Back in the day, reaching your retirement goals meant building a sizable portfolio and paying off your mortgage. Both goals are a lot harder to achieve in today’s economy. To amass adequate retirement savings, you’ll have to commit to a high contribution rate, given forecasts of lower returns. Paying off …
Read More »Murder accused offers money to widow
Image copyright Getty Images Image caption Australian woman Sara Connor, far right, is accused of murder The widow of a policeman allegedly murdered in Indonesia has rejected a “donation” from his accused Australian killer. Wayan Sudarsa’s body was found on Bali’s Kuta beach on 17 August with head and neck …
Read More »Venezuelans queue to change money as banknote is pulled
Image copyright Reuters Image caption Venezuelans started queuing early in the morning on Tuesday Venezuelans have been queuing at banks after they were given 72 hours to deposit or change 100-bolivar bills before they stop being legal tender. President Nicolas Maduro announced on Sunday that the banknote, currently the country’s …
Read More »‘Monopoly money’
Image copyright Mundo24 Image caption Venezuelan website Mundo24 said it was “Game Over” for the 100-bolivar note Venezuelans have been trying to think of uses for their highest-denomination banknote, the 100-bolivar bill, after President Nicolas Maduro announced it would be taken out of circulation within 72 hours. After that time, …
Read More »Smart money?
Image copyright Thinkstock Image caption “So now I’ve graduated, how do I pay off all my student debts?” It’s tough being a student these days. Debt levels are reaching crisis proportions in many developed countries, the World Bank says. And in many developing countries, aspiring students can’t get finance at …
Read More »Facebook just secured an e-money license in Ireland, paving the way for Messenger payments in Europe
Paving the way for friend-to-friend payments to come to Facebook Messenger in Europe (and after the functionality debuted in the U.S. all the way back in March last year), Facebook has quietly secured an e-money license from the Central Bank of Ireland. A quick search of the state bank’s register …
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