TessMore Finance Blog

If you’ve noticed yourself spending more at the grocery store or to fill up your gas tank lately, chances are it’s not because you’re purchasing more food or doing a lot of extra driving. Consumer prices shot up 7.5% in January compared to the year prior. That’s the highest inflation rate the U.S. has seen since 1982. If you’re looking to stabilize your rising costs, you’re going to have to think a bit differently about the way you shop. Here are a dozen savings tips to help you fight price inflation on everyday purchases. 12 Savvy Ways to Fight Price Inflation 1. Shop Your Pantry Before you go grocery shopping, make a habit of checking the shelves of your pantry first. Canned goods, pasta and other pantry staples have a tendency to get forgotten in dark corners. By taking inventory of what you already have at home, you’ll avoid mistakenly buying multiples of the same item. You might be able to shorten your grocery list (and spend less). You’ll also reduce the chance of food g

A corporate office is a central workplace for a corporation. It is commonly referred to as the head office of a corporation or a large company. A head office and a headquarters is also a similar term that we commonly associate with the epicenter of large companies. Let us discuss what is a corporate office, a head office, a headquarters, and what are the key differences between them. Corporate Office Vs Head Office – Definitions A corporate office is the main place of business for a corporation. Although the term is widely used for incorporated and unincorporated companies alike, it is derived from the word “corporation”. A head office is also the central place of command for a private or public company. It is the place from where a company controls, directs and monitors its business activities. By definition, both corporate office and head office represent the same place. In practice, the word head office is linked with small and medium enterprises while the corporate office te

Even if your bank or credit card is offering zero-percent financing, it isn’t free. Someone has to pay the interest on the borrowed money. Lenders offer these incentives to attract more borrowers. Dealers and manufacturers also join hands to promote their products. Let us discuss what is zero percent financing and how do companies make money with it. What is Zero Percent 0% Financing? Zero percent (0%) financing means a loan or credit facility with zero interest charges. It simply refers to any financing scheme that does not charge against lending money. Usually, banks, mortgage companies, car dealers, credit card issuers, and other types of lenders charge interest for lending money. However, for special deals, these lenders may not charge interest. Although a zero percent deal means zero interest charges, it can combine different packages that may incur interest charges after a specific period. A common example of zero percent interest charges is from credit cards. Many credit

You can purchase Samsung products with zero interest and use one of the several flexible payment plans. You need a good credit score of around 700+ to be eligible for the Samsung credit financing program generally. Let us discuss what is Samsung’s credit financing program, its credit score requirements, and other payment plans. What is Samsung Financing? Samsung financing is a revolving credit line facility to its selected account holders that are offered in collaboration with TD bank. Account-holders can purchase Samsung products using the available credit. It means customers do not need to apply for the credit line with a bank. They can directly avail this facility from Samsung. The Samsung credit facility is a revolving credit facility. It means once an applicant is approved, there is no need to apply for financing again. This financing facility is separate from Samsung’s buy now, pay later (BNPL) facility. BNPL is a zero-interest program that is offered to all customers usi

John Deere is a leading brand in the agriculture and farming machinery industry. It comes with a 180-years working history. John Deere offers financing options for its customers through its dedicated platform and dealers. These options include several promotional and 0% financing offers. As a farmer or Agribusiness owner, you can apply for John Deere financing at any time. Let us discuss how hard is it to get John Deere financing and what your different options are. What is John Deere Financing? Through financing and leasing, you can use pricey equipment and machinery with low capital available. You do not need to purchase the equipment outright with the full payment. John Deere (JD) is a leading brand for farming and agriculture machinery and equipment manufacturing. It offers a wide range of Agri and farming machinery through its several global locations in the US, Canada, the UK, and Australia. John Deere’s financing options cover several offers at different interest rates th

You’ve paid your bills on time. You’ve avoided massive debt, or maybe you’ve paid it down. Now you have a healthy credit score to show for it. But tough times can happen, no matter how responsible you are. So if you’ve hit a financial rough patch, you’re probably wondering what that means for that score you worked so hard to build. The good news is that what’s tough on your wallet isn’t always bad for that powerful three-digit number. Here are 10 financial setbacks that won’t affect your credit score. What Hurts Your Credit Score? 10 Surprising Things That Don’t For any piece of information to affect your credit score, it has to appear on your credit report. You’ll find lots of information on your credit reports, but the only five credit factors that determine your score are: Payment history , 35%: Whether you’ve made on-time payments. Credit utilization ratio , 30%: The percentage of revolving credit, i.e., what’s available to you through a credit card or line of credit, that

Digital banking services have been around, and popular, for a while now. And since the pandemic, the number of users is expected to grow significantly, surpassing 200 million this year. While traditional brick-and-mortar banks expand their reach online, digital-only or e-banks have already been the way to go for millions of Americans. They offer online access to many of the account features and services consumers need and want. Additionally, online savings accounts and checking accounts can save you money. Less overhead — after all, no physical buildings with maintenance and employees — can translate into lower monthly maintenance fees and higher interest rates for you. For customers who don’t want to be tied to a physical location and want the freedom to bank from their mobile phone or device wherever they are, an online account is worth exploring. If You’re Interested in Online Banks, Check Out Ally Ally Bank is one such online-only financial institution. It’s actually been arou

Financial independence is a mainstay on the Internet and a shared desire of millions of people. There’s even a moniker for it – FIRE, which stands for Financial Independence, Retire Early .  I think most people get the basic concept. You work to reach a point where you no longer need to stress about money or when you’re even able to quit working altogether and retire early.  But in this article, we’re going to discuss the mechanics of how to FI? After all, it’s just a theory unless you have a plan in place to get there. Let’s look at financial independence, from the planning stages to the strategies for getting there, and crossing the finish line. Table of Contents Know Your 2 FI Numbers  Determining How Much You’ll Need When You Reach FI The Safe Withdrawal Rate – a.k.a, The 4% Rule Determining How to Reach Your FI Portfolio Value 7 Strategies to Reach Your FI Portfolio 1. Create an Aggressive Savings Strategy 2. Choose the Right Investment Mix 3. Save and Invest Relen