British Gold Coins and Capital Gains Tax

British Gold Sovereign Coin
The British Sovereign is one of the most widely traded gold coins in the World. Besides the intrinsic gold value that these coins hold, their appeal stretches beyond their weight in gold due to exemption from capital gains tax. The Full Sovereign weighs 7.9g, with the Half Sovereign weighing 3.9g, and the much more recent Quarter Sovereign weighing 1.9g. All Sovereigns are struck in .916 2/3 fineness, more commonly known as 22ct, and have been Minted by either the Royal Mint in London, or a royally sanctioned Mint in Australia, India, Canada or South America. Regardless of the country in which these coin have been minted, they all carry the British Design, and therefore remain legal tender, with a nominal value of one pound sterling. Needless to say the market value of these coins as an investment is significantly higher than their £1 face value.

Crisis in Europe - Austerity Vs Growth: Is There Really a Choice?

Well I'm sure you've already worked it out yourself but you just can't avoid that question, nowhere to hide and nowhere to run. We are pouring fortunes we don't have into trying to keep several countries afloat in Europe while at the same time suffering all the pains of cut backs.

One of the big problems is that a sizeable portion of the general public don't seem to realise that austerity isn't a political doctrine or a strategy; unfortunately it's a fact of life. Given that there isn't any money left in the bank it seems pointless endlessly discussing how we should spend what we haven't got. France and Greece have now both elected political parties who espouse a "go for growth" policy, but however popular it may be with their electorate there's a huge problem with this political dogma. The elephant in the room being the fact that we haven't got the money to invest, it just isn't possible for everyone to borrow the money to give it a go. 

Teaching Kids Financial Responsibility

When you begin at an early age to teach your kids the value of money and the importance of financial responsibility, you are fostering a healthy development that will help them in their future endeavors. It's more important than ever to teach your teen how to be credit card savvy in today's economy. Good credit means a lot and helping your child understand this at a young age will prepare them for when they go off on their own. Here are some tips on how to reveal the importance of financial responsibility and encourage good credit card habits.

Tip 1- Start talking to your teen about what it means to live in the constraints of their financial realities. Discuss the difference between needs and wants since many teens feel the need for instant gratification. Explain that it's more important to live within your means and earn what you spend, as that is the reality for most American families.

Money Myth No.2: The Ultimate Goal Is More Money

The ultimate goal is not more money; the ultimate goal is more influence. Money is just one of the ways for us to get to a place of influence. Money is simply the vehicle - an important one, yes - but a vehicle nonetheless, not the destination itself. The goal is to use the wealth we gain to increase purchasing power, so that we may effectively impact and change the lives of those with whom we come into contact.

The Bible says "money answers all things". (Eccl 10:19) It answers problems. It provides solutions to things that plague our world. So, what you're after is the solution, not the money! Why is that important? It's important because it encourages us to spend our lives looking for problems to solve. Don't wake up every morning chasing dollars. Wake up every morning with the desire to uncover problems! Ask God to show you where you can be of help, where you can be of service. How you can make a difference? When you do that, then you are motivated to earn more money, motivated to create, to take action, to do what's necessary to gain wealth because you have a higher purpose for it.

Money Myth No1: It's How Much You Keep

Have you ever heard it said, "It's not how much you make, it's how much you keep"? I hear people say it all the time - especially bankers, financial planners and counselors. I disagree, though. It's not how much you make or how much you keep, it's how you use what you have.

The most important lesson I've learned about money is this: respect God's provision. God is expecting you to honor Him and all He's given you. He has given you the power to acquire wealth, and like anything else, if you are careless with that wealth, and choose not to respect it, He will allow it to be taken from you, or "devoured" by the enemy. (Mal 3:11)

So, here's how you honor and respect God's provision:

Why You Need To Understand Bank Exchange Rates

In an increasingly global market place, particularly in Australia where the bulk of goods we consume come from overseas imports it has become important to understand Bank Exchange Rates and how they are calculated.

The strong Aussie dollar - near record highs - has seen the majority of Australians now buying their goods from overseas usually over the internet. The reason for this is usually two fold and comes down to ease and more competitive prices. Personally, I have traveled the world and have seen the prices paid for basic and non basic items and became somewhat disillusioned with the poor service and prices we receive in outlets across Australia. Without harping on too much, it is important to understand how the bank's come up with this rate and what you can do to achieve the best possible rate.

Take Steps to Help Plan for Your Retirement

Planning for retirement entails setting up a financial plan that acts as a guide or budget to aid you in saving. Such a plan helps keep in check your spending habits as well as set financial goals that will go a long way in ensuring your financial comfortably later on. The importance of a retirement plan is to ensure you have a substantial amount set aside to cater for your needs. Such a plan incorporates prioritised spending, ascertain income received as well as take into consideration factors like inflation, economic depression and boom.

It is crucial to start saving for retirement after securing employment. Time is of the essence hence the more time you spend in saving, you get to enjoy the compound interest compounded over the long duration. When retirement approaches, ensure you clear your debts to reduce the expenses existent in your retirement period. Having comprehensive expenditure records will aid you in planning hence should be kept safely throughout. Planning for retirement does not come to an end upon your retirement. 

A Coin Buyer Will Give You Your Money's Worth

Finding a coin buyer to exchange your valuable loose change is something that can be extremely beneficial to you. You may not believe this at the onset, but if you look at the advantages, you may change your mind. The important thing to remember, however, is that you must find someone who is reliable and trustworthy. Don't think that you can just go to anyone and get the value that you desire. The best way to get what you truly deserve is to go to a professional. While you may think that going to one of these businesses is a waste of your time and that you would be better off keeping your coins, there are several reasons why you should look into the option of exchanging them.

One of the first reasons that you should look into dealing with a coin buyer is if you have too many coins in the first place. Just think about it. It's one thing to have a few, but to have a bucket full or garbage bags full of change that is a century old or is no longer in circulation in any country is another story. 

A Trailer for Your Nature Trips

The lifestyle of today is far different than so many years ago. With technology and modernity comes high rise buildings, concrete roads, subdivisions and many more structures to accommodate human needs. Before, you would see trees and enjoy nature almost everywhere you go. Today, we hardly see trees in the city. We have made our earth adjust to the advancements that are more convenient for us. Because of this, going to a place where there is almost no sign of civilization, somewhere you can enjoy the sunset by the sea or mountains is such a treat. So modern people like us look forward to time out of the stressful life. Thanks to cars and other forms of transportation, we can easily go to places where we can bask in the beauty of nature.

Bringing your own car is the best form of transportation when going to state parks and camping sites. Of course, you will have to bring a lot of your stuff.