When it comes to achieving financial independence, the classic advice has always been to save, save, save. You’ve probably heard it a million times: “Save your money!” It’s great advice, but it’s not the whole picture. While saving is a crucial part of financial health, it’s not enough on its own to get you to […]
Saving is not enough – The Piggy Bank Problem Read More »
Inflation is a term used to describe the rate at which the general price level of goods and services in an economy increases over time. It is often measured using the Consumer Price Index (CPI). It tracks changes in the prices of a basket of goods and services commonly purchased by consumers. Inflation is a
Inflation – is it a problem? Read More »
People relocate all the time for one reason or another; it’s part of everyday life. Any number of reasons can cause you to move. But to no surprise, about a third of people would move because of a better paying job. When considering accepting an offer, it is important to understand the cost of relocating
Got a job offer but will need to move. Now what? Read More »
Credit cards get a lot of negative publicity due to their astronomical interest rates and stories of individuals struggling to get out of credit card debt. However, when used correctly they can be a very powerful tool in your personal finance journey. Free This is often overlooked as a benefit, but credit cards are widely
How to use a credit card Read More »
The term ‘asset’ gets thrown around in multiple contexts and quite frequently it is misidentified. So let’s first define what an asset is. “An asset is a resource with economic value that one owns with the expectation that it will provide a future benefit.” Investopedia One key thing to take away from this definition is
3 reasons why you need to hold assets Read More »
