Coffee Is Not Guilty: A 7-Day Trial of an AMD 900 Habit
An AMD 900 weekday expense becomes AMD 237,600 a year in a simple scenario. This is not a ban on coffee, but a seven-day experiment to separate enjoyment, necessity and autopilot s
Financial blog
News and guides about loans, banks and personal finance in Armenia.
Debt Snowball or Avalanche? An AMD 980,000 Worked Example
Using three debts and a monthly AMD 75,000 budget, we compare the smallest-balance and highest-rate methods. Both finish in 15 months in this simplified example, but the avalanche
Armenia’s 7% Policy Rate: What It May Change for Loans, Deposits and the Dram
The CBA raised its policy rate to 7% on 3 November. An AMD 10 million loan scenario shows the possible effects on loans, deposits and the dram without assuming automatic pass-throu
CBA Absorbs AMD 53.7 Billion in a Two-Day Auction: What It Means
On 9 November, the CBA absorbed AMD 53.7 billion in a two-day deposit auction at a 6.9955% weighted average rate. Here is why this is not a 7% retail deposit.
Twelve Months of “0%”: When AMD 10,000 Outlives the Purchase
An AMD 120,000 example shows why shoppers should compare the cash price, total payable, APR and all active monthly commitments instead of focusing only on “AMD 10,000/month.”
Loan Refinancing: 5 Calculations Before You Sign a New Agreement
Using an AMD 2 million balance, calculate the monthly payment, total cost, switching-cost break-even point and the hidden price of a longer term.
AMD 10 Million Car Loan for 48 Months: Rates, CASCO and the Real Choice
We compare new-car loans from Inecobank, Evocabank and Ameriabank by rate, down payment, term and CASCO. In a simplified AMD 10 million/48-month scenario, the theoretical payment i
Free Delivery’s AMD 2,200 Joke: When the Cart Does the Math Better
Paying AMD 800 delivery on an AMD 17,000 order can be cheaper than reaching an AMD 20,000 free-delivery threshold. A simple calculation and five checks reveal whether the cart save
AMD 2 Million in a Savings Account: Rates, Conditions and Real Returns at Four Banks
We compare AMD savings accounts at Acba, Ameriabank, Evocabank and IDBank using the same AMD 2 million, 12-month scenario. Simplified after-tax interest is about AMD 27,000–90,000,
The Fridge Financial Audit: 20 Minutes to Waste Less Food and Money
A refrigerator is not a bank, yet grocery money can still sit forgotten inside it. This 20-minute audit finds food to use first, improves the shopping list and turns an example AMD
Gold Is Rising Again: What Demand, the Dram and Risks Show
Gold is rebounding on 5 November, but an Armenian saver’s result also depends on USD/AMD, purity, spreads and storage costs. We analyse the demand drivers and AMD examples for 1g a
Armenia’s October Inflation Holds at 4.3% as Food Price Growth Slows
Annual inflation held at 4.3% in October, while consumer prices rose 0.3% from September. Food inflation eased to 5.6%, but annual housing and utility inflation accelerated to 3.5%
Cashback Is Not Income: The Small 2% Joke Behind a 100% Bill
Cashback is a pleasant rebate, not a reason to buy. Using a simple AMD 200,000 example, we calculate the card fee, caps and true net benefit without casting the wallet as a hero.
Credit-Card Minimum Payments: How to Clear an AMD 300,000 Balance Faster
Using a simple AMD 300,000 card-balance example, we show how a fixed monthly payment can cut payoff time and interest, with a practical five-step plan.
AMD 20 Million Mortgage for 15 Years: Green and Standard Options Compared
We compare Acba and Evocabank NMC-refinanced mortgages under the same AMD 20 million, 15-year scenario. The simplified payment is about AMD 240,000–273,000, but APR, down payment a
CBA Raises the Policy Rate to 7.00%: What Changed
On 3 November, the Central Bank of Armenia raised its policy rate by 0.25 percentage points to 7.00%. We explain the reasons and what the decision may mean for loans, deposits and
The Utility-Bill Meeting Is Open: Three Calm Ways to Split AMD 60,000
November household bills do not have to be split only 50/50. Using an AMD 60,000 example, we compare equal, income-based and hybrid methods without turning the wallet into a drama.
Build an Emergency Fund in Three Steps: From AMD 60,000 to AMD 720,000
An emergency fund can be built through three reachable milestones: one week, one month and three months of essential expenses. Using an AMD 240,000 monthly essentials budget, we ca
Financing a New AMD 10 Million Car: Three Armenian Bank Loans Compared
We compare AMIO Bank, Fast Bank and Inecobank under the same AMD 8 million, 48-month scenario. Theoretical payments are about AMD 217,000–223,000, but APR, CASCO and adjustable-rat
CBA’s Latest Exchange Rates: Dollar at AMD 360.50, Euro at AMD 403.90
On the morning of 3 November, the CBA’s latest available row, dated 2 November, put the dollar at AMD 360.50, the euro at AMD 403.90 and the ruble at AMD 4.4452. Over one business
Your Wallet Requested a Meeting: A 20-Minute Weekly Money Check
Give Monday 20 minutes to review your balance, upcoming bills and a free-spending limit. A simple example shows how to begin the week without dramatic negotiations with your wallet
Turn Annual Bills into a Monthly Budget: Two Formulas and an AMD 540,000 Example
Use two simple formulas to spread insurance, school costs, car maintenance and holiday spending across the year without draining emergency savings.
CBA Rate Decision Due 3 November: What to Watch
The Central Bank of Armenia will publish its next rate decision on 3 November. The current rate is 6.75%; here are the confirmed facts and practical points, without a forecast.
20% Fuel Cashback: Acba’s Campaign Runs Through 23 November
Acba offers 20% cashback at SHELL and FLASH fuel stations with its American Express Cashback card, capped at AMD 5,000. We calculate the cap and explain the terms and credit-line r
IDBank Launches Perpetual Dollar Bonds: 8.25% for the First Three Years
IDBank began placing USD 30 million of perpetual dollar bonds on 2 November. The coupon is 8.25% for 36 months, then SOFR + 4.35% within a 6.25–9.25% range.
Fed, ECB and CBA Rates: What the Three-Way Gap Means for the Armenian Dram
The Fed held its 3.75–4.00% target range, the ECB kept its deposit rate at 2.50%, while the CBA policy rate stands at 6.75%. We examine what this gap may mean for the dram, FX savi
Armenia’s International Reserves Reach $6.67 Billion: What Changed in September
The CBA’s 30 October release puts official reserve assets at $6.666 billion at end-September, about 2% higher than a month earlier. Here is what this buffer is, and what its rise d
World Savings Day: 7 Small Steps to Keep Your Budget from Becoming a Horror Film
For World Savings Day on October 31, seven realistic steps to turn small amounts into a saving habit and emergency reserve, without guilt.
5 Steps to Check Your Credit History Before Applying for a New Loan
How to obtain your free full credit report, spot errors, calculate a personal debt-payment ratio, and dispute incorrect data before applying for a new loan.
Depositing AMD 1 Million: Comparing Near-One-Year Terms at Three Armenian Banks
We compare AMD deposits from Evocabank, IDBank and Converse Bank using an AMD 1 million, near-one-year scenario, including after-tax income, early-exit rules and deposit-guarantee
Ameriabank’s Updated Card Terms Take Effect: What Changed on 30 October
From 30 October, Ameriabank’s card terms include updated foreign-currency conversion wording and a new notification option. Here is what to check before an overseas purchase.
Subscriptions on the Night Shift: Find Quiet Recurring Charges in 15 Minutes
Audit statements and app stores in 15 minutes, calculate the annual cost of subscriptions, and stop the next renewal for services you no longer use.
Debt Snowball vs Avalanche: Which Method Saves More Interest?
A simple three-debt calculation compares the snowball and avalanche methods, shows the interest difference, and gives a six-step repayment plan.
Consumer Loan Comparison: What AMD 1 Million Costs at Three Banks
We compare published terms from Ardshinbank, Acba and Inecobank using the same AMD 1 million/36-month scenario, including nominal rates, APR, monthly payments and risks.
CBA’s Latest Exchange Rates: Dollar at AMD 360.51, Euro at AMD 400.96
On the morning of 29 October, the CBA’s latest available series put the US dollar at AMD 360.51, the euro at AMD 400.96 and the ruble at AMD 4.4754. All three edged lower in one da
The Discount Shouts, the Calculator Whispers: A 5-Minute Check Before You Buy
A discount percentage is not yet a saving. In five steps, check the reference price, total cost, return terms, and actual need without shaming yourself for shopping.
Armenia Raises the Countercyclical Capital Buffer to 2.25%: What It Means
Armenia's 2.25% countercyclical buffer, effective 1 May 2027, is a bank capital requirement, not a new loan rate. Here is what borrowers should know.