Finance

Financial literacy is a crucial life skill in a modern, interconnected world, and part of it is understanding the nature and purpose of different types of investments. Knowledge about these different investment options empowers investors to actively participate in wealth creation and maintain control over their financial future. By learning about stocks, bonds, and mutual …

The business industry has seen a huge boom in the past couple of years, leading to many businesses shifting their goods to online platforms for better reach and accessibility. The process of kicking off a business is exciting and equally taxing since there isn’t one but various aspects to consider, from manufacturing, packaging, labelling, and …

Given how popular credit cards have become recently, it’s no wonder that you are thinking of getting one as well. Of course, this financial instrument is not exactly new and people have actually been using it for quite some time now, but that doesn’t mean that you are late to the party. Everyone does things …

While running small business firms, it is easy for the owner or entrepreneur to be carried away by the company’s performance and earning targets — the concept of saving slides away from the agenda and occupies a backseat. Owners do not realize it’s significance until the business gets washed down by an unexpected spell of …

So you have been holding off on buying that phone you want for the longest time because it’s too expensive right now. Well, you don’t have to hold off anymore.  Buying a flagship phone from a large phone manufacturer like Sony, Apple or Samsung can be quite expensive, in these cases, it would be prudent …

Measuring the market value of goods and services produced in a particular period of income monetarily is called Gross Domestic Product (GDP). This time period is normally on a quarterly or yearly basis. Nominal GDP estimates determine the economic performance of a country or a particular region. The widest use of GDP is to determine …

In very simple terms, a price-rise is inflation and a fall of price is deflation. Both co-existing and maintaining a balance is good for economic growth. However, in extreme both are dangerous for the economic growth. Inflation In the economic sense, Inflation is defined as an increase in the prices causing a fall in the …