views

Never Underestimate The Power of Compound Interest

Saving6 Comments

Never Underestimate The Power of Compound Interest

Saving is the key to building wealth One common way to build wealth is to spend less than you earn and invest or save the difference. This is like the basics of personal finance. In order to make your savings grow faster, you have two options available: increase your income or increase your savings. Unfortunately, increasing your …

views

Why You Need An Emergency Fund

SavingLeave a Comment

Why You Need An Emergency Fund

Why is it so important to have an emergency fund? Emergencies are (unfortunately?) part of life, so should be an emergency fund. Whether it is for an unexpected medical bill not covered by your insurance plan, or in case your car suddenly breaks down. How do people plan on paying such bills without going into debt or …