5 Reasons You Should Buy Term Insurance Even at 50

What is Term Insurance?

Term insurance is a handy form of life insurance. It protects you and your family from a number of eventualities, including disability and death. Term insurance plans are usually bought early on in life. However, if you are in your 50s and still have many responsibilities to fulfil, a term plan may be well-suited for you.

Reasons Why You Need Term Insurance in Your 50s

Different circumstances may have led to you starting a family later on in life. If, due to that, you have young children or are still repaying your loans, you may consider getting one of the term insurances plans after you turn 50. Use a term plan premium calculator to see what your insurance liability will be so that you can budget your expenses easily.

Given below are some of the reasons why you need to opt for term insurance even at …

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Essential Reading Before Buying a Blue Sapphire

For plebeians and veterans in the knowledge of gemstones alike, Blue Sapphire is a sufficiently familiar name. It is not only the most prominent category of Sapphire, but one of the most popular variety of gemstones in general. Owing to its eye-catching beauty and bounty of astrological benefits, it is pretty obvious that many would want to purchase and wear a blue sapphire. But before you go that far, there are some important factors to acquaint yourself with.

Blue Sapphire, like any other category of Sapphire, falls in the Corundum family of minerals that characterises its crystalline structures. The stone is not exactly rare when compared to other Corundum gemstones like Ruby, but that does not stop it from being considered as extremely precious and valuable. Most of it arguably has to do with the gemstone’s immense and unarguable beauty. In fact, it is the aesthetic aspect of Blue Sapphire …

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Maximise your Budget

My financial budget plan in the future changes from time to time. During my 20’s I budgeted my income and work hours so I can retire at 40. But now I’m on my 30’s I think I will still work until on my 50’s or even after 60s. Because of the economic situation and financial constraints plus the on-going 2-year covid pandemic that we are facing right now.

Maximising your budget is like playing chess, in which you need to do everything to win in a strategic way against all odds. But sometimes because of the lack of discipline and education one’s plan and budget may be altered or may gone with the wind.

So why you need to consolidated all your debt? For me you need to calculate your asset and liabilities. Wether it’s a great asset, good debt or a bad debt. It’s still part of your …

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Bitcoin cash vs. bitcoin, what are the differences

Despite their names, Bitcoin Cash, Bitcoin Gold, Bitcoin Diamond, Bitcoin Private, and others are not the same as Bitcoin. They are based on Bitcoin and are based on its name, but they are different things. Here’s how to find out what Bitcoin is.

Cryptocurrencies have become increasingly valued by traders, with Bitcoin (BTCUSD), Bitcoin Cash (BCHUSD), Ethereum (ETHUSD, Litecoin (LTCUSD), and Ripple (XRPUSD) in particular. The market share of Norske-Anmeldelser suggests that this new type of currency will play an increasingly important role in our daily lives and in the way the world works in the long run.

Bitcoin Cash Vs. Bitcoin

Bitcoin is a decentralized cryptocurrency based on open source code. Anyone can download the code, modify it and launch their version. This is exactly how these other coins were created. No wonder we are in the bitcoin era.

To be able to explain exactly what Bitcoin Cash …

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5 Things You Need to Know About Personal Financial Planning

When finances are not being properly managed, an individual tends to fall into debt. And looking to debt as the only alternative to save you from financial doom is the beginning of the end in terms of financial buoyancy. That is why there is a need for proper personal financial planning.

Personal financial planning ensures that you put your income to good use so that you would be able to meet both long and short-term goals which you have outlined for yourself. Careful planning also ensures that all aspects of your finances are put in order and thus, making it easy to know where and what amount of cash is going into a particular place.

Because of this, we have put together 5 things you should take note of about personal financial planning. These are highlighted below.

Strategic planning with budgets

1. Budgeting 

Budgeting simply implies distributing your finance on several aspects of your …

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Tips for a Successful Business When Trading Stocks

In the past, many traders reported getting into significant losses due to insider trading. Insider trading is the illegal trading on the stock exchange market to one’s own advantage after having access to confidential information about the same trade.

Before it came to the limelight and the government laid strong principles against it, many companies used insider trading to benefit. Insider trading, by all means, is a breach of fiduciary duty since the company trades the stock knowing very well that people out there will bear a lot of losses to their advantage. Companies should therefore ensure that they do something to stop the insider buying stocks.

How can companies avoid insider trading?

1. Restrict any risks in the trade

In most cases, confidential information is accessible to employees, the board, or the people who spend most of the time in your company. These are the same people who …

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Stock Investors Portfolio: Tips on How to Make It Grow

Investing in stocks is one of the best high-return investments when done right. While investing in stocks, some rules must be followed to avoid stressful and complicated situations with your investments. Stock investment is one of the best ways of generating wealth, and your stock investment portfolio is a great tool to maintain good returns.

Investment Portfolio

An investment portfolio is critical in determining the success of your entrepreneurship. Having a successful portfolio is not an easy thing to accomplish. Deciding to invest in a stock like TSE ACB is crucial for your portfolio. There are rules that all investors must follow to avoid failures or low returns for their investments. Here are a few ways to grow your portfolio as a stock investor.

TSE ACB

Set Clear Objectives

An investor must know what they are investing in and what to expect of their investment dollars. Aimless investment is a recipe for …

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How to Check your SBI Bank Credit Card Application Status

The State Bank of India (SBI) is the largest lender and one of the most trusted banking institutions in our country. It maintains its stellar reputation across the sector as it also offers an array of exclusive credit cards that provide great discounts on traveling, dining, shopping, and more.

The public sector bank has tie-ups with other PSU’S to offer exclusive discounts on products such as fuel and railway tickets. The IRCTC RuPay SBI Credit Card available on Finserv MARKETS entitles you to receive up to a 10% value back on train tickets purchased from IRCTC. Similarly, the BPCL SBI Credit Card available on Finserv MARKETS entitles you to receive up to a 4.25% value back on fuel purchases made at BPCL petrol pumps.

To apply for an SBI credit card, you can head over to a dedicated financial marketplace such as Finserv MARKETS, to browse through the list of …

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Why cancelling SIP within a short term is a bad idea

As defined by Investopedia, “A systematic investment plan (SIP) is a plan where investors make regular, equal payments into a mutual fund, trading account, or retirement account.” Simply put, it is a strategy of investment where investors regularly invest the same amount of money in a specific mutual fund, trading account, or retirement account over a specified duration of time.

The primary reason why investors seek SIPs is to participate in the stock markets without playing an active role in them. In that manner, SIPs go a long way in simplifying the entire process for investors and enabling them to benefit from a passive position. SIPs also tend to provide a strategy of investment that plays to be beneficial in more situations than not.

SIP calculator

To do that, SIPs have to be carried out across a long-term timeframe. The reason SIPs work in most situations is because investors play it smart …

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How your business can survive in a competitive environment

Starting a business is a major step that people take to solve a problem and/or generate money is by starting a business. Starting a business today is, however, not too easy as chances are that you are likely to have a lot of competition from other businesses in your niche. Hence, getting customers, which is very important for your business could be a challenge. This article will discuss some of the ways that your business can survive in a competitive environment.

Market your business

One of the best ways to survive in a competitive business environment is to market your products. Marketing your products is the best way to intimate prospective customers about your products. Your marketing strategies should let your customer know about your company name, your products, the uses of your different products and why they should buy your products. It should also mean that your products should …

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