Insurance

The decision to get insurance depends on your circumstances and your stage in life, such as: o Buying a home or renting a home or an apartment. o Starting a business o Buying a new vehicle. Insurance can protect you and your loved ones from financial loss or hardship. Insurance can help cover costs if…

Reducing your Expenses

An important aspect of managing your money is that of reducing your expenses.  You can achieve this in various ways, as shown below. At the store Resist impulse buying.  Ask yourself these questions: Do I really need it? Do I need it today? What if I do not buy it now? Can I purchase it…

Borrowing Responsibly

Borrowing is, many a time, a convenient way for you to purchase something that you would otherwise take a long time to save up for. For example, home buyers rarely can settle the full cost of a home. Most borrow a large part of the purchase price, except for the down payment as security. Mortgage…

one year on…

Dear Viewers Today we are celebrating our first anniversary since the launch of our portal – as your independent trusted portal on retirement and financial capability. We have over the past 12 months brought to your attention: Information on the social security contributory pension. Information on money management and financial matters. Information on life events…

Maltese Social Security Benefits

The term social security benefits refers to various benefits (contributory and non-contributory) that fall under the remit of the Department of Social Security (DSS) in accordance to the Social Security Act (Cap. 318.) whereby the applicant would receive monetary benefits. Benefits include pension payments to retirees, payments to widowers, invalidity pension payments, maternity payments, payments…

When do you start investing?

When you know your needs, your goals and your risk tolerance. When you have done an investment plan, outweighing different types of products, and choosing the one that best suits you, among many alternatives. When you have checked all the charges involved. When you have got plenty of money in your cash savings account –…