We all have biases that restrict the way we manage and profit from our savings. The way we think and the mistakes we make are studied by behavioural scientists and it is important to be aware of these challenges when we are making investment decisions. The first bias we need to address is the tendency...
Debt. Ugh. We almost all have it and most of us struggle to get rid of it. The problem is that we don’t really know what to do about it. There are a lot of little things that you can do to start chipping away at your debt but it’s the big actions that will...
Imagine receiving a letter at the start of the month predicting that the stock market will rise. Just another cold sell so you bin it and probably won’t recall it when the market does indeed rise. Then the next month, a similar letter is received but this time it says the market will fall. This...
It’s clear to see that the US economy is not growing at the rate the central bank wants it to. After the recession and the financial crisis, it’s understandable. Fortunately, as per reports and statistics available, the US economy is recovering at a much better rate than any other economy does after a financial crisis....
Everyone is looking to get a discount these days, once you’ve used a voucher code to save money on your online shopping, you’ll want to do it again and again. While you love voucher codes, you may not know everything there is to know about them. Here are 9 things you didn’t know about voucher...
You can pay off your debt in 5 easy steps. You might be reading that thinking that it can’t possibly be true, considering how much debt you are carrying. Before you resign yourself to paying high-interest rates and making minimum payments for the rest of your life, you should at least give this plan a...
Picture this with me, you arrive at your new student accommodation excited about living away from home for the first time. Your new housemates are great, your new place is right at the heart of student life and there is a massive buzz about the place. Everything is starting so perfectly, you want to keep...
Mortgage loans are usually backed by real property. People take such loans for heavy investments such as home buying, businesses, property remodeling, and so on. People often get mortgage loans from banks and other financial institutions. There are only a handful of people who would go for their outright purchases or payments. Now that the...
Debt consolidation has always been beneficial over bankruptcy as far as creditor’s interest is concerned. Whereas with bankruptcy, creditors get nothing or very little from the debtor. The debt consolidation system shows positive and systematic money management in favor of them. Debt consolidation beneficial for both: Debt consolidation in turn could be extremely advantageous for...
A house is not only a property; it is an investment just like a home where you live with your family. Because of this, it will always be a good idea to protect it. There are a number of insurance companies in the market providing basic homeowners insurance and it is your responsibility to grab...