Debt is something that can feel very overwhelming, but there are steps you can take to free yourself from it. One of the most important things to do is to create a budget and stick to it. This will help you see where your money is going and where you can cut back in order… Continue reading How Can I Free Myself from Debt?
Category: Budgeting
Can Debt Make You Rich?
The straight answer is not available. So, you can get rich with debt or get in a debt trap all depending on the strategies and utilization of the debt fund. Debt is a liability, not an asset. While some people may have a high net worth despite having a lot of debt, this is usually… Continue reading Can Debt Make You Rich?
How Debt Ruins Your Life?
Debt is like a cancer that slowly eats away at your financial health. It can ruin your credit score, making it difficult to get loans for major purchases. It can also lead to high interest rates and late fees, which can further damage your finances. If you’re struggling with debt, it’s important to seek help… Continue reading How Debt Ruins Your Life?
Why emergency funds matter | The best friend in need
Life is not a bed of roses, as the saying goes. You will face so many incidences you do not expect. Many of those events will cost you an unusual amount in bulk. Your emergency funds will save you at those times as the best friend in need. Let’s learn why emergency funds matter and… Continue reading Why emergency funds matter | The best friend in need
Asset-rich vs cash-poor | How to balance properly?
Managing finances for the personal, family, and business life is not as easy as 123. There come complexities and dilemmas at times. Striking at a balance may not be comfortable readily. So, it is wise to consider the asset-rich vs. cash-poor or house-poor scenario and plan in advance. Asset-rich vs cash-poor Asset-rich, cash-poor refers to… Continue reading Asset-rich vs cash-poor | How to balance properly?
10 Practical benefits of a holiday Cash Club account
Personal finance matters a lot for arranging necessary funds for personal and family occasions. A holiday Cash Club account is a great way to ensure the best of personal finance when it comes to finance your Eid, Christmas, Holiday spending properly. What is a holiday Cash Club account? Holiday cash club account or Christmas Club… Continue reading 10 Practical benefits of a holiday Cash Club account