In the financial world, earnings per share (EPS) is a commonly used phrase, particularly in the stock market. Earning per share represents a portion of a company’s profit that is allocated to one share of stock. Therefore, if you were to multiply the EPS by the total number of shares a company has, you would […]
Secured and Unsecured Debt: What’s the Difference?
There are two main kinds of debts that we know, secured debt and unsecured debt. By examining the difference between the two types, it will give you better understanding the risk of borrowing money, loan, as well as for prioritizing debts and making sure keeping your assets. In general, the main difference between the two […]
SEO: What and Why?
In the internet era, consumers often use it first and foremost to search for information of services, goods, and providers. This is a vital information and makes search engine marketing (SEM) an essential component of the internet business marketing plan. The goal of SEM is driving the traffic to the specific website with the intention […]
How Do Commercial Banks Make Money?
Whatever related to money, it means business. This is certainly what banks do. Like any other business, banks need to make money and they do this in a number of different ways. There are three main ways banks make money: by charging fees for services they provide, by charging interest on money that they lend, […]
Why do We Need to Consolidate Credit Card Debt?
More people have more access to credit card and it means credit card debt is growing. Based on the case in the US, the average household with debt carries $15,762 in credit card debt. Furthermore, the average interest rate is 13.70%, which means American families could pay more than $2,000 of interest over the next […]
What is the Difference Between APR and APY?
The two terms confusing concepts of Annual percentage rate (APR) and annual percentage yield (APY) often used a lot in banking and financial industry. Having the understanding of the difference of these two can assist you in making better and more informed financial decisions. Whenever comparing APR vs. APY it refers to the periodic interest […]
Ways to Budget for Holiday
Holiday is the event that everyone expects; relax from daily routine to refresh both mentally and physically. Whether it’s snorkelling on the Great Barrier Reef or going on safari in the Serengeti, your next holiday will cost money. It’s much better to save as much as you can before you leave, so you don’t rely […]
How to Stop Emotional Spending
Emotional spending arises when an individual spends money for the sole purpose of improving the mood. Some reasons people engage in emotional spending are to maybe relate an individual’s state to improve or maintain a mood, to cope with stress, to deal with loneliness, and to improve self-esteem. Individuals sometimes use emotional spending to manage […]
Measuring the Diamond: Understanding the 4Cs
A diamond value, rarity and beauty are determined by features that are commonly known as the 4 Cs. These refer to colour, clarity, carat and cut. Before deciding on purchasing a diamond or diamond in the jewellery, it is vital to understand why two diamonds that may look exactly the identical are actually valued differently. […]
Ways to Pay Off Any Loan Faster
Whether it is consumer debt on credit cards, student loans or a mortgage, most people find themselves weighed down by debt at some point in their lives. Having this financial burden will add more stress in life. By paying loan faster it will definitely help to reduce the pressure. Here are steps that can ease […]
