INFLATION

Inflation is the decline of purchasing power of a given currency over time. A quantitative estimate of the rate at which the decline in purchasing power occurs can be reflected in the increase of an average price level of a basket of selected goods and services in an economy over some period of time. The […]

THE SEVEN STEPS TO AVOID BEING A Money Moron

It’s easy to fall into the trap of spending too much or earning not enough… Here are tips from thecodetoriches.com on how to avoid being a financial nitwit! by Paul Andrews 1. START OWNING Ownership of a business is the closest thing that exists to a “sure-fire” way to becoming wealthy. If you want to […]

Analyzing a Career in Credit Analysis

A credit analyst is responsible for assessing a loan applicant’s ability to repay the loan and recommending that it be approved or denied. Credit analysts are employed by commercial and investment banks, credit card companies, credit rating agencies, and investment companies. They may also work in the credit departments of a wide range of companies. […]