Long-term investments, as we understand it, are investments that we hold onto for a long-term. As per Investopedia, long-term is broadly defined by the following :- Commercial banks generally consider assets over 3 years to be long-term and those below 1 year to be short-term. The ones that fall between 1 and 3 years are...
First, what is budgeting? Budgeting is act of creating a budget. And a budget refers to an estimation of income and expenditures, that’s made…...