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...
The peace of mind dilemma At some point in our lives, many of us are full of enthusiasm about buying a nice home for our families, ensuring a good quality of life for our loved ones, and providing a good education for our children. These are all great intentions,...
The case for asset protection Asset protection is mainly associated with various strategies for guarding people’s wealth. In the past, these strategies were primarily aimed at protecting assets from creditor claims. The goal was to limit the creditors’ access to...
Whether or not we realize it, we all have various assets that increase both in number and complexity as we progress through life. We're talking: insurance policies retirement funds Stocks real estate digital goods cryptocurrencies Тhe list goes on for a while.20 years...
Many people think that keeping track of their personal finances means observing and processing their income and expense information, which in turn helps them identify bad spending habits and improve. But is that all there is to it? Let's start by providing a...
What is a stock portfolio? Let’s start with the definition. The stock portfolio is a component of the investment portfolio that contains various stocks. Think of it as more of a concept than a physical collection. Depending on the country you’re in and on the method...
Personal finance Personal finance is a term that covers many aspects, such as managing your finances, various strategies for maximizing the value of your financial assets, retirement planning, saving, investing, insurance and tax considerations. Of course each of...
Why do we need asset protection? Many people nowadays have complex and diverse assets, which in addition often reside in multiple countries. The interesting thing is that many people don't even realize that. It’s only when you start thinking about it, you figure out...
The big shift to password managers The big shift to password management services is not a surprise, especially given the increasing number of online accounts the average person has. In addition, people have more and more diverse and complex assets which also...
