Blog categorized as Finances

What is an Income Share Agreement?
What is an Income Share Agreement?

Income Share Agreements, also known as ISAs, are a financing method that was first proposed by Milton Friedman in the 1950s. Friedman proposed the idea as a way of selling personal stock. In this agreement, a person agrees to pay a fixed share of their future income...

02.09.22 10:27 PM - Comment(s)
How To Get Passive Income Working For You
“If your salary is your only source of income, you’re one step away from poverty.”  - Warren Buffett 

Once you have a secure job in the career of your choice, it is time to start thinking about the future and look for investment opportunities.  You need to do more than just save money;...

02.06.22 05:23 PM - Comment(s)
How To Avoid Mental Health Issues Despite Student Debt
Obtaining higher education is a common dream shared by many Americans. Little do they realize the roller coaster ride that awaits them.  Not only is no one looking over their shoulder when it comes to studying in college, but most have yet to fully appreciate that college is not free even if th...
11.05.22 12:55 AM - Comment(s)

Since 1976, the month of February has been dedicated to celebrating the history and accomplishments of African-Americans. Black History Month provides an opportunity to acknowledge African-Americans for their contributions to American society and appreciate how they have overcome great adversities t...

21.02.22 10:36 PM - Comment(s)
How To Start Investing Even If You Aren’t Rich Yet

What could be the best way to grow your funds? Investing would be the most obvious answer. Investing is a tricky business and can be intimidating for many beginners as there's a lot to grasp. However, with mere basics, you can start growing your funds gradually and learn your way into it.

To begin wi...

18.01.22 11:02 PM - Comment(s)
How to stick to your financial goals in 2022
financial planning

Firstly, wishing all our readers and friends out there a glorious and peaceful 2022 from Team Defynance!

2020 began with COVID-19, the traces of which were quite evident in 2021. Since 2020, we have learned our ways with covid and are determined to not just survive but also thrive as humans. The wor...

03.01.22 11:53 PM - Comment(s)
Student Loan Repayments Are Starting Soon: How To Prepare
student loan repayment pause ending soon

As this year comes to an end, numerous individuals across the country are engulfed by the big question of student loan repayments.

The freeze on student loan repayments comes to a halt on 31st January 2022.

Though the Biden administration has expanded the student loan forgiveness to those who are in ...

21.12.21 12:17 AM - Comment(s)
How to Budget for Big Expenses

Shopping as an activity is relaxing for some while stressing for some others. The deciding factor for this difference in experience? A shopping budget!

On a serious note, buying capacity of an individual has a strong and direct influence on the lifestyle adopted by that person. That being said, ther...

13.12.21 11:45 PM - Comment(s)
How Saving Up Can Help You Earn Money

Quick side incomes, ways to boost your net income, how to manage finances efficiently...

These are some of the most common searches done by someone who wants to earn some extra money to meet expenses, or for some even serious reasons. But the most important question among these could be how to manag...

06.12.21 11:35 PM - Comment(s)
Some Alternative Investments to Diversify your Portfolio

When you get into investing, you hear the same thing all the time; "You need to diversify your portfolio", "Don't put all your eggs in one basket", etc. While it's good advice, it doesn't really tell you what you need to do. Sure, you can invest in the S&P 500 and that will ...

30.11.21 12:45 AM - Comment(s)