Becoming an insurance agent can be an incredibly lucrative career. Between the handsome salary it offers -- averaging nearly $80,000 per year, with some agents earning closer to $180,000 -- and the rewarding experience of helping people find the...
Definition
Planned obsolescence (also known as built-in obsolescence or premature obsolescence) is a strategy of planning or producing a product with an artificially limited useful life or a purposefully flimsy design so that it becomes obsolete after a certain period...
Pareto Principle Definition
The Pareto Principle, also known as the 80/20 rule, is a business and investing guideline that states that 80% of outcomes (revenue, profits, etc.) come from 20% of inputs (customers, employees, products, etc.). In other words, a...
Penny stocks seem like a great opportunity to make money. They are inexpensive, and you can buy them with just a few dollars of your hard-earned cash. However, penny stock trading poses risks that many people don't even know...
It is no secret that personal financial habits are important. From saving money, to investing wisely and making good decisions, personal finance habits can have a huge impact on the success of your life and career.
But how do personal...
Cryptocurrency is a concept that has remained topical for a very long time now. A few years back when this term debuted in the financial world, not many people were convinced or had a broader understanding of it. Today,...
People refinance their homes for many different reasons. Depending on your personal circumstances, it can sometimes make sense to refinance. For instance, you may be able to get a lower mortgage interest rate or you may need additional cash...
The Republic of the Sudan has been plagued by decades of armed conflict and an authoritarian president that had grave consequences to its economy. Its technological sphere is not at par with the current digital standards, and its development...
Students have to face a great variety of typical hardships and unexpected complications. One of the typical ones is the lack of money. Most students have limited budgets and so are forced to save up whenever they can. It...
Major cryptocurrency exchanges experienced technical issues on Monday as trading volumes soared after billionaire Elon Musk’s Tesla Inc revealed it had purchased $1.5 billion of bitcoin and would soon accept it as a form of payment.
The electric-vehicle company’s move...