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8-point checklist for female investors

Posted by admin
on June 11, 2020

With the rise of female empowerment, women in society today are keen on taking charge of their own finances and planning for their own future. If you are planning to take your finances and investment strategies in your hand independently, these tips can assist you to go in the right direction.

8-point checklist for female investors

1.   Educate Yourself

The foremost thing you need to do as soon as you step into the world of investment (or even before stepping in) is to become well versed with different types of investment options available. If you are working with a financial advisor, ask him or her to help you out here. Understanding different options available to you and knowing benefits and limitations or each one will assist you in comparing and selecting the right ones. The most common investment options available in Singapore include stocks or shares, bonds, mutual funds, exchange-traded funds (ETFs), treasury bills, real estate investment trusts (REITs), retirement plans, bank fixed deposits (FDs) and recurring deposits (RDs), and a lot more.

2.   Decide Your Goals

Just as in other aspects of your life, setting financial goals is a tried-and-true way to reach those goals. Decide what you need to do to make your future financially secure and enjoyable. Decide what you want to achieve with your money and when you might need it. Identify your most important short-, medium- and long-term financial goals. Estimate how much each of your goals will likely cost. Set up separate savings or investment accounts for each of your major goals. Then, identify the kinds of savings and investing strategies that may be appropriate for meeting your goals.

3.   Establish Your Risk Appetite

Before selecting and investing in various investment options available, you need to do one more thing. Figure out how much risk you’re comfortable with. In other words, think about your risk appetite. Risk appetite is the amount of risk an individual is willing to tolerate while investing. People with a high-risk appetite are prepared to take on more risks, provided the return is substantial. Individuals with a low-risk appetite will try to avoid high probability and high impact risks. Understanding your risk appetite will help you stay calm when your investments aren’t performing as hoped so.

4.   Diversify Your Portfolio

You never know what can go wrong with a particular investment type. For instance, the values of shares can fluctuate all the time. There’s no guarantee that the values will only rise throughout the period you have invested in them. The basic objective of diversification is to reduce this risk of facing losses. The best way to lower the risk is by diversifying your investments. Based on your needs and how much you are willing to pay, invest in different investment types such as mutual funds, stocks, FDs, and others.

5.   Stay Up To Date

Do not invest blindly. This has become especially salient in Singapore where advice and information regarding investing can easily be found online, be it through the news, finance websites and blogs. It is crucial to understand what is happening around you every day to make sure that you make informed decisions. One of the easiest ways to stay up to date is to read the news daily. News found online sometimes provide you with good summaries with opinions and analysis rather than just facts.

6.   Think About the Long Run

Don’t invest just for the sake of it or to save on your taxes. Think of an investment as a long-term profit structure. Rather than focusing on the most optimal time to enter a position in the market, focus on starting young and starting early. You should prepare for that time when you will no longer be working and collecting a regular paycheck. Even for professionals in the industry, it is far too difficult to predict the perfect entrance to the market that would earn you the most gains. By starting your investing journey at a younger age, you have a longer horizon, which means a long period for your money to grow.

7.   Save Regularly

Many young women might be wary of starting their investing journey due to the lack of knowledge or lack of funds. However, saving a portion of your income each month is something anyone and everyone can start doing. Make it a habit to save and to manage your money wisely. Small savings each day or month compounds to a large sum with time. These savings can also go towards a small investment each month through a Regular Savings Plan (RSP) that can be made with any of the few major banks for as little as S$100 a month. This is one way in which you can start investing even with a small amount of savings and become an independent woman.

8.   Don’t Forget Emergency Funds

Just like our mothers saved some money from their daily expenses and hid them in unusual places, you too should save money and be prepared for emergencies. You never know when you may need some extra cash for an unplanned expense. So on the one hand where you make several investments, on the other hand, you must also keep some hard cash in hand to pay off for emergency expenses. You should safeguard your finances by setting up an emergency fund to deal with potential problems that could drain your finances.

The journey may seem tough and confusing in the start. You may even make some mistakes. But eventually, you’ll master the art of investment, and become a pro at managing your finances independently.


Singapore Trusted Licensed Moneylender – Quick Credit Pte Ltd

Looking for instant cash just keep in touch with Quick Credit licensed lender. Quick Credit is your best choice to get a personal loan. Our officer will comprehend your overall situation after that, create the premium personal loan to fits you. All of our staff are full of money lending knowledge ready to give you the best advice. In addition, Quick Credit is a responsible money lender open on Sunday! Apply for your low-interest loan now!

Still, have any questions, just send an email to  enquiry@quickcredit.com.sg. Our officer will contact you as soon as possible. An alternative way to contact us is just to drop us a message here our staff will get back to you asap.

Another hand you also can reach us with 6899 6188. Come to our office to get free consultation 2 Jurong East Street 21 #04-01A IMM Building Singapore 609601.

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8 Mistakes New Bitcoin Investors Make

Posted by admin
on May 5, 2020

So now that you are a new bitcoin investor, you must be having a lot of doubts as you are new to the cryptocurrency world. Many bitcoin investors and traders had made countless mistakes at the initial stage when cryptocurrency started a decade ago. Since you are a new investor, you surely do not want to make these costly slip-ups yourself. Therefore, we have listed down some of the slip-ups that you should avoid.

1.   Not Taking Your Privacy Seriously

When you create a cryptocurrency wallet, make a note of the public and private keys. Do not store your passwords or private keys in the computer as your electronic device can be hacked or breakdown. As there is no option for ‘Forgot Password’ in the cryptocurrency wallets, if you lose the private keys your entire investment and crypto portfolio will be lost as well.

2.   Investing More Than You Can

While investing in Bitcoins or even in share market, you need to remember that you gain huge profits if you invest wisely. A wrong investment, and you can lose it all in a blink of an eye. A responsible investor will analyze and plan their weekly, monthly or yearly budget. Being aware of your income and expenses, you can determine a solid budget to use the leftover money for other investment such as Bitcoin. Start with small investments with less risk and less loss. It’s better to lose a little than losing it all and having nothing to try again.

3.   Poor Research

No matter where you invest, you need to research before investing in any type of investment. As a beginner, you can just surf the internet and find a vast amount of information related to Bitcoins. First learn about the developers, their project goals, and the roadmap. You can find some details in white papers, projects, websites, and blogs related to Bitcoin investment. Research a bit about some famous personalities who have invested in Bitcoin and their articles for the same. Doing your own research can make you familiar with how it works and what you are about to invest in.

4.   Making Your Trades Based on Emotions

Many people are emotionally attached to their investments. Therefore, any certain changes in the crypto market can drive strong emotions. Fear-driven decisions can lead to making hasty decisions. Don’t be scared of the fluctuations and try to keep your feelings out of it. Many investors have made poor decisions due to the volatility in the cryptocurrency market and sold their Bitcoins when they notice a decrease in the value. A few weeks down the road, the prices rose again, leaving their investors devastated. If you see a dropping token, take some time to think calmly and track the market trends for a while and ask yourself if you are making a sound and reasonable decision. Successful traders remove emotions from their trading. They are very well aware of the consequences caused by fear and greed.

5.   Mining New Coins

As a new investor, you might have come across the word ‘Bitcoin mining.’ Mining every coin from your computer is time-consuming and costly process. Setting up mining for Bitcoin put a lot of load on your electronic devices. The more the device performs the process, the sooner it will develop faulty components and overheating issues. If you are serious about pursuing this option, conduct a further and intensive research on it to be prepared to shell out some serious cash for hardware and energy costs.

6.   Not Considering the Risk

The concept of risk management should be understood carefully when it comes to investing. If you don’t have any risk management strategy, you can face an extremely high risk and very low probability of success. You need to make sure when to get out with minimal damage and maximum profit. Start using a stop-loss rather than avoiding it. Stop-loss is a friendly tool to help you limit your losses according to your risk strategy.

7.   Avoiding the Taxes

You may have come across in many ways that the government of every country tried to exploit the cryptos. In which, even taxes (such as Goods and Services Tax in Singapore) are one of the strategies used to make profits out of this technology. Keep track of taxes that you are paying while earning profits through Bitcoins.

8.   Considering Others and Following Them

Listening to what others have to say or agreeing to what they order you to do can be risky. If they are knowledgeable and experienced in terms of Bitcoin trading, you can go ahead and take their advice. However, relying entirely on them is not a wise decision. Try to do your own research as your first mistake can cost you more than it will to them.

Avoid making the mistakes as mentioned earlier and be mindful of the in the future. There is no doubt that there are a lot of traps for you to fall and make a mistake, but even if you do be careful, calm, and take the wise decision.


Great legal money lender – Quick Credit Pte Ltd

Any event, you require quick cash for urgent spend just seek help from Quick Credit licensed lender. Our loan officer will comprehend your overall situation after that, create the premium personal loan to fits you. All of our staff is full of money lending knowledge ready to give you the best advice. Besides that, Quick Credit is a responsible money lender open on Sunday!  Grab your low-interest loan today!

Intrigue to know more about our loan?  Send email to  enquiry@quickcredit.com.sg. Our officer will get back to you as soon as possible. Another way to contact us is just to drop us a message here our staff will get back to you asap.

Another hand you also can reach us at +65 6899 6188. Drop by our office to get free consultation 2 Jurong East Street 21 #04-01A IMM Building Singapore 609601

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How to market your newly established start-up

Posted by admin
on April 15, 2020

Firstly, congratulations on starting your new business. It’s now time to roll up your sleeves and fasten your seat belts to get started for the journey of marketing and letting the world know that you are here with your products or services. Listed below are a few hacks to market your business on a shoestring budget.

How to market your newly established start-up

Create a Start-up Plan

The first thing to start with, identify your target market. Decide who this product or service is meant for. Identify your target demographics before you move on to anything. You must have done this before starting your business. But it’s even more crucial to re-think about your potential customers to connect with them in the best way. Once you know who you want to target, start thinking of ways that they are most exposed to. For instance, if your target market is millennials, social media and the internet are two ideal places to market yourself and capture their attention.

Stay Updated and Be Ready

Once you start your new business, you need to be ready for the first customer. You also need to be ready to pitch to potential clients. For all this, you’ll require certain marketing materials at hand. Some of these things include your brand’s logo, business website, business cards, brochures, digital brochures, and Google listing. Once you have all these, you can easily approach your potential clients and other business connections to expand your business.

Start Locally

Well, this can be a little difficult financially. But it’s worth every dollar you spend. Think locally first, and find out what’s going on around you. Find the list of events that are going to take place in your neighborhood or area. Pick 1-2 events and sponsor them. You can either sponsor them monetarily or offer some kind products. In return, ask the organizers to promote your brand on their marketing material such as banners and social media announcements. Print bookmarks or brochures and leave them at the pre-event or event the event. For instance, if you are sponsoring a marathon, leave your brochures at the expo before the run. By doing all this, you will try your bit to be known by people living around you. This can be a great strategy for starters.

Consider Social Media

In today’s date, overlooking the power of social media can be a grave mistake. Millions of businesses make the most of social media platforms such as Facebook, LinkedIn, Twitter, Instagram, Snapchat, Pinterest, MySpace, etc. There are some businesses who don’t have a website and just a strong social media process, and this works great for them. Don’t miss out on social media platforms as a large chunk of your target market may be using various social platforms. Depending on your business and your target demographics, choose the right social media platform. For instance, you are a B2B business, start with LinkedIn to make business connections, share your business news and updates, and even sell yourself. Keep in mind to begin with only one platform. Managing too many social media accounts, pages, and handles can be consuming and overwhelming at the start. Once you are successful with one platform, move on to the second one, and eventually build a comprehensive social media strategy.

Write Blogs

When you have a business website, don’t let it stay on the internet only as a reference-tool. Make the most of your website by including a blog page on it. Start writing and sharing blogs regularly. Opt for topics that are relevant to your products, services, and business industry, and get started. Write blogs as if you are the source of extensive information and share as much knowledge as you can. Regular blog writing will help you showcase as an authority in your business sector. Not only this but well-written and search engine optimized blogs will also rank higher on search engines like Google and Bing. Once your blogs appear on the first, or second search engine result pages (SERPs), those blog posts and your website will have more traffic and exposure. This will eventually help you get more customers when they are in need of a similar product or service that you have to offer.

Join Communities

Want to make more business connections? Find out various local communities. For instance, if you are a real estate agent, look for various real estate-related groups and communities around you. Be a part of those communities. Most of these have various events that you may benefit from. Be a part of various educational and social events where you can gain information and even make connections with like-minded people. This way, you will be in direct contact with veterans of your business industry and gain insights of making your business successful in different ways. Moreover, you may even get a chance to get featured on their online channels where your logo and business name will be displayed. This way, you will be exposed to a new set of potential customers.

There are a plethora of things that you can do at this stage to market your business. From traditional methods of advertising on various platforms to simple word-of-mouth marketing, everything can work well for you. If you have friends who are business owners, talk to them and more of such insights. Or simply stay tuned for our next post of marketing your business.


Great legal money lender – Quick Credit Pte Ltd

Any situation, you require quick cash for unforeseen spend just seek help from Quick Credit licensed lender. Our loan officer will comprehend your overall situation after that, create the premium personal loan to fits you. All of our staff is full of money lending knowledge ready to give you the best advice. Besides that, Quick Credit is a responsible money lender open on Sunday!  Grab your low-interest loan today!

Intrigue to know more about our loan?  Send email to  enquiry@quickcredit.com.sg. Our officer will get back to you as soon as possible. Another way to contact us is just to drop us a message here our staff will get back to you asap.

Another hand you also can reach us at +65 6899 6188. Drop by our office to get free consultation 2 Jurong East Street 21 #04-01A IMM Building Singapore 609601

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Sembawang Personal Loan

Posted by admin
on March 19, 2020

Sembawang is the North Region of Singapore with well planning residential town. In any matter, you require personal loans just looking to trusted licensed money lender in Sembawang– Quick Credit Pte Ltd. We comprehend the moment you urge for money for emergency expenses or the accomplishment of commitments. Therefore, we are simplifying the loan process so you can get cash within 60mins.

On the other hand, we also know that people search for a licensed moneylender company that’s reliable and provide low-interest rates, especially in some other areas. Therefore, Quick Credit offer services in other areas of Sembawang.

Sembawang Personal Loan

Advantages of applying for a personal loan from Quick Credit:

  1. You can get the lowest interest charge from Quick Credit.
  2. Custom made loan package that suits for borrower’s need.
  3. Flexible monthly repayment schedule that fits one’s paying capacity.
  4. Our experience staff explains every single term of detail.

Quick Credit Licensed Moneylender Services

  1. Personal Loan is designed to meet your individualistic needs, you can make use of the money to pay off the hospitalization fees, home renovation, wedding expenses, etc.
  2. Bridging loan is a short-term loan, e.g. you are in the process of selling your current house and purchase of a new house.
  3. Business Loan is specially created for SME entrepreneurs in Singapore. They can make use of the loan to expanding their business.
  4. Payday Loan is to assist you when there is unexpected usage.

How to Never Retire

You must have seen people around you leaving their jobs or business after a certain age, mostly between 55 to 70 years of age. You too can consider doing the same. However, never retiring is a better option. When you never retire you are obviously financially independent for a few more years of life and will be able to look after your expenses on your own. Also, being active and doing something you love will keep you happy and content. So how do you never retire? Here’s how.

Work Hard Today

You must have heard people say that it’s better if you work hard today so that you can bore sweet fruits later. This is true. If you work hard till the age of 30 years or 40 years and can save a considerable amount now, there won’t be any need for working too hard after retiring. Till the age of 30-40 years, you are physically and mentally fit to put a lot of effort and work hard to secure future for yourself and your family. As you grow older, you will be less capable of working hard as much as now, and that’s the sad truth of life. Therefore, make the best use of this age and work as much as you can. And by working, we don’t just mean working but also saving as much as you can. Don’t wait till you are 70 years old and then regret not working hard and saving enough. You can rest and enjoy life after actually retiring as you can use your savings to live the rest of your life happily.

Plan Your Retirement

Wise is the person who prepares himself for the future. If you get options to double or even triple your savings and give high returns after your retirement, nothing can be better than that. But for that to happen, you will have to plan your post-retirement period well and make as many investments as possible. Firstly, invest in the Central Provident Fund (CPF) so that you can invest and not touch the same for 55 years. Your money will not only be safely locked for 55 years, but you will also get interested on that amount. Invest in mutual funds and insurance policies with long-term tenure that mature after your retirement. There are few instruments that you can invest in such as fixed income, stock, bonds, mutual funds, ETFs, REITs, CPF life, annuities, or just retirement plans offered by insurance companies. When you diversify your instruments, you lower the risk of facing any losses.

Work Till You Can

The more time you work for, the better it will be for you. As we already talked about those many benefits of never retiring, you can see how remarkable the difference it can have on your life. You will be financially independent for a few more years of your life and will be able to put more dollars into your savings. Nobody said you must retire at the age of 55 or 60 years of age. If you are healthy and you feel like working, you can continue with the work till your 80’s, or even more. The foremost thing you must consider is your health. Make sure you are mentally and physically fit to commute, work, and take the daily pressure of your work. If you feel it is becoming too much for you to handle, consider quitting your job or business then. But, DO NOT stop working just because you are nearing the usual retirement age. All your friends may do it and try to convince you for the same, but remember that you have to think about your old age, your life after retirement, and your loved ones.

Start a Home-based Business

The motive should be not to stop working for as long as you can. And if you think that you can’t commute to your workplace and deal with the daily grind, you can start your home business as well. If you are already running a business, you can take a branch of it at home and function from your home or any other place where you’ll be comfortable. If you don’t run any business and do a job, maybe it’s now time to fulfil your dream. After retiring, you can consider starting a business of your own that you always wanted. If you ever wanted to start your own E-commerce website, you can do it after leaving your full-time job. Or if you had any other dreams, you know when is the best time to turn them into reality. Starting your business will not only give you financial security for a longer period, but it will also keep you occupied most of the time. And not to forget, you will be proud of owning a business and fulfilling all your dreams. But again, keep your health and comfort the first and second priority.

Build Your Passive Income

Not everybody wishes to own a business. If you are one of them, there’s another option for you. Instead of starting a business, you can look for passive income options that will also keep you occupied and financially covered. You can Google, and you’ll find tonnes of passive income options available. Start filling up online surveys to make a few dollars or start a meal delivery service. If you are an expert at something, say mathematics or cooking, you can conduct classes for the same. If you love kids, think of babysitting as well. Or you can get inspired by the movie The Intern and think of going back to the office life, maybe as a freelancer or an intern. Just like these, there are a lot of options available.

“Retirement” is just a term that can put a comma on your life. If you want to live your life just the way you always did, or if you wish to do everything that you couldn’t do during your life due to various responsibilities, your age shouldn’t limit you. So, be ready to enjoy the advanced level of your adulthood and never retire in life.


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Bukit Panjang Personal Loan

Posted by admin
on March 19, 2020

Bukit Panjang is the  West Region of Singapore with well planning residential town. In any matter, you require personal loans just looking to trusted licensed money lender in Bukit Panjang – Quick Credit Pte Ltd. We comprehend the moment you urge for money for emergency expenses or the accomplishment of commitments. Therefore, we are simplifying the loan process so you can get cash within 60mins.

On the other hand, we also know that people search for a licensed moneylender company that’s reliable and provide low-interest rates, especially in some other areas. Therefore, Quick Credit offer services in other areas of Bukit Panjang.

Advantages of taking a loan from Quick Credit:

  1. You can find the lowest interest charge from Quick Credit.
  2. Flexible loan package to design for everyone.
  3. Simple monthly repayment plans that fit one’s paying capacity.
  4. Our experience staff explains every single term of detail.

Quick Credit Licensed Moneylender Services

  1. Personal Loan is designed to meet your individualistic needs, you can make use of the money to pay off the hospitalization fees, home renovation, wedding expenses, etc.
  2. Bridging loan is a short-term loan, e.g. you are in the process of selling your current house and purchase of a new house.
  3. Business Loan is specially created for SME entrepreneurs in Singapore. They can make use of the loan to expanding their business.
  4. Payday Loan is to assist you when there are unexpected expenses.

7 ways to get out of debt this year

There are countless reasons why people in Singapore fail to clear their debts. The most common reason is that people don’t have enough funds at the right time to repay their debts and the amount gets accumulated to become a significant debt. But we will share some amazing hacks with you that will help you get out of your debt this year. Here’s how you need to get started.

4.   Prioritize Debts with the Highest Interest Rate

It is common sense that if you have multiple debts in your name, you should clear the one with the highest interest rate. You must know that now or later, you will have to clear the debts if you want to have a good credit score. Debts with a higher rate of interest will only add up to your pain as you will end up paying more and more every month. If you are unable to clear all your debts at once, leave the ones with the lesser interest rate for later. That way, lesser money will be accumulated that you will have to pay off later.

In most cases, your credit card repayments will have the highest interest rate. Think about clearing it first. Also, try controlling your purchases with the card to avoid higher debt accumulation.

5.   Pay Off Whenever Possible

It is very easy to have extra cash in hand when you get bonuses, incentives, or insurance money. Rather than using this amount for living a luxurious life or buying something big, you can use it to pay off your debts. You can ask your bank or creditor about their terms for early repayments. And as you know, when you get your bonus, pay the debt which has the highest interest first.

In another scenario, if your salary has increased, you can consider paying more every month. You can ask your creditor if it’s possible to make the monthly installments larger so you can pay it off faster and save on the unnecessary interests.

6.   Talk to Your Bank

If you owe money to your bank against a credit card or an outstanding bill to pay, you can try for this method. You can talk to your bank and request them to give you some more time or help you out with a plan-B. Although your relationships with your bank aren’t very great at this moment, banks may offer alternative options for you to settle your outstanding credit card bills and unsecured debts through instalments. If yours is one of those co-operative banks, clearing your debt will become much easier. Some banks may help you alternatives because even they want the money, and by converting your debt amount into installments, they will earn more interest.

7.   Opt for a Debt Consolidation Plan

If your debt amount exceeds 12 times your monthly income, you may be eligible for a Debt Consolidation Plan (DCP). This is a facility by the Association of Banks in Singapore (ABS) that allows you to consolidate what you owe to different creditors with one of the 14 DCP participating institutions at a lower interest rate, with a schedule of fixed monthly repayment installments payable until you fully clear all your outstanding debt. The best part is that these installments will be determined at a low-interest rate when compared to the interest rate you had before. This facility will also help you manage and clear your debts without much pressure on your head.

However, to be eligible for DCP, you will have to:

  • Be a Singaporean Citizen or Permanent Resident
  • Earn between S$20,000 and S$120,000 per annum
  • Have interest-bearing unsecured debt on all credit cards exceeding 12 times of your monthly income

As you can see, there are several ways to get out of your debt. You need to have the mindset that getting out of debt is simple but not easy, so you cannot afford to slack. So just think smartly, prioritize the debts, do a little cash planning, and you will be able to tackle the debt without worrying much. It is easier than you think!

read the less of way to get out of debt in another article


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Woodlands Personal Loan

Posted by admin
on March 19, 2020

Woodlands is the  North Region of Singapore with well planning residential town. In any matter, you require personal loans just looking to trusted licensed money lender in Woodlands– Quick Credit Pte Ltd. We comprehend the moment you urge for money for emergency expenses or the accomplishment of commitments. Therefore, we are simplify the loan process so you can get cash within 60mins.

Besides that, we also know that people search for a licensed moneylender company that’s reliable and provide low-interest rates, especially in some other areas. Therefore, Quick Credit offer services in other areas of Woodlands.

Advantages of Quick Credit loans:

  1. We offering various types of loans with low-interest rates.
  2. Adaptable loan tenure to fulfill every borrower’s needs.
  3. Simple monthly repayment plans that fit one’s paying capacity.
  4. The kindly staff explains every single term of detail.

Quick Credit Licensed Moneylender Services

  1. Personal Loan is designed to meet your individualistic needs, you can make use of the money to pay off the hospitalization fees, home renovation, wedding expenses, etc.
  2. Bridging loan is a short-term loan, e.g. you are in the process of selling your current house and purchase of a new house.
  3. Business Loan is specially created for SME entrepreneurs in Singapore. They can make use of the loan to expanding their business.
  4. Payday Loan is to assist you when there are unexpected expenses.

7 ways to get out of debt this year

There are countless reasons why people in Singapore fail to clear their debts. The most common reason is that people don’t have enough funds at the right time to repay their debts and the amount gets accumulated to become a significant debt. But we will share some amazing hacks with you that will help you get out of your debt this year. Here’s how you need to get started.

1.   List Down All Your Debts

Before actually thinking of how to pay off your debts, you must first make a list of all the debts you have. This is because you want to know exactly how much you owe each creditor. When you can clearly see the amount you owe and the number of people you owe it to, it will help you to design a better strategy to tackle the debts. You may miss out on repaying debts if you don’t have a written list.

2.   Calculate Your Budget and Debt-Income Ratio

Begin by creating a budget showing your income and expenditure for each month. This way, you can allocate your scarce resources more effectively. Designing a budget will also give you an idea about those expenses that you can cut down on or completely get away with.

When you have a budget in place, you must also determine your debt-income ratio. Ideally, the ratio of your debt and income should never exceed 35%. In other words, every month, 35% of your income should go to your debts and it should not go over that. Because anything more than that will disable you from paying all your dues. So, if you intend to take a new loan or credit card, see to it that the installments, along with your past obligations, don’t go over 35%. It is always best to avoid taking any new loan before settling your past repayments.

3.   Be Ready

The significant step towards tackling your debt is by accepting that you have a problem. And to get away from the problem, you will have to sacrifice a bit and put a lot of effort. Hence, be ready to cut down on your expenses. If you continue living a posh life with all the major expenses, you will have a tough time tackling your debt. So, start comparing goods and services available in the market and opt for the less expensive ones without compromising on the quality or features. Also, reduce spending on non-essentials like going out and entertainment until you have your finances back in control. These minor steps will leave you with more money in hand at the end of every month, that you can use to pay off your debt amount.


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Choa Chu Kang Personal Loan

Posted by admin
on March 18, 2020

Choa Chu Kang has located West of Singapore with well planning residential town. In any case, you require urgent cash just approaching to best licensed money lender in Choa Chu Kang– Quick Credit Pte Ltd. We comprehend the urge for money for emergency expenses or the accomplishment of commitments. In the event, you need funds for your wedding, vacations or even in an emergency situation we provide several moneylender services with low and competitive interest rates.

Besides that, we also know that people search for a licensed moneylender company that’s reliable and provide low-interest rates, especially in some other areas. Therefore, Quick Credit strive to offer services in other areas like Choa Chu Kang.

Choa Chu Kang

Advantages of Quick Credit loans:

  1. We offering various types of loans with low-interest rates.
  2. Adaptable loan tenure to fulfill every borrower’s needs.
  3. Simple monthly repayment plans that fit one’s paying capacity.
  4. The kindly staff explains the loan term in detail.

Quick Credit Licensed Moneylender Services

  1. Personal Loan is designed to meet your individualistic needs, you can make use of the money to pay off the hospitalization fees, home renovation, wedding expenses, etc.
  2. Bridging loan is a short-term loan, e.g. you are in the process of selling your current house and purchase of a new house.
  3. Business Loan is specially created for SME entrepreneurs in Singapore. They can make use of the loan to expanding their business.
  4. Payday Loan is to assist you when there are unexpected expenses.

Several Steps to Build Your Financial Portfolio

Running a startup or a small business comes with great responsibility. As the business owner, you need to focus on the expansion and growth of the business. Many times you might become so involved in the business activities that you may forget to create your own financial portfolio. You need to know that it is important to create a financial portfolio so that you can have a one-stop solution to build wealth beyond your regular income.

Calculate the Percentage of the Portfolio in Each Asset Class

The asset class is nothing but breaking down the buckets into sub-buckets. For instance, if you have decided to invest 40% of your money in stocks, you can split the money by 25% in the Singaporean market and 10% in the international market.

  • 40% of stocks
  • 25% Singaporean stocks
  • 10% of the developed markets (international)
  • 5% of emerging markets (international)

Calculating the buckets is simple. The total of each group is divided into the portfolio. If you have too many assets, you can reduce the number of breakdowns.

Calculate the Difference for Each Asset Class

When you self-assess the portfolio, you have a far off plan to understand where you are standing financially. You need to simply calculate the returns of these investments and their difference caused due to the volatility of the market. For instance, if you have got 5% returns in scrap, you may use that to invest in the stock market or cover some additional expenses.

Set Financial Goals

Since you have listed down the assets and liabilities, you need to set some financial goals that you want to achieve. When you have your financial goals in place, you will have a clear thought about the right instruments that you want to invest. For instance, you need to buy a building for your business in the long run, you would need long-term or medium-term instrument that will help you purchase a building after a specific period. When your goals are clear, you pick the right instruments that fulfill your goals. Ask yourself these questions to get a clear view:

  • How big is my portfolio?
  • What is my risk appetite?
  • Is my portfolio diverse enough to protect me and my business from any type of market volatility?
  • Can I stick to my investment plan?
  • How long should I plan to hold on to the securities in my portfolio?

Be Patient and Disciplined

Once your goals are set and your investment options are clear, it calls for consistency and regularity with the decisions that you have taken to achieve those goals. Review your portfolio from time to time and make sure to rebalance it every year or month to know your performance and compare it accordingly. Pick an investment option of instruments that have monthly options to help you achieve the returns that you are expecting at the end of the period.

Though your business needs you, your personal finance should support you and business, making it just as important as your business’s growth. So make your financial portfolio today!


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Dover Personal Loan

Posted by admin
on March 18, 2020

Dover has located Central of Singapore with well planning residential town. In the event, you need urgent cash just approaching to best licensed money lender in Dover – Quick Credit Pte Ltd. We comprehend the urge for money for emergency expenses or the accomplishment of commitments. In the event, you need funds for your wedding, vacations or even in an emergency situation we provide several moneylender services with low and competitive interest rates.

Besides that, we also know that people search for a licensed moneylender company that’s reliable and provide low-interest rates, especially in some other areas. Therefore, Quick Credit strive to offer services in other areas like Dover.

Characteristic of Quick Credit loans:

  1. We offering various types of loans with low-interest rates.
  2. Adaptable loan package to fulfill every borrower’s needs.
  3. Simple monthly repayment plans that fit one’s paying capacity.
  4. The kindly staff explains the loan term in detail.

Quick Credit Licensed Moneylender Services

  1. Personal Loan is designed to meet your individualistic needs, you can make use of the money to pay off the hospitalization fees, home renovation, wedding expenses, etc.
  2. Bridging loan is a short-term loan, e.g. you are in the process of selling your current house and purchase of a new house.
  3. Business Loan is specially created for SME entrepreneurs in Singapore. They can make use of the loan to expanding their business.
  4. Payday Loan is to assist you when there are unexpected expenses.

Several Steps to Build Your Financial Portfolio

Running a startup or a small business comes with great responsibility. As the business owner, you need to focus on the expansion and growth of the business. Many times you might become so involved in the business activities that you may forget to create your own financial portfolio. You need to know that it is important to create a financial portfolio so that you can have a one-stop solution to build wealth beyond your regular income.

Calculate the Percentage of the Portfolio in Each Asset Class

The asset class is nothing but breaking down the buckets into sub-buckets. For instance, if you have decided to invest 40% of your money in stocks, you can split the money by 25% in the Singaporean market and 10% in the international market.

  • 40% of stocks
  • 25% Singaporean stocks
  • 10% of the developed markets (international)
  • 5% of emerging markets (international)

Calculating the buckets is simple. The total of each group is divided into the portfolio. If you have too many assets, you can reduce the number of breakdowns.

Calculate the Difference for Each Asset Class

When you self-assess the portfolio, you have a far off plan to understand where you are standing financially. You need to simply calculate the returns of these investments and their difference caused due to the volatility of the market. For instance, if you have got 5% returns in scrap, you may use that to invest in the stock market or cover some additional expenses.

Set Financial Goals

Since you have listed down the assets and liabilities, you need to set some financial goals that you want to achieve. When you have your financial goals in place, you will have a clear thought about the right instruments that you want to invest. For instance, you need to buy a building for your business in the long run, you would need long-term or medium-term instrument that will help you purchase a building after a specific period. When your goals are clear, you pick the right instruments that fulfill your goals. Ask yourself these questions to get a clear view:

  • How big is my portfolio?
  • What is my risk appetite?
  • Is my portfolio diverse enough to protect me and my business from any type of market volatility?
  • Can I stick to my investment plan?
  • How long should I plan to hold on to the securities in my portfolio?

Step 6. Be Patient and Disciplined

Once your goals are set and your investment options are clear, it calls for consistency and regularity with the decisions that you have taken to achieve those goals. Review your portfolio from time to time and make sure to rebalance it every year or month to know your performance and compare it accordingly. Pick an investment option of instruments that have monthly options to help you achieve the returns that you are expecting at the end of the period.

Though your business needs you, your personal finance should support you and business, making it just as important as your business’s growth. So make your financial portfolio today!


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Clementi Personal Loan

Posted by admin
on March 18, 2020

Clementi is located in the West region of Singapore with well planning residential town, there are some shopping malls and hawker food. For any reason, you need urgent cash just approaching the best-licensed money lender in Clementi– Quick Credit Pte Ltd. We comprehend the urge for money for emergency expenses or the accomplishment of commitments. In the event, you need funds for your wedding, vacations or even in an emergency situation we provide several moneylender services with low and competitive interest rates.

Besides that, we also know that people search for a licensed moneylender company that’s reliable and provide low-interest rates, especially in some other areas. Therefore, Quick Credit offers services in other areas like Clementi.

Clementi Personal Loan

Characteristic of Quick Credit Personal Loans:

  1. We offering various types of loans with low-interest rates.
  2. Adjustable loan tenure to fulfill every borrower’s needs.
  3. Simple monthly repayment plans that fit one’s paying capacity.
  4. The kindly staff explains the loan term in detail.

Quick Credit Moneylender Services

  1. Personal Loan is designed to meet your individualistic needs, you can make use of the money to pay off the hospitalization fees, purchase new gadgets, wedding expenses, etc.
  2. Bridging loan is a short-term loan, e.g. you are in the process of selling your current house and purchase of a new house.
  3. Business Loan is specially created for SME entrepreneurs in Singapore. They can make use of the loan to expanding their business.
  4. Payday Loan is to assist you when there are unexpected expenses.

9 Big ETF Mistakes You Must Stop Making

Exchange Traded Funds (ETF) are very popular for investors in Singapore. Due to their low cost, transparency, tax efficiency, and easy tradability, investors are now choosing ETFs as one of the investment options in their portfolio. But, they are many people who do not have a clear idea about ETFs. Therefore, we are listing down some of the mistakes that will help the investors to avoid them and become more successful ETF investors.

Mistake 1: Ignoring the Expense Ratio

Some of the investors assume that all ETFs are low-cost instruments and quickly fail to see the fees charged by an ETF. When you look for an ETF within a given segment, you tend to ignore the fee differences that your strategies might fail. ETFs are so popular because of the competitive expense ratios charged relative to the traditional actively-managed mutual funds. In simpler words, the more complex or granular the exposure is, the higher is the expense ratio. The expense ratio plays an important role in the returns in the long-term. The easiest way to spot the differences in the expense ratio is to look beyond the price tag and consider all the variations such as index tracking, trading costs, and underlying cost exposure. For investors who are looking to minimize the expenses, you may consider switching from mutual funds to ETFs. But, for those who want to cut down the costs, comparing the expense ratios is the next step.

Mistake 2: Buying Above its NAV

ETFs usually trade at fair prices which are intrinsic or aggregate of the holdings. But, there are times when the ETFs’ prices deviate from their Net Asset Value (NAV), and they can be traded at a premium or discount to their NAVs. If you buy an ETF when it is trading at a premium, you can incur losses when you sell the ETF if the premium crashes.

Mistake 3: Buying the Newest Trendy ETF

There are almost more than 100 new ETF products launched each year. Many investors chase the latest and trendy ETFs without researching about them and buy them. Though purchasing the latest ETF can give you good returns, you need to ensure that these new products do not affect you much in future. The new ETF products are introduced in the market after they have a run-up. Therefore, when you buy the ETF while they are at the top of the market, you might have a hard time when they don’t perform well in the future. Hence, track, research, and analyze the performance before you purchase an ETF.


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Jurong West Money Lender

Posted by admin
on March 18, 2020

Jurong West has located East of Singapore with well planning residential town. In the event, you need Personal Loan just approaching to best licensed money lender in Jurong  West– Quick Credit Pte Ltd. Quick Credit is always ready to giving help hand. In the event, you need funds for your wedding, vacations or even in an emergency situation we provide several moneylender services with low and competitive interest rates.

Jurong West Personal Loan

Characteristic of Quick Credit loans:

  1. Offering various types of loans with competitive interest charges.
  2. Adjustable loan tenure to fulfill every borrower’s needs.
  3. Simple monthly repayment plans that suitable borrower’s paying capacity.
  4. The term in the contract will explain in detail by the experienced staff.

Quick Credit Moneylender Services

  1. Personal Loan is designed to meet your individualistic needs, you can make use of the money to pay off the hospitalization fees, purchase new gadgets, wedding expenses, etc.
  2. Bridging loan is a short-term loan, e.g. you are in the process of selling your current house and purchase of a new house.
  3. Business Loan is specially created for SME entrepreneurs in Singapore. They can make use of the loan to expanding their business.
  4. Payday Loan is to assist you when there are unexpected expenses.

How Do You Measure Your Financial Progress

You have daily spendings that you need to take care of. So, here we provide some insights on how to measure your financial progress, so you would know how much are you spending and saving.

Savings

Savings are also an important aspect to check your financial progress. You will have a savings account where you can check how much you are saving. Then there are some saving plans like for emergency funds or retirement savings plans. Keep in check that how much are you saving annually.

You are working hard to save for your retirement or to achieve some goal. But make sure you have an efficient amount of savings in your account. Savings should be enough to hold you if in case you have to leave your job for some reason.

The more money you save for your retirement plan, the more happy returns you will have in the future. Don’t stay unconcerned about your future; start planning on it. The more you save, the more you will progress financially.

Credit Cards

Credit cards are something that most of the Singaporeans hold with them and spend with them. The more you use eventually, the more will be the bill payment. Credit cards hold high-interest rates n them that can be difficult for a person to repay. So make it a point that you spend your credit card amount in a limit and pay your credit card loans in due time.

Credit card payments add high-interest rates after the due date of paying the bill is crossed. Your credit score gets low, which should not be the case. High credit score and paying your credit debts in time are the signs of progressing financially.

Comparing

After all, to see how much have you progressed in society, you can compare yourself with society. Compare yourselves financially with friends, family, and neighbors. Comparing yourself doesn’t mean to envy and feel depressed yourself. It is just seeing what am I capable of accomplishing the things that others have accomplished financially.

Sit and think about what the things that you want, you are affordable to buy but cannot. See how others have achieved those financially, compare how you can achieve that and go on. It is not a race or competition with others. It is to see how you can become more financially stable by learning from others.

People rely heavily on money to achieve their goals. Money is a necessity and to use it adequately is a trick that people should know how to practice. We have enlisted these measures for you to see where you stand and what more you are capable of.


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