If the continuing coronavirus epidemic has taught us anything, it’s that an emergency can hit at any time and there’s nothing you can do about it but be prepared. While an event such as earthquakes or floods, a health problem that keeps you from working, or an economic downturn that results in job losses and … Read More “How to set up an emergency savings account?” »
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After eight years of steady house price increase, the great housing boom in the United States continues unabated. Continued low-interest rates and the government’s huge stimulus initiatives to buffer the impact of the pandemic have boosted the economy. The market’s limited supply of houses has added to the upward pressure on housing prices. The S&P/Case-Shiller … Read More “How the US housing market has changed in the last 5 years” »
An emergency fund is your rainy-day fund, designed to help you get by when you have a sudden monetary need that your normal wage or savings can’t cover. A medical emergency – for yourself or your family – is the most common reason for this urgent requirement. This could be the result of an accident … Read More “Do you need emergency funds if you have medical insurance?” »
Pre-approved personal loans are short-term loans that are made available to a chosen group of customers. It necessitates minimal documentation and does not necessitate any collateral or security. To be qualified for a quick loan, you must have a strong credit history and a track record of repayment. Many banks and non-banking financial firms (NBFC) … Read More “What Exactly Is a Pre-Approved Offer?” »
In recent years, the number of companies offering Employee Stock Ownership Plans (ESOPs), particularly start-ups, has expanded dramatically. When it comes to acquiring and retaining long-term employees, employers are turning to employee stock ownership plans (ESOPs). ESOPs have become a substantial source of wealth creation for start-up employees, as seen by many initial public offers … Read More “Should employees seek ESOPs instead of a higher salary?” »
Micro-investment is the foundation of the change investing concept. These fintechs keep track of your expenditure. Every time you spend money on something, whether it’s clothes, food, or anything else, they encourage you to invest a tiny bit in assets. Small sums of money, known as change money, can be invested in assets ranging from … Read More “Apps that allow you to invest loose change in mutual funds, gold and US stocks: Should you download them?” »
Younger generations are much less likely than older generations to possess their own home at the same age. Due to changes in the economic environment, younger individuals are waiting longer to leave their family home. This is preventing them from being self-sufficient. The labor market, the housing market, and financial conditions fluctuations can leave an … Read More “Why the 2022s Housing Market is Going to Make Inequality Even Worse” »
As the national average for a gallon of ordinary gasoline has witnessed huge price swings over the last few years, volatile gas prices have taken center stage in the media. Geopolitical tensions, hurricane seasons, Mississippi floods, and increased travel demand during the summer driving season have all pushed costs higher in the past. Higher gas … Read More “Why do Gas Prices Matter So Much?” »
Before investing in any mutual fund scheme, a mutual fund fact sheet examination is required. It informs you about the fund house, the plan’s makeup, and where your money will be invested. A mutual fund fact sheet is a necessary document that provides a summary of the mutual fund and its performance. It is beneficial … Read More “What to look for in a mutual-fund factsheet?” »
Following all necessary regulatory clearances, the merger of Housing Development Finance Corporation (HDFC) and HDFC Bank will be completed, and the portfolio of your mutual fund schemes comprising these stocks may alter. The merged entity’s weightage in the NSE benchmark Nifty is projected to be over 10% based on the existing weights of both heavyweights … Read More “How the Merger of HDFC and HDFC Bank affects the nifty benchmark” »