4 Inspiring Figures Your Children Can Learn From

4 Inspiring Figures Your Children Can Learn From

As parents, we always aspire to motivate our children into reaching their potential and encourage them to go beyond what our generation has achieved, but it’s not always easy. Here at Kids Aint Cheap we believe that crucial values can and should be taught at a young age. But holding their hand as they learn is just the beginning.

Luckily, children often learn first from imitating and looking up to their peers and role models. Introducing positive influences, such as great men and women, not only encourages them to have goals but can inspire them to stay on a positive path to success. Below we have listed some of the great men and women of our time your children can learn from:

JK Rowling

Photo: Wikimedia.org
As massive Harry Potter fans, we wouldn’t miss an opportunity to celebrate how JK Rowling inspired a whole generation of children into reading and imagining a vast new world. As a true feminist, she made her female characters intelligent, opinionated, and independent. Rowling also overcame a lot of difficultly in her own life and wrote the first Harry Potter book when she was broke and a single mom. This shows how it is possible to turn a bad situation around and become successful.

Stephen Hawking

Photo: wikimedia.org

Stephen Hawking is one of the most important scientists in world history and his journey is an inspiration to everyone. A man with a single vision, Hawking devoted his life to understanding the universe. Despite being plagued by Amyotrophic Lateral Sclerosis (ALS) – a paralyzing and deadly condition where nerves fail to control muscles – Hawking showed the world that no amount of disability can stop a great mind. Both his work and life serve as an inspiration to all of us today.

Malala Yousafzai

Photo: Wikimedia.org

Malala Yousafzai is an inspiration to children because of how she stood up for what she believed in when she was just a child. Malala was shot in the head in Pakistan by the Taliban when she was just 15. Yet despite suffering a terrible injury she has continued to fight for those less fortunate in the world. In her most recent interview with NHK World, she talked about the refugee situation in Syria, and stressed that education is equally important for Syrian refugee children along with shelter, water, and food. A fact that is often being ignored by the world and needs to be addressed immediately. Save the Children reports that more than 11 million people have been forced from their homes in Syria with children being the most vulnerable. It is down to people like Malala that the world remains aware of what is happening in the country.

She was awarded the Nobel Peace Prize in 2014 for her contributions and became the youngest Noble laureate. Not only is Malala inspirational because of what she achieved after being shot, but also how she showed that young people can make a difference and should be listened to.

Nelson Mandela

Photo: staticflickr.com

The father of the anti-apartheid movement, Nelson Mandela was a South African revolutionary advocating for equality in skin color, social status, and nationality. Despite being persecuted and imprisoned, Mandela’s unwavering love for his people and country never ceased. When he won the election in 1994, he brought South Africa together to build a prosperous and inclusive society. He inspired people throughout the world to strive for peace and justice through Ubuntu (oneness in the world). In Mandela’s memorial service, US President Barrack Obama famously said, “[Mandela] not only embodied Ubuntu; he taught millions to find that truth within themselves”. His ability to forgive and move forward should be taught to all children.

Final thoughts

Every child has the potential to change the world and we, as parents, are just here to guide them. As Nelson Mandela once said, “Our children are the rock on which our future will be built, our greatest asset as a nation.”

5 Reasons Why You Should Invest In Property

The stock market might be what grabs the headlines, but have you ever considered investing in property? Hendersonville offers a variety of homes that would be perfect for earning you a long term real estate income. Not sure if property is where you should put your money? We have five reasons why it’s worth getting into real estate investments.

You Can Generate an Income

Whether you live in part of a property or not, you can always rent out some or all of the space to provide you with a steady stream of income. You can use it to pay off bank loans or, if the house is fully paid off, generate extra spending money.

Another advantage is that renting out a property can also form part of your retirement plan. If you handle your investment well, you’ll have additional income for when you retire and you’ll increase your general cash flow.

You’re More Likely to Get Money Back

As your property gains value over time, you’ll have a better chance to get more return on your investment as property values increase. This is called Capital Gains. This is why investment in property should be treated as a long term goal. You’re not looking at how much money you can make from it in the short term, you’re more concerned about maximizing your profit when you resell the property down the line.

You Get Tax Benefits

Investing in property has tax benefits in the form of depreciation. This means that as you pay off more of your loan, you have fewer taxes to pay on your investment. As a result of this, you can use some of your property expenses as a tax write off. If your property is fully paid off, you might not even have to pay tax at all.

You Have More Stability & Control

When you invest in a business, that company has control over how your money is used. You have control over how the business performs to ensure you get a good return on your investment. If the business fails, you might lose your investment entirely. In contrast, by investing in property you have more control. You have complete control over making decisions that can increase the value of the property, such as upgrading or renovating it, so you have a direct impact on the performance of your investment.

You Get Better Equity

Equity refers to the difference in the value of your property and your mortgage. The more equity you have, the higher your potential leverage is. As a result, you can use your equity to buy more investment properties and increase your potential payout and earnings. This means that you’ll enhance your cash flow without needing to use your own actual cash.

Final Thoughts

Before you consider investing in property, it’s important that you do as much research as possible. If you understand the property investment game, you’ll maximize your profit and even build up a sustainable retirement plan.

These reasons prove there are many benefits to investing in property. All you need to do is find the right area. There are homes for sale in Hendersonville that could earn you money. Why not check out the area and secure your future?

How to Budget for Your Next Car in 3 Steps

If you’re in the market for a new car, then you’ll want to create a budget, whether you’re saving up for the purchase, you’ve already got the cash handy or you’re going to need a loan. Here’s how to budget for your next car, no matter your situation.

Step 1. Create a Budget

The first step when creating a budget for your next car is to look at your current budget. Don’t have one? Now is the perfect time to start budgeting. A good way is to budget according to the timing of your wage. If your wage is paid fortnightly, then it’s a good idea to create a fortnightly budget. If it’s paid monthly, create a monthly budget. This simply makes the process a little easier. There are also many budgeting apps to help you.

Start by downloading a budgeting app, or create a humble spreadsheet and list all of your current expenses. Then open your online banking accounts and add in all of your expenses over the past fortnight or more and organise them into categories, such as home improvements/maintenance, work expenses, internet, groceries, etc. From there you will know exactly what you’re spending now and what you can afford to save.

Step 2. Consider Your Purchase

The next step is to pick your car. You’ll want to come up with a list of needs and potentially a list of wants (if your budget allows it). Do your research first and take a look at what vehicles on the market are currently selling for online and in your area. You’ll also need to decide whether you want to buy new or used. Buying used is always the better option on a budget but this is something you’ll need to decide for yourself. Create a list of cars that fit the bill (your needs and wants list as well as your budget).

Step 3. Budget Accordingly

Now that you know how much money you have left over each pay and you know what type of car you’re going to buy, you’ll need to budget accordingly. If you’re going to save up for a car, then you’ll need to create a budget to set aside money on a regular basis. You’ll also need to consider your timeline and how long you can realistically go without needing the new car. Will you be taking the bus to work? Or are you still able to get by driving your old car until you can afford to upgrade?

If you’re in need of a loan, then you’ll want to do your research and consider different lenders. It’s not always the best option to get a loan through your current bank or financial institution. Oftentimes, it pays to look elsewhere. You’ll also need to factor in the loan to your budget and come up with a payment plan. Don’t simply make the minimum repayments. You can always save a lot of money by paying more on top of the minimum repayments, so make sure you choose a loan that allows you to do this.

Is Property a Good Investment in 2019?

Image: Pixabay.com

The residential buy-to-let property market has proved to be a viable investment class over the years. However, since 2014, the property market has been very turbulent.

Many buy-to-let landlords continue to exit the market owing to the increased government taxes and stagnated yields. Also, the government has increased interest rates and reduced tax relief incentives for property investors.

It’s a jungle out there for investors, and as a result, buying property has been seen as a true test of the survival of the fittest. And this begs the question, “Is property a good investment in 2019?” Read on to discover.

Should You Invest in Property in 2019?

The answer is Yes if the property is good and the deal right. Buying an investment property in any given year can be lucrative if you:

  • Exercise due diligence
  • Negotiate hard on the purchase price
  • Take your time
  • Clearly evaluate the long-term aspects of the investment

While no one can tell with absolute certainty, how things will play out in 2019, a careful study of the housing market trends can give you valuable insights into what to expect. These marketing indicators will help you decide whether you should invest in real estate in 2019.

1. Housing Inventory

The housing market is subject to the market forces of demand and supply.

When there are fewer houses (low inventory levels), expect the prices to be higher since the demand is higher than the supply. When the number of homes for sale is high, the prices will go down because supply is typically more than the demand.

The good news is; inventory levels will remain low in 2019, making an investment in real estate desirable. However, homes are expected to increase in Boston, Seattle, and San Jose according to Forbes. To find where new home developments are located in Iowa, US, visit developingiowa.com.

2. Property Prices

Housing prices have been increasing steadily over the years, and this trend is expected to continue in 2019.

That’s bad news to investors. According to NAR, the national median existing-home price will increase by 3.1% in 2019 and the trend is expected to continue through 2020.

What does that mean?

If you’re considering purchasing a home now, you’ll only pay more if you continue waiting. For example, if a house is worth $200,000 now, you might buy it for $206,200 by the end of 2019 as the changes in prices take effect.

3. Mortgage Rates

The mortgage rates are on the rise. Over the past few years, the mortgage rates have been lower than they were during the recession, even below average considering the high economic growth the US has been experiencing.

However, the interest rates are expected to rise in 2019 all through 2020. Forbes projects that the 30-year fixed-rate mortgage might hit 5.8%.

What does this mean? The high mortgage rates might discourage people from buying homes. However, this might not be a deal breaker to those who survived the recession.

Wrapping Up

Before making the decision to buy property, it’s important to conduct due diligence to determine the viability of the investment. While buying property may be considered a solid investment by many people, some factors such as interest rates if overlooked can spoil the deal.

DeAndre Jordan’s Net Worth

DeAndre Jordan's Net Worth

With the 2019 NBA Lottery now over, teams will begin to line up their picks for the upcoming draft. The New York Knicks were hoping to have the number one overall pick and the opportunity to draft Zion Williamson; however, the basketball gods had other plans.

The Knicks landed with the number 3 overall pick in the 2019 draft. While there is some uncertainty as what rosters will look like for the next season, one thing is for sure, current Knicks’ player DeAndre Jordan has a high net worth. DeAndre Jordan’s net worth currently sits at $50 million.

Continue reading

The Worst Ways Having Bad Credit Can Hurt You

There’s a lot of advice that tells us to avoid getting bad credit at all costs (pun intended). And while it’s all good advice, we are more likely to be compelled to follow suit when we are made aware of the reason behind the guidance that’s being offered to us. After all, as thinkers, we aren’t simply beholden to the words of those who are perceived to know more than we do.

Continue reading

Green, New NYC Real Estate Bill Could Be The Most Disruptive in History

Is it any surprise that New York City real estate is the most coveted? The Big Apple is considered the commercial center of the world, and as Susan Paige states in her guide on real estate investing it is all about location. In order to be a good real estate investor though, you need to know the landscape, and for investors looking at NYC you need to be aware of the latest regulations. The NYC Council recently passed a nine-package bill called the Climate Mobilization Act that will affect the real estate market and it could be one of the most disruptive in history.

In a nutshell, it’s a long-term plan for the city’s 50,000 largest buildings to reduce their collective carbon footprint. Commercial Observer shares the vital details of the nine-bill act. One of the act’s main premises is a 2016 report from the Mayor’s Office of Sustainability, explaining how although the 50,000 largest buildings in NYC only account for 5% of its properties, they’re responsible for more than half the entire city’s energy consumption.

In an effort to mitigate this, commercial and residential buildings over 25,000 square feet must now meet new environmental requirements by 2024. Landlords must reduce the carbon emissions of their buildings by at least 40% by 2030, and 80% by 2050. Failing to adapt to the new environmental requirements by 2024 comes with a hefty $2.4 million annual fine. Here’s the rub: big-time real estate owners and developers have voiced opposition to the act. According to Real Estate Board of New York (REBNY) president John Banks, the act does not fully consider the repercussions of its requirements. Although REBNY will comply with the act, Banks had this to say: “The approach taken today will have a negative impact on our ability to attract and retain a broad range of industries, including technology, media, finance, and life sciences, that provide opportunity and continued economic growth that is so important for our city.”

Many other experts have voiced concerns over how the new environmental requirements will impact the city itself. Forbes got in touch with some of these experts to get their perspective on the matter. For instance, Energy Watch LLC chief operating officer Diana Sweeney said that NYC’s electricity grid might not be ready for the coming changes. Sweeney notes that one of the ways to comply with the new requirements is by switching to electric-powered heating systems. And the 50,000 largest buildings adopting such systems could cause a sudden spike in electricity costs for NYC residents. Compass broker Martin Eiden provides a succinct summation of the act’s effects: “good for the city and planet long term, bad for individual unit owners short term.” This is something to consider if you are thinking of buying property in New York.

There is some good news for developers. Even though the coming changes will entail a thorough overhauling of infrastructure, they will be considered alterations and not new developments which incur more expensive fees. Yoreevo explains that the NYC Department of Buildings will only consider a structure as a new development if alterations increase the floor area by more than 110%. The site also notes how a new development will force the owner to comply with current building codes, while alterations simply get implemented. It’s a small victory for developers. But if you consider the fact that the green, new, and mandatory alterations will cost the city billions, every penny saved counts.

Furthermore,The Real Deal explains that if owners are unable to meet the energy cut targets, the legislation actually provides alternate ways to comply with the requirements. This includes purchasing carbon credits, or renewable energy from the grid. New York as a location is changing and investors need to be aware of what’s happening in the city, to be able to make good investment choices.

Digital Tax: What Your Small Business Needs to Know

The digital age has posed major questions and considerations regarding the taxes corporations and small businesses alike should be liable for from their digital activities.

There has been much publicity surrounding major companies solely, or at least primarily involved, in purely digital activities as opposed to selling physical products such as Facebook and Google and their alleged tax avoidance methods.

Continue reading