My Finance Blog
Reading Time: 7 minutesPersonal disposable income encompasses the total amount of income available for an individual or household expenditure after deducting central, state and local taxes couple with other obligatory…
Reading Time: 7 minutesThroughout the speedy world we now live in financial literacy has proven itself to be a fundamental necessary capability. A person with financial literacy possesses the ability…
Reading Time: 8 minutesIntroduction to Financial litercy Life skills comprehension known as financial literacy enables people to make sound financial choices about their money. Adults need to understand several financial…
Reading Time: 8 minutesMoney management is one thing that is of importance nowadays, more so with this fast-moving world. Personal finance refers to an area or field of practices and…
Reading Time: 7 minutesFinancial Planning in 50s Fifty is a significant period when organizing the financial life because retirement is not far away. This stage of life must be thoroughly…
Reading Time: 6 minutesThe 20s are especially the middle 20s which for most is the best or the worst period in their life. It is often associated with such stages…
Reading Time: 8 minutesFinancial Planning in 30s People tend to believe it is possible to achieve much in life during the thirties. It is such a time in one’s life…
Reading Time: 6 minutesFinancial Planning in 40’s This decade is really important when it comes to monetary preparation. Given the higher level of professional activity and demands, one has to…
Reading Time: 8 minutesBudgeting is the holy grail puzzle piece of personal finance; without it, the financial jigsaw does not really have any defined places for pieces. Budgeting helps in…
Reading Time: 5 minutesOverview: an emergency fund is basically a virtual piggy bank that provides liquidity for those extra costs or when one’s income is low. It makes sure that…
Reading Time: 8 minutesIntroduction Investing forms an important constituent of personal financial planning and helps people and companies reach their long-term financial goals. Whether one’s goal is building wealth, establishing…
Reading Time: 4 minutes INTRODUCTION Long-term investing is the process of building wealth through gradual, long-term holdings of investments, held for five years or more. Long-term investing is not focused…
Reading Time: 4 minutesInvestment is the use of money or other resources for generating income or even earning appreciation in value over time. There are various types of investment, among…
Reading Time: 4 minutes What is an Asset? Assets are resources owned by a business that helps in maintaining a stable financial condition or making profits into the future. They…
Reading Time: 3 minutes Introduction Savings and investment are two ways of handling your money , each serving different purposes. Savings typically involve setting aside money for short-term needs or…