Components of a Financial Plan
February 12, 2025
Over the counter markets are a particular type of financial market. Generally, financial markets are centralized. This means that there is one central body that is a counterparty to all the trades being made. For instance, if A wants to trade with B, the transaction does not happen directly. Instead, A trades with the centralized […]
In the previous article, we have studied about how modern start-ups have created a new form of a business model called the aggregator business model. There are several companies such as Uber and Airbnb which have been using the aggregator model successfully. However, there is another business model which has been successfully used by even […]
Financial theorists and practitioners all seem to agree on one basic principle, i.e., diversification is the most important tool which helps mitigate risks. Most investors agree on the importance of diversification while making investments. However, they do seem to be on the fence when it comes to diversification while earning income. Some of the biggest […]
The repo market is probably the largest section of the money market. It is estimated that the daily volume of transactions in the repo market is between $2 trillion and $4 trillion. This is the market where the central bank, commercial banks as well as institutional investors play a major role. Since these are large […]
Founders spend a lot of their time trying to understand how to deal with potential investors. They try to understand the various techniques that need to be deployed in order to ensure that prospective investors view the startup company as a compelling proposition. In their quest to project their startup company as the best, founders […]
There is no shortage of education in the field of finance. There are various academicians who work tirelessly in the field of finance. Many theories have been developed, and many conjectures have been disproved. Every year thousands of people graduate with finance as their major. However, most of these people are trained in the field of corporate finance. They are trained to manage money for corporations as well as to make financial decisions for them. However, when it comes to making financial decisions on their own behalf, Americans and people all over the world struggle with finances. This is why the field of personal finance is important.
In this article, we will have a look at some of the reasons which make it necessary to inculcate personal finance in the curriculum of every individual.
The bottom line is that personal financial literacy is the need of the hour. It will help the governments as well as individuals, make their lives better. This is the reason why governments all over the world have already started spending huge sums of money in order to educate their workforce.
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