Personal Finance Articles

What is American Depositary Receipts ADR? American Depositary Receipt or ADR is a negotiable certificate of shares of a foreign company. The U.S. Bank that owns these shares issues an ADR against them. ADR may comprise a portion of shares,...

Financial advisors are experts in managing the money of an individual. Right from devising an emergency fund plan to constructing complex investment portfolios, they do it all. They also play the role of educators by educating their clients about the...

What is an Accounts Payable Turnover Ratio? The accounts payable turnover ratio is a short-term liquidity accounting ratio. It is an indicator that quantifies how quickly a company pays its suppliers. Accounts payable turnover indicates how many times a company's...

Financial statements contain financial information about a company's financial situation. Furthermore, in order to make important financial decisions, business owners, analysts, and other stakeholders examine, compare, and interpret this financial data. However, such information is interpreted using financial statement analysis...

What is account balance? The account balance is the amount of money available in a financial repository. Such as a savings bank account at any given point of time. It is the net amount available after all debits and credits....

No one can beat women when it comes to saving. For generations, moms and grandmoms have been experts at saving every penny possible. Be it in the kitchen containers or an FD. These small savings have helped the family during...

Saving is always easier with a goal in mind. Having a goal will help in determining the target amount you are after. A goal can be buying a house or car, going on a vacation or saving for higher studies....

What is the 50/30/20 Rule of Budgeting?  The 50/30/20 rule of budgeting is a simple method that helps you manage your money more effectively. This basic thumb rule is to divide your post-tax income into three spending categories - 50%...