5 Ways COVID-19 Impacts Financial Plans For Retirement & What To Do About It

According to the UN’s World Population Ageing Report, in 2019 there were 703 million persons aged 65 years and above and is expected to double in 2050. People aged 65 and above living in 2015-2020 is expected to live, on average, an additional 17 years. Advances in healthcare and technology have contributed much to a…

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5 Smart Ways To Manage Personal Finances In A Pandemic

The spread of COVID-19 has dramatically changed the landscape worldwide, affecting not only public health but also social, professional, and, importantly, financial conditions. The abrupt change presented economic challenges, some new and some just lingering underneath, causing great financial stress. So, what is personal finance like in times of a pandemic? Some factors causing financial…

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Financial Ratios Analysis and its Importance

What are Financial Ratios? Financial ratios are calculated relative ratios mostly derived from a company’s financial statements (see also the definition as per Wikipedia). They are required by management, financial analysts, investors, creditors, and other stakeholders to understand better and read financial statements. Also, calculating financial ratios puts the financial statements into perspective when comparing…

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