There are a number of different regulatory bodies, ranging from the Federal Reserve, which supervises the commercial banking industry, to FINRA, which oversees brokers, to the Securities and Exchange Commission, which oversees the securities markets. Federal and state governments have an array of agencies in place to regulate and supervise financial markets and companies. For
Understanding how a new country’s healthcare system works can be overwhelming, especially when you have to face a language barrier. However, if you will be living and working in Germany, you will need to learn about international healthcare insurance in the country. You will need to know that health insurance is obligatory for all German
Running a business is no walk in the park. According to the U.S. Bureau of Labor Statistics, “approximately 20% of new businesses fail during the first two years of being open, 45% during the first five years, and 65% during the first 10 years. Only 25% of new businesses make it to 15 years or
Savvy consumers also avoid other bad habits, such as using credit to close budget gaps, leaving a monthly balance to accrue interest, and using one credit card to pay for another. They know their credit limit, they can pay strategically during the grace period, and they know how to avoid fines — and what those
South Africa’s rapid induction into the smartphone era over the last ten years has given online credit companies a new playing field in the country’s marketplace. Instead of long queues and complicated applications, people now have easy access to money online, but such access can sometimes do more harm than good. We ask the question:
While traditional offshore jurisdictions tend to suffer from issues such as poor reputation, there are many other “onshore” banking jurisdictions that offer better benefits and stability. Despite what the conversation leaders on the internet are saying, you may want to avoid banking in the Caribbean and other classic Caribbean offshore jurisdictions. Offshore banking can provide
We can say that crypto currency is a type of digital payment that does not include banks for transactions. We cannot carry it like physical money because the payment in crypto currency payments exists digitally. When you transfer the crypto currency funds, all the transactions are recorded in the public ledger. Advanced coding is used
A business credit card can be one of the best ways to save money on your business purchases. If you have a business that makes any kind of regular purchases, a business credit card may be able to offer you rewards on that purchase as well as a special sign-on bonus. How do you get
One of the most important steps in planning for your retirement is to calculate your retirement savings. The average U.S. inflation rate for the last century was 3.22%, so if you’re thinking about retiring at 40, you should make sure to plan for six months of expenses. Likewise, you should check your debts and savings.
The Department of Labor has recently issued new rules governing Investment Advice. The new rules are designed to improve the quality of advice, and they are aimed at making it easier to find reliable sources of information. However, it is important for investors to understand the limitations of this type of advice. To help investors