Posts Tagged“finance”

The personal loan market has seen a significant dip from AUD168.5 billion to AUD147.5 billion in the one year from August 2019-2020. This has led to lenders reducing interest rates and making personal loans attractive. However, getting a low interest personal loan can be tricky if you are not aware of the process.  Read this article to understand the steps involved in applying for a personal loan. Armed with this information, you will be better equipped to negotiate the best rates and get your loan approved quickly.  Know What You Need The first step to getting a personal loan is…

Getting bridging finance is one of the easiest – and quickest – ways by which you can get a ready amount of cash. You can use it for an urgent purchase or to bridge the period between the sale of an existing property and the purchase of another.  But how can you be sure that you’re getting the right amount for your needs? Also, how do lenders compute the interest you need to pay on top of the actual amount of the loan?  This is where bridging loan calculators come in.  What is a Bridging Finance Calculator? Bridging finance calculators…

There are plenty of good reasons to try to live a healthier lifestyle, but did you ever think about the effect on your wallet? Healthier choices can save you money in a number of different ways. Below are just a few of them. Cheaper Food The next time you go to the grocery store, check out the price difference in a bag of carrots versus a bag of potato chips. In general, healthy unprocessed food such as fruit and vegetables, is cheaper than food that is bad for you. There are exceptions, and organic food or food that becomes trendy,…

The short answer – not anytime soon. Hope you enjoyed the article and have a nice day. Of course, we’re joking! This article could get a bit technical so we’ll try to simplify it as much as possible. Cryptocurrencies have been all the rage in the last couple of years. The digital currencies have shown substantial growth – some currencies grew up to 100,000,000% in their early years – which has motivated many people to start mining for coins. This in itself is a very complicated subject, so we won’t delve into it in this article – maybe another day.…

Learning to live off of a pension, savings, and social security can be intimidating. Retirement should be the time you get to sit back and relax comfortably in life, not fret over expenses. Matthew Bussard provides financial services to retired individuals across Rhode Island. Here are his recommendations for how to earn extra income during retirement, so you can live out your golden years without financial concerns. Dividends A dividend is a payout of a company’s earnings—either cash or additional stock—to its shareholders as determined by the company’s board of directors. Low-risk stocks, mutual funds, and exchange traded funds that…

  We live in heady times. Everywhere you look, prices are on the rise. From groceries to gasoline, our cost of living has suddenly begun to soar. But why? The answer lies in our nation’s money supply. To cope with the Coronavirus pandemic, the US government rolled out unprecedented stimulus programs. To fund them, the US Federal Reserves fired up the printing presses. Day and night, they churned out the US dollars needed to fund stimulus checks, the PPP, and more. By the time the money printer stopped brrring, the supply of US dollars had exploded. By the end of…

It is common knowledge that to start or continue a business, money is the required fuel. Two primary ways are identified in the financial world to raise money or keep its constant flow for keeping the business running: Debt: This happens when the business takes up a loan from any other entity or a bank with the promise of returning the money and a certain additional percentage as interest. Equity: This happens when a business breaks its parts into shares and sells those shares in the open market in exchange for money. The individuals or entities who buy those shares…

If you have concerns as a small business owner, do some stand out from others as most pressing? Yes, being an owner does mean you have a lot of responsibilities weighing on your shoulders. That said you want to be able to deal with the most important concerns. This is so that your business does not go down a road of not being able to recover. Do Financial Challenges Have You Concerned? In looking at challenges your operation may be dealing with, do financial issues jump out? If you are having some money challenges, now would be a good time…

Cryptocurrency is a current hot topic. And why shouldn’t it be? When the world’s richest person invests in something, it has to be talked about. Recently, Elon Musk stated that Tesla bought bitcoin worth $1.5bn. It is just the beginning of cryptocurrencies entering the mainstream. With soaring values and high returns, it is attracting investors from all over the world. This seeming interest of traders has resulted in the mushrooming of various crypto margin trading exchanges that offer margin trading.  Cryptocurrency Margin Trading Exchange You must be familiar with the term leverage if you have a basic idea of the…

Crypto trading is not a new phenomenon, but it has seen more adoption worldwide in recent years and has increased in popularity over time. To substitute government-issued ones, the cryptocurrency was created to serve as a worldwide currency. It functions the same as gold; if needs one can buy assets or cash easily. For long as well as short time gains, its high liquidity value makes it a great investment. Bitcoins can be bought and held until their market value is high, and they can be quickly liquidated using secure crypto trading apps when that happens. The prices of currency…