ConsumerFu's blog

Thu
15
Feb

Is the Cryptocurrency Bubble More Like Housing or Dotcom?

In the last two decades, we have already witnessed the collapse of the dotcom bubble, as well as the housing bubble. Both of these periods reflect shared characteristics that are found in all major bubbles: that overall confidence from investors could not be supported by the market. This ultimately caused the bubble to burst. While an estimated $5 trillion was lost amongst shareholders between 2000 and 2002 during the dotcom bubble crash, the $7 trillion loss when the housing bubble burst amounted to 50% of GDP (as per the data in the infographic by ETX Capital).

With new cryptocurrency options showing a significant boom over the last year, a number of analysts and investors have highlighted the new digital currency space as a potential new bubble. Here, we’re questioning whether the cryptocurrency bubble will more closely reflect the dotcom or housing bubble.

Thu
25
Jan

Millennials and Money: 5 Mistakes to Stop in 2018

Millennials and money

Millennials have a bad rap. They're known for not buying houses and splurging on things like brunch and avocado toast instead. 

Well, that may be the perception, but it isn't true.

One thing that is accurate about millennials and money is their relationship with each other is unlike any generation before. 

Millennials and Money

While it is a different economic climate than that of previous generations, there are still some hard and fast money mistakes millennials need to stop making to ensure their financial future (and freedom.)

Let's dive deep into the top five money mistakes of today's millennials and the actionable steps you can take to fix them.

Thu
25
Jan

How to Save Money as a One-Person Business

Starting a business with next to no budget is today a common entrepreneurial theme. Making a successful company out of nothing is the dream for many start-ups, however, most find it difficult to achieve due to the amount of running costs they have to deal with, which inevitably lead to the demise. Reducing these costs to save money is the crucial way of sustaining your business and its growth, making your solo project a success rather than a waste of money. This should be your immediate focus when you begin so If you’re wondering how you can make the shoestring budget work for you, find out how to here.

Tools & Software

Cutting costs is vital to a small business, but in some cases when you need high end software or tools to run your company or provide your service, it can be hard. This is a tough task as you can’t save or cut on something you need to make your living.

Wed
17
Jan

How to Get Started with Social Trading

Social trading is, perhaps, the easiest way to start trading with currencies, commodities and indices. It involves a relatively easy sign-up process and learning how to use the social trading platform you have chosen. Most of these platforms also allow traders to set up demo accounts with which to practice their strategies. Once you have gained the necessary confidence and experience to start making real trades, you can go ahead and open your cash account by depositing money as set by the trading platform. Here are a number of steps you will take when getting started with social trading:

Mon
15
Jan

A Step By Step Guide To Claiming For Your Accident

If you’ve had an accident at work, or on the roads, and you were not to blame, then you may be eligible to make a claim and gain some form of compensation for your injuries. There are numerous different types of personal injury claims, including road traffic accidents, work place injuries, faulty goods or services, medical negligence, holiday accidents, accidents involving animals, or even injuries that have occurred as a result of a criminal offence, such as assault. Understanding how to qualify for compensation after a claim, and how to actually go about the claiming process is important. Whether you’re seeking broken arm compensation, whiplash compensation or any other type of injury claim, understanding the processes involved in making a claim is extremely important. Here, we’ve put together a step-by-step guide to claiming for your accident.

Tue
12
Dec

Useful things you should know about online gambling

Nowadays, online casinos have become more and more popular. They have many advantages. One of them is the fact that you can gamble anywhere anytime, at just one click away. In addition, if you are afraid or ashamed that you might be seen in a casino, this problem also disappears, not to mention the fact that you might forget about the time in a physical casino. However, there are more interesting things about online gambling that you probably do not know. Below are just some of them.

1. Have fun trying out the games beforehand

Some of the online casinos offer the chance for you to try out their games without having to deposit any money. This is one of the main strategies that online gambling sites use in order to attract new players. You should be careful and try to avoid risky tryouts.

Sun
26
Nov

Make the Most of Black Friday and Save on What Matters

The Black Friday is finally here, so make some useful arrangements if you want to make the most out of this big day. The day is approaching with plenty of deals you can`t afford missing out on. Do you know how you will go about the day? Read on.

Mon
13
Nov

Grab a deal on your household bills too this Black Friday

Black Friday often gets a bad rap, because of the behaviour of some of those who participate in the bargain hunting, as they can push, shove, and even trample their fellow shoppers in their urgency to grab the best products on offer. However, it is not all bad: Black Friday can offer excellent bargains to those who shop politely too! Here are some tips on how to get a good deal on your household bills this time around.

Brown shopping bags

Tue
07
Nov

5 Tips to Help You Save for Retirement

With three in ten Americans reporting feelings of emotional and mental stress when planning for retirement, it is time to ask ourselves, how can we make retirement planning easier?  Whether you are a Millennial, Generation Xer, or part of the generation of Baby Boomers the goal is always the same.  To save enough to retire in comfort and be able to live our later years out as we planned when we began working.  Each generation has specific challenges when it comes to planning for retirement, and they may find different ways to achieve these retirement savings goals.  Not only can your generation affect the way you look at and approach retirement, but so can your personal journey as well as the stage you are currently in life.  To ease panic and prevent the additional stress that worrying about retirement savings can bring, check out the five easy

Wed
01
Nov

Top 5 Discounts to Look Out For as a Student

Being a student is one hell of a mix of ups and downs. You get to study your favourite subjects! Partying every night is socially acceptable! You can rock up to your lectures in your pyjamas and no one will judge you – well, mostly. But then you have the money to worry about. After you spend a little too much out at the club or have to shell out cash for an essay writing service after leaving it to the last minute, you can find yourself a little short on money. This is where we come in. We’ve looked into the top 5 discounts that every student needs to look out for to save just that little bit of extra money for you to, you know, live on.

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