The Time Value of Money (TVM) is a core concept in finance that describes the idea that money available today is worth more than the same amount in the future. It takes…
Tag: Personal Finance
Rule of 72: What it is and how to use it?
The Rule of 72 is a mathematical approximation that helps you estimate the time it takes for an investment to double in value based on a given interest rate. It assumes that…
How to teach kids about money?
Teaching kids about money is an important life skill that can set them up for financial success in the future. By following these strategies and adapting them to your child’s age and…
Why rich people go bankrupt?
There can be several reasons why rich people go bankrupt, despite their wealth. Here are a few common factors that can contribute to the financial downfall of wealthy individuals: Poor financial management:…
Steps to define your investment goals
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…
Best personal finance blogs in India
Safal Niveshak New Home Page Finance Infopedia Finance Infopedia – Complete Guide For Your Personal Finance Management! Complete Guide For Your Personal Finance Management! Stable Investor Stable Investor – Financial Planning &…
Best books on Personal Finance
Following is the list of books on Personal Finance that I have read which I highly recommend to you to read. The Psychology of Money The Working Dead Rich Dad Poor Dad…
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…