When was the last time you participated in a loyalty program that actually benefited you? Although there are a lot of such programs that deal with reward points and benefits for returning users, the actual benefits remain closer to naught. Some have hidden fees while others have a long list of unfathomable terms and conditions that borderline attempt to cheat the users. Together, these things make such reward programs unusable.

And that is exactly where Dhani Points, a reward points system by Indiabulls Dhani, stands apart. It is a one-of-its-kind reward program by Indiabulls that allows users to reap benefits off their daily financial transactions. It’s a fantastic program for anyone who wants a one-stop personal finance app for all their money movements and use the same app to earn points in return for their loyalty.

Let’s take a close look at Dhani Points and its features.

What are Dhani Points?

Dhani Points are reward points that get credited to your Dhani app after you execute each transaction through the app. This can be a small payment as part of your electricity bill or a flight booking for your vacation plan. But the biggest point-scoring action is personal loan repayment where you convert your earned Dhani Points into real money after each timely payment of the EMIs. The points are converted to equal amount of real cash only if the EMIs are paid on time.

Dhani Points system is available to anyone who uses the Indiabulls Dhani app for a variety of purposes. Although best known for instant personal loans and other credit services, Dhani is capable as a one-stop solution for any imaginable financial activity.

How to Earn Dhani Points?

Once you start using the app, you can immediately start earning Dhani Points through the following actions. You should note that 1 Dhani point is equal to 1 Indian rupee.

• Refer a friend and earn
• Billy payments and recharges
• Flight and other travel booking
• ‘Spin the Wheel’ in-app game

For example, take the case of Mahesh from Raipur who has to pay an EMI of INR 10,000 against his personal loan that he took from the Dhani app. Every month, he executes his usual financial transactions in addition to the daily gaming. By the end of the month, he ends up earning a good amount of Dhani Points which he can redeem through the wallet. Without doing anything else and just using the Dhani app, Mahesh is able to make his EMIs cheaper month after month.

Other ways to redeem Dhani Points are:

• Travel booking
• Utility bill payments and recharges

All in all, the Dhani app is a great resource for anyone looking to get rid of multiple apps from their smartphone. Just one app and you have a way for everything – from instant personal loans to bill payments to credit line to a wallet feature. What more do you need?

If you’re interested in discovering new investment platforms, in order to further diversify your investment portfolio and to decrease your risk, you may be interested in investing with Lear Capital for the first time. To discover why it’s currently one of the best financial platforms to invest with, simply continue reading to discover some of the many benefits of choosing to invest with Lear Capital.

Lear Capital offers one of the most lucrative asset classes to invest in, precious metals. So if you’re sold on the merits of adding precious metals, such as gold and silver, to your investment portfolio, it’s well worth checking out Lear Capital’s wide variety of gold and silver products. Some examples of which include gold and silver bullion of various sizes and more affordable silver and gold coins.

Why are precious metals one of the most desirable asset classes to invest in? Many of the world’s richest men and women have chosen to invest in silver and gold, as both resources are severely underrated and are well worth purchasing, while they’re still cheap. Especially as many investors and financial experts believe that it’s just a matter of time before the stock market crashes and sends the world into the next international recession.

Lear Capital are a well established financial company:

How long has Lear Capital been in business? You may be surprised to learn that Lear Capital has been serving their satisfied customers for over 20 years and were first established in 1997. So if you want to purchase your gold and silver products, from a reputable company who you can trust, it’s well worth choosing to purchase your precious metals from Lear Capital. As if there were a less than reputable business, they would not be in business after 20 years.

Lear Capital have processed over 3 billion US dollars of transactions:

Lear Capital have a proven track record and have processed over 3 billion US dollars of transactions for their clients. Many of whom are repeat clients and have been investing with Lear Capital for well over a decade. Which is proof that individuals around the world trust in Lear Capital to safely and securely purchase gold and silver products online.

You can employ the professional services of an account specialist:

If you’d appreciate professional assistance when it comes to building a precious metals portfolio, if you’re willing to invest a reasonable some of money with Lear Capital, you’ll be able to ask for the services of an account specialist. Whose job it will be to help you wisely invest your capital into lucrative, valuable forms of silver and gold.

You can purchase a rare gold and silver products:

As well as being able to purchase standard silver and gold products such as silver eagles and gold Canadian maple leaves, you’ll also be able to purchase rarer, collectible gold and silver products.

So if you’re ready to start investing in precious metals with a reputable platform, it’s well worth electing to deal with Lear Capital. Especially if you want to invest a large sum of money into precious metals.

 

You’re tempted to open your red envelope and claim your generous holiday bonus before December ends. And considering that it’s the Christmas season, it does make sense on the surface. But taking that holiday bonus before 2020 rolls around may be one of the worst financial moves you can make, according to the latest tax audit reviews. Let’s take a look at why.

Although you might be tempted to grab hold of that extra bonus cash at the end of the year, it may make more sense to delay the receipt of your bonus until January. Why? Because if you get a nice windfall at the end of a tax year, this sweet treat may come back to bite you at tax time. That’s because that extra money could you push you to a whole new tax bracket, which means that Uncle Sam will take more of your money when you file your tax return.

Note that in some situations, receiving a bonus in December will have no impact on your tax bracket for that year. A tax professional can advise you on whether taking your bonus around Christmas time will have an adverse impact on you tax wise. If so, deferring a holiday bonus would likely be a wise move for you.

Also, keep in mind that some employers will force you to take your year-end bonus at the end of the year. In other words, you don’t have the option of waiting for your bonus. However, other companies do give you some control in this area, in which case you should ask your employer to grant you your bonus in January rather than in December.

 

It can be easy to fall behind in your bills for one reason or another. Money could be tight from medical expenses, the holidays, or a loss of income. There are those people that look at the homeless and wonder how in the world they let themselves get into such a predicament. However, if you are wise enough, you realize that could really be any one of us if we were hit with some bad circumstances here and there.

If you are having a tough time staying on budget, here are a few tips to staying on track month after month without racking up the debt.

Get Ahead in Your Payments When Possible

Is it better to have those couple of hundreds of dollars sitting in the bank or putting it to use by getting ahead of loan payments every month? If you make just one extra payment a year on a 30-year mortgage loan, you can knock seven years off the life of the loan. Getting that 30-year mortgage down to 23 years is a huge difference when planning your future.

Furthermore, if you are able to get ahead of your payments here and there, when you are short on funds for a month, you don’t have to worry as you will still be ahead in the long run. So instead of splurging on items you don’t need when you have those few extra dollars coming in, put them to good use and start paying off things early.

Part-Time Job

If you are not able to live off of just one source of income, you always have the option of getting a part-time job on the side. It may not be something that you are looking forward to, but it is better than going into debt. At some point, you will probably be able to drop that part-time job once your finances are doing better.

Make Budget Cuts

If you are struggling to pay off your bills, you can always make budget cuts. This may mean getting rid of your cable television and staying in to eat instead of going out, but when you are hit with hard times, you have to adjust.

There Is Another Option

Sometimes getting a loan is the perfect option. For instance, there are consolidating loans that can lessen the amount of interest you are currently paying every month. You could sign up for a Montreal loan and see what they have to offer in terms of interest and loan amounts.

 

Now is apparently not a good time to be in the auto industry, at least as a major manufacturer. CNN Business reports that global car sales plunged another 4% in 2019. Similar losses were observed the year before. It would appear as though auto sales peaked in 2017 at 95.2 million units. Selling nearly 5 million fewer cars just two years later doesn’t bode well for the industry.

The question that no one seems to be asking is this: could car makers be their own worst enemies? More to the point, could their business models be the reason car sales are slumping? The possibility bears consideration.

Possible Causes

The same CNN report that detailed slumping car sales offered a number of possible causes. First is a slowdown in China’s economic growth. As the thinking goes, Chinese consumers are not buying as many cars because their economy has slowed down.

Another potential culprit is a reduction in government incentives for buying electric vehicles. That makes sense to a certain degree. Due to the high retail price of most electrics, consumers are not likely to buy them without the financial incentive to do so. It simply costs too much money to avoid the internal combustion engine.

Next up is a credit crunch being observed in India. The thinking there is that India’s economy will continue to contract as long as credit remains tight. Just like what happened here in the U.S. during the last few years of the previous decade, economic contraction tends to put the damper on big-ticket items.

All three possible reasons do have some merit. Yet they can hardly account for all of the trouble the auto industry has experienced over the last decade or so. So let’s dig a little deeper by addressing a key phrase in the CNN piece: peak car.

A Finite Market

This CNN piece briefly mentioned, in passing, the possibility that the global economy has reached “peak car.” It is a point that deserves more than a single sentence. In fact, it might very well be the answer to the entire question.

The reality is that the car market is a finite market. The world can only support so many cars among those people with the resources to purchase them and the ability to drive them. While some people plan for buying a new car and others just buy one when they need it, the fact remains that the number of potential buyers is finite.

Car manufacturers have spent the better part of the last several decades building cars that can easily last for 20 years. That is not the way it used to be. It used to be that a decent car would peak at about 100,000 miles or 8 to 10 years of driving. Today’s cars can easily go 20 years and 200,000 miles.

Simple math tells you that cars lasting twice as long reduce the need to purchase new cars. Combine that with the auto industry standard of building as many cars as humanly possible and you have a situation in which the market eventually becomes saturated. That may be where we are today.

Most durable goods are subject to limited markets and market saturation. Marine and aerospace manufacturers, for example, know there is only a finite audience for custom yachts and personal jets. They temper their production accordingly. In the auto industry, production has been running flat-out for as long as any of us can remember. Perhaps it’s time to scale back in the knowledge that their cars now last longer than ever before.

Even if you haven’t applied for a home loan, you will have undoubtedly heard the term “interest rate.” Interest affects loan repayments, but it can also help us make more money. So, what is interest? How is it calculated, and how does it change from product to product? Read on, dear friend as we dive into the wild world of interest.

What is interest?

Interest is the cost of borrowing someone else’s money. When you borrow money for a home loan, the interest you pay is the cost of borrowing the lender’s money and covering the risks that are incurred by borrowing such sums of money. Conversely, if you were to lend money, say by depositing funds in a term deposit account, you will gain interest on your money lent.

I call the shots.

Interest rates are primarily calculated off the cash rate set by the Reserve Bank of Australia (let us call them the RBA from now on). The RBA sets an official cash rate based on market activity and the supply and demand of exchange settlements. A deep understanding of this system requires a university degree, but for all intents and purposes, if the cash rate is low, so are interest rates.

Interest rates are calculated daily, but the rise and fall usually follows a slow pattern and aren’t usually much different from day to day.

What does all this mean for me?

When you apply for a home loan, much attention is focussed on the interest rates and with good reason. The lower the interest rates, the lower your mortgage repayments will be. When taking out any sort of loan, the money you borrow is subject to interest. Several factors determine the exact rate of interest that you pay.

As we have already discussed, the RBA sets a cash rate, which sets interest rates. Your exact rate of repayment is based on this cash rate, as well as the amount borrowed and for how long. Usually, a home loan attracts a relatively low-interest rate as you are paying back the amount borrowed over a long period.

History.

Every time you borrow money, whether it’s a small Afterpay loan or a hefty personal loan for a shiny new car, your lender can choose to report your interaction with them to a credit agency who will give you a “credit score.” If you successfully pay off the loan without any problems, your credit score goes up, inversely, if you fail to make payment or default on a loan, your credit history goes down.

When applying for a loan, your credit score and history are evaluated by the lender to determine how risky you are to lend money too. This risk or lack of has a big input in your repayment interest rates.

Some ways to reduce interest.

A high-interest rate is good if you are investing money but not so much when it’s applied to your mortgage repayments. Being debt-free with a good credit history is the best way to lower interest rates, followed closely by a solid history of savings and long term employment. The more reliable your personal situation, the less risky you are as a borrower, and the less interest you will attract.

Interest is all around us, from Afterpay to home loans. Having a surface knowledge of what interest is and how it affects you can save you a small fortune in repayment fees. Being consistent, responsible, and diligent will reduce your interest rates and make everything easier in the long run. Saving money, getting better value products and services all because of interest rates? Sounds pretty interesting to me.

 

Financial technology, or fintech, is perhaps the perfect example of the modern economy’s brilliant ability to respond to the needs of consumers. Nothing has proven quite as convenient as modern fintech developments like the banking apps or services offering investment-on-the-go. So it’s no surprise to learn that this field is a huge employer, and that revenue in the industry is growing and growing. This blog post will explore some of the history of fintech, and will begin to look at exactly why it is the case that this sector has grown so much in recent years.

Making life convenient

On the whole, most people are content to go through life without taking full control of their finances. Aside from perhaps a pension pot and an owner-occupied home, many people don’t want to get involved in the hassle of savings and investments. It may be perceived as too complex, for example, or it could be seen as risky – especially if the means of monitoring or accessing the investment is clunky and requires something like a snail mail letter!

But fintech services have changed that. It’s now possible for individuals to save and invest in almost real time. The rise in investment apps such as Moneybox, which allows users to set their preferred risk level and then go ahead and invest with just a few taps of a screen, have revolutionised the way in which investments are managed. And while services in this field can sometimes be more expensive than a more complex yet more traditional investment offer, many people are willing to pay for the convenience of having accessible and easy to understand investment management tools at their fingertips.

Payment processing

But fintech’s phenomenal growth is not just limited to the investment sector. On the contrary, it’s now also the case that more simple financial transactions – such as basic consumer payments – are easier to execute thanks to technology. Mobile banking apps are a prime example of this: it’s now easier than ever to check whether or not a Direct Debit has been paid, and this has led to users being more in control of their finances – at least for the most part.

It’s difficult to remember the previous iteration of consumer payments technology, but in the relatively recent past many users were reliant on calling their bank or heading down to an ATM for a printed slip if they wanted to find out how much balance they had left or whether or not a payment had been made. Otherwise, it was normal to have to wait weeks for a monthly statement to arrive.

The world of crypto

No discussion of financial technology would be complete without looking at cryptocurrency. In some ways, cryptocurrency is almost in a category of its own. It has fast become one of the most compelling asset classes out there, and despite its tendency to move up and down quickly in price, it still works for many. The relationship between crypto and fintech is an interesting one given just how two-way it is. Firstly, fintech has impacted crypto, with investors in the crypto sphere now able use software tools including Crypto Group to enhance their portfolios, which is an improvement even on a few years ago when crypto was first popular and such a thing as a trading robot was hard to find.

But crypto has also impacted fintech, with many classic banking and finance functions now much faster as a result of blockchain technology. Anyone who works in the complex but interesting field of money transfer, for example, will have come across services such as Ripple – a blockchain tool which improves the liquidity of a bank or other financial institution and allows it to process payments in phenomenally short periods of time, perhaps as low as five seconds or so. With an increasing number of banks and payment organisations now signing up to Ripple and other services, the chances are high that this example of great fintech is going to grow in popularity.

Fintech is something of a buzzword in the modern age – but with good reason. Financial technology has proven itself time and time again to be a durable sector, something that has the power to the change the habits of consumers and investors who use it. From apps to websites and everything in between, it’s no surprise that fintech services of all varieties have really taken off.

 

The popularity of online casinos and sport betting, specially for football, in recent times is remarkable. They are becoming more and more attractive for people who prefer to enjoy their favorite game from home through their computer screen.

Besides the convenience, their fame is due to the varied offer of games, attractive incentives, security and reliability, privacy and anonymity offered by this new option, among others. The sum of all this has allowed its growth to be accelerated.

There are different payment method options with particularities that fit the profile of each user. According to Casino Pilot, if you want to have a good time making small and sporadic bets, casinos accepting Interac for deposits, payments with Bitcoin, Paypal or Skrill are a good option.

If you want to make bigger bets, other options are considered. It’s important to note that payment methods are important for gambling operators to be considered safe, along with the privacy of user information and offering an updated encryption system that guarantees their security. Below are some of the options:

Electronic purses

They are fast and secure payment methods. The user’s information will remain intact and completely hidden from the online casino in which they are playing.

-Paypal: is a free system that allows users to make payments and transfers via the Internet without sharing financial information with the recipient.

-Skrill (Moneybookers): is an electronic wallet that offers a wide range of online financial services. The service is free, the process takes five minutes and you only need a valid email address to sign up.

-Neteller: These are cards with online payments where users can use the established amounts in up to 26 different currencies such as the Euro, the US dollar, the Brazilian real, the Swiss franc or the Mexican peso.

-Bitcoin: is a virtual currency. Bitcoin allows you to transfer money online without revealing your identity.

Most common

-Bank transfer: It consists of transferring money from one account to another. However, the disadvantage of this type of transaction is that it takes three to four working days.

-Electronic transfers: using the credit card, the player can also make bank transfers.

-Bank Cards: this is the most frequent method of payment due to its speed, simplicity and security. The types of bank cards most used and accepted by online casinos are Visa, MasterCard, Visa Electron and American Express.

Currencies and stocks are not the only options available in the finance market. In today’s Nigeria, individuals can gain profit by selling and buying indices. The Dow Jones (DJIA), DAX 30, FTSE 100 and the like may be traded through Alpari international. Here is the way to begin Alpari indices trading Nigeria for which a reliable broker with decades of experience is necessary.

CFDs and How They Work

The very concept is linked to CFDs or contracts for difference. This finance tool is somewhat similar to Forex trading provided by the broker. In both cases, the market is accessed through the advanced dedicated platform called MetaTrader. All the operations take place electronically, without a physical central exchange.

Like with currency exchange rates, the profit is made without actual physical assets being purchased. In case of CFDs (e.g., on the FTSE 100), the speculation is purely price-based, with no actual ownership.

The Indices Traded

A separate stock index denotes how much a set of stocks from a certain country is worth. It gives information about its past and present performance. Indices help experts assess the situation on the markets involved.

The indices may be grouped by country (e.g., DAX 30 from Germany), group (e.g., the American S&P 500), sector (e.g., NASDAQ representing tech sector stocks). As the price of a separate index moves, so does its value. With a higher price, comes a boost in value of the included stocks. Importantly, this refers to their average only.

Distinguishing Features of CFDs

Aside from the indices, this method is also present in the realms of energy and metals. The scheme provides a choice between contracts in different currencies and with different increment values. It is vital to understand, however, that the activity does not involve deals on any actual stock index. The profit is derived from the related CFD, rather than the index itself.

Through one CFD, you can benefit from price fluctuations of separate included stocks. Both volume and price volatility are stable. Hence, the scheme is also less risky than acquisition and sales of individual stocks. As the instrument may be traded on leverage (or margin), opening a trade is possible with even a fraction of your capital.

In the process, you may choose between short-term and long-term gains, adjusting positions accordingly. There are long-term, intra-day, and swing strategies. Short positions entail less risk in comparison with individual stocks. Finally, there are less time constraints, as the trading hours are long.

All you need to do is enter the desired position and close it as you see fit. This may be done through stop loss and take profit values, as well as exiting the market. Unlike options traders, you need not worry about expiry dates and other factors complicating the matters.

Learning the Trade

The values affecting the outcome of CFD trading depend on such trends as demand for the related commodity or shifts within the business sector. However, experts agree that learning is less complicated than training to use options or futures.

There is an abundance of online courses available for free download. Brokers like Alpari supply clients with a wealth of educational material. Hence, it should not be daunting.

The software provided by this officially licensed broker (MT 4 and 5) is considered the most efficient platform for the purpose. CFD traders should consider enhancing it even further with specialized plugins to expand the scope of available operations.

There are many tips and gambling advice you can follow, but some are very important to keep in mind. You certainly want to maximize your chances of winning, so following basic tips is essential. If you are disciplined and keep in mind the following advice, then you can stretch your money and get the wanted rewards. Let’s go over each and every gambling advice you should remember.

• The first advice is to take advantage of no deposit bonuses offered by the casino. With these bonuses you can get acquainted with the games and see how it feels to play in the casino. It also gives you chance to win profits without investing, so why not take advantage of that?
• Next advice is to learn the rules of the popular casino games that you want to play. Playing will be a lot more fun and misunderstandings will be avoided if you know the game rules before you start playing. Table games and card games have all different rules that you must follow, so learn as much as you can. If you know the rules then you can focus on playing those games you believe you have highest chances to win.
• Set a strict bankroll for playing and do not chase losses. This advice is very important to follow if you want to have fun. In case you lose your bankroll the best thing to do is to stop for the day and come back next time when you have more funds to play. Chasing losses is never a wise idea because that way you risk dropping into a bigger hole. Plan everything in advance and stop when you do not feel very lucky.
• Knowing when to quit is another important thing to follow. Plan how long you want to play and simply stop when the time for playing has expired. It is very easy to get carried away when gambling, so plan ahead. For example, set time to two hours of play and walk away after that. It does not matter whether you are on hot streak and are winning. Just stop for the day to refresh.
• Finally, remember that gambling is all about entertainment and you should not see it as an activity or source for making steady profits. If you make money then great, but do not beat yourself up if you lose. Have fun and enjoy the atmosphere.

These were some basic gambling advice that should help you when you choose to gamble. If you follow them you are guaranteed having a good time when you join-in a casino. Your gambling bankroll will last longer and you will also improve your chances of becoming a winning player. As your gambling experience grows, you will become more comfortable playing in a casino. Then you can proceed towards learning more advanced gambling tips and strategies. Until then – enjoy your casino experience and keep these advices in mind when you log in to play in your favorite casino.