May 26, 2022 | Financial education, Good financial advice, News, Overindebtedness
Surely the best way to spend one’s earnings is in experiences. Objects leave time for themselves, while experiences make you happier and allow you to have fewer second thoughts about spending. It is much cheaper to spend our money on something beautiful to...
May 20, 2022 | Financial education, Good financial advice, News, Overindebtedness
Choose a mantra, or rather a phrase, that can help you curb your purchases and rationally choose what expenditures to make and how to use your budget thus trying to curb your instincts. It might be useful, for example, to break down the price into labor hours to fully...
May 12, 2022 | Financial education, Good financial advice, News, Overindebtedness
We return to planning as the cornerstone of good financial education and an excellent habit to always be in control of one’s finances. Setting goals, in life as well as in personal finances, is the right key to avoid making poor choices or investments that could...
May 5, 2022 | Financial education, Good financial advice, News, Overindebtedness
Dedicates 30% of income for personal expenses A great many people suggest, in application of the 50-30-20 rule or advice from major industry figures, to use no more than 30 percent of monthly earnings for personal expenses, i.e., travel, dinners out, birthday gifts or...
Apr 29, 2022 | Financial education, Good financial advice, News, Overindebtedness
Dedicates 20% of income in savings To be always sure of one’s financial and, therefore, economic situation, one only needs to devote 60 seconds each day to money management. How? Checking on investment trends, news, and important news. In this regard we...
Apr 21, 2022 | Financial education, Good financial advice, News, Overindebtedness
The fourth tip in the column on good financial advice is: Spend one minute of money a day To be always sure of one’s financial and, therefore, economic situation, one only needs to devote 60 seconds each day to money management. How? Checking on investment...