We have to spend money on repairs of home appliances and systems regularly. These expenses sometimes cannot be postponed owing to their highly urgent nature like clogging of drainage system, power failure or problem in heating and cooling system. This expense may go out of your budget sometimes and you may have to take personal …
What Is a Home Warranty and Is It Worth Taking Home Warranty in 2023? Read More »
We all like to do interesting things in our spare time. With technological advancements, people have developed new hobbies like video streaming, gaming, chatting, etc. which are surely not the best way to use your time. Our elders used some of the methods which were not only great ways to smartly use your time but …
12 Old-School Money Making Hobbies That Are Still Effective Read More »
Just like earning, saving, and investing, spending is also the crucial factor determining one’s financial success. Overspending can be a matter of concern for your financial health. You can easily fall prey to consumerism and end up making bad financial decisions. Even with a proper budget and goals, one may get addicted to overspending. In …
The performance of any asset class is never guaranteed. The assets which have performed very well in the past cannot give results in the future. Almost all asset classes have to go through cycles of ups and downs and sometimes even generate negative returns. Thus, you need a well-planned diversification strategy to mitigate your risk …
Diversification Strategy for Better Risk Management Read More »
The use of co-branded credit cards has really gained momentum in the last few years because of some additional benefits they come with. As per the Forbes survey (Feb 2023), only 9% of Americans are using cash for transactions, debt cards hold 49% weightage and credit cards account for 36% of transactions. Businesses are now …
If you are planning for an emergency fund, or short-term savings or have excess money in your checking account then it is a good idea to move it to a high-yield savings account (HYSA) because of the higher interest offered. Also, you don’t need to worry about maturity periods like the certificate of deposit (CDs). …
High Yield Savings Account (HYSA)|Better Way of Saving Read More »
A very solid foundation of financial concepts is a must to live a prosperous life and create wealth. In this article, we have discussed 5 finance lessons that can help you understand finance and wealth management from a completely different perspective. Lifestyle Creep Can Cripple You Lifestyle creep is the relative motion between your …
You may find various types of loans in the market like credit card advances, unsecured loans, secured loans, payday loans, home equity loans, cosigned loans, etc. Each type of loan has its pros and cons. Let us understand which factors make a loan the best loan option for you and which loans should be avoided. …
Smart Borrowing: Tips for Choosing the Best Loan Option Read More »
Investments in the stock market can be risky for new entrants because of high volatility. Performing stocks may lure beginner investors for higher returns but can frequently take U-turns without giving you ample time to come out. Getting setbacks earlier can demotivate you. So, it is better to start investment with safer instruments that have …
Why ETFs Are Good Choice for Beginner Investors? Read More »
Using automatic bill payment can help customers to automatically pay the agreed amount on a decided date. You can authorize your service providers, banks, or vendors to do so. Automatic payment is the most commonly used pay bill of a recurring nature like memberships, mortgages, OTT subscriptions, etc. Mobile phone bills, internet bills, and insurance …
