Author: Brent Bray

My name is Brent Bray. I am a writer who loves to learn new things and share them with people. Love to write articles, blogs, and other stuff.

Aug72019 by Brent BrayNo Comments

5 Behaviours That Can Threaten Your Financial Security

Finance

Most people think that working a full-time job and earning a regular pay cheque will provide them with enough financial security. Do you believe in the same? If yes, then it is high time that we burst your bubble.As a matter of fact, your pay cheque provides you with temporary financial security. It lasts as long as your job lasts. Moreover, your spending habits have an impact on your financial wellness. For this reason, you need to have an investment plan that is specially curated to fulfill your needs in the future. ULIP plans are one of the best investment choices that you can make. ULIP stands for Unit Linked Insurance Plan – a combination of insurance as well as investment. In a ULIP policy, the investor makes small premiums that partly goes to secure life insurance and the remai...

Jul232019 by Brent BrayNo Comments

The Perfect Mortgage and the Perfect Rules

Business

When interest rates fall, the price of our treasury bills increases, so we realize higher yields and if the yield level remains unchanged and we want to sell our discount treasury bill before maturity, we will realize a time-proportional yield as the discount rate of the discount treasury converges to the face value towards the end of the term.Incidentally, there has been arbitrage in the government securities market for a few weeks, as yields on government bonds with the same maturity are higher than those on discount treasury bills. In quantitative terms, for example, the yield on a discount treasury bill maturing in June 2009 is 12.2%, while that of a government bond maturing at the same time is 13%. So we advise that those who have discount treasury bills should now buy a governmen...

Jul212019 by Brent BrayNo Comments

3 Essential Services That Your Local Financial Advisor Can provide For You.

Finance

When you do manage to save up some extra money, you generally just put it in the bank where it earns almost no interest and this isn’t a wise use of your funds. Money makes money and there are a number of ways that you can invest it without any or very little risk. However, the financial industry can be very confusing and many of us don’t know where to start if we want to invest. This is where a financial advisor comes in and they know the financial industry from back to front.If you have some money tucked away somewhere and you would like to see it grow, then you can find a financial advisor in Gloucester who is more than willing to sit with you and help you figure out the road ahead. They offer a lot of services that may be beneficial to you.He or she can advise on the best m...

Jul112019 by Brent BrayNo Comments

Greater Cover for Health Through Health Insurance Rule Changes in 2019, India

Insurance

The Indian healthcare is taking marvellous leaps in 2019. The regulator is encouraging insurance companies and firms to cover treatment for mental illnesses and for HIV treatment. Apart from such unconventional moves, the government has also come up with its flagship scheme covering 10 crore homes. Government Sponsored Scheme The government officially launched a medical insurance termed as Ayushman Bharat- Pradhan Mantri Jan Arogya Yojana in September 2018. As per this scheme, 10 crore homes below poverty line get an annual health cover of 5 lakhs. All the states of India are yet to approve and sign the memorandum for this scheme to be implemented. Cover for HIV and Mental Illnesses While the regulator has mandated covering mental illnesses, insurers believe it to be complicated proce...

Jul112019 by Brent BrayNo Comments

5 Things To Consider Before Buying A Cancer Insurance Policy

Insurance

The Indian Council of Medical Research (ICMR) predicts more than 17 lakh new cancer cases in India by 2020. The astronomical costs associated with cancer treatment has the potential to derail a family’s finances and wipe out a lifetime of savings. To prevent this, it’s important to opt for a dedicated cancer insurance policy. However, before availing it, there are certain things to consider:Sum insuredBefore buying a cancer insurance plan, it’s essential to consider the sum insured, which is essentially the coverage amount offered by your policy. Depending on the type and stage of cancer, treatment costs can vary and run into several lakhs of rupees. Also, cancer treatment entails pre- and post- hospitalisation care including diagnostic tests and visit to doctors among others. ...

Jul102019 by Brent BrayNo Comments

How To Enjoy Reduced EMIs For A Mortgage Loan

Finance

Do you need money for your son’s overseas education or a grand wedding in the family?Is the need urgent such as medical expenses for your ailing parents?Wondering how to meet your financial contingencies?There’s a simple solution to your problems—a home mortgage loan.Many lenders now offer mortgage loans customised to the needs of salaried and self-employed individuals.But not all of us are experts in this field and often end up paying high equated monthly instalments (EMIs). Therefore, a little bit of knowledge is always beneficial when it comes to applying for aloan.There are ways to reduce the EMI amount for your mortgage loan. Read on to know more.Good credit scoreQuite obviously,lenders prefer borrowers with a good credit history. But how do they differentiate between rel...

Jul82019 by Brent BrayNo Comments

Goods and Service Tax (GST)- Definition, Rate Slabs and Calculation

Taxes

GST has replaced India’s older multi-tax regime, improving tax collection rates and has helped boost public spending on infrastructure and welfare programmes. Here’s how you can boost your GST compliance. For years we had a multi-taxed system in India, which levied different taxes on the same product. However, with the introduction of Good and Services Tax (GST) since July 2017, taxation got much simpler. It replaced the dozens of centre and state-levied taxes such as Value Added Tax (VAT), service tax, sales tax, entertainment tax, excise duty, custom duty etc. In this article, we’ve tried to explain the concept of GST in detail and how it will affect the taxing of various products. What is the GST? The Goods and Services Tax (GST) is a comprehensive tax levied on manufacture, sales, and ...

Jul82019 by Brent BrayNo Comments

Which are the best Investment Schemes available in India?

Investment

A fixed deposit scheme is the best option to save and preserve a part of your savings and to get consistent returns on it in the longer run. The fixed deposit will offer a uniform flow of interest that is more reliable than mutual funds or equity investments as it is unaffected by the fluctuating market performance. However, before investing in fixed deposit with any bank or financial company, a person should consider certain points that are significant for making an informed decision. Any investor opting for fixed deposits should consider the following points before investing:Finding the right financial organization and service is a must for any investors who are opting for term deposit. Check out different banks and NBFCs for fixed deposit policies for the investors. Some financia...

Jun252019 by Brent BrayNo Comments

Buying Trucking Insurance? Here’s What To Look For

Insurance

Whether you are already an owner-operator or you are thinking of buying your own truck to travel with, you need to look over the necessary documents before you hit the road. Hard as it may be, it’s vital that you become a sponge with the information relating to trucking insurance. If you are looking to buy trucking insurance, you should consider different criteria. It’s your responsibility to make sure that the company you go with will be able to provide you with everything that you might need down the line. Let’s take a look at the most important things to take note of. What do they specialize in? Any vehicle insurance provider can present you with a quote for trucking insurance. However, you might not get the same benefits as you would from a company that specializes in that particula...

Jun242019 by Brent BrayNo Comments

What Is A Top Up Loan And What Are Its Benefits?

Loans

With the process of availing loans becoming easier, today an individual can address their financial needs without any hassle. Leading financial institutions provide borrower-friendly loan options to help ease the repayment procedure. Home loan balance transfers, top-up loans, etc. are an example of such features.Top-up loans are advances offered over and above an existing home loan amount to borrowers. They provide home buyers with the vital financial assistance to comprehensively complete their new home purchase and meet all associated monetary requirements. These loans come with no end-use restrictions like the unsecured personal loans.Generally, personal loans come with a much higher rate of interest and put a lot of strain on the finances over time. Opting for top-up loans can ...