Financial Advice Archive

Which Payment Card is the Best?

Which Payment Card is the Best?

Posted on October 18, 2015
One of the hardest questions to answer is this: which payment (credit or debit) card is the best to have? There is no easy answer to the problem, since the card networks rarely tell us exact numbers concerning their cards and a lot depends on the user as well. One thing seems sure though: MasterCard and Visa are the biggest.

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Life becomes easy with online access

Life becomes easy with online access

Posted on September 27, 2015
Nowadays easy and almost permanent access to the internet makes our lives easier in many ways. We can do the groceries without leaving our homes, we can watch films or stream music while commuting. The same goes for banking: even in the ‘90s most of us didn’t even think about starting a transaction or checking our account balance without going into a bank’s branch - but that is so last century.

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Liquidity – What is it and how to keep it high?

Liquidity – What is it and how to keep it high?

Posted on August 09, 2015
The ability to convert assets into cash without huge losses can be quite important sometimes. As well as having high personal/company liquidity to easily meet our short-term or unforeseen obligations. If we have all our money in illiquid assets (eg. a long-term bond or real estate), we cannot use our resources as we intend to for a specified period of time, and that can lead to a liquidity crisis. How can we avoid this serious problem?

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Paying with our phones – Is that the future?

Paying with our phones – Is that the future?

Posted on June 12, 2015
Day by day, we hear more about the new features of our smartphones and of our other gadgets. Some time ago, it was almost impossible to use phones for anything else but calling, now we can work, play games on them and even make payments. The mobile wallets are becoming more popular, but some questions remain the same: are they really that easy to use and are they safe?

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Diversification? Not magic, but a good idea!

Diversification? Not magic, but a good idea!

Posted on May 31, 2015
We are hearing more and more about diversification and sometimes it might seem that it is a magic word in investment. It is not, however, magic, but a very effective and deliberate way of investing our money without taking too much risk but still realising great earnings. How? Let us explain simply!

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