It’s that time of year again when we look back at the things we’ve done in the past year and, at the same time, make plans for the current year. What we’ve learned and what we want to accomplish financially this year. Let’s face it. The future is unpredictable, and we really do not know […]
Of all the reasons why we all end up in debt, our behavior is probably the only thing we can easily control. Understanding behavior that drives you into debts is the first step towards avoiding the burdensome trap of debts. For most people, nurturing a healthy relationship with their credit cards is the first step […]
You have plans to increase your monthly retirement contributions, but as you receive your paycheck, you never quite got around to it. However, you promise yourself to add something extra the next month unfailingly. And when the next paycheck comes around….
There are basic principles that will determine your success in personal finance. These principles are the building blocks of life habits that will go a long way in ensuring your financial success. However, it may require some bit of discipline on your part.
Budgeting is a process of creating a plan to spend your money. For instance, a young couple might create a budget to ensure they rightly ‘ocate their paycheck among rent, groceries, utilities, student loan repayment, retirement saving, planning for a new baby and some self-indulgence.
To say that parenting is the most tedious social demand would be to affirm the truth. Indeed, parents go through a lot of stress and rigors to see to it that their kids become socially responsible, sound and relevant individuals. Being a parent in the 21st century is particularly demanding in ways the world never […]