13 September 2016
How to make low interest rates work for you
Interest rates will fluctuate from time to time. At times, the changes are negligible and will have almost no bearing on your repayments but you need to look out for substantive changes. When interest rates are low, you ought to make sure that you are paying the lowest or one of the lowest interest rates. […]
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8 September 2016
How lenders assess loan applications
The purpose of loan applications is solely to establish your eligibility and to assure the lender that you would pay back, with interest and on time. Hence, only two things matter in loan applications: your financial health and personal profile. Financial health pertains to present income, assets or savings you have, financial liability and source […]
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6 September 2016
Budget Planning: 5 numbers you need to know!
Budget planning is all about numbers. The firmer grasp you have over your incomes, expenses and savings, the better you would get at budget planning and long term financial planning. To get started with budget planning, you need to know five numbers. The first number is the amount of money you are earning. Depending on […]
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31 August 2016
Become Money Saving Smart
There is no start date or end date for saving. One should start saving money at a very young age, preferably in the teens so that it can really develop into an old habit, hard enough to shun. Those who do not get enough allowance or don’t have part-time jobs as a student can start […]
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29 August 2016
6 Money Type Personalities
You shouldn’t approach financial planning unless you understand the type of personality you have. We aren’t talking about your personal or professional attributes. Every person has a certain personality when it comes to money matters. There are six money type personalities.   There’s the enthusiast. The enthusiast is a person who is proactive with his […]
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4 May 2016
Be a Smart Borrower
There are some expenses that require a loan. Borrowing money does not have to be a bad thing, but you do need to be responsible. There are instances when borrowing money is a necessity. If you are looking to make a major purchase like a home or car, it is often unavoidable. Before you borrow […]
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