Investing in exchange-traded funds (ETFs) can give investors a reliable way to build their portfolios for the long term, with active and passive ETF strategies available to suit individual needs and objectives. But what exactly is the difference between ‘active’ and ‘passive’ ETF investing? In this article, we will explore Read More
The Central Bank of Sri Lanka (CBSL) has observed that certain individuals and entities are using financial instruments to raise funds from the public. Some of these entities fail to provide adequate information about the financial instruments and do not follow accepted procedures. This is one of the reasons why Read More
The term “financial literacy” has many definitions. For example, it means being able to manage your debt responsibly and understand how credit and investment products work. As a matter of fact, there are several basic steps you can take to improve your financial literacy. These include creating a budget and Read More
The activities of the finance department range from basic bookkeeping to providing information and supporting managers in strategic decisions. The exact role of the finance department depends on the owner and the business’s specific needs. Read on to learn more about the different types of activities performed by this important Read More
Financing is a vital part of the economy. It is a process of providing funds to businesses, investors, and consumers for various purposes. The purpose of financing is to help businesses buy products and services. Finance is used by both individuals and businesses to carry out a variety of different Read More
A business must set finance objectives when creating a new business or making significant changes to an existing one. These goals will help the company decide how to run and make decisions. The most common financial objective is to increase sales. Increasing sales will bring more revenue, which will help Read More
There are two main types of expenses: needs and wants. Needs are those things that you cannot live without. You can live without them for 30% of the time and not worry about them. Wants are what you wish to purchase but do not necessarily need. They depend on your Read More
There are many different personal finance rules, and it’s important to learn them all. Here’s how to create your own. Using your spreadsheet, specify account codes. Once you’ve selected the account codes, the next step is to set up a rule. The rules are easy to create and will help Read More
