Financial Tips

You may have started your planning for your wedding. While dozens of ideas may crowd your mind be it food, attire or decore, it’s important to have a pre-determined budget. If you are planning for a grand wedding ceremony and that also within a limited budget, then its important to step ahead with a specific approach.

Here are some tips that are given below following which can help you in cutting down the extra corners without compromising on your overall wedding plan. You can also visit FNP Gardens website blog , there you will find many blogs related to organize a luxury wedding with limited budget.

5 Smart Ways to Cut Down The Extra Cost of Wedding

Estimate a Wedding Budget

It is always important to estimate a wedding budget before planing your wedding ceremonies. You may dream a lot of things and arrangement for your wedding, but at the same time, you also needed to think practically. Opt for a wedding venue that is within your budget. Also, you can make a separate savings account before your marriage so that it helps you to deal with the extra cost factor.

Choose the Right Wedding Venue

Opt for a wedding venue that’s near to your home location as it will help you in cutting short the extra cost on transportation. Instead of opting for a grand wedding venue you can choose for the countryside or an outskirt location. To cut down the additional wedding cost of booking a wedding venue you can also plan your wedding on a weekday instead of a weekend.

Opt for Desi Cuisine

In the wedding ceremony food is one area where you can save a lot if planned in an efficient manner. Opt for desi cuisine that is popular and is preferred by a large number of people. Try to avoid making arrangements for international cuisine as it led to a lot of wastage both in terms of money and food. Moreover, you can also cut short on your wedding budget by opting for sitting arrangements in the food section instead of the buffet.

Keep it Simple

Simplicity is the new mantra to make your wedding more exquisite and grandiloquent. Decorate the wedding venue with flowers and vines instead of opting for a grand backdrop setting for your wedding stage. If you are on a tight budget, then skip the thematic approach and simply decorate with flowers.

Limit the Guest List

Every bride-to-be plan to celebrate their wedding in a grand manner. These may give you the thought of tying the knot in the presence of everyone including friend, family members and guest. But if a budget is an issue, then it’s a better option to limit your wedding invitation within close friends and family members. These will also help you to deal with the overall cost factor for the wedding in a more efficient manner.

Takeaway

Doing some research before laying out the overall wedding plan can help you to cut down the extra wedding cost. Moreover, doing so in every aspect will help you to formulate your wedding plan effectively.

 

 

 

 

So, you have been researching current events and stock trading software. Good for you! Just jumping right in and familiarizing yourself with the stock market is one of the best things that you can do to begin learning how to successfully invest. With that being said, there is a lot of information that is being rapidly thrown at you that it can be difficult if you aren’t a seasoned investor to make sense of it. One of the main tools that investors use to predict the direction that a company’s value may go within a specific time period is to use a stock chart. But there are so many. Below, we have listed the main charts that investors use, what they show, and some of the pros and cons of using them.

Line Stock Chart

Perhaps the most elementary chart. It is just a solid line that either moves up or down. Each point (wherever the line moves) is at a fixed interval, which can be set to whatever amount of time has passed whether it be minutes, hours, days, or even months. At the end of the time period that it represents, you will be able to draw a line from the beginning of the graph to the end and either have a line that is pointing upward (increasing in value) or downward (decreasing in value).

This is great for a quick look at whether the company is increasing or decreasing in value over a certain period of time. However, it will not show the opening price, highs, or lows which are helpful in determining if that time period the market was bullish or bearish.

Candlestick Charts (Japanese Method)

This is a highly visual method of looking at the overview of a stock’s behavior over a set period of time. Each stick will look like a candlestick and some will be filled and others will be open. They give a quick look at what the price opening, high, low, and closing prices are as well as volume. This is a great way to get a lot of information really quickly about a particular company, but there are multiple kinds of candlestick charts, which can be somewhat intimidating to the new investor by displaying too much information.

High Low Close Bar Stock Charts (HLC)

These are somewhere between the line chart and candlestick. They will show the stock’s highest point, lowest, and the price at which it is closed. Unfortunately, it doesn’t show the opening price which is an essential frame of reference when determining if the stock’s price has increased or decreased. However, it will show a greater range of days that the stock was being traded and if it is closing near the high, it will help identify if it the marketing is being bullish, or bearish if it is closing near its low.

Open High Low Close Bar Chart (OHLC)

This adds the opening price that the HLC stock chart left off. It will give the frame of reference so it will indicate if the value of the stock is increasing or decreasing, and the height of the bar shows the volume at which it is trading. It doesn’t show as much information as the candlestick charts and others that incorporate it, but it does give a more informational look at a stock’s behavior than just the simple line chart so you can make a more educated guess on whether the stock is going to increase in value by the time that you want to sell. This one is also popular among professional investors.

Conclusion

There are many different types of stock charts and, at the end of the day, each have something that is good and something that could be better, but the best one is the one that gives you the information you need to make a good decision. If you work better with looking at a simple charts and making sense of the news, then that is the right one. If you need the information presented more visually than reading, then you may find the candlestick charts to be better for you. At www.abovethegreenline.com, you can have access to a wide array of technical analyses to help you make a wise choice whether to buy or sell. This is mostly personal preference. So, you will be best served by learning the one that you work best with and learn it as well as you can.

As it’s a smart move to continually increase your finance knowledge, continue reading to discover a couple of financial tips that everyone should know!

Wise financial tips everyone should follow:

1. Don’t give out your pin numbers or bank account login details to anyone

It may seem self-explanatory but you may be horrified to discover just how many individuals share their pin numbers for their debit and credit cards or their online bank account login details with their friends and family members.

While in the perfect world you would be able to trust your loved ones unconditionally, in reality even someone who you trust unconditionally such as a spouse could use your pin number or log in details to withdraw money from your accounts, without your expressed permission.

So do yourself a massive favor and keep your pin numbers and your bank account login details to yourself.

2. Don’t use the same pin numbers on each of your cards

Again, you would be surprised to discover the percentage of individuals who use the same pin number for all of their debit and credit cards. Which is a serious security risk as if one of your cards becomes comprised, all of your cards will effectively become compromised. Which is a scary thought!

3. Don’t allow your laptop or smartphone browser to save your bank account’s login details

Whatever you do, don’t allow your laptop, tablet or smartphone browser to save your bank account’s login details. As you don’t want another individual to use your electronic device and to have access to your hard earned money!

4. Make sure that your bank accounts offer competitive interest rates

While most people are loyal to a single bank, it’s a far wiser move to put yourself first and to do your banking with the bank which is willing to offer you the most competitive interest rates available.

Just think if you’re able to switch your long term savings account to a bank that offers an interest rate which is 2% higher than your current long term savings account, what a difference moving banks will have 10 years down the track. Especially when you factor in compound interest into the equation.

5. Don’t be afraid to ask your bank manager to consider giving you a higher interest rate on your long term savings account

The more money you have in your long term savings account, the more clout you’ll have with your bank manager and the more likely they’ll be to offer you a higher interest rate. Than the interest rate which their bank commonly grants clients.

6. Also, make sure that your bank account doesn’t charge you fees for taking money out of your chequing account

Not all banks charge fees when you take money out of your chequing account to pay for everyday purchases using your primary bank account card. So if your current everyday chequing account does incur such fees, it’s definitely the right time to change the bank which you currently deal with.

Remember that there’s no time like the present to adopt the wise financial tips listed above into your everyday life.