Financewise

Do you have a standard, a minimum return on investment you expect from each asset class? Portfolio restructure may require that we sell low yielding assets and buy more profitable ones. Of course, before every fresh investment, we must do a…

Many of us are just trying to get things back in order after the effects of COVID lockdown on our finances. Some are blessed and were able to go through the lockdown with little or no financial losses. Some others got into financial…

Over the past several weeks, we have discussed the fundamentals of financial planning and wealth creation. All those principles would be ineffective if we have self-sabotaging habits that would limit their efficacy in our experience. So,…

In this last article in our Back to Basics series, we are discussing the various sub-plans that we must develop as we plan our financial future. These sub-plans mirror various aspects/ areas of our lives and should be carefully planned for,…

The concept of multiple streams of income is fundamental to wealth building and management, and we must understand this concept not only for the achievement of our financial goals but also because, a lack of understanding of it can lead to…

Following the discussions in the last two articles, we come to the probably the most important factor in achieving our financial goals – financial discipline. No matter how lofty our goals are or how well thought out our plans, if we do not…

Following the discussions in the last two articles, we come to probably the most important factor in achieving our financial goals – financial discipline. No matter how lofty our goals are or how well thought out our plans, if we do not…

Financial planning is a basic foundation of personal finance management (PFM). This topic is in continuation of last week’s discussion – Back to Basics. Many of already have our financial plans which we have repeatedly said in this column…

Financial planning is a basic foundation of personal finance management (PFM). This topic is in continuation of last week’s discussion – Back to Basics. Many of already have our financial plans which we have repeatedly said in this column…

Financial planning is a basic foundation of personal finance management (PFM). This topic is in continuation of last week’s discussion – Back to Basics. Many of already have our financial plans which we have repeatedly said in this column…