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
Money saved is money earned. This is an age old proverb which still continues to be as relevant as it was some thousands of years ago. However, saving is something which has to be inculcated as a habit and does not come easy. It is something that has to be started, when one is young. Once a person starts to make it as a habit, then it would be difficult to come out of it. On the other hand, once you decide not to make saving a habit, falling in line at a different point in time would be extremely difficult, to say the least.Read more
All the banks around you are announcing a lot of offers and customer retention programs to keep you in their business. This shows how profitable the banks find your account. This is mainly due to the bank fees incurred by the customers, every year.
Most of the people with or without knowledge are spending a lot of money as bank fee. The Bank introduces fees for a lot of different reasons from maintenance to the transaction process. Though the fee looks small in the beginning, they add up to a big figure. Small or big, it is once again your money that you can save. Here are a few fees that can be avoided.Read more
The first fear of retiring is the financial insecurity. Your incomes would drastically decrease and your spending might be higher than usual. According to a survey, about 50% of the people have not planned enough money for their retirement and about 20% of them have not started their retirement planning. Here are a few tips to help you plan your retirement perfectly.Read more
There are many people who create a ‘work area’ in their home so, when they are in their home, they can concentrate on their work. It furthermore helps to set a visual perception in the space, concentrating on the working goals, they are heading towards.
You get the best part of both the worlds: domestic and corporate. You get to work at your own home, yet you earn money like you would, if you worked at an office. It’s like owning my cake and getting the opportunity to eat it too. Who doesn’t wish to own the cake? Work from home has its advantages. However, it’s not as easy as it sounds. There are several things, I have learned from the last fourteen years regarding how it is in actuality, to work from home.Read more
Though each one of us would like to spend holidays with our family members, the biggest problem is not having the right kind of money. On many occasions, though we might have the resources, finding timing is a big challenge. However, in this article we will be having a look at the various ways by which a good holiday can be planned within a budget.Read more