Finance

In early 2020, the cryptocurrency boom kicked off and hit the mainstream hard. It was the first time that many people heard about Bitcoin, blockchain, and cryptocurrency in general.

There was no escaping it, as everyone had an opinion on prices and currencies. 2021 saw the market mature, and the total market cap of cryptocurrency closed off at a growth of 187.5%.

So you probably know about cryptocurrency, but are you practical enough to have your own portfolio and to keep up to date with everything that’s going on with the various currencies?

If so, you should check out some of the best cryptocurrency apps that can make checking and managing your portfolio easier than ever.

We’ve gone through the best cryptocurrency apps and picked some of the best that the markets have to offer. Keep reading to see our top choices!

Benefits of Cryptocurrency Apps

Some of the best cryptocurrency apps help users manage their funds, make payments, and track prices. Other apps offer things like merchant tools and blockchain exploration.

Cryptocurrency apps can also help you stay up-to-date on industry news and find new and innovative ways to use your digital assets.

In the past year, there has been an influx of new and exciting cryptocurrency apps enter the market. With so many options now available, it can be tough to know which ones to use.

The rise of Bitcoin ATMs also became popular. It simplified the way people transact their cryptocurrencies, click the following page to know more.

Cryptocurrencies are also decentralized, meaning they are not subject to government or financial institution control. This could lead to more stability, as well as increased privacy and security.

Because cryptocurrencies are not tied to any one country, they can be used to easily send and receive payments internationally. Transactions typically have very low fees, sometimes even zero.

Dangers of Using Cryptocurrency Apps

When it comes to using cryptocurrency apps, there are both risks and rewards.

On the one hand, there are many dangers associated with using these apps. For example, if you lose your phone or if it is stolen, then your cryptocurrency could be gone forever.

Additionally, if you use an exchange that is not reputable, you could be at risk of losing your money. If you are not careful, it is easy to make mistakes that can lead to you losing all of your investment.

Another risk to consider is the possibility of scams. There are a lot of people out there who are looking to take advantage of the confusion around cryptocurrency. Be sure to do your research before you use any app.

Remember that the value of cryptocurrency can be volatile. The prices of Bitcoin and other cryptocurrencies can go up and down a lot over time. This means that you could end up losing money even if you don’t make any mistakes.

Overall, it is important to weigh the risks and rewards of using cryptocurrency apps before deciding whether or not to use them.

Cryptocurrencies have many disadvantages. They are often very volatile, meaning their prices can fluctuate rapidly. They can also be quite complex, making them difficult to understand and use.

To better understand, here are the different Cryptocurrency apps together with their differences:

Coinbase

Coinbase is a digital asset exchange company headquartered in San Francisco, California.

Coinbase is a popular cryptocurrency app that meets all of these criteria. Coinbase is user-friendly, offers a variety of features and tools, and is secure. It is a great choice for beginners, as it is easy to use and provides a variety of features.

Furthermore, Coinbase is a large and well-established platform that supports a variety of cryptocurrencies. You can buy and sell cryptocurrencies on Coinbase, as well as store them in a Coinbase wallet.

Exodus

Exodus is a great choice for those looking for an all-in-one cryptocurrency solution. It is one of the best cryptocurrency apps today.

It’s a secure, easy-to-use platform that supports a wide range of digital assets. You can buy, sell, and store your cryptocurrencies all in one place. Exodus is also one of the few platforms that allows you to trade directly with other users.

Exodus is a desktop-based crypto wallet that supports more than 100 assets. The app is well-designed and user-friendly, making it a great choice for beginners and experienced crypto users alike.

Exodus is also one of the few wallets that offer built-in support for ShapeShift, which allows for quick and easy exchanges between different cryptocurrencies.

In terms of security, Exodus utilizes a number of industry-standard features, such as 2-factor authentication and a host of other security measures. Overall, it is a great choice for those looking for a comprehensive crypto wallet.

Blockfolio

Some people swear by Blockfolio, while others prefer CoinMarketCap or Delta. It’s user-friendly and has a ton of features that make tracking your crypto portfolio a breeze.

Plus, their customer service is excellent and they are always rolling out new features and improvements.

It also provides detailed information on each cryptocurrency, including price history and market data. Automatic updates are also available. This is to provide users with the latest information. Lastly, it is secure and protects your investments.

When researching the best cryptocurrency apps to use in 2022, be sure to consider Blockfolio.

It is a cryptocurrency tracker and portfolio manager that allows users to see the performance of their cryptocurrency investments in one place. The app also provides real-time market data, news, and insights.

Delta

As the world of cryptocurrency evolves, so do the apps that we use to manage our digital assets. This year, Delta will be one of the best cryptocurrency apps to use, offering an all-in-one solution for tracking, trading, and storing digital currencies.

Delta is unique in its ability to sync with multiple exchanges and wallets, making it the perfect choice for those who want to keep their portfolios streamlined and up-to-date.

With Delta, you can be sure that you are always on top of the latest price changes and developments in the cryptocurrency space.

In 2022, the best cryptocurrency apps will provide users with the most up-to-date and accurate information about the market, as well as the tools necessary to make informed investment decisions.

Delta Crypto will be one of the leading apps in this space, offering real-time market data, news, and analysis, as well as a suite of features aimed at helping users maximize their profits.

KryptoGraphe

There are a few different ways to measure which are the best cryptocurrency apps.

Some people might look at the number of downloads or active users, while others judge by the app’s usefulness or features. In terms of pure crypto trading and investment, the best app might be Kryptographe.

This app is designed to be your one-stop shop for all things related to cryptocurrencies.

It has a built-in exchange where you can buy and sell different coins, a news section to keep you up-to-date on industry news, and a portfolio tracker to help you monitor your investments.

Kryptographe also includes a handy tax calculator, so you can keep track of your gains and losses come tax time. The Kryptograph app is one of the best cryptocurrency apps to use in 2022.

It allows you to manage your cryptocurrency portfolio, as well as track the prices of the various coins. The app also provides news and analysis of the cryptocurrency market.

Cryptocurrency Wallets

A cryptocurrency wallet is a digital wallet that stores your private and public keys and interacts with various blockchains to enable users to send and receive digital currency and monitor their balance.

If you want to own cryptocurrency, you’re going to need a cryptocurrency wallet.

There are many different types of cryptocurrency wallets, each with its own set of features and security. Choosing the best cryptocurrency wallet for you will depend on your individual needs and preferences.

Cryptocurrency Exchanges

There are a few different types of cryptocurrency exchanges, each with its own benefits and drawbacks. Decentralized exchanges are usually more secure, but may not have as many features or liquidity as centralized exchanges.

In terms of security, it is important to choose an exchange that has implemented strong security measures, such as 2-factor authentication and cold storage. It is important to choose an exchange that offers the features that you need.

The Best Cryptocurrency Apps to Use in 2022

As cryptocurrency becomes more mainstream, there are a growing number of apps that allow users to buy, sell, and invest in different types of digital currency. While there are many different options available, not all of them are created equal.

These are just a few of the many different cryptocurrency apps available. As the industry continues to grow, there will likely be even more options available in the future.

If you’re looking for the best cryptocurrency apps to use in 2022, make sure to check out our list. We’ve researched and compared the top apps to help you make the best decision for your needs.

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No matter the time of year that you’re shopping online, your safety is paramount. Whether you’re browsing your favourite stores or using a marketplace like Amazon, you need to take some necessary precautions to prevent any fraud or criminal activity. Here are five top tips that will help you stay safe when shopping online this year.

Tip 1: Don’t fall for deals that seem too good to be true

If you encounter an online deal that seems too good to be true, it probably is. Fraudsters are adept at replicating legitimate websites and tricking people into believing that the offers they share online are genuine. Therefore, one of your first ports of call before committing to a purchase should be an independent review site like Trust Pilot. If you can see lots of positive reviews from the site in question, it’s probably okay to continue with your purchase.

Tip 2: Identify bogus emails

Spam emails are frustrating at the best of times. But when something arrives in your inbox with a special offer or as an apparent delivery notification, you need to check it out. Fraudsters will try and get you to click links and submit your details to their software. If you see an email that you think is bogus, the best course of action is to do nothing. If it turns out that there is a problem with your order and you don’t receive it for whatever reason, you can reach out and contact the company yourself.

Tip 3: Log out when your shopping is done

Instead of just shutting the window and closing down your PC, make sure you log out of online accounts when your shopping is done. If you stay logged in, it’s easier for hackers to access your stored information online.

Tip 4: Update your computer

Fraudsters target old versions of software to try and steal information and hack accounts. Although it can be frustrating having to constantly update your software, it’s actually a really important part of your online security. Before you close your PC at the end of the day, take the time to run the update – it’s definitely worth it from a security standpoint.

Tip 5: Keep on top of your financial information

Checking your statements and keeping on top of your financial information is an effective way of staying safe online. If you check your account regularly, you can notice unusual transactions, which you can then look to rectify with your bank. If you go too long without checking your accounts, you might find that you’ve been a victim of a hack without realising it.

So, whether you’re looking to buy furniture online or perhaps as you complete the latest payment on your summer holiday, make sure you follow the above five tips to ensure you don’t fall foul to crime as you’re shopping online this year.

 

Debt consolidation can be a helpful way of regaining control over your finances. While you might think the process is a tad confusing at first, debt consolidation isn’t overly complex. Below, we look at how debt consolidation loans work when you should use one, what to look for in such a loan, as well as certain alternatives that you might consider. By the end of the article, you should have all the information you need to decide if debt consolidation is right for you. 

What exactly is a debt consolidation loan? 

The easiest way to understand the premise of debt consolidation loans is to use an example. So, let’s assume that you owe money on three separate credit cards: £1,000 @ 20%, £1,000 at 30%, and £1,000 at 40%. Your average interest rate in this example would be 30%, which would be owed on top of the £3,000 balance. This is a relatively high rate of interest, and you’re faced with the difficulty of managing three separate monthly payments. In turn, this might lead you to pay the minimum amount due every month, which just keeps your debt going indefinitely.

A debt consolidation loan allows provides you with the funds to pay off your credit cards simultaneously. Typically in the form of a personal loan, the money is deposited into your account, and you can use it to pay off your credit cards. You will hopefully receive a lower rate of interest on the loan you’ve just taken, which will again help your financial situation in the long run.

What to consider with a debt consolidation loan 

The most important thing to remember is that you should only borrow money that you will be able to pay back. While a debt consolidation loan isn’t designed to solve all of your problems, it will help. Just make sure you adjust your expenditure, so you don’t fall straight back into debt. You also need to think about the cost of a debt consolidation loan over time. For instance, paying £1,000 at 20% over two years is more expensive than paying £1,000 back at 30% APR over one year. Just because you get a lower interest rate, it doesn’t mean it will work out cheaper in the long run.

Most people can access both unsecured and secured loans as a form of debt consolidation. However, unsecured loans are much better for borrowers, as you don’t need to offer any of your assets as a security. In some cases, you might also be able to access a guarantor loan, which sees someone else ‘guarantee’ that you will pay the loan back. If you opt for a guarantor loan, you will need to find someone willing to play the role, and you will almost certainly face higher interest rates as a result.

Debt consolidation loans and your credit score 

In order to be approved for a debt consolidation loan, the lender will take your credit score into consideration. While borrowers with far from ideal credit scores should be able to access credit, your options will be somewhat limited. Also, the further you go down the scale, the more interest you’re likely to pay back. Remember that there are three credit agencies in the UK, each of which offers slightly different credit scores from the other.

However, thanks to the advent of Open Banking technology, some lenders place less emphasis on credit score and consider other aspects of your current financial circumstances. Lenders like Koyo Loans use Open Banking to consider your outgoings and expenditure, which gives them a much broader picture of whether or not to issue you with the credit you’ve applied for. Another thing to be mindful of is that debt consolidation loans will affect your credit score. If you use it to your advantage and repay your loans, it will actually strengthen your credit score in the long run.

Debt consolidation loans alternatives 

While a personal loan is one of the most popular ways of consolidating your debt, you can also use a balance transfer credit card. Offered by some financial institutions, this allows you to apply for a single credit card that you use to pay off all your other credit cards. Many of them begin with a 0% introductory period, which offers money savings if you can pay the loan off within that period. Once the 0% period is over, though, your interest will shoot up, so it’s important to bear this in mind if you can’t pay the money back quickly.

If you think a debt consolidation loan is useful to you, it’s a good idea to contact a lender and review the types of personal unsecured loans that they offer. You should then calculate if taking out a loan to repay your current credit card and other lines of debt will work out for you. No matter your current credit score, it’s something worth considering if you’re hoping to get out of debt and regain control of your finances.

 

Adjusting to a new income post-retirement can be difficult and you may find yourself falling into the habit of spending money that you longer have spare.

To avoid this, I have written this blog which outlines 5 tips on how to budget post-retirement so you can enjoy it rather than stressing about money. This blog will show you how to easily manage your finances on your new income.

Make a list of all your monthly outgoings

The first step to budgeting post-retirement is to create a list of all your money outgoings so you know exactly how much is going out of your account. This may not be something you would generally do, however now that you have to adjust to your new income, you may have to be stricter with the way you are spending your money.

When compiling this list, make sure to include everything that comes out of your account on a monthly basis, not just your bills. For example, you need to include basic things such as your average monthly food bill to non-essential expenditures such as getting your nails done each month.

Once you have compiled your list, deduct the total from your overall income so that you know how much you have leftover each month that you can spend on what you like.

Plan what you would like to do and set money aside for it

Now that you have a different income, it’s important to plan what you would like to do ahead of time so you can set aside money for it, although this generally applies to activities that will be more costly.

As you will have more free time during retirement, you will most likely take up hobbies at first to fill the time gaps during the day. If this is the case, take a look at your finances beforehand to ensure you can do so, especially if it’s a weekly club you would like to attend.

It’s also important to treat yourself during retirement such as going on holiday or city breaks, however, this comes at a cost. If you are planning on travelling during retirement, research everything beforehand so you can get the best deal. This will also give you a good idea of how much the entire trip will cost you so you can save for it.

Invest in a good funeral and life insurance plan

Altough it’s a morbid thought, investing in a good funeral and life insurance plan is imperative when you retire and could save your family thousands when you pass.

With funeral costs increasing significantly each year, having a pre-paid funeral plan is a great way to avoid a hefty bill when you pass. It also gives you control over the kind of funeral you would like. An over 50s funeral plan gives you the freedom to choose a plan that works for your budget that you can pay in monthly instalments.

Another thing to consider is life insurance as having the right cover is essential to financially protect your loved ones when you pass. Once again, there are many packages out there that will cater to your budget.

Set yourself a monthly spending limit

Although you have budgeted for your expenses, it is very easy to go over the budget you have for non-essentials due to all the spare time you will now have. Even though you may only overspend by £10 here and there, over time it will add up and it can be hard to get out of this routine.

To avoid this, set yourself a monthly spending limit that you cannot go over. It may be easier to put the rest of the money into a different account to ensure you only have the money available that you give yourself each month.

Set aside money for unexpected expenses

Many people tend to have a savings account for their retirement that is separate from their pension, however, I wouldn’t suggest using that money straight away.

Altough it is important to treat yourself, you also need to ensure that you have money set aside in case of an emergency so you don’t end up paying for an unexpected bill and have nothing left to fall back on.

If you already have a savings account, I would suggest only dipping into it when you really need to. If you do find your account running low, then top it up each month until you have enough money that you can fall back on if you need to.

If you don’t have a savings account then I would strongly suggest setting one up and adding a bit of money to it each month. Doing this will allow you to spend the money you have whilst knowing you have savings behind you.

To sum it up

Now that I have shared my tips on how to budget post-retirement, it’s time for you to apply these tips to your situation so you can enjoy retirement without having to worry about your finances.

My biggest tip would be to sit down and plan how much money you will have each month as you can plan what you would like to do around this. It is also important to have some money to fall back on should you need it.

 

With the cost of living rising faster than wages, budgeting is an important topic for many families. Luckily there are plenty of effective tips and tricks you can use to cut your spending without it feeling like a compromise. Here are seven of the best.

1. Educate your kids on finance

Children form their attitudes towards money early on, so as a parent or guardian it’s important to educate them on financial matters. For example, you could give your kids a small amount of pocket money each week which they can then choose how to save or spend. If you’re fostering in the West Midlands, financial literacy is just one of the many crucial life skills you can teach the child you care for – even if they are only with you for a few months.

2. Make the most of free activities

As the saying goes, the best things in life are free. Although many activities aimed at children are expensive, there are also plenty of genuinely enjoyable ways to pass the time that don’t cost anything. For instance, you could spend the day at the beach, go on a long walk in the woods in search of cute wildlife, or head to the library to pick out some books for free.

3. Shop around

Whenever you have a reasonably large purchase to make for your family, take some time to shop around to make sure you get the best deal. For example, research a few different internet providers before choosing one, or look at the same car seat on different websites to see which store is selling it for the lowest price.

4. Stock up in the sales

If you find items that you use frequently on sale, it’s time to stock up. As long as they won’t go out of date before you can use them, this will save you money in the long run. Similarly, before buying anything have a quick search online for a discount code – you might just get lucky and snag 10% off!

5. Don’t rule out secondhand items

Baby products can be very expensive, yet only get used a few times before they’re outgrown. As such, looking on parenting forums and in secondhand stores can be a fantastic way to find real bargains. Likewise, if you have friends with kids who are a bit older than yours, ask if they have anything they were planning on getting rid of that you could use.

6. Cut your grocery bills

Food is one of the main expenditures for many families, however there are ways you can cut your costs. Instead of opting for big brand names or luxury products, try the supermarket’s own brand versions. In the majority of cases, you won’t even be able to taste the difference!

7. Link it to the environment

If your kids are old enough, one way to get them more enthusiastic about cutting back on water, gas and electricity usage is by explaining to them how it’s better for the environment. This often motivates young people more than budgeting does and can help them to feel as though they are having a positive impact in the world.