Posts tagged with "financial"

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Dogecoin Festival Postponed

The founders of the first Dogecoin Festival have rescheduled the Dogepalooza festival which was to be held on Saturday, October 9, 2021 in Sugar Land, Texas at Constellation Field. Recent governmental mandates and public safety measures were taken into account to postpone the festival until Spring 2022. 

“The venue, founders, entertainers, and organizers did not make this decision lightly, states Damon Elliott, entertainer and Grammy award winning producer. All the original entertainers will be back in the Spring of 2022. 

We continue to support Dogepalooza and look forward to seeing everyone next Spring.” Participants and fans can count on icon and legendary performer Dionne Warwick; Grammy Award winning producer, DJ, singer, musician, songwriter and composer, and friend of Dogepalooza, Damon Elliott; rising star and classically trained pianist, Chloe Flower, who accompanied Cardi B at the Grammys, and channels Liberace in building a career on musical mash-ups; Break Free Worldwide breakdance competition; White Sun, Grammy Award winner for best New Age album; Lil Mook, an independent artist; Jason Dmore, a singer, songwriter and entertainment artist; plus many more top entertainers.

 Recent announcements included the partnering of Dogepalooza with Dogemongo, a game that allows users to catch Dogemon and was tested by one of Benzinga’s reporters. A new version of the game will feature a battle modus, where users go to locations and try to catch the Big 3D Dogecoin. After a specific number of rocketball throws, the lucky person wins the Big 3D Rocketball, valued between $500 and $100,000. Some Big 3D Dogecoins will be featured at Dogepalooza. Participants at the festival will have a chance to win a substantial amount of money. Dogemmongo will also continue to be a part of the new festival date. 

All purchased tickets will be refunded. Once a new date is secured, tickets will go on sale. All contest winners will still receive tickets to the festival. “Public Safety is paramount in our decision-making process, adds Rebecca Miller, Executive Director of Global Operations for the festival. Dogepalooza is a fun and entertaining Community Give-Back and Involvement Festival. The new date enables us to continue to build our all-star line up and plan for an even bigger event when mandates and restrictions are lifted.” 

Dogeplalooza, an authentic community driven Dogecoin Festival, is still slated to be held in multiple cities and countries around the globe. The online Doge community consists of millions of members from the world, across all social media platforms. 

Massive digital media attention is swelling as the enthusiasm for the event continues to explode. The event is family friendly and open to the public. One of the biggest supporters of Dogecoin is Tesla, Inc CEO Elon Musk. Dionne Warwick who will make a special guest appearance is also a Dogepalooza supporter comments, “I’m still looking forward to be a part of this meaningful festival which supports so many vital causes.” 

The rescheduled date in Spring 2022 will include Live entertainment from national and local headliners, major artists & DJs, Food & Drink,  Dogecoin & Dogepalooza Merchandise, Vendors, Family Fun Park, Fireworks, Charities, and Educational venues for learning more about how to use, accept, and understand Dogecoin. 

Charities supported by Dogepalooza

 A portion of proceeds from ticket sales will be donated to the American Cancer Society, the Lupus Foundation, Disabled American Vets (DAV), the Humane Society of Oldham County, Multiple Myloema Research Foundation, Khan Academy, and the Cerebral Palsy Foundation.

Piggy Bank illustration by Heather Skovlund for 360 Magazine

Financial Future

Securing Your Financial Future

Mark Williams, CEO Brokers International

When it comes to securing your financial future, the best time to start planning is today. There are a lot of tools and products available to help put a plan together, but they all have one thing in common: the earlier you take advantage of them, the better off you’ll be.

Studies have shown that younger individuals, particularly millennials, tend to prefer savings over retirement accounts. Whether that’s because they lived through the Great Recession and saw what happened to older generations whose retirement strategies were rooted in the stock market, a lack of financial literacy, or something else altogether, the fact remains that younger generations have a more conservative mindset regarding financial planning and investing.

Many people put off retirement planning until retirement itself moves more into focus. But to maximize the impact of your efforts to plan for a secure financial future, start as early as you can. Here’s where you should start.

Workplace 401(k)s

For many people in the workforce, a 401(k) is offered through their employer. Saving money for the future in a tax-advantaged vehicle is a wise move, but for those whose companies offer a 401(k) match, it’s a no-brainer to maximize that source of free money. Due to the power of compound interest, even a small regular contribution makes a major difference over time.

Consider this example. If you invest $50 a month into a 401(k), at an average 7% annual rate of return, that investment adds up. After 15 years, you’ll have invested $9,000, but it will be worth over $15,000. That same $50 a month after 30 years will amount to $18,000 out of your pocket, but it will have grown to nearly $57,000. And if you invest just $50 a month for 45 years, that $27,000 investment will be worth just under $171,500. (You may not get 7% every year, but as an illustration, the value is clear.)

Annuities

Planning for your financial future can be difficult when you may not even have a view of that horizon. You don’t know what your life will look like, what your financial needs will be, and what resources will be available to you once you are no longer working.

Annuities provide a great response to the uncertainty of long-range financial planning. It’s the only financial product available that guarantees an income stream for life — once you turn on that income stream, it’s fixed. Fluctuations in interest rates or the marketplace won’t affect it. An annuity will provide you with a paycheck every single month until the day you die — and some products even allow you to extend that benefit to your spouse or children.

Life Insurance

This is the big one, but many people overlook life insurance because they won’t be able to take advantage of it themselves. But ask yourself, at any stage of life, if you don’t make it home one day, who relies on you to provide financially? More than anything, insurance is a form of safety and protection, for you and for those you love. It’s critically important for someone who is married with children to have life insurance in case of tragedy, to be able to help cover debts, provide a future source of income and even allow space for grief without financial anxiety.

But even for single young professionals, just starting off their careers, life insurance should be a primary consideration in financial planning.

Consider a young, single, 23-year-old individual who may not have anyone who depends on their income. Why would that person want to purchase a life insurance policy in that situation? In part, because they don’t know what their situation will be like in 1, 5 or 10 years, and a 20- or 30-year term life insurance policy will provide financial safeguards for some of the possibilities that may arise. Additionally, there’s a popular saying in the insurance industry: money pays for life insurance, but health buys it. When you are young and healthy, you’ll never be able to get a life insurance policy as cheaply as you can at that point.

Just as you never know if or when your circumstances may change and you’ll find yourself wanting a life insurance policy to protect the financial interests of someone you married five years after initially deciding not to purchase a policy, you may also receive a diagnosis in that same five-year period that makes life insurance impossible (or prohibitively out of reach).

If you buy life insurance when you’re young and healthy, you can take advantage of the best rates possible and provide a blanket of financial security for your loved ones.

Plan Ahead

Financial planning isn’t a lot of fun for most people, but it is necessary. Whether you are aiming for a specific short- to a mid-range financial goal or turning your eye toward your eventual retirement, it pays to start thinking about securing your financial future as early as possible. The cost of doing so when you are young is comparatively lower than if you wait 10, 20, or 30 years to make some of the same decisions.

If you’re young, take advantage of your long time horizon and plan accordingly. If you’re older and already feeling close to retirement, you may not have taken advantage of the power of compound interest but it’s still not too late to reallocate some of your assets and shore up your financial situation as much as possible.

For anyone, I would strongly recommend seeking out the advice and experience of a financial professional — they will understand all of your available options and know best how to construct a strategic plan to help you reach your goals.

Finding the Right Mentality to Get Out of a Financial Rut

When you find yourself in a difficult financial situation, it can take a severe mental toll on you due to the stresses involved and how it impacts what you can do with your life. This, of course, makes the whole situation even worse as you’re now having to deal with your mental health on top of the financial issues you face.

Trying to resolve complex issues while in a troubled headspace isn’t ideal and makes it much harder than it already is. Therefore, your priority should be doing everything you can to get yourself in a healthier and more positive mindset, so that you can approach these challenges with as much chance for a successful result as possible. 

Understand That There are Alternative Solutions

When things don’t go the way that you want them to, it’s easy to think that all paths forward are closed off to you. This is especially true when you’re talking about money, due to how much of a role that it seems to play in everything. However, it’s important to remember that you likely feel this way because you’re only familiar with the methods and options that you or people you know have used in the past. Instead, you might need to alter your lifestyle and consider as many different options as possible. Life is all about change and learning to adapt to oncoming challenges is something that could be very positive for you going forward in life, regardless of your financial situation.

For example, cutting back on things that you usually spend a lot of money on might mean that you no longer get to experience those things in the same way but they open up a bit of freedom where it’s more important, meaning you can relax that little bit more. Furthermore, this doesn’t even mean that you’re cut off from getting new things, it just means the way that you pay for them might be a little bit different. If you needed to get a car, for instance, but you find yourself with bad credit, car finance might be the route forward for you with companies who won’t hold your credit against you.

Take Care of Yourself

Whenever you’re faced with a situation that is having a negative impact on your mental health, it can be tempting to put all of your time towards trying to resolve that issue, without putting any time aside for your own care. It is important to put time towards yourself, not only for the sake of your health, but also, as mentioned previously, a clearer mind can often mean a stronger approach to life’s problems.

If you’re struggling for ways to do this, you have multiple options to try and see what helps you. Meditation has many benefits related to mental health, as does exercise. The latter can even take the form of activities as simple as a walk in a nice area, which can give your brain a much-needed rest from the confines of your home. Additionally, the area that you walk to itself can bring its own benefits if you decide to go to a greener, wider space.

Best Personal Budgeting Methods

Budgeting is a surefire way to keep your finances under control both in the short and long term. Being aware of every aspect of your budget will help you spend less, as well as set and achieve your financial goals. Luckily, there are plenty of budgeting methods to suit every person. So, without further ado, let’s talk about the most popular approaches to budgeting.

Budgeting Apps

Before we proceed to the classic budgeting methods that have proven to be effective over time, let’s take a look at some budgeting apps that are steadily gaining popularity. Here are some of the apps with top reviews:

You Need a Budget (YNAB)

• Mint

• PocketGuard

• Personal Capital

• Zeta

• Simplifi by Quicken

Using apps for personal finance planning is extremely convenient as they enable you to have all the budgeting info you need at hand wherever you go.

Method 50/20/30

This method divides all of your spendings into three broad categories. Every time you receive money, it should be divided as follows:

• 50% – compulsory expenses. This includes utilities, rent, transportation costs, health maintenance, food. These expenses are approximately the same every month.

• 30% – irregular expenses. This includes entertainment, spending on hobbies, travel, etc.

• 20% – savings or repayment of existing loans.

If the obligatory expenses make up more than half of the income, then it is worth reducing the irregular ones. If less than half – then add the remaining money to savings.

The Classic Envelope Method

The simplest budgeting approach is the envelope method, which is used all over the world. It has evolved over time, and new ones have appeared on its basis. The idea is that you distribute all your income into envelopes, that is, the categories of goods and services on which you plan to spend money.

Then, every time you need to make a purchase, you take money from the corresponding envelope. If the category is important, such as food or health, then in critical situations, money can be taken from other envelopes. However, if it is entertainment or eating out, then it is not worth spending more than there is in the envelope. It helps you save money and meet your financial goals. At the end of the month, you can analyze your progress and change the volume of envelopes if it turns out to be unrealistic on the first try.

Priority-Based Budgeting

This budgeting method is commonly implemented by governments but works miracles for personal finances as well. Firstly, you have to list all the categories of your expenses and rank them from most to least important. Taking your budget as 100%, you should allocate a certain percentage to every expense category by priority. Thus, the mandatory expenses, such as bills, food, rent, transport, etc., should come first. Closing the list will be entertainment categories alongside non-essential shopping.

What If the Budget Was Counted Wrong?

Everyone makes mistakes, especially when it comes to financial planning. If you miscalculated your budget, you could always contact a reliable payday loans company, such as Payday Depot, to help you out while you are waiting for the upcoming salary.

Women is Losers x Latino International Film Festival for use by 360 Magazine

Why you should invest in entertainment stocks

Entertainment, it’s something that human beings have sought after since day one. It’s something that we as a species simply crave and the more we can get of it, the better. Is it any wonder then that we now find ourselves in a hi-tech climate of YouTube videos and streaming services comprising hundreds of channels and shows? Theatre, art, music and shows – it all goes back thousands of years. We’ve certainly come a long way; a thousand years ago gladiators battled it out to the death, nowadays wrestlers combine actual combat skills with theatricalities and battle it out for money, celebrity and bragging rights.  The entertainment industry, as defined by the happenings of the twentieth century – the invention of film, cinemas, the Hollywood studio system, television, video machines, CD’s – have all led us to where we are today.  Bring in the real game changer of the last 30+ years, the internet, and it seems that change will continue to be inevitable. The point is, entertainment is an inherent need, bolstered by the technology of the day. It’s not going to disappear overnight and for that reason, it makes for an appealing investment option. With all this in mind, let us now look at some of the best entertainment stocks to invest in.

The Walt Disney Company (NYSE:DIS)

It would be impossible to speak about entertainment stock without speaking about the Walt Disney Company.  The house of mouse has come a long way, seen its fair share of ups and downs and now owns some of the most lucrative franchises in the entertainment industry. From its acquisition of LucasFilm and Marvel Entertainment to its acquisition of 20th Century Fox, Disney has built its empire by way of its own laurels and through a smart consolidation of power. Even now while the word still reels from the global situation of 2020, Disney has showcased its ability to survive and strive with a slew of high quality content on its Disney+ streaming service. 

Nintendo (OTCMKTS:NTDOY)

Nintendo’s an interesting one; in its native country of Japan it’s traded on the Tokyo Stock Exchange, but in the US it’s traded on the OTC  (over-the-counter) market as ADRs (American depository receipts). In other words is falls into the world of shares, currencies, trading USD and GBP as an option, commodities and other financial instruments. Technicalities aside, Nintendo, like Disney, has walked a long road to become the multinational consumer electronics and video game company it is today. Over the years it’s faced off against the best of Sega, Microsoft and Sony to still maintain its dominance of the market. The global fallout of 2020 strengthened its share price as gaming on the whole experienced an upward trajectory and even though its share price has declined ever so slightly, in part because the Nintendo Switch is now considered a mature product,  Nintendo is the type of company that is ripe for long-term investing. 

Netflix (NASDAQ:NFLX)

To not speak of Netflix would be akin to not speaking about the big red elephant in the room of entertainment.  Not only has Netflix changed the traditional Hollywood system forever, it’s made its own mark of quality and enforced it. What started off as a DVD rental shipping company has become the biggest streaming company of the lot. Put another way, within a span of 10 years, Netflix’s share price went from $25 per share to $520 per share.  The global ramifications of 2020 worked in the company’s favour as many who were forced to stay indoors did so taking comfort in a slew of self-produced quality content. “Netflix and chill” is here to stay. 

Analytics Illustration by Ivory Nguyen for use by 360 Magazine

Guide to Help You Maintain Your New Year Resolutions

At the beginning of this year, you may have had clear New Year resolutions regarding your finances. It is very necessary for you to follow all of these resolutions so that you can achieve your goals easily. You can start learning how you can maximize all of your resources for your benefit.

It is the best time for you to plan everything, so you can achieve your dreams this year. It may be the right time for you to get a new job, lose weight, or become a millionaire this year. In this article, we are going to discuss some useful ways on how you can maintain and achieve your New Year resolutions.

Break Down Your Dreams

When you have any New Year resolutions, you may want to break down all of your dreams or your goals. You need to have a clear mindset that you are able to turn your goals into a reality. Your New Year resolutions must be clearly stated and expressed in full detail.

You have to know all steps and details that you need to have for achieving these goals. Some actionable steps can help you achieve any of these goals easily, without having to get overwhelmed. Here are some questions that can help you manage your steps for achieving all of your goals or dreams in the future.

  • What are several things that you need to do for accomplishing your goals?
  • What is your main schedule for achieving these objectives?
  • Who is going to help you or get involved in helping you achieve these goals?
  • Where are you lacking?
  • What are some mistakes that you did last year that should be corrected?

After answering all of those questions, you may see that your objectives can be achieved easily. It will apply to everything that you do–from saving money, learning some new skills, losing weight, etc.

Always Make Yourself Accountable

Accountability is important to have, especially if you want to be successful. When you ignore accountability, you may also ignore the possibility of future success. You should be aware of any progress that you are making for achieving your goals.

Accountability means that you are responsible for all of your actions and their consequences, whether they are negative or positive. You should never blame any other people for any result that you have in life. Instead, turn your goals into traceable objectives. You need to have a list of your all plans and their scheduled time. It will make you become more responsible in your dealings. Don’t forget to write down all failures and successes that you have every day for easy assessment.

Learn to Penalize and Incentivize

You need to learn how you can penalize or incentivize yourself. It will help you stay motivated, so you can achieve your goals. Some people might find penalizing themselves may be counterproductive. However, it will be a good way for you to motivate yourself to attain your dreams. You should never forget to incentivize yourself to achieve your small objectives.

Use Technology for Helping You Reach Your Goals

Technology can be a perfect way for you who want to achieve your New Year goals easily. You can utilize your gadgets to keep track of the steps taken to reach your goals. Ensure that these mobile devices don’t draw your attention from your goals, though.

Furthermore, there are some other interesting ways to achieve all of your New Year resolutions. When you need to get a loan for achieving all of your goals, you can consider taking the Robocash options. It will be a good solution for you who want to solve any of your emergency money issues. Robocash is ready to give you up to PHP 25,000 loan. More than 90% of their loan applications are approved immediately.

Analytics Illustration by Ivory Nguyen for use by 360 Magazine

5 Ways Pay Stub Creators Can Help You

Over 93 percent of Americans get paid via direct deposit.

This is super convenient for them (who want to wait in line to cash a check at the bank?). However, it can also present challenges if you don’t receive a pay stub every time you get paid.

If this is the case for you, consider generating your own pay stubs. Listed below are 5 benefits you can enjoy by doing so. 

1. Rent an Apartment

Often, when you’re applying to rent an apartment, you need to provide proof of income.

If you get paid by direct deposit, you might not have this information readily available. Generating your own pay stubs ensures you have the documents you need to verify that you can afford the rent.

2. Stay on Top of Your Earnings

Generating pay stubs also makes it easier for you to manage your finances and keep track of your earnings.

When payment information is right in front of you in an easy-to-read pay stub, you’ll be able to pick up on potential issues and correct them sooner. You may also be able to budget better since you have a clearer idea of what you’re bringing in.

3. Qualify for Loans

You can also create pay stubs to apply for an auto loan more easily. When you generate your own pay stubs, you can present them at the bank or car dealership and get approved for a loan faster.

4. Pay Employees Faster

If you run a business, you definitely ought to consider generating pay stubs yourself. This helps you to get your employees paid faster since you can print the stubs right there in the office, rather than waiting for them to be mailed to the employees’ houses.

5. Avoid Employee Payment Errors

More than 82 million workers have experienced paycheck errors at some point in their lives.

When you use a pay stub generator that comes with an accurate pay stub calculator, you’re less likely to make errors and pay your employees an incorrect amount. This makes life simpler for everyone at the company, including you.

How to Make Your Own Pay Stubs

You get to enjoy all these benefits when you make your own pay stubs. As a bonus, it’s also easy to make pay stubs online.

There are lots of tools out there (many of them are free) that you can use to create pay stubs for any purpose. When looking for a pay stub generator, consider the following:

  • Price
  • Ease of use
  • Template options
  • Customer support

Consider whether or not the generator provides a pay stub example, too. This gives you a chance to see what the pay stub will look like and ensure it doesn’t leave out any important information.

Start Generating Pay Stubs Today

As you can see, there are lots of reasons to make pay stubs yourself. If you want to experience these benefits, follow the tips outlined above and start using a simple pay stub creator today. 

Do you need more help managing your money or making plans for the future? Check out some of the other resources on our site today.

Allison Christensen Illustrates a Music Business Article for 360 MAGAZINE

VEVA Sound X Quansic

VEVA Sound announced Tuesday that users of its platform are now able to register for an ISNI number for free.

An ISNI is an International Standard Name Identifier, a number uniquely identifying an individual in the music industry.

VEVA Sound verifies archived projects for clients. By partnering with Quansic, a leader in ISNI services, to facilitate registrations, it is now easier for creators to get credit and payment for their work.

FX Nuttall, the founder of Quansic, said the partnership made perfect sense for the company, as both Quansic and VEVA Sound share a vision that creators should be able to be identified easily and early in the creative process.

“As this partnership continues into the future, we are enthusiastic about introducing VEVA Collect’s users to our products — starting with ISNI registration before addressing the allocation of ISRC for Recordings and BOWI for Works,” Nuttall said. “We at Quansic are focused on enabling 100% identifier coverage for all, and our friends at VEVA provide an unprecedented opportunity for the independent creative community to do just that.”

President of VEVA Sound Deborah Fairchild said she is excited about the partnership and for the new opportunities for artists and creators who use VEVA Collect for payment for their work.

“FX Nuttall is widely respected in our industry, and we are proud to avail his expertise to our users through Quansic,” Fairchild says. “We believe it is imperative that we empower creatives with every resource available to receive authenticated credit for their work.

VEVA Sound was founded in 2002 and works to spearhead the movement to define, create and implement the standards for how sound is preserved and monetized. They now have offices in New York City, Los Angeles, Nashville and London where they work with clients to verify and archive audio and metadata.

To learn more about VEVA Sound, you can click right here. You can also follow them on Twitter, Instagram and Facebook.

You can learn more about Quansic by clicking right here.