What Is Money Management? It simply means managing your income in a way that you can live a decent life while amassing wealth as time passes. There are a lot of people who have zero knowledge about managing their money. They get their salary at month-end and splurge all of it. The result – they …
Introduction The concept of Bitcoin ETF (Exchange-Traded Funds) emerged after investors and brokers noticed the high prices of bitcoin and other cryptos were becoming more popular. These are pools of bitcoin-related assets offered on brokerage exchanges to be traded as ETFs. The sole reason for these ETFs is to give retail investors who are not …
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Bitcoin is a virtual international currency designed to act as money and form a payment beyond the control of any person, group, or entity, thus cutting the need for third-party involvement in transactions
Personal finances are managing your money and planning your future. They can help you to improve your personal finance skills.
Personal Finances According to the Women & Power survey conducted in 2022 by LXME, it has been revealed that only 9% of women in India have personal finances to invest independently through self-learning. 55% of women are either not investing or are unaware of investments. A shocking disclosure was that 33% of women do not …
How women can take charge of their personal finances; here are 7 effective ways Read More »
Why tax planning should be an all-year-round activity? Tax planning is done to manage one’s income in a manner to reduce the tax liability to the lowest. A proper tax plan utilizes the tax deductions in the most optimal way. Most people are aware of the tax deductions they are allowed by the Income Tax Act. …
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WHAT IS INTERNATIONAL TAX PLANNING? Taxes can be confusing. If you have ever studied tax, you would know how complicated it is. International Tax Planning has different tax slabs for everything. Different criteria or conditions are to be fulfilled for taking certain tax benefits. Goods and services are being manufactured and sold and then re-sold in …
What is financial accounting? Financial accounting is a branch of accounting that deals solely with financial transactions. Transactions that can be quantified accurately and expressed in monetary terms are termed financial transactions. Financial accounting is concerned with the recording, analyzing, summarizing, and reporting of financial data in the form of financial statements. Such statements are prepared by …
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Tax Planning Income tariffs in India can be confusing. Different taxation slabs for everything. You might feel a little low when you see your spendable income after the tariff is charged. Here are 4 ways in which you can claim deductions. Using these deduction provisions, you can reduce your taxable income and pay less taxation. Benefits …
The entire world is a giant village now. Isn’t it? Everyone can connect through the internet. The liberalization of the financial systems has led to the birth of a worldwide financial ecosystem(Financial Inclusion). Nations can trade with each other. The transactions can be smoothly done across countries. One might say that the financial system has become far …
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Financial Distress As the name suggests, this is a distressing situation for a company wherein it is not able to fulfill its financial obligations(Financial Distress). Financial distress is a term in corporate finance used to indicate a condition when promises to creditors of a company are broken or honored with difficulty. If financial distress cannot be relieved, it can lead to bankruptcy. Financial distress is usually …
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What is a Bitcoin? Bitcoin is a type of cryptocurrency. There are various other digital currencies like Ethereum, Litecoin, Stellar Lumen, and Zcash among others. Out of all these, Bitcoin is the most popular as it is the first of its kind. digital currency was created by an anonymous person named Mr. Satoshi Nakamoto and launched …
What is a Bitcoin and is it Scandalous to work? 4 Basics of Bitcoin Read More »
Defining Hard Fork A hard fork is a change in the rules and regulations of the operations of a cryptocurrency. A change in that of Bitcoin is known as Bitcoin Hard Fork. There are three important groups of people associated with the blockchain of Bitcoin Developers The people who develop the programming of blockchain, like …
Finance charge A finance charge is any extra money or fees over the principal that the borrower has to pay to the lender. Types of financial charges along with examples: This can be in the form of interest, transaction fee, origination fee, maintenance fee, or a late fee. Any fees incurred during a money lending …
Smart Personal Finance Management Tips As you start earning, you realize how important is financial management. Needless to say, it is a part of adulting. People learn it through trial and error. Here are some tips for financial management that you must start if you haven’t already. Emergency Fund If you are freshly employed, the first thing …
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Bitcoin cash Bitcoin cash is a cryptocurrency created in August 2017, from a fork of Bitcoin. Unlike Bitcoin, Bitcoin cash has increased the block size, to increment the transactions to be processed and improve scalability. After its creation, Bitcoin cash got a drastic growth which helped it to become the 3rd most successful cryptocurrency over a short …
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Bitcoin gold Bitcoin Gold is a hard fork of the original Bitcoin brought by Jack Liao in the year 2017. If you want to learn about a hard fork, check out this article linked at the end of the article. It gives you a detailed idea about what is a hard fork. There is a total supply …
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Bitcoin is a scarce resource like gold. A total of only 21 million bitcoins can be mined. Hence the price of one single Bitcoin is as high as $19,237, which when converted to rupees amounts to a whopping Rs. 15,19,290. Most people cannot afford to buy one single bitcoin by themselves. Also, most people would …
A step-by-step guide on how to buy bitcoin and store them. Read More »
Financial Health Financial health is a crucial parameter that determines the quality of your life. Let us have a look at certain determinants that encompass your financial health. Basic Pay Is your basic pay enough to fulfill your daily requirements? If you do not worry about, what would you have for nourishment or what would …
Financial economics Financial Economics is a field of study where finance and economics are combined to help the investors in making informed decisions regarding investments. However, this is essentially a branch of economics. This branch of economics is mostly concerned with monetary activities and investment decisions. Financial economics analyses the use and distribution of resources …
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