Caleb Nalley | NAMA Partnership

Financial Tips06/12/202206/12/2022

4 Common Financial Mistakes

Making money is hard enough – don’t make it harder by making common financial mistakes. You have to be careful with your money if you want to be successful. According to https://greenrecord.co.uk/eco-friendly-ways-to-manage-your-finances/, here are five of the most common financial mistakes people make:

Going Without a Plan

One of the biggest mistakes you can make is not having a plan. You need to have some financial plan in place if you want to be successful. Without a plan, making impulse purchases or bad investment decisions is easy. A good financial plan will help you stay on track and make better decisions with your money.

Not Saving for Emergencies

Another mistake that people make is not saving for emergencies. Life is unpredictable and you never know when you might need some extra cash. An emergency fund will help you cover unexpected expenses without debt.

Foregoing Life Insurance

One of the most common financial mistakes is foregoing life insurance. This can be a big mistake, especially if you have dependents. If something were to happen to you, your family would be left with nothing but debt. A life insurance policy can give them the security and peace of mind they need to know that they will be taken care of financially. Many people also make the mistake of not investing for retirement. This can leave you struggling financially in your later years. It is important to start investing for retirement as early as possible. The sooner you start, the more time your money has to grow.

Maintaining Unused Services & Memberships

One of the most common financial mistakes people make is maintaining unused services & memberships. This can be anything from a gym membership you never use to a cable TV package with channels you don’t watch. If you’re not using something, get rid of it! There’s no reason to keep paying for something you don’t use. Many stores offer student discounts, senior citizen discounts, military discounts, etc. If you’re eligible for any of these discounts, take advantage of them! You can also save money by using coupons and waiting for sales.

Overusing Credit Cards

One of the most common financial mistakes people make is overusing credit cards. It’s easy to do and can quickly lead to debt. If you’re not careful, you can pay interest on your purchases, which can add up quickly. If you use a credit card, be sure to pay off your balance in full each month. This will help you avoid paying interest and will help you keep your debt under control. Another common mistake is using credit cards for large purchases. If you make a big purchase, it’s better to use cash or a debit card. That way, you won’t have to worry about interest charges.

As you can see, there are a lot of common financial mistakes that people make. Avoid these mistakes and you’ll be on your way to financial success.…

Digital currencies11/10/202111/10/2021

Forex vs. Crypto: What’s the Difference?

Forex is a term that you may be familiar with, but not Cryptocurrency. Forex is the abbreviation for Foreign Exchange and is used to describe trading between two different currencies. On the other hand, Cryptocurrency is a digital asset that serves as a medium of exchange in virtual environments such as online games or social media platforms.

The value of cryptocurrencies can change significantly over short periods due to market fluctuations, so it’s essential to know your risks when investing in these markets. You can find more trustworthy information from websites like proshareng.com to give you a headstart! Let us take a closer look between the two down below:

Forex is More Stable

People have been saying for years that Forex is a stable market to trade in compared to cryptocurrencies. This is because the fluctuation of currencies trading on Forex has been less drastic. In fact, when you compare the volatility for all assets between forex and crypto markets from 2010-2018 using data from TradingView, we can see that the average monthly change in value was 0.76% for Forex and a whopping 19.05% for Crypto!

Forex traders can predict market trends accurately by using charting software, which is not something that you would be able to do in cryptocurrencies because of their constantly shifting values. If you’re considering trading Forex or Crypto in the future but don’t know where to start, feel free to check out proshareng.com for more!

Cryptocurrencies are More Accessible

There is no denying that Cryptocurrency has become well-known globally in the past few years, but it’s still less accessible than Forex trading. When you decide to enter into forex trading, some brokers will provide you with the necessary tools and resources to help you get started. You will also be able to start small with your trades until you feel more comfortable, but this may not always be the case for cryptocurrencies, making it difficult for some traders.

Cryptocurrency trading has become even easier over time as there are now automated bots that do most of the work for you. However, this also makes it harder to know if the bot is making accurate decisions because there is no human oversight. When trading Forex with a reputable broker like Proshareng, you will have access to help and support whenever needed!

Forex Has More Liquidity than Crypto

Another major difference between these two assets is their liquidity. Liquidity refers to how easily you can sell or buy an asset without affecting its price, which means lower liquidity means higher risk for traders because they cannot trade at any time that they want.

Forex has more liquidity than crypto trading because the market is much larger, and many brokers located all over the world provide access to this asset. On the other hand, Crypto has a meager volume and is concentrated in only a few locations, making it difficult for traders to find buyers or sellers at times of high demand if they are located far away from these areas.

The Bottom Line

When comparing Forex vs. Cryptocurrency, the bottom line is that if you are a beginner or casual trader in finances who wants to start with the least risk possible, then Forex trading will be best for you. These markets can also provide more experienced traders with low commission rates and high liquidity, which means access in times of market volatility when other assets may become too complicated. So, make your choice based on what you’re most comfortable with!…

Finance08/24/2021

Helpful Guide to Medical Billing and Coding

The medical billing and coding industry is growing. This is due to the growing demand for healthcare services. Since it is now commonplace for people, especially working people, to receive a medical card as part of their paycheck package, medical billing and coding tasks are also increasing. Medical billing and coding tasks are also on the rise. It’s as the new evaluation and management of medical billing have improved a lot this year. Learn more about the E&M Guidelines for 2021 here.

A medical billing and coding professional is needed to help with this. A medical billing and coding professional can help avoid chaos and keep the physician, healthcare provider, or medical professional focused on saving lives while ensuring that insurance payments and reimbursements for services rendered by these professionals are adequately claimed and assigned.

Overview of Medical Billing and Coding Professionals

Medical coding and billing professionals are highly trained professionals in the field of medical services and procedures. Not only are they familiar with medical procedures and services, but they also have a good understanding of human anatomy and physiology. They are also familiar with all aspects of the health insurance system. They are highly skilled in handling health insurance claims. They are also familiar with the entire claims process, from authorization to settlement. They are also dedicated professionals who take multiple patient claims and manage the status of numerous provider claims.

Evaluation and Management Guideline

With the help of coding professionals, nowadays, medical billing can be more efficient. It’s as they have developed the Evaluation and Management (E&M) coding system. It works to receive reimbursements from public and private medical insurance programs whenever the clients avail their service. This coding system needs to be precise, comprehensive, and complete to ensure the claiming process is efficient. Moreover, E&M has three significant points. Those are the history, exam, and medical decision-making.

Benefits of Medical Coding and Billing Professionals

From the time a claim is submitted until billed, there is a lot of interaction between the person who submitted the claim and the insurance company representatives, who are often the medical billers. The medical biller follows up on all claims and ensures that the appropriate physician is paid when the insurance company approves a claim. She also ensures that if a claim is denied, she can indicate the correct denial of the claim, make adjustments if necessary, and resubmit the claim to wait for the insurance companies to contact her.

In the case of individual claims, this is easy. However, when hundreds of claims are submitted and monitored, such as in large hospitals or clinics, this becomes a daunting task. Physicians who are forced to do this paperwork alone cannot focus on their patients’ lives and save money. They hire a medical coder and a biller to handle the billing. This is more efficient. This is a summary of the work that medical coders and billers do in the medical industry. I hope it has given you a better understanding of the ancillary medical services industry.…

Loans07/05/201807/02/2018

Tips for Applying for a Quick Cash Loan

When having an emergency cash problem a quick cash loan is a good way to obtain the cash that you need. Quick loans are loans that one gets in a situation that requires immediate cash. The interest rate may be a bit high since they are short-term loans. The quick loan approval takes about 24 hours.

The process of applying for a quick loan is simple, the banks only check your credit history, how much can be loaned to you and the interest that suits that loan. Before taking any loan get proper knowledge so that you don’t get yourself in a worse situation.

Know your Credit Score

Don’t make the mistake of applying for a loan without knowing your credit score as this could lead to approval delay or even rejection. Knowing about your credit score means you know your financial situation. This will tell you whether you are eligible for a loan by meeting eligibility criteria of the lender. If your credit has a bad report, then you can only apply for the bad credit loans.

Look for the Right Lender

Take your time in searching for the lender who best suits your requirements for your loan. Check the lender types of loans, their paperwork, their eligibility criteria and the duration of their cash transfer. Compare their changes with other lenders and check the feedback of their previous customers.

Pick the Right Loan

Study different loans types like a business, car loans or personal loan. Decide what category your money needs. Bear in mind that some types of loans interest rates are higher than others and some are secured while others are not. If you are not qualified in one type of loan, then opt for a different type.

Prepare your Documents

Ensure that your documents like employment documents, financial and identification are available. This will enable you to submit your documents when requested to do so immediately. Fast submission of the document might improve your chances for quick approval.

Apply Online

Apply for your loan online if your lender happens to have an online application with document retrieval process. This will save you time and even money instead of going to their office.

Consider Guarantor Loan

If your credit rating is poor or you have no reliable and steady income, it might be hard for you to get a loan from quick cash lenders. In such cases, you may have to try your luck with the guarantor. Your loan approval chance from a guarantor is high because someone else will back you. Ask a family member or a trusted friend to act as your guarantor.

Have a Good Reason for Taking a Loan

Some quick cash lenders will ask for a detailed explanation of the purpose and the reason of taking a loan. You will need to answer questions like why you need the loan and how you will use the money. Although some might not ask you this compared to traditional loan providers, you might find yourself having to answer such questions. Be confident of your ability to repay the loan on time.

For you to get quick approval for your quick cash loan avoid being hasty and rush with your application. Although you are in a situation where you need cash immediately, taking your time and doing your research could increase your chances of approval. If you face hardships and struggles while trying to get a loan, consider taking a guarantor loan as an alternative.…

Personal Financing07/14/201712/14/2017

Personal Financing 101 for Students

Managing your money when you’re a student can be quite hard, especially if you have a lot of things to pay. Textbook fees, extra class, admission fees, and not to mention if you like to go out, you have to manage your pocket money or your own money in case you have a part-time job. But do not worry, here we have listed several ways on how to do a personal financing on your money, read this article to find out more on how you can save more money, be it for going out or perhaps buying the newest gadgets.

Make a checklist

Always make a list of what you need to spend on, having a clear idea of where your money is going will help you save money, while also keeping tracks on what your expenses are. Make sure to list the necessities such as rent, admission fees, textbook fees and more, while also listing other expenses like recreation, entertainment, social activities, etc.

Rent or borrow

As a student sometimes there are several occasions where you need formal clothing, and usually students do not have that kind of clothes. Instead of buying expensive formal clothes, which you’re going to use probably once a year, opt for renting or borrow instead. Renting is a lot cheaper, while borrowing is free, which is the best option if possible.

Tip: when renting, always make sure that you have your dress a few days before the big day, as this will save you from the panic and anxiety in case something happened, and you don’t have anything to wear.

Student discount

Since you’re a student, make sure that you exploit any student discount there is, there’s a lot of restaurants that offer you some lunch promo if you show your student card. Some bookstores also offer some discount if you’re a student, so keep your eyes peeled for those promos.

Sell your stuff

In case you’re in dire need of cash, you might want to sell your stuff on the internet. Perhaps you got clothes that you no longer wear, or maybe your old textbook, you can put them off in the internet for half the price the original stuff is, which is a win-win situation for you and the buyer.

Tip: sell things in a bundle to attract more audience to buy your stuff, for example, a complete set of your old textbooks with low price will indeed save the hassle for the buyer.…

Medical Insurance04/22/201712/14/2017

Why you Should Get a Medical Insurance

We often overlooked on how important a medical insurance is for your life, especially if you’re still young and out in the world. But a medical insurance is not cheap, and you might be asking on why you should get one while you’re perfectly healthy. But we cannot predict the future and sometimes accidents, and natural disaster might happen, and a medical insurance might come handy in situations like this. Here we have listed several reasons why you should get medical insurance, hopefully by reading this article you are convinced on getting the insurance that you need.

Cheaper medical services

Although getting a medical insurance is not cheap, it is an excellent investment in the long run. Some countries, such as South Korea offers more affordable medical checkup or procedures if you have medical insurance. This reason is why you should get one to save some money and time, especially if you get sick a lot. A medical insurance fee can be a lot cheaper than going to a doctor without one, so consider on getting one.

Investment

We’ve said it before on the previous reason on how getting a medical insurance is an investment, and it is. Just like property prices, medical insurance will also face a rise in their rate, so getting a medical insurance while it’s a lot cheaper is recommended as it gets more expensive in the future. Another tip is that sometimes you will get offered a lot of promos, try to haggle or ask for more promos while comparing the insurance with other companies.

Covers more than what you think

Usually getting a medical insurance is all about hospitalization, and it’s true, although honestly, it is more than that. Depending on your level of cover, nowadays medical insurance can cover many different medical issues such as dental, optical, dietary, and even chiropractic services. Just make sure that your

Tip: since insurance company wants more people in their package, they are more than happy to customize an insurance plan for you and your family, which means a lower insurance price for a lot of people.

Qualifications

Some colleges and universities might need a proof of your health insurance for you to enroll. Another reason is that if you’re trying to apply for an international program or applying jobs for overseas, they might try to check if you have medical insurance or not. Reason why is because they want to make sure you’re covered, if not, you might have to apply for coverage in the country of your destination

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