A Step-By-Step Guide for Your Family’s Monthly Budget

Running a household is very demanding. You have to consider a lot of things: your children’s education, your needs, setting up an emergency fund and more. It’s difficult to find time to create a family budget, especially if at the end of the month, the money left in your pocket is less than what you expect. It is essential to check on your household finances and be honest about it, so you can do something about it.

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5 Benefits Of Controlling Your Finances

Money’s great to have, but it can be extremely stressful when you owe a lot or don’t know how much money you’ll need to get through the month. Often times, poor financial situations can be entirely avoidable. To dig yourself out of this pit, you need to make a comprehensive budget and take control of your finances! Here are the biggest impacts that controlling your finances will have on your life.

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The 3 Best Things About a Gym Membership

The 3 Best Things About a Gym Membership

It’s the time of year that the marketing gurus of fitness products and anything related to fitness are broadcasting out their ads. Buy this, buy that, join us, join this. This piece of equipment will help you shed 20 pounds in one month!

While all these ads are out there, I’ll explain to you the 3 best things about a gym membership from a guy who belongs to one and actually goes!

Best Thing About a Gym Membership #1

No investment in bulky equipment! Like most Americans, I don’t have the space in my home to dedicate to a full service gym. Unless you have at least a few hundred square feet to dedicate to an all out gym, chances are your areas are occupied with other items.

Sure bikes like a Peloton or an elliptical might claim to be “space saving”; however, the more equipment you add the more space you need.

Best Thing About a Gym Membership #2

The variety of the workout. This piggybacks off of the first point. The more machines you have and weights you have, the more space you need. A gym membership allows you to do a variety of cardio workouts as well as weight lifts.

Most gyms have a full set of dumbbells, benches and other weighted machines for one to use. My gym also offers cardio options such as stair steppers, rowing machines, ellipticals, bikes, and treadmills. Using the same piece of equipment each time you workout can easily get boring, but the variety of a gym allows you to workout as you please.

Best Thing About a Gym Membership #3

The low cost. Sure there are specialty gyms out there that charge upwards of hundreds of dollars a month, but places such as Planet Fitness start as low as $10 per month. For the gym I use, I pay $15 a month and have 24/7 access. I even worked out at my gym on Christmas Day!

What people want in a gym differs, but you can gain access to a quality gym at a low monthly price. It is often said that the biggest investment you can make is in your health.

Conclusion

We can all dream of fancy home gyms or expensive pieces of equipment, but in reality you don’t need much money or space to have a quality workout. Gyms aren’t for everyone, but for those thinking it could be, the new year might be a good time to try it out.

If reading this blog post makes you want to try your hand at blogging, we have good news for you; you can do exactly that on Saving Advice. Just click here to get started.

How Much Does an NHL General Manager Make?

NHL-general-managers

If you ask NHL team owners what they look for in a General Manager, they’re likely to say they look for strong leadership qualities, superb communication skills, and of course unbreakable commitment to win. These qualities are harder to come by than most people expect. For this reason, General Managers of ice hockey teams make sizeable amounts in take-home pay.  Continue reading

Best Real Estate Opportunities in 2020

The year 2020 approaches fast and with it many potential real estate investment opportunities. Since there are many places in the world where the potential for growth is real, we’ve assembled a shortlist of destinations for investors looking for new estate ventures. Together we’ll look at them as well as at what real estate investors believe about the real estate potential in certain areas.

Brazil

A big country with plenty of potential, especially when it comes to coastal areas like Fortaleza. Because it’s a top destination for both Brazilian and foreign tourists, rentals targeting the local holiday market had been earning an average 8% net yield. Brazil carries the advantage of having weak currency (approximately 3.8 reals for 1 US dollars) and in combination with good yields, this country might be an appropriate destination for real estate investors.

Thailand

Even though Thailand is well-known primarily for agriculture, its economy is perceived as strong and the tourism industry continues to expand along with it. Bangkok was the most visited city in the world in 2018 when it received more visitors than popular cities like Paris or London. There is one downside, though, because of restrictions placed on how foreigners can buy property.

Because of that, foreigners had been focusing on the condo market, given that there are allowed to own not more than 49% of the total area of the condo building. This type of construction is easy and cheap to manage as a rental than an individual property.

South Africa

We suspect the most developed African nation will continue to trend higher in 2020. Although the economic activity had been sluggish, interest rates had decreased, which supports first-time homebuyers to take a mortgage.

“South Africa will continue to be a major destination for both local and foreign real estate investors because of its strong regulation and potential for growth. With developed tourism and increased demand for small and medium houses, investors will be able to find plenty of new opportunities in 2020”,thinks Ofir Eyal Bar, a popular real estate investor.

Since we’re talking about the most important country in Africa, risk-averse investors will continue to search for opportunities and ignore the northern region, where countries are less developed, real estate liquidity is low and volatility very high.

Portugal

The residential real estate market in Portugal could be in the center of attention during 2020 for one particular reason: this is one of the few European countries where non-residents are allowed to get a mortgage. Because of that, property markets in the country had been moving up since 2015, placing Portugal among the best-performing markets in Europe.

According to Kathleen Peddicord, “some neighborhoods in Lisbon, for example, are now priced beyond what I believe makes sense for property investment. Other areas of this city, however, continue to offer good value and opportunity, especially if you’re up for a renovation project.”

She also recommends investors should focus on the lesser-visited areas along the Algarve coast and the region around Porto for the year ahead.

France

The uncertainty around Brexit had been favoring France, especially Paris since the city overcome London as one of the most popular destinations for big real estate investors. In addition, “we’re talking about another country where foreigners are eligible for in-country financing and interest rates for mortgages are less than 2% per year”, as Ofir Bar highlights, given the ultra-low monetary policy conducted by the European Central Bank (ECB).

Some could argue that economic activity is weak and the prospects for growth are limited, but another factor that could weigh heavily is the exchange rate between the Euro and the US dollar. The weakness of the Euro creates great opportunities for investors in the United States and that could act as a tailwind for the real estate sector in 2020.

Summary

The conclusion is that real estate investors around the world will be able to find plenty of new opportunities around the world. You should keep into account that the countries we’ve talked about are only a few of the options. Also, each investor should conduct his own research in order to assess all the potential factors that might have an influence on the real estate sector.

How I Save Costs as a Sports Fan

sports-fan-saving-costs

A study has found that being a fan of a professional sports team can cost you almost $ 86,453 over a lifetime. Fans of sports like football, motor racing or soccer can expect to pay over $1,294 a year for entry and entrance prices, transport and retail expenses. For some, the expense is even greater with more than a fifth reporting that they spend an average of about $267 a year. Continue reading