Do you still need to take up life insurance after you retire? For a lot of people, life insurance could be deemed unnecessary at this point in their lives. Most retirees who have children may not have to worry about them because they are usually grown and independent. Social Security, annuities and pensions will provide…
How to Save for Retirement
In this article, we will navigate you through the choice of various retirement accounts and the volume of your savings for your retirement. There are numerous investment accounts which may help you in formulating your retirement plans,but it is said unanimously that retirement accounts like IRAs and 401(k) are specially made to give people incentives…
Viable alternatives to bill consolidation
Bill consolidation can be a tempting alternative because it offers borrowers the ability to combine their loans into a lump sum payment. However, financial experts warn that bill consolidation could be risky, and could play a key role in increasing debt instead of mitigating it. Many people who take up bill consolidation without considering other…
Ways to build good credit
Young people who started leaving the house should know how to maintain their credit. This becomes very important at this age. If they do not know this, they will definitely face obstacles when it comes to buying a car, an apartment, and even a credit card. If they do not know how to maintain a…
5 simple things you can do to settle your debts
You might have a small debt. You might have a big one. You might have a couple. In all cases, it’s never a good feeling and it’s never a good place to be in financially. There are a couple of simple ways you can make a dent on your debt, however big or small –…
5 Common Investment Mistakes that Can Wreck you
Investment is a sure way to achieve wealth accumulation. However, if you pursue any investment strategy, you’re bound to make investment mistakes. Whether you are a total rookie or a seasoned investor, there is a possibility that you may end up screwing up your investment plans. To maximize your returns, it is crucial that you…
Debt to Income Ratio for people 2020
In every family income is the necessary fuel to run it, and if you start taking credits, this fuel is divided between household needs and repayment obligations. To manage both the requirements, proper balance between these two must be maintained. So, there is a strict need to keep the debts at a manageable level, because…
Effective investment options for buying properties
Tracking ways to save money for the dream house A home is such an atmosphere that needs to be felt comfortable and cosy and at the same time meet all the criteria’s of furnishing. Owing a condo or a luxurious villa and living the American Dream can be creative thoughts ready to be turned into…
Home loan linking to market
RBI or reserve bank of India is redirecting the banks from December 5 to link the lending rates with the external lending benchmark for the April 1. This will result in home loan borrowers soon will not have anything to complain about opacity which will be surrounding the interest rates. There is a status quo…
HOW TO DEAL WITH SMALL BUSINESS LOANS AND FUNDS
Any business comes with lot of financial challenges. The owner has to pool up lot of resources to make sure that his business requirements are fulfilled. Just like how entrepreneur looks for a reliable institution for his/her financial needs, lenders also look for security against their loans. The fact that lenders give approval to loans…