Financial Plan: Coins heap stair as growing graph symbol on finance working desk. Financial Planning Concept

Financial Planning

Financial planning is a process that defines one’s economic goals and develops strategies to achieve them.  

by Admin

Child Holding an Empty Bowl, Hunger Concept. Need Concept.

Need

A need is a requirement for human life. Food, water, shelter, and clothing are examples of needs.

by Admin

Seesaw Scale with NEED WANT Cubes on Chalkboard Background - 3D Rendering

Want

A want is a desire. Unlike needs, wants are not necessary for survival. Yet, the attempt to satisfy the desire for goods and services forms the basis of all economic activity. 

by Admin

Newspaper clip of Treasury yields. Yield Concept.

Yield

Yield is the income-only return on an investment over a set period of time. Usually stated as a percentage of the original investment, the calculation for yield is as follows:

Yield = Net Realized Return / Principal Amount

This cash flow measure applies to fixed-income securities, common stocks, preferred stocks, and convertible stocks and bonds. It also pertains to annuities and real estate investments. 

by Admin