Rubriigid: Finantsnipid

How do you know you're ready to start investing? Is it when you start working? When you need to save for a deposit on a house? Knowing when to start investing can lead to a big question mark for many people. Since every person's situation is unique, there's no exact right time to start investing.…

When spring rolls around each year, there is no better way to start fresh than with spring-cleaning your finances. While most people associate spring-cleaning with wiping down walls and dusting blinds, spring-cleaning your finances can be even more rewarding than a squeaky-clean home. So, what does it mean to spring-clean your finances, and where do…

In both Europe and North America, inflation has been a topic of great importance in the first quarter of 2022. Until recently, and despite widespread criticism, the European Central Bank (ECB) continued to hold firm opposing hiking rates. However, with Euro area inflation up to 5.8%, calls for the ECB to increase rates immediately are…

Many people think you have to be extremely wealthy to invest money. But the truth is, almost anyone can invest, and investing with very little money is easier now than ever before. If you’re worried that you don’t have enough money to invest, investing is one of the best things for you to do! Read…

One of the best ways to learn about anything is by reading. Everyone has a different approach to money and earning, spending, saving, budget, and investing. Books can be an excellent resource for anyone interested in learning more about personal finance and money management. But with so many books claiming to offer a revolutionary outlook…

If you've inherited money from a family member or loved one, you might be wondering what to do next. A financial windfall can often come as a bit of a shock, but it's crucial to maintain a level head and make intelligent decisions with these newly acquired funds. An inheritance brings specific responsibilities, and choosing…

When individuals lend money to other individuals or businesses, it is known as peer-to-peer (P2P) lending. Traditionally, when a person or a business needs to borrow a sum of money, they go to a bank or other financial institution to apply for a loan. P2P lending eliminates the need for the bank as the middleman,…

There are 44 countries in Europe, 11 of which are also the top 25 largest economies globally. What drives these booming economies? What similarities do they share, and what sets them apart? How does Luxembourg—Europe’s wealthiest nation—have a GDP per capita that’s greater than 30 times that of Moldova, the continent’s poorest country? To better…

If you’re serious about achieving your financial goals, creating a financial plan is a great place to start. A financial plan is beneficial for anyone, regardless of age, income, or net worth. Though it may not be easy to create a financial plan that you will abide by, it’s an investment of time and money…

If you haven’t already felt the effects of inflation, you may be in for a rough ride ahead. In 2021, seven in ten people from over 30 countries worldwide reported experiencing price increases for everyday essentials like food and transportation. And this is due to a higher inflation rate. Which countries are hardest hit by…