Category: Financial Well-being

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…

If you’re one of the millions of people looking to get a better salary or searching for a new job, it’s essential to learn how to negotiate a better compensation package for yourself. Even if you plan on staying in your current position, understanding how to negotiate effectively can help you land the pay increase…

For some people, investing is a strange, foreign concept that can lead to confusion. Even worse, it can lead them never to invest. Everyone seems to have an opinion on investing, and it can be hard to know who to trust. But if you avoid these 9 nine investing misconceptions, you should be on the…

The red-hot fintech sector continued to surge through the conclusion of 2021 and seems poised to carry its momentum through 2022. Let’s recap some recent highlights, including the growth of challenger banks and the farfetched plan to build a “Bitcoin City.” While the United States is home to the majority of fintech unicorns (60%), the…

With the arrival of a new year comes a new opportunity to improve your financial situation. You can make 2022 your best financial year ever. Read that again. Yes, 2021 certainly was a turbulent year full of unexpected surprises. But regardless of what happened in 2021, you have what it takes to make 2022 your…

It's that time of year again to set your intentions for the next 12 months. And that not only includes your physical and emotional health, but your financial wellbeing too. Before the calendar turns, take time to reflect on what you want to achieve in this new year, and how you plan to do it.…

You might have heard that getting into debt is bad. However, debt isn’t such a black and white concept. There are many reasons why getting into debt can be helpful. That is why it’s important to distinguish between good debt and bad debt. If you do, you’ll know when it makes sense to use debt…