How to reduce your monthly expenses?
April 29, 2010 by Victorino
Filed under Personal Finance Tips
We are facing a monthly challenge, and that is how we can manage our monthly expenses. Business, professional, personal and household expenses are spent because we need or we want them. But sometimes coping our expenditures become a hard task that usually goes beyond our income and resources. The result is falling into debt and [...]
How to take care of your money?
April 27, 2010 by Victorino
Filed under Money Matters
Money can be everything to us if we use it the right way. That’s why we should do our best to save them and let them grow in our hands. Although money is just a piece of paper or just a coin of metal, we should also take care of them so that they may [...]
What is a statement of cash flow? Financial definition
April 24, 2010 by Victorino
Filed under Financial Accounting
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 financial position (balance sheet)?
April 20, 2010 by Victorino
Filed under Business Finance, Financial Accounting
As amended by International Accounting Standard – IAS 1 (2007), issued by International Accounting Standards Board (IASB) on September 6, 2007, some terminologies in the preparation of financial statements are amended. These amendments include the change of the “balance sheet” term to “statement of financial position; “cash flow statement” to statement of cash flow” and [...]
How to Save Money on Your Entertainment Expenses
April 7, 2010 by Lord
Filed under Personal Finance, Saving
With the hectic lifestyle that almost everyone is exposed to in the day to day life, it is vital that one finds time to unwind and let go off the steam. This brings to mind the need to find ways of entertaining one’s self with the different entertainment options that are at our disposal. Even [...]
10 Attitudes that Help You Get Out of Debt
April 6, 2010 by Victorino
Filed under Debt Management, Personal Finance
Do you want to get out from your debts? Then read this article. It may sounds very basic, but these principles are the most forgotten ones. We resorted to the sophistication (or may I say complication) of debt consolidation, payday loans, et cetera to gain financial freedom; but the truth is, they only make our [...]
