Category Archives: Personal Finance

Personal Finance : Tips from Billionaires

Many people instinctively roll their eyes at the thought of getting personal finance tips from rich people. After all, advice like “Buy topaz dog collars instead of diamond ones” doesn’t exactly resonate with someone who has to stretch every paycheck to make ends meet. But there are some solid tips from very wealthy people that make sense regardless of your financial situation. Here are some perso READ MORE ...

Personal Financial : Eight Financial Tips For Young Adults

Unfortunately, personal finance has not yet become a required subject in high school or college, so you might be fairly clueless about how to manage your money when you’re out in the real world for the first time. To help you get started, we’ll take a look at eight of the most important things to understand about money if you want to live a comfortable and prosperous life. Learn Self Control If youR READ MORE ...

Personal Finance : Personal Tax Planning Tips

Tax is a necessary burden – one we probably all wish we can avoid. But since we can’t, the least we can do is to minimise your tax bill by taking advantage of available reliefs and allowances. First, a word on the difference between tax planning and tax avoidance. Tax planning is a legal process whereby we can minimise your tax liability by making use of tax reliefs available to us. Tax avoidance or evasion is READ MORE ...

Personal Finance : Ten Tips for Staying on Budget

ou have a big expense coming up. You need a better car, or a bigger home, or you w­ant to go back to college. What do you do? Borrow, borrow, borrow — right? Well, maybe not. ­If you’ve created a budget, you know exactly how much money you have coming in, and how much is going out. You can make some plans concerning that big expense. But if you don’t have a budget plan, you probably don’t READ MORE ...

Personal Planning : Personal Emergency Planning Business Continuity Tips for Employees

As hedge funds, private equity firms and other financial services organizations work diligently to develop and maintain organizational business continuity plans, an item often lost in consideration is employee personal planning. While firms should focus on how their businesses will recover from a disaster scenario or disruption, it’s also helpful to be proactive in addressing how employees can recover from these READ MORE ...

Personal Planning : TE Tips Personal Planning

Personal Planning This week on TE Tips we continue with our series on planning as we discuss personal planning. Many people regard personal satisfaction to be one of the great priorities in their life, yet they spend little time planning how to achieve it.  Personal planning is an excellent way to develop the kind of life that you want to lead. Personal planning goals may vary from attaining good physical and men READ MORE ...

Personal Finance : Ten Financial Lessons for a Richer Life

Let’s face it, personal finance isn’t nuclear physics. The basics are so simple that anyone can get the concepts down in less than a day — spend less than you earn, save and invest the rest. Knowing what should be done and actually doing it, however, are two different things. Most people realize that spending more money than they have is a bad, bad thing. That still doesn’t keep millions of READ MORE ...

Personal Finance : Ten Traits That Make You Filthy-Rich

Saving money isn’t all about whether or not you know how to score screaming bargains. It has more to do with your attitude toward money. Just think of those who don’t fit the filthy-rich stereotype. People like Warren Buffett. As explained in the book The Millionaire Next Door by Thomas J. Stanley and William D. Danko, personal finance has as much to do with people’s traits as it does with money. READ MORE ...

Personal Finance : Ten Commandments of Personal Finance

For some people, getting personal finances in order is more grueling than wandering the desert for 40 years. But it doesn’t take a miracle. If you are looking for some basic guidelines, just follow these 10 commandments: 10. Thou Shalt Take Action Reading about how to improve your personal finances is a start, but it has absolutely no meaning if you don’t take the action of putting what you learn into READ MORE ...

Personal Finance : Personal Tax Planning – Ten pre tax year end tips

Christmas may be past but another important date is fast approaching – the end of the tax year (5 April 2015). We have noted below 10 planning tips that need action by 5 April 2015, that may help reduce your tax burden for this tax year. Please note that this is not an exhaustive or detailed list, merely a sample of matters that you should consider. Use your ISA allowance ISA’s provide a tax free environment f READ MORE ...