Imagine having enough money in your account to support any unexpected needs, to cover-up any major purchase etc. The feeling you get when you’ve money when you need it is unmeasurable. Who doesn’t love having a plentiful amount of dollars in your savings account! But when it comes to...
Most of us would be interested to know if there are any personal finance rules to follow to attain financial freedom. And the good news is, yes there few rules that can help you manage your finances in a better and organized way. Managing your finance efficiently is a...
If you are a college student then you are no stranger to frequent or occasional cash problems. With the student loan, lifestyle, habits, and craving for all the luxuries, it is no surprise that many students fall into debt traps.
Students can face financial problems even before they graduate from...
2020 - a year that'll find its place right inside the history textbooks in the upcoming decades. Unaccountable dreams, fantasies, goals, seems to be washing down the drain. Yes, this sounds dreadful, but the earlier we accept it, the better we could manage the situation and escape from falling...
Ever heard of the 50/30/20 rule?
It’s actually an idea proposed by Massachusetts senator Elizabeth Warren. In her book “All Your Worth: The Ultimate Lifetime Money Plan,” which she co-authored with her daughter Amelia Warren Tyagi, she put forth an excellent proposal to better organize monthly budget.
What is it?
Here’s a...
When it comes to saving for retirement, women are struggling compared to men and they are less confident that they’ll live a comfortable lifestyle.
According to a study by the Transamerica Center for Retirement Studies, only 10% of women are very confident about retirement and around 64% of women don’t have...
Have you seen your parents planning family finances? What are your investment plans? When do you plan to start your retirement savings? What is your average family savings? How do you plan your family finance? Insurance agents and financial consultants always start the discussion with these questions. I used...
Saving money is a huge and painful task for many. No matter what they do, they simply cannot get around do saving more money. They desperately ask “how can I save money?” Depositing money into your saving account each month isn’t enough. For some people, they do not have...
Money management becomes easier when you let technology accompany you. Managing money is an art and it requires certain skills, but relying on skills alone means wasting time. You can save time and resources by using custom tools.
In this article, I am going...
Having an emergency fund has many benefits. It is not the same as having a saving account. As the name suggests, the fund is for various emergency situations that life may throw at you. The fund will keep you covered financially and help you get through the tough time.
Even...
