Discover how to save, invest and have greater control over your finances with our articles and stay up to date with the latest news.
In this article we explain everything you need to know about interest earned on term deposits/investments. Interest is a fundamental component of personal finance and investments. Understanding the difference between simple and compound interest allows you to make more informed and profitable decisions, both in investments and loans. We’ll explain both types of interest and […]
Mortgage credit is one of the most common forms of financing for those looking to buy a property or secure a loan using an asset as collateral. This type of credit offers additional security for both the borrower and the bank, and can be used for a variety of purposes in addition to buying a […]
From 1 August 2024, young people up to the age of 35 who buy their first permanent home can benefit from exemption from IMT and Stamp Duty. The measure applies to properties up to 316,772 euros, and is partial for higher values up to 633,453 euros. This incentive aims to facilitate access to housing by […]
Parliament recently approved a series of changes to the IRS, which have already been published in the Official Gazette. These changes, which include reductions in the rates of various brackets and the updating of specific deductions, aim to provide greater tax relief for taxpayers, especially those in the lowest and middle brackets. 1. Reduction of […]
The Portuguese Government recently implemented important changes to the rules for Local Accommodation (AL), reversing some of the previous restrictions, such as the non-transferability of licenses. Previously, AL licenses could not be transferred in the event of sale, inheritance or other circumstances, resulting in their automatic expiration. These changes follow criticism about the rigidity of […]
The State Budget for 2024 presents a set of significant measures aimed at supporting and stimulating the business sector in Portugal. In this article, we have compiled the main measures that directly affect Portuguese companies. Discover more on this article. 1. Reduction of the IRC Rate for Startups Startups benefit from a reduced IRC rate […]
Choosing between health insurance and a health plan may seem like a complicated task, but understanding the differences and advantages of each can make your decision easier. Both products aim to protect your health, but they work in different ways and have their own characteristics. What is health insurance? Health insurance is a contract that […]
Reducing the amount of your mortgage payment can be an excellent way of easing your family budget and ensuring greater financial stability. If you want to know how to lower your credit installment, here are some solutions you can consider. Read them carefully and see which one best suits your situation. 1. Early amortization One […]
Teaching your children to save money is an essential step in preparing them to be financially responsible in the future. Financial education from an early age can make a significant difference to the way people deal with money throughout their lives. Here are 3 ideas to get you started on the learning journey with your […]
When you think about taking out a mortgage, one of the questions that comes up is whether you need to take out insurance. The law does not require you to take out specific insurance to obtain a mortgage. However, banks generally require two types of insurance: multi-risk home insurance and life insurance. Let’s explore the […]
