Offering advice and tips on managing personal finances, including budgeting, saving, investing, and retirement planning.
The completion of the Bingiriya Investment Zone is projected to generate $2.6 billion in export income and create 75,000 job opportunities, stated President Ranil Wickremesinghe during the inauguration ceremony of the second and third phases of the Export Processing Zone in Bingiriya. He emphasized ongoing efforts to establish new investment zones to further bolster the
Hayleys Solar, the renewable energy division of Hayleys Fentons Ltd., has collaborated with the Bank of Ceylon (BOC) to promote the adoption of green energy practices nationwide. This partnership aims to offer low-interest loans to residential and commercial customers, encouraging them to transition towards renewable energy solutions. The financial schemes provide competitive rates with a
Sri Lanka Insurance (SLIC) capped off a successful year in 2023, demonstrating resilience and strong financial performance despite facing internal changes and challenging economic conditions. The company achieved a pre-tax profit of Rs. 10.6 billion, reflecting a significant 7.2% growth in Gross Written Premium (GWP) to Rs. 44.2 billion. SLIC’s commitment to policyholders remained unwavering
Your teen’s buzzing with excitement – their first job is on the horizon! This is a momentous occasion, a chance for them to build valuable skills, gain independence, and maybe even buy that coveted pair of sneakers with their own cash. But before they dive headfirst into the working world, let’s equip them for success!
Do you dream of financial peace? Living within your means is the key to unlocking financial freedom and banishing the stress of money woes. It’s about taking control of your finances and making your money work for you. Empower Yourself with Knowledge: The first step to financial freedom is understanding your financial landscape. Don’t just
Financial literacy isn’t about complex math; it’s about making smart choices with your money. This guide offers actionable tips to improve your financial habits and build a secure future. Why is Money Management Important? Effective money management empowers you to understand your finances and make informed decisions. It helps you avoid living paycheck to paycheck
This guide equips you with the knowledge and tools to tackle credit card debt and achieve financial peace. Here’s a breakdown of the steps you can take: 1. Build a Budget: The Foundation for Success Financial stability is crucial for eliminating debt. Creating a realistic budget that tracks your income and expenses is the first
Debt. It can feel like a monster lurking in your finances, draining your resources and stealing your peace of mind. But fear not, brave adventurer! With a strategic plan and unwavering determination, you can slay the debt dragon and emerge victorious. Here’s your step-by-step battle plan: 1. Face the Beast: Unmask Your Debts The first
Bitcoin’s price has surged to new highs this week, fueled by excitement surrounding the launch of spot bitcoin exchange-traded funds (ETFs). As of Wednesday, it reached a record of $73,000, and despite a dip, it remains up over 50% year-to-date. This surge coincides with the IRS ramping up efforts to scrutinize cryptocurrency transactions. Tax professionals
Venturing into the realm of credit cards can be daunting for newcomers, but understanding the fundamentals is crucial to financial literacy and success. This beginner’s guide is tailored to equip novices with the requisite knowledge to navigate the intricacies of credit cards effectively. Deciphering Credit Card Dynamics A credit card operates as a conduit to