What the bank must tell you
Banks in Israel are obliged by law to provide their customers with complete, reliable information in writing and must actively prevent the risk of misleading the customer in relation to the terms agreed upon with them. What does this mean and what is your role in it? So what does the bank have to tell […]
What is a banking ID card and what is it used for?
Recognizing your banking ID report as a first step in understanding your financial situation
The Paamonim App
After helping more than 80,000 households over more than twenty years of operations, we are excited to offer you the opportunity to benefit from the Paamonim foundation’s financial tracking and management system. Using the app, you will gain a complete picture of your financial situation, plan your income and expanses according to the budget you […]
Tips for a Safe and Budget-Friendly Winter
Winter is a season that brings its own special charm, along with unique expenses and challenges. From heating bills to cold and flu season, from rainy commutes to cozy evenings at home, this time of year calls for a bit of extra planning. The good news? With some smart preparation and a few practical adjustments, […]
How to Calculate Tax Credit Points in Israel: A Practical Guide to Understanding the Israeli Tax System and Saving Money
Introduction: How the Israeli Tax System Works In many countries around the world, every citizen is required to file an annual tax return. In Israel, however, most employees don’t need to file a report themselves because the tax system is based on the employer’s payroll system. The advantage – simplicity. Your employer calculates and deducts […]
What is a Right of Survivorship form?
What is a Right of Survivorship form? Filling out a right of survivorship form at the bank prevents a jointly held bank account from being frozen upon the death of one of its owners, such as a parent or a spouse. This allows the remaining account holders to continue using the account without interruptions. What […]
Recommendation: “If you go out, you reach wonderful places” by Dr. Seuss
Keter Publishing.
Financial assistance for children by elderly parents
Does parental financial assistance reflect their concern for their adult children? When does the obligation of parents to financially support their children end? Are parents obligated to put their children’s needs at the expense of taking care of themselves? These questions and more we will try to answer in this article