Financial Independence

A back-up plan always acts as a safety net one can fall on if the initial plan doesn’t pan out the way it was supposed to. Emergency Funds are no...

Why you need budgeting? Individuals new to budgeting may find it overwhelming to figure out how to manage their own money on a monthly basis. Budgeting refers to the creation...

DTI, or the debt-to-income ratio, refers to a personal finance measure. This ratio compares the debt payments you pay every month to your monthly gross income. Your gross income represents...

Financial independence is a situation where your assets, which you have created during your life, generate regular so-called passive income, which will cover your costs. So you have enough money...