fabiochiu/medium-articles huggingface dataset:
The 5 Best App for iPhone / iPad 2020
By: Antonio Prigiobbo
Tags: Covid 19, Best App, iPhone, iPad, App Store

iPhone App of the Year 2020

Also the The App Economy was influenced by #Covid19

Wakeout Active Break 1st App of the Year 2020

Wakeouts are movements that make you feel amazing. They’re fun, brief, and can be done just about anywhere, anytime. That’s why thousands of people stay active with Wakeout every day.

Genshin Impact- 2nd App of the Year 2020

Step into Teyvat, a vast world teeming with life and flowing with elemental energy.

Zoom CLoud Meeting — 3rd App of the Year 2020

Zoom is #1 in customer satisfaction and the best unified communication experience on mobile.

Legends of Runeterra — 4th App of the Year 2020

Set in the world of League of Legends, Legends of Runeterra is the strategy card game where skill, creativity, and…apps.apple.com

Endel: Focus, Sleep, Relax — 5th App of the Year 2020

Endel creates personalized soundscapes to give your mind and body what it needs to achieve total immersion in any task.
Let’s explore Hidden features of Apple Airpods Max
Tags: Apple Watch, Airpodsmax, iPhone, Techihead, Apple

airpods max

iphone

apple

Let’s explore Hidden features of Apple Airpods Max

Hurray!! Apple has recently launched its AirPods Max entirely. In India, valued at Rs. 59,900. These unconventional wireless headphones that convey the magic of AirPods to an over-ear design with high-fidelity sound.

Read more
How to change app icons on Android & iOS14 iPhone
Tags: iPhone, Smartphones, App Icon, iOS, Android

How to change app icons on Android & iOS14 iPhone How2forU ·Dec 11, 2020

How to change app icons on your smartphone — We show you how!

Changing the app icons on your smartphone is a great way to give your phone a little personality boost. And the best part: it’s easy. We show you which options you have and provide step-by-step instructions.

Visit our Blogpost about how to change app icons on your smartphone to learn more.

Originally published at https://how2foru.com on December 11, 2020.
[iOS App Practice]#3 Slider practice
By: Serena Cheng
Tags: Swift, iPhone, Xcode, iOS, Apps

Learn more. Medium is an open platform where 170 million readers come to find insightful and dynamic thinking. Here, expert and undiscovered voices alike dive into the heart of any topic and bring new ideas to the surface. Learn more

Make Medium yours. Follow the writers, publications, and topics that matter to you, and you’ll see them on your homepage and in your inbox. Explore
iPhone 12 Pro Max Gold Solid Gold
Tags: Iphone12, iPhone, Gold Iphone 12, Iphone 12 Pro Max, Ipone 12 Gold

Caviar offers iPhone 12 Pro Max up to $ 9,000

https://unitedtechnologie.blogspot.com/2020/12/caviar-offers-iphone-12-pro-max-up-to.html

Compared to Caviar’s previous luxury editions, these prices are almost moderate.

You can now purchase an iPhone 12 Pro “Gold Solid Gold” made of 18 carat gold for $ 122,000. Read Full Article >>
[iOS App Practice]#1 Shopping cart
By: Serena Cheng
Tags: Swift, iPhone, Xcode, iOS, Apps

Dinotaeng is a Korean illustrator, I used her product image because the quokka (which she draws) is so cute. Those products actually exist, if you like them you can refer to the URL down below.
Photo day 4
Tags: iPhone, Snkr, Photo A Day, Memories

Photo day 4

It’s unbelievable what my shoe game is nowadays. I’m no collector. I don’t have thousands upon thousands dollars worth of shoes, maybe a couple thousand….. I’ve come a looooong way from that kid that had 2 pairs a year, 1 for back to school and another around the winter time.

Buying shoes wasn’t always important to me. I didn’t grow up caring much about what I looked like. Like me the kids. in the neighborhood didn’t have a whole lot. I didn’t really know the difference between Nikes and Jordans. The concept of basketball shoes being fashionable, everyday wear, was beyond me.

The summer was always my favorite season, my birthday, no school, and family trips. As the summer comes to an end, here comes back to school shopping. Some new clothes and of course new shoes. We lived most of my life in the Silicon Valley. The south bay area is a 45 min/hour drive to the Gilroy Shopping Outlets. The biggest store was the Nike outlet, here is where I got to pick my shoes. At least when I was 12 and up, before I wore shoes my parents picked out.

I usually got air forces, I’m sure I got other styles but I can’t remember. Thats how much it didnt concern me. As I got older, I started to care, but I wasn’t all the way in. I’d buy some cool looking black shoes and some cool looking white shoes, nothing to fancy.

In 2017, I purchased on the SNKR app for the first time, a new release pair of Jordans. They were the all red 11’s and I loved them. I loved being a part of an exclusive group, the group of people who woke up at 6:50am to buy a pair of shoes that would drop at 7am and be sold out in my size by 7:01 am. Fast forward to Christmas 2018 my wife bought me a pair of red and black Jordan 1’s, and I was hooked.

Soon after that I started buying shoes like crazy. I was a part of every new Release of Jordan 1s, then I got my first pair of the 5’s and more 11’s, some 4s and more 1’s! I love them, I love the colors, I Love nicknames and of course I LOVE LOVE LOVE being stopped in the street to be told how “dope my kicks are” or being known as a shoe guy. Not necessarily a sneakerhead, yet, but i’ll take shoe guy!
8 Financial Mistakes That Everyone Should Be Aware Of
By: Ghani Mengal
Tags: Investing, Money, Financial Planning, Money Management, Finance

1- The Hope Strategy

A big mistake many people make is to use hope as a financial strategy. Here’s what I mean:

Many people justify their spending habits by believing that one day they will make lots of money and all of their financial problems will go away. They just hope for money to come into their lives.

As silly as this might sound, but this is an authentic thing for many people, especially those entering the entrepreneurship arena. As entrepreneurs, we have this vision of how our lives will look like as we grow our business and in many cases, many entrepreneurs start spending money as if they already make the money.

We see all these other entrepreneurs making lots of money, so we think to ourselves, I will start a similar business, I will make so much money, and it all be fine.

But this is a false sense of security that causes people to spend more than what their current budget can afford and end up with no money or worse in debt.

I see many people fall into the trap of buying luxury items to make themselves appear more successful before actually becoming successful, Which can be a very dangerous trap.

The reality is that unless you win the lottery (which is very unlikely), or you make some risky investments that could make it big, it is not likely that you will make lots of money very fast.

Although you can build a good income fairly quickly with the internet today, you should not base your current expenses on the hope of a good income tomorrow.
The Easy Way To Save $1 Million
By: Walid Ao
Tags: Investing, Money, Financial Planning, Money Management, Finance

The sweet equation

To determine your monthly savings, you first need to set up your goal. It is important to know your financial goal and when you want to achieve this goal.

In the upcoming examples, our goal is to save $1 Million by retirement. We will assume that the retirement age is 65, and we will start from zero savings. We will consider three starting ages: 25, 30, and 40 in our example.

Value equation based on monthly saving installment — by the author

Where:

A: The value after t years

MP: The monthly payment towards your savings

r: The annual interest rate in %

n: the number of times the interest is compound per unit t

t: the time period in years

For example:

Alex is saving $300 each month to buy a new car in 5 years. With a conservative interest rate of 6% annually, he will have:

Alex’s savings in 5 years by putting $300 each month — by the author

In five years, Alex would have saved $20,931 with the power of compound interest. If he did not use compound interest, he would have saved:

A = $300 * 5 years * 12 months/year = $18,000

So, Alex gained an extra $2,931 from compound interests in 5 years. Now imagine if he saved for 20–40 years instead of only 5 years. If Alex saved the same amount for 40 years, he would have roughly saved $600K, from which only $144K are coming directly from his monthly $300 payments; the rest is from compound interest.

However, our goal here is to calculate our monthly savings to reach our sweet goal of $1 Million by retirement. The previous equation can be re-written to:

Monthly payment calculation based on one’S saving goals— by the author.

Now, Alex is 25 years old, and he wants to have $1 Million in his savings once he retires at 65 years old. While considering a conservative interest rate of 6%, he needs to save ca. $502 monthly.

Alex can reach $1M in 40 years by putting aside $502 monthly with the power of compound interest — by the author.

Alex’s contribution is only $240,960 to reach his ultimate goal of $1 Million by 65 (if he started saving at 25 years old).

If Alex started saving at 30 years old, he needs to put aside $702 monthly to reach $1 Million at 65 years old. If he started saving at 40 years old (assuming he had no savings before this starting point), he needs to put aside $1,443 each month for the next 25 years.

Here comes the interesting part, the later Alex starts saving for his $1 million goal at 65 years old, the more he has to put aside from his own money.
Why don’t poorer countries just print more money?
Tags: Money Mindset, Banks, Money, Money Management, Currency

Why don’t poorer countries just print more money?

Photo by Charl Floscher on Unsplash

To get richer, a country has to manufacture and sell more things . It could vary from goods to services. This makes it safe for that country to print more currency , so that people can buy those extra things.

When a country tries to get richer by only printing more currency, it doesn’t work out in their favor, because if everyone in the country has more money, prices go up instantly . This is when the citizens need more and more money to buy the same amount of goods on an inflated price.

This happened recently in Zimbabwe, in Africa, and in Venezuela, in South America, when these countries printed more money to try to make their economies grow.

As the printing presses sped up, prices rose faster, until these countries started to suffer from something called “hyperinflation”. That’s when prices rise by an amazing amount in a year.

When Zimbabwe was hit by hyperinflation, in 2008, prices rose as much as 231,000,000% in a single year. Imagine, a sweet which cost one Zimbabwe dollar before the inflation would have cost 231m Zimbabwean dollars a year later.
My 5 Money Goals for 2021
Tags: Debt, Money, Money Management, Money Finance, Goal Setting

It’s that time of the year where everyone is setting new goals for themselves. All the finance/money youtubers are posting videos about how they’re planning on spending 1% of their enormous income and saving/investing the other 99% of it. That’s not hard to do when you have a lot of money coming in every month. Here’s my version of this but from the perspective of someone who is a fulltime student working part-time. For some reason, I spent my whole life thinking I couldn’t really save money or be financially disciplined while being a student. Countless podcasts and Youtube videos later, I realized this is definitely not the case. Below I share a list of the money goals I am setting for myself for 2021:

Have a fully funded emergency fund

My emergency fund is currently 50% funded and has 2500$ in it. Since I’m still living at home and don’t have to worry about living expenses, I decided I want to have 5000$ in my emergency fund. I hope to accomplish this by the end of January 2021 as I’m spending most of my holiday break picking up extra shifts.

2. Reduce my cost of livng and actively stay out of debt

I’m going into this new year with months of budgeting experience and an (almost) fully funded emergency fund. I have month’s worth of data that I can analyze to make cuts in areas where I’m overpseding (ahem Tim Horton’s coffee every morning) and I should be able to cover any surprise expenses without going into debt. In previous years, I had a few hundred dollars in my chequing account and credit cards to hold me over for emergencies. Nope. Not in 2021. I am done with those reckless days!

3. Keep working on my credit score

My credit score is finally at a “good” place — a whole 715. By continuing to make all my payments on time, this number should continue going up this year.

4. Scale my side hustle to have 1000$ a month in extra income

I recently started an instagram business and as with any online businesses, the overhead cost is close to nothing. My goal is to scale it to bring in an extra 1000$ a month. Whatever profits I make from this will be split between re-investing to grow the business and towards maxing out my TFSA for the year (the limit for 2021 is 6000$).

5. Buy my first investment property

By following through on all these goals, I should be in a position to buy my first investment property by summer 2021. I will finally have saved up the capital to purchase a condo and have a good enough credit score for this to pan out. I can then rent this property out to create additional cash flow for myself.

Maybe in a December 2021 I can come back and write about how this worked out. Wishing you all happy holidays and a happy New Year!
How to Make Extra Money: You have to be willing.
Tags: How To Make Money, Money Mindset, Side Hustle, Money Management, Making Money Online

Making extra money really isn’t some coded mystery that only the smartest among us can decrypt.

I’ve been making extra money my almost my entire life, going back to preadolescence and certainly has nothing to do with mental wizardry.

It all comes down to grit.

Let me tell you a quick story about WHY more people struggle to put extra cash in the kitty and then offer you quick ways to make extra cash.

I once had a fruitless conversation with a colleague in which she asked me to help her find a quick source of dough.

So I gave her two solid ideas — She scoffed at both.

In fact (I kid you not), she even went so far as to respond to the second suggestion with ‘blah, blah, blah’.

She did, however, continue to gripe about how crappy her entire life situation is.

And there you have it — this is exactly WHY so many struggle to make extra money. They have a negative mental state.

Bitching and moaning will always be easier than doing.

OK — so now that you’ve decided which position you’re going to take, let’s look at a how to make extra money:

1) Property maintenance — this applies to both lawn care and cleaning homes.

These are “Ugh jobs” no one wants to do unless they’re retired and need to fill time.

Simple flyering or posting ads in your local Facebook marketplace will get you your first gigs.

If you do a great job of things, I guarantee your side hustle will start to grow on autopilot by way of referrals.

2) Car Detailing— Start this the same way you would the property management gig.

The toolkit for the job will set you back about $30, tops.

If you’re over six feet tall, this gig can get very irritating, very fast, so do take that into consideration.

3) Leverage that flyering — Everyone needs to advertise and all those promo packs loaded with coupons and introductory offers all started the same way…

…with some dude figuring that he should be monetizing the time he spent flyering.

Find a few businesses that want in on your efforts.

4 ) Craigslist Arbitrage — this one takes patience and solid negotiation skills.

Here’s how it works: you hang out in the “Barter” section of the site and look for what people want to trade for.

Here’s an example — I once found a guy looking to trade for a two-wheel hitch trailer he owned (value of $2K) for a Street Fighter II vintage arcade game.

I found said game in 15 minutes. $300. Made the trade for the hitch trailer, which I sold for $1400.

5) Sell on Amazon — you don’t need money to get started…just hocking what’s around the house is enough to get you off to the races.

I’d strongly recommend you start by selling as much stuff you can obtain at no cost until you get the hang of it.

These five ways of making extra money won’t make you a fortune (unless you get real slick and start scaling up), but they will make a noticeable difference.

Be sure to check out this excellent primer on developing the “Matrix vision” that’ll allow you to see money-making opportunities everywhere around you.
4 Financial Habits to Avoid
By: Thrive Financial Academy
Tags: Wealth Management, Investing, Budget, Money Management, Invest

4 Financial Habits to Avoid

We often inherit the financial habits of the adults who played an influential role in our lives. Spending before budgeting properly, neglecting to save, or not having a wealth mentality are typically learned behaviors that can change with a little bit of practice and encouragement. To avoid having old habits worsen, here are a few things to avoid in order to achieve financial health.

1. Impulse Buying

How many times have you been in the store, and ended up purchasing more than you planned to? This is an example of impulse buying. Impulse buyers rarely think about how the additional purchase will impact their financial health in the long run. To avoid impulse buying, begin working from a budget, and keep track of your earnings and what you spend on a daily basis. This will help you avoid overspending, and purchasing unnecessary items based on your wants instead of your needs.

2. Relying on Credit Cards

Someone rightly said, “Procrastination and credit cards are the same, a lot of fun until you get the bill.” You can make expensive purchases quickly and easily with a credit card, but you’ll always have to pay the bill in the end, plus interest. The interest rate on credit cards are often so high that even making the minimum payment is not enough to pay down debt effectively. Regular and unnecessary credit card usage puts people under a lot of debt and rarely leaves room for savings or investments.

3. Imitating Other People’s Lifestyles

Comparing your life to other’s or imitating them often leads to poor financial decisions. For instance, a person earning $5,000 a month might find themselves imitating the lifestyle of someone who earns $20,000 a month, and often leads to accruing debt. Worry less about keeping up with the Joneses and find creative ways to live below your means so you have room to save and invest.

4. Not Creating a budget.

Avoid the habit of not following a budget and take charge of your finances in a short period. People who rarely give thought to a budget typically end up in debt. Creating a budget helps you to spend within it, and you’ll find yourself making steps to a debt free life sooner than you think. Budgeting helps you to stay informed of your earning, spending, and powers your savings and investment goals. Savings keeps you financially safe with suitable investments like retirement savings, child education, buying a house, and more.

3 Steps Closer to Financial Freedom

Avoiding a few bad habits can prove to be fruitful in your financial journey. Bad habits die hard, but you can easily overcome your bad habits when you are up for taking charge of your financial life. Stop impulse buying, give yourself a budget, use credit cards efficiently, and avoid imitating lifestyles that are above your means. Set your eyes on your financial goals, and you are not far from achieving them.
DogeCoin is a new cryptocurrency similar to Bitcoin 💰💸💳 from 1$ to 30k$
By: Oussama Gounaya
Tags: Blockchain, Money, Investment, Cryptocurrency, Money Management

What is DogeCoin :

From a joke to 470 million market cap

Dogecoin is a decentralized digital currency that allows peer-to-peer transactions like Litecoin & ripple which are currently at the following values 0.34$ and 108.60$.

Who says transaction, says fees, Dogecoin allows us to have faster transactions and low fees;

“Doge” which is then a viral shiba dog meme. The basic idea was a joke, yet the Doge quickly found a community of followers who decided to support this new cryptocurrency.

Tesla, boring, facebook, snapchat, all of leaders actually start as a joke.

The creators of Dogecoin envision it as a cool, lightweight cryptocurrency that can compete with bitcoin, since it is based on the dog meme. Tesla CEO Elon Musk says on Twitter that Dogecoin is his favorite token.

Use DogeCoin to have small exchanges :

Same utility as bitcoin, but more faster and more transactions It is a cryptocurrency that will take the place of Bitcoin in a few years. I can’t assure you that you are going to be a millionaire, but now is the time to buy this crypto.

You can buy or sell Dogecoin from any exchange that offers that currency, store it on a Dogecoin exchange or wallet, and then tip any community that accepts that currency.

List of platforms to buy or sell : https://coinmarketcap.com/fr/currencies/dogecoin/markets/
Did you know that with Bitcoin forex trade investment you make up to $25000 per week without…
By: Sarah Alex
Tags: Health, Election 2020, Money Management, World, Business

Did you know that with Bitcoin forex trade investment you make up to $25000 per week without sending money to anyone ask me how or you add me on Whatsapp+12137978081
Side Hustles That You Need To Try in 2021
By: Daisy G
Tags: Side Hustle, Social Media, Money Management, Entrepreneurship, Making Money Online

With times of uncertainty all around us, we oftentimes find ourselves in situations where we could use a little more extra cash in order to live our lives. Finding a simple side hustle will help give you a little extra cash with very little skill and time may sound difficult but its actually very reasonable achievable.

Poshmark is a selling platform for women’s, men’s, kid’s and home goods. All you need is a camera and functioning internet. If you have clothes, shoes, purses (used or brand new) hanging around with no use just list them on your own profile! The platform has a contract with USPS which makes making a sale and shipping it off to it’s new owner super easy! Every package is sent with USPS priority mail, no hassle and you get a prepaid label with every sale. Sellers can offer discounts and promotions and buyers can send offers! This platform is built relatively similar to a social media platform. You can chat with other sellers and buyers, comment on items and even like other sellers listings. Poshmark offers the platform to those located in Canada or US. Currently no international shipping. Mercari: Like Poshmark, Mercari is a selling platform with a wider range of items for sale. From beanie babies to tools, you can find and sell just about anything! This platform allows you to list items and ship with 3 different shipping carriers, depending on the weight of an item. This platform is incredibly great for anyone starting out or looking for a simpler route. From Nike shoes to a perfume you no longer use, selling is simple and effortless. Payment is received via direct deposit into you account after your buyer receives their item. Again, all you need is a camera and internet! Depop: This platform is closely compared to the, “Instagram” of the selling apps. While this platform encourages creativity, it is well worth it! The chunky grandma sweaters in your closet hold great value! Nothing sells faster than vintage on this platform. If you feel like your 80s clothes are lonely, list them on Depop. Payment through this platform is done predominately on PayPal. You instantly get paid as soon as you make a sale, as opposed to the other two selling platforms above. This platform functions sole based on drawing buyers in through visually appealing items. Levi jeans and anything you may think is, “out of style” is definitely a go on Depop! Depop offers the ability to connect internationally, anything can be sold to anyone across the world!

These 3 side hustles are a perfect way to earn passive income with very little skill and its a perfect way to clean out your house and get paid to do so!
What Is Your Investment Style?
By: Ade Akindele
Tags: Investing, Money, Personal Finance, Money Management, Invest

Why should you have an investment strategy?

There are many investment styles (dividend investing, large-cap etc.) but there are 2 popular strategies which are growth and value investing. As a beginner investor, it is important to define your strategy to help you stay grounded through the ups and downs the stock market will throw your way. Worth noting that you can have more than one investment strategy and it does not have to be either growth or value investing.

What is growth investing?

With growth investing, you’re trying to identify companies on a growth momentum, with lots of room to grow in the future. This strategy is focused on companies that have the potential to grow explosively in both size and importance within their industries. Typically, this is can be reflected in their revenue growth rate, as growth stocks are companies expected to outpace their peers in earnings. Some metrics that are used to identify growth stocks are fast-growing revenues, increasing market share, management teams with a good track-record, growing TAM (Target Addressable Market) and a robust competitive advantage. Growth investors feel more comfortable paying more for what they see as significant growth opportunities as they expect to double their investment in the future.

Value investing strategy

Here, you’re trying to buy companies at prices less than their true value, especially in comparison to its peers. The aim of the game is to look for companies that are more valuable than what the current stock price dictates, buy them cheap and hope they go back up. As a result of buying stocks for a “discount”, value investors protect themselves against risk by their pre-defined Margin of Safety.

To understand if a stock is undervalued, you need to grasp its true ‘intrinsic’ value. Value-investors use a few financial metrics to unearth a company’s intrinsic values such as the Dividend Yield, Price to Equity (P/E) ratio, Free Cash Flow (FCF), Market Cap., Revenues and Profitability.

You can be a mixture of both value and growth

Over the last decade, growth has outperformed value stocks. Generally speaking, growth stocks are more volatile and because value stocks are considered cheaper, they are expected to decline less in a market downturn.

I think choosing to be either a growth or a value investor is an archaic form of investing that could lead to low or average returns. I think a forward-looking investor uses a blend of value and growth investing techniques. You need a good blend of quantitative analysis to find the intrinsic value and the qualitative analysis commonly attached to growth investing (moat, market opportunity etc). This ensures you don’t overpay for a stock but also hold high-quality growing businesses.

Disclaimer: This is not invesment advice and if you would like investment advice, please seek a qualified financial adviser.
How To Become Financially Successful With The Money You Have Now!
By: C S Bhambra
Tags: Success, Financial Planning, Money, Money Management, Finance

#3 Reduce Your Outgoings - Next, think about what you can live without or reduce. Ask yourself a series of questions. Are you spending a lot on morning coffees? Are you buying a lot of snacks? Are you paying for a membership that you don’t or rarely use? Are you paying for a TV streaming service & only watching 3 out of the 400+ channel options as well as paying for Netflix? Are you paying a huge amount on gas & electricity? Choose to either replace these expenses or cut the ones that aren’t essential.

If you’re not using a membership then stop paying for it. If you are spending a lot on snacks/coffee etc. find more cost effective alternatives such as buying multipacks or alternative products that are going to help you save.

Scenario:

Some people spend up to £10 per weekday on coffee & lunch while going to work. This is £50 a week, an average of £2600 a year.

Then a gym membership of £24 a week, this is £1248 a year.

Now imagine that same individual always runs late & gets a taxi at least 3 x a week of £25 per ride/£75 a week, that is £3900 a year (that’s just unnecessary). Then there’s the random snacks a few times a week from their local store of an estimated £9 a week, that’s £468 a year.

With changes this individual could save £8,216 a year if they cut these out or £4,108 if they just halved their spending and found alternatives.

Now picture this over 10 years, that’s a financial saving of £41,080 – £82,160. In 40 years that’s £164,320 — £328,640. Without actively changing these spending habits that’s a huge financial waste that could’ve accumulated to a great saving!
Save money by PAYING YOURSELF FIRST!
By: Sim Janhom
Tags: Money, Budget, Budgeting, Money Management, Savings Plan

A picture of my actual cash envelopes

Although money is now mostly digitalized in my country, I still want to talk about a cash budgeting method today.

Personally, I am more responsible when it comes to spending cash money than when I just swipe my card when doing a purchase. For me, the biggest problem with card purchases is that it is very easy for me to overspend. This is because I don’t check my bank account with every swipe. I just put my card in the machine and pray.

That is the reason why I started with envelope money managing and I will tell you guys all about that in this post.

WHAT IS THAT?

With envelope money managing, you make a budget for different categories every month. With this method, you take out cash and put it in envelopes that you categorize.

This is how you keep track of your spending habits that you have in certain categories and whatever you don’t spend, you have extra for the next month.

HOW?

1)Think of different categories that you spend your money on:

Groceries

Clothes

Gass

Emergency funds

Holiday

2) For every category, set a budget and write it down. Also, separate categories where you spend and categories where you’re saving. The envelopes that you are saving money in, you need to leave at home in a safe spot. For online expenses, you also need to make different categories and leave the amount that you need in your bank.

Example:

Income:

Salary: €1600,-

Side hustle: €200,-

Cash expenses:

Groceries: €120,-

Clothes: €50,-

Gass: €120,-

Cash savings:

Emergency funds: €60,-

Holiday: €60

Online expenses:

Insurance: €120,-

Subscriptions: €30,-

Total cash needed:

€ 410,-

Total needed on the bank account:

€150,-

3) When you have your budget ready. You’re ready to go and withdraw the amount of cash that you need for the month and divide it among the envelopes.

4) After you have divided the money. You can now spend whatever you need for that category. However, when the envelope is empty, you cannot spend any more money on that category for the rest of the month. If you have cash left over. You then have more to spend for the next month.

PRO’S

It forces discipline

It gives you a better view of your spending habits.

It makes it harder to overspend.

CONS
What is investment?
By: Ajay Kashyap
Tags: Independence, Finance, Money Management

what We are often made to be believed by our parents since the childhood is that constructing a house is the best investment one can make in his/her lifetime. Is that construction worth taking a loan of 50lakh rupees and falling into the debt trap at early age? I say no, because as and when the house is done constructing the value of it depreciates and only the land value goes up or stays the same for years taken into consideration. As far as we are concerned the real estate is better investment than constructing a house.(note: real estate is different from construction).

What is the investment class then?

In India people often tend to invest much on gold and silver kind of metals in physical form/ rather called commodities. the investment on gold constitutes to around 41% of the household and people believe that it turns out to be lucrative after years. But the reality of it is often egregious. Major investment classes are actually stocks, bonds, real estate, gold(miniscule extent),ETF’s. The major thought that comes to our mind when we hear the word stocks is it’s risky and one will lose money, so is the risk of earning even in one’s 50’s and living pay cheque to pay cheque without financial independence.

for example, let us take into consideration maruti suzuki 800 car. if at all one had bought that car in 2008 for 1 lakh, the value of that car today would be somewhere between 10000 to 12000 rupees, if that same money was invested in the shares of maruti suzuki that value in 2020 would be more than 1 crore.

The point I am making here is people tend to buy “wants” more than “needs”. There is no need to buy a new model of iphone every year or buy a new car every year to show how filthy rich one is.
How I Use Grammarly Premium For Less Than $ 3
By: Kavish Kamat, Kk
Tags: Writing, Self Improvement, Money Management, Software, Writing Tips

Why I started using Grammarly Premium

Two months back, when I started my journey on Medium, I was confident about my writing skills. I was an experienced writer and was drafting emails and articles for my corporate for over 20 years.

But when I started writing on Medium, I suddenly felt like a novice. I was getting rejected by publications, and the difference between views and read time was telling me that there was a problem.

I gradually started to realize that there was a difference between corporate writing and publishing on Medium. You need to attract an audience to your content if you want to succeed, and one of the simplest ways to do that was to get into more prominent publications that enjoy a vast readership and instantly get you the required attention of readers.

But getting into bigger pubs is not easy. Each one has there own guidelines for submissions:

Some pubs insist on accepting articles only from paid members. There are word limits to be followed. Some pubs take stories on specific topics. Almost all pubs reject stories with grammatical errors and spelling mistakes.

The fourth point was my biggest concern. English being my non-native language, I was not a grammar expert. I know how to write but never knew that there was something called a passive voice. I was not aware of the use of unique or repetitive words and how it would impact my writing quality. Fragmenting a sentence to make it user friendly was unknown to me.

All these small but essential aspects of writing were introduced to me when I joined a community of writers on Facebook to improve my writing skills.

I wanted to learn all this but never had the budget to invest hundreds of dollars in writing courses conducted by the top writers. So I was looking for an answer. Then someone suggested Grammarly premium, and it looked great.

I signed up for the free one-month trial offer and got addicted to it. But once the offer expired, I knew I would not afford the price tag of $29 a month and would have to go back to the traditional way of using the free chrome extension, which now felt hopeless after the habit of using the premium version.

I started looking frantically for an alternative to get Grammarly premium for free. The internet is filled with some useless suggestions, which I doubt work. Most of the options suggested are either not sustainable or too complicated without any guaranteed results. I was at a point of disappointment when out of nowhere, I found gold — a Grammarly Premium for an affordable price.
2 Step Guide To Achieve $1,000,000 In Your Voluntary Retirement Account — Swiss Edition
Tags: Money Mindset, Investment, Personal Finance, Money Management, Retirement Planning

In Switzerland, there is a three pillar pension system. However, only one-third of the working population has pillar3a. Because the third pillar is voluntary. People with pillar 3a will have a great advantage when they retire. In this article, you will learn how to have a one million swiss franc in your pillar 3a pension fund when you retire.

Photo by Max Harlynking on Unsplash

Pillar3a and Misconceptions

Even though pillar3a provides a lot of benefits, such as tax-deductible, can be used for funding a company, purchasing homes, and of course for your retirement. There are ONLY less than one-third of the working population has a pillar3a account! Why?

Most people don’t know what is pillar3a hence they have misconceptions about it. They think it is like pillar1 or pillar 2 contribution, that their money is managed by some other organizations which they have no control of. They think they don’t receive everything they contributed, the money is used to pay for those who are retired now. Most people think once they put money in the pillar3a account, they can not get the money out when they need it. They have to wait till they retire. Most people think the pillar3a contribution is CHF6826 per year, and it is too much for them to commit.

Are some of the statements the same as what you think pillar3a is? Probably.

But they are not true.

Money contributed to the pillar3a account is tax-deductible. Depending on where you live in Switzerland and your income level, you can save even CHF800 to CHF1000 or more on income tax. You can use your pillar3a money for buying property. In Switzerland, the downpayment is 20% of the house value, and you can use your pillar2 and pillar3a to pay part of the downpayment. You can use the money if you set up your own business or move abroad permanently. You can also withdraw your savings if you are unable to work and you draw full invalidity benefit. Even when you withdraw the money when you retire, the tax is much lower than what you would have paid for income tax. You can contribute a maximum of CHF6826 as of 2020. But you don't have to. You can contribute CHF1000, 2000, or any amount which is less than CHF6826. You can do a monthly deposit or lump sum.

There is a lot more information about pillar3a in my other article <How to Create Wealth with Your Pillar 3a>. I highly recommend you to read that one.

If you understand what pillar3a can do for you, here is how you can grow it to $1,000,000 till you retire.

Grow Your Money In Two Folds

Let’s make a simple example to help you understand the process.

Peter started working in Switzerland at age of 25 with a yearly net income of CHF86,000. Assuming he makes the same yearly salary till he is 65.

He is single, with no kids.

He contributes the maximum amount to pillar3a and uses the money to invest in ETFs which gives him an average return of 7% per year, which is a quite reasonable return.

Peter retires at age of 65.
How to Get Revenge on Your Own Mediocrity
By: Deante L. Young
Tags: Mindset Shift, Personal Growth, Life Lessons, Money Management, Mindset

This asshole poorly planned for Christmas this year and now he looks like an idiot.

It’s me. I’m the asshole who looks like an idiot.

When I’m financially challenged, I do dumb things and my planning is worse than a pregnant homeless woman. My 17-year old daughter told me to get her a book for Christmas this year.

She told her mom that she wanted nothing.

The outcome? I got her two books and her mother got her a treasure trove of goodies, some expensive and some that will put a smile wider than Texas on our child’s face.

Damn.
Difference between TFSA and RRSP
By: Money Bunny
Tags: Investing, Money, Saving Money, Money Management, Saving

Saving money isn’t as simple as moving a percentage of your pay cheque into a savings account every month. To be effective at saving, you need to understand the differences of the various account structures available to you to save money. In this post we will go over the basic differences between the Tax Free Savings Account (TFSA) and Registered Retirement Savings Plan (RRSP).

Tax Free Savings Account (TFSA)

What is it?

This is an account that holds after tax dollars. This means, the money that is put into this account has already been taxed (i.e the money you received after all deductions on your pay cheque). Any capital appreciation earned within the TFSA is not taxable.

When should it be used?

The most effective use is for investments with unfavorable tax treatment. In Canada, this would include investments that generate interest since interest is often taxed at a higher rate than dividends and capital gains.

Registered Retirement Savings Plan (RRSP)

What is it?

This is an account that uses before tax dollars. By contributing to this account with the money earned after tax, you can receive money back on your tax return. The capital in the account can appreciate over time, and will only be taxed once it is removed from the account.

When should it be used?

This account should be utilized during the time you are in a higher tax bracket than you expect to be in the future. As such, by placing money in the account today you avoid paying higher taxes and can pay lower taxes in the future once you are in a lower tax bracket. This account is meant to help you save for retirement.

Which account should you use?

Ideally, both.

If possible, utilizing both the TFSA and RRSP will help you to effectively save for the future. It is worth noting that each of these accounts have a maximum amount that can be contributed each year. Ideally, both accounts should be maxed out to realize the full benefits.

If saving the annual maximum in each account may not be possible, access your current and future expected tax situation to determine which account is best to start with.
Mind Your Head
By: Sharon Bond
Tags: Money Mindset, Saving Money, Money Management, Beliefs Affect Reality, Belief

If you have some negative beliefs about money, (who has it, what they do with it, or how they have so much) you’re not alone.

If you’ve heard negative statements about money as you were growing up, chances are that even if you didn’t believe them at the time, those thoughts may be grumbling in your subconscious.

According to the National Science Foundation, an average person has about 12,000 to 60,000 thoughts per day. Of those, 80% are negative, and 95% are repetitive thoughts.

One of my personal struggles has been my beliefs about money. We all need money, but if we have negative thoughts about it, that can keep us from feeling worthy of it and could also keep us from saving it for the future.

Here’s a simple exercise on how you can build a positive money mindset, so you can go about the business of making it, and keeping a little more of it in the bank. This has worked for me, and I am as stubborn as they come, so here goes.

1. Write down all of your beliefs about money. These can be any beliefs you have learned from any time in your life. Do this with pen and paper, rather than on a keyboard. The tactile experience provides something that is different from typing. Fill up a whole page, or two.

2. Next, cross out any false beliefs. We have many beliefs that are from prior experience or thought, but are not always true. Really take some time to think these through. Ask yourself if a belief is true for everyone, or just for you. That is how you know it is subjective, and not necessarily true.

3. For the beliefs that have not been crossed out, read them through and see if they feel good when you read them. If any of them make you feel bad, cross them out too.

4. Everything left on the page should be a positive statement about money. Put these somewhere you can look at them every day and read out loud.

Even when something isn’t true, but keeps getting repeated, our very efficient brain will learn it as “truth” so take good care of what you say to yourself. Repetition is important for changing negative beliefs to positive ones.

You can use this same process to discover your beliefs about having an online business, about a relationship, or something that may carry charged emotions.
How I Break My Impulsivity
By: Frosted Cereal
Tags: Self Improvement, Money Management

2020 really changes people a lot, including me. This year, we’re being helped by the digital shopping experience which we could use every time wanted to. We are also being helped by mobile banking products which can help us in simplifying the payment process.

Before I wasn’t familiar with the E-Commerces, I used to shop on Instagram and it was the part that makes me an impulsive person. The sellers provide great visuals, and I am easily tempted by visuals. Then, after I began the experience by the ease of using E-Commerces, I can’t help because the promos are very tempting and worth it.

But then again, during the pandemic, we are all surviving. I began to think about what I have done back then.

“What did I buy?”

“Why did I buy it?”

“Did you realize you are wrong for being this impulsive?”

“Didn’t you want to save up and track your own expenses for your own good?”

Yes, those are the words that changed me into who I am now. Here’s what I do to eliminate my impulsivity:

a. Write down a list of needs that will definitely be used

I track down my needs monthly, for example: Data Package, Skincares, Shampoo, Soaps, etc. It must be the primary needs first and rule out the tertiary needs.

b. Tracking and budgeting my own expenses

Since I am still looking for my job, so all I can do is to save up the money that my parents had given me. I use the 50–30–20 method which can be described as follows:

a. 50% — Goes to needs. Since its pandemic, I am saving for primary needs such as beauty products like skincare, soaps, shampoo, and data packages, and transportation. The rest can be counted as a bonus to save up if there are still some left.

b. 30% — Goes to wants. Here again, this is the percentage which I can still use my money for secondary and tertiary needs. This goes for hanging out with my friends, buying cute (but still necessary) stuff skincare I wanted to try, foods I want to try, etc.

c. 20% — Goes to Financial future. I never touch this money and always make sure it doesn’t go off my nest egg. It should be useful when you wanted to save up to buy household supplies, continuing your degree, or just wanted to save up? It’s up to you :)

c. Daily track and compare E-Commerce Promotions

I only do this when I feel I need something. Sometimes when my monthly and daily needs are running low, all I did is to surf the E-Commerces. If there are some worthy promos or discounts (well you should still calculate this), I take it and count them as a bonus to save up the actual expenses.

d. Reduce Window Shopping

Even I am at the mall, or just surfing through the E-Commerce, I reduce my time looking at the cute stuff or foods I may buy. It really affects me a lot and now I only do this just to refresh my eye.

Hope this useful :)
HOW TO BE A MILLIONAIRE IN YOUR 20’S
By: Meaningful Ride
Tags: Money Mindset, Save Money, Millionaire, Money Management, Millionaire Mindset

HERE WE SHARE HOW TO LIVE LIFE IN MOST MEANINGFUL WAY EVEN IN THIS RESTLESS ENVIRONMENT BY APPLYING VERY VERY SIMPLE STEP.