When it comes to relationships, money issues can be a major source of stress and conflict. Whether it’s disagreements about spending habits, debt, or income disparities, financial problems can put a strain on even the strongest of partnerships. But the good news is that there are ways to deal with these issues and come out …
How many fortnights are in a calendar year? There are 26 whole fortnights in a year, with either 1 day remainder for non-leap years or 2 days remainder for leap years where there is that additional day in February. To find the number of fortnights in a year, simply divide the total number of days …
The term arrears is used in accounting and finance to mean late or behind. The term balance in the same field means that when you add up everything that is the final result. Therefore, combining both terms with arrears balance means what is still outstanding on your account and needs to be paid. You will …
Why is having an emergency fund a top priority even if your paying off your debts? If you’ve been following Dave Ramsey and his baby steps method you would have come across the emergency fund throughout the process. But why is it so important? Reduce Reliance On Debt The main reason why an emergency fund …
Being offered a salary paying job can be an exciting time, but what is that amount to be per hour? To convert a salary wage to an hourly rate, apply the following calculation: divide the annual salary amount by 52.18 and then further divide that number by 38 hours per week. The final number is …
I received a statement in the mail recently, which showed I had an unpaid invoice that was now “in arrears“. What on earth did that mean? The term arrears is a popular accounting term which simply means that payment is overdue. Typically, an invoice is issued with a due date on it, and once that …