Financial planning is a crucial aspect of life. Most people seek help from financial planners so that they can safeguard their assets. The majority of the issues that people present to financial planners revolve around budgeting, risk management, retirement planning, savings, and investments. These are the main areas that their spheres of interests tend to cover. However, most people...
5 ways to budget for unexpected costs
Although unplanned expenses are part of life, most people are not prepared for them. Sudden or unexpected costs, if not planned for, can punch a pack in your budget and throw your finances off track. That is why all budgets, when created should be able to cater to unexpected costs without putting you in a situation where you have...
The U.N Conference on Trade and Development (UNCTAD) published a report earlier on this month on the possible effects that could come along if the US-China trade wars don't come to an end by March 1st. The report acknowledges that as much as some countries may experience some growth in their export business, there is a high possibility that negative...
The former Nissan chairman, Carlos Ghosn was released from jail after posting a hefty bail that amounted to $ 8.9, million. Ghosn was arrested on November 19 last year and charged with failure to report his exact salary, which aggravated a breach of trust. He vehemently denied committing the crimes leveled against him. The ousted Nissan chairman played a massive...
Although studying in England can be exciting, managing your finances can be hard, mainly because of the ever-changing currency rates that affect how much money you have each month and little understanding of living costs. Even so, that does not mean that you have to wipe your account clean every month. Creating a budget is an excellent first step...
You probably have a basic understanding of how credit works. It is when you borrow someone else’s money, be it a bank, a friend or a mortgage company to buy something today and then repay the lender at a later date at an interest. A few decades ago, consumers would visit chain stores to fulfil their personal needs and...
It was in the late 1980s, when Vo Van Dai assumed a role at the then state-owned Van Phan Dien Chau fish Sauce Company in Vietnam. At the time, the firm, which was located in Nghe An province, had a total of 5 departments overseen by 18 managers.  By the year 2000, Vo had risen to the top of...
Managing your finances while studying in a foreign country like Thailand can be difficult. Other than catering to the cost of tuition and accommodation, you also need to address the added costs that come with exploring this exotic nation such as organising sightseeing trips, calling back home and commuting. Hence, it is crucial that you create a budget to...
A few years ago, Dan Peate, an entrepreneur based in Southern California was interested in buying a Tesla Model X. As he pondered upon that thought, he decided to give his insurance company a quick call and ask what the insurance cost of that particular Tesla vehicle would look like. To his dismay, the insurance company quoted him a...
Many Thailand people who have travelled abroad are often met with the temptation to buy property overseas. Sometimes, the price of these foreign properties may seem very attractive, or they may be enamoured with a beautiful travel destination, which may make them consider buying property overseas to spend more time there. Others may be interested in investing in undervalued...