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5 iPad Alternatives For The Creative Entrepreneur On A Budget

5 iPad Alternatives For The Creative Entrepreneur On A Budget

There are so many reasons why Apple’s iPad is one of the best choices for anyone who is interested in an effective gadget for work. For the creative entrepreneur, it is a great way to create or edit webpages, there are an abundance of apps that can simplify your life (and it seems as if more and more apps are being released on iOS first), it’s a great productive tool for your business, and as if these aren’t reason enough, it is just plain fun to use!

Not everyone, however, has the budget for an iPad, nor is it always a great fit for everyone. Your business needs may be different from someone else’s, which means that even if you can afford to start with an iPad, it may not be for you. If you are looking for alternatives or simply want to try something new, one of these 5 may be for you.

Alcatel OneTouch Xess

5 Ipad Alternatives For Creative Entrepreneurs

    I live for gadgets that allow me to multitask. It is a must for me because I juggle multiple duties throughout the day, from my freelance work to social media, my own growing community, and my little ones. That is precisely why I love the Alcatel Xess tablet. The 17.3-inch device is more reminiscent of an all-in-one than a tablet, but it offers flexibility with a stand that is easily maneuverable.

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    I can move fluidly from managing my social media accounts to putting on a show for the girls to watch while I get lunch ready with very little effort. Although it is larger than its counterparts, I love having a larger screen with the ability to pick up and to move from one room to the next easily.

    At $499, it is $100 less than the smaller iPad pro, and $200 less than the larger one.

    Microsoft Surface 3

    5 Ipad Alternatives For Creative Entrepreneurs

      Why did I go with the Microsoft Surface 3 rather than the 4 Pro? Because having the newest model is not always necessary, especially when you are working on a budget.

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      These Microsoft tablets are top of the line for productivity, with the option of transforming your tablet into a small laptop. The keyboard allows you to work a lot faster, and with the surface pen and several ports, it is made for a busy entrepreneur on the go. A great tool for multitasking, the Surface comes with a full version of Windows 10.

      There are also more options to customize the device, which starts at $799 for the base Surface Pro 3 model and $499 for the base Surface 3 model.

      Samsung Galaxy S2

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        With the smaller model starting as $399, the Samsung Galaxy X2 is affordable, with options to expand your device to fit your lifestyle and business needs. From a USB converter to using a microSD card, you can also expand your storage. Get the entire Microsoft Office App suite in order to use your favorite business tools on the go.

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        The Samsung Galaxy S2 tablet is great for anyone who wants the performance and quality of an iPad Air 2, but on the Android ecosystem.

        Dell Venue Pro 8

        5 Ipad Alternatives For Creative Entrepreneurs

          Perfect for the creative entrepreneur on a strict budget, the Dell Pro 8 Pro 3000 series is currently available on Amazon for $149.00. With the trusted dependability of Dell, the Venue Pro is for the entrepreneur who needs quick access and simplicity. Get access to the full Windows suite in a compact device without the bulk and size, along with a quad-core intel processor. With options to pair your device with a bluetooth keyboard and mouse, or expand your storage with an SD card, this device offers flexibility at an affordable price.

          For a larger option, check out the Pro-10.

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          Asus Transformer Book Flip 2-in-1

          5 Ipad Alternatives For Creative Entrepreneurs

            For $349, you can own the Asus equivalent of the Microsoft Surface Pro. The Asus Transformer has many models, but the versatility of the Flip captivated me instantly. Smaller than a sheet of A4 Paper and feather light, it is the perfect tool to take along with me as I juggle motherhood and business. It can slip easily into the side of a diaper bag or take very little space in a packed bag. It looks amazing and is power-packed with goodies, including an 8-hour battery life, 46% larger touchpad, a Windows 10 experience and a Quad Core or Dual Core Processor.

            Featured photo credit: Kārlis Dambrāns via flickr.com

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            Nancy Laws

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            Last Updated on September 2, 2020

            How to Set Financial Goals and Actually Meet Them

            How to Set Financial Goals and Actually Meet Them

            Personal finances can push anyone to the point of extreme anxiety and worry. Easier said than done, planning finances is not an egg meant for everyone’s basket. That’s why most of us are often living pay check to pay check. But did anyone tell you that it is actually not a tough task to meet your financial goals?

            In this article, we will explore ways to set financial goals and actually meet them with ease.

            4 Steps to Setting Financial Goals

            Though setting financial goals might seem to be a daunting task, if one has the will and clarity of thought, it is rather easy. Try using these steps to get you started.

            1. Be Clear About the Objectives

            Any goal without a clear objective is nothing more than a pipe dream, and this couldn’t be more true for financial matters.

            It is often said that savings is nothing but deferred consumption. Therefore, if you are saving today, then you should be crystal clear about what it’s for. It could be anything, including your child’s education, retirement, marriage, that dream vacation, fancy car, etc.

            Once the objective is clear, put a monetary value to that objective and the time frame. The important point at this step of goal setting is to list all the objectives that you foresee in the future and put a value to each.

            2. Keep Goals Realistic

            It’s good to be an optimistic person but being a Pollyanna is not desirable. Similarly, while it might be a good thing to keep your financial goals a bit aggressive, going beyond what you can realistically achieve will definitely hurt your chances of making meaningful progress.

            It’s important that you keep your goals realistic, as it will help you stay the course and keep you motivated throughout the journey.

            3. Account for Inflation

            Ronald Reagan once said: “Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hitman.” This quote sums up what inflation could do your financial goals.

            Therefore, account for inflation[1] whenever you are putting a monetary value to a financial objective that is far into the future.

            For example, if one of your financial goal is your son’s college education, which is 15 years from now, then inflation would increase the monetary burden by more than 50% if inflation is a mere 3%. Always account for this to avoid falling short of your goals.

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            4. Short Term Vs Long Term

            Just like every calorie is not the same, the approach to achieving every financial goal will not be the same. It’s important to bifurcate goals into short-term and long-term.

            As a rule of thumb, any financial goal that is due in next 3 years should be termed as a short-term goal. Any longer duration goals are to be classified as long-term goals. This bifurcation of goals into short-term vs long-term will help in choosing the right investment instrument to achieve them.

            By now, you should be ready with your list of financial goals. Now, it’s time to go all out and achieve them.

            How to Achieve Your Financial Goals

            Whenever we talk about chasing any financial goal, it is usually a two-step process:

            • Ensuring healthy savings
            • Making smart investments

            You will need to save enough and invest those savings wisely so that they grow over a period of time to help you achieve goals.

            Ensuring Healthy Savings

            Self-realization is the best form of realization, and unless you decide what your current financial position is, you aren’t heading anywhere.

            This is the focal point from where you start your journey of achieving financial goals.

            1. Track Expenses

            The first and the foremost thing to be done is to track your spending. Use any of the expense tracking mobile apps to record your expenses. Once you start doing it diligently, you will be surprised by how small expenses add up to a sizable amount.

            Also categorize those expenses into different buckets so that you know which bucket is eating most of your pay check. This record keeping will pave the way for cutting down on un-wanted expenses and pumping up your savings rate.

            If you’re not sure where to start when tracking expenses, this article may be able to help.

            2. Pay Yourself First

            Generally, savings come after all the expenses have been taken care of. This is a classic mistake when setting financial goals. We pay ourselves last!

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            Ideally, this should be planned upside down. We should be paying ourselves first and then to the world, i.e. we should be taking out the planned saving amount first and manage all the expenses from the rest.

            The best way to actually implement this is to put the savings on automatic mode, i.e. money flowing automatically into different financial instruments (mutual funds, retirement accounts, etc) every month.

            Taking the automatic route will help release some control and compel us to manage what’s left, increasing the savings rate.

            3. Make a Plan and Vow to Stick With It

            Learning to create a budget is the best way to get around the uncertainty that financial plans always pose. Decide in advance how spending has to be organized

            Nowadays, several money management apps can help you do this automatically.

            At first, you may not be able to stick to your plans completely, but don’t let that become a reason why you stop budgeting entirely.

            Make use of technology solutions you like. Explore options and alternatives that let you make use of the available wallet options, and choose the one that suits you the most. In time, you will get accustomed to making use of these solutions.

            You will find that they make it simpler for you to follow your plan, which would have been difficult otherwise.

            4. Make Savings a Habit and Not a Goal

            In the book Nudge, authors Richard Thaler and Cass Sunstein advocate that, in order to achieve any goal, it should be broken down into habits since habits are more intuitive for people to adapt to.

            Make savings a habit rather than a goal. While it might seem to be counterintuitive to many, there are some deft ways of doing it. For example:

            • Always eat out (if at all) during weekdays rather than weekends. Weekends are more expensive.
            • If you are a travel buff, try to travel during off-season. You’ll spend significantly less.
            • If you go shopping, always look out for coupons and see where can you get the best deal.

            The key point is to imbibe the action that results in savings rather than on the savings itself, which is the outcome. Focusing on the outcome will bring out the feeling of sacrifice, which will be harder to sustain over a period of time.

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            5. Talk About It

            Sticking to the saving schedule (to achieve financial goals) is not an easy journey. There will be many distractions from those who are not aligned with your mission.

            Therefore, in order to stay the course, surround yourself with people who are also on the same bandwagon. Daily discussions with them will keep you motivated to move forward.

            6. Maintain a Journal

            For some people, writing helps a great deal in making sure that they achieve what they plan.

            If you are one of them, maintain a proper journal, where you write down your goals and also jot down the extent to which you managed to meet them. This will help you in reviewing how far you have come and which goals you have met.

            When you have a written commitment on paper, you are going to feel more energized to follow the plan and stick to it. Moreover, it is going to be a lot easier for you to track your progress.

            Making Smart Investments

            Savings by themselves don’t take anyone too far. However, savings, when invested wisely, can do wonders.

            1. Consult a Financial Advisor

            Investment doesn’t come naturally to most of us, so it’s wise to consult a financial advisor.

            Talk to him/her about your financial goals and savings, and then seek advice for the best investment instruments to achieve your goals.

            2. Choose Your Investment Instrument Wisely

            Though your financial advisor will suggest the best investment instruments, it doesn’t hurt to know a bit about the common ones, like a savings account, Roth IRA, and others.

            Just like “no one is born a criminal,” no investment instrument is bad or good. It is the application of that instrument that makes all the difference[2].

            As a general rule, for all your short-term financial goals, choose an investment instrument that has debt nature, for example fixed deposits, debt mutual funds, etc. The reason for going for debt instruments is that chances of capital loss is less compared to equity instruments.

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            3. Compounding Is the Eighth Wonder

            Einstein once remarked about compounding:

            “Compound interest is the eighth wonder of the world. He who understands it, earns it… He who doesn’t… Pays it.”

            Use compound interest when setting financial goals

              Make friends with this wonder kid. The sooner you become friends with it, the quicker you will reach closer to your financial goals.

              Start saving early so that time is on your side to help you bear the fruits of compounding.

              4. Measure, Measure, Measure

              All of us do good when it comes to earning more per month but fail miserably when it comes to measuring the investments and taking stock of how our investments are doing.

              If we don’t measure progress at the right times, we are shooting in the dark. We won’t know if our saving rate is appropriate or not, whether the financial advisor is doing a decent job, or whether we are moving closer to our target.

              Measure everything. If you can’t measure it all yourself, ask your financial advisor to do it for you. But do it!

              The Bottom Line

              Managing your extra money to achieve your short and long-term financial goals

              and live a debt-free life is doable for anyone who is willing to put in the time and effort. Use the tips above to get you started on your path to setting financial goals.

              More Tips on Financial Goals

              Featured photo credit: Micheile Henderson via unsplash.com

              Reference

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