Muskan Verma, Author At PW Skills Blog

Pro Rata: What It Means and Formula to Calculate It

In the world of finance, business, and everyday contracts, you may frequently come across the term “Pro Rata.” Whether it’s used in dividend distribution, interest calculation, insurance premiums, or employee benefits, understanding it can help you interpret and manage proportionate distributions more effectively. This article will provide a comprehensive look at what it means, why …

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Finance Charge, Overview, How It Works, and How To Avoid It

Finance / By Muskan Verma

Finance Charge is a crucial concept in the world of personal finance and credit management. Understanding it can help individuals make more informed decisions when borrowing money or using credit facilities. In this article, we’ll explore what a finance charge is, how it works, its types, and strategies to avoid or reduce it effectively. This …

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Stock vs Share: What’s the Difference?

Stock Market / By Muskan Verma

In the world of investments, especially for beginners, the terms “shares” and “stocks” are often used interchangeably. While both signify ownership in a company, they have nuanced differences depending on context, geography, and technical definition. Understanding the contrast in the stock vs share discussion is vital for grasping how the equity market functions and how …

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Long Term Investments: Definition, Strategy Guide

Stock Market / By Muskan Verma

Long Term Investments play a vital role in wealth generation, offering individuals and businesses the opportunity to secure financial stability and future growth. Unlike short-term holdings, these investments are typically held for more than three years, enabling investors to ride out short-term market fluctuations and benefit from compounding returns over time. Whether you are planning …

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Perpetual Inventory System: Definition, Pros & Cons, and Examples

Tally / By Muskan Verma

Perpetual Inventory System is a modern inventory tracking technique that offers businesses real-time insights into their inventory levels. Unlike traditional methods that rely on periodic checks, this system leverages technology to record inventory movement as it happens. As companies seek more efficient ways to manage stock and minimize errors, many are increasingly adopting this method …

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What Is Adjusted Gross Income (AGI)?

Tally / By Muskan Verma

Adjusted Gross Income (AGI) plays a crucial role in the income tax filing process. Whether you’re a salaried employee, a freelancer, or a business owner, understanding AGI can help you better manage your taxes. It is a foundational number in calculating your total tax liability and is often used to determine eligibility for deductions, credits, …

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Stock Option: What is a Stock Option and How Does it Work?

Stock Market / By Muskan Verma

Stock options have become an integral part of the investment world, offering traders, investors, and even employees a valuable financial tool to manage risk, speculate on stock movements, or gain incentives. A stock option is a financial contract that provides the buyer the right, but not the obligation, to buy or sell an underlying stock …

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Pareto Analysis: Definition, How to Create a Pareto Chart, and Example

Tally / By Muskan Verma

In today’s data-driven world, decision-making can become complex without the right tools. One of the most effective tools for prioritising issues and solutions is Pareto Analysis. Grounded in the 80/20 principle, Pareto Analysis helps businesses and individuals identify the vital factors that cause most problems. This strategic technique allows organisations to focus their efforts on …

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