Financial modeling is a process of forecasting performance of a certain asset, using relationships among operating, investing, and financing variables. The central aim of all financial modeling is valuation under uncertainty: how to estimate the value of a security when its future trajectory, or the trajectory of the other securities or economic variables it depends on, is unknown. Usually, financial modeling requires a great deal of spreadsheet work.
Financial Modeling Application

Business valuation, especially discounted cash flow
Cost of capital or [...]

During the recent credit crisis, refinancing is becoming an increasingly popular word. In simple terms, refinancing means adding more debt to an existing mortgage, only with different terms that allow you to pay less in your monthly mortgage and use the cash to pay off your high-interest credit cards.
The measures of U.S. government to restore the real estate market have led to a significant drop of the mortgage rates that can offer you the opportunity to save money by refinancing. Currently, [...]

Getting a credit card is not so much of a complicated process. Credit card companies usually consider your financial capability and your ability to pay. However, ever since the use of credit cards in doing purchases and cash advances has started, not just a few but a lot of people are getting into trouble by incurring credit card debts. Using it is as simple as swiping the card on the machine but paying the expenses becomes the burden of every [...]