Though personal finance is never an enigmatic topic like rocket science or advanced mathematics, some still have a hard time building up a healthy financial profile in the daily life. Today we are looking into some of the most common mistakes people make with their personal finances. Even if you’re already facing financial difficulties, steering…
Financial security is a term but subjective as it relates to a person’s feeling about his/her financial situation. To put it simply, being financially secure means that you have had enough money to fund your lifestyle, as well as work toward your financial goals. When you are financially secure, your stress levels goes down, leaving…
There have been a lot of discussions as what to ask before hiring a financial advisor, which are all very practical and helpful in directing you to the right service provider. But rarely talked about is the question about what to ask after selecting your financial advisor and while taking financial advice. It is also…
The United States has long been the financial centre of the world since last century. It pilots in terms of financial techniques, concepts and overall framework to maintain its world leading position, let alone the various financial services providers gather in this place from financial giants to boutiques firms. But as for the question…
Nowadays web developing is no longer a mysterious thing in a sense that one could develop his/her own website through publicly available toolkits. While the best web developing still requires a strong knowledge background, in-depth experience and timely acquisition of the latest technologies like artificial intelligence. As for the easy methods to find the web…
The first step of knowing the financial planning strategy is to understand what is financial planning. To be short, financial planning, as one of the important components of professional financial services, helps to understand one’s current financial status and create a proper long-term monetary goal with strategies to achieve such goals like increasing the capital,…
There are three major types of portfolio management methodology, namely asset-only, liability-relative and goal-based. These are decision-making frameworks that take account of or emphasize different aspects of the investment problem. For many investors with financial liabilities, a thorough understanding of their assets and liabilities are essential to start building their financial health. Liability-relative asset…
A financial advisor is a professional who helps you organize your finances and projects, and provides assistance in making decisions with your money that will help you reach your financial goals as efficiently as possible. Regarding how financial advisor helps to meet your future goals, of course it is their expertise that disciplines them…
When is the perfect timing to have a financial plan? The answer is: any time you want. A financial plan could be as simple as controlling your budget. While it could also be as comprehensive as covering all financial facets of your life, including investments, insurance, budgeting, interest accruement, tax planning, etc. A comprehensive…
Who are providing financial advisory services nowadays? Financial institutes are without doubt the traditional market leader in serving the clients through financial advisory services. They’ve developed sophisticated skill set about how to maximize the values for clients. However, alongside the fast development of modern technologies, the channels of financial advisory services have been greatly enriched,…