As the new year comes with new surprises and excitement, it is easy to lose yourself in over-spending. This article will help you understand the need for a financial plan and ways to set one up. We all want to have good money management skills. This includes creating and sticking to a financial plan, whether …
UNRAVELLING THE MYSTERY OF NET WORTH
Over the years, a culture has been created around the net worth of celebrities and the elite in our society. The addition of new members to the Forbes list creates a lot of hype on social media. There have also been scandals involving celebrities falsifying their net worth. So, what really is net worth and …
SAFEGUARDING YOUR FINANCIAL INFORMATION
Identity theft involves the method of stealing a person’s personal or financial information by another person with the intention of making unauthorized transactions. This can be committed through fraudulently obtaining financial information such as their bank account number, debit and credit card PINs and/or bank verification number (BVN or Social Security Number, as known in …
PREPARING A FINANCIAL PLAN
A financial plan is a blueprint for effective money management. It gives a thorough picture of your current financial state, financial goals and plans to achieve these goals. Everyone needs to have one irrespective of their level of income, assets, or wealth. WHY DO YOU NEED A FINANCIAL PLAN? It gives broad information on income, …