If you spend more than you bring in, you are in a budget shortfall situation. You can’t go on spending more than you earn and running up debt, so you need to take action to turn this around. First take a look at your income. Is it possible for you to increase it by working …
Saving means spending less than what you earn, and keeping the excess for future expenses. Investing means taking money you have saved, and using it to acquire an asset that earns income or grows in value over time. That asset or investment could be real estate, a bank account, or some other financial instrument. Assets …
Saving, Investing, Budgeting: What do these words mean? Read More »
Many people feel pretty comfortable and confident with their personal finances, but still feel there are gaps in their understanding of certain terms and concepts. By increasing your knowledge, understanding benefits of financial products and making good sense of everything, it will help you become better informed to make financial decisions and become better consumers …
