How Stress Affects Your Wallet

Worry and anxiety are probably the most operative words usable as descriptive vocabularies of the term stress. Do you have fear or anxiety clouding in any sphere of your life? Do you have professional or job-related stress? Concerns about your retirement? Anxiety about whatever’s in store for the coming year? Or concerns about your personal [...]

Online Forex Trading – A Way to Enter in the Biggest Financial Market

Amongst the many financial markets existing globally, the Forex market is the biggest of them all. The Forex market is where different currencies are exchanged against each other, with daily transactions often surpassing 4 trillion US dollars. The major participants in Forex markets are the central and commercial banks, hedge funds, and multi-national corporations. However, [...]

Understanding the Importance of Residual Income

This article is aimed at explaining the importance of building residual income and also to explain the need for individuals to leverage network marketing business model if their dreams are to gain financial and time freedom. So, even if you presently work a job or business, it is needful that you pay attention to network [...]

3 Steps for Accountants to Balance Work and Home Life

Accounting practice is on a progress march, and while the hot topic of conversation is to work towards the complex advisory path, it might not be a suitable option for everyone. Embracing cloud technology has already turned the accounting landscape over its head, and has proven to be a performance booster. The popular use of [...]

Calling All Millennial Women: Your Finances Need You

In our last blog we discussed the results from the USB survey indicating the deferral of financial planning by women to their partners. If you recall, the highest demographic for this was millennial women. Millennials are famous for being an easy target for mockery but perhaps it’s time for the prior generations to help them [...]

Why People Rarely Get Rich Quick

The world seems like a huge ball full of endless opportunities to get rich but still millions, if not billions, of people are stuck in poverty. While some cases may be argued as sheer bad luck or misfortune, most people are simply not becoming rich because of various factors that will be highlighted. Most people [...]

Top Three Things You Should Do After Winning the Lottery

Winning the lottery can be a very overwhelming experience, especially if you are dealing with millions of dollars in earnings. Being handed over that kind money will naturally tempt you to splurge on all the things you’ve missed before because of your lower financial capacity. You might immediately go on a shopping spree, series of [...]

Reasons to Go Cashless and Ditch Paper Money

More and more people are leaving their cash in the bank and using their credit or debit cards for everything. In other words, paper forms of currency are out and digital payments are in. But, are cashless transactions feasible and practical? The answer is definitely yes. Here are a few reasons why going cashless is [...]

Basics of Revenue Recognition Audits

Revenue Recognition accounting is a process that depicts how sales transactions are recorded by a company in financial statements. While recording revenue, companies are mandated to comply with Generally Accepted Accounting Principles (GAAP). As per GAAP, in order to book a sale as revenue, the revenue should be recognized initially. Consequently, for a revenue to [...]

The Secret Legacy Behind “Buy Term and Invest the Difference”

In 1965, A.L. Williams died of a heart attack. He had a whole life policy, but it left the remaining Williams clan underinsured. This left an impression on his son, Art L. Williams, Jr, whose cousin later introduced him to the concept of term life insurance, which was relatively unknown at the time and provided [...]