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 […]
Personal Finance
Knowing how to manage your personal finances is one of the best ways to live a satisfactory life, although it can sometimes be overwhelming. Besides, there is little time left for planning after you have used up considerable time working and earning.
Most individuals find it challenging, while others do not even know how to manage or handle their personal finances and some rely on the help of professionals to make financial decisions.
If you fall into any of these categories, you're in the right place. The articles in this category deal sufficiently with everything you need to know about your personal finance and how to manage it.
If you patiently go through the articles in the category, you will discover that we have put together articles that offer a practical approach to managing your finances. We also publish articles that guide you in choosing the best financial advisor.
Articles in this category also look into the issues of banks, how to go about them, and situations involving court proceedings.
Some topics you'd find in this category include:
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 […]
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 […]
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 […]
How to Find Outstanding Checks on a Bank Statement- Expert Guide
At the end of each financial period, companies go through a bank statement reconciliation process to understand any differences between the company’s record of cash deposits and withdrawals and the account statement issued by the bank. In 2023, the average U.S. business had 5.3 outstanding checks per month-end bank statement, with a total value of […]
What is a Transaction Processing System TPS? Features, Examples, and Importance
Keeping track of your transactions is crucial! If you’re a business owner looking to operate in different segments of society, then you should invest in the technology of the Transaction Processing System. A Transaction Processing System (TPS) is an information system that captures, processes, and stores business transactions, ensuring data integrity and efficiency. In 2023, TPS […]
What do Capital Goods Jobs Pay?
What do Capital Goods Jobs Pay? This is a very good question for those that want to work in this field. But before we answer the question, let us take a look at what is meant by capital goods. Capital goods are the equipment, structures, and other man-made manufacturing infrastructure required to produce everyday objects. […]
Counterfeit Money vs Real Money- How to Know the Difference
The circulation of counterfeit money is no longer news. If you’ve ever been a victim, you can tell it’s devastating. The U.S. Secret Service seized $22 million in counterfeit currency in 2023, with an estimated $70 million to $200 million in fake bills circulating at any time, according to the United States Department of Treasury. […]
Bank Account Application Denied- How to go about It!
Everyone, in one way or another, needs a bank account to make transactions. The process of getting a bank account is very easy, but due to some issues, some people’s account applications get denied. Bank account issues are very delicate and should be treated with caution. When issues like that happen, it’s always best to […]