Wall Street has declined for a second straight day on Wedneday as the tech sector fell in value including tech giant Apple.

Apple shares slumped 4.3 percent to $125.14, a day after the iPhone maker’s revenue forecast dropped below expectations. It is Apple’s biggest drop since January 2014 .

“We are getting a little bit of indigestion in the market over the past two sessions from tech earnings,” said David Schiegoleit, managing director of investments at the Private Client Reserve of U.S. Bank in Los Angeles.

“We stepped right into the beginning of this week with IBM disappointing, followed by Microsoft, Apple and a couple of others, so we are just getting a little bit of heartburn in the market from those earnings releases on the tech side.”

Microsoft has stumbled to 3.7 per cent, it’s biggest drop from January as stocks fell to $45.54. It has reported its biggest quarterly loss attributed to the failed Nokia phone venture and little demand for Windows OS.

Meanwhile, Yahoo had shed about 1.2 per cent at $39.24 after it forecast some lower-than-expected revenue for the current quarter.


About 50% of Americans leave their assets and properties in confused hands after their passing because of their lack of an estate plan. Most 40-50 year olds believe it to be a morbid or even a cursed thing to do, but truthfully, estate planning is essential to avoid confusion upon death and a streamlined approach to making sure your assets are properly distributed. So here are five things you need to remember.

  1. Revocable Living Trust

A revocable living trust allows your heirs to receive their inheritance when they achieve the conditions placed by the estate planner. Most of these revocable living trusts evenly spread out the distributions of inheritance even for young adults.

  1. Full Funding

Full funding ensures that your trust remains private and the trust doesn’t have to go to court to settle the distribution of assets to your children and inheritors. When you fully fund your trust, your matters are kept quiet simply because the entire situation is discussed through closed doors.

  1. Guardian

Naming an adult or a trustee for your young children is important. The guardian would be responsible for handing over your inheritance to your children once they fulfil your conditions.

  1. Never Too Young

No one is ever too young to create a will and trust. When your assets grow, the more you should consider creating your own will and trust as soon as you can. This will help avoid confusion upon your passing.

  1. Update Regularly

As you are young, situations change, and you’ll have the chance to regularly update your will and estate plans to match the current situation of your inheritors, or even yourself.


In the United Kingdom, a student who studies in a public school has obviously lower debt compared to those who study in private institutions. Meanwhile, after college, most will still have debt. Adding debts for marriage, property loans and other expenses, the average joe’s grand total in the United Kingdom costs around £25 billion. This is quite shocking!


Despite being married, having a baby when you’re not ready yet isn’t a very good situation. If you’re both just starting out with your careers and you really lack money, you’ll need to do everything in your power to insure you could provide everything for your newborn. If you intend to keep the baby, here are three steps to effectively handle the situation.

 

  1. Do Away With Your Excesses

 

Unfortunately, playtime is over for you if you finally have a child. It’s time to cut back on your smoking and drinking. You’ll also need to watch out for things that you purchase. You cannot make any costly purchases that do not yield you great results. You’ll need to do away with your excesses as this can help you save money.

 

  1. Ensure that You Are Insured

 

Ask your employer if their health benefits cover your wife or yourself as you are going through your pregnancy. It would be better to get a straight answer now than have questions, and even possible uncertainty, in just a few months.

 

  1. Your Baby Will Not Need Anything Extravagant.

 

You’ll definitely need some baby gear and spend for baby food and milk over the next few years (aside from a deficit of sleep). Most parents think that high-quality brands are the best choice when it comes to taking care of their child. In all truthfulness, this isn’t true. Your baby just needs something that could facilitate feeding and walking them around, but they do not need to be of too high quality.


According to the Cass Business School and finance research company New City Agenda, the UK’s “toxic” and “aggressive” culture will take generations to change. Following the series of scandals involving the UK’s big four banks, the total cost of the UK industry’s misgivings have reached more than £38.5 billion in fines and redresses in 15 years.

Conservative MP and New City Agenda co-founder David Davis said “A toxic culture which was decades in the making will take a generation to turn around.”

Between 2008 and 2014, banks had received 21 million complaints. At least £27 billion of the total redress had been credited to PPI complaints alone.

Archbishop of Canterbury Justin Welby said “It is clear that much more needs to be done by all stakeholders for trust to be restored in our financial institutions.”

The Cass Business School and New City Agenda report indicates that banks have culture changes programmes under way. Cass Business School Professor and Report Author Andre Spicer said “Regulation has improved, and big banks have all implemented new programmes to improve their cultures,” he said.

“Smaller banks and challenger banks are beginning to offer the customer real choice, and often have healthier cultures.”

“Many culture-change initiatives are fragile, and their success is not ensured. It’s clear to us that much work still needs to be done,” he added.

Source


It’s never easy to earn money. With today’s inflation, investing in assets and products is crucial. Unfortunately, some predators want a thick slice of the cake, often using illegal ways to take away the shares of other people. Here are some scams you need to be mindful of.

        1. Online Shopping

Unless your online shopping is done through eBay and Amazon, never think twice to turn down online shopping offers that ask for your credit card information. If you offer your card details on a gambling website or unverified online shopping website, it is highly likely you get financial fraud. You could use Paypal to hide your card details and allow the online payment service to provide the funding instead.

        1. Consumer Non-Investment Fraud

Online shopping’s other danger is the purchasing of items that are not in existence. Consumers also get fake or sub-quality apparel. In some situations, these items may even be stolen. Be sure to inspect the brand logo, quality and legitimacy of your articles before you decide to take them home.

        1. Dating Scam

Many international swindlers appear through the form of online dates. They would use your emotions to have you send money to them. Some of them may also try to perform lascivicious activity during your interaction, which they may use to blackmail and extort money from you.


Couponing is a great way to save money when you’re buying things in bulk. With coupons, you could buy plenty for the price of less and walk out of a grocery with more savings and less expense than you could imagine. Of course, it takes a bit of a plan, and here are some basic steps to help you benefit from couponing.

  1. Multiple Subscriptions

Newspaper clippings won’t just do for coupon shoppers. If you really want to get plenty of coupons to use for your business, it is imperative that you subscribe to multiple magazines, newspapers and other publications. Subscribing to online website newsletters also help, including those that give you daily deals.

  1. Semiotics

Understanding the terms written on coupons is essential to save time looking for coupons and categorising them accordingly. For example, a sale may only be a term to attract customers, but it does not really mean significant savings. Most terminologies used in extreme couponing are acronyms, such as On Your Next Order (OYNO), Buy One Get One (BOGO), and Limited Time Only (LTO).

  1. The Legalities

All coupons are regulated by law and consumers must know their rights before they could use a coupon. Sometimes, manufacturer coupons are only applicable for certain branches, or some managers can decline online coupons as stated in the fine print. Bringing a hard or soft copy (via smartphones or tablets) will help you resolve disputes with establishments as well.


During the early centuries of the world, kingdoms and lords have kept their treasures inside their safe. Gold was a powerful type of currency at that time and more common commodities strengthened smaller echelons of society. However, this old way of thinking regarding money does not work in a modern, capitalist money system.

Keeping your money “inside your vault” or “inside your socks”, for a humorous term, is not the right way to ensure the value of your money stays as it is. People need to invest the money they make to sustain or grow its value. The modern outlook of money is to ensure the value of your money remains as it is, or you could make them flourish.

This is why people must be financially educated with the modern trends in keeping the value of one’s money. Banks offer savings accounts worldwide that ensures the value of your money is retained despite currency devaluation and inflation on a daily basis, throwing back to the “gold vault” era.

Money can also grow when you invest them in businesses and startups. As gold still retains its value, companies and businesses becoming bigger and better investments as they continue to appreciate. Gold appreciates, but the acceleration rate of business valuation improves continuously as it performs well.

Money in the vault is not the best idea in the world anymore. Money in the bank, in companies, and in growing stocks, is the new world way of looking and working with money.


Crunching numbers is different from seeing the value of the numbers when it represents the things you need in your budget. Budgeting and personal finance is simple if you think spending less than you earn, and putting that money where it grows will help you in your retirement indeed. However, sticking to a budget could be difficult, and here are some things to help you sort it out effectively.

1. Documentation
Every expense must be noted down to the last centavo. If you pay attention to smaller details, the more you could see your spending habits and the ending point where your money goes. Never let a single cent get past. No sure fire way to richness exists except for having a bird’s-eye-view all the time.

2. Contentment
Contentment is key to saving your money and focusing yourself on the bigger objectives ahead. Managing your expectations and understanding that the world’s desire for so many things is insatiable, they may kill themselves to live the life they want.

3. Automation
Having your money deposited early into bills and investments will save you more time if you have machines do them automatically on you. In this way, you are left with the surplus of your money, while virtually everything essential is already paid for.

4. It Is Your Responsibility
It is not called personal finance because the cause of your financial stress is another person or an event. Personal means you, and this means you have to deal with the situation on your own.


High debts make for bad credit score and credit management. Surely, not even ways to make good credit scores will help you get over your extremely high debt. Listed here are ways to help you bring down your debt to a manageable level.

1. Negotiation
Tell your lender that you are having trouble with your debt, and they may be willing to sort it out with you, albeit quite disappointed. Most lenders will negotiate and appreciate your business if you tell them as soon as you can. Many will also see your willingness to pay your debt.

2. Possible Results
It is highly likely that you have to pay a lump sum lower than your complete debt, or you will make a scheduled payment with a fixed amount yearly, which the lender will restructure with you. The lump sum repayment guarantees that you pay for less than what you owe, but it is still a higher sum.

3. Talking to Your Lender
When negotiating, be sure that you appear helpless with your financial situation to continue paying for your debts. Do not appear as if you are trying to throw away your responsibility to the lender by closing your accounts. Strive to find a mutual solution with your lenders; they will be willing to listen.