What amount of your income should you save? That is a question that we all have. Dividing your money into the ratio of your needs, wants and investment is hard. And this is the first part of financial planning, knowing your needs, wants and how much you should invest. So here comes the 50/30/20 budgeting […]
While doing your financial planning you may have surely heard about Emergency Funds. So what is an Emergency Fund? An emergency fund is a part of income stashed away for later use, in some emergency or distress. The purpose of an emergency fund is to improve overall financial security and help in times of unanticipated […]