Reading Time: 5 minutesTo live beyond your means simply means that you are spending more than what you can afford. Statistics show that most people are living from paycheck to paycheck without any kind of financial cushion. This was quite evident on the effect of the recent lockdowns on people’s financial lives. While we all deserve to spend […]
Warning Signs That You are Living Beyond your Means Read More »
Reading Time: 3 minutesThere is a price for borrowing money. Aside from the annual membership fee, one of the most important things that you should consider is the interest. This is how the credit card issuer earns money. Understanding the different credits and debits that go in and out of your credit card statement is one of the skills
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Reading Time: 2 minutesCredit cards are a good way to build your credit score standing. Banks and other lending institutions use credit scores to assess and evaluate the potential risk of lending you some money. That’s why it is important that you use your credit card wisely. The only way to achieve this is by understanding your credit
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Reading Time: 3 minutesMany people have the bad habit of not reading their credit card statements. For those who do read, how many really understand what it all means? It is because of this that many people found themselves in credit card debts that have already escalated beyond their control. Don’t be one of these people. Understanding your credit card
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Reading Time: 3 minutesHave you ever been to any of the seven wonders of the world? They are so-called the wonders of the world because of their beauty and perfection. They were created by mankind in the past that are now revered in the modern world. In the world of investing, there is a principle that is dubbed
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Reading Time: 3 minutesMoney has always been a top source of stress for most people. If not addressed, too much worrying about money can lead to serious physical and emotional problems. It can even result in a breakdown in relationships. How to solve money problems then? There are tons of financial advice that people probably already heard or
Common Sense Money Advice That People Don’t Follow Read More »
Reading Time: 4 minutesHow are you doing with your finances? Do you consider yourself financially stable? If you do, then good for you. If not, you are not alone. Most people are having problems with money because only a few are financially literate. Most of us have to learn financial lessons the hard way. Just imagine all the things
Money Lessons You Wish You Learned in School Part 2 Read More »
Reading Time: 4 minutesCredit cards can be a blessing and a curse. They allow you to spend for something even without cash on hand. However, if you don’t monitor your expenses well, you end up paying more than what you originally spent. If you don’t monitor your swiping sprees wisely, you could end up in credit card debt.
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Reading Time: 2 minutesDo you know what an asset is? How about a liability? Many probably have an idea on what they are but how many actually understand these terms? True, it might sound boring for many. Unfortunately, these terms are part of the basic terms that everyone should know about personal finance. A deeper understanding of these
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Reading Time: 3 minutesIt is nearly impossible to build your wealth by just relying on earned income. Warren Buffet advices that you need to create a second source of income. Savings alone is never enough for the value of your savings depreciates over time because of inflation. You need to learn to invest your money. Through investing, you
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