One thing you should do to improve your personal finance is saving money. By saving money, you can build an emergency fund so that you will have something to rely on when unexpected things happen. By saving money, you can also start to invest and thereby build your wealth in the long term.
But how can [...]
In my previous post I wrote about how credit cards make it much easier for people to spend more than what they earn. Does that mean that credit card is evil?
Well, I’d say that the answer is no. After all, there are many good things you can good out of your credit cards. First, you [...]
In this post, I’d like to talk about a basic rule in finance in general and, more specifically, personal finance. The rule is that you should spend less than what you earn.
This rule might sound simple, but it isn’t easy to do. In fact, so many people fail to do this simple rule and [...]
It’s interesting to read about recent developments in the world of economy. Greece is in deep financial trouble now and, even worse, it could mark the beginning of another financial crisis that rivals the scale of the 2008 financial crisis.
As The Economist put it, in 2008 the problem was the banks and the goverments was [...]
Getting out of debt is a hard thing to do for so many people. It is especially for them having credit cards. It can almost be sure that they who have credit cards are the people carry a balance. The problem of credit card is so general that almost every one having them cannot easily [...]
The uncertain condition that is experienced by so many people in the world makes the wise has to think carefully to have a better future. This means that they have to prepare themselves if something unwanted is happening. That way if it happened then they can still survive with that preparation. This is the same [...]
In the time of the world crisis, maybe the worst impact is felt on the economic crisis. So many people have to change the way they live as well as to adapt to the world situation that may be unfortunate for them and the whole family. The way outs that are often done by those [...]
Some people feel that the global crisis makes them have to do some activities that may never be done before, even in their entire life. In the past, they might do the spending and shopping activities as their wish. They need not to think about the money they spend as well as the opportunity for [...]
There are many factors that you need to pay attention to when it comes to investing. One of them is building a balanced portfolio. This is important because it reduces the risks of your investment.
If your portfolio isn’t balanced, you might get big gains in good times but also big loses in bad times. While [...]
There are many ways for you to learn finance. You can read financial books or take financial courses. But these days, thanks to the Internet, there are a lot of other ways to learn finance that are cheap and have high quality.
One of them is by listening to podcasts. Podcasts are audio programs that you [...]