Personal Development Blog

When people hear the word “finance” mentioned, their mind goes into business and corporate matters. However, the bare truth is that finances start at your piggy bank at home to your plastic money in the wallet to your bank account.
This is what personal finance is all about. You should be a manager of your own finances, or else you will end up in disaster sooner or later. Finance experts say that if you cannot save at least ten percent of what you are earning, then you are in financial disaster. This means that out of ten thousand dollars, a thousand should go into the savings account. This rule applies regardless of how much money you are earning, and it does not apply to the rich and wealthy, as many people think.
Personal finance management cannot be done verbally, and therefore there is need to write down the plan so that it will be easy to implement it. It is natural for human beings to forget that they swore never to overspend especially when they are looking at an item that is …

Most people have issues with their personal finances, and they have never come to a point where they have full control over their personal finances. Most people think that management of personal finances will only be possible when they start making millions of dollars every month. However, this is not true. This assumption usually makes people reluctant to take control of their money and they end up in financial crisis.
Others think that taking steps to manage personal finances is a harsh and exaggerated, and they just live each day as it comes. Others live with the dream of becoming financially free one day and they therefore see no need to bother planning for the few peanuts they presently have. This is a very wrong perception, and it is imp0ortant that you take charge of your personal finances.
One simple tip is to make good use of free samples. Why should you buy something when you can get a smaller version of it for free? It sounds funny, but it helps. Also, be a good steward of …

Financial management of your personal finances is one of the hardest things you may have to do in your life. It is very hard to know whether or not you manage your personal finances well, unless you ask yourself some questions.
First and foremost, you need to ask yourself is, “how well can you manage without using your credit card?” If you are very dependent on the credit card that you cannot do without it for the month, then your personal finance management has not yet grown to maturity. Doing without your credit card is not something you will learn to do overnight; it needs a lot of patience and sacrifice to break from such a habit. You first need to gradually but steadily pay off all the pending debts in your credit cards. This will call for debt consolidation so that the interest rates you pay will lower.
Secondly, the best indicator of how will or badly you manage your finances is your savings account. How much savings do you have? Over what period of time have you made these savi…

You may be in need of some extra cash so that you can accomplish something, say renovating your home, clearing debts or for a certain business deal. You may find that the money you have with you or in the bank is not enough to fully meet the need. Therefore, you may have the need for personal finance.
The reason why it is known as personal finance is because this is money needed to meet some needs that are somewhat personal in nature as opposed to the other needs like buying a house, purchasing a score of land or setting up a business. There are many personal finance schemes available in the market, but you need to know how to get the best personal finance scheme that will work for you and that will come with the best rates and terms.
There are many personal finance schemes out there that are cheap. They come in many shapes, but the most common one is the secured one. In this you give collateral as you take the cash. Personal finance schemes that are secured with collateral are the bes…

The health of a human being is very crucial, and billions of dollars are spent every year to ensure that the people are healthy. Healthy people are more productive, and a healthy nation is automatically a wealthy one. However, all this money does not need to be spent on health when there are so many other means that do not need even a dime to be effective. Meditation is one of those. However, I must say that people are becoming more and more aware of meditation, and it is becoming more acceptable across the world.
Meditation causes various changes in the different parts of the brain, and these changes bring positive effects on the body tissues and organs. The sphere in the brain that enables one to reason and analyze issues usually pauses and rests when it is time for meditation. This, in turn, makes less adrenaline to be released into the blood, and all the organs become relaxed and they naturally heal from the effects of too much adrenaline. Also, the right signals are sent to the or…