David Justin Urbas - Tax Benefits of Real Estate Investment Properties(IRS Rules Explained)

Renting versus buying can be a difficult choice. Still, according to The Wall Street Journal, almost two-thirds of American households own homes. Many more own rental properties or second vacation homes. By contrast, a Gallup Poll found that only one-half of Americans own stocks.

Home equity is the foundation of personal wealth in the United States, representing about two-thirds of net worth for most American households, per Bloomberg. The expansion of home ownership has been stimulated by government programs and tax advantages to incentivize the purchase of houses. According to a study in Social Forces, home ownership leads to “a stronger economy, better schools, and an invested, proactive citizenry.” Homeowners have higher voting rates and are more involved in civic organizations.

Owning real estate has some unique financial advantages. For example, homeowners can deduct their mortgage interest, mortgage insurance premiums, and property taxes from ordinary income. Also, proceeds from the sale of a house are treated as capital gains for taxes – up to $250,000 of the gain can be excluded from income for a single taxpayer or $500,000 for a couple filing a joint return.

More at: http://www.moneycrashers.com/tax-benefits-real-estate-investment-properties/

Understanding Wealth Management: How to Make it Work

Whether you’re saving for the future, want to buy something big like a new house or just want to live a more luxurious life, managing your money is a must. This is where wealth management comes into its own, but how does it work?

Wealth management applies to many different areas of finance. It can concern any investments you have in stocks and shares, your savings, your properties and even your basic current account. Tax, legal planning and even your will are covered by this catch-all term as well.

Why it’s important

Should you have a goal in mind, such as wanting financial security, you’ll need some sort of wealth management in place. This can come in the form of advice from a qualified financial professional or through seeing where your money goes through a variety of channels such as taxation and investments.

More at: http://financialadvicenow.co.uk/understanding-wealth-management-make-work/

Financial Advisor Banned For Cheating Dallas Cowboys QB And MLB Players

The reason so many pro athletes go bust not long after their playing careers are over isn't always because they are spendthrifts. Sometimes--far too often it seems--they are simply cheated out of their money.

Latest example: Ash Narayan, the former managing director of the Orange County, California office of RGT Capital Management, will be barred from associating with any broker-dealer or adviser for steering millions of dollars entrusted to him by pro-athletes into unsuitable investments that would benefit him personally and falsely claiming to be a CPA, according to the SEC.

Narayan, an adviser to Mark Sanchez, a quarterback for the Dallas Cowboys, and baseball pitchers Jake Peavy of the San Francisco Giants and Roy Oswalt of the Colorado Rockies, as well as other pro athletes, ran into trouble when he began funneling his clients' funds into the Ticket Reserve, a fledgling online sports entertainment and ticketing firm that counted Narayan as a board member, according to the SEC.

More at: http://www.forbes.com/sites/mikeozanian/2016/12/21/financial-advisor-banned-for-cheating-dallas-cowboys-qb-and-mlb-players/#7c36d3333e89

David Justin Urbas - How to Choose the Best Financial Adviser?


Wealth generation requires specialized skills, which a financial adviser possesses. However, not all financial planners exhibit the same level of expertise. You need to choose a professional like David Justin Urbas who can frame the best investment strategies to fulfill your wealth creation goals. Follow these tips.

Finding Financial Adviser

First, you need to identify your financial requirements and then start looking a financial adviser. You can ask your family, friends, colleagues or lawyers for the recommendations. You can also approach industry associations for finding a financial adviser in your area. As per David Justin Urbas most of the associations direct their members to follow a code of conduct and participate in ongoing training sessions. Once you have chosen a financial planner, you need to check the educational qualifications, experience and other details, so that you get the best service.

Checking Educational Qualification

You need to check whether your preferred financial adviser possesses the right educational qualifications to assist you in attaining your financial goals. A financial adviser should have the capability for offering you advice after undergoing basic training sessions. In order to raise your chances of receiving advice, which is right for you, you need to search for an adviser who has completed a degree, advanced diploma or diploma in accounting, financial planning, economics or finance.

Ask Regarding the Experience

While choosing your financial adviser, you should clearly ask about some clients whom he or she has served in the past. This will help you in determining whether the financial planner has successfully sufficed requirements of clients whose goals match yours.

You should also check that the adviser offers advice on the financial products, which you possess currently. This is important when you maintain the super fund. You should be careful with dealing with advisers who sell only one investment product as this may not suffice your financial objective.

While selecting a financial adviser, always verify educational and experience. Hiring experts like, David Justin Urbas can help grow your financial portfolio smartly and safely.

Take the Help of a Financial Services Guide

To choose the best financial adviser, you can read the financial services guides, provided by different advisers. Such a guide can help you in knowing about the following things -
  • How the adviser charges and whether he or she receives any additional payment benefit
  • What are the services offered by the adviser
  • Whether he or she has any link to fund managers, such as life insurance companies, banks or other product providers, as this can affect the services or products offered
  • His or her license number
  • Who is the owner of the company where the financial adviser works
Go for Financial Services Offered by Lawyers

There are many lawyers who also work as financial advisers. If you take personal financial advice from a lawyer, make sure he or she has the proper license necessary for providing such service.

These are some of the tips on choosing a financial adviser. So, if you want help in forming investment strategies and planning finances, follow these tips and find the best adviser for yourself. 

David Justin Urbas - How To Get Past The Resistance To Hire A Financial Advisor

If you own a car, chances are you don’t wait until the engine explodes to maintain it.  If you own a home, you likely attend to normal maintenance and repairs rather than waiting until the paint has peeled off the walls or you can see the sky through your roof before taking action.  Yet, when it comes to your financial life (and I am talking about the entire scope of life goals planning, cash flow management, risk management, retirement planning, investments, college planning, estate planning and tax planning) you hide your head in the sand and avoid the “scary” stuff at all costs.  And why not? These topics likely aren’t within the scope of your personal expertise. Believe me, I get it!

In Part 1 of “I Would Hire A Financial Advisor, But…”http://bit.ly/2gEHYQJ   I explored some of the reasons why too many people do not actively seek out help in areas where they lack the appropriate expertise and experience to make consistently informed and appropriate decisions. When it comes to getting financial help, many people are raised with the idea that talking about money is big “no-no.”  In addition to that internal messaging, there is fear and confusion about whom to trust, levels of intimidation due to lack of comfort or knowledge and ego.

More at: http://www.forbes.com/sites/michaelkay/2016/12/20/getting-past-resistance-to-hire-a-financial-advisor/#7e8ef28f52c9

David Justin Urbas - How To Recover From An Accident At Work

Accidents can happen everywhere, but it’s always worse when they happen at work. Of course, when they do, it’s hard to think straight. Your priorities, hopefully, are to get better before anything else. They should be, at least. Depending on the severity of the injury, and the time required for recovery, this might mean weeks off work or it might mean a rapid return to top form. Either way, in such a situation, our personal health is often at the forefront of our minds. An unexpected injury can be quite a shocking experience for friends, family and colleagues, especially if it occurs through quite a severe, painful ordeal. But what should you do next?

However bad your work-based injury, the looming thought of what to do next can be quite worrying for some people. You don’t want to suffer twice; first physically and then financially. If you so much as say the wrong thing to the wrong person in your workplace, you could end up being blamed for your own accident, which isn’t fair at all. So what do you do? Well, we have some advice to help get you back on your feet and avoid pointing fingers at work.

More at: http://financewand.com/how-to-recover-from-an-accident-at-work

David Justin Urbas - All the financial advice you’ll ever need fits on a single index card

At first glance, fiscal planning can seem more complex and time-consuming than it’s worth. But according to Professor Harold Pollack of the University of Chicago, you can fit all the financial advice you’ll ever really need on a single index card. Economics correspondent Paul Solman takes a look at Pollack’s ten easy tips for simple and sensible money management.

David Justin Urbas - 7 Stores With Price Match Guarantees


Comparison shopping used to mean going to different stores, checking prices, and purchasing from the retailer with the best price. That took a lot of time and didn’t make sense for something small, like a pound of hamburger.

Today, you can save hundreds of dollars with little effort. You just need to know how.

Thanks to smartphones and the Internet, you can check competing prices anytime, even in-store. If you find a lower price, you don’t always have to go to the other store to get it – some stores allow you to show the lower price offer at the register, and they’ll match it.

Major chain retailers, such as Target and Walmart, offer price-matching policies as a way to attract more shoppers. This can be a great way to save both money and time on grocery shopping. Instead of running around town for the best deals, you can go to just one store and get the best price on everything.

More at: http://www.moneycrashers.com/stores-competitor-price-match-guarantee/

David Justin Urbas - I Would Hire A Financial Advisor, But...

This is the first in a three-part series.

As a consumer, you may be left in a quandary. You know intellectually that you need and value help in getting your financial life in order, but there's a laundry list of reasons why you don't do it. Do any of the following sound familiar?

  1. “I don’t have time.”
  2. “I don’t know who to trust.”
  3. “I’m embarrassed for anyone to see how little I really know about financial matters.”
  4. “I feel intimidated.”
  5. “I don’t want my spouse to find out that I’ve been faking it.”


More at: http://www.forbes.com/sites/michaelkay/2016/11/29/i-would-hire-a-financial-advisor-but-part-1/#4327621b2b0f

David Justin Urbas - Understanding The Different Types Of Financial Advisors Available

Are you in search of a reliable financial advisor to let your decision-making capability improve? Look into the market and there are hundreds of private advisors available to offer you service. But how reliable are they to approach?

If you are a regular follower of David Justin Urbas blogs, you would probably know that registered investment advisors (RIA) are only available in minor percentages. According to State and Federal Law, only RIAs are marked as Fiduciary Standard professionals. You will also find a lot of self-proclaimed financial advisors who are not at all registered. They can be best described as broker-dealers. They are held to a very minor standard of diligence level on behalf of the clients they handle.

If you want to judge the Fiduciary Standard of the Financial Advisor being hired, the best way to do so is figure out how the professional is compensated.

The Financial Industry primarily revolves around 2 major payment structures 

Fee-Only Compensation

This structure basically minimizes any interest conflicts. In this process, clients are directly charged by the Financial Advisor for the services being offered. There are no other kinds of financial rewards included in this process. Everything is money-centric.  Any Financial Advisor with Fee-Only Compensation facility deals with only one thing: selling their knowledge.

Fee-Based Compensation

Although this process sounds similar to Fee-Only compensation, but there is a stark dissimilarity. In this process, Financial Advisors would be paid not only his/her fee but also a part of commission or some kind of discounts from the client’s business services.  This format is often considered a confusing one.

David Justin Urbas mentions that there is also a certain category of Financial Advisors who don’t come with any specific fee structure for their services. Rather, they are paid compensations through commission being earned through business transaction.

David Justin Urbas - The Secret Graph Your Financial Advisor Isn't Showing You

As the old saying goes, a picture is worth a thousand words. But that actually might depend on the picture.

For instance, if you were to take a snapshot of your financial portfolio, what would it look like? Most financial advisors provide their clients with a pie chart, which assigns a color to each of your assets. It’s useful information, but it’s static. This picture only tells you what you own right now without shedding any insight into the different decisions you may have made over the past weeks, months, or even years to arrive at where you are today.

That’s why we provide our clients with a much more powerful and insightful picture: a graph of their asset allocation over time.

More at: http://www.forbes.com/sites/advisor/2016/12/05/asset-allocation-over-time-graph/#13fca95641ea

David Justin Urbas - Figuring Out The Perfect Financial Advisor To Handle Your Situation

Choosing a financial advisor can be tricky. You need to figure out the right professional expert as per your situation. While looking for a financial expert, you need to understand how often do they meet their clients. Once your personal situation starts changing, you would want to ensure that the financial advisor expert is willing to meet you in order to update your investment portfolio as a response to your changes.  It is crucial for the advisors to meet with their clients at different frequencies.

A financial advisor who would be meet you rarely may not be the right choice for you. Again, if you are planning to meet the professional once a year at your propose timing to discuss your financial situation with them, would they make themselves available before you. At the same time, you would also want your financial advisor to work on your present condition through latest strategies and requirements. In case your situation never changes even after continuous interaction with the advisor, you need to communicate with the professional to understand the situation while focusing on different crucial aspects.

According to David Justin Urbas, you need to ask for the financial plan being prepared by the advisor for their earlier clients. You must understand the consequences of working with the advisor. Are you comfortable with their working procedure? You must focus on the kind of information that the advisor is going to offer you. You must be able to figure out whether the information being offered is fully comprehensive and usable or in non-furnished stage.  This would also help you in understanding their basic work procedures in order to make the clients reach their goals.  You would also be able to figure out their ways of measuring and tracking the results while determining if the results are perfectly in line with the client’s goals and objectives.

Tips from Financial Advisors on Saving Money

Do you want to start saving money for your future? If yes, you must know that it can be a difficult task. Saving money looks easy only from a distance. In reality, it involves various details. Therefore, you have to be very careful, if you want to indulge in effective savings. In this, you may also need help from experienced financial advisors.

In this write-up, we are going to discuss some of the essential advises that financial advisors have for those who want to save money.

# Opt for automatic deposits - If you really want to save, you must have a budget for your  expenses. Within the budget, you can involve both long-term and short-term goals. To save the money, which is not a part of your budget, you must opt for automatic deposits into savings accounts and investments. This money can go to your investments or savings account, either from your checking account or paycheck.

According to financial advisor David Justin Urbas, different technologies can help you in automatically depositing the money, which you want to save. Such technological tools can also tell you how much you can afford to save in a given month or week, by calculating your income and expenditure.

# Keep a track of your expenditure - Many experienced financial advisors are of the opinion that if you keep a track of your income and expenses, you can save better. Once you start tracking your expenses, you can cut down the expenses that are not necessary.

You can also sync technological tools with your financial accounts, so that you can track your expenses. Making separate lists for your subscriptions and one-time expenses is also important in efficient tracking.

These tips from financial advisors can be very useful for you. Use these tips in saving money, so that you can have enough savings for the future. 

David Justin Urbas - The Future of Finances

The basic principles of personal finance are familiar, widely applicable, and not really subject to change. No matter who you are or what you do, you know it’s important to spend less than you earn, avoid high-interest debt that doesn’t produce a measurable return on investment, diversify your investments, and plan for the future.

It’s nice that these and other personal finance guidelines are so well established, even if they’re not always followed to the letter. But their familiarity can be a double-edged sword. When you feel like you’ve heard it all before, it’s easy to tune out valuable financial advice that can improve your financial security and help you avoid costly mistakes.

More at: http://www.moneycrashers.com/reimagine-personal-finance-future-tips-capxtalk/

Financial Advisors Should Ask: What Would Amazon Do?

Amazon used big data to revolutionize how people buy everything from books to blenders. Now the power of cloud computing and big data analytics is set to revolutionize wealth management, letting financial advisors know which of their clients they should love (those who are profitable now) and which they should lust after (those who have more potential).

Too few financial advisors know what their customers are doing with all of their money or understand their real potential. Data and analytics can give advisors information to win with the best customers. It’s like giving someone a map of where all the Pok√©mon are hiding.

More at: http://www.forbes.com/sites/richdaly/2016/09/27/financial-advisors-should-ask-what-would-amazon-do/#684669c4a495

China is an outlier, with higher income-expense thrift

In June last year, one in four mobiles used in India was a smartphone, up from one in five just six months earlier. Add in two more facts—India boasts the world’s fastest-growing large economy, and the planet’s biggest population of millennials—and you can see why the likes of Facebook, Amazon, Uber and Google are falling over themselves to establish footholds here. Jeff Bezos, Amazon’s founder, has publicly stated that he wants India to be his second-largest market, after America, and has backed his plans with billions of dollars of investment.

 More at: http://www.forbesindia.com/article/sp-jain-school-of-global-management/china-is-an-outlier-with-higher-incomeexpense-thrift/44173/1

IFMR Capital: The money conductors

Paramesan Gowda, 48, has been running a makeshift sandwich stall outside the BSE for many years. Given his humble business, he is not the typical customer to whom traditional bankers feel inclined to lend. With its overemphasis on paper work and address proofs, India’s banking and financial services system is not primed to give him credit. Hence, despite being in the heart of India’s financial nerve centre, Dalal Street, Gowda for long lingered beyond the fringes of the financial system, deprived of any formal channels of credit to grow his sales.

More at: http://www.forbesindia.com/article/hidden-gems-2016/ifmr-capital-the-money-conductors/44241/1

Janalakshmi Financial Services: Let's get 'physital'

Jalakshmi Financial Services, set up in Bengaluru in 2008 by former Citibank senior executive Ramesh Ramanathan and his wife Swati, was started with a simple mandate: To run a scalable business that provides small loans to low-income borrowers in urban India. With over 5 million customers currently, borrowing on average between Rs 15,000 and Rs 50,000, it has stayed the course.

What has helped is Janalakshmi’s awareness that technology would play a vital role. To that end, the non-banking financial company (NBFC) embraced technology early in its life, deploying, among other things, a core banking software in its commencing year. This provides software modules to run most parts of a bank’s operations.

More at: http://www.forbesindia.com/article/hidden-gems-2016/janalakshmi-financial-services-lets-get-physital/44271/1

6 Ways To Triple Your Income In Next 6 Months

Among the two main paths- making a living or earning real money, most of the people are interested in choosing the latter one. But, they end up making a living only because they are not aware of the things that will let them make real money.
It is the entrepreneurs who make every possible effort to increase their income. And the main thing that lets them realize their dream is their focus on their goal. There is no doubt that you would also be looking to increase your income; so, here we are mentioning some simple tips that will let you triple your income in just 6 months. Let's start.

How to save money for upcoming festivity expenses

Spending money unnecessarily on the festive seasons is a very common habit and often people with such habit really suffer throughout the year due to extra expenditure on special occasions. This year, if you want to avoid the problem, know the following tips from Justin Urbas.

Reduce use of credit card: 

It cannot be denied that on the festive seasons, especially on the Christmas and New Year, the shops come with great products. To most of us, bringing all these products to home seems really tempting. As a result, use of credit card becomes obvious and the effects of limitless shopping start to be realized soon after the occasion is over. This year , you can easily avoid this problem just by replacing the credit card with cash or debit card. Urbas states, whenever you are going for shopping, carry cash or debit card. It will surely compel you to stay within limit.

List what to buy: 

Before the festive season, list the items and gifts which you need to buy. While going to shop, make sure that your are not purchasing anything extra. Justin Urbas considers that it too will also help you a lot to control the expenses.

Start shopping early: 

Most of us start shopping for any occasion at the last moment and thus, often we do not have the time to look for the best deal. For getting rid of this, you can start a shopping with adequate time in your hand. It will be help you to compare the prices offered by different sellers and get the best deal.

Control spending on food and grocery: 

Not only gifts, often we spend extra on food and grocery too during festive season. You should keep in mind that some shops remain closed on the Christmas and New Year only. In other days, every shop will remain open as usual.

Justin Urbas also suggests to prepare a budget before the season and stay strictly within it for avoiding extra expenditure on the festive season.

Essential Financial Tips For Post-Retirement Days

You need to be financially stable at the end of your career. The retirement stage must go on in a smoother way. Retirement from the job cannot be termed as the end in career. You can start your own venture or get involved in other creative works to make some additional money. However, all these would happen only if there seems to be a stable financial support. A stable financial status will make you and your family safe and secured. It will allow you to enjoy your hobbies and make them your passion to work with. Justin Urbas suggests certain tips to strengthen your financial status post retirement.

Savings on a monthly basis

This is absolutely necessary. In order to make your post retirement stage comfortable and worry-free, you need to start saving money right from now. While being on the job, you have to start with the savings process. Every month you need to save a minimal amount in the bank. According to Justin Urbas, the savings amount may look very nominal but would take bigger shape when you retire. There are retirement schemes available from banks too.

Spending 4% post retirement

You must plan properly on your spending post retirement. The best option is to spend 4% after the retirement. Carry out a detailed planning for the possible expenses you have to deal with post retirement. This is what Justin Urbas has to say: How about spending 4%-5% of your total accumulated savings every year post retirement? Looks like a fine idea because the remaining money will be kept in provision for critical situations.

You can also invest in bonds. As far retirement savings are concerned, there is nothing better than investing in bonds. Bonds seem to be less volatile in nature. Henceforth, you will have lower risk factor in terms of losing money.

How to make a smarter budgets for your business

The small businesses are more likely to have limited resources and thus, the owners of these businesses require utilizing it very carefully. However, still the new entrepreneurs make mistakes to prepare budget and thus, do not obtain full benefits from the financial resources they have. Here are some tips from Justin Urbas for making smart budgets. If you too are facing issues to take financial decisions, use the following tips for avoiding wastage of money.

Know the risks: In any business venture, risk up to a certain level is associated. All these risks, if not managed on time, can have major financial impact on your business. Thus, whenever investing on anything, you should identify exactly which risks are associated with your decision and to what extent those risks can affect your business.

Overestimate the expenses: Surely you make an estimation of the expenses before making budget. For a new business owner, estimating these expenses accurately is difficult. Thus, Justin Urbas suggests that you can overestimate the expenses and can make provisions accordingly. It will reduce the chances of raising financial issues if the expenses increase later.

Be attentive to your sales cycle: Paying attention to the sales cycles is also crucial for perfect budgeting. If there is any off-season in your business, you should know it clearly and will be ready to arrange for extra fund to bear all the expenses during this time.

Be ready for large purchases in advance: While running your business, you might need to bear large expenses such as replacement of any equipment or requirement of raw material in bulk quantity. However, as you have limited financial resources, arranging for fund suddenly might not be easy for you. So, you can plan early for these expenses and create funds for those.

After the budget is prepared, Justin Urbas considers that you need to revise it regularly for identifying those areas which are causing extra expenses. It will also be effective to control money.

5 Suggestions before you go for your first house

Purchasing your first home is not only brings thrill but it can cause lots of stress also if you do not plan properly. However, you can easily get rid of stress and make purchasing of your first house more exciting using the following tips from Justin Urbas.

Credit score: When you are going to buy the first home, credit score if the most important thing you need to have. Higher Credit score is necessary to get loans easily. Nowadays, the standards are being stricter. So, you need to stay aware of these factors for getting loans easily.

Know your assets and liabilities: although home loans are available now, still you have to save some money for buying the first home. Even, in order to get loans, you will need to inform the lender about your earnings and assets. Thus, first of all, you should know how will you save money. For example, you require understanding how much money you have every month after meeting all expenses or which expenses need to be control for cutting down your monthly budget. Next, you should know, how the lenders will evaluate you. Justin Urbas states that if you are self-employed, then getting loans might be more difficult than the salaried ones. In that case, you should have solid proof of income for atleast two years.

Organizing documents properly: Before applying for mortgage or any other loan, you should have all documents proving the income and taxes ready with you. Without proper document, getting any type of financial aid will be difficult. For the first time buyers, making mistakes to do it is quite natural. Thus, for making the process error free and avoiding unnecessary delay,you can take help from professionals too.


Justin Urbas also considers that educating yourself before buying the first house is crucial. You should know for how much loan, you would qualify and the up-front cost, you will be able to bear. Clear idea on your financial condition will help you to take better decision,read more.

3 Great Business Ideas for Busy Homemakers

In recent days, you can see that many women are leaving their career to take care of their families. If you too are one of them and still want to help your family financially, then starting a home based business will be the perfect option for you. However, often the housewives like you have to spend too much time with their families and thus, getting time to do any other task becomes difficult for them. To get rid of such problems, you can use any one of the following businesses ideas suggested by Justin Urbas. These businesses do not need much time or money for being started. So, you can run these easily during your spare time.



Home based bakery or food businesses : If you are passionate about cooking and love to prepare new dishes, then you can earn money just turning your passion into profession. You can start working as chef, can start a bakery or can sell your foods at local stores. If you have enough time to cook for large number of people, you can think of starting a catering business too.

Start a childcare business: You are already taking care of your own kids. So, looking after kids of others too will not be problematic for you. Justin Urbas considers that for women like you, starting a childcare business will be perfect. To start this business, you do not need to make any significant investment and of course you can run this without affecting the family.

Working as seamstress: You skill for working with needle and thread can also give you lots of scopes to earn money. With little investment, you can start sewing the custom made dresses or can craft your own items to sell online.


If you are starting a business for the first time, then managing it might be difficult for you in initial few days. Justin Urbas considers that you can take help from experienced ones in these days to run your business smoothly, read more.

4 most tricky financial tips that will help in the first job

Starting the first job is always a very special incident to all of us. But, most of the people, in first days of career, tend to overspend and thus, face problems in their later lives also. To avoid it in your career too, know how to save money from Justin Urbas.

Make a plan: After getting the first salary, people get so excited that they forget to make financial plans. If you want to save a decent amount of money from your first salary, you should not miss it. Saving money would be easier if you make the financial plans properly. You can make an estimate of all the expenses-such as billing expenses, entertainment costs and other long term savings plans and allocate the money accordingly.

Negotiate properly before starting the job: When joining the first job, many of us do not give much importance on proper negotiation regarding salary. Justin Urbas suggests that there is no point in working in wages lower than your deserved amount. If you want to stay in sound financial position from the very beginning, ensure that you are getting proper value from the company.

Check your budget regularly: From the first month of your job, you have to check the budget regularly. You can maintain a log to track your daily expenditures and savings. Such logs will help you to identify the extra expenses and save money in long run.

Insure yourself: From your first job, you should try to save for worse situations. Nowadays, the medical expenses have been increased a lot. You should try to insure yourself properly for getting financed when you are ill.

Justin Urbas also considers that opening a separate savings account would also be effective to save money. In addition to this, you have to develop the smart and attainable goals also for ensuring a good financial condition for you in future.

Unique Online Advertising



5 Business which one can start online


A brick and mortar store is not always needed to start your own business. Rather, in this age of internet, you can do it online also. Here, Justin Urbas suggested some ideas which the young entrepreneurs can use to start their own online business.

Online retailer: E-commerce sites are now used widely by customers for purchasing different types of products. You too can involve yourself into these businesses without any major investment. If you already have any specialized product, create an E-commerce site of your own and start selling products through it. All you need is just an e-commerce software or a web hosting service with shopping cart feature.

Web designing: If you have proper skill sets, you can think of starting own web designing business. To do this also, you will not need any significant investment, only the knowledge on designing and a perfect portfolio will be enough for starting this business.

Resume or cover letter writing: Having an outstanding resume or cover letter is essential for job seekers. Justin Urbas considers that you can help these job seekers to get hired and earn money at the same time by starting a resume writing business. Apart from writing resumes, you can offer some other services too, such as building Linkedin profile etc for getting more opportunities.

Affiliate marketing: If providing reviews on products or services online is your passion, you can make it a profession too. In this business, you have to promote the products or companies of your choice through word-of-mouth i.e. online reviews. Most of the businesses depend hugely on this type of promotions and you can serve them through your business.

Whatever be your area of working, you should have a proper plan ready before starting the businesses. Justin Urbas considers that you should be adaptable to changes for for getting success in your own business.

5 Financial Tips for Young People.

First of all, congratulations! You graduated from high school and you are ready to begin a new chapter in your life. Whether you have decided to attend college and work part-time, or work full-time for a year after high school, these financial tips will help you to establish yourself and ensure that you will achieve your goals.
Here David Justin Urbas is going to share some thoughts young people. From my point view I will suggest 5 tips as financial advice for young people. These are:
1. Develop a positive relationship with money.
2. Think before you spend.
3. Start saving regularly and automatically.
4. Apply for a credit card to build your credit.
5. Ask people you trust for advice.
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