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Venturing into Personal Investments to Grow Your Income

Venturing into Personal Investments to Grow Your Income

People need to work in order to earn money and provide for their needs. Some people simply get by with what they earn while others are able to live comfortably. In any case, financial growth is something that most people would like to achieve. Aside from doing well on your job, you can also find ways to make your money earn more. This can be done by venturing into personal investments. Merriam-Webster defines investment as “the outlay of...

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Taking Steps to Manage Your Personal Finance

Taking Steps to Manage Your Personal Finance

Receiving a first pay check is a milestone for most people. The first thing that usually comes to mind is how to spend this hard earned money. While there is nothing wrong with spending your money as you please, using it all up on wants and need can spell disaster for your financial future. Those who would like to avoid getting stressed over bills and expenses in the future need to learn how to manage their earnings properly. Managing...

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Saving For What You Want

Saving For What You Want

No matter how we say that we are scrimping, buying only our needs, so that we can save for the future, there will really be times that we want something so bad. And that something could be really expensive. It could be a designer bag, a classic timepiece, a dream vacation—it could be anything. Unless it is a car or a house that you can get on amortization for many years to pay, it is best to save up for what you want before you buy it...

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The Attitude of Buy and Sell

The Attitude of Buy and Sell

Many people buy stuff because they collect them. It could be antiques, figurines, cars, dolls, coins, guns, gadgets, and other things. They feel good about the acquisition and take delight in just looking at them, handling them, or cleaning them. Well, that tickles their fancy. And most of them spend a great deal of money on their collection. But there are other people who have that buy and sell attitude. Some are in business (like having...

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Central Bank Report a Rise in Bank Deposits

Central Bank Report a Rise in Bank Deposits

March saw a spike in total bank deposits to AED 1,331.7 Billion; the Central Bank have reported. The number of deposits increased by 2.5%, due to AED 30.6 Billion more resident deposits, and AED 1.6 Billion more non-resident deposits. The saying goes that ‘loans create deposits’. And it will certainly have helped that interest rates in the UAE have been the lowest for 15 years, so there couldn’t be a better time to get a credit card – and...

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Keeping Personal and Business Finances Separate

Keeping Personal and Business Finances Separate

When you are a sole proprietor or a small businessman operating from home, one of the challenges that you might face is the difficulty of separating your personal finances from business finances. Even if you do your transactions while you are in your jammies, you still have to do business in a professional way. Regardless of where you hold your business, it is important for you to be able to keep your private affairs from mixing with your...

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