Author Archives: Gerald Trevino

About Gerald Trevino

At OB Finance Inc. we understand the complexity of finance and we do our best to break it down, to a more understandable level. We write new articles on a daily basis to ensure that our readers are treated to a number of informative articles every day. Take some time off your busy schedule and ensure that you are well informed.

The Process of Applying for Payday Loans

By   2018-05-19

Payday loans are loans that people apply for if they need a quick cash injection before their next paychecks. The primary purpose of payday loans is to cater for small emergencies that might find you on an unprepared financial footing. Typically, payday loans come with slightly high interests because of their sole purpose. Payday lenders are the ones who cater for the disbursement of such loans. These are companies that usually offer other suitable financial services like currency exchanges, license processing, utility bill processing among other services. Despite their high interests, these loans are normally short-term and should be repaid within a short period.

How does one apply for payday loans, what is the process?

Visit a Suitable Payday Lender

Payday lenders usually have their branches in all or most of the common cities in a country. You can enquire to get to know the best lenders thatpayday loan money offer such loans at slightly lower interests. If your region lucks a payday lender near you, you can opt for online payday lenders that have included all their services online, so that you don’t miss a step when repaying the loan to risk you in incurring extra charges. Some lenders carry out the business strictly online. These are the best ones to opt for.

Good Understanding

There are other different types of loans, but payday loans are a bit unique. An important point to know about these loans is that they include no bank applications. Their application only includes your legal name, contact information, banking and employment information alone. You can also be asked to present some additional contacts of your friends and family to help in easy tracking in case you default from paying back the loan.

Write Check for the Required Amount

After presenting your contact information, the lender will offer you a check to write the amount you need and the convenient time for The amount is usually not tremendous because of the loan purpose and application process. After indicating the amount required, the lender will calculate the rates applied according to the period the loan is to be repaid. He/she will also notify you of the extra charges to be applied in case you fail to repay the loan within the required time.

Cash Deposit and Roll-Over

After all the details are filled correctly, the lender then deposits the amount to your account or gives you a check for the amount. If the check fails to be cashed because of possible financial constraints, you will have the opportunity to roll-over the amount to another term although you’ll incur an extra charge.

Essential Personal Finance Management Tips

By   2017-07-29

Management of personal finance is considered to be a hard nut to crack for most people. If you fall into this category, this article will be resourceful in helping you manage your finances well. Listed below are some tips that will help you manage your finances.

Personal finance tips

Define your goal

Good personal financial management starts with sDfASDfcSdsetting your goals. Money influences almost every aspect of life. As such, you have to know what you want in life so that you can balance the cash you earn and your expenditure. When defining your goals ensure you list the short term and long-term goals. Besides, it is key to prioritize your goals. This will help you allocate cash where necessary and help you curb poor spending. For instance, if you would wish to have an early retirement, you need to start saving early.

Have a plan

After setting your goals, the next thing to do is to have a plan. It is this plan that will help you realize your goals. An important thing to do when setting up a personal financial plan is working with a budget. In this, you factor in your goals, expected expenses, and assign them some priorities.

Stick to your budget

Personal financial management is a discipline you learn over time. One of the ways to help you manage your finances is to have a budget and stick to it. You ought to plan before spending. Additionally, you can install a budgeting software on your phone. A budget will inform you on where to channel money and where not to. It helps you track your expenditure. More to this with a budget, the chances of spending more than you earn are reduced.

Avoid debts

sfdvsDsZDfDebts will certainly hinder you from achieving your financial goals. If you have debts, it is high time you start thinking of how to settle these debts. Some of the ways to help you achieve this easily is by allocating less money to your goals and more to debt repayment. Additionally, you can look for an extra source of income. Once you have repaid your debts, make deliberate efforts to stay out of debt.

Seek financial advice

If you want to grow financially, it is of the essence to consult a financial management expert like Caleb Dozzi or people you consider good in this area. You can also consider enrolling in a personal financial management class. With this, you will be equipped with investment options available and options that would work best for you. Additionally, they will help you solve some of your financial management challenges.

Reminders when trading online

By   2017-02-01

When it comes to trading online, it’s not always about how hard you put your efforts in the business. But all about working smart and knowing exactly what to do. Online trading might seem difficult sometimes because we usually are not aware of the basic success tips to implement.

With the current trends and advancements in technology, online trading has taken the course, and almost all business people trade online. Besides knowing what to do as an online trader, you also have to have the knowledge and skills of working and putting the success tips into practice.

 Choose your trading style carefully

The trading style is what will determine your success because it is a guide on how you will operate entirely. It is always good to think critically, and if possible, consult trading professionals before falling for any particular style. The styles may include day trading, where you work and close out every trade at the end of the day. Or short term trading, where you can only trade several days at a time, trade weekly or do it on a monthly basis. Always choose what will work best for you before you start any trade. This will help you avoid the hustle of changing styles every time after you begin trading.

Ensure the trading style you choose matches your lifestyle

2222kjuWhen you choose day trading as your style, then it means that you will have to spend many hours on your computer at a time. If you are a person with so many engagements in a day, then this style might not work for you. Therefore it is important that you choose a trading style that will fit your lifestyle. Long term trading doesn’t need so much time for short term trading. When the time frame is short, then the trading will be more intense.

 Associate with successful online traders

The secret of success is to always associate with other successful people in your field. Successful traders have a great experience in online trading. When you associate with them, they will help you know how to deal with challenges, and they can also be among your best trading sources.

 Invest in a good online stock trading education

Many online traders fail because they lack basic information on how to best manage their trade. You may end up losing a lot of money and accruing losses for lack of information. Or worse, you may even fall in the hands of scammers. Check out and know how you can avoid scams.

3333lkjhAdditionally, you should take the time to get some basic education. It might be a little costly, but it would be extremely helpful.The above tips when keenly observed will help you be a very successful online trader. So try them today!!

Personal Finance Tips For Freelancers

By   2017-01-23

An individual to shut his or her eyes and hope that his or finances will sort out themselves is not an excuse since it is fair and bold decision on life to earn a living from your talent. One will be required to attend to every aspect of one’s business to ensure that it is an operation which is sustainable and not the creative department only. For freelancers are like an individual is running or operating his or her business. According to Hello Bonsai there are certain tips that have to be adopted by the freelance for their personal finance. The following are some of the personal finance tips that every freelancer should know:

Best tips

One should not bury his head in the sand

kjjkkjjkjkjkjkThe majority of artists do not like thinking about their finances since they would have enrolled in a school for accounting and might be earning a six figure income instead of deciding between paying rent and cloud subscription which is creative. There is the existence of certain perception on surrounding talk of individual’s finances especially the inwards details and not social realities relating to past financial mistakes.

It is contributed partly by the misconception that people who are artists as thinkers who are bright and cannot be inconvenienced with the linear left brain difficulties of personal finance. One will be required to get over the mental problems experienced as a freelancer. It is one’s duty as a freelancer to manage his or her finances without excuses.

Ups and downs should be planned

An individual can earn immensely various amounts on a monthly basis depending on the total number of works that come one’s way. One’s earning will probably never change even as an individual’s earnings grow generally. A person as a freelancer should be able to accept the months which are slower and plan for other months by getting a realistic sense of one’s average income. A person should average the years she or he has worked as a freelancer and establish the numbers. The baseline of one’s budget is gotten from the substantial number determined as the average monthly income.

Taxes should be budgeted

jhhjhjhjhjjhjhjhThe majority of the workers usually get their taxes ducted from their paycheck before them seeing it. It is essential for one to be paid what he or she has worked for and the extra budgeting will not be required.

One should pay the government of the day its due at the end of each financial year as a freelancer. The 20% of each paycheck should be deposited in a separate fund is the easiest way for an individual to budget for taxes.

How To Prevent Water Damage In Home

By   2017-01-06

Water damage is a common problem experienced in many homes. It comes when least expected, and its effects can be heartbreaking. Those who have never experienced the advance effects of water damage may think that this is a small issue. The truth is that this is a big problem that can cause a lot of property loss to anyone. This article explores some of the steps that you can take to ensure you put water damage problem under control.

Inspect your water pipes on daily basis

One of the major cause of water damage in most homes is the bursting of pipes. So to preventing them from
bursting, it is advisable that you inspect them on a daily basis. In this way, you can tell when there is a potential danger and therefore rectify it before it is too late.

Check the cracks along the foundation

Cracks found on the roof and walls are in most cases the way that the flooding water can seep into your house and cause a lot of damage. So to ensure that you are safe from floods originating from these sources, you need to make sure that they are eliminated. You can use a trowel and tar to make sure that they are covered. After covering them, you need to ensure no water can pass through them. This can be done by spraying them with a hose to just to be sure no water passes through them.

Regularly clean the downspouts and gutters

Another common way that water damage occurs is by the gutters and downspouts blocking. When they get blocked, water overflows and therefore causing floods. So to prevent such situations from ever taking place, you need to make sure that your gutters and downspout are regularly under inspection to ensure that they are always clear. You should make use of your water hose to eliminate any excess debris and also ensure that water is passing through well.

Identify a water damage restoration company

Sometimes the water damage may strike even after putting into consideration all the necessary measures. Under such situations, there is no one to blame, and the best thing to do is to focus on how to reverse the situation. Professional water restoration companies can help you to resolve the mess in a matter of minutes effectively. They have all the equipment and skills that will help the do a perfect job.
Be sure to find a certified company that is well experienced in this field. That way, the security of your property will be guaranteed. Check out water damage las vegas for perfect services that give back the value of your cash.

Achieving A Successful Car Buying Process

By   2016-11-13

The process of buying your first car is very exciting. This wonderful feeling coupled by the urgency to spend money as well as making an informed decision contributes to the rushing process when buying a car. However, there is something which could lessen that enthusiasm of being a first time car buyer. This is the selection process of your first car.

Following a strategic approach

Most people are worried by the decision they make when it comes to buying of a new car. You should neither get worried nor get anxious. You should rather follow a strategic approach which will make the buying process a success. The following steps should be taken into account when purchasing your first car.

Defining the car’s purpose

A car is very critical since it defines your profession and personality. For instance, a working woman would preferably go for a sedan or hatchback than a pickup. You should also look for the intended purpose which the car will fulfill. You should decide on your favourite car model and calculate the distance that you would have to travel daily. This is very critical as it helps one to choose a car that is economical and fuel-efficient. Once you settle on the type of car that you want, consider other important car features. Also remember that more features results to higher prices.

Financing process

It is a very important step in the car buying process. You should decide and stick to your budget. Another aspect is the allocation of down payment when purchasing a new car. Find the most appropriate ways of saving money to be used as a down payment. Take care not to compromise your needs. You may also consider getting an approved auto loan. It is the best method in the car financing process.

Cost of ownership

The car ownership cost is dependent on certain factors such as the car manufacturer, car model, and the engine type. Fuel –efficient cars are the best as they help to minimize the fuel cost. Also remember the car’s resale value. Choose a car which will provide you with the highest resale value. Also, consider the maintenance cost of the car. The car selected should have a low maintenance cost.

Visiting the dealership lot

You should visit the dealership lot to examine the condition of the car. Talking to the dealer executive helps to clear any doubt you could be having. Get to know all the hidden costs or charges and understand the various terms and conditions.

Common Inheritance Problems

By   2016-10-29

Conflicts are brought up when death occurs in a family. The conflicts arise when some people feel that the will was unfair to them since they got something little than what they expected. Often this leads to unnecessary inheritance fights among the heirs making the inheritance process to be very complex than anyone had hoped. Here are some of the complex family situations which makes the inheritance process very difficult.

Rivalry amongst siblings

In case the parents die, tension arises between siblings. This is very common in those cases where the siblings were not close. But the same might happen even where the relationship is good as some individual are hurt by feeling as the inheritance is being distributed. Often the past wrong doings among the siblings contributes to more bitter rifts.

Sometimes when siblings are contributing the funeral cost some end up raising more since the rest may be unable to contribute.Such individuals who have contributed more often feel that they should be given the lion’s share when it comes to the distribution of the various properties. They feel that they deserve more. To avoid these wrangles from happening a family might consider hiring a fiduciary as a trustee.This helps in keeping everything equal.

Different socio-economic backgrounds

Most of the times, we have heirs coming from different socio-economic backgrounds. The ones in more need feel that they should be prioritized when the wealth is being distributed. This leads to more conflicts when the one having a more substantial means fails to understand the situation.

Even the most well-up families are unable to survive these complexities associated with financial inheritance. You will find out that the wealthier heirs prefer to keep some valuable properties like a house while their counterparts might opt to sell such properties for quick cash.

Mental illness or dependency

When one of the beneficiaries suffers from mental illness or dependency, this often leads to lots of strife. In case it was caused by substance abuse, some provisions are set which require the affected person to be sober and clean for a certain period to receive his/her claim. For mental illness, the beneficiary has to be qualified for getting government assistance. Once qualified, the beneficiary can now receive trust disbursements.

Elder abuse

Sometimes the car taker might influence the elderly person to do some things. It is therefore very important for the family members to be involved in the care and if possible it should be done in equal measures. This helps in avoiding any undue influence from the caretaker.


Divorce and marriage are always very complex. Questions might arise when one of the heirs decides to get married later in life after divorcing the first wife. It becomes very tricky on who should be the heir. Most of the heirs often resent to the spouses married in their late life.