The Federal Reserve announced a 0.75% increase in the target range for the federal funds rate on the 15th of June 2022. This means that consumers can expect an increase in interest rates across all types of loans including personal loans over the coming year. Market analysts largely anticipated the hike, but it still comes…
A personal loan may be the answer when you need money for a significant expense but don’t want to dip into your savings or take on more credit card debt. Personal loans are unsecured loans that you can use for nearly anything, making them a versatile option when you need cash fast. Like any other…
Personal loans are the rage today. Gone are the days when you had to wait for weeks to get a loan sanctioned. With online lenders, you can have the money in your bank account within hours of submitting your application. Personal loan interest rates have also decreased significantly, making them a very attractive proposition. However,…
HelloFresh is a fresh meal kit delivery service that makes weekly menu planning and meal preparation more manageable and enjoyable. HelloFresh boxes may reduce food waste and perhaps save you money by delivering precisely what you need in precise proportions. The recipes can also help you improve your culinary abilities by introducing you to things…
Investing in stocks or simply stock investment is a risky and slippery field, especially for new investors. But while it may sound intimidating, the earning is quite simple and cuts across the board; buy stock at a low price and sell at a higher price. While the road to profit is predefined, a significant gamble…
Singapore is regarded a global financial hub and one of the best markets for banks thanks to government pro-business policies. Despite its small geographical size, Singapore is served by more than 200 banks, both domestic and foreign. The government of Singapore usually crafts policies that are friendly to business, with a focus on attracting foreign…
The Central Bank of Kenya is the custodian of Kenya’s financial and banking industry and is in charge of formulation of fiscal and monetary policies that stabilizes prices. The Central Bank is also in charge of issuing currency, promoting financial stability, and formulation and implementation of foreign exchange policies. Equity Bank Kenya Incorporated in 1984…
In the United States, we love our money. And we love to save it. According to a 2019 study by GOBankingRates, Americans have more than $9.34 trillion held in various financial institutions. From certificates of deposit to money market accounts, Americans may save money for a rainy day in various ways. Gross private savings in…
Extra-thick mattress? Check! Economics book? Check! Bank account? College is a time of new experiences: meeting new people, learning new things, and—for many students—using a bank other than their parents. For the first time in their lives, young adults can shop around for a bank account that meets their specific needs. And banks know this:…
When Uber first hit the scene, it was a revelation. It undercut taxis by charging lower rates and offering more convenient services. Today, they are considerably more expensive than taxis, and some riders return to taxi services. Yipit data indicates that prices are 35% higher than pre-Covid levels. So, you aren’t alone if you find…