Do you have any family members who have traveled overseas to countries such as India? And if so, have you ever wondered how you would send money to them if you had to?
Finance is a branch of economics that deals with money matters. In layman’s terminology, finance can be understood as the management of money. However, technically speaking, finance entails the very action of allowances, assortments, issuance, budgeting, saving, allocation, administration, and sharing, etc., of assets and liabilities, individually or through an organization. Finance is classified into three categories, i.e., the public or government sector finance, corporate sector finance, and personal finance.
Many of the financial theories are based purely on macro and micro-economics. Microeconomics deals with the finances concerning small entities, whereas macroeconomics pertains to the nation’s economy and budget as a whole. Basic yet fundamental theory in finance is the value of money in the given time period. It is opined that a penny today is worth more than a penny tomorrow.
Capital is an important area of finance. It refers to the wealth in the form of liquid cash or movable and immovable assets owned by a company, an organization or an individual, used to initiate an investment for personal and professional gains. There are three types of financial capital primarily, they are - equity capital, debt capital, and specialty capital.
Here are some of the investment secrets by business experts. Like all experts, these money masters have different opinions on which investment vehicles they favour most.
Digital currencies, Bitcoin and Ethereum mainly, has been trending for a while now and many of us are considering investing in this new form of currency.
Whenever you apply for a loan or a line of credit in India, you will be required to present a CIBIL score.
Here are some highlights to demystify debt settlement to help you make a better financial decision
While everyone thinks about looking for venture debt capital, the smart ones are looking for ways to draw these ventures capitalists to their businesses.
Stopping credit card fraud can be simple when you are careful in your actions.
You would have more capital in hand to grow in business when you turn short term debt into long term apart from boosting your credit score as well.