Our Financial Path.

Live a Better Life with Knowledge and Financial Independence

Month: March 2016

Boss Around your Finances

Living below your means is the key to financial independence. Whether you have debts you are trying to pay off or you are in the accumulation phase of great wealth, you always need to earn more than what you spend. If you earn less than you spend, you will fall into an ever increasing amount of debt. With a good budget and proper planning, anyone can succeed.
 Read the rest.

Finding your Perfect Budget

For most people, starting a budget can be hard and even harder to follow through. I think that a simple personal budget is always better than no planning at all and can drastically help your savings in the long term. Finding your own way is the first step to a clear and sound financial path.

 

 

Keep it simple

Most budgets include too many things to follow or are simply too tedious to maintain.
 Read the rest.

My First Step to Financial Freedom

If you are like me and you want to achieve financial independence, you need to know where your money is going and you need to know how you are investing your hard earned dollars. I suggest you use the best online tool available today and sign-up for free with Personal Capital. Their free tools aggregate all your accounts in one spot and will help you optimize your spending and investing.
 Read the rest.

Should you Invest in Lump Sums?

To clarify before we start, dollar-cost averaging (or DCA) refers to periodic investments regardless of the share price, whereas lump sum investing refers to investing in one single purchase. In other terms, DCA is when you have a sum to invest but wait a certain time frame to invest in multiple smaller purchases rather than investing as soon as you can.
 Read the rest.

© 2017 Our Financial Path.

Theme by Anders NorenUp ↑