So, you have to send money to someone on the other side of the globe. Your main concerns are transaction security and speed. For many people, that’s where the wire transfer vs direct deposit debate begins. Technology has made it possible to submit your transfer request online. This is a quick and easy way to… Continue reading What Is The Swift Banking System?
We all know that we’re meant to save a portion of our wages as a contingency. Still, knowing precisely what percentage to put aside depends on many variables. Likewise, you might be concerned about how long a personal check takes to clear if you need emergency access to the funds. But when it comes to… Continue reading What Percentage Of My Paycheck Should I Save?
The world is more connected now than ever. People can buy products from other countries, work from anywhere in the world, and ship things to even the most remote places. Because of these blurred borders, international money transfers are becoming more common. Remittances, which are fund transfers between people usually with accounts that are each… Continue reading Understanding Remittance In Banking
Most personal checks should take up to about two business days to clear — but, as you probably know, delays can and do happen — with frustrating regularity. Expecting these delays can help you decide what percentage of each paycheck you should save and when you can pay money out of your account. Knowing that… Continue reading How Long Does A Personal Check Take To Clear?
If you are unsure and are still trying to decide what to do with your saved money, opening a savings account may be a good start. But how do you open an account? It’s easy. Just visit the financial institution of your choice and fill out an application form. However, as an applicant, you will… Continue reading How To Get Proof Of Your Address Without Bills
If you plan on taking a trip abroad, there’s a lot of information you need to scrounge around to discover. You may start asking questions like, “How long does it take to transfer money into your account once you’re abroad?”, “Why do bank transfers take so long?”, and “What is the exchange rate between two… Continue reading How To Calculate The Exchange Rate Between Two Currencies
Everyone needs savings. Whether you’re putting money aside to feel more secure, or you’re aiming for a specific purchase goal, savings are important to us all. But how much should you be saving, and how many accounts should you have? People tend to have different ideas, and, indeed, it generally depends on several factors. Age,… Continue reading What Percent Of Income Should You Save?
You may be reading this article hoping for an answer to all your savings questions. But how much money you should save each month is so variable and dependent on so many different factors, that there’s no right answer for everyone. Instead, consider the factors relevant to your savings. These are your age, your income,… Continue reading How Much Money To Save Monthly
Saving money feels great. But what feels even better is earning interest on top of what you’ve already put away. It can almost feel like free money. But what’s the best way to earn a high interest rate? You will be glad to learn that there are actually four different ways to start enjoying higher… Continue reading The Best Way To Save Money And Earn Interest
An estimated 125 million Americans are living paycheck to paycheck. You’ll agree that the adage comfort in numbers isn’t exactly comforting when caught up in such a never-ending cycle of fleeting finances. Because that’s exactly how your money seems, by the end of the month—elusive. Most, if not all, of your income, appears to cover… Continue reading How To Not Live Paycheck To Paycheck