Currency

China International Payment System(CIPS): Ambitious SWIFT alternative

China International Payment System, or CIPS, is a payment system designed by the Chinese government to facilitate cross-border payments. CIPS was developed by China’s central bank, the People’s Bank of China (PBOC), and launched in October 2016. It aims to make cross-border payments faster, cheaper, and more efficient for both businesses and individuals. It is …

China International Payment System(CIPS): Ambitious SWIFT alternative Read More

Newsletter Signup Form

Personal Finance

30% rent budgeting rule

The 30% Rent Budget Rule: How to Stay in a Place You Love For Less

You might have heard about the 30% rent budget rule that guides the maximum amount you should allocate for that purpose. 70% of your income should be kept available for other expenses, including saving for retirement. Whether you are currently living in a rental or are hoping to find an affordable place, one thing is …

The 30% Rent Budget Rule: How to Stay in a Place You Love For Less Read More

Money

High Inflation: 5 Investing Opportunities You Should Not Miss Out

Don’t fall into the temptation of not investing during inflation. Inflation is a term that describes an increase in the general level of prices that occurs over time. The Consumer Price Index (CPI) measures changes in prices and provides indications of how inflation affects consumer spending habits. Inflation has been under 2% for most of …

High Inflation: 5 Investing Opportunities You Should Not Miss Out Read More

Random Posts

Finance

Structured Trade Finance Facts And 12 Basic Risks

Structured trade finance (STF) is an advanced funding mechanism where lenders consider underlying goods and receivables. This trade finance technique applies to commodities that can easily be securitized, stored, and even sold off in case of a forced sale. Balance sheet lending has limitations that are addressed when you use structured trade finance. There are …

Structured Trade Finance Facts And 12 Basic Risks Read More

Trading

Beginner’s Guide to Securities Market:75 Trading Terms You Must Understand

Many people are curious about trading in security assets, and they don’t know where to start. If you are one of these people, worry not! We will go over 75 different terms that you come across in your interactions with the stock market. 1)Regulation The security market requires high public confidence to thrive. Investors need …

Beginner’s Guide to Securities Market:75 Trading Terms You Must Understand Read More