5 of the World’s Richest Companies

5 of the World’s Richest Companies

Here are 5 of the world’s richest companies.

5. Apple – $185 Billion

 

When Steve Jobs and his team founded Apply in 1976, he grew Apple to earn more revenue that the said about of saving in the United States reserves. While the brand had a rough start, in the beginning, Jobs introduced the infamous iMac computer that set the stage for the new Apple era.

4. Toyota – $236 billion

Established in the early 1930s, Toyota has grown to produce the latest hybrid vehicles as well as gas mileage technology that makes vehicle friendlier to the environment when compared to other leading automobile companies across the globe. Toyota has since expanded their company towards luxury vehicles, along with pickup trucks and SUVs.

3. Chevron – $253.7 Billion

Established in the 1800s, Chevron becomes the first to discover the large oil field in Los Angeles, California. Since the discovery, Chevron has grown into one of the largest oil companies to date.

2. Walmart – $447 Billion

What started out from previous retail projects, quickly become an original success for Sam Walton. His first shop was called, Walton’s Five and Dime. He then changed the company to Walmart, which expanded through America, as well as the UK, Canada, Brazil, Mexico, Argentina, India, Japan, and more.

1. Exxon – $486.43 Billion

In 1999, Exxon was created during the bond between Mobil in creating the oil empire that stands today. Currently, Exxon is still the largest company in the world as they bring in over 3 million barrels of oil a day. Exxon since turned from a gas, diesel fuel, and Auto shop company that remains strong today.

Surprised by any of these companies on the list? Comment below and tell us what you think!

5 Things Students Should Consider When Opening A Bank Account

5 Things Students Should Consider When Opening A Bank Account

Fresh college students, opening a bank account and preparing for their finances are the least of their worries. However, financial prep is an important step when starting college and moving forward with life.

Here are 5 things students should consider when opening a bank account.

Opt for the Large Student Overdraft

While you might not be sold on the full overdraft, take the opportunity to apply for it as this will help increase the amount in your savings account. In fact, you will make more money due to the interest build up. While you will not become an instant millionaire, you will still earn a great return.

Beware of the So-Called Freebies

Banks always have something to offer students. But don’t be tricked into their freebies. These so-called freebies are usually short-term offers that include free products, insurance, cash back rewards, and other things that might interest students. Go for a large interest-free overdraft for better benefits.

Ask About the Overdraft Limit

One of the most common ways to borrow money is by arranging an overdraft. Use this time to take advantage of your 0% interest rate as a student. An overdraft free will mean that you pay only what you owe and nothing more.

Understand the Conditions of Payment Fees

Did you know that over 65% students that were surveyed did not know when they were supposed to pay off their overdraft? While this Is not expected to be paid until after graduation, the late charges will cost as much as $3,000.

Check Up On Your Credit Rate

Understand the credit rating and how it works. This is vital as it will be used for all future loans, housing, and major purchases you will make in the near future. The bank will base your overdraft on your credit score.

Conclusion 

It is important to consider the location and convenience of your bank. While this isn’t a primary concern, you should choose a bank that is accessible and easy to visit. This will also help prevent any penalty fees during an overdraft.

4 Ways You Can Prepare For Your Retirement

4 Ways You Can Prepare For Your Retirement

Are you planning to start preparing for your retirement? With these helpful tips, you will be ready and prepared in no time.

Check out these 4 ways you can prepare for your retirement.

Start Becoming A Super Saver

For many of us, we’ve got bills and other needs to pay for on a monthly basis. There are the necessary amounts to determine how much you will need for your retirement plan. When preparing for your retirement, it is important to save as much as you can from tax refunds, savings, bonuses, and raises. Instead of buying the latest product on the market, you can put that money to good use by adding it to your retirement plan.

Pay off All Debts

Are you still making payments on your car or student loans? DO you have a high-interest credit card you use every month? Now’s the time to pay off these debts before you completely save for your retirement. Not only will paying off debts reduce the number of monthly expenses, you will also save money in the long run.

Pay Off Your Mortgage

The home mortgage is the biggest portion of your monthly bill. Aim to pay off your mortgage by paying it off while you still have insurance. Once you own the home, you will have a less amount of costs to deal with and will help you save money during the retirement.

Take Advantage of Tax Breaks 

People over the age of 50 are usually at the peak of their income earrings. This could mean that you will have a higher tax bracket once you reach your retirement. To help minimize your bill, take advantage of tax breaks that include health care deductions and retirement accounts.

Conclusion

While not everyone plans to leave their careers during the retirement stage, your early fifties are a great time to start preparing for the big step. You can save more than you usually do and determine how you will spend your time in the future.