Personal Finance 101
written by Patricia - 1 month agoManaging personal finances is a life skill that impacts long-term stability and growth.
Start by budgeting income and expenses. Track where your money goes to identify areas for improvement.
Build an emergency fund to cover unexpected costs. Aim for 3–6 months of living expenses.
Debt management is crucial. Prioritize paying off high-interest debts first.
Invest wisely to grow wealth. Diversify assets and understand risk tolerance.
Regularly review financial goals and adjust strategies to maintain control over finances.
