Above: Klaus Liebscher Klaus Liebscher has stated that there may be an interest rate raise on the cards by the European central bank, he is on the council which sets rates for the European Central Bank. While in the USA interest rates are moving downwards, Europe sees them heading upwards, so be aware if you relay on credit. The rate increase will happen in next few months, Read More

I have a friend who’s asking what would be the best investment nowadays. She is aiming for a 7% annual interest, and is willing to give a big amount provided her money will earn much. Of course, she will not invest her money if there is no guarantee of interests. There are banks offering a lot lower than 7% so putting her money in the bank is no longer an option. Even though she can be assured her savings is ... Read More

It is no secret that utilizing interest is a great way to help your money grow. This is especially important when so many people are trying to work within a budget. To further complicate matters, many people are simply intimidated when it comes to financial jargon. For those brave enough to tackle the financial jargon they find that locating a bank or credit union that will offer premium interest rates is a task unto itself. So what is ... Read More