Expenses

Peter's picture

Personal Finance 101: Cash Flow & Net Worth

Personal Finance 101: Cash Flow & Net WorthSo far we've looked at income, expenses, assets and liabilities, but what do these all add up to? Well, today we'll be looking at Cash Flow & Net Worth the two basic measurements of our personal financial health. By maintaining a positive cash flow and building a strong net worth you'll be securing your financial future. Understanding this will help us to unlock the secrets of wealth and financial independence. Let's take a closer look.  ... read more of this story»

Peter's picture

Personal Finance 101: Expenses & Saving

Personal Finance 101: Expenses & Saving: Saving on expenses can be a powerful tool for getting control of your personal finances since money saved is tax free.
We all know that we should reduce our expenses to save money. This is often the first piece of advise you'll get on personal finance. This is, in fact, excellent advise but do know the reasons why? In this edition of the Personal Finance 101 series I'll take a look at some reasons why saving on your expenses is such a powerful tool for creating wealth and financial independence.  ... read more of this story»

Peter's picture

Personal Finance 101: An Introduction

Basic Personal Finance: Overview

For many of us, the only way we know we are in rough financial shape is when we start having trouble paying the bills at the end of the month or when our debts just keep increasing instead of going down. For some, personal finance can seem like a complicated topic to grasp but it doesn't have to be. For others, personal finance seems simple but maybe you are overlooking some important concepts that could be helping you to escape the rat race sooner.

Over the next few weeks I'll be posting a series on personal finance concepts which should help demystify where your money is going and help you to regain control. This first article is an introduction to the key concepts of personal finance.  ... read more of this story»

Peter's picture

Don't be a Slave to your Debt: Give Yourself a Raise!

Do you ever get the feeling that you are trapped in your current job? Maybe you don't enjoy what you do and you feel you aren't getting paid enough to do it. I bet a little raise would help your spirits, but likely your boss doesn't see it that way. So what can you do? Well, you could start by giving yourself a raise.  ... read more of this story»

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