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Finance

How Do Credit Card Minimum Payments Work

Credit Cards have become one of the requisites for proving your financial stability and creditworthiness while also providing boundless convenience in terms of shopping online and physically. It’s a win-win scenario to the end-users, as well as to the companies issuing them in the first place. Above all, most of the credit cards are free

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Finance

What Is a Dividend Reinvestment Plan and How Does It Work

What is a Dividend Reinvestment Plan and how does it work? Dividend Reinvestment Plan, short for ‘DRIP,’ is an innovative concept that enables investors to automatically reinvest their cash dividends back into the same stock they received the dividends from. The dividends can either be invested into full shares, or fractional shares. What Are the

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Finance

What Are Fractional Shares? Everything You Need to Know

What are fractional shares? The definition of fractional shares is true to its name where you can buy a fraction, or a part/portion of a share, as opposed to purchasing the entire full share. For example, say Company X is trading at $10,000. Typically, the way it works is that if you need to buy

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Finance

How the Younger Generation Can Financially Accelerate Towards Retirement

I am already in my 30s. And while I am comfortable with my current financial status, I could certainly be doing better, if I knew better (when I was younger). Also, my definition of “younger generation” here are people who’re 18 or younger and just about starting out in the real world with their first/second

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Finance

7 Financial Mistakes to Avoid During the Ongoing COVID-19 Pandemic

Unquestionably, the current COVID-19 pandemic has left a big dent in the history books, but a bigger one for our day-to-day, for most of us, is the mental and financial strain. The only solution to drowning our coronavirus grief is to wait it out, be patient, and hopefully, when the vaccines comes out, get inoculated.

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