Personal finance is defined as a phrase used to refer to those aspects of the financial world that are likely to be of interest and concern to individuals.
Living through a recession or trying to make ends meet is a difficult task. Inevitably, some of us will struggle managing personal finances from time to time. But this doesn’t mean that we can fall into debt problems without a fight. When there is a cash crunch, many people borrow from friends or family or…
Due to COVID-19, global economic conditions are very poor and almost every country has faced an economic slowdown, including the United States, the United Kingdom and India. Though the recovery has started, it is quite slow and will take years to recover. So, in these troublesome times, one of the key questions that every business…
“You have to spend money to make money.” I’ve heard that for a long time, and you probably have too. But a lot of people think that investing is just putting your money in real estate or the stock market… Maybe Blackjack if you’re an MIT student who can count cards. But these conventional ways…
There has been an exponential rise in the number of people interested in stock market trading in the past few decades. Stocks are now seen as financial instruments that can be used to build wealth. The image of stock trading has changed from ‘toys of rich’ to average man’s “tool for building wealth.” Before a…
2 out of 3 students graduate with a loan in hand due to their bad financial condition. Don’t worry! Borrowing student loans is quite common in the United States and where 5% of them carried a burden of $100,000, 65% with $25,000 and 36% of them with $10,000 on average. It is best to plan…
Investors are a lot like tightrope walkers. If the high risks pay off, then there is a lot there to admire and the reaction is an impressive one. However, if the executor is poorly trained, the injuries can be very damaging. The key skill for these two daredevils to master and finesse is balance. In…
Keeping track of your cash flow is an essential part of managing your personal finance successfully. But managing money is a hard task. At times it can be overwhelming. If you find it challenging to balance a checkbook or keep your finances in order, then personal finance apps can be the right solution. These apps…
Along with the various other merits, Zerodha leads as a stockbroker due to Zerodha margin calculator which is the simplest to use margin calculator among its competitors and allows the discount brokers to compute the amount of funds they need to maintain in their trading account. Assuming that you are familiar with the concept of…
When you think about education and financial aid, you might think primarily about students who are graduating high school and heading to college. They can apply for federal financial, scholarships, and grants. What if you’re an adult who’s heading back to school to advance your career, learn a particular skill set or perhaps enter into…
When you don’t have to live paycheck-to-paycheck, and yet cannot seem to stop struggling at the end of the month, the only culprit involved is you. Specifically, it is your spending habits and penchant to live beyond your means that is hurting you in more ways than one. If you do not put your money…
Let’s be honest, personal finances are probably one of the most important aspects of adult life, but it is the absolute last thing people ever want to discuss. As financial planning and other “adult” concepts are rapidly leaving the education system, more and more young adults are entering into the real world with no real…
A very common question that comes to mind is, “Does Canceling a Credit Card Hurt Credit Score“? In this article, I will try to answer this question. But the summary is that canceling a credit card may hurt your credit score in a long run but generally, it will not. Keep reading this article to…
