Utility

Identify fixed and variable income The first step to creating a monthly budget from scratch is to know exactly how much money comes in each month. This means

What is the 50/30/20 rule The 50/30/20 rule is a budgeting method that divides your net income into three fixed categories: needs, wants and

Map all current debts The first step to getting out of debt in 12 months is to gather each of your financial obligations into one

Set up automatic transfers Setting up automatic transfers is the most effective step to save effortlessly. You just need to schedule a recurring move from your main account

Why you need an emergency fund An emergency fund is money set aside to cover unexpected expenses without resorting to debt. Protects you against

What are ant expenses Ant expenses are those small and seemingly insignificant purchases that you make daily without thinking too much. A coffee here,

Understanding Why You Spend Your Entire Salary The main reason you spend your entire salary is a lack of awareness about your employers

How revolving credit works Revolving credit is the mechanism that is activated when you do not pay the full amount of your card bill

Difference between saving and investing Saving means saving money to protect it, while investing means putting that money to work so that it grows with it