Archive for Financial Independence

Turn To A Professional Website For Smarter Stock Trades


All the decisions that we make in life are always based on the experiences that we have had or the experiences of people that we trust. If you look at any turn that you might have taken in your life, you will see that the positive ones have always been based on some kind of experience or influence.

When talking about one?s financial decisions, the experiences that one has largely shape up the manner in which they deal with their money. Most people who want to invest their money only look to invest in things that they have had positive experiences with. If they don?t have these experiences to begin with, they tend to look at people who have had a large amount of success with regard to these forms of investment.


With the internet and the abundance of resources available, investing wisely is always possible. Simply saving your money is not the way to go with the numerous ways in which one can invest and multiply the amounts that they have. While being frugal is always a good way to proceed, investing in the right places can help you be more secure with regards to your future.

The stock market, in particular, is one of the best places to turn to if you want to invest in the best manner. Financialists across the world invest in the stock market and, generally, are wise about the kind of investments that they make. While these individuals often have years of experience to tune these decisions, others who simply want to invest wisely are left in the dark. Fortunately, there are a number of sites that can help individuals who want to track volatile stocks and the right mediums for investment in the stock market.

There are a number of reasons why people tend to turn to professional websites when conducting their stock market trades. If you are on the fence about whether or not a professional website can actually help you out, here are some of the reasons why people across the world turn to these to help them secure their financial future:

1. Better Analysis

One of the biggest reasons why people tend to turn to professional sites to be able to understand the market better is because of the analysis that is often provided. For most amateurs, looking at a trading screen can seem daunting, especially when bundled in with columns and rows of numbers that often don?t make much sense. Professional websites often have well-designed tables that help individuals understand the intricacies of the stock that they are watching and provides them with a brief analysis of the manner in which the stock is performing. This can help customers who are on the fence on whether or not a  stock is good for them to buy or sell.

2. Market Predictions

A large part of trading in the stock market is being able to make apt market predictions with regards to the stocks that a person is planning to buy or sell. Market analysts are usually able to determine how well a stock is likely to do over a period of time. This information can prove to be incredibly useful for those who are looking for stocks to buy or sell. Websites often use complex algorithms to determine the outcome of a particular stock, and while these are only predictions, they can help individuals understand what they are likely to get if they choose to conduct a transaction.

3. Easier Tracking

The tracking feature is mainly for those who are slightly more familiar with the stock market and are looking to benefit from the investments that they have made. Often, there are particular stocks that a person has invested in, or are looking to invest in. Websites often have a feature that lets individuals track one particular stock or a few selected stocks that they might have invested in. This means that an individual can often look at the stocks in their portfolio to discern how well they are doing and the course of action that they should take with regards to them.

4. Helping You Get Higher Returns

Depending on websites to conduct your stock market trades can be incredibly beneficial because of the potential returns that it can yield. This is one of the big reasons why people choose to follow professional stock analysis websites.

Financial Tips for Stay at Home Parents

Stay on Top of Your Finances

If you?re a new parent, or soon to be one, you?re probably wondering about when to return to the workforce. For a lot of parents, going back to work is out of the question. You?d much rather spend time bonding with your little one than sitting at a desk all day ? even if it’s just for the first couple of years. For some parents, the cost of childcare is also out of the picture, and the more financially viable option is to stay at home until the child is old enough for school.

Stay on Top of Your Finances

Without earning a regular wage, however, stay at home parents can quickly feel a strain on their bank account. To help you out, take a look at this article containing tips on the things you should do to protect your current and future financial status.

Have a plan

If you?re yet to have your new baby, but you know for sure that you won?t be returning to work after their arrival, create a plan. If you have a partner who works, devise a strategy that will prepare you for the financial changes yet to come. For instance, if your husband is going to return to work while you stay at home, or vice versa, try living on just one of your incomes for a month or so before the baby is born.

Doing this will help you get accustomed to living on less money, and be able to see if it?s do-able. If you find that you both struggle to live on this amount, it gives you the chance to create a plan on how much money you?ll need to budget and identify ways to boost your income.

Your financial plan may span even further than this, and you could be thinking way into the future. You could end up never returning to work and find you want to be a stay at home parent full-time, which means that you need to get serious about creating a retirement fund. One of the best ways to strengthen your financial future is investing, particularly with buy to let property. Owning a buy to let property will allow you to boost your monthly income along with the ability to generate an attractive amount of money later in life through capital appreciation. If you?re considering making a property investment, take a look at the ultimate property investment guide from RW Invest, containing tips on every element of a beginners investment journey.

Create budgets

When you have less money going into your account each month, budgeting becomes a necessity. Get serious about creating strict and detailed budgets, breaking your expenses up into different categories. If you?re not familiar with the 50/30/20 method of budgeting, you should definitely look into this. This method splits your outgoings into different categories ? needs, wants, and savings.

Fifty per cent of your income should go on needs, which will mean housing costs, insurance, utilities, food, car costs, and baby essentials like nappies. Thirty per cent can then go on wants, like the occasional treat and non-essential item, and then twenty per cent will go towards your savings. Work out whether it?s going to be realistic for you to use this method. If not, you can always adjust it according to your available income, and seek out any ways to cut costs, such as shopping at a more affordable supermarket or sacrificing any subscriptions you have like Spotify or Netflix.

Consider working from home

If you?re really struggling to make ends meet, then picking up a remote job is a good idea. With this, you?ll be able to stay at home with your child while still making money, and you might be surprised at the amount you could make. Many stay at home parents choose to take on freelance positions to help pay the bills, and some find success through starting their own blog. Parenting bloggers can make an attractive salary through monetizing their blog with things like sponsored posts, banner ads, and affiliate linking.

If this isn?t your cup of tea, there are lots of other ways you can earn money from home such as with online tutoring, freelance accounting, and marking exams or academic papers. Depending on your skillset, you?re bound to find a suitable option for you.

Top 5 Books to Read for Becoming an Options Trader


Options are a type of asset class, which is different from other asset classes such as the stocks, bonds, mutual funds, etc. It is a contract between two parties – the seller and the buyer. Through this contract, the seller gives the buyer the right to buy or sell the underlying assets, based on the type of the contract. The underlying assets can be equity shares, stock indexes, Exchange traded funds (ETFs), etc. The price of the underlying asset is predetermined within a fixed period. The price depends upon the value of the underlying assets.


Option traders are those individuals, who are involved in the buying and selling of options in the capital market. There are a large number of books written by different authors on option trading. If you want to become an option trader then this books can help you immensely. The top 5 books one should read to become an option trader are listed below.

Top 5 books on option trading:

  • Get Rich With Options: Four Winning Strategies Straight From the Exchange Floor – This book is written by Lee Lowell. This book deals with the various strategies and concepts that one should know and execute to get success in the option trading market. It deals with four option trading strategies in detail. They are buying deep-in-the-money call options, selling naked put options, selling option credit spreads, and selling of covered calls.
  • Option as a Strategic Investment – This is one of the most popular books on option trading. The author of this book is Lawrence McMillan. This book will give you an idea about the latest market-tested tools that can be used by traders to increase their earnings and to decrease the risks involved. This book also deals with the various option trading strategies, their concepts and applications.
  • The Bible of Option Strategies – This book is written by Guy Cohen. The book deals with the various advantages of option trading. This can be an ideal book for the beginners as it is written in an easy and crisp language. Guy Cohen has written all the complicated options trading strategies in a very easy and understandable language. Some of the important components of this book trade with leverage, trade for substantial amount of income, reduction or elimination of risks, etc.
  • The Option Trader?s Hedge Fund – The author of this book is Mark Sebastian. This book covers all the basics as well as the advanced strategies of option trading. This book deals with how to earn a steady and reliable income by option trading. Mark Sebastian describes the various strategies excellently by giving examples from the real world. This makes it easy to understand and apply these strategies in the market.
  • Option Volatility and Pricing – Sheldon Natenburg has written this book. It is an ideal book for professional traders. This book deals with various advanced trading strategies and risk management techniques. The author also describes the working of theoretical pricing model. The various topics covered in this book are dynamic hedging, risk analysis, volatility contracts, etc.

How to Get out of Debt in five easy Steps

Pay off Debt
Pay off Debt

In the world of economic crisis, it?s very hard to ensure your financial stability. Even after having the best education from the top tier university, there is no guarantee you will get the perfect job with a decent salary. Majority of the people tends to borrow money from other people to find an instant solution to their economic crisis. But eventually to get into the trouble of heavy financial debt. This is where things begin to get worse. Unless you know the proper way to repay your loans, chances are very high you will never become financially stable. In today?s article, we will explore five easy steps which will help you to overcome such problems.

List all your debts

People don?t really understand the importance of proper planning when it comes to debts repayment. Firstly, you need to list all your debts. Based on the interest rate and owed amount you need to prioritize the payment. Try to clear out the small debts at the initial stage so that you can focus on the bigger amounts. However, if you can manage to clear out the big debts, it will be an added advantage for you. Once you start to repay the loans based on the priority order, things will become easier for you.

Cut down the unnecessary cost

Human beings love to lead their life with luxury. If you start to track your spending, you will be surprised to see the amount of money you spend every month on unnecessary things. When you are in heavy debt, you need to cut down the unnecessary expenditure to repay your loans. Even a small increment to your monthly savings holds the power to lower down your debt burden. If necessary, compromise your living standard to save some extra cash.

Create an alternative source of income

Why do people fall into debt trouble? The answer is really simple. Majority of us tends to rely on a single source of income. It?s very hard to finance multiple sectors in your life based on a single revenue source. Try to find an alternative source of income, if necessary get involved in the CFD trading profession. If necessary start working overtime so that you can use the extra money to clear your debts. Things will not be easy at the initial stage but if you start working hard in an organized way, it won?t take much time to clear your debts.

Focus on One debt

It?s very normal to have multiple debts in your life.Most people try to repay all the debts on a small installment. But this process requires a huge time and eventually, you have to pay more interest. The smart people always focus on one debt and repay other debts on small installment. But following this simple process, they end up by paying less interest since debts are cleared out in an orderly manner. Make sure you have the debt list in your hand so that you know which debt is causing you to pay more interest. Those who manage to follow debt repayment plan strictly are most likely to get out of debt without paying heavy interest.

Avoid taking loans to repay debts

Taking loans to repay debts is one of the major cause for which people fails to get out of the debt cycle. You are just circling the money and prolonging your problems. Try to avoid getting into new debts at any cost. If the necessary file for an extension and find other means to increase your monthly earnings. Never plan your debt repayment process based on themoney which you don?t have in your pocket.

Once you are free from debts, make sure you start building up your savings account. No one knows about the future. It?s always better to have some financial backup to support your loved ones in times of need.

How Freelancers Can Take Advantage Of The Gig Economy By Thinking out of the Box


There is an increasing number of people turning to gig work as an addition to their regular 9 to 5; people who just want?to change their career or provide some?work/life balance to their lives. Where can you find such gigs though? Thinking out of the box helps a lot.

Designers, software programmers, writers and online marketers can all benefit from the array of jobs that growing industries have to offer, especially those that are online-focused, such as the online gaming?industry has to offer.?The gig economy has become a normal source of income for many freelancers. Positions can be short term?or temporary, but many can also be extended and continued indefinitely, providing regular work for months?or even years.

Benefits, budgeting and taxes

Working a gig allows you to work on many projects at the same time. It doesn?t tie you down and can often offer you a more flexible work schedule. The gig economy can open up opportunities?you hadn?t even considered, as an article from explains. For instance, as a developer, you might be tasked with writing or testing a piece of code on a client?s website, which might lead to more work including user experience or developing new features.


Source – Pexels

It’s always important to maintain a sensible budget so you understand what kind of income you need just to get by and to keep an eye on your goals. Be realistic about the amount of money you?ll need every month because you’ll?be responsible for deducting your own taxes. An accountant will suggest you set aside at least 30% of your income for your taxes as well as health insurance and pension contributions.

Freelance work available from online gaming

Online gaming companies are always looking for software developers and designers to improve their programs and website functionality.? Sometimes, such positions are full time, but it isn’t?just the bigger companies that require these skills. Quite often, smaller gaming websites also need to maintain a fresh approach?with a site providing?more advanced frameworks and more attractive user experiences. In those cases, it’s not unusual for them to offer hourly pay for part-time or contract work.

Jobs can include building a casino website complete with admin panel to managing the day to day technical performance of a?website. There are also design jobs?like logo creation or graphics and illustration roles as well as the more usual game designing and software development tasks. These are games such as jackpot slots, card games and roulette, as you can see in the information available?from, a casino review and comparison website.?Just think of the sheer amount of games that online casinos need to develop annually to keep their offering as new and glossy as possible.

Working the gig economy can help you get experience from these smaller freelance jobs which might mean one day supporting the big online gaming developers like NetEnt, Evolution or Microgaming who literally pour millions of dollars into their products. There are plenty of job boards you can look at to find a paying gig or freelance work. Upwork, Freelancer and Bark are just a few of the sites where regular freelance jobs are posted for freelancers to apply to.

Micro gaming

>Source – Pexels

The gig economy can cover almost every industry, while it won?t get you a job directing shuttles at NASA, it will cover nearly all traditional trades?as well as creative industries. The downside to working a gig means job security isn?t great, but it does help you to build up multiple clients and as you complete more gigs and freelance assignments, using the skills you love, you’ll build up a client database that can help keep you in as much or as little work as you want.