Having a Sober Mentor During Recovery

When you leave treatment, you may have difficulty adjusting between staying sober, managing triggers, coping, and dealy with new struggles such as financial situations, family, and more. With the help of a sober mentor, you can get the help you need to stay on track. Many people stop using or drinking, and the motivations for doing so do not have …

Revenue vs Retained Earnings: What’s the Difference?

In this article, we’ll provide the retained earnings formula and explain how to prepare a statement of retained earnings. Finally, we’ll explain what these statements communicate in the business world. Businesses usually publish a retained earnings statement on a quarterly and yearly basis. How to prepare a statement of retained earnings for your business. But strike the right balance, and …

Year-Over-Year YOY: What It Means, How It’s Used in Finance

Large portions of the northern US are expected to end up wetter than normal this winter, especially the Pacific Northwest and Midwest. Wet weather will be crucial to combat ongoing dryness and drought in the Midwest. No two La Niña winters are the same, but many have temperature and precipitation trends in common. The latest forecast from the Climate Prediction …

What Is Financial Leverage? Types of Leverage and Examples

So in order for a trader to earn a profit, the security has to increase in value enough to cover the interest. Using the above example, suppose the stock appreciates by 10%, and the trader closes out the position. They return the $50 they borrowed, and keep the remaining $60. That equates to a $10 gain on their $50 of …