Tag: Money

How to Save Your Money on AlcoholHow to Save Your Money on Alcohol

Drinking is expensive, whether it is sipping wine at home or going out with friends, since the costs quickly add up. Liquor costs more than soft drinks on a night out because they include other costs like tips to your bartender. Additionally, liquor lovers absorb peripheral expenses to prop up the habit, like an Uber ride and visiting a late-night restaurant.

To help you save money on alcohol, you can use some tips, for example, shopping online from reputable stores. This is a premium store with the best scotch, beer, vodka, whisky, and champagne at competitive prices.

Below are some tips to help you save your money on alcohol:

Consider Drinking at Home

drink at homeDrinking at home is always cheaper than at a restaurant or bar since you pay a markup price when you go out for ambiance. As you drink at home, invite family and friends to avoid going to it alone. Also, learn how to make new cocktails or to share wine. It gives you the chance to practice mixing skills as you sit back without the fear of bills when the knight ends. Though drinking at home seems obvious, the savings are astonishing.

Visit Wine-Making Facilities 

You can opt to make your wine or visit wine-making facilities and hire someone to help you out. In such cases, it is cheaper than drinking bottles on a night out. You save money on suppliers and liquor without messing up the recipe when you hire an expert. Besides, you get the

Common Types Of Loans You Should KnowCommon Types Of Loans You Should Know

Loans have helped many people and institutions to solve their financial challenges. On the other hand, the lending companies have become flexible both on types of loans they offer and the lending rates as well. This great variety has a stream of benefits but can be challenging to choose especially for the first time borrowers. However, loan advisors can come in handy at this point in guiding you on the types of loans that you can get conveniently for your needs.

Common types of loans

Secured and Unsecured loans

Secured loans – these loans rely entirely on an asset like property and land as the security. Therefore, the lender can repossess the collateral in case one does not pay the loan in time or ultimately defaults. Before one can access a loan, the assets must be evaluated to get the current value. One benefit of secured loans is low-interest rates.

mortage bondUnsecured loans – Just as the name suggests, one does not need to have any security regarding collateral. The income and credit history is used to determine the amount of loan one will get. Unlike the secured loans, the interest rates are high to cater for the risk the lender is going through.

Open-ended and close-ended loans

Open-ended loans – these are the loans people keen on borrowing all the time. One good example is a credit card loan which has a limit. As people pay the previous one, they get another. The lender and the borrower have a long-term …