Personal Finance

What is Personal Finance and what does it include?

What is Personal Finance and what does it include?

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 …

What are the Financial Habits of Wealthy People?

What are the Financial Habits of Wealthy People?

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 …

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. …

How to deal with Financial hardship?

How to deal with financial hardship?

Let us understand what exactly is financial hardship in the first place. When one has undertaken financial obligations and is unable to pay these obligations, due to a cash shortage, we can say that this person is under financial hardship. Financial hardship can happen anytime, maybe due to unemployment, illness, natural calamities, due to divorce, …