Personal Finance

Are you ready to be successful in your own personal finance journey? Then read along. We have moved across continents, paid our way through graduate degrees, and successfully switched careers. At the same time, we have been working hard toward achieving our financial goals. We want to share some of the things that worked for us in making progress toward our financial goals, and things that didn’t, in the hope that it will help you do the same. Be frugal, save regularly, invest deliberately, and live consciously. Follow this mantra and you will be on the path of financial success in YOUR personal finance journey.

Stock Market Crashes and The 2020 Coronavirus-related crash

Stock Market Crashes and The 2020 Coronavirus-related crash

In light of the latest COVID-19 outbreak, and the recent oil price-war, the world is seeing another ongoing stock market crash that started in February of 2020. Many states (and some countries) have declared a state of emergency. Business has slowed down, many small businesses…

2019 – 2020 Federal tax brackets & Marginal tax rates

2019 – 2020 Federal tax brackets & Marginal tax rates

The United States federal tax laws follow a progressive tax system with 2019-2020 marginal tax rates varying from 10% to 37%. Ordinary income, dividends, interest and short-term capital gains are taxed at this ordinary income tax rate. The table below shows how each additional dollar…

How expensive a car can I afford

How expensive a car can I afford

A car is probably the first biggest purchase of your life and perhaps the second biggest in your lifetime. The biggest purchase being your house. So when you ask the question how much car can I afford, the purchase price of the car and the…

Compound interest calculator

Compound interest calculator

This compound interest calculator calculates interest and future value of your investments over a specified period. You will understand the power of compounding through saving using this calculator. If you invest your money for a fixed interest rate with a financial institution, and make regular…

Free Budget Template

Free Budget Template

Keep track of your income and expenses using our free budget template. It is super easy. Just enter your monthly income and expenditures in the table below and click Calculate! The calculator will give you a breakdown of what you spend on each item. Expand…

Debt Calculator

Debt Calculator

Are you burdened by a mountain of debt? Is it a constant struggle for you to be debt-free? Are you stressing over whether you will ever get out of your debt? Or perhaps, you are great at managing your debt but have a little extra…

How to become rich and stay rich

How to become rich and stay rich

Do you want to learn how to become rich and stay rich? Here’s a list of some of the biggest financial mistakes people make, leaving them poorer, less prepared for retirement or for unforeseen circumstances. If you want to be wealthy, and ready for any…

What are ETFs?

What are ETFs?

An ETF or an exchange traded fund is a collection of securities that trades on an exchange. Even though there are some similarities between ETFs and mutual funds, ETFs are a whole different category. ETFs were first introduced in the United States in 1993 and…

What are Mutual Funds

What are Mutual Funds

Mutual funds offer a way to invest in a bucket of stocks or bonds or other asset classes. And, if you are new to investing, mutual funds may be a better option to achieve diversification without investing in multiple individual stocks or bonds. Moreover, mutual…

Retirement Calculator

Retirement Calculator

Most people are underprepared for retirement. Many underestimate how much investment they would need to be able to live comfortably. How much do you think you’ll need to save to be able to retire and relax? Use this retirement calculator to see how much you…