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...
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Top 3 financial risks while on vacation
While on vacation, the main goal is to relax and recharge with positive emotions to more easily cope with your work and daily tasks when you get back home. Of course, each trip involves some kind of preparation, which varies in duration and complexity, depending on...
How to choose a life insurance provider?
Have you ever wondered what would happen to your family if something unfortunate happened to you? Some people work for almost all of their lives just to be able to provide the basic needs of their families. Others work to pay for their children’s education and take...
Digital Will vs. Traditional Will
Why do we need a Will? The primary reason people around the globe prepare wills is to protect their digital and financial assets by specifying how their inheritance will be distributed. Testators can specify as beneficiaries their loved ones, as well as other people,...
Ana Mineva, speaking about entrepreneurship at ESMT Berlin
Ana Mineva, the female co-founder of DGLegacy, speaking about entrepreneurship at ESMT Berlin. A few months after the official completion of her Executive MBA at ESMT Berlin, our female co-founder, Ana Mineva, had the opportunity to be back on campus. This...
3 important steps in your financial planning
Many people these days do not see the value of financial planning and the impact it might have on their life. Everybody has some financial goals, some dreams about the future, such as having a nice big house with an enormous garden and a swimming pool or driving a...
5 important things you need to know about life insurance
Life is a mystery. Many unexpected events, both good and bad, can occur at any time of our lives. Unfortunately, we cannot predict those events, we can only prepare for the worst and hope for the best. Life insurance is a contract between a person and a life...
Last Will and Testament vs. Estate Planning
Do you remember the last time you went to a movie? I guess you haven't forgotten how you prepared for it: You considered who you wanted to share this experience with. You thought about what genre of movie you wanted to watch. You checked whether this genre suited your...
Traditional vs. digital estate planning
Traditional estate planning Traditional estate planning enables people to protect their personal assets. These assets range from various types of financial items such as bank accounts, company shares, and stock portfolios to tangible assets such as art, antiques, and...
Last will and testament: what are the benefits and when do you need it?
What Is a Last Will and Testament? A last will and testament (commonly referred to as simply a “will”) is a legally binding document which specifies a person’s wishes regarding the inheritance of his or her various assets. In other words, your last will and testament...