Making A Money Transfer Abroad and Avoiding Mistakes

Do you want to transfer money abroad? There are various ways to send money overseas. However, there are things to be aware of when making a money transfer abroad. They are:

1. Fees

Many companies that move money overseas charge commissions to carry out these services. The amount of these fees will depend on how fast you want your money to arrive at its destination and whether you are using a walk in Agent or through online platforms.

2 Exchange Rate

You should keep in mind that for every dollar you send, there is some amount of foreign currency that is made. That is what is called the exchange rate. Exchange rates fluctuate several times a day or even daily depending on the global foreign exchange market.

3 Security of Your Money

Your money’s safety is an important factor to consider when you want to transfer money abroad. You should make sure you have your recipients correct contact details.

Confirm that your money has arrived to your intended recipient and in the exact amounts that you sent. If anything goes wrong, you should communicate with the money transfer company that you used or the industry Regulator.

How to Transfer Money Abroad

Cash to cash is where you hand over the liquid amount of money that you want to transfer abroad to a walk-in money transfer center. It’s then turned into your recipient’s Country currency. They then pick it up at designated points or in some cases it’s delivered to them.

Bank Accounts. You can transfer money from your bank accounts to your recipient’s bank accounts. Several services that move money abroad allow you to do this online or through your phone for a fee.

They enable you to do this by you providing them with the account numbers as well as the routing numbers for the sending and receiving banks.

moneyCredit and Debit Cards. Another way to transfer money abroad is using debit or credit cards. They speed up your money transfer processes as compared to using banks. For example, Money Gram allows you to send money directly to your recipient’s credit cards.

However, you can face credit card fees from your card’s provider. That depends on whether your transaction is a cash advance or a purchase.
Other services can also let you transfer money abroad in the form of a prepaid debit card. Your recipients then use it to make purchases or withdraw cash.

The advantage to this prepaid debit cards is that you can load them while in the US using cash, debit, credit cards or a checking account.An example of this card is the Mi Promesa card. You should check out their fees as they tend to be high.

Cell phones. Another way to transfer money abroad is through your Smartphone’s mobile money transfer app. It allows you to move money abroad using the money transfer company’s website.

The Western Union allows you to transfer money directly to the cell phones of recipients in some countries such the Philippines, Kenya, Bangladesh, and Madagascar.


The above guide on how to transfer money abroad should make it easier for you to carry out these transactions. The key to this is to choose a money transfer service that suits your budget needs.

How Much Can I Borrow For Anything?

You may have a general idea of the kind of house you would prefer to purchase and certainly ask yourself, how much can I borrow to buy it? To get the right answer to the question how much can I borrow to buy a house you must know about your revenue and the lender’s requirements to offer you a loan.

How much can I borrow from a lender?

Usually one may hope that a lender will contribute to eighty percent of the home value. Customers may confront 2 supplementary kinds of expenses. Many lenders require a low equity premium if you take up more than eighty percent. This serves to compensate the risk if you are unable to maintain regular payments. Loaners may besides require the property evaluation. Whenever there is a divergence between the buy cost and the evaluation, lenders typically calculate what they may offer on the reduced figure. Many lenders require an immediate payment deposition towards the house. To understand the loaning restrictions for the property that you prefer to purchase, you have to speak to several lenders and mortgage agents.

How much can I borrow for a mortgage?

lenders wish to have no doubt that you can maintain the regular payments and all the same possess adequate revenue remaining to for living. Some experts affirm that regular payments and other loan defrayments must not exceed thirty or forty percent of the complete revenue. Recognizing what your revenue is and what your present defrayments are, you are able to determine how much can I borrow to repay the mortgage. Lenders may also compute a lower limit surplus which you should have left monthly subsequently flat defrayments. If you have a family, the computations are grounded on your compounded revenue. If you have kids, loaners will anticipate that you have lower remaining income than childless people. The most effective method to determine how much can I borrow from a lender is to present your revenue and disbursement information and ask for computing. As an alternative, you may ask a mortgage agent to perform the necessary calculations.

How much can I borrow taking into account my credit record?

If your credit record is bad, the lenders may lend you a reduced share of the price for property, or even might reject you completely. If you are unable to receive a loan from ordinary lenders, you may still succeed with a low doc lender who deals with the loans of high risk.

How much can I borrow with government assistance?

If you may open regular payments you can fit for a welcome home loan. This approach allows taking over $200,000 without any deposition to purchase a house. Loaning standards may differ and this strategic approach is especially good for large families.

Tips for Being a Successful Blogger

In the beginning blogging & internet marketing of websites can be a hard slog, putting in hours and not getting the readership and rewards you aspire to, which is why I decided to share with the blogging universe a few of the secrets that over time has made, many of my blogs & websites some of the most popular on the internet in their respective niche.

Blog because you are passionate about your niche area, and not to make money! In recent years we have seen literally hundreds of thousands of blogs and websites that have been put up for the sole purpose of trying to make a quick buck. Well guess what these are the ones that fail first. It takes a lot of time dedication and commitment to make your blog successful let along make any decent money from them. If you love and truly know the niche you are writing about, It makes the blogging experience so much easier and enjoyable especially in those first few months when you wonder if anyone will ever read your blog or website.

Post regularly, Now depending on your niche regular could mean a few posts a day, or for more in-depth and technical blogs or websites regular could be 3 posts a week. Think about what type of blog or website you have and decide now how often you plan to post, then stick to it. If you don’t post regularly you will not capture regular readers.

Develop friends and relationships with other bloggers, Developing relationships with other bloggers in your niche is extremely important, you should not see them as competitors but rather partners.

Readers of blogs and websites don’t read just one blog but many, developing a relationship with a fellow blogger is a two way street, both parties have something to gain by the relationship. When you are starting out begin by doing some research and finding as many blogs that cover the same niche as yourself, pick out the best then send them an email mentioning you liked their blog and you also run a blog on the same topic, and would like to add their blog to your blog roll, then send them your URL so they can reciprocate.

Another option is if they have written a piece you like write about it on your blog with a link back to their original post.

You might write something like the following “Jerry over at ILoveToBlog has written a great post about how to turn one off visitors into regular readers, after following his tips you will be sure to have double the number of visitors in no time, you can read the full story here”

Eventually the relationship between blogs may even develop further with competitions, promotions, or offering other bloggers to become a guest blogger on your site occasionally while you are on holidays, and vice versa.

Encourage comment and discussion, This is all about developing relationships with your readers, and between your readers, in your post you should always encourage readers to comment about what you have written, this make the blogging process more than just a one way street, and gives readers the opportunity to ask you and other readers questions.

Competitions, promotions, and free stuff are other great ways to build relationships with your readers.

Have fun you don’t always post on topic, you could occasionally post a joke, recipe, picture, or anything other than your niche that you think readers in your target demographic may find appealing. April fool’s day is one great example of this, where you can get your readers thinking you’re going to give it all up or buy a house in the outback to farm snails.

If you say you are going to do something do it, if you don’t you will come off looking uncommitted and unprofessional.

Keep active, you would have heard the analogy a rolling stone never gathers moss, over the years I have found the best way to achieve my blogging and article writing goals is to always keep active and try not to stop, I don’t mean never have a break or holiday, what I am saying, decide how many hours a day or week you will blog, a commit to it, without interruptions.

Keep yourself fit, it is a sad that over the last year some of the most popular bloggers have died, and it all comes down to their life style, sitting in front of a computer all day drinking lots of coffee & coke, not eating healthy foods, and getting very little sunlight or exercise. If you plan to become a full time blogger or do blogging after work why not take out gym membership and set aside 2 hours in your day to do some exercise then have a healthy meal, if the gym is not your scene try going for a good long hour long walk or bike ride. Personally I find exercise just before lunch energizing refreshing my mind and picking me up for the rest of the day.

Planning as far as I am concerned is one of the reasons why many bloggers don’t succeed. Planning allows you to layout your dreams and goals for the future, allowing you to stay focused on what you have set out as being important. Personally I break my planning into the following time frames

From Long term (greater than one year) then drill down to 12, 6, 3, 1 month 1 week and 1 day. With long term planning I look at where I want to be in the future with blogs/website and what I plan to achieve financially I then use this master plan to direct the rest of my planning.

So following these tips how long should it take you to start seeing reasonable traffic? This all depends on your niche and the amount of competition, but if you follow my tips above and you are covering a popular niche with not too much competition you should be able to see at least 1000/day within 6 months.