With such a heavy emphasis put on going through the schooling system and then going on to get a formal academic qualification so that we can enter the economic market with the necessary skills to get involved professionally, it’s no wonder that a lot of opportunities to make money are indeed hidden in plain view. We’re taught to think and operate in a certain way, with any slight deviations from that certain way viewed to be quite radical. Continue reading
When the month of December rolls down, most of us realize that we’ve ended up spending more in this year again. Inspite of making an effective so-called ‘money saving’ resolution in the starting of the year, we can’t stick to it due to our improper planning and impulsive attitude towards spending money for various desired things. Continue reading
Travelling is a great hobby for most people. Whether for business or leisure, travelling enthusiasts understand the challenge regarding the cost of travelling. The best way to manage your expenditure is by planning well in advance.
The effects and implications of negative financial events such as inflation or a recession tend to creep up on us rather slowly, but when they do hit they hit suddenly and really hard. By the time you realise that each of the pounds you spend actually buys you less value than what you’ve become accustomed to, it appears to be a little too late to start implementing any sort of plan to hedge against the eroded value of your money. As soon as you do realise that each of your pounds seems to be buying you less however, reverting back to the good old days of your days spent as a student often does the trick to at least give you enough time to devise a more long-term plan to better handle your finances as a hedge against the falling value of your currency. Continue reading
Saving money is important for a number of reasons. First, it allows you to have peace of mind. In other words, you do not have to worry about how you are going to pay your bills or when you are going to do so. Instead, you will always have the cash ready when it is time for you to meet your financial obligations. Saving money is also critical when it comes to handling emergencies because it allows you to set aside some cash that you can use when unanticipated situations arise. Here are 5 effective ways to save money in everyday life. Continue reading
The age-old question of ‘how much should I be saving’ has always been a problem. Everyone has weighed in on this, from Forbes and Investopedia to the Citizen’s Advice Bureau, and while there are some similarities in what’s being said, there is a fair amount of variance in what how much everyone things you should be saving. Continue reading