Posted by Money Tips Staff

The day your teenager is finally granted a driver’s license or purchases their first car is one of the proudest in a parent’s life.  It shows that your child is growing up, that they are being granted one of the privileges of adulthood.  It also means one thing you and your teen may forget as they jump into the car to race over to the mall to meet their friends:  responsibility.  It has probably occurred to you that buying car insurance for your new driver will be a nightmare.  Here are some strategies to save money that will help you both out.

Shop around for the best bargain you can get, because even though your record may be clean, rates for teenagers may vary from company to company and are probably higher.  Ask for discounts from two or three other insurance companies outside your own.  Make sure to ask for a quote for adding your child to your existing policy versus purchasing them a policy of their own.  Free car insurance quotes will benefit you in your quest for savings.

You will probably find that it is cheaper to just add your teen to your already existing policy.  You can save some money by finding a company that allows you to assign specific drivers for each car, rather than assuming that everyone under the policy drives all cars available.  This will allow you to assign your child to the least expensive car.

When looking for a car for your new driver, consider one that is a little less interesting or not quite as flashy, like a sedan with a few years on it that may prevent theft or your child from hot-rodding.  One with extra safety features might qualify you for extra discounts.

Encourage your child to maintain or increase their grade point average.  Good grades show insurance companies that your teenager is responsible.  Keep their report cards, because you will have to show regular records that reflect a high GPA, which is usually a B average.

Additional driver’s education also shows insurance companies that your teen, now with more education than their peers, will show more potential for responsible driving.  As an added benefit, you as a parent are granted the peace of mind that your child has more experience and tutoring under their (safety) belt.  You may also be able to find additional driver’s training classes offered online.

Your teen might qualify for discounts if they maintain a low amount of mileage than the average driver.  This option is especially viable if your child only drives to work or to school.

The cheapest option you can embrace is to encourage your child to drive safely.  Reckless driving that leads to tickets or even accidents can raise your premium as well as endanger your teenager’s life, or the lives of other people.  If they do pick up a ticket, encourage them to deal with immediately.  Some states offer the option of attending traffic school to forgive tickets.  This is not a get-out-of-jail-free card, however; stress to them that reckless driving could end their life.

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So what exactly is Spread Betting?

Posted by Emma Barnes

So you have to as yourself what is spread betting? Spread Betting is a kind of betting done on the outcome of any event which is about to take place or the change which is scheduled to happen. Against the occurrence, a proposed position, which is called the spread, will be offered outside the stated outcome. Most probably better spread would be a bet, more or less than the actual spread offered. It involves great risk.

The better wins in the sort of points is in accordance to the difference between purchase and selling price. For instance, take an example of stock exchange. If the share price is 100p and the spread offered is 97-103p. A better would assume that the price would shift the either way- outside or inside. So, if one sells these stocks at the price of 10p per movement and the stock falls to 95p, then the better would win 20 points. Similarly, the better would win 30 points if the stock falls to 94p. Also, one could buy the stock in a converse manner.

Spread Betting has become one of the major growth markets, especially in the UK. Almost millions are involved in Spread Betting. It allows one to predict what the financial market will be doing next. It can be profitable but also great loss can also be faced. As more market runs according to one’s favorable conditions, chances of winning increase and as more markets run against one’s bet, chances of losing increase resulting in great loss.

Spread Betting can be divided into two main types:

• Financial Spread Betting
• Sports Spread Betting

Financial Spread Betting is an alternative to conventional betting where one predicts whether the market will go up or down. This can be analyzed by the current market conditions and the factors affecting it like money. This can be a great source of attraction for the traders trading in shares, currencies, stock or precious commodities like gold or diamonds to increase their profits.

Sports spread betting is not only based on the win or loss of any team but also minor scores. Like at the end of the match, the bet stated must be greater than the addition of bet and final score to win the bet and vice versa to lose.

The most attractive feature of spread betting that any gains does not require any taxes or attract any stamp duty because the spread  betting actually takes place between the client and the spread betting company, therefore no shares are hold so no stamp duty.

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Posted by Elizabeth Retton

Keeping your employees happy and satisfied with their jobs is one of the top strategies for running a successful business.  However, this is often easier to say than do, and the higher the number of people under your care the more difficult keeping everyone happy can be.  Raising wages is not the only solution available to you, and can often be just a quick fix anyway, particularly if the roots of the problem with employee satisfaction run deeper.  Consider these tips to keep your business running smoothly by offering your employees ways to stay motivated and content at the same time.

Education is key.  Don’t assume that your employees love to figure out everything in the office for themselves.  Provide them with opportunities to learn by offering them new responsibilities.  That doesn’t mean pile on the workload.  Instead, empower them by not micromanaging or looking over their shoulders at all times.  Showing them that you trust them to do the job you hired them to do will go a long way in creating a culture of learning and increasing employee loyalty.

Expectations.  Your employees need feedback, both positive comments about a job well done as well as suggestions for improvement.  Don’t wait until the time has come for a review.  Feedback is more effective when it is offered in the moment.  You can help them do their jobs by clearly communicating what you expect from them rather than assuming that they can read your mind.

Listen.  Communication is a two-way street.  Listen to what your employees are saying to you, but you must also be able to interpret body language.  When someone comes to you with a conflict, be sure that you understand what they are saying before you make a decision.  Try to hear the multiple sides of a story before you act.  But make sure you do act.  You don’t want your employees to feel ignored if there are problems or tensions that only you can resolve.

Public acknowledgement.  Financial incentives and bonuses are one way to communicate to an employee that they are being recognized for their strong work and commitment.  But many employees would rather be commended by their immediate supervisor or from the leader of the business itself.  When the acknowledgement for a job well done comes publicly, there is a marked increase in satisfaction.

Flexibility.  Your business may not allow for much flexibility, but showing that you understand that your employees lead valuable lives outside the workplace demonstrates that you care about them.  Especially if they have children or other responsibilities, you can allow them to leave work a little earlier if there is an emergency (no matter how minor or major) with an option to make it up later.

Communication is the key when it comes to employee satisfaction and company loyalty.  Get to know your employees by talking to them and listening to what they say.  This may lead to improvements in your office or may require you to utilize employee benefits outsourcing to help out.  Creating an environment where everyone feels comfortable is essential for a business to run smoothly and successfully.

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