Every year we take new resolutions. How many of you have taken money resolutions? Here are the biggest money tips for 2022 that will help you become financial independent and free. “Manage Risk better, return will follow” 1. Income – Savings = Expenses As Warren Buffet said, ‘Do not save what is left after spending, …
We all want to grow our wealth and this brings in the importance of being Financially literated. Today, I bring to you some important concepts which if you understand well, can turn your financial life around. Today, we will go into the Power of the miracle called Compounding. 1. Multiplying your money 1% return per …
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 …
Are you trying to be rich? Do you want to build generational wealth? Do you want to be financially independent? Are you trying to retire early? If the answer is yes to any of these questions, then, you have landed on the right website! Today, we will be covering the Best Personal Finance Books for …
What are the 5 biggest financial mistakes to avoid in 2021? Are you making any money mistakes? How are these mistakes costing you? Do you know what you are losing? Every mistake costs you time. Time to reach your financial independence goal. Often, we do not even realize that the following below are mistakes. I …
You may be wondering What is FIRE – Financial Independence Retire Early?. What does being financially independent mean or what is financial freedom altogether?. If these are the questions that haunt your minds, then, let me tell you, you are heading in the right direction of being financially literate. I still remember when I first …