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Showing posts from May, 2020

5 Simple Steps to prepare your own personal budget

Money saved is money earned   We have read this quote innumerable times and even tried to incorporate it in our lives. We very well understand the importance of saving money and the same has become even more relevant in current Covid-19 situation. But despite of that, many of us fail to actually save money and continue to live on paycheck to paycheck basis.  The root cause of the same is we fail to track and control our money. Our money related decisions are usually impulsive in nature, rather than being proactive. As a result many of us might end up staring at completely depleted bank accounts at month end. However, we know that this must stopped, but how?