Before we get to the main topic, which is health insurance, let us tackle first about personal finance. Personal finance is very important because by definition it is an application of the principles of money management and finance of individuals or a family. This involves various processes such as how they get budget, and how … Read more
Retirement plans and saving for education are some of the wisest investment options available. Education is a very costly affair, unless a scholarship is received. The 529 plan is one of the options available for saving towards education – either for self or for children. This plan is perhaps the most valuable investment plan for … Read more
Cash flow notes are like IOU’s that can either be bought or sold. These are debt instruments that are in the form of legal documents. In the event that you bought one, all the rights of the previous owner will be rolled over to you. Now the borrower will pay you what would have been … Read more
If you have problems on borrowing money because of your bad credit, a guarantor may be able to help you. A guarantor loan is available to anyone even those with bad credits because this has no credit checks. As long as you have someone with you who will serve as the security for the lender … Read more
There are many financial options that can be used by an individual to aid him in his investments. Some are recommended and some are to be avoided. In this article let us take into account loans such as secured business loans, mutual fund loans, and annuity loans. Secured Business Loans Secured business loans can help … Read more
Creating cash reserves for emergency use, taking advantage of interest rates without investment risks, or setting aside funds for company expansion – all of these can be achieved with business savings accounts. Banks made them available for corporations and even sole proprietors. Opening one cannot be completed entirely online, but most of the steps can … Read more
Taxable gifts often get misunderstood. At most times, individuals are not aware that they have given someone a gift and little do they know that the gift is liable to taxes. Simple ways like adding a name to a deed, specifying a name to a savings account or investment account, or naming a deed of … Read more
Operated by a state or educational institution, a 529 plan (qualified tuition plan) is an educational plan designed to aid families in setting aside money for future college expenses. It offers tax-advantage to plan holders that’s why it’s a great college assurance plan. It derived its name from Section 529 of the Internal Revenue Code. … Read more
Individual Savings Account or ISA is previously known as PEP and TESSA. This is the government’s way of encouraging individuals to save up. Who would not be enticed to open an ISA when it provides tax free incentive so that you can save up without worrying about paying taxes. With ISA you can save money … Read more
Health Savings Accounts, or HSA, is a savings vehicle used for medical purposes. People can put their money in these accounts just like regular savings accounts. However, there are some benefits you get with HAS’s that you cannot find in other savings accounts. HSA account holders can make tax free contributions and withdrawals to their … Read more
Most people choose to put their money in savings account where it can earn interest. It would also be safer to place your money in savings accounts rather than just keeping your hard-earned money in your home under your mattress. What if your house gets robbed or your house burns down? If this happens, you … Read more
A savings account is a place where people place their money for it to earn interest. Is it safe to place all your money into a savings account? Considering the current credit crunch, where some banks have closed, you are probably having second thoughts about opening a savings account. The money you put in your … Read more
Putting your money in the right financial institution or investment is not that easy. You need to study not only the best but stable investment so that your money will not be in vain. One of the big businesses in terms of investment nowadays is the tax lien investment. This type of investment is to … Read more
Saving money in banks or any financial institutions has always been a good way of investing for any future needs or when rainy days come. In Western countries, the most common way of saving has been through a fixed-rate account because of the high interest rate it offers. In instant access savings accounts and fixed-rate accounts, … Read more
