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Income Statement - Definition: The Income Statement is one of the financial statements that all publicly traded companies share with their investors. The income statement shows the company's sales, expenses, and net profit (or loss) over a period of time--usually 3 months, year-to-date, and twelve months. The income statement also comes with a lot of notes and discussions from the company's management so that investors can have a clear understanding of the company's performance. The other two components… Read More...
Personal Finance
Good Debt, Bad Debt - Beginners trying to tackle their personal finances for the first time see debt as sort of a “boogeyman”, a specter that looms overhead, trying to trap people into inescapable cycles of minimum payments and late… Read More...
Accounting for Automatic Payments - Automatic Payments – Blessing Or Curse? That title may be a bit hyperbolic – Automatic Bill Payments can be a huge time saver, and do help make sure your bills get paid on time (avoiding… Read More...
Budgeting - When learning about managing your finances, many experts will recommend you begin with a budget. A budget is a tool that tracks income and expenses, and it allow you to set goals and make plans… Read More...
Debit – Credit Cards Without Credit - https://youtu.be/Q2DwhcQbVRs Before Debit Cards Before the 21st century, if you wanted to buy groceries or visit the mall, you had 4 options that you could use to pay, all of which had their own drawbacks:… Read More...