Why retirement savings? Many people dream of retiring with peace of mind, financial independence, or at least a level of financial security and freedom. This is not just some random or selfish goal. Usually, when people reach a certain age, their income levels start...
What exactly is financial planning? You’ve probably heard the term "financial planning" a lot, but do you know what it means? It has two key aspects – one related to companies and other legal entities and the other applicable to individuals. Financial planning is...
We’ve all seen the myriad of articles that proclaim more or less that you are financially independent if you have income by which you can sustain your quality of life even if you stop working. In other words, if you have enough passive income that doesn’t depend on...
Financial planning In personal finance, almost everyone understands financial planning as an overall plan for how to achieve certain financial goals. The plan might include using various financial tools such as investing in stock markets, buying company stocks through...
