Investing your money and becoming financially independent begins with one simple step: saving money.
With a little bit of discipline and planning, you can easily save money on a daily basis. There’s no need to wait for your next paycheck or bonus. With these simple tips, you will be well...
Whenever an investing conversation occurs, your portfolio manager or financial advisor will probably mention the words “risk profile.” Even in companies, investors are always talking about the risk profile of the companies they are interested in. So, what is a risk profile?
What’s a Risk Profile
A risk profile is an...
Increasing your financial wealth can be easy if you do it the right way. Treat money as your enemy, and it will show you no respect in return. But treat it as your friend, and it will be your greatest ally.
The money you have at this moment, whether it...
Earn it and spend it because you only live once, this is the YOLO lifestyle.
FI seekers earn it then invest it building their way to financial freedom. This delays gratification, but gives greater freedom later on. Those who are successful in their FI journey will so win control over...
Who doesn't like a good free app? Anything that gets you closer to saving more every month by helping you reduce how much you spend it's great, as long as it brings joy and happiness into your life. Here are personal finance apps free at your disposal that you should consider...
Investors and homebuyers sometimes go for foreclosed properties as it allows them to buy properties at a fair price. As much as you can find foreclosed properties with decent prices than newly listed properties, they come with pitfalls. Below are the pitfalls to watch out for when buying foreclosed...
Coping when markets are spiraling out of control can be an overwhelming exercise. For most young investors who did not go through the turmoil during the Great Depression or the financial crisis of 2008, the current trends in the market are overwhelming.
Financial markets all over the world took a...
How to become rich?
A checklist
About the Self:
Be passionate and alive. Meditate
Know your issues/weaknesses. Have strategies to deal with them. How do you deal with Fear and Greed?
Leverage your strengths.
Learn from the mistakes of others rather than your own.
Check in with your state of...
Looking for a home to buy is much easier than the buying process itself. The process becomes even more overwhelming when you are haggling for the best price. Unless you spend your day’s haggling for prices and best deals everywhere, negotiating for the best price for your next home...
Financial Skills Toolbox
A toolbox is a dangerous place, it contains hammers, saws and nails. If used eloquently they can build your financial fortress. On the other hand, if those using them do not have the experience or the patience to learn how to use them, they can cause unintentional...
When we talk of long term investment horizons for stocks, we talk of stocks you can hold for more than 10 years- say 15 to 30or even forever, where possible. According to Warren Buffet, if you're not planning on owning a stock for more than 10 years, don't even...
Anything finance-related can be a taxing subject for most individuals, especially when it involves investments and taxes. Every financial advisor you come across will advise you to start investing as early as possible. But how do you do it? Where do you even begin? An investment 101 lesson is...
Debt consolidation is refinancing your old credits, where a lender merges multiple credits into one loan and repays off the old debts. You will end up with one loan with new terms from one lender only.
While debt consolidation has its advantages, like allowing you to have lower interest and...
Fintech companies and mobile-money startups have long relied on traditional banks to operate, but that could soon change.
The FDIC approved bank startup Varo's charter application on Monday, which means Varo can start holding customer deposits.
Receiving an official bank charter has been part of Varo's vision from the very beginning,...
Debt is one of those words that elicits strong reactions from everyone. Some people think debt is the devil and should be paid back as soon as possible, while others think its perfectly fine to be in debt. Most people will agree on one thing though: debt is something...
