Practical Steps Recent Graduates Can Take to Secure Their Financial Future
College graduation is a major milestone. This is a critical point in time for young adults just entering the real world. The steps college graduates take right after college can make or break their financial futures. These are some practice steps recent graduates can take to ensure financial success.
Make a budget
This will be the first time for many college graduates to manage income from a full-time job. Creating a budget will ensure you’re using your income effectively. A budget doesn’t mean you can’t spend money, it’s a plan for how you’re going to spend. Creating a budget ensures you can accomplish all your financial goals for the month. Building a habit of budgeting and practicing financial discipline is a skill that will benefit you for the rest of your life.
Prepare for student loan payments
College students have a six-month grace period before student loan payments begin. This gives you a chance to secure a job and get used to managing your money. You can contact your student loan lender before payments begin to discuss repayment options. Most lenders offer a few repayment plans that you can choose from based on what you can afford. Once you know how much you’re going to pay, it can be helpful to start setting it aside even before your student loan payments begin. That way, it’s not such a shock to your budget when you actually do start repaying your loans.
Get health insurance
This is probably the first time in your life that you have to be responsible for health insurance. While you may be tempted to avoid the additional expense so you can have more money in your paycheck, going without health insurance is risky. You’re in the prime of your life physically, but that doesn’t mean you can’t get sick or injured.
Without health insurance, you’re financially responsible for all your medical bills, which can be thousands of dollars. Medical debt is the biggest cause of bankruptcy in the United States. Don’t let an unexpected injury ruin your future, especially if your employer offers a comprehensive health insurance plan.
Start building an emergency fund
You’ll be able to predict most of your monthly expenses. However, there will be unexpected expenses from time to time. For example, you may have to pay a car insurance deductible, a medical bill, or a car repair. You may not be able to cover these from a single paycheck and relying on a credit card can be risky. This is why an emergency fund is important and it can help you when you’re faced with the unexpected. It takes time to build up a sizable emergency fund, which is why you should start early. The ideal emergency fund is three to six months of living expenses, which will cover you in case you suffer a loss of income.
Wait on major purchases
You may be tempted to buy a house or car right out of college, but it’s typically better to wait to make these purchases. Both a mortgage and auto loan are two major loans that will take a large portion of your paycheck. When you’ve just graduated college, it’s better to get used to budgeting, saving, and preparing for student loans. Spend a little time getting settled in your career, build up your credit, and save up a good down payment before taking on a car note or mortgage.
Start saving for retirement
At this point in your life, retirement seems so far away and that’s exactly why it’s better you start saving for retirement now. The earlier you start saving, the more time your money has to grow, and the more money you’ll have once you’re ready to retire. Some people have even been able to retire early because they started saving early and were smart with their retirement savings.
If your employer has a retirement plan that matches contributions, you should take advantage of it. It’s almost like your employer is giving you free money. Keep in mind, that you’ll have to stay at your job for three to five years to become vested and earn the ability to keep your employer-matched contributions even after you’ve left your job.
Begin building credit
A solid credit history will play a major role in your financial success. Once you start repaying your student loans, they’ll help you build good credit as long as you make your monthly payments on time. You might also consider opening a credit card to boost your credit score.
Be careful when using credit cards, since it’s fairly easy to get into credit card debt. It’s best to start with just one credit card, change only a small amount on it each month, and always pay your balance in full. If you stick to these rules, you’ll build a good credit history and avoid getting into credit card debt.
How Internet Security Determines the E-commerce Behavior
Your business is your livelihood, which means that, if there’s anything that can make a difference between success and failure, it’s worth your attention. While most people think prices and customer service are all that determines your sales, this is not necessarily the case. In the era of frauds, hoaxes and internet scams, security is one of the key factors that determine your e-commerce behavior. Still, it’s quite improbable that a random internet user will have an accurate image of their online safety. With this in mind, even risk perceptions can play a vital role in their e-commerce behavior. Here are some things worth knowing.
A Matter of Privacy
First of all, no one is comfortable handing out their private information. Sure, the first thing that comes to mind when this is mentioned is your credit card PIN number, but even in less severe cases, the outcome can be unsettling. Not every malicious person online is an expert hacker. Some black-hat marketers just need you email, so they can spam you with the incredible amount of adds. Customers who suffer this because they visited your website are not likely to return anytime soon (if ever). This is why you would be wise to encrypt all this vital data, so that you and your client are the only parties who can access it.
Trust is the Key
In any kind of retail and e-commerce, the key to doing business lies in trust. However, unlike in the traditional retail, the customer won’t be able to just pay you and leave the store with the item. Even though online trading is pretty well regulated today, each and every purchase represents some sort of leap of faith. Your clients need to be aware that you are there to primarily protect their interests and that the safety of both their assets and their private data is your utmost concern. This is why, one of the most important tasks of a good payment service provider is to conduct identity confirmation in a subtle yet reliable way.
Raising User Awareness
We always fear the unknown, which is why even the slightest mention of the dangers of the internet results in increased risk perception. On the other hand, users that are familiar with privacy practices and options are more likely to feel in control of the situation. Comfort-zone is an ideal setting for doing business and it’s something from which your e-store can only benefit. Seeing how you cannot rely on self-initiative of your potential buyers, you need to find a way to raise the awareness on your own. Unfortunately, everyone knows that people seldom (if ever) read terms and conditions, so you might want to try out a different approach.
Theory of Planned Behavior
Finally, we arrive at the most important part: the way in which you can turn the behavior and habits of your visitors and customers in your favor. The first thing you need to know is that it is nearly impossible to shake off your first impression. In most cases, if the first purchase on an e-store was successful and satisfactory to a customer, they are bound to return. Second, negative events have a much stronger impact than positive ones. Your customers may be safe on your website a thousand times, but all it takes is a single security breach and you will never see or hear from them again. Lastly, humans are creatures of habit so if they like using your website, they are not likely to look for alternatives (even though these alternatives may have more competitive prices).
The exploration of user behavior goes much deeper than that. A startup BioCatch employs the power of behavioral biometrics to determine the identity of users on your ecommerce profile once they log-in. For example, there are certain behavior patterns that each of us have, like what we click first on or the way we move the cursor over the page. Through observing this, BioCatch can spot a fraud from mile away and act preventively.
Keeping your users safe is one of the keys towards them feeling welcome on your website. While price and convenience are two major factors that influence potential buyer, one can never disregard the issue of security. Being able to provide this might just be the first step towards building and nurturing brand loyalty between your business and your clients.
Guest author, Raul Harman, is a B.Sc. in Innovative entrepreneurship and has a lot to say about innovations in all aspects of digital technology and online marketing. While he’s not enjoying football and great food, you can find him on Technivorz.com
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WHY CDS ?
Online panel research is quick that means it does not hold up your strategy execution. Second, it is extremely simple to get in touch with potential respondents in terms of resources and time . Third CMR still manages to achieve unmatched quality data for further research. Lastly, cost value proposition is one of the key returns of CMR.
Using CMR panels and services can enhance decision making competency of an establishment by running cost effective awareness studies and impact studies. Different types of the research works can easily be conducted online, including customer satisfaction surveys, ad research, equity studies, brand name evaluation, brand positioning, and competitive analysis, etc.
There are a number of benefits of using online market research, including:
Easier to target respondents across numerous segmentation variables. CMR panels provides access to extremely robust sample supply that ensures reliable data on sensitive issues.
Best Price : Economical and affordable
Internet allows creating complete digitalization of survey instrument along with eliminating the risk of human inaccuracy. No more interviewer bias, everyone starts out the same questions delivered the same mode.
The results could be received within a few days as opposed to several weeks involved with personal, telephone or postal data collection methods.
Versatile Multimedia Advantage
The use of video, images, and audio for richer questionnaire environments facilitates presenting stimuli material (useful for ads, pack, logo testing etc.).
Advanced questionaire preparation tools have made this things extremely easy days.
Online surveys are taken at a convenient time for the respondent. Further, target respondents can take their surveys during their convenience work schedules and work stations. Panelist answers the survey according to their own time conveniance.
Best Data Quality
Data quality is unmatched due to best panel recruitment policy for survey respondants or panelists . They can choose to respond at time and place convenient to them.
Privacy / Confidentiality
Respondents feel more secure in providing sensitive information as their privacy and anonymity is guaranteed. Privacy protection is our top most pririty, our internet security and encryption technology protect panelist data.
Unlike personal and phone surveys, online study is a non-interruption surveying method. Panelist receives an e-mail notification for an online survey, after they have registered to such notifications on thier respective panels.
Web Applications Development
Web applications are application programs that are made in a typical web browser backed language and are deployed over the internet or cloud. Due to the rising popularity of the internet and the convenience of faster bandwidth each day, web applications are gaining popularity.
Web applications use the concepts of web designing with focus on the functionality. To be really useful, web applications must offer an appealing GUI and straightforward, spontaneous navigation that let their users do things with minimal efforts and time.
Some of the web applications are: E-commerce websites, CRM(Customer resource management) tools, cloud based applications like file sharing site, social networking sites, dating sites, classified websites, question and answers website etc.
We offer the following web application development services:
Custom web applications that are developed to the client’s exact requirements
Maintenance of advanced web applications
Re-designing/ development of existing web applications
Nowadays, more and more consumers browse the Web using their cell phone. In fact, based on one survey, the number of browsers using their smartphone / tablets to access the web have exceeded desktop users.
This was the time when Responsive Website Design in world came, a fresh approach to the web functionality where focus was laid on building a website and creating a common experience on multiple browsing conditions. In layman’s terms, Responsive Website Design is a process of energizing a site with a unique technology, enabling it to effectively resize its content based on the screen sizes to ensure no quality loss.
With the rapid advances in web technology, it is now possible to design a single website that shows correctly across all devices that accesses it – be it a desktop, a mobile phone, a tablet, a phablet or anything else. The website technology that makes this possible is responsive website designing.
Here at Cinch Data Solutions , we like to keep up with trend.we adapted and utilized responsive web design techniques shortly after it was introduced.
Beginner’s Guide: 3 Ways to Install WordPress Plugin
Let’s be honest: WordPress is pretty awesome outside the box, but what makes the platform truly spectacular is the extensibility in the form of plugins. And there are thousands upon thousands of them, available for download on an as-needed basis.
This freedom is what makes WordPress amazing. The sheer numbers of plugins (both free and premium) cover practically any functionality imaginable that you might to add to your website.
But to be able to do that, you’ll have to find and install a plugin to your WordPress setup first. This guide will tell you exactly how to do that.
There are three ways. Let’s start with the most common:
1. Within the Directory
This is the simplest method of installing a WordPress plugin. The only limitation is that your plugin must be available in WordPress’ Plugin Repository for this method to work. That’s great, because the official repository is one of the few sources of plugins that are trustworthy (and free to boot).
Go to WordPress admin, click on Plugins >> Add New.
You can either browse through the thousands of plugins, or simply search for the plugin(s) you want by name or a keyword/functionality.
You will be brought to a results’ page for your search. Once you find the plugin you’re looking for, click the ‘Install Now’ button. WordPress will automatically download and install the plugin. All that’s left to do is wait for the confirmation (“Success!”) message and activate the plugin (to actually make it work).
Once your plugin is installed and activated, you can go to your plugin’s settings page to configure it to your specifications.
2. Uploading from External Sources
Since plugins downloaded from external sources (usually premium ones) can’t be uploaded via first method, we use this method for them instead.
In the same place within your admin dashboard (Plugins >> Add New screen), you’ll see a button labeled ‘Upload Plugin’ right next to the heading ‘Add Plugins’. Click the button. This will take you to a plugin upload page, where you’ll need to browse for the plugin’s .zip folder (recall where you saved it on your workstation). Once you’ve found and chosen the correct folder, click Install Now.
WordPress then uploads and installs the plugin to your directory. A similar confirmation message (as seen in #1) will appear on your screen. Activate the plugin and you’re done. You can configure the plugin’s settings as per your own needs.
3. Manual Installation
Sometimes (when your web host is being uncooperative), you’ll have file restrictions on plugin uploads via admin dashboard. That’s where your knowledge of manual installation comes in handy.
First, download the plugin (it will be a .zip file/folder) from the source to your workstation. Then unzip the folder and extract the plugin files on your computer. This unzipped folder will be uploaded to your installation directory.
Now, open your FTP manager on the computer and access the website you want to upload the plugin to. If you don’t have FTP login credentials, contact your web host.
Once you are on the correct website’s directory inside the FTP manager, go to path /wp-content/plugins/ and upload the plugin folder we unzipped here. Save and exit.
Now go to your WordPress admin dashboard. Click Plugins. Scroll until you see your manually uploaded plugin in the list. Congratulations: Installation successful. Phase I complete. Now all that’s left is for you to activate and configure the plugin settings (as needed).
Words of Advice
Keep in mind that WordPress plugins aren’t all fun and games; and that you should never just download and install every plugin that captures your interest.
- Always make sure to download plugins from trusted sources only. WordPress Plugins’ Repository is okay for free plugins, while Code Canyon, Elegant Themes, iThemes, WPMUDEV, and others sell premium plugins. Never download pirated versions of premium plugins: Those are often full of malware and will leave your website open to attacks.
- Download and activate plugins only on an as needed basis. Recklessly downloading every plugin you find will only add more code and bloat to your web pages. This reduces their loading speed and therefore should be avoided.
- Make sure that your plugin is updated consistently by the developer and that it has good, genuine user-reviews.
Author Bio: Tracey Jones is an expert web developer with vast experience in developing any web development application. Currently, she is utilized with HireWPGeeks Ltd., a WordPress development company to find a professional WordPress developer for hire. Being a passionate blogger she loves to share her innovative ideas on the web.
When you’re doing market research, one of the challenges is locating prospective participants. You have a few choices for reaching beyond your customers:
Postal mail invitations
What’s a survey panel?
It’s a collection or database of individuals who have volanterily signed up to complete surveys for rewards/incentives, whether it’s collecting points or cash payments. As part of the sign-up, they provide detailed profile information, as well as information on shopping behaviour and day-to-day product usage pattern etc
Survey panels have several advantages:
Members are willing to take surveys
Panel vendors sell you qualified completions-respondents, not leads.
Most panels are email powered for fast survey turnaround.
Because the panel service handles all respondent contact, you don’t have to identify your company as the project sponsor
The panel vendor can provide or recommend compatible Survey tool or Web survey hosting services
Drawbacks of Survey Panel:
The main drawback is cost. Because the vendors is selling you large samples in hundreds and thousands or however many survey-completions you need, they’re taking a risk on how much they will have to pay participants to get responses.
While there is a quality concern about survey panels being overworked or filled with “professional” respondents, in general panels are not seen as better or worse than other lists.
The two factors that drive the cost are the survey length (ROI) and incidence rate.
For the survey length, use skips as much as possible to customize the surveys to people. Time saved from the completion time will reduce the panel cost considerably.
The incidence rate is how many individuals from your sample will be eligible to finish the survey. This will vary from vendor to vendor for the same survey, since different panels will have different demographics that they may be using to match the sample to your population. If 30% of the people pass your screening questions for the survey, that’s your incidence rate for the sample. (Lower incidence means higher cost)
So, if you have a 10 question survey about your product launch, you’re going to have a relatively affordable panel. If you’ve got a 100 question B2B study, be prepared to spend high sum in your data collection project.