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In the book of Matthew, it is written, “Seek and you shall find”. This is a bible verse that resonates in the minds of many when it comes to looking for money. Despite putting in the effort, most still find it challenging to make enough money and end up asking: why is it so hard …
Shelter is a basic need, and it lies right after food. When a person is embarking on home improvement or construction projects, it is important to find a reliable and cost-effective source for building materials. There are many players in the sectors with most of them, like 84 Lumber being notable. This is a company that has …
In financial management, the concept of “Lean” reshapes traditional paradigms and fosters operational efficiency. At its core, it embodies a holistic approach to resource utilization, emphasizing the maximization of value while minimizing waste. It extends beyond mere cost-cutting measures, encompassing a strategic mindset that permits every facet of financial planning. In comprehending the dynamics of …
Machine learning is gradually becoming the talk of the town. This is a subset of artificial intelligence (AI) that has become a driving force in reshaping the finance industry’s landscape. This transformative technology is rooted in data analysis and predictive modeling. Beyond revolutionizing traditional practices, it is ushering in a new era of efficiency, accuracy, …
In the finance landscape, financial planning is a common term. This is a term that can be applied in diverse settings depending on the context to which you are referring. According to scholars like Wheeler (2020), financial planning can be perceived to be divided into two major components: mechanical mathematics and human emotion. These two …
I guess what I am about to say is partially true, if not entirely true. You have recently found/received a package from Fidelity National Financial in your mailbox and probably wondered why it showed up at your door? There are multiple reasons why this could happen and this is mainly the reason why we decided …
Financial domination, a.k.a Findom, is the one thing that emerges as a unique and consensual practice as it offers a distinctive blend of power dynamics and trust. Unlike traditional relationship structures, financial domination involves a consensual exchange of power where one participant willingly surrenders control of their finances to a dominant partner. This is something …
A financial advisor is a professional tasked with offering expertise for customers’ decisions surrounding money, personal finances, and investments. Lourenço et al. (2020) hold that financial advisors seek to accurately measure a person’s risk preferences and provide individualized investment advice that I sound in nature. So, why would a person want to quit such a …
In relationships, conversations about finances hold a unique significance. This is something that stands as a fact irrespective of the relationship you have with another person. Be it your friend, partner, parent, relative, or even a stranger, when a conversation is about finances, there will always be a change in various aspects of the conversation, …
One thing that cannot be disputed is that businesses require capital or rather funding for them to continue their operations and benefit the community. On the subject of funding, securing funding might be a daunting obstacle for most small and medium-sized enterprises (SMEs). The primary reason behind this is the perception that banks have. They …
