TOP FUND managers look after vast sums on behalf of ordinary investors, which means that millions are entrusting them with their future prosperity. The five most popular actively managed funds now hold an incredible £80 billion among them, but size is no guarantee of success. You should check the performance of all your funds regularly, […]
Paying less than you owe to creditors sounds like a good deal. But debt settlement isn’t what it seems. If you’re considering working with a debt settlement company — which negotiates with your creditors to accept less than what you owe — look beyond the marketing pitches. These programs have inconsistent results and can be […]
Community care retirement communities promise to see retirees through independent living to skilled nursing care — usually for a hefty upfront fee. Before turning over a chunk of your nest egg to a community, check out its financial stability and services first. Begin by digging deeper into the quality of its health care. Use the […]
People often say that one of the reasons why they don’t save money is because they find it difficult to keep track of what they’re spending. Fortunately, there are lots of money apps out there that can help with this. We round up the best, which are all available on iOS and Android. Stocard This […]
January can be a tough month for our finances. Not only is a long stretch between being paid before Christmas to your next pay date in January, but there’s also that post-Christmas squeeze many of us feel at this time of year. Top this off with it being deadline day on January 31 to complete […]
MELISSA Browne is an accountant and financial adviser, but that doesn’t mean she was brilliant with her own money. In fact, she learned the hard way how to sort out her own finances. She’s sharing her experience and tips in a new book Unf*ck your Finances, published by Allen & Unwin on 24 January. Below […]
Most states take a scattershot approach to teaching personal finance concepts to high school students, a newly released financial literacy report card finds, with just a handful of exceptions. The 2017 Financial Report Card from Champlain College’s Center for Financial Literacy gave just five states — Alabama, Missouri, Tennessee, Utah and Virginia — an A […]
Many people are asking how to start a business. It’s not that they don’t know what product/service they want to offer; they just don’t know how to move it forward. They are stuck. Well, the only way to start a business is to just start. Here are a few tips to help you along. There’s […]
CAPE TOWN -Just what are credit rating agencies? Credit rating is a process of assessing and scoring the creditworthiness of would-be borrowers, on a standardised basis, to help lenders to decide who to lend to and on what terms. Logically, if you were told that one borrower has a good credit score and another one has, […]
Last year was a year of mixed fortunes for investors, and as such it offered a number of sound investment lessons. 1. Say no to the narrative, not the opportunity It’s easy to get caught up in market narratives. When news flow is good and sentiment positive, investors tend to buy popular securities at any […]
Many Americans are sorely lacking in knowledge when it comes to basic financial terms, according to new research. A recent study of 1,000 Americans over the age of 30 found less than half of participants could confidently explain what a 401(k) is. The research examining people’s grasp of financial terminology found many struggled to define […]
Having good personal finance doesn’t mean you have to make a lot of money. One of the most common complaint is that people feel they cannot save money because they do not earn enough. Though many families are living pay check to pay check, there are some small and big changes you can make to […]
