Personal loans are a popular way to cover a wide range of expenses, from home renovations to medical bills to credit card repayments. However, one must be careful when taking a personal loan, as too much debt can quickly spiral into a debt trap. That’s where a personal loan EMI...
For most individuals, a Savings Account acts as the primary mode of transacting with banks. It serves as a place to deposit extra cash. It also lets you build a safety net for your loved ones. Apart from this, when you open such an account, you can enjoy other benefits...
In today’s digital age, online investments have become increasingly popular. Whether you are interested in stocks, cryptocurrencies, or real estate, the Internet offers a plethora of opportunities to grow your wealth. However, making profits in the online investment landscape requires careful planning, knowledge, and the ability to adapt to changing...
Recessions are a normal part of the economy and life – we should learn more about them and how to handle them. A recession affects all aspects of our life and economy, including the real estate market. It is a market that sees an apparent shift. However, Going through a...
Financial uncertainty is an inevitable part of running a business. Market fluctuations, economic downturns, and unexpected challenges can disrupt even the most carefully laid financial plans. Having a trusted financial expert by your side is invaluable in times like these. This is where services like virtual CFOs come into play....
EBITDA is an abbreviation of earning before interest, tax, depreciation, and amortization and the EBITDA calculator is a tool that plays a significant role in determining the growth of any industry and also helps you to compare your industry in the same sector. With this you can also estimate the...
Being an entrepreneur can be both thrilling and daunting at the same time. As much as you’d love to focus solely on coming up with innovative ideas, launching new products or services, networking with potential clients and investors, and growing your business – managing finances is just as essential for...
In the digital era, where everything is just a click away, it’s no surprise that the world of finance has experienced a significant transformation. Sri Lanka, once reliant on traditional banking systems, is now stepping into the futuristic world of online lending. And at the forefront of this transformation is...
Do you find yourself stuck on a cycle of taking out new debt to pay back older debt? Yikes. That’s definitely not a good place to be. The thing with borrowing money is that you don’t stay so happy for long. It almost comes with stages that I’m sure you’re...
Introduction Unit-Linked Insurance Plans (ULIPs) and Mutual Funds are the two popular investment choices. These two options frequently top the list when looking for long-term wealth-creation strategies with tax advantages. In the previous financial year, a report by India’s market regulator, the Securities and Exchange Board of India (SEBI), covered...
When investing, striking a calculated balance between risk and reward is crucial for achieving long-term financial goals. Among the myriad investment options available, variable annuities emerge as a remarkable choice, offering the potential for substantial growth and consistent income. With their unique features, such as tax-deferred growth and the ability...
Apart from energy supply charges and any installation fees your utility company may impose, the price per kilowatt-hour of electricity varies significantly based on season and region. Power companies frequently increase rates during periods of high demand – thus cutting usage during such times could help save you money! Seasons...
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