Capturing Value: Unveiling the Dynamics of Market Share Introduction:Market share is a critical metric in business strategy, reflecting the portion of total industry sales or revenue that a company commands. This essay explores the definition of market share, emphasizes its importance in assessing competitive positions, and discusses how individuals and businesses can leverage market share… Continue reading Understanding a Market Share
Category: Income
On FDIC
Have you gone to the bank lately? If you’ve made a deposit you may have noticed that the bank insures up to $250K. You might have given some thought to it, on how banks make money that is, and the reliability of banks returning your deposit. If you recall the crisis with Silicon Valley Bank… Continue reading On FDIC
Definition ‘What is Equity’?
Equity refers to the ownership interest that an individual or group of individuals has in an asset, after any debts or other liabilities associated with the asset have been subtracted. It can also refer to the value of a company’s assets minus its liabilities, which represents the residual value that would be left over for… Continue reading Definition ‘What is Equity’?
Definition – What is a ‘Royalty’?
A royalty is a payment made to an owner or creator of an asset, such as a patent, copyright, or mineral rights, for the right to use that asset. In the context of income, royalty income refers to the revenue earned by the owner or creator of an intellectual property, such as a book or… Continue reading Definition – What is a ‘Royalty’?
What is a ‘Commission’?
A commission is a fee paid to a salesperson or agent as compensation for their role in facilitating a transaction. When a salesperson sells a product or service, they may receive a commission as a percentage of the sale price. This incentivizes the salesperson to work harder to sell more products, as their earnings are… Continue reading What is a ‘Commission’?
Why 401(k) is important for your retirement plan
A 401(k) relieves you from the burdens of work. Retirement planning is important because during retirement years you will have comfort and needs. Your retirement savings will be a source of income that removes or reduces your need to maintain employment. While having income for healthcare and other insurances. What’s a 401k A 401(k) is… Continue reading Why 401(k) is important for your retirement plan
What is Interest: Simple vs. Compound interest explained
Your financial health is important. You only need to understand a few key concepts to evaluate your current financial status. These resources are free and available to you here. In this article, we discuss ‘interests’. To understand what interest is we must first begin with two key elements of economics, principal and time. Let’s say,… Continue reading What is Interest: Simple vs. Compound interest explained
What is a Recession?
Recession Demystified If you have been paying attention to the news lately or couldn’t put your phone down because of social media, you most certainly have heard the word recession. Well, what is a recession? Let’s start with what a recession is NOT. Depression is not a typical recession. Though it is a type of… Continue reading What is a Recession?
Higher Learning, Higher Earnings?
Life, though worthwhile, can bring about many challenging trials, especially financially. I don’t know about you, but there always seems to be room to advance regarding our income! There are seldom moments where you think, “I make too much money.” In all honesty, It’s probably a more frequent feeling that you don’t have enough. At… Continue reading Higher Learning, Higher Earnings?
Price versus Value analysis
You always want to spend less. To have more money. Applying for a CC you want a lower APR. APRs at 25% are too high. We want to manage our credit. Additionally, we want to manage with low APRs. I have done a lot of work on my credit. My focus has primarily been… Continue reading Price versus Value analysis