Is Acorn Legitimate? Acorns, launched in 2014, has grown into a prominent micro-investing platform, amassing over 14 million users by 2025 who have collectively invested more than $25 billion, largely through spare change (Acorns Official Site, 2025). Regulated by the SEC and FINRA, with SIPC protection up to $500,000 per account, its legitimacy is bolstered […]
How To Build A Website For Business
Starting a business can be daunting. The good news is, even though you can’t work 24/7 without sleeping, your website absolutely can. Imagine having a salesperson you employ for cheap. He takes no salary from you yet works round the clock to meet up with customer inquiries and orders from all over the world. It […]
What is Strategic Financial Management?
Strategic financial management blends financial oversight with long-term planning, with 70% of CFOs in 2023 identifying it as essential for adapting to volatile markets (Deloitte, 2023). In 2024, firms using strategic financial approaches grew 30% faster than peers, leveraging data-driven decisions (Journal of Management Sciences, 2024). Globally, 85% of U.S. companies plan to boost financial […]
How Loan refinancing Works | Step-by-Step Guide
Loan refinancing allows borrowers to replace an existing loan with a new one, often to secure better terms, with 75% of U.S. mortgage refinances in 2023 aimed at lowering monthly payments (Freddie Mac, 2024). In 2024, refinancing activity surged by 67.2% year-over-year, driven by a drop in 30-year mortgage rates from 7.04% to 6.30% (Fannie […]
Best Financial Planning for Family
Effective financial planning is vital for families, as 36% of U.S. households lacked a long-term financial plan in 2024, leaving them vulnerable to economic shocks (Fortunly, 2025). In 2023, the average U.S. family net worth hit $1.06 million, yet the median was just $192,700, showing wealth disparities that planning can address (Federal Reserve, 2024). A […]
How to Practice Financial Modeling
Financial modeling, a cornerstone skill for finance professionals, saw 68% of U.S. investment firms prioritize it in hiring decisions in 2023 (CFA Institute, 2023). Globally, 75% of financial institutions now leverage AI-driven models, boosting forecast accuracy by 20% (McKinsey, 2023). Demand for expertise is soaring, with financial modeling course enrollments on platforms like Coursera spiking […]
“Does Refinancing Hurt Your Credit? Key Numbers”?
Refinancing can cause a temporary credit score drop, with a 2023 Experian study finding an average decrease of 7-15 points due to hard inquiries and new account openings (Experian, 2023). Data from FICO in 2024 shows that 62% of borrowers see their score recover within 6 months, though 12% experience a persistent decline of 20+ […]
Traditional Economy System Advantages And Disadvantages
Traditional economies, often found in rural areas, saw 60% of households in sub-Saharan Africa relying on subsistence farming in 2022, promoting sustainability but limiting income growth to 1.5% annually (World Bank, 2023). In 2021, Papua New Guinea’s traditional barter systems supported 83% of its rural population, fostering community cohesion yet contributing to a 45% poverty […]
Social Media Impact on Business: Key Stats
Social media adoption by U.S. small businesses increased revenue by 24% on average in 2023, with 78% of firms reporting improved customer engagement (U.S. Chamber of Commerce, 2024). Companies with active social media presence saw a 15% higher customer retention rate in 2024 compared to those without, based on a survey of 1,000 businesses (Forbes […]
10 Best Online Loans in Nigeria: Monthly Stats
The introduction of online loans with monthly payments has become a popular financing option for individuals and businesses in Nigeria. These loans offer flexible repayment plans, allowing borrowers to pay back their loans in manageable installments over a period of time. In 2023, FairMoney disbursed over ₦50 billion in loans to 1.3 million Nigerian users, […]
Best Disney Plus Student Discount
Disney Plus does not offer a direct student discount as of March 25, 2025, but students can access a 15% discount on a 12-month subscription through Student Beans, reducing the annual cost from $139.99 to $118.99 (Student Beans, 2025). Approximately 1.2 million U.S. college students subscribed to Disney Plus in 2023, with bundled discounts like […]
Best Discovery Plus Military Discount
Discovery Plus previously offered a 40% military discount, reducing the Ad-Lite plan from $4.99 to $2.99 per month for active-duty members, reservists, veterans, and their families, but this was discontinued for new subscribers on June 1, 2023 (Streaming Better, 2023). As of March 25, 2025, only existing military subscribers retain this rate, with an estimated […]
Mastering Cash Flow: Key Statistics and Strategies for Financial Success
Cash flow from operations for U.S. public companies averaged $1.2 trillion quarterly in 2023, reflecting robust liquidity despite economic uncertainty (Federal Reserve Economic Data, 2024). Small businesses with positive cash flow have a 72% survival rate past five years, compared to 18% for those with negative cash flow, highlighting its critical role (U.S. Small Business […]
Yahoo Finance: News, Networth, How they Started, and Api Guide
Yahoo Finance, launched in 1997 by founders Jerry Yang and David Filo, generates revenue primarily through advertising, with 2023 estimates suggesting over $8 billion in annual earnings, bolstered by its 100 million monthly users (Investopedia, 2025). Net worth data from Yahoo Finance indicates the average U.S. family net worth reached $1.06 million in 2022, skewed […]
10 Best Investing Books for Beginners
Whether you want to grow your finances, get a grip on your finances, increase your financial management abilities, or just change the way you spend your money, there are the best investing books for beginners to help you. Investing books are designed to provide us with invaluable insights to help us improve our financial lives. […]