I seriously hope and believe that you will experience the same epiphany as you read and assimilate the contents of this Manual – which is a compilation of the first two versions of the FINTEL FRANK TALK events.
Liabilities on the other hand, are the obligations and debts a company or an individual owes and have to be settled either in the short term or long term.
A liability is usually money owed by a business for the purchase of an asset.
Liabilities could arise from borrowings which may be made to improve business or personal income and are paid back over an agreed period of an interval.
From the personal finance and investment perspective, there are four classes of assets that you need to have available to build an investment portfolio.
From the last series, you now know how high inflation creates uncertainty and can wipe away the value of money savings. But I also mentioned that while inflation is a curse for some people, it is a blessing to others. In fact, there are some, who believe that the primary function of inflation is to
Two days ago, we had considered the definition of Inflation, its causes and how it is measured. Today, we are going to focus on the Negative Effects of Inflation. Inflation affects different people in different ways, with some benefiting from its effects at the expense of some who lose out. The inflation rate also offers
In continuation of the series on Inflation we started yesterday, we are going to consider the Causes of Inflation and how it is Measured in the economy. Inflation Theories – Causes of Inflation Two general theories explain inflation. The first, the demand-pull theory, says that prices increase when demand for goods and services exceeds their
There are several inflation related questions we ask ourselves every day. “Last year, I bought this same Beverage – Milo – for N800, now it’s N1,200, what is happening to money?” “Why does the price of things keep going up on a daily basis?” “Who is controlling these prices?” These are questions we ask ourselves
#FINTELFrankTalk (DAY 0 of 10) INTRODUCTION Over the ages, MONEY or the need for it has been the major motivation for people getting up from the bed and going to school or work every morning. Money has also been the cause of many conflicts among people and nations alike, as well as the instrument of