Finance Quotes | nicklausgreens

Bank of Mom and Dad Offers Great Rates

By: Aaliyah Jordan|In: Personal Finance|Last Updated: January 25, 2020

Banks are criticized for inadequate loans and for making too much profit. While some of these claims are dubious, there is one bank that undeniably offers very low-interest rates with potentially high loan capacity: Mother and Father Bank.

Lending money to children, both teenagers, and adults, is a valuable way to increase family wealth, provide opportunities and avoid burdensome gift and inheritance taxes. With both interest rates and asset values low, now is a good time to consider low-interest family loans.

Tax Regulations

Under the current law, 2010 does not have a land tax. However, in 2011, the release rate will return to the 2001 level of $ 1 million. So, even though inheritance tax is no longer applicable, you don’t have to rely on a tax that remains that way.

The amount that you can pass to heirs tax-free before your death is also limited. Each year, an individual …

By: Aaliyah Jordan|In: Stock Market|Last Updated: December 19, 2019

If you are one of the thousands of people thinking about changing your vehicle then you should consider buying new cars on finance. There are a number of deals available now that can make finance products a practical option for your next car purchase.

Buying a New Car

There are many reasons why people buy new cars. They may be looking for something more economical and reliable or want to upgrade their car to a more luxurious model. Whatever the reason for buying new cars you could fund your purchase with a finance deal. Buying cars on finance is very straightforward these days and there are many different types of products available on the market. This means you can shop around and find the best deal for your needs and situation.

Shopping Online

The Internet is one of the best places to find great deals on car finance products. There …

By: Aaliyah Jordan|In: Personal Finance|Last Updated: October 23, 2019

Accounting period

Newly established business entities can choose a date for the initial accounting period. After that, accounts must be closed every twelve months.

If an entity wants to change its accounting period, it must obtain written approval from the Commercial Registration Department and the Revenue Department.

Account Book

The Accounts Act 2000 regulates the rules regarding accounting of accounts and supporting documents.

The law also stipulates qualifications from bookkeepers, who must be Thai residents, proficient in Thai, and graduates from vocational high schools or universities with a minimum Bachelor of Accounting degree.

The Civil and Commercial Code also provides general rules about accounts that must be maintained.

Recording accounting entries can be done in English, but a Thai translation must be added. All accounting entries must be written in ink, typed or printed. The computerized accounting system should be registered with the Department of Commerce and the Department of …

By: Aaliyah Jordan|In: Secured|Last Updated: January 8, 2019

Spotting Scams – A Guide For New Traders

When you’re first starting out in trading there’s a great deal to do just to find your feet, never mind protecting yourself from scams as well. Unfortunately, scammers recognize this vulnerability and new traders are often a favourit target. It’s important to know what to look out for, to be able to identify common types of scam and to be alert to warning signs. This guide is here to help.

Stock and share scams

Because stocks and shares still account for the bulk of money traded, it’s in this area that most scams are centered. Among the most common are pre-IPO offers, in which a seller offers stock in a company which has yet to go public. Even if this offer is legitimate – which it is usually not – if the transaction isn’t filed with the SEC, you risk losing your money and gaining nothing. Then there are pump …

By: Aaliyah Jordan|In: Personal Finance|Last Updated: December 27, 2018

Personal Finance Knowledge – How to Tackle Your Credit Card Debt in 7 Steps

Do you have too much debt on your credit cards? Are you worried about your debt and want to reduce it? Then take comfort from the fact that you are not alone. In fact there are lots of people in the same boat as you. In order to get ahead of the game, you need to increase your personal finance knowledge and then apply your new found expertise. Do not hide your head in the sand. The fact you are actually reading this is a good start. It means you are more likely to start getting out of the hole you have created for yourself.

So what do you do? How do you actually start getting out of your dilemma?

If you continue searching online you will find loads of ways to do this. There are actually lots of solutions. Your problem now is choosing the …