Defining investment goals is an essential step in creating a successful investment strategy. Here are some steps to help you define your investment goals: Determine your financial objectives: To define your investment…
Category: Personal Finance Management
What is the importance of Health Insurance?
First of all, what is health insurance? Health insurance is a type of agreement signed between you and an insurance company. With this agreement, the insurance company is legally bound to cover…
What is Financial Literacy?
Life is always full of challenges, and the majority of them are caused by financial instability. No matter how much you are earning, if you don’t plan your expense well, you will…
Steps to achieve financial independence
Achieving financial independence is a herculean task for most of us. The most difficult part of this is, people don’t know where to start and what to aim for. The purpose of…
What Is An Emergency Fund And Why You Need One?
Imagine standing on a cliff-top. Beautiful, isn’t it? Suddenly your feet topple and you fall into the dark and deep valley. As you keep falling, you close your eyes thinking that this…
You “NEED” A Car But You “WANT” A BMW
If you want to live a happy life, the one and the only way is to stop proving others and start living for yourself. It is very bitter to accept, but the…
Being Rich And Wealthy Are Not the Same
What do you think about these two terms: wealthy and rich? These two terms are used synonymously everywhere. Both are used with a meaning of having a great deal of money, assets or wealth….