blaming yourself for
Bets in the red: what can change the situation
With official inflation of 10% and a sharp devaluation of the hryvnia, the standard rates in banks on the most popular deposits today are in the range of 7.5-8.5%. Taking into account the taxation of deposits and the situation with the unstable hryvnia exchange rate, real rates thus went into a deep minus. On deposits in foreign currency (in dollars and euros), banks pay quite ridiculous interest – no more than 1% per annum. Continue reading
How to survive your own financial crisis
A personal financial crisis can be the result of a variety of events: job loss, divorce, bankruptcy, sudden medical expenses, or any other event that results in loss of financial stability. Whatever the cause, the consequences are always the same: stress, confusion, inability to control the situation, loss of self-confidence. While it may not be easy to get through a financial crisis, it is important to remember that it is possible to regain control of the situation. Everything can be improved if you get together and start acting. Continue reading
