Month: June 2021

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What is an Account Balance?

June 14, 2021 admin Comments Off on What is an Account Balance?

When logging into your investment accounts, the first thing you’re likely to check is the account balance. The higher it is, the happier you are! But what is an account balance, really? It’s something we’re all familiar with, it also offers hidden insights worth exploring beyond the current figure displayed as the balance.
On the surface, the account balance is the total amount of money present in that account—the sum of all debit and credit transactions. It’s a changing figure that goes higher and lower depending on transactions. This makes it an indicator of your personal cash flow. And, even …read more […]