Thursday, April 25, 2024
Financial analysis is the process of evaluating a company’s financial performance and health. It involves the examination of financial statements, such as the balance sheet, income statement, and cash flow statement, to determine the company’s liquidity, solvency, and profitability. By analyzing these statements, an investor or financial analyst can gain […]
According to FICO, the average credit score in America for 2021 is 716. In general, this is a good credit score, but it’s only the average score, and about 11.1 percent of American consumers have poor credit scores, i.e., scores less than 550. Are you one of them? Credit scores […]
When you first get married, financial planning will be the last thing on your mind. You will still be high on the pure joy of the wedding, the honeymoon, and looking forward to a future together. However, money is at the root of many disputes between married couples. So, the […]
Schools don’t usually teach finance as part of the regular curriculum. But after we graduate, we will begin taking on economic responsibilities that can have life-long consequences, both positive and negative. Here are some of the most important concepts to know as early on as possible. Inflation Inflation is the […]
From smallest to biggest, financial decisions depend on credit rating. Either you buy an expensive car or take a microwave on installments, the credit rating is sure to play its role. However, situations happen, you fall into credit score issues, and countless adverse circumstances follow behind. The major issues with […]
If your business is finding itself up against the wall with finances, how long do you have until panic sets in? Many small businesses go through tough stretches where money is tight. That said you do not want it to become the norm. If it does, you could be on […]
My colleague, Kalen Smith is a fellow entrepreneur and personal finance writer. Kalen went into business for himself eight years ago and recently admitted the first year didn’t go as smoothly as he planned. “I passed up on several high-paying engineering jobs to start my own digital marketing business. It […]
Checking your bank account to find that you’re low on money can leave you with a sinking feeling in your stomach. With bills to pay on the horizon, it can be hard to think clearly when you’re in a bad financial spot. The fact is that this has happened to […]
Today’s financial world is ruled by its specific written and unwritten rules. Each person who starts any financial activity is observed, studied, checked, and his or her assets are carefully assessed. Financial background and reputation are crucial for those issues. The client’s business behavior is analyzed based on the next […]
Money management is not only made for big companies or the rich but for everyone whether you make more or less. Many individuals are always in quest how to live a life so full and worry-free financially. The problem, however, is while many would want to start building their own […]
Most people tend to think that working endlessly to achieve the standards, is the end of all struggles. But in reality, the key to understanding financial stability is maintaining balance in prospects of living that are other (and often more important) than earning. Wanting to achieve financial goals forever? We have a […]
For many households in the U.S., debt is a part of life. In fact, the average home carries a total debt of $132,529. This number includes credit card debt, but also mortgages, car notes, student loans and other financial obligations. If you are one of the many people who have […]