The primary aim of earning money is to spend it on things we need and want. We should be clear on the difference between our needs and our wants. Our needs are the basic and fundamental things required for our daily life like food, cloth and shelter.
Our spending has the ability to build or destroy our life and our hard earned money.The income stream(s) we have or created should always be enough for our expenses.To have a strong hold on our expenses,we must define and understand it clearly.A simple way of defining our expenses is to name it as Good andContinue reading “Good And Bad Expenses.”
Personal Financial Management, well the name says it all. Who would not want to live a life free of debt.
An apartment in a town ship with the balcony facing the play area, you on a coffee sitting opposite to your loved ones, thinking about how the life has transpired. Glowing bright with satisfaction of thought that well we are ready to face any eventualities even though both are retired. Well many would die forContinue reading “Financial Planning – A blueprint for your second half of life.”