Bankruptcy is one of the few things in life which we do not ever want or hope to experience. However for some, bankruptcy is not so farfetched. It is of utmost importance that a person knows or learns about things like how to handle money effectively and how to invest mindfully. This is the key to financial stability. According to a 2005 study, almost 46% of reported bankruptcies were directly or indirectly caused by expensive medical … [Read more...]
What is Financial Freedom?
Financial freedom is going to mean something different to you than it does to me. That’s because we all have our own idea of what our ideal life and success means. It’s also reflective of what stage of life we’re in and what we have left to achieve. In its essence, financial freedom means having the freedom when it comes to money to live your best life the way you want to. You don’t feel trapped by money constraints, you’re not living to work … [Read more...]
Need More Cash? Here Are Some Easy Ways to Make More Money
Money is a thing that we need to live, but never seem to have enough of. Hopefully, most of us can pay basic bills, buy some food and take the car out every once in a while – but a lot of us can do only that. Most Americans, 46 percent to be exact, live paycheck-to-paycheck. Which means they can’t save the money they need to to get through a financial crisis, let alone take that trip to Mexico that they dream of. How to Make More Money Assuming … [Read more...]
Money Management Apps for Budgeting
Money management is great in theory, and yes we know we all need to do better. But it’s hard and seems like a seriously daunting task. Luckily, you can try a number of money management apps! Technology can be a great virtual assistant for helping you keep your finances in check. These are the best ones to help you manage your money and budget like a pro. Mint Mint is my absolute favorite money management app. Not only is it easy to use (for … [Read more...]
From Ledgers to Laptops: Bookkeeping Duties Revealed
Image Source: Flickr As running even the smallest of businesses can be extremely time-consuming and fairly stressful on occasions, getting all the help they can is something all small business owners should aspire to. However, whether the management of money transactions will be carried out by qualified bookkeepers or bosses who decide to take care of the books themselves, bookkeepers need to be good at mathematics. Of course, it is not just … [Read more...]