Dormant accounts are bank accounts that haven’t been used for some time, typically a period of around six months to a year. These accounts may have funds in them, but they can’t be accessed until the account is reactivated. In most cases, a dormant account can receive money, but the funds may not be accessible … Read more
Australiansuper is both an Apra Fund and an SMSF (self-managed super fund). Apra Funds are regulated by the Australian Prudential Regulation Authority (Apra), which ensures they meet certain standards of financial stability and member protection. SMSFs, on the other hand, are managed by individual trustees and are not subject to the same level of regulation … Read more
During the 2008 financial crisis, some hedge funds were bailed out with government funds. This happened because these funds were heavily invested in complex financial instruments that lost value during the crisis. The failure of these funds would have had a ripple effect on the wider financial system, so the government stepped in to prevent … Read more
To obtain immediate funds, you may consider exploring various options. One option is to access your emergency savings if available. Alternatively, you could contact friends or family members for a temporary loan. If you have valuable items, you could pawn or sell them to generate cash. Additionally, you might explore online platforms that offer quick … Read more
Freedom Financial is a reputable company that has been in business for over 20 years. They have a strong track record of helping people improve their financial situation. They offer a variety of services, including debt consolidation, credit counseling, and personal loans. Their customer service is highly rated, and they have an A+ rating with … Read more
Money market instruments are short-term financial instruments used to facilitate borrowing and lending in the money market. These instruments are highly liquid and have maturities of less than one year, making them suitable for short-term investment and managing cash flow. Common types of money market instruments include treasury bills, commercial paper, certificates of deposit, and … Read more
When we work with money, we often need to round it to a certain place value to make it easier to work with or to simplify calculations. You can round money to the nearest tenth by looking at the hundredth place. If the hundredth place is 5 or greater, round up the tenth place by … Read more
To withdraw funds from Robinhood, follow these steps: – Open the Robinhood app or website. – Tap or click the “Account” tab. – Under “Balances,” tap or click “Withdraw.” – Select the account you want to withdraw from. – Enter the amount you want to withdraw. – Tap or click “Review.” – Confirm the withdrawal … Read more
When you cancel your train ticket, you can get a refund in certain situations. The rules for refunds vary depending on the type of ticket you purchased and how far in advance you cancel. In general, if you cancel your ticket within 48 hours of purchase, you will receive a full refund. If you cancel … Read more
Afterlight is a photo editing app that offers both free and paid features. You can download and use the app for free, but you’ll need to pay a subscription fee to access all of its features. The subscription fee is $2.99 per month or $29.99 per year. If you’re not sure whether or not you … Read more