Posts tagged with "money"

Bitcoin, Vaughn Lowery, 360 MAGAZINE, szemui ho

Blockchain Transaction Times vs. Money Transfers: Blockchain Continues to Dominate

The blockchain execution time for transactions continues to dominate bank and money transfers. Data gathered by LearnBonds.com reveals the execution time for the top five cryptocurrencies from 2019 to 2020.

From the data, Bitcoin’s average transaction execution time between January 2019 to January 2020 was 10 minutes. The maiden cryptocurrency recorded the quickest transaction time in May at 8.421 minutes.

On the other hand, Ethereum recorded a 27 times quicker transaction time with an average of 0.22 seconds, a difference of 97% compared to Bitcoin.

Bitcoin’s fork Bitcoin SV recorded an average transaction time of 10.37 minutes. Another fork, Bitcoin Cash has an average transaction time of 10.2 minutes.

Ripple’s XRP remains the leader

XRP was the top cryptocurrency with the highest transaction times. On average, the token’s transaction confirmation time was about 3.8 seconds, it is 157 times faster compared to Bitcoin’s average transaction confirmation time.

XRP’s proposition is to power instant cross border payments and reduce costs. Generally, normal wire transfers and bank money transfers are costly and take longer before being executed. As per the report:

“Wire and bank transfers still have a long way to go. Bank wires can take up to five days for cross border transactions while domestic transactions last about 24 hours without factoring in delays like holidays and weekends.”

Notably, XRP‘s 50,000 transactions per second has surpassed VISA’s 24,000 transactions per second.

The full story, statistics and information can be found here: https://learnbonds.com/news/blockchain-transaction-times-vs.-money-transfers-blockchain-continues-to-dominate/

360 magazine, save money, money, Alejandra Villagra

How to Save Money For What You Really Want

Whether you are looking to save money in order to clear your debt, purchase a new car, put a deposit down on a new home, stage the perfect wedding,or go on the vacation of a lifetime, these simple budgeting tips will help you save money. It might seem difficult at first, but the key is to look at it as a spending plan rather than a restrictive budget. You will not be quitting spending completely, instead you will be prioritizing some financial goals over others.

Make a Budget

A popular budget that many people use to save money is the 50/30/20 budget. 

  • 50% of your post-tax income is used for necessities.
  • 30% is devoted to things you want.
  • 20% is stowed away in savings.

If you stick to this spending plan, you should be able to save a lot of money over the course of a year.

Use Digital Tools

There are lots of apps out there to help you budget. Some banks automatically transfer money from your checking account to your savings account each time you spend. You will not even notice that the money is gone until you start to see your savings grow. This is great because it allows you to save money with the minimum amount of effort. 

Collect Your Change

Empty your pockets when you get home each day and put the coins in a money box. Checking down underneath the cushions on the sofa, or underneath your car seat are also great ways to help fill your pot.

Cut Down on Expensive Clothes

It is possible to spend vast amounts of money keeping up with the latest trends in fashion. However, the clothes are often overpriced and tend to go out of style very quickly. It is okay to splurge on something you really love occasionally, but for the most part you can get high quality clothing at sites like this for a fraction of the cost.

Plan Major Purchases

Always plan to make major purchases, such as household appliances, furniture, computer equipment or cars, during annual sale periods. Post-Christmas, January sales and Black Friday events are perfect for this. Another underappreciated tip is to wait two days before making a purchase, even after you have decided on which product you are going to buy. This helps prevent buyer’s remorse.

Remain a Stranger to Online Stores

A great way to limit the amount of money you spend online is to opt out of creating online shopping accounts. You are much less likely to make impulse buys if you are required to go through the arduous process of filling out all of your personal data and billing information each time you click through to the online checkout.

Make Your Own Gifts

The cost of buying birthday, Christmas, anniversary, and wedding presents for all the various people in your life can really add up fast. It is not only much more economical, but it is usually seen as more thoughtful and caring to make your own gifts to give to loved ones. Even if you don’t spend a lot of time creating arts and crafts, sites like this can give you the inspiration you need to make a great gift.

360 MAGAZINE , Vaughn Lowery

The Truth About Tribal Lending

Each of us is familiar with tribal loans. This type of loan has gained immense popularity among the middle-income population. Also, the financial market is filled with a large number of organizations that specialize in the issuance of tribal loans. This situation is easily explained by the fact that these companies have a very significant percentage for the services provided. So how can one choose from a variety of proposals that will allow you to borrow money safely and to protect yourself from the debt hole?

What are Tribal Loans

The history of tribal loan development goes far into the past, where the main purpose was to provide timely credit to the poor. It was believed that if a poor person was provided with financial support, then they can be encouraged to create own business, which would lead to the creation of new jobs and help eradicate poverty.

To date, many microcredit organizations do not pursue such a global goal. The amount of money provided is given to the borrower at a high-interest rate. Thus, talking about tribal payday loans, they foresee the provision of small amounts of money at a certain percentage for a short period. 

Before signing a loan agreement, each borrower must know and understand that this type of product has both positive and negative sides. There is no doubt that this type of product is especially beneficial for young entrepreneurs who can return funds in a fairly short time.

Besides that, the advantages of tribal loans include the following:

  • No paperwork. Only a password is required. 
  • No income statement required.
  • No need to provide a guarantor.
  • Indifferent attitude to the credit history of the client.
  • Deciding on the possibility of a microloan at the first application takes a little more than half an hour. If the client subsequently calls for the service again, the decision is made already in a shorter time.
  • There is no need to provide a security deposit. Money is issued without any security. However, if the borrower needs a larger amount, then the organization may require a certain type of collateral.
  • The organization that issues such a loan does not control for what purpose the money is received and where it is spent.

The minuses of tribal loans include the following:

  • The main disadvantage of this product is its excessively high-interest rates.
  • Many clients are dependent on this type of borrowed funds.

Conclusion

Each microcredit organization issues funds following its conditions. The age of the client is not ignored. For example, some do not give money to pensioners, while others, on the contrary, treat them more loyally. Therefore, before filling out the questionnaire, it is necessary to ask as many questions as possible to eliminate unpleasant moments in the future.

Undoubtedly, a tribal loan can serve as a powerful impetus for the development and establishment of financial well-being. However, to achieve this goal, the borrower will need to put a lot of effort. Otherwise, thoughtless actions can lead to significant debt.

Lacking Self-Discipline?

5 Ways To Develop It And Reach Your Goals

Americans are known to overeat, abuse credit cards, marinate for hours in social media, and break New Year’s resolutions before the end of January. Self-discipline doesn’t seem to be a national strength.

And achieving self-discipline – and the success that can come with it – may never have been harder than it is in this instant-gratification age, says Dr. Rob Carter III.

“Self-discipline is an undervalued trait in a modern society that wants everything now,” says Carter, co-author with his wife, Dr. Kirti Salwe Carter, of The Morning Mind: Use Your Brain to Master Your Day and Supercharge Your Life (www.themorningmind.com). “Self-discipline is the ability to motivate and coordinate our efforts to improve our quality of life, but unfortunately most people are not taught it.

“It is, however, a skill that everyone can learn. Self-discipline is the skill that will allow you to reach any goal you set.”

Carter offers five ways to develop self-discipline:

Be aware of your resistance. Resistance, Carter says, is the biggest obstacle to developing self-discipline, and it often comes in the form of discouraging internal self-talk such as, “I can’t do it” or “Why should I have to change?” “The next time you embark on a new project that causes resistance,” Carter says, “fight it by asserting or writing down your intended goal and the benefits it will bring.”

Plan for every outcome. Plans go awry when people let excuses get in the way. “An example is having a goal of running in the morning for 30 minutes, but you have bailouts such as it’s raining, cold, or you don’t feel like it,” Carter says. “Developing self-discipline is recognizing and planning for these self-created obstacles and actively choosing to work through them. So when you set a goal to achieve, have chart in place listing “Even ifs.” List the potential obstacles to achieving your goal and counter each one with a promise to yourself that you’ll achieve your goal even if these challenges arise.”

Prepare to give something up in order to gain. Carter suggests compiling a list of the pros and cons of sacrificing for a certain goal. “To reach your goal, Carter says, “you will more than likely have to impose certain limitations on yourself in order to gain something. These limitations could be less free time, socializing, money or television. The upside is that seeing the rewards of the sacrifice on the pros list will keep you motivated and disciplined.”

Reward yourself with self-compensation. “Rewards are an incredibly powerful tool for motivating yourself to reach your goals,” Carter says. “Consider them the carrot on the stick. Have a reward in place for when you achieve a goal or part of a goal, and make sure it’s appropriate.”

Break your goal down into manageable steps. “If you break your goal down into bite-sized steps,” Carter says, “you’re much more likely to stay disciplined enough to complete every sub-goal. Each step accomplished gives you an encouraging boost. Consider using SMART goals — specific, measurable, attractive, realistic, timed. This makes the goal more definitive and puts the steps in tangible action.”

“Self-discipline includes structured planning, organization, delayed gratification, and the willingness to step outside your comfort zone,” Carter says. “These things can appear scary, but don’t worry, you’re not alone. And once you take the first step, you have ventured onto a beautiful path that offers many rewards.”

About Dr. Rob Carter III and Dr. Kirti Salwe Carter

Dr. Rob Carter III and Dr. Kirti Salwe Carter are co-authors of The Morning Mind: Use Your Brain to Master Your Day and Supercharge Your Life(www.themorningmind.com). Rob Carter is a Lieutenant Colonel in the U.S. Army, an expert in human performance and physiology, and has academic appointments in emergency medicine at the University of Texas Health Science Center at San Antonio, in public health and health sciences at Los Angeles Pacific University, and in nutrition at the University of Maryland, University College. He holds a PhD in biomedical sciences and medical physiology and an MPH in chronic disease epidemiology.

Kirti Carter was born in Pune, India, and received her medical education in India, where she practiced as an intensive-care physician before moving to Texas to complete postgraduate training in public health. She is a Fellow of the American Institute of Stress (FAIS), has more than 18 years of experience in meditation and breathing techniques, and has been facilitating wellness seminars for the past decade.

5 Tech Trends For Businesses

5 Tech Trends That Businesses Can’t Afford To Ignore

With technology evolving at such a rapid pace, some business owners are left digitally disoriented as they try to figure out which of the latest innovations they need to invest in and what they can ignore.

It can make for confusing times.

All that bewilderment aside, though, these fast-developing advances also create opportunities that can help small and medium-sized businesses become more competitive – if they understand how to seize them.

“Technology exists today that at one time was available only to large corporations with huge technology budgets,” says Chris Hoose (www.choosenetworks.com), an IT consultant who works with small businesses.

“Every year, technology becomes even more accessible to companies of all sizes.”

Hoose says businesses that want to stay on top of their games should make sure they invest in these technological trends, if they haven’t already:

The Internet of Things. Many Internet of Things-connected devices, such as smart refrigerators and thermostats, are designed for home use, but there are also applications for small businesses, Hoose says. Some examples: smart locks use digital keys that can’t be lost or stolen, and log a record of who uses a door and when; RFID tags on merchandise can prevent theft and automatically update inventory; and mobile-card readers can replace cash registers.

Artificial intelligence. Don’t be fooled into thinking that AI is something only the big organizations can afford to use, Hoose says. “It’s making inroads into technologies accessible for businesses of all sizes,” he says. “AI can help you offer increasingly personalized experiences to customers by maximizing your time and automating manual tasks, like data entry.” AI also can be used to improve decision making, Hoose says. Essentially, AI will help you take that jumble of data most businesses have and analyze it in a way that allows you to make better-informed judgments on the actions you need to take.

Telecommuting. The office world is changing and more workers spend at least a portion of their work week telecommuting. “In many cases remote employees use their own equipment, which can eliminate some of the company’s costs with purchasing and maintaining computers, printers and mobile phones,” Hoose says. Video conferencing, instant messaging and other advances are helping to make telecommuting a viable option, he says.

Customer-relationship-management (CRM) software. Any application that a business uses to interact with customers, analyze data, or recommend products and services to customers is “part of the CRM family,” Hoose says. “This type of software helps your team manage, control and build customer relationships,” he says. “It can log your team’s touchpoints with prospects, including emails, phone calls, voicemails and in-person meetings. You can have a complete record of your team’s interaction with a prospect that’s easy for anyone to access.”

Voice search. Consumers increasingly are making use of such AI assistants as Siri or Alexa to help them do internet searches using their voices. “Voice search is changing the way people find information because these queries are structured differently than when we type terms into a search engine,” Hoose says.

“Organizations of all types can benefit from optimizing their content to improve where they fall in a voice search.”

“To help propel your business going forward, it’s important to stay abreast of technology innovation,” Hoose says. “These technologies will help you expand your customer base, create more efficient in-house processes, and increase engagement from both customers and staff.”

About Chris Hoose

Chris Hoose (www.choosenetworks.com) is the president of Choose Networks, an IT consulting firm for small businesses. Hoose started the company in 2001 to give large-scale solutions and support to businesses that can’t afford their own in-house IT department. He earned a Master of Information Systems Management from Friends University.

Cryptocurrency Payment Benefits For Depositing At Online Casinos

The Internet has changed this sphere completely, where cash once ruled all we know have a variety of ways we can store our money. Of all these methods there is one fairly new player that has been touted to takeover completely – crptocurrency.

This new way of using money has only been around for a decade, yet its popularity has skyrocketed, especially with young investors seeking to ride the wave of the next big thing. Alongside this more and more online gamblers are using cryptocurrencies to make deposits at online casinos. Click here now if you want to learn more about the online gambling industry and how people make their deposits. Cryptocurrencies often offer added security and can be easier to set aside in a gambling pot.

Security

In many respects the 21st Century has completely reshaped the way that many of us live our day-to-day lives, and nowhere is this more apparent than in the realm of money and banking.

One of the main crytocurrency payment benefits for depositing at online casinos is the added security associated with this ultra secure way of making payments. Indeed, the driving factor behind the development of this technology was to make financial transactions online much safer – hence the “crypto” in its name. One thing to remember here is that crptocurrencies are just as liable to hacking as something like conventional online banking, however due to their makeup it is a lot harder.

Something else that makes crytocurrency payments more safe than your average is that they offer complete and utter anonymity. You would be surprised at how much personal information is divulged through normal deposit techniques such as regular card payment. Now, a dependable online casino site could surely be trusted to keep such details private and confidential, however they are always liable to being hacked, and if that happens your personal data could fall into the wrong hands.

Financial Responsibility

Another benefit to using cryptocurrencies to make your deposit at online casinos is that this method can go a long way in ensuring you stay financially responsible. It is incredibly easy to deposit some additional money from your card if you’re having a bad spell on the slots and need a monetary pick-me-up to keep going. Whilst this may seem good at the time it is actually something that has been instrumental in the rise of problem gambling.

On the other hand, with cryptocurrencies the deposit you make will often be a very strictly rigid amount because of the complexities of obtaining more. It can enable gamblers with financial control problems to set aside a pot of money for gambling and stick to it with absolute rigidity.

Future Investment

Many experts hail the use of crpyocurrencies across the board, they see them as the next development of money used across the world – we may as well get acquainted with it sooner rather than later. In a few decades time it will be the first users of cryptocurrencies that stand to gain the most, something as simple as making your online casino deposits with crypto could pay off handsomely in the future.

Top 20 Most Expensive Tourist Destinations

From Wizardry to Westminster: The Tourist Destinations that Magic your Money Away

 

A comparative study reveals the top 20 most expensive tourist destinations worldwide, with Harry Potter Studios ranking higher than the Houses of Parliament.

 

Berlin, 30 April 2019 – The online comparison and search portal, TicketLens, has published a list of the 20 most expensive attractions around the world according to admission costs. The findings aim to help diligent travellers budget their itineraries ahead of schedule. Researching and planning a holiday can be a tricky and exhausting task. From the cost of travel, accommodation, sightseeing, and food – it’s wise to start counting pennies in preparation long in advance.

 

Table: The twenty attractions in the world with the highest admission prices.

#
 Country
City
Attraction
Entrance Price
1
UK
London
Warner Brothers Studio Tour –

The Making of Harry Potter

$58.57
2
China
Hengdian
Hengdian World Studios
$57.48
3
UAE
Dubai
Burj Khalifa
  $55.65
4
UK
London
Madame Tussauds
$45.58
5
USA
New York City
Spyscape
$42.24
6
USA
New York City
Trolls: The Experience
$39.80
7
USA
New York City
Empire State Building
  $39.79
8
USA
New York City
Top of The Rock
$39.29
9
USA
New York City
Color Factory
$37.81
10
UK
London
Palace of Westminster
$36.46
11
USA
New York City
One World Observatory
$34.82
12
USA
Las Vegas
Avengers S.T.A.T.I.O.N.
$33.83
13
Iceland
Reykjavik
Perlan: Wonders of Iceland
$32.48
14
UK
London
Tower of London
$32.15
15
UK
London
Buckingham Palace
$31
15
UK
London
London Eye
$31
17
Tibet
Lhasa
Potala Palace
$29.68
18
Japan
Tokyo
Tokyo One Piece Tower
$28.44
19
Ireland
Dublin
Guinness Storehouse
$28.15
20
Spain
Barcelona
Casa Batlló
$28.15

 

Full Results can be found at https://www.ticketlens.com/en/magazine/the-most-expensive-attractions-in-the-world

  

Further findings:
 

  • If a visit to the viewing platform of the world’s tallest building, the Burj Khalifa at $55 is too expensive, you can switch to the world’s second tallest building – the 634 meter-high Tokyo Skytree, which costs just $18.

 

  • Madame Tussauds is a world-renowned wax museum. A visit to the exhibition in London will cost you $46 in admissions. Once inside, you can mingle among royals like Prince Harry and Meghan Markle, among other wax replicas of the rich and famous.

 

  • Entrance to Buckingham Palace costs $31. However, a visit to the Bavarian castle, Neuschwanstein, reminiscent of childhood fairytales, is a cheaper alternative, with admission prices just $14.50.

 

  • The most expensive attractions are often the newest and have branches around the world. Harry Potter, Trolls, Marvel and One Piece, are films that now have their own remarkable exhibitions, public studios, and attractions that showcase their unique characters and props.

 

  • With attractions on the list, a sightseeing trip to New York City is the most expensive destination. Holidaymakers would be wise to prepare a solid budgeting plan long in advance.

 

  • The Colour Factory, a pop-up exhibition currently based in New York City, offers trendy photo motifs alongside a pricey admission of $37.80.

 

  • The new One World Trade Center has a viewing platform that offers spectacular views of Manhattan and Central Park. With an entrance fee of $34.80, it’s cheaper than both the Top of the Rock observation deck, at $39; and the Empire State Building, also at $39.

 

  • The admission price of Potala Palace, home of the head of Tibetan Buddhism, the Dalai Lama, is $29.70. Visiting the Pope is a more economical alternative, with admission to the Sistine Chapel, his official residence in the Vatican City, just $18.

Neurotriggers

In the early to mid-1970’s, a million dollars was a great deal of money, and thinking about becoming a millionaire was thinking very big indeed. A million dollars was a fortune to be amassed. Today it is a yearly income, or, at best, a couple years’ income needed by anybody attempting to amass a real fortune.

In a documentary on Ted Turner, he was bemoaning the loss of much of his wealth thanks to AOL/Time Warner, and worrying about being “down to a billion” while still in his 70’s — he said he hopes to have enough left to retire on someday. You can, he pointed out, get by on a billion if you’re careful and don’t buy too many planes or yachts. He was speaking tongue-in-cheek, but not totally. Just as 80 is the new 60 and we hope 100 will soon be the new 80, a billion is the new 25-million.

The first arsenal of skills and strategies one should master are those of survival. How to be broke but live well. How to pay one credit card with another. How to look the part and act as if. Some of these skills have lasting value, but most become an impediment, standing in the way of developing the different set of skills one needs next. I think overall, one of the hardest things we do in life is shed the thoughts, attitudes, skills, habits, associations that worked for us when doing “A” but hold us back and get in the way of doing “B”. We shed skin easily and automatically. We do not shed thoughts and behaviours so easily.

The second arsenal one should master are those for making money. Lots of it. In chunks and surges. These days, to be a millionaire is not all that complicated. If you happen to be young, 20 or 30, you can very, very easily reach and surpass that benchmark purely with an intelligent retirement plan (or other tax protected savings plan) by saving and contributing the maximum amount allowed every year. Or by buying a few good homes and owning them for the long haul. That will get you a million dollars someday.

To take it one step further, earning a million dollars per year – even though that certainly puts you at the 1% pinnacle of society – is also actually not all that difficult. A great many businesses or combinations of businesses provide such opportunity. It is, for example, nothing more than 1,000 transactions of $2,000.00 each with 50% net. Or 100 at $20,000.00 each. Or 1,000 customers giving you $100.00 a month. Or 2,000, giving you $50.00. I just read a report of a Gourmet Bacon Of The Month Club providing its owner with such income. Bacon.

Making lesser but still significant income, $100,000.00, $200,000.00 a year, even easier. A good handyman with nothing but a cellphone could have a ‘concierge practice’, with, say, 25 clients each paying him $300.00 a month…$7,500.00 a month, $100,000.00 a year. Just not that tough. More mental barriers than anything.

But if you start to think in terms of creating and keeping a small fortune in the 10-million to 50-million-dollar neighbourhoods, rather than just a million or two, the arsenal of required once again changes substantially. The knowledge needed, different. The mind-set needed, different. Here, in this space, an odd combination of daring, speed, grabbing of opportunities must be counter-balanced with a concern for preservation of capital, a diligent management of the money, not just making it.

I spent time the other day with one of my long-time clients who personally earns about 5-million a year and is worth about 4 million. He is busily involved in dozens of high-pressure projects. He said, “I often fall into shit. Sometimes I come up with gold. Other times I come up with shit. My success rate does not distinguish me. Being willing to dive into shit, that distinguishes me.” Different mindset.

We’ve talked about speed. To become a millionaire, you can do things slowly, methodically, logically, sequentially, neatly and cautiously. To be a multi, multi-millionaire, you cannot.

To stay a millionaire once there, you need to conserve. To buy carefully, spend reluctantly, invest wisely. Never paying more than is necessary. To stay a multi, multi-millionaire you need to be more aggressive. You often cannot afford to get the very best buy, as your time and lost opportunity is far more valuable than the deal available across town.

There is a hierarchy of sorts for independent business. It is: shopkeeper; business owner, entrepreneur; entrepreneur-investor; investor-entrepreneur. One of the painful aspects of moving through these stages is doing less of something you’ve mastered (and can do easily), in favour of doing other things you’re clumsy and uncertain at; the constant setting aside of old tools with which you’re expert in and picking up new tools you are profoundly inexpert with; of climbing Maslow’s step again and again and again.

Questions: What skills do you have that are useful not just at present but for where you want to go? What present skills are holding you back? What skills do you lack currently, but will be needed for the spot just ahead on your chosen road? Do you even have a Personal Skills List each ranked 1-10, and a list of New Skills In Development?

For additional information visit http://neurotriggers.com/

British Parents Spend £642 a Month on Credit Cards

  • TotallyMoney’s Credit Spending Index reveals the nation is spending 46% more on credit cards compared to ten years ago.
  • 56% of parents would rather save for a family holiday than clothing for children and school equipment and trips.
  • 78% of parents worry about their financial situation at least once a month

Getting kids back to school means buying new P.E. kits, geometry sets, and school uniforms, 64% of parents, however, are frequently concerned about being able to afford their bills – so how are parents managing to cope with their cash flow, bills, and outgoings? The last ten years have been filled with financial uncertainty, from the market crash to the housing bubble, these have affected all forms of spending habits such as the price of petrol to the price of school lunches.

Families are becoming more frugal when it comes to watching their pennies. TotallyMoney’s new research explores spending over the past decade, tracking data on consumer behavior, to reveal how parents have been managing their cash and paying their bills.

 

Younger Families Rely the Most on Credit Card Spending

Although the number of credit cards and accounts in circulation has decreased by 10% over the past decade, the number of purchases made have risen by 25%. Totally Money’s study reveals that the total value of credit card purchases has increased by a worryingly high 46%. When parents were asked if they feel they rely too heavily on their credit cards, 13% agreed. This agreement peaked to just under one out of five parents with young families (those who have children under the age of three).

 

Parents Prioritize Holiday Saving

The survey also revealed that a shocking 78% of parents worry about their financial situation on a monthly basis, with 28% worrying daily. However, despite this, an alarming 56% of parents prioritize saving for their family holiday over clothing for their children, as well as school equipment and school trips.

 

Credit Card Spending

With just over 75% of parents owning a credit card, 36% rely on their credit card to get them through the month – spending an average of £643 per month. The study also unveiled younger families might worry the most but are evidently savvier when it comes to their pennies; spending the least on their credit cards per month (£551). However, whilst parents with children aged between eight and twelve have the highest amount of disposable income, an average of £315 left at the end month, it seems the same group tend to be the most reliant on their credit cards; averagely spending £742 per month.

44% of parents say they find themselves concerned about being able to afford their bills every month. This could be accredited to the increase in the cost of living as well as inflation compared to the national average salary of £27,600 – £1,200 less than the national average weekly household spend of £554.20, equating to a yearly figure of £28,818.

 

Joe Gardiner, Head of Brand and Communications at TotallyMoney, comments, “It’s no secret that the way British people are spending their money has changed over the years. Although outstanding personal loans per household have fallen by 13%, the number of purchases has risen by 25%, which can be accredited to the difference of 4% between how much people are spending yearly and the average national wage.”

“Brits are having to carefully consider what they deem to be important in order to make their income stretch even further. When asked what measures people put in place to assure they rely on your credit cards and/or overdrafts, it was really encouraging to hear the majority of people surveyed replied that they’re actively taking control of their finances by keeping an eye on unnecessary spending and budgeting in advance. ”

 

To view the full tool ‘The Evolution of British Spending’ click here to discover more.

 

CASH MONEY RECORDS x TURKEY GIVEAWAY

Continuing a 22-year holiday tradition, Cash Money Records will host its annual turkey giveaway in New Orleans, LA on Tuesday, November 20th. Once again, label Co-Founders and brothers Ronald “Slim” Williams and Bryan “Birdman” Williams return to their hometown in order to give back, uplift, and spread hope, spirit, and cheer for the holidays. Full details can be found below.

For the Williams Brothers, this charity stands out as a cornerstone of the label’s core mission and values. Given their lifelong commitment to philanthropy, they co-founded 501(c)(3) organization The Johnny and Gladys Williams Foundation—named after their parents. Among many initiatives, the Foundation presents the turkey giveaway, providing families throughout the community with a bountiful Thanksgiving meal every year. As a result of their work, the company remains a paragon in the community.

With the William Brothers on-site, this will be the fifth year that Cash Money hosts the event at New Home Full Gospel Ministries (1605 Carondelet Street; New Orleans, LA 70130) from 2:00 p.m. to 6:00 p.m. Walmart generously donates the turkeys, and Rouses provides the sides and fixings. Birdman’s newest innovation Stunna Brand, Inc. comes aboard as a sponsor for the first time. Radio station Q93 kicks out the jams all day, and NOLA Games On Wheels engages families with entertainment and video games.

Back for the fifth time, the turkey giveaway includes full-service health screenings by Ochsner Health Systems. Services span testing for glucose, cholesterol, and blood pressure, dental care, eye exams, quick look EKG’s, stroke assessment, and more. Attendees may receive counseling and information on heart healthy diet, kidney disease, pre-natal care, and diabetes as well as smoking cessation programs and healthy recipe books.

Also, for the fifth year, Dr. David Liang [Director, Stanford Center for Inherited Cardiovascular Disease] and his staff administer Aortic Disease and Marfan Syndrome heart screenings.

The Turkey Giveaway is something we’ve been doing since the beginning of Cash Money,” states Ronald ‘Slim’ Williams. “The moment we made it, we knew we had to lift up our hometown. It was always a part of the label’s vision and brand from day one. Over the years, it’s become something the community can rely on and trust. To me, that’s our greatest accomplishment. We’ve received so many blessings, we want to share those with the city we love and call home.”

Birdman continues, “You could take away the success, the money, and everything. It doesn’t matter. What matters most is the people who were with you since day one: your neighborhood, your friends, and your family. We’ve never forgotten how New Orleans put us first. The Turkey Giveaway is a way to say ‘Thank you’ to everybody we love. Out of everything, it’s what we want people to associate Cash Money with. This defines our legacy.”