Jan 29 2010

Do I need life insurance

Tag: Financeadmin @ 7:40 pm

We have stepped into an era of time, when our security if life is a real issue to be concerned about. Thus many associations introduced the concept of life insurance. A life insurance is a backup financing facility in case you suffer an accident or if you expire then your family will be given all the amount with which you have been insured so that some amount to start their lives from stage one again.


Jan 09 2010

Getting an eductaional loan

Tag: Financeadmin @ 7:40 pm

Educational loan is not a new concept to any of us. A child who steps into his secondary school, his or her parents do think of it one day or the other as a means of assurance of funding to their child’s future studies in case due to some problems they are not able to finance him or her for their education. Almost all the banks worldwide feature the facility of educational loans.


Aug 02 2009

Family Budgeting

Tag: Financeadmin @ 8:58 am

Any good family should have a monthly budget that they stick to. When a family has a budget it becomes easy to deal with emergencies and plan for those wonderful family vacations. Simply putting a budget on paper is a great start since it gets you a visual of where your money comes from and goes every month. First start off by listing all your income sources. Make sure to include only regular income and not one off payments. Next start to list all your expenses. Make sure to remember all of them and then allow for emergency money each month. This will give you a good family budget picture.


Jun 27 2009

Dollar Cost Averaging

Tag: Financeadmin @ 8:57 am

With this unstable economy it is hard to predict and invest using the old “buy low, sell high” adage. In times like these it may just be wisest to invest in some dollar cost averaging to ensure a stable increase in value over your long term investment. Investing with IRA or employer-sponsored savings plan is not the way to quick riches but it can virtually guarantee a slow and steady growth of your money until it is time to retire and cash out those assets. Dollar cost averaging is based on continuous investment in securities even when prices are unstable.