How to Plan for Multiple Income Streams
These days, a lot of people are juggling several income streams, and why not? For many of us, relying on just one salary simply isn’t enough, especially when you're a…
Understanding the 50/30/20 Rule in Financial Planning
These days it seems to be getting harder and harder to manage finances with the rising cost of living. To save money, one needs to live within their means. It’s…
8 Key Tips to Speed Up Your Wealth Creation
To be free of any financial troubles is a dream shared by many. To realise this dream, however, you need a solid plan for creating and managing wealth. Let’s understand…
Standalone vs Consolidated Financial Statements: Key Differences and Benefits
Before investing in stocks, it’s important for every investor to do their homework. A key part of this research is looking at a company’s standalone and consolidated financial statements. These…
Understanding the Cashflow Quadrant: A Pathway to Financial Freedom
Introduction The concept of the Cashflow Quadrant was popularized by Robert Kiyosaki in his book "Rich Dad's Cashflow Quadrant." It is a powerful concept that categorizes the different ways people…
Strategic Financial Management: Definition, Benefits, and More
For every business, success depends not just on handling immediate challenges in strategic financial management, but also on having a clear long-term vision. Strategic financial management is the key to…