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Term of the day

Straw Buyer

Individual making the purchase on behalf of another who cannot complete the transaction for various reasons. Straw buying is not necessarily illegal unless the transaction entails fraud or purchasing products for an individual ...

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InstaForex
Building Wealth
Building Wealth
Divulging Secrets to Financial Planning
Investors, this is interesting. We are divulging some secrets about financial planning.   Perhaps you know what exactly financial planning is or you totally forgot about it .
Finance for Individuals
Finance for Individuals
Financial Myths to Look Out For
While our folks’ advices on money handling were great 20 or 30 years ago, it is not exactly wise to apply them nowadays, especially with a drastic change in our economy. So as you get your fi rst ever pay and start managing your own finances, it is important for you to be aware that not everything you hear will be a good move for you to try.
Financial Literacy
Financial Literacy
Financial Models Made Easy
Since analytics and subscriptions are quite expensive, it is good to know that a huge chunk of work done by experts can be done through Excel, which is one click away on your own computer. Using th is simple office application, you too can create your financial drafts.
Money Smart
Money Smart
Marrying Later in Life? Secure Your Finances
Even if you are about to marry or remarry, a lot of twists and turns will come your way. While challenges and hardships are inevitable, at least we can do something to secure our finances. Speaking of finances, here are the five areas you must talk over with your future significant other to ensure your best interests.
Taxation in Finance
Taxation in Finance
Introducing the Federal Tax Brackets
The first federal income tax statute stemmed from enacting the Revenue Act of 1861, which was passed by the Union government to help fund expenses related to Civil War. Then the second revenue was passed in 1862, which introduced two tax brackets: 3% for annual incomes ranging from $600 to $10,000, and 5% on incomes $10,000 and above.
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