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A Simple Guide on How to Use Cannabis Oil

July 26, 2023 By Susan Paige Leave a Comment

Cannabis or CBD oil is becoming increasingly popular because it might help with specific health issues. It’s made from the cannabis plant and has cannabinoids that can work with our body to make us feel better and balanced.

If you’re considering trying cannabis oil to improve your health, this guide will show you how to use cannabis oil safely and in a way that works well. Keep reading to find out more!

Understanding Cannabis Oil

Cannabis oil comes from the marijuana plant and has cannabinoids like CBD and THC. CBD oil has only a bit of THC and won’t make you feel high, while THC-rich oils can make you feel that way. Most cannabis oils you can buy are CBD-based and are used by many people because they help with specific health concerns.

Choose High-Quality Cannabis Oil

When you buy cannabis oil, pick a good brand that shows their lab testing results from outside testers. Good oils are clean and safe, ensuring you get a product that works well and won’t harm you.

Determine the Right Dosage

The amount of cannabis oil you need might be different from others and depends on what you’re trying to treat. It’s best to start with a small amount and slowly increase it until you find the right dose. Talking to a healthcare expert who knows about cannabis can also help you determine the best dosage.

Mixing with Food and Beverages

You can mix cannabis oil with your food and drinks, which is an easy way to take it. Just remember that it might take longer to work when you eat it with food because it needs to go through your digestive system. Adding cannabis oil to smoothies, salads, or your favorite meals is an excellent way to include it in your daily routine.

Topical Application

You can use cannabis oil directly on your skin to relieve specific areas. It works by interacting with particular receptors in your skin, which might help with muscle soreness, joint pain, and skin issues.

Before applying the oil, make sure to clean the area, and then gently massage the oil onto your skin. If you want to know more, you can learn more here too.

Vaping

Vaping cannabis oil means breathing in the vapor when the oil is heated in a vape pen or vaporizer. It works quickly because the cannabinoids go into your bloodstream through your lungs. But remember that vaping might not suit everyone because it can have health risks.

Safety Precautions

Before you use cannabis oil, knowing if it’s legal where you live is crucial. CBD is legal in many places, but oils with more THC might have stricter rules.

Also, if you are pregnant, nursing, or taking medicine, talk to your healthcare provider before using cannabis oil. They can give you the best advice for your situation.

Learning How to Use Cannabis Oil Effectively and Safely

To sum up, cannabis oil can be a good part of your health routine if you use it the right way. You can apply it to your skin, mix it with food, and start with a small amount, then increase it if needed.

Always pick good-quality oils and ask for help from experts if you need it. Following this easy guide on how to use cannabis oil can ensure you get the most out of it while staying safe and healthy.

Did you like this article? If yes, visit our blog for more helpful content to read.

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5 Tips to Remember When Investing in Precious Metals

July 25, 2023 By Susan Paige Leave a Comment

 

Investing in precious metals offers an effective means of expanding your investment portfolio. These metals have a long-standing reputation for retaining their value and acting as a secure haven during uncertain economic times. Investing in metals necessitates thoughtful deliberation and expertise. Here are tips to keep in mind when thinking about investing in precious metals.

  1. Familiarize Yourself with the Various Types of Precious Metals

Gold is widely recognized as a trustworthy store of value and an anti-inflation hedge. Silver serves both as an industrial and precious metal, with its price influenced by both factors. Platinum and palladium are predominantly employed in the automotive industry, and their prices are driven by supply-demand dynamics. You can use this comparison from Oxford Gold Group to find the suitable investment option depending on your needs. By comprehending the unique features and market dynamics of each metal, you can make more informed investment decisions.

1.Establish Your Investment Objectives and Risk Tolerance

Similar to any investment endeavor, it is essential to clearly define your investment objectives and ascertain your risk tolerance when venturing into metal investments. Understanding your objectives and risk tolerance will aid in selecting an appropriate investment strategy. For instance, if you lean toward risk aversion, allocating a smaller portion of your portfolio to metals may be preferable. Conversely, if you aspire to higher returns and are willing to embrace greater volatility, you might opt for a more substantial allocation.

2.Determine the Preferred Form of Investment

Metals can be acquired in various forms like physical bullion and bars. Exchange traded funds (ETFs) have also become an option for many investors. Each form presents its own advantages and considerations. Investing in physical bullion offers the advantage of direct metal ownership but entails concerns regarding storage and security.

Coins and bars are more easily tradable but may entail higher premiums. ETFs enable exposure to metals without necessitating physical possession, yet they carry their own set of risks. When determining the form of investment, take into account your preferences, liquidity requirements, and storage capabilities.

3.Conduct Research on Market Patterns and Timing

Timing can prove critical in metal investments. Numerous factors, including current geopolitical events and economic situations, can influence the price of precious metals. Stay informed about market trends, closely monitor price movements, and conduct thorough research prior to making investment decisions. Important metals are a long-term investment. If you think they’ll hold their worth in the future, short-term price swings shouldn’t deter you.

4.Foster Diversification in Your Investment Portfolio

 

Diversification stands as a fundamental principle in investing, and this principle holds true for metals as well. Although metals can act as a hedge against economic downturns, it is crucial not to concentrate all your assets in a single avenue. This diversification can help adopt a balanced approach to your investment strategy.

Endnote

Investing in metals can serve as a valuable addition to your investment portfolio. You may choose investments more wisely and strategically if you are familiar with the many kinds of metals and have determined your investment goals and risk tolerance. Purchasing expensive metals should not be considered as a quick way to get rich. It is a long-term plan for asset preservation and diversification.

 

Filed Under: Uncategorized

5 Facts to Keep in Mind About Estate Planning

July 17, 2023 By Erin H Leave a Comment

Estate planning is a critical aspect of personal finance that allows individuals to protect their assets while providing for their loved ones and ensuring their wishes are honored upon death. Regardless of wealth, estate planning is an important process that everyone should undertake. There are many considerations to keep in mind when embarking on estate planning.

1. Seek Professional Guidance

Estate planning and personal finance decisions are often complex. As a result, they are often best addressed with the guidance of experienced professionals. Navigating the finer details of estate planning requires expertise in legal, financial, and tax matters.

When you seek professional guidance, you can feel confident that your estate plan is thorough. It will also be compliant with all laws and regulations. Your estate plan will also be tailored to your specific circumstances. Professionals such as estate planning attorneys, financial advisors, and tax specialists can provide valuable insights and help you make informed decisions to protect your assets and fulfill your goals.

2. Keeping Your Plan Current

Once you have created a comprehensive estate plan, it is recommended that you update your estate plan once every five years unless significant life events occur, such as marriage or relocation to another state. By maintaining an up-to-date estate plan, you’re ensuring that it reflects changes in your circumstances. This is also the best way to make sure that your estate plan is in alignment with your wishes.

As your personal finance outlook changes, your estate plan may also need to change. By revisiting your plan regularly, you can ensure that it remains relevant, addresses any new considerations, and adapts to the evolving needs of your family and beneficiaries.

3. Estate Planning is for Everyone

Approximately 77% of American adults believe that estate planning is important for everyone, regardless of their wealth, according to LegalZoom. Estate planning goes beyond wealth preservation. It is an important strategy to protect your assets and provide for your loved ones. You’re also able to have control over the distribution of your estate.

Regardless of the size of your estate, estate planning allows you to ensure that your wishes are respected and reduces potential conflicts among beneficiaries. As your personal finance situation changes, your estate plan can change with it.

4. Estate Tax Exemptions

You are exempt from federal estate taxes as long as your estate is valued at more than $5.43 million (or $10.86 million for a married couple). When you have an understanding of estate tax thresholds, you can create a more effective estate plan.

By staying within the exemption limits, you can reduce the potential tax burdens on your estate. This also means that you’re able to maximize the amount passed on to your beneficiaries. However, it is important to consult with a professional to comply with tax laws and make the most of any strategies that provide savings on taxes.

5. Common Pitfalls to Avoid

There are some common pitfalls in estate planning. They often include inadequate beneficiary designations, failure to update documents, and poor communication among family members. To avoid these problem areas, a comprehensive estate plan should include updated beneficiary designations and regular document reviews.

You should discuss your wishes openly and transparently with your family. This helps prevent misunderstandings and allows your estate plan to be executed smoothly. Estate planning is a constantly changing process. It would be best if you revisited it regularly as your life changes.

You must invest time and effort into effective estate planning. This allows you to have financial security, protect your legacy, and provide peace of mind for yourself and your loved ones. Most importantly, you want to review your estate plan regularly.

Filed Under: Uncategorized

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