Archives For Money fundamentals

Reality of Financial Planning Knowledge and Perception

January 31, 2013 — 5 Comments

So far we have written articles like What is Personal Finance, care for our money,  spending Money on self improvement, finding a balance between earning and spending and not missing good opportunities to spend. They were all fundamental money management related articles. Here’s another one from our guest Mayank Gupta.

Financial Planning

What is Financial Planning

Financial Planning is nothing but making a plan for your future financial goals like retirement planning, child, marriage and others and managing your hard earned money in a way that you are able to achieve them. Managing money includes investing money in right asset classes and spending money keeping in mind the pre-set limit. A lot of people might or might not be aware of this financial planning knowledge. Let’s have a reality check and see:

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In Financial tips, Money Fundamentals
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How to Effectively Manage Different Financial Accounts and Information

August 24, 2012 — 5 Comments

Effectively managing financial institution accounts is equally important as saving money and investing money. Still we don’t usually put much attention to the managing side of personal finance. We concentrate mostly on saving money, opening new investment accounts, saving for retirement and diversifying income, etc.

As a blogger, I haven’t written a single post emphasizing this important need, to of keep track of your money, so far. Long back, I wrote about managing money like a Shepherd, and knowing every details about it. I also wrote about how do I track my net worth and watch them grow but, that was it.

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In Beginners Guide, Financial tips, Money Fundamentals ,
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Managing Personal Finance is All About Making Choices

February 29, 2012 — 33 Comments

This article was written by Ashley over at Money Talks. Her passion in life is to help you get control of your money. If you like this article you can stop by her site or subscribe to her feed.

Someone said to me yesterday “If you make great choices today, you will have a great tomorrow.” Isn’t that the truth?

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In Beginners Guide, Guest Post , , ,
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What is Personal Finance? The Basic Principles

November 16, 2011 — 17 Comments

This is back to the basics, reminding things over and over helps the concepts get deep in to our minds. This is a self reminder as well to keep myself on track and remain debt free for as long as I can.

Personal finance is a wide subject, it consist of behavior and practices to control spending to provide maximum and sustained value out of the money throughout the life. This practice should start when we start our career. Spend control and delay gratification at early stage are very much important if we want to live a happy and contented life in future. The day people understand the importance of managing personal money the journey towards financial freedom would start.

I had previously written about 50 money rules that every one should follow this can be a good starting point. These were what my father taught me by his actions, more than spoken words, during my early days as school going student. To date those are the best lessons I learned on personal finance.

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In Beginners Guide, Financial tips, Money Fundamentals ,
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Personal Finance Basic, Finding Balance Between Earning and Spending

October 24, 2011 — 21 Comments

This is a guest post by Ashley from Everything Finance, a fellow yakezie blog. Everything Finance is a site about just that, everything related to finance. You can get information about investing, saving money, shopping, blogging, and making money online. If you like what you see here, make sure to stop by or better yet subscribe to their feed so you don’t miss a thing.

With budgets becoming more strained as economic times become more stressful everyone from your neighbor down the street to your favorite corporation is doing one of 2 things and they are increasing earnings or cutting cost.

Generally it is much easier to cut cost than it is to increase earning so many people automatically gravitate to that method, but the way to handle things is to find a balance between both of these methods. It is always a good time to increase your earnings, and I am sure that we all have some fat that we could trim to make our finances leaner and meaner to help us achieve our goals.

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In Beginners Guide, Financial tips, Money Fundamentals ,
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