I’m a firm believer of the concept of tracking all expenses. If financial independence is the ultimate goal, then tracking expenses is first step which can lead us there. 50/30/20 budgeting rule is the foundation based on which the expense tracking tool will work. If you need to improve your personal finance, then start with…
![Wealth Building: How To Build Wealth in 30s [Wealth Formula]](https://ourwealthinsights.com/wp-content/uploads/2010/07/Wealth-Building-Image.png)
There can be a formula for wealth building. If you are interested to know about how to build wealth then you just need to follow this formula. Who can use this formula? Anyone can use it. But people who are in 30s can benefit most out of it. Why? Because they are ones who have…
Retirement planning is important. Why? Because this is what is going to give us financial independence after we’ve retired from our jobs/work. The planning will ensure the availability of the required funds when it’s time to retire. In India, the majority of service-class retired people depend on annuities to take care of their cash flow…
One’s present personal financial health is built upon how money was handled in the past. Better the money is handled today, healthier will be the future financial health score. When money is spent only to buy things, it can add nothing to one’s financial health score. Instead, it affects negatively. So, how to handle money?…
The rent vs buy a house decision is a dilemma that the majority face while buying their first home. It is one of the tough decisions of life. Why? Because when common men decide to buy a house, they are actually making a decision to lead a less-abundant lifestyle. Hence, along with money, buying a house…
