Category: The Global Economy

Online Sources to Improve Your Financial Literacy

Expensive college classes and spending hours studying is no longer required if you want to improve your financial literacy. Thanks to the information era, people today are taking control of their financial lives by using online sources that provide free education and training. If you want to improve your financial literacy, here are some reputable sites you can visit. MyMoney.Gov… Read more →

The Importance of Financial Literacy

Financial literacy may be defined as having the knowledge and skills to handle financial matters. Financially literate persons handle cash, credit, and other financial resources responsibly. However, many people have never developed the skills necessary to manage their financial resources.   The need for financial literacy Many young people find themselves in mountains of debt before they graduate from college… Read more →

How Will Automation Impact the Finance Industry?

Technology makes life more efficient and enjoyable, but it doesn’t come without downfalls. Many financial workers are concerned about being replaced by robots, which raises the question: how will automation impact the finance industry?   Self-Checkout Banks Financial industry automation has already started. It began when individuals were directed to different telephone options, instead of being able to talk to… Read more →

How New Technology is Transforming the Finance Industry

When it comes to professional financial services, technology is completely changing how the service is provided. Assignments that professionals once completed using paper currency, outdated computers, and face-to-face meetings are now being completed by using digital solutions. This has led to an eruption of startups that provide financial technology worldwide. The change has allowed new companies to emerge, and old… Read more →

Best Apps for Personal Finance

  Financial burdens are something everyone carries with them. Our personal financial standings are at the core of our lives. Maintaining a healthy portfolio and bank account deems challenging for many. Fortunately, technology has made its way into our lives and has helped improve many aspects of it. There are countless online tools and apps that support our everyday needs,… Read more →