Learn The Very Basics To Get Your Financial Improvement
This is the beginner section, please start here if you have no idea at all or if you are interested in really learning about your financial improvement from scratch on.
The First Lecture: The Financial Ladder
This online course about your financial improvement starts with the explanation of the so called financial ladder. You can find the very first lecture right here.
If you follow the articles for every single step of the ladder, from the beginning to the very end, you will have a very basic idea of how to improve your personal financial situation. Of course, some topics might be more complicated than others, but I will explain everything detailed enough for the average citizen, not making it overcomplicated as if you all would be professional trader.
Checking and Savings Account – How to Save Money
If you are looking for an explanation how to set up your checking and savings account to get your hard earned money to its save haven, read this article about saving money. If you have not yet saved some money and are looking for ideas on how to accumulate some more money, here are some smart ideas to save money. Finally if you are unhappy with the return on your savings, try this article here about enhancing returns.
The Different Investments Have Their Own Segment
As there are hundreds and thousands of different ways to invest your money, there is an extra section that will focus specific on certain products or investment ideas. Investment could be your new solar power plant on the roof, it yould be buying shares once or it can be to monthly pay into an ETF. All these examples are investments and I will try to cover different forms of investments, starting with the most common and important ones. Here is a comprehensive explanation about the different forms of investments that are most common and here is an explanation answering the question: what are etfs?.
Articles About Each Step On The Ladder
Here cou can find all the articles about the specific steps on the financial ladder. If you have seen the first Lecture “The Financial Ladder” you should now know where you are on that ladder, so you can choose the specific step to get your financial improvements going.
The Financial Ladder - Today we are trying to find out about your personal financial situation and how to set a realistic goal on the financial ladder!
Situation Unknown: Financial Overview - In order to make any financial decision, it is absolutely vital to have a complete financial overview and gain some financial education.
Step One: Unable To Pay Your Debts - You are on step one if your income is lower than your expenses and you are in debts. This means, that you cannot pay your debts!
Step Two: Paying Back Your Debts - Having some income and paying back your debts will give you the choice, which credits you should pay back first and why!
Step Three: Start Saving Money - Start saving money and set up your financial tools for successfully organicing your funds, before investing your money.
Step Four: Start Investing? - The question of when to start investing is as crucial as how to begin. Ideally, start as soon as possible to allow your money ample time to accumulate interest. It’s … Read More
Step Five: The First Investment - So How To Start Your First Investment? Once you’ve fortified your savings accounts and established a safety net for emergencies (as discussed in step four), it’s time to delve into … Read More
Step Six: Passive Income - Once you’ve taken the first step into the world of investments, the next logical goal is to maximize your passive income. Passive income provides a steady stream of earnings with … Read More
Step Seven: Achieve Financial Independence - Managing a portfolio with the goal of achieving financial independence and not having to work anymore involves a combination of prudent investment strategies, risk management, and ongoing financial planning. If … Read More
Step Eigth: Topping The Financial Ladder - Reaching the very top of the financial ladder is something, that not a lot of people achieve, especially not at a young age. Now you should try to stay financially … Read More