FAQ Category: Financial Tips

What are the characteristics of a poor man? 0

What are the characteristics of a poor man?

The characteristics of  poor men include: They don’t wish to have a good life. They lack motivation and hesitate to take initiative. They make decisions influenced by others and depend on other’s assistance. They...

What are the psychological effects of poverty? 0

What are the psychological effects of poverty?

It has been proven through studies that poorer people have higher stress levels which leads them to depression. And that depression affects human efficiency and productivity.

What are the 5 drawbacks of a poverty mindset? 0

What are the 5 drawbacks of a poverty mindset?

The 5 drawbacks of a poverty mentality are: You think you’re a victim of decisions and choices that others make. You fear spending money on things that are non-essential. You are all the time...

What is the 50 20 30 budget rule? 0

What is the 50 20 30 budget rule?

50-20-30 rule is a famous technique for money management. According to which you need to divide your income into three portions which are as follows: 50% of your salary goes to essentials like bills, rents, etc. You...

What are the top 10 financial tips? 0

What are the top 10 financial tips?

Following are the Top 10 financial tips: Know Your Worth and Spend Less Than You Earn Stick to a Budget Pay off Credit Card Debt Contribute to a Retirement Plan Have a Savings Plan...