You are allowed to pay for credit-card purchases in two ways: full payment within a grace period of about a month, for which there is no interest fee or extended payments over a number of months, for which there are interest fees and charges. In many cases there is also an annual fee charged for…
Losing your job is stressful and places a strain on your personal finances. Even if you have received compensation from a redundancy payment, losing your job can impact your ability to keep up with your financial obligations. Having a plan in place will make a difference on your financial and emotional well-being. The very first…
Whether you are in your young adulthood ranging in age from late teens / early twenties up to mid-thirties, in your adulthood from thirty-five years of age up to pre-retirement stage, whether you are working as an employee or a self-employed / self-occupied person, it is never too early nor too late to plan for…
After some solid thought you have decided to invest in a Personal Pension Plan. A number of financial services providers offer Personal Pension Plans. We at ĠEMMA strongly suggest that you shop around before you make a decision. We ask you that, as a minimum, you should take following matters into account: Ask for the…
Loans are an effective financial tool that helps you achieve your goals. Nevertheless, loans must be used wisely. If you are thinking about borrowing money, consider your options carefully. Types of loans There are two type of loans. The first type is a Secured Loan. A secured loan is when you offer a security in…
Debit cards Debit cards offer the convenience of a credit but work in a different way. Debit cards draw money directly from your checking account when you make the purchase. They do this by placing a hold on the amount of the purchase. Then the merchant sends in the transaction to their bank and it…
