PERSONAL FINANCE BASICS: LEARN HOW TO START MANAGING  YOUR MONEY

Have you wondered, “what is personal finance all about?”

Personal finance is a complicated topic. There are so many things to consider when you’re trying to create and stick with a plan that works for your goals and lifestyle.

Personal Finance is simply the art of managing our money.

What Is Personal Finance?

Create An Emergency Fund

A good rule of thumb is three months’ worth of income saved up if something unexpected happens, like job loss or a medical emergency.

Understand  Your Budget

Budgeting is one of the most important things we can do for our finances. A budget is crucial for living efficiently and saving money to achieve your set achievements.

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Credit card debt is usually the highest interest debt, and it is best to avoid it.

Avoid  High-Interest Debt

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