Are you aware of how to manage your personal finance? Do you know the best opportunities for investing your personal finance? Have you ever thought how to manage your debts, savings, budgets, etc. Why money management plays an crucial role in any financial markets? Do you know how to periodically perform evaluation, assessment of your finance? How […]
Personal Finance Basics for Beginners Module Read More »
This is a quiz for your personal finance. Take personal financial quiz questions with answers to test your knowledge on “Personal Finance Basics for Beginners module”. Let us check how much do you understand about personal finance, savings, budgeting, tax planning, how to fundamentally evaluate, monitor and assess your personal finance? How to manage your investment, insurance, debt
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In any scenario how can one think of winning the battle of personal finance management? It is not the thing of a day or a month or even a year, this is the thing of everyday, throughout the life. Next comes is the long phase of personal financial assessment evaluation and monitoring. It’s an ongoing
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Wealth Creation Definition: Wealth creation means anything which could be owned and controlled, and have monitory value or have the potential to create the monitory value. Assets could be tangible like a car, house, furniture, machinery etc. or intangible like goodwill, copyrights, patents, trademarks etc. For a company, the land, the building, machinery, inventory etc.
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Debt Management Definition: A debt management is a contractual agreement between two parties (debtor and creditor) to safeguard their own interest. In simple words, terms and conditions defined by lender to the debtor to repay outstanding debts with pre-defined interest rate and duration of repayment. Probably, this is the most important lesson one has to
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