Best ways to utilize a pay raise and build wealth

Congratulations! Your hard work has paid off. Finally, you got a pay raise.

You have plenty of time to celebrate your latest achievement. But there is one thing you need to decide right now. You need to decide how to manage your extra money.

It is easy to use the extra money for lifestyle inflation. But will that help to create financial security for you? Never.

Instead of wasting the extra money for frivolous expenses, why don’t you use this extra money to grow a beautiful financial house? This would help you live comfortably even during the golden years of your life.

Here are the 3 best ways to utilize your pay raise and build wealth gradually.

  1. Pay off your high-interest debt: Debts can damage you both emotionally and financially. Your credit score drops, you get debt collection calls, you pay higher-interest on new loans, you lose your mental peace, and so on. So, the first thing you need to do is pay off your high-interest debt with the extra money. This may be a payday loan or a credit card or an auto loan.

    Although it’s more comfortable to pay smallest debt first, yet I would suggest you to repay high-interest debt since this costs you more money in the long run.

  2. Pay more towards your retirement plans: No one can guarantee your future. So, it is important to take steps for securing your financial future after retirement.

    If your annual income is $50,000 and you get a 3% pay hike, then you’ll get extra $1500. This means an additional $125 every month before tax. If you contribute this amount to a traditional retirement account for 30 years with an average 6% interest, then your total savings would be $125,000. Your total retirement savings and Social Security benefits would be enough to spend your retirement days comfortably.

  3. Get yourself adequately covered: Health insurance policy, life insurance policy, disability insurance, etc. protect you when a disaster strikes. We don’t want to think that bad things can happen to us. But the reality is something different. A disaster can strike anytime.

    No matter what Trump/Senate ultimately decides about the fate of the ObamaCare and HSA, you still need a health insurance policy to cover your medical bills.Based upon the latest developments, ObamaCare is likely to stay. Likewise, a life insurance policy is required to protect your family members when you’re no more. If you don’t have a life insurance, then buy one with the extra money.

  4. Strengthen your emergency fund: The best way to be ready for unexpected expenditures is to strengthen your emergency fund. Obviously, you can use your credit card for a car repair expense but this is an expensive option. High-interest will increase your credit card bill and eventually you have to pay more. Probably, this is why you should save 2-3 month’s worth of living expenses in your emergency fund. Since you have extra money now, use it to boost your emergency fund.

Last but not the least,

Don’t forget to save a little amount for fulfilling your dreams. Maybe you want to visit Egypt once in your lifetime or wish to start a business. Save a little every month. I’m sure you’ll achieve all your goals.

Did you get a pay hike recently? How did you use it? Have you thought about any other way to use the extra money wisely? Share with us.

How would the new rules for FAFSA form affect you?

how fafsa rules affect you

Good news for all the parents and high school students. The Free Application for Federal Student Aid, also known as FAFSA form will be available 3 months early this year. This means you can apply for financial aid from October 1, 2016.

This new change will have a big impact on the high school students and their families. Here’s how.

1.You can easily give all the financial information: You can use the figures from your 2015 income tax return when applying for 2017-18 financial aid. This means you use your ‘prior-prior’ tax information instead of estimating your income, which you have probably done in the previous years.

As per The Department of Education, 2 million Pell-eligible students couldn’t apply for the financial aid last January 1 due to the complex timing with tax filing.

2. You can avoid getting selected for verification: The IRS Data Retrieval Tool makes the filing process simple and easy. You can directly import the numbers into your FAFSA form and thus avoid getting subjected to verification. In the previous years, one-third of applications were subjected to verification. Hopefully, this figure will drop significantly with this tool.

3. Your child can file for FAFSA when applying for colleges: The three months early availability of FAFSA will be beneficial for mostly low-income students since it prolongs the filing period for most colleges and gives counselors more time to guide students.

4. You may come to know about financial aid awards sooner: One of the reasons to change the timeline is to help colleges inform accepted students about financial aid awards promptly and give them more time for making the final decision. It is tough for the students to decide on a college by May 1 after receiving award letters in April. This year, the situation will be different.

A few colleges will send award letters quickly while others may stick to the same timeline. If students don’t have no clue about when they can possibly get financial aid package, then they should contact the school.

And, finally,

Have your financial situation changed lately? Are you worried that your 2015 income tax return doesn’t reflect your present financial scenario? If so, then just submit the FAFSA and visit your child’s college once he’s been accepted. Give your recent financial update and request for a professional judgment review.

What to do when your boss is all set to kick you out of the office

Quite sure that you’ll be shown the door at your office? What will you do now? Should you just sit back and wait till your boss kicks you out of the office? Never. Take these 7 steps right now before you lose your job.

  1. Don’t keep personal files on your computer: Take backups of your personal files. Email those files to your personal email. Delete all the personal files from your computer because your boss would cut off network access soon. You may not get a scope to retrieve your personal items.
  2. Know about unemployment compensation: Find out how to apply for unemployment compensation. Know about the eligibility criteria. If you can’t save your job, then you need to apply for unemployment compensation as early as possible.
  3. Save as much as you can: Don’t splurge. There is no guarantee that you’ll get another job soon. But you need to survive till you get a job. So save as much as you can.
  4. Start looking for a job: Don’t wait till you’re fired. Start looking for a job. Upload your updated resume in the job portals. Apply for jobs. Make sure you take your exemplary work samples to your home. You may have to show them at the time of giving interviews.
  5. Get an appointment with your doctor: Book an appointment with a doctor and dentist while you still have insurance. Get a health check up done.
  6. Have a talk with your boss: Your boss has all the power to save your job. So, have an honest discussion with your boss. Tell him or her that you know he or she is not satisfied with your performance. In this scenario, you would like to know the ways to improve your performance. Listen carefully to what he or she says to you. His opinion would give you an idea about the future of your job. This discussion may help you to change the situation.
  7. Change your attitude: You have not yet lost everything. Change your attitude before you lose your job. Don’t miss out your deadlines at work. Don’t submit substantial work. Be polite and talk positively about the company. If required, talk to the top performers in your office. As for their suggestions. Your co-workers may be able to help you.

Last but not the least,

Even Steve Jobs was fired. So, don’t feel bad about yourself. Anybody can get fired. And, this doesn’t mean that your career is finished. You haven’t failed. This is just a bad phase in your life, and you’ll come out of it.

See also: 5 Proven ways to handle a Hitler boss and balance your career

Should you use your Facebook profile to get a job?

facebook job search

Facebook can help you meet your soulmate. It can give you the latest updates on the various happenings of the world. But can it help you get a job? More importantly, should you use Facebook to get hired?

Facebook is a big social networking platform. From 8 to 80 years old, all are aware about Facebook and its impact on our life. Besides, 65 percent of employers use Facebook to recruit employees. So, isn’t it wise to use the platform to connect with recruiters and be financially independent?

Here are some other reasons why you must use your Facebook profile to get a job.

  • You can expand your network to get a new job
  • You can show how social media savvy you’re to recruiters
  • You can show your social networking skills to employers

Check out the following ways to take the maximum advantage of Facebook and get a job.

  1. Create a nice profile: Highlight your work experience and educational qualification. make sure you don’t mention the places where you have worked for only a few months. If you have a blog, then share the link in your profile.
  2. Don’t share embarrassing moments: Build a nice and professional image of yourself. Get rid of your beach photos and make your albums private. Change your privacy settings so that only friends can view your albums. Find out if someone has tagged you in embarrassing photos. If so, then untag yourself.
  3. Follow recruiters: Most companies have their official pages in Facebook. You have to like and follow their pages to view their posts and newsfeeds in your timeline. You can know more about the company profile and job vacancies.
  4. Join groups: There are lots of industry groups in Facebook. These are mainly closed groups, which means you have to seek permission from the moderator to be a part of them. The best part of these groups is that you can get updates about the hourly jobs posted by the admin.

What you should avoid doing in Facebook

  • Making racial comments
  • Posting photos that create a bad impression upon you
  • Keeping comments on your Facebook Wall that are distasteful
  • Applications that portray you in a negative light
  • Posting comments that prove you’re a bad and irresponsible guy or girl

Bottomline

Can you get a job with Facebook easily? Well, let us say that Facebook isn’t going to overshadow Linkedin anytime soon as far as job hunting is concerned, But, you spend at least a few hours on Facebook on a regular basis. So, why not use it for a productive purpose? Use Facebook along with Linkedin to grab the attention of millions of recruiters. At least, this won’t hurt you badly.

Have you tried Facebook to get a job? How did it go?

3 Ways you’re wasting your money before and after going to office

The other day I was checking my recently installed budgeting application in my smartphone after returning from office. Like a true budgeting expert (which actually I’m not), I was calculating my expenses in the last few days. And, I was amazed to see that my expenses during the weekdays are huge. I actually spend an impressive amount while commuting to work. And the sad part is, I don’t even know about it.

Thank god, I installed that budgeting app. Really!!!

Anyway, as I was checking my daily expenses, it dawned upon me that I was wasting money in 5 different ways before and after going to the office. Here are 5 of them. If you’re just like me, then it’s time to think about the alternatives. After all, we work at the office for earning dollars but not for wasting them.

Buying food stuff at the gas station: Yes, I love to munch food while driving. So, almost every day I stop at the nearest gas station and buy food stuff from there. Half of the food is finished by the time I reach office. And the remaining gets finished at the office. Sometimes, I stop at Starbucks and buy my favorite latte (peppermint mocha) from there which costs $4.95. This happens at least 3 days a week. So, you can say I spend $60 in a month on latte itself. If I calculate the food cost too, then the total cost would go up to $140.

Eating whatever you feel like during lunch: I’m a foodie by heart. I love trying different dishes every day. And, lunch break is the best time to whet my appetite. Normally, I get food at subsidized rates in office. But, I want more and this sends me to Arby’s every other day. I’m a big fan of Arby’s Max Roast Beef combo (around $8) and I must have it whenever I visit that fast food joint.

Breakdown of my expenses

Max roast beef combo – Thrice a week ($12*8) = $96

Meal at proper restaurants – Once in every week ($35*4) = $140

Total expenses – $236

Excessive Internet surfing: My profession requires me to stay updated all the time. That’s a professional obligation. Fine. But what about tweets and posts I make in various social media websites? My smartphone is my constant companion and I browse different websites excessively during 3 times – before reaching the office, lunch break and before coming back to home. I’m surfing even when I’m shopping. I’m a total social animal. The result is in front of my eyes – my current data plan gets exhausted quickly. Normally, I opt for $20 data plan (T-mobile) but that is not enough. Either I have to recharge twice or I have to opt for $60-$70 data plan. So technically, I’m wasting around $50 every month excluding taxes.

How much I’m wasting every month

Buying food stuff at gas station: $200

Eating whatever you feel like during lunch: $236

Excessive Internet surfing: $50

Total wastage – $486

What I have planned to do to cut down huge expenses

  • Stop thinking about Starbucks while driving to the office.
  • Stop buying food stuff at gas stations while going to work.
  • Carry a huge brown bag to the office.
  • Cook regularly.
  • Be a less social animal.

So, these are the 3 ways I end up wasting money. What about you? Do you also happen to waste money while going to work? Think carefully. Sometimes, we don’t realize how much we are actually spending every day. But once you start crunching the numbers, the real figures will be in front of you.

How do you know your job is shattering your love life?

work destroying your love life

Money is important in your life. But so is love. If your job is taking a toll on your relationships, then there are a few questions you need to answer first:

  1. Which one is more important – money or love?
  2. Should you leave your present job?
  3. How will you survive if you quit your present job?

Unfortunately, most people ask these questions to themselves when it is too late. And I’m quite sure you don’t want to go through a similar kind of a situation unless you’re too careerist.

So, here I am with my list of 5 signs that will help you understand that your present job is badly hitting your love life.

1. You’re too busy at office and don’t have time for your spouse:

Are you so busy at work that you don’t have time for your spouse? Are you spending an average 65 hours at the office every week? It’s fine to do overtime some days. But if it has become a routine, then do you know what’s cooking up in your home? Have you ever thought about it?

Your spouse needs your time, not your money. If you continue to spend long hours at the office every day, then your spouse may feel left out. Even if you’re able to do your duties, you won’t be able to fulfill her/his emotional needs; this requires time.

2. You vent out your frustration at home everyday

Are you having fights at home once you return from work? Do you feel itchy and irritated all the time? If yes, then your relationship is in trouble since it’s simply not possible for your spouse to cheer you up every day. He/she is human too and no one would feel good if someone behaves badly with him/her regularly.

If you’re grumpy most days of the week, then it’s a serious problem. Start looking for a job instead of shouting at your spouse.

3. You’re either on phone or working on projects at home

Can’t leave the phone in another room even for a second? Need to check emails or twitter updates every 15 minutes? If so, then it’s a sign that your work is taking a toll on you. If you can’t have any ‘free time’ for your spouse, then both of you can very well live separately. What’s the point of living under the same roof?

4. You mingle with your co-workers more than your spouse

Do you often share your personal thoughts and feelings with your co-worker everyday? It isn’t unnatural since you spend long hours at the office. You don’t even have time to have a proper chit-chat with your spouse at home. But do you realize that it is acting as a ‘slow poison’ in your marriage? Wait for a minute and analyze your current situation. Perhaps, it’s the right time to enjoy a vacation with the love of your life.

Do you remember when did you have a hearty laugh with your kids last time? Do you miss out most of their memorable moments due to your busy schedule? If yes, then your kids will consider your job as a family fun-buster. You would miss out all the opportunities to share golden moments with your kids. When they grow up, they would always feel – ‘dad didn’t have time for us when we needed him”! How will you face your children at that time?

5 Proven ways to handle a Hitler boss and balance your career

Horrible boss doesn’t exist only in the Hollywood movies. They’re real and exist in each and every office.

Don’t agree with me? Okay, just type ‘bad boss’ in Google. You’ll get at least 43,700,000 results. Yes, I agree it’s a terrible situation to be in. But what can we do? We have to work and earn bread for our family. We have to tolerate a Hitler boss, hit him albeit mentally and then return to our work station and start working again.

Bad boss – Takes a toll in your emotional world and family

Fortunately, I have not worked under a bad boss. But my dad has. So, I have an idea about how it feels to go through the emotional torture every day from 9am to 5 pm. The biggest effect is on your mind. According to The National Institute for Occupational Safety and Health, around 77% of workers show stress symptoms due to their bad boss. They have sleeping disorders and inferiority complex. Bad leadership shakes employee morale and hampers their productivity as well.

My dad was never excited to go to office. He felt like being trapped in hell without any gateway. He worked sincerely without any appreciation. The worse part was when his juniors got a better pay hike than him. It was unbearable. He lose all his self-confidence and lost his zest for work.

Family burns in the tug war between a bad boss and the helpless employee. In the last years of his career, he became little itchy and lost his temper very easily. This used to specially happen when he had a bad day at office. The sad part was, that bad day used to come frequently in a week. And, we had to give him mental support and tolerate his tantrums with a smile on our face.

How to cope up with a bad boss

Those who can switch jobs easily are slightly in a better position. But what about those who can’t switch jobs? Secondly, switching jobs is not a solution since bad bosses very well exist in other offices as well.

Here are the 5 proven ways to work with a bad boss and climb up the career ladder as well. Use one of these tips if you’re working with a difficult manager. May be, you’ll get some help or at least can stay sane till you find a better job.

Read more – Qualities you need to have to get a job.

1. Understand your boss psychology and act accordingly

Understanding what turns your boss on and off is extremely important to survive in the big bad corporate world. Try to find out why your boss gets angry whenever you take a long lunch break. Is it because of his addiction to office discipline or something else? Is he concerned about what other workers will talk about you? Find out the reason first.

2. Ask what he/she expects and take all the instructions carefully

A bad boss will always try to find a fault in your work. So, your motto will be to be impeccable at work. Whenever your boss is giving you an assignment, ask – “So what you want me to do is…”. Be sure you’ve no confusions regarding the instructions before you start working on the assignment.

If your boss is still unhappy with your assignment, then keep your mind cool when he/she hurls abuses at you. Wait till the tirade is over. Thereafter, just ask where you went wrong so that you can make sure such a mistake won’t happen again.

3. Get everything in writing so that you can defend yourself

Try to interact with your boss through email. If you had a meeting with your boss regarding a project, then point out the highlights and send him a mail. If there is any error, he’ll retaliate or correct you. If there isn’t, then you can be sure that you understood everything accurately. If your boss asks you anything or tries to harass you regarding the project, you can just forward him the mail for a bitter-sweet reminder.

4. Talk with your colleagues and find out what’s working for them

Have a talk with your co-workers and find out how are they dealing with this obnoxious boss. What kind of strategies are working? What are the do’s and don’ts? Listen to them carefully and try out a few of them carefully.

There’s yet another tip which you can use. It is risky though. You can approach the reporting person of your boss and explain what’s happening. But do a small investigation first. Is the reporting person approachable and trustworthy? Will he backbite you? What is his equation with your boss? Remember, you’ll be dead if your boss comes to know about it. So, use this tip cautiously.

5. Broadcast your accomplishments to everyone before he takes credit

A bad boss will never appreciate or talk about your accomplishments before others. Rather, he will take credit for those tasks which you’ve done. A direct confrontation with your boss would not give any productive result. So, there’s only one thing you can do. Let the rest of your team know about your accomplishments before he gets any chance to steal your show.

Final thoughts

If you’re stuck with a boss who needs to go back to management school, then don’t feel frustrated. This is a really very common scenario. You can’t change a person. You can’t even make him like you if he has taken an oath to hate you. But what you can do is change yourself as per the situation. Remember, you’ve a world outside office. You’ve a family and bunch of wonderful friends who love you unconditionally. So, stop thinking about your Hitler boss and focus on your work instead.

So, are you working with a bad boss? How does he irritate you? What kind of problems are you facing? Do share it with me.

Not getting a job? Check if you’ve these 5 qualities to impress boss

In the last post, I have talked about the steps need to be taken before leaving a job. In this post, I would talk about the steps you need to take to get another job. If you’re one of those guys who really want to get a job quickly, then this post is for you

The job hunting season has begun with the release of fresh graduates in the job market. Let me tell you about the 5 qualities employers are looking for in job applicants. Find out if you’ve an edge over the other employees.

Qualities you must have to get a job

So what are the qualities that employers are looking for? Do you have those qualities or do you need to develop in yourself? Find out.

1. Job experience:

Your GPA is not enough to impress your boss. The sooner you digest this fact, the better for your career. I know you’d say that “who will give a chance to freshers? How is it possible to acquire job experience if nobody gives us a chance”? What you’re saying is correct, but employers are looking for candidates who are at least serious about their work or are familiar with corporate life. If you’ve done an internship or even a part-time, then make sure you mention it in your cv. It will give you an edge over others.

2. Specialization:

Did you do course on computer software? Do you know how to create applications, fix security issues of a website, and code? I’m asking this because your potential employer is likely to ask you these questions. If you’re going to work in the technical support department of a software company, then they would prefer to recruit someone who has knowledge about these things.

3. College major:

Are you planning to get into the healthcare industry? If that is the case, then make sure you do your major on that subject. If you haven’t done any course in this field, then try to talk about the other jobs you have done to impress the employer. There’s no guarantee that you’ll sure get this job but at least you can try. The best option will be to go back to school and do a course on that subject. You can also do an internship to wow an employer.

4. Volunteer activities:

Have you ever done any volunteer work during college especially on the field you’re going to work? If yes, then do mention it during your interview. You’ll get a good subject to talk about. Besides, the employer would know that you’re a team player. In case you haven’t done any volunteer work, then discuss about the activities you love to indulge in.

5. Pleasing personality:

Employers love candidates who can easily mix with others. They like people who are friendly, flexible, patient and cordial. These kind of people can easily join team and be a part of it. So, always show your bright side during the interview. Be polite and cordial. It might happen that employer asks you lots of baseless questions during the interview. Smile and answer them to the best of your ability one by one. Don’t get irritated as this is exactly part of the game plan to test your patience. If you can’t handle the tantrums of 2-3 people, then how would you possible tackle others?

Problem solvers are always in demand. Employers prefer to recruit job candidates who can analyze and solve complex problems without hampering overall productivity. So, if you’ve this quality, then don’t forget to highlight it in your resume. If a complex problem is thrown at you during the interview, then think clearly without getting intimidated and try to solve it. Who knows, it could land you a job.

Some qualities that employers absolutely hate to see

  • Lying
  • Lethargy
  • Lack of innovativeness
  • Over confidence
  • Aggressive attitude
  • Nervousness
  • Stammering
  • Lack of good communication skills

This was my take on the the qualities that employers hate or are looking for. What is your view? Share it with us?

Ready to quit your job? Make sure you take these 5 steps

It is both scary and liberating to quit job. Trust me. I have seen lots of my friends leave their job for a better career opportunity or more flexibility. Some of them have excelled whereas others have regretted their decisions later. But one thing was common. They all faced some major problems in making this transition.

Of course, money is essential for making this transition. But there are various others factors which you need to consider and steps you’ve to take before switching jobs. These are given below:

1. Create a budget to meet your bare essential expenditures

Calculate how much do you need to meet bare essential expenses. This would include food, utilities, insurance, gas, etc. Make sure you exclude other expenses like traveling and eating outs. Once you’re done with that, create a budget that you would help you survive in the no-income months. This would technically happen during your unemployed period. You’ll be able to decide which bills need to be paid first and which can be postponed. When your income is little-bit extra, you can use it for other expenses.

2. Create a emergency fund that would help you survive 6 months

Your budget is done. Now it is high time you build a savings fund to meet those bare essential expenses. Make sure you’ve enough money to survive the next 6 months. If you can save more than this amount, then that would be simply an added bonus. You can use it to start a business or tackle medical emergencies.

3. Decide how will you survive in the next few months

Savings will get exhausted soon. Besides, you need money to save also. But how will you earn it? Decide that first.

Have you got another job? Are you planning to venture into business? Or will you survive just on freelancing? These are some essential questions that need to answered before leaving your current job confidently.

4. Think about your health insurance coverage too

As per the federal laws, having a health insurance coverage is a priority. If your existing health insurance coverage expires, then you’d face a tax penalty. Have a talk with your current health insurer. Tell him that you’re going to change job so you’d like to know how it will affect your insurance premium and coverage.

5. Take care of your nest egg properly

Your nest-egg will feed you after retirement. So, you need to take care of it especially before switching jobs. If you’re contributing to employer matched 401(k) account, then make sure you roll over it to a new individually-managed service. Never let go of the money you saved in your retirement savings account till date.

Last but not the least,

Explain your future plans to a competent financial advisor. Find out if he feels that your career move will be too risky. Next, have a talk with the HR as well about the benefits ex-employees are entitled to. Make sure you talk tactfully so that he/she wouldn’t guess that you’re planning to quit this job.

So, these are some important steps which I feel you should take before switching jobs. Do you agree with me? If not, then what step would you like to suggest others? Share your ideas here.

7 Awesome tricks to be the best financial writer

Okay, this is my second post. And I’m just too excited about it. Uh – the ethereal feeling of pouring your heart out. Anyway, coming back to what I was saying; I have been working as a financial writer for the last 5-6 years now. In the past few years, I have learned a lot – some from my mentors and others in a hard way. 🙁

So, this post is dedicated to those who want to take content writing as a career. If you want to become a financial writer, then this post is for you.

Tricks to be the best financial writer

Critics say that it’s not sexy to be a financial writer. My answer is, it may not be the sexiest profession in the world, but it is a challenging job. Writing content on hard core finances in a very simple language is not that easy as it sounds. But when people comment on your articles, express their gratitude over how your content helped them to plan finances, you feel good. Actually, more than good.

Best rules the world. Hence, everyone wants to become the best student, best employee, best cook, best writer and so on. If you want to be the best financial writer, then here are the 7 tricks that may help you to be one.

  1. Choose a trendy subject: Finance is not as entertaining as movies. Plus people are really not interested to read a boring subject. If you really want people to read your articles, then the first thing you need to do is choose a trendy topic. You can find out a trendy topic from here – Buzzsumo app. Just create a free account here and then start searching for a topic that are trending in the web. You can also use Google Trends as well.
  2. Give a nice title: Title will do half the job. So, frame a title which evokes curiosity amongst readers. Add numbers as they make your title appealing. Keep it within 65 characters and 6 words if possible.
  3. Give quotes of real people: This is one of the most best ways to breathe a new life to boring and uninteresting financial topics. Use quotes of real people in your article. These ‘real people’ can be some renowned financial experts or common people. Usually, it becomes tough to make real people open up their mouth on their financial problems. They feel their friends and relatives will judge them. So, if you can get genuine feedbacks from real people, then quote the statements of financial experts.
  4. Make your content scannable: People won’t spend hours to read your article, especially web content. Neither do they have a huge time or patience. So, try to make your article scannable. Include sub-headings, give bullets, highlight the important phrases in the article. Give a proper conclusion – it can be a summary of the article or an open-ended question (works best when you want to get comments).
  5. Give stats and numbers: You’re dealing with financial concepts. So, the more number and stats you give in an article, the better. It will make your article more real and researched one. People will relate to it. Yes, this is a hard task since you’ve to research a lot. The best trick would be to interview some industry experts.
  6. Target easy and simple words: You’re not here to showcase how good you’re at English. You can write a novel or a play for that. This is real world where real people would read your article. And, not all the real people would be equally good at English.You would be considered as a good writer when even a student of class 6 can understand what you’ve written. So use simple and colloquial words to make it easy to read. Don’t use flowery words. But, don’t produce a boring article. It will send readers to sleep within a few seconds.
  7. Include images and videos: Idea is to make your article visually attractive. Include images in the article to attract readers. Make sure you don’t use duplicate images. Edit or change those images little bit. If you can, include videos .

Takeaway

What differentiates a writer from a bad one is presentation – the art of presenting even a boring topic in a nice way. So, work on that department as well.

So, this was my take on what can help to become a good financial writer. If you know any other trick, then do share it. It’ll help a lot of ‘wannabe’ writers and me of course.