Author: James Paul
The job market is more competitive than ever before. If you want to secure a role at a thriving company, you must stand out from the crowd of talented, skilled candidates. While a degree and experience can hold you in good stead, it might not be enough to help you land your dream career. To walk into a new position at a successful company in the near future, read the below guide to improving your employability in 2020. Work on Your Tech Skills Most modern companies expect their employees to have a good grasp of computers and various technologies. If…
Bonds are a staple in investment portfolios, offering investors a way to generate income with relatively lower risk compared to stocks. However, not all bonds are created equal. Government bonds and corporate bonds both play a significant role in building a stable investment portfolio, but they come with distinct characteristics, risks, and benefits. Understanding how these bonds differ and how to balance them for stability is crucial for any investor looking to optimize their portfolio. Understanding Government Bonds Government bonds are debt securities issued by governments to raise capital, backed by their credit, and considered low-risk. They typically offer lower…
Easter Monday is one of the most recognized holidays in nearly every country on Earth. Being the day after Easter Sunday, it is about reflection and rejoicing. And if you have banking work or financial operations set for that day, the question would be, Are banks open on Easter Monday? What is Easter Monday Easter Monday is a public holiday in many countries, especially those with this Christian tradition. Celebrated in Europe, Australia, and Canada predominantly, it also finds some observation in parts of Africa and the Caribbean. In the United States, it is not a federal holiday, but several states…
A trust is an agreement between two parties; the other party in a trust arrangement is the settlor, transferring the assets to another party known as the trustee, who then holds them in the trustee’s name and capacity on behalf of the beneficiaries. Trusts are often incorporated in estate planning for protection and tax advantages, and sometimes for charitable purposes. Formation of trusts in Canada involves a few processes, legal considerations, and documentation. Here is the general step-by-step process on how to establish trust. Understand the Basics of a Trust Before creating a trust, it is important to understand its…
Financial literacy relates to one being able to understand and make effective use of one’s resources. It deals with the acquisition of the knowledge, skill, and confidence to make sound financial decisions in what is becoming an important area for personal and family financial well-being. Financial literacy training is not mainly about saving but about understanding how to use financial tools, such as savings, loans, investments, or insurance, to increase one’s financial well-being. Here are nine common topics discussed in financial literacy courses. Examples are included to illustrate how the discussion could benefit participants. Each of the nine topics is therefore…
Managing your money wisely is particularly important when you are at the starting point of your career. At this point, your salary may be small, but good financial habits can make all the difference in the long run. Traditional money advice fails to consider the emotional and psychological factors that affect how people spend and save. Let us break down the psychology of budgeting and make budgeting simple and practical. Why Budgeting Matters Budgeting has nothing to do with being miserly or depriving yourself of things. It is about intentional spending. The research also shows that budgeting has a lot to…
You were keeping up with your mortgage payments. You thought you had all your finances planned to the nitty-gritty with a detailed budget in place and then bam! Life happens. Unexpected repairs or large monthly bills have you cornered. You’re stressed on how to cover these costs. In such cases, a second mortgage may be the solution. What Is A Second Mortgage? First mortgages are intended to help finance the purchase of a home by providing funds. This helps ensure you don’t have to empty your life savings from the bank account or put up thousands of dollars at once…
Do financial blogs make money? The short answer would be yes; however, that depends on many different things. The world of finance blogging offers a wide variety of options, and diving into the portfolio of monetization options can be a maze. Don’t worry; we are here to give you all the right signals. If you are looking for efficient strategies to transform your financial acumen into a stable income flow. It’s time to take this bull market by the horns. How Does a Financial Blog Make Money? There are many ways financial blogs can generate revenue. Importantly, though, it is…
We are going to give you some Amazon tips today so you can shop online at Amazon and save even more money. One website that people always turn to is Amazon because of its excellent product variety and ease of use. If you are a member of the Prime program, you may enjoy even more perks, like free and quick shipping. There are other methods to save even more money while purchasing on Amazon, and you are bound to find some here that you hadn’t considered. #1. Use your Amazon coupons. Amazon provides coupons in three different forms: link coupons,…
An adjustable-rate mortgage is one choice you may encounter if you’re looking for a house loan. For the first part of the loan’s duration, the interest rate on these mortgages is set; after that, it fluctuates at regular intervals. When rising rates on fixed mortgages are starting to price certain borrowers out of the market, this kind of mortgage may be a more affordable way to purchase a property. Is the possibility of future, unidentified, and greater payouts worth it? Here’s how to determine if an adjustable-rate mortgage is right for you. How Adjustable-Rate Mortgage Works? An initial fixed interest…