Spending money on yourself without regrets, anxiety and guilt is an art that is not inherent in everyone. And interestingly, the dependence on the level of income is practically not traced here. That is, a person may not spend money on himself not because it is the last money, but only because he experiences various negative feelings and tries to avoid them. And vice versa, there are people who, even in a pre-bankruptcy state, are able to squander all their savings on themselves, without...

Corporate finance is an important part of any business. Thanks to proper financial management, a company can not only survive, but also develop, increase its revenues and expand sales markets. In this article, we will consider the history of corporate finance, its main goals and objectives, and also talk about the people who are responsible for finances in the company. History of Corporate FinanceIt goes back to ancient times, when people began to trade and exchange goods. Corporate...

Forms of lendingThere are many classifications of loans. For example, if you divide loans by source of financing, you can highlight the following. InternationalProvided by international organizations such as the International Monetary Fund or the World Bank. Issued for the development of countries, assistance in crisis situations, etc. StateThey are issued by the state within the country, for example, for the development of large infrastructure projects, national programs, construction of...

Few entrepreneurs use financial planning and analysis of activities.  With the help of these tools, you can not only understand the current state of affairs in the enterprise, but also identify problems, as well as increase profits in the foreseeable future.  One of the most effective tools is financial consulting.  Financial consulting is a set of measures for the management of accounting and tax accounting, changes in financial and management policies, investment processes...

Foresight conducted a panel study of 2,500 parents of nearly 4,000 schoolchildren and college students to find out how much it costs Austrian families to educate their children. All respondents kept diaries throughout the year, in which they recorded all expenses directly or indirectly related to education: for stationery, textbooks, computers, school and sports uniforms, extracurricular activities, as well as for additional lessons and tutoring services. The results of the study showed that...

Developing countries are systematically underestimating the official size of their sovereign debt, an analysis of World Bank statistics has shown. Over the past 50 years, hidden sovereign debt has reached $1 trillion. When Zambia and Chad applied for debt restructuring under the new G20 program in 2021, they faced an unexpected problem: it turned out that the countries did not have complete information about how much and to whom they owed. It took the financial advisers of the two states...

The international rating agency Moody's has downgraded Israel's credit rating by two notches at once, from A2 to Baa1, and also leaves a negative outlook. According to Moody's, the main reason for the downgrade was a significant increase in geopolitical risk with negative material implications for Israel's creditworthiness in both the short and long term. The likelihood of a ceasefire in the Gaza Strip has decreased, and domestic political risks have increased along with geopolitical risks,...

Credit repair often gets a bad rap and is riddled with myths that can discourage people from getting the help they need. Let me set the record straight:👉Myth 1: Credit repair is illegal.Fact: When done correctly, credit repair is perfectly legal. The Credit Repair Organization Act (CROA) requires credit repair companies to operate transparently and within the law to help improve your credit.👉Myth 2: You can always do it yourself.While it’s possible to dispute errors on your own, the...

Budgeting is not just a boring process of counting numbers. It is a powerful tool that will help you manage business finances, make informed decisions and achieve your goals. The process of maintaining budgets is an integral part of successful business management. Even if you have A small company or a startup, the ability to properly distribute financial resources is the key to your stability and growth. What is budgeting? Budgeting is the process of planning income and expenses for a...

Heroine Spending diary She shared that she and her husband save for housing together, but do not discuss personal expenses and savings.She is sure that in difficult situations it is better to rely on yourself. This strategy also helps to avoid conflicts. Such conversations can provoke a conflict I don't like it when they get into my wallet, and, accordingly, I don't get into someone else's. We have agreed on specific rules regarding the budget, and we have the norms. I don't talk about my...