15 September 2022
By : Quick Insurance Guru
Credit : Unsplash
Credit : Unsplash
Credit : Unsplash
Credit : Unsplash
Credit : Unsplash
Income is the starting point of personal finance. It is the entire amount of cash inflow then are to expenses, savings, investments, and protection.
Credit : Unsplash
Savings is the income left over after spending. Everyone should aim for having savings, which means not using all income towards spending.
Credit : Unsplash
Investing is the purchase of assets, usually stocks and bonds, to earn a return on the money invested.
Credit : Unsplash
Protection refers to the methods that people take to protect themselves from unexpected events, such as illnesses or accidents, as well as wealth
Credit : Unsplash