Prepaid debit cards are an excellent option for those with a tight budget. It is also an effective budgetary mechanism if you are worried about credit card debt. As the name suggests, prepaid debit cards can be used just like regular debit cards to make purchases. However, only the amount loaded can be spent.

Investment firms help people grow their money and manage their finances. However, there are many such firms in the country, and choosing the right one can be overwhelming, especially for new investors. To simplify the process, here is a list of the five best firms offering various investment products. These companies provide significant transparency and have an excellent track record.

There could be more than one reason to look for a new credit card. It could help you improve your financial well-being, save in the form of rewards, or pay off some existing debt. Luckily, applying for a new card is not a hard trek, as long as you put in the time to find the right card for yourself.

Having a poor credit score may affect you in several ways. Most banks and non-banking financial institutions consider your credit score before making a lending decision. However, if you have a bad credit, you may still apply for a bad credit car finance for the purchase of a new or a used car and manage to save yourself from high-interest loans.

A Federal Housing Administration (FHA) loan is a type of mortgage which is insured by the FHA and is considered one of the most affordable and fastest loans to procure. Simply put, the borrower needs to be approved by the FHA to get this loan. You may then look for different mortgage rates with different FHA-approved lenders.

If one is unemployed, even for a particular amount of time, managing finances can prove to be a daunting task. It not only gets challenging to make the existing funds last for a long duration but it is also difficult to obtain credit card approvals. However, not all hope is lost.

A credit card is an important financial tool. Living life without a credit card is difficult in today’s time. If used wisely, credit cards can prove to be a boon for you. However, before finalizing on a credit card, it is of utmost importance for you to know to analyze the rewards, benefits, and spending limit offered by various credit card companies in the country.

Credit cards are a must-have. They help you to manage your finances in a better way. Choosing the right credit card based on your needs is an important decision. We have listed down the best credit cards of 2020 to simplify your task. Chase Sapphire Preferred Credit Card This card was once awarded the title of the Best Travel Credit Card.

A cashback credit card can yield great earnings if chosen and managed in the right manner. It gives one the opportunity to earn rewards in the simplest way, thereby being extremely remunerative. A cardholder has a clear understanding of the earnings that come with a purchase devoid of the need to decode the same, thereby making it a great deal.

Money market funds are a type of mutual funds that yield fixed income from investments in high-quality short-term debt. The stock market can be volatile and unpredictable at times making investing in a risky venture. However, money market funds are among the safer investments you can make to secure your financial future.

Investing in health insurance is very important for individuals of any age. A health insurance policy is like an umbrella on a rainy day. It will keep you safe from the increasing medical expenses and the cost of hospitalization in case of an illness. Different health insurance plans operate differently and it is best to understand their features and costs before investing in one.

Popularly known as over-the-counter stocks, penny stocks often trade at a rate of $5 or less per share. They are stocks of companies that have low share prices. These are preferred by beginners who have just stepped into the investing world since they are quite reasonably priced. Following are the top 5 penny stocks for 2018:

The concept followed by a secured credit card is simple—spend the amount that you are capable of. The cards basically have a balance amount that is deposited by you. For example, you may deposit a balance of $100 and this becomes your credit card limit. Apart from being of help during an emergency, secured credit cards also help restore a good credit score in your favor.

A prepaid debit card is an excellent substitute for a traditional bank account. It has much of the same features and is a great way to keep your expenses in check. You can save up on the overdraft fees and use this card to get great perks and rewards. Following are the best prepaid debit cards to use this year.