Money Guide (Page 31)
4 Things to Consider before getting a Personal Loan
Getting a loan is a significant financial decision, and can affect your life for many years to come. Unfortunately, many people end up borrowing too much and facing almost unsurmountable levels of debt, so it’s important to think carefully about your decision before proceeding. Here are 4 important things to consider financially before you get a loan. Why You’re Borrowing Before you go any... ❯❯❯
Is a Payday Loan the Best Option?
A payday loan is an amount of money borrowed for a short period of time. The amount of money available for such a loan depends entirely on the amount of money the borrower earns in each paycheck. The money is paid back as soon as the paycheck becomes available. There is great debate about whether a payday loan is a wise decision, but, every person must make his or her own decision based on... ❯❯❯
International Trade and Investment: Spotlight on Bahrain
Since its independence from Britain in 1971, the Kingdom of Bahrain has worked hard to maintain an attractive investment climate; the government’s Vision 2030 statement sets out their economic vision and long-term plan, the success of which led to the Wall Street Journal naming the country’s economy the freest in the Middle East and North Africa. So the big question is: what are they doing... ❯❯❯
Why Your Credit Card Insurance is Never Enough When Travelling Abroad
While travelling abroad it is vital that you are sufficiently covered for those unexpected holiday accident claims that sometimes raise their ugly heads due to no fault of your own. For most families and individuals, their annual holiday can be the highlight of their year, be it in the sun or snow or one of the world’s beautiful cities. In most cases, these will go off splendidly. But accidents... ❯❯❯
Increase Your Revenue by Selling Gold at the Right Price
A businessman who makes a living selling gold could earn hundreds of thousands of dollars a year but only if he or she knows how to sell gold at the right price. However, it is an extremely difficult process to be able to determine the correct price of gold at any given time. For many decades, people who are in the commodities market complain of the difficulty of accurately predicting the price... ❯❯❯
Why You Shouldn’t Ditch Your Debt Management Plan
Dealing with debt is never easy. At first, when you set up a debt management plan, you’ll be spurred on by a sense of excitement and relief: you’re taking action, and you can see a light at the end of the tunnel! Over time, the reality of living on a budget may kick in and make you feel miserable. Your circumstances may change, and you might find yourself more strapped for cash. In time, you... ❯❯❯
10 Surprising Things That Can Hurt Your Credit Rating
Closing old credit cards Closing old, unused credit cards can shorten your credit history, which in turn harms your credit score. Should you have an old credit card that you've consistently kept in balance, do not be tempted to close it. The longer your credit history, the better. Applying for too many credit cards at once Banks will often inquire about your credit history before deciding to... ❯❯❯
A competitive quote may be easier than you think
There is no doubt that it is more difficult to borrow money than it was before the financial crisis caused by the Collateralised Debt Obligation (CDO) chaos a few years ago. However the good news is the growth of online companies happy to look at each application on its merits to replace the banks that some would claim have pulled up the drawbridge.
Banks for shareholders
It is easy to be too... ❯❯❯
Buying a Used Car? Proceed with Caution
Many people feel that buying a used car is a wise investment. Although they might miss that new car smell, they find that they can often get better value for money than buying basically the same car brand-new from a dealer. Statistics show that they are basically correct. Most brand-new cars lose anywhere from 15 to 30% of their value within the first few months. Therefore, if one can get a... ❯❯❯
Expert Information for People Wanting to Become Sole Traders
If you want to start up your own business, then becoming a sole trader is the easiest way to go about it. For one, you won’t have to pay any registration fees, and it’s a lot easier to keep a tight rein on your finances. The best thing about being a sole trader is that you are your own boss, and that means working when you want, and for as long as you want – you’re the boss! Although it is... ❯❯❯
