Do you know how much you need during your retirement years in order to have a dignified life? Before you can answer that, there are several other questions you need to address first. Let us explore. To know how much you need during your retirement years, you need to know how long you expect to … Continue reading Will You Outlive Your Retirement Fund?
Apart from cash flow statement, net worth is an important benchmark in gauging your financial situation. It gives you a reference point for measuring progress toward your financial goals. Net worth is the value of the assets minus the liabilities. Net Worth = Assets – Debts Determining your net worth is a fairly easy task. You list and … Continue reading What is Your Net Worth?
Many troubles in life can be attributed to not being prepared. A brief glimpse to history provides ample proof of this. And looking through the same history books, one will notice that victory doesn’t belong to the strongest, or the smartest or the biggest. It always belongs to the most prepared. Success always favours those … Continue reading Personal Cash Flow.