The indispensable rule of growing your savings is first to devise a monthly budget based on your income and projected expenses and utilize any surplus funds for investment – so that your money may multiply rather than sit idle in your account. The market these days will tempt you with a range of investment options – however, most of these investment avenues come with their share of risks. Fixed deposits are one source of investment that not only helps you multiply your initial investment but also inherently possesses low-negligible risk factors, helping you realize a safe return on your investments.

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Cryptocurrency has a relatively short history, as Bitcoin (BTC), the first decentralized digital coin, was only released in 2009. Within a decade, however, this medium of exchange has grown tremendously. Tens of thousands of cryptocurrencies have been released after BTC, and these digital coins are now considered to be a regular component of a well-balanced portfolio.

In fact, the demand for cryptocurrencies has grown considerably lately. According to a 2021 CNBC survey, 1 in 10 people have invested in cryptocurrency, and 65% of the respondents have gotten into this asset class just last year.

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Forex trading is one of the most lucrative markets for both new and experienced investors. Whether you’re looking for ways to build a diverse investment portfolio or simply want to understand how the market works, forex trading is an enticing option.

The low barriers to entry combined with high liquidity and round-the-clock availability make forex trading particularly popular. Also, traders get access to excellent leverages, making it easy for beginners to try their hands at forex trading.

It isn’t surprising that currencies worth more than $6.6 trillion are traded every day on the market.

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Do you feel like your finances have gotten out of hand? If so, it’s probably time to do a real, hard assessment of where you stand with money. Once you understand where you are with finances you can come up with an action plan to come up with a plan to get back on track. Here are some tips to regain control of your finances.

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Bitcoin is in the news again. This is a widely talked-about concept that aims to change the way you manage your money. According to experts, one of the biggest impacts that it is going to have will be on the finance sector. Before we go any further as to its effects on our life and money, let us understand what Blockchain, Cryptocurrency, and Bitcoin are in a bit of detail.

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There was once a time when those with savings were advised to place their funds into a savings account with their bank. Such accounts would come with an interest rate attached that, over time, would allow the individual who owns the funds to see their wealth grow and accumulate over time.

Unfortunately, the interest rate associated with most savings accounts these days aren’t anything to write home about. This fact has left many people wondering just how they can grow their wealth in a more efficient and productive manner.

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