How to Save Money as a Dentist

If you run a dental practice, you will no doubt know that it can both a lucrative and rewarding business. However, although there are plenty of benefits, you need to make sure you keep a close eye on the running costs to keep it operating as it should while still remaining competitive. The good news is that there are a few ways in which you can cut back on the costs or make changes that will save you money in the future. Here are just some of them:

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Check Your Supplies

It may be possible that you are buying more supplies than you need. Before you order from your usual supplier, ask yourself a few questions first. For example, is the amount you usually order adequate or overkill? Do you have any inventory stored away that you have overlooked? Additionally, find out whether the supplier offers freebies on bulk orders.

As well as current supplies, you need to make sure you are investing in the right equipment to help prepare you for Covid-19 related regulations. If you want to make sure your usual clients return to you, you will need to reassure them that your practice is a safe place to be. Sneeze guards are, therefore, a wise idea to have installed, which can prevent the spread of germs and show that you are committed to protecting both staff and patients.

Take Out the Proper Insurance

Making sure that you have the right insurance that is relevant to your industry is a measure that will help you save money in the long run. This includes business, health, and even disability insurance. Disability insurance will cover you if you were to fall ill for a certain amount of time and were unable to run the practice. When taking out insurance, make sure to shop around, as the rates can vary widely.

Go Digital

If you still use paper forms, paper records, and paper receipts, it’s time to rethink how you do things. Going digital by utilizing online forms linked with QR codes in the waiting room, emailing receipts instead of printing them, and collating patient data on a dedicated dental office management software will help reduce the cost of more than just paper; you will be saving money on all related stationery, including ink, staples, and waste services. However, you need to make sure you also invest in good data security to reduce the risk of cyberattacks.

One final tip would be to make sure that you are cutting costs in the right areas. For example, opting for an automated phone service instead of a friendly face at the reception desk can harm your business and lose you money, which is the opposite of what you want to achieve. Although you are running a business, you should never forget the human element.

Saving money while running a dental practice isn’t difficult, and you will start to see the benefits soon after you begin making changes.

Things to Save For

Most adults are commonly concerned about their expenses and budgets. Money is a big topic in most marriages and households. Why is this the case? For starters, you and your family need money to survive, so it is a major responsibility to take on. If you have children, they rely on you for their existence and everyday living. Again, this is a major task. It is a responsible thing to do to be proactive and save your money as much as possible. Save money for known and upcoming expenses as well as the possibility of unforeseen sudden expenses that may be thrown at you and your family. Below is a list of things you should save for.

Unexpected Expenses

Life can throw curveballs, so you need to save for these sorts of events. Things can happen with your home that you may not expect. Repairs such as a leaking roof, sewer problems, plumbing issues, air conditioning or heating repairs, gas leaks, appliance replacement are all examples of things that could come up unexpectedly but are also inevitable for all homeowners. Same thing goes for car owners, cars come with financial baggage. You could come upon repairs that can cost a pretty penny. If you get in an accident than you will need to remedy the situation. These are two large areas of concern but things like legal fees, parking tickets and driving violations, health expenses and emergency room visits are all things that could come your way that could cost a lot and should be planned for. A 24 Cash loan could help you get by until more revenue comes in.

Savings

Every family saves for the unexpected as well as the expected. Every adult needs to save for their retirement. This can be done many ways through various financial instruments like 401k, brokerage accounts and general savings accounts. If you have a job with a business, you most likely are given the option to contribute to your 401k directly out of your paycheck which makes it easier. Besides retirement, you need to think about education expenses for either yourself or your children. If you would like to continue education that can be costly so would require savings. If you have children, they will most like go to college or maybe even an accredited high school that would need to be saved for. Besides these two responsible savings topics, you may also want to save for family fun. Things like vacations or events could be saved for so you can enjoy them.

Bottom line is that you need to think about money and make sure you have your bases covered in the event these things come your way.

Tradeline Myths Debunked

Most people enjoy the finer things in life and want more of them. Some are able to afford things and some just can’t. Usually consumers need credit to make big purchases like cars, homes, vacations, etc. The more responsible you are with your money, the better credit you have, and therefore the larger credit limits and lower interest rates. When you have bad credit it is hard to catch a break. 

One thing you can do to improve your credit score is buying tradelines. It is an involved system but it basically is when you purchase someone else’s good credit history. A tradeline is a line item or credit account that is reflected on a credit report. If you are added to someone’s tradeline as an authorized user then this will in turn show up on your credit report. By showing up on your credit report, it helps your score. This legal method of improving your credit has some myths associated with it which we would like to explore.

There are many people who may try to deter you from this form of improving your credit by using some of the myths below. We are here to bring you the facts.

Buying tradelines is NOT illegal. 

Some may say that buying tradelines is illegal, but it isn’t. FICO did try to ban it and therefore make it illegal in 2008 but were unsuccessful. The reason they were not successful is that they found it violated the Equal Credit Opportunity Act. This particular law was created to protect consumers from credit discrimination. 

Tradelines from Early Years do help

No matter what age you were at a tradeline, it is best to include on your credit report. Adding credit history is a positive for your credit no matter what age. Those that say only purchase a valid tradeline after you turned 18 are incorrect as a tradeline has the same result as if you were prior to 18 as it does after you were 18.

Tradelines are not a short term fix

It is a fact that tradelines can only show an open account for two reporting cycles. It will be shown as a closed account after, however, it is still added to your credit history and will therefore boost your score. 

Tradelines are affordable

Tradelines can be found for a range of prices to meet everyone’s needs. From the wealthy to the financially challenged.

Authorized user accounts have more pull

The ultimate goal for a person’s credit is establish a tradeline and new account of your own. This isn’t always possible. It is also not always true that a new form of credit is more effective in helping your score. Sometimes the history and higher credit limit could help boost your credit score more than a newer (less history) and lower credit limit.

Hopefully by debunking common myths about the tradeline industry can help you evaluate if this method is right and effective for you. It is best to always get an opinion from an industry professional as well.  One recommendation for quality service is coast tradelines.

5 Ways to Make Money on the Side after Lockdown

The emergence of the COVID-19 pandemic has shattered the lives of many. With it, people lost their jobs and sources of livelihood. Confined to their homes, one can’t help but feel trapped, helpless, and anxious. As the bills keep piling, we are constantly faced with the threat of coping with the over cumbering stress of dealing with it all.

However, despite the way things are, you can still earn a decent amount of money from your home. In today’s article, we give you five essential ways to acquire money after the lockdown.

1. Online Tutoring and Coaching

There are many vacancies in the educational sector due to the lockdown of schools and educational institutions worldwide. High demand for capable individuals is required to fill in the roles of teachers and lecturers.

Furthermore, many parents will seek the help of trained professionals to tutor their children after the lockdown. Online tutoring is a lucrative opportunity, and one of the many ways to make money from your hobby at home.

All you require is a stable Wi-Fi connection and a webcam to host video sessions on zoom. Online platforms and freelance sites are great ways of getting into the job market and making a decent money.

2. Proofreading

Do you enjoy spending time reading novels? If your grammar is impeccable or merely functional, consider pursuing a career in proofreading. Many publishers are willing to pay top dollar on edits simply because they don’t have the time to run through corrections. On average, you can earn up to $15 per hour and more, depending on your employment.

A good internet connection and a word processor/editor are all you need to get started at the comfort of your home.

3. Blogging

With the rise of Instagram, celebrities, influencers, and YouTubers, making a living on the internet is quite a popular trend. Even with entry-level skills, you too can start earning money from your website.

Blogging entails running your domain and writing exciting content to drive in traffic and convert them into followers. Advertisement systems such as Google AdSense pay bloggers with a decent amount of following daily passive income. Blogs ranging from 5,000 to 30,000 views a day can easily make up to $20 – $120, or more.

You can increase your income using affiliate links from programs such as Amazon affiliate, and earn commissions by advertising their products on your site. This passive income field is quite sustaining; the overall estimates of affiliate market revenue are bound to shoot up to $8.2 billion in the coming two years. 

4. Rent Your Car

With all that’s happening right now, driving is the last thing on your mind. Instead, you can consider leasing out your car to workers and health care practitioners who require a vehicle. You can easily post your vehicle online and have people reach out to you from the comfort of your home.

If that’s not enough, you can decide to lend your vehicle as an Uber and get paid daily. For this, you will need to have the required paperwork, such as PSV insurance, license, car check-up diagnostics, and road testing certifications.

5. Playing Video Games

For some, the years of playing World of Warcraft are finally beginning to pay off. The emergence of lockdown protocols has brought about a superb opportunity to lounge around and pass the time gaming.

Nowadays, video games have turned into a multi-billion franchise with the development of E-sports and grand tournaments. Games like Fortnite, PUBG, Overwatch, Call of Duty warzone, to name a few are topping the charts in popular online games. To get started, all you would need is a

  • Fast internet connection with low ping
  • Screen recording software
  • A microphone
  • Headphones
  • Console or gaming pc.

Set up a Twitch and YouTube account and frequently post your gaming content. As you progress in numbers, more and more followers begin to subscribe to your channel and will even donate money. YouTube analytics is an excellent way to keep track of your traffic. Similar to blogs, the more views you get, the more you can earn passively.

In Summary

While coronavirus has placed an enormous standstill in everyone’s lives, you can still support yourself and earn money. Our five tips will equip you with the knowledge to help you to make money after this period of lockdown.

Five of the best online experiences to try this summer

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It’s officially summer 2020, at least in the northern hemisphere. And with it being summer, it’s also traditionally the time when we start thinking about taking our annual vacation trips, planning all those far-flung destinations we could visit, and the brand new things we could see and experience. 

It’s true that travel broadens the mind, but as we become more and more aware of the environmental harm inflicted by our ever-increasing carbon footprint, taking those long-haul flights to a destination on the other side of the world becomes a lot harder to justify. Choosing to vacation in your own country or city is a sustainable choice, and thanks to some digital wizardry you can make it even better. Right now there are all sorts of virtual experiences you can enjoy online, from taking a tour of a famous museum to even walking the corridors of The White House. 

So, if you’re choosing to spend your vacation time in a destination closer to home this summer, or if you’re just looking for something exciting to do while you’re bored at home, here are five of the best online experiences you can enjoy: 

Vist the world’s most haunted house

Built by the mysterious Sarah Winchester, the Winchester Mansion has a notorious reputation for being one of the world’s most haunted places. Luckily, taking a virtual tour here means you won’t run the risk of bumping into any ghosts or ghouls. After all, spirits can’t possess a laptop. Or can they? 

If you’re brave enough to find out, the virtual tour will take you through this impressive mansion’s 200 rooms. See how many of the 10,000 windows you can spot along the way, as well as those quirky spy holes and trap doors. 

Compete in a gaming tournament

As all Millennials know, gaming is a big deal. We live in an era where professional computer gaming is a thing, and millions of players from all across the globe come together virtually to compete for world titles and eye-watering cash prizes. There are even some players out there who are on a par with elite athletes and sports players when it comes to the lifestyles that they are able to lead, but you don’t have to be a pro gamer to get involved with a gaming tournament.

Not long ago, Facebook launched Facebook Gaming for amateur eSports players who want to connect with other international players in games like FIFA and Call of Duty: Warzone. For “hardcore” gamers who are hoping to break into the world of pro gaming, there’s also the Battlefy Amateur Esports League (AEL), which hosts regular tournaments for games like PUBG and Call of Duty. 

If eSports tournaments aren’t your bag, then maybe a virtual poker tournament will be more up your street. Platforms like PokerStars offer play money tournaments in a range of different formats that are ideal for beginners, while sit & go’s and fast-fold competitions are available for more experienced players

Find your Zen in Hiroshima

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You can check out of your daily life anytime you like and immerse yourself in the blissful surroundings of the historic Shukkeien Garden in Hiroshima. This four hundred year old cherry blossom garden is always a favorite with tourists, and now you can wander this intricately and exquisitely designed masterpiece without having to leave the house. Meander down the winding paths, stop for a moment on the famous Koko-kyo Bridge, and take some time to meditate next to the gently bubbling koi ponds and picturesque bonsai trees. You can even visit the Seifukan Tea House and enjoy its spectacular floor to ceiling views. 

Get lost in the Paris Catacombs

Paris’ infamous catacombs have been the inspiration for plenty of horror fiction and movies over the decades, and it doesn’t take a huge stretch of the imagination to see why. And see why is exactly what you can do with its brand new virtual tour. It’s not for the faint-hearted, much like an in-person trip wouldn’t be, but with the magic of the Internet, you can explore these atmospheric subterranean tunnels at your own pace. Dating back to the 18th century, the catacombs are reportedly the final resting place of over 6 million Parisians… Bone chilling! 

Check out some world famous art Right now, some of the world’s most iconic museums have opened the virtual doors to their exclusive collections. Take your pick from the Smithsonian National Museum of Natural History, the museum of Vatican City, New York’s Museum of Modern Art, the Guggenheim, Musée d’Orsay, and even the Louvre. 

Benefits of Getting a Life Insurance Policy

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If you are a primary breadwinner of your family, then your focus would obviously be on safeguarding your family’s future. Investing in a life insurance policy will secure the finances of your family even while you are not around. Choosing a policy smartly will ensure financial cover not just for you but also for your loved ones. 

  • Loans over policies are exempted from tax payments
  • Are flexible in terms of adjustment of policyholders need
  • Cash values grow tax-free during the insured lifetime
  • Some policies have a cash value that accrues over time and can be utilized for paying premiums later
  • Low monthly premiums to be paid over a policy
  • These policies offer major tax benefits in comparison to any other investment options
  • Ensures fund flow while dealing with adverse financial situations
  • It can be bundled with other kinds of insurance covers such as disability ones  

Different kinds of life insurance policies

Life insurance can be categorized into three main types.

  • Term Insurance

This plan offers life cover for offering protection to loved ones at the most affordable rates possible. This is one of the simplest policies available. It promises financial security to your loved ones in your absence.    

  • ULIP

Unit linked insurance plans combine financial investment with life insurance. These offer a wide range of portfolio strategies and fund options. It also permits you to withdraw the money on a periodic basis from your policy.

  • Endowment Plan

These are traditional savings plans and are not linked to any stock market. Hence, these carry a lower risk. These plans offer bonuses such as terminal bonuses and a reversionary bonus.

  • Savings Plan

These plans combine investment with a life insurance cover. You can also create a corpus for meeting the financial goals of your life at different stages. Most of the savings plans offer a fixed amount as maturity once the policy terminates. Moreover, there are specific plans that help you devise a regular stream of income throughout the duration of the policy. 

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Advantages of choosing a Life Insurance cover

Life insurance covers the financial gaps that exist in the lives of individuals. It can take care of your financial needs at various stages of life. You just need to choose a plan as per your requirements to start reaping the benefits offered by a cover. Click to understand how these plans work.  There are numerous benefits of investing in a life insurance cover.

  • Financial security

Insuring yourself offers complete peace of mind to an individual. This cover proffers financial security to the loved ones of the policy owner even after their death. An adequate cover can ensure that your loved ones would be taken care of in case of your death. You can keep policies for up to the age of 120 as long as you are paying the premiums. You don’t lose the coverage under the permanent life insurance term. 

  • Wealth creation

Some insurance plans provide an opportunity for generating wealth. These policies invest your premium into different classes of investment for delivering superior returns. You are promised tax-deferred growth by investing in life insurance. This implies that you don’t have to pay any tax on capital gains, dividends, and interest on the cash value component of your policy until you withdraw the proceeds.     

  • Significant tax savings

These smart plans promise dual tax benefits. The premiums offer tax deductions based on the prevalent laws. Follow this link to learn why entrepreneurs need to invest in a life insurance policy: https://bit.ly/386biLV. Instead of neglecting an insurance plan, individuals can benefit tremendously by not just creating wealth but also in the form of tax savings.

  • Borrowings against the cash value

If you are looking for money to pay for college or to buy a home, you can choose to borrow against the cash value of a permanent life insurance policy. Also, if you put money in a retirement plan, you can take it out for other purposes other than retirement. However, you may have to pay penalties depending upon the policy terms. Some retirement plans are not flexible and do not allow you to take money out. 

  • Accelerated benefits if you fall ill

You will be offered anywhere between 25-100 percent of the benefit of your cover if you develop any conditions such as cancer, stroke, heart attack, or renal failure. The terms are again dependent on the kind of policy that you choose. These benefits will help you pay your medical bills and enjoy a better quality of life.

The only drawback of claiming money for your treatment is that your beneficiaries would not be able to receive sufficient coverage after your death. 

  • Cheap enough to fit into any budget

Based on the coverage you choose, you may be paying a nominal amount per month as a premium towards your policy. If you don’t have any dependents, then you would not have to save a lot of money for your beneficiaries. You can invest in a cheap life insurance plan to secure your family’s future. Doing so also translates into lower premiums.

A term life insurance policy would cover most of your expenses such as business partnership, expenses of children, and mortgage payments. If you invest in a policy early enough, then you can save a lot of money than you would do by buying this coverage later in life. In short, you simply pay for whatever the need of your family is. 

In summary

A life insurance policy can be immensely beneficial if you know when to invest and what kind of policy you need to invest in. You can go through the different options available to decide which one would be the best fit for your requirements. Various tools are offered by several policy providers so that individuals can make an investment based on what they are looking for. 

Shoebacca Response to Covid Health Crises for Medical Professionals

THE HEALTH CRISIS AROUND THE WORLD AFFECTS US ALL ENTIRELY. AS THE MEDICAL COMMUNITY DEVOTES THEMSELVES TO THE CRISIS, WE WANTED TO HELP IN ANY WAY THAT WE CAN.

Doctors and nurses continue to be selfless, sleeping in hospitals to protect their families while working diligently to help the sick community.

WITH SO MUCH TIME SPENT ON THEIR FEET, WE WANT TO HELP THEM START THEIR DAYS OFF WITH A FRESH PAIR OF SOCKS.

Shoebacca is contributing by sending brand new socks to the hardworking doctors and nurses both locally and across the country.

Beginning on 3/27, with every pair of shoes purchased on Shoebacca.com, a pair of Asics performance socks will be donated under the customer’s name. In turn, Shoebacca will double the donation by matching it with a second pair of socks!

Sock donations will be sent to hospitals every week, and Shoebacca will update their page to show where each donation has been sent. Tag a nurse, doctor, or other healthcare professional on Instagram or Facebook with #shoebaccagivesback so they can send some fresh socks their way!

Click here for updates on your donation: https://www.shoebacca.com/socks-for-first-responders