Category: Money Education Series
Get off your ass. Make more money. Invest in Equities
Is it possible to generate wealth from the stock markets? Is there a way to navigate its highs and lows and crashes? And if so, what’s stopping you from tapping into this incredible source of income? Laziness? Fear? Well today let’s try and demystify stock market investing so that you can Get off your ass. Make more money. Invest in equities.
Money education – Part 4 Assets vs Liabilities
So what’s this talk of Assets and Liabilities you say? Are we going to get into a commerce class and discuss where each of these items go in your P&L (profit and loss)? Well not really. We will paraphrase and use some simplified versions of Assets and Liabilities for us to be able to better manage our finances.
Money Education Part 3 Interest? Whats that?
So now that you’ve internalised savings, lets get to the next step. Youv cut your expenses down, and you increased your savings and they are slowly adding up. You look at your account balance every other day in your savings account. Twice a year or maybe once a year your bank pays you an Interest […]
Money Education – Part 2 (increase savings,reduce expenses)
So now that weve internalised the lesson that we need to make our expenses smaller than our income lets look at the next concept. Whats the imapct of incerasing savings v/s reducing expenses. When income is greater than expenses we can use this equation Income(I) – Expenses (E) = Savings (S) Now we are in […]
Money Education – Part 1 (Income and expenses)
So today were going to touch the basics that we needed to understand about money. Kind of like the rules of the game. Its always easier to play when you know the rules understand the rules and internalise the rules. The last bit of internalising the rules is kind of the missing link in today’s society.