Year after year, studies have shown that financial illiteracy is a big problem, not only in the UK but the rest of the world as well. The UK isn’t as bad off as some countries, but we’ve no cause to…
The modern world undergoes rapid changes in almost all the rounds and financial management is not an exception. Increasing possibility of carrying on business abroad, establishment of the international financial institutions, international tourism and the numerous related factors require development…
Big Winners Jim Maroney was one happy fellow. He’d just won the Euro Millions lottery. Like everybody else, he had been buying tickets for years, never imagining to win, but unexpectedly, the day had come. Jim and his wife religiously…
n the housing industry, it’s called “negative equity.” In the automotive industry it’s called being “upside down.” In both cases, it means the same thing: You owe more money on an asset than the asset itself is worth.