Category: Financial Well-being
Financial well-being is the ability to meet your current and ongoing financial obligations, feel confident in your financial future, and have the freedom to make choices that contribute to your overall happiness.
You’ve Inherited Money; Now What?
maart 18, 2022
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…
P2P Lending: Pros, Cons, and How it Compares to Other Investments
februari 25, 2022
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,…
The European Economic Picture
februari 18, 2022
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…
Critical Steps to Creating Your Best Financial Plan
februari 11, 2022
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…
2022: Inflation Update
februari 3, 2022
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…
10 Successful Tips to Negotiate a Better Salary
januari 28, 2022
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…
9 Investing Misconceptions You Should Stop Believing Now
januari 20, 2022
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…
Fintech news update: Bitcoin, Unicorns and More
januari 14, 2022
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…
How to Make 2022 Your Best Financial Year
januari 6, 2022
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…
New Year, New Investment Goals
december 16, 2021
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.…