Steven Hoffmann Chairman/Founder of Newt Corporation

As per the terms of the agreement, the parties agreed to engage in revenue and client database sharing for  Bill Payment Services and Digital Prepaid Products . Newt and Movilix will also collaborate in creating new complementary marketing solutions for the US market with the goal of increasing the number of users on both platforms, while at the same time integrating deeper into Latin American markets. More than 60% of Hispanics  living and working in the USA utilize remittance to provide resources for their families back home. Frequently, families are unable to pay household bills on time, and run short between paychecks, therefore, services that allow Hispanics to pay their bills or provide payment for their families are a fast-growing market. Newt believes, that the collaboration between the two entities will complement and enrich each other’s business service offering and will cause Newt’s business take a leap forward in increasing customer base in the USA, while conne...

According to Steven Hoffmann Newt , It is very common to find people who are always “broke”! They are not necessarily in debt, but they are always complaining that the “money is short” and that “there is nothing left at the end of the month”. Well, if you take a closer look at these people, you'll see that they have some characteristics in common. We will describe 3 habits of this type of person. These are Steven Hoffmann general behaviors and are not necessarily linked only to monetary matters, but they deeply affect our financial life. 1) Search for Immediate Satisfaction Some people have a tendency to seek immediate satisfaction and are unable to 'postpone' this need. They end up prioritizing the present over the future. But this is not just a financial issue: the decision between taking advantage of the present or preparing for the future must be made in relation to several of our day-to-day activities. For example: ·      ...

  The Steven Hoffmann Newt current notion of retirement that the majority of the population has is to spend the end of our lives without working, just enjoying leisure or reading a book, in the beach house or in the country house. This is the image that every pension plan 'sells' to us, right? Just look at the images of the advertisements of these companies: elderly couple, happy, on the beach chair, with a 'drink' in hand! But this idea of ​​retirement is relatively new and only emerged after the Industrial Revolution of the 18th century. And before that? Well, people lived on the farms, taking care of agriculture and animals. But nobody retired! Older people were responsible for passing on knowledge from generation to generation and no longer did all the heavy lifting. But doing nothing, just enjoying the sun on the farm? No one did that. Industrialization. With the Steven Hoffmann Newt process of industrialization in the world, people exc...

Are you one of those who make detailed planning to get rid of debts every month, but still arrive on the 30th with more debts than revenues? If the answer is yes, now you have one more thing to look at: your brain may be 'playing against' you. Recent Steven Hoffmann studies suggest that our brain has a tendency to focus on lower-value debts when we try to prioritize the payment of our commitments. However, the most advisable is to eliminate debts that charge the highest interest rates first instead of analyzing only the amount to be paid. The Steven Hoffmann define effect of compound interest causes high-rate debt to grow much more than low-rate debt. Study. In the study in question, a series of debts with different values ​​and interest rates were presented to the participants. The researchers then gave each participant a check to pay the debts. They had to choose which would be paid first, since the check would not cover the total debts. Only 3% of particip...

Last week, after a heavy rain in Torronto, Canada, it took me about 2 hours by car to cover a stretch that would normally take about 20 minutes.  During this time that Steven Hoffmann   spent there, He was thinking: would it be possible, somehow, to live in a big city without having a car? Steven Hoffmann Newt was not able to arrive at a certainty that this would be feasible, but at least it is possible to list some conditions so that this 'dream' is closer to reality: 1. Have a job at a fixed location. On 5 of the 7 days of the week we will have to go to work.  So, if you have a job that requires a lot of commuting to different places, to visit clients for example, leaving your car aside will be very complicated. But, if you work at a fixed location, it will be much easier to plan the use of some other type of transport where you don't have to be the driver (bus, metro, ride, 'chartered', etc.)! 2. Live close to work. We know that this condition is not easy, someti...

When we are 20, 30 years old, retirement seems to be something very distant, but the sooner we do the planning for this phase of life, the better we can enjoy it.  Steven Hoffmann Newt define  Many people are only concerned with the financial issue, but there are other aspects that must be taken into account and that will certainly have a great impact at this stage of life. 1 - Investing in health What good is it to be able to retire financially well, if health (or rather, the lack of) does not allow you to enjoy life?  In addition, maintaining health ends up also helping in the financial aspect, as this means less spending on medicines and treatments, not even counting on possible companions such as nurses or caregivers.  For this reason, it is important to always do physical activity and have a healthy diet. Steven Hoffmann says  There is no need to give up the small pleasures of life: a beer with friends, a sweet to accompany coffee or tea, even a littl...