5 Important Factors To Consider Before Buying A New Car

More often than not, buying a new car, especially one’s first car, is one of the most important and the biggest decisions of one’s life. And just like any other important decision, before taking such a huge step, a careful consideration is important as is market research.

Today I will be sharing 5 important factors that should be considered before buying a new car to help you make an informed decision.

5 Important Factors To Consider Before Buying A New Car

1 Car Type

The first thing that you need to consider is need Vs want. You ming want to buy an SUV, but if you need is that if a small hatchback, then why waste money on an impractical SUV or maybe a shiny new sedan. Or maybe you simply need a practical second-hand station wagon instead of the new convertible that’ll definitely be difficult to park just anywhere.

2 Budget & Financing

The next thing on my personal list is financing. My father was a car collector and owned more than 12 luxury cars in his 60 years of life. The one thing I can tell you from my own experience (and his) is that the first thing you need to consider before buying a car (or anything that expensive) is to figure out your budget and the financing schemes and options available in the market. There might be a million schemes, of course, but you need to make an informed decision and consult a friend or a wealth manager and figure out the best finance scheme that would sit comfortably in your budget and that would easily accommodate the price of the car you’ve been eyeing. Or simply use a webiste like CarPaymentCalculator.net and use their features like ability to calculate car price that fits a monthly payment or loan payment amounts, printable amortization schedules, figuring your MPG, calculating your fuel budget, exploring the cost of underwater trade ins and saving money with biweekly payments.

You can even visit websites like NerdWallet or CreditKarma to better understand your credit scores and figure out the loan amount before actually applying for the loan.

3 Features & Technology

While it is important to know what kind of car you need, it is also important to know what features you want your car to have. For example, airbags, navigation, automatic windows and locking mechanisms, folding seats, air conditioning type, etc. These things also affect the cost of the car so it is always advisable to consider these things before you actually finalise the options.

4 Insurance Policy

Insurance policy and roadside assistance are major players when it comes to buying a car. You need to make sure that the insurance policy and assistance you are going for will cover the majority of the situations or scenarios that you might possibly get involved in. For example, if you are into a lot of road trips then make sure that you have complete roadside assistance and anti-theft and accidental protection as opposed to petty theft and damages.

Age and the premium amount that you are willing to pay, play a big role in determining the quality of your insurance policy so make sure to investigate thoroughly and do the required groundwork with your insurance agent before settling for an insurance policy.

5 Residual Value

While buying a car you don’t just have to think of the present but also the future, so thinking of what the car will fetch you after a couple of years if you decide to sell it off and go for another car is always smart. Some cars and models have a high residual value as opposed to others. If you are sure to not sell then this might not matter much, but most people upgrade their cars on a regular basis -especially keeping in mind the technological advancements, so it is always better to have the option of being able to sell your car in the future for a good price a good idea.

So these are some factors to consider before buying a new car. If you have anything more to add (there are many other things that have not been added in this article for the sake of brevity) then please feel free to share them in the comments below. We welcome all views and comments 🙂

Top 3 Strategise To Retire Comfortably

After having spent our entire lives studying, working and earning money, retirement seems to be like the light at the end of the tunnel for many, but for other, it can be a dark and cold cloud; it all depends on how you plan for it and how well you prepare.

Many people don’t have the habit of thinking ahead, at least not so far ahead that they start preparing for their retirement until it is too close. But this is where most people go wrong and hence, the dark and cold cloud lingers.

In order to have a comfortable and peaceful retirement, it is important to strategies and plan as soon as you can possibly begin, no matter how young or old you may be. Today, I am here with my Top 3 Strategise To Retire Comfortably which will offer you an insight into how you can start preparing for the sweet sixty (or fifty in case you retire at 50.)

Top 3 Strategise To Retire Comfortably

1. Invest Wisely

Investment is the one thing that will keep you happy and secure when you walk into your retirement. All the investments that you’ve invested in in your younger years will bear fruits once you retire. Therefore it is necessary to invest in notably affordable but smart investment schemes, possibly taking help with a financial advisor (in case if you lack the knowledge.) Make sure to invest not only in government but also in profitable private bonds and schemes too. And do not forget to invest in a good medical plans. Click here to find some great investment solutions in Australia.

2. Downsize Your Debts

Start downsizing or if possible finishing off your debts. You do not want to walk into your retirement with the worry of paying mortgages or to lenders once you stop working and earning. The lesser debts you have going into your retirement, the more peaceful and secure your retirement would be. So start now and work towards clearing off your debts.

3. Keep Your Insurances Updated & Renewed

Never default on your insurance, especially when you are near your retirement. Insurance companies always try to find loopholes in order to hold off your money, so don’t be naive or lazy and give them a reason to stop or delay your fruits of labour. Make sure all your insurances are repaid and renewed in time so that once your time of maturity comes, you can claim your money without any hassle.

So these are some tips on planning an easy and comfortable retirement. There are many more ways in which you can make your retirement a comfortable experience for not only yourself but also for your family, but this is a great place to start. Start now, start small and slowly and steadily build from there. It would be far better than not having prepared for your retirement at all.

If you have any more suggestions to add to this list then do let us know in the comments below.

5 Tips To Make A Great First Impression With New Clients

“First impressions matter. Experts say we size up new people in somewhere between 30 seconds and two minutes.”
– Elliott Abrams

When it comes to making a sale and developing long-lasting relationships with your clients, one must make sure to present their best self to create not only an impressive but also impactful first impression. Your first impression of a client will most likely be the deciding factor whether the client chooses to go ahead with you or your business or company or not. And as you already know, this choice would be detrimental to your as well as your business/company’s growth.

But how can one make sure to put the right foot forward when it comes to making a great and long-lasting first impression with new clients? Read on to find out my 5 tips to make a great first impression with new clients.

5 Tips To Make A Great First Impression With New Clients

1. Research Your Client In Advance

A little research on who your client is and what their general business model or style is will help you figure will go a long way. It will not only give you an advantageous starting point but will also help you in steering the conversation in the right (or fruitful) direction. Spending some time in finding out about your clients’ needs will help you in presenting yourself in a better way because you will already know what is it that they are seeking. New clients welcome eager candidates and always appreciate the work you will put into the research.

2. Be Punctual

Never be late for a meeting! Ever! This is the unspoken rule of any client meeting, new or old. If you are late to your first meeting with a new client the message that you send across is that you are unreliable and that is never a good way to start off a meeting with someone who can cost your business. So always be on time, better yes, be 10 minutes early. Spend that time going over your notes for the meeting and giving your client research a quick once over. You can also use this time to calm your nerves by doing some breathing exercises as it will help you put forward a relaxed posture.

3. Be Polite

Always be polite; not too over-friendly and loud or too reserved and intimidating. Try to develop a cozy rapport with your client and a smooth rhythm that will instantly put your client at ease. This will be very crucial as the first 5 minutes of the meeting will set the tone for the rest of it. So make sure you are polite and greet them with the required curtesy, a firm handshake and a confident smile on your face.

4. Be A Good Listener

Don’t just talk, give your client enough time to share their ideas, vision and goals with you. Try to understand what they say and go ahead according to what they tell you. After sharing the details of your proposal always give enough time to and encourage your client for asking questions or doubts they may have regarding your presentation. Listen to those concerns and try your best to answer their queries with as much assurance as you can. This will give your client the much-needed confidence to go ahead with you or your business thinking that your customer service will be reliable.

5. Focus On Your Body Language

Be relaxed yet attentive. Smile and nod often. Don’t come off as either too eager to please the client or too off-putting. You have to maintain a straight-backed yet forthcoming posture, letting the client feel relaxed and comfortable in your company. The client needs to feel at ease while talking to you and should be able to trust you and what you are trying to see (whether it is a product or a service or an idea.)

So these are the ways in which you can make a great first impression with new clients. If you have any more tips or some experiences related to this then feel free to share them in the comments section below!

5 Important Laws In The US

Amidst the raging war between Russia and Ukraine, it makes one wonder about where the world is headed, socially as well as politically. When we look at the horrible images and videos continuously running on the channels covering the ongoing war, it makes us question what humans can be reduced to – practically nothing.

In times of such uncertainty, I have been thinking about the laws and bills that keeps a country going and helps the governments make their people feel safer if not entirely safe. Here is a list of the 5 most important laws in the US that played a key role in stabilising US as the world’s leading country as it is today.

5 Important Laws In The US

1. Civil Rights Act (1964):

In 1964, Congress passed Public Law 88-352 (78 Stat. 241). The Civil Rights Act of 1964 prohibits discrimination on the basis of race, color, religion, sex or national origin. Provisions of this civil rights act forbade discrimination on the basis of sex, as well as, race in hiring, promoting, and firing.

The Civil Rights Act of 1964 is a landmark civil rights and labor law in the United States that outlaws discrimination based on race, color, religion, sex, national origin, and later sexual orientation and gender identity.

If you need Civil Litigators, then visit Wade Law Group: https://wadelitigation.com/civil-litigation/

Source - https://www.dol.gov/agencies/oasam/civil-rights-center/statutes/civil-rights-act-of-1964 & https://en.wikipedia.org/wiki/Civil_Rights_Act_of_1964

2. Voting Rights Act (1965)

This act was signed into law on August 6, 1965, by President Lyndon Johnson. It outlawed the discriminatory voting practices adopted in many southern states after the Civil War, including literacy tests as a prerequisite to voting.

The Voting Rights Act of 1965 is a landmark piece of federal legislation in the United States that prohibits racial discrimination in voting.[7][8] It was signed into law by President Lyndon B. Johnson during the height of the civil rights movement on August 6, 1965, and Congress later amended the Act five times to expand its protections.[7] Designed to enforce the voting rights guaranteed by the Fourteenth and Fifteenth Amendments to the United States Constitution, the Act sought to secure the right to vote for racial minorities throughout the country, especially in the South. According to the U.S. Department of Justice, the Act is considered to be the most effective piece of federal civil rights legislation ever enacted in the country.[9] It is also “one o…

Source - https://www.archives.gov/milestone-documents/voting-rights-act#:~:text=This%20act%20was%20signed%20into,as%20a%20prerequisite%20to%20voting & https://en.m.wikipedia.org/wiki/Voting_Rights_Act_of_1965

3. Medicare and Medicaid acts (1965)

On July 30, 1965, President Lyndon B. Johnson signed the Medicare and Medicaid Act, also known as the Social Security Amendments of 1965, into law. It established Medicare, a health insurance program for the elderly, and Medicaid, a health insurance program for people with limited income.

The Social Security Amendments of 1965, Pub.L. 89–97, 79 Stat. 286, enacted July 30, 1965, was legislation in the United States whose most important provisions resulted in creation of two programs: Medicare and Medicaid. The legislation initially provided federal health insurance for the elderly (over 65) and for financially challenged families.

Source - https://en.m.wikipedia.org/wiki/Social_Security_Amendments_of_1965 & https://www.archives.gov/milestone-documents/medicare-and-medicaid-act#:~:text=On%20July%2030%2C%201965%2C%20President,for%20people%20with%20limited%20income

4. National Defense Education Act (1958)

The National Defense Education Act of 1958 became one of the most successful legislative initiatives in higher education. It established the legitimacy of federal funding of higher education and made substantial funds available for low-cost student loans, boosting public and private colleges and universities.

The National Defense Education Act (NDEA) was signed into law on September 2, 1958, providing funding to United States education institutions at all levels.[1] An Act to strengthen the national defense and to encourage and assist in the expansion and improvement of educational programs to meet critical national needs and for other purposes.

Source - https://en.m.wikipedia.org/wiki/National_Defense_Education_Act & https://www.senate.gov/artandhistory/history/minute/Sputnik_Spurs_Passage_of_National_Defense_Education_Act.htm

5. Economic Recovery Tax Act (1981)

The Economic Recovery Tax Act of 1981 (ERTA) was the largest tax cut in U.S. history. Signed by President Ronald Reagan about six months after he took office, ERTA slashed the top income tax rate and allowed for faster expensing of depreciable assets.

The Economic Recovery Tax Act of 1981 (ERTA), or Kemp–Roth Tax Cut, was an Act that introduced a major tax cut, which was designed to encourage economic growth. The federal law enacted by the 97th US Congress and signed into law by US President Ronald Reagan. The Accelerated Cost Recovery System (ACRS)[1] was a major component of the Act and was amended in 1986 to become the Modified Accelerated Cost Recovery System (MACRS.)

Source - https://en.m.wikipedia.org/wiki/Economic_Recovery_Tax_Act_of_1981 & https://www.investopedia.com/terms/e/economic-recovery-tax-act.asp#:~:text=The%20Economic%20Recovery%20Tax%20Act%20of%201981%20(ERTA)%20was%20the,faster%20expensing%20of%20depreciable%20assets

I hope this article will provide you some insight into the fundamental laws of the US and how it sets it apart from other countries.

Things To Consider Before Applying For A Mortgage

A mortgage is a way to use one’s real property as a guarantee for a loan to get money. Real property can be land, a house, or a building. Many people do this to buy the home they use for mortgage: the loan provides them the money to buy the house and the loan is guaranteed by the house. And in order to make sure that you can easily and hassle-free apply for a mortgage, especially in the post COVID condition, here’s a list of things to consider.

Things To Consider Before Applying For A Mortgage

1. Budget Considerations

If you want to qualify for a mortgage and avoid unnecessary hassle and scrutiny (and not to forget unnecessary stress and embarrassment) then it is a good idea to make sure that you get it on your first application itself. And that can be achieved by knowing your budget limits or constraints before even thinking of applying for the mortgage.
You can check out the latest Money Rates at Wall Street Journal website. You can also check out the Mortgage Affordability Calculator at Mortgage Calculators.

2. Debt-To-Income Ratio

There’s nothing more unappealing than a bad debit-to-income ratio especially when you are planning to apply for a mortgage. So try your best to get it under an acceptable limit and then apply for the mortgage. This makes sure that you won’t be rejected.

3. Downpayment

Mortgage lenders love a big downpayment, so the easiest way to lure them in (and also to think about your future, it would be better if you do this) – pay a high downpayment. It not only provides your profile a credibility but also helps you in the paybacks in the futures.

4. Credit Score

Boost your credit score by paying of your previous EMIs on time and by not defaulting under any circumstance. If you credit score is below a certain range then it shows up on your profile and chances are you won’t be entertained by the respectable money-lenders at all. SO make sure that before you go about trying to find the perfect money lender for your mortgage, first clean up your credit score. It will greatly improve your chances.

5. Documentation

Be ready with all the documentation. You need to make sure you have the following things in place before you even consider taking a mortgage:

  • Your ID
  • Social Security Number & proof
  • Pay slips of last 30-60 days
  • I-9 from the last 2 years
  • Proof of any other source(s) of income
  • Federal tax returns
  • Recent bank statements
  • Details of long-term debits
  • All property-related documentation

Vampires Or Zombies?

Being a supernatural genre fan I am big-time into zombies as well as vampires (but if I’m being honest I am little biased towards zombies.) Anyway, so I’ve been trying to catch up all the zombie and vampire movies on Netflix and that got me thinking that I should do a post on it to keep a track of the movies I’ve watched so far, and keep returning to, on Netflix.

So here’s my list of 5 zombie movies that I like to re-watch every time I crave for some zombie action:

1. World War Z

Former United Nations employee Gerry Lane traverses the world in a race against time to stop a zombie pandemic that is toppling armies and governments and threatens to destroy humanity itself.

2. 28 Days Later

Four weeks after a mysterious, incurable virus spreads throughout the UK, a handful of survivors try to find sanctuary.

3. Cabin Fever

Five college graduates rent a cabin in the woods and begin to fall victim to a horrifying flesh-eating virus, which attracts the unwanted attention of the homicidal locals.

4. Dawn Of The Dead

A nurse, a policeman, a young married couple, a salesman and other survivors of a worldwide plague that is producing aggressive, flesh-eating zombies, take refuge in a mega Midwestern shopping mall.

5. Zombieland

A nurse, a policeman, a young married couple, a salesman and other survivors of a worldwide plague that is producing aggressive, flesh-eating zombies, take refuge in a mega Midwestern shopping mall.

As I said, I’m biased towards Zombies, so I’d recommend reading this post if you want to know which Vampire movies to watch on Netflix: Vampire movies on netflix.

Do share your favourite Zombie/Vampire flicks in the comments below!