Importance of Retained Earnings
Invest

Importance of Retained Earnings

When you start a business, you eventually start gaining the profits. So, is the entire profit given back to the owner? NO. It is because company would love to invest profit to the business again for future operations. Retained earnings are the part of net profit after tax that company has retained by not distributing to the shareholders to realize certain debts or used as an investment for future expansion plans.

Continue Reading about 5 years ago
5 ways in which a student can build a good credit
Invest

5 ways in which a student can build a good credit

In current times, as young students we all want to be financially independent. There are so many courses or activities that we wish to pursue, but gets limited by our financial constraints.  

Continue Reading about 6 years ago
How do banks make money off you?
Invest

How do banks make money off you?

Often, we see banks keeping our money safe and paying savings interest rate or a fixed deposit interest rate to all its customers. So, if the banks keep giving interest to everyone on the money deposited with them, then, how do you think these banks make money?

Continue Reading about 6 years ago
10 top challenges in taking-up freelancing as a career
Big Shots

10 top challenges in taking-up freelancing as a career

Of course, freelancing is very rewarding and comforting in every way. The comfort of home to work from and the freedom to work at the desired pace is forcing more and more people to turn themselves into freelancers. There is an ever-increasing demand for freelancers amounting to a significant increase in the workforce. But, as there is a flip side to every coin, so does freelancing comes with its own cost. Here, are a list of challenges that a freelancer faces in his freelancing career: 1.    Hunting for a good client: The biggest problem in freelancing is to look for reliable well-paying clients. Though you would get multiple job openings on platforms like Naukri, Times, Monster, freelancer.com, upwork.com, etc., yet, it gets challenging to zero down on the right clients.

Continue Reading about 6 years ago