Money Bible Verses: On Saving and Emergency Fund

Saving money seems to be an easy task. But the reality tells the other way around. The truth is… it is difficult to set aside money. This is because we do not only encounter controllable temptations to spend money, but also we often face uncontrollable circumstances that lead us to use them. These unmanageable circumstances [...]

Money Bible Verses: On Investing

Many people invest. Some of them get returns, some get losses. But other people don’t even care to invest, and most of them fall into debts and poverty. In the financial realm, investing can be a good move for any person who wants to achieve financial freedom. Psychologically, it can also strengthen a person’s behavior [...]

How to earn more profit: 5 ways to succeed

So how can we earn more profit? How can we achieve more income to cover our costs and expenses? Earning more net profit is not impossible. However, you must bear in mind that it cannot be done overnight. It takes a lot of knowing yourself and knowing your surroundings. Placing ourselves from financial security lies [...]

5 ways to avoid poverty and becoming poor

Who wants to become poor? Who wants to become a prisoner of poverty? Probably, no one wants to become poor. We dream of riches. We desire it not only for our own happiness and consumption. We want it also for our family and maybe for our country. But being rich is not an easy task [...]

How to take care of your money?

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

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 [...]

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