Time Value of Money - Image

The Concept of Time Value of Money. How it helps us to manage the cash flows wisely?

There is a concept of finance that says that there is a ‘time value of money.’ It is one of those concepts which works as a foundation of all money management. But before we can understand the time value of money, we must know who should care about it. Theoretically speaking, everyone is affected by this concept. But…

Compound Interest Formula - image

What is Compound Interest? Use it to learn about long-term investing [Calculators]

The compound interest formula can teach us the basics of long term investing. We heard about simple interest and compound interest way back in our school days (Class 8th). But in those days, we never realized that these formulas had so much learning for us I feel, had our teachers exemplified us more about compounding returns in those days…