Category Archives: Finance

Property Acquisition? Here’s How You Can Cut Costs

Real estate agent handing house key

Real estate agent handing house keyBuying a home is surely not the kind of purchase that you can get on an impulse. It requires careful planning and thorough consideration to avoid costly mistakes in the long run. Having such a purchase will require you to save up until you have something for a down payment (or even full payment).

There are, however, some ways to cut costs when buying a home. When getting the best deal, you need to exert extra effort. And everything will be worth it.

Below are some of the most important pointers that you must keep in mind when buying a home.

Assess your needs

Perhaps the easiest way to save in the long run is by making sure that the house you are buying will provide your family’s needs. If you plan to have a small family, it will not be practical to get a big house. Likewise, it will be unreasonable to buy a studio-type apartment if you are planning to have three or more kids. Always think long-term when coming up with a decision.

Get the best mortgage

The mortgage company is your best friend when it comes to home acquisition. They will help you manage costs and get the home of your dreams. But choosing the wrong plan can also cause you some costs. If you are having trouble paying your mortgage, you may want to start a remortgage comparison through Conveyancing Supermarket so you can choose the one that works for you.

Find the right contractor

You may want to make some modifications to your home, but it is going to be expensive. If this is part of your plan, make sure that you will work with the right contractor. Find the one that understands your needs and offers their services at a reasonable price. It will be wise if you find a contractor within your community.

Buying a home is sure expensive, but that does not mean that you cannot do anything about it. Keep the things above in mind for a more fruitful home acquisition.

Common Forms of Abuse Among the Elderly in Nursing Homes

Nurse helping an elderly ladyAging individuals in most instances need round-the-clock care. When families are no longer able to provide sufficient support, their best option is often a nursing home. Nursing homes are, however, not all perfect.

Nursing home abuse is one of the frequent cases handled by specialized lawyers in Macon, GA such as Nursing home financial abuse, in particular, is one of the most common yet subtle forms of abuse. It costs the elderly approximately $3 billion annually.

Here are some of the forms of financial abuse in these facilities.

Abuse of Power Of Attorney

This abuse is mostly committed by people close to the patient. In most instances, caregivers can gain the confidence of your loved one and convince him or her to transfer their power of attorney to them. This way, they control the assets, properties, and accounts of the patients.

In some unfortunate instances, however, this abuse is committed by the patient’s family members.

Investment Broker Scams

Investment brokers in this scam convince the elderly to transfer control of the assets to them in return for high yield returns on investments. Most brokers, however, make excessive transactions and transfers to charge high commissions to their elderly clients.

Most of these investments are not in the best interest of their clients as they take advantage of their limited financial knowledge.


The nursing home mostly commits this kind of financial abuse itself. It takes many forms but overbilling is the most common one. This includes charging for medications and services not provided to your loved one.

Some facilities also subject their patients to unnecessary medical procedures in an attempt to increase their bills.

Most victims and family members do not even notice financial abuse until it is too late. The best way to protect your relatives from financial abuse when in a nursing home is to be alert and always be involved. Isolation is one of the most significant risk factors for financial abuse in these settings.

Crafting a Secure RCM Plan Amid a Surge in ACA Enrollees

A couple getting health insuranceThe open enrollment period of Affordable Care Act’s (ACA) is over. But anyone eligible can still obtain health insurance in 2018 by qualifying for the special enrollment period, or through Medicaid or the Children’s Health Insurance Program (CHIP). With extra period and opportunities to enroll for the ACA, what does this mean to healthcare providers?

Here’s what and other reliable online resources found out:

Enrollment overflow

ACA aims to make health insurance more affordable, reduce the number of uninsured individuals, and lower the cost of healthcare. In 2016, about 2.1 million plans were chosen from the marketplace. Exactly a year after, 2.8 million signed up for the ACA. With more in line after the open enrollment period, the demand for affordable health is increasing.

Healthcare caveat

With the increasing demand, healthcare providers are facing countless opportunities to take in more healthcare demand and, in effect, a business boom. A U.S. Department of Health and Human Services report showed that over 90% of Medicaid enrollees are satisfied with their health plans. However, a looming pressure exists for revenue cycle management (RCM) services.

Developing a secure RCM plan

Healthcare providers must strengthen their RCM services by looking for better systems and procedures that would meet the demand for ACA. To develop a sound and secure RCM plan, they must consider the following:

  1. Planning must involve all stakeholders and decision-makers.
  2. Current technologies must be evaluated and improved.
  3. Accelerating (or liquidating) outstanding receivables should be used to preserve financial health, especially during strings or periods of denials.
  4. Educating patients about their billing also helps them pay their bills in a timely manner.
  5. Staff must be educated as well, particularly with the RCM strategy and healthcare reform issues.

As enrollment plateaus after the additional enrollment windows, the real work begins in ensuring that the RCM strategy is sustainable and secure enough for the business’s future.

The Best Modern Investments for the Family

Saving, male hand putting a coin into piggy bankWe learn not only from our mistakes. Sometimes we also learn from our very own parents’ financial and investment mistakes too. At the same time, most parents don’t want to live on just a paycheck-to-paycheck basis. Financial security is always on the mind of the family’s breadwinners.

One of the obstacles that stop the head of the family to invest is security. With careful planning, you can sleep peacefully with the thought that your earnings are safe and growing. Here are some options to save more and invest for the future of your family. These investments provide more security than others.

Real Estate

This is a common source of income even for investors. As a family, you can increase its high value by building its equity. Such as new townhomes in Utah, they present an opportunity to increase your savings. Find markets with low prices and the inclination to increase over time, and you and your family will be more than happy with your investment.


Investing in stocks may be ill-advised at the moment because the market has experienced its ups and downs. But the benefits of investing in a stock market haven’t changed. Wealthy investors will tell you one thing — hard work and understanding the stock market fundamentals are the ways to successful investing in stocks.

Life Insurance

Life Insurance can also protect your properties and businesses as well as your loved ones. Whole life insurances create cash value over time as well. If the structures are stable, the death of the person insured can leave his beneficiaries with the accumulated money over time.

But before passing away, they can also loan or take out cash from their policy’s cash value.

Deciding where best to invest for you and your family is not really that hard as you think it is. Get the best solutions using cautious research, studying, planning, or consultations with a financial adviser.

What a First-Time Real Estate Investor Needs to Know

A house being put up for saleReady to be your own boss? You don’t have to open your own shop to get started. One thing that can offer years of profit is real estate, particularly multifamily housing. It can be tough going, so this is one thing that requires careful thinking. With many renters looking for housing options, however, you should get started on this venture as soon as possible.

Start with the Location

You need to find a place with enough possible renters. It could be close to the city so employees who have a long commute will consider renting as an alternative to being stuck in traffic for hours. The location also plays a role in deciding whether the terms offered by the multifamily lender are favorable to you. If the location is busy and highly commercialized, you can ask for a competitive rental rate to cover your expenses.

Consider the Loan Terms

In Utah, the demand for both houses and apartments is high. This means there are plenty of loan options available to real estate investors. There are also different interest rates to think about. You need to figure out whether you want a fixed-rate mortgage at a competitive interest rate or an adjustable-rate mortgage with the hopes that the market rates will be favorable in the future. Compare mortgage prices and don’t forget closing costs and insurance coverage before making a decision.

Think Long-Term

You may not get back the money you put in for down payment in the first year, but it’s worth it in the long run once you’re finished paying the mortgage and you enjoy the benefits of having passive income. You can adjust rent prices accordingly, as well. As long as the rent prices are reasonable, you will have a steady stream of tenants.

If you want an investment that can give you passive income for years, consider real estate investment. Before spending money on it, get as much information as possible and manage your expectations.

What Every Real Estate Buyer in Hawera Should Know

A couple talking to a real estate agentWhile factors such as the state of the nation’s economy and the number of investors have an impact on how real estate grows in Hawera and beyond, many buyers are unaware of much of these issues.

However, companies like First National Mills & Gibbon know that real estate growth in Hawera is something that there are things that you can do about it. There are micro-factors that you can use to determine which options will suit you best and these include the three most critical ones:

Property Location

You should have considered this factor before anything else. But it is necessary to know which public amenities are near the area, and which are the most significant to you and your loved ones. Determine the quality of the social and recreational facilities, shopping centres, and learning institutions near the property so you could judge whether the value is a worthy investment.

If you are a home buyer, you will also want to consider the proximity of the property you plan to purchase for employment and investment opportunities.

Neighbourhood Comparison

Although you might have already settled for a particular house, it is advisable that you consider the prices at which comparable properties in that area are selling. Doing so will help you determine whether your current option is retailing at the market value or there are hidden costs that your realtor has included. Nonetheless, you should remember that short sales and foreclosures can also affect the value of these neighbourhood properties.

Altogether, urbanisation still plays a critical role in real estate trends in Hawera, Stratford and other areas in New Zealand, which also comes with its fair share of challenges. So, whichever neighbourhood you choose, you will still want to engage a reputable real estate company in discussing your options and find a property that will best suit your needs.

Bankruptcy: What are the Qualifications for Converting Chapter 13 Bankruptcy to Chapter 7?

Petition for bankruptcy

Debtors have the option to file a Chapter 13 bankruptcy, and for quite a few good reasons. Some of these include debt reduction and protection against wage garnishment. The good news is you can file for this type repeatedly and at any time. However, some unforeseen circumstances may arise and you may have to convert your Chapter 13 bankruptcy to Chapter 7.

Why Convert to Chapter 7 Bankruptcy?

Debtors might consider converting from Chapter 13 to Chapter 7 because their financial situation worsened and they cannot keep up with the current payment plans. Another reason is to give up certain real estate or properties that you wanted to keep initially, but decided to let go. Consulting with a bankruptcy lawyer in Salt Lake City enables you (or any other debtor) to determine a legal course of action after deciding to convert your status.

Parameters for Court to Force Chapter 7 Conversion

Whether you like it or not, there are cases when courts force debtors to convert to Chapter 7. And their only reason is “for cause.” Some examples that constitute as a cause for forcing a debtor to convert include:

  1. Failure to file a plan or make payments on schedule
  2. Unreasonable delays that result in harm to creditors

Is a Debtor Allowed to Convert?

Debtors can convert to Chapter 7 from Chapter 13 bankruptcy any time under one restriction — when they have received a Chapter 7 discharge in the last eight years.

Qualifying for Chapter 7 Bankruptcy Relief

To qualify for a conversion, debtors must pass a means test. This examines a debtor’s expenses and income and determines if they have the capacity to pay their debts on a Chapter 13 plan. If deemed that a debtor can still manage to stay on time with payments, they cannot convert to Chapter 7.

Converting to Chapter 7 bankruptcy from Chapter 13 may provide debtors with financial relief, especially if their situation changed since the time they filed the latter.

Shop Problems: Drawing People in

Shop ProblemsDo you sit there and wonder why no one comes to your shop? You have chosen the best locations in Tampa and the busiest time slot but still end up with very little foot traffic. Adjacent stores have more people coming in while your shop remains empty. If this continues, your business is in danger. Doing business is not just about having the goods consumers need. Sometimes, it's all about your presentation.

Think of your shop as a proposal, and people's entry to it is that "Yes!" you have always wanted. It becomes easier to see how you can attract the right attention towards your store. Here are some things that might be missing from the equation:


It doesn't matter if your shop is in a building that receives a lot of people every day. Your shop can remain invisible if you do not design it properly. You may have the goods, but you lack the draw. Get commercial lighting systems in Florida for all those luminous signboards. You would be surprised at how much the light in your shop creates intrigue and personality for your store. Look into modern designs and light your shop accordingly.


People only buy things when they need them. If you go by this logic, your business will only get consumers whenever the need arises. What you have to do is create the need and plant that idea that consumers need to buy your goods. Put some of your items on sale if you can. Create events that put your goods at the forefront and encourage a sense of community. Consumers these days are not just looking for items or services. They want a brand they can trust.

Managing your business is one thing. Drawing people in is another. Always remember both sides.

Make the Most out of Working with a Digital Marketing Agency

Working with a digital marketing agency isn’t like working with a supplier of office Two people shaking handspaper. You don’t treat them as a third party. You have to see them as an extension of your own business.

In this day and age of ubiquitous Internet and technology use, a digital marketing agency should be treated as one of your most important business partners. If they fail, you fail, and there is no ignoring the massive impact of what they can do for your business.

Here's what you need to do: 

1. Set specific goals.

There are many aspects of digital marketing, and you’ll need to narrow down your focus so you can create a solid marketing strategy. For instance, do you want to build brand awareness on social media or drive targeted traffic to increase sales?

2. Be clear about what you want.

Digital marketers can’t read minds. While digital marketing agencies like Musselwhite Marketing and Consulting can provide the expertise you don’t have in-house, you should be able to give them a clear, straightforward brief about what you want to work towards.

3. Create specific working arrangements.

Agreeing on a definitive working arrangement allows both parties to go about and focus on their work, confident that the other is doing their part as well. Important parameters to be discussed include the nature of the work, service level agreement, turnaround times, schedule of meetings, and communication processes.

4. Measure results.

Measuring the results of a digital marketing campaign helps you evaluate the success of your partnership. It’s important not only to assess the agency’s performance, but also to look at how you have collaborated with the agency to ensure that the campaign is a success.

Working with a digital marketing agency is not something you take lightly. As more consumers turn to the Internet as their primary means of receiving information, it is now more crucial than ever to establish and nurture an effective partnership with an agency that does the same for you.

4 Best Parcel Shipping Practices to Save on Freight Costs

Parcel Management Industry research shows businesses are always looking for ways to reduce their shipping costs. As more and more Britons are becoming comfortable buying products from the Internet, they’re also more prone to making small impulse buys.

This results in more and smaller packages. And with smaller packages come bigger shipping costs. If you can’t handle this correctly, the costs you pay for shipping could grow and eat up your profits.

To make sure you keep your shipping costs as low as possible, observe the following best practices.

  1. Look for alternative carriers.

For most people, major carriers are the obvious choice, but they may not always be the best option. Smaller carriers such as regional brands can offer you more competitive rates, which raises the bar and forces big carriers to drive down their prices as well.

  1. Automate data capture.

Automated data capture technology allows you to electronically scan parcel information and save it in a database. This helps you catch costly errors before the product ships out and provides real-time tracking of the package’s location after it has been shipped.

  1. Pack goods properly.

Condense shipments into the smallest containers possible and use filling material such as packing peanuts to protect the product from bumps and scratches. This helps you reduce risks of product damage and having the customer send the item back to you.

  1. Negotiate prices.

This can seem daunting in the face of big shipping companies, but this is where a parcel management company like Atom Logistics can help. Knowing your shipping data is a must, and you get an edge if you can leverage the competition from small carriers. Also, know that you can also negotiate other fees, such as minimum charges and accessorial fees.

High-volume shippers can drive down their costs in many ways, but each of these requires that you understand your shipping data, use the right technology, and partner with the right parcel management provider. Doing so can reduce your shipping expenses significantly.