Being a gig worker — whether that means freelancing or consulting — used to be a rarity. In today’s economy, however, many people are choosing the freedom and convenience of freelancing because they prefer the perks of it to working in a traditional job. One of the biggest and most important questions to ask before […] Read More…
Finance Articles
What is the Assumption of Break Even Analysis?
Most of us know what “to break even” means. In the context of a company earning a profit, breaking even means you didn’t lose money, but you also didn’t earn. For some companies just starting out, breaking even isn’t so bad, especially if you’ve invested money to start the business, or you’ve recently put a […] Read More…
What Are Different Motor Car Depreciation Rates?
Some assets appreciate with time and when that’s the case, it’s possible to sell them for a profit. Cars are an exception because they depreciate as soon as you drive them off the lot–or at least that has been the case traditionally. Motor car depreciation rates can be impacted by a multitude of factors: from […] Read More…
Also posted in Lifestyle, Money
Tagged car depreciation, car ownership, finance, saving money
August 25, 2022
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What is $15 an Hour as a Salary?: Is Your Pay Worth It?
Increasing the minimum wage in the United States has been a major topic of discussion recently. There are many who want to have the minimum hourly wage for workers raised to $15 an hour, compared to the $7.25 which it’s set at now. Many might be wondering what $15 an hour would be as an […] Read More…
Also posted in Lifestyle, Money
Tagged hourly pay, minimum wage, pay, salary, taxes
June 28, 2022
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How Much to Spend on Groceries?
Grocery shopping can be stressful for some, especially knowing how quickly the prices can add up and what to buy to give you the most bang for your buck. Being aware of what to spend on groceries and how to budget your food money can lead to major savings down the line and a decrease […] Read More…
Compound Annual Growth Rate (CAGR) – What You Need to Know
In this article we will talk about CAGR (Compound Annual Growth Rate) in detail, including the formula for computing it, how to calculate it in Excel, how to interpret it, its utility in assessing financial assets, making predictions, and more: What does CAGR stand for? What is Compound Annual Growth Rate? CAGR calculation formula CAGR […] Read More…
Posted in Finance
Tagged annual growth, CAGR calculator, compound rates, financial forecasting, growth rate, Investments
January 27, 2020
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How to Choose Where to Invest Your Money Based on APY
Whether you’re currently a small business owner or you’re thinking about opening up your own business, at some point, you will need to make some important investments. These investments may be to help you get your business off the ground, or they could be to re-invest in your business to help it grow overtime. Additionally, […] Read More…
Also posted in Business
Tagged APY calculator, APY calculator for business, online APY calculator, What is APY?
October 5, 2019
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Figure Out Your Home’s Worth With a CAGR Calculator
If you have ever purchased your own home, then you know that it was a major investment. And, when the day comes and you’re ready to sell it, you’ll want to be sure that you’ll be getting back that initial investment and then some. The question now is, “What is the value of my home?” […] Read More…
Also posted in Mathematics, Money
Tagged CAGR calculator, online cagr calculator
August 29, 2019
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What Does Net 15, Net 30, and Net 60 Mean?
Say you’re a full-time freelancer or you run your own business and you’ve just wrapped up a job for a client. You’ve sent off an invoice and are excited to finally get paid for your work. Then, their accounts department informs you that you’ll be paid in Net 15, Net 30, Net 60, or some […] Read More…
Also posted in Business, Money
Tagged Is Net30 business days?, online business days calculator, What is Net30?, What is NetD?
August 15, 2019
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5 Things to Consider Before Starting a Business
Are you dreaming of starting your own business? Whether you have visions of a brick and mortar store or a company that operates entirely online, it’s important to take time beforehand to plan and crunch some numbers. That way you won’t get caught off guard—or be financially and mentally drained—by the unavoidable start-up costs. To […] Read More…
Also posted in Business, Money
Tagged capital, investment, starting a business, startup
July 31, 2019
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