Basic Questions to Ask When opening a Bank Account

Every person or family has Bank Account. Whether it is for savings or checking account ,it is very important to be wary these days. Banks has a good number of competitions so there are more selections which sometime hard to pick which one offers the best.  Banks these days has so many schemes from now and then, which is overwhelming and enticing.Though, it is still  best  to be educate and have a better comprehend of what you...

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3 Best Free Software for Personal Finance

In today's technology life is been easy and simple once you are willing to adopt and understand the basic software you needed.There are a lot of software for personal finance in the market that you can monitor  your spending and budgeting. Learning finance is awesome once you know how to handle your own money. You just need to choose which one is best for you. We all have preferences even in the software we want to used. I like the mint...

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Why learning finance is awesome?

Managing your finances is tough and it make worst once you don't know how to budget your your personal expenses and learn to save for rainy days. Finance is like our  life-it's uncertain and we don't know what will be the future. All we have to learn is to enjoy and ride it on. No turning back:  Whatever is your past is your past. You can't turn back but keep the lessons from then. It is like finance, once you don't know how to budget...

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How to Make your Own Income Statement

Making your own income statement is very important, it is a business called "life" if you don't know how to monitor, you'll be in trouble and there is a tendency you  would file a bankruptcy. Whether I like it or not, monitoring your income statement is big plus so you know if you're making a profit or loss in your life. Remember income statement  is  your  actual  cash inflows and cash outflows. Income statement Formula: Monthly income (after taxes) - monthly expenses = Profit Personal Monthly Income Statement: At...

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How to save money on Grocery by spending less than $100 a week

As a wife, I do my best to help my husband to find  good deals  and save money on grocery by  spending less than $100 a week for a family of three.I do my best to control all my shopping habit by buying the necessity. With all the things I've done so far my husband never complain paying my credit card bill.   I am stay at home mom and helping my husband by controlling my spending habit is the best way I can help our budget...

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How to Make Your Own Personal Balance Sheet

There are simple ways to make or create your own Personal Balance sheet even if you're not an accountant. If you just want to monitor  your Balance sheet,it is a smart idea so you know how much you own and how much you owe. Basically all you need is to write down all your assets and liabilities. It is important you know all of them and have some receipt and proof for proper documentation.                                            ...

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Why is Basic Accounting so Important for Personal finance

I graduated in Business school and I know Basic Accounting so important in our daily life. We just don't know but we use accounting everyday- the money comes in and money that  goes out. Basically you don't need to graduate in Business school to understand all of the accounting cycle. Of course it is well worth once you are there and have a better understanding about the subject. It's all different stories once you study the accounting or...

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How to Prevent Getting Major Bills on Credit Cards

Credit Cards has pros and cons and it  all depends on  you. Sometime, credit cards is  a big help if you used it wisely but being a human  we tend  to be an  impulsive buyer and this is true in any ways It is hard to control once we don’t understand and learned our lesson from our  mistakes or from other people who are in debt and can’t get out of it. Buy what you can afford:  Don’t compete...

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