Category Archives: Finance Tips

Emergency Funds and Its Levels

For many years, from the time I have heard about emergency funds. Then, I thought there was the only one which is a basic level of Emergency Fund. While talking to one of the other financial counselors, I realized there are actually many such levels.

Before we move directly to the levels of these funds. Let’s discuss a bit about how and why to build an emergency. As the name suggests, it’s a fund accumulated to help you fight against financial emergencies. A single unexpected situation like hospitalization or divorce can sweep your years of effort to maintain the credit score. And then, you would definitely agree with me if I say these emergencies are unavoidable and come in every individual’s life. Continue reading

Few Practical Personal Finance Tips

Managing your money is one of the most important aspects of our lives. We all worry about it all the time. Yet, most of us don’t bother to take care of your personal finance appropriately. We look at out credit score once a year and ponder on how it went so low. Yet, on the next day we start squandering and borrowing money.

We all know emergencies are inevitable and we would need money for such situations. But we don’t save even a dollar for our own financial back up. We keep delaying it. And one day you wake up to realize it’s too late. Continue reading

Find Best Interest Rates on Savings Accounts

It is not much difficult to find the best interest rates on savings accounts these days, as you can avail most of the required information on the web quite effortlessly. So, by investing a few minutes and a bit of your energy, you can earn almost twice the interest rates you are earning now on your savings account. Continue reading