We've all heard the stories of cheapskates who seem to die in poverty, but were later discovered to be millionaires. Have you ever wondered where they hide their money? What about criminals? Where do they put their money?
Not everyone trusts banks or investments. Some people build their wealth in unconventional ways. Maybe someone you know is hiding cash. Or perhaps an eccentric person had once owned your house and placed a rainy day fund in an unusual location. Know where to look?
The market for artificial intelligence applications is growing rapidly worldwide, and yet companies in Germany do not yet accord the importance of this topic for their future economic relevance the same significance that prevails in other countries. This is the conclusion of the fifth edition of Deloitte's annual 'State of AI in the Enterprise' study, which examines how companies are forging a path to a new future full of untapped sources of value.
How are executives harnessing the potential of AI to add value to their businesses in a big way? Where are German companies leading, and what are they missing?? For the study 'State of AI in the Enterprise' granted 2.620 AI experts insight on the current state of AI in their companies, 150 interviews were conducted in Germany. All respondents are from companies that have already adopted AI technology. Questions were directed exclusively at executives with direct responsibility for AI strategy, its direction, budgeting, or oversight during implementation, supplemented by qualitative telephone interviews with subject matter experts.
"In this year's report, we also have to state clearly that in Germany we are only at the beginning of the 'Age of With™', the era of collaboration between humans and machines," says Dr. Bjorn Bringmann, Head of the AI Institute at Deloitte. "However, we see very good signs that German companies are increasingly recognizing the opportunities of AI. At the same time, the results indicate that German companies are well positioned in some areas. Other – important! – areas give cause for concern. In particular, the suspension of the AI megatopic among German executive boards is – to put it nicely – still expandable and, moreover, urgently needed in order to give this technology the importance it deserves in good time. This has long been recognized in all other countries surveyed and they are acting accordingly."
If there is an opportunity to save and build assets at the same time as making loan payments, many borrowers fall into further consideration. Would it be worthwhile to make an agreement on lower or higher installments when repaying the loan?? When servicing a loan, you should always put its repayment first and your savings second.
A reduction in monthly installments is therefore not recommended, as you unnecessarily prolong the repayment and thereby also automatically put higher costs on your agenda. Also consider that the current low interest rate makes the classic saving on time deposit accounts or a savings book unprofitable. For an optimal strategy, pay off the loan first, then save on unnecessary interest and monthly expenses.
We can finance rented condominiums through our loan partners up to a maximum of 100% of the purchase price. However, this requires a "reasonable" property and, above all, a good credit rating. If you think you can buy and finance a rented condominium without a minimum of financial reserves, you are mistaken (even if some self-proclaimed real estate gurus like to claim the opposite).
Many banks and savings banks (but not all) have tightened requirements for investors over the last few years. Some banks have implemented income limits, while others require a higher surplus in the sog. Budget bill (= comparison of monthly income and expenses). In addition, banks also have different approaches to rental income and to sog. Management costs. In practice, this means that banks calculate very differently for an investor than for an owner-occupant. So it can happen that the financing of an owner-occupied apartment would be possible without any problems, but the banks "shake their heads" at the same apartment as a capital investment.
If you want to be considered a capital investor, you must expect to invest your own capital as well (and not only that of the bank). As a general rule, you should pay at least the incidental acquisition costs yourself. Whether and in what amount further equity capital is necessary or. is useful depends on various factors, for example:
Single parents men and women are often faced with special financial requirements in their everyday lives. Often the occupation of a single parent is considerably limited or not possible at all due to the care of the children. Accordingly, single parents are often confronted with the difficulty of earning a living on a single income or even on unemployment benefit II.
Start request for single parents:
Special burdens then often lead to the need to take out a loan. However, this is subject to special conditions for single parents and is only possible by meeting specific requirements. Below, we explain in more detail the conditions, opportunities and restrictions for single parents, as well as current developments.
Sprint clients can get credits at a discount on their monthly bill, which they have to reduce. Whether you are entitled to a loan from your patron, the bank or the financial institution, you will benefit from this connection to lower your rates.
If you are already a Sprint client and want to lease a new phone, you can get credit for a Sprint Loyalty Service. The amount of credit varies. For example, if you lease a new phone for $20 per mount, your loyalty service credit will be worth $15 – your lease rate will be $5 per mount.
A personal guarantee is a legal promise by an individual to repay a loan made to their business with their own personal assets if the business is unable to repay the debt. So if the business defaults on its loan payments, the lender has the right to seize the business owner's personal assets to recoup its losses.
If you are applying for a small business loan, you are probably full of optimism and perhaps a little anxious. But when reviewing your loan offer, you may find that it includes a personal guaranty.
A personal guarantee is a legal clause designed to protect the lender in a situation where the business cannot repay its debts. If you sign a personal guarantee as a business owner, you may be putting your own and your family's financial future at risk. So before you sign on the dotted line, make sure you know exactly what a personal guarantee is and what types of guarantees are most common in your business loan agreement.
With a night reduction of the heating you can reduce the heating costs. This sweeping statement is not without controversy. A lot depends on the conditions on site, especially the insulation and the mass of the building. We show you how night-time heating reduction works, how much you can save and what you should bear in mind.
If you turn down the thermostat on the radiator, less hot water flows through your radiator. The room cools down, but the heat (not needed at night) is still retained in the heating system. Simply turning down the regulator on the radiator is not a night setback and does not really help you save on heating costs.
When the heating is lowered at night, the temperature at which the heating water flows into the heating pipe system is reduced, the so-called flow temperature. Not only does the burner have to work less, it also reduces heat losses in the pipe system, which vary depending on the insulation of the pipes.
Especially with older heating systems, the settings required for night setback are very complicated to make. Even professionals often shy away from the control centers of old heating systems. However, heating modernization and networked smart home heating technology have made the operation and control of a night setback much easier.
Typically, a night setback reduces the supply temperature by 5 to 8 degrees Celsius. With it naturally also less hot water arrives at the radiators and these can deliver then less warmth. But this effect is just desired at night.
Another problem of temperature reduction overnight in apartment buildings are the different living habits. While for some a lowering is ideal starting from 22 o'clock, the "night-active" inhabitant of house must shiver so perhaps before its sleep time unpleasantly. This is relatively easy to clarify in the case of a gas heating system, but it leads to tangible conflict potential in large apartment buildings with central heating.
Switching off the heating completely at night – quite apart from the loss of comfort and the winter risks – makes little sense. More energy would be needed to heat up the rooms and the cooled down walls than would be saved by switching it off.
In addition to night setback, day setback can be just as useful. If no one is in the house during the day, the heating should also be reduced for a few hours. It is important to have a good time setting, so that the house is warm exactly when the residents want it to be. With a digital heating control – modern heaters have a corresponding interface, older heaters can be retrofitted – the desired temperature can be conveniently selected on the go.
Due to the current Covid-19 pandemic, car dealers are challenged to amp up their online sales and marketing strategies.
While this set-up has existed for years, online car buying has dramatically increased due to community lockdowns implemented by the government.
Genuine online car sites are now everywhere on the internet. Aside from being hassle-free, it provides a wide range of offers that you can check out even while staying at home.
Many decisions in our everyday life are already made by artificial intelligence (AI), whether we realize it or not. But it is far from perfect. Errors of AIs are not just minor inconveniences. They can lead to racism and other forms of discrimination and bring with them serious problems.
***Trigger warning: In the article, racist discrimination through artificial intelligence is discussed and listed in the form of examples.***