As a new entrepreneur, effectively handling your financial accounting records is the foundation for sound financial success. At the same time, a lack of proper oversight of your finances is sure to have severe effects that could cripple your business…
Unexpected expenses happen but staying prepared with proper savings can help make your finances less stressful! Setting up a rainy day and emergency fund allows you to have a savings account with a purpose. What is the difference between Emergency…
We can see a bandwagon effect in today's world where individuals put their money in different investment portfolios because of what is trending. Today, it is bitcoin, tomorrow it is fx trading, next it is the stock market, and the…
A Ponzi scheme is a 'supposed' investment but a fraud that uses the funds from new depositors to pay old depositors without creating any sustainable value. In 2008, during the financial crisis, there were several Ponzi schemes, both locally and…