Thomas Bourque, Author at On Deck Refinance

Jul212023 by Thomas BourqueNo Comments

Choosing Xero Payroll: Simplifying Payroll Processing for Your Business

Business

Managing payroll can be a time-consuming and complex task for businesses of all sizes. However, with the right payroll software, businesses can streamline the payroll process and reduce administrative burdens. Xero Payroll is a popular cloud-based payroll solution that offers a range of features designed to simplify payroll processing. In this article, we will explore the benefits of choosing Xero Payroll and how it can simplify payroll management for your business. 1. Automated Payroll Processing One of the primary advantages of Xero Payroll is its automated payroll processing capabilities. The software automates various payroll tasks, such as calculating wages, taxes, and deductions, as well as generating payslips. This automation significantly reduces the time and effort required ...

Jul132023 by Thomas BourqueNo Comments

The Art of Practice: Harnessing the Benefits of a Demo Trading Account

Business

In the world of online trading, knowledge and experience play crucial roles in achieving success. For aspiring traders, a demo trading account is an invaluable tool that allows them to practice their skills and strategies without risking real money. Whether you're new to trading or an experienced investor, a demo trading account provides a risk-free environment to hone your trading abilities. In this blog, we will explore the benefits of a demo trading account and how it can help you improve your trading skills and confidence. Understanding Demo Trading Accounts: A demo trading account, also known as a practice account or virtual trading account, is a simulated trading platform that mirrors real market conditions. It allows traders to execute trades, test strategies, and explo...

May242023 by Thomas BourqueNo Comments

A Guide To Decreasing Term Insurance

Business

When you first register for a term plan, the need may seem dire. This might be when your children are young, and you are stressed about how they will manage their finances when you are not around. But once they have grown up, this dependency decreases with age. Your children may start to recognize their responsibilities, earn a sufficient income and require less of your financial resources. This is when a decreasing term insurance can be useful. What Is A Decreasing Term Plan? A decreasing term insurance plan is a form of term insurance where the term insurance you signed for begins to decrease as time passes. This implies that the premiums you pay may become a lot more affordable, and the sum insured may reduce too. Who Should Buy A Decreasing Term Plan? A decreasing term plan ...

Apr282023 by Thomas BourqueNo Comments

Balanced Advantage Funds: Why Should You Invest in Them?

Business

Balanced Advantage Funds, or Balanced Advantage Mutual Funds, are an excellent investment option for investors looking for a balanced portfolio that offers diversification, stability, and flexibility. These funds invest in a mix of equity and debt securities and use a dynamic asset allocation strategy to balance the two asset classes. This blog will discuss what are Balanced Advantage Funds, why you should invest in them, and what factors to consider before investing. What Are Balanced Advantage Funds? Balanced Advantage Funds are mutual funds that invest in equity and debt securities. These funds use a dynamic asset allocation strategy to balance the two asset classes. The asset allocation is based on market conditions, and the fund manager can increase or decrease the distributi...

Apr192023 by Thomas BourqueNo Comments

A comprehensive guide to choosing the right loan for you

Finance

Payday loans are designed to provide immediate cash to people who are facing a financial emergency or any kind of unexpected expense. These types of loans tend to be short-term and a bit risky because many borrowers find themselves unable to repay on time which creates a cycle of debt and ends up rolling over the loan. It is important to carefully consider all options before considering payday loans. In addition, these loans are not generally recommended due to their high-interest rates and fees, but they offer quick and convenient access to cash. Furthermore, payday loans for califorian people do not require any credit check, which makes them a very easy option for people with poor credit history. Sometimes people do not have enough cash to fulfil their urgent requirements. Whether...

Apr132023 by Thomas BourqueNo Comments

How flexible are Unit Linked Insurance Plans?

Featured

Unit Linked Insurance plans are a form of insurance policy that comes with dual benefits. They are both a life cover for your family’s financial protection after your untimely demise and a great investment. So, it can help you fulfill all your long-term objectives with ease and peace of mind. By making regular premium payments, you can experience a solid financial future for your family in need. The premium that is paid in this form of insurance plan is classified into two different segments. One half is invested in your life cover, while the other is to serve your long-term goals. That is why ULIPs act as a great investment with high flexibility. If you want to know how else this plan is famous for its flexibility, continue to read below. 1. Choose Options As Per Your Risk Appet...

Mar212023 by Thomas BourqueNo Comments

5 Benefits of Kotak Assured Savings Plans for Long-Term Financial Planning

Business

Adding Kotak's Assured Savings Plans to your investment portfolio can be wise. Know the multiple benefits offered by these plans. Today, there are various long-term investment options available in the market. However, choosing the one that best suits your financial goals and requirements is vital. Kotak Assured Savings Plan and Kotak Guaranteed Savings Plan are two such investment options that offer several investment benefits. These savings plans are endowment plans that can help you save for your future financial goals while providing life insurance coverage. Here are some of the benefits of these assured savings plans. Guaranteed Returns One of the significant benefits of a Kotak Assured Savings Plan is that it offers guaranteed returns on investment. The plan provides...

Feb262023 by Thomas BourqueNo Comments

The Eight Benefits of a Backyard ADU

Featured

ADUs (accessory dwelling units), sometimes known as backyard dwellings, are small buildings built on the same property as a single-family home. They are becoming a more popular option for homeowners seeking additional living space while remaining in a bigger house. The following are the eight benefits of building a home in your backyard. An ADU in Los Gatos, CA, might be a great way to increase the size and convenience of your backyard. Acton ADU specializes in high-quality ADUs that are suitable for any outdoor situation. Whether you want to add a new office, children's playroom, or guest room to your home, our skilled team will work with you every step of the way to design the ideal addition. Acton ADU should be considered by families of all sizes due to our thorough design approach. Ca...

Feb62023 by Thomas BourqueNo Comments

Consider the benefits when opening a savings account

Business

It is important for you to have the right details before opening a savings account. You definitely will be able to to achieve more with the right info. Also, with the many online banks available, you will be able to join the right ones with ease. Although these online banks abound, you need to choose them wisely. Being able to choose them wisely will be what your responsibility will be. When you rush to open an account with an online bank because they have good perks, it is wrong. You need to think about your benefits in the long term. That helps a lot. Check their reputation for your good No matter the fame of an online bank, make sure you know for sure its reputation before you decide to create a bank account with them. The finest bank account opening procedure will definitely pr...

Feb22023 by Thomas BourqueNo Comments

Guide to Understand Various Types of Mutual Funds

Business

Are you considering investing in mutual funds? Then you must know about the different types of mutual funds and their features and benefits. Mutual funds can be classified based on different characteristics. If you are a novice investor, you have come to the right place. In this blog, we discuss the different types of mutual funds based on different factors. Classification of mutual funds based on asset class Debt Funds As the name suggests, debt funds primarily invest in fixed-income securities like treasury bills, government bonds, gild funds, etc. Since the investments come with a fixed interest rate, and maturity period, it can be an excellent investment instrument for risk-averse and passive investors looking for regular income with minimal risks. Equity Funds E...