TessMore Finance Blog

Generally, marketable securities are classified as current assets in the balance sheet of the business. The reason is that these are the financial instruments that can be converted into cash on short notice. These securities are highly liquid and mature in less than a year. Further, there is no massive impact on the selling/buying prices of short notice. Hence, marketable securities are classified as current assets. Companies use these securities to earn additional returns on cash resources. That’s because cash in the bank accounts gets depreciated due to inflation. However, if the business has invested in the bonds with the maturity of more than one year, it will not be classified as a current asset. So, irrespective of the type and nature of the marketable security, the maturity analysis, and business intention are more important in classifying the assets as current or non-current. So, if marketable security is held to maturity (and the maturity date is more than one year), it ca

Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select our advertising partners . When you’re looking to fill a position or hoping to find a new job for yourself, where you look can be almost as important as what you’re looking for. So depending on what the open position is — or what a qualified candidate looks like — the job board itself should be taken into consideration before the job hunt begins. Looking for your company’s next Director of Marketing? ZipRecruiter is likely the best job site to find them. Seeking a position that doesn’t require a degree? Craigslist has thousands of these types of jobs available in your area. We’re breaking down the key differences between these two job boards, so you can make the most of your time when looking for a job or hoping to find top talent. What is ZipRecruiter? ZipRecruiter has only been around for a little over a decade, but it has alrea

Tax Day may seem a long way off, but one of the nation’s largest tax-preparation franchises is already hiring for the 2022 filing season. Jackson Hewitt announced plans to hire up to 25,000 employees at nearly 6,000 locations nationwide in preparation for tax time. That’s 3,000 more seasonal positions than last year. To make headway on its ambitious recruitment goal, the company is holding two different week-long hiring events in November and December. These public job fairs run from Nov. 8-14 and from Dec. 6-12. You can walk into any participating Jackson Hewitt location for more information about seasonal openings, an on-the-spot interview and — if all goes well — a job offer. Pro Tip Use Jackson Hewitt’s office locator tool to find a store near you. “We’re searching for people across the nation in an array of positions who want to help their neighbors in their own communities,” Greg Macfarlane, CEO and president of Jackson Hewitt Tax Services, said in a press release. Seas

Quick Navigation 7 Ways to Outsmart Supply Shortages for Holiday Shopping Check Your Local Thrift Stores Online Secondhand Stores Are Worth a Look Browse Flea Markets, Craft Fairs and Art Shows Explore Independent Online Stores, Too Craigslist and Facebook Marketplace You Can’t Go Wrong With E-Gift Cards Wrap Up an In-Person Experience A third of consumers say they’re worried they won’t get everything on their wish lists on time this season — and expect to pay more when they do — according to a recent survey by Oracle, a cloud-based services company. Like many industries, e-commerce and retailers are facing crippling snafus in the supply chain. From labor shortages to skyrocketing shipping container costs, companies and retail experts are urging consumers to get their holiday shopping done now if they want gifts in time for Christmas. None of this bodes well for procrastinators, who may need to rethink their shopping strategy and get creative this year. 7 Ways to Out

Investing apps have revolutionized the way that investors can buy or sell stocks , bonds, options, and other financial instruments. There are many different types of investing apps that allow you to invest in the stock market. Robinhood and other investing apps have been in the news a lot lately, so this article will give you a brief history of investing apps, what they are, and how to use them as part of a sound financial strategy. History of Investing Apps Historically, access to the stock market was limited to stockbrokers and other investment professionals. In order to buy or sell stocks, you would need to call up your stockbroker and have him or her place the order for you. In the late 1990s, ETrade was one of the first companies to allow individual investors to trade stocks through its website. Other companies followed in the 1990s and into the 2000s.  Robinhood was one of the first investing apps to offer no commission on buying and selling stocks. Instead, they made their m

The Great Resignation stands out to me as a big surprise of the ongoing pandemic. People are leaving their jobs in record numbers. And this isn’t just in the United States — the Great Resignation is international. And it does not appear that it’s going to end anytime soon. Who would have thought that in the face of the largest health calamity the world has faced in around 100 years people would leave their jobs in droves? What’s behind this unexpected phenomenon? Optimize Your Resume and Find a Job That Accommodates Your Lifestyle Sign Up Today and Get Started A Confluence of Factors Though there hasn’t yet been time for extensive academic study of the issue, there has been some study. We do know that it is international, and we know it isn’t just entry-level workers. Indeed, the Harvard Business Review (HBR) recently reported that resignations are being driven by mid-career workers, those ages 30 to 45. The youngest and oldest age brackets actually show a decrease in turnove

Short selling is an advanced trading strategy investors use when they speculate whether the price of a stock is going down. How it works: Investors borrow a share and sell it, with the hopes of buying it back later at a lower price. It’s also a strategy making headlines in recent months. If you’ve been keeping up with the stock market news, you might’ve heard about short sellers losing millions of dollars due to the soaring prices of stocks, such as AMC and GameStop Corp. Whether you’re an investor yourself or interested in learning about investing, you’re in the right place to discover just what is short selling, including how to short sell stocks as well as the risks and benefits of short selling Short Selling Explained What does it mean to short a stock? Short selling stocks is an advanced trading strategy used either to hedge or speculate the anticipated decline in stock price. If the stock price goes down, it will result in a gain. If it goes up, it will result in a loss.

Staying on top of all your monthly bills takes more than just having enough money in your bank account. You also need the organizational skills so everything is paid on time. No one wants to get hit with a late fee — or worse, have their service turned off or cancelled — because they forgot to pay a bill on time. One way to keep up with multiple bill payments is to enlist help from a bill pay service and let it do all the hard work for you. What Are Bill Pay Services? It’s pretty self explanatory: They’re automated online services that facilitate paying your bills via website or app. The money, of course, is still coming from your account. However, you give the service permission to pull funds from your checking account and send it to your landlord, mortgage company, utility company or other service provider on or ahead of the bill’s due date. You provide the bill pay company with your bank account information and all the information for the account you want paid, and it will ens

There are hundreds of cryptocurrencies to invest in, with more are being added all the time. One of the most popular is Stellar Lumens (XLM). It’s an open-source, blockchain-based distribution ledger that stores and transfers money at reduced fees compared to other cryptos. If you’d like to know how to buy Stellar Lumens (XLM) cryptocurrency, this guide will tell you both how and where you can do it. Table of Contents What is Stellar Lumens? How to Buy Stellar Lumens Choose a Crypto Exchange or Investment Broker Select a Digital Wallet  Fund Your Account Executing Trades Where to Buy Stellar Lumens Coinbase Kraken eToro Webull SoFi Invest Bottom Line on Buying Stellar Lumens (XLM) What is Stellar Lumens? Stellar Lumens was developed in 2014 as a fork from the Ripple (XRP) cryptocurrency . But unlike many other cryptos, Stellar Lumens was designed for full integration into the global financial system. It was meant to function as a medium of exchange rather than a