Category: Financial Literacy

In today’s complex financial landscape, understanding key financial terms is essential for making informed decisions about your money. Whether you’re managing personal finances, investing, or planning for the future, being financially literate can empower you to achieve financial stability and growth.

By dividing your after-tax income into three categories: 50% for needs, 30% for wants, and 20% for savings and investments, this strategy simplifies financial planning and encourages a balanced approach to managing money.

The Rule of 72 is a simple yet profound formula used by investors and savers to estimate the years required to double the investment at a given annual fixed interest rate.

In the pursuit of well-being, we often hear about the significance of maintaining physical and mental health. Regular exercise, a balanced diet, adequate sleep, and mindfulness practices are all commonly recommended for a healthy lifestyle.