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how to build an emergency fund

How to Build an Emergency Fund

    An emergency fund is a savings fund that ideally can cover 3-6 months of your living expenses. For those who want to be even more careful, you can aim to build an emergency fund that’s… 

    Money falling from sky

    Understanding the Different Types of Income Streams

      There are several different types of income, and tapping into the power of these different income streams will not only increase your wealth but will also secure your financial future effectively. Ultimately, to reduce debt… 

      pots with money and a budget list

      Benefits of Having a Budget

        If you’re in debt or you have no idea where your money is going every month, you definitely need a budget. In fact, when it comes to personal finance, a budget is the most basic… 

        Couple sitting in Bank and banker explaining to them

        What You Need to Know About Banks and Bank Accounts

          Very often when people think of banks, they mistakenly assume that these big almost ‘legal’ institutions are looking out for them and their savings. This is a fallacy. Banks don’t care about you. They care… 

          How does Interest Work and Increase Your Savings

          What is Interest and How Do You Calculate it?

            Interest is one of those topics that we often hear about when discussing financial planning. It usually seems more complicated than it actually is… and often, it’s hyped up far more than it should be.… 

            5 Common Financial Planning Mistakes to Avoid

              “The art is not in making money, but in keeping it.” Jewish proverb Successful financial planning doesn’t happen by accident. It’s a process that must be followed carefully. Half the battle is in avoiding the… 

              How to Assess Your Financial Health?

                The current state of your personal finances is a reflection of your financial health. There are several factors to consider when deciding if you’re financially healthy or weak. Your income exceeds your expenses This is… 

                7 Financial Planning Tenets to Abide By

                  At its core, financial planning is a game, and just like any game, there are rules you need to follow if you wish to win. That said, there will be odds against you and unforeseen…