## What is a Current Account? In India, banks offer two main types of accounts: savings accounts for personal finances and current accounts primarily designed for business needs. Current accounts are typically used by businesses, trusts, sole traders, and other organizations. They function similarly to regular bank accounts but provide several benefits: unlimited withdrawals and…
Living in the bustling city of New York naturally means high rents, which don’t seem to be going down anytime soon. However, there has been an interesting shift in rental trends recently. While 2015 was the most expensive year for New York real estate, the surge in rental costs started to slow down at the…
It’s a shame that wood frame houses, which were once a favorite among homebuilders, have lost their appeal today. Nowadays, many builders prefer using materials like brick, concrete, or other hard substances because they seem more modern, often overlooking the many benefits that wooden houses offer. Despite some drawbacks, wood frame houses have their own…
Compared to men, women often shy away from salary negotiations, which can significantly reduce their potential earnings over their careers. This hesitation not only puts women at a disadvantage but also contributes to the persistent gender wage gap. Many women mistakenly believe that negotiation opportunities end once they land a job, when in reality, it’s…
After finishing college, I moved back to my hometown and my mom and grandma asked me to be part of a garage sale. Since I had a bunch of stuff from college that I didn’t need anymore, I thought it was a good idea. It was a chance to clear out some clutter and make…
Even though Black Friday is still three weeks away, retailers are already building anticipation for the big shopping event. Just recently, Sears announced it will open at 8:00 PM on Thanksgiving and stay open for 26 hours straight. Kohl’s, on the other hand, will reveal its Black Friday deals on Wednesday, November 21, so shoppers…
A Home Equity Line of Credit (HELOC) lets homeowners tap into their home’s equity to access a line of credit, acting like a second mortgage. Ever wondered if you should choose a HELOC or a home equity loan? Both options let you borrow against your home’s value, but each has its own perks and downsides….
Understanding the challenge of buying a home in today’s economy, it’s evident that first-time buyers have it tougher than a decade ago. With many couples earning only minimum wage, securing a mortgage from major banks seems almost impossible. If you feel sympathetic and want to help these first-time buyers, this guide offers some practical advice….
Many of us love traveling but often get put off by how expensive it can be to plan a great trip. Wouldn’t it be amazing if there was a way to get around these financial hurdles? Well, there is. A few years ago, I stumbled upon a way to rack up a ton of credit…
A survey from February 2022 revealed that over half of teenagers (54 percent) feel unprepared for the financial responsibilities of adulthood. Additionally, 69 percent said that rising college costs influenced their decision about pursuing higher education. The study also found that 41 percent of teens aren’t learning about financial literacy at school. So, it’s crucial…