Recent Articles in Goals
Glossary of personal finance terms and definitions that anyone looking to achieve financial freedom should know and understand. Becoming fluent in financial terminology can help give you the leg-up you need to conquer your debt, create a sustainable and working household budget, and provide you with the know-how and prowess you need to get ahead financially.
With a side hustle, making money on the side is both possible and it can be convenient. Even better, you get to add a few more figures to how much you already take home from your day job.
What kind of side hustles can you get into to start making money? Here are some ideas to get your creative juices flowing. And, yes, you will need to have creativity in spades for some of these on-the-side ventures.
Personal priorities and disposition will naturally influence one's financial ambitions. However, as you progress through life's stages and encounter new economic challenges, your goals will shift. A person in their 20s will have a very different outlook on life than someone in their 60s, and their financial planning needs to reflect this.
Wouldn’t it be great if money didn’t exist at all? I’ve heard this many times and, to be honest, thought it myself when I was younger. We say this as if such as solution would solve all of our problems regarding class, want, and need, right? If only we didn’t have money, life would be fair and less stressful.
Problems resulting from day-to-day and long-term money management plague many millennials. With the majority of them facing high debts, it can be difficult to set some money aside for their savings. The increasing cost of living in each city and their huge student loan debt makes it even harder for them to make ends meet. While they do have jobs, a huge chunk of it goes immediately to paying their student loans.
When national emergencies strike, whether in the form of unforeseen natural disasters or approaching pandemics, preparation is critical for weathering the storm, so to speak, and emerging on the other side in the best possible financial position. What should be on a Personal Finance Checklist for National Emergencies? A personal finance checklist ahead of and during national emergencies should include steps to take that protects your household finances, minimizes the emergency’s negative effects on your money, and provides guidance for you and your loved ones in both best-case and worst-case scenarios.
Everything gets a whole lot easier when you have a few key financial rules to keep your budget in check. Instead of hoping that you do not overspend every month, make sure you don’t even by giving yourself goals and guidelines.
These simple rules can give you the foundation you need to make better day-to-day financial decisions and get you one step closer to financial freedom.
In our busy lives, the monotony of handling our finances can be among our biggest challenges. We can even face financial crises due to poor money management and lack of emergency savings. Consequently, financial management has become a necessity for keeping track of your spending and increasing your savings.
Your life could be much easier if you managed your finances and followed a budget.