Recession is a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. During a recession, businesses struggle to make profits, leading to layoffs and job losses. Unemployment rates tend to rise significantly during a recession. Reduced consumer spending: Consumers tend […]
Do you have financial goals? Saving will undoubtedly help you achieve them. Learning ways you can save will make managing your finances and achieving your goals easier. Here we tell you how to combine SMART goals with other strategies for more intelligent saving. SMART is a well-known method of setting career goals. Knowing what each […]
A professional profile can be essential to your success on Upwork. It’s your introduction to prospective clients, an important opportunity to grab attention and set yourself apart from the competition – not just as part of your proposals but also for potential clients who may discover your profile. Many clients search for freelancers with the […]
This article will help you know what to look for in a Mutual Fund investment such as fund performance and risk profile to make informed investment decisions. Mutual Funds are an appealing option for individual investors, offering access to a diverse range of assets with an initial investment as low as USD 1,000. They also […]
Prioritising your debts will help you feel more in control of your money. You could start by drawing up a budget that looks at your spending and assesses how much you have available to repay each month. If you can, look at any areas where you could cut back to free up more money. If […]
Knowing you need some extra cash in your pocket is pretty easy. All you have to do is look in your wallet. The not-so-easy part? Figuring out how to make extra money. These days it seems like everyone is working some kind of side gig, renting things out, or selling unwanted stuff to make extra […]
Many people assume that a family business is the most fragile form of investment. They believe it may not go further than two or three generations. For this reason, they might not want any involvement with it. According to Harvard Business Review, many articles or speeches about family businesses today include a reference to the […]
The dynamics in social climbing The Collins dictionary defines social climbing as the act of trying to get accepted into a higher social class by becoming friends with people who belong to that class. In other words it’s called strategic friendships and partnerships. Someone may want to ask why social climbing is necessary in today’s world. […]
As an AI Consultant, I recently worked on a project which enabled me to delve deeper into the world of AI. Artificial Intelligence is the story is on people’s lips worldwide as we engage with the next big thing. AI has crept into every aspect of our lives bringing mixed feelings, and changing lives in […]
Retirement is the goal that every working man and woman aims for in their life. It is the chapter in your life where you can rest after a lifetime of hard work. No more early mornings, no more stressful meetings and no more nightmarish deadlines, just relaxation. But what will you do if you run […]
