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	<title>Financial help and news</title>
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		<title>Go green PCs</title>
		<link>http://www.piransterdam.org/460/go-green-pcs.html</link>
		<comments>http://www.piransterdam.org/460/go-green-pcs.html#comments</comments>
		<pubDate>Sat, 21 Apr 2012 17:06:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

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		<description><![CDATA[Personal Computer have changed the people life. And every person have a PC in their home in a normal family. And my opinion every one need a PC. But due the the huge amount of use of the energy due to the Computer in huge sector, the energy consumed is growing day by day. And [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.lowpowerpcs.info/">Personal Computer</a> have changed the people life. And every person have a PC in their home in a normal family. And my opinion every one need a PC. But due the the huge amount of use of the energy due to the Computer in huge sector, the energy consumed is growing day by day. And there must be some solution to this problem. If the huge computer can be made to work in low power available then we can managed the energy saving and bring a revolution in the world.</p>
<p>After some research we found that <a href="http://www.lowpowerpcs.info/">Low Power PC</a> has been introduced by some people around the world and has been a great success. It has a saying that its energy costs reduced 60% of the current energy consumption. So a Low Power PC can be a great revolution for the people and countries.</p>
<p>Its not just about the power consumption, but they are also the cheapest found on market. If people are really concious about the energy and the money then, I suggest people surely should get a one. I have order a piece for myself, as every good things should be started from ownself.</p>
<p>Save energy, Save world &#8211; Go green.</p>
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		<title>Small Business Funding Investment Opportunities</title>
		<link>http://www.piransterdam.org/434/small-business-funding-investment-opportunities.html</link>
		<comments>http://www.piransterdam.org/434/small-business-funding-investment-opportunities.html#comments</comments>
		<pubDate>Wed, 28 Mar 2012 09:22:03 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[investing]]></category>
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.piransterdam.org/?p=434</guid>
		<description><![CDATA[You should never let a lack of funding stop you from attaining your goals in business, especially if that goal is to expand your business. There are many small business funding and investment opportunities that small businesses and entrepreneurs are able to take advantage of. Funding sources, such as banks, government institutions, venture capitalists, and [...]]]></description>
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<p>You should never let a lack of funding stop you from attaining  your goals in business, especially if that goal is to expand your  business. There are many small business funding and investment  opportunities that small businesses and entrepreneurs are able to take  advantage of.</p>
<p>Funding sources, such as banks, government  institutions, venture capitalists, and angel investors, are very  diverse, so it is important to see what the requirements are for each  type of lender or investor.</p>
<p>If you are seeking funding for an  existing business or company, lenders are interested in finding out the  history of your company. The kinds of things they will want to learn are  things such as if your company has a good track record of management  and performance skills. They will also want to know if you have the  ability financially to be able to repay a loan, as well as what your  current cash flow situation is. This will allow them to then figure if  your business is capable of handling any extra debt. This is actually a  good practice, because as much as you want to succeed, lenders want to  see you succeed, as well.</p>
<p>Another factor that will come into play  is you own personal credit history. If your own credit is great, you  will get the loan; however, if you have problem credit or no credit at  all, you may at first be declined, but you can talk with the lender to  let them know what steps you have taken to turn your life and business  around.</p>
<p>One way to make your chances of obtaining a loan better is  to put up some form of collateral. This will help reduce the risk being  taken by the lender in the event that you should default. This also  shows lenders that you are willing to put your own personal property up  for your business which shows confidence in your endeavors.</p>
<p>Sometimes,  a loan will be declined because the presentation has been poorly  written, there has not been enough collateral put up, there is not  enough cash flow, or there is simply not the requisite amount of  management experience needed.</p>
<p>Some of the main sources for small business funding and investment opportunities are:</p>
<p>Banks  or credit unions, and sometimes finance companies are the primary  sources of funding for small businesses. These institutions have small  business departments that are experienced in handling small business  loans. The best place to begin your search is at your own personal  institution. It can work in your favor if you become more than just an  acquaintance of the manager and the staff at the bank. Shy away from  using the ATM for all of your business, and go inside and be friendly.  This does not guarantee that you will get the loan, but it will help  your presentation go much more smoothly.</p>
<p>As you can see, there is  money out there for small businesses to take advantage of. With a  carefully prepared proposal and the right approach, you will be able to  obtain the funds that you need that will match your ability to repay.</p>
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		<title>Twtter new revolution</title>
		<link>http://www.piransterdam.org/447/twtter-new-revolution.html</link>
		<comments>http://www.piransterdam.org/447/twtter-new-revolution.html#comments</comments>
		<pubDate>Sun, 18 Mar 2012 02:13:26 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.piransterdam.org/?p=447</guid>
		<description><![CDATA[Twtter is the biggest all in one Twitter application directory. People here can subscribe to whole lots of apps and get benefits- of all the applications free of cost. Twitter is not just a place where you Tweet, it is more than that where people can share and help each other out. So, twtter has [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.twtter.us">Twtter</a> is the biggest all in one Twitter application directory. People here can subscribe to whole lots of apps and get benefits- of all the applications free of cost. Twitter is not just a place where you Tweet, it is more than that where people can share and help each other out. So, twtter has been making application that makes user ease their twitter.</p>
<p>Well for a marketer, a <a href="http://www.twtter.us">twitter multi account manager</a> is a great application indeed. You can access to multiple accounts once you approve for a particular twitter account. You just need one time login and one time approval for an account. You can have lots of benefits such as Easy tweet, multi RSS subscription, mass following and more.</p>
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		<title>Investing In Money Market Funds Is More Secure And Safe</title>
		<link>http://www.piransterdam.org/432/investing-in-money-market-funds-is-more-secure-and-safe.html</link>
		<comments>http://www.piransterdam.org/432/investing-in-money-market-funds-is-more-secure-and-safe.html#comments</comments>
		<pubDate>Tue, 28 Feb 2012 09:20:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[investing]]></category>

		<guid isPermaLink="false">http://www.piransterdam.org/?p=432</guid>
		<description><![CDATA[The terms &#8220;volatility&#8221; and &#8220;safe investments&#8221; do not go hand in hand. They never did. But especially in the 21st Century stock market, stocks with a degree of volatility are riskier than ever. While you may not see any other way for your investment if there are any future plans to retire, keep in mind [...]]]></description>
			<content:encoded><![CDATA[<div id="article-content" style="text-align: justify;">
<p>The terms &#8220;volatility&#8221; and &#8220;safe investments&#8221; do not go hand in  hand. They never did. But especially in the 21st Century stock market,  stocks with a degree of volatility are riskier than ever. While you may  not see any other way for your investment if there are any future plans  to retire, keep in mind that it&#8217;s not uncommon for stocks of today to  swing 5 and 10 points in a whole day. Case in point: Netflix, one of the  safest bets in home entertainment, recently lost close to 80 points in a  span of one week. In a year&#8217;s time it went from nearly $300 per share  to $128. Imagine how quickly you could have lost a significant amount of  money, on a stock that many analysts considered &#8220;safe.&#8221; That&#8217;s why you  should consider money market funds for investing.</p>
<p>Money market  funds are much safer forms of investment. While you will not get rich  overnight, you can benefit from the reality that money market fund  investments are considerably safer than what you will find in stocks and  mutual funds. Slow and steady growth can really add up over time as  gains compound through the years. Many people, who thought they were  going to retire on stocks and mutual funds, are now faced with the  reality they will need to continue working. They realized losses of  significant chunks of their portfolio as the economy took a turn for the  worse, and they have never found their way back to where they were.</p>
<p>With  money market funds, you can rest easy knowing that your assets are  protected and enrolled in projects and companies that exercise the  safety first rule of thumb for investing. As government interest rates  improve, so, too, will the return on your investment. And as long as the  government is running the show, you will never realize losses.</p>
<p>The  only problem with money market funds is that a poorly performing one  can fail to keep up with the rate of inflation. But like real estate,  money market funds have a cycle that they run on from times of great  prosperity to lesser prosperity. With interest rates currently at an all  time low, you can rest easy knowing that improvements have nowhere else  to go but up.</p>
<p>And one more advantage of the money market fund is  that it generally stays out front of bonds in a down economy. While the  bond market is also struggling to pay decent returns on investment, the  money market fund is giving many investors more return than they can  find anywhere else.</p>
<p>If you&#8217;re ready to invest, but you&#8217;re  conservative and don&#8217;t know where to start, money market funds can be a  great way of watching your principle grow.</p>
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		<title>Get a Loan With No Credit</title>
		<link>http://www.piransterdam.org/445/get-a-loan-with-no-credit.html</link>
		<comments>http://www.piransterdam.org/445/get-a-loan-with-no-credit.html#comments</comments>
		<pubDate>Sun, 12 Feb 2012 16:28:44 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Loans]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[loan]]></category>

		<guid isPermaLink="false">http://www.piransterdam.org/?p=445</guid>
		<description><![CDATA[Paying rent when your salary is not as high as you would want it to be is sometimes really interfering with other debts and bills. Also, unexpected situations may occur occasionally and large sums of money have to be invested in them. Such situations, together with the impossibility of sustaining a family when the bills, [...]]]></description>
			<content:encoded><![CDATA[<div id="article-content">
<p style="text-align: justify;">Paying rent when your salary is not as high as you would want it to be is sometimes really interfering with other debts and bills. Also, unexpected situations may occur occasionally and large sums of money have to be invested in them. Such situations, together with the impossibility of sustaining a family when the bills, rent or mortgage are too high are all good reasons to seek some help and get a loan. Banks are more than happy to help, because they can make great profit off the interest, even if they give you a good deal. However, if your credit is not in its best shape, interest rates will grow dramatically, and you might not even afford to pay those rates, ending up with even more debts than you had before. But what if you want to get a loan with no credit?</p>
<p style="text-align: justify;">One thing is sure and that is the fact that banks will always be interested in checking your credit history. This way, they can assess your trustworthiness and see whether bigger or lower interest should be applied to your repayment plan. Unfortunately, people with bad credit history usually don&#8217;t even have a chance to get a loan from banks. Other lenders, on the other hand, will not want to know about your credit as long as you can prove that you are able to pay the money back. Normally, this money can be received immediately and all you would have to provide the lender with is proof that you are employed and that your income can cover the debt you owe them. There is the possibility of applying for a payday loan, which can usually be gotten in a day. One can even apply for such a loan online by filling a form. This is a simple procedure, but in many cases, the amount of money you can get this way is not much, since it&#8217;s destined for emergencies. It is expected from you to pay the whole amount back from your salary most times. If that&#8217;s not the case, then make sure that the interest rate is affordable for you.</p>
<p style="text-align: justify;">No matter where you get the loan you need, make sure to fully understand the company&#8217;s terms and conditions. This way you will know what to expect, what you have to pay back and when and whether you can afford closing the deal or not. If you have a good job, no unpleasant surprises will happen.</p>
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		<title>How To Make Money</title>
		<link>http://www.piransterdam.org/430/how-to-make-money.html</link>
		<comments>http://www.piransterdam.org/430/how-to-make-money.html#comments</comments>
		<pubDate>Sat, 28 Jan 2012 09:19:09 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance Helps]]></category>

		<guid isPermaLink="false">http://www.piransterdam.org/?p=430</guid>
		<description><![CDATA[It&#8217;s the age old question and one not easily answered &#8211; how to make money. There are as many ways to make money as there are people to make it &#8211; how you eventually go on to make it depends on you. Nothing happens until something is sold This oft repeated adage is the bedrock [...]]]></description>
			<content:encoded><![CDATA[<div id="article-content" style="text-align: justify;">
<p>It&#8217;s the age old question and one not easily answered &#8211; how to  make money. There are as many ways to make money as there are people to  make it &#8211; how you eventually go on to make it depends on you.</p>
<p>Nothing happens until something is sold</p>
<p>This  oft repeated adage is the bedrock upon which economics professors have  been teaching econ 101 upon since there were schools to teach it. In  order to generate money, you need to give someone something they want,  or provide a service they need. This is the consummation of a sale, and  that is the beginning of how to make money.</p>
<p>Find a need, and fill it</p>
<p>Taking  the last statement to its logical conclusion, one has to simply find a  need and meet that need and the resulting transaction will generate  money. If it sounds simple, that&#8217;s because it is simple &#8211; deceptively  simple. Most people never grasp this concept and continue to wonder why  the prospect of making money eludes them. Whether the need you are  filling is labor that someone else requires, a product, or a service,  the mechanics how to make money is all around you &#8211; you just need to  look.</p>
<p>Labor</p>
<p>The easiest way to make money is to do a job  that someone requires, and is paying you to do. This is called  employment, simply put. Most everyone from the lowliest janitor to the  Fortune 500 company CEO understands this principle. What people on the  lowest rungs of the employment ladder usually miss, however, is the laws  of supply and demand. The janitor in the previous example is doing a  job literally hundreds of thousands of people can do. The skill set he  needs to possess in order to do that job comprises a short list, and  many people who aren&#8217;t janitors already possess most of those skills.  This means he is not in demand, and is paid accordingly. The CEO on the  other hand, has skills that few in the country possess &#8211; perhaps a few  dozen at most &#8211; and these skills are prized and therefore more valuable.  Note to self: acquire skills that are in demand, and you will realize  how to make money.</p>
<p>Products and services</p>
<p>When labor is taken  out of the equation, we realize that each of us requires certain  products or services regardless of our social station. The janitor will  require toilet paper as will the CEO, and nowadays they probably buy the  same brand. Therefore, it only seems fitting that an individual who  makes toilet paper can sell to both, and generate a profit. The same  goes for services &#8211; both janitor and CEO will need dental work at some  point, and there will be a dentist around to serve them both, and charge  them accordingly. Note to self: How to make money involves making  something someone needs, or providing a service that someone needs.</p>
<p>It&#8217;s  stunning to imagine that there are only three methods involved in how  to make money, fundamentally. Make a product, perform a service, or  provide labor. You can&#8217;t count interest bearing investments, because you  need to supply money for those to make money. Making money from nothing  will always involve those three things &#8211; so what are you waiting for??</p>
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		<title>Improving Your Credit Score</title>
		<link>http://www.piransterdam.org/428/improving-your-credit-score.html</link>
		<comments>http://www.piransterdam.org/428/improving-your-credit-score.html#comments</comments>
		<pubDate>Fri, 30 Dec 2011 09:17:45 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[finance]]></category>

		<guid isPermaLink="false">http://www.piransterdam.org/?p=428</guid>
		<description><![CDATA[If you are thinking of improving your credit score, there are steps you can take to do so, but you must be aware that improving credit takes time and there is no easy or quick fix for bad credit. It can be helpful to remember that it took time for you to get into the [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">If you are thinking of improving your credit score, there are steps  you can take to do so, but you must be aware that improving credit takes  time and there is no easy or quick fix for bad credit. It can be  helpful to remember that it took time for you to get into the situation  where you have a bad credit score, so it will also take time to get  yourself out of this situation. There are many companies out there who  claim that they can fix your credit or remove bad credit ratings or  negative credit items from your report. It is important for you to know  this is false advertising.</p>
<p style="text-align: justify;">The only way to improve your credit  score is to follow the guidelines for good credit for a period of time.  There is a legal date of expiration after which negative items must be  taken off your credit report. There is no shortcut and no way to get  these items removed quicker. So what are the ways of improving your  credit score? The first is very simple. Just pay your bills on time and  in full. This can be difficult and it might require sacrifice, but you  must adopt timely and complete bill paying practices in order to  establish good credit.</p>
<p style="text-align: justify;">If you can&#8217;t pay your bills on time for  some reason, you should always pay at least the minimum amount due. This  will be the least likely to harm your credit score in the long run.  Reduce the overall amount of debt that you are in. Be sure you put  paying your debt ahead of other things in your life. The sooner your  debt is paid, the sooner you&#8217;ll be able to buy the other things you want  and keep the money you are earning, as well as improving your credit  rating.</p>
<p style="text-align: justify;">Another thing to remember when you are focused on  improving your credit rating is that you should keep your credit card  balances low and never go over the credit line. The more you go over the  credit line, the worse your credit will be. In general, you want to be  very attentive to how you are using your credit. Try not to make too  many applications for credit. Applying for a credit card and getting  rejected, for instance, can cause a negative mark to show up on your  credit. These methods will help you improve your credit.</p>
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		<title>Get Your Perfect Loan Now</title>
		<link>http://www.piransterdam.org/440/get-your-perfect-loan-now.html</link>
		<comments>http://www.piransterdam.org/440/get-your-perfect-loan-now.html#comments</comments>
		<pubDate>Mon, 26 Dec 2011 04:55:42 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Loans]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[cash]]></category>
		<category><![CDATA[fast funding]]></category>
		<category><![CDATA[loans]]></category>
		<category><![CDATA[merchant loans]]></category>
		<category><![CDATA[money]]></category>

		<guid isPermaLink="false">http://www.piransterdam.org/?p=440</guid>
		<description><![CDATA[What does it take to propel one’s business, your business in this matter? That’s right; it is nothing other than the money itself. This could be a very easy question for you, especially if you do own a business to run for yourself. But now, this is the somewhat more troublesome question: how do you [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">What does it take to propel one’s business, your business in this matter? That’s right; it is nothing other than the money itself. This could be a very easy question for you, especially if you do own a business to run for yourself. But now, this is the somewhat more troublesome question: how do you get that money to expand your business? Some of you might readily answer with loans or similar services. Fine, you get it right again. But, now is the most troublesome question: how do you get the loan that is easy, fast and, most importantly, beneficial?</p>
<p style="text-align: justify;">Now, that is the question that troubles most of you. You know that getting loans is certainly easy, but you do know also that getting such perfect <span style="text-decoration: underline;"><strong><a href="http://www.merchantcashgroup.com/">Fast funding</a></strong></span> monetary lending that is easy and beneficial at the same time will mean everything but easy. That is certainly the case if you happen to never realize that getting such a perfect loan for your own business is all that is possible, doable, and most importantly, profitable.</p>
<p style="text-align: justify;">With these <span style="text-decoration: underline;"><strong><a href="http://www.merchantcashgroup.com/">Merchant loans</a></strong></span>, you get more benefits than just a ready money in cash. First this loan is quick to approve. That means, you need not to wait days, even months, just to hear for your approval for the loan. In fact, it could be at the very same day you are applying for it! Then, if fast is not enough, this loan is also easy to get. Yes, you are thinking it correctly, though, what’s the use of fast money if it is so difficult to get? But that is certainly not with this loan. With approval rate that goes up to 80 percent on the figure, you could certainly expect to get the easy money even if this is your very first application!</p>
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		<title>My First Taxes, and Visions of IRS Collections</title>
		<link>http://www.piransterdam.org/426/my-first-taxes-and-visions-of-irs-collections.html</link>
		<comments>http://www.piransterdam.org/426/my-first-taxes-and-visions-of-irs-collections.html#comments</comments>
		<pubDate>Wed, 30 Nov 2011 09:16:23 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[finance]]></category>

		<guid isPermaLink="false">http://www.piransterdam.org/?p=426</guid>
		<description><![CDATA[While I was in college my parents did my taxes, since I didn&#8217;t have any real income. But when I entered the real world, they told me it was over. They were done with it. I was nervous. Taxes? Doesn&#8217;t that involve tens of hours sitting in front of spreadsheets and gnawing on fingernails while [...]]]></description>
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<p>While I was in college my parents did my taxes, since I didn&#8217;t  have any real income. But when I entered the real world, they told me it  was over. They were done with it. I was nervous. Taxes? Doesn&#8217;t that  involve tens of hours sitting in front of spreadsheets and gnawing on  fingernails while trying to sharpen a broken pencil? The whole while the  impending tax date tick-tocking ever closer; &#8220;You can&#8217;t escape it,&#8221; my  dad laughed. &#8220;Death and taxes, those are the only things you can&#8217;t  escape.&#8221; Way to make me feel better about it Dad.</p>
<p>But when they  started handing out those W-2 forms I thought it would be better to get  it out of the way while I could. I started up the tax software on my  computer, easy enough. I know how to use computers and follow  directions. There were a couple of tricky parts like when it said please  report all earnings over the past year. My new job was one thing. I had  all the paperwork for that. But when it came to the fifty bucks my  neighbor paid me to watch his cat for a week I felt kind of guilty for  not reporting it, but it wasn&#8217;t a real job, it was more like a favor for  a favor, and you can&#8217;t tax favors, right? Besides he didn&#8217;t have any  W-2 forms for me.</p>
<p>I had visions of IRS collections showing up at  my door with bazookas and dark sunglasses saying, are you the guy who  didn&#8217;t report the cat-sitting fees you collected? Get &#8216;im boys. And me  wailing as the two SWAT IRS collections officers grab my arms and haul  me into the back of a truck; But I called my gramma to ask her if I  could get away with it and she laughed at me. Fifty dollars, she said.  The IRS has bigger fish to fry than you, sonny-boy. My gramma&#8217;s age and  wisdom on the subject made me feel much better. But then, the best part!  Since I am a poor graduate, I was able to make money from government  refunds. Apparently, people like me are bottom-feeders of society and  need to pay less taxes than the big spenders who work on Wall Street.</p>
<p>The  government was not taking any taxes, but was instead giving me back the  taxes I&#8217;d already paid! And this was not like eight dollars &#8211; it was  some serious cash. The guilty visions of my failed payment arrangement  gave way to me sitting on a Hawaiian beach with daiquiri in hand. Taxes  weren&#8217;t so bad. It didn&#8217;t take but an hour. I made money. And the IRS  collections team was never dispatched to take me to debtor&#8217;s prison.  Yet.</p>
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		<title>Remittances &#8211; A Glance on Its Impact</title>
		<link>http://www.piransterdam.org/424/remittances-a-glance-on-its-impact.html</link>
		<comments>http://www.piransterdam.org/424/remittances-a-glance-on-its-impact.html#comments</comments>
		<pubDate>Sun, 30 Oct 2011 09:14:59 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[finance]]></category>

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		<description><![CDATA[Remittance refers to a money send or transfer by migrants to their home country primarily to support families back home. There are various methods in which a migrant transfer money. The common methods have been through banks, credit institutions or money transfer companies. For many years the impact of remittances has often been overlooked and [...]]]></description>
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<p>Remittance refers to a money send or transfer by migrants to  their home country primarily to support families back home. There are  various methods in which a migrant transfer money. The common methods  have been through banks, credit institutions or money transfer  companies.</p>
<p>For many years the impact of remittances has often been  overlooked and even uncounted. As the scale of migrants have increased  significantly in the past few years, the impact of remittances is  recognised in all developing countries of the world, which constitutes  an important flow of foreign currency. Remittance is in fact the second  largest financial inflow to many developing countries. Remittances are  considered a vital medium of financial support that directly influences  the income of migrants&#8217; families. It also directly contributes to  household income, allowing better standard of living and enables higher  investment in business.</p>
<p>As per the World Bank&#8217;s latest Migration  and Remittances Factbook 2011 report the remittance flows are expected  to reach $440 billion by the end of 2011. The growth in the expatriate  population in the high-income countries like United States, Russia,  Germany, Saudi Arabia, and Canada remain the main source of remittances,  migration in these countries in the recent years have increased  significantly.</p>
<p>According to the Factbook 2011 report, the top  immigration countries relative to population are Qatar followed by  Monaco, the United Arab Emirates, Kuwait and Andorra. As per the World  Bank report, remittances to developing countries will rise further in  2011 and 2012, possibly exceeding $370 billion in two years&#8217; time.</p>
<p>According  to the World Bank facts and figures the inflow of income via  remittances brings financial stability for middle to low-income  households as the money is used primarily to cover the daily expenses.  The current economic studies have also claimed that the spending on  consumption generates lasting economic development. The increase in  household expenditures via remittance can have a direct and positive  effect in the economy of a country as it can boost the ongoing demand  for consumer goods and services, which, in turn, triggers production and  results in the creation of new jobs. This theory has already been  supported by economic analysis which shows that remittance can act as a  catalyst to reduce the level and severity of poverty. The theory also  supports the fact that increases in spending have a multiplier effect.</p>
<p>The  inflow of money through international migrants not only fill the  coffers of private households but it also reduces the foreign exchange  deficiency of a country, hence strengthen the financial condition of the  country in the way. Whether in the long run it is an effective means to  improve economic growth or can be reckoned as future solution on  combating poverty is another question which still needs to be look at.  But as long as remittance flows continue it will continue to benefit the  life of people receiving the remittance.</p>
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