Category: Personal Finance
Personal finance is all about your money, the management, and planning of your budget, incomes, savings, investments over time. There are different ways to define personal finance and many lists describing its branches. But basically, we want to earn money and let our wealth grow. Also, personal finance teaches us how to avoid losses and traps, overpriced investments, products, and services.
How Is This Massive Negative Real Interest Rate Possible? – Chart of the Day
Negative interest rates and negative real interest rates may stay with us for a long time. Central banks and other…
Still Scary Coronavirus Statistics by Country – Chart of the Day
The coronavirus statistics are recovering globally only very slowly. In some countries, the epidemic is just beginning. I will teach…
Weakest Currencies in 2020 and Severe Consequences to Expect – Chart of the Day
Countries that are heavily exposed to the crisis have devalued their currencies in 2020 by as much as 10 to…
Are We Facing Epic Inflation, Horrific Real Interest, and Brutal Gold Price Explosion?
Inflation can explode and real interests fall further with the crisis. But in the short and middle term, also deflation…
9 Essential Ways to Prevent Investment Scam
Learn how to recognize and prevent investment scam. Avoid losing all your money. It is more important than some percent…
6 Effective and Proven Ways to Lose Your Money
Introduction People make a lot of financial errors but some are ultra dangerous. Remember: You can lose all your money….
How Works Compound Interest? Learn the Secrets of the Dark Side
The compound interest has little effect in short term or by lower interest rates. But compound interest can make you…
Eight Ways How Inflation Threatens Your Income, and 13 Ways to Fight It
Summary Inflation is almost always bad for you. The danger is huge. Worldwide, important central banks are trying to inflate…
Which Is Your Best Source of Money? Investing, Saving or Earning?
Summary Which Is Your Best Source of Money? Not always what you think. You should maximize your income and minimize…
Is It Only a Myth? – the Genuine Truth About Passive Income
Summary Every business or investment requires continuous attention or improvement. Therefore the truth about passive income is: without work it…
Do You Want To Be Special? Or Be Forgotten?
Summary The rule of the 10,000 hours says: Practice a lot whatever your most important ability is. Years, if it…
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