Personal Finance | Money Management  


Suze Orman - 4 Oct - Attitude On Personal Finance





Instead of paying the massive amounts of interest that the credit card companies charge you can often get a lower rate of interest together with a lower monthly payment. So are credit card consolidation loans all good news? Well unsurprisingly no they aren't. As with any other financial product, credit card consolidation loans require some very careful consideration before you decide whether or not they are for you. 

Also, since these banks are operational through the Internet, you don t have to worry about not being in the country to make a particular deposit or a withdrawal from the account. Your deposits and withdrawals reflect in your account in real time, so you don t need to wait for them to show in your account. 

By around the 16th and 17th centuries Amsterdam had begun to become the main stock market in Europe. It was there that the very first company to issue stocks and bonds was formed. This was the Dutch East India Company who issued the first share ever to be sold on the Amsterdam Stock Exchange. The Dutch as leaders in this new field soon began to develop some of the financial instruments that we are all still familiar with today. 

Of course safe investing means different things to different people. To some the idea of safe is simply to put their money on deposit. However from a stock market point of view let's look at what safe means to new investors. While investing in stocks and shares will always carry a certain amount of risk especially over the short term it is possible to minimize that risk. 

This will not only enable you to build up a great little nest egg but you will also benefit from getting into the habit of saving and investing money. While in college funds may be tight but the self discipline of providing for yourself in the future will be great way to learn the skills that you will also need in building your career. 

Of course if you are consolidating bills from credit cards you will probably find that the lower interest rate will make a huge saving in both the monthly repayment and the overall cost of the loan. Just don't make assumption though. Check it out carefully. It's your cash that we are talking about here and no one will take care of it better than you.