Monday, May 23, 2022

What modes to use for transferring money to India from the UK?

 Funds are a source of living worldwide. You earn money to secure your future and fulfil your expectations while finding several growth opportunities in professional fields. Indians travel to foreign countries to live a bright future and secure their goals. You never forget your responsibilities and cultural values, even in a foreign land.

Every year, Indians travel abroad and initiate a money transfer to India from the UK to support their families financially. It helps improve the household’s living standards while fulfilling everyone’s desires. The following are the modes you can use for the fund transfer:

Bank transfers

The first and most convenient option for money transfer to India is through banks. With the promotion of benefits of Digital Banking, most Indians own a Bank Account. Your recipient accesses the money from an authorised ATM or visits the bank to collect money.

Mobile wallets

The majority of the mobile phone users in India use a mobile wallet to manage payments. It is an app you download on your phone which works similar to a physical wallet. It allows you to store money, pay, and send money directly to another person’s wallet or Bank Account. In transferring money from the UK to India, the cash is readily available for the receiver to spend, pay bills, or withdraw.

Money agents

Sending cash is one of the quickest ways of money transfer from the US to India. You must approach an agent, hand over the money to transfer abroad, and provide the recipient and sender details. The receiver collects it from a local agent. Consider the size of the agent network in India. Since the receiver collects the cash personally, having a broad network is an advantage.

Reasons to transfer

You transfer money to India for various occasions, including paying rent, weddings, medical expenses, etc. Since it is an important event, you ensure it goes smoothly, and your family faces no financial trouble or worries.

Cost reduction

Funds are necessary for people in all parts of the world. When you transfer money from Singapore to India through your Bank Account, you pay a fee. Find ways to reduce it and achieve affordable exchange rates while securing your transfer.

Points to note

While initiating a money transfer to India from the UK, you must pay attention to the costs, time, and network. Approaching a provider with a vast network in different countries is helpful as they are genuine and hold a good reputation.

Conclusion

It is easy to send money from Canada to India because of technological innovations. Since the remittance industry updates itself regularly, you get access to the best services. Therefore, selecting an agent or transfer company with the right expertise and reach is essential.

Preparation tips for opening an NRI Account

 As you move overseas and reside there for a period, your residential status changes. You become a Non-Resident Indian, which impacts your finances significantly. Managing your income in India requires you to modify your banking practices. This primarily involves opening an NRI Account. Banks offer this account specifically for Indians residing abroad to access funds in India.

You get two options – Non-Resident External and Non-Resident Ordinary Accounts. They let you manage foreign and Indian income, respectively. If you have both sources of revenue, you may open both accounts. The opening process for NRO online is simple. It involves minimal formalities and gets done within minutes. However, staying prepared is essential. Follow these tips:

Research

You get all the information required on the banks' websites. This makes the account opening process easier. Besides that, it gives you the power of comparison. Although the banking services are similar, banks' interest rates and requirements differ. Go through them by visiting their respective websites. This lets you make an informed choice while opening the NRO and NRE Account.

Gather documents

After finalising the right bank, going through the documentation requirements is helpful. This way, you get to arrange the paperwork beforehand. Most banks have a similar protocol for KYC documentation. They ask for your passport-sized photograph, Identity proof, PAN Card, address proof, etc. Additionally, you must submit the overseas address, work permit, passport copy, etc. Banks use this to verify your NRI status.

Leverage Digital Banking

Thanks to digitisation, you need not visit India to open an NRO Account. You get to complete the formalities from overseas. You do this either through the bank's website or application. Either way, you go through easy steps, and the account gets opened quickly. Also, maintenance is easy through banking apps. Everything happens smoothly from checking balances, making investments, subscribing to financial products, and making transfers.

Understand regulations

The Reserve Bank of India has specialised terms for regulating the NRO Account in India. You must follow the same to avoid inconvenience. This involves converting your existing resident Savings Account into NRI Bank Account. If not, the bank takes the necessary actions. It is better to take control of your hands instead. Besides, understand the rules regarding account maintenance, taxation, repatriation, etc., for smooth operation.

Decide nominee

You get the right to appoint a nominee for NRO Bank Account. However, only one nominee is permitted per account. You choose your close relative, spouse, or guardian for the same. They can either be a resident or NRI. Understand your purpose before making the decision. If you want someone from India to access your account, choosing a resident is ideal. They perform tasks on your behalf, avoiding any hassles you may face.

Wednesday, May 18, 2022

What Are The Primary Responsibilities Of A Celebrity Coach?

Celebrities and public figures are no strangers to the spotlight. They meet all kinds of media entities who want to interview them. In such a case, prepare for any question. But this is not an easy task for an untrained individual. Hence, they hire a celebrity coach. They are professionals who groom and train you for media interactions. They guide and educate you on social cues and help you channel your confidence effortlessly.

Here are their other primary responsibilities explained briefly:

1.Work-life balance

You have numerous places to be and things to do as a celebrity. If you do not manage your time efficiently, you will have no time for your personal life. But managing time is a slightly challenging task for many. This is where a celebrity coach is useful. They help you systematically allocate time for professional and personal affairs.

2.Creativity and innovation

As a public figure, people expect you to look and sound intriguing 24x7. But that is not humanely possible. Hence, they provide ideas for revamping your public image. They empower you to channel your creativity through your interviews or appearances. For this, they offer video conference training too.

3.Accountability

Irrespective of which profession you are in, it is essential to take accountability for your actions. But this works slightly differently if you are in the limelight. You have to say the right things without losing your authenticity. Thus, many celebrities seek the guidance of a coach. Since they are professionals in the field, they assist you in taking accountability. They also enable you to take the necessary steps to avoid blunders in the future.

4.Confidence and self-esteem issues

Celebrities are humans too. Like most of us, they too have days when they feel underconfident. During such times, it becomes tough to put on a show. Hence, hiring celebrity coaches is essential. They empower public figures to overcome their insecurities. They provide strategic tools to reduce work stress and anxiety. As a result, facing the cameras and media interactions becomes significantly manageable.

5.Amplifies strengths

Low self-esteem comes from the unawareness of your strengths. Considering this, a celebrity coach urges you to acknowledge your worth. They push you to do your best and give you a much-needed boost of confidence. They even act as a mirror to help you recognize your true self.  This way, you place your best foot forward. You also feel motivated to add in more work on your weaknesses. Over time, you learn ways to channel your talents effectively.

Want To Master Your Presentation Skills? Consider These Tips

We all have presented in front of an audience at some point. Regardless of what field we choose, it is essential to have good public speaking and presentation skills. They help us effectively communicate and enable us to connect with others. But many of us fail to channel these capabilities to the fullest. Hence, people opt for presentation skills coaching. It is an all-inclusive training program that empowers you to refine your presentation prowess.

It is a systematic guide to enhancing your confidence and communication. This is just one avenue of improving your presentation skills. Here are other tips:

Assess the material

The material you refer to while presenting holds prime significance. It determines just about everything. This includes how well your audience connects with you, impact, informative quotient, etc. Hence, go through the material thoroughly beforehand. Doing so helps you spot any inadequacies in the information. It also assists in making any needed changes.

Learn from experts

Nowadays, you easily find numerous videos of professional speakers online. It is a good practice to watch them and learn new tricks. This way, you self-educate at home through public speaking training. You also receive access to tips and essential lessons by observing such individuals.

Ditch cue cards

Cue cards serve as helpful tools during a presentation. But often, they make you dependent too. In their absence, you start fumbling and forgetting key points. Therefore, it is a great habit to ditch them sometimes after memorizing them. Doing so provides clarity on how prepared you are. It enhances your memory retention skills and, of course, confidence.

Make mirrors your best friend

We wonder how we look during the presentation. While you can ask your friends or family about this, it does not give you a clear picture. In such cases, your mirror is your best friend. Many great speakers and celebrities swear by practicing in front of the mirror. It helps them see their mannerisms and body language. This eventually guides them in what they should rectify. Make sure to try this before your next public speaking venture.

Prepare beforehand

Try arriving at the venue at least 15 minutes prior. Check the space and practice your presentation once or twice. This mentally prepares you for the presentation. It also gives you an idea of the aspects you could do differently.

Why Is Leadership Communication Training Essential For Female Entrepreneurs?

Today’s women are far more ambitious. They are taking on more leadership roles and driving positive changes in their workplace. The primary responsibilities that arise from this are delegating tasks and conveying administrative messages. Hence, having effective leadership communication is essential. This is when leadership communication training comes in handy. It is a training program that focuses on authoritative communication styles.

It empowers entrepreneurs to put their best foot forward and relay vital information to employees. Considering these benefits, every female entrepreneur must undergo such training. Doing so helps them in many ways:

Enhances communication style

As a leader, you want your workforce to take you seriously. For this, assert your presence and be clear about your expectations. But sometimes, it is slightly challenging to achieve this. Sometimes, you may come across as rude or even too casual. Hence, leadership communication training is essential. It teaches you to develop a strategic communication style. As a result, you learn new ways to communicate and express your point.

Prepares for media interactions

As your organization grows, you become no stranger to media interactions. Many publication houses and media outlets approach you for interviews. In such cases, it is equally crucial to establish your leadership presence. Comprehensive leadership communication training assists with it. It offers all-inclusive media coaching to make your interviews impactful. You also get valuable insight into how to make media interactions engaging.

Refines listening skills

Being a leader mandates exceptional listening skills. It enables you to understand your workforce better. After all, communication is a two-way street. However, there are times when we fail to apply them effectively. This leads to misunderstandings and creates communication gaps. To avoid this, leadership communication training formulates various strategies.

It offers well-planned tricks to prevent you from drifting away. This way, you learn how to listen actively instead of passively.

Helps redirect empathy

Women are known to be highly empathetic. But people take advantage of this, especially in the workplace. Hence, female entrepreneurs undergo leadership communication training. It guides them in redirecting their empathy without being inconsiderate. It assists them in channeling their inner leader while maintaining their compassionate side.

Improves body language

Your gestures and mannerisms perfectly exemplify your confidence. They speak volumes about your conviction towards your words. Therefore, leadership communication training teaches you different tricks for strategically using your body language. They also coach you on relaxing and staying calm in stressful work situations.

5 Practical Tips To Boost Public Speaking Skills

At some point in our careers, we give presentations and speeches. Although these are fun experiences, the thought of it is jarring for many. The reason is the fear of judgment, cultural differences, and anxiety. These prevent us from channeling our inner speaker. But surprisingly, it is simple to overcome these hurdles. By implementing a few practical strategies, you master the art of public speaking. Want to know more? Consider the following tips:

1.Identify your audience

Before taking on the stage, spend time assessing your audience. Does it include youngsters or older adults? Or is it a mix of both? Ask yourself such relevant questions. It may seem obvious, but this practice is essential. Once you have your answers, read your script carefully. Make changes if need be. Doing so helps you be mindful and respectful of your audience. It also enables you to connect with them better.

2.Reanalyze your material

We all want to appear prim and proper while public speaking. But in the pursuit of achieving perfection, many fake their material. They add elements to their script that are not authentic to their true selves. While this may deceive them, it simply does not deceive the audience.  Hence, reanalyze your material beforehand. Consider adding points that bring out your individualistic style. Also, build on examples and anecdotes to increase your relatability quotient.

3.Try public speaking programs

To improve your public speaking skills from a professional viewpoint, consider this. Nowadays, you easily find comprehensive training programs online. They educate you on speech training, executive presentation training, informative listening, etc. Since these programs are available online, they also serve as highly convenient alternatives. Dedicating a few hours every day helps you immensely in the long run.

4.Practice your tone

While public speaking in front of the audience, you should be loud and audible. But that does not mean you need to yell. Doing so drives your audience away. Therefore, practice your tone and pitch. If possible, visit the auditorium or wherever you can give the speech beforehand. If it is a smaller space, lower your pitch. If it is a larger one, higher your pitch accordingly.

5.Mind your body language

When it comes to your body language, try finding a sweet spot. You want your audience to take you seriously yet feel comfortable around you. So, practice your stance and maintain a good posture.

Why Do Celebrities Opt For Speech Training?

The way we talk to others speaks volumes about us. It perfectly showcases our confidence and conviction in what we say. But this amplifies when you are a celebrity. You must convey important messages to a vast audience. In this case, it becomes highly crucial to refine your speaking skills.

Thus, many celebrities and prominent figures consider speech training. It is a comprehensive program that focuses on your presentation and speaking skills. It provides you with strategic tools and tricks that guide you in every public speaking venture. Here are some ways:

  1. Empowers to overcome fear

People shy away from public speaking due to fear of judgment. They worry that others might dislike them or the way they speak. This constant angst ultimately manifests into stage fright. Considering this, a speech training program targets your deep-rooted fears. It formulates practical tasks and activities that alleviate your anxieties. This way, you become more confident and less hesitant.

  1. Enhances enunciation

This is a highly essential element of public speaking. It determines how clearly you say and pronounce each word. It also dictates the overall appeal of your speech or presentation. For instance, while giving a speech, you struggle to pronounce words or articulate yourself correctly. In this case, the audience feels a disconnect. You fail to hold their attention.

Precisely why speech programs target your enunciation capabilities. They guide on how to speak clearly and concisely.

  1. Individualistic style

The key to holding the audience’s attention is your individualistic style. You want people to remember the way and what you spoke. You also want them to distinguish you from other speakers. This is when speech training programs come in handy. With the help strategic communications consultant, you get guidance on channeling your distinctive style. You also get access to tips to enhance your charm. As a result, you put your best foot forward.

  1. Serves as a platform to practice

They say practice makes perfect, and rightfully so. It immensely helps in mastering any skill. Therefore, speech training programs provide a platform to refine your public speaking skills. They conduct numerous fun activities that enable you to improve your speech and presentation. Over time, you have enough practice and experience to face an audience.

  1. Provides valuable insight

Understanding the psyche of the audience is essential. These programs provide valuable insights into it. They offer practical strategies that assert your presence.

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