What is Minimum Investment and How it Works
When you invest in a particular financial product, you may sometimes come across a minimum investment amount or threshold you need in order to start investing in it. For example,…
Why Compounding is Considered as the Eighth Wonder of the World?
Compound interest is often referred to as the eighth wonder of the world. As Albert Einstein famously said, “He who understands it, earns it. He who doesn’t, pays it.” But…
Business Loan Myths: Debunking the Common Misconceptions
Taking a business loan can often be a daunting process for many entrepreneurs, partly due to myths and misconceptions that surround it. Let's explore some of the most common myths…
9 Money Lessons from “Rich Dad Poor Dad” by Robert Kiyosaki
“Rich Dad Poor Dad” by Robert Kiyosaki is a classic in the world of personal finance. The book shares the financial wisdom that Kiyosaki learned from his two "dads": his…
Why Do People Face Hardship Even While Earning an Average Salary?
Earning an average salary is often considered a mark of financial stability and success. Many people believe that as long as they have a steady income, they are secure and…
Investment Decision: Meaning and Factors Affecting Investment Decision
Our financial resources are limited, so to get the most bang for our buck it's important to make strategic investment decisions. This means one has to carefully select investments that…