Finance

Finance Planning: Learn and evaluate an individual’s current and future financial needs and requirements thru various useful and knowledgeable articles.

What is Bank and Role of Bank in Economic Development and Growth

Bank Definition: A bank being a financial institution creates wealth by deposits. Deposits are created by lending funds either directly or indirectly into market and reclaiming with interests or profits. A role of bank is importance in financial system for any country, they are exceedingly regulated by the central government or national bank. Mainly commercial banks are …

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Fundamentals of Risk and Insurance: Insurance Basics

How does Life Insurance work ? Insurance lives up to expectations by pooling risk. It basically implies that a large group of individuals who need to insure against a significant losses by paying premiums which is known as Insurance pool. Probability of real loss occurrence is very less (single digit percentage) from the group of …

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How to Calculate Compound Interest and Simple Interest formula

Compound Interest Definition: Most important topic always discussed in the financial world is ‘power of compounding’. When we are selecting investment on returns based on a year, A small fraction of change will impact a huge change when calculation for a longer period of time. This is because interest earn get reinvested periodically with your …

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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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What are the Best Investment Opportunities for your Retirement Income

In this chapter we are going to evaluate advantages and disadvantages of various investment opportunities and which one will be best suitable option for you. Before going thru evaluation, you should take small quick evaluation for yourself and get ready with answers. This simple process will assist you to draw a road map for your …

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Different Types of Financial Planning Models and Strategies

Financial is a very broad concept and planning is a difficult and disciplined mission. In this e-learning tutorial chapter, we will understand some of the important types of financial planning which everyone should learn and understand in their life. Some key categories of financial planning includes source of finances, assessment of your financial necessities, calculating …

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Benefits of Wikifinancepedia Partners Program

Hello Guys! Welcome to WikiFinancepedia (WF) – A website for writers by a passionate writer. We believe to be one from top financial communities assisting all our content writers to achieve their milestones and be successful enough. You by default become “Wikifinancepedia Partner” after publishing your first quality post. We are open to guest publishing articles …

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Top Best Ways to Make Money in Forex Foreign Currency Exchange Trading

Nowadays, the Forex market is one of the most profitable destinations to make from global currency market. With a daily turnover of almost $4 trillion or 260 trillion Indian rupees. It has become the hottest spot for investors from worldwide to make money with a lesser investment. Thousands of investors and trader makes millions utilizing …

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How Lenders Get Their Loan Money Back, If You Can’t Repay

Imagine the awkward situation, when you have gave your hard-earned money to someone who was needy, but later he expresses his inability to repay the loan amount. Definitely you don’t feel great and same is with other lenders. Do you have any fair idea about foreclosure? Here I am going to let you know what …

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