Saving in the Digital Era

We’ve all been there before: at first, we were just absentmindedly scrolling through our Instagram feed when we come across a beautifully made travel bag or trendy sneakers posted by a brand account. Next thing we know, we’ve placed our order and we’re ready to make a purchase. Everything happened …

Managing Personal Finances for Millennials

When it comes to personal finances, millennials often struggle. Older generations sneer, saying that the youth’s money problems stem from their own spending habits, from frequent eating out to coffee shops. That criticism has some merit. A recent survey conducted by Bankrate show that the average millennial eats out or …

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8 Principles of Investing for Beginners and Beyond

8 Principles of Investing for Beginners and Beyond

To start, there are no investment hacks and shortcuts. Investing requires time, research, and maintenance. Effort? Depends on the instrument. Stocks, for instance, would need more vigilance than bonds, which is mostly a ‘buy and wait for maturity’ affair. Overall, however, there are no instafix to get you high investment …

8 Steps to Creating a Smart Financial Plan

Financial planning may not be the most fun chore in the world, but it’s not a scary uphill battle either. If you are relatively vigilant, disciplined, and willing to do research, crafting a personal financial plan and sticking to it isn’t troublesome. There really is no cons of making a …

Building a Portfolio for Retirement

Let’s be clear: investing is not a roadmap to instant wealth. Investing is a plan for the future. Your retirement years may be far ahead, but it is vital to start investing early as you will reap more benefits the sooner you start. Investing’s key ingredient is time. The same …

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Default Rates in Peer-to-Peer Financing Platforms

To paraphrase Crowdfund Insider’s “The Ultimate Crowdfunding Guide,” with peer-to-peer (P2P) financing, the risk an investor accepts is default. Every P2P financing platform has its own policy on default, and all investors need to take the time to understand these policies in order to protect themselves. Because every P2P platform …

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Budgeting: Balance Your Spending

“My money keeps spilling out like water.” Many of us have experienced the frustration of having too many expenses to track. We have to pay for housing, utilities, taxes, transportation, food, the list goes on. Sometimes we can’t catch a break despite bringing in a reasonably good income. It’s normal …