Often students and their parents get caught up in the whirlwind of excitement and prospects for the future when it’s time to figure out what their college situation will look like. It certainly is exciting, and there’s no downplaying that. It’s the cumulation of years of hard work and dedication, getting into a good school,…
The way people borrow and invest their money is changing. In the past, if anyone wanted a loan for a car or to pay off a credit card debt, they had to go to the bank or a credit union. This meant that they had to sit with a loan officer and wait for them…
Ambition and grit are critical entrepreneurial traits that help overcome the challenges faced during business startup and expansion. However, these traits alone do not ensure spontaneous cashflow that can stimulate the business. Entrepreneurs need some help, especially when starting their ventures, at least for the initial financing for raising business capital to get a new…
An Individual Savings Account (ISA) is a savings account. With ISA, you never have to pay tax on savings. There is a limit on the amount that you can invest or save in an ISA each year, called annual ISA allowance. The allowance for the year 2020 is £20,000. An ISA is like a protective…
Small businesses are suffering right now, thanks to the current economic crisis and recession. If you’re in the position of leading a company through the recession, then you might be feeling worried about whether or not your business can survive. Unfortunately, there will be some casualties in the small business world. Not all companies will…
Bridging loan is a type of short-term loan. Essentially, it is a temporary loan that can help you get from A to B, until you can secure a permanent finance solution or you can clear the full loan. Hence, the ‘bridge’ idea, this type of finance can get you from one step to another. Fast…
In the financial world, a new method of lending has become very popular known as social lending or peer to peer (P2P) lending. In p2p lending, borrowers are matched with lenders. What is Peer to Peer Lending? P2P is a type of lending and borrowing between individuals, without the role of any conventional financial organization…
Finance is one of the fastening moving fields in the world. Businesses have to keep a close tap on where their money is. Also, they need to have a proper understanding of how they are using their money and how is it actually benefitting the business. Therefore, financial management is a key aspect of every…
An Innovative Finance ISA allows you to lend to businesses, individuals, or property owners. The limit for an IFISA is up to 20,000 every tax year. The lending is available on peer to peer lending platforms which allows you to lend directly. With time more and more people are becoming interested in investing in innovative…
The tax filing season often proves to be a stressful time for most people. Filers often find themselves stuck with intimidating situations and tax problems that are extremely difficult to resolve. Since the slightest of errors or compliance issues can severely impact your financial situation, you should most certainly take time out to research solutions…
