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+ […]
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:
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 […]
How to Apply for a Personal Loan and Get Approval Immediately
A personal loan can assist you in making a large purchase, paying off debt more quickly, covering an unforeseen expense, or getting over a financial rough patch. The majority of personal loans are unsecured and easily accessible through banks, credit unions, and online lenders. Personal loans come in a variety of forms, including debt consolidation […]
Boost Sales and Profits: Master Video Product Presentation
Including a video on a product page can increase conversions by 86%, according to a 2023 study by Wishpond. Research from Wyzowl (2025) shows that 87% of marketers report video directly boosts sales by enhancing customer trust and engagement. A 2022 Vidyard report found that B2B companies using product demo videos see 49% faster revenue […]
Reliabank Online Banking
Reliabank Online Banking offers secure, convenient access to accounts, enabling users to manage finances, transfer funds, and pay bills anytime via a browser or mobile app. In 2023, digital banking usage surged, with 78% of U.S. adults preferring online or mobile platforms, according to the American Bankers Association. Online businesses also prioritize security by implementing […]
50 Fun Banking Trivia Questions and Answers
Money makes the economy go around, but where did it all begin? From Mesopotamian clay tokens to the digital age, banking has a rich and surprising history. Various books contain information about the banking industry’s history and the workings of the banking industry. That’s why we’ve created these 50 fun banking trivia questions and answers […]