Knowledge

Emergency Funds

What are Emergency Funds?

Table of Contents Definition of Emergency Funds: Emergency funds are a designated pool of savings specifically reserved to address unforeseen expenses or financial crises. These funds serve as a financial safety net, providing individuals and households with a readily accessible source of money to cover unexpected costs such as medical emergencies, car repairs, or job […]

What are Emergency Funds? Read More »

Money

What is Money?

Table of Contents Definition of Money: Money is a universally accepted medium of exchange, typically in the form of currency or other easily liquid assets, that serves as a standard unit of value in economic transactions. It functions as a medium of exchange by facilitating the buying and selling of goods and services, allowing for

What is Money? Read More »

jobs business

Jobs VS Business

Table of Contents Definition and Nature: Job: A job is defined as a particular occupation that involves full-time employment and where a particular individual works for a particular business organisation and is remunerated through wages or pay. In a job, the employer has a list of tasks or roles, which he gives the worker to

Jobs VS Business Read More »

E-Commerce

What is E-Commerce?

Table of Contents Definition of E-Commerce: E-commerce refers to the sale and purchase of products and services on the internet. With this, it allows customers to shop from any part of the earth with an internet connection. It has made the shelves of stores redundant since it can reach out to every client in the

What is E-Commerce? Read More »

atm

What is an ATM ?

Table of Contents Overview: An Automated Teller Machine (ATM) is a electronic banking device that allows customers to perform a variety of financial transactions without the need for human assistance. Typically located in banks, shopping centers, and other public spaces, ATMs provide convenient access to essential banking services 24 hours a day. The primary function

What is an ATM ? Read More »