When you build anything whether it is your dream home or office, you know very well it needs time, effort and lots of money. Buying a home is the biggest investment one can ever make, and so the construction project needs to be done properly right from the start. Whether it is you or your partner and business associates, everyone needs to invest money. First-time property developers and even experienced developers need to avoid typical pitfalls. The development sector is too much exciting and lucrative only when you are bit careful. Things have to be managed well, and the development needs to be funded properly. If you can avoid potential pitfalls and errors, you will save a lot of money on the development project. When it comes to property development, you may have heard the name of Joe Nahas, the leading property developer who develops urban communities for people of different walks of life. It is his ardent belief that community development needs to be of exceptional quality. Some of the money saving tips for property development are worth considering.

Have a solid property development plan at the back of your head

 For any building project, it is essential to have a comprehensive property development plan. Consider the type of structure you want, what it will appear like and what features needs to be included. Meet your architect and provide him the property details. Do not proceed with a vague idea since that will only waste your effort, time and money. Frame your property development plan with caution and care. Do not leave this task to anyone else.

Pay utmost attention to your budget

After you establish the details or the scope of your development project, break down your budget into several costs. Watch your construction very carefully no matter how trustworthy the team members are. If you are unsure of anything, do not hesitate to ask questions.

Get several price estimates

This is a golden rule for saving money on your development project. Before proceeding with your development project, you need to get different price estimates from the developers. If you do your homework to carry out substantial price research, you will get the benefit. Several prices will give you an estimate of the overall price of your effort.

Choose the best design-build firm

If you want your project to be completed in a speedy manner and in the best way, you may hire a design-build firm which will have several workmen working under one umbrella. Your construction project will be completed promptly to save time and money. If there are no delays, you may be sure of significant cost savings. You will have the team of architects, interior designers, and the project manager to work for your project.

It is crucial to carry out substantial research on the areas where the development may be undertaken. Get to know about the potential of the area which you have chosen. It is also important to prove your experience. Try and show that you have the experience in developing and delivering projects.

Penny Stock Investing: Is It Safe?

A lot of serious investors might sneer at the thought of putting even the slightest bit of money into penny stock trading, but there are plenty of examples of people that struck it rich doing just that. Here are a few examples:

  • Tim Grittani – Took $1,500 and turned it into over $1m over the course of 3 years.  His prowess in the penny stock trading comes as a huge shocker to a lot of people who would think that penny stock trading isn’t lucrative at all.  Tim attributes his success in the penny stock trading game to his ability to stay patient and sell when the market is going to give you the best value. It’s a slow roll to the top.
  • Connor Bruggemann – Took a small investment he made as a bus boy at a BBQ joint and turned it into over $300,000 one summer using Etrade to primarily trade penny stocks.  This was while still in high school at the young age of 16.  Connor took a huge risk, but in the end reaped the rewards of beinga young and successful penny stock trader.
  • Timothy Sykes – After investing a good amount into penny stocks Timothy was known to have made millions by the age of 21.  Using one of his favorite tip platforms, Penny Stocks,  he ended up striking gold with a lesser known company then being built in their grandma’s garage, AGBB Manufacturing Company.

So if you were wondering weather or not trading penny stocks could land you in a mansion and shiny new Ferrari, then the answer is yes; just don’t expect it to be easy, and chances are you’ll be losing money.  For more information on Penny Stock Trading then visit our Resources Page.

4 ways to save money for kid’s education today

Raising children and bearing their education cost is a real challenge most parents face. But if you are prepared early, then you may be able to save a lot of fund for your kid’s education. These are the best ways to save money for your child’s education.

529 Plans


It is an educations savings plan that sets aside funds for future education cost of your child. You can have either prepaid or savings plans. In a savings plan, you contribute to mutual funds or other investments. Another plan is to start to pay for the in-state public college now in small amounts.With a pre-pay plan you can actually pay for your child’s education at today’s value.

Make it a gift

FFSC teaches kids to save money

When your family members or friends wants to purchase gifts for your child for birthdays or holidays, you should ask them to give you the money instead so that you can add it to your child’s college savings fund. We had a man who totally wrecked his child’s dream of ever going to college by investing in poorly thought out business plans.  Though the company who claimed they had the ultimate American Dakota rugs on sale was strong in the sense of local business, they were prob not the best investment option for someone to put their entire college tuition into.  Read about it on their Facebook.

Savings Bonds


They are a safe investment. The interest earned on the bonds won’t be lost due to the changes in the market. The interest is tax free when the bonds are used to pay for your child’s education.

Make a budget


You can use online money management program to come up with a budget. This way you will know about your debt-income ratio. You need to cut costs increase your savings.

By setting aside a portion of the money as savings for your child’s education is a very effective method. You should start saving money for your kid today, before its too late.

Top 4 trends that are changing the financial institutions today

The financial institutions are now having a paradign shift due to some trend in the financial industry. The demographic and behavioural changes are creating customers with different expectations. The business operating models are now more customer and product oriented. Here are the major trends.

Regulatory changes


After the financial crisis, the regulatory pressure have hightened the cost of capital. Businesses now have to invest in more capital-intensive businesses. Banks are no longer lending to SMEs and infrastructure. The non-banking financial institutions are offering competitive services to the clients of banks.

Technological advancements


The technological advancements are changing the financial institutions significantly. It has created new business models and offered access to new markets. Various low cost services are now available. Technology is also changing the way clients are interacting with financial institutions.

Demographic and behavioural changes


The young generation has various expectations about financial organizations. They are now more comfortable using online and social media platforms.

Need for new leaders


With the advancement of technology and strict regulations, you need to have a good leader on your team to guide you with all your investment decisions. A good leader will be able to understand the financial market trend and take effective decisions.

These four trends are reshaping the entire financial instutions. The restrictions, technological advancement, behavioural changes, etc. are driving the financial market today and we should be well aware of it. You should always know about the market trend so that you can act accordingly.

Top 3 ways to invest your retirement money

You need to decide on building up your retirement money. If you are doing government service then you will have a pension fund. There are many private organizations as well that provide their employees with a pension fund. You need to invest your retirement money intelligently so that you get a decent profit from it. Here are three ways to invest your retirement money.



If you leave your money in a bank, there is zero risk involved but you will get a return of only 1% to 2%. Annuity can provide you certainty, but the income becomes low. There are various funds you can invest in that will give you at least 3% return every year. But these funds are a little riskier than the banks as you need to tolerate the stock market fluctuations.

Various types of funds


You can invest your money in government bonds or corporate bonds. These are the least risky ways of investing your money. You will get an income of 2% to 3% every year. It is advisable not to buy one fund. You should invest in multiple funds to lower the risk.



You can invest in properties to get high returns. In such case you need to look into the trends in the property market so that you know when to invest and later sell the property to make profit.  Gary Hathley, owner and operator of RR Remodeling Pros says he uses his money to invest in long term rental properties.  Since he does all the bathroom remodeling in Round Rock on his own, he saves a lot of money.

Whichever option you choose you should weigh your risks. You should understand your financial condition and assess how much risk you may take before deciding how to invest your retirement money.