If you’re familiar with financial terms, you may have come across the term “notional value”. It is a term used in various financial transactions, such as derivatives and swaps. However, not everyone is familiar with this term. I will try…
For any business owner, it’s important to understand your company’s financials, including EBITA. EBITA is a valuable metric for determining a company’s profitability and overall financial health. Here, I will explain what EBITA is, how to calculate it, and how…
As a borrower, you might be aware of the process of underwriting that lenders use to assess your creditworthiness. In traditional underwriting, the process is automated, but some lenders use manual underwriting to evaluate loan applications. Let me explain what…
Through my friend I came to know that John D. Rockefeller is widely considered to be one of the most successful and influential American industrialists of all time. He is best known for his role as the founder of Standard…
I wanted to share an experience my friend who was with Primerica, a company that sells financial products such as insurance and investments. Initially, He was drawn to Primerica Pyramid Scheme’s promise of financial freedom and the opportunity to make…
In past, I have had the opportunity to work on various projects as a contract employee for different companies. While contract work offers flexibility and diverse experiences, one challenge I faced was managing my expenses efficiently. Keeping track of expenses,…
While studying my MBA, I have come across the concept of aggregate expenditure, which is the total amount spent by individuals, businesses, and governments in an economy. I will share here a knowledge about which components of aggregate expenditure are…
When I was a young adult and struggling to make ends meet, I found myself in need of quick cash to cover some unexpected expenses. I turned to payday loans as a solution, but little did I know that I…
As a degree holder of MBA in finance, I understand the importance of finance and accounting in an organization. To many layman and normal people, these two fields may seem similar, they are actually quite distinct. I will discuss the…
I would say that as somebody who has shopped at both Walmart and Walmart Neighborhood Market, I can share the fact that there are few key differences between the two retail chains. While they are both owned by the same…
