Has someone asked you what it costs to own a car? If so, the first thing you must have thought of is the amount you recently spent to fill up your car at the gas station. It’s also easy to picture the price of your monthly car payments as well as the accompanying insurance bills. Yet did you know that you can also take a big chunk of your budget for vehicle maintenance and breakdown costs? Recent surveys show that most people don’t set aside money for unexpected auto repairs every month. Keeping your car in tip-top shape is no…
Author: Tina Roth
Maintaining a good credit score is key to having a healthy financial life. Unfortunately, many people do not know how to properly take care of their credit scores. This blog post includes some tips on maintaining a good credit score. Following these tips will help you keep your credit score in good standing and improve your chances of obtaining future loans or lines of credit. 1. Fix Credit Report Errors The first step to maintaining a good credit score is to ensure that your credit report is accurate. If you find any errors on your credit report, be sure to fix them…
What is the key to setting up and running a successful business? If you asked 1,000 people, you would get 1,000 variations of answers because everyone’s strategy differs, and people have managed to gain success by experimenting with a variety of different ways. One of the more universal options, though, when it comes to starting and running a successful business is conducting sufficient market research. You’ll not be able to find a successful person in business who thinks that such research isn’t important. Still not sure? Here, we will discuss in more detail why it is so important for your…
As a bike owner, you might know of the mandatory requirement to purchase a two-wheeler insurance plan. It is required in conjunction with the Motor Vehicles Act and all vehicle owners are required to buy one. However, a third-party cover is the minimum required insurance coverage. This insurance plan ensures protection only against legal liabilities payable to a third person but lacks any further coverage. Hence, a comprehensive plan is advisable for all types of buyers. Offering protection not just against legal liabilities but also for the damages to your bike, you can ensure all-round financial coverage. But a comprehensive…
The growth of digital currencies has been remarkable. People buying bitcoin (BTC) and ether (ETH), through websites such as Altalix, is what has fueled the rise in cryptocurrency. There are many new investment products available in blockchain, including non-fungible tokens and decentralized finance. Many believe that these investments will create a new generation of digital currency billionaires and millionaires. Many are asking if there’s a compelling reason for people to invest in digital currencies. We will be discussing the reasons people might decide to invest in digital currency. It is a transformative technology. Blockchain technology is a key component of…
All mutual fund houses sell their mutual funds by showcasing the past performance of their mutual funds and the potential returns these schemes are expected to enjoy. However, nobody talks about the taxation aspect. It is important to understand the taxes on mutual funds as taxes and inflation can eat away a huge chunk of your sizeable returns. This article will act as a mutual fund investment guide and how they are taxed. Understanding the types of taxes imposed on mutual fund investments Mutual fund investments can offer returns to investors in two forms – either through capital appreciation or…
As you become a better trader, you will undoubtedly encounter losses that cause anger and frustration. These feelings are not only unpleasant but can also negatively affect your decision-making process. Traders need to develop methods of dealing with these negative emotions when they occur or risk ‘blowing up’ their accounts within the first few months of active trading. Negative emotions experienced when trading When trading stocks online, the majority of traders experience negative emotions like anger, frustration and depression. One study of 31 active participants found that 85% had experienced at least one ‘disaster trade’, where they committed to a…
Estate planning is a process that will involve anticipating the future to a degree. It is about making arrangements during a person’s life with regards to managing their affairs in preparation for them becoming incapacitated or dying. It is about dealing with their estate. We shall look to examine more closely estate planning in terms of thinking about the financial trends that might affect decisions. These will be what companies like Huber Fox will be thinking about to make the best decisions when acting on behalf of their clients. There will be some instruction, but also good advice involved. Real…
A small business’s ability to obtain the correct amount of finance at the right moment is critical. Small-scale manufacturing and service industries require continuing financial support to achieve their working capital needs and long-term asset purchase goals. In the USA, the primary role of banks and financial institutions is to offer appropriate credit in the form of business loans. They require financial assistance to meet their working capital and investment needs. What Is An Unsecured Loan, And How Does It Work? An unsecured business loan is granted only on the basis of the business borrower’s creditworthiness, as evaluated by income,…
A financial controller is a person who will assist a company’s chief financial officer. This in turn is providing financial assistance to everyone within a company where finances need to be recorded and managed and strategies come up with to control costs. This financial controller can be a remote financial controller and still be available to provide support. We no longer need to hire a full-time financial controller who will work from a company desk because many tasks are achievable from outsourcing a part-time supervisor who will work remotely. This will prove more cost-effective for a company looking for financial…