The Basics of Personal Finance

The Basics of Personal Finance

Personal finance refers to major financial decisions an individual has to make with regard to allocating resources for the long term, taking into account life events in the future or potential risks. These decisions should involve banking options, planning for...
Savings vs. Debts

Savings vs. Debts

There have been a lot of debates in the financial community about what is more important: paying off debt or contributing to your savings fund. Tips and instructions on how to save money for retirement and pay debt are available, but sometimes it is actually hard...
Logbook Loans vs. Other Loans

Logbook Loans vs. Other Loans

During those times that you are in front of a financial challenge and you do not have enough savings to back you up, a loan can be the only solution you are left with. If you want to avail this, there are different kinds of loans that are available to you. However,...
Logbook Loans Explained

Logbook Loans Explained

There is a type of loan known as a “logbook loan” which has been gaining popularity in the United Kingdom, both for its seemingly attractive terms and associated risks. Also known as a V5 loan or a bill of sale, it is a type of loan wherein cars are used...
Pros and Cons of Refinancing a Car Loan

Pros and Cons of Refinancing a Car Loan

Refinancing, in its simplest terms, is defined as taking out a new loan to replace your old one. This is usually done in order to change terms of the loan, such as extending the loan period and lowering monthly payments. Refinancing can be an attractive option....