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
Student loan forgiveness is becoming a critical topic in the financial landscape of the United States. According to the Federal Reserve Board, cumulative student debt has ballooned over $1.72 trillion
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,
A mortgage is a loan secured against a real property, meaning that when you take mortgage loans, the lender claims your property, i.e., the lender can acquire your property if
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
Paper money or paper currency is a type of fiat money made of paper. The need for paper currency rose because of portability issues with commodity money (primarily coins). An
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.