Personal Finance Books & Learning

How does Tobacco use Negatively impact Personal Finances?

How does Tobacco use Negatively impact Personal Finances?

Using tobacco is a personal choice. Isn’t it? The most known way of using tobacco is smoking. Do you know about Cigarettes and cigars and the economic and financial cost of smoking them? Did you know that Cigarettes and cigars don’t come cheap? Even the government charges extreme taxes on them to discourage their use. …

What is Asset Liability and Owner Equity?

What is Asset Liability and Owner Equity

Asset vs Liability vs Owner Equity. Do you know what each of these stand for? In our goal of financial freedom, the earlier we come to understand this, the faster we will start the journey to reach our goal of financial independence retire early (fire). We at Your Rich Freedom, keep stressing on the importance of the investing in assets to generate passive income. I am sure you must have come across this many times. In today’s article, we aim to help you understand What is Asset Liability and Owner Equity in personal finance. Let us begin.