Gold Rush: The Search for a Better Life

Everyone knows about the California Gold Rush. Three hundred thousand people went to California because they knew the value of gold. It is still just as valuable today and you don’t have to run to California to get it. It is now available over the internet from a company in Stuttgart, Germany in a form known as Karatbars. It is being sold in a format that maximizes the inherent value of gold.

What are Karatbars?
Karatbars are wafers of pure gold mounted into a credit card-sized plastic holder. The weight of the wafers starts at 1 gram. There are just under 30 grams in an ounce (28.35, to be precise), so at $1,200 an ounce, a gram would cost under $50. Karatbars come in 1-gram, 2.5-gram and 5-gram sizes.

It is this unique packaging of Karatbars that is igniting a new gold rush. Laminating the wafer in a plastic card solves several of the major problems that plague gold.

A 1-gram Karatbar always has 1 gram of gold
People have always shaved gold off the coin they are using as currency. This is why coins have serrated edges, called “reeding”. The gold in a Karatbar is permanently welded into the card and cannot be shaved. The company certifies the weight with a holographic image on the back of the card.

One-gram wafers are affordable for the average person. The high price of gold has made it difficult for the small investor to build a portfolio of this most precious metal. That has led to the use of gold surrogates, such as mutual funds focused on the gold industry. Karatbars allow anyone to buy and hold solid gold in small affordable increments.

Karatbars are a practical solution.
Some people hold gold as an insurance policy against societal collapse. One-gram wafers of gold, permanently sealed to prevent tampering, are perfect for this use because they are a unit small enough to use for goods and services in a barter economy.

This remarkable concept is the brainchild of Harald Seiz, a German financial adviser and entrepreneur. Mr. Seiz was gripped by the idea of Karatbars as a method of monetizing the timeless value of gold. He developed it as means of providing everyone with the opportunity to have financial security and freedom.

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Dream Getaway: Take a Step Back from the Daily Grind of Work, and Treat Yourself to a Vacation

The weather is warming, days are getting longer and it’s the perfect time to get outside. Take it a step further this spring, and take a dream vacation! Most people think a dream vacation is out of their budget, but with the right planning it’s really manageable. Here are a few tips we have to help you take the vacation you’ve always wanted, without spending every last penny you have.

  1. Tickets on the Cheap

Plane tickets are one of the bigger expenses when it comes to long distance travel. If you are lucky, you can use some credit card reward miles towards your tickets. If you aren’t so lucky, consider using a site like Travelocity to see what deals they are offering. Before you even pick your  destination, check out the plane tickets and then chose where to go. If you are flexible, you can definitely find a deal to somewhere enjoyable.

  1. Amazing Accommodations You Didn’t Even Know About

Do you remember the TV commercials about ten years ago with the catch line “there’s an app for that”? Well it’s true; there is literally an app for everything these days. Check out some apps like Airbnb, HostelWorld, or couchsurfers. Depending what you are looking for and how much you plan to  spend, you could find a nice private loft for less than a basic hotel room.

  1. Group Deals

Use your networks and try to rally a group together in order to utilize group discounts. Checkout Groupon regularly to see what kind of deals they are offering and get your friends excited. Usually, the more people that are involved in looking, the better deals you will find. So, if you wanna getaway, spend time with friends, and do it on a budget… do it together!!
As a young hard working adult, you deserve a vacation every now and then. With the countless resources available to you, it’s possible! Don’t sit and dream any longer, get to work and plan the best vacation you can possibly think of.

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5 Tips for Saving Money in the Long Run

It’s not easy, in today’s world, to save money. It seems like as soon as it comes in, it goes right back out. We work so hard for our money, but yet when we need it for an emergency, there’s no money. Sometimes it’s credit card debt that traps people into a constant struggle with payments and late fees. Other times, it’s something as simple as not being able to budget and plan your money well. Rather than applying for personal loans every time you need money, you can learn to save money on a regular basis. It won’t seem like much in the beginning, but in the long run you’ll watch your money grow and be happy with all of the money-saving tips you took into practice.

It All Begins With a Budget

  1. It may not sound like a fun way to spend an evening, but creating a budget is the first step to saving money. You won’t be able to save until you can get a good picture of how much money you actually bring in each month and where it really goes. You might THINK you’re not spending money frivolously, but when you see it in black and white, with pen and paper, you could surprise yourself. Start out with a list of every place you get income from each month. Include any type of salary or payment that goes into your account. Then make a list of your fixed expenses, such as rent, house payments, etc. Subtract what you owe from what you get and you’ll see how much money you have to spend.
  2. Evaluate your budget each week. Write down everything that you spend money on every day. Don’t let one dollar go out of your pocket without writing it down. At the end of the week, total the money that you didn’t really need to spend. Cut those items out the following week and put the money into a jar to save.
  3. Keep your transportation expenses down by using public transportation or carpooling. Put the saved money into your savings account.
  4. Pay cash for your purchases instead of credit cards. Once those credit card bills stop coming in every month, you’ll have more money to spend or save.
  5. When you need to buy an item, wait for it to go on sale. You’ll save a bundle.
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Investing Lingo You Need To Know

One of the biggest barriers to investing is the vocabulary. That’s a barrier to a lot of things you might be interested in. The only way to get past that barrier is to educate yourself on the meaning of the words that scare you. Here’s a few that you should know when itcomes to the stock market.

What exactly is a stock? It’s a owning a piece of a company. That’s literally what it means. The company answers to you, the stock owners. You can vote and have a say in the company. They have to do what’s best for you the owner. Finding the best companies of course takes work. You should see the Online Trading Academy Reviews to see about getting into a course that can help you find those companies.

A fancy word for how much all of the stock of a company is worth is Market Capitalization. All you do is take all of the stock that’s owned and multiply it by the price to get the market cap. Why should you know this? Because it helps you to compare similar companies since share prices usually fluctuate.

One of the more important things to know is the Earnings Per Share. It’s the net income divided by the average number shares. Basically, if a company issues a huge amount of shares it can dilute the value of each share. That’s obviously not a good thing so you’re going to want a company with a higher EPS.

Another thing to look into is the P/E which is the Price to Earnings Ratio. It basically tells you how valued a company is by dividing the current share price by the EPS. This also helps you find companies that are under or over valued.

That’s a little bit of the lingo you need to know. Keep learning so you can get into investing. It’s really a great way to grow your money.



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Cash Advance Loans – A Great Solution to Short-Term Cash Problems

Payday loans also called the cash advance loans are short term loans which are offered to the borrowers where they are required to make the payments by the next payday. These loans are offered by specific loan companies or the lenders who deal with them only. Getting these loans involves an easy procedure and can be had within 24 hours of application. With the advent of the online methods, these loans have become even easier and quick to avail. One of the greatest concerns related to these loans is the high interest rates on them which often gets to the levels of 400% APR.

These loans are unlike the conventional loans which come at a lower interest rate and flexible terms. The payback period for the cash advance loans is not very high bit that of the conventional loans can go up to 30 years as in the case of the high value mortgage or the auto loans. One can get an amount equivalent to $100- $2000 under these loans. In terms of documentation, one has to provide the employment details and the income proof to the lenders for the processing of the loans. Other than this the applicant needs to have a checking account which is active so as to make the transfer of the loan amount.

When it comes to the repayment of the loan, the borrower has to provide a post dated check to the lender for the amount which is equivalent to the principal and the interest on the loan. Within 2 weeks time once their payday arrives, the borrowers need to repay the loan in full as a lump sum on the due date. If they cannot, the lender puts the check into the bank to recover the amount.

Roll-over and applicability

There are situations when the customers fail to make the repayments on time. In such conditions there are a lot of states in the US where roll-over of the short term payday loans is allowed. Under the terms one is allowed to repay the loan within the next 14 days. However, once the term ends one is liable to make the payments for the principle amount along with the interest rates applicable on the period of 4 months which includes the period of roll over where an additional interest is applicable. This is not allowed in a lot of states too.

High interest rates

The payday loans have often been in news for the wrong reasons – the high interest rates applicable on them. Well, when one takes these loans, they should clearly look at the interest rates applicable on them. Most of the people who take these loans do not read the terms and conditions of the loan and everything come to them as a surprise when they make the repayments. This is not true that the lenders are always at fault. It is the duty of the borrowers to ask the lenders on all the aspects of the loans. Anything which they are not clear with needs to be asked a number of times in fact till the time they are clear about them.

If one is aware of the way the interest rates are calculated on these loans there are less chances that they will get disappointed on any of the areas when it comes to the net lendthe repayments. A lot of people compare the payday loans with the conventional loans offered by the banks. Remember, these loans are in no ways comparable to the bank loans. The amount of documentation and the degree of verification that goes in the bank loans of any sort is no match to the payday loans. These are extremely short loans which come for a brief period with no collateral and credit checks. The risk on the payday loans is very high and probably that is the reason behind the issues faced by people.

However, these loans fill the gap which the banks leave by not funding the bad credit lenders in urgent need of money.

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