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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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Why should you Consider Pursuing MBA in Marketing?

Why should you Consider Pursuing MBA in Marketing?

One of the oldest specializations, an MBA in marketing still happens to be a sought-after domain. The following post explores the benefits of pursuing an MBA in marketing and the best career choices thereafter. While MBA in marketing is one of the oldest specializations, it continues to be one of the most coveted ones. While it can be challenging, time-consuming and even expensive, an MBA can always turn out to be a prestigious degree that offers competitive benefits over other degrees. So what are the benefits of pursuing an MBA in marketing? Here’s how: Benefits of MBA in Marketing As a specialization, MBA in marketing prov...

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Choosing the Right Hot Water System: Key Factors to Consider

Choosing the Right Hot Water System: Key Factors to Consider

What type of hot water system should you go for? That is one question many homeowners have to answer at one point or another. While a ‘one-size-fits-all’ option is ideal, there is no such thing. Undoubtedly, choosing the most suitable one would be challenging. However, it can be done. Narrow down your options by taking the following essential factors into consideration. Household Size Understandably, the size of your household is one of the key factors you need to take into account when deciding on the most suitable water system to purchase. As a general rule of thumb, if there are 2 or more people in the household...

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4 Health Benefits of Good Oral Hygiene

4 Health Benefits of Good Oral Hygiene

It has long been established that oral hygiene has a huge impact on overall health. To stay in the pink of health, you should never shy away from taking care of your gums and making your teeth stronger. Do your best to adhere to proper oral care practices so you can prevent all sorts of dental problems. Aside from flossing daily and brushing at least twice a day, you should also sign up for regular dental checkups. The following are just four of the many reasons why good oral hygiene is necessary to a healthy life. Good oral hygiene can improve cardiovascular health Poor dental health can increase the risk of heart disease. ...

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Home Appliance Trouble and Maintenance Tips

Home Appliance Trouble and Maintenance Tips

Home appliances are a necessity of life that for the most part we couldn't be without. But they aren't self-sufficient. A certain amount of care and maintenance is required so that they will remain in good working condition, and you can avoid things like air conditioning repairs. Lack of this care can cause an appliance to break down which can result in expensive repairs. But a little maintenance can go a long way toward keeping these appliances in tip top shape and thus saving you money in repairs. Here are some suggestions on how to keep your everyday home appliances running smoothly: Refrigerators Regular maintenance on a refriger...

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Diets That Can Boost Immunity and Nutrition Strategies

Diets That Can Boost Immunity and Nutrition Strategies

Drugs and supplements are often not the answer in regards to boosting your immunity. All that supplements do is give you a dose of concentrated nutrients that you would have otherwise gotten from a supply of a healthy diet that would be much cheaper and safer for you. Numerous food products are available that are capable of boosting your immunity system in a perfect fashion. The inclusion of super foods on an additional basis will let you come across several benefits as per the precise needs that you got on the whole. Sufficient Exercise Most people think that a diet only consists of eating right, but quite contrary, a diet consis...

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5 Facts You Might Not Know About Cosmetic Surgery

5 Facts You Might Not Know About Cosmetic Surgery

Cosmetic surgery is always a searing subject. People may joke about those who have upgraded their pair of eyes or breasts, but who wouldn’t want to be beautiful? Everybody wants to be confident and comfortable with their looks. Imagine meeting a genie or fairy who could grant wishes, wouldn’t you ask for Zac Efron’s nose, Angelina Jolie’s pout, or Thalia’s waist? Maybe you would not. But you would probably use the wish to make you look prettier or more handsome. People who earn more than they can spend can now opt to go under the knife to fight aging. By selecting a qualified and well-experienced plastic surgeon and employi...

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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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