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Practical tips to prevent overspending while sheltering at home

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Steve Sorensen Embezzlement. The coronavirus pandemic has greatly affected the economy. Millions of people have lost their jobs and others are earning less than the usual. Even with assistance from the government, financial security should still be prioritized. Despite the lifting of stay-at-home orders, many are choosing to remain indoors to keep their families safe. Here are some practical tips that will help prevent overspending while sheltering at home.

Have a budget

Steve Sorensen Embezzlement. With the limited resources available to some, it's important to rethink one's purchases. Having a budget can keep the household in check regarding their expenditures. Aside from the day-to-day consumables, there are also bills to pay. For those who live with family, sitting down with other members to discuss the budget might help with getting only the necessities without draining the funds or getting into debt.

Prioritize savings

Most people who are working from home are d…

On managing credit score during a crisis

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For many individuals around the world, paying bills has become more difficult due to the COVID-19 pandemic. Since the pandemic started, many businesses have closed or stopped their operations, leaving many employees fending for themselves. In a financial crisis such as this, one should be mindful of their credit score. Steve Sorensen Embezzlement

Income reduction and job loss could mean missed payments. Make it a point to reach out to creditors before missing a payment. Creditors may have provisions in place to help debtors navigate through an economic downturn. Immediately reevaluate the cash flow to know where to make cuts in expenses. Look for any bleeders. And, if possible, get rid of them quickly. These may incur charges without one’s knowledge and may increase their debt. Steve Sorensen Embezzlement.

A person’s top priority should be their basic needs. Market experts believe that worrying about credit score over food, water, electricity, health, rent, and necessary …

Five tips to become a frugal house buyer

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Even during a pandemic, the real estate industry is not taking a break. Many home buyers this year have spent years to save up for their dream home, and are not being hindered by COVID-19. The thing about buying a home during a crisis is that the price tag can work to one’s advantage.

The first step to being a frugal home buyer is to review home prices. This will help a future homebuyer determine how much money needs to be saved for purchasing a house. Pricing is not the same for every state. Consider location when searching for house prices online. Having ballpark figures can lead one to save better and more aggressively. Steve Sorensen Embezzlement.

Now, it time’s for practical tips to saving money. Split your paycheck in different accounts. This principle is the same as having an automated savings account. Having two accounts for the paycheck, with one of them rarely used, prevents one from spending the money they don’t usually see—out of sight, out of mind. Stash cas…

Seven tips to help you generate more income amidst COVID-19

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Many employees lost their jobs or have their work on hold due to the global health crisis that is COVID-19. With majority of the industries working from home, there is an opportunity to make more money from online gigs.

Online tutoring has been quite a stable industry for many years. Now that more students are using computers for learning, tutoring sites have job openings for those who are interested in teaching kids. Market your career expertise. Digital marketers, writers, and editors can sell their expertise on LinkedIn and other network building platforms. During these times, people are inclined to learn new skills and are willing to pay huge money to experts who can share their best practices. Steve Sorensen embezzlement.

Take online surveys. Brands and research groups are looking for individuals who can share their opinions on topics and are willing to spend a few minutes answering surveys. It’s not a huge amount, but it sure is a way to make more money. Clear out clut…

Getting married: Here are a few things to consider when it comes to finances

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Every year, thousands of people tie the knot. And every year, thousands of couples separate and eventually go through a divorce because of money problems. Steve Sorensen embezzlement.

While so many well-meaning people mention that money should be the least of a married couple’s concerns, it is indeed the opposite. A couple’s finances have to be well planned out even before they get married. Here is a quick review of financial tips for people planning to take that next step in their relationship. Steve Sorensen embezzlement.

Take the time to talk about finances.

When planning for a wedding, couples should have several important discussions about several important things in their lives that both parties should be aware of. One of these things is money. If both people can come up with lists of what they own and owe, that could go a long way in the planning. Steve Sorensen embezzlement.

Decide who pays what.

Armed with the knowledge of each other’s financial current standing and …

Six effective ways to get better at tracking expenses

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Many people struggle in the area of finances. Instead of saving up for their future, their present eat up all their money, leaving them in debt in the years to come. Having access to unlimited financial advice should merit one a few tips on how to be financially secure. Steve Sorensen embezzlement.

Tracking expenses is one way of being financially independent. When spending is tracked, one’s savings can grow much faster. Get a budget app to get things started. Religiously log every expense. Many apps are available on the App Store and Play Store, with different tracking options. Categorize expense. This would give one a clear idea of where their money goes. When this is done, a person can know where to lessen spending and where to allocate more. Steve Sorensen embezzlement.

Track spending throughout the day. It may seem like a lot of work, but it can become a habit. At the end of the day, one can have a good look at their spending behavior, which can vary from day to day…

What to do after being victimized by scammers

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It’s an incredibly unfortunate reality in today’s world that there are con artists and scammers who instead of trying their best to become productive members of society, seek to one-up hard-working employees through illegal get-rich-quick schemes and other blatant scams. Almost everyone knows someone who has been a victim of a scam and who has lost a considerable amount of money in the process. Steve Sorensen embezzlement.

On that note, here are some of the steps one must take after being victimized by scammers.

1. Call the nearest consumer protection office.

Professionals employed by consumer protection offices not only investigate and prosecute scammers, but they also provide helpful information regarding the current scams active in the community. Steve Sorensen embezzlement.

2. Notify other non-government agencies such as the Better Business Bureau and Fraud.org.

These non-government organizations are also mostly nonprofit. They assist citizens in any they can and protect peo…