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?” »
Tag: Investing
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” »
Whether it’s a statement flower wall to rival Kim and Kanye’s wild wall of blossoms, not one, not two, but three breathtaking wedding gowns à la Chrissy Teigen or Serena Williams, or simply a princess-worthy diamond tiara, chances are you have something extravagant in mind for your wedding day. But here’s the thing: all that … Read More “Easy ways to make your wedding cheaper” »
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?” »
A money market fund is a type of mutual fund that invests in short-term, highly liquid assets. These instruments include cash, cash equivalent securities, and debt-based securities with a high credit rating and a short maturity (such as U.S. Treasuries). Money market funds are designed to provide investors with high liquidity at low risk. Money … Read More “What is a money market fund?” »
Are you prepared for the tax adjustments that come with marriage? Getting married is a significant life event, as well as one of the most gruelling processes you’ll ever experience! You can’t blame people for forgetting about mundane things like taxes when there’s so much going on, but you don’t want to be caught off … Read More “5 tax tasks for newly married couples” »
Despite the fact that automobiles have become important for the majority of people, particularly those living in cities, few have enough information about how to obtain one. This reality, however, has not discouraged people from acquiring cars by a long shot. Countless firms, both national and worldwide, have been significantly expanding their operations and production. … Read More “Tips to Follow while purchasing a new car” »
Parents of special needs children must establish financial preparations for the next two generations. They must provide for their personal needs as well as the current and future requirements of their child. Planning is required for the time when they will not be around to provide direction and support. The cost of raising a child … Read More “How to plan financially for children with special needs” »
Tax-free bonds are government securities whose interest is totally exempt from income tax and does not count toward total income under the terms of the Income Tax Act of 1961 section 10 (15) (iv) (h). Tax-free bonds are generally seen as a low-risk investment option by investors. These bonds have a minimum maturity of ten … Read More “Top actively traded tax-free bonds that bring safety and returns for retirees” »
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?” »