Managing your direct school loan when in college

April 30, 2012  //  Posted by: Financial advisor  //  Category: Loans

Direct school loans are great for students having second thoughts about pursuing their higher studies. Provided by the federal government through the schools, direct loans come with different repayment plans and low interest rates. Your servicer at school will keep you updated about your loan status and you can get yourself prepared with ample time in hand to pay back.

You can start doing a part time job besides your studies and cut down on unnecessary expenses. Including the loan fee, you will be paying a higher amount than that of your principal that you received. Usually there is no need to start repaying till the grace period ends after graduation, but you can save money at hand to pay off early as soon as it starts. Manage your loan while at school only by not drawing overdraft on your school account. Direct loans can be consolidated also for easier repayment.

Top 3 investment plans for the year

April 29, 2012  //  Posted by: Financial advisor  //  Category: Investing tips

In the present world, where the complete economy is unreliable, anything can happen at any moment. In such a situation you will definitely look for investment plans which are the best so that you can get good returns from them. You can obviously invest in the share market because according to the predictions made by many eminent economists, the market will be rising in the current year and may even touch a new height.

But keep in mind that these predictions are made by taking few factors in mind. There is no such rule that the market will strictly follow the prediction. So you have to keep a careful eye on the market. Another very good pathway for investing is gold. The gold price is ever rising and there is no chance of it going down. So you will always be at a profit. And the risk is also very less on your part.

Repaying your students loan: how to start

April 28, 2012  //  Posted by: Financial advisor  //  Category: Loans

Student loans are those great help to people entering college offered by banks and financial institutions on a promise to pay off as soon as you get a job after graduating. Having debts in your account for too long will end up in getting you a bad credit report at the start of your career so try to pay off early and on time.

Start calculating your installments and save with your part time job salary. Try to find a job as soon as you pass out and maintain regular installments to the bank without fail. Usually student loans give a grace period of six months after graduating, but if possible, try to get off the burden even before that. Negotiate with the lender on smaller installments but pay them on time. Also, if you care about your future while still in college, you can try and earn some extra bucks with night shifts and part-time jobs.


Pros and cons of structured settlement with a lump sum

April 27, 2012  //  Posted by: Financial advisor  //  Category: Loans

In today’s time it has become quite essential to manage the money that you receive from court settlement and claims in an effective way. Structure settlement companies aid you in managing your finances in an effective way. Structured settlement plays a major role in future of your family members. The basic objective of structured settlement company is to provide you with structure settlement.

A company engaged in structure settlement facilitates you in receiving the lump sum in installment basis as per the need and requirement of your family. You can also opt for lump sum structured settlement. Lump sum money tends to solve a lot of your backlogged problems but at the same time a lump sum amount can be overspent or used very quickly. Accepting structured settlement with a lump sum will oblige you to spend more on paying taxes. According to your future needs and financial requirement make a suitable choice.


Silver investment: how to make the most of it

April 26, 2012  //  Posted by: Financial advisor  //  Category: Investing tips

Investing in silver might be an excellent way to gain a hold in the market. The market is very unpredictable but there are ways to tackle it the right way. Start out small. Know your beneficial and strong points. Study the market and learn from your own mistakes and others’ too. Silver investment can really work for you. Be careful while you tart out as the market can fluctuate. But if you gain knowledge about how things work, then you might be able to predict it in some way or another so that your predictions are close enough for maximum profit.

In the long run, prediction of silver’s value in the market might be hard, but seeing results in the year 2012, so far, it seems to be good. Many people are gaining profit out of it. You can see this as a small time project and gain as much as you can from it as long as it tends to last.

An account on tax lien investing

April 25, 2012  //  Posted by: Financial advisor  //  Category: Investing tips, Tax

Tax lien investing is a great way of earning profits with minimum hardship. It’s a good way to plan your finances. By investing in tax lien you need not worry about the fluctuating market, whatever the market condition be your earnings will never fluctuate towards the negative side. Tax lien investing requires some time and effort and if you are not able to give it a considerable time, then don’t worry you can hire yourself a tax lien agent who will perform all functions such as bid at tax sale, maintain portfolio etc.

For all this you need to pay a minute share from your profit as management fees to tax lien agent. Note how much you pay to the tax lien agent depends on how much you invest in account of tax lien. The minimum tax lien investing for most agents ranges from $20000 to $30000 onwards. People who want to invest in tax lien after retirement can do so only if you are provided with self-directed IRA or solo 410(k).

Rules of free fund trade

April 24, 2012  //  Posted by: Financial advisor  //  Category: Trading Tips

Free fund trade is often preferred by many investors as it helps them to earn higher returns. It is considered better to invest in a single place where you are assured satisfying return rather than invest in different fund categories. The main advantage is that you can track down your investments, pay one time brokerage and obtain consolidated reports from the broker. Investing in various schemes and countries the investors are able to use the active management strategies.

This actually helps in checking the loss and increase the rate of return. There are various portfolios which aid the investors to invest in the right mutual funds. A single fund cannot give you consistent returns therefore investing in various categories is the main advantage of free fund trade. There are varied rules and norms of different institutions of free fund trade. You can go through online sites and business articles to gather more information.

What is a zero percent transfer credit card

April 23, 2012  //  Posted by: Financial advisor  //  Category: Credit

Zero or 0% transfer credit card can be referred to as one of the most fantastic deal from the credit card agencies. In case you are not aware of the particular deal, the post below will get you with important highlights.


As the very name implies, the zero credit card transfer would be best suitable for those having existing balances with high rate of interest from other different credit cards. By moving the balances to a new 0% interest credit card, one can pay off his debts without the excess interest charges and thus the name zero% transfer credit card.


With the zero % transfer credit card you get to pay your balances sans the interest within an allotted time. This time span could be from six months to a year or even longer, it actually depends on the card issuer. However, one thing to remember here- in case you fail to repay the amount here within the specified deadline, you may end up with your card cancelled.


Tips for maintaining excelling credit profile

April 22, 2012  //  Posted by: Financial advisor  //  Category: Credit

If you want to maintain a good credit profile for your business, you should consider a few things. You have to build the public relations in the best way possible. You have to be efficient in the service that you are providing. You should always take feedback from the customers. Use a tone that is pleasant when you are dealing with people. This will help you get a lot of work done in no time. Try not to make impossible promises.

Disappointing the customers could be fatal for your credit profile. You should rather keep a low profile and rise above the expectations every now and then. You should always maintain goodwill in the industry. Check your accounts clearly and always clear the debts in good time. It is always wise to become personal with the customers by using their names in the emails or official letters. This will help you gain the trust of the customers and build your credit profile in the right way

An account on avoiding stamp duty

April 21, 2012  //  Posted by: Financial advisor  //  Category: Tax

Stamp duty is a form of property tax that a home buyer has to pay against the property. It can get so high at times that the buyer might find it difficult to cope with the budget. To avoid stamp duty you can take some help from legal consultants. Stamp duty mitigation deals in a legal way to reduce the value of the property using various financing techniques.

If you buy a property in an area marked by the government as disadvantaged and in need of development, the lower limit of stamp duty is raised. You will be able to save some percentage of the tax you would have had to pay. With low property value, stamp duty rate is also lowered. First time buyers also get a higher limit for stamp duty imposition. Homes using renewable energy and are certified carbon free get a rebate on stamp duty and are exempted if the value is under a certified level. This is becoming a popular way to avoid stamp duty.