Entries Tagged ‘Personal Finance’

How to Create an Emergency Fund

“Financial Experts” recommend that the average person should save 6 months of earned income into an emergency fund. An emergency fund can be left in a high interest savings account, money market funds or even a saftey deposit box. Where you hold your emergency money should be very low risk as this money should be [...]

CASHFLOW; Financial Education through a Board Game?

Educating yourself financially has never been easier especially when you do so through a board game. Cashflow is a board game created by Robert Kiyosaki, author of the RichDad, PoorDad series, which he created as learning tool for those wanting to get out of the “rat race”. Not only does it come as a board [...]

How to Get Rid of Credit Card Debt

My brother laughed when I told him I had gotten my first credit card. He said that I would max it out in no time. Although my limit was not very high, I did just that. I made excuses as to why I had maxed it out (as most people do) – like, that extra [...]

How to cut expenses when you start out investing

To invest, you can use loans or other options but sometimes you may need your own money. A big problem with starting out investing is getting that capital to invest. Maybe you don’t make a lot of money. Maybe you don’t have a job or cashflow at all. This is a list of things you [...]