If you need to send a money transfer to family abroad, you will come across many different options and transaction jargon. One of them will be remittance. So, what is remittance? And is it an option you can use? If you are wondering what is remittance you are in the right place. In this articl…
Banks operate for a profit, and they make this profit in various ways, monthly maintenance fees being one of them. Banks charge maintenance fees for providing services to their customers. But are they too high? Can they be avoided? This article will answer some of these questions about the monthly m…
There is probably not a person on the planet who likes paying taxes or doing their tax returns. Your income is your hard-earned money. It’s not fun having the government deduct their share from your paycheck every month. Have you ever looked at your paycheck and wondered, “where do…
Owning a car is an exhilarating experience indeed, especially if it’s your first car. One thing that most first-time car buyers fail to understand is that purchasing a car requires planning. The best way to plan for a new car is to start saving. But how do you save for your dream car? This article […
At a Glance Non-resident Indians (NRIs) are Indian citizens spending less than 183 days in India during the financial year. NRIs are not required to pay tax in India, and they may invest for various reasons such as retirement planning, generating returns, supporting family, and building financial as…
Not long ago, the Department of Homeland Security released an announcement. The announcement was regarding the Notice for Proposed Rule Making (NPRM). This notice will change the selection for the H1-B petitioners. The new system was made to serve as a replacement for the random lottery selection, a…
Wondering how much of your paycheck you should be saving? While it varies from person to person, you should aim to save around 20% of your paycheck. This article will guide you through how to plan your savings percentage and how you can achieve it. Savings Planning Personal finance and savings are n…
A few days ago, the November 2020 Visa Bulletin was released by the U.S. Department of State. Although some changes have been made, some sections remain mostly unchanged from the previous Visa Bulletin. Are you curious to find out what the new Visa Bulletin is bringing? If that’s the case, you shoul…
At a Glance Bank of America account closure is possible through methods like visiting a local branch, calling customer support, or mailing a written request. Closure requests cannot be processed through the website or app. Before closing, ensure you have a new bank account and update payment informa…
At a Glance Close a Wells Fargo account through online, in-person, or phone methods Prepare for the closure by opening a new bank account and transferring financial activities Settle any outstanding balances to avoid negative credit consequences There could be many reasons why you want to close your…