Why Personal Finance is Important?
Are you a beginner in Personal Finance ? And thinking about how you can manage your money so you don't have to worry about your retirement? Then you don't have to worry, because in this blog you will learn all the basic knowledge of what personal finance is actually. So sit tight and read the full blog . 1. Savings Account Don't keep your money in your savings account, yes it's right if you keep your money in your savings account, you're already losing your money by 2-3 percent every year , and all thanks to our best friend "Inflation" . Because a savings account just gives you around 3-4 percent and inflation is around 6-7 percent, so you can see now what you're losing, right? 2. Increase your income If you don't want to be haunted by inflation then what you can do is you can increase your income. There are two types of income: 1) Active Income 2) Passive Income Wait wait!! If you're listening to these terms for the first time and thin...