What is Cash Flow? Cash flow refers to the movement of money in and out of a business or personal finances. It shows how much cash is avilable at any givn time to cover expences, invest, or save. Positive cash flow means you have more money coming in than going out, while negative cash flow…
What is Financial Literacy? Financial litercy is the abilty to undrstand and aply difernt finacial skils, includng personal budgting, invesment, and money managment. It is essntal for making informd decsions about erning, saving, and spendng. Importance of Financial Literacy Being financly literate helps indivduals acheve stabilty and securty in their life. It enbles peple to:…
What is a Financial Crisis? A financial crisis happnes when the value of financial instititions or assests drop significantly. It is often accompnied by panic, bank faillures, and economic downturn. Financial crisis can effect individuals, buisnesses, and even entire countres, leading to job loses and reduced economic growth. Causes of a Financial Crisis Several factors…
