Finance

When I first started investing, I thought all I had to do was pick a few stocks and let them grow. I figured the market would keep going up, and I wouldn’t need to worry much about the details. But over time, I noticed that some of my investments had grown a lot, while others hadn’t done so well. My portfolio started to get out of balance, and I re…

Investment opportunities are constantly being modified at warp speed, and you must have ample knowledge about them. The banking and finance sector seems challenging if you are unprepared. When it comes to investing, you might stumble at a point, that is, understanding index funds vs mutual funds returns and which one is better offering long-term gr…

When you retire, the idea of a peaceful life free from work stress is something we all look forward to. However, one thing that might surprise you is how taxes can impact your retirement income. Some states are much less tax-friendly than others, making it harder to keep more of your hard-earned savings. This article will discuss the least tax-f…

Introduction:  In the field of personal finance, understanding the difference between simple interest and compound interest is crucial. Whether you're saving money, investing, or taking out a loan, knowing how these two types of interest work can have a significant impact on your financial outcomes. In this article, we’ll break down the concept …

Taxation is a fundamental aspect of economic policy that affects individuals, businesses, and governments worldwide. Understanding the principles of taxation is crucial for citizens and policymakers, as it provides a framework for fair and effective tax systems.  This article explores some of the key taxation principles, their implications,…

Introduction  Banking and finance mainly focus on managing and transferring funds to generate capital and maintain economic growth. Banks are the connecting blocks between people and businesses. It allows them to invest and transfer funds and provides other services like loans, mortgages, and credit cards. Financial terms are simple to list…

Imagine you have a piggy bank full of candy. That candy is like a company’s money. But what if you borrowed some candy from your friend to buy more? That borrowed candy would be a liability – something you owe to your friend. Liability in accounting is debts or promises to pay someone back. Companies have lots of liabilities, like money they owe…

Introduction  The world of banking is tricky to understand. Isn’t it scary when you listen to terms like mortgage-backed security, CDO (Collateralized Debt Obligation), and subprime mortgage? All of these terms are linked to the doomsday depicted in the big short. The big short exposed the hidden risks and crimes that appeared to be safe in…

Many people struggle with money and personal finances. It can be tough and challenging, but knowing about the common mistakes people make can help you avoid expensive problems. Mistakes like not budgeting well or poor planning for retirement can lead to debt and stress about money. Learning to manage personal finances wisely is important for achiev…

FinTech (financial technology) is changing how small businesses work. It helps with everything from managing money to entering new markets, making it important for the growth of small businesses. With the availability of several tools and services, FinTech helps small businesses by making it easier to access financial resources, automating everyday…