Ah, the open sea, the wind in your hair, and the sense of freedom that comes with sailing on a majestic yacht. At the same time, it’s also essential to protect your valuable investment with the right yacht insurance coverage.…
When you start planning your retirement, It’s crucial to understand the intricacies of deferred compensation. Specifically, the New York State Deferred Compensation Plan offers a valuable tool for public employees to save for retirement. Here, I’ll explain NYS deferred compensation,…
In the world of finance, understanding various ratios and metrics is crucial for assessing the financial health and stability of a company. One such important ratio is the interest coverage ratio. We’ll explore the concept of the interest coverage ratio,…
As we go through life, we acquire assets and build wealth that we would want to leave behind for our loved ones in case of our untimely demise. Contingent beneficiary plays a key role here. While the thought of death…
Here I’m sharing one of my friend’s experience who was a Hispanic student. During that time he felt that finding financial support to pursue his higher education could be challenging. Fortunately, there are organizations such as the Hispanic Scholarship Fund…
When I first started working, I was confused about the term “paid in arrears.” I had never heard it before and didn’t understand what it meant. After some research and asking around, I discovered that it’s a common practice in…
When it comes to valuing a business or investment opportunity, one of the most common methods is discounted cash flow (DCF) analysis. DCF analysis involves estimating the future cash flows of an investment and discounting them back to their present…
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…
