You need to know that the insurance premium for your car is not a constant number. It depends upon a lot of factors. Basically, if the company considers you as a rational and disciplined person who would take his responsibilities, then your insurance premium would be low. The credit score is the best way for the insurers to determine whether you are a risk free customer or not.Read more
There are a lot of myths when it comes to the credit score. People want to make a better score and are ready to alter all the things which affect it negatively. There are a lot of misconceptions, when it comes to the elements, which actually create a difference in the credit score. Following are the few factors which are considered to influence your credit score.Read more
No matter what type of insurance you have, you are paying the premium out of your pocket. It is the money which could be saved for your retirement, spent on vacation or locked in an investment. A considerable reduction in the premium would help to save you a lot of money than you can imagine.Read more
There is no doubt that for most of the elderly people, life certainly is a curse. According to sources, almost 65% of the elderly population above the age of 60 has no other way but to depend on a job for sustaining themselves. Even though they may have put in more than 35 to 40 years of hard work in their active years, when it is needed most, money and security eludes them. So, in this article we will try and find out ways and means to plan for retirement through some simple steps.Read more
When it comes to the worth of the retirement fund, it all depends upon the tax. You will be left with the fund after the tax for spending. Thus, the amount of money which would go as tax is very essential. According to statistics, most of the people underestimate the power of the taxes. Retirement does not give the leverage of not paying taxes.
Most of the retirees think that the mortgage, leisure and health care are the top most expenses in the retirement fund. However, what they do not realize is that the taxes stand at the top in the expenses. 23% of the retirees do not even consider the taxes in the calculation.Read more
Though the economy is a big downturn, people have not stopped borrowing money. This means that most of us are in a debt that we cannot repay. On an average, each Australian household is in a debt of a little more than six thousand dollars as of April, 2014. As per statistics, 277 individuals are declaring insolvency, every day. That means, one person is becoming bankrupted, every five minutes and 12 seconds. Here are a few tips to make sure that you are not in that list.Read more
Just like the other businesses, you can also avail tax deductions for your work from home job. Basically, you can avail all the deductions that an SME can avail. The tax deductions can be classified into two major categories.Read more
As more and more, older people start worrying about their retirement plans, the year 2013 had something very surprising to show. It has been found that the traditional retirement plans still continue to be very much in demand.
After the crisis of 2008, the performance of traditional retirement plans has been phenomenal and that’s the reason that they are still not done away with. However, while this is good news, the big corporate houses may take a cue from them and stop offering them altogether.Read more