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Arnett Hailey

Finance

How to Plan Your Retirement If You Are A Businessman?

by Arnett Hailey on

Retirement is something everyone looks forward to. Most salaried workers and corporate employees have a particular retirement age, but retirement planning can be tricky if you’re a business owner. Firstly, your retirement plan would be intertwined with your business plan. Secondly, as a business owner, you should stay involved for as long as possible.

Your retirement investment plan requires careful consideration and strategic financial planning. Therefore, early retirement planning can help you in the long run to ensure financial stability and security in your golden years.

Best Retirement Plans In India For Early Retirement 

If you want to know what pension or retirement plans will best suit you, try to determine what you want your life to look like during your retirement years. Your retirement planning can include details like where you want to live, how much that could cost you and what other expenses you might have to pay to maintain your lifestyle.

A good retirement plan can ensure all of your needs are met. Investing in an early retirement insurance plan is in your best interest since you get a more extended period to save and invest more money in a disciplined manner.

Retirement Investment Plans For Business Owners

These are some standard retirement plans you should consider when planning for retirement.

  • National Pension Scheme (NPS)

The NPS is a government-backed scheme where you can invest in different avenues. It’s a standard retirement scheme used by corporate employees and self-employed individuals. Note that this scheme will mature only after your retirement or at the age of 60 years.

  • Public Provident Fund (PPF)

Another government-backed scheme that offers a safe investment is the PPF. This fund allows you to invest a maximum of ₹1.5 lakhs a year and offers an interest rate of 7.1% per annum. The interest rate is, however, subject to change.

  • Unit Linked Insurance Plans (ULIPs)

A ULIP combines the benefits of life insurance and market-linked investment under one plan. It also offers the benefit of partial withdrawal of funds after the mandatory 5-year lock-in period for your various financial needs.

  • Pension Plans

Pension plans allow you to receive income during your retirement. Generally, you invest in the plan regularly and receive a regular income after retirement. These are some standard pension plans:

    1. Deferred Annuity Plans
    2. Immediate Annuity Plans
    3. Pension With Life Cover
  • Mutual Funds

A mutual fund allows you to invest your money in a fund created by a fund house. Several other investors also invest in the same fund managed by an experienced fund manager. These funds are then invested in marketable securities to earn returns. Here are some types of mutual funds:

    1. Equity Mutual Funds
    2. Debt Funds
    3. Liquid Funds
    4. Hybrid Funds

When buying a life insurance retirement plan, note that the life cover of the policy will secure your family in your absence. This makes your insurance provider’s claim settlement ratio an essential factor to consider. For instance, Tata AIA retirement plans offer a high claim settlement ratio of 98.53%.

Which Fund Or Plan Should You Choose?

Instead of choosing one retirement plan, diversify your income streams to build wealth. So investing in multiple assets that align with your financial capabilities is what is best for you.

Opt for retirement plans that offer maximum returns on your investment or allow you to save regularly over a long period while guaranteeing a steady income post-retirement. Also, make sure that you consider the inflation rate so that you can grow your wealth accordingly.

Generally, it would be best if you aimed to invest at least 20% of your income. As a business owner, your financial security is riskier than a regular salaried employee, so it’s best to start planning and investing sooner.

Conclusion

Most business owners don’t want to part with their businesses.  You may still want to be partially involved in your business management or operations. Even then, you should still consider planning for your retirement.

A good retirement plan will offer you a financial safety net regardless of how you spend your golden years. Furthermore, a retirement plan will support you and your family in any significant financial crisis.

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Technology

Romantic Movies To Watch And Cuddle Up To On A Movie Date

by Arnett Hailey on

How many heart-stopping, passionate kisses come to mind when you think of cinema’s most significant moments? Those tried-and-true, all-time classics remind us why romance movies are great. Therefore, while blockbuster superhero movies, comedies, and action movies all have their purposes, it’s time to turn to those romantic films that really get to the heart of the matter. There are many movies app that offer a wide range of romantic movies on their platform. You can browse through them and pick the right one for your mood. To make things simpler, here are the top romantic movies available online to enjoy on a movie night.

  • Laal Singh Chaddha

Laal Singh Chaddha is the official remake of the popular Hollywood film Forrest Gump with Tom Hanks as the lead. Recalling how much everyone adored Forrest and his straightforward ways. The film got remade in Bollywood, and Aamir Khan, who is portraying Forrest in this scene, certainly lived up to those expectations. While maintaining the basic plot, the story has been modified for the Indian audience. Kareena Kapoor Khan plays the female lead, and you can see the love blossom beautifully between the lead stars on screen.

  • Ek Ladki Ko Dekha To Aisa Laga

Sonam Kapoor consistently lands some of the most challenging parts in movies. Although there are many different romantic Bollywood films, I can guarantee you have never seen one quite like this. This film portrays love in its most unadulterated form by using a challenging and socially taboo subject as its central theme. Before the twist, the plot is almost a love triangle, and the audience is aware of the underlying message. This is a fascinating video to watch, and not just for entertainment. It is subtle and very truthfully portrayed.

  • Love Hostel

Love Hostel is set in Haryana and follows Ahmed Vikrant Massey and Jyoti Sanya Malhotra, a newlywed interfaith couple who seek refuge in a government-approved home. This facility provides secret housing to couples in similar situations who might be in danger of getting harmed by their communities.  However, a hitman named Dagar (Bobby Deol) is dispatched to kill them along the way. He is zealous in pursuing runaway couples who marry against the wishes of their families. You can watch the movie on the ZEE5 movies app.

  • Radhe Shyam

The multi-lingual love story, directed by Radha Krishna Kumar, is set in Europe in the 1970s. Prabhas plays a palmist, and Pooja Hegde plays a music instructor in the movie. Despite his best efforts, Vikram Aditya (Prabhas) falls in love with Dr. Prerana(Pooja) in the film. While he believes she has a long and prosperous future ahead of her, fate has other plans for the two of them. The narrative tries to make the point that no science is absolute or accurate and that there is always a slim but promising chance to alter one’s fate.

  • Ek Villain Returns

This Netflix film revolves around several important characters, in which a love-obsessed Bhairav (John Abraham) struggles to understand Rasika’s (Disha Patani) rejection. Singer Aarvi (Tara Sutaria) is mysteriously and sinisterly kidnapped from her home. There is a tonne of drama and action when her lover Gautam (Arjun Kapoor), who is held responsible for her abrupt disappearance, sets out to find her. The main question in the story is whether Gautam will be able to save the life of his ladylove.

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Travel

How to Select the Best Discount in Each Travel Category

by Arnett Hailey on

When arranging excursions, I’ve spent hours researching the best routes, times, and dates to obtain the most fantastic bargain for what I want. This is part of the enjoyment, although it can be time-consuming, which can pay off by saving money. If you want to travel on a budget, one of the most significant ways to save money is to take advantage of travel discounts when they become available. We’ve recently noticed fantastic offers as more individuals begin planning their spring and summer vacations. However, it might be difficult for newbies to understand how to take advantage of bargains. Being adaptable enough to take advantage of last-minute offers when they arise is part of the equation. The second element is understanding where to seek and how to determine whether offers are worthwhile. The best travel deals often involve a combination of flights, accommodation, and other services so check out websites like https://www.retailmenot.com/view/priceline.com for extra savings. If you’re flexible on where and when you go, you can often pick up a discount package that knocks thousands off the price of your trip. Here are some of the best tricks to cut costs while traveling.

Hotel Discounts

One of the best ways to save money is to book hotel rooms in advance. Planning can help you avoid costly last-minute hotel prices, whether you are traveling for business or pleasure.

Rates vary from one hotel to another depending on the time of year and occupancy rates. Hotels may raise their nightly rates during holidays or events like sports games and conventions.

Fortunately, you can easily compare hotel rates from multiple booking sites using an online price comparison service. These sites also offer rewards and loyalty programs, which can significantly affect the total cost of your hotel stay.

For instance, if you are loyal to a hotel brand, it’s smart to choose a co-branded card that offers rewards and benefits for that particular chain. On the other hand, if you’re less committed to a hotel chain, a general-spending card can give you better point earnings in various categories.

Car Rental Discounts

Car rentals are a convenient option for travelers who want more flexibility than public transit. But renting a car can be expensive, and knowing where to look for the best deals is essential.

There are many ways to save on car rentals, from discount codes to memberships in loyalty programs. But the best way to find a deal is through an aggregator that searches multiple sites and filters results in ways that fit your travel style.

A good rental aggregator will provide results for all top car rental companies. It will also let you filter by car type, total price range, and other criteria.

Flight Discounts

Many flight discount websites are available online to help you find a good deal on your next trip. These sites often have a great variety of options for booking flights, accommodation, and car rentals.

A common trick is to check out several different search engines before making a final decision. This is because some flight search tools will inflate prices as part of their deals, whereas others don’t.

Using Google Flights to compare the final price of a ticket is a great way to do this. You will also need to compare each airline’s websites to ensure that you are getting the best value for your money.

You can always get a better deal by flying on an off-peak day (usually Tuesdays, Wednesdays, or Saturdays) instead of the busiest days. This is particularly true of budget airlines, who generally have fares cheaper than their full-service counterparts these days.

Activities Discounts

A trip to Vegas or New York City can be expensive, but you can score some great deals for a fraction of the price. When it comes to snagging those sweet deals, you have to do your research! Numerous websites, many of which boast a multi-year membership, offer discount packages to the tune of hundreds and sometimes thousands of dollars. The most efficient way to narrow down the contenders is by checking out a few sites at once. The best part is that these four websites are constantly updating with the latest and greatest in various categories, ranging from hotels to attractions to restaurants.

Follow the appropriate accounts

There are also a number of Twitter accounts you can follow that share deals daily. These offers won’t be tailored to your unique home airport or bucket list destinations, but it’s not uncommon to come across some good deals from these accounts. Just keep in mind that sales, mistake fares, and other deals tend to sell out quickly — especially when shared with a broad audience — so you’ll need to book these deals quickly, or you’ll miss out.

Make your location flexible

Make your location and timing as flexible as feasible. This will be one of the most important aspects of minimizing your vacation expenditures. For example, the most significant sales will be for destinations that the airline and hotel need to fill or new routes they want to publicize. Although big savings on the most popular routes are doubtful, several important methods still exist to save money.

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Home

Small Terrace Design Ideas

by Arnett Hailey on

The terrace is part of your house design and you must not ignore its design. Many people do not pay attention to it since it is not a part of the interior design and leave it completely empty. However, you should avoid making this mistake and create a beautiful small terrace design. The terrace design not only impacts the kerb appeal but also increases the resale value of your home. There are many amazing terrace design ideas you can come up with to decorate the space and turn it into the ideal seating spot in your home. If you are not sure about how to decorate the space, here are a few small terrace design ideas you can consider:

Small Terrace Design Ideas

01 of 04 Create an open terrace design

Not everyone has a terrace overlooking a beautiful landscape view. If you have one, you should make the most of it. Your focus should be on creating a seating area without any barriers around it that can block the view. This can be easily done by choosing an open terrace design. It will allow you to enjoy your tea in the evening while watching the beautiful view in front of you. All you have to do is add a few chairs and a coffee table so that you can sit comfortably.

02 of 04 Create a beautiful garden on the terrace

Are you tired of being surrounded by concrete all the time in urban cities? It can be easily solved by surrounding yourself with plants. The best place to add plants to your home is the terrace. This is because it is completely open and allows them to get sufficient natural light. You can create a beautiful terrace garden and decorate the space. A garden on your terrace will help you feel closer to nature. You can add lots of different types of plants to accentuate the space. Many people even grow fruits, vegetables, and herbs so that they can consume them. Look for plants that will help to add many different colours and make the space more vibrant. The most common way of adding plants is by placing them in pots on the floor. However, you can choose to create a beautiful wall garden as well.

You must be careful while choosing the plants. Some plants require a lot of maintenance. If you do not have free time to take care of them, you should stick to low-maintenance plants only. There are plenty of low-maintenance options available in the market.

03 of 04 Add vibrаnt соlоurs for a budget-friendly terrace design

You may not have a big budget to decorate your small terrace. This does not mean you cannot make the space appear appealing. There are many simple and budget-friendly terrace decoration ideas available that you can choose for your terrace. One of the most popular options is adding various vibrant colours for an appealing look. The colours used on your terrace should never be ignored. They play a very crucial role in setting the mood and tone of the space. You can easily add many different colours to the space by introducing various items. For instance, a rug, tapestry, furniture upholstery, etc. can be used to make the space more colourful. Some people like to take things up a notch and create beautiful murals on the wall. If you have an artistic side, you can create one too. Or, you can pay someone to do it on the wall.

Just make sure that the different colours you are choosing complement each other. You do not want to put a few colours together randomly that do not appear appealing. It will diminish the appeal of your terrace design.

04 of 04 Select the right оutdооr furniture

The furniture you choose for a place has a huge influence on the overall look and functionality of the space. Therefore, you must carefully choose furniture for your terrace. The first thing that you should remember is that your furniture should not be for the home interior design. All furniture pieces cannot be placed outside as they will lose their charm and beauty very fast. Also, moisture can compromise the structural integrity of the furniture. Make sure that the furniture pieces you are choosing are durable and can last outdoors. They should be comfortable as well so that you can sit for long hours without feeling discomfort. Otherwise, you may experience back or neck pain.

Mostly, people choose furniture for the terrace of the house design that is similar to раtiо furniture. Look for wooden furniture pieces for seating and add a centre table and a few side tables around them. Opt for furniture that offers storage so that you can store a few essential items near your sitting area for easy access. Many people love choosing wiсker furniture pieces for the terrace. You can choose them as well since they blend into the rooftop design.

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Home

What Constitutes the ‘Best’ Home Security System for 2023?

by Arnett Hailey on

Run a quick internet search on the ‘best home security system’ for 2023 and you will find no shortage of results. The strange thing is that so many brands claim to offer the best systems. And of course, you can find all sorts of independent and not-so-independent reviews claiming that one system is better than all the rest. There is a problem, though: they cannot all be the best.

By definition, there can only be one ‘best’ of anything. So if you’re looking to install a high-quality home security system this year, don’t obsess over what other people consider the best. Take the time to figure out what you need and how much you can afford to spend. Then shop around accordingly. Also be sure to research any brands you are considering purchasing.

In terms of what might constitute the best system for you, here are some things to consider:

1. Smart Home Integration

Before smart homes were a thing, home security systems were standalone products. You can still buy a standalone home security system today, but you can also buy one that fully integrates with smart home technology. You will pay a little more to go this route. But depending on your needs, it might be a wise investment.

The Albany Times Union named Vivint one of the nation’s top home security providers back in October 2022. For the purposes of this post, the most important thing to know is that Vivint systems can be fully integrated for both security and smart home efficiency.

You can combine Vivint motion sensors and security with smart home devices like smart thermostats, smart lighting, and smart door locks. Their equipment even integrates with devices from Google and Amazon.

2. Technical Know-How

Today’s home security systems come in both wired and wireless flavors. Some are easier to install than others. Among wireless models, some are easier to get up and running. In light of all of this, it’s important to consider your own technical know-how before you make a decision.

If you are comfortable working with things like wireless networks and wi-fi routers, a wireless DIY system might be right up your alley. But if you are the type of person who stares blankly at a smart thermostat because you don’t know where to begin the programming process, you might be better off opting for a professionally installed security system.

3. How You Want to Handle Monitoring

A home security system is only as effective as the monitoring behind it. These days, nearly all home security systems are monitored. The only question is who does the actual monitoring: you or a professional monitoring team in a remote location.

Professional monitoring allows you to arm your system and forget about it. Your service provider keeps an eye on things 24/7. Should you choose to monitor yourself, you always need to remain cognizant of notifications on your phone, in your email inbox, or both.

4. Buying or Leasing Equipment

One last thing to consider is whether you will buy the equipment. When it comes to DIY systems, you are definitely going to buy and own the equipment yourself. In terms of professional systems though, it is a mixed bag. Some providers may force you to lease equipment from them. Others might give you the option to lease or buy.

Finding the best home security system for you is more about understanding your needs than implicitly trusting online reviews. The reviews are helpful, but what is best for you may not be what’s best for someone else. Just remember that.

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Home

How to Find the Best Home Security Cameras on the Market

by Arnett Hailey on

Home security cameras come in all shapes and sizes. From the smallest, cheapest hidden video cams to the most expensive wall-mounted cameras for industrial use, there is something for everyone. How do you find the best home security cameras for your needs? How do you break through all the marketing fog to find what really is your best option?

The proliferation of home security equipment over the last 5 to 10 years has been both good and bad. It has been good in the sense that more brands mean more devices, and more devices mean more choices for consumers. But it’s bad in the sense that consumers can feel overwhelmed with too many options.

As someone who has spent years writing about home security, here are my recommendations for finding the best cameras for your needs:

Start With Professional Reviews

Arguably the best place to start are professional reviews published by organizations like CNET and Consumer Reports. Professional reviews are written by people considered experts in the field. In the case of something like Consumer Reports, reviewed products are actually tested prior to writing. You are not getting a generic review from someone who has only read marketing literature.

One of the keys to finding the best home security cameras is being able to compare one product with another. So when digging around for professional reviews, home in on those that offer product comparisons.

Read Industry Guides

Another good source of information are industry guides. These might be published by security industry trade groups, distributors, installation providers, or the brands themselves. They are a wealth of information in terms of things like product specs and features.

You can find a great example of an industry guide on the SF Gate website. It is a guide to home security cameras sold by Vivint. It doesn’t discuss competing products, but at least you get a full dose of product information from Vivint.

Read Customer Reviews

Professional reviews and industry guides can tell you what you need to know from a technical and marketing aspect. But if you want to know what actual consumers think about a particular brand or product, the best place to look are customer reviews. You can find them all over the internet.

The one thing to remember with customer reviews is that they are entirely subjective. They are based solely on consumer experiences which, as you probably know, may not be indicative of what a product or brand is truly like. The point is to take consumer reviews with a grain of salt.

Talk to Friends and Family Members

Finally, your search for the best home security cameras could lead you to friends and family members who already have security systems installed in their homes. They could very well be your best source of information for the simple fact that they have firsthand knowledge.

Ask them what they think of their equipment. Ask them about their brand impressions, their thoughts on system features, whether they think they paid a fair price, and so forth. You will learn pretty quickly the brands you should stay away from as well as those you should look into.

Here is one final piece of wisdom: do not get caught up in the idea that there is an absolute best home security camera. ‘Best’ is a relative term. Your goal is to find high-quality equipment that does what you need it to do, day in and day out. If you can find it at a price point you can afford, you’re golden.

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Business

5 Reasons to Invest in a CNC Machine

by Arnett Hailey on

CNC machines basically offer pinpoint-accurate services for various materials. That is why these machines remain invaluable for most fabrication businesses.

But that doesn’t mean home artisans, makers, and crafters can’t enjoy the benefits that come with CNC machines.

Although a full-sized machine is indeed quite costly when it is still new, a used one can be affordable for individual creators and small shops. But whether new or used, the following are reasons to invest in the best CNC machine:

1.     Deliver Improved Designs

A CNC machine may consistently deliver complex designs. These designs are much easier to achieve as a CNC machine can break down actions into a more logical workflow.

In addition, a multifunction CNC may handle the end-to-end manufacturing process to ensure the designs remain consistent. Not to mention, the unification in the system doesn’t leave any scope for deviations.

2.     Automation

A CNC machine is basically computer-controlled automated equipment. This means it is integrated with technological solutions, such as Easel CNC software, to carry out projects while you concentrate on other work.

They may also carry out repeated designs with accuracy, efficiency, and ease. Plus, it may complete projects overnight. That is because CNC machines provide 24/7 production ability with minimal supervision.

3.     Easy to Use and Learn

Beginners and hobbyists can find learning modern technological advancement overwhelming. But software has become user-friendly, and learning programming and G-code has become less challenging.

With basic technical knowledge of drawing, manual machining experience, and math/computer abilities, CNC programming is simple.

You may start creating 2D-CAM programs and G-codes within one week. However, complex topics, such as CAM/CAD programming, may take several months to master.

Well, CNC machines, including smaller pieces of equipment, are made to be simple to operate and learn. Excellent courses and tutorials can teach you how to handle modern CNC machines successfully.

4.     Greater Accuracy and Zero Defects

Since CNC machines operate autonomously and without manual intervention, they are able to bypass human errors that can be seen during the manufacturing process.

With software programs and codes governing the entire process, CNC machines will deliver greater accuracy without errors.

Not to mention, those inputs remain immutable during the production process unless they are deliberately changed. This helps to maintain consistency when it comes to the final product. In addition, CNC machines may operate longer without breaks and without compromising the products’ quality.

5.     Improved Safety

Similar to everything in life, people also make mistakes. In factory settings, these mistakes may, at times, be dangerous or expensive.

A CNC’s enhanced safety is a great benefit of using the machine. That is because the machine is computer-controlled, enabling it to carry out tasks more precisely.

In addition, CNC machines come with some safety features. These features help to ensure both bystanders and operators are protected.

Closing Remarks!

Technically, investing in a CNC machine means a lot to your business. You will be relying on your machine for safety, productivity, efficiency, and task completion. This is why you should research before investing in the right CNC machine.

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