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What is a False Economy?

One of the responsibilities of running a business is taking good decisions – not just when facing a crisis, but ensuring, as you make your plans that they are based in a pragmatic understanding of reality. Falling victim to fallacies in your thinking, from unfounded optimism to rampant egotism can lead to terrible results, not just for you, but for the people working for you. Today we’re looking at one of the fallacies of decision making that can do real harm to your business – the false economy. Saving Money It is, of course, important, to run your business efficiently and…

Why Dubai Hills Estate has quickly become every investor’s favorite

The recent boom of Dubai’s real estate industry has attracted thousands of investors from across the world. More and more investors are getting attracted to Dubai’s real estate market due to the wide variety of investment options and the high return on investment it offers. Those that bought properties a few years ago, are now reaping huge profits. Wondering how to buy an off plan property in Dubai? There are various ways to buy a property in the city. One of the most prominent ones is the off plan investment. Even though the concept was blamed for the 2008 market…

Hyperloop and its Impact on Dubai Real Estate

In the recent past, the Hyperloop transportation concept has been receiving a lot of attention and discussion across the world. The term was coined by Elon Musk, founder of Tesla and SpaceX in 2012. This comes at a time when developed countries are looking forward to establishing advanced transportation systems. The Dubai- Abu Dhabi Hyperloop, which is expected to start functioning by 2021, will be the first in the world. At a speed of 1200kms/hr, it will take only twelve minutes from Dubai to Abu Dhabi. This will help to cut the travel time that usually takes around 2hrs significantly.…

3 Stupid Ways that Smart Parents Waste Money on their Kids

We all know that smart people can do stupid things. Politicians come to mind. So do celebrities. And then there are all of those unfortunate Darwin Award recipients, many of whom had college degrees, high-profile jobs, and managed to use the word “antidisestablishmentarianism” in conversation a few times a year. And then, of course, there are smart parents who, unfortunately, have a propensity to do something pretty unintelligent (read: stupid) things when it comes to spending money on their kids. Here are some of the most common examples: Buying a ridiculous amount of birthday and Christmas gifts. The big problem…

How Are Credit Scores Calculated?

Whether you were born in the U.S. or you move here, understanding how credit reports and credit scores work is an important part of your financial life. Your credit score plays an essential role in pretty much everything related to your personal finances. Knowing what goes into your credit score and how it’s calculated can help empower you to make the decisions that will allow you to have a good score, and then you’ll have more financial opportunities as a result. “Even if you’re just looking for a new job or apartment, having a thin credit profile—meaning you don’t have…

Back-To-School Spending By The Numbers

If you’re like most parents in the States, you’re getting ready to celebrate. Why? Because the school year is just around the corner, which means your kids will be out of the house and back in the classroom once again. Don’t pop the champagne just yet. Gone are the days when you could send your kids to class with just a lunch and a backpack. As Trump’s budget cuts affect school boards across the States, parents are expected to supply more essential school materials than ever before. When the list includes graphing calculators, sport participation fees, and musical instrument rentals, the…

How to Make Money as a Truck Driver

Truck driving is an outstanding career choice that offers individuals a lot. Not only does the average truck driver now make around $43,000 per year, they also enjoy excellent benefits like health insurance and retirement plans. Besides that, there are lifestyle benefits that truckers appreciate, including being out on the open road instead of stuck inside an office and not having to work with a lot of other people. Not only is truck driving a great career, it offers room within itself to make you more money. The more you work, learn, and grow, the more financial opportunities you’ll have.…

How to Save on Your Wedding Band or DJ

When it comes to wedding planning, anywhere you can save helps out. There are certain areas you probably shouldn’t skimp on (like the catering), but then there are other areas where you can be creative and save a couple hundred dollars or so—such as the reception entertainment! Yes, the music at the reception is very important. Most couples want everyone to dance and have a good time, and that means making sure that popular and/or traditional songs are played. But before you shell out $1,000 or more for a band or DJ, take a look at these tips we snagged…

10 Ways You Can Start Saving for the Nest Egg You’ve Always Wanted

Retirement brings along some uncertainties that make you uneasy just thinking about, yet is an inevitable phase of life every employee and business person will eventually reach. This is why lots of workers try to save in anticipation of the unknown that comes after retirement. If you want to guarantee your future after retirement, the smart thing to do is to keep an untouched nest egg that will fund your expenses when your usual income stream permanently halts. Here are ten ways to save for the nest egg that will help secure your future after retirement: Maximize Your Pension Plan…

The 4 Most Important Differences Between Silver And Gold

The time is right for precious metals investors. Stock markets are nervous, government debt is accumulating at faster rates, and many investors are gearing up for a shift and buying silver and gold. If you’re relatively new to the world of precious metals, you may wonder what the difference is between silver and gold. While they behave similarly, there are some important differences you should know before you start investing in them. #1 Storing Silver vs. Gold Because gold is so much more valuable, it’s considerably easier to store. For example, $50,000 worth of gold would weigh approximately 2.5 pounds,…