Tag Archive for: cost accounting for dummies

Let’s Talk Taxes: Understanding the Basics

Taxes are the government’s financial charge to each individual that is necessary for funding state projects. Many citizens find this obligation a bit of a burden, due to the complex paperwork and financial responsibilities. But what do we get from submitting our taxes? Why does the government impose strict compliance to these charges?   Paying […]

Signs You’re Bad At Saving Money

It doesn’t matter what you earn, saving money is something that everybody should try to do for their own financial future. Saving money isn’t a skill you should be born with. You can learn all the skills you need to build your wealth. The first step is to acknowledge that you aren’t great at saving. […]

What the Warby Parker Stores Teach Us About Capital Budgeting

  Warby Parker, the eyewear company, is “aggressively expanding its bricks-and-mortar footprint and says it is on track to open 35 new stores this year”, according to the Wall Street Journal.   Now, that may seem strange after the pandemic, but the business has noticed a consumer trend. Many shoppers want a hybrid buying experience. […]

How Online Learning Helps Students Move Forward in the Pandemic

The way people do things has changed drastically during the pandemic. There are a lot of things you may be familiar with that have become different right now. From work to school, people have been forced to adapt and adjust to how things have moved from outside the home to within their homes.   Online […]

5 Everyday Practices That Will Help You Better Manage Your Finances

One lesson to learn from the Coronavirus pandemic is the importance of having an emergency fund. The onset of this pandemic saw many people enter into a panic mode after losing their jobs and sources of income. The cases of depression and hopelessness have since heightened ,as people work towards re-establishing themselves. The truth is […]

Innovations that Can Assist Entrepreneurs in Business Finances

Financial management will always be a pivotal part of every business that wants to improve profitability and stability. But with the many duties that entrepreneurs need to attend daily, there may be instances when one would find it hard to keep track of their cash flow. Luckily, with the numerous digital solutions nowadays, handling budgets, […]

How Religious Beliefs Can Affect Your Finances

Religious beliefs may have a huge influence on important life decisions. It’s not uncommon for individuals to reject a job offer from a business that goes against their faith values. Indeed, people need a reference pattern in terms of what is right or wrong.   Emotional engagement, intuition, factual information will play a crucial role […]

Business Costs Increasing? Accounting Tools to Maintain Profitability

It’s June of 2021, and business costs are increasing in a number of industries. Manufacturers are paying more for raw materials, computer chips are in short supply, and restaurants are struggling to find enough staff. There are several factors that may hurt your bottom line:   As we come out of the pandemic, consumers are […]

Should You Really Plan Your Funeral Now?

Before you click to another post thinking this one will be depressing – wait!   Funerals and death? It’s obviously not the nicest subject to discuss. The thing is, this is something that will happen to literally every single person in the world, and avoiding the conversation doesn’t stave off the time you have. Talking […]

5 Ideas To Reduce Your Driving Costs

Owning a car can get pretty expensive: there are the purchase costs, insurance, fuel, and the repairs. Fortunately, there are lots of ways that you can reduce your driving expenses. Here are five ideas to help you start saving.   1 . Regular maintenance   When you own a vehicle you must schedule regular maintenance […]