Principles of Personal Finance

There is never enough money and it does not depend on level of income. There are always skin-deep desires and it feels like making them come true right away. Oftentimes, those are some little things, which cost a fortune. It hurts that being unable to save, we cannot make our dreams come true and they are of more importance than whims. This is why it is important to plan one`s budget and it does not matter whether you live on your own or have a family you live with. The most important thing to know is that economy is equal ranking to greed. It helps to manage expenses and even increase your income. Continue reading

5 Tricks for Early Retirement

While there are a lot of people dedicating their entire lives to their careers, what good is making six figures salary if you don’t have the time to spend it? The answer is simple; you save it for your retirement. Unfortunately, when this day finally arrives, things may not be the way you imagined they would. After years of work, work and nothing but work, you may find yourself in a position where you simply don’t know how to spend your free time. Furthermore, seeing how the social security retirement age moves upwards, you may not reach it until you are almost 70. This is why the only sensible thing to do is to plan an early retirement. Here are five tricks that may help you get there. Continue reading