teenagers to be responsible with their money, and they can spend only within their limits. The card can be “loaded” with money via the website or an app, be this with wages or pocket money. There is no way that they can get overdrawn, or get into debt. You can use it to pay for things in the same way as using a credit card for purchases. An adult can apply for a prepaid card on behalf of a child from the age of 8 upwards, and they can also set spending limits and monitor usage if necessary.

Setting teenagers up with a bank account

Making sure that teenagers have a bank account is a good way to help them to use money responsibly. This is key to helping them understand about dealing with financial institutions. The child has to apply for a spending card, which they can do from the age of 11. All banking transactions can be done using a mobile phone app. They won’t have access to an overdraft, so can only spend the money that they have. A bank account will give them financial independence and responsibility.

Giving teenagers financial responsibility before they are 18 is important. It gives them experience in looking after their own money and dealing with banks whilst they are younger. They can do this without fear of getting into debt, or damaging their credit rating. They will be able to pick up good spending habits and learn about interest and savings.

 

Teach teenagers about interest

Teaching teenagers about interest is extremely important. If they have a savings or current account, they may be able to accumulate interest on the money that they are keeping in the bank. It is also worth teaching them that a loan or credit card works the other way around, as they can apply for one at the age of 18. The more money that they have in their bank or savings account, the more interest they will be able to accumulate. Doing an online course about compound interest rates is a good way of educating them.

Having financial responsibly should be taught to children and teenagers before they are 18. By helping them have independence early and educating them about money, they will be less likely to have financial issues in the future.

Myths About Making a Compensation Claim

Myths About Making a Compensation Claim - tablet with compensation image

Image source – http://www.thebluediamondgallery.com/tablet/images/compensation.jpg

If you have been involved in an accident that was not your fault, and you are thinking about making a claim for compensation, it is important to do your research first. A lot of people make the error of diving right in without really knowing anything about the claims process. With that being said, read on to discover some of the most common myths regarding compensation claims so that you can separate the lies from the truth.

Myth #1 – You can claim whenever you want – This is one of the most common myths believed by people when it comes to making a claim. In fact, the sooner you claim the better, as you can see in one of our recent blog posts at http://www.thefinancialfairytales.com/. In most cases, there is a three-year time limit on claims. However, there are some exceptions to this rule, which is why it is not worth taking any risks. For example, for criminal injuries, you may only have two years. On the other hand, if you have been the victim of an industrial injury and you cannot pinpoint an accident date, you will have three years from the date of your diagnosis instead.

Myth #2 – You can claim without seeing a doctor – This is another myth that could jeopardise your entire case if you believe it. A lot of people hate nothing more than having to go to hospital. Therefore, when they sustain a minor injury, they attempt to look after themselves. They avoid a trip to the doctor’s office and they simply rest up at home and allow themselves to go better in this way. Not only is this not advisable for your health, but it can also have a damaging impact on the chances of your claim being a success too. This is because the medical report that your doctor puts together is the most important piece of evidence in any claim. This report will state the injuries you have suffered, how long it will take for you to get back to full health, if indeed you will, as well as your recommended course of treatment and any medication you need to take. This will then be used to determine how much compensation you will receive.

Myth #3 – All personal injury solicitors are the same – As is the case with all services, there are different levels in terms of the quality provided. The same applies when it comes to personal injury solicitors. You need a company that has a lot of experience and the capacity to handle a case of your magnitude and nature. It’s also important to look for a business like www.lawsonlegal.com.au who represents clients in a holistic manner in regards to their needs. Aside from this, you need to take the time to read reviews that have been left by previous personal injury victims as well to make sure the legal firm has a good reputation.

Myth #4 – You cannot claim if you were a passenger in the offending vehicle – A lot of people assume that they will not be able to make a claim for compensation if they were injured in a road traffic accident and they were in the offending vehicle. So long as you did not cause the accident, you can still make a claim. For example, if you were a passenger in the vehicle of a driver who was speeding and crashed, and you sustained whiplash because of this, you would have grounds for compensation. In fact, even if you were partly responsible, you may be entitled to a payout. Nonetheless, the amount you receive will be lower to reflect your involvement.

Myth #5 – No Win, No Fee guarantees you won’t pay a penny – This does depend on the legal firm you work with. Some legal firms are true to their word and No Win, No Fee, therefore, means that you are only going to pay legal fees if your case is successful. Nonetheless, there are some companies that still do implement small charges even though they follow the No Win, No Fee approach. This is why you need to read the terms and conditions of your contract before proceeding.

As you can see, there is a lot of misinformation on the Internet these days, but hopefully you now have a better understanding regarding what is the truth and what isn’t. This should make you feel more prepared for launching your compensation claim and getting the payout you are entitled to.

Defeating The Villains Of The Financial Business Fairy Tale

Any fairytale needs a hero and a villain. Neither can exist without the other, and there have been some fantastic villains. You’ve got the obligatory evil stepmother, the snow queen, and even the big bad wolf. Any one of which is sure to send shivers down your spine.

Sad to say, such villains don’t only exist in books. There are many real-world villains, too. They make themselves known in the criminal, political, and even financial world. If we had our way, there would be no bad guys when it comes to finances. But, that’s rarely the case. Both our personal and business finances go up against the baddies. This can be tough enough with private finances, but when your business is up against it, the risks are even more substantial. That is unless you find a way to defeat those baddies. Which is precisely what we’re going to look at here.

Defeating The Villains Of The Financial Business Fairy Tale - Disney's Evil Queen image

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Debt

The first financial villain is debt. It makes itself known, even in the business world. There’s no way to start an enterprise without borrowing, or spending, a significant amount. Of course, that isn’t an issue if  profits cover the cost. But, if your business takes a while to get off the ground, debt can get out of control. When you’re failing to pay large amounts, there’s a risk that your company could go bankrupt. To make sure that doesn’t happen, it’s essential to get a grip on finances. Cut costs and do your utmost to meet payments. If there is a delay, talk to the company in question. With open communication, it’s likely you’ll be able to reach an agreement. If you keep quiet about your troubles, however,  you’ll soon find yourself in a bad situation.

Bad credit

In many ways, bad credit is debt’s right-hand-man. If you miss payments, you can be sure that bad credit will follow. And, this can make life difficult in many ways. For one, it’s a black mark against your business. On top of which, this will make it difficult to get a loan down the line. The good news is that there are still options out there. With a fast business loan, bad credit doesn’t have to ruin your options. What’s more, keeping up with payments on this second loan can improve your credit rating. As such, facing the fear here could be the best method of defeat.

Unexpected expenses

Villains love to make us jump, and unexpected business expenses often do just that. Just when we think we’ve found our financial footing, you can guarantee that a breakage of some sort sets us back again. The best way to defeat this villain is to save a rainy day fund. When things are going well, set aside as much money as you can. Then, you can dip into this if anything happens. A fast loan, like those mentioned above, can also save you here. But, remember that you won’t have to repay your savings, so that’s by far your best option.