Interest Rates Are Rising in Canada – Should You Be Concerned?
Interest rates have been rising slowly over the past 6 months in Canada. If you have debt, should you be concerned? First of all, if the debt you have is credit card or private debt that carries a high interest rate (20% or higher), the interest rate changes will likely not affect this. For other types of debt, it depends on what it is. There are 2 stages in looking at this.Universal Basic Income: Visionary or Wishful Thinking
Universal Basic Income, also known as UBI, social credit and Basic Income Guarantee, is not a new concept. However, it is being looked at newly by the State of Hawaii as a solution to how AI (artificial intelligence) is likely to take over many of their jobs.The Lure of Easy Money: Islamic Finance in the Age of Capitalism
Money. Money makes the world go round, or, well, any direction you want if you own it. So, when it comes to easy money, boy, it makes the world go haywire! Easy money – that is earned without the sweat and toil, normally, required for earning a livelihood. Who wouldn’t, at least, be tempted by it? Society and its priorities change with the seconds of the change in time. Whereas morality and integrity were of utmost significance at a time in an obscure past, the priority of society, today, is amassing heaps of wealth. One may question, why not? If, having more zeros after a figure in your bank statement, surely, means having a greater influence and a vaster dominion over the world, then why are you playing the guilty conscience card on us?Money Advice: 20 Minutes Learning to Help Make You Rich
Money advice: What money advice can you learn in 20 minutes to help you become rich? Here discussed 19 wise money tips to make you rich painlessly but with ironclad willpower. Napoleon Hill wrote: “to become rich consist of doing.” Thus, get the wisdom here and act on it. You will become rich.Benefits of IFSC Bank Codes
With internet banking becoming such a snowballing phenomenon, banks have to ramp up the accuracy and safety of such transactions. One of the ways to do that is by making details such as the IFSC number of the participating banks a mandatory pre-requisite when conducting these digital transactions.5 Reasons Financial Planning Is Different For Women Than Men
Financial planning saves a lot of stress and anxiety over money. Both men and women – single or married – should take part in planning for their future. But women face a different set of challenges…Planning and Achieving Financial Fitness in Singapore
This article gives reader a step-by-step overview of how to plan for and achieve financial fitness – from settling debt to investing excess cash flow. Each step is explained, in laymen terms, to ensure that readers grasp the concept at a glance.Will RoboAdvisors Inadvertently Cause Artificial Intelligent Market Makers?
Due to over regulation in the Financial Planning Sector most CFP (Certified Financial Planners) cannot afford to take clients who have less than $500,000 in net worth. This now leaves a huge gap in the market and means most in the Middle Class are left in the cold. To fill this gap financial firms have developed RoboAdvisors which uses artificial intelligence to help people determine how best to invest their money and develop their financial retirement portfolio based on their income, risk aversion, lifestyle, and time until retirement. On the surface this sounds like a sound solution, but it’s not without its own set of challenges – one of which I’d like to discuss here today.The Ultimate Savings Apps for Non-Savers
Nearly 50% of the American population has no savings set aside for retirement. Why? The reasons vary, however, for most, it is simply a lack of discipline. The apps covered in this article make saving completely hands-free.The Importance of Knowing Your Break Even Point – BeP
BeP or Break Even Points are at the very core of what determines success for your business; they determine one of the most basic aspects of a trucking business – the hauling rate. The reason why so many trucking firms fail is because they don’t factor in operational costs when establish hauling rates.4 Problems That Legacy Planning Addresses
Legacy planning addresses many of the financial and familial concerns that one may have when leaving behind an estate. This article talks about a few of them here.Three Lessons Learned on the Red Clay of Kay County
Mentors are incredibly valuable. This article is about the impact my grandpa had on my life and the three most valuable pieces of advice he gave me.Five Common Ways People Lose Their Retirement Savings
When you’ve saved your whole life, you want to protect your assets at all costs. Regardless of whether you are nearing retirement or already there, you desire to preserve what you have diligently worked for. But did you know that there are certain behaviors that could cause you to lose your retirement savings?Don’t Squander Your Income
Today’s world is brutal for anyone trying to get ahead. The expense of everything makes it hard to save and the cost of living is rising daily. Jobs are also hard to get and people falling through the cracks are now living on the streets in many cities.Success in Retirement Planning May Start With the “B” Word
When the subject of conversation turns to budgeting folks begin to squirm in their seats, their eyes glaze over and one can almost read their thoughts; “I’m going to have to give up life as I know it!” That is not and should not be the outcome.