Introduction The first investment option we will look at is investing in small businesses. The drive for entrepreneurship is leading to the creation of many new companies every now and then. It is on record that about 12,000 new companies are registered in China every day. The global interest in Read more…
Where to Invest: A Summary of Some Good Investment Options Having understood why you need to invest your money and where to get money for investment, we must take a cursory look at the different investment options you should consider. After you have gone through the discipline of saving money Read more…
Having looked at the reasons why investing your money should be a priority, it is essential to take some time to understand how you get the money for investments. Investment presupposes saving and saving presuppose that your expenses are lower than your income. The question then is, how do you Read more…
Why Do I Need to Invest My Money? Irrespective of the current value of their assets, everyone wants more money. As we grow, our needs grow with us, and so do our expectations from life. The more the expectations, the more the goals we have to achieve, and the higher Read more…
Tidying up Your Finances As We Approach a New Year Many excitements accompany the approach of a new year. One reason for this is the holidays. The holidays provide an opportunity for us to spend time with family members who live in different places. The period leading to a new Read more…
Factors to consider before buying a home Introduction Buying a home is one of the key financial decisions that most people will have to make at one time in their lifetime. We have already addressed the question of whether you should buy a home or rent a home. In this Read more…
Introduction Shopping around is a term that any student of personal finance must have read or heard at one time or the other. It means that before you make any purchase, you should consider and evaluate different deals, offers, and options. The basic thrust is that the first option is Read more…
What is a Credit Score, and why is it important? A credit score is a three-digit number that lenders use to measure the creditworthiness of an individual. The credit score is an important component of your financial life that considers your credit history and how that is relevant to your Read more…
The concept of emergency funds or reserve funds is a common one in the world of personal finance. The importance of such funds cannot be over-emphasized for every individual who takes their finances seriously. Vanguard.com defines emergency fund as “a stash of money set aside to cover the financial surprises Read more…
The topic of debt is one of the important topics in personal finance. It is a topic we cannot avoid because it affects a lot of people. On one side are people who have wrecked their finances by taking on loads of bad debts. On the other side are those Read more…