Leverage Ratio: Meaning, Formula, and Importance in Finance
Companies need funding to expand and grow. The two main options they have to secure funding are debt financing and equity financing. Equity financing means raising money by issuing shares…
Understanding the 50/30/20 Rule in Financial Planning
These days it seems to be getting harder and harder to manage finances with the rising cost of living. To save money, one needs to live within their means. It’s…
Standalone vs Consolidated Financial Statements: Key Differences and Benefits
Before investing in stocks, it’s important for every investor to do their homework. A key part of this research is looking at a company’s standalone and consolidated financial statements. These…
Strategic Financial Management: Definition, Benefits, and More
For every business, success depends not just on handling immediate challenges in strategic financial management, but also on having a clear long-term vision. Strategic financial management is the key to…
7 Ways to Boost Your Financial Literacy
One of life’s most important skills is financial literacy. Yet, many in our country lack basic financial awareness which leads to poor decision-making. Essentially, financial literacy is all about knowing…
Financial Planning for Family Explained
Throughout different phases of life, your priorities and goals change. As a teenager, your focus is on studies and preparing for college. As a young adult, you start your career…