Financial Literacy 5 Key Components and Best Practices

With those out of our way, we can begin to look at what financial literacy really is, and how to actually develop one personally. According to Wikipedia, Financial literacy is the possession of the set of skills and knowledge that allows an individual to make informed and effective decisions with all of their financial resources. To consider yourself as financially…

Financial Planning Tips to Be 5&6 With Money

Mastering personal the financial planning tips is not something that can be done overnight, nonetheless, it’s not rocket science and anybody can master it in a matter of time. It is a journey. One filled with a lot of little steps before you can wake up one morning, confident that your money is under control. Not to scare you, that…

How is the Payment of Gratuity Act 1972 Calculated

On 21 August 1972, a bill was passed in the Indian parliament for the regulations of wages. This bill “payment of gratuity” was passed keeping in mind, loyal employees who had been rendering services to the same employer for a longer period of time. The main principle behind passing the bill was to monetarily help employees who are retiring or…

How to Write a Resignation Letter and its Importance

Are you thinking of quitting your job? Whenever possible, it is almost always best to resign in person, and then follow up with an official resignation letter for your employment file. People quit their jobs for a wide array of explanations. While each situation is unique, most of the reasons why folks quit their job are something which might have…

Budgeting Tips in Your 20s, Why and How to Get Started

Congratulations on graduating from school or landing your new job, it’s goodbye to being broke, and welcome to the world of financial independence. Now you can make and spend your money anyhow you want on whatever you want. But with this new level comes a more serious question. How much should I actually be spending? Am I overspending? Why do…