5 Amazing Technology Gifts For Mother’s Day

Mother’s Day is less than a week away and word on the street is that spending is up this year.    The National Retail Federation estimated that consumers will spend 19.9 billion dollars on Mom this year in 2018 which is actually down from last year.  If you are counting that is an average of $162.94 per consumer which is $6 decrease from a year ago.  Men will spend more than Mom than women by more than $70!  Being a Mom is a tough job, and we need to all appreciate what Mom’s do throughout the year. Most consumers will acknowledge that appreciation with a greeting card (81.3%), though it appears her loved ones will also look for special gifts. Two-thirds (66.6%) of those celebrating will buy mom her favorite flowers, spending a total of $2.3 billion, and 33.5 percent will look for spring sweaters and blouses, spending a total of $1.7 billion on apparel and accessory items. Mom’s loved ones ...

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Five Money Moves To Make If Your Company Files Bankruptcy

As we get deeper into the calendar year of 2018, bankruptcies are at an all-time high for the retail sector.  In fact, in 2018 store closing are expected to be up 30% and cross over 10,000 retail stores that will close this year.  There isn’t a person you run across today who won’t admit that online companies are killing brick and mortar.  Even if your company says they will reorganize their debt and not officially lay everyone off, it’s probably time you make some smart financial moves now to get your personal financial plan in place.   Make sure you take care of all of your health items- Health insurance is one of the biggest things to be thinking about if your company is filing bankruptcy. What you want to understand is what will be happening with your company benefits. If you do lose your job, do you understand the COBRA rules and the costs? Do you understand what the ...

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Breaking Down the Economic Situations of the 10 Countries Most Reliant on Remittance

Although the concept of expats wiring cash to their families in their native countries is certainly nothing new, the sheer degree which money is being sent back is rather staggering. According to a recent remittance report by Forbes, worldwide payments rose by 7% in 2017. This brought the total amount of global remittance payments to a whopping $613 billion. Citing oil prices and rapid currency changes, it appears that the growth of the remittance market won’t be slowing down barring a massive economic shift this year. This begs two much bigger questions, though: which countries are most impacted by the need for such payments and why are they a necessity in the first place? After all, these expats aren’t just sending money back home: they’re potentially losing a cut of their income in the process. As noted services such as Remitly, which provide streamlined remittance services for countries around the world, the cost of such payments can quickly get eaten ...

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Can You Retire On 1 Million Dollars?

One million dollars used to be the gold standard when it came to figuring out how much money you would need to never have to work the rest of your life.   Now, we all know if you really put your mind to it that you could probably retire on a million dollars, but the real question is whether or not you could maintain the standard of living you have been accustomed to off of your current income.  With our society having become more of an outsourced society than a do it yourself society, here’s why 1 million dollars isn’t what it used to be. The Slient Killer – Inflation may be the number one item underestimated when it comes to overall retirement planning. Inflation is on the rise, and if it rears its ugly head at the 4% level you better seek shelter to figure out how to make your money last.  At a 4% inflation level, 1 million dollars ...

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How To Get A Better Airline Price Even After You Book The Flight

All of us have experienced that fear of price gouging when we book our flights on line.  When you go to a major website such as Expedia, Priceline, or Kayak, you often wonder whether or not you are getting the best possible deal.  Then, when you hesitate to book the flight when you go online, you get even more bitter when you come back a day or two later only see the prices go higher.  Or, even worse is when you actually book the flight and then you see the price go LOWER!  Well, with the power of Artificial Intelligence there may be an answer to help you sleep better at night when you are booking flights or hotel called DoNotPay (www.donotpay.com/travel) that may just solve the problem. The real beauty about DoNotPay is that it works AFTER you have booked your flight ensuring that you get the best possible deal on your flight.  Since flight and hotel prices change ...

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Are You Breathing Easier?

Have you ever heard of “Breathwork” or “Rebirthing”? I’ve been doing various forms of breathwork for years. The concept behind it is that when you breathe deeply and rhythmically you oxygenate the body and emotions, feelings and even beliefs that you no longer choose to keep are brought to the surface and released from your body and energy field.  It’s always best to do this with a coach that you trust because some of those emotions and feelings are ones that we’ve labeled bad and we don’t want to feel them. They are the ones that have been stuck for years in our sub-conscious mind.  When they come out, we have to be in a non-judgmental space so we can feel them fully, release them and let them go. We release them so we can Breathe Easier!! It’s kind of like looking at your financial situation. Sometimes we’ve avoided looking at our finances. We may have hundreds of thousands or ...

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Does Your Business Need A Buy-Sell Agreement?

Entrepreneurs are generally good at one thing when they start their business and that’s generating top line revenue.  Once they create enough top line revenue then they begin to think about how to drive bottom line profitability in their business.  As the equity value of the company grows, most owners never consider some very important planning items because they believe they are invincible.  What happens if my business partner(s) get divorced? What if they die?  What if they become disabled?  Do I want to be working with my partners kids or spouse?   One of the key considerations for most business owners is whether or not to get a buy-sell agreement and get key person insurance. A buy-sell agreement is a legal contract that provides for the sale of an owner’s stake in a business at a ‘trigger’ event.  The sale of an owner’s interest could actually trigger for many reasons including retirement, death, disability, divorce, bankruptcy, or even a conflict ...

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