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There will be a big change in temperature across parts of Europe this week. Northern Scandinavia experienced unprecedent...
05/07/2022

There will be a big change in temperature across parts of Europe this week. Northern Scandinavia experienced unprecedented heat last week with Tana Bru and Banak in Norway reaching 32.5C on Wednesday, the hottest June day ever recorded within the Arctic Circle. Other areas recorded temperatures of 30C to 32C on Saturday.

Financial literacy will save you from rash decisions in unstable periods, for example, from buying or reselling currency...
04/07/2022

Financial literacy will save you from rash decisions in unstable periods, for example, from buying or reselling currency at the first opportunity, investing money in unnecessary things. Accordingly, this will save money or manage it wisely.

Financial literacy is a set of approaches, rules and practices, following which we can manage our financial flows so eff...
04/07/2022

Financial literacy is a set of approaches, rules and practices, following which we can manage our financial flows so effectively that it will allow us to become richer, achieve our goals and not reduce our standard of living even in adulthood.

What distinguishes some financial instruments from others? There are two main characteristics. This is profitability - h...
01/07/2022

What distinguishes some financial instruments from others? There are two main characteristics. This is profitability - how much profit you will receive, for example, interest on a deposit. And the second is the level of risk - in other words, the probability of losing your money. Here, for example, deposits, in terms of profitability and risk, can be assessed as follows: profitability is low - some few percent per year, but high reliability, this money is difficult to lose. Comparable to the profitability of stocks, which can add half to your money in just one day. Or they may not add, you can lose everything, this is a high level of risk.

Personal financial pyramid. What's this? Every person who strives for well-being should have not just savings, but a rea...
01/07/2022

Personal financial pyramid. What's this? Every person who strives for well-being should have not just savings, but a real well-formed portfolio of personal finances. This is the total of your savings denominated in different financial instruments. What are financial instruments - these are various deposits, shares. All these are financial instruments, because with the help of both the contribution and the shares, you make a profit.

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