China’s Fintech Development Plan: What is it About?

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Fintech industry continues to grow, consolidate and evolve, causing mutations in the global landscape of countries trying to get on top of the ranking of importance in the field. China has emerged as a key player, not just for Asia but for the world, with a massive ecosystem of financial technology, which includes, for example, the Ant Financial Services Group, Tencent Holdings and, and it has been expanding with a significant growth rate. Increasing market size and general public interest eventually has led to more attention from the government and the Chinese financial institutions, and in August China’s central bank announced a new ambitious three-year development plan for the industry. Continue reading China’s Fintech Development Plan: What is it About?

6 Easy Money Saving Tips

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Saving is a little bit like planting trees. As an old Chinese proverb says, the best time to plant a tree was twenty years ago, the second-best time is now. The same applies to “saving”, if you haven’t started yet, the best thing you can do is to begin just after having finished reading this blog post. Here we have made up a list of six basic tips and suggestions to get you started in the right way.

Continue reading 6 Easy Money Saving Tips

The Pros and Cons of Three Different Types of Employment

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Gone are the days when rushing off to a nine-to-five job was the only way to earn an income. Today there are more opportunities than ever to make sure your bank account is full and that you’re able to pay the bills while saving for today and tomorrow’s goals.

With that said, there’s nothing wrong with traditional full-time work. In fact, there are a lot of benefits to go along with the drawbacks. We’re going to take a look into different employment situations you may find yourself considering and explain the pros and cons before you take the plunge into any of the three. Continue reading The Pros and Cons of Three Different Types of Employment

How Is It Going with the Investments in European Fintech?

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It’s August, it’s still quite hot, and you are probably eating an ice pop on while laying by the swimming pool. That’s cool, we know, we do that as well! But in this time of the year when things are usually a bit slower, it might be a good idea to reflect on what has happened over the past few months. Here we intend to take a look at a report recently released by Finnovating about the state of investment in fintech companies, in Europe, in the second quarter of 2019, to get an idea about how things are evolving for the sector. Continue reading How Is It Going with the Investments in European Fintech?

Most Valuable Fintech Startups in Europe

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The number of investments in the sector of financial technology is continuing to grow at an enormous speed. The same is happening with the valuation of fintech companies operating in this ever-growing business domain. But while it was once possible only for Asian and American firms to reach billion dollars in valuations, it is now becoming more common for companies in Europe, where the ecosystem is now consolidating and playing an increasingly bigger role in financial services. Continue reading Most Valuable Fintech Startups in Europe

Is the Gig Economy Right for You (And How to Make the Most out of It)?

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The relationships between employers and their employees has experienced a major upheaval over the past decade. While it was once common for an employee to step foot into a place of employment and remain there until retirement, today’s workforce is being increasingly drawn into what is known as a “gig-based economy.” Continue reading Is the Gig Economy Right for You (And How to Make the Most out of It)?

Facebook’s Coin: Cheat Sheet

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In the last part of June, the world of fintech was hit by a storm with Facebook, Inc. announcing its own cryptocurrency called Libra. If you follow what’s happening with startups and in the crypto space, you might already know that and, you’ve also probably seen a countless number of articles with the most disparate opinions around it, with experts saying that it would either make cryptocurrencies mainstream, while taking advantage of the huge 2.4 billion users registered on Facebook, or at the opposite – that this might be a bad thing for the development of crypto; that this could prove to be helpful for financial inclusion or again, on the contrary – that this could turn out to be a serious threat for people’s privacy and financial stability, a concern that’s been expressed by different central banks and governments. Continue reading Facebook’s Coin: Cheat Sheet

Renting vs. Buying a Home: When and Why One May Be Better Than the Other

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Most of us have been told that it’s better to buy than to rent a home. Rent money tumbles down a massive black hole while mortgage payments build equity and financial security. Owning a home offers greater stability while renters outside of rent-controlled areas may find themselves forced to pay ever increasing rents—or the increases may eventually force them out of their beloved rental property.

But times have changed. The cost of real estate in major cities has skyrocketed to exorbitant prices. Contrary to popular belief, paying rent is also not akin to “throwing your money away.” Continue reading Renting vs. Buying a Home: When and Why One May Be Better Than the Other

The Top Healthy Everyday Finance Habits of Wealthy People

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One of the greatest misconceptions about the wealthy and elite are that they were all born into it. While many may have been, surprisingly, many have not.

In any event, those who are currently living off of their family’s legacy still have parents, grandparents, great grandparents and beyond who earned that fortune for them, so it’s important to recognize that wealth is accessible to anyone.

The key is to be smart about it. While we can’t promise that you’ll become a millionaire overnight with these healthy finance habits, we can guarantee a steady and gradual return on your hard-earned dollars. Continue reading The Top Healthy Everyday Finance Habits of Wealthy People