How To Cope After Being Laid Off From Work

Getting laid off or dismissed from service is one of the worst nightmares of every working adult. While you may diligently perform your functions, circumstances outside of your control may lead to you losing your job. It could be for financial reasons, because of a manager out to get you, or a global pandemic. While this is not the general rule, undoubtedly, some employers just think that their employees are dispensable members of a totally replaceable workforce. More so, there are cases where employees get injured and are fired when they return to work. That got them asking, “Can I be laid off while on workers compensation

This is why employees should always be vigilant in protecting their rights. Though the laws are generally in favor of the workforce, it’s always better to protect your own interests and know your local laws. Aside from that, it’s also essential for employees to learn how to save and invest. Cliche as it may sound but it’s true that you have to save for the rainy days. When you get wrongfully terminated, you can fight your case and win in court, however, that may take time. You need to survive and pay your bills while fighting your legal battle.

Save as much as you can

Whether you’re fully-employed, in danger of getting terminated or are thinking of resigning, you need to save money that would last you two to three months of being unemployed. This means that you need to have enough money to pay for your bills and leave comfortably for two to three months. This will give you a reasonable time to fight your cause and look for another job.

Saving up for this moment in your life should start the moment you took the job. If you save even a little of your monthly income, over time, you’ll see that you’ll have enough money to cover for emergency expenses. You can also invest what you save monthly to grow it passively.

Check your benefits and claim it

If you’ve been wrongfully terminated, the right to do is to fight for your rights. You can ask the help of a labor lawyer to establish your causes of action. However, if the company implemented a legal lay-off, then, the soundest option there is to accept the decision and move on by looking for better job opportunities. Before you leave, check what benefits you can claim.

If you’re not fully aware of all your benefits, you can speak with your company Human Resources Department (HRD) and talk about the following:

  • Ask for your severance pay, along with your eligibility for unemployment insurance, pension benefits, sick and overtime pay, and accrued vacation. If you didn’t lose your job because of your fault and you satisfy all the eligibility requirements, then there’s no reason why you can’t receive unemployment compensation.
  • Since severance packages are negotiable in most cases, take this chance to ask for more than the company’s standard offer.
  • Request your HRD for information on how you can continue with your life and health insurance benefits.
  • Check for options wherein you can handle your own 401(k) pension plan.
  • Inquire about any outplacement resources and request for a reference letter.

Plan your job search

To get back on your feet, you need to find another job immediately. But before that, check if you can claim unemployment benefits from your state. This will help augment your savings to pay for your monthly expenses. The benefit can also help get you ready for another chapter of your life.

If you can’t find a full-time job immediately, you can consider freelancing, part-time gigs, or a temporary position in the meantime. The money you’ll get from these gigs can help you survive until you land another full-time and better-paying job. If you’re gutsy, you can even start your own startup business. There are companies that grant loans for those who want to start a business.

Getting fired is not something an employee would wish for, however, if it’s inevitable, you must know that it’s not the end of the world. With a little bit of sacrifice, a conscious effort to get employed, and a decent amount of savings, you can get through the unemployment phase unscathed.

How to Transition to Green Technology and Save Money

Green technology is nothing new, but many homeowners are kept in the dark about the value it brings in terms of cutting energy costs. Many more are reluctant to make the transition toward clean energy because of the upfront costs. Still, there’s no denying that green technology can save homeowners a fortune in the long-term, starting with the tax credits they can earn by adding sustainable energy features to their home.

People have the impression that it’s easier and cheaper to construct a home already outfitted with green features then to add these features to a pre-existing or newly purchased property. In actuality, making the switch to green technology on an existing property can be less costly as long as the right approaches are applied.

Here are a few things to keep in mind as you switch to clean energy.

  1. Know how much energy you consume

The first thing you will have to do is to get an idea of your current energy consumption. This will help you set the proper benchmarks or targets you should be aiming for to gradually decrease your energy spending. You may want to request that the Environmental Protection Agency provide you with a report of how much power you consume based on your home’s location.

  1. Pick the right strategy

Once you have already mapped out your energy consumption rate and set a workable monthly goal, you now have to choose which green technology will best fit your current needs. There’s always the option of installing a solar system, but there are various other choices you can explore, such as wind turbines and hydro-power facilities. The best way to look at your options is to ask an accredited green energy contractor to help you make the right decision.

  1. Find a good service provider in your area

When it comes to switching to green power, it’s always best to look for a contractor that already has a proven track record in helping homes lower their energy costs through eco-friendly alternatives. For this, opt for service providers in your community who can hook you up with a green energy program you can work with. There are a lot of electricity providers in Texas or any other state that specialize in green technology at the best possible rates, so start looking for one.

  1. Get suggestions from your community

If you are living in a neighborhood that’s committed to green living, make sure to ask for suggestions on the types of products you might want to use. You might also need to know if the community itself has specific policies when it comes to green technology, so don’t be hesitant to ask around. That way, you can make the transition less complicated for yourself and, more importantly, avoid possible ordinance violations and legal risks.

  1. Adopt a green lifestyle

Often, transitioning to green technology is a matter of choice. Certain habits can influence the amount of energy you consume, so be sure to adopt only those that can help you attain a green lifestyle. Keeping your home well ventilated and using energy-efficient appliances and programmable thermostats can make as much of an impact as installing solar panels – at a lower cost, of course.

As you can see, switching to green technology for your home isn’t so hard. You just have to have the right mindset.

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.

Legitimate Ways To Make Money Online

Yes, you read that right. While your reasons for wanting to leave the 9-to-5 life may vary, one of the things that people venturing out on their own have in common is the fact that they all want to be able to find a sustainable and legal way to make money online. After all, who doesn’t want to have complete control over their time at the convenience of their home?

But, earning money online is not as easy as it sounds. The primary danger here lies in the fact that there isn’t a guarantee that you’re going to earn money on a regular basis. The real danger here is in giving up a stable source of income for one that may not even support your needs.

But, despite the inherent risk involved with trying to make a living online, those who are able to make it work get to enjoy freedom from the tedious corporate environment. This freedom is what makes establishing a source of income online worth it. There are many options to choose from and knowing what these options are will help you to plan out your strategy.

Blogging

Blogging gives you online exposure and it is the foundation of any online business. It is also a great way to provide a platform through which you can engage with your would-be clients or customers. You can work with affiliates through your blog. A well-built website is also going to get a lot of traffic.

Online Surveys

Despite the skepticism surrounding online surveys, there are a few that do actually pay. Paid surveys are not only an easy way to earn money online, they are a good way for brands to get the opinion of their customers to learn how they can further improve their products.

Freelancing

If you have a set of skills and knowledge that you can use to help other people with their work, then signing up on a freelancing platform such as Upwork or Fiverr is going to help you get in touch with these prospective clients. If you’re skilled in your craft, then you can find a stable source of income with the right clients.

Stock Photography

You might be surprised that the demand for high quality stock photography is high. Because of this, there’s a very good chance that your photos are going to be bought, especially if they’re of the highest quality. The best part about it is that you don’t necessarily need the most expensive equipment to snap really good pictures. Most flagship smartphones take really good photos.

eBook Publishing

 Those who have a flair for writing as well as expert knowledge in a particular field of study are going to find a good source of passive income if they are able to write a good quality eBook. This work is best paired with a blog to help maximize the exposure of your eBook.

While there are indeed many more ways to make a living online, these are by far the most reliable ones. As a general rule, you have to make sure to minimize risk. That means that you should secure your source of online income first before leaving your day job. It’s also important to be able to save money when you can. It’s going to be difficult working both jobs, but it’s also the safest way.

The New Popeye’s Spicy Chicken Sandwich Review

Popeye's Spicy Chicken Sandwich
Popeye’s Spicy Chicken Sandwich

While food is most likely the last thing on the mind due to yesterday’s Thanksgiving feast, I think it is worthy to give a review of my most recent food conquest.

There has been a lot of news recently about the Popeye’s spicy chicken sandwich. Many have compared it to the gold standard, Chick-fil-A. There was a national shortage of Popeye’s spicy chicken sandwiches for a while, but they have restocked and are serving throughout the nation.

First Impressions

Upon pulling back the paper the first thing I noticed was the size of the chicken in comparison to the bun. It was of ample size and filled out the bun nicely. I could also visually see what I was about to sink my teeth into: warm bun, fresh pickle, spicy mayo, and a crunchy piece of chicken.

For the overall look of the sandwich, I would rate it a 9/10.

Tasting Notes

The first bite came and went. Then the second, and third. What I noticed was that the taste was consistent throughout. The taste was good. I consider myself a fan of spicy cuisine, and this sandwich did not disappoint. The sandwich had the right amount of spice to keep me reaching for my soda, but not an unbearable amount where I was hyperventilating.

The quality of chicken used was something else I noticed. It was of exceptionally high quality. The meat was tender and juicy, while providing enough protein to satisfy my carnivorous habit.

For the tasting notes, I also give it a 9/10

In Conclusion

While many try to compare the new Popeye’s spicy chicken sandwich to a Chick-fil-A sandwich, the two are really not comparable. Their taste are completely different. I love a good spicy Chick-fil-A sandwich. I know that I will get a consistent satisfying experience each time. It’s less messy than the Popeye’s chicken sandwich.

When people are comparing the two sandwiches, I’d say the most comparable aspect is the quality. Both companies use a quality chicken breast to compliment their sandwiches. Although I still think Chick-fil-A will be my go to place for a chicken sandwich, I would not hesitate one bit about eating another Popeye’s spicy chicken sandwich.

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.

Should You Invest in a Single or Multi-Family Rental Property?

As a real estate investor, one of the first decisions you need to make is whether to purchase a single or multi-family rental property. While both options offer a reliable income stream, you may decide that one feels like a better fit for you.

To aid you in the decision process, we’re discussing what to expect when purchasing a single-family versus a multi-family investment property.

Why Invest in Single-Family Rental Properties?

The first and most obvious reason many investors opt for single-family homes is that they usually have a lower price point than multi-family properties. This makes it much easier to save up for a down payment, get approved for mortgage financing, and purchase your first investment property.

Single-family homes also offer flexibility when it comes to leasing. There are two primary ways in which single-family homes can be offered to potential tenants. First, you can lease the entire property to an individual, family, or group. You can also rent out each bedroom within the home separately (say, to different college students on individual leases). If you rent to multiple people on one contract, there is a risk of having an empty home if you can’t immediately fill a vacancy after tenants give notice. In this case, you would be responsible for covering the mortgage and any utilities until you find a new renter. You must also pay for any advertising you need to find potential tenants.

Another advantage of investing in single-family rental properties is that they are relatively easy to manage on your own. However, if you’re just starting out as a real estate investor, you may still want to consider partnering with a property management company. A manager can help you handle tenant relations, property maintenance, and more while you focus on building your portfolio.

Why Invest in Multi-Family Rental Properties?

Because multi-family investment properties are larger than single-family homes, they tend to cost more upfront. This means that you’ll need to borrow more and save up a higher down payment for your purchase. While multi-family properties might be more expensive to purchase, you’ll likely see higher profits down the road because you can rent out each unit separately. This might also provide more financial security since it’s less likely that everyone in the building will move out at the same time.

Despite better opportunities for income and greater financial security, there are a few downsides to purchasing a multi-family property. First, you’ll likely have to spend more time and money on advertising efforts to ensure you can fill every unit in your building. You may also have higher repair and maintenance costs, as larger properties have a greater potential for issues.

Landlords of multi-family buildings must also dedicate a significant amount of time to tracking down rent payments, advertising available units, and generally managing an investment property. If you’re looking for something that feels like passive income, a single-family home might be more appropriate. However, you can also hire a property manager to handle the daily ins and outs of your multi-family building.

Financing Your Investment Property

If you’re looking at multi-family buildings with four or fewer rental units, you can apply for a conventional mortgage loan. However, if the properties on your radar have five or more units, you’ll have to apply for a commercial loan.

While some lenders enjoy providing loans for multi-family properties due to financial security, other lenders are more conservative. Hesitant loan officers may sneak in restrictions when underwriting the loan. Therefore, if you decide to purchase a multi-family property, it’s wise to shop around for a mortgage package before making an offer.

Ultimately, both types of rental properties have their benefits. As a real estate investor, you may decide it’s worthwhile to diversify your portfolio by investing in both single and multi-family rentals.

Mega-Merger of Barrick and Newmont Could Generate a Divestment Free for All

Gold prices are grinding higher, as the dollar remains soft. This comes in the wake of Fed Chair Jay Powell’s Humphrey Hawkins in front of both houses of Congress. He continued to keep to the script discussing the need for patience. He also said that the runoff in the Fed’s balance sheet, which has had a tightening effect, would end in 2019. While prices have been rising slightly, merger and acquisition news hit the tape.

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Tips for Having a Budget-Friendly Vacation

Budget-Friendly Vacation

You do not have to let cost stop you and your family from enjoying a vacation. It is possible to have a great family vacation on a budget. There are several ways that you can cut your travel expenses without cutting back on fun and adventure. Here’s how:

Rent an RV

If you and your family travel frequently, then renting an RV can potentially help you save thousands of dollars per year. Your RV is your home on wheels, so you will not have to get a hotel room. For less than the cost of comparable accommodation, you can opt for a stay at an RV resort in San Diego or other in-demand destination cities. This lets you and your loved ones enjoy the perks of a standard hotel resort without the high cost. Furthermore, an RV also comes with a kitchen, so you can cook meals instead of eating out. Traveling in your rented RV is also likely to cost less than getting plane tickets for everyone going on the trip.

Look for Free Things to Do

The entertainment is one of the main things that can make a vacation expensive. One of the keys to having a budget-friendly family vacation is to look for free things to do. Public parks and beaches are examples of places that you can go for free. Most museums are free at certain times. It is a good idea to find out about the free things to do in the area before you go to your destination.

Travel During the Off-Season

Summer is the most popular time of the year for families to travel. The children are out of school, and parents are able to get time off from work. However, this is also the most expensive time of the year to travel. If you can travel during the offseason – fall, winter, or early spring – then you will be able to save a lot of money.

Collect Things Instead of Buying Them

Everyone wants to have souvenirs from their trip. However, you do not have to spend money on souvenirs. You can collect things instead of buying them. For example, you can collect seashells at the beach. You can also collect maps from the tourist offices.

Use Coupons

Many restaurants and attractions have discounts at various times of the year. You can take advantage of these discounts by using coupons. Groupon is a place where you can find coupon deals. You can also find coupons by directly visiting a company’s website.

Select a Nearby Destination

You do not need to go far to have a good time. There are likely a lot of fun places within a short drive from you. If you choose a close destination, then you can save money on gas. You will also be able to save money on the activities that you do with your family.

Use a Gas Finder App

The amount that you pay for gas will depend on the gas station that you buy it from. Even if you are only able to save a few cents, this can add up. You can use a gas finder app to find the cheapest gas station in your area.

It is possible to travel with your family on a tight budget. You can cut your travel costs by renting an RV. You can also travel during the off-season and select a nearby destination. Looking for free things to do and collecting free items are other ways that you can save money. Additionally, you can use a gas finder app. There are many ways to pull off a budget-friendly vacation, it’s just a question of which ones to choose.

Focus on Results: Where to Spend Resources for Maximum Gain

When you’re running a business, working in any kind of managerial role, or simply taking decisions on behalf of one, you have a crucial task of choosing where to spend resources to get the best results for the smallest investment possible.

One example is being entrusted with the resources of a marketing agency. Those resources might literally be money, work-hours of the team you’re managing, the reputation of your company, or even personal favors built up over time.

You need to make shrewd use of these resources, putting them into projects that bring in a bigger return. This doesn’t just mean profit. One of the most important things you can do is to start recognizing more indirect gains – from building a reputation for quality with your customers, spending money to build in risk avoidance systems that reduce loss from future projects, and avoiding false economies. Seeing the bigger picture is vital as you rate your decision making and account for it in front of others.

One of the most important factors at work here is the use of data to inform each decision you make. Using research on your own company as well as from market research agencies such as Attest, you can approach choices with confidence about what your consumers want, the extent to which they’ll trust your brand, and exactly what you can do to get it to them.

It ensures you’ll avoid problems such as over-promising. This can cause long-term harm in your company, losing trust and driving away loyal, repeat customers that success is founded on. With good data, you can start to predict the outcome of your choices – allowing you to steer towards good results and away from bad ones.

It’s important that your research and data gathering looks back as well as forward. Don’t just walk away from a project, especially if it’s gone badly (or at least, not as planned). Review your decisions, look at where your expectations differed from reality and try to work out why.

You might need to make some personal changes if your preconceptions are causing to allocate resources wastefully, or change your data gathering and analysis techniques to better your ability to predict how your choices will turn out and make sure you’re making the right ones.