You have more assets than you think. When we speak about assets, the first thing that comes to mind is stocks and investments. The reality is that people these days possess many more assets, even if they don’t realize it. These include retirement plans, bank...
Financial literacy has taken significant strides following the economic crunch that the COVID19 pandemic brought on markets and households. In addition, after many people lost jobs, businesses, and even lives due to the virus outbreak, people are starting to realize...
Protecting your assets With the technological advancements in our daily lives, many of us don’t notice that it’s becoming easier than ever to create and own digital and financial assets. The examples are numerous. The fintech revolution created many neobanks, online...
The basic reason for having life insurance is the promise that your loved ones will be protected financially in the event of your premature death. There are many types of life insurance, and all of them can protect your family or loved ones, but they differ in a...
Everyone wants financial security and peace of mind so they can enjoy their life. But every now and then we are bothered by financial worries – what will happen if I lose my job? Will my family be able to maintain their quality of life if something happens to...
First, let’s make an important distinction: there are, generally speaking, two main types of insurance for bank accounts. There’s the guarantee banks are required or encouraged by the state to provide, and there’s the private type of insurance you can purchase...
Everybody wants to be financially independent, but it is not something that suddenly happens while sitting on the couch. Financial independence basically means that you have enough money to live on for the rest of your life without having to work for money or...
Why your family might not inherit your money? Many people have hard-earned assets such as saving accounts in banks, insurance policies, stock options, company stocks, real estate, and RSUs. We all believe that if anything happened to us, these assets would go to our...
The #1 financial risk that you might not be aware of We all have financial fears related to insufficient savings for emergencies, not enough money for retirement, investment risks, etc. But there is one big financial risk hiding around the corner, which might be...
