Accounting

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The Woes of an Entrepreneur

The global economy has taken a hit during the pandemic. Although we see a slow recovery, individual businesses are finding it harder to recoup their losses. It is not surprising that entrepreneurs are trying to cut back on costs. Cost-cutting is easy. You just cut back on the nonessentials. The bigger question here is, what …

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Blockchain and Beyond: Everything You Need to Know About Smart Contracts

Scholars and researchers continue to explore and exploit the capabilities of the internet, giving rise to some of the popular buzzwords today, like cryptocurrency, cryptography, and blockchain. These technologies gave birth to a number of smarter, automated processes, which can be extremely beneficial for e-commerce and other industries. One of the products of these innovations …

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Negative Equity: 4 Ways to Prevent Sending Your Mortgage Underwater

Negative equity is when the value of a property is lower than the outstanding balance on the home loan used to purchase it. This term was a buzzword after the last housing crisis where many homeowners lost their houses to foreclosure because their mortgages went underwater, which is a somewhat metaphor for drowning in debt. …

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