Frugal living means making sacrifices and being extremely strict with your spending habits. This can be challenging to achieve and even harder to maintain. Being frugal is the process of making deliberate and intentional decisions in order to save money in a responsible and sustainable manner. Frugality is a lifestyle or approach focused on being […]
Steering clear of typical mistakes is essential for a profitable investing experience. This is an article that will help you avoid making common blunders when making your first investment whether it’s in stocks, bonds, money market funds or mutual funds. 1. Insufficient Research Not doing adequate research is one of the investing cardinal sins. Ignoring […]
Despite inflation falling to 3.9% in the year ending in November (from 4.9%), the cost of living still places extra strain on household budgets. Even if prices are starting to decline, regular products are still more expensive than they were before the pandemic. Nevertheless, if you adhere to the “50/30/20 rule,” you may quickly gain […]
In the world of investing, asset allocation is a fundamental principle that endures. Asset allocation harmonises investments to produce a balanced and robust portfolio, much way a conductor expertly arranges a symphony. We want to explore the intriguing path of asset allocation. We would now discuss its importance in controlling risks, maximising profits, and reaching […]
Many people think that earning a lot of money at work is the only path to financial success. But your paycheck size is not the only factor in being wealthy. Even if you keep getting paid the same salary for years, you can still become wealthy. These call for cutting back on expenses, and finding […]
Getting started in freelancing involves several key steps. It’s important to note that as a freelancer you need to consistently build your credibility to establish trust and confidence in your expertise, or competence as a person. You need to demonstrate honesty, consistency, and a track record of excellent performance. Here’s a guide to help you […]
At its root, inflation erodes the purchase power of a nation’s currency. One force that has the ability to shake up financial markets and affect currency purchasing power is inflation. Customers discover that their money can only purchase fewer items and services when prices grow. The citizens daily lives are immediately impacted by this predicament, […]
As an Investor, here are some tips I wish I knew earlier in my investing journey. The most important of them all for me was overlooking fees. And this cut very deeply into my Return on investment (ROI). I don’t want you making the same mistakes I made and thus I’ve put together this list […]
The decision to buy an existing business or start your own involves a thorough assessment of multiple factors, each carrying its own set of advantages and challenges. Buying an Existing Business: PROS 1. Established Operations: One of the primary advantages of buying an existing business is that it usually comes with established operations. This includes […]
Many business owners launch new ventures while juggling full-time employment. You have to prioritise your tasks when working on building a new business and have a limited amount of time. What is the one thing that should get done first when you have limited time to work on your business or side hustle? When you’re […]
