What is the 50 30 20 rule of money? The 50 20 30 rule of money is a budgeting rule which simplified the budgeting process of personal finance. It is a money management formula which focuses on allocating your monthly after tax income a.k.a paycheck, to 3 important buckets. They are 50% for Essentials (Fixed …
You may wonder, why personal finance is important?. I did wonder this myself when I started out and it is pretty normal to do so. Just imagine, you are enjoying your retired days by the beach sipping a pina colada. Does this sound like an ideal scenario you want to be living in? Maybe for …
Supermarkets are always fascinating to me. Ask me why? Because I always wonder how a small place can have all the groceries and goods from all across the world. The choices we have, the variety of articles displayed, there are all so amazing to see and buy too. And sometimes, even overbuy. Have you experienced …
Do you know what is common between successful and wealthy people around the world? It is that they have few common habits by which you can identify whether they will make it or break it. Especially now, during the covid crisis, knowing how many people turned millionaires, have you ever wondered, “What are the financial …
Why should you budget on groceries? Grocery shopping is a major expense for many but there are ways you can reduce the cost. Have you seen how much does your groceries cost amount to when compared to your total costs? I have always seen my grandma saving money. One day I approached her and asked …
Do you play by the rules of money? Do you know what the 3 rules of money are? Here is another article on the 3 very important rules of money.