How to Use a Bank wire
A wire transfer is a great way to send money quickly and safely. It is a fairly simple process,…
What is a bank statement?
Your financial institution prepares a bank statement each month. A bank statement shows all the transactions and income related…
How to conduct an international wire transfer
The fastest way to transfer money from one bank directly to another is through wire transfers. It’s relatively easy…
What is per capita?
“Per capita ” means “per person.” In statistics, business, and economics, this term is used to describe an average per…
What is the New York Stock Exchange and how does it work?
DEFINITION Stagflation is when there’s high inflation during a time of slow economic growth. Stagflation is a problem for policymakers,…
How to Open a Banking Account and what you need.
You’ll have to select a bank, and then provide them with the necessary information. This includes your ID…
Co-op shared branching is another credit union perk.
You may already be aware that a Credit Union is a popular banking option for many because of its community…
How to convert percentages to decimals
Understanding and your finances is made easier by knowing how to convert decimals to percentages and vice versa. You need to…
Understand the available balance in your bank account
When you check your account status, you may find that there are several balances including an “available” one.…
What is the Labor Force Participation rate?
The Labor Force Participation Rate (LFPR) is the percentage of the population that are actively seeking or working. The Key…