Personal finance


 Why should HENRY individuals invest?

Why should HENRY individuals invest?

September 18, 2021 12:53 AM AEST| By Rini Zachariah

High earners not rich yet or HENRY are individuals with a significantly high income and the potential to be wealthy in the future but are not rich. However, they tend not to have savings. HENRY individuals are plagued by spending highly on consumpt.....

 How to secure your finances for post-pandemic world

How to secure your finances for post-pandemic world

September 18, 2021 12:47 AM AEST| By Manisha

The before-and-after economic scenarios of the COVID-19-hit world are a clear affirmation of how insecure life can be. The pandemic-induced lockdowns made some people crumble financially due to massive business losses or absence of income source. .....

 Here are few investing tips for GenX

Here are few investing tips for GenX

September 18, 2021 12:42 AM AEST| By Rini Zachariah

Gen X or Generation X are people currently hovering around their late 30s or 40s and 60s. They are born after baby boomers and before the millenials. As kids they received minimal supervision from their parents. The generation was thus more impacte.....

 Why UK students at a risk of tax scams

Why UK students at a risk of tax scams

September 12, 2021 01:20 PM AEST| By Rishika Raina

Highlights  Students taking part-time jobs are more vulnerable to scams due to less interaction with HMRC. Around a million people reported scams to HMRC last year. Over 5,000 phone scams have been reported by students in the 18-24 a.....

 What are Bitcoin debit cards and where all you can use it?

What are Bitcoin debit cards and where all you can use it?

August 13, 2021 09:40 PM AEST| By Team Kalkine Media

Highlights  Bitcoin debit cards are prepaid debit cards that allow user to top-up their card with bitcoins, which are then converted into fiat currencies to make purchase easier. There are mainly two types of Bitcoin debit cards: Plastic D.....

 Credit Card Myths You Should Know About

Credit Card Myths You Should Know About

August 05, 2021 11:14 PM AEST| By Kamalika Ghosh

Summary  Credit cards can help you manage your cash flow, build your credit rating so you can qualify for other financial products. There are over 62.8 million credit cards issued across the UK. The credit card allows a card holder to spe.....

 How to de-risk your pension savings?

How to de-risk your pension savings?

August 04, 2021 11:36 PM AEST| By Kamalika Ghosh

Maintaining a comfortable lifestyle with the same standard of living after retirement is among the most important financial goals of people. Pension schemes are the best long-term investments to secure your future and have a comfortable life post-r.....

 What is the over 80s Pension?

What is the over 80s Pension?

August 02, 2021 05:13 PM AEST| By Kamalika Ghosh

Summary  Everyone over 80 of age in the UK is entitled to pension of £4,000 a year. Over 100,000 retirees in this bracket have not claimed state pension payment yet, as per some reports. The pension is taxable and may affect your ov.....

 What is Couch to Financial Fitness programme all about?

What is Couch to Financial Fitness programme all about?

July 27, 2021 04:27 PM AEST| By Suhita Poddar

Summary  Launched by MoneyHelper, Couch to Financial Fitness is an online programme to help people deal with the financial impact of the Covid-19 pandemic. The new programme is based on a similar platform called Couch to 5K, which aims at .....

 Roth IRA: Is it the best way to invest money for your retirement years?

Roth IRA: Is it the best way to invest money for your retirement years?

July 27, 2021 03:39 PM AEST| By Kamalika Ghosh

A Roth IRA is an individual retirement account to which you can contribute after-tax dollars and that can provide you with tax-free income and growth in retirement, while there are no current-year tax benefits. You can also withdraw the amount tax-.....

 How to invest in dividend stocks in UK

How to invest in dividend stocks in UK

July 26, 2021 03:56 PM AEST| By Kamalika Ghosh

Summary  Investing in dividend stocks is a great way to generate a stream of stable income. Although higher dividend yield is considered favourable, dividend yield traps must be avoided. Dividend income may also get taxed. Dividend s.....

 Five tips to hack your way through financial freedom

Five tips to hack your way through financial freedom

May 29, 2021 04:05 AM AEST| By Aayush

Summary Compulsive buying is one of the most common habits that can easily eat up your corpus. It is always recommended to invest in yourself before you invest elsewhere. It is imperative to pay your debt as soon as possible to avoid your savi.....

 3 Financial tips to get you through coronavirus pandemic

3 Financial tips to get you through coronavirus pandemic

April 18, 2021 02:41 AM AEST| By Aayush

Source: CrizzyStudio, Shutterstock Summary The first step to strengthen your finances is to understand what you spend your money on. Take advantage of these special programs such as subsidies, unemployment benefits etc. During these challengi...

 Buying your dream home? Here are 5 basic boxes to tick  

Buying your dream home? Here are 5 basic boxes to tick  

March 25, 2021 12:22 PM AEDT| By Team Kalkine Media

Source: HAKINMHAN,Shutterstock Summary Buying a home needs proper planning and financial assessment. There are multiple home-loan options available. Do proper research to get the best home loan as per your situation and needs. Be practic...

 Five Tips to Maintain Financial Hygiene amid Rising Bond Yields

Five Tips to Maintain Financial Hygiene amid Rising Bond Yields

March 24, 2021 01:27 PM AEDT| By Damini

tions without freaking out to breeze through the uncertain market environment. It was one year back that the horrifying decline in major stock indices triggered by the COVID-19 pandemic spooked investors, wiping out substantial gains from global...

 Pearls of Financial Wisdom for Millennials

Pearls of Financial Wisdom for Millennials

March 23, 2021 07:07 PM AEDT| By Team Kalkine Media

start personal finance planning, the better your chances of reaching the targeted corpus. If you were born between 1980 and 1996, then you are a ‘Millennial’. There is an ongoing discourse that the millennial generation is more tech-...

 Want to retire early? Here’s how it is possible

Want to retire early? Here’s how it is possible

January 13, 2021 01:07 PM AEDT| By Edita Ivancevic

Image Source: Shutterstock Many Australians retire a lot later in life because in lack of a stable source of income, they have insufficient funds to cover the latter few decades of their lives. However, some achieve the ultimate dream of retiring e...

 What COVID-19 taught us: Six financial takeaways

What COVID-19 taught us: Six financial takeaways

December 29, 2020 06:06 PM AEDT| By Team Kalkine Media

The recent vaccination drives in the UK, the US and other parts of the world have rekindled the hopes of the global residents to return to the much anticipated normal. In the weeks to come, we can expect the commencement of COVID-19 vaccination dri.....

 Is passive income a real thing?

Is passive income a real thing?

December 22, 2020 07:34 PM AEDT| By Edita Ivancevic

Image Source: Shutterstock The world would be a perfect utopia if money grew on trees or if people could earn money without doing any work. However, the real business world is different, and there is no such thing as a genuinely passive income. Som...

 How to strike a conversation with your partner about the money goals?

How to strike a conversation with your partner about the money goals?

December 22, 2020 06:49 PM AEDT| By Edita Ivancevic

Image Source: Shutterstock When talking about dating and being in a relationship, one usually does not think about money and savings. At least, not in the first couple of dates. However, money in a relationship is more important that one may think....

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