In the intricate world of economics, where indicators and theories often shape the narratives of financial well-being, one theory stands out with a touch of glamour – the Lipstick Effect. Originating from the creative mind of Boston College Sociology Professor Juliet Shore in 1998, this theory gained prominence during the American economic recession in 2000,… Continue reading The Lipstick Effect Theory: Bangladesh in Spotlight
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The Invisible Debt That Turns Businesses Bankrupt
In the dynamic world of business, expenses are not always visible on balance sheets. While many entrepreneurs focus on traditional costs like marketing, production, and employee salaries, there is a silent and often underestimated expense wreaking havoc on businesses: the invisible cost of ignorance. This hidden cost, often overlooked, plays a significant role in hindering… Continue reading The Invisible Debt That Turns Businesses Bankrupt
International Accounting Day: How To Celebrate?
International Accounting Day, observed on November 10th each year, stands as a testament to the indispensable role accountants play in shaping the global economic landscape. This day serves as a celebration of the meticulous professionals who delve into the intricacies of financial records, and provide astute financial advice and audit statements with a commitment to… Continue reading International Accounting Day: How To Celebrate?
Renting Out Your Time Can Not Make You Rich
In the world of personal finance and wealth-building, there are few voices as influential as Naval Ravikant’s. His book, “The Almanack of Naval Ravikant: A Guide to Wealth and Happiness,” is a treasure trove of wisdom on various aspects of life, including wealth accumulation. One key concept that resonates deeply with readers is the idea… Continue reading Renting Out Your Time Can Not Make You Rich
10 Personal Finance Podcasts to Supercharge You
The world of podcasts has witnessed explosive growth, and this surge extends to the realm of personal finance and investing. With the podcast landscape now offering a wealth of knowledge, it’s easier than ever to bolster your financial literacy. Whether you’re looking to create your first budget, manage debt effectively, plan for retirement, or navigate… Continue reading 10 Personal Finance Podcasts to Supercharge You
Best Way to Learn About Real Estate
The best way to learn about real estate is to study and gain practical experience. By studying real estate principles and investing in properties, you can develop a comprehensive understanding of the industry. Additionally, joining real estate networking groups and seeking mentorship from experienced professionals can provide valuable insights and guidance for your real estate… Continue reading Best Way to Learn About Real Estate