Saagar Gupta | Blog
This blog/website is only made available for educational purposes. It is designed to give visitors general information and a general understanding of select financial topics. It is not intended to provide specific financial or investment advice. Conduct your own due diligence or consult a licensed financial advisor/broker before making any and all financial/investment decisions.
Everyone dreams about becoming financially stable. More than that, many hope to take their wealth past the point of being considered stable and into wealth. There are many different ways of doing this, as with anything in life. People can become wealthy by following...
People can plan for retirement by following this guide. Think about lifestyle preferences Young professionals currently working must think about the type of lifestyle they want to have during their golden years. Do they want to stop working entirely and simply go to...
The advancement of technology has made many things simpler, even in the banking world, that is true. It’s easier than ever to access banking and financial records, digitally paying a bill, or even write a check. All of that convenience comes with a price. Identity...
It’s hard to say no to loaning money when a friend or family member has fallen on hard times. Finances are a sensitive subject to approach with someone you care about, and you must protect yourself by lending carefully. The following is a list of do’s and don’ts to ensure that you don’t regret extending a helping hand when friends or family need money.
Making money and maintaining financial independence is a touchy subject, but it is a skill that can be learned. It is a significant source of stress for many individuals all over the world because many people do not want to share their secrets. Some individuals have become self-made millionaires because of raw talent, and some manage because of sheer luck. Some of the tips are discussed below.
Millennials face a more challenging financial situation than previous generations. Wage growth has been sluggish, owning a home has become more expensive, and many millennials are weighed down by student debt. But there are steps that millennials can take to maximize their money. Here is a guide to budgeting as a millennial.
When it comes to obtaining financial independence and having the possibility of retiring early, it’s necessary to build up a hefty level of savings. This is harder than it sounds because it requires frugality and discipline. For many Americans, it is a challenge to make the necessary sacrifices. For others, it’s merely unattainable at their level of income.
Financial independence is empowering because it gives people the freedom to make their own choices in their lives. Without financial liberty, a person can only go as far as their monetary constraints. There are, however, good habits to employ that will help achieve long-term financial independence.
Bankruptcy is a situation that all people try to avoid. One reason is the fear of never being approved for financing again, such as with mortgages or auto loans. While it may be true that it takes a long time to bounce back, it’s far from impossible. If you have declared bankruptcy and are looking to regain your financial footing, you will need a plan to build your financial situation back up.
Even though money management is an important part of life, it’s common for teenagers to enter adulthood without ever learning how to set a budget for themselves. Even children who receive allowances or work after school jobs can be unaware of ways to procure long-term financial health. In an ideal world, there would be classes starting at a young age teaching financial literacy, but these services aren’t always available, leaving the task to the parents to have these much-needed conversations. Here are a few lessons that every adult should have a firm grasp on regarding money matters.