Personal Finance

Your Concise Guide To Cryptocurrency Terms

DEFINING CRYPTOCURRENCY The cryptocurrency is a virtual or digital currency that is secured by cryptography, which makes it nearly impossible to double-spend or counterfeit. Many cryptocurrencies are decentralized networks based on blockchain technology. This technology consists of a distributed ledger enforced by a disparate network of computers. A distinct feature of cryptocurrencies is that they are generally not issued by any central authority. Thus, these are theoretically immune to government manipulation or interference. 1. ADDRESS Cryptocurrency coins are identified on

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Personal Finance

3 Top-Rated Budgeting Apps For Android Users

Whether you are managing a business or managing your own finances, saving money can be challenging. Saving money entails that you spend within your means and eliminate unnecessary expenses. Having more money saved up can help you achieve your long-term goals. Start by downloading these free Android-friendly budgeting apps. #1: YOU NEED A BUDGET HIGHLIGHTS a. Easily connects all your accounts in one place b. Offers real-time updates c. Creates an easy-to-visualize plan to help you get out of debt

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Credit & Loan

Personal Debt Among Young Singaporeans Soars During Pandemic

Personal debt among young Singaporeans have been rising during the COVID-19 pandemic and the situation could turn sour once the interest rates start to rise. Recent Credit Bureau Singapore data showed that people in their twenties have been taking on increasing amounts of other debt since the second quarter of 2020. The data manifested that the average personal loans and overdraft balances for those under 30 elevated by about 23% in the first quarter of this year over the last

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Personal Finance

Your Ultimate Guide To Financial Literacy: What It Is & How To Improve It

DEFINITION Financial literacy is the ability to understand and efficiently use various financial skills including financial management, investing, and budgeting. Financially literate consumers not only manage their money with confidence, but also have a better chance of handling the inevitable ups and downs of their financial lives. It is the foundation of your relationship with money, which enables you to create a lifelong journey of learning. It will help you understand how to prevent and manage financial issues as they

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Personal Finance

How To Manage Your Money In Your 30s

As you enter your thirties, your focus is geared towards saving money and meeting your financial obligations. This is the time to figure out the future you want to have to lay its groundwork. On that note, let this article give you an idea on some of the financial goals that you need to set when you are in your 30s. #1: REVISIT YOUR BUDGET Are you still following the same budget you set in your 20s? If so, it

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