Here CCT writers help people understand the basics of financial planning, share tips on saving money, the path to success & ideas on breaking bad money habits.
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 …
Social media has revolutionized the communication system between people. There are several platforms like Facebook, Instagram, WhatsApp, TikTok, etc. Social media has given rise to a great number of personal financial advisors related to funds who are termed “influencers”. These personal finance advisors use social media platforms to share their views on personal money control …
Best 7 Personal finance advisors to look out for in 2023 Read More »
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 …
Reasons why bank rejects your home loan A home loan is a kind of secured loan that is provided by financial institutions such as banks to purchase a property. The property is taken as collateral by the banks. Banks offer loans for the long term and the interest rates are lower than other kinds of …
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 …
Smart Personal Finance Management Tips to Apply Today Read More »
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 …
What is Bitcoin Cash? How Do Bitcoin and Crypto Work? Read More »
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 …
The real story behind Bitcoin Gold & its fundamental (BTG) Read More »
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 …
What is financial economics definition & its main methods of analysis? Read More »
Financial Engineering Finance and engineering (Financial Engineering) in the same term! Now that sounds out of place and intimidating at the same time. How do these two disciplines collab to form this term – financial engineering. Financial engineering uses mathematical tools and concepts to provide solutions to complex financial problems. What else does it help …
Financial Engineering – Definition, Usages, & How does it work Read More »
Financial Exposure Mr. Adonis has sold a Michael Kors designer bag to Mr. Jeffery worth $900. Mr. Jeffery made a payment of $600 at the time of the sale and promised to pay the balance of $300 after 3 months from the sale date. Here we see a case of partly credit sale(Financial Exposure). Mr. …
How does Financial Exposure work in real, Look at a clear example Read More »
Buyback in a financial market In a financial market when a company buys some of its outstanding shares to increase the value of its shares and this results in a lesser amount of shares available in the financial market thus helping its investors and the company in making a profit, this method is termed as …
Introduction of stocks When an individual or a company invests in other financial institutions under the stock exchanges for more than a year it is termed a long-term investment strategy. In this strategy assets such as bonds, stocks, exchange-traded funds(ETFs), mutual funds, and more are held by individuals or companies. A long-term investment strategy is …
Bull market A condition of a financial market in which prices of different stock securities are rising or are predicted to rise in the future is called a bullish market or bull market. This term is mainly used in the stock market but can include other commodities such as bonds, real estate, currencies, commodities, etc. …
What is a Bull Market? Definition, & Strategic Tips Read More »
Financial planner A financial planner as the name suggests works as an advisor and works with clients to help them manage their finances and their financial goals. Deep knowledge of personal finances, taxes, budgets, and investments is required to be a financial planner/advisor. The financial planners are experts in tax management, allocation of assets, management of …
What is a financial planner and what do they do? Read More »
Everyone seems to be earning through the stock market. Why should you be left behind in the wave? Here is a beginner-friendly roadmap to get you started with mutual funds. Earlier, people had no option, but to seek help from intermediaries like banks and stockbrokers. Needless to say, a good amount went away as the …
Financial guarantee Aditya, a 21-year-old Indian guy wants to pursue an MBA degree from the University of Chicago. He comes from a middle-class family. The income of his parents is not enough. They cannot start to reimburse Aditya’s academic and living expenses immediately. So, what option does Aditya have? He could go to a bank …
Any plan-making involves research, data, and end goals. Financial plan making involves making a document of information related to a person’s or organization’s current financial condition and long-term goals as well as systematic plans to achieve those goals. In a financial plan, all the economic whereabouts of a person or an organization are collected, and …
What is a financial plan & Steps in calculating an individual’s net worth Read More »
A financial crisis can manifest in many ways. There is no one particular reason why a financial crisis takes place. There is always a myriad of reasons behind it. Usually, situations like a steep fall in the value of an asset; companies, investors, and consumers not being able to fulfill their obligations, and a rise …
