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What are the four types of economic resources?

What are the four types of economic resources?

by Shannon | May 11, 2023 | PERSONAL FINANCE, STARTUP

Welcome again! Today, let’s dive into the four types of economic resources that make our world go round. I’ll break it down for you in simple terms so that even your dog can understand. Who knows, maybe he’ll become an economist someday! Gain an...
What Are the Best Things to Do in Retirement?

What Are the Best Things to Do in Retirement?

by Gaurav Chaudhary | Mar 6, 2021 | PERSONAL FINANCE

If you are a retiree or your retirement is near, one thought you might be getting again and again – what to do in retirement? After spending decades working hard for others, your retirement days should be in your control. Whether you want to read books sitting on your...
What are the Best Options to Invest Your Money as A Teenager?

What are the Best Options to Invest Your Money as A Teenager?

by Gaurav Chaudhary | Feb 24, 2021 | PERSONAL FINANCE

One of the most joyous moments of life is when you start earning money during your teenage years. The happiness that your first paycheck brings makes other happy moments of that time inferior. Teenagers usually spend the first few of their paychecks. After some time,...
What Can Be the Best Short-Term Investments for Small Amounts of Money?

What Can Be the Best Short-Term Investments for Small Amounts of Money?

by Gaurav Chaudhary | Feb 17, 2021 | PERSONAL FINANCE

As there are different people in this world, so are their investment styles. Some park their money in long-term investments to achieve bigger goals, like buying their dream house, having a lot of money at the time of retirement, and others. On the other hand, some...
What are the Pros and Cons of Having Multiple Brokerage Accounts?

What are the Pros and Cons of Having Multiple Brokerage Accounts?

by Gaurav Chaudhary | Feb 10, 2021 | PERSONAL FINANCE

A brokerage account is essential for trading in stocks and investing in other securities. However, a trend quite common nowadays is to have more than one brokerage account. Is it right to have multiple brokerage accounts? It is the question asked most by investors,...
How Much of Your Income Should You Save Every Month?

How Much of Your Income Should You Save Every Month?

by Gaurav Chaudhary | Jan 10, 2021 | PERSONAL FINANCE

Save money for rainy days. The habit of savings improves your present and future financial life. The right amount of savings every month keeps you financially secure throughout life. Such wise quotes inspire people to develop a habit of saving money. But most of them...
What Are the Best Long-Term Investments for Beginners?

What Are the Best Long-Term Investments for Beginners?

by Gaurav Chaudhary | Jan 2, 2021 | PERSONAL FINANCE

Long-term investments are a crucial part of every wealth-creation strategy. If you are young and aiming to retire rich or create a fortune in the next 2-3 decades, remember you can’t do it without long-term investments. Who doesn’t like to be a wealthy person?...
What Is the Best Way to Invest Large Amounts of Money?

What Is the Best Way to Invest Large Amounts of Money?

by Gaurav Chaudhary | Dec 18, 2020 | PERSONAL FINANCE

People wish to do this and that if they get large amounts of money. But when they acquire this money in real, their priorities usually change. After receiving large amounts of money, most of them prefer investing it first and then fulfill their wishes with returns...
What Are The Steps Involved In Personal Financial Planning?

What Are The Steps Involved In Personal Financial Planning?

by Gaurav Chaudhary | Dec 4, 2020 | PERSONAL FINANCE

A common belief is that earning in 6-figures, or more than that, is enough to live a life free from financial worries or problems. It may seem right, but handsome earnings are not enough to diminish such concerns. People need to have and follow a robust financial plan...
What are the Best Retirement Investment Strategies? [By Age]

What are the Best Retirement Investment Strategies? [By Age]

by Gaurav Chaudhary | Nov 20, 2020 | PERSONAL FINANCE

Do you have any idea of how you are going to retire – rich or like a mediocre person with loads of debt? Have you made any investments that will help you retire rich, without any financial worries? If your answer to such questions is NO, it’s time to convert them into...
Lease or Finance Your Car and What’s The Difference Between Them?

Lease or Finance Your Car and What’s The Difference Between Them?

by Gaurav Chaudhary | Oct 21, 2020 | PERSONAL FINANCE

When people decide to buy a car, they usually discuss it with their friends and family members. They receive many suggestions and pieces of advice like which one to buy, which ones to avoid, why to buy/avoid a specific model, how to pay for your car, should you get it...

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