Money Transferring Will Welcome New Faces to the U.S. Dollar
When you’re money transferring, the most important question on your mind is “how can I send money?” You’ll look at the dollar amount you’re sending, but rarely take a second glance at the picture on the currency. This could be because you’re not familiar with the people featured on U.S. dollars, that you’ve seen the pictures too many times for it to impress you, or simply because you never cared to look. Whatever the reasoning, now is a good time to start paying more attention to your money. Continue reading Harriet Tubman Isn’t the Only New Woman to Grace U.S. Currency
American Dreams Coming True Enables Immigrants to Send Money Home
Money, money, money — it’s sketched into the American dream. The perfect family, the perfect house, the perfect job and the perfect life — that’s why migrating to America is still appealing to foreigners. Not only is the promise of the “American dream” desirable, the reality of great job opportunities and a higher quality of life continues to be a motivating force. For immigrants who send money remittance, getting a high paying job is one of the best ways to show love to families abroad. If you’re lucky enough to come to America and land a good job, you’ll improve the situation of both you and your family. Here is a list of some of the most high paying jobs in America. Continue reading Money, Money, Money… The Highest Paying Jobs in America
Minimum Wage Increase Means You Can Send Money to Mexico More Often
Some Mexicans have migrated to California in order to find better job opportunities. They often send money to Mexico to assist friends and family members back home. Unfortunately, along with better job opportunities comes a higher cost of living. Immigrants can be shocked to see how expensive California living is. If you’re working a minimum wage job, the pain of high living expense is even more burdensome. Now, there is good news! Recently, a law was tentatively passed that will increase the minimum wage to $15 by the year 2022. Currently at $10, the minimum wage could go up in increments, giving small businesses a chance to adjust. Continue reading Money Remittance Increases With California Minimum Wage Boost To $15
Personal Finance Lessons to Improve Financial Planning Outcomes
Most American’s don’t save for the future. In fact, our consumer-based society is more prone to spend than to plan ahead. Often times immigrants come to the U.S. for better job opportunities, but they also bring along smart and productive money habits that some US born citizens could learn from. Personal finance is something no one can afford to overlook, whether you’re an immigrant or a natural born citizen. If you are looking for ways to improve your financial profile, take a lesson from immigrants and consider adopting some of their best known financing habits. Continue reading Successful Personal Finance Habits We Can Learn from Immigrants
Cost of Living Makes Money Remittance Difficult With Just One Job
Many people who relocate to the United States for job opportunities are motivated to send money to family members in their home country. However, immigrants are often shocked to find that better job opportunities equates to higher costs of living. Take for example the average cost of rent in San Francisco, one of the most highly desirable cities in the Bay Area. According to rentjungle.com, the average rent within 10 miles of San Francisco is a whopping $3770 dollars a month. This is a hard pill to swallow, since many of the job opportunities are located in or near the city. The Silicon Valley, another hub for job growth and financial opportunities, also has a high rental market. The price for a one bedroom can range from $2,257 – $2,575 a month or more.
Continue reading How to Make Extra Wages and Send Money to Family Overseas
Saving Money as You Pay Large, Unexpected Tax Bills
What do taxes and money remittance have in common? Nothing exactly, but if you receive a hefty tax return, you’ll likely be able to help your family and friends overseas. As noble as that may seem, unfortunately, taxes are unavoidable and have a way of snagging more money than bargained for, and often without notice. Those of us who have had the wind knocked out of our sails after an appointment with the accountant, know how menacing a huge debt to the government can be. Continue reading Should I Pay My Taxes With A Credit Card?
Sending Money Abroad Through Your Bank vs. Money Remittance Service Provider
With today’s technological advancements and capabilities, sending money abroad is easier than ever. Individuals who send money abroad to family or friends are often faced with many decisions before remittance can take place, and this may cause confusion. Different factors like transfer fees, reliability, transfer time and cost are important elements to consider if you want a loved one to safely and expeditiously receive money. The question often arises of whether or not it’s safer to use a bank or money remittance center to send money abroad. While the final answer does depend on the individual case, consider the following problems with banks the next time you are involved in money remittance. Continue reading What’s the Best Way to Send Money Overseas? Cost and Convenience Comparison.
Dollar, Yuan, Yen, and Euro Make it Easy to Send Money Online to Other Countries
Sending money online to other countries continues to be a normal practice for immigrants and other foreigners working in the United States. As long as the dollar continues to be the worlds leading reserve currency, the exchange rate between the U.S. dollar and other forms of money will be to our advantage. Continue reading Why It’s Important for the U.S. Dollar to Remain Top Reserve Currency
Foreign Countries Sending Money to Nepal find New Ways to Target Populations in Need
People who are sending money to Nepal help to rebuild homes and communities. Researchers from the University of Southampton have teamed up with WorldPop project and Flowminder Foundation to monitor the movement of people affected by the 2015 earthquake in Nepal. By studying anonymous mobile phone data, they can effectively track the displacement of populations and send relief in the affected areas. Continue reading Remittances to Nepal Rebuilding Homes and Hope
Unemployment Drops, Exchange Rates Improve, and Money Transfer to Mexico Skyrockets!
Increase of money remittance to Mexico is an indication of a recovering economy, financial authorities say. The first quarter saw a staggering $5.6 billion in remittances sent to Mexico from the United States. According to the Bank of Mexico, money transfer to Mexico has increased 5% compared to last year’s remittances of the same period. California is responsible for sending the most remittances to Mexico with, 1.6 billion dollars sent, followed by Texas and Illinois. Continue reading California Leads Increase in Money Remittance to Mexico