Friendship with finances

Hello! You are on the Friendship with finances channel, thanks for reading me! Every positive and kind comment warms my soul! The article is subjective and expresses the personal opinion of the author. Bank card - a standard size plastic card on which information is stored in electronic form about the bank account of the card holder. The data of this card allows its holder to directly manage their non-cash money in a bank account: instantly pay for purchases, receive cash using an ATM, transfer money, open deposits, receive statements of account balance...

Hello! You are on the Friendship with finances channel, thanks for reading me! Every positive and kind comment warms my soul! The article is subjective and expresses the personal opinion of the author. When obtaining a loan, you may encounter three types of expenses associated with obtaining it: 1) commissions; 2) insurance premiums; 3) interest on the use of credit. In accordance with the law and the decision of the Supreme Court of the Russian Federation, a bank can only charge you commissions...

Hello! You are on the Friendship with finances channel, thanks for reading me! Every positive and kind comment warms my soul! The article is subjective and expresses the personal opinion of the author. Banks are very carefully studying the goals for which you are going to raise a loan, since it depends on what interest you pay and what documents will be required of you when applying for it. Consider the most common types of loans that you may encounter in the future: consumer, car loans, mortgages, as well as loans provided to a credit card holder...

Hello! You are on the Friendship with finances channel, thanks for reading me! Every positive and kind comment warms my soul! The article is subjective and expresses the personal opinion of the author. Credit consumer cooperative an organization that involves the membership of its borrowers. as in a bank, some citizens in the cooperative carry their savings, while others receive loans in it. However, a key feature to keep in mind: those who carry the money and those who borrow the money from the cooperative are united by the fact that they are members of this cooperative...

Hello! You are on the Friendship with finances channel, thanks for reading me! Every positive and kind comment warms my soul! The article is subjective and expresses the personal opinion of the author. At any moment in your life, a situation may arise when you need money, but they will not be at hand. This situation is possible for a number of reasons: you need to buy a washing machine, TV, car or apartment. All these things are quite expensive, and you have to either save for them, or contact a financial and credit institution and get a loan to buy them...

Hello! You are on the Friendship with finances channel, thanks for reading me! Every positive and kind comment warms my soul! The article is subjective and expresses the personal opinion of the author. The third way to invest is buying precious metal coins. Today, 2 types of precious coins can be distinguished - collection and investment. Collection coins are coins issued by the Central Bank of Russia on certain anniversary dates. such coins possess not only material, but also artistic value. The...

Hello! You are on the Friendship with finances channel, thanks for reading me! Every positive and kind comment warms my soul! The article is subjective and expresses the personal opinion of the author. In the text of the previous lesson, we examined an example with a gift of a sum of money for a birthday. As you remember, there it was necessary to direct 18 thousand rubles for savings. Let's determine which of the methods of saving in precious metals will be the best in terms of taxation and subsequent preservation...

Hello! You are on the Friendship with finances channel, thanks for reading me! Every positive and kind comment warms my soul! The article is subjective and expresses the personal opinion of the author. The way interest is accrued also has its own peculiarities. The main question that needs to be answered before calculating the amount of expected interest on the deposit: is the capitalization of interest provided for by the conditions of the deposit? In other words, will the accrued interest be...

Hello! You are on the Friendship with finances channel, thanks for reading me! Every positive and kind comment warms my soul! The article is subjective and expresses the personal opinion of the author. One of the key parameters is the term of the deposit. As already noted, the money put on deposit is provided to the bank only for a certain period, after which it is obliged to return it. The two main types of deposits that banks offer their customers are demand deposits and term deposits. Demand deposits - deposits of a special type...

Hello! You are on the Free Opinion channel, thanks for reading me! Every positive and kind comment warms my soul! The article is subjective and expresses the personal opinion of the author. Now let's talk about the reliability of a bank deposit. Of all financial assets, with the exception of cash, a bank deposit has the lowest level of risk. There are several reasons for this. First, as previously mentioned, the activities of commercial banks are tightly regulated by the Central Bank, as a result of which the probability of financial risks is significantly reduced...

Hello! You are on the Free Opinion channel, thanks for reading me! Every positive and kind comment warms my soul! The article is subjective and expresses the personal opinion of the author. 3. The return on the financial asset. Each financial asset is able (but usually not guaranteed) to bring you a certain level of income, and only cash not only does not bring it, but on the contrary, it often loses its purchasing power over time. The owner of a financial asset can receive income in the form of...

Hello! You are on the Free Opinion channel, thanks for reading me! Every positive and kind comment warms my soul! The article is subjective and expresses the personal opinion of the author. In the future, you will have your own incomes and you will have a question about the possibility and necessity of generating savings. We have already discussed the motives for generating savings in the last lesson. Let's analyze them in more detail. Any of us can get into many unforeseen situations when money may be urgently needed: illness, job loss, accident, urgent need for car repair, etc...