Ensuring your Retirement Plan will Work for you

Here are a few ways to ensure your retirement plan is on track and will work for you:

  1. Realistic Retirement Date
    Your age at retirement affects your finances you are saving towards it, ensure you have a realistic age of retirement in mind. Keep in mind that when you retire you will no longer be putting the money away for your pension but spending that money.  Always ensure that the retirement fund you have invested in is stable and your funds are secure.
  2. Take out Extra Benefit Cover
    It is always a good idea to ensure you have good benefits cover with either your retirement fund or life insurance cover or both. That way if you are forced to retire earlier than expected for some unforeseen reason due to a sudden disability you have the extra benefit cover.
  3. Save, Save, Save and Save some More
    Savings and Investments are another way to ensure you have that bit of extra for those rainy days or unforeseen expenses that leap out at a person.
  4. Pay Off all your Debts
    Try to get loans, car and house finance fully paid before your retirements date that will cut down your living expenses allowing you to enjoy your pension without the added burden of accounts.
  5. Keep you’re Finances in Order
    Keeping your finances in order is always the best practice no matter what stage your life is in!

Financial advisors can help you keep your pensions, investments and savings on track.  If you are unsure or need help find one that you are comfortable with and can build a relationship with after all it is your money and future at hand so you deserve to fussy and picky when choosing the right one for your needs.…

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Debit Card Fraud is on the Rise – 5 ways to Prevent becoming the next Victim

There are many ways for criminals to gain access to your debit card and with some of the devices in use these days it is not a difficult thing to do.  The worst thing about your debit card being misused is that the money leaves your account instantly, almost like someone stealing cash right from your pocket or purse.


It is always advisable to keep an eagle eye on any funds in your account and using online banking makes it a little easier to detect fraudulent activities on your account.

As prevention is better than being stolen from here are ways to help prevent you from falling victim to debit card fraud:

  1. Set-Up Telephone Banking with alerts
    Knowing what transactions have or are going through on your account and keeping a keen on eye on them is the best way to manage your money. But having alerts to advise you as to when they have gone through including that of money being drawn from an ATM or used at a point of sale unit is also extremely useful and can alert you to unauthorised transactions as soon as they happen.
  2. Try Using only ATM’s at a Bank
    If you are going to need cash try using ATM’s that are at a Bank as they tend to have better security than the smaller ones found in stores or at petrol stations.
  3. Beware when Shopping On-Line
    Ensure any online shopping is done through secure networks and check that the company you are shopping online with offers secure banking and are a legitimate company.
  4. Banks Never Ask for Your Pin Number
    Banks will never send you an email asking you for your card number and Pin number.
    Be careful when opening emails that ask you for your banking details as banks have strict rules and policies in regards to this and would never send you such an email. Delete any such emails immediately and contact your bank.
  5. Limit your Paper Trail
    Setting up the phone and Internet banking cuts down on the need for paper printed statements and transaction slips.  These usually have enough information on them to help a criminal gain access to your account so the less you use these the safer your account will be.

Always be alert when it comes to handling your card in a public place, ensure you cover the keypad when typing in your pin.  Don’t give out your pin number and keep your online banking passwords safe and change them on a regular basis.…

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The Easy Workings and Financial Promise of Binary Options – Truth or Myth!

You cannot turn a page on the Internet these days without seeing the words Binary Options trading flashing across the screen.  Promises of making lots of dollars in short spaces of time by using Binary Options Robots, some even promise you can invest as little as $10 to start.


Here are five things to know about Binary Options before you decide to invest your money!

  1. What are Binary Options?
    In financial terms, a binary option is a financial option that can pay a fixed amount of money or nothing at all. Also known as all-or-nothing options or fixed return options.
    Basically, you bet on an outcome over a set term be it from a few ticks to a few months and you either get paid if the outcome is favourable or not if it is not.  Much like betting on a horse or sports game.
  2. How does Trading Binary Options work?
    Traders predict whether the value of a certain asset such as stock, markets, gold, etc. with the rise or fall (increase or decrease) over a set time frame.
    If your prediction comes true you will win if not you will lose whatever you invested in the trade.
  3. Is there money in Binary Options?
    Yes, there is a lot of money in Binary options and it is totally legitimate trading options but it is a very risky one. So the promise of it being a quick financial fix should be taken very lightly.  Even with the legitimate Binary Robots that make the trade a lot less complex for a person still need a certain level of understanding of the markets and trading.
  4. Is Binary Options Legitimate Trading or is it a Scam?
    Although you do get some SCAMS out there, there are a lot of YouTube bloggers that can help a person weed out the scammers! Binary Options trading is no scam and there is a selection of legitimate brokers, Binary options trading companies and Binary Bots out there.
  5. Where can I learn about Binary Options?
    Most Binary Option broker applications have a Virtual trading account that offers you test trading accounts to work with and training videos or literature. It is always best to practice in these virtual environments and learn as much about trading as you can before attempting to trade with your money.  Always trade wisely set limits and trade within your means.

Always trade wisely and within your means, there is a lot of money in Binary options combined with its ever increasing user-friendly Trading Systems it is fast becoming a popular means of trading by both the seasoned professional traders and first-time non-financial traders.…

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