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IDEAL INVESTMENT FOR BEGINNERS: WHAT WILL MAKE YOU THE MOST MONEY

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  For many, the word “investing” stimulates up ideas of men in suits and ties, monitoring the exchange of millions on a stock ticker. I’m here to tell you that with so many different options, investing for a beginner is simpler and more straightforward than ever before.  Even if you only have a little money to spare, your money will grow with compound interest. The secret to building wealth is developing good habits.  Sometimes what you earn is not even enough. I agree! It’s barely enough to budget for your feeding and other expenses yet, we are here talking about investing? Personally, there is no minimum amount to my mind, as investing is a habit that should be inculcated early. Soon you’ll see how addictive growing your money can be. Getting Started  As a newbie, before you take a deep   dive, there are some thinks you have to consider. Risk Appetite  Know your risk appetite. This is paramount! Once you know you risk tolerance level, you can be able to c...
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4 WAYS DATA ANALYTICS CAN BOOST YOUR BUSINESS GROWTH

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  As a Fintech writer, I’ve always been a fan of data analytics and big data. The Edward Demming quote “In God we trust, everyone else bring data” is one of my favorites. The digital wave has hit every industry by storm and they have been flooded with numbers and figures. Each business emerges with the belief that their idea can change the world but gathering facts and figures to convince their audience becomes much easier with an effective data strategy in hand. The data analytics concept has been around for many decades. It involves examining large amount of data by using advanced software systems. As a business owner, the challenge with all of this is not how do I gather the data, how do we structure it, or which tools will we use to analyze it, but what are the problems we are looking forward to solve. 4 Ways Data Analytics Can Help Business Grow Maximize Customer Acquisition and Retention Building a long term relationship with your customer is very vital in your business. Ther...
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PERSONAL FINANCIAL MANAGEMENT TOOLS

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  Finding the right tool can make any job easier and even enjoyable. It’s as true in carpentry as it is in personal finance. Personal Financial Management (PFM) Tool is any application that helps you with all aspects of your personal finances. It’s designed to help individuals manage and track their finances more effectively and efficiently. You can choose different software for different goals. Some software is for budgeting, others are good for investing and others are good for debt tracking and savings. How Does Personal Financial Management Tool Work? PFM typically works by collecting your personal data, linking the software to your financial institution, investment accounts and credit cards. Once it has access to your accounts, it can monitor your credit, help you create a budget, offer tips and investment advice, track your savings and spending habits and send out bill pay and savings goal reminders. 4 Software To Manage Personal Finances  Some PFM software is completely...
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INVESTING IN GOLD, THE FOUR BEST CRYPTOCURRENCIES

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  The world may seem scary presently, but about the last thing you want to do when it comes to investing is trust your own emotions. You may feel some type of way investing in cryptocurrency, but you can’t just leave money sitting in the bank. That’s a different kind of risk, because your money won’t keep pace with inflation. According to CFP Stacy Francis, President and CEO of Francis Financial in New York, gold is a Godiva chocolate of an investment in that it is very tempting. In June 2018, stocks were beating gold. Then slightly more than a year later, gold was outperforming stocks. Whenever the economy is not certain, you’re likely going to get recommendations to invest in gold because of the hedge against inflation. The best cryptocurrency to buy is determined by your familiarity with risk tolerance and digital assets. Here are four of the best Cryptocurrencies to invest in now Bitcoin (BTC) Bitcoins were first mined in January 2009. There are three ways to obtain Bitcoins: b...
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