Rule of 80 20? Do you mean the Pareto principle? No, I did not mean that. But the Rule of 80-20 is a spin-off version of the 50/30/20 rule. If you ever have trouble with the 50/30/20 rule or you are looking more simplified version of budgeting, Then the rule of 80-20 budget is a … Read more
Budgeting can be daunting; Especially, when you are starting! You may not know how to begin. How to end? Is this the right way of doing it? Many Self-doubt rises within us. In pursuit of the perfect budget plan, you may wear yourself out. In fact, Budgeting is never meant to be complicated. Most of … Read more
Can Medium term goals change your life? Hell No! But there are a few principles that help you to crush your goals & potential to change your life. Please read further… On the 31st of December evening, A 30-year-old man sits on his rooftop and reflects on the year passed by, he realizes that never … Read more
Compound interest on savings account: One of the best part of a opening an savings account is to park your idle money safely and watch its grow. How it grows? The bank provides compound interest on savings account , so your money grows. Thanks to its Interest. Interest earned on a savings account can help … Read more
Are you a person who considers wealth as one-dimensional? If yes, no worries. Most people consider wealth as something measurable or tangible. The truth is other types of wealth play a crucial role in determining the quality of the life we live. It’s easier to say whether your neighbor is richer or poorer than you. … Read more
Does investing in the stock market make you lose your sleep at night? Is the fear of losing capital stop you from investing? Are you someone who lost your capital in day trading or options trading recently? If your answer is yes, this guide will help you get your peace back and generate steady returns. … Read more
Do you struggle with your finances? Understanding the difference between needs and wants can be a crucial step toward achieving financial freedom. In this guide, we’ll provide useful tips on how to identify your priorities and make the most of your resources to secure a more stable financial future. Determine your want vs needs One … Read more
Welcome to My finances! This is my 3rd-month update since I started this page. The purpose of sharing these numbers is to get out of debt and become debt free as early as possible. The debt payoff method used is avalanche repayment method. For the last couple of months, I didn’t contribute any penny towards … Read more
You follow traffic rules to drive safely and avoid accidents. You follow tax rules to avoid being penalized by the government. Rules are meant to follow, breaking them is not cool at all. You can be a good law-abiding citizen, but it doesn’t mean you have some basic rules for investing your money. This blog … Read more
