Finance

EMOTIONAL VS STRATEGIC DECISIONS

Information and intuition. Many people believe that they have the "knack" to make good investment decisions. What is this "knack"? The fact is that our decisions about how we use our assets can be strongly affected by many factors, some of which may be emotional. Investing is not without risks. You should consider your goals, time frame, and tolerance for risk. Market conditions can cause fluctuations in the return and principal value. Investments may be worthless or more than they were originally cost when sold. The Deal of the Day. You have heard that the "next great thing" is out there and you can jump on board, but you must hurry. Do you sound familiar? It can be exciting to be part of the next big thing. There are some great opportunities, but they can also be very costly. It is

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Finance

5 Tips to Pay Your Bills on Time

Utility bills, monthly mortgage payments, subscriptions, we all have these kinds of monthly expenses to deal with. Sometimes it becomes harder to manage those different bills resulting in late payments, which will mostly cost us extra fees or lead to service cutoff. Eventually, late payments may lead to financial stress. You can easily avoid falling into this kind of situation by making bill payments on time. It may take you some time to come up with a solid plan to achieve this, but we are here to help. Here are some tips on how to your bills on time: List All Your Bills We are stating the obvious here; you can’t follow up with your bills unless you know what you own and to whom you own it. Choose your preferred listing method, an application, maybe an Excel spreadsheet, or the tr

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Finance

How to fine tune your budget

It’s true that money makes the world go round, which is why it makes sense that we keep our finances in good standing for us to be able to live a comfortable life. Being in control of our finances is no easy task, but there is one effective way to do it - create a budget. A budget is a guide, a spending plan wherein you have a foresight on how much money you have and how you will spend it wisely. But what if your spending plan fails to achieve your financial goals? This is the time you have to fine tune it. This pandemic continues to wreak havoc on global economy. As different variants of the virus emerge from time to time, many individuals are still unemployed and struggling to make ends meet. With a reduced income, spending power is weak. In this present situation where people are rec...

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Loans

Hard Money Loans vs. Mortgages: 4 Key Differences

You are looking to buy a piece of property. You have already had experience with mortgage lending, but now you have associates encouraging you to check out hard money. Do you know the key differences between hard money loans and mortgages? If not, familiarizing yourself with hard money lending will fix that. Hard money and traditional mortgage financing differ on many levels. They are two different types of lending aimed at two different audiences. Both serve a vital role in helping borrowers obtain property. The issue for you is deciding which to pursue so that you can start researching lenders. To get you moving in the right direction, here are the four key differences between hard money loans and mortgages: 1. Market Scope The starting point for hard money loans and mortgages ar...

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Insurance

What Happens to Your Group Health Insurance Plan When you Switch Jobs?

The pandemic has been a unique experience for most of us. Two years of the pandemic has left us with many learnings, which have forced us to reset our priorities. Insurance is one such subject that is gaining awareness amongst young Indians. Unlike western countries, where the Insurance industry is very well-developed, India is at a nascent stage. As per IBEF, insurance penetration in India in 2021 is just at 4.2%. There is a huge scope for insurance players in India. The new age Insurtechs will be instrumental in strengthening insurance penetration in India. Health insurance can be broadly classified into 7 types: Individual health insurance Family floater insurance Senior citizen health insurance Critical illness Specific illness Group health insurance Personal ...

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Insurance

6 Things You Should Know About c

Workers’ compensation insurance is a mandate in Australia. If a worker suffers from an injury or falls sick in the workplace, the employer is bound to bear the cost of treatment. The insurance also covers mental illness (from excessive work pressure or a collapse in work-life balance) for which the employer must pay for the rehabilitation. 6 Things about the Insurance You Should Know Since workers’ compensation insurance in Australia is compulsory, you should be well-versed with the nitty-gritty of the same. 1.    This Insurance is Applicable for Any and All Type of Work Irrespective of the mode of employment, workers’ compensation insurance should be issued whenever an employer hires a worker. The insurance covers full-time, part-time, contractual, seasonal and casual workers. In ...

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Finance

How to Earn More Money by Driving for Uber As a Side Hustle

Many people are wondering how to earn more money by driving for Uber as a side hustle. This gig is a good option for anyone who has a reliable vehicle and is looking for a flexible, extra income. Before you begin driving for Uber, it's important to understand your local market. There are plenty of tips to help you maximize your fares and keep yourself and your vehicle safe. These tips will help you increase your earnings and make a great start in Uber as a side hustle. Before you start driving for Uber, you should consider your personal circumstances. Do you have a good car and have spare time? Do you have enough money to live on? Can you afford the gas? Are you comfortable driving in traffic? If not, it's a good idea to turn off your engine and move around to find more...

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Finance

Ozan SuperApp expands its financial services range with Mastercard membership

Ozan Elektronik Para, operating as Ozan SuperApp, declares that its Mastercard membership is successfully completed as of September 2021.  This partnership will allow Ozan SuperApp users to acquire Mastercard-branded Ozan debit cards. Teaming up with Mastercard, the global pioneer of payment technologies With the membership of the global leader of payment-tech Mastercard, Ozan SuperApp broadens the scope of its financial services for its growing user base.  Ozan SuperApp is on the fast track to becoming a truly global fintech by partnering with prestigious, leading brands. Having previously announced its Visa membership in February, UnionPay membership in March, and Troy membership in August of 2021, Ozan SuperApp has completed the Mastercard membership process and now offers all le

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Finance

INVESTING IS A MIXED BAG OF RISKS

Every investment carries some degree and type of risk. Since there are different types of risk, owning different investments in a portfolio can have a neutralizing effect. Remember, diversification of risk does not guarantee against loss, but it can have the effect of reducing the overall level of risk. THE 2 RISKS INVESTORS MOST OFTEN CONSIDER: Specific risk Specific risk has to do with things that can go wrong with one particular investment, regardless of how well the overall market is performing. Factors might include the departure of key managers, unanticipated property damage, embezzlement, lawsuits, patent expirations, or product failures—all things specific to this one company. Market risk Market risk refers to the chance that adverse events could affect an entire ind

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debit

Tips to ease the burden of a growing personal debt

Debt is an obligation between the two parties. The debtor is the one responsible in paying money or other agreed-upon value to another party, which is the creditor. It is different from an immediate purchase because it is a deferred payment, or series of payments. Debt is a lower cost source of funds and it is not only the common people who avail it but corporations and the government as well. When national debt is used appropriately, it can be used to foster the long-term growth and prosperity of a country. In the United States, total consumer debt that includes mortgages, auto loans, credit cards and student loans is now at $14.9 trillion. In June 2021, a CNBC report stated that the average American has $90,460 in debt. American’s personal debt is indeed growing closer to its 10-ye

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