Tag: economy

A Budget is a Plan for Your Future

Making and living after a budget is one of the most basic and fundamentals tools to achieve financial success. The usual way is to look at the cash flow, deduct fixed expenses and distribute the rest. But how much should…

The Total Value of Your Stock Portfolio is Irrelevant

… and why you shouldn’t stress out if it drops As an investor we like to check how our portfolio is doing by comparing the value growth to some index or checking the absolute growth. We smile when our rate…

Personal Budgeting and Financial Goals for 2015

Ever since I was finished with my college degree and started working I’ve used a quite strict personal budgeting system with a long term saving component. The ultimate goal with the long term savings is to provide financial independence from…