Andrew Lokenauth
Finance Executive
wikiHow's Editorial Process wikiHow partners with over 1000+ experts from a wide range of fields to ensure our content is accurate and based on well-established research and testimony. Content Managers conduct interviews and work closely with each expert to review information, answer reader questions, and add credible advice. Learn more about our editorial process and why millions of readers trust wikiHow.
Co-authored Articles (47)
How to
Create a Budget
Creating a budget can help you organize expenses, manage your income, and keep your finances in check. Start by writing down your monthly income and expenses so you can see where your money goes. Once you know where you�...
How to
Calculate Interest
Interest is the value that we add to a loan or a deposit to pay for the benefit of using someone else’s money over time. Interest can be calculated in three basic ways. Simple interest is the easiest calculation, gener...
How to
Read a Candlestick Chart
A candlestick chart is a type of financial chart that shows the price action for an investment market like a currency or a security. The chart consists of individual “candlesticks” that show the opening, closing, hig...
How to
Decide Whether to Go Out or Stay In
Deciding if you want to go out can be stressful. It can sometimes be hard to tell if you could use alone time or if socializing will help you get out of your shell. To decide, you can use practical considerations. Think ...
How to Find Equilibrium Quantity
In economics, supply and demand tells us how much people will buy and at what price. But what about when you want to find the exact point when supply equals demand? The equilibrium quantity tells us where that exact poin...
How to
Make Money in School
Being in school, whether high school or college, doesn’t mean you don’t need money. If you are looking for ways to make money while attending school full time, you may not be able to commit to a job with regular hour...
How to Dispose of a Credit Card
Never worry about someone stealing sensitive information from your old credit cards againIf your bank or credit card account expires, you’ll be asked to dispose of your old card safely and securely. But how do you do t...
4 Reasons Why Venmo Declines Your Prepaid Card + Workarounds
Learn why your prepaid card isn't working with Venmo If you've tried to use a prepaid card on Venmo, you may have run into an error that says your card is declined. This is certainly a frustrating error to encounter, es...
How to Find the Maturity Value for an Investment
Find out how much you'll pay in interest Maturity value is the amount payable to an investor at the end of a debt instrument’s holding period (maturity date). For most bonds, the maturity value is the face amount of th...
How to
Calculate Beta
Beta is the volatility or risk of a particular stock relative to the volatility of the entire stock market.. 28 October 2022. Beta is an indicator of how risky a particular stock is, and it is used to evaluate its expect...
How to
Spend Money Wisely
Do you hate it when you really need money, but your wallet is empty? No matter how little or how much money you have, spending it wisely is a good idea; it enables you to get the most bang for your buck. Follow these tip...
How to
Save Money Fast
Everybody wants to save money, but if you need to do it fast, there are a few quick tricks that will help you manage your budget. To save money fast, you have to pay attention to how much you spend on transportation, gro...
How to
Make Money (for Kids)
You don’t have to be an adult to start making money. In fact, you don’t even have to be a teenager! No matter how old you are, even if you’re a kid, there are ways to bank a few extra bucks. There are the tradition...
How to
Reduce Expenses
Whether you’re saving up for something special or just trying to get your finances in better shape, reducing unnecessary expenses is always worthwhile. This article lists a range of helpful ways to cut costs in areas l...
How to
Track your Bills in Microsoft Excel
Many companies use Microsoft Excel to track department or overall company expenses. As Excel is now frequently bundled with personal computers that use the Windows operating system, if you have Excel on your home compute...
How to
Make Lots of Money in Online Stock Trading
Investing in the stock market can be a great way to have your money make money, particularly in today’s economic climate where savings accounts and long-term bank notes do not offer significant returns. Stock trading i...
How to
Make Money by Buying and Selling
Whether it’s cutting-edge NFTs or old school products like clothes, there’s always an opportunity somewhere. Buying and selling is an art, and anyone can make money buying and selling depending on how much time and e...
How to
Calculate Safety Stock
Safety stock, or buffer stock, is the amount of extra inventory you need to keep avoid a shortfall of materials. It is important to calculate your safety stock carefully because while too little stock will result in shor...
How to Earn Money Online Fast: 10 Things You Can Do Right Now
Learn how to make money online, offline, and at your homeIf you need some extra cash or you’d like some pocket change, the internet is a great place to turn to. While making money online probably won’t make you rich,...
How To Find Your Hourly Rate (When You’re Paid by Salary)
Determine your hourly wage from your salary, self-employment pay, or cash tips Knowing your hourly rate is incredibly useful, whether you’re planning a personal budget or wondering if you’re being paid fairly for yo...