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A Woman’s Guide To Managing Her Finances At Every Stage Of Life

A Woman’s Guide To Managing Her Finances At Every Stage Of Life

Managing your finances is definitely something that you will need to learn at every single stage in your life. You can manage your...
How To Become Financially independent?

How To Become Financially independent?

This is definitely one of the questions that everybody asks themselves, when they reach a point in life. Becoming financially inde...
Top 3 Money Management Apps For A Better Net Growth

Top 3 Money Management Apps For A Better Net Growth

Multiple outlets are formed over time to splash out the money you earn through the hardest jobs. Watching the course of your money...
Top 5 Investment Options

Top 5 Investment Options

The experts suggest that you start making savings for your retirement as soon as you start working. However, the retirement fund i...

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Ways You Can Finance Your Education

Ways You Can Finance Your Education

Higher education is not something that is for the elite anymore. It has become the norm for almost every single person who is interested in education, outside. In this guide, I am going to be talking ...

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Ways You Can Finance Your Education

Ways You Can Finance Your Education

Higher education is not something that is for the elite anymore. It has become the norm for almost every single person who is interested in education, outside. In this guide, I am going to be talking about some ways you can fund your own internationa...

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Ways You Can Finance Your Education

Higher education is not something that is for the elite anymore. It has become the norm for almost every single person who is interested in education, outside. In this guide, I am going to be talking about some ways you can fund your own international education. One of the biggest challenges of getting an international education is the cost of studying abroad. It is really high. It cost tens of thousands of dollars. Not everybody has tens of thousands of dollars lying around. Don’t panic, because I am going to be talking about a lot of ways you can fund your studies. Let’s get started, shall we?

1. I highly suggest you apply for scholarships. It is the most popular type of student funding. The most convenient way you can finance your education abroad is through scholarships. There is a huge range of scholarships that are out there. We can confidently say that there are a lot of scholarships that confront you. You can look for sports scholarships, targeted scholarships, merit-based scholarships, international and independent organisation scholarships and more. Let me tell you that scholarships are given to individuals who are really good at something. Make sure you work on strengthening your portfolio and your resume.

Higher education

2. Student loans are the second option. This would be a compromise that a lot of students end up choosing. Seeking financial help from banks and other financial institutions would mean that you will have to typically pay it back, after you graduate. You’ll be given a decade or 2 to pay it back, because it is a significant amount of money. You should be aware that these loans come with an interest rate, so you will have to pay back more money than you had initially taken. The best student loans are the ones which are offered by government institutions. Government institutions don’t usually have a higher interest rate. In the United Kingdom, the government typically offers a student loans. If you want to be eligible, you will have to have a residence permit, and you will have to be enrolled at an accredited university.

3. In the United States of America, private and federal student loans are available. If you have to qualify for a loan as an international student, you will have to need a cosigner who is a permanent United States resident. The loans will completely cover the cost of the education.

scholarships

4. You can even look for student grants. These are opportunities for students without any financial means. Student grants or like scholarships, but they are only need-based. You don’t have to repay them, because they are given to people who cannot afford it.

5. Finally, you can consider working part-time, to support yourself and your education.

Top 5 Investment Options

The experts suggest that you start making savings for your retirement as soon as you start working. However, the retirement fund is not the only available investment option that can offer you good returns. Most investors today are focused on getting the highest returns in the fastest way possible. However, high returns and high risks go hand in hand in Today’s world. Based on your portfolio, you can find different investment options in the market today. Generate returns in different assets at lowe-risks is also a great way of investing your money. Here are the top investment options available for investors today.

Direct equity

Investing in the stock market seems to like the best option for new investors when it is actually a volatile market and does not guarantee returns. Furthermore, learning about stocks can take time and the entry and exit time also matters a lot. However, equity has proved to be a good investment for long term investors.

Equity mutual funds

 

Equity mutual fundsEquity mutual funds provide different schemes to invest in equity stocks. Mutual funds are managed by agencies that build trust among investors to generate good returns. The equity schemes are categorized based on market capitalization, domestic and international markets, and the sectors available for investments.

Fixed deposits

Fixed depositsFixed deposits are a great way to make strict savings and get a guaranteed result in the end. Fixed deposit plans are offered by banks where the depositor makes savings in a bank account that adds a fraction of interest to the savings. The fixed deposits are only beneficial in long term savings, but they also do not possess any kind of risks in taking out the funds early. It works as a high-yield savings account.

Government bond funds

bond funds

Government bond funds are the mutual funds or ETFs offered by the government and its agencies. They are low-risk investments that can suit beginners while understanding their investment options in mutual funds. They are among the safest investments, but they still are subjected to market risks. Since the government agencies back these funds, the investors can leave the smart decision making on them and enjoy the benefits.

Short-term corporate bonds

corporate bondsCorporates raise money often using bonds where the bonds can contain a list of different corporations. The investors can invest in one single corporate bond to invest in multiple companies. These bonds are only short-term and can last from one to five years. They have lower risks compared to long-term bonds due to the short period. You can buy and sell these bonds every day but keep in mind that capital losses are always a possibility.

While investments can be a great method to build up your wealth over time, it can also provide a great learning experience for investors about the market. As you learn about each investment’s pros and cons, you will be able to manage your assets according to the changing market in the future to maintain your profits.

Top 3 Money Management Apps For A Better Net Growth

Multiple outlets are formed over time to splash out the money you earn through the hardest jobs. Watching the course of your money is important so that you make the right investments and transactions to keep yourself financially secure. When the cashflow increases significantly, and you are toiling all day to make more, you may have a hard time managing your personal and business finances. Regardless of the size of the revenue generated or the amount credited to your account, planning and managing are vital. Handling the expenses of life can be quite challenging without sufficient funds to back you. If you have been trying to find an effective way to manage your finances, technology is offering you the best solution on your handy devices.

Applications have been developed to keep you updated about your current financial position. The saturation caused by these apps in the market may be inundating for anyone beginning to understand the working of these platforms. Finances can be easily handled and checked for with ease when you have an app to guide you through the expenses and income. Let us look at some of the best money management apps that can aid in growing your net worth.

1. Personal Capital

money management

Personal Capital is undoubtedly one of the best money management apps that let you track your investments and current budget. The intuitive interface and smooth visuals make it easier for everyone to use the application on a laptop, desktop, or smartphone. Investment performance and portfolio can be managed on these apps to provide you with a better picture of how you are progressing. If the graphs represent a dip, you may also have to get help from investment professionals, who can be accessed from the app. Though Personal Capital’s budgeting functions aren’t of the highest quality, it will surely get your tasks done.

2. Empower

EmpowerBudgeting and accumulated savings are combined to provide you with great money management techniques on Empower. You can connect to other financial accounts using this online banking and budgeting app, keeping track of all the activities to help you have better control over your finances. Monthly or weekly spending limits can be set using Empower, and it will also notify you when you cross that limit. The AutoSave feature of the app will help you save money effortlessly. Savings in your spending patterns are also checked by Empower to feed you with information regarding the best investment plans.

3. Acorns

The virtual change is taken out of your account by the intervention of Acorns, but it isn’t saved for the future; instead, they successfully invest it in some of the most profitable stocks or options. Investing becomes less stressful when Acorns manages all these stages of your financial plans. Setting up the Acorns account will get you started, and all you need to do is check the cashflow to boost your account. A shopping app function named Found Money is also now active on Acorns.

About Me

Hello! and welcome to my blog. I am Elizabeth Philips and I stay in the Garden State, New Jersey. I have been working as freelance financial advisor for several firms and individuals over ten years to gain the right knowledge and experience. Here I share my research and knowledge on maintaining financial stability and enjoying long term financial benefits. Let us connect if you want any personal finacial advise from me. I will be happy to help. Cheers!

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Ways You Can Finance Your Education

Ways You Can Finance Your Education

Top 5 Investment Options

Top 5 Investment Options

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