#financeblogs

[anstudyes]

Investment Decisions Mistakes Avoiding Tips

Today, quite a few people are searching out a way how to make money and the best places to invest money. but, sadly, it isn't always clean to discover valid methods to earn money and invest money.

Mostly people are searching on google on how to make money or earn money, Suppose you earn the money and now what? In this article, we are providing the best investment decisions to make money for your better future also we will tell you the importance of time and magic of compounding with the help of a hypothetical example. Read More Here

[aizonne]

Being a small business owner, I've navigated the world of commercial liability insurance for years to protect my company and team. Understanding the true worth of your insurance book of business can be tough—but I've cracked the code!

In my latest guide, I share invaluable tips and strategies to help you assess how much your insurance book is worth, whether you're looking to sell, buy, or simply understand its value better. 📈💼

Here's what you'll learn: 🔑 Key factors affecting your insurance book's value, like growth, profitability, and client retention. 📊 Different valuation methods: revenue multiplier and EBITDA multiplier. 🛡️ Strategies to enhance your book's value through operational efficiency and customer loyalty. 📈 Typical EBITDA multiples for insurance agencies and what they mean for your business's valuation.

Whether you're a seasoned owner or just starting out, this guide will equip you with the knowledge to make informed decisions about your insurance agency's future. Don't miss out—click the link below to unlock the secrets to maximizing your insurance book's value! 🚀

[amnglobal]

UPDATE | City of Baltimore (AMNG) Happy Month. Wishing everyone a very prosperous and productive month ahead.

If you aren’t a member yet, what’s stopping you? Find membership info⤵️ https://t.co/ACHJ0QCYvo The @amngforums membership submission form is back online! Make sure to renew your membership for 2024-2025 or become a new member! Subscribers are #FREE to join. Read more.

5 benefits of reading and subscribing to the Monumental Mondays newsletter:

Stay informed: With Monumental Mondays, you’ll get access to the latest news, insights, and trends in your industry, helping you stay ahead of the curve and make informed decisions.

Save time: Instead of scouring the internet for the latest industry updates, Monumental Mondays brings them right to your inbox, saving you time and effort. Learn from experts: The newsletter is written by contributors who have their finger on the pulse of the latest developments, so you can learn from their knowledge, insights and experience.

Networking opportunities: Monumental Mondays provides a platform for you to connect with like-minded professionals and expand your network, opening up new opportunities for collaboration and growth.

Exclusive content: As a subscriber, you’ll get access to exclusive content that isn’t available anywhere else, giving you a competitive edge in your industry.

AMNG supports the growth, innovation, and activities of entrepreneurs, startup founders, small business owners, and performance and visual artists by offering guidance, marketing and entrepreneurship techniques, and project support of our partners to help them succeed. Our goal is to help our members by providing management resources and expert industry advice every Monday resulting in a reduction of risks and an avoidance of the pitfalls of making costly business decisions.

[financeandestates]

Choosing the Right Credit Card: A Guide to Selecting a Credit Card

In the management of finances and wealth, this financial instrument is one of the major financial instruments affecting your credit score. As well, In a world full of financial choices, finding the right credit card can feel like navigating a maze. With enticing offers and a myriad of options, how do you choose the one that fits your lifestyle and spending habits? Fear not! This guide is here to simplify the process and help you make an informed decision. Let’s dive into the world of credit cards without drowning in financial jargon.

Understanding Your Needs Before diving into the credit card market, take a moment to reflect on your financial needs. Do you want a card for everyday purchases, travel perks, or cashback rewards? Understanding your goals is the first step to finding the perfect fit. And choose the top 4 card companies (try to choose government owned bank, if there is any). Choosing the right banker is also more necessary, since the card comes with lot of offers as well the responsibility and charges. The smaller the bank OR financial institution the higher the charges and higher the rate of interest (For the delayed payments).

Types of Credit Cards Credit cards come in various flavors — travel, cashback, Business (Corporate Cards), Student Cards, rewards, and secured. Each type caters to specific needs. Explore the options to find the one that aligns with your lifestyle and spending habits.

Interest Rates Demystified Interest rates can be confusing. Find out of they charge fixed OR variable rates of interest, and how they impact your balance. Also look at the conditions of late payment fees and foreign exchange currency exchange charges. Choose the one which offers the best in all.

Rewards Programs Unveiled Unlock the secrets of credit card rewards programs. From airline miles to cashback, discover which program adds value to your spending. The best card would the one which offers the best exchange rate of rewards. There is no meaning of card if they are offering lot of rewards but when we want to cash those rewards, their exchange rate with money OR offer is very poor. Go for the one which offers the best exchange of rewards.

Fees and Charges Overview Hidden fees can turn a great deal sour. Delve into the world of annual fees, late payment charges, and foreign transaction fees. Know what you’re signing up for to avoid unpleasant surprises. Also keep in mind, once signed, even if it is an unpleasant surprise of charges, talking the customer care if they are willing to reverse it, if not pay it and close the card, since if you delay the payment and would not make the payment, then charges would keep increasing and ultimately it would effect your credit score. So be safe than sorry.

Credit Score Matters Your credit score is your financial fingerprint. Understand how it affects your credit card options and what steps you can take to improve it. Credit score always has to be the best to keep your doors open for any new business plans, where you think bank can fund it.

Application Process Made Easy Navigating the credit card application process doesn’t have to be daunting. Get a step-by-step guide on filling out applications and increase your chances of approval. Best alternative for this would be to reach out to the sales team of the card company once you have decided to proceed with which card to apply for. Sales executives generally make it easy to complete the process.

Security Features to Look For In an era of digital transactions, security is paramount. The major basic security functions a credit card must have are “EMV Chip technology”, “Two Factor Authentication (2FA)”, “Fraud cover” (Also called “Zero Liability Protection”) OR “fraud monitoring and alerts” and “Secure Online Access”.

Managing Your Credit Wisely Owning a credit card comes with responsibilities. Explore tips on managing your credit wisely, from setting spending limits to keeping track of your expenses and making sure paying bills well before the due date.

Making the Decision Armed with knowledge, it’s decision time. Evaluate your options, compare the pros and cons, and choose the credit card that aligns with your financial goals.

In conclusion, your credit card should be more than a piece of plastic — it should be your financial ally. Choose wisely, understand the intricacies of your needs, and let your credit card work for you. For such interesting topics explore more on our website financeandestates.com

[kstcblogs]

How do I transfer a home loan from my current bank to another bank?

You can transfer a home loan from your current bank to another bank by following these steps:

Contact your current lender: The first step in transferring your home loan is to contact your current lender and inform them that you would like to transfer the loan to another bank.

Obtain a no-objection certificate (NOC): Your current lender will typically require you to obtain a no-objection certificate (NOC) in order to transfer the loan. The NOC is a document that confirms that you have no outstanding debts or obligations to the lender and that you are free to transfer the loan Read more.

[daily-useful-information]

Welcome to Daily Useful Info, a blog dedicated to exploring and sharing a wide variety of topics. From personal development and self-improvement, to current events and pop culture, we aim to provide readers with thought-provoking content that will inspire and inform. Our team of writers are passionate about sharing their perspectives on a range of subjects, and we invite you to join the conversation.

[papertradingapp]

m.stock review

📈 Dive into the world of finance with our latest m.stock review! 🚀 Uncover market trends, explore potential opportunities, and enhance your investment knowledge. Knowledge is key – read our review for a smarter approach to stocks. #Stocks #FinanceBlog #Investing

[themoneyinsider]

The Art of Smart Shopping: 5 Steps That Will Change Your Life

#blog #finance #financeblog #shopping #savemoney #smartshopping #newblog #moneysaver #bestdeals #negotiate #haggle #bargains

Master the art of smart shopping! Discover the secret ritual to make better buying decisions in a world of endless choices. Say goodbye to impulse purchases and hello to quality and value. Join us on a journey to become a master of the shopping game. Are you ready? Follow these steps prior to making any purchase and I guarantee that you will make wiser decisions, spend your money more prudently…

[addressindia]

6 Amazing Tax Benefits of Home Loan

For most people, owning a home is a dream come true. The Indian government has always favoured encouraging citizens to invest in real estate, which is why a home loan qualifies for a Section 80C tax deduction. And when you buy a house with a home loan, you get a slew of tax benefits that cut your tax bill significantly.

Many schemes, such as the Pradhan Mantri Jan Dhan Yojana, are shining a bright light on the Indian housing sector by attempting to address issues of affordability and accessibility. This blog will focus on all the tax benefits you get on a home loan.

Tax benefit on interest paid on housing loan

A home loan is required for the purchase or construction of a home. If you pay an EMI for a home loan, it has two components:

Payment of interest

Principal repayment

Section 24 allows you to deduct the interest portion of your EMI payments for the year up to a maximum of INR 2 lakh from your total income.

The maximum deduction for interest paid on self-occupied house property is INR 2 lakh beginning with the fiscal year 2018–19.

There is no upper limit for claiming interest on rented property.

However, the total deduction that can be claimed under the heading ‘House Property’ is limited to INR 2 lakh. This deduction is available beginning with the year the house construction is completed.

Deduction on interest paid towards home loan during the pre-construction period

Assume you purchased an under-construction property but have yet to move in. However, you are paying the EMIs. In this case, your eligibility to deduct interest on a home loan begins only after construction is completed or immediately if you purchase an entirely constructed property.

So, does this mean you won’t get any tax benefits on the interest you pay between the time you borrow the money and the time you finish building? No.

Let’s take a look as to what the case is.

The Income Tax Act allows for a deduction for such interest, known as pre-construction interest. Over and above the deduction you are otherwise eligible to claim from your house property income, a deduction in five equal installments beginning with the year the property is acquired or construction is completed is allowed. However, the maximum eligible amount remains at INR 2 Lakh.

For example, suppose you have a home loan for construction and pay INR 12,000 in interest each month. After two years of construction, the house was finished in 2019. As a result, you can claim the pre-construction interest of INR 2.88 Lakh only after the building is completed in five equal installments beginning in 2019. Section 24(b) limits the maximum interest deduction to INR 2 Lakh (including current year interest and pre-construction interest). However, if your home loan is eligible for Section 80EEA deduction, you can claim an additional INR 1.5 lakh deduction. Section 80EEA is covered in more detail later in this article.

Deduction on principal repayment

Section 80C allows a deduction for the principal portion of the EMI paid for the year. The total amount that can be claimed is INR 1.5 Lakh.

However, to claim this deduction, the house must not be sold within five years of possession. Otherwise, the previous deduction will be added back to your income in the year of sale.

Deduction for stamp duty and registration charges

In addition to the deduction for principal repayment, a deduction for stamp duty and registration charges can be claimed under Section 80C, but only up to INR 1.5 lakh.

However, it can only be claimed in the year the expenses are incurred.

Additional deduction under Section 80EE

Home buyers are eligible for an additional deduction of up to INR 50,000 under Section 80EE. The following conditions must be met to claim this deduction:

The loan amount should be INR 35 lakh or less, and the property value should not exceed INR 50 lakh. The loan must have been approved between April 1, 2016, and March 31, 2017. And as of the loan approval date, the individual does not own any other homes, indicating that they are a first-time home buyer. Section 80EE was reintroduced, but it only applies to loans approved before March 31, 2017.

Additional deduction under Section 80EEA

Budget 2019 has included an additional deduction under Section 80EEA for homebuyers of up to INR 1,50,000 to promote the housing sector.

The following conditions must be met to claim this deduction:

The property’s stamp value does not exceed INR 45 Lakh.

The loan must have been approved between April 1, 2019, and March 31, 2022. (extended from 31 March 2021)

The individual does not own any other house on the date of loan sanction, indicating that they are a first-time home buyer.

If the individual claims deduction under this section, they should not be eligible to claim deduction under Section 80EE. Deduction for a joint mortgage

If the loan is taken jointly, each loan holder can deduct home loan interest up to INR 2 lakh and principal repayment up to INR 1.5 lakh under Section 80C in their tax returns.

To be eligible for this deduction, they must also be co-owners of the property lent. As a result, taking out a loan with your family can help you claim a more significant tax benefit.

Conclusion

Investing in real estate offers the maximum tax benefits. To know more about home loans and other terms associated with them, feel free to reach out to the Address India. Our Home Loan Consulting team will help you with everything possible.

[onlinetechnews]

Stay up to date with forex news and information about loan rates and prices of derivatives with latest news for finance.

[webglazeblog]

"Are you looking for a bank account opening for Jordan Nationality in UAE? Then Taskmaster is here to assist you and open your bank account easily in UAE."

[masterinvestor]

In order to carry out an attack, we must have means available. The material for raising fire should always be kept in readiness. There is a proper season for making attacks with fire, and special days for starting a conflagration. The proper season is when the weather is very dry; the special days are those when the moon is in the constellations of the Sieve, the Wall, the Wing or the Cross-bar; for these four are all days of rising wind. In attacking with fire, one should be prepared to meet five possible developments: 1. When fire breaks out inside to enemy’s camp, respond at once with an attack from without. 2. If there is an outbreak of fire, but the enemy’s soldiers remain quiet, bide your time and do not attack. 3. When the force of the flames has reached its height, follow it up with an attack, if that is practicable; if not, stay where you are. 4. If it is possible to make an assault with fire from without, do not wait for it to break out within, but deliver your attack at a favorable moment. 5. When you start a fire, be to windward of it. Do not attack from the leeward. In conclusion, ensure that we prepare for an opportunity that may not show up, but is better be prepared for an opportunity that does show up. Rather than the opposite. Every person is a potential customer if we offer something that is a necessity in the world. Link in the bio for resources. Remember: an asset puts money in our pocket. A liability takes money out of pocket. That goes with everything we do including relationships. In business, is all about building and acquiring assets offline into our personal and business asset column. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Hashtags: #masterinvestor #investmentportfolio #investorshub #investmentmanagement #financialgrowth #financialindependence #investmentstrategies #financiallyfree #financialpeace #financialempowerment #wealthbuilding #wealthbuilder #investmentadvice #longterminvesting #financenews #howtoinvest #buildingwealth #financeblog #financeblogger #financecoach #startupcommunity #startuplife #startupfounder #startupcompany (at Secret Location) https://www.instagram.com/p/CLVb1fTJs9v/?igshid=8hwijuj3tric

[patalikiszilard]

I am Pataliki Szilard, nice to meet you! Feel free to check my other social media as there is plenty of useful articles there! Also I have Blogger [https://patalikiszilard.blogspot.com/] and Medium [https://medium.com/@patalikiszilard] blog!

[moneymagnet999]

Finance Books you should read in 2021 📚 Even though the year is ending within less than a month, theres still time left to start some new habits before 2021 ends. A habit that all entrepreneurs should have or have planned to start is reading. You've probably heard by now that wealthy people tend to read a lot. And if you thought it was because they dont like watching television or scrolling on their phone, you're wrong. Most wealthy people who read regularly dont even like reading, they only read becuase books hold powerful information. People always wonder what the secret is behind self-made millionaires and how they learned how to aquire so much wealth; 90% of the time it's from books. Google, Youtube, and other platfroms do have a lot of information on endless amounts of topics, but they can only give you a limited amount of knowledge. And a lot of the time, the people giving you the information aren't even professionals on the topic. Books though, are filled with knowledge and full of details. They provide many tips, tricks, and advice that you could simply not find online. Plus the author of the book is always someone who can be proven to have years of experience and knowledge in whatever you're learning about. So here's a list of the best finance books for entrepreneurs divided into 3 categories. We strongly encourage you to pick up the habit of reading now or add it to your New Years resolutions list. Follow @money_magnet999 for more tips on wealth! - Turn on post notification.📲 ------------------------------------- Like Comment Share ------------------------------------ #personalfinanceblog #financialliteracy #financialindependence #financialeducation #financetips #personalfinance #createwealth #wealthcreator #investment #crypto #growyourmoney #investing #makemoneyonline #wealthcoach #businesstip #entrepreneurship #money #financeblog #businessblogger #westbengal #midnapur #medinipore #midnapore #investmindset https://www.instagram.com/p/CZfQ5KIBDcQ/?utm_medium=tumblr

[vattsalshroff]

NFT- Future of Finance ?

I made a million selling nfts

Sounds great doesn’t it. Although I didn’t make a million selling a nft but someone did. I am sure you must have heard or read about a person who became a millionaire just buy buying and selling nfts. You must’ve thought to yourself there has to be a catch to it , this cant be true but that isn’t the case. Someone did pay $6.6 million for a video by Beeple or like Logan Paul who earned an enormous profit by selling his – A World of Women piece for 200 ETH ($765k).

                        So, what’s a NFT ?

Any Non-Fungible token are cryptographic asset stored on a blockchain or a digital ledger which aren’t exchangeable because each of them have their own value. Which make them different from cryptocurrencies or physical money. NFTs have shifted the crypto architype since each NFT is unique and irreplaceable making it very challenging or impossible to compare NFTs with each other. Things which you need to know is the NFTs are cryptographic items stored on blockchains which cant be replicated. NFTs are also used to represent real world items such as digital artwork and real estate.

NFTs are a little similar to Bitcoin and Ethereum or any other cryptocurrency. But what makes a distinguish from it from cryptocurrency or physical money is the fact that almost every NFT is non-interchangeable . This where the word Non-fungible starts to make sense .You can create a NFT with , well anything which can be stored on a digital ledger and since it is non-interchangeable it elevates above any physical or cryptocurrency and brings it in the realm of virtually everything.

 Why are NFTs the future:

The director Head of Crypto Currency UK , Nawab Hussain in an interviewed shared a fact that NFT markets have already surpassed the phase of them being just a place for artist to create and share their artwork . NFTs are becoming to a much larger economy. In spite  the fact that NFT space is still in its infancy he believes that within 5 years there will be a vast expansion in the financial world revolving around NFTs.

NFTs can create opportunities for new business models which haven’t existed before . For example , NIIO art is demonstrating their owned digital artwork. Whenever a person buys or borrows their artwork from their platform they can display it on a screen in the knowledge that there is no issue of copywrite or originality as the blockchain ensures that. Likewise the modern financial system consists of sophisticated trading and loan systems for different asset types , ranging from real estate to lending contracts to artwork. By introducing digital representation of those physical assets -NFTs are a step forward in the reinvention of this pre-existing infrastructure.

 NFTs x Finance :

Financial NFTs include everything from insurance to bonds , to baskets of unique tokens and tokenized real world assets marking them a roadmap to become the largest single use of NFT technology so far. There are a variety of ways NFTs have already begun to be utilized for financial purposes which includes: Investments contracts being programmed into NFTs by Solv Protocol for improving the transparency and transfer of project tokens .

NFTs are set to capture a large portion of value in decentralized finance (DeFi), a sector which has seen to have a rapid growth with a valuation already around $60 million. The rise of decentralized finance has whipped the NFT industry into a money printing machine . With the rising platforms it makes it easier to trade and speculate digital art as some platforms give you extra cryptocurrency tokens to trade while others allow you to buy fractions of NFTs. Like a Singapore based -NIFTEX allows NFTs to be fractionalized into thousands of fungible tokens, meaning instead of buying a full crypto art you can buy a fraction of the same artwork and trade it on Uniswap , a decentralized exchange. Also the most significant benefit of NFT is efficiency. The transformation of a physical asset to a digital one streamlines the process and removes intermediaries.

Basically Defi is a upcoming financial technology based on the secure distributed ledgers similar to those used by cryptocurrency. Defi removes the control of banks and financial institutions have on money , financial products and financial services. Currently the world of DeFi makes it exceptionally easy to earn returns on fungible tokens. The NFT world and DeFi have started to come together in a number of interesting ways.

Firstly are the NFT backed loan- There are certain Defi applications which allow you to borrow money by using NFT as collateral. Secondly they can be used to fractionalize the physical assets , such as artwork or real estate.