personal finance

Debt is a common issue that affects many individuals and families worldwide. It can be stressful and overwhelming, especially if you have multiple types of debt, such as credit cards, student loans, and mortgages. However, with the right strategies, it’s possible to manage and pay off debt successfully. In this article, we will discuss various debt management strategies that can help you get...

I just received my credit card statement. There are a lot of credit card terms like statement date, payment due date, minimum payment, and credit limit. So today, we're going to unpack what are the terms and  jargons related to the credit card. You can also watch the full video below. https://youtu.be/2_cFzxSiNR8 Credit Limit It refers to the maximum amount of money that a bank allows you...

This was the same question I asked myself before even applying for a credit card. The thought of spending on borrowed money is exciting, but it's also good to understand the whys and motives behind it. Before applying for a credit card, I think we need to ask ourselves, why do we need a credit card and what are the requirements? Annual Income Firstly, what is our annual income? According to Bank...