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Tips to Educate Your Children about Basic Finance Concepts

Tips to Educate Your Children about Basic Finance Concepts

Don't you think that your children should be literate enough to understand money management, basic finance concepts and routine banking practices? You must be aware that money doesn't grow on tree. However it is equally important for your children to understand the value of money and importance of financial education. Children should be made to realise that preserving the money is tougher than earning money. Familiarity with basic finance concepts can make a big difference when the children grow up. You might wonder how to go about in motivating the children to learn basic finance. Well, the best way is the practical education as it ...

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Time Value of Money

Time Value of Money

Money has time value – Rupee available today has more value or is worth more than its value a year hence or in future. This is the fundamental idea behind time value of money. What is the logical reason behind the concept of time value of money? Every human being in general prefers immediate consumption rather than postponing it to future. An investor would prefer to receive a Rupee today rather than a Rupee in future so that Rupee can be deployed for better productive use immediately - say by keeping it in a savings account that would generate positive returns. Rupee deployed in this fashion would be equal to (1+r) where r is t...

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Tips to Educate Your Children about Basic Finance Concepts

August 11, 2012, 2 Comments

Don't you think that your children should be literate enough to understand money management, basic finance concepts and routine banking practices? You must be aware that money doesn't grow on tr...

Clearing, Settlement and Risk Management of Currency Futures in India

NSE (NationaStock Exchange of India) has witnessed healthy growth in the turnover and open interest positions during its first completed month of currency futures trading in India. NSE commenced currency futures trading in India on 29th August. CDX (Currency Derivative Exchange), currency derivative segment of BSE (Bombay Stock Exchange) commenced currency futures trading from 1st October. BSE on its very first day of trading in currency futures clocked a turn over of about 65,000 contracts, which is approximately Rs. 300 Crores. With ever-growing globafinanciacrisis, exchange rates are fluctuating widely. INR exchange rate has touch...

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Five Simple Steps to Motivate Your Development Team

Five Simple Steps to Motivate Your Development Team

Among the most significant features that pushes work forwards to success is motivation. This works as much in the area of software development. On one hand, there's internal motivation - from the business to workers. On the other hand, there's motivation that is started by the software proprietor the customer of the business. Both types of motivation result in aspirations to create a perfect merchandise. This is not said merely for the benefit of a witty comment. Among the best things said about motivation is ''Just taking away the things which make people dissatisfied, will only lead to individuals having impersonal feelings towards th...

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Top 10 Attractions In Alexandria

Top 10 Attractions In Alexandria

Alexandria was founded in 331 BC by Alexander the Great. It is the second largest city in Egypt, after Cairo. It has its own international airport so is easily accessible for tourists. You’ll see the contrast of old and new here, and see how the two can work together well and complement each other. Montazah Palace and Gardens The palace was used as a summer residence for the royal family. The building is now sadly closed to the public. However, the palace itself is something worth looking at; the beautiful Turkish style architecture is stunning. A walk around the beautiful gardens and forest reserve will have you relaxed and refreshe...

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Save Money on Car Repairs and Upgrades with Aftermarket Auto Parts

Taking your vehicle to an auto shop for repairs assures you that the dealership’s services will include OEM (original equipment manufacturer) car parts. Yet, an independent car shop will most likely use aftermarket auto parts. Although it’s nothing wrong with implementing used car parts, you are advised to opt for a competent independent shop to be 100% sure that your vehicle is in good hands. Aftermarket parts feature great benefits; they’re cheaper, which can only mean that you won’t need a fortune to do some essential repairs to your vehicle. A better understanding of aftermarket car parts Aftermarket auto parts feat...

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On the Road Again: Thanksgiving Home Security Tips

On the Road Again: Thanksgiving Home Security Tips

Thanksgiving is only a couple weeks away, and this year alone an estimated 93 million Americans are expected to travel for the holiday. While it’s easy to get caught up in the hustle and bustle of flight numbers, itineraries, recipes, and visions of decked-out dining tables, don’t forget the importance of securing your home before you head out. With millions of homes left empty across the country, the opportunity for burglary is heightened. Reduce your risk by taking these simple but effective measures, and ensure a happy, worry-free holiday for you and yours. 1. Take care of everyday items Turn off your telephone ringer o...

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Is Your Septic Tank Full? Warning Signs to Watch For

Is Your Septic Tank Full? Warning Signs to Watch For

Your septic tank. It’s a dirty subject but it’s one that has to come up from time to time. If you live in an area where you have a septic system instead of a public sewer system, you already know the trials associated with septic tank care. One of your most important tasks is to be conscious of when you need to have your tank emptied so that it does not overflow and cause damage to your home or the environment around it. Disturbing Odors It’s not uncommon for kitchen and bathroom sinks and drains to occasionally have a foul odor. This can happen in just about any home. With a septic tank, though, the odor will emanate from any drai...

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7 Awesome Classical Style Living Room Decorating Ideas

7 Awesome Classical Style Living Room Decorating Ideas

Are you interested in creating a classical look in your living room, but have no idea where to start? The good news is there are several things you can do to make your modern living room appear historic. Whether you bring in furniture with classic lines or add detail to the room, you can give your living room a classical style. The following are just seven awesome classical style living room decorating ideas. 1. Update Classical Style Furniture with Modern Fabric If you're willing to invest a bit of money, you can have furniture custom-made with classical style, but modern fabric. You could even purchase furniture in thrift stores or ant...

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10 Most Used Health Secrets in the Kitchen

10 Most Used Health Secrets in the Kitchen

What you eat has a direct or indirect impact on every facet of our life- physical, mental, and social. Our food habits determine how healthy a life we would lead. One may not give much attention to it but our foods also severely affect our emotional side, our moods, and the mindset. Food has been a crucial component of social gatherings since forever. Nature has been benevolent enough to give us everything to lead a happy and a healthy life. Many natural food items have the power enough to fight some life threatening diseases. The lifestyle today is drastically different from what it was 50 years ago. The advancement in science and tech...

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Must See Attractions to Visit in London

Must See Attractions to Visit in London

London is the capital city of England and the United Kingdom. A vibrant city with a population of close on 8.3million (July 2013) and a range of diverse cultures inhabiting the area; it is a wonderful city to visit. London city covers an area of approximately 1572 km2 and is separated into boroughs. When you visit London there will be many attractions to see and many of them are free. Of course there will be some paid attractions but you can most definitely visit London on a budget too. One really good option which will allow you to see all the major sites in ultimate luxury and comfort is to hire a limo and get a tour around this wonde...

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7 Tips to Develop Retail Skills

7 Tips to Develop Retail Skills

Do you know what skills retail employers look for? If not, then read on to know the most important seven retail skills and how to develop them. Retail is a flourishing and one of the highest paying industries. In order to seek a career in retail, it is imperative to know the skills required and how to acquire them to gain a competitive advantage over your competitors. There can be different roles in the industry that demand specific set of competitive skills. For instance, a visual merchandiser needs to have a keen eye for 3-D design and flair to convert these design concepts into display products for customers. On the other hand, a ...

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Getting the Best Web Developer: Avoid Getting Screwed

Getting the Best Web Developer: Avoid Getting Screwed

So say you need a web developer or designer. But shame if you just haven’t had the ways and means to know where to get the team or the person. That would be disastrous. Your web developer is your ultimate clearance to make your website work, to make your business work. So how are you going t do it? With the onslaught of lots of career people all over the internet, you can’t help but find it hard to find the genuine one. Even great websites and companies get copied or scammed. Why a Good Website is a Must A good, well developed and well designed website will be the ultimate knowing point of your success in online venture. As ever...

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