finance
-
Understanding Disbursements: Definition, Examples & Business Impact
Disbursements can be any form of payment. They represent a cash outflow for a company.Examples of disbursements include:money paid out to run a businesscash expendituresthe amounts that a lawyer might
-
Understanding Liquidity: Definition, Importance & Key Ratios
If you totaled all of your assets right now, that number would probably be bigger than you expect. Your car, for instance, has value, but it doesn’t feel like value you can access. If you were willing
-
T4 2019 Deadline: Canada's Employer Reporting Date - March 2, 2020
When is the T4 2019 deadline?March 2, 2020.In Canada, every employer is required by law to complete T4 statement of remuneration paid slips and summaries for the prior year by the last day of February
-
Compound Annual Growth Rate (CAGR): Definition & Calculation
What is CAGR?CAGR stands for compound annual growth rate. It is the growth rate that your initial investment would need to experience to grow to a set level over a specified period of time. It is anal
-
Switching Banks: A Step-by-Step Guide to a Seamless Transition
Sick of your current bank's excessive fees, poor customer service, and slim product options? If your current bank isn’t meeting your needs, it might be time for a change.How to Switch or Change B
-
Annuities Explained: A Simple Guide to Retirement Income
So you're wondering what is an annuity? There are dozens of different flavours of annuities that perform different functions and pay their holders out in different ways, but for our purposes let’
-
Equity Explained: Definition, Calculation & Examples
A helpful way to think about equity is to imagine you want to sell something you own, like a diamond necklace. The amount of money you would receive for that necklace, which would roughly equate to th
-
Frugal Living: A Comprehensive Guide to Smart Spending & Saving
In a world where prices are increasing and wages are stagnating, making extra money or having a side hustle is a major topic right now. It seems like almost everyone has something they do on top of th
-
Times Interest Earned (TIE): Understanding Financial Health
Times interest earned (TIE) is a financial ratio that measures a company’s ability to meet its interest obligations based on its current income. This ratio is important to current and prospective cred
-
Ponzi Schemes: Understanding the Scam and How to Avoid Them
A Ponzi scheme is one of the oldest and most common types of scams, but it’s still used successfully every day to lure innocent people.What is a Ponzi Scheme?A Ponzi scheme is when someone, either a r
-
Financial Literacy: Understand, Improve & Achieve Your Financial Goals
If you’ve spent any time reading personal finance information and news, you’ve come across the term “financial literacy.” People who are financially literate understand basic concepts that help them m
-
Canada Income Splitting: A Comprehensive Guide for Couples
While everyone understands that taxes are a vital part of keeping vital necessities like infrastructure and public services running, facing a hefty tax bill can often put a real strain on your finance
-
Guaranteed Income Supplement (GIS) Canada: Eligibility & Benefits
Are you a low-income senior living in Canada? You may qualify for extra money to help you cover living expenses. Residents of Canada who receive a monthly Old Age Security (OAS) check may be eligible
-
Understanding Recessions: Causes, Impacts, and What to Expect
By now you’ve surely heard the media and investment gurus declare that after ten years of growth and the emergence of the coronavirus, much of the world is headed for a recession. What does this mean
-
Understanding Financial Services: A Comprehensive Guide
Does money, investing, and financing confuse you? If so, you aren’t alone. In fact, many people find these topics downright mystifying. There’s an entire industry professionals devoted to helping you
-
Understanding Capitalism: A Guide to Wealth Creation
Almost everyone in the world practices some form of capitalism. That includes you. As an investor, your goal is to take advantage of capitalism’s biggest benefit: the ability to create wealth. In this
-
Gross Margin Explained: Definition, Calculation & Importance
The word “gross” has negative connotations, but in business it’s generally much more neutral, if not positive.Consider the term “gross margin,” which refers to how efficiently a business turns the mon
-
Quick Ratio: Understanding Liquidity & Financial Health
Just like you maintain an emergency fund to protect yourself from disaster, companies need to have cash on hand to pay their immediate expenses. If they don’t have enough liquidity, they will struggle
-
Revenue Explained: Definition, Calculation & Importance
When you’re evaluating a business, it’s important to understand key numbers. One of the most important is revenue, which can tell you how a company is doing year over year and if it’s bringing in more
-
Understanding APR: Your Key to Loan Cost Transparency
You’re on the hunt for a house, a car, a student loan, credit card or something even more exciting like a motorcycle or an RV. Whatever it is, you know you need to borrow for it. Whatever you plan to
finance
- First-Time Home Buyer Mistakes: Avoid Costly Errors
- Navigating College Finances: FAFSA, Student Loans & Financial Aid for Students
- Healthy & Affordable Lunch Strategies for Professionals
- Saving Rate vs. Savings Rate: Understanding the Difference
- First Car Buyer's Guide: Tips, Budget & Financing
- 21 Money-Saving Challenges for 2025: Save Big & Have Fun!
-
Tenant Rights & Landlord-Tenant Relationships: Maximizing Your PowerBeing a renter can feel a lot like being at the mercy of your landlord, property owner or management company. If you have a great relationship with whoever provides your housing, that can help grease ...
-
Financial Mindfulness: How to Gain Control of Your MoneyCultivating mindfulness is all the rage right now – and for good reason. Learning to be more aware of your thoughts and actions is a crucial step towards a healthier, happier and mo...
-
Understanding Stock Tickers: A Comprehensive GuideA ticker is a symbol, a unique combination of letters and numbers that represent a particular stockStockWhat is a stock? An individual who owns stock in a company is called a shareholder and is eligib...
-
Online Purchases with Savings Accounts: What You Need to KnowCan You Buy Things Online with a Savings Account? You can make online purchases from your savings account but on most kinds of savings accounts you cannot make purchases as easily as you can ...