The consumer and commercial banking division of the American multinational banking and financial services holding company, JPMorgan Chase, is JPMorgan Chase Bank, N.A., also known as Chase Bank or simply as Chase. Its headquarters are in New York City. Chase Manhattan Bank was the name of the institution up until its 2000 merger with J.P. […]
Personal Finance Planning Process | Step-by-step Guide
Personal finance management is key to reaching your financial goals. It involves detailed planning early on, much like choosing the ideal route for your trip. Imagine you are traveling by road from Chicago to Los Angeles and you want to pick the fastest route. Prior to setting off on your trip, calculate the travel time […]
What is the Difference between Finance and Leasing?
When it comes to purchasing a new car, many tend to confuse Finance and Leasing but there is a clear difference between the two. Acquiring a vehicle can be such a significant investment, most times born out of necessity. So, you’ll do well to want to explore not just all of your financial options before […]
Is Acorn Legitimate? | Reviews of Acorn Investing
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 […]