Personal Finance Tips #7: Educate Yourself

Knowledge is power! That is why if you want to strengthen your personal finance, you need to gain knowledge. Our seventh personal finance tip is to educate ourselves. Education doesn’t only mean you need to go to a school or a university to acquire it. It also includes education outside from schools. Education can also [...]

Personal Finance Tips #6: Forget the Money

The title of this article may sound absurd. How can we become financially stable if we forget or ignore money? But what most of us don’t know is that too much attention on money can bring us financial disasters, and even a whole life problem. Many people have loved money more than anything else. They [...]

How to remove curse and bad luck?

Have you ever thought that you are cursed or having bad lucks? Life can be filled with unpleasant to terrifying things and events we usually called bad lucks. These things can happen to our love life, career, business and finances. I am not a Feng Shui expert who perhaps manages to control the position of [...]

What is a statement of cash flow? Financial definition

International Accounting Standard (IAS 7), issued by International Accounting Standards Board (IASB) states that the statement of cash flow analyzes changes in cash and cash equivalents during a period. Cash and cash equivalents comprise cash on hand and demand deposits, together with short-term, highly liquid investments that are readily convertible to a known amount of [...]

What is a statement of comprehensive income (income statement)?

The statement of comprehensive income illustrates the financial performance and results of operations of a particular company or entity for a period of time. It is one of the five basic components of a complete set of financial statements, the other four being the statement of financial position, statement of cash flows, statement of changes [...]

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