There’s no denying that the young people of this generation save more as compared to their counterparts from the previous generation. But saving for retirement is still not on the priority list of people in their 20s. With so many financial priorities and aspirations, the retirement planning often gets pushed away. If you are in your 20s, you must understand that saving for a pension is much important than you realize at this stage. Compound interest, undoubtedly, plays a crucial role but there are other valid reasons that make early saving a beneficial deal for happy retirement. Here, we will talk about five good reasons why you should start saving for your retirement at the early stages of your career.
The last ten years have seen an entirely new form of marketplace emerge, brought on by the increased prevalence of smartphones and increasing trust in online platforms. More and more businesses are establishing themselves around the ‘peer-to-peer’ model, otherwise known as the sharing economy.
For an investor, making an investment is not an easy task. It requires detailed planning and analysis in order to ensure that the investment generates higher returns in the long run. Every investor invests with the sole motive of maximization of returns and in order to do so, it is important to carry out a detailed study and analysis of the investment proposal. When property developers make an investment, they are not simply investing into a property. Rather, they are making an additional investment in the development of the property and this may or may not lead to profit. For successful development of the property, it is important to consider in depth planning and analysis. There are various elements you need to consider.
When most people hear the word ‘traction” the first thing that usually comes to their mind is the friction between two surfaces, screeching tires and halting cars. Did you perceive the same thing? Perhaps you did, perhaps you didn’t. When I first saw the word traction I was convinced it meant something like a transaction. Google humbly corrected my misconception … traction literally does mean friction.
There are mountains of venture capital firms out there who want to give you their money for your idea. From there, you are entered into the high-stakes poker game of venture capital that sees nine out of ten new businesses fail. It’s an industry so filled with uncertainty that the man who brought you the personal computer, Bill Gates, has called it “pretty stupid” and characterizes its hit rate as “pathetic.” But one company, who sees business investment a little differently, is offering a huge opportunity for potential entrepreneurs looking to lead a new business in the online space, and that company is called Momentum Ventures.
It all started with a map of the Spanish startup ecosystem. My co-founder Nacho and I we wanted to bring more transparency to the Spanish ecosystem and we thought that highlighting all of the startups, investors, accelerators and co-working spaces in the country was a great idea and something useful for those involved in the market.
However, we quickly realized that we could do much more than that by focusing not only in Spain, but in the whole European startup market that has been growing at impressive rates over the past few years, producing billion dollar companies and driving innovation at a pace only surpassed by Silicon Valley and New York.
When it comes to funding your startup there are many choices that you can make to help get you the capital you need. One choice might be taking out a business loan out to help cover your costs of growing. You might also consider taking an investment to get your startup funds. Both of these options will get you to your end result but you might be left in debt or have less ownership of your company. There is one option that allows you to raise the capital you need without getting yourself into debt or giving up ownership of your startup. That option is HeadFunder!