Buying a Car Soon? 4 Ways to Prep Your Pocketbook Beforehand

Buying a vehicle is a major investment, and you will need to plan ahead if you want to preserve your finances. With a solid plan in place, you should be able to avoid some of the most common mistakes that car buyers make.

Improve Your Credit Score

Well before you apply for a car loan, you need to take a close look at your credit score. That number is going to have a huge impact on your financing options, and increasing your credit score by just a few points could save you thousands in the coming years. 

The easiest way to boost your credit score is to pay down your balance on a few credit cards. You must also contest any blemishes on your credit report that you believe is incorrect.

Set Aside an Emergency Fund

Even though most modern vehicles are incredibly durable, a breakdown could still occur at any time. While your insurance or the warranty should pay for the repairs eventually, you might need to cover the costs initially. 



Having a small emergency fund will allow you to take care of smaller repairs such as flat tires, cracked windows, or blown fuses. You might also want to set aside a little bit of money for basic maintenance like oil changes and rotating the tires.

Start Researching Auto Loans

Saving up for a down payment is going to help you in the long run, but you will probably still need to take out a loan. Many different organizations offer auto loans, and you should spend some time researching all of the different lenders that you are considering. 

It might be tempting to get your auto loan through the dealership, but those parties rarely offer competitive rates. Getting pre-approved for an auto loan before you get to the dealership is going to make your life much easier.

Ask about Warranties

Most dealerships offer limited warranties on their vehicles, but you might want to think about getting an extended warranty as well. With an extended warranty, you can rest assured that your vehicle is going to be covered if any of the parts are defective or there is a recall for your vehicle. Some warranties even cover major repairs as long as they happen with a certain period of time.

After you have been handed the keys to your new vehicle, you must make sure that you keep it properly maintained. A little bit of maintenance will reduce your risk of major mechanical problems down the road.

Different Types of Trading Methods In Intraday Trading

Intraday trading is all about buying and selling stocks on a given day. The objective of day traders is to see whether their purchased stocks will rise or fall in value during the day's working hours. At the risk of incurring a loss, intraday traders hope to gain higher profits from the stock bought and sold during the time. Through the use of specific intraday trading strategies, day traders hope to add daily wins to their portfolio.

Intraday trading techniques include a wide range of strategies such as candlestick chart, candlestick patterns, momentum strategies, and more. Here are essential day trading strategies that you can employ and try if you are looking to earn profits by trading within one day. That’s why you should try a MT4 demo account from Hantec Markets first – a safe environment to practice and experiment before you commit.

Momentum trading

Through the momentum strategy, investors buy stocks when the price is rising. Some important points to consider when employing the momentum trading strategy include:

• A rare and drastic move in price, driven by a sound catalyst such as sudden earnings growth, successful launch, and full acceptance of new product or service, mergers, and acquisition news, etc.
• Stock growth of 25% to 40%
• Little-known stocks that trade quickly due to a decreased number of shares
• Trends or expert opinions on momentum trading from advanced analytical tools and communication platforms by well-reputed brokers such as Kotak Securities

To ensure that you do not incur significant losses, you must set a stop-loss order just below the decline of the first price.

Scalping strategy

The premise behind the scalping strategy is that small profits during the day add up to a substantial amount at the end of the day. A day trader employing the scalping strategy sets a buy and sell target and adheres to the planned levels. 

This is a swift strategy where you can buy and sell in a matter of seconds or minutes. Expert day traders generally employ the scalping strategy when they are confident to make instant decisions without regret.

Pullback trading strategy

Day traders using the pullback strategy look for stocks that have a demonstrated trend. They supervise this trend until they witness a price decline from the pattern. If an upward trend is observed, the downward price movement -- also known as Pullback -- becomes the entry point for the day traders to begin buying. To understand this strategy and the stock's trend, day traders use technical charts.

Breakout trading

When stock prices rise above the previous day's top resistance price, the breakout trade takes place. However, breakout trading is not as secure as viewing the chart, understanding the resistance, and making a purchase after a breakout. It is crucial to carefully observe the level of stock trading volumes or the number of shares that are being transferred. 

This is because, according to market experts, breakout trades on high volume are more inclined to be sustainable at the recently-changed higher price than the breakouts that have a little volume.

News trading

Stocks generally react to news events. For instance, missed earnings could cause stock prices to plummet; a rise in crude oil prices could affect oil and gas stocks, so on and so forth. By being alert on local and global happenings, you can capitalize on the information.

Conclusion

Intraday trading comes with a high degree of risk and could result in substantial gains or losses in a short timeframe. Although there are no sure shot guarantees that intraday trading can offer you high returns, you can make consistent profits in the long run by learning and applying some of the strategies and techniques mentioned above.

A Simple Guide to Worker’s Compensation

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Sometimes, more often than we would hope, people get injured at work. This is a huge risk for employers. One of the ways they mitigate that risk is by obtaining worker’s compensation insurance. However, obtaining worker’s compensation as an employee isn’t as easy as it sounds. In certain instances, it can be a struggle to get compensated for your injury. Below are a few things you should know.

What Worker’s Comp Actually Covers

There is some confusion over what worker’s compensation will actually cover for an employee. The coverage includes medical bills resulting from the injury. It includes missed wages from not being able to work. 

It will cover costs related to a long term illness, disability or repetitive injuries, like carpal tunnel syndrome, resulting from a workplace injury. It will even cover funeral costs if you were to die due to your injury.

The Role of Lawyers

Sadly, the system of worker’s compensation doesn’t always work as it should. In some cases, a completely valid claim may be rejected. The benefits you are paid may not be adequate for your losses. 



Your employer may even retaliate against your for filing such a claim. If any of these scenarios are true, you should seek out workers comp attorney services. Sometimes legal proceedings are required to obtain the worker’s compensation you are entitled to.

What Worker’s Comp Won’t Cover

However, not every worker’s compensation claim rejection is made in error. There are certain things worker’s comp won’t cover. It won’t cover accidents that occurred while you were commuting to work. It won’t cover injuries that occurred at outings for work that were voluntary and not mandatory. 

It won’t cover injuries that occurred due to a worker being intoxicated. Injuries that occurred due to employees acting inappropriately and partaking in “horseplay” may also not be covered.

The Claims Process

Worker’s compensation operates through a claims process. An employee must report the injury to their supervisors at work. They must then categorize any medical care received as being work related so the information can be sent to their employer’s insurance company. 

The claim then must be approved before that worker receives benefits. State law mandates how long a worker can wait after an injury before filing a claim.

Worker’s compensation is very important. It allows workers to recover after a workplace injury without having a huge negative economic impact on their lives. It also shields employers from costly lawsuits. Make sure to learn a lot about the process if you are considering filing a claim.

The Reality of No Credit Check Loans: Case of Eliza

Underhand tactics by loan companies are costing Britons hundreds of pounds every year. Failing to understand which loan could serve best to their needs, a large number of borrowers find themselves tied up with a permanent debt spiral. 

Online lending firms sign off on small loans at easier terms and conditions whereas traditional lenders and banks do not entertain borrowers with a poor credit score.

Many borrowers fail to maintain good credit standing, which is why they turn to direct lenders when they need money, but not all direct lenders follow ethical policy when it comes to assisting people financially. 

Reliable lenders mainly evaluate borrowers’ credit report and repayment potential to figure out whether it is worth lending them money or not.

The majority of people who rely on loans for funding small needs generally have an impaired credit rating. When credit score is not up to the par, running a hard credit check will be like a turn of the screw. 

Therefore, some lenders run soft credit check. Financial experts suggest that taking out a loan without researching enough will be like buying a pig in a poke.

“No-credit check loan with instant decision is not a particular type of loan. It is rather a small loan with no credit check. Trustworthy lenders run a soft credit check when borrowers apply for them. 

A debt spiral mounts up when they take out a loan with a company that makes neither hard inquiries nor soft inquiries. Borrowers with poor creditworthiness should take out a loan with soft credit check.

Following outlandish advertisement claims spur on borrowers to take out loans with no credit check without further ado:

Here is the case of Eliza

Eliza was in mid 30s living with his husband in London and working as an operation manager. She was pregnant by one month when her husband lost his job because the company had to shut down. 
Just two weeks later, tumble dryer went out of commission. Laundry was further afield and it was not possible for both of them to cover miles due to tight financial condition and her busy schedule and pregnancy. For a couple of days, she dried clothes under fan’s air. 




Elisa decided to take out a short-term loan to get the tumble dryer repaired as soon as possible because otherwise they may suffer from health hazards due to mildewed air inside the home. As a responsible borrower, she requested credit reference agencies for providing her credit report. She found that her credit rating was not up to the par.

Of course, she was not able to take out a loan with the bank. She turned to direct lenders as she needed money quickly and did not want to pay off broker fees. After researching about direct lenders, she took out a short-term loan with no credit check with British Lenders. The lender conducted a soft credit check before approving the loan.

Loan amount	£500
Upfront fees	nil
Loan period	30 days
Amount to be paid	£620
Interest	£120 (£24 for every £100)
Late payment fees	£15
APR	292%

Elisa chose British Lenders because APR was lower than other direct lenders. She was certain that she would pay off the debt on time. As she got money in her account, she bought a tumble dryer. Since she was expecting, some money was dissipated in medicines and medical checkups. As a result, she left with very little money to settle the debt.

She talked to her husband if he could have some savings, but her husband did not allow for dipping into it so as to have them for a rainy day. Her payment had been overdue and the lender had already applied late payment fees and interest penalty by the time she informed of her financial difficulties.

According to the policy, she was supposed to inform the lender of her financial struggle to escape late payment fees and interest penalties. She rolled over the loan for another two weeks that amounted to £698.6. 

The due date was very close, but she failed to arrange money. Since she did not want to repeat her mistake, she immediately informed British Lender that she had been facing difficulty paying off the loan. She proposed the lender to accept the minimum payment.

The lender asked her to submit her bank statement again to evaluate that whether her problem was genuine or she had been trying to welch on a debt. After getting the evidence of plummet in her net worth, the lender accepted her proposal even though it was under no obligation to accept her offer, but under trading guidelines, it had a duty to respond sympathetically.

On her request, the lender accepted half of the payment and rest due amount was rolled over for a period of 30 days. Elisa successfully managed to pay back the debt and she thanked British Lenders to be generous. Their Transparent policy had kept her from falling into debt.

How Much Money Will You Save From Buying a Travel System

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As a parent, there is no shame in choosing to be practical. Looking for hacks to save effort, time, and money is perfectly valid as long as your child’s safety is not compromised. When preparing for your child’s must-have list, one of the things that are surely included would be a car seat and a stroller. Of course, you can’t skip the car seat because it’s vital for safe car rides. And although there are some parents who prefer to carry their children around, strollers are more convenient for walking on long durations and distances.

You can buy the two separately, but you can also purchase a travel system. Basically, a travel system is a car seat and a stroller combo. When you follow this link, you can quickly notice that some manufacturers even include other goodies to the set. Now, the question here is which one will save you more money? Is buying both equipments in a single purchase gives you a bang for your buck?

Car Seat Stroller Combo vs Separate Purchases

A travel system is composed of two separate parts that fit together. They are easy to attach, and you don’t need to buy extra equipment for them to work. Another advantage with the combo is that you can leave the base of the car seat in your vehicle. 

This means you don’t need to wake your sleeping baby when you transfer him/her in and out of the car. There are also other inclusions and features in the travel system which we will talk about later.

But travel systems also have a downside. Some parents can say that a combo is one of their regretted purchases. The reason for this is because some travel systems can be costly, and buying a cheaper unit has its cons. In order to lower the price point, manufacturers have to do some tweaks. 

For example, you can get a seat that is a joy to adjust and install in the expense of a bulky and hard-to-unfold stroller. Or you can also get a one-hand folding stroller in the cost of a car seat that is challenging to adjust.




While travel systems eliminate the hassle of matching a stroller and a car seat yourself, buying the two separately gives you more personalized options. You can search for a car seat that will surely fit well into your vehicle and a stroller that is less bulky but works with a lot of brands.

How Much Money Will You Save From Travel Systems?

Directly speaking, you can save from $80-$100 depending on the inclusions and features of the unit. Because some models allow you to recline the car seat horizontally and vertically, your child can use the combo for longer. This saves you from buying a separate bassinet, although some units also offer a bassinet along with the stroller toddler seat.

Because you’ll be getting a toddler seat in the stroller and an infant car seat, you can think of it as getting three purchases in one. Some models even include a separate bug shield from the UV shield of the canopy which is a plus.

There are even car seat stroller combos like the UPPAbaby 2015 Vista that allows you to experiment with the configurations. You can add the included bassinet along with the toddler seat or use the car seat with the toddler seat. 

This feature is useful since you don’t have to purchase a separate stroller. At the same time, you can have both of your children in one stroller while walking. You can also position the seat from facing you (rear-facing) to forward-facing as your child grows.

Another area where you can save money is the fact that infant car seats have higher weight limits than bassinets. Bassinets usually have a weight limit of around 20 pounds while infant car seats can accommodate up to 35 pounds. 

If you add this number to a stroller with a 55-pound limit, you can get a long duration of usage. Although the American Academy of Pediatrics doesn’t have a specific limit of using a stroller, it is best to get one with a higher number.

Final Take

Prioritize quality over anything else. But this doesn’t mean that you have to use your child’s college fund just for a car seat and a stroller. First, evaluate the car seat and the stroller of the combo individually. Check if the car seat fits well into your vehicle and weigh the features and capability of the stroller since you will use it longer than the infant car seat.

Financial Protection Is Something We Can No Longer Ignore

One of the problems that we are all facing today is the growing advancements in ways people are able to dig into our pockets and take money. It could be an excellent salesperson “Wolf of Wall Street” style, commercialization in which we are persuaded that we ‘must-have’ this particular item, and of course the very subject we are going to hit on today – those that are making money by selling our financial information.

How Do People Get Hold Of Our Financial Information

Even with all the ethical laws out there that are put in place to guarantee our privacy, greed will still overcome those laws. This is why companies such as Enron contributed to the 2008 stock market crash, and how many other financial companies back in that time were pulling the wool over their investors’ eyes with fake figures.

This was greed because these people did not want to lose their fat paychecks or tarnish their reputation for being successful – another type of greed.

It is agreed that many syndicates out there use to operate. It is all very well believing the amount we earn is protected by company privacy laws, but what happens when someone offers an HR employee a nice sum of $1,000 to give him a list of names and addresses as well as their current earnings? How many say no and how many say yes? 





This does happen. And then this information is sold on a black market and eventually fed through to large corporations who process the data into their systems.

No one can track how they got this data, and hat happens when they do get caught buying this black market info? Usually, they have an elaborate cover-up story, plead innocence, and at worst get let off with a small fine; a fine that is just an expense that is worth far less than the profit made by buying that information.

Computer Fraud or Online Fraud

Internet security, being used as sécurité internet for hackers is another vulnerable area every business has to protect. However, once again, in some smaller firms computer personnel have been caught actively selling access to their company system on the Dark Web in exchange for Bitcoins. There are probably plenty of cash deals that go on too.

In the USA people are hot on the subject of blaming Russian and Chinese hackers for influencing government polls. How did these people get into these websites in the first place? Was someone paid to make sure these government websites had lesser security? Well OK, we don’t really know if what are hearing in the media on this subject is true or not, but let’s say these government systems are as vulnerable as the media has reported, then how secure is our financial data?

The foreign invasion of the US IT systems has been dubbed as protection internet, which many of us cannot read or comprehend. However, just because the USA is always in the news, that does not mean every other country is also under threat from these cyber attacks. They are, and it is not just cyberattacks, but information fraud; although the information technically comes from a computer system, so this is a form of a cybersecurity breach.