Cash flow management is often considered the most crucial piece of managing a budget. It’s very important to have both short term and long term analytical outlooks of how much spendable cash you or your business have at the end of each day. By properly managing your cash flow, businesses can grow month over month…
So, you’ve contemplated buying some gold, but you are not yet 100% sure whether or not it’s the right thing to do. If you’re somewhat still in the dark as to how the gold trading business works, don’t despair – you are not alone. A lot of people who are still in the planning stages…
Trading comes with risk. No matter what asset you’re trading, no matter how you plan to trade, there will always be the risk of losing capital. However, there are ways to dial down that risk. These strategies are called capital management or loss exposure strategies. Today, we’ll talk about what capital management is, the two…
For many people, owning a home is the fulfilment of their childhood dreams. For others, not so. Purchasing a home is one of life’s biggest decisions most of us will make, while others will content themselves with just renting for the rest of their lives. Which one are you? Advantages and Disadvantages of Owning a…
Some people have short memories or perhaps they are just born optimists. The level of debt in the USA is growing at the fastest rate since the recession hit. The Federal Reserve Bank of New York has reported that the current level of consumer debt is $11.52 trillion higher than it was towards the end…
Ponzi Possibly the most famous scam, Ponzi scams involve a primary con-artist who collects funds from fresh investors and uses it to pay dividends to earlier investors. Ponzi schemes fail when the thief at the center of the scam no longer can draw fresh investors or if too many investors try to get their…
Retiring early is one of those frequent thoughts that cross our mind during work-weary stress filled days. Giving it a thought is not bad and acting upon it might just work out great. So if you happen to be one of those thinking of work-free days and spending quality time with family, here are a…
These days, you can do a lot of financial transactions online, including personal loans. However, even with the promise of fast and easy applications, a lot of people are often understandably weary of the possibility that they may be denied for the loan. As a result, here are some handy tips and tricks that can…
This is it. You’re walking across the graduation stage and about to get your diploma for your bachelor’s degree. Congratulations! Now, what next? In your mind, there is a checklist of the things you want to do. Look for a job. Earn money. Be successful. Be independent. Some college graduates already have an idea…
As the cloud-computing revolution continues, small business owners are likely shopping for new accounting software to bring their operation up to today’s technology standards and make it more efficient. Cloud accounting allows for multiple users, seamless data entry, greater security and more flexibility. Software can be accessed through a web browser or a mobile app,…