233 companies

Finance

...

    Finance

    What can you do with your money?

    Depending on your financial situation and targets, you can either save your money or invest it. You can put your money into an account or invest in stocks, assets, shares, property, etc. But first, build an emergency fund.

    What is equity?

    In finance, equity is the value due to the shareholders of a business. In accounting, it's equal to the value of the assets minus the liabilities amounts. You will find two types of equity, respectively the book value and the market value, but for individuals is generally refers to the second definition.

    What falls under equity?

    In finance, "equity" comprises the money that would be reimbursed to the company's shareholders in case of liquidation and full debt settlement. It's the degree of ownership in a company's assets after subtracting the companies liabilities.

    Savings vs Investments

    To save means putting money into a low-risk cash account, with low to zero risks. You can withdraw the amount you put in, plus the low earned interest. But to invest, which has a higher risk, means putting money into an asset you believe will grow, with bigger potential returns, but also a higher likelihood of loss.

    How do you calculate assets?

    A company owns current, fixed and intangible assets. In finance, a company's total assets comprise the book value of tangible assets and the market value of intangible assets. Add up the current value of assets minus the value of liabilities.
     

    Saving

    What does it mean to save money and what are the different options?

    To save money means gradually putting money aside for the future. You can place money into an account in a building society or a bank. Cash accounts include instant access accounts, regular accounts, fixed-term deposit, index-linked and cash ISAs (tax-free).

    Why save?

    Save money for emergency funds, holiday, important projects and for financial security. You should regularly save money and place it into an account, so it can earn interest. Improve your financial situation, and security as you know what the future may hold. Especially if you do not have a strong understanding of investing and the risks involved, saving accounts can be a great way of putting your money to work.

    What is deposit saving?

    Long-term deposit saving means depositing an amount into a closed account, which has a fixed lifetime over which you are not able to access the fund. The interest in this accounts is slightly higher as you are not able to access the fund or have a limited number of allowed withdrawals, after which costs are incurred. The account is generally at a bank or a financial institution, as they use the capital for loans, and there is a fixed maturation date.

    What are some best practices to save money?

    To properly direct your free expendable cash, you should pay the necessary expenses and aim for minimizing debt. After that, set up an emergency fund for unexpected expenses. Try to avoid registering unnecessary new credit cards and centralize all your accounts.

    What are the principles to save money?

    (p>The basis to save money comprises 3 principles, respectively, spending less than you earn, and improving the level of your income through growing your existing capital. You can gradually save money or make one-off deposits into an account.

    How much of your saved money can be tax-free?

    The Personal Allowance scheme helps you enjoy free of tax interest. You can earn up to £5,000 tax-free interest for salaries under £17,500. But a salary of up to £50,000 allows for £1,000 tax-free interest.

    What can you do with your saved money?

    You can build a 6 months' worth of expenses emergency fund with your saved money for unexpected expenses. Also, you can save for a holiday, gifts, expensive antiques, a house or a retirement plan.
     

    Investing
     

    What is investing?

    To invest means using your money to work on starting or developing a project, purchase an interest, bonds, shares, or assets to increase in value. It's a mechanism to generate future income. Investing is something that takes place on an individual and institutional level, and is the reason the current economic system is called market capitalism. It is about people using existing capital (available funds) to invest in a venture (whether it’s a business, property and scientific research) with the belief that the resources generated by that venture will be higher than the invested capital.

    Where can I invest?

    Depending on the target of your investments and the amount of capital available, you can invest in a company or commodity which you consider will grow in time. Also, consider the stock market, investment bonds, mutual funds.

    How can I invest?

    You can invest through a broker or use online platforms. A good approach is to use financial advisers who can help you determine the best approach depending on your cash flow situation and investment goals.

    Benefits of making an investment

    Although it's reasonable to hold on to some cash, you should diversify what you do with your money and check the returns potential from different assets. You will enjoy high-interest rates, increase your long-term returns, outperform the rate of inflation and receive a regular income. However, be sure to know the risks you are taking and never over-expose yourself to financial factors out of your control, such as market fluctuation or other macroeconomic changes.

    What are my options for investing?

    You can choose from a wide range of investments such as bonds, property, or equities for regular income. Consider the stock market but account for the high volatility of prices. You can achieve increased returns but with higher risk.

    How should you declare the profits from investments to the tax?

    You should declare your income from profits made if you are self-employed to the HMRC. You can pay it through the PAYE system. And to check that you are paying the right amount of tax, use the online resources at the HMRC site.
     

    Speculation

    Speculation means carrying out a financial transaction which presents a high risk of decreasing in value but also an increased potential of returns or other significant value. The risk of loss is counterbalanced by the gain.

    What is speculation and how does it work?

    Speculation refers to an investment in an asset with a significant risk of losing value but also a high value expected return. The prospect of gains stands behind the speculation. For example, you can speculate in property to resell.

    How to earn money by speculating

    You can earn money speculating with online brokers and special trading platforms using contracts on the primary value of a financial instrument such as company stocks. You can also speculate on the FOREX market movements.

    With which can I speculate (shares, crypto, binaries, online platforms)

    You can speculate on the stock market in shares of publicly traded companies or on crypto conversion rate movements. Follow the price fluctuations of binary options in global markets and use online trading platforms for low fees and more control.

    Investing vs speculating

    The main distinction between speculation and investment is the level of risk you undertake. If you are taking calculated risks to profit from a transaction, then you are investing. But if you spend money on an asset with great failure potential, you are speculating.

    How and where to start speculating?

    When you are speculating, never consider tips. Speculating involves hard work, and it's not an easy way to become wealthy. Check the market and do not take high risks for small rewards. Make your next moves based on the assets' evolution.

    What to be wary of?

    When you are speculating, it's easy to get caught in the excitement and lose track of relevant indicators. You should consider the markets' danger movements and do not exceed the price limits which you have established for yourself.

     

    Cryptocurrencies

    What are cryptocurrencies?

    Cryptocurrencies are virtual or digital currencies which use cryptography for safety purposes. They are traded on a decentralized system comprising blockchain technology. Cryptocurrencies allow for peer-to-peer transactions to take place without any bank or financial institution involved in the operation.

    How do cryptocurrencies work?

    Transactions are made between peers with cryptocurrency wallets. The person initiating the transaction uses the wallet to transfer an amount from a public address to another account and adds a password which is communicated to the receiver of the funds.

    Where can I buy cryptocurrencies?

    The safest way to buy cryptocurrencies is through a centralized exchange such as Coinbase or Bitfinex. And, after opening an account and verifying your identity you can tap into cryptocurrency conversion with FIAT currency or other digital currencies.

    What kind of cryptocurrencies are for sale?

    You will find a wide range of cryptocurrencies for sale such as Bitcoin, Ethereum, Bitcoin Cash, Ripple or Litecoin. Not all cryptocurrencies can be bought with FIAT money. It depends on the pairs available on the exchange platform which you are using.

    How to start with Trading/Invest in cryptocurrencies?

    To trade or invest in cryptocurrencies, you need to have a cryptocurrency wallet and choose an exchange. You can trade FIAT to crypto or crypto to crypto. Start with prominent digital coins such as Bitcoin or Ethereum.
     

    How should you declare the profits from investing in cryptocurrencies?

    The HMRC taxes cryptocurrency profits based on what the owner of the cryptocurrencies does. If the holder is carrying out trades, then the Income Tax is applicable. A trade with cryptocurrencies is similar in nature to trading securities or shares.
     

    What are the most popular coins?

    The most popular digital coins include Bitcoin, Ethereum, Litecoin, Zcash, Dash, Ripple, Monero, Cardano and EOS. However, the market comprises more than 1,600 cryptocurrencies and it's constantly expanding with initial coin offerings (ICOs) taking place with increasing frequency.

    What should I be wary of?

    Before you consider to invest or trade cryptocurrencies, you should account for the high volatility of the asset's price and government regulations. The rapid market movements of cryptocurrency prices are significant and can lead to large losses.
     

    International currency transfer

    When should I use a currency converter?

    You should use a currency conversion tool when you are looking to buy or sell a specific currency or determine the situation of the FOREX market. You will find a variety of currency conversion programs and services online provided by banks or other financial institutions.

    What options do I have for international money transfers?

    You can make international money transfers via bank wire transfers or using alternatives payment solutions sometimes provided by apps. Specific apps will allow you to create multi-currency and international accounts with low transfer fees and increased transfer speed.

    What are the hidden costs?

    Hidden costs of international bank wire transfers comprise transfer fees, foreign currency conversion differences, swift tracing fees, quick send premiums, inter-bank fees, overhead fees, and other charges.

    How Has Fintech Changed the Industry?

    Fintech or financial technology has had a strong impact on international money transfers, by offering efficient solutions to users to transfer money across borders with low costs and at increased speed. Also, these alternative transfer solutions offer improved security and encrypted transfer channels.

     


    Western Union brand logo for reviews of financial products and services
    Western Union
    1 reviews

    Fact of life: everyone has to deal with money. Whether you like it or not and no matter how hard you try, in our society there simply is no way aro...

    HiFX brand logo for reviews of financial products and services
    HiFX
    12 reviews

    How many money transfers do you make each year? They are probably more than you realise, since the number also includes transactions you make at gr...

    Best of the best brand logo for reviews of financial products and services
    Best of the best
    0 reviews

    Have you ever thought of owning your dream car? Have you been saving up to get it but haven’t been able to meet the target? What if ther...

    Rift Tax Refunds brand logo for reviews of financial products and services
    Rift Tax Refunds
    0 reviews

    In the United Kingdom, the HMRC fully known as Her Majesty's Revenue and Customs is not a ministerial department of the United Kingdom Government r...

    Currency Solutions brand logo for reviews of financial products and services
    Currency Solutions
    1 reviews

    Since money is one of the most important aspects of our daily lives, you will want it to be safe. Unfortunately, you take a risk every time you dec...

    Iuvo P2P Investment brand logo for reviews of financial products and services
    Iuvo P2P Investment
    1 reviews

    Investing your money is not as safe and risk-free as some companies would like you to believe. You probably understand how important it is to find ...

    Freedom24 brand logo for reviews of financial products and services
    Freedom24
    2 reviews

    In the 21st century, stock trading is a rather lucrative business, one that is looked at favourably by individuals from all professions. The buying...

    More Than Accountants brand logo for reviews of financial products and services
    More Than Accountants
    42 reviews

    To manage a business effectively and efficiently is one of the most challenging things to do and as such most individual fail in it. The reasons fo...

    XE Money Transfer brand logo for reviews of financial products and services
    XE Money Transfer
    2 reviews

    If you want to send money abroad, this is not always easy. Especially not when the receiver lives in a different country and they deal in a differe...

    EasyMarkets brand logo for reviews of financial products and services
    easyMarkets
    1 reviews

    Dealing and trading foreign money and other business affairs can be quite risky. It’s hard earned money and you don’t want to be cheate...

    Bitcoin Miner brand logo for reviews of financial products and services
    Bitcoin Miner
    1 reviews

    We all secretly want to get rich, but sometimes that is too good to be true. What about Bitcoin Miner? Get advice here based on the reviews and rat...

    TransferGo brand logo for reviews of financial products and services
    TransferGo
    6 reviews

    Dealing with money can be a tricky business. Therefore you will want to make sure that your money is safe and secure when you transfer it to someon...

    CurrencyFair brand logo for reviews of financial products and services
    CurrencyFair
    1 reviews

    Every once in a while you want to transfer some money. Within the UK, this is not as much of a problem, but transferring money abroad is a bit risk...

    Libertex brand logo for reviews of financial products and services
    Libertex
    1 reviews

    Investing your savings can be a great way to make your wealth grow. But there are also a lot of risks that come with investing your money. You migh...

    GoldMadeSimple brand logo for reviews of financial products and services
    GoldMadeSimple
    1 reviews

    Gold is and always has been one of the most valuable materials in the world. And there are many people that would just love a bit of gold coins, go...

    Bitcoin Profit brand logo for reviews of financial products and services
    Bitcoin Profit
    1 reviews

    Are you looking for a reliable trading platform to trade bitcoin and monitor your sales? Bitcoin Profit is one of the platforms you might want to c...

    Ledger brand logo for reviews of financial products and services
    Ledger
    1 reviews

    Considering the economic variations of the world right now, it is wise to strategize how to build wealth. Money that is earned and not utilised wel...

    Remitly brand logo for reviews of financial products and services
    Remitly
    1 reviews

    Financial resources are not abundant in many parts of the world. A lot of people are stricken by poverty and they give birth in these wretched cond...

    Moneyfarm brand logo for reviews of financial products and services
    Moneyfarm
    1 reviews

    You can put your money safely on a bank. It’s completely normal. Most people do it and your money will grow by a little bit as long as you do...

    Post Office International Payments brand logo for reviews of financial products and services
    Post Office International Payments
    2 reviews

    Sometimes you want to send money to people abroad. But making an international payment is not as easy as it might seem. Fortunately, there are comp...

    WorldRemit brand logo for reviews of financial products and services
    WorldRemit
    21 reviews

    If you have friends and family living abroad and you want to send them some money, you can of course use a regular bank transition. But that often ...

    Fidelity ISA brand logo for reviews of financial products and services
    Fidelity ISA
    2 reviews

    What would you like to do with your savings? You can put your money on a bank account, but you can also invest a part of the money to make it grow....

    FairFX brand logo for reviews of financial products and services
    FairFX
    2 reviews

    If you are planning on visiting another country, you will need some local currency for your business trip, city trip or holiday. However, finding t...

    Post Office Travel Money Card brand logo for reviews of financial products and services
    Post Office Travel Money Card
    2 reviews

    During a holiday, you might want some travel money that you can make use of whenever you want. Post Office Travel Money Card wants to make sure you...

    Travelex brand logo for reviews of financial products and services
    Travelex
    2 reviews

    If you’re planning on travelling to some other country, there might be a chance that you need some other type of money than the money that is...

    VIABUY brand logo for reviews of financial products and services
    VIABUY
    5 reviews

    Transferring money is a risky business. Therefore, you want it to be as safe as possible. But how do you do that? Which company can help you with t...

    Revolut brand logo for reviews of financial products and services
    Revolut
    3 reviews

    Using your normal debit card or credit card to pay in a foreign country is not always as easy as it seems and it often incurs unwanted costs. Revol...

    Asda Money brand logo for reviews of financial products and services
    Asda Money
    3 reviews

    Everyone makes some kind of money transaction at least every once in a while. But what do you usually use? A credit card can be a useful and safe w...

    FXTM brand logo for reviews of financial products and services
    FXTM
    2 reviews

    Doing business is not as easy as it seems. You are dealing with shares, indices, stock index, foreign exchange and other complicated constructions....

    Coinbase brand logo for reviews of financial products and services
    Coinbase
    3 reviews

    Maybe telling about the concept of Cryptocurrency and the importance of the decentralized exchange system isn’t the best way to begin this. B...

    TransferWise brand logo for reviews of financial products and services
    TransferWise
    16 reviews

    Transferring money is not as easy as it seems, especially if you want to send some money abroad. Most companies charge fees, rooor simply give you ...

    Aescuvest brand logo for reviews of financial products and services
    Aescuvest
    2 reviews

    Imagine the possibility of developing a product that can improve the health of millions of people. Imagine a world where you do not have to be part...

    Scottish Friendly brand logo for reviews of financial products and services
    Scottish Friendly
    6 reviews

    No matter what you do, you can seldom do anything without money. You have to pay your rent or mortgage, you need grocery shopping in order to eat, ...

    ANNA Money brand logo for reviews of financial products and services
    ANNA Money
    4 reviews

    One of the major requirements you will need when setting up a business is a bank account. However, as a business owner, especially a startup, there...

    Wirex brand logo for reviews of financial products and services
    Wirex
    5 reviews

    Many reward programs reward you with credit, air miles or real money. There are, however, very few reward programs that provide you with crypto. Cr...

    Interactive Investor brand logo for reviews of financial products and services
    Interactive Investor
    1 reviews

    Financial investments are necessary for anyone who wants to thrive and flourish in our world today. You cannot build a financially free future if y...

    Ria Money Transfer brand logo for reviews of financial products and services
    Ria Money Transfer
    1 reviews

    Online money transfers offer luxury because they link people that their geographical locations would have or else made it extremely difficult for t...

    Loan brand logo for reviews of financial products and services
    Loan
    1 reviews

    Housing is a basic necessity for every human being. There is a need for shelter over our heads and that of our loved ones. Still, it is not at...

    LendYou brand logo for reviews of financial products and services
    LendYou
    1 reviews

    The world is regularly looking for ways to make it easier and faster to get things done. The implication is that there have been many inventions th...

    2checkout brand logo for reviews of financial products and services
    2checkout
    3 reviews

    The use of the Internet for e-commerce has become very important in recent times. Virtually every local store now needs an online store, almost irr...

    Azimo brand logo for reviews of financial products and services
    Azimo
    3 reviews

    Not many transfers beat the transfer of money around the world. Money is so important that it makes up a large percentage of our dealings with othe...

    Aspen Woolf brand logo for reviews of financial products and services
    Aspen Woolf
    1 reviews

    Many individuals as of today encounter great difficulty when it comes to the choice of investment. There are various forms of investment portfolios...

    OFX brand logo for reviews of financial products and services
    OFX
    1 reviews

    Are you looking for a way to transfer money internationally? Transferring money can be a risky business, as many companies will charge high fees, o...

    Doorsteps.co.uk brand logo for reviews of financial products and services
    Doorsteps.co.uk
    1 reviews

    A vast number of today’s populations are practically homeless or permanently moving between places as a result of one reason or the...

    GoHenry brand logo for reviews of financial products and services
    goHenry
    1 reviews

    In a chaotic and quite greedy world like ours, money is the prime requirement for almost everyone. If you want to maintain a good, lavish, and beau...

    Day Made brand logo for reviews of financial products and services
    Day Made
    1 reviews

    A Raffle draw is a contest in which we pay to obtain tickets to win a prize. The tickets are gotten from a certain container, and when they ar...

    Claro brand logo for reviews of financial products and services
    Claro
    2 reviews

    Money management skills are something people do not talk about as often as they should be. Most people do not understand the true meaning of wealth...

    Chip brand logo for reviews of financial products and services
    Chip
    2 reviews

    Do you have a problem saving up for your dream car? Do you always end up spending the money after months of dedicated savings? If this ha...

    Bondora brand logo for reviews of financial products and services
    Bondora
    2 reviews

    A wide variety of investment portfolios exist to assist us to achieve our financial goals. Also, people invest for one reason or the other, either ...

    Coinrule brand logo for reviews of financial products and services
    Coinrule
    1 reviews

    Many people find it difficult to fully comprehend what blockchain technology is, and how it is revolutionizing the global financial marketplace. Wi...

    Bitpanda brand logo for reviews of financial products and services
    Bitpanda
    2 reviews

    As technological advancements evolve in the world, it impacts every aspect of human existence and every sector of human activity. We can all agree ...

    AU Card brand logo for reviews of financial products and services
    AU Card
    3 reviews

    The use of cryptocurrency is fast becoming a household investment plan and it is also probably becoming the acceptable digital money in t...

    BlockFi brand logo for reviews of financial products and services
    BlockFi
    2 reviews

    Cryptocurrency is being tipped to become the currency of the Internet in the future. As a result, since the invention of Bitcoin in 2009, there hav...

    Cex brand logo for reviews of financial products and services
    Cex
    1 reviews

    If there is one thing economics has taught us, it is that human needs are generally insatiable. This goes a long way in explaining why we...

    Cashplus brand logo for reviews of financial products and services
    Cashplus
    1 reviews

    Financial technology, otherwise known as Fintech, describes the new technology services that seek to improve and automate the use and delivery of f...

    Nexo.io brand logo for reviews of financial products and services
    Nexo.io
    1 reviews

    Getting loans can be very challenging due to issues with trust. Apart from trust, many other factors make getting loans difficult. There is the fac...

    Bwin brand logo for reviews of financial products and services
    Bwin
    1 reviews

    Sports betting has been around since the inception of the sport itself, due to advances in technology, the way sports betting is being done has gro...

    Abra brand logo for reviews of financial products and services
    Abra
    2 reviews

    The use of the Internet has expanded to virtually every aspect of our lives. The implication is that most things we do physically, we can now also ...

    BitMex brand logo for reviews of financial products and services
    BitMex
    1 reviews

    There are many ways people make money legally from the Internet, even though there are some illegal ways too. Knowing that there are illegal ways w...

    Sensiblesavings brand logo for reviews of financial products and services
    sensiblesavings
    0 reviews

    There are many ways through which we can prepare financially for our future. Three of the most common ways include investing money, saving money an...

    Bonus Bagging brand logo for reviews of financial products and services
    Bonus Bagging
    0 reviews

    In the UK there is an array of bookmakers that you are likely to find in many town and city centres. Chains like Ladbrokes, William Hill and Coral ...

    LocalBitcoins brand logo for reviews of financial products and services
    LocalBitcoins
    0 reviews

    The way we buy and sell, and even save money is fast changing. Some time ago, people relied on piggy banks for their savings and even traded items ...

    ESmart Tax brand logo for reviews of financial products and services
    eSmart Tax
    0 reviews

    Whenever a government imposes or levies a financial obligation on its residents or citizens, is referred to as taxation. Since ancie...

    Empower Finance brand logo for reviews of financial products and services
    Empower Finance
    0 reviews

    In this 21st century, it is always safe for one to manage and monitor expenses as it goes out on a daily, monthly or annual basis to avoid lavishne...

    Motley Fool brand logo for reviews of financial products and services
    Motley Fool
    0 reviews

     Wealth can and should be managed. The very presence of cash and assets in a person’s life at a certain time or period can never be stab...

    Stand Up brand logo for reviews of financial products and services
    Stand Up
    0 reviews

    The belief is that fun is good, but depression is not friendly. The question is, how do we get beneficiary fun? By definition, any type of rec...

    Profile Pensions brand logo for reviews of financial products and services
    Profile Pensions
    0 reviews

     A pension or retirement plan is one of the most important things an earner or civil servant should consider during service years. A good pens...

    Student Credit Checker brand logo for reviews of financial products and services
    Student Credit Checker
    0 reviews

    Without a strong background when it comes to financial matters, it is difficult to make headway in plans and dreams for the future. This also appli...

    Hargreaves Lansdown brand logo for reviews of financial products and services
    Hargreaves Lansdown
    0 reviews

    This present world so reeks of poverty and destitution, yet there is so much money in circulation in the world. Even those who make a lot of money ...

    Fellow Finance brand logo for reviews of financial products and services
    Fellow Finance
    0 reviews

    Do you have more money than you need for your welfare and other miscellaneous? And you’re in search of a more prudent way to put that money t...

    CardSentry brand logo for reviews of financial products and services
    CardSentry
    0 reviews

    Do you have experiences using the services of this brand? How did you think their customer service was in dealing with your request? Was the descri...

    Square brand logo for reviews of financial products and services
    Square
    0 reviews

    Going about with a huge sum of money could be very dangerous and worrisome and may expose one to attack by criminals or fear of having it lost. A s...

    Jackpot Joy brand logo for reviews of financial products and services
    Jackpot Joy
    0 reviews

    Have you been to casinos all around your city hoping that one day you'll hit a jackpot that will change your life for the best? If you have, then y...

    Aldermore brand logo for reviews of financial products and services
    Aldermore
    0 reviews

    Owning a home or starting our own business is one of the significant life achievements for everyone. We put in extra hours during or after working ...

    888ladies brand logo for reviews of financial products and services
    888ladies
    0 reviews

    Right from time, human beings are known to gamble most especially the men, though the origin of gambling is unknown it has been seen in almost ever...

    AxiTrader brand logo for reviews of financial products and services
    AxiTrader
    0 reviews

    Do you have experiences using the services of this brand? How did you think their customer service was in dealing with your request? Was the descri...

    Regal Assets brand logo for reviews of financial products and services
    Regal Assets
    0 reviews

    Just like me; I strongly believe you’ve been hearing all those 'gold' radio ads, haven't you? Did you know that gold is a precious metal? In ...

    Crypto Regal Wallet | Regal Assets brand logo for reviews of financial products and services
    Crypto Regal Wallet | Regal Assets
    0 reviews

    The finest cryptocurrency trading podium is what meets exactly your needs – both as a purchaser or vendor of your main cryptocurrency. Nevert...

    Hargreaves Lansdown brand logo for reviews of financial products and services
    Hargreaves Lansdown
    0 reviews

    Do you have experiences using the services of this brand? How did you think their customer service was in dealing with your request? Was the descri...

    The Royal Mint brand logo for reviews of financial products and services
    The Royal Mint
    0 reviews

    Have you ever seen those medals embellished with mint given to the winners and the runners up of the UEFA Champions League and you keep wondering w...

    Veelgestelde vragen