In the first quarter of 2023, a record was set in the United States: people borrowed more money than ever before, reaching a total of 4.84 trillion dollars. This isn’t just a one-time spike; it’s part of a trend that
Recent data (1st quarter, 2023) indicates that around 30% of Americans report experiencing financial difficulties or even crisis conditions. Interestingly, this figure shows a noteworthy decline of almost 19% from the numbers recorded in the third quarter of 2022. While
When it comes to investing, various strategies can be employed, each with its own strengths, weaknesses, and appropriate scenarios. Two of the most common investing styles are “Income Investing” and “Growth Investing.” While both approaches aim to generate wealth over
When learning how to invest in bonds for beginners, it’s essential to start with a fundamental understanding of what bonds are. Bonds are debt securities issued by entities such as governments, municipalities, and corporations to raise capital. When you purchase
In today’s world, financial literacy has become a necessity. One of the most fundamental concepts everyone should grasp is the difference between saving and investing. Both play vital roles in wealth accumulation, but they function quite differently. This article aims
In the bustling world of investing, a trend is quickly gaining popularity that aims to intertwine economic prosperity with ethical practices. This is the concept of Socially Responsible Investing or SRI. The era we are living in is defined not
