“Never depend on single income. Make investments to create a second source” – Warren Buffett
Deflation refers to the scenario in which the supply of money inside a society dwindles and consequently the prices of commodities decrease.
Even the most successful of businesses inevitably face a cash crunch or two during their lifetime during which paying bills, giving employee wages, handling operational costs, etc become a nightmare. Here’s how to avert such adverse events through cost-cutting strategies.
“I have not failed. I’ve just found 10,000 ways that won’t work.” – Thomas Edison
In 1945, the Government of Hungary printed the highest denomination currency note ever created. It printed a bank note worth 100 quintillion pengoes which looks like this: 100,000,000,000,000,000,000 Also read: #FindOutFriday: The Incan Empire Used This As Currency!
The Indian fintech industry is likely to continue its current boom in growth, with the global Fintech software and services sector predicted to touch USD 45 billion by 2020 at a Compound Annual Growth Rate (CAGR) of 7.1%. Source: makeinindia.com
Some may say it’s impossible. Some may call you crazy. But once you show it’s possible, everybody will want to be like you. Wondering what we’re talking about? We’re talking about how anyone can become a millionaire before they hit 40! Curious? Read on to find out how you can achieve the seemingly impossible. Work…
“It’s not the employer who pays the wages. Employers only handle the money. It’s the customer who pays the wages.” – Henry Ford
Managing Money in Your Forties There isn’t a time like middle age to come to terms with the fact that you need to spend and save intelligently. This is the point in time you realise that all the dreams that you had laid out for your family in your late twenties are about to come…
As India’s leading invoice discounting platform helping businesses through our working capital solution, we are often asked how KredX ensures the authenticity of invoices listed on the platform and how we weed out the defaulters from genuine vendors like yourselves. Here we break down and explain the process we follow to ensure this. Being a…