A standard set of financial accounts will reveal the profitability of a business. However, the primary objective of financial accounting is to present an accurate picture of a company’s financial position at a point in time and a statement of income and expenditure for a given period. On the other hand, cost, or management accounts, … Read more
Financial independence means having enough savings, investments, and liquid assets to live a chosen lifestyle without worrying about income. Understandably, it’s a life goal for many people. But as far-fetched as it may seem for some, it’s a far more feasible goal than many realize. Furthermore, it doesn’t necessarily require you to be bring in … Read more
The future of finance is looking incredibly green. ESG investing, or environmental, social, and governance investing, has come into its own in recent years as a way to improve the sustainability of financial products and companies. ESG investing has the potential to create positive social and environmental effects that can outweigh any negative impacts of … Read more
For many, living on a low income is a necessity, not a choice. For others, it’s a case of wanting to embrace a more minimalistic lifestyle and taking back time. But in either case, having a low income doesn’t mean you can’t be good with money. If anything, it necessitates the need to be especially … Read more