Principal is the amount you borrow or lend. The amount of principal you qualify for depends on many things including your income and collateral. Interest
Author: The Money Engineer
I am a finance professional with a background in engineering. I am passionate about helping people unlock their true potential through financial education.
adaaga naalya (the one who struggles is the one who eats)
“adaaga naalya” is an African proverb common in the Busoga region in Uganda. The proverb says that those who struggle or sweat are the ones
Dividends and profits
Profits represent your net earnings from a business transaction. Dividends are the proportion of profits which you pay to the business owners. Dividends are a
8 signs you might be a serial entrepreneur
Restless. You’re are full of energy and vitality. You move from one thing to the other. You are not comfortable with the status quo. Too
Using leverage
“Give me a lever long enough and a fulcrum on which to place it, and I shall move the world. ” ― Archimedes Archimedes claimed that he could
Income vs cash flow
Income refers to the amount of money you earn from selling a product or rendering a service. This money could be paid immediately or at
Unlock your true potential 