Generally, supply disruptions coupled with strong demand for goods, rising wages and higher commodities prices challenge the global economies and farther push inflation above central bank targets. To contain price pressures, many central banks have to tightening monetary policy, leading to a sharp increase in nominal interest rates. An interest rate measures both how high […]
WHAT IS THE INTEREST RATE Read More »
The United States Federal Reserve FED on September 21, 2022 raised the interest rates, which is considered to be the third consecutive 0.75 percentage point hike and the fifth increase since the beginning of 2022. These series of increases have brought the federal funds rate to a range of 3 percent to 3.25 percent, the
BONDS AS THE BEST INVESTMENT DURING THE INTEREST RATES HIKES Read More »
Every person on this planet only has 24 hours in a day. No matter how many hours you can actively work, you will always hit a ceiling on how much you can earn, therefore, how much you can save. However, some business such as passive income streams, are one of the productive wealth-building blocks that
THE TOP STREAMS OF INCOME THAT GROW YOUR WEALTH Read More »
1. Accumulating wealth from zero. Many of who achieved their financial freedom built their wealth on their own, and by knowing that gave you a greater financial motivation. In fact in 2022, among 10,000 millionaires, 79 percent got rich through consistent saving, investing, avoiding debt and smart spending. 2. The disadvantage of job loyalty. Individuals
FINANCIAL HABITS TO ACHIEVE FINANCIAL FREEDOM Read More »
As the United States Federal Reserve continue to increase the interest rate, a great number of newly homebuyers in the United States have lost up to 165,000 USD in purchasing power on new homes. As a result of the rise in interest rate, interest rates for 30-year fixed-rate mortgages have jumped from an average low
EFFECTS OF INTEREST RATE ON HOME BUYERS Read More »
According to a research on how certain people have become successful, the following are the best successful habits that wealthy and successful people develop. It is true that a well plan, great idea, motivation, persistence, and a luck helps some individuals become financially successful, but most successful people share certain habits. Below are the most important
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People who had an experience of unforeseen expenses arise can express one of two things: How happy they were that they had an emergency fund or How difficult it was to find the money they suddenly needed. Therefore, preplanning in advance is a key factor in successfully weathering the financial emergency we are all sure to
THE BEST ALTERNATIVE FOR AN EMERGENCY FUND Read More »
On the light of promoting financial education, our articles focused on helping households on how to save and invest for long term, pay off credit debt, put the right insurance in place, and make decisions around equity compensation. Therefore, to achieve our goal of enlightening the households with aim to reach financial freedom, this article
HOW TO PLAN REALISTIC AND ACHIEVABLE BUDGET Read More »
Entrepreneurs are facing many challenges that put their businesses at risk. however, small business insurances are a great strategies to help secure the business. When an entrepreneur apply for small business insurance, his or her coverage decisions will depend on the business’s type and size. The following are common types of small business insurance
BEST TYPES OF SMAL BUSINESS INSURANCE Read More »
Our explanation will jump start with the definition of the home insurance as a types of coverage insurance that cover entire home. It covers the house, other structures such as fences, and personal belongings from accidents and damages, like house fires and theft. Also, the home insurance provides liability coverage, which pays for property damage
WHAT ARE THE BEST HOME INSURANCE Read More »
Green business or co-friendly business is a selling of products that are considered to be environmentally safe. Thus green business incorporates a broad range of activities, including product modification, changes to the production process, packaging changes, as well as modifying advertising. More specifically, green business refers to holistic marketing concept wherein the production, marketing consumption
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We will start our discussion by defying the recession as a rapid economic decline, the slow down which may last for months or years. A recession can happen when an economy experiences decline as a result of many factors, including negative gross domestic product GDP, rising levels of unemployment, falling retail sales, and contracting measures
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