finances | Common News Update

Mar252021 by adminNo Comments

Britney Spears asks judge to end father’s control over her finances and personal life

Entertainment

Britney Spears has officially asked a judge to permanently end her father's control over her finances and personal life.The singer, 39, has been subject to a court-ordered conservatorship since 2008 after suffering two mental breakdowns. This means her father Jamie Spears, 68, has been in charge of all her financial and personal affairs ever since, temporarily stepping down from the latter role in September 2019 due to health reasons.A care professional called Jodi Montgomery replaced him on a temporary basis, but the star now wants her to be made her conservator permanently.The Los Angeles court documents also show she wants to be able to completely end the controversial arrangement entirely if necessary. ...

Dec92020 by adminNo Comments

Women are ‘absolutely critical’ to ensuring everyone has access to finances, Bill Gates says

Finance

Bill Gates, Microsoft founder, at the discussion "Innovation potential in Africa, in Berlin, Germany.picture alliance | Getty ImagesWomen are vital to ensuring finances — and financial education — trickle down to other parts of society, said billionaire philanthropist Bill Gates.Governments and businesses serious about giving all members of society access to financial services should gear their resources toward women, the Microsoft co-founder said at the Singapore FinTech Festival on Tuesday."It's absolutely critical," Gates, noting that women are typically responsible for family-supporting finances."The benefits of getting the money under her control mean that it's more likely to be used for nutrition and education and things that will drive that family out of poverty," he said ...

Oct12020 by adminNo Comments

5 ways to pick yourself up and protect your finances after a job loss

Finance

silvana magnaghi | Moment | Getty ImagesTens of thousands of job cuts have been announced this week as a result of the ongoing coronavirus pandemic. With 28,000 employees expected to be laid off at Disney and 7,000 to 9,000 jobs cut at Royal Dutch Shell by the end of 2022, job losses are mounting among energy, entertainment, hospitality companies and many other sectors. The airline industry has also been among the hardest hit, and big job cut announcements could come as soon as Thursday. Barring additional federal aid, U.S. airlines are on the verge of shedding more than 30,000 jobs.Many of those jobs may not come back.More from Invest in You Looking to start investing? Don't wait until after the electionVulnerable familiesface financial crisis if government relief fades, Fed say...

Jun192020 by adminNo Comments

One in five consumers in Mumbai, Bengaluru anxious about finances due to COVID-19: Survey

Finance

MUMBAI: One in every five consumers surveyed in Mumbai and Bengaluru is feeling anxious and barely coping when it comes to finances as a result of COVID-19, a report claimed. Nearly 64 per cent of consumers surveyed are concerned about their mental health, a Swiss Re COVID-19 Consumer Survey showed. The findings are based on a survey of 1,000 residents in Mumbai and Bangalore by the Swiss Re Group, a global reinsurer. The survey was conducted by global market research company Ipsos in the last week of May 2020. A similar survey was conducted in the APAC economies of Australia, Singapore, Hong Kong and the Chinese megacities of Beijing and Shanghai in April. According to Swiss Re's Head of P&C client markets (India), Amitabha Ray, "We have tried to take a mix of people from Mumbai an...

May12020 by adminNo Comments

Op-Ed: It’s not time to panic, it’s time to plan your finances during coronavirus pandemic

Finance

Phynart StudioPrior to the Covid-19 pandemic, an astounding 53% of the American population felt anxious about personal finances. Undoubtedly, that percentage has grown significantly, with more than 26 million Americans becoming unemployed since then. The statistics are alarming, but it is not time to panic — it's time to plan.Although many financial plans will need to be reassessed due to the changes that businesses and households face, proactive planning will aid you in achieving your short- and long-term financial needs and goals, especially in times of hardship.To gain perspective and make decisions, you can evaluate your current assets, weigh your risks, rework projections to match the new conditions and proactively alter plans according to your needs, goals and values.1. Manage your r...