*Article contributed by Sarah Morris.
Money doesn’t grow from trees. It’s earned through hard work. Even the wealthy don’t stay on their couch, but ordinary people have to work more to earn more money. Sadly, some people fail to manage their finances properly, and before they know it, their hard-earned pay is gone even before the next payday. If you’re guilty of committing this mistake, you badly need to learn how to budget. You get the idea of listing your necessary expenses, but it’s the computing part that sets you off. Using a calculator can help, but a simple budget calculator is even better.
Technology is your friend when it comes to budgeting. And a finance or budgeting calculator, whether it’s a software or an app, has these advantages to offer:[Read more…]
May isa kang kailangang pag-ipunan bago ka magsimulang mag-invest, at ito ay ang emergency fund. Palagi tayong may makakaharap na problema sa buhay, at ang kaunting perang nakalaan para sa mga ito ay makakapagligtas sa atin mula sa napakaraming masasamang sitwasyon. Bukod pa roon, makakagamit rin tayo ng napakaraming magagandang oportunidad sa buhay dahil dito.
Narito ang ilang rason kung bakit kailangan mong mag-ipon para sa isang emergency fund. (Tandaan mo din ang huling beses na pinag-isipan at pinaghandaan mo ang mga ito, at kung ano ang gagawin mo kapag mangyari sila.)
There’s one thing you need to save for before you start investing, and that is an emergency fund. Problems happen all the time and a little extra free cash saved specifically for emergencies can get us out a lot of terrible financial situations. Aside from that, it lets us pursue excellent opportunities as well.
Here are a few reasons why you need an emergency fund. (Just think about the last time you thought about these things, and what you would do if any of these ever happen.)
*Contributed by Shiv Nanda of MoneyTap.com.
Credit cards and personal loans are both good solutions for financing regular expenses as well as unexpected ones. Both products are basically unsecured loans that do not require collateral backing, and you can repay them over time.
So, how do you choose which one to get?
May dahilan kung bakit nauubos agad ng mga nanalo sa lotto ang kanilang napanalunang pera, at nararanasan din natin ito kapag nakatanggap tayo ng cash bonus o malaking cash gift. Nakatanggap ka na ba ng maraming pera at naubos mo ito dahil hindi mo napigilan ang sarili mong magshopping? Nagsisi ka na ba sa pagwalgas ng pera dahil biglang lumabas ang ilang dosenang mas importanteng bagay na pwede mo sanang paggamitan nito, tulad ng pagbayad ng mga utang o bills? Kung sumang-ayon ka sa mga tanong na iyon, narito ang isang simpleng guide para sa iyo.
*Note: “Windfall” ang madalas itinatawag sa pagkaswerte tungkol sa pagkatanggap ng malaking pera.