When someone owns a car, he needs to protect this investment. To protect this investment, one must insure his auto property with an auto insurance company to meet unexpected expenses
Understanding the basic financial terms is required to assess market trends, make informed decisions, manage risks and finances, and, most importantly, forecast and plan. So, entrepreneurs, any business personnel, or,
Debt refers to money borrowed by one party from any other party to serve financial needs. Debt is a financial liability involving an agreement between the borrower and the lender
Investing in dividend stocks is one of the best ways to invest; though it is a long-term strategy, it generally gives higher yields. Dividends can provide regular income, but stock
An emergency fund is the amount of cash put aside to use in case of emergency, i.e., financial distress or unplanned expenses. It aims to improve economic stability that can
Ever wondered how do banks work? Banks are crucial financial institutions for the smooth functioning of the global financial ecosystem. They vary depending on the functioning and specific purpose they
An Exchange rate is a rate at which one country's currency can be exchanged with another country's currency. It is crucial to determine the values of different currencies to one
The opportunities for generating income have been consistently evolving. The advent of the internet and the introduction and evolution of social media platforms diversified the income spectrum to the next levels.
To establish an economic and financial profile, one has to learn basic economic terminologies well. GDP, being one the most essential terms frequently used in economic literature, needs a clear
Inflation is a general increase in the prices of goods and services over a period that results in the decline of the purchasing power of money and an increase in