Many people desire to buy a house because they think of it as a good investment. A house can be a useful tool as you seek to build wealth. However, there is some discussion around whether a house is an asset or not. Of course, there is nothing wrong with buying a house. But is […]
Is a House an Asset or a Liability? Read More »
Rich vs. Wealthy – is it the same thing? Well, according to Robert Kiyosaki, “there is a difference between the two: The rich have lots of money but the wealthy don’t worry about money.” The two words might sound like synonyms, however, they are completely different. It’s difficult to spot the difference, however, being rich and being wealthy is not
Rich vs Wealthy: Why It’s Better To Be Wealthy Read More »
What is the 50/30/20 rule? The 50/30/20 rule is an easy budgeting method that can help you to manage your money effectively, in a simple and sustainable way. The basic rule of thumb is to divide your monthly after-tax income into three spending categories: 50 percent of the earnings after-tax should be used towards necessities.
The 50/30/20 Rule: How to Save More, and Spend Less Read More »
IMPORTANCE OF FINANCIAL PLANNING Financial Planning Provides Direction To Your Goals & Dreams It helps you understand your goals better in terms of why you need to achieve these goals and how they impact other aspects of your life and finances. Financial Planning Make You Disciplined Towards Money You do not spend unnecessarily; you start
Financial Planning – What, Why & How? Read More »
