Archives July 2022

The 5 Advantages Bitcoin Has Over Fiat Currency

Bitcoin has been around for about a decade and it’s still going strong. This success can be attributed to the many advantages that bitcoin offers over traditional fiat currencies such as United States’s national currency – dollars, pounds sterling, yen, etc. As bitcoin becomes more and more popular, more and more people are investing in it – including investors who traditionally invest in fiat currency. Bitcoin has a lot of advantages over traditional currencies, which is why investors are starting to switch their money into bitcoin. In this article, you will find five reasons why bitcoin is a better investment than traditional fiat currency!

1. Bitcoin Is Decentralized

The value of Bitcoin has been steadily rising over time and it’s due to the fact that there are only 21 million bitcoins out exist in total. Unlike fiat currencies which can be printed by governments when they see fit, this currency relies on math problems solved with computer software called “mining.” Miners solve these algorithms for coins; you cannot devalue them like regular money because only so many will ever come into existence!

-Bitcoin Is Global

Another advantage bitcoin has over fiat currency is that it is not subject to the same economic conditions. For example, if the United States economy tanks, the value of the US dollar will drop. However, bitcoin is not linked to any one country’s economy! This means that bitcoin can be a great hedge against economic instability.

-Bitcoin Is Private

When you use bitcoin, your transactions are anonymous. Fiat currency is regulated by governments and financial institutions, which means that they can track your spending and transactions. With bitcoin, you have a high degree of privacy and anonymity.

2. Extremely Easy To Use

Opening bank accounts is not a simple thing to do. You’d have to go to your bank, wait in line, fill out forms, submit your IDs, etc. It’s a time-consuming process. But with Bitcoin, all you need to do to get started is just create a free soft wallet or hard wallet, and that’s it! You’ll then be able to receive your first bitcoins in just a few minutes.

-Bitcoin Is More Secure

Fiat currency is stored in physical form, which makes it vulnerable to theft and loss. But bitcoin is stored in a digital format using blockchain technology, which makes it much more secure. In addition, bitcoin transactions are irreversible, so you don’t have to worry about charge backs.

3. Fast Transactions

Imagine if you could send money 24/7 to someone in another country without worrying about how much it would cost or whether they accept payments via credit card. With Bitcoin, this is now possible! You can conduct international transactions instantly and with complete privacy using the bitcoin network—at a very low fee, because everything happens on-chain without a middleman. The speed of transaction confirmation also blows traditional banking outta water; most banks take hours whereas one block height takes less than 10 minutes. Banks are open for business during certain hours of the day on weekdays (some banks are open on weekends, but they’re far and few in between). But with Bitcoin, you can transact with anyone, any time of the day, wherever you and the other person may be located. Your bitcoins will arrive in just a few minutes.

4. Highly Portable And Durable

Since bitcoins are electronic, they can’t get burned down by fire, and they’re not going to get wet in water. You can bring them anywhere with you, and they won’t even take too much space. Whether you have an online wallet, or an offline wallet, your bitcoins are easily within reach anytime you wish. Another advantage bitcoin has over fiat currency is that it can be used as a hedge against inflation. For example, if you live in Venezuela where the annual inflation rate is currently over one million percent, your savings are worth less and less each day. But if you hold bitcoin, your savings will maintain their purchasing power since the bitcoin network is not subject to the same inflationary pressures as the Venezuelan economy. In fact, bitcoin has shown to be a relatively stable store of value over time, despite its volatility. This makes it an attractive investment in times of economic uncertainty.

5. No More Exorbitant Bank Fees

Bank fees are the bane of anyone who has ever done any business with a bank. You want to have a bank account to store your money in, you need to pay fees. You need to use or withdraw your money, you need to pay fees. You want to send funds to someone else, you pay bank fees. The list goes on and on. But with Bitcoin, you’re bypassing all these fees. Digital wallets are free, and transaction fees are very, very minimal. To put things in perspective, the median transaction fee for Bitcoin is currently $0.26. The median transaction fee for Ethereum is $0.21. For comparison, the median transaction fee for Visa is $1.14 and for Mastercard, it’s $0.32. So not only are you avoiding all the fees that come with traditional banking, you’re also getting cheaper and faster transactions. Bitcoin has a lot of advantages over fiat currency. It’s more secure, faster, and more portable. It can also be used as a hedge against inflation. And perhaps most importantly, it eliminates the need to pay exorbitant bank fees. If you’re not using Bitcoin yet, now is the time to start.

Bitcoin is a digital currency that is decentralized, meaning it is not subject to government or financial institution control. This makes it an extremely attractive option for people who are looking for an alternative to traditional banking and its exorbitant fees. Bitcoin transactions are also incredibly fast and easy to use, making it a great choice for anyone who wants to be able to move their money around quickly and easily. And finally, because bitcoins are digital and portable, they can be stored on virtually any device without taking up any extra space. If you’re looking for a way to avoid high bank fees and want a highly portable, durable, and easy-to-use currency, bitcoin may be the perfect solution for you. To learn more about how to get started with Bitcoin, check out our guide, How to Hedge fiat currency collection.

Disclaimer: I would like to remind everyone that I am not a professional adviser and what I share here with you is based on my own personal experiences and research, and contains subjective opinion. Thus, I  Ricardo Cortes and Consigliere Nomade, LLC are not liable for the information you decide to use or take from this site. Read, learn, surf, and form your own conclusions. If you find anything on this site that you disagree with, please contact me at [email protected]

Bitcoin Is The Future of The New Economy

Are you looking for a way to build wealth and invest in the future economy? If so, then you should consider investing in Bitcoin. Bitcoin is a digital currency that is fast and becoming integrated into the everyday lives of people living in developing countries. With unstable and hyper-inflated national currencies, bitcoins are proving to be a much more viable solution to solving the financial woes of their citizens. Here are 4 reasons why Bitcoin has a massive appeal to the masses in developing countries:

You Don’t Need Banks

In developed countries like the western world, it’s relatively easy to sign up for bank accounts and credit cards. But in the developing world, it’s a vastly different story. It’s much harder to get credit and setting up a bank account is no walk in the park. But Bitcoin changes all that. With Bitcoin, you can save your bitcoins yourself – all you need is a secure wallet to keep your digital money safe. Bitcoin also offers the opportunity to earn interest on your savings, something that is not possible with traditional banks.

In many ways, Bitcoin is the perfect money for developing economies. Bitcoin is borderless and can be used by anyone with an Internet connection. Bitcoin is also censorship-resistant, which means that it can’t be shut down by governments or financial institutions. Also keep in mind that Bitcoin is deflationary not like government currency(no printing), which means that its value will only go up over time.

So if you’re looking for an alternative to traditional banking, Bitcoin is definitely worth considering. With Bitcoin, you can take control of your finances and build a better future for yourself and your family.

Fast, Cheap, and Borderless Payments

With Bitcoin, you can send any amount of bitcoin to anyone in the world in a matter of minutes. When you send money through banks you not only pay those costly bank fees, but you also need to wait for several hours or a few banking days. But with Bitcoin, as we’ve mentioned previously, you don’t need banks to send or remit payments to other people. All you need is their bitcoin address and voila! Your payment should arrive in the next 10 or so minutes. Bitcoin also does not require the use of banks, which makes it more beneficial for those living in developing countries where banking infrastructure may be lacking.

Furthermore, Bitcoin transactions are very cheap. When you send a Bitcoin transaction, you only need to pay a small fee to the network. The fee is used to incentivize miners to include your transaction in the next block. And since Bitcoin is decentralized, there are no third-party fees. This is in contrast to traditional payments which often involve high fees, especially when sending cross-border payments. Overall, Bitcoin provides a much cheaper and faster way, period.

Bitcoin Can’t Be Manipulated By Anyone

Governments and banks can dictate the production and movement of their national currencies which ultimately leads to inflation. Unlike fiat currency, however, Bitcoin is a decentralized virtual currency. This means there is no controlling entity that tells the Bitcoin network what to do. Everything has been hard-coded into the network and the underlying technology behind Bitcoin, the blockchain, is tamper-proof and can’t be manipulated by anyone, not even its developer, Satoshi Nakamoto.

What this ultimately means is that Bitcoin can’t be manipulated or censored by anyone. This is a major advantage for Bitcoin, especially in developing countries where government corruption and financial manipulation are rampant.

-Bitcoin Is A Store Of Value

Inflation is a big problem in developing countries. As we’ve mentioned before, governments can print as much money as they want, which leads to the devaluation of their currency. This is a major problem for people living in these countries as their savings and earnings are constantly being eroded by inflation. Bitcoin, on the other hand, is deflationary. This means that there will only ever be 21 million bitcoins in existence and that the number of bitcoins in circulation will always be decreasing. As demand for Bitcoin increases, so does its price. This makes Bitcoin a much more stable store of value compared to fiat currencies.

-Bitcoin Provides Economic Opportunities

In developing countries, there are often very few economic opportunities available. But with Bitcoin, anyone with a computer and an Internet connection can start earning Bitcoin. There are several ways to do this, such as through Bitcoin mining or Bitcoin trading. Bitcoin also provides new opportunities for businesses and entrepreneurs. For example, Bitcoin can be used to start a business or provide services without the need for a bank account. This is a major advantage for people living in countries where banking infrastructure is lacking.

Bitcoin Will Help Authorities Catch Criminals

Contrary to popular belief, Bitcoin is not anonymous. Rather, it is a pseudonymous currency because while your alphanumeric public keys provide a certain level of anonymity, computer experts can trace who owns which wallets and the number of bitcoins each wallet contains. Now the masses who make small transactions don’t have anything to worry about. It’s the criminals who move large amounts of bitcoins that catch authorities’ attention, and it’s who they focus their research on, not the millions of people who make minute transactions.

Now that you know all the amazing benefits of Bitcoin, it’s time to start thinking about how you can start earning Bitcoin. One way to do this is by visiting our Bitcoin profits collection from Consigliere Nomade. This collection provides a number of ways for you to start earning Bitcoin, such as through mining, trading, and even earning interest. So what are you waiting for? Start exploring today and see how you can start profiting from the world’s first digital currency!

Disclaimer: I would like to remind everyone that I am not a professional adviser and what I share here with you is based on my own personal experiences and research, and contains subjective opinion. Thus, I  Ricardo Cortes and Consigliere Nomade, LLC are not liable for the information you decide to use or take from this site. Read, learn, surf, and form your own conclusions. If you find anything on this site that you disagree with, please contact me at [email protected]

Women in front of her new home

How To Budget for a House

Are you a first-time home buyer who’s worried about the process and costs? You’re not alone.

But don’t worry, we’re here to help! In this blog post, we’ll give you tips on how to budget for a house, from saving money beforehand to understanding your expenses during and after the purchase. So read on, and get ready to buy your dream home!

Saving money for a down payment is one of the biggest hurdles to buying a house, but it’s not the only expense you’ll need to budget for. There are also closing costs, which can range from 2-5% of the purchase price of the home, depending on the state you’re buying in. In addition, you’ll need to factor in the cost of any inspections and repairs that may need to be made.

Then there are the ongoing costs of owning a home, such as property taxes, insurance, and maintenance. These can vary widely depending on the type of home you buy and where it’s located.

So how do you budget for all of these costs? First, start by saving as much as you can for the down payment and closing costs. Aim to have at least 20% of the purchase price saved, so that you’re not taking on too much debt. Next, get an estimate of the monthly expenses you’ll need to budget for by using a mortgage calculator. Finally, make sure to have an emergency fund in case anything unexpected comes up. With these tips in mind, you’ll be well on your way to budgeting for a house like a pro! Now lets explain what was just mention in more detail.

How To Determine a Budget for a House

Is your mindset ready to become a homeowner? There are some things you need to take care of before you can purchase your first home.

1. Emergency fund: Make sure you have at least 6-12 months of living expenses saved up in case of an emergency.

2. Retirement savings: Have your retirement savings on autopilot so you’re not scrambling to save later on.

3. No credit card debt: Pay off any outstanding balances so that your monthly payments aren’t eating into your budget for a new home & your utilization ratio will look good on your credit report when you enter the underwriter process of buying a home.

Once you’ve taken care of those essentials, it’s time to start thinking about the process of buying a home. Here are some tips:

– 2 reasons to get pre-approved letter from a mortgage loan company. First so you know how much you can afford and not waste your time looking at houses out of your price range. Second showing proof to realtor and sellers you are serious buyer.

-Keep closing costs on your mind when shopping around for mortgages loans. Always read and look for the percentage of the closing cost this is very important to your budget.

-Timing is very important because fluctuations in the housing market. The home of your dreams might not be affordable one day if the market takes a downturn when you’re in the process of buying it.

-Do not ignore the maintenance and repairs of a home. Make sure you plan a budget for them when your considering the long-term costs of a property.

Down Payment

You may still be wondering how much money you’ll need for a down payment lets discuss this now.

Most lenders will require you to save 3.5% to 20% for a down payment, depending on your credit history and the mortgage type. Investigate down-payment assistance options to help increase your down payment savings like FHA programs.

Your credit report is one of the biggest factors that lenders look at when considering your mortgage application so make sure that report looks good and show you know how to manage money.

A higher credit score indicates to lenders that you’re a lower-risk borrower(know how to manage money), which could lead to a lower interest rate on your mortgage.

You can check your credit score [AFFILIATE LINK]. [AFFILIATE LINK] offers credit scores, reports and insights to improve your score. You need to be in control of your credit.

Closing Costs

Here are three things to keep in mind when budgeting for your closing costs.

1. Lender’s origination fee: This is the fee charged by your lender to process your loan. It typically runs about 0.5%-1.5% of the purchase price.

2. Recording charges: These are fees charged by your county for recording the deed to your new home. They typically run about $30-$300.

3. Appraisal, credit report, and tax service fees: These are all one-time charges that are paid at closing. The appraisal fee typically runs about $300-$400, the credit report fee is typically around $30(if you dont have one to provide), and the tax service fee is typically around $60.

In addition to these closing costs, you will also need to pay for your down payment and any prepaid items (such as homeowners insurance and property taxes). The amount you’ll need for your down payment will depend on the type of loan you get and credit score.

Other Costs

It’s important to be prepared for the costs associated with the purchase. While you shouldn’t have to pay your buyer’s agent, remember that you may have to pay for inspections such as home, sewer, roof, mold, termite and radon inspections out of pocket. You’ll also need to present earnest money of 2% to 5% to show your seriousness as a buyer when making an offer. While your earnest money goes toward your final costs, you’ll still need fast access to that cash (and a cashier’s check).

In total, home buyers will likely need 5% to 15% of the purchase price set aside in cash for earnest money, inspections, closing, and other assorted costs. This total excludes moving expenses, which likely will vary based on whether you’re moving across town or across the nation.

Other inevitable spending that comes with moving into a new home could include new furniture, new decor, or home improvement—even if you furnish your home on a budget. These expenses can be vary expensive for a home-buyers who buying furniture, you would need to be logical & realistic on what furniture may cost you after purchasing your home.

By being prepared for the costs associated with buying a home, you can ease into home-ownership without breaking the bank and stressing. Proper planning is the secret sauce to any transition.

How Much Money Should You Have Saved After the Down Payment?

It’s important to have an emergency fund saved up in case of unexpected repairs. But how much should you have saved?

According to financial experts Dan Slagle and Brooke Keeling, you should aim to have at least three months of living expenses saved up, even after your down payment. That could mean more than $10,000 in savings. If you don not have it, then start now and look for a property that is new or closest to it. Don’t ignore this factor or it will bite you in the butt.

Of course, every situation is different, and your monthly mortgage payments might be higher than your old rent. But it’s important to have that financial cushion in place so you’re prepared for anything.

If you’re a first-time home buyer, be sure to keep this advice in mind as you start the home-buying process. It could save you a lot of stress (and money) down the road.

Saving for a House on a Budget

It’s important to know how much money you need to save in order to buy a house. In this part of the article, we’ll help you figure out your budget and give you tips on how to save money for a down payment. We’ll also show you ways to speed up the process of saving for a new home. So read on and get started!

When you’re trying to save money for a down payment on a new home, it’s important to have a budget in mind. To figure out your home-buying budget, calculate how much you need for a down payment like we discussed and initial expenses to purchase a new home—for example, $40,000. If you have $10,000 now, calculate how long it will take to save the rest of the $30,000 when you’re making monthly contributions toward your goal.

If you don’t like how slow that progress may be, cut spending or boost savings or both. If your really motivated start a side hustle and put that cash into the house budget. Save your, tax refunds, birthday money, holiday gifts, and more. If need be sell unwanted stuff on the marketplace.

We suggests establishing a separate savings account labeled “House Fund.” This way, it will not be tide up with any other expenses you may have and accidentally spend it. Seeing this separate account growing will motivate you even more to stick with your action plan to saving for your new home.

Pick a dollar amount and automate it into separate savings for your home-buying fund, CFP Katie Brewer of Your Richest Life financial planning said. If there is any extra money (from bonuses, tax refunds, or any other source), put a portion of that extra money into the home-buying fund.

Saving for a new home doesn’t have to be difficult, stressful or slow – by following these tips, you can reach your goal in no time!

Where To Save

When it comes to saving money for a down payment on your first home, where you put that money is important. Here are three tips to get you started.

Tip 1: A stable cryptocurrency like USDC and store in a hardware wallet like Ledger Nano X

Tip 2: If you’re planning to purchase a home more than a year from now, parking your money in a stable cryptocurrency in a platform like BlockFi may be a suitable option for you.

Tip 3: Keep in mind with BlockFi Interest Account (BIA) the monthly interest earned goes back to the original pool and continues to compound monthly.

Saving for a down payment on your first home can seem daunting, but by following these tips, you can get started on the right foot. For more information on saving for a home, talk to your financial advisor.

Preparing for Household Expenses

According to the National Association of Realtors,  36 percent of all home buyers in 2018 were first timers. That’s up from 32 percent in 2017. So what are some of the expenses you can expect when purchasing your first home? Here’s a quick rundown:

-Monthly house payment

-Homeowners association (HOA) fees

-Lawn equipment, grass seed, mulch, plants, possibly pest control

-Utilities: water, gas, electricity, trash/sewer

-Home maintenance and repairs

-Contents insurance

-Property taxes

For more detailed information on each of these items, be sure to check out our full breakdown of monthly home expenses. And remember, you’re not alone in this process – we’re here to help you every step of the way.

Mortgage Payment

If you’re a first-time home buyer, it’s important to understand how your mortgage works.

Here are four things you need to know:

1. Your mortgage principal is the amount of money you borrow from the lender.

2. The mortgage interest rate is how much interest you’ll pay on that loan each year.

3. Your property taxes will be based on the value of your home and paid to the municipality in which you live.

4. Homeowners insurance protects you from damages to your home or belongings, and is typically required by lenders.

If you’re considering buying a home, it’s important to understand all of the associated costs. Working with a financial advisor can help you navigate the home-buying process and make sure you’re getting the best deal possible on your mortgage.

Homeowners Association Fees

Are you a first-time home buyer? Wondering what homeowners association (HOA) fees are and whether or not you’ll have to pay them?

Here is some information to help you out!

– Homeowners association fees are payments made to a governing body of a condo, townhome, or specific community.

– These fees may be required in order to maintain the property and common areas

– First-time home buyers should be aware of potential HOA fees when budgeting for their new home purchase

– If you have any questions about HOA fees, be sure to ask your real estate agent or the HOA itself for more information!


Are you a first-time home buyer? If so, you may be wondering how to budget for your new home. Heating costs can vary by type (oil, electric, or gas), furnace efficiency, regional location, and season. Utility costs may be significantly higher than what you paid as a renter, particularly if those costs were rolled into your rent before. Here are a few things to keep in mind when budgeting for utilities as a first-time home buyer:

* Heating costs can vary by type (oil, electric, or gas), furnace efficiency, regional location, and season.

* Utility costs may be significantly higher than what you paid as a renter, particularly if those costs were rolled into your rent before like the sewer & water bill.

* Budget for additional costs such as internet, trash service, and cable.

* Be sure to factor in utility costs when considering the overall cost of a home.

If you’re a first-time home buyer, budgeting for utilities can be a challenge. Heating costs can vary widely depending on the type of heating system you have, how energy efficient it is, and where you live. Similarly, your water and trash service may be much more expensive as a homeowner than they were as a renter. Be sure to factor in all these potential costs when considering the overall cost of a home. You do not want a to get liens from your county because you did not pay your water bill.

Household Maintenance

Here are some tips to help you out:

1. Set aside 1-2% of your home’s purchase price for annual house repairs.

2. Be prepared to spend money on home repairs, especially in the first year after moving in a used home.

3. Try not to buy a home that needs extensive repairs like roof, structure, electrical, heating source and plumbing just to name a few. – this will only end up costing you more money in the long run. (leave these property for investor not home buyers)

4. If you are buying a fixer-upper, be sure to factor in the cost of repairs when budgeting for your new home.

We hope these tips were helpful! If you’re in need for more detail approach on buying a home feel free contact us.

Household Furnishings

If your getting ready to furnish your new home? Here are some tips to help you stay within budget:

-Look for furniture at garage sales, estate sales, and discount stores you will be surprise on what you may find.

-Set a firm limit before going into any store and keep your emotions on check!!!

-Think about what you need vs. what you want

-Consider your lifestyle when choosing furniture. For example, if you have pets, you’ll want to choose furniture that is durable and easy to clean.

Furnishing your first home doesn’t have to break the bank. With a little planning and some bargain hunting, you can find everything you need to make your house a home.

Other Expenses

First-time home buyers may be surprised by the costs of home-ownership, but it’s better to be prepared. Extra home-ownership expenses can include:

  • Garden, lawn, and walkway tools, maintenance, and improvements
  • Home security system and fees
  • Pest control services, equipment, and products
  • Cleaning supplies
  • Insulation or weatherizing materials (New Windows)
  • Appliance repair
  • Laundry products

Recurring expenses can add up, so be sure to factor them into your budget when you’re considering a home purchase. You may also want to set aside money each month in a savings account specifically for these items.

Establishing a Homeowner’s Budget and maintain It

First-time home buyer may feel overwhelmed by the prospect of creating a homeowner’s budget. But you’re not alone.

Creating a homeowner’s budget is one of the most important steps in preparing to buy a house. But it can also be daunting, especially if you’re not sure where to start.

Creating a budget is an important step in the home-buying process.

It can help you determine how much house you can afford, set expectations for monthly expenses, and making sure you have enough saved up for a down payment.

One important tip to remember is to keep a buffer for unexpected expenses.

Don’t try to do everything at once. Pace yourself and focus on the most important items first.

In this blog post, we’ve shared some tips and tricks for creating a homeowner’s budget that works for you. We also shared some common mistakes to avoid. So whether you’re a first-time home buyer or you’re looking to refresh your budgeting skills, we hope this post was helpful.

If you’re feeling overwhelmed by the prospect of creating a homeowner’s budget and if you need more personalized assistance, our team at Consigliere Nomade is always here to help. We offer a free consultation to discuss your specific situation and needs.

Contact us today to get started.

Disclaimer: I would like to remind everyone that I am not a professional adviser and what I share here with you is based on my own personal experiences and research, and contains subjective opinion. Thus, I  Ricardo Cortes and Consigliere Nomade, LLC are not liable for the information you decide to use or take from this site. Read, learn, surf, and form your own conclusions. If you find anything on this site that you disagree with, please contact me at [email protected]