In order for a business to grow it needs money to buy plant and machinery or invest in new product development. Business has two options to get this money - generate it internally or get it from...
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Asset Classes Part – II : Introduction to currency
Evolution of currency can be linked with the evolution of trade. During early days people used barter system for trading. As part of barter system goods were exchanged with one another. For...
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Income-Expense Analysis: Understanding your monthly income and expenses
Income-expense analysis for a individual or family is quite similar to profit and loss statement analysis of a company. As part of income-expense analysis for individual or family, we build...
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What is Money? Why is Money Management Important?
Money is a medium to facilitate the process of buying, selling, or exchanging various goods and services since ancient times. Money as a legal tender typically consists of notes and coins. Each...
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