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[26 Jun 2017 | Comments Off on Practical Tips You Can Use to Start Saving | ]
Practical Tips You Can Use to Start Saving

Saving is the key to securing a better financial future. Saving is the best way to collect enough money for various purposes, including for investments, education, and entertainment or vacations. Unfortunately, not everyone can save their money that easily. For some, the lure of dining out or buying that new pair of jeans is too difficult to ignore.
Getting started is always the most difficult part of the process. Once you start seeing your account balance grows, you’ll be much more motivated to save a portion of your income. The practical …

Headline, Personal Finance »

[20 Jun 2017 | Comments Off on 5 Mistakes That Could Potentially Add Thousands to Your Mortgage | ]
5 Mistakes That Could Potentially Add Thousands to Your Mortgage

They say that buying a house is the second greatest investment you will ever make – that is after your children’s education. Unfortunately, it is also one of the biggest debts you will incur in your life. Although this may sound intimidating, a house is still a worthy investment.
However, the house buying process requires caution and attention to detail. Make a mistake, and you will pay for it in high monthly payments or interest rates that change unexpectedly. With that in mind, here are five mistakes that could potentially add …

Headline, Personal Finance »

[7 Jun 2017 | Comments Off on How to Rent with Bad Credit, Liens or Bankruptcy | ]
How to Rent with Bad Credit, Liens or Bankruptcy

It seems that our credit scores follow us everywhere these days. From employment evaluations to small loan approval processes, our credit is poked and prodded at by most people deciding whether or not they wish to do business with us. This makes it so vital that people maintain a solid credit score and a financially solvent reputation.
Even when renting an apartment or home, your credit score may be checked. There are many landlords who refuse to rent to people whose credit scores are poor or fair at best, believing they …

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[31 May 2017 | Comments Off on 3 Things You should Do In Your 20s To Safeguard Your Financial Future | ]
3 Things You should Do In Your 20s To Safeguard Your Financial Future

Your 20s are not just about exploring the world and having fun. They are a decade when you can lay down the foundations of a solid financial future for you and your family. If you make some wise financial decisions and investments in your 20s you will reap the rewards in later life.
Get on the property ladder as soon as you can
Purchasing your own home is a rite of passage and something that many young people aspire to. It has the obvious advantages over rented accommodation. You can keep …

Headline, Real Estate »

[27 May 2017 | Comments Off on Shopping for Your First Home – Tips You Can Use | ]
Shopping for Your First Home – Tips You Can Use

Once you make the big decision to start shopping for your first home, excitement kicks in as do nerves and stress. While it’s perfectly normal to go through a range of emotions during the experience, it’s also important to keep your head clear so that you make a decision that makes sense both from an emotional and financial standpoint.
Here are some tips you can follow that are meant to make the shopping experience for your first home as smooth and straightforward as possible.
Figure Out What You Can Afford
For those just …

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[24 May 2017 | Comments Off on Tips for Avoiding Debt | ]
Tips for Avoiding Debt

The average American owes $5,700 on a credit card. In isolation, this is not too bad, but when you tack on student loans, it soon becomes a frightening situation. The problem is that debt is growing. Interest rates are at an all-time low, and it has never been easier to borrow money.
The US economy is in recovery, and with a new president in the White House, many US citizens are feeling hopeful about the future. Unemployment has fallen in 10 states and remains stable in 36. Inflation is 2.2% right …

Headline, Real Estate »

[23 May 2017 | Comments Off on Save Up For Your Dream House | ]
Save Up For Your Dream House

If you think it’s that time in your life where you would like to buy your own house instead of renting one, there are many different ways you can speed up your saving in order to have what you need for a house deposit.
Here’s how you can do that.
Stop renting where you are
If you’re renting your own place now, then it isn’t going to leave you with a lot of spare money that you will need. If you think you could do without your space for the next year, consider …

Headline, Personal Finance »

[22 May 2017 | Comments Off on Professionals to Avail Tax Exemption on Half of their Annual Income | ]
Professionals to Avail Tax Exemption on Half of their Annual Income

Your income tax liability could devastate your dreams and you end up paying a huge share of your annual income as tax. The problem is no more there to put additional stress on your shoulders, in case you are a freelancer, consultant, or professional. Taxes are no longer to be calculated on your gross annual income.
If you are earning below 50 Lakh annually, then u/s 44ADA of the Income Tax Act, you need to pay income tax on half of your gross annual earning as per the Presumptive Taxation Scheme. …