What is a debit and credit balance
“Debit and credit” is perhaps the most famous accounting phrase that even those who are…

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Women's business: gender role
At the same time, it is foolish to deny that women are more likely than…

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8 reasons why a business is losing money out of the blue
When we start working with financial accounting in companies, the first thing we do is…

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How the banking system works
We all, one way or another, interact with banks. Deposits, loans, bank cards, payment of…

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blaming yourself for

Bets in the red: what can change the situation

With official inflation of 10% and a sharp devaluation of the hryvnia, the standard rates in banks on the most popular deposits today are in the range of 7.5-8.5%. Taking into account the taxation of deposits and the situation with the unstable hryvnia exchange rate, real rates thus went into a deep minus. On deposits in foreign currency (in dollars and euros), banks pay quite ridiculous interest – no more than 1% per annum. Continue reading

How to survive your own financial crisis

A personal financial crisis can be the result of a variety of events: job loss, divorce, bankruptcy, sudden medical expenses, or any other event that results in loss of financial stability. Whatever the cause, the consequences are always the same: stress, confusion, inability to control the situation, loss of self-confidence. While it may not be easy to get through a financial crisis, it is important to remember that it is possible to regain control of the situation. Everything can be improved if you get together and start acting. Continue reading

Choosing a bank for business
The choice of a bank for business in Russia is one of the key problems…

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What is net cash flow
Net cash flow is an economic indicator of the solvency and financial well-being of the…

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Bank selection
Choosing a bank is one of the most responsible decisions. A lot can depend on…

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