Month: May 2024
11 posts
What is long-term unemployment?
It is important to understand the statistics and the causes and consequences of long-term unemployed. The Numbers In…
What is a bear market?
DEFINITION A Bear Market is when the broad market price falls at least 20% over a period of a few…
What is a bank statement?
Your financial institution prepares a bank statement each month. A bank statement shows all the transactions and income related…
How to Send and Receive Payments with Facebook Messenger
Facebook Messenger isn’t only for chatting. Facebook Messenger allows you to send money (and receive payments) from friends. This is…
How to Open a Banking Account and what you need.
You’ll have to select a bank, and then provide them with the necessary information. This includes your ID…
How to conduct an international wire transfer
The fastest way to transfer money from one bank directly to another is through wire transfers. It’s relatively easy…
What is Interest?
Interest represents the cost of borrowing. The lender gets interest and the borrower pays it. The Key Takeaways Interest is…
How to convert percentages to decimals
Understanding and your finances is made easier by knowing how to convert decimals to percentages and vice versa. You need to…
What is Standard & Poor’s?
DEFINITION Standard & Poor’s (S&P). is a reference to S&P Global. This company provides business intelligence, research, and analysis. S&P…
What is black friday?
Black Saturday occurs the day following Thanksgiving. Retailers offer steep discounts during this annual shopping day to kick-off the holiday…