Teaching and Developing our Children

With growing cultures in silicone valley and the spreading knowledge of the importance of education for children, educational toys are growing rapidly. From STEM centered toys to sociological educational books and more, learning is at the center of some of the most popular of today’s toys.

The best way to teach your children is to make sure they are enjoying themselves while learning. This simple task may at first sound difficult, but with all the products out there and the vast amount of things to learn you can really do almost anything. Popular video games have some knowledge in them as well so make sure that you first do you research in what the game is about but games that focus on buildings and crafting are actually quite great when it comes to children learning, especially spatial memory.

Another kind of toy you should think of getting your children are STEM toys. These toys concentrate on certain jobs in the STEM area, but much like video games, you must make sure that they are age appropriate. This, unlike videos games is only because some stem toys can actually be quite difficult. However you should add challenges to your child’s education so that they push themselves to do and be better learners.

You can also add reading to your child’s game time but this one can be a little more difficult. However the success with this is all about you. You should make reading sound and be fun and you should start reading to them when they are younger. This is a fantastic way to enrich your child’s life with the enjoyment of knowledge.

When you’re all done researching and finding the right toys for your children, treat yourself to something nice like a pair of Express jeans which can definitely make a difference in the look and feel of your pants.

How To Win At Gap Trading

What is the best way to describe day trading? It’s a living. Yes, you can make lots of money and get to a state of financial freedom, but it takes work and education. You need to familiarize yourself with the strategies and techniques of seasoned traders so you can try to replicate their returns. The key work there is “try.” I am not guaranteeing that you will get the same returns. But the opportunity is there.

That what Warrior Trading can give you. A chance to learn how to day trade and get out of the cubicle farm once and for all. For your initial lesson, head over to Warrior Trading to understand the nuances of gap trading and how trading gappers can be a critical strategy to internalize and add to your day trading tool box.

Gap Stocks

What is a gap stock? It is a stock that making an unusual morning move the day after it closes. At Warrior Trading, they hunt for gappers of more than 4% and prep to make trades on them,

Gap And Go

The gap and go strategy is pretty simple. Identify gappers above that 4% threshold, look around for the catalyst (an earnings report, some big news about the company), get ready to buy the pre-market highs once the market opens and as soon as the bell rings, buy the one minute opening range breakout and included a stop at the low part of the breakout.

Is that really simple? No, not really. But by working with Warrior Traders program, you can learn the lingo and the rhythms of day trading so trading gap stocks can become like second nature.

One of the key points is to confirm the catalyst for the gap. See what news is out there that might make analysts and market makers ID this stock as a gapper. If you can’t find the news from a credible source, stay the heck away.

Discipline is an important part of day trading. It is no different when you get into a momentum strategy like trading gappers. You need to be able to spot the right ones and stay away from the losers.

The gap and go strategy is very much like the momentum strategy, except it is centered on trading stocks between 9:30 and 10 am. Quick and easy trades right as the market opens.

There are lots of tools that can help you identify these stocks and start gapping up right away. Warrior Trading will introduce you to those tools. But only when you are ready. A tool is just a tool. The trader needs the correct preparation and education to make those tools work to a real advantage in the market. Check out Warrior Trading on Twitter and let them show you how.

What are the pricing and fees of applying for an EIN?

So you have heard about this thing called an EIN, and are ready to get started and fill out the IRS EIN application. Doing so will help you file your taxes quickly and accurately, open up a business bank account, and finish a host of other legal and professional tasks. Before you get started on that application for an EIN, however, there are a few things you should keep in mind. You will want to make sure that you can afford the application fee, for example.

EIN Application Fee

Like all things in life, an EIN is not free. You might be somewhat surprised by this, but really, don’t you end up paying for just about everything in life? The EIN is no different. When you fill out an IRS EIN application, you will need to pay $175. This application fee is the same for all EIN and tax ID requirements. For that price, you are receiving a simplified and more fool proof system as well as an expedited delivery of your EIN – often on the same business day!

Apply for your EIN Today

Are you ready to fill out your IRS EIN application online? Visit GovDocFiling.com today and see how they can help. Their simplified application system has made the process of filling out an application for an EIN form a snap. Take a look at their website today!

5 Ways to Save Money at the Grocery Store

To most grocery shopping in a chore, and stores are even now adding curbside pickup so you do not have to even deal with the store.  For the remainder of the population that does their own shopping, there are a few ways to save money at the grocery store.

Do Not Go on an Empty Stomach

The grocery store can be an overwhelming place with all of the items that look good to purchase, even more so if you go in hungry.  Do yourself and your wallet a favor and eat before you go in, and that will eliminate a good start of unnecessary purchases that you probably would have made otherwise.

Use a Store Rewards Card

It would be silly to not use a Kroger Plus card when it comes to shopping, as it seems that most items in the store are cheaper.  Put your phone number associated with your card in each time and see the savings start to add up.  Not to mention the fuel rewards points continue to rise, giving you savings off gallons at the pump. The same can be said for credit cards that offer generous cash back rewards on grocery purchases. Some like AMEX offer up to 6% back on your purchases, up to a maximum of $6,000 annually that is. But make no mistake, those with poor credit aren’t candidates for cards with these types of benefits. Check into companies like Lexington Law here, aaacreditguide.com/lexington-law/, they can be quite helpful when trying to repair ones credit score.

Shop Mid-Week

If you go into your grocery store on Tuesday-Thursday you will notice more items on sale and even more rewards if you put in your store card info, such as 10 for $10 or buying 5 items to get additional savings.  In addition to saving more money, it is nice having the store to yourself, as most people shop on the weekends.  Try going on a Tuesday evening around 9:00pm and you will be able to complete your entire shopping and be in and out quickly.

Stick to the Perimeter of the Store

If you shop along walls of the store you will find your fresh foods such as meats, fruits, vegetables, and dairy.  The center aisles are where the processed and junk food sit, more appealing to the eye and stomach, and are typically unnecessary purchases that only hurt the wallet, and your waistline.

Stay Away from the End Caps

As you make your way around the store you will see an end cap facing you as you pass every aisle, but keep pushing the cart and stick to your plan.  Stores like to set up this display to make it look like the items are selling or on sale, but chances are that they are not doing either.  If you really want to purchase the product, go find the original spot of the item and really see if it is on sale.

Tips for Managing Personal Debt and Avoiding Bankruptcy

In our modern lives, debt is inevitable. We need to take out loans to get an education, buy a car, which is essential for work, and buy a house to start a family. None of these important life events are possible without loans. While loans have their advantages, they can also become too much. Most people pile up personal and credit card loans in their lives, and they end up neck deep in debt. To ensure that you don’t sink further into debt and face personal bankruptcy, follow the tips below.

Make a Monthly Budget

The first step in debt management is to make a monthly budget and literally become a cheapskate when it comes to spending money. Monitor your income and expenses. Categorize expenses into fields like mortgage, groceries, travel and so on. When you make a monthly budget, you can let go of speculation and come to a realistic understanding of how much you need to pay back loans each month.

Cut Down All Unnecessary Expenses

Once you have made your monthly budget, you will be able to understand which needs cost you the most money. Also, you will be able to spot where you may be wasting money. For example, you could be spending hundreds of dollars eating out each month. This is not an expense you want when you are deep in debt. Look for such unnecessary expenses and eliminate all of them. Use the money towards paying down debt.

Learn to Control Compulsive Spending

Compulsive spending can eat away your budget unlike anything else. Compulsive spending is also a prime reason why many people sink into debt. Therefore, it’s never late to control compulsive spending. You can try doing things like your grocery shopping with a list. That will prevent you from compulsively buying things advertised near the cashier. You can also try doing things like deleting your credit card information from online shopping sites. Then when you have to make a purchase you will have to reenter the information, which should act as a barrier to prevent those impulsive, one-click buys.

Pay Off High-Interest Loans First

If you have multiple loans to repay, it’s time to prioritize which to pay off first. Those small, high-interest yielding loans should be paid off as soon as possible. The longer they mature, and the more payments you miss, the amount you owe will exponentially multiply.

Get Expert Help to Settle Debts

If you are on the brink of bankruptcy, instead of running away from creditors, try to negotiate with them. The creditors get nothing if you go bankrupt. Some creditors may write off really small loans, and some will at least be willing to write off a portion of the debt, or even reduce the interest rate.

If you have multiple debts, you may also want to consider debt consolidation. You will be able to combine several loans into one big loan and pay a single interest rate. Importantly, don’t be discouraged. It’s not impossible to pay down your debt and avoid bankruptcy if you follow the above suggestions.

What Would The World Look Like Without Online Trading?

In a world where everything has been consolidated into a global village, it has become difficult to survive in international trade deals without the knowledge of online trading. Technology is driving the world fast. Each day a new innovation is launched into digital space, a trend that keeps the demand for online knowledge vibrant.

Without online trade, we would have very limited access to foreign markets which would in turn deprive us of our freedom of choice of products or services that we want.

Traditional trade by use of paper money only applies to local markets especially in third world countries where the cost of internet is high as well as the knowledge about online trade. Business people in such countries are wary of online security threats and are afraid to trade on a platform they have little trust with.

Another factor that keeps online transactions low in developing countries is the levels of income. With most of the populations living below the poverty line, you don’t expect them to own a smartphone, a PC, a tablet or a laptop for transacting online and accessing a wider market that guarantees quality products and services.

Without online trading, this would be the scenario:

  1. Few opportunities
  2. A small market
  3. Reduced quality and quantity
  4. Much paper work
  5. Weak on no economic blocs
  6. Lower global per capita income
  7. Time wastage
  8. Low trade volumes

Few opportunities

There would be less options of generating income. This is because the traditional ways of amassing wealth would be congested leaving only a few one up for competition. Joblessness would be a cliché in world economy. Chances of getting something to do for a pay would be too low. Nowadays people offers so many service on the internet for a fee. They sell goods for a profit. All that would be a dream.

Small market

Small markets translate to high demand and low supply making prices of goods and services skyrocket unnecessarily. This would economically hurt many people who are used to alternative buying on online platforms, especially e-commerce.

Reduced quality and quantity

Quality only comes with competition. Most firms would be monopolies without online business which offers serious completion of the price and quality of products and services. Variety would be so low and unable to meet the demand for new products. Buying in bulk would not exist because rationing is brought about by scarcity of goods.

Much paperwork

Most transactions would be done on paper, a process that is boring and tedious. Nowadays we have digital stamps and signatures that save us the effort of printing this and that for a transaction to be accomplished.

Weak or no economic blocs

Economic blocs thrive on the policy of free trade and movement. The cost of moving to another country to make purchases is usually high, since it is mostly through air transport. Online trading strengthens these blocs because one can buy goods at the comfort of her office saving transport costs. Without it, one would incur expenses on top of the price of the products he is buying from another country. Economic blocs would thus be weak posing for low economic power.

Lower global per capital income

The world would be poorer for sure. So many transactions are done over the internet daily. If they never existed, more people would live below the global poverty line. Live would be a bit more difficult due to reduced cash flow in world economy due to unemployment. Global online business like spread betting, forex and a Contract for difference (CFDs).

As a result, dependency levels would rise, leaving less money for better lives. The only available money would be that of satisfying basic human wants.

Time wastage

Loss of time means loss of business. Without online trade, bureaucracies would thrive. A business registration that takes one day through the internet would take several weeks. This is due to the presence of middle men who delay the process and ask you for a fee if you want it faster. Going out to shop wastes so much time compared to buying products online.

Low trade volumes

Because the online market would not exist, dealers and business people would record a significant drop in sales turnovers. This leads to reduced profits sometimes leading to closure of business. Online trading makes trade flexible.

This means life on planet Earth would be hard to bear resulting to higher levels of crime incidences and prevalence. There would be no security along streets in cities and even in remote areas as many people would look for shortcuts to make life bearable.

Stop Wasting Money at CVS Right Now

There is a CVS drugstore a block away from my house, so it is convenient when you need an item or two stopping on the way home from work, but I consistently see people doing their shopping there, as if they have great deals, or they are completely unaware of how much money they are wasting.  Not only is it a rip-off, but if you have ever tried standing in line it always seems to take forever to get through.  I am not sure if it is their slow system causing delays, or if since it is typically a place where senior citizens frequent, or the fact that there always seems to be one cashier working for the lineup of people, I always seem to lose my patience waiting in line.  My wife just stopped at CVS to pick up cold medicine and ended up spending $50 on medicine and cards, so this fueled the fire a little more.

The pharmacy is the main feature of the store, so if you are getting prescriptions filled, I have had better luck on prices at other stores such as Kroger, Target, or even direct at the hospital’s pharmacy.  My biggest gripe is the cost of items in the rest of the store.  All of their food is ridiculously overpriced.  Not that I would expect to go grocery shopping there, but they do have a large amount of items, so if you are in the store and need items you could be tempted, but it is not worth it.  Any personal care item is high, such as shampoos, deodorants, and paper towels.  If you are looking to pick up medicine, you can expect to pay inflated prices, as items are rarely on sale, unless you have a CVS rewards card, which still does not make much of a difference.

With stores such as Target and Kroger as prominent in the area as they are it is amazing that stores such as CVS and Walgreens are still in business.  I am not promoting pushing the “little guy” out, which is why I do not even mention Walmart.  You can find all items you need at Target and Kroger, it has its own pharmacy, and I promise you will come out of there spending far less money than you would if you purchased the same items at CVS.

Saving money, even a little each time you shop, will incrementally add up over the years.

Why Should I Refinance My Student Loans?

If you are looking for ways to better afford your student loan payments, you may come across the option to refinance. Before you actually jump in with both feet, make sure that you have considered all options. Below, we will go over some of the reasons why you may want to refinance your student loans.

What Is Refinancing?

Refinancing is a process where a private banking institution or lender will take your loan and provide you with a new interest rate. The idea behind refinancing is to help make your payments more affordable and allow you to better manage your payments.

Benefits of Refinancing

When it comes down to it, you do not want to refinance your student loans if it is not going to benefit you in any way. It is important to understand just what it does offer, so that you can decide if it is something you want to proceed with.

Benefit 1: Lower Interest Rate

When you refinance your student loans, you will receive a lower interest rate than the one you are paying. Many students who have a variable interest rate will choose to refinance, so that they can receive a fixed rate.

Unlike Federal Direct Consolidation, which just takes a weighted average of your loans, refinancing gives you a completely new, unrelated interest rate that is usually much lower and can save tons of money.

Benefit 2: Shorter Repayment Terms

Though you may have a higher monthly payment, you can refinance to shorten the length of your loan. Instead of being on a 10-year repayment plan, you could switch to a 5-year plan, for example, to pay your loans off faster. If you have the finances to do it and it makes sense, it is a great option.

Benefit 3: Lower Your Monthly Payment

Though it won’t usually save you money, you can lengthen the loan by an additional year or two, which means that your payment will be lower from month to month. When you lengthen your repayment term, however, more interest will accrue over time and you will end up spending more over the life of the loan.

Benefit 4: Improves Your Credit

When you do refinance your student loans, you can build up your credit score by making monthly payments on time. It is important to make sure that you are always making the minimum payment to maintain and uphold your score anyways.

Other Things to Keep in Mind

When it comes time to refinance your loan, there are some things that you need to keep in mind. First, you need to have a good credit score and a decent amount of income to be able to refinance with a private lender. If you do not, you will likely not qualify for this option or you may need a cosigner to sign for you, which would require them to meet the qualifications.

Another thing to take into account is that there is not much protection for you in the event that you do lose your job or run into a financial snag. Your payments will still be due and there is no hold button to place them on the backburner while you catch up.

Another thing to consider is whether or not you are eligible for a loan forgiveness program. If you are, then you may find that when you refinance, you lose the qualification under the forgiveness program. If you are absolutely sure that you may qualify for a forgiveness program, it may be worth it to wait it out and continue paying your federal student loan payments.  The reason behind this is because you usually need to make 120 payments before forgiveness kicks in and if you refinance, it will start those payments over.

Final Thoughts

Be sure that you are checking all of your options and making sure that you qualify to do so before refinancing your student loans. If you find that you do not, there are other options to keep you from defaulting on your loans.

Lastly, if you do plan to apply for refinancing, you need to make sure that you continue to make your student loan payments until you receive the letter that your refinancing has kicked in, otherwise, you may end up defaulting on your loan.

Ways To Dwindle Down Your Debt

Debt is something that plagues many people and it is quite difficult to get out of debt. There are some tricks that help you reduce your debt that you can use though. Not all people are aware of these tricks so they just fall deeper and deeper into debt. Some tweaks in your lifestyle might not be the most comfortable but being is debt is much worse. The following are some ways you can save money and pay off your debt more efficiently.

When you have to spend money make sure you check out sites like Groupon that have stores like Office Depot if you are shopping for school supplies. Always checking these sites is important as there are new deals every single day. If you are in debt and absolutely need to buy something make sure you can get the item at the lowest cost possible. Stores often advertise sales on their mailing lists as well so signing up for these might be beneficial.

Getting rid of your cable might seem awful but having internet gives you the ability to use Netflix and other streaming providers. Cable TV is extremely important and most homes are hooked up for basic cable anyway. There are plenty of cable or satellite providers who ramp up the costs during the later years of a contract. Check out other items like your monthly ADT payment as well.

Going out to eat is a huge expense and should be avoided at all costs by those in debt. Many times a person could cook a week’s worth of food for the same cost that it took to go out to dinner just once. When you do go out for dinner you should drinking alcohol if possible as this is marked up immensely. Each meal that you eat in instead of out knocks just a little bit more off of your debt.

Talking to the people you owe money to whether it be a credit card company or otherwise can actually help. They could be willing to modify payments or renegotiate deals in order to help you out of debt.

Whatever you do to get out of debt do not pay off debt with another credit card. This is a vicious cycle that could leave you in debt for life. Save a few extra dollars a day and get out of debt faster.

You Need to Automate Your Savings

Behavioral finance scholars Shlomo Benartzi of UCLA and Richard Thaler of the University of Chicago have done some fascinating research in the area of 401(k)s. Several years ago they noticed that a growing number of companies, concerned that too few workers were taking advantage of company- sponsored retirement plans, were experimenting with “automatic enrollment” 401(k)s. In a regular 401(k), it’s up to workers to decide whether they want to participate in the savings plan. Employees who want to join are required to fill out enrollment papers. They have to decide how much they want to contribute to their 401(k)s and how they want to invest the money. In other words, it’s up to the worker to opt in to the system.

In automatic-enrollment 401(k)s it’s just the opposite. A new employee is automatically swept into the plan upon joining the firm. The only people who have to do anything are those who want to opt out of participating. “These plans are remarkably successful in increasing enrollment,” Benartzi and Thaler say. Indeed, when companies switch to automatic enrollment plans, the participation rate in those 401(k)s can jump from below 50 percent to more than 80 percent. In some cases, 9 out of 10 workers end up participating.

The lesson: automate your savings regimen wherever you can. Save small amounts of money each week or month like you do in a 401(k). And make inertia work for you. This is simple to do. Most brokerages and mutual fund companies allow customers to set up automatic investment programs. Money can be automatically deducted from your checking account into a money market, bond, or stock fund each month. At places like T. Rowe Price and Fidelity you can set up a savings program for as little as $50 or $100 a month. The appeal of these plans is that, once set in motion, they allow individuals to set aside a small amount each month without having to make a conscious decision to save. If you want to quit, you have to fill out the paperwork. This way, inertia is working for you.

Today, only a minority of savers and investors take advantage of such plans. Yet the majority recognizes that automatic plans are useful tools toward building up savings. In a recent survey, 68 percent of Americans said that saving automatically each month would be somewhat or very useful in building their own savings accounts. In general, 79 percent think that setting aside a fixed amount of money each month would be useful in overcoming the inertia that hinders so many savers. Benartzi and Thaler cite one problem with automatic 401(k)s: “The very inertia that helps increase participation rates also can lower the savings rates of those who do participate.” They note that many investors in automatic 401(k)s never increase their payroll deductions into the plans. In such plans, companies often establish a default rate of contribution, typically 3 percent of a worker’s salary. Benartzi and Thaler found that workers tend to stick with those default rates, even if they eventually can afford to contribute more.