7 Ways to easily multiply your income in 2021

Posted by & filed under Intro to Personal Finance (Grable & Palmer), Personal Finance.

This 10:17 second video highlights 3 steps, taking the time and money to upskill oneself, monetize the return on investment, and leverage technology to increase passive income. The video also mentions 7 ventures that people can undertake now in order to start a passive income stream. This video particularly ties in well with chapter 3… Read more »

Evaluating Your Personal Financial Statement

Posted by & filed under Intro to Personal Finance (Grable & Palmer), Personal Finance.

Are Corporations the only entities that benefit from financial statements or individuals can also assess their financial health with these statements? This is the question that this article addresses. The article also goes on to explain the key concepts such as inflow, outflow, net flow, assets, liabilities, and net worth. Just like stakeholders in a… Read more »

Pros And Cons of Online Banks

Posted by & filed under Personal Finance, Personal Finance 2e (Vickie Bajtelsmit).

With the growth in ecommerce, it is no wonder that there has been a growth in online banking as well. But what makes for a good online bank, and is it for everyone? This article covers the pros and cons of online banking. https://www.thebalance.com/pros-and-cons-of-online-banks-1289898   The main benefit of online banking is Convenience High interest… Read more »