Financial Management

What is Debt Management? Definition, Strategies, Plans with Examples

Debt Management Definition: A debt management is a contractual agreement between two parties (debtor and creditor) to safeguard their own interest. In simple words, terms and conditions defined by lender to the debtor to repay outstanding debts with pre-defined interest rate and duration of repayment. Probably, this is the most important lesson one has to …

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Goals of Financial Management

Introduction to Goals of Financial Management: Once assessment is done and all the current financial facts are on the table, then one can start making plans. In order to give plans a direction; there is the utmost importance of setting goals. Working without a goal is like walking / travelling without having a destination. So, …

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5 Rules of Thumb: Key Points to be Consider Before Making Investments

After certain age or after getting matured every person realise how important investing is for your future needs and most common topic searched today on the internet is “Rules of Thumb or guidelines for building wealth”. Let us understand basic thumb rule for building wealth. Believe me, you are successful in understanding and implementing five …

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How Positive Attitude can Improve your Investing Mindset

Investing money is not a game where you bet on either heads or tails for winning. It is said to say that many of the investors have this wrong attitude. Knowledge is only the key for the investors to walk on the positive attitude path. Investing is purely a knowledge driven game where person will …

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