Financial Safety Advice

Increasingly, companies that provide credit cards to their employees. The reasons are numbers and go from a simple benefit to maintain a more thorough inspection of the costs that employees make to the company. Let us look how this type of credit cards.

As a card, business cards have a fixed monthly credit limit. As they are making purchases, the balance is deducted, the amount of each of the operations. A month-end settlement is performed operations. They range from the deposit that the company has previously done. As for the credit limit, it depends on the company. Even I could be the case that not all employees have the same credit limit, and may even be different types of credit cards.

As regards the period of liquidation, it is on a monthly basis. If not set another date earlier the same day runs from twenty to twenty-first day of next month. The day of office is the first day of the month. Charges may be domiciled in any financial institution.

The payment method depends on the requirements that the company has at time of signing the contract. In general, institutions are flexible and seek in conjunction with the company, the manner most comfortable to them. The same applies if the company decides not to pay the entire debt. It communicates with the entity, which seeks the most convenient online payment. Read the rest of this entry →

Taking into account the conditions of the mortgage loans that are offered today, and the value of one-bedroom apartment in Buenos Aires, a person would have to borrow from a bank for 15 years, paying monthly U.S. $ 1,000 access to home ownership. Even if it could save u $ s1.800 pay off the debt in just 30 months. What for you? Mario Gomez, the real estate market expert and in charge of the course “The real estate and personal finance” Global Investor campus, provides the answer.

This week, the newspaper La Nacion published an article titled: “You have to earn $ 11,000 to pay a mortgage.” The calculation arises to estimate the income share ratio down the banks (30%), for someone who goes into debt for 70% of a department of u $ s 78,000 (60 m2 at the average prices that publishes Real Estate Report) . In short, those who take a credit of $ s54.000 have to pay for 15 years some U.S. $ 1,000 to pay off the loan, interest, insurance and taxes, using the French system of depreciation.

However, this family group earns revenue by about $ s3.000, if over 30 months save 60% of their income (u $ s 1,800 per month), agree to the $ s 54,000. It is true that would be adjusted for two and a half years and live with 40% of household income, but soon could put together as in 15 years of lending commitments. Read the rest of this entry →

Personal finance is the way a person relates to their environment through the use of their money, everyone directly or indirectly manages money so everyone has a financial life that can take a balanced or unbalanced.

Usually a few people have a good handle on personal finances, some are living in debt or debt from financial hardship on a regular basis, some of the typical mistakes we make are:

* Misuse of credit cards. -One can benefit from the credit card by exploiting various discounts and promotions, but usually people go into consumerism and end up paying large sums of money due interest or fees to withdraw money the cashier.

* Do not save .- The savings are the basis of wealth, however, in Spain there are many people who have no more than a dollar saved and instead have to settle debts. Read the rest of this entry →