A recap of our videos in June 2020

This month, we started by providing tips on emotions to avoid when making a financial decision, and then we talked about Go & Grow tax report, how to edit your Go & Grow investing goal and lastly, why credit card payments may decline. You can catch up with the details below.

Tips: Emotions to avoid when making a financial decision – Bondora

Emotions, they say, are essential part of human interaction. It helps us better understand and communicate, perceive ourselves and engage others in your relationships. All emotions influence us, even if we don’t realize it and enrich our lives for sure, but they may not always work on our behalf when it comes to making decisions.

Psychologists say that it is never a good idea to make a decision out of anger. Other such emotions can be fear or confusion, anxiety, or even love and excitement.

It’s important to keep emotions aside or at least not prevalent when making important decisions, and rather basing them on facts.

Basing your finances off of emotion can have devastating consequences. It’s not just that you have to learn to manage your finances without using your emotions, it’s best to understand why these emotions get in the way of sound financial decision making.

If you are interested to read more on this interesting and controversial topic, check out our recent blog post.

Have you ever made an important decision based on your emotions solely and overlooked the facts?
Was it a right one or you had some regrets after?

Leave us a comment below and subscribe to our channel for more videos. Until next time, thanks for watching, keep investing and bye for now.

Go & Grow tax report – Bondora

The tax treatment is different for Go & Grow compared to our other products, which is why you can download a separate tax report specifically for Go & Grow.

To get started, open your Go & Grow. Click on the Settings icon on Go & Grow page and choose the first option ‘Go & Grow tax report’. Then, specify the time period and click on “Create the report“. After that, it will immediately generate and download your report in PDF format.

How to edit your investing goal on Go & Grow – Bondora

Hello viewers! In this video, we’ll take a look at how to edit your Go & Grow investment goal.

When you initially open your Go & Grow account, you can select from different investing goals, such as

  • Retirement
  • Big purchase
  • Travel, and more.

Choosing a specific purpose helps you to create an investment goal that makes it easier to stick to your plan. But if your goal changes or you’ve reached your target and want to set a new goal, you can easily edit it from your Go & Grow page.

  1. Go to your Go & Grow dashboard
  2. Click the settings icon in the upper right corner
  3. Select ‘Edit purpose and goal’
  4. Complete the details, and then you’re done!

Stay on track with your goals and reach your potential with Go & Grow.

Card payments: Why was my credit card payment declined? – Bondora

Hello viewers! Have you tried to make a deposit to your Bondora account with your credit card, but then your payment gets declined? If this has happened to you, then you need to watch this video.

There are two main possible reasons for your credit card payment being declined:

1. Your country isn’t supported

We only accept credit card payments within the EU and European Economic Area (EEA).

The accepted countries are shown here:

Czech Republic
United Kingdom

All credit card payments made from other countries are blocked.

2. Your card/transaction limit has been reached

Card and transaction limits are in place to make the overall experience safer for investors. In our experience, fraudulent activities related to payments are usually made via credit card transactions. This safety measure is just one of the many ways we protect our investor community. Try to make a payment from your other cards, or doing a direct bank transfer instead.

And that’s it! If you want to know more about credit card payment failures, click the link in the description or email us at investor@bondora.com

Remember to subscribe to our channel for more videos. Until next time, thanks for watching, keep investing and bye for now.

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