# How to Calculate the Value of a Debt Consolidation Loan

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By taking your multiple business debts and leaving you with a single loan to repay monthly, debt consolidation prove to be the best way of dealing with the heavy financial burden. You’ve probably read all about the lowered monthly repayments and how you can make savings from consolidation. But, how do you do the math to measure the eligibility of consolidation? Which elements should you factor into your calculations?

The outstanding debt

This is the actual amount owed to creditors. You may find that your business has many creditors but unless you list these creditors down and the amount you owe each of them, you will be in the dark. That is also a business process that is often referred to as a ‘bad financial decision’. You need to know the principal amount owed plus the interest and the premium and any penalties.

How do you calculate this total amount?

This must be your first step in consolidation. When you took up the loan from the lender, you must have agreed to repay the loan plus interest regularly over a period of time, right? Since the regular and serial payments guarantee to repay the loan in full over the agreed term, the Present Value of the payments should be equal to the value of the loan. For example, if your business takes a \$100,000 loan, at an interest rate of 6% for 4 years, then agrees to repay in 28,859.15 monthly, the present value (PV) of the loan installments is equal to the total amount of the loan.

PV= periodic loan payment (pmt) x )1-1/(1+ i)n) / i

PV= 28,859.15 X (1 – 1/ (1+ 6%)4) / 6%    = 100,000

Outstanding loan balance = PV of remaining loan installments. This is information that makes it possible for you to calculate the outstanding loan amount at a particular point in time.

I.e. Loan balance = Loan amount + Interest – Installment (100000+100000x 6% – 28,859.15) = 77140.85.

If you are a business in Las Vegas and planning to get a debt consolidation loan, then note that these calculations are applicable to you. If you feel stuck, which you shouldn’t, contact a debt consolidation professional or a banker. Las Vegas has a big number of A-Listed professional bankers, debt consolidation agents, and business finance manager who will be at hand to take you through this.

Prepayment penalties

Do you know why online consolidating companies put emphasis on the fact that you have to read the fine print? It is because of expenses like prepayment penalties. This is the amount you have to pay if you pay off the loan before the maturity date. Other companies don’t have this fee, but reading the fine print and knowing exactly how much you have to incur will bring perspective. If there, add it to the current total outstanding loan.

Final calculation

Once you have the above values, make a final tally and include prepayment charges and any other transaction fees.

Calculate and compare APRs

Two dissimilar loans may look similar because of factors like loan terms, interest rates, interest calculation, and amortization techniques. However, before closing a deal, check the APR and the interest rates because these always vary. At the same time, the real APR may be higher than the APR given. So, use the general APR calculator and get values for the loans. Comparison leads you to the best deals.

Prepare the amortization schedule

This gives you exact amortization values for your debt to guide you into your new monthly repayment amounts.

Conclusion

That is it – a simplification of the debt consolidation calculation. Only take up a loan if you will save some money and if the deal is the best for your business. Once you have the finer details of the number, apply for the loan, pay the creditors, and track your repayments.

# Striking the Right Balance between Parenting, Work and Finance

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Parenting and pursuing a professional career requires effort, time and commitment. If you are employed, raising your children and managing other priorities, it may be difficult to keep up with many obligations. Careful planning makes it possible to integrate your roles and strike a balance between different aspects of your life.

Time Management Tips

• An important step is time management, which determines how much time you dedicate to your family and career. Maintain a calendar that covers your priorities and helps you make plans while considering both your family and career schedules.
• Try to be consistent with your routine every day. When children are aware of your expectations, it becomes easier for them to fulfill their tasks without constant supervision, which saves time and eases stress when you have a lot to do.
• Prepare for your mornings in advance by picking the outfits for the following day as well as packing backpacks and lunches. This will help you avoid any confusionor debate in the morning regarding what to wear or pack.
• Maximize on the early hours of your day when your children are still asleep. You can use this personal time to have a relaxing shower, read and enjoy a warm beverage or exercise.
• Find out if you can work from home during the week to give you more time with the children or to carry out some chores.
• Make an effort to become more actively involved in your child’s schoolwork. Help children with homework to boost academic performance and spend more quality time together. Use your free time to attend functions at school such as sporting events and performances that your children are participating in.

Children’s Caregivers

If you have a childcare provider, establish a relationship that will enable you to keep track of your child’s wellbeing while you are away. Choose caregivers who share your childcare principles, philosophies and standards. Communicate regularly about your child’s behavior and work closely with the caregiver to identify effective ways to deal with any behavioral concerns that you may have.

Finance- Hiring Debt Consolidation Companies

Although parents would be happier to use cash to pay for things, most people do not have access to huge sums of money. From mortgage payments to credit card debt, you need to have a practical plan that will enable you to pay off your debts if you are dealing with different loans at the same time.

Debt consolidation is generally defined as the process of replacing numerous loans with one loan, usually with reduced monthly payments. These types of loans also typically provide a longer period for repayment. Opting for consolidation means that you will end up with one creditor. You can hire the services of a company that will contact your creditors on your behalf and conduct negotiations.

Debt consolidation specialists will handle your loan and work towards lower interest rates as well as other benefits such as reducing or eliminating late fees. If you have been dealing with credit problems previously, working with debt relief companies can help you avoid being hassled by creditors when your debt consolidator takes over.

# 3 Social Media Practices that Actually Boost SEO

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Social media has been around for a little over a decade now. Through the years, new networks have come up and recently, mentions on top social media networks is considered by search engines when determining ranking. Needless to say, the proper use of social media can actually boost SEO. This post looks at some of the key practices that will do wonders in elevating your search engine rankings.

The number of followers you have on social media has an impact on your search engine rankings. Businesses with 100 Twitter followers will not get the same ranking bonus as a corporation that has millions of Twitter followers and Facebook likes. However, when growing your followers, you need to note that Google can easily detect when you are buying proxy Twitter followers. Grow your followers the organic way. The process is tedious, but with consistency, you will be able to grow your numbers.

A few things you should consider doing when growing your numbers include the following:

• Only post useful articles
• Provide general discussion items
• Allow open inquiries

The best thing about social media is that it encourages external websites to link to your content. The more external links you have, the more authority you will have in the eyes of Google. Needless to say, more authority will help you get better ranking. However, for you to get more inbound links, you have to only post high-quality and authoritative content. That is how you attract links.

When using this strategy, social media will serve as a broadcast channel. Don’t forget to use relevant hash-tags in order for your posts to get more visibility. You must also not be afraid to add your content in the existing discussions and threads. This will help boost your social reputation and build your authority. At the end of the day, getting more external links will boost SEO.

Encourage social sharing

Social sharing is perceived by Google as an indication of validation. The more people share your content, the more value that content will have in the eyes of Google. This shows search engines that you have a strong authority and hence your content will be ranked better on search engine results. Encourage shares, likes, favorites, re-tweets and replies. All these lead to increased authority.

The key to encouraging social sharing is to appealing to it directly. You can offer rewards for people who share your posts. Interactive surveys that encourage people to ‘like’ or ‘share’ your posts will also do wonders. You must also not be afraid to ask your audiences to share your content.

The above are just some of the things you can do to boost SEO with social media. However, for the practices to work seamlessly, you have to ensure that your profiles are regularly updated. Nobody wants to follow a dormant or dull profile. How active your page is will determine the overall command you will have.

# Instagram: The fastest growing social network in the palm of your hand

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Instagram suddenly became the talk of the town out of nowhere. It has been around for quite a few years, but since 2015, there was a sudden boom in the number of Instagram users. Very recently, Instagram also overtook the number of Twitter users with ease. It is the young people’s go-to place for new ideas about art, fashion or even baking. From pets to pet scans, you can find everything on Instagram.

What is the deal with #Instagram?

It is a social networking app that was initially meant for just sharing photos from smartphones. Right now, it has become a phenomenon where people from all over the world can share their selfies, creative photos, arts and products. Instagram is not just the niche of selfie-obsessed teens anymore. It is become a powerful instrument of marketing. You can post a video on Instagram as well and your followerswill be able to see your posts on their feed.

Instagram vs. other social media

This is simpler than Facebook and more useful than Pinterest. Instagram is steadily growing and very recently, it has included the option of converting your personal account into a business account. You can add your business logo and name, although most of this information can be edited later as well. Every business account comes with a contact button that takes the Instagram users to your business contact page. You can display your business phone number, address and website details on Instagram for your followers.

Science of hashtags

The best thing about Instagram is hashtags. You can use multiple hashtags for all your posts, including videos. Hashtags allow people to find the posts in categories they are interested in. this is the age of hyper-focused content research and Instagram allows its users to find the right brands and products only. This means, you can reach out to the right audience without wasting time and resources.

Instagram has introduced a new sponsored section. The sponsored content blends right in with the regular feed of the user. This wonderful strategy is being used by the designers to grab the attention of regular users. On Instagram, you are likely to get more likes from complete strangers than followers. So sponsored content on Instagram is actually a good idea if you want your brand to succeed.

Insta-post

You can post and repost old content on Instagram as well. You can use new hashtags and apply new filters to modify old content. This can include old offers you are thinking of bringing back, promotional videos featuring celebrities and much more. Using the right hashtag can get your video up to 11,000 views on a single day and over 20 followers as well. This is more than double the number of views a Facebook live video can fetch. Therefore, you can simply report a Facebook live video on Instagram, apply some trendy hashtags and let your followers do the rest.

Hashtagging tools

Finding the right hashtag for your post is important. You need to pay attention to your content as well as the trends that are ruling the market right now. If you are new to Instagram, you can easily study a few posts and see what hashtagsthey are using. And if you are in a rush, you can always turn to hashtagging tools to find the most relevant and trending hashtags for your Instagram posts.

Instagram stories vsSnapchat and WhatsApp status

Instagram stories are the newest thing the social app has introduced. It is quite a cool take on Snapchat and WhatsApp’s status updates. Your followers can only view the Instagram Stories and they are not added to your business profile. These stories automatically disappear after 24 hours only. No one can reply or comment on these stories and that is the only possible downside to them.

Time the posts right

You need to share your posts and stories for your followers for Instagram in a very planned manner. If you are based in the US, you may want to target Monday to Thursday, anytime except 3:00 to 4:00 pm. You need to share the same stories on Facebook and Twitter. The best time for sharing your story on Twitter is Monday to Friday between 12 noon to 3 pm. While Facebook has a slightly more complicated “best time” schedule. Nothing on social media is random and if you want to collect followers,you need to time your posts just right.

You need to post regularly. Your followers should not assume that you are dead or AWOL. You need to reply and interact with other users. You most definitely need to throw in a couple of seasonal flavors like Starbucks do with their pumpkin spiced latte and red cup posts during the festive season. Your followers like to be reminded of special offers and occasions from time to time and there is no better way to do it than through holiday-inspired art on Instagram.

# How to Get a Job as a Remote DBA Expert

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To become a DBA, you definitely need college education. Employers prefer persons with at least a bachelor degree in information systems, computer science or management of information systems. You can also take related online degree majors such as information security. Exploring a health informatics degree or medical informatics degree will also come in handy if you are interested in healthcare data or records.

Work experience is usually required, hence the need to work for other organizations before you consider a career as a DBA. Most of the advanced DBA jobs will require you to have professional certifications that are earned on the job or post-degree. The certifications will give you more job security as well as a higher pay rate. The Oracle database administrator and Microsoft SQL Server are the most popular certification series for professionals.

As a beginner, you will need to start as a junior DBA. The problem with this option is that not many companies hire junior database administrators. The reason for this is because organizations are looking for persons who know exactly what they are doing when managing their databases. As a result, most companies focus on experienced DBAs. This does not, however, mean that you cannot get a good paying job as a DBA. The key is to know your competition when job hunting.