Kick-start your Black Friday on RapidRupee

The main sales event in the world Black Friday, as well as Cyber ​​Monday, will take place soon.

Service https://www.rapidrupee.in/ is always ready to help you prepare for profitable deals and finance your expenses by getting an instant loan online on favorable terms.

Great deals on Black Friday

We all know that every year all online and offline stores offer a large number of products at a bargain price and with huge discounts.  This period is called Black Friday. However, by this day we don’t always have enough finances to make profitable purchases. No need to worry, because RapidRupee service is always ready to provide you a loan in a short time so that you can buy everything you need during the sale period. In any case, it will be beneficial for you to save on sales, even if later you need to pay an interest rate on the loan.

A Few Tips for Shopping during Black Friday 2020

These tips will help you to avoid mistakes when shopping for the World’s Major Sale.

  1. Standard price. Many sellers keep the usual price of the product, passing it off as a discount. It is necessary to analyze the prices in the market so as not to buy goods at the regular price and to waste the money that you have borrowed.
  2. Buy online. Most stores sell online, which is beneficial as there is no need to stand in lines to get injured. Also, many online sellers sell at better prices, because they save on renting premises.
  3. Do a mini-research. Many sellers start their ad campaigns ahead of time, which allows you to do your research and explore the offerings of different sellers and choose the best one.
  4. Set priorities. Before making purchases, think about what exactly you need to buy and buy them on purpose.
  5. Get ready. Have your money ready in advance if you know you want to buy certain items. To do this, it is enough to arrange a loan on website https://www.rapidrupee.in/

How to get a loan of up to 60,000 rupees for purchases?

If you urgently need money for personal expenses, then you have come directly to the address. Our RapidRupee service is always ready to provide you with money within 30 minutes without examining your credit history. How to get a loan? Just register by filling out the form and wait for the approval.

The best part about it is that you will need to pay off the loan when you receive your next paycheck. This is an easy way to save money, instead of waiting for your next paycheck and buying an item at full price.

Creative Ways to Shop on a Budget

A survey by Gallup in 2019 found that only 32% of Americans maintain a household budget. Roughly half of Americans are living paycheck to paycheck, meaning many of us have to get creative in how we shop for things like groceries, clothes, and entertainment.

Living on a shoestring budget can be stressful, but it is possible with some of these creative tips to shop and make the most of what you have.

Grocery shopping on a budget

Food tends to be one of the biggest spending categories in anyone’s budget. The USDA estimates that Americans spend an average of 6% of their budget on food; 5% of income also goes to dining out. How can you stretch that grocery shopping budget to go even further?

First, time your shopping trip to capitalize on sales and promos:

 

  • Wednesdays: The middle of the week is often when grocers release their weekly circular. “You’ll have first dibs on sale items for the week ahead and, if you’re lucky, the store may still honor price reductions on items you forgot to pick up from the previous week’s sale,” says one expert.

 

  • Avoid Tuesday and weekends: Weekends tend to be busier as people shop on non-workdays. Tuesdays can also be crowded as other shoppers try to take advantage of last week’s expiring deals, and therefore sale items go quickly.

 

  • Shop late or early: The hour before closing is when some grocers reduce prices on bakery items or produce items that won’t last until the next day. Early in the morning is also when there is less competition for sale items.

Next, before you head to the store, download an app. Not just any app, but one that gives you discounts: try Food on the Table, an app that lets you type in your food preferences and then generates a list of recipe options based on current promotions at your go-to grocery store. Or, try Ibotta, an app that lets you retroactively apply coupons to items you purchased by scanning your receipt and claiming deals.  Many grocery stores also have apps that deliver exclusive offers and digital coupons.

Finally, put your dining out budget into your grocery shopping budget. A meal at a fast-food restaurant costs around $8; if you stop eating an $8 lunch every day during the workweek, you can save $40 a week ($160 a month!).

How to budget for an apartment

Rent is a big budget item for most people, and there are lots of hidden costs in budgeting for an apartment. Whether you’re on the hunt for a new lease or looking to reduce your utility costs and other apartment expenses, there are a few key things to consider when budgeting for your apartment.

First, if you’re looking to sign a new lease, try to find an apartment that’s close to public transportation. Longer-term leases (a year or more) tend to be cheaper, as the landlord doesn’t have to search for a new tenant or spend on renovations as often. If there are fixes that need to be made, offer to do them yourself in exchange for a discount on the security deposit.

If you’re in an apartment and hoping to save on utility costs, go beyond basic steps like turning off lights and turning down the heat. Think about turning off the devices that consume energy in a passive way, like your microwave and water heater that you aren’t using constantly. Winterize your apartment to cut your cooling and heating bills (winterize is a bit of a misnomer, as many of these steps can also keep your apartment cool in the summer). And, avoid running your energy-intensive appliances – washing machine, dishwasher, or dryer – during “peak hours”. Electricity companies tend to discount rates during the night when fewer people are using their grid.

Thrifting and other shopping ideas

What about other expenses: clothes, gifts, and entertainment? There are creative ways to shop on a budget for these items too.

Thrifting is an obvious choice for saving your clothing budget. Many shoppers also turn to fast-casual brands like H&M and Forever 21 – but be aware that those retailers may be more expensive in the long-term. Spending $10 on a t-shirt that lasts fewer than 10 wears is worse than spending $50 on a shirt you’ll own forever. “Unless it’s practically free, you’re better off buying clothing items from good brands with a reputation for well-made items,” wrote The Simple Dollar.

Look to see if clothes are well made by checking the seams and material. Seams on a good quality item will be perfectly straight, with no dangling strings; any patterns should match up well. The material should be higher-quality. Look for natural fibers and blends like wool, and avoid synthetics like polyester.

For gifts, go for something thoughtful rather than expensive. Find gifts that are unique to the recipient and require time, rather than cash. For instance, give someone the gift of time by babysitting or hiring a house cleaner. Give your family member a recipe book of meals from your childhood. Or, start a new tradition – holiday cookie-baking, for instance – that leads to memories rather than things.

Shopping on a budget isn’t always easy. Sometimes, what you really need is a little Lift to cover a shortfall or meet a financial emergency.

This article is contributed by LiftRocket.

10 common financial planning mistakes

Investors faced with a New Year and new opportunities to gain — or to lose — should avoid the 10 most common financial planning mistakes.

It is not enough to want to make money. You need to understand what the money is for and what time is allowable for realizing goals. Failure to do that is the foundation for many other errors.

Here are 10 common financial planning mistakes, financial planners report year after year.

Lack of a financial plan

There is a difference between an intention, like wanting more money, and a road map for getting it. The map is a series of choices that one needs to make to reach the goal. The choices include allocation money, for example, between debt repayment and retirement savings.

The investor has to have a plan; without it, he can get lost in the jungle of choices.

Giving too much weight to tax minimization

People are diverted by tax planning from the fundamental problem of making money. Tax administration always is a subsidiary to the basic problem of finding profitable investments.

Failure to appreciate the risk of making particular investments or in not being sufficiently diversified

Capital markets have a great deal of embedded risk. It is the job of the investor or his advisor to find it and weigh it in making his plans.

Bargain hunting for the wrong reasons — buying things because they are down without appreciating why they are down

You have to look at fundamentals and then analyze the current price and what the future may hold for the stock or bond or other assets. It may be cheap for a good reason.

Hubris

It is wrong to put ego ahead of your judgment. You can come up with a thesis about a stock and refuse to change it even though fundamental developments demand a change in attitude.”

Chasing famous names

Don’t chase famous names because they are famous and don’t ignore signs of developing crises on the theory that a company is too big or too prominent to fail.

Lack of clear goals

The investor who is not sure what he is investing for is at more risk than if he had a definite profit in mind. The old saying that if you don’t know where you are going, you may not get there. And that means having target prices, stop-loss orders, or a plan to add to a position if a stock or other assets that are worth having drops in price.

Driving your portfolio forward by looking backward

Mutual fund sales brochures warn that future performance may not reflect past performance. Indeed, it is about as likely that the returns for a stock or a fund will return to average performance for the group it’s in after an exceptional year. What really counts is fees and structure of investments — not last year’s performance.

Failing to observe and weigh the costs of an otherwise good investment

In mutual funds, costs are sales commissions and management fees, in bonds, it is the spreads between the price the dealer pays for the bond and what he sells it at, and in many tax-management devices like petroleum flow-through shares and junior mining offerings, the costs can be deferred to cash calls. The investor has to know his costs.

Taking on more financial services than required

A lot of people get sold on financial products they do not need. They get complex mutual funds with life payment options they do not require — all of which have fees embedded… Buy what you need and understand what you buy. That is a huge rule that many people break.

Refinancing Your Mortgage Can Shield You From Rising Interest Rates

Are you worried tħat rising interest rates will make your Adjustable-Ŕāte Mortgage payment too much for yoŭr budget to handle? If your budget is already stretched to the limit, the adjustment your lender makes to your interest rate aǹd payment amount could push you oveŕ the edge, especially įf yōu are still in ŷour introductory period. Here are several tips to help yōu fįnd the best mortgage for your situation.

If ŷou aŕe a homeowner in this situation, there are a number of options available to yōu including fixed interest ratě mortgages anđ a variety of adjustable-rate mortgages that could meet your financial objectives. If yōu have a loŵ tolerance for financial risk, locking in your monthly payment amount with a fixed interest rate mortgage could be best for you.

Many homeowners refinance their existing mortgage with an adjustable-rate mortgage. Many adjustable-raţe mortgages come with introductory periods ŵith interest rates that arě significantly lower ţhan ţhe actual interest rate. Depending on the amount of ŷoŭr closing costs you could benefit from refinancing ţo one of these adjustable-rate mortgages, especially if the introductory period lasts for a period of five years.

When choosing an adjustable-rate mortgage it is important to shop for the běst mortgage offer from a variety of lenders. When comparing loan offers you need to compare all aspects of ţhe loans, not just the interest rates. Pay close attention to the index your adjustable ratě mortgage is tied to. Whenever ţhe lender adjusts your mortgage, they will base tħe change on this index plus a markup. Sōme financial indexes have higher volatility ţhan other indexes, the less the index youŕ mortgage is tied to changes, the safer you wiĺl be from economic factors.

You can learn more about youŕ mortgage options, including common mistakes to avoid by registering for a free mortgage guideƅook.

Is Debt Consolidation Really A Good Idea?

For someone who is looking for information online debt consolidation, there are many conflicting reports. For example, some debt consolidation companies will tell you that using their services will not affect your credit rating for future creditors, although it could happen in reality.

So how do you know which company to trust debt consolidation? How can I make sure that you do not get taken by the consolidation company debt that preys on desperate people who are under a lot of financial stress?

There is only one answer. Search. And one of the easiest ways to do this study is online. But you cannot rely entirely on this. You can also talk with several companies about debt consolidation, and feel how they can help you in your situation.

After speaking with several different debt consolidation companies will soon realize how their services differ, and that one is best for you.

Remember to take the time to choose the company. If a bad decision, you can easily make themselves a lot more effort that can be easily avoided if you had done due diligence. Many people find this the hard way each year.

Often wise to find much information before starting the company with debt consolidation, but, (and if you read this, I think they already do). Some companies try to close to “sell” their services and do not necessarily need it. If you have another option to take, such as cutting a little interest and payment rates on credit cards, it might be a better option for you to take.

In summary, you should take your time to find a consolidation company debt. Your priority is to find a company you can trust, especially. The best way is to contact several different companies and see what each can offer.

Inflation and You

Today I read an old (13-year-old) but really interesting article called Wake Up and Smell the Inflation on Forbes.com, on how the reported inflation figures are far below the true inflation numbers – it seems that there are many reasons a government would want to keep the reported numbers below the actual figure.

As stated in the article:

Interest payments on national debt (which is very high in both the U.S. and the U.K.) would go up dramatically if inflation was reported closer to its real level. In other words, there are billions to be saved if you can keep the official inflation figures down. Manipulating the numbers is surprisingly simple.

What this should mean to you, the individual is that inflation is here – and it’s doing nothing but increasing. This is important because it means the purchasing power of the money you’ve earned is steadily dropping. What you can do to try and protect yourself, assuming you have monetary assets sitting, is to try and keep the money in a high-yield online savings account. Most of them earn around 5% or so, which should be just enough to beat inflation. Keeping your money in a regular old bank savings account? You’re probably earning 1 or 2%, not nearly enough to keep your money’s purchasing power current.

Here’s another example: Remember that $50 gift card to the Gap your mom got you for Christmas last year? Well now you can’t buy quite as many clothes are you could in December, because Gap slowly raises its prices to keep pace with its increasing costs due to, you guessed it, inflation. There’s an argument for using your gift cards right away. (Even I’m guilty of not really knowing what to do with them and then stashing them. Apparently you can trade them online for other cards now – I’ll have to look into that!)

The bottom line is, inflation should be a real concern for everyone, regardless of how much money you have or what you’re doing with it. If you’re not investing wisely to keep the purchasing power of your money as strong as possible, the forces of inflation will slowly begin to chip away at your money, and soon. Keep smiling though, because next time you ask for a big raise, just mention that cost of living and inflationary concerns are forcing you to seek a higher than normal raise. Point to this post if you need some backup!

Make Money Playing Guitar – How To Play Guitar For Profit

Contrary to popular belief, you do not have to be a master guitar player to make good money from playing guitar. Many more important factors come into play than your guitar playing skill.

When I was 13, I begged my parents for a guitar for Christmas. They were reluctant to take that path, I assume, because of the expected ensuing noise, but they went ahead anyway and bought me a guitar and amplifier from JC Penney. Two years later, I was playing in bars almost every weekend and making more money in one or two nights than my friends were making all week working the night shift at Burger King.

So at 15 was I a guitar virtuoso? No. I still basically sucked as did the band I was in. I mean, we were horrible, yet sold out every night we played. Literally, it was standing room only even on weeknights, and we played almost every bar in a 25-mile radius. It was 1980 when it began, and this band still packs them in anytime they play even though they still basically suck.

What was the secret? The leader of this band was a genius at giving people what they wanted. He knew what they wanted and found a way to deliver it. People want to be entertained. If you can entertain people, you can make money by playing the guitar. It is that simple.

At the time Oldies was a big thing, and this band happened to fill a local void by dressing the part, acting crazy on stage, and playing the songs that people wanted to hear. At 15 years old, I was signing autographs, fending off advances from older women, and making money playing guitar. My first experiences making money playing guitar came from merely giving the audience what they wanted.

A few years later, the whole Urban Cowboy thing happened and, I happen to get into another band that was jumping on the country bandwagon. By this time, I had spent a lot of time learning how to play guitar, and my playing and vocal skills had come a long way. I had also learned what it took to be a valuable member of a band even though I still wasn’t the best guitar player in the world. Another band followed that one and so on until I finally retired from playing live on New Years’ Eve 2005.

In addition to all the bands I played in, I also did some solo and dual work and never played in a group that wasn’t working. During that time, I learned the keys to making money playing guitar. The first key is filling the void for your audience. Most guitar players think they should go out there and play what they want to play. That doesn’t work if you’re going to make money playing guitar. People want to hear the songs they like, and they want to listen to it like the recording, solo, and all.

The second key is only to play material you do well. If that means only playing simple songs, then only play simple songs. The audience does not know if a song is difficult, only if it sounded right. You do not get extra credit for trying something hard to play. You only lose points for not doing it right. If you know the audience is going to request a particular song and you can’t pull it off, find an alternative song by the same artist you can play instead.

The third key is that you must be willing to travel. You don’t need to go across the country to make money playing guitar, but you will need to get out of your local town. Here’s an interesting fact: most people will pay a band from out of town more money then they will have a local band. There’s some weird belief that a band can’t be good if they’re local. I don’t get it, but I used it to get paid.

Building a fan base is the fourth key and is more important in the beginning than getting more money. Connecting with your audience, talking with them between sets, having good stage banter with the crowd, all of these things lead to more money. You can act as cool as you want, but it doesn’t pay as well as being friendly. And that goes double with the person that hired you.

You need to make them a fan by showing up on time, turning down if they ask you to, and always cleaning up when you’re done. If they like you as a person, they will have a stronger impression of you as a performer and will pay you more. It is easy to raise your price once you build a fan base.

So now you know a little more about how to play guitar and make money doing it. I have done very well financially playing guitar in my life even though most of the local music scene in my town never knew who I even was. It’s because I followed these keys that I got paid good money for playing guitar while the local “celebrity” bands were sometimes paying out of their own pockets to play. Always remember that being the best guitar player in the world does not mean that you will know how to make money doing it.

Tips to Manage the Looming Recession

What is a recession?

A recession is when there is a decline in industrial production, employment, real income, and wholesale-retail trade that lasts for six months or more. It spells trouble for all of us. Sometimes it’s hard making ends meet in the best of times, but trying to raise a family in the midst of a recession is doubly hard to do. It helps to stay optimistic in this type of situation. We can tighten our belts a little and still share some quality time together as a family.

Tough economic times call for finding ways to cut down on spending, but not on activities, even when we’re on a budget. After doing a little bit of research I’ve come up with a few ideas that may help to weather this recessional storm.

Saving Money in the Kitchen Save money in kitchen during recession

There are lots of ways to cut back including in the kitchen so let’s start there. First, get rid of all the prepared meals. Aside from being too expensive, they are loaded with excessive fat, sugar, salt, and all kinds of preservatives. These are things that your family doesn’t need. Plan wisely and schedule specific meals for each day of the week. Do your grocery shopping once a week and get exactly what you need for each meal. Try going meatless twice a week.

Do a little research and find recipes for low-cost meals that you can make like pasta and vegetables or a homemade veggie pizza. These are nutritious meals and won’t cost a lot of money.

Saving Money When Traveling

Even when arranging for a vacation or just family time together, put a schedule in place so that you don’t miss a minute of fun. Check with the local visitor’s bureau in your city and see what attractions they offer. Some cities sponsor summer festivities for a minimal fee or no cost at all. Spend the day at a local park; take along Frisbees, a baseball and bat, and maybe even a set of horseshoes.

Stop by your local public swimming pool one day for an afternoon of aquatic games. Even pack a lunch to serve up after the swim, picnic-style, at a nearby park. Everyone develops an appetite after a day of sun and fun. This is an ideal way for a family to spend a day together.

The next day, spend the afternoon watching a movie at your local theatre. If you get there early, you can get the matinee price. It’s another great way to spend the day, and see a great movie in the process.

Saving Money on Pampering

After this much activity, you deserve to pamper yourself a little. If you like to read, don’t go out and spend money on a new bestseller, join your local library and read all of the books you want for free. Also, stock up on some inexpensive candles and some aromatherapy bath beads (you can get them at the dollar store) and treat yourself to a relaxing soak in the tub. If you close your eyes, you can pretend you’re at a fancy spa. You’ll feel any stress that you may have acquired from the long day begin to melt away.

You can find ways to cut back on spending and not on activities, it just takes a little bit of strategy and imagination. So plan to cut back, have fun, and make some great memories to treasure for years to come.

Surviving a recession

Financial planning to survive a recession begins well before the possibility of a recession. Not understanding that a recession can occur is like assuming that a sunny day will not possibly be followed by a rainy day. Not preparing for possible challenging financial times is akin to not wanting to grow up. There are several actions and plans that must be carried out to ensure survival during tough financial times:

1. Maintain your career: Have you kept yourself up to date professionally? Is your resume polished? You can’t wait for the writing to be on the wall to prepare for potential lay-offs. Is there education you need that you have been putting off? To effectively maintain your career and hope to grow professionally, it is imperative that one networks regularly. You never know when someone you know is able to lead you to a different opportunity at just the right time. Considering and developing side interests seriously is smart. Explore your hobbies to see what could result in possible additional funds (and enjoyment). There are also significant tax savings to take into account. And having several eggs in the basket of your career never hurts.

2. Maintain your savings: Think you want the latest new car? Think again! Now is the time to be conservative and be very picky about your purchases. If you have to make a big purchase such as an auto, can you think outside the box and think of alternatives that will have less financial impact? How about using public transportation, moving closer to work or buying a used vehicle? Do you really need that latte on your way to work? How about cooking more and taking your food to work rather than going out? Little expenditures can add up. If you received that much in interest in your bank account, wouldn’t that make you happier than caffeine could?

3. Cover yourself! Make sure you are covered in the case of any emergency. Make certain you have adequate insurance for any potential risks to your finances auto, homeowners, medical, etc. A medical emergency not well covered could result in bankruptcy. Have you created a will to take care of any dependents? Do not leave them vulnerable. Insure that any children are well aware of the need to manage finances at an early age. They must also understand about the value of education and its usual impact on a stable, financially secure future. Do not leave this to chance. Have a continuous dialogue with them to cover yourself. You never know when you might need their financial assistance during a future recession!

Having these areas taken care of should allow one to endure the rainy days of life so the sunny days can be even more pleasant.

Public Provident Fund Knowledge Series

  • Public Provident Fund is a savings cum tax saving instrument in India, introduced by the National Savings Institute of the Ministry of Finance in 1968
  • Only Resident Individuals can open an account. HUF & Non-resident are not allowed to open an account.
  • Minimum 500 to Maximum 1,50,000. Any amount deposited over and above 1,50,000 won’t earn any interest.
  • Minimum Duration is 15 years and thereafter it can be extended for 1 or more blocks of 5 years each.
  • If account holders are in need of funds and wish to withdraw before 15 years, the scheme permits partial withdrawals from year 7 i.e. on completing 6 years.
  • An account holder can withdraw prematurely, up to a maximum of 50% of the amount that is in the account at the end of the 4th year (preceding the year in which the amount is withdrawn or at the end of the preceding year, whichever is lower). Further, withdrawals can be made only once in a financial year.

Subscriber has 3 options once the maturity period of the PPF deposit is over.

1. Complete withdrawal.

2. Extend the PPF account with no contribution.

The PPF account can be extended after the completion of 15 years, the subscriber doesn’t need to put any amount after the maturity. This is the default option meaning if the subscriber doesn’t take any action within one year of his PPF account maturity this option activates automatically. Any amount can be withdrawn from the PPF account if the option of extension with no contribution is chosen. The only restriction is only one withdrawal is permitted in a financial year. Rest of the amount keeps earning interest.

3. Extend the PPF account with a contribution.

With this option, the subscriber can put money in his PPF account after extension. If the subscriber wants to choose this option, then he needs to submit Form in the bank where he is having a PPF account within one year from the date of maturity (before the completion of 16 years in PPF). With this option, the subscriber can only withdraw a maximum of 60% of his PPF amount (amount which was there in the PPF account at the beginning of the extended period) within the entire 5 years block. Every year only a single withdrawal is permitted.

Tax Benefits of Public Provident Fund: –

1. Interest Income earned on PPF is exempt under section 10(11).

2. Entire Maturity amount received is exempt.

3. Deduction u/s 80C every year for any amount deposited in PPF (maximum 1,50,000)

Premature closure of PPF account: –

Premature closure of PPF account is permitted after completion of 5 years for medical treatment of family members and for the higher education of PPF account holder. However, premature closure comes with an interest rate penalty of 1%.

Loan facility with Public Provident Fund account: –

  • Loan facility available from 3rd financial year up to 6th financial year. Up to a maximum of 25 per cent of the balance (at the end of the 2nd year or immediately preceding the current year) would be allowed as loan. Such withdrawals are to be repaid within 36 months.
  • A second loan could be availed as long as you are within the 3rd and before the 6th year, and only if the first one is fully repaid. Also note that once you become eligible for withdrawals, no loans would be permitted. Inactive accounts or discontinued accounts are not eligible for a loan.