6 Great Tips When Moving House

6 Great Tips When Moving House - moving card

(image: public domain pictures)

Undoubtedly, one of the more stressful experiences we go through in life is when we need to move home. To make your life easier, these are some of the things you need to consider before the big day.

Throw away things you don’t need

Now is the perfect time to declutter your house. To save on packing, get rid of those things you don’t need anymore. That magazine subscription you have collected for years? Ask yourself, how often do you flick through back copies. Still have toys that your children played with ten years ago? They probably aren’t collector’s items if they are covered in scuff marks. Get rid of them. Of course, you don’t need to throw unwanted items in the trash. Give them to charity shops so somebody else can make use of your once cherished possession.

Pack early

Packing takes time, and you will be amazed at what you have collected over the years. Begin with the rooms you don’t use frequently and start packing the items that are not needed on a daily basis. By starting to get ready early, you will be able to collect all the packaging you need for your precious items. Be sure to label them all as well, for easy access when you get to your new home. So what if you live in a house of boxes for a few days? It will only add to the excitement of your pending move.

Hire a removal company

You could just hire a van, or make a hundred trips back and forth in your car. However, you can save yourself a lot of work, and back breaking pain, by hiring the professionals to do it for you. Whether you are crossing over to the next town, or moving interstate, the cost of getting somebody to help you will cross one extra chore from your list.

Keep hold of the essentials

There are a few things you will always need to hand, so be sure to pack them in a separate container. There will be items necessary for the car journey, and on your arrival at your new home, so don’t give them to the removal men. Items such as the kettle, mugs, tea bags, bottled water, paper towels and toilet rolls, are just some of the things you might deem important.

Tell everybody

Unless you are planning to move away in the shadow of night, so nobody can find you, it is probably a good idea to let your friends and neighbors know you are moving. They may be able to help you on the day you leave, and it would be good to exchange contact information so you can keep in touch. You could even ask a neighbor to keep an eye out on any mail you receive, so leave a forwarding address.

Stay positive

You may be feeling emotional at the prospect of leaving your home, but you can still take those memories with you. It’s time for a new start, keep it together and get ready for the next chapter.

Flying The Nest Financials

Flying away from the family nest is one of the most exciting and scary experience in a teenager’s life. Whether your teenager is moving into student housing or an independent home of their own, they’re going to have a lot of questions and you as the parent must be able to answer them all. Educating yourself on all things involved with renting or buying a home is going to be so important so that you can be the font of all knowledge your child believes you are.

Moving out of the house is a big deal for your teenager, but it is one to be celebrated. You’ve raised them to fly and this is what they are doing. So, teaching yourself everything you need to know on the differences between buying and renting a home is important so you can pass this on. For a student, moving into student housing dorms is going to be completely different to moving in with their friends or into an independent apartment. What do you need to know to be able to help your child?

Financial Information. There’s every possibility you’ve spent the past eighteen years saving up a chunk of money every month to help your child towards their first home, whether that’s a deposit to buy a home or a deposit towards a rental. If you haven’t had the means to do this, then encouraging your teenager to have their own job and learn to save up the money for their moving expenses is crucial. Moving out of the family home is greatly dependent on the finances and it’s not just the deposits, but money for furniture and cheap apartment rental insurance, which is an absolute must. You need your child to be safe when they do move, and their things need to be secure, which is something that insurance can give them and you.

Flying The Nest Financials - moving house image

Image Source

Area Information. Researching dormitories, apartments and even agents to help you look for somewhere to live is going to help you on your way to supporting your teenager flying the nest. Sift through the different agencies you can use to choose a new apartment for them to live in, as you need to compare prices of services and gather reviews for each company. If you must go down the route of renting an apartment instead of buying, then you’ll want your child to be well supported by the rental agency and their landlord. You can support from a distance, as well, so that they are secure.

Your teenager is probably jumping for joy at the idea of moving into adulthood independently, but you may not be. To help them fly the nest you need to prepare yourself along the way. Separation is a difficult thing for parents to deal with, not just children, and you may yourself struggle with the idea of them leaving your home. If you arm yourself with the right financial information and do your own research, you can ensure you are well-prepared for the changes ahead.

The Modern Investments

the modern investments - gold image

Image credit

Since the global crash in 2008, the wealthy have been looking for new places to invest their money. Banks seemed like a safe option but for the super rich, they became a worry zone, this was because most banks would only guarantee the safety of set limits of cash. So if you had 500k sitting in the bank and the bank went bust, you would only get 75k of your money back.

Ok, so most of us aren’t sitting around with half a million dollars in the bank. However, that doesn’t mean we can’t draw some inspiration from the High Net Worth Individuals (HNWI) and invest some of our money into the trends they are setting.

Property is always a good place to stash your cash. Firstly you have a tangible asset, something that might lose money but will, at some point make money. You are far more likely to break even over a few decades than end up with a loss. So this could be seen as a safer bet than your bank. The interest rate on savings at most banks is rubbish. Investing money in property and renting it out could see you making a far better return than you were in your savings account. There are two safe options for investing into a property. One is to find any new houses for sale, especially ones which are being built in areas that aren’t currently fashionable. If you find out information about any potential projects in this neighborhood, you may see that house prices will go up. Eg, if there is a new school or business applying for application. This could push up home prices. The other option is to go old. Look for the worst house on the best street, invest a little time and money into doing it up, then sell it.

Another great alternative investment has been the classic car market. You need to stay ahead of the game here, making smart purchases before the rest of the world cotton on. For making smart purchases before the rest of the world cotton on. For example, the BMW Z3 is a cute little car which is set to be a future classic. You can pick one up for a few thousand dollars, in fact, you can find them for under 1000 dollars, you can then invest a little time and love into restoring it, and in 5 years time, you could have a car worth 15,000 dollars.

the modern investments - classic car image

(image credit)

What about investing in wine, companies like Woolfsung have been advising HNWI on the wine investment sector. Here the idea is that you buy up predicted good years and then stash them away in a cellar for ten years. Most vineyards have a pattern when it comes to years so experts can predict which will be good. Of course, there is always the risk that you may get it wrong, or that you haven’t stored it the right way. Then the wine will be ruined, and you lose the investment.

Check out what the elite pack is investing their money in and see if you can replicate it on a smaller level. You never know, your horse might come in.

You’re In The Money! Now, Learn How To Hold On To It

You're In The Money! Now, Learn How To Hold On To It - stack of coins image

Credit Link Image

There will come a time in your life when you start to make serious levels of money, and there’s no set rule when this is going to be. Believe it or not, many people do make their first fortune before their 21st birthday. Others will peak well before thirty while some will take decades before they reach a point where their income is booming. It all depends on what path you take through life. For instance, you might become a solopreneur. If you do this, then the sky really is the limit. There is no telling how popular your business could become or how much wealth you might accumulate. Alternatively, you might soar through school and university with top grades and honors. If this happens, the job market will be different for you compared with other people. Individuals who stay on this path are often headhunted long before they complete their final college exam. They are recruited by one of the top companies in the world and are on a heavy starting salary for their first job.

Even if you don’t find yourself on either of these paths, you could still get rich rather quickly. You’d be surprised how fast you can climb the ladder in a typical job by working hard. Show initiative, get more training, and you’ll slowly push forward past where you once were. When that happens, you will see your income steadily increase until it’s at the point where you literally have more money than you know what to do with. At this stage, you might think your worries are over. But actually, they are just beginning. What should you do when you start to make the big bucks? We’ve got the answer that will guarantee you the best quality of life in the future.

Keep It Safe, Keep It Secret

The most important piece of advice that we can give you is that you shouldn’t advertise your wealth. You should not make extravagant ostentatious purchases. In the past, you might have seen ads online with people advertising their own wealth as a way of enticing people to buy a product. You should know these ads are scams because people who are actually rich don’t promote the idea. This only puts a target on your back, and that’s the last thing you want. You might think that by doing this, you’re making yourself a target for thieves and criminals. But these won’t be the only people who come knocking. There will be other individuals as well as businesses claiming that you need their services. We’ll look into the actual services you need a little further down. But it is important to realize that being well off doesn’t mean you need a full team of staff at your beck and call, no matter what some people may say.

Don’t Leave It Lying Around

You might have accumulated over one hundred thousand in savings. Now, this might seem like quite a lot of money, and it is. But compared to other people it’s nothing, and you might be wondering how they reached a higher level of wealth than you. The answer more often than not is investments. If you want to be rich beyond your wildest dreams you need to look into investing the money you have gained over the years. By doing this, you can grow your income and steadily reach a higher quality of life. There are a few different types of investments that we recommend you consider. Let’s look at a few of the best and the brightest.

The first would be property. If you are investing in property, then there are a few factors that you need to take into consideration. You must think about whether or not you want to take a hands-on approach. If you do, then you should consider buying a property to lease it out on the market. By doing this, you take on the responsibility of a landlord. It will take longer to grow your wealth as a landlord, but it is less risky compared with the other alternative. That would be buying to sell on as quickly as possible. By doing this, you are relying on the market staying healthy long enough for you to make a massive ROI. A plan like this doesn’t always pay off, and you could be left on the market with a property that hasn’t sold for years.

You can also think about investing in the stock market. Again, the stock market can be risky as can any investment. In fact, there’s a thin line between investing and gambling. The best advice we can offer is to make sure you are investing in small, high-risk bonds. These will have a small chance of dramatically rising in value. But they won’t cost a lot of money, so there is a little chance of you losing a lot of money.

Help At Hand

While you don’t need a full team of staff to look after your wealth, we do suggest you get estate planning advice. This service is used by the rich and the wealthy to keep their investments in check. It’s about ensuring that the money continues to flow and that you do not take too many unnecessary risks. Remember what we said about being a target? As your money continues to grow there will be more people who try and take it away from you, including the tax man. With advice from an expert financial planner, you can avoid being taxed to oblivion and invest your money in the right areas.

Aside from this service, we also suggest you get some proper security. The more money you have, the more vulnerable you are. There is no such thing as too much protection for your home or family. At the very least it’s worth installing a quality safe in your home along with CCTV equipment.  You will also want to make sure that your insurance plan covers all of your accumulated wealth.

We hope you find this advice helpful. Right now, it might seem like this type of success is a distant dream. But with a little hard work you can make it happen.

You're In The Money! Now, Learn How To Hold On To It - growing money image

Source Via Pexels

Investing? It May Be The Key To Unlocking Your Future

The future’s a scary place isn’t it. Human beings have an inquisitive nature and need to know the facts; they need the knowledge to ground them. Unfortunately, we can’t predict the future, and that’s a terrifying concept for most.

Especially when money is concerned.

Everyone wants to know that their finances will improve in the future. Everyone wants to know that their hard-earned cash is safe. There’s no straight and clear answer here, but there’s a number of things you can do to take a peek and see what the future holds.

Chief among them, is investing your money. An investment is something you put your cash into in the hope that there will be a profitable return. Simply putting cash into a savings account is an investment. Other investments are bonds, shares, and property. Running a set of investments is called a portfolio.

Unfortunately, investment isn’t risk-free. Banks can fail, and markets can fall through. That has happened and may happen again. It’s not a blind gamble, though; there is an entire archive of information available to you about investing. There’s always going to be risk, though. That’s where the portfolio comes in.

Spreading your investments across different subjects is going to not only increase your chances of success, it’s going to stabilise your income so you don’t suffer when one aspect is under performing.

Firstly, you’re going to need some starting capital to invest. Ideally, this should be around $3,500. This is so you can access the basic Vanguard funds to provide you with more options. You will need to scrimp and save to build your starting fund, and this will be hard work, but the benefits will be worth it.

investing - gold bar image

(source)

Whilst you can put your money into funds, you can also put your money into real, tangible assets. You can purchase gold bullion, which will be stored in a vault for you or you can purchase a property. Either way, they are an investment and options for diversification.

A property investment might be a great option for you. Not only will you hold the deed to a location and a real thing, but it can constantly earn money from you. You can rent this out to commercial or residential tenants and the rent they pay back to you goes to paying off the mortgage on the site. Not only that, but the surplus is your profit. It’s a big responsibility, though, as you’ve got to keep your tenants happy, less they move to a better site and leave you empty handed. Property is huge and diverse and could see you investing into ranches and farms one year before moving over to something like a 1031Gateway property the next.

Investing is a huge world and something that never ends. Although you can’t predict where your cash will end up, it can allow you to peek behind the curtain of your financial future and allow you to have slight control over your future. Do your research and let investing give you a secure future.