On the surface, the main personal finance lesson from this year is that each of us must find ways to insulate ourselves from individual financial shocks and general recessions. While we might not always know when exactly a downturn is coming or what will set it off, recent trends have shown that we can expect [...]
Budgets have been spent, targets have (hopefully) been met and it's time to start the process all over again! Businesses across the country will be reflecting on the last 12 months and setting their goals for the next financial year. This planning is critical to both your long and short-term success, so it's important you [...]
Where Not to Start While there are quite a few great resources out there for learning about investing, there are also many resources out there that are pretty poor tools for learning for various reasons. Until you’re very familiar with investing topics, I would avoid these information sources and take the words they say about [...]
Recently, we’ve seen signs that many businesses are reopening during the last quarter of 2020. Yet uncertainty remains. In some states, businesses have reopened in recent weeks only to be told to close or reduce their capacity for customers. It’s becoming increasingly challenging to plan for the future. Consequently, many business owners and leaders might wonder [...]
You might already know from your first ten trips to the hardware store that there are many kinds of paint, each of them specialized for a specific paint job. Paints are differentiated into what kinds of surfaces they cover best and last the longest on. There are two main types of paint: water-based and solvent-based. All paint [...]
It might feel tempting to close the door on 2020 and hope for better next year, but don’t give up: There are six months left to turn things around and plan for a better second half. After a rocky start, however, if you’re feeling a bit discombobulated, it might be best to stop, regroup and [...]
Nigeria has slipped into a recession after its gross domestic product contracted for the second consecutive quarter, according to official data released. Africa’s biggest economy is in recession for the first time since 2016. The recession four years ago was its first in a generation, and the country emerged from it the following year. However, [...]
The Presidents of forty-four (44) African countries just recently signed the agreement for the creation of African Continental Free Trade Area (AfCFTA). The success of AfCFTA will make it the biggest trade agreement since the formation of the World Trade Organization in 1995. By reducing barriers to trade, such as removing import duties and non-tariff [...]
Defining good and bad debt Whether a given debt is good or bad depends on several factors. There’s the interest rate and the amount of time it will take you to pay back the loan. Then there’s the matter of what you’re borrowing the money for. Equally important to consider is your unique tolerance for debt. [...]
Bitcoin was first released on January 9, 2009. For the first few years, it was largely ignored as nothing more than an interesting phenomenon. Technicians and futurists could see the future potential of cryptocurrency in general, but it wasn't drawing much interest as an investment. But as the years have passed and hundreds more cryptocurrencies [...]
