Category Archives: Banking
“Money can’t buy you happiness” goes an old saying but let me haste to add that unless spent judiciously, money can add to your misery many fold. So very often, people try to cover up their loneliness or misery by overspending on their credit cards. Before you realise it, there is a huge outstanding debt that seems insurmountable. Calls from collection agency agents make your life a living hell. If you feel that there is a no way out of this situation then let me assure y......
Travel miles credit cards are the ones which are used by people who frequently travel on business trips. The main need for this card arises when the person does not want to have cash with him while travelling, for fear of losing it. In fact, many people do not like carrying huge amounts of cash which they require. For this purpose, the travel credit card was introduced by the banks. There are many benefits that one can have with the use of travel cards.
Firstly, there are many banks which ......
In its narrowest interpretation, factoring is a commercial product where a business entity known as a ‘factor’, purchases accounts receivable from any other business or commercial enterprise at a discount, and pays for these accounts receivable with immediate money. However factoring has come a long way since its original concept and today factoring is a vehicle which enables a business to raise quick money for working capital or to fund any other activity. Factoring is a useful fi......
The official cash rate has been left unchanged by the Reserve Bank of Australia.
The Reserve Bank of Australia has left the official interest rate unchanged at 4.5 per cent.
This is good news for those looking to continue earning high rates on savings accounts
Glenn Stevens, governor of the organisation – which last upped the cash level in May, the month in which it later declared home loans were about the right level – predicted that the global economy will ease back to around......
I’m going to let you in to a little secret. At Lee Byers, as you know, we help people with their financial enquiries every day. We have a dedicated team of offshore experts on hand to assist with everything from an offshore bank account to QROPS, from health and life insurance to complete wealth management…but ever so occasionally we get an email through directly asking us whether an offshore bank account can be used as a tax shelter.
These enquiries tend to be from those in high t......
Today, FOREXYARD’s Chief Market Analyst Greg Holden releases his much anticipated study of this year’s Greek debt crisis. From his unique Forex analyst perspective, Greg has been able to provide stimulating insights into how traders managed to ride the economic wave to secure sizeable profits.
Economic analysis is difficult without an understanding of the bigger picture. As a Forex trader, you want access to the most up-to-date market news you can get your hands on. But even......
Mutual fund investing is not an easy task, fund selection is the most essential part of the entire process. Many have different doubts about the investment procedures, but there is assistance that is on offer by many financial institutions that try to make the investment procedures simple.
They help in choosing the right option of investing by providing the clients the right information and knowledge about the art of mutual fund investments.
For those, who have some doubts about the mu......
An expert has said that interest rates will not distract people from saving.
People looking to take out savings accounts such as ISAs or fixed rate bonds in the near future will not be put off by the current level of interest rates in the UK.
That is according to Jason Riddle, co-founder of Save Our Savers, who has said that anyone dependent on the income provided by the cash they had previously put away for the future “may be forced to spend their capital” or may feel that it......
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