Could the Brexit 50p coin net you a small fortune?

Reading Time: 4 mins

The Brexit 50p coin released this year could be worth a small fortune in the future – so if you get your hands on one, maybe it’s time to stash it away!

But why are some coins more valuable than their face value – and why is the Brexit 50p particularly interesting?

• Why commemorative coins exist
• The history of the Brexit 50p
• Examples of other valuable coins to look for
• Should you invest in rare coins?
• How much could the Brexit 50p be worth in the future?

WHY COMMEMORATIVE COINS EXIST

The Royal Mint releases special coins every year. The fewer produced, the rarer – and more valuable – they are. In 2018, for example, 26 new coins were released – each with a letter of the alphabet and an image representing something in the UK that starts with that letter.

Popular ones for collectors to find include the Zebra Crossing coin, the Yeoman Warder, and the Angel of the North.

Sports events also influence commemorative coins: the 2012 Olympics coins come with a collectable price tag.

THE HISTORY OF THE BREXIT 50P COIN

Ten million Brexit coins enter circulation throughout 2020 – but it’s not the first Brexit coin created. It’s the third attempt!

The first batch of 1,000 prototypes were created in anticipation of the original 31st March 2019 Brexit date. That, of course, never happened – so the next attempt was a million coins minted in preparation for the 31st October 2019 Brexit date.

Imagine having a commemorative coin with the wrong date on it – that’d guarantee you a small FORTUNE in the future! However, those million coins were, alas, melted down when the second Brexit date came and went.

The final version – released on 31st January 2020 – coincides with the actual Brexit date.

OTHER COINS WORTH MORE THAN FACE VALUE

Commemorative coins are sometimes worth only their actual monetary value. Those are the ones with millions and millions of coins released, without particularly beautiful or memorable designs.

Look in your wallet now – you’ve probably already got some special coins in there that you’re using as spare change.

(If you want to save your spare change to make future investments and fortune, check out our article about ideal habits of savers!)

However, keep an eye out for these designs – and take a look at what they could net you!

1. The Offside Rule 50p

Released in 2012 as part of the Olympics celebration coin range, this 50p piece easily sells for £10. That’s an investment return of 950% – pretty neat, right?!

2. The EU Commemorative 50p

The original coin, minted in 1992, would have fetched you a princely sum. They’ve been taken out of circulation though, as the 50p coin size changed in 1997. Instead, keep an eye out for the more recently-minted, smaller 50p coin – it currently offers a sale price around £20.

However, with Brexit, the price of this particular commemorative coin could soon rocket!

3. The Kew Gardens 50p

One of the more famous collectable coins, this one was released in 2008.

The run was so low – only 210,000 were minted – that if you nab one of these you could sell it on eBay for £120.

4. The Undated 2008 20p

One thing that makes coins collectable is errors! If something is incorrect, they’re often recalled and melted down for a new run to be minted.

However, the undated 20p piece in 2008 could net you a MASSIVE £200 or more on the private market – check your change now!

5. The Aquatic Olympics 50p (Obscured Face)

Finally, if you’ve got one of these hanging around in your purse or down the back of the sofa, seriously consider selling it (or hanging onto it for a future investment!).

The aquatic 50p piece was another in the 2012 Olympic range. The design went a little wrong when first minted: the original 600 created weren’t very clear. So, they tidied up the design to make the swimmer’s face in water much easier to see.

Image courtesy of Changechecker.org

 

If you’ve got an obscured face aquatic Olympic coin, it could sell for over £3,000.

You read that correctly.

Should you invest in rare coins?

Demand for rare and collectable coins goes up and down over time. That means some may be more popular in the future than they are now – and the in-demand ones, like the Beatrix Potter series, may drop in value as people lose interest.

The coins that’ll always do better long-term are the ones with errors, like the undated 2008 coin or the original Aquatic Olympics coin. That’s because errors are (usually) quickly corrected by the Royal Mint: so it increases the rarity element as well as the value created by a desirable design.

Collecting coins can net you a fortune if you’re very lucky. However, most people who create a coin collection do so for the love of the designs as much as the potential investment, too. If you’re fascinated by coin design, they could be a good investment.

It pays off to always check your spare change – and to be aware of valuable coins in circulation – but it’s not a guaranteed investment.

If you want to look at how much the change in your stash could be worth, visit changechecker.org and look up your coins!

How much could the Brexit 50p coin be worth in the future?

How long is a piece of string?! The trouble with Brexit is, well, the troubles of Brexit. We all know how the last few years have been turbulent – and we still don’t know what the future holds.

It could be worth a lot in the future: if you come across one, there’s no harm in stashing it just in case.

However, with ten million set to be minted and put into circulation in 2020, it’ll have one of the highest mints of any coin. So, it won’t be worth a fortune straight away – maybe stash the ones you come across and perhaps in the future you’ll see great returns on a small investment!

The post Could the Brexit 50p coin net you a small fortune? appeared first on MoneyMagpie.

How to Win Super Bowl Squares During the 2020 Game

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3 Cheap Hobbies That Can Also Bring in Cash

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The growing importance of storytelling for your business

Reading Time: 3 mins

In the evermore competitive digital marketplace, it can be incredibly challenging to get your brand to stand apart from your rivals. While factors like adjusting your price point and targeting specific demographics, can help significantly, most companies are starting to realise that selling the story of your brand is hugely important.

It’s been something that can be witnessed at many of the world’s most dynamic companies. From tech giants like Apple to car manufacturers such as Tesla, a decent backstory is a great way to capture the public’s attention. But all of this storytelling is nothing new. Over the past 40 years, the gaming industry has grown to become one of the most prominent storytelling media. This has also been featured in the iGaming industry. Where adventurous explorers like Lara Croft and Rich Wilde in the Book of Dead slot game, help the player immerse themselves in the story and keep them coming back for more. We can now see how one industry can learn storytelling from the other, but what can you do to help tell the story of your brand?

 

Make It Personal

Whether you’re running a big company or a small enterprise, it’s always a good idea to put a face on your brand. That helps to humanise whatever company you’re running, and it will help potential customers identify that your brand is a collective of people who care about their product.

Take a look at Gwyneth Paltrow’s Goop brand who have been very careful to highlight the story of the brand. By doing so, it will help everyone understand what the company is all about, and why they are doing it.

You don’t have to be a Hollywood star to personalise your company successfully. Anything from writing a short personal history on your brand’s website, including short blog articles describing your latest endeavours on your company’s social media channels can all play a big part in helping customers join in the narrative.

 

Identify Your Brand Mission

Operating a business should be about much more than selling consumers products and services. Nowadays, consumers want to invest in products that they can believe in and know that they are making the world a better place as a result.

For example, Starbucks has cleverly sold us the narrative that they are doing more than just selling coffee. From their ongoing efforts to reduce their environmental impact to their bids to create their own Hear Music record label, Starbucks has succeeded in humanising their brand.

 

Be Visual

As a result, it provides a good case study in how you can make your own company a little more interesting for any customers. Think about what kind of person your brand would be, and make sure that you adjust everything from your company logo to the language used on your brand to make sure that ‘your person’ gets presented as a seamless package.

Visuals perform better when it comes to provoking emotions, and visual storytelling is an excellent way to connect with the customers. Whether it will be infographics, eye-catching visuals, arousing videos, you will need to tell your story and impress.

 

Be Proud Of Your Company’s Origins

Most businesses have to start somewhere small, and rather than hiding your modest beginnings, be sure to highlight your origins. By doing so, you’ll help customers identify the fact that you started somewhere, and they will be more than happy to join in your story as your company grows in stature.

It’s a theme that’s proven to be successful at many businesses. Even a multi-billion dollar global brand like Amazon is well known for having been started by Jeff Bezos from the garage of his home in Seattle. Similarly, we probably know more about Facebook’s Mark Zuckerberg and Microsoft’s Bill Gates from their personal stories than we do their companies’ sales pitches.

While a lot of this kind of backstory can be little more than myth-making, it shows how powerfully these stories can permeate the public’s consciousness. Even if your own brand’s narrative doesn’t see you becoming a multinational

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Why a VPN Affiliate Program is a Good Passive Income Stream

Reading Time: 4 mins

A VPN affiliate program is an excellent way to earn a stream of passive income over time based on the performance of your own content. You sign up for the program and give people a way to contact the VPN service: If they sign up, you earn a commission that you can later withdraw. It’s really that simple – and here’s why it’s such a good solution for many people with an online presence.

 

It’s Really Easy to Get Started

When it comes to “passive income” people are rightfully suspicious that it takes a lot more work to actually get to the income part than companies are letting you know. Even affiliates programs can be guilty of this if they want you to do too much advertising or marketing work yourself. However, joining a VPN affiliate program really is quick and easy.

In most cases, all you have to do is create an affiliate account with the VPN. Then you get a referral link that you can use (plus sometimes a sign-up bonus, which is nice). Simply paste this link in published content that you have to start seeing results.

Of course, giving people a good reason to click on your referral link is key, and this is where VPN programs are especially easy to adapt to. If you want, you can simply say: “This is the trusted VPN that I use for my work, give it a try” and provide the link. For people who understand VPNs, that’s usually enough to ignite their curiosity. If you want to include longer explanations, you can do that on your own time, however is easiest for you!

 

You Can Use Your Existing Blog and Social Media

You don’t need a lot of resources to start earning money from a VPN affiliate program – usually, your online activity is already enough! Common places where VPN affiliate links thrive include:

• Blogs: Put in a link recommendation at the end of your blog, or create blog posts specifically to talk about VPNs, why they’re important to you, and which you recommend.
• Social Media: It’s easy to paste a referral link into the appropriate spot on your social media, perhaps a quick description of the security options you favor.
• Social Platforms: This refers to platforms like Twitch where you reach an ongoing audience. In these cases, your audience has a vested interest in the software and security you use, so referring to your VPN in your profile makes a lot of sense.
• Websites: Does your business rely on the VPN for protection or the security of customers? Mention it, and include the link so that people know where to go to learn more.

 

It’s Fine if People Take Time to Make Their Decision

One concern that people may have when signing up for these programs is what happens when people click on the referral link but then just don’t do anything. Do they still earn money? Well, referral programs will only produce income if the referee signs up for the service. However, most VPN referral links include cookies that will wait for the visitor to make a decision. That means that even if they come back weeks later to sign up, you will still get credit for it. These cookies, however, do tend to have a time limit, such as a month before they disappear.

 

Account Managers Can Help You Along the Way

Looking for more in-depth referral options? May you have a business or a blog that’s particular focused on digital privacy and VPNs, and you want help getting the most out of your referrals. VPNs like Surfshark provide you with a dedicated account manager that can help you set up your account quickly and get started on an effective commissions program: You can also get answers to questions about SEO, link buttons, and much more! This type of introduction and advice may be especially helpful for those who are new to affiliate programs. You can visit https://surfshark.com/affiliate to learn more about this process!

 

You Can Access Extra Bonuses

If you want to earn as much as possible, there’s good news: Many VPN programs offer extra bonuses for specific affiliates that bring in more business. These bonuses include more partnership opportunities and additional assets that can help you earn even more money. These options give you a path into growing this part of your income in the future if it turns out to be successful for you.

Keep in mind, basic programs have tiers you can progress in over time even if you prefer to keep things simple with a few links here or there. You may be able to earn a greater commission just by sticking with the program for several months.

 

Withdrawals are Very Easy

Withdrawals are quick and effortless! Payouts are arranged digitally and generally accessible after a month or so of activity. Many VPNs offer payment through familiar programs like PayPal, so this part of the program is easy to set up and reliable. You can withdrawal as you need to, according to your own schedule, or set up auto payments if this works better for your situation.

 

VPNs Offer a Lot of Versatile Features

Why does this matter? Because it gives you excellent ways to market a VPN when you’re a part of the program! Many affiliate programs are somewhat limited in what you can talk about. If you’re an affiliate for a hotel, you can encourage people to…well, stay at the hotel. Maybe rent a room for employees.

A VPN, on the other hand, has many different applications, which means you can advertise those services to a variety of people. Some people may want a VPN because of how it facilitates peer to peer data sharing. Others may want it so that their internet provider can’t track their activity as easily. One group of users may be interested in general information encryption as they browse online, while another may be interested in how a VPN allows them to access content from other regions they couldn’t get before. All these features are different marketing options for you to use when recommending the service!

 

Your Own Growth Will Also Grow Your Income

A great thing about this type of affiliate program is that your own success can also increase the income you receive from the program. The more you grow your own audience, the more views your affiliate links will receive, which in turn raises the likelihood of more signups, increasing your income flow. As your own online presence gets more results, your income from affiliate programs can also grow, a win-win scenario that rewards your efforts in multiple ways.

The post Why a VPN Affiliate Program is a Good Passive Income Stream appeared first on MoneyMagpie.

How to Hack New Website SEO Like a Pro in 2020

Do you have a new website and you’re trying to learn new website SEO to get some traffic flowing into your website?

With almost 1.8 trillion websites online right now, it can seem like a daunting task to get attention in the search engines. There are things you can do to give your new website a good base for SEO.

Continue reading this article to learn more about the best SEO strategy for a new website.

1. Get Your Google My Business Listing

Your Google My Business listing is free but it can give you a nice look in the search engines if people search your business.

You can optimize the content with keywords, photos, and even social updates. Having a Google My Business listing helps your business since you can link to your website from the listing and is likely one of the positive signals for SEO.

2. Create and Submit Your Sitemap

Sitemaps make a list of all the pages on your website and submitting your sitemap will help Google and Bing find all of the pages you are trying to get attention for.

As you add new pages, you can update and resubmit your site map.

3. Target Low Competition Keywords

When you’re just getting started, it is going to be more difficult for you to get traction in the search engines. Targeting low competition keywords will allow you to start ranking for keywords and getting some traffic to your site.

Once people start visiting your site, there will be other signals such as time on site, bounce rate, and click-through rate.

4. Create a Content Plan

If you want to get a lot of traffic from SEO, you need to have a content plan that is going to back up that goal.

When your site is new and only has a few pages, there aren’t a lot of opportunities for search engines to rank your pages. Put together a realistic content plan and know how much content you’ll really be able to put on your website.

Once you have your content plan in place, for best results, stay consistent with your content creation.

5. Build Links

Even though you can buy website traffic to show the search engines that your site is alive and well, you should also build links to your content. Without links to your content, it is going to be difficult to rank.

There are a lot of ways to build backlinks, but some of the most popular methods are through social bookmarking, guest posting, and influencer marketing.

You’re a New Website SEO Pro

Now that you know these new website SEO tips, you can start to work on building a good foundation for your website.

Do you need more tips and tricks for getting your online business off the ground? Our site is full of articles that can help you as you’re building your online empire.

Browse our site, find your favorite SEO articles, drop a bookmark and come back again soon.

The post How to Hack New Website SEO Like a Pro in 2020 appeared first on Zac Johnson.

11 Steps to become a Millionaire Before You’re 65

Reading Time: 6 mins

So, you want to become a millionaire by the time you retire?

Well, we’d all like to do that!

It’s not easy, but it’s not impossible either.

Follow these steps and you could be richer than you think:

• • • Make a plan
    • Start saving
    • Enter a few competitions
    • Get a free financial health check
    • Develop an app, book or something with a never-ending lifespan
    • Invest in bonds, stocks, ISAs or even gold
    • Find a career with rich pickings
    • Find a partner and help both of you become millionaires
    • Ask family and friends for a small bit of help
    • Have an emergency fund
    • Expect it to take time

 

1. Make a plan

If you fail to prepare, then prepare to fail. It doesn’t matter what you want to achieve in life – make sure you have an idea about how you’re going to get there. Becoming a millionaire isn’t easy, if it was everybody would be there, but it’s not impossible either, so have an idea about how you want to go about doing this.

What’s your time frame? Are you going to save? Where can you get financial help? Make a list of questions and see how you answer them, then put together something to make it possible.

 

2. Start saving

If you’re going to become a millionaire by the time you retire, you’re going to need to start saving as early as possible. Yes, there are some lucky people who can save a lot later in life or who scoop a lot of money from inheritance, but most of us will need something a lot earlier in life.

Again, make a list of questions. How much do I earn? How much can I afford to put aside after bills, food etc? Make a list of questions and again, see what you can come up with.

Also, see if you’re enrolled into a workplace pension. This is an automatic requirement for workplaces to do if they’re employing someone earning more than £10,000 per year. Know that as you put money in, so does your employer, so it’s worth continuing and asking about.

 

3. ENTER A FEW COMPETITIONS

There are plenty of competitions out there, free to enter, which yield big prizes.

Pick My Postcode is one such giveaway. They give out £850 per day and have given more than £10,000 out in prizes. There’s more on how it works here. Sign up today to be in with a chance of winning.

Another competition is on the Nielsen Survey app, where you can win £30,000 just by signing up. It’s a really simple way of winning big money. You don’t have to do anything except keep the app on your computer/phone and wait for the competitions to come.

Check out a load of other competitions you can enter right here on the MoneyMagpie website.

 

4. Get a free financial health check

If you’re going to make big money, you need to make sure all your finances are completely in order. The best way to do this is with a professional who can advice you on what’s best to do with your money.

We’ve teamed up with VouchedFor to offer a free 30-60 minute call or meeting with a local, well-rated IFA.

With more than 4,500 independent financial advisers and over 60,000 reviews, VouchedFor is home to the UK’s top advisers.

Leave your details and VouchedFor will find the best adviser to help you.

Apply for your free financial health check here. 

 

5. Develop an app, book or something with a never-ending lifespan

You could consider developing an app for phones and computers, writing a book, or even start singing on YouTube. If these things boom, you’ll get money coming in alongside your day job, potentially for as long as you live.

All you need is your one idea to go viral and it could make you a fortune – and continue doing so for years to come.

So, get thinking of something that you can make money from now but that doesn’t have a short lifespan so you can continue making money from it for the foreseeable future.

 

6. Invest in bonds, stocks, ISAs or even gold

If you have savings or are waiting for them to build up, a bond could be something worth considering.

It gives you an income on your savings by paying interest regularly. They’re less risky than stocks because they’re less likely to lose money.

Nonetheless, if you want to invest in stocks, they’re another way to build up your cash.

Stocks simply are a way to own a share of a company. When you buy a share in a company, you own that share of the business. You may have to wait to buy a share because not all companies sell them all the time.

If the share goes up in value, you can sell it and make a profit. Alternatively, you may be paid a dividend. These are payments made to those who have shares. They come out of the business’s revenue.

Another option is an Individual Savings Account (ISA). You can save up to £20,000 per year in one of these without paying tax. There are many different types of ISA: cash ISAs, stock and shares ISAs, innovative finance ISAs, Help to Buy ISAs and lifetime ISAs.

The good thing about an ISA is it offers tax-free interest payments so you can increase your cash yield.

The stocks and shares ISAs present another way to increase your cash. But, it works on the trust you give your provider to invest your ISAs in the best companies. It’s also riskier as you may not get back as much as you put in because of the price of the stock market.

A different option is to invest in gold. You can do this by going to a gold seller or you can take out a Glint card and download an app, and they will store your gold (protected by Lloyds of London) in a vault in Switzerland.

Investing in gold could be a good idea because as the value of money falls, the price of gold generally remains steady. Investors say it’s one of the best investments to make as it recovers its value pretty fast following an economic downturn.

 

7. Find a career with rich pickings

It’s never too late to change career, and wherever you are in your life you can consider a change.

There are plenty of career options, which, if you stick to, could see you climb the ladder and get some good cash too!

With university, you could do a degree and have it paid for by the Government (you will pay this back on any earnings over £25,000 following the completion of your studies).

You could then train to do a master’s degree and take out the master’s loan if you really want to maximise your potential.

Obviously, pick something you like and you’ll enjoy it so much you won’t realise, when you get those promotions, how you’re climbing the ladder and earning a lot of cash in the process.

Here are 10 surprisingly well paid jobs to get you started. 

 

8. Find a partner and help both of you become millionaires

Have you thought about looking for love? Having two wage packets coming in is better than one and you may find yourself becoming richer must faster.

With two people there’s double the option for savings, and double the potential to get rich by your retirement.

There’s also added bonuses such as the Marriage Allowance, which allows you to transfer £1,250 of your working Personal Allowance to your partner, saving up to £250 a year.

 

9. Ask family or friends for a small bit of help

If you need a leg-up, can any of your family or friends help? Could they help you with a deposit on a property? Or, can they help towards money for an ISA?

You don’t need to borrow big amounts but if you can get something together, that may help for the whole project.

 

10. Have an emergency fund

Life can throw us many unexpected things, so it’s worth having emergency reserves just in case. Build up your savings and have some money allocated left over that can be put to use if a rainy day happens: you never know!

 

11. Expect it to take time

One of the biggest pieces of advice in this piece is be patient. Unless you win an amazing competition or get very lucky with stocks and shares, you really can’t become a millionaire over night. Expect it to take many years, but know you’re on the right road. ‘eck, if you don’t make it, at least you’ve had fun trying. And that’s also important: have fun along the way, because that’s just as important as the money!

Have you got any tips for becoming a millionaire before you’re 65? Is it something you’d be interested in giving a go? Let us know in the comments below.

 

The post 11 Steps to become a Millionaire Before You’re 65 appeared first on MoneyMagpie.

Sure-Fire Ways to Make yourself More Marketable to Employers

Reading Time: 3 mins

Do you want to stand out from the crowd and get hired? Then these tips will help you to promote both your skills and experience, so you won’t have any problems at all in finding the position of your dreams.

 

Demonstrate your Skills

Hard skills tend to fluctuate year-to-year. At the end of the day though, soft skills never go out of fashion. Studies have shown time and time again that employers care more about soft skills when compared to technical abilities. Teamwork, problem-solving and even conflict resolution, are all particularly valuable to employers, regardless of the industry that you are working in. If you want to make the biggest impression when you are attending a job interview. then it helps to make sure that you give examples of your skills and how they can be used.

are able to deliver results as a leader. If you want to take a course, then the University of Alabama Birmingham have plenty to choose from.

 

Build a Strong Social Media Presence

Twitter, Facebook and various other social media platforms are fantastic if you want to build your brand. It will also help you to connect with other influencers in your field as well. At the end of the day, a strong social media presence will also help you to be spotted by various recruiters and this will really work in your favour. The key here is for you to try and stay active. You have to make sure that you don’t just create a profile and then let it collect dust. You ultimately need to make sure that you write posts on a regular basis and that you also tweet updates from the events that you attend. The more you can do this, the more you will be able to build your personal brand overall.

 

Become Active

Believe it or not, joining an industry group isn’t enough. If you want to truly impress your potential employers, then you need to take on an active role. This could include volunteering to be the person who speaks at conferences or even trying to become a panellist. Little things like this can really help you to become better at your job.

 

Acquire some New Skills

Take a look at the job advertisements that you see, what are people hunting for? If you have your answer, then now is the time for you to go out there and acquire those skills. If you are able to get in-demand certifications or even accreditations, then this will make things way easier for yourself and you will be able to stand out more too.

 

Volunteer

Another way for you to try and upgrade your skill set would be for you to volunteer for a charity. When you do offer your time at a favourite charity you can easily give back to others while also gaining perspective and meeting new people as well. Plus, showing your charitable side is a fantastic way for you to gain the interest of prospective employers so do keep that in mind.

 

Take the Time to Boost your Resume

Another thing that you need to do is boost your resume. When you apply to jobs, you need to make sure that you quantify your achievements and that you also invest in your cover letter too. Use your numbers to tell a story because at the end of the day, data shows your experience and your expertise far more than you realise. If you don’t have numbers like this then you are essentially just talking about your responsibilities. For example, if you put down on your resume that you managed a budget of X amount or even that you managed to cut down internet costs for your company by over 15% then this will mean far more to your employer when compared to saying the same information but without the numbers.

So there really are many things that you can do to try and boost your career efforts and if you take your time and really let your resume shine, then there’s no reason why you won’t be able to get a great result out of everything you put yourself forward for.

The post Sure-Fire Ways to Make yourself More Marketable to Employers appeared first on MoneyMagpie.

The money maker you need to take advantage of in 2020

Reading Time: 2 mins

Yes, it’s that time of year again. That time when all your Facebook friends suddenly turn into philosophers, and talk about how they’re going to attack the year. You also need to become adept at dodging gym managers, who lurk in the shadows outside the gym – waiting to slap that chocolate out of your hand and drag you into the sweaty interior.

Of course, if you do plan to get in shape this year, then all power to you. We’re just curious as why people so rarely have the resolution to make some more money. They say money doesn’t bring happiness – although we’d argue it certainly helps.

 

Making more money in 2020

We’re not talking about getting a new job or camping in your boss’s office until they give you a raise. Instead we are talking about maximising your money’s potential – making it work harder. Sure, it feels good to see a healthy number in your bank’s current account, but what is that money actually doing? The short answer is not a lot. So why not do something with it?

There are plenty of traditional things you can do with that money. Investment, for example….we’re all for people learning more about making their money pay.

However, what if you need that money to be available at the end of the month to pay bills? This is a situation I think most of us in the UK can sympathise with – and in such situations having that money locked into an ISA is rarely a preferred solution. Especially considering that today’s interest rates are not exactly mouth-watering.

 

The risk-free solution – matched betting

So, as you sit on your stationary bike in a packed gym, you might be thinking that it’s best to stick to the gym resolution and pack away the idea of making more money until next year. However, fear not, MoneyMagpie may have a solution. A solution that sits perfectly between the two ideas we’ve mentioned. A way of investing your money, that holds no risk and allows you to instantly recall your money should you need it.

This apparently mythical solution is Matched Betting – the ultimate second income. Once we get past the word betting and the assumptions that come with that word, you can find a method of making money that is not only profitable but can be treated as a pastime. Much like the gym – spending one hour a day matched betting for a couple of days in the week will make all the difference.

Matched betting utilises bookmaker offers in such a way that you can extract guaranteed profit from these offers without risking your money. An alien concept? Definitely. Proven to be profitable? Absolutely!

So, start this year the right way and build that bank balance. Let’s make our money work harder in 2020!

 

New YEar Special offer

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And if you have any questions, read our comprehensive beginner’s guide to Matched Betting here. 

 

The post The money maker you need to take advantage of in 2020 appeared first on MoneyMagpie.

Business law: Why it might be the career for you

Reading Time: 3 mins

Working in law always seems quite a glamorous job. The high-profile court cases and the excitement of going to trial and seeing the end result of all of your hard work. But, what happens if you fancy working within the legal system, but do not want the drama and pace of trials and courts? If this sounds like you, business law may be a pathway worth exploring.

Every single day, all over the world, business lawyers are working for businesses of all shapes and sizes, from small start-ups to massive corporations, and everything in between, including government organizations, to thrash out deals, navigate complicated legal tenders and to generally make sure that everyone is operating on the correct side of the law.

To do this job, you have to have qualified as a lawyer. You may already be running your own practice, or looking at changing position within the one you are working in. This is where looking to pursue a master’s in busines law with the USC may be something to consider. 

Here, we are going to look at some of the tasks that business law graduates undertake, what is required of them, and why it might be the right career option for you.

 

What sort of things do business lawyers do?

Those within this field spend a lot of time in negotiations and formal environments. They work on behalf of commercial enterprises, whether big or small and government organizations. Some of the things that they may do include:

• Advising clients in private legal matters and before going up against a government agency
• Looking at legal precedents and analyzing legal issues
• Interpret and explain laws, rulings, and regulations for businesses
• Present facts to clients and make arguments and negotiations on their behalf
• Prepare and file official legal documents, such as lawsuits, deeds, and contracts

These are some of the more common tasks that a business lawyer will do. They may also act in a mediatory role regarding commercial matters, or they may choose to focus on a particular area.

 

What personality traits do you need to have to be a business lawyer?

• Inquisitiveness: Being ‘nosey’ and asking lots of questions about lots of things is a personality trait that many business lawyers have. They often have a sense when something isn’t quite right and ask lots of questions to find out if their hunch is correct.
• Self-motivated: When you have piles of contracts to draft and deeds to read through and check, it can be very easy to drift off and get distracted by something a little more interesting. However, when something is an integral part of your job, you have to have the self-motivation to plow through and do the tasks that might not be quite so interesting.
• Detail orientated: When it comes down to it, focusing on the small details is what a business lawyer does. They are there to go over everything with a metaphorical magnifying glass and make sure no little details have slipped in there – or not been put in there – that could potentially affect the whole deal, or change how legal something is.

 

What other opportunities are out there for graduates of business law?

If at any point, you want to look at an alternative career pathway, business law opens up plenty of other opportunities. These include:

• Real estate law: Attorneys specializing in this area work with sellers and buyers of properties to prepare contracts and sort out any issues in the matters of real estate and land. 
• Employment and labor law: This involves fighting for the rights of employees who have been mistreated by their employers – or helping employers sort out any issues that they may be having with their staff.
• Intellectual property law: As technology advances and there are more and more developments in the world of business, there is a growing need for lawyers who specialize in intellectual property law. They deal with copyrights, patents, and trademarks and are there to protect the rights of ownership.
• Taxation law: Lawyers in this area typically advise corporate clients on state and federal tax regulations and rules. They may give advice on how much tax is to be paid from profits to comply with the Internal Revenue Service.

Business law may not always be seen as the most dynamic and exciting of the many law disciplines, but it is one that is diverse and important, and one that will always be needed. 

 

The post Business law: Why it might be the career for you appeared first on MoneyMagpie.

The six most overrated factors in getting rich

Reading Time: 5 mins

Oprah Winfrey came from a simple background, inherited nothing, didn’t study at an elite university, and probably only bought stocks long after she was rich.

So many people have the wrong ideas about getting rich. The most common misconceptions are these:

• People get rich because they are lucky
• People can only get rich if they had an excellent education
• People get rich because they invest in stocks
• People get rich because of their parents’ connections
• People only get rich at the expense of others
• Most rich people inherit their wealth

 

People Get Rich Because They Are Lucky

Some people believe that rich people have simply been luckier than everyone else.

Of course, lucky breaks do play a role in becoming exceptionally wealthy, but the role luck plays is largely overestimated. Over the decades, good luck and bad luck usually balance each other out—hardly anyone experiences a run of good or bad luck that extends over decades. Take lucky lottery winners for example: most end up poor again just a few years after their ‘life changing’ wins because they do not have the right mindset for wealth.

In contrast, there are plenty of examples of entrepreneurs and investors who rebounded from bankruptcy within a few years because, having risen to the top once, because they still know how to make money. And getting rich is not just about having a lucky break, it is far more a question of whether someone recognises the opportunities life throws their way. Lots of people get opportunities, but they simply don’t appreciate them for what they are. Others might recognise an opportunity when it comes their way but fail to act on it. People get rich because they are not only good at recognising opportunities, they are also able to act decisively and effectively.

 

People Can Only Get Rich If They Had An Excellent Education

Some people think they don’t have what it takes to get rich because they didn’t attend university. But a quick glance at a list of the world’s richest people reveals that many of the superrich were university dropouts or didn’t even make it through high school.

Clearly, attending an elite university is by no means a prerequisite for getting rich. In Germany, the study The Wealth Elite confirms that there is no correlation between school and university achievement on the one hand and financial success on the other. If success in life came down to academic business knowledge, then business administration professors the world over would all be multimillionaires or even billionaires.

 

People Get Rich Because They Invest In Stocks

Of course, investing in stocks is a good thing. But stocks are more about staying rich than getting rich. In a survey of 472 rich people in Germany, only 2.4% said that stock market investments were the main reason they became so wealthy.

Then there’s Thomas J. Stanley, who interviewed 733 millionaires for his book The Millionaire Mind. Although his survey was conducted as stock markets were enjoying an extended boom, only 12% of his survey’s participants said stocks were a major reason for their financial success.

Among the superrich, the proportion who became rich through stocks is lower still. Take a look at the Forbes list of the world’s 500 richest people—almost everyone on the list got rich as an entrepreneur (or they inherited their fortunes from their parents, who were entrepreneurs). Warren Buffett is frequently cited as a prime example of someone getting rich as a result of canny stock market investments, although the truth is not quite so straightforward as all that. But anyway, he is a very rare exception on the list of the richest people in the world.

 

People Get Rich Because Of Their Parents’ Connections

Yes, relationships are an extremely important factor in getting rich. And, naturally, for some people, their parents’ connections or the friendships they cultivate while attending an elite university do play a significant role.

Of course, anyone who becomes rich needs to be good at building relationships. But the rich don’t inherit their most important relationships from their parents, they have to learn how to become excellent networkers and be able to build relationships for themselves. Anyone who relies exclusively on the relationships they inherit from their parents will be far less successful than those who know how to build strong new relationships. Oprah Winfrey is one of the most adept networkers the world has ever seen—but the relationships that helped her climb to the top were neither ‘inherited’ from her parents nor were they cultivated at an elite university. She built them herself.

 

People Only Get Rich At The Expense Of Others

This is undoubtedly true for criminals—drug dealers and the like. Fortunately, they only represent a very small minority. Even so, their wealth is usually only temporary, because at some point they end up in prison or dead at the hands of rival criminals. Most rich people are entrepreneurs and have earned their fortunes providing benefits for millions or even billions of people.

Bill Gates did not become rich at the expense of others; his wealth is the product of developing and marketing products that were of great benefit to consumers. The same applies to Sergej Brin and Larry Page, the co-founders of Google, as it does to so many other entrepreneurs—the more benefits they offer to large numbers of people, the richer they become.

 

Most Rich People Inherit Their Wealth

In fact, the opposite is true. In 1984, less than half of those on the Forbes 400 Richest Americans list were self-made billionaires and multi-millionaires. By 2018, this figure had risen to 67%! The role of inheritance is overestimated because most heirs are unable to preserve or even grow their assets.

In 1901, the German author Thomas Mann published his epic novel Buddenbrooks. The novel has a subtitle, “The Decline of a Family,” and chronicles the gradual deterioration of the Buddenbrooks, a rich merchant family, over several generations. And real life often tracks a similar course to Mann’s novel, as demonstrated by the researchers Robert Arnott, William Bernstein and Lillian Wu in their essay, “The Myth of Dynastic Wealth: The Rich Get Poorer.” Their key finding is that, “The average wealth erosion for the 10 wealthiest families of 1930, 1957, and 1968 … was 6.6 percent, 5.3 percent, and 8.7 percent, respectively. These figures correspond to a half-life of wealth—the length of time it takes for half of the family fortune to be redistributed within society through taxation, spending, and charitable giving—of 10 years, 13 years, and (remarkably) 8 years, respectively.”

 

About the author:

Dr. Rainer Zitelmann is a historian and sociologist. He is also a world-renowned author, successful businessman and real estate investor. His most recent books, The Wealth Elite (https://ift.tt/30jAmLq), The Power of Capitalism (http://the-power-of-capitalism.com/), and Dare to be Different and Grow Rich : Secrets of self-made people who became rich and successful (http://daretobedifferentandgrowrich.com/), were released in 2019.

 

The post The six most overrated factors in getting rich appeared first on MoneyMagpie.

If you want to post in this subreddit, you must Private Message me

Due to the huge amount of spam (about 1 in every 100 posts is a legit post), if you have a legit post for this subreddit, post it and then send me a private message and I can then approve it. Include the title of the post so I can find it and approve it quickly. If you do not private message me, I will likely never see your post and it won't get approved.

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Donating Plasma: $20 - $50 up to 2 times a week [Quick Money]

For those who need money quickly, donating plasma can be done in most places across the US 2x weekly with earnings of $20 - $50 per donation (the bigger you are, the more plasma you can donate and the more you'll earn). If you're interested in doing so, a good article to read: https://www.theatlantic.com/business/archive/2018/03/plasma-donations/555599/

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Part-Time Flexible Work: 2020 Census Jobs

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Resolve to Earn More: 52-Week Making Money Challenge

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How to Turn Old Clothes Into Cash

Is your closet getting a little cramped? At a certain point, you just find yourself glancing into the cotton abyss and there are many things...

The post How to Turn Old Clothes Into Cash appeared first on SavingAdvice.com Blog.

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