This might be unfamiliar to many people, but this rule is a good way to think of the money you get in. Budgets are very important and will help you to manage your money every month. The 80/10/10 principle makes this easy. What is the 80/10/10 budget? It is a simple way of thinking and […]
How to start a Savings Club in your village
Any type of social club involving money is a risky proposition for you, especially in today’s volatile economy. Your club membership morally and legally obligates you to commit a certain amount of money for a year or longer toward the group’s purpose. Friendships and families can become divided over disputes about money. And the more […]
2 key ways to get out of bad debt
I’ve just read the blog post on www.thesimpledollar.com on how to get out of debt….and while I agree with many of their points, most don’t apply if you are really poor and don’t even have a credit card and you never had a bank account. There are a few points though I strongly agree with: […]