Cost Of Goods Sold Definition Cost of goods sold (COGS) is the cost of producing the goods sold by a company. It accounts for the cost of materials and labor directly related to that good and for a designated accounting...
Being your own boss, bringing ideas to life, and hustling to hit goals are just some of the thrills of entrepreneurial pursuit. And while it might be easy to picture yourself having your own business, getting it to prosper takes...
The term “cost of living” refers to the amount of money that’s necessary to cover essential living costs in a given time and location. Living expenses such as housing, food, utilities, transportation, and health care all vary based on time...
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...
Minimalism has become a popular practice in recent years. When you live as a minimalist, you strive to only use things that serve a purpose. It’s about living simply and having only what you need to go about your daily...
As if adulting wasn’t enough, juggling final exams, project deadlines, and a social life, along with worrying about getting a job out of college, can make the last few months of your senior year feel overwhelming. The good news is...
Over time, the average cost of goods and services tends to increase. As a result, you’ll need more money in order to purchase the same thing—that’s called inflation. The opposite of inflation is deflation, where the price of goods and...
At one time the concept of owning digital money probably sounded strange and unattainable, but after the rise of popularity in cryptocurrency in recent years, many have chosen to own and invest in this type of currency. If you’re curious...
You might’ve heard your grandparents talk about how the prices of goods and services used to be way cheaper, and you might have imagined how great it would’ve been to pay 5 cents for a cup of coffee or even...
No matter where you land on the financial spectrum — a traditionalist who favors hard cash or an investment aficionado — in this day and age, you’ve most certainly heard of cryptocurrency and maybe even some pros and cons of...
Cost Of Goods Sold Definition Cost of goods sold (COGS) is the cost of producing the goods sold by a company. It accounts for the cost of materials and labor directly related to that good and for a designated accounting... 
