Category: Finance

Financial planning is the process of figuring out how much money you have, what your expenses are and where your future financial goals should be. For millennials and Gen Z, it can be particularly challenging. Achieving financial independence means having enough savings and investments to live comfortably without working. It also means being debt-free. 1. […]

• Finance

Digitalization is transforming the banking industry. Customers now expect more services to be available online and through a serve-yourself model. New technologies are bringing analytics and AI into the branch to improve customer service and uncover new opportunities for business growth. For example, IoT sensors and dynamic digital signage enable banks to track customer waiting […]

• Finance

Many children lack the financial expertise needed to handle their own finances effectively. They may not comprehend the significance of hard work or how to make informed decisions regarding spending and savings. Financial literacy must begin early. Here are a few strategies to promote it: Discuss Money: Sharing experiences such as choosing the lowest grocery […]

• Finance

Tech companies traditionally enjoy an elevated valuation premium relative to the wider market. This premium surged during the pandemic but is gradually declining as growth slows and interest rates rise. The sector is vast and expanding – new technologies such as blockchain and AI are pushing boundaries while entrepreneurs work tirelessly in garages to develop […]

• Finance

Mental illness impedes an individual’s ability to manage emotions, relationships, and decision-making effectively, and it may interfere with saving money, paying bills on time, or overcoming financial challenges. Many people experience financial anxiety. Their concerns center around meeting daily expenses, their credit score and having enough emergency savings for unexpected challenges in life. 1. Develop […]

• Finance

In today’s digital age, technology has revolutionized the way we interact with sports. From live streaming to fantasy leagues, fans now have more opportunities than ever to engage with their favorite teams and athletes. One exciting development in this realm is the emergence of sports chatbots, intelligent virtual assistants designed to enhance fan engagement. By […]

• Finance

Anyone who donates their time, effort or finances towards an effort they believe in can be considered a philanthropist; however, family charities tend to be more structured than individual efforts. Context-sensitive philanthropy can bring economic and social goals closer together. One example is Cisco Systems’ network administrator training program which addresses local talent shortage while […]

• Finance

Financial advice can often contain misguided and disingenuous advice, so it is critical that individuals differentiate fact from fiction when making financial decisions. Misconceptions and myths regarding saving, investing and money management can stymie wealth creation if we let them. Let’s examine some common financial misconceptions to debunk them. 1. It’s not worth saving if […]

• Finance

Life can be unpredictable and your retirement plan may experience setbacks along the way. To make up lost ground, adapting your lifestyle or working longer may help make up any shortfalls in savings. Assuming you haven’t already, continue making the maximum contributions to your 401(k) and IRA (and take advantage of federally approved catch-up contributions […]

• Finance

People’s financial beliefs and attitudes are formed from both nature and nurture, such as a person’s upbringing and family values. A recent study revealed that personality traits can influence how you save and spend money. People who shared certain personality traits were significantly more likely to save than those without these characteristics. Saver The psychology […]

• Finance