I remember the day I moved out of home as the most exciting day of my adolescence. I was finally out of my mom’s house and on my own, where I would make the rules, and everything will be so much more relaxed. It wasn’t long until reality hit me. Living on my own was …
If you manage your personal finance the way a business operates its affairs, what would your finance look like? What if you manage your business the way you currently manage your personal finance? What would your business look like? A few years back, my friends and I traveled to Dubai. It was my first time, …
Financial literacy is not the same as mathematical literacy. You don’t even need to know maths to be financially literate. It has become necessary for me to put that out there because of the scary staggering lack of financial literacy in our society. Disturbing Financial Literacy Statistics Let me show you the disturbing numbers before …
I’m so convinced that millionaires come from money that I take any young millionaire success story with a grain of salt. A decade ago, I thought that having a million in the bank is unattainable for regular people, even with a second or third job! And then I entered the world of personal finance. After …
Millennial households are earning now more than ever with a $69,000 median income. But most of them are still buried in debt and living with their parents. The lack of personal finance knowledge is to blame. Anyone can be quick to judge you on your financial decisions and management, but few will take the time …
When asked, most of us have two big goals: buying a house and buying a car. We find these big purchases necessary (most of the time) and consider a house as an investment. Undeniably, not all of us can afford to purchase both simultaneously or even afford to have one on a short-term basis. We …
Being indebted is not a position anyone wants to find themselves in because it’s always a huge financial burden. It’s even more challenging when you owe multiple creditors. I understand that being indebted is sometimes unavoidable. If you are tired of sending multiple monthly payments, then debt consolidation via a personal loan may be the …
