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Author: Clare Louise

Why Do We Need a Sinking Fund? How to Establish a Sinking Fund and the Various Options Available

Why Do We Need a Sinking Fund? How to Establish a Sinking Fund and the Various Options Available

Business
If you click on one of our partners' links and make a purchase, we may earn a fee, but this in no way affects our reviews or recommendations. This content is created independently from TIME's editorial staff. Learn the details. Traditionally, businesses have used a "sinking fund" to set aside money on a regular basis in order to retire a bond or repay a debt. Using a sinking fund will reduce the amount that the company must pay out of pocket when the loan matures. However, the same method may be used to save money and avoid utilising credit cards or an emergency fund for unexpected expenses or large expenditures. Companies aren't the only ones that may benefit from sinking money; people can do the same. In any case, what is the definition of a "sinking fund"? The term "sinking fund" r...
How To Negotiate When Buying Or Selling At A Pawn Shop?

How To Negotiate When Buying Or Selling At A Pawn Shop?

Loan
As the owner of a pawn shop, it can be challenging to find the right balance when negotiating with buyers and sellers. You want to make a profit, but you also want to ensure that everyone walks away feeling satisfied with the transaction. Understanding the Pawn Shop Business Model Before we dive into negotiation strategies, it's important to understand how pawn shops operate. Pawn shops offer short-term loans to people who need quick cash. These loans are secured by collateral, such as jewelry, electronics, or other valuable items. If the borrower fails to repay the loan, the pawn shop can sell the collateral to recoup their losses. When someone wants to sell an item outright rather than use it as collateral for a loan, the pawn shop will assess the item's value and make an offer. T...
How has Poonawalla fincorp performed in the recent years?

How has Poonawalla fincorp performed in the recent years?

Finance
Poonawalla Fincorp Limited is a non-banking finance company (NBFC) that was founded in 1983. It is a subsidiary of the Cyrus Poonawalla Group and is primarily engaged in providing loans and other financial services to customers. The company's services include personal loans, business loans, home loans, and loans against property. Poonawalla Fincorp is a publicly listed company, and its shares are traded on the stock exchanges. In recent years, Poonawalla Fincorp has been one of the fastest-growing NBFCs in India. The company has reported strong financial results and has consistently outperformed its peers in terms of growth and profitability. In this article, we will take a closer look at Poonawalla Fincorp's performance in the recent years and analyze its share price movement in the st...
The Top 5 Reasons to Use a Chartered Accountant in North Wales

The Top 5 Reasons to Use a Chartered Accountant in North Wales

Finance
Are you looking for a chartered accountant in North Wales? North Wales accountants provide a wide range of services, from auditing and taxation to financial planning and advice. Their expertise and knowledge make them the ideal choice when it comes to managing your finances. In this blog post, we’ll be discussing the top 5 reasons to use a chartered accountant in North Wales. 1) They have the experience and expertise When it comes to choosing a chartered accountant in North Wales, you should look for experience and expertise. Chartered accountants are highly trained professionals who have the experience necessary to help you manage your finances effectively. With their knowledge and skills, they can provide you with accurate financial advice, budgeting plans, and tax planning. They wi...
Can Revocable Trusts Be Managed or Changed?

Can Revocable Trusts Be Managed or Changed?

Business
A revocable trust is a type of legal arrangement that allows the person creating the trust (the "grantor" or "settlor") to retain control over their assets and modify or dissolve the trust at any time during their lifetime. This type of trust is often used as a tool for estate planning, as it allows the grantor to specify how they want their assets to be managed and distributed after they pass away. Creating a Revocable Trust To create a revocable trust, you'll need to take the following steps: Choose a trustee: The trustee is the person or entity responsible for managing the assets in the trust and carrying out the terms of the trust. When setting up a revocable trust, it's important to choose a trustworthy and capable trustee. This could be a family member, a friend or a profe...
Fixed Annuities vs. Variable Annuities 

Fixed Annuities vs. Variable Annuities 

Business
Annuities are financial products that provide a stream of income during retirement. They can be a useful tool for individuals looking to supplement their Social Security benefits or other forms of retirement income. However, not all annuities are created equal. There are two main types of annuities: fixed annuities and variable annuities. In this article, we will explore the differences between the two and provide some information to help you determine which type of annuity might be right for you.  Fixed Annuities  A fixed annuity is a type of insurance product that guarantees a fixed payment to the annuitant (the person receiving the income). The payment amount is based on the amount of the initial premium (the amount of money invested in the annuity) and the annuity's interest rate. ...
How to protect your capital in a down market

How to protect your capital in a down market

Finance
The stock market is volatile, and no investor is immune to its ups and downs. As the markets continue to experience wild swings, it’s becoming increasingly important for investors to protect their capital from dramatic drops in value. This can be done by diversifying your investments across multiple asset classes, utilising hedging techniques, and taking advantage of short-selling opportunities. This article will look at how you can best protect your capital in a down market to maximise your return on investment while minimising losses. Understand what a down market is and how it can affect your investments A down market can be difficult for investors. When the value of stocks, bonds, and other financial instruments declines, it can mean losses for those who invest. Understanding ho...
What Is a Straddle In Options Trading?

What Is a Straddle In Options Trading?

Finance
Options trading continues to become more popular. Research shows that options trading activity grew by 35 percent from 2020 to 2021. It also peaked in 2021, with 39 million contracts being traded daily. If you’re new to options trading, you’ll want to know the right strategies and approaches to use to maximize your profits. The global COVID-19 pandemic saw numerous day traders and swing traders flock to trading options. However, research shows that most retail investors incurred significant losses instead of generating sizable returns. What is a Straddle? A straddle is a common options trading strategy that involves purchasing or selling call and put options for an asset at the same strike price and expiration date. A straddle strategy only works when the asset’s price falls or ri...
How An Accountant Can Help Improve Your Business Bookkeeping

How An Accountant Can Help Improve Your Business Bookkeeping

Finance
If you're a business owner, managing your books can be a time-consuming and complex task. But it doesn't have to be. An accountant can help streamline your bookkeeping process and ensure your business is on the right track financially. In this blog post, we'll discuss how an accountant can help improve your business bookkeeping and the key benefits of having chartered accountants Bangor on your team. The Benefits of an Accountant Choosing from a list of chartered accountants Bangor can be a great way to improve the financial health of your business. An accountant can provide invaluable advice and guidance when it comes to managing your finances, as well as streamline the bookkeeping process for your business. Here are some of the key benefits of hiring an accountant: Experienced Exper...
Know everything about getting Easy payday Loans

Know everything about getting Easy payday Loans

Finance
In today’s world, it is becoming increasingly difficult to manage one’s finances. With the cost of living on the rise, more and more people are finding themselves in financial difficulty. This is where easy payday loans can be a great solution. Easy payday loans are short-term loans designed to provide a quick financial boost during times of financial difficulty. They are designed to help people get back on their feet quickly, and are typically due on the borrower’s next payday. This makes them an ideal solution for those who need money immediately, but don’t have the time to wait for a traditional loan to be approved. The process for getting an easy payday loan is relatively simple. All that is required is for the borrower to fill out an application form and provide e...