The importance of properly managing your personal finances for you to be able to reach your financial goals cannot be stressed enough. If only finance classes were taught alongside history, science, and math classes in school, then people would be ready to make their personal finances one of their top. Financial goals may vary from [...]
Instead of working as an employee, consider becoming a business owner. You do not have to quit your job, you can operate the business on the side. And then when the business grows to sufficient size and scope, then you can dedicate more efforts to building your business. The most important thing to remember about [...]
If you have a large savings account and live off the interest then you could be financially independent. For example, if you have 1 million dollars in the bank, with 6% interest, your yearly income would be $60,000. If you have 10 million dollars in the bank, with 6% interest, your yearly income would be [...]
Do you often find yourself having to go through boxes of papers whenever you have to make a financial statement? Are your tax files, monthly bills, official receipts and other financial records all jumbled up? Do you always have a hard time trying to find a specific financial document because everything is scattered all over [...]
Balancing one’s expenses with your generated income is a tough job. You need to make sure that you are living within your means and not beyond. At the same time, you have to be able to set aside a certain sum each month that you can use in times of emergencies. This task of saving [...]