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Manage your money the smart way: This AI-powered app helps you budget, save, and meet your financial goals for just $2.99 a month

Manage your money the smart way: This AI-powered app helps you budget, save, and meet your financial goals for just $2.99 a month

Daily Mail​2 days ago
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It's no secret that money management can be a challenge. Whether you're juggling multiple accounts or saving for an important purchase, it can quickly become complicated and difficult to stay organized.
Quicken Simplifi was created to bring all of those moving parts together in one clean and intuitive dashboard that updates in real time. The AI-powered platform is a dream for anyone who is committed to finally getting serious about managing their money.
Quicken Simplifi
Finally, take control of your finances without the stress and confusion.
This sleek personal finance app keeps all of your account information in one place, allowing you to easily keep track of spending, monitor your net worth, and focus on future planning.
Try it now for just $2.99 per month for the first year. You will never look back!
$2.99/month Shop
Priced at just $2.99 per month with a 30-day money-back guarantee, Simplifi is an accessible investment in your financial well-being. It offers anyone a smart and approachable way to gain control and clarity over this often tricky area.
With a quick glance, the app provides exactly what you need to know. Once you see everything laid out so cleanly, you start to feel a little bit like a finance expert!
That's because Simplifi gathers everything, including your checking, savings, credit cards, investments, and your home's estimated value, into one tidy dashboard. And that means you can glean your complete financial picture in one place instead of toggling between apps or trying to remember which account contains which funds.
The power of the platform is really in its automation. AI categorizes your spending automatically, sending you alerts for everything from your upcoming bills to any unusual activity that might be detected.
This is vital, as it can help you avoid the surprises that may otherwise throw your budget off track. The system is intelligent, handling the busy work for you so you can spend less time focusing on the granular details and put more energy into achieving your goals.
In fact, Simplifi can help you plan for those goals, too, whether you're building an emergency fund or saving for an epic vacation. Because you can customize the tool and tailor it to your situation, you can get the most accurate and clear-eyed spending plan possible.
The concept is simple in theory: It works behind the scenes to calculate what is safely left for you to spend after covering your fixed bills and savings goals.
As your situation shifts, whether because a bill increased or you stashed some more into savings, the information automatically updates to help you stay on track without needing to recalculate or micromanage. The real-time updates change the game!
It also organizes your spending by category, recognizing the nature of each transaction and filing them under groceries, gas, or anything else you purchase.
The system even nudges you when something important happens, whether money just hit your bank account or a subscription was renewed. You never have to wonder what that mystery charge is about or chase it down on your own.
Simplifi is also a powerful forecasting agent. It can project your future cash flow based on your income, savings, and ongoing bills to help you make confident decisions about your purchases.
Setup is a breeze, too. Quicken includes free onboarding so you can get going with Simplifi in no time at all. And, yes, actual human beings are available if you need to connect with someone by phone or chat. You can even set it up live with a friendly agent if you prefer.
No matter what your financial situation, staying in control of your money is crucial. Proactive individuals who want to do it all can find everything that they need through Quicken Simplifi! Don't miss the chance to get started for just $2.99 monthly.
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Opinion: We bought a new car with cash, and the salesman wasn't happy
Opinion: We bought a new car with cash, and the salesman wasn't happy

Daily Mail​

time3 hours ago

  • Daily Mail​

Opinion: We bought a new car with cash, and the salesman wasn't happy

In 2018, my then pregnant wife and I decided we needed to upgrade the trusty, but small Ford Fiesta, for something bigger that would meet the rigours of our new everyday family life. We strolled into the dealership after much research and sat down to build our perfect model, with little luxury touches, like a leather interior, heated seats and a kick-boot, like proper middle-class adults. The salesman was friendly and helpful… until close to the end of our transaction. For whatever reason, the most crucial part of the sale had not been discussed – how we were paying for the £28,000 car. It was presumed by said salesman that we would put down a deposit, make monthly payments for three years, then either hand it back or make a balloon payment. And I do get it. Finance is how most cars are 'bought' in this country, because finding a five-figure sum of money is not exactly easy. But I've never liked the idea of being on a constant hamster wheel of returning a car after three years, getting a new one, being in an endless trap with the manufacturer. We'd saved hard for the car, topped up alongside a lump sum my wife had, with the idea being, we'd have it for at least 10 years as we'd look after it (we're seven years and 60,000 miles in – we've never had a major problem). We're also not flashy in the least – we're not bothered by material things, and just wanted a safer, bigger car, that's reliable and would suit a growing family. My thought process: that's £2,800 a year, or £233 per month for a decade to own the car, and that's excluding what we eventually get back for selling it on, which will shave a good chunk out of the above calculation. So back to the dealership. We said we were cash buyers, could we have a discount? And I can still picture his face dropping. He tried to persuade us to take finance, stating that the value of the car will drop as soon as we drove it off the forecourt. It's a funny business buying a new car isn't it – where else in life are we told an item will lose a chunk of value a minute after owning it? We were insistent. He was insistent. And I remember coming away thinking: 'I wonder if he would earn commission on a cash sale, like he would car finance?' What has transpired since from the car finance scandal is... probably not. He was clearly upset we'd decided not to finance the car through the in-house lender and his whole demeanour changed. As mentioned, I know we're in the minority here, not many can afford to fork out such a large sum upfront. But it highlights to me how rife pushy salespeople trying to squeeze as much money out of buyers on personal contract purchase (PCP) and hire purchase (HP) deals probably was. We've now had the Supreme Court ruling on 'mis-sold' car finance deals. As many as 6.6million people unwittingly signed up to a discretionary commission arrangement (DCA) between 2007 and 2021 – where they paid more in loan interest than they should have done, in a ruse which bumped up the commission salesmen could earn. What we can learn from this is: keep all paperwork, read contracts and terms and conditions with a fine-toothed comb, and never expect a salesperson to act in your best interest. There are also other ways to finance a car, such as taking out a personal loan, so it's vital to assess all options, not just be smooth-talked into an option that suits a company more than you as the customer. If you think you may have been unfairly treated, ignore the claims management firms and read this instead: How to work out if YOU can claim £950 from the car finance scandal - and what to do if you can't find the paperwork It appears this kind of behaviour was rampant for more than a decade and while it won't lead to the £44billlion worst-case scenario payout for lenders, it is still expected to cost them a huge £18billion. If you bought a car on finance in those 14 years, it is quite likely you paid more than you should have. Buying a car outright worked for us. It might not for you, but fingers crossed we'll have it for another 10 years, with one careful owner – and no shady underhand commission tactics lurking under the bonnet.

High-profile Chinese dealmaker Bao Fan released from detention after two years, source says
High-profile Chinese dealmaker Bao Fan released from detention after two years, source says

Reuters

time3 hours ago

  • Reuters

High-profile Chinese dealmaker Bao Fan released from detention after two years, source says

BEIJING/HONG KONG, Aug 8 (Reuters) - Bao Fan, star dealmaker and founder of boutique investment bank China Renaissance Holdings ( opens new tab, has been released more than two years after being taken away by Chinese authorities, according to a person with knowledge of the matter. China Renaissance sent shockwaves through the country's financial sector in 2023 when it announced it was unable to contact Bao, who founded the bank in 2005 with two other men and still owns nearly 49% of the company's issued shares. He was one of the several, opens new tab high-profile executives in China - mostly from the finance industry - who went missing in recent years with little explanation amid a sweeping anti-corruption campaign spearheaded by President Xi Jinping. His disappearance rattled professionals in the financial industry in the world's second-largest economy, as Beijing dialled up its campaign to rein in the "lavish lifestyle" of the "financial elite". His release comes as Beijing recently stepped up efforts to boost business confidence, particularly among the country's tech entrepreneurs, whose businesses have suffered from a years-long crackdown. China is looking to boost confidence in the private sector, which has been reeling from weak domestic consumption and a prolonged debt crisis in the property sector, amid the broader backdrop of heightened trade tensions with the United States. Bao, widely regarded as one of China's best-connected bankers, was released from detention earlier this week, the person said on Friday, declining to be identified as the information was not public. He had been involved in high-profile deals including the mergers of ride-hailing firms Didi and Kuaidi, food delivery giants Meituan and Dianping, and travel platforms Ctrip and Qunar. China Renaissance didn't immediately respond to Reuters request for comment, and Bao did not respond to a Reuters email seeking comment. Chinese media Caixin first reported Bao's release, citing unidentified sources. China Renaissances shares jumped 17% on Friday to close at HK$6.87 ($0.8752) before the news of his release became public. Bao, who previously worked at Credit Suisse and Morgan Stanley, went missing in February 2023. Trade in China Renaissance shares was suspended in April 2023 after the bank delayed publication of its audited annual results as a result of mainland Chinese authorities taking away Bao to cooperate with an investigation. A Chinese financial publication reported in May 2023 he was detained by disciplinary and supervision officials. Authorities have as yet not given any explanation. China Renaissance shares plunged 72% on the day it resumed trading in last September. Sources have previously told Reuters that he was taken away to assist in an investigation into a former colleague. Xie Yi Jing, who co-founded China Renaissance, replaced Bao as chairman in February last year. Subsequently, Bao's wife Hui Yin Ching was appointed as chairperson to lead the boutique investment bank in October, with changes in other senior management ranks as well.

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