In the middle of the Christmas Shopping spree

Since you have put your thoughts on paper, budgeted and followed our advice and hints, you are definitely satisfied, tranquil and happy. Great news: you have won too because whether it’s for something specific or for the future, you have saved this Christmas and you have put money aside. However, if you are still in…

Vulnerabilities as You become Older

Although there is no data available with regard to Malta, research overseas shows that elderly financial abuse is a growing trend. Indeed, other than the victim’s age, elderly financial abuse is a crime which is indiscriminate in choosing who it strikes. Factors such as one’s socio-economic status, gender, educational background and geographic location do not…

Getting a Pet

Keeping a pet incurs costs to care for properly and the financial obligations may not be for everyone. Before you get yourself a pet, ask yourself if you can make a lifelong commitment to taking good care of it. The costs of owning a pet The following are some of the expenses you need to…

Purchasing Your Home

Buying a house is exciting and life-changing. Saving for the deposit that you place when you come to take a loan is important. Remember, the more money you put down upfront, the less you will borrow, and the lower is the amount of interest you will pay on your loan. Targeting Your New Home In…

Working as Self-Occupied

First and foremost, to know more about the difference between self-employed and self-occupied, please click here. Whilst self-occupied employment can bring financial and lifestyle rewards – along with enormous personal satisfaction – without the backup of a regular wage or salary, running your own business calls for careful money management and careful planning for your…

Your First Job

Starting your first job is one of life’s most exciting times. While you are enjoying the freedom of financial independence, it is crucial to develop good money management skills to keep you on a solid financial footing. Tax Rates for Basis Year 2020 The Table below presents the tax rates for basis year 2020. https://cfr.gov.mt/en/rates/Pages/TaxRates/Tax-Rates-2020.aspx…