Category: Financial Education
The analysis published under this category are as follows.
Monday, June 20, 2022
Personal Finance Tips: How To Get Out Of A Tough Financial Situation / Personal_Finance / Financial Education
By: Steve_Barker
Getting out of a tough financial situation can be difficult, but it is not impossible. There are many things you can do to improve your financial situation and get yourself back on track. In this blog post, we will discuss some personal finance tips that can help you get out of a tough spot. We will also provide some helpful resources that you can use for additional support. So, if you are struggling financially, please read on!
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Saturday, March 12, 2022
Experiences or Assets: HNWIs spending habits post-pandemic / Personal_Finance / Financial Education
By: Submissions
The pandemic affected almost every aspect of life on a global scale. Included in this are the significant changes in individual lifestyles, particularly those of High-Net-Worth Individuals (HNWIs). With such vast adjustments in living conditions, it is not unreasonable to wonder just how these changes are affecting HNWIs’ finances – and whether this is for the best.
According to the Saltus Wealth Index – an extensive and insightful study into the financial positions, prospects and potential of HNWIs – only one-fifth (21%) of respondents said they hadn’t ‘made any lasting changes to [their] lifestyle’.
Wednesday, March 02, 2022
Preparing for the Future: How to Build Your Personal Finances / Personal_Finance / Financial Education
By: Submissions
It's often easy to think about being more disciplined and building your personal finances by saving for a rainy day. Unfortunately, things take a drastic turn for most when it comes to execution. Preparing for the future isn't easy when you're struggling to make ends meet at the present moment.
Your ability to balance your lifestyle will dictate whether you have enough discipline to save money and build your personal finances without the stress. While it might seem challenging at first, there's a path you can take toward success without necessarily taking too many risks in the process. Instead, a willingness to prepare and make the most out of the situation will get you far when building your personal finances.
Sunday, February 13, 2022
Things To Consider Before Transmitting Funds Internationally / Personal_Finance / Financial Education
By: Sumeet_Manhas
Transmitting money internationally comes with its fair share of restrictions especially if you reside outside the United States. Banks across the globe require proof of fund source while trying to make large transfers. This is increasingly becoming a reality even for small transfers. If you are planning on transferring funds internationally, then you have arrived at the right destination. Today we are going to share some tips which are going to ease out your fund transfer across geographical boundaries:
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Wednesday, February 02, 2022
6 Things You Need To Know About Online Accounting / Personal_Finance / Financial Education
By: Steve_Barker
Efficient accounting is a very important element of a successful business. Unfortunately, many start-ups and new business owners overlook accounting, choosing instead to manage their businesses finances themselves. The primary reason for this is usually to save money, which is strange, considering the fact that online accountants are extremely affordable. Not only are they affordable, but they also save you a lot of money in the long term.If you have found this page because you have realised how important professional accounting is, then you are on the right track. Here are six things that you need to know about professional online accounting:
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Saturday, December 04, 2021
4 Tips To Help You Take Better Care Of Your Personal Finances / Personal_Finance / Financial Education
By: Steve_Barker
In order to make informed financial decisions, it's necessary to know where you stand financially. Knowing your expenses, your debt, and your income will allow you to determine your financial goals. All of this is important, but many people are unaware of what they need to do to stay on top of their finances. After reading this article, you will hopefully have learned some of the best ways to keep on top of your finances and live a more stress-free life.
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Thursday, September 16, 2021
What Kind of Support and Services Can Your Accountant Provide? Your Main Questions Answered / Personal_Finance / Financial Education
By: Submissions
Accountants have always been essential for many large enterprises, but even if you have a small business or are self-employed, an accountant can do a lot for you as well. In fact, you may need their expertise and services even more as you grapple with such things as tax returns, finding funding, seeking proper business advice for major decisions, and more. In addition, your accountant can be your best partner for projecting the future of your business and finding out about your business' outlook because they will have the best idea of your financial standing. But precisely what kind of support and services can your accountant provide? Here are the answers to your main questions and a list of specifically what they can do.
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Friday, January 29, 2021
What Exactly Is Bookkeeping? / Companies / Financial Education
By: Submissions
Bookkeeping is essentially the comprehensive organizing and recording of the financial transactions of a business. These include things such as day to day spendings, as well as recording information that pertains to the business. By having a bookkeeper in place it means that all of the financial records kept by a business are accurate, up to date, and completel.
Throughout the entire bookkeeping process it is important that accuracy is maintained at all times. This is because this information forms the basis on which the business’s accounts are based. To aid this process there are a number of structures in place known as quality controls that ensure all financial records are accurate and timely.
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Tuesday, January 26, 2021
The Truth About Personal Savings Everybody Should Know and Think About / Personal_Finance / Financial Education
By: Sumeet_Manhas
Whether we like it or not, finances impact everything in our lives. It is, essentially, freedom. It is unfair how many of us struggle with personal savings, especially in wealthy countries, where, logically speaking, it shouldn’t be the case. Why does this happen? We will talk about how psychologically we are connected with money and the relationship we have with it and some everyday things that impact our financial status. Our financial health is essential, and we tend to neglect it, not because we are necessarily guilty of that, but also because the country we live in doesn’t paint the picture quite right. If a country is wealthy, why are many people who live from paycheck to paycheck? Why do poor people have to face much higher costs for everything, especially when faced with monthly bank fees? The truth is, personal savings are more about what the world dictates and if you are going to abide by it or not. It’s also what kind of relationship you built with money as a kid.
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Friday, January 08, 2021
Have Big Dreams? Here's How to Pay for Them / Personal_Finance / Financial Education
By: Jared_Dillian
I'm a big fan of setting financial goals, working toward those goals, and realizing those goals.
My dream is to build an amazing house. I'm buying a big piece of land for it right now.
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Thursday, November 05, 2020
Money Management, Financial Literacy and Investments for Beginners / Personal_Finance / Financial Education
By: Sumeet_Manhas
Money management is so fundamentally important you would think everyone would take care to make sure they were fiscally responsible. However this is absolutely not the case. It makes sense to learn how to manage your money from an early age and certainly teaching children to look after money early on responsibly will reap great benefits in their later lives.
Of course as you get older you will have more to worry about than just your pocket money. There will be rent or a mortgage, credit cards, pension plans, bills, several bank accounts possibly, an IRA or an ISA if you are in the UK. All these things can seem daunting and if they are not managed properly can go from feeling like you are swimming against the current to a much worse feeling of drowning.
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Wednesday, April 22, 2020
Tips for Managing Your Personal Budget During Coronavirus / Personal_Finance / Financial Education
By: Submissions
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Saturday, January 04, 2020
Learning Finance with the Help of Technology / Personal_Finance / Financial Education
By: Sumeet_Manhas
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Tuesday, October 29, 2019
Paysafe Group: General Information & Features / Companies / Financial Education
By: Submissions
The modern payment methods have gained immense popularity and today, international money transfer is not rocket science. One of the most reliable solutions is Paysafe that has invaded the global market and is used by more than 40 countries. The company was established in 1996 under the name of Optimal Payments PLC and has offered products like digital wallets and electronic money.
This payment and credit card processor enables the users to transfer or cash-out money through the website or mobile apps. Good news! Paysafe delivers its services via many branches including Skrill, Neteller, and Netbanx.
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Tuesday, August 20, 2019
WAYS TO SECURE YOUR FINANCIAL FUTURE / Personal_Finance / Financial Education
By: Boris_Dzhingarov
What most people do not realize is that the investments and small financial steps they make at earlier stages in their life will greatly determine the kind of financial future they have in the next few years. Being prepared for some unprecedented situations can make you feel optimistic about the future.
So, how do you ensure your financial future is both stable and secure? Below are a few life-defining steps for you to take.
Friday, June 28, 2019
Yes, the Personal Finance Industry Is a Scam / Personal_Finance / Financial Education
By: Jared_Dillian
I’m bouncing off of Kashana Cauley’s mini-rant in GQ about Suze Orman and the personal finance “industry” in general. The key paragraph here:
This past weekend, CNBC reminded us of Orman’s distaste for coffee: “If you waste money on coffee, it’s like ‘peeing one million down the drain.’” Man, personal finance experts do love shaming people for buying coffee. And avocado toast. If only we’d just stop paying for haircuts—as USA Today recently recommended—the dollars we’d save would also destroy our crushing student debt and sink the effects of years of wage stagnation, income inequality, and de-unionization with it, allowing us to buy those houses we’re too broke to buy right now five minutes before we kick the bucket. And we’d also end up with completely professional, hacked-off-ourselves hair.
Friday, June 14, 2019
Three Steps to Making Your Personal Finances More Private in a Digital Age / Personal_Finance / Financial Education
By: MoneyMetals
Imagine a world where every financial move you make gets recorded in databases that are accessible by any number of third parties – from bankers, to government bureaucrats, to data thieves.
It’s the world of the cashless, all-digital economy. And it’s rapidly approaching.
Fortunately, there are some steps you can take to secure your financial privacy – or at least make your wealth less vulnerable to digital prying – before it’s too late.
Friday, March 22, 2019
If You Get These 3 Things Right, You’ll Never Have to Worry About Money / Personal_Finance / Financial Education
By: Jared_Dillian
You have some money. Do you pay down the mortgage, or do you invest in the stock market?
You can use math to make this decision, but math is not much help because there is uncertainty.
- The stock market allegedly returns 8%, but sometimes a lot less.
- Your house will hopefully appreciate, but by how much? Nobody knows.
- And what are interest rates going to do?
- It also mostly depends on where you live in the country.
- There are tax implications to residential mortgages.
- Your own behavior is also uncertain—it depends on your risk tolerance and fear of the downside.