My Financial Thoughts

Christmas is over and we are now looking forward to the New Year. And for each New Year, we are asked – What is(are) your New Year resolution(s)?
I am one of those people who start off the year with a list of resolutions … and then, to my dismay, did not do anything about it when [...]

First of all, I do not claim that all my finances are under control. At certain times, it can get wild and it can get out of hand. What I have noticed though, is that as I become more aware of my financial situation, I begin to have a better control over it.
Some years ago, [...]

In this month’s Personal Money, there was an interesting article which asks the above question, especially when we near the end of the year and bonus is in view.
There were some ideas in there, among others:
1) Create an emergency fund – typically 3-6 months of your monthly expenses if you are employed.
This is something which [...]