A debt-to-assets ratio is a formula that takes all your debt (house, car, etc..) and divides it by all the assets you have (savings, investments, etc..) to give you a number. Ideally the lower the number the better. At the beginning of my personal finance journey, my goal was to find a way to save …
Im in my 30s now, and even though I started investing in my early 20s, I made my fair share of mistakes and wish I had someone or some resource to properly guide me. Yes there’s the internet, but I guess at the time I just wasn’t “ready” to take in the personal finance wisdom. …
I’ve been managing my personal finances on Google Sheets since October 2015. I know that because I can see the first entry mark on my table. 😀 I have a habit of checking my personal finances on the 15th of every month. I have no idea why it’s the 15th, but over time it became …
Wasn’t it Warren Buffet who once said, “Someone’s sitting in the shade today because someone planted a tree a long time ago.”? This is a mantra I like to live by when it comes to financial planning – you can never start too early if you aspire to live a comfortable life. Like all things …
With over 30 million people unemployed in America right now, it’s tough to face the bills that come on a regular basis. If you’re currently unemployed, please visit the national unemployment website to get resources from the Government. Saving money is the absolutely most important thing you can do to set yourself up with a …
Reaching your personal finance goals is easy if you have clarity on what you want, and where you currently stand. We want that money freedom, so that we stress less about having and keeping money, and enjoy life a bit easier. There’s still gonna be problems, but you’ll have money to solve some of those …
A fundamental question to ask when you’re starting off your personal finance journey and/or reviewing your goals. The rule of thumb is to save 10% of your monthly income, the more you save the faster you can stockpile retirement or savings goals money. I remember my start in really looking at my finances. After graduating …
