Have you wondered why prices of food, clothes and other commodities are steadily going up in a fast rate? Or why P100 worth more twenty years ago than today? The answer for these questions is due to INFLATION. Basically, inflation is the enemy of money. It reduces the buying power of your money on hand. […]
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Foreign Exchange Trading or FOREX trading is becoming popular recently. There are lots of website offering forex trading for its customers. Actually, it is an old business. However, online FOREX trading is somewhat a new emerging business. Forex trading is a billion dollar industry and many people are wanting to be a part of this […]
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What is a financial statement? In layman’s term, financial statement shows you where a company’s money came from, where it went and where it is now. Reading a financial statement can be hard to some people but once you learned the basics of financial statement, it will be easy just like reading an electricity, credit […]
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What is financial education? Financial education is a systematic learning of an individual on financial management, investments and money making opportunities so that he will achieve financial freedom. Financial education or sometimes called financial literacy became increasingly important nowadays due to several factors. One factor that made financial education popular nowadays is the global economic […]
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Interest is a fee paid on borrowed assets. It is the price paid for the use of borrowed money, for example you made a loan in a bank so there’s a certain amount of money you need to pay aside from the principal amount. Interest also can be money earned by deposited funds. The most […]
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Updated: July 28, 2011 Do you have debt? I think most of people have debt or had been in debt before. If you’re in debt, I think is your responsibility to pay for it faithfully. Even the Philippine government has debt because of budget deficit, the government needs to borrow money from domestic or foreign […]
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Earning money is hard but it is even harder if you lose what you earned and saved. That’s why it is very important to be careful and vigilant in choosing a financial investment. There are so many scams nowadays circulating online and offline. In selecting financial investment, its advisable to study it first several times […]
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