Money Management skills are very crucial to properly manage your income and cover your expenses. Developing these skills is a continuous process. Money management skills help people to properly track their spending habits as well as to channelize their income to the most productive areas. “Earning a lot of money is not the key to […]
Money management is a process that deals with activities such as spending, saving, investing, budgeting, debt payments, etc. If you don’t know how to care for money, money will stay away from you. Robert T. Kiyosaki The ultimate goal of money management or investment management is to utilize your money wisely and also to accomplish […]
Making a budget to manage your money is very crucial. While making a budget it is important to follow a few essential points. Also, there are a few things which have to be avoided. Here is a list of do’s and don’ts of budgeting which will help you to make a fabulous personal budget for […]
A budget is telling your money where to go, instead of wondering where it went. John Maxwell A budget helps you to keep track of your income as well as spending habits. It also helps you to save and invest for your future. If you want to learn about the basics of budget and the […]
What is compounding? Compounding refers to the process of generating income by reinvesting the earnings from an investment. Earnings can be in the form of interest or capital gains. Your earnings are added to the previous amount, which then becomes your principal to calculate the interest for the next compounding period. Banks or financial institutions […]
What is a budget? A budget is a detailed plan of operations for a specified period of time. The operations include estimation of income and expenditure. It also includes creating a plan for your spending habits. Usually, a budget is created for one year. But weekly, monthly, or quarterly budgets can also be made. Budgets […]
Everyone craves to attain financial freedom and to become debt-free. Paying off your student loans can be the first step towards financial freedom. The focus here is not just paying off your student loans but paying them faster. A question might strike your mind: What does paying off student loans faster mean and why is it […]
An IPO or Initial Public Offering involves issue of shares of a private company to the general public for the first time on the primary market. The interested investors can invest in the IPO of their desired company. If you want to know about the basics of IPO, its types, reasons why companies go for IPOs, […]
Asset monetization includes transfer of performing or underperforming assets for a limited period of time with the aim to unlock ‘idle’ capital and reinvesting it in other assets that provide improved benefits. Government has no business to be in business. PM Narendra Modi Asset monetization by the government is a very significant public finance option […]
An IPO or Initial Public Offering refers to the process of issuing shares of a private company to the general public for the first time on the primary market. A firm will decide to execute an initial public offering (IPO) to raise capital for their business. A private company can transform into a public company […]
