Money problems can be a major issue in a marriage; in fact, this is known as a leading cause of divorce. Even so, with the consequences of the recent financial crisis, inflation and the higher cost of living, you may be working till your blue in the face, and still, may only be putting food on the table. Just where are you supposed to come up with the extra funds needed for a minor emergency? A car repair? Or even, just a weekend away from the pressure of it all? These small financial pressures can cause tension in your marriage, causing you to never have enough time for each other, never spending those romantic moments together, and eventually leaving both of you with nothing but recriminations, resentment and a constant feeling of despair and fatigue.

personal loan

While there may always continue to be financial issues and pressures in your life, there is something you can do about the little financial details. You can come up with the money for those minor household emergencies, the latest car repair bill or even find that little extra to get away from it all, if for just one weekend. The solution is a short-term personal loan.

How Much Are these Loans For?

The loan amounts will vary depending on the personal loan lending company you use, but generally, they range from a few hundred dollars to a thousand or two. The amount you are authorized for depends on your application verification and your income level. While this may not affect long term financial issues you may have with your spouse, it can certainly ease the tensions that arise from a minor emergency like a car break down, school special event fees or any other immediate financial need you are unprepared for.

Even when you aren’t affected by a minor emergency, but in situations where money is tightly budgeted, this type of loan can be beneficial in easing your marriage tensions. With a small short-term loan you can afford to take your spouse out, if at least for a night or a weekend. This offers you a little romance, and some one-on-one time that isn’t influenced by money, household or child issues.

When Does the Loan Need to be Repaid?

As mentioned before, these are short term loans, often with repayment terms of two to four weeks; meaning they need to be repaid in full at the end of this time period, otherwise you will end up paying penalties and higher interest rates. Nevertheless, this type of loan can get you out of a jam, or allow you to give your spouse the gift of romance every once in a while.

Bottom Line

While a short-term personal loan may not solve long-term financial issues in a marriage, it can show your spouse that you care and are doing your best in solving the minor financial issues that arise. Sometimes, in a marriage, it’s more about demonstrating your intentions, rather than solving it all. You can’t, after all, solve the world’s financial issues; but you can help ease the financial crisis at home (at least for a little while).

Written by Peter Coppola, an independent researcher and financial expert. He enjoys sharing his tips and insights on various personal finance blogs. Learn more about personal loans at

Jackpot City has announced plans that have approved the development of over a dozen casino complexes in the UK.

The move would be the biggest expansion of the UK gambling industry in years and could potentially generate £250 million annually to be put back into the UK economy.

jackpot city

Although plans to expand the industry in the UK have been discussed previously, plans for the casino complexes did not come into fruition. Under Tony Blair’s government discussions were held about the construction of a super-casino not unlike those seen in places like Las Vegas where the casinos play an integral role in attracting tourists who can take advantage of the 1250 slot machines, huge jackpots and adjoining hotels.

This plan was scrapped when Gordon Brown came into power but permission was granted to construct a smaller amount of casinos.
The UK had hope to benefit from the success of the casinos as seen in other popular casino destination such as regeneration, new jobs and an increase in tourism to name a few.

Following the agreement of the Gambling Act 2005 8 large casinos were built and similar developments are underway in Middlesbrough, Leeds, Hull, Southampton and Solihull.

Five authorities have also been given approval to house ‘small casinos’ although the so-called ‘small’ casinos will still have 45 tables, 80 fruit machines and prize money of up to £4000.

Should the projects prove successful there is potential that the scheme could be expanded to other areas, particularly those in need of regeneration.

The popularity of real life casinos coincides with the increase of gaming enthusiasts enjoying slots and other online casino games. Both forms of gambling have had a positive effect on the economy by creating jobs, regenerating areas suffering from the effects of the recession and putting some much needed revenue back into the economy.

How Important is Your Business’s Credit Profile? – It May Be More Important than You Think

Your business credit profile is your business calling card to potential associates or clients. It works similarly to the way a “resume” works for employees (putting their best face forward to possible employers). Your business profile contains critical information that helps businesses make a more informed decision as to your business worthiness; and they base decisions like entering a business agreement with you, funding a project you have, or recommending your services to other companies on this profile.

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In the financial industry, we all piggyback on each other. Most of us listen to the market predictions and “how-to” information of others. Most investors and traders follow and pay attention to other investors – my list includes the likes of Jim Rogers, Jack Welch (who has a deep understanding of the economy), Jeremy Grantham, etc. So how does one determine which people to follow and pay attention to?

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Most Frequent Market Biase

November 4, 2012 — 1 Comment
  1. Confirmation bias – hearing what we want to hear.
  2. Overly optimistic – majority of humans are optimists. Like Andy Grove (Intel CEO) said, only the paranoid and skeptic survive.
  3. Dislike of losses – people hate losing. Period. And when the majority of people face a loss, they become paralyzed – a good investor would never do such a thing.
  4. Crowd mentality – humans have a tendency to follow the crowd. Never do that, especially in a bear market when only contrarian investors make money.
  5. Recent memory – the average person’s memory is short lived. This is very fatal in the markets.

Too many investors and traders fail because they focus on an all or nothing, 1 trade-become-rich strategy. Instead, what they should be doing is choose the trades when the odds are in your favour, swing your bat, and if that doesn’t work, move on.

To see Part 1 and Part 2 of Warren Buffett’s investment strategy, click here and here respectively.

Third Stage – (1990 – present) (60 years old – present)

By the early 1990s, Buffett and Munger faced 2 big problems:

  1. Their size was too large, meaning that they now owned many companies (logistics became very difficult to organize). Thus, a KEY CONCEPT came out of this – Buffett believes in non-diversification – instead of spreading your eggs among many baskets, put all your eggs in that one basket and guard it.
  2. The turbulent times means that stocks in the next 20 years won’t repeat what happened in the past 20 years.

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To see Part 1 of Warren Buffett’s investment strategy, click here.

Second Stage – Growth (1972 – 1989) (age 42 – 59)

  1. It’s in this stage that Buffett discards Graham’s value investing and “evolves”.
  2. In 1969, Buffett read Fisher’s book about investing not in undervalued companies, but in growth companies.
  3. Basic concept: instead of before where we bought an undervalued company (e.g. 60 cents on the dollar) and spent a lot of time to fix it up, now you should buy a “growth” stock that’s overvalued, but this is good because the company’s good management ensures it will grow in the future, which means you spend less time focusing on the company.
  4. This strategy was especially suited for the time (1970s and 80s), because there were no undervalued stocks left and it was the great age of growth stocks: Nifty Fifty e.g. McDonalds, Nike, Coca-Cola, etc.

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Some people classify Warren Buffett’s investment stages based upon company’s organizational forms and business models. Based upon this classification, Warren Buffett’s first stage was when he had a partnership in the 1950s and 1960s. His second stage would be in the 1980s and 1990s, where he used his company Berkshire Hathaway as his investment vehicle.

However, it would be more accurate to divide Buffett’s investment stages based on the evolution of his investment philosophy.

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Here’s an honest account from hedge fund manager Whitney Tilson as to how to get a job at a hedge fund. No BS, straight and simple.

  1. “Don’t send me your resume. It’s useless. Everyone has one, and it’s basically just a scripted speech for the HR guys.” Unlike many other industries where the resume is key and it’s all scripted (e.g. you must say that you’re a team player, switching jobs to challenge yourself, etc), the hedge fund industry is brutally honest and can’t stand the standard, HR crap.

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