WHAT IS COMPOUNDING? Compounding typically refers to the increasing value of an asset due to the interest earned on both a principal and accumulated interest. This phenomenon, which is a direct realization of the time value of money (TMV) concept, is also known as compound interest. IMPORTANCE AND POWER OF…
In the past, starting a business was not easy. It was difficult for many reasons, be it lack of money, lack of media or lack of knowledge. Nowadays, almost anyone can start an online business. Today, that is no longer the case. Today, anyone, regardless of their background, can start…
As a successful entrepreneur, you always have to look for better business opportunities and push yourself to do so. Learning new tasks and new skills will help you take your company to greater heights in the long term. To be successful is to learn from those who have already achieved…
The investment opportunities for millennials are enormous. If you are a millennial and have earned a decent amount, you can invest it over time to accumulate cash and save it for your future. But if you haven’t invested before, it can be overwhelming. If you want to invest over a…
According to the term of your original loan, it is possible to refinance your car loan which may result in a lower interest rate, which means that you pay less over the term of the loan. For example, by refinancing auto loans a new 48-month car loan for 9 percent,…
