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[1/4] Personal Finance is a very crucial concept that is often ignored. This is an attempt to spread awareness related to personal finance.

Personal finance- Part 1 Wealth Creation

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Personal Finance: Wealth Creation

Savings = Income - Expenditure, i.e. increase your income & decrease your expenditure to increase savings.

Follow budgeting principle:  

  • Needs: 50% of Total Income,
  • Wants: 30% of Total Income,
  • Savings: 20% of Total Income.

Smart ways to save more:

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WARREN BUFFETT

"Do not save what is left after spending, rather spend what is left after saving."

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