Creating a personal budget is the first step towards achieving financial stability and meeting your financial goals. It allows you to get a clear picture of your income and expenses, identify areas where you can cut back, and allocate your money towards what matters most. However, creating a budget is only half the battle –… Continue reading How to create a personal budget and stick to it?
Why you should track your expenses?
Do you often find yourself running out of money in your bank account before the end of the month? Do you struggle to make ends meet even though you have a decent salary? The problem might lie in your spending habits, and the only way to address it is by tracking your expenses. Here’s why… Continue reading Why you should track your expenses?
How to select a money management app?
Money management apps have become increasingly popular in recent years, as they offer a convenient and easy way to track your spending, budget, and savings. However, with so many options available, it can be overwhelming to choose the right one for you. In this article, we’ll discuss some key factors to consider when selecting a… Continue reading How to select a money management app?
How Fintechs can survive during a recession?
Fintech companies have become an important part of the financial industry, providing innovative solutions for consumers and businesses. However, like any industry, fintech companies are not immune to economic downturns, such as a recession. To survive and even thrive during a recession, fintech companies can take certain steps to prepare and adapt. Diversify revenue streams: Having… Continue reading How Fintechs can survive during a recession?
How can Financial SMS data be used for Credit Risk Assessment?
Credit risk assessment is an essential process for financial institutions that need to determine an individual’s creditworthiness. This process involves evaluating the borrower’s ability to repay the loan and the likelihood of defaulting on it. There are many ways to use alternative credit assessment tools. One such key source of information for credit risk assessment… Continue reading How can Financial SMS data be used for Credit Risk Assessment?
Financial Growth: How to Build Wealth and Achieve Financial Freedom
Financial growth is a process of building wealth and achieving financial freedom over time. It requires discipline, patience, and a commitment to making smart financial decisions. In this article, we’ll explore some of the key principles of financial growth and provide tips for individuals who want to take control of their finances and achieve their… Continue reading Financial Growth: How to Build Wealth and Achieve Financial Freedom