Invest
The 家計簿 (kakeibo) - literally household finance ledger - is the essential tool used by any money-savvy Japanese to manage the household finances. She would diligently keep up her kakeibo every day, noting down items in each budget category. Kakeibo promises an automatic saving of 35% on the household finances
Invest
If you're like many people, you may think that investing in wine is only for the wealthy. However, this isn't necessarily true! There are a number of ways to get started with wine investing, and it can be a great way to add some diversity to
Invest
When it comes to investing, there are two main schools of thought – technical analysis and fundamental analysis. Technical analysis focuses on price movements and patterns, while fundamental analysis looks at a company's financials and underlying factors. Let's take a look at how you can use them
Invest
Diamonds are a girl's best friend, or so says a famous jazz song by Carol Channing. Diamonds, the gems that have symbolized love and marriage for decades, are beginning to attract wealthy investors as a commodity investment with potentially high returns and have, even more than gold, always
Invest
A (wrong) assumption is that kids don't and should not hear anything about money because "they are kids", "should just think about playing" and different variations of the statements. Well, this couldn't be more far from truth. In fact, kids hear about
Invest
There is an old saying that goes like: "Money can't buy happiness". My answer to it is "Then try to live without money". Jokes aside, there are a couple factors to consider: * The context you live in: being poor, wealthy or even rich depends
Invest
To understand what is compounding, instead of starting with the theory, let's start with a picture. Imagine that you invested $10,000 for 30 years at 5% interest rate, in one case with compounding and in another without. You can see the result in the chart below: The
Invest
To put in practice the theory on how an income statement is structured (in the article HERE), let's take a look at a couple income statements. I don't want to make you certified accountants therefore we'll just focus on the main peculiarities of the
Invest
It provides a summary of how cash flows have been created or dissolved during the fiscal period. The stress is on cash cause profit (in the income statement) is based on promises, not money coming in. So if you want to know whether a company has cash to pay employees,
Invest
To put in practice the theory on how an income statement is structured (in the article HERE), let's take a look at a couple income statements. I don't want to make you certified accountants therefore we'll just focus on the main peculiarities of the
Invest
The income statement is also called a profit and loss statement, P&L, statement of earnings, or statement of operations. The first important observation is that, as I covered in the financial statements introduction post, the income statement does not show the cash-in and cash-out of the company but
Invest
To put in practice the theory on how a balance sheet is structured (from the article HERE), let's take a look at a couple balance sheets. I don't want to make you certified accountants therefore we'll just focus on the main peculiarities of the