Best websites for reading finance related articles are mentioned here. The term ‘Finance’ is a daunting term for many. Most of the people are clueless regarding how to manage their finances properly and may even feel like hiring a financial advisor. However, you can save these costs by taking some steps in the right direction. These days, nothing is untouched by technology and this is the right time to make fruitful use of it. Before discussing how you can do this, I would first like to discuss the importance of finance and finance related activities not just for the economy, but also the vital role played by proper financial management in our daily lives.
In a business economy, availability of necessary funds does not hinder the smooth operation of an entity. Companies need to take various important decisions concerning capital requirement- how much needs to be financed by equity and how much via debt. As a rule of thumb, generally, 2:1 is considered to be the ideal debt-equity ratio. Moreover, companies also need to finance their working capital/operational costs like payment of wages and salaries, purchasing stock of inventory, interest payments etc. This goal can be fulfilled if the company ensures an optimum inflow and outflow of cash and other liquid funds.
Having a correct financial plan in hand will enable companies as well as the economy as a whole to recover from phases of economic slowdown. All the critical financial decisions helps a business organization in dealing with the dynamic and rapidly changing business environment (which consists of various economic, political, social and technological factors). Nobody can ignore the crucial role played by intelligent financial decisions during the different phases of business cycles (namely growth, boom, recession and depression). Not to forget how wise investment decisions backed by prudent finance management can be crucial for a growing economy.
Just like companies, common individuals are also faced with investing and financial decisions in their day-to-day lives. According to Dave Ramsey, an American radio show host and an accomplished businessman,
“A budget is telling your money where to go instead of wondering where it went.”
Every household makes their monthly budget to track their expenses and revenues and then make informed decisions. Therefore, it is very important to take the right decision when it comes to finance management as it assures you of financial security in future. Make sure you divert your hard earned funds in investment options that are in accordance with your plans for tomorrow.
“Rule No.1: Never lose money. Rule No.2: Never forget Rule No.1.” – Warren Buffett
So now on a positive note, I would like to begin and discuss about 10 best websites for reading finance related articles. Brace yourselves for a financial trip ahead!
10 Best Websites for reading finance related articles
Here are the best websites for reading finance related articles mentioned below:
If you get curious while reading about stock market crashes or exchange rates in newspapers, then Investopedia will enlighten you about the world of investing, financial markets, money and banking. Moreover,Investopedia also offers an online course “Become A Day Trader” that is taught by an actual Wall Street trader.
This will polish your skills and provides you with an opportunity to put your theoretical knowledge to some practical use.It trains you in managing your own personal finance. In short it is a step in the direction of financial independence. Robert Kiyosaki, an American businessman and author has rightly said,
“Financial freedom is a mental, emotional and educational process.”
If you have an inclination towards business or business related happenings around the world, this site will definitely help you. Bloomberg is a world famous news agency based in New York.
Moreover, it was founded by Michael Bloomberg and Matthew Winkler. The sole purpose of this website is to deliver business related news on just one click.
3. Khan Academy
Founded in September 2008 by Salman Khan (who has been awarded with 3 degrees from MIT and one from Harvard Business School), Khan Academy is a resourceful online learning platform for students as well as educationists. They offer online video tutorials covering diverse fields (varying from Maths, Science, History, Economic mics, Computer Programming and a lot more) in a very straightforward and lucid manner.
In order to offer quality content to its users, Khan Academy has also partnered with Institutions like NASA, The Museum of Modern Art, The California Academy of Sciences and MIT. Moreover, you can gain access to their resources in more than 36 languages. Khan Academy is a not-for-profit organization relying on its benevolent volunteers and donors. Even you can be one of them and share their aim of providing free, world class education to as many people as possible.
Click Here: Top 10 Sites
Founded by Stanford professors,Coursera is an American online learning platform that recommends more than 800 free courses on topics that span almost every field and suits your interests as well. If your field of interest is Finance, all you need to do is sign-in by providing your e-mail Id and then it will ask you to choose your top 3 interests.
Coursera will then recommend you innumerable courses offered by top universities globally.
It provides you with up-to-date information regarding stock market quotes, latest company news and personal financial advice as well.
You can even customize your feed by adding stocks to your watch-list. In a nutshell, this website is what you need for a closer watch on the market and staying on the top.
6. Forbes Money
Forbes is a globally acclaimed American business magazine that features articles not only on topics like finance, industry, marketing and investing, but also spans various fields like law, science and technology, politics etc.
Overall, this website will be an excellent learning experience for you.
Click Here: How to invest money in Share Market?
7. This is Money
This is Money.co.uk is like your personal financial advisor just a click away. It offers expert advices as well as other vital information with regard to markets, savings and banking, Investing, Bills, Cars, Holidays, Cards and loans, Pensions, Mortgages and Home etc.
8. CNN Markets
Visit its homepage and you will find plenty of useful information regarding most popular stocks, top performing stocks, gainers and losers, world markets, performance of sectors like Health services, Commercial services, Finance, Retail trade, Technology services, Utilities, Transportation etc. It also provides information related to changes in prices of essential commodities like Oil, Gas, Gold and Silver.
By clicking on the tab ‘Openfolio’, you can compare your portfolio with others and also share investment ideas. Interestingly, you will also find a ‘Fear & Greed Index’ which informs you about the emotion driving the market currently. So, it’s time to watch out if it’s fear or greed driving the world market!
Click Here: How to start a business?
9. The Economist
It provides a powerful insight into happenings related to politics, business, finance, science and technology worldwide.
10. Financial Times
This website keeps business and economics related news into limelight.
I would like to end by quoting Benjamin Franklin,
“An investment in knowledge pays the best interest.”
Not everyone of you may be from a finance background. Also not everyone can afford their own personal financial advisors. Thanks to Internet, everything is easily accessible today. There is no dearth of knowledge here on the online platform. It can train you to be on the top of the market in no time. You just need to steer your strengths in the right direction. Take help of any of the above mentioned best financial websites and master your financial skills.
I hope you find this article useful. Thank you.
Author: Manasvi Nagpal