“The best time to plant a tree was twenty years ago. The second best time is now”- Chinese Proverb. You cannot become rich until or unless you are not invested well. Earning a salary and business profit is well and good, but it is also very important to invest or diversify your income in … Read more
What is Retirement Planning? Retirement Planning is simply defined as saving a certain amount of your earned money after retirement. Retirement plans always begin with determining your long term financial goals and reduce future risk and uncertainties. Plans will help you take some prior steps to reach our desired future goals. There are … Read more
What is Personal Finance? In simple terms, Personal finance means managing, saving, budgeting and investing your own money. Or in a broader sense it refers to the management of an individual’s financial resources. It encompasses activities like budgeting, tax, saving, investing, mortgages, retirement plans, and estate planning for the future. Individual personal finance management differs … Read more
High yield savings account is a one type of savings account as the name represents that gives more return to what you deposited or invested in your savings bank account. These accounts substantially offer higher interest than the national average. There are multiple banks offering high yield savings accounts like SoFi checking and savings, American … Read more
“Always be smart about your money” What are Financial Responsibilities? Financial responsibility is a process where a person is aware and is responsible about his financial transactions like budgeting, debt management, insurance and many more. In order to be more financially responsible, you should live within your means. 1. Keeping a good records When we … Read more
Financial freedom is a state of being where an individual or personal financer has complete control over their finances. His main intention is to allow them to live the life they wish without shortening his money sources. Financial freedom also lies in earning enough passive income along with his main and side hustle to cover all expenses … Read more
What is Financial Goals? In simple terms, financial goals are the objectives you set for saving and spending money which can be driven by needs and wants in future. A financial goal can change your perspective of life and money when you will evaluate the everyday decisions in a greater way. It is all about … Read more
As a monthly salaried person or institution, tracking monthly expenses is a crucial aspect of personal finance management. In this article we are going to explain about “How to Track Monthly Expenses,” Here we are going to explain in detail about how to prevent unnecessary expenses and to know expense trackers. Along with that we … Read more
