Reading Time: 3 minutesIf you feel that the prices of goods you are able to buy is increasing; you are not alone. This is the effect of inflation. While most of us don’t really understand how it works; we feel it whenever we notice that our monthly income doesn’t seem to cover all the expenses we had as […]
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Reading Time: 4 minutesAll of us aim to be financially stable. We try to maintain a budget, make it a goal to maximize our savings, minimize our spending, pay off our debts and dream of the day when we can count ourselves among those who are wealthy and financially stable. But what does financial stability look like? Here
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Reading Time: 3 minutesThe only way to grow your money is through investment. Leaving your money in a regular savings account is never enough because of the low interest rate. More often, inflation will take the value of your hard earned savings. But where do you invest your money? There are many types of investments available out there
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Reading Time: 3 minutesDo you know the benefits of the tithe and giving back? The concept of sharing our blessings is a teaching that we often hear as children. Sadly, we do not practice this very much. As we grow older, we don’t often encounter such generosity from other people either. This is mostly due to financial reasons
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Reading Time: 2 minutesThere are 3 types of expenses you need to manage in order to be successful in your financial goals. These can be applied to any items you have on your monthly budget. Identifying these kinds of expenses helps you schedule your expenses. In this way, you don’t fall victim to little money leaks that can
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Reading Time: 3 minutesWhat stage are you in in your financial life? If you are not happy with where you are right now, the good news is that you can actually reboot your finances once and for all. True, your financial woes will not disappear overnight but it will give you a chance to change your financial future.
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Reading Time: 4 minutesDo you want to become wealthy? The key to wealth is to master the wealth mindset. The difference between the rich and poor has nothing to do with the amount of money that they have in the bank; rather, it is all about their mindset. Your mindset is your set of beliefs and attitudes about certain
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Reading Time: 3 minutesWhen I first got into the stock market I was always looking for the blue chip stock or the undervalued stock with the dream of thinking one day it will make me rich. After 2 years of getting 10%-15% returns; I realized it would take me many years to achieve my dreams. When I found
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Reading Time: 2 minutesWhen we talk about health, normally what comes into mind is physical health. Although physical health is very important, it is but only one aspect of your total well-being. There are other dimensions of wellness that are equally important, one of which is your financial wellness. Numerous studies revealed that the main source of stress
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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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