Your net worth is the difference between your assets and your debt, it is the big picture number that can tell you where you stand financially. Keep an eye on it, and it can help keep you apprised of the progress you're making toward your financial goals-or warn you if you're backsliding.
I recommend the 22seven Budgeting and Investing App to keep track of your finances.
The bigger picture?
Finance can seem like an intimidating topic reserved for the JSE elite. However, the average investor can often outperform industry insiders by taking a common sense approach. There are three essential activities the average investor must master to implement an effective personal finance regimen:
Following is a brief investigation of each component as well as helpful tools to assist in developing your own program.
The first component of a common sense personal finance program is budgeting, which involves the identification of goals, income streams, and expenses.
An extremely helpful website that can assist you in developing a practical budget is Platinum Wealth.
I have created a budgeting spreadsheet that you can download and use in your computer (use the transactions sheet to update vallues) My Budget Sheet
After developing a budget which includes an emergency fund, it is important that you find a safe, accessible vehicle for your short term savings. Below are some semi-liquid products that you should consider using:
Flexible savings account
High Yield Savings Accounts (Fixed)
Government Retail Bonds
For longer term and retirement goals, it is critical that you diversify your investments. Based on your goals, you can select products to meet your desired levels of risk and return. Below are some vehicles you can use to meet your investment needs:
This information is purely educational - if you are unsure, seek help from a professional.
Investments in the stock market may fall as well as rise and are not appropriate for investing for the short term. You may get back less than you invested. All investment carries risk and it is important you fully understand these risks and are willing to accept them. Past performance should not be seen as an indicator for future performance.
Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world. The company is very dedicated to making the exchange the premier source for trading, there are many trading events all the time, and coin approval doesn’t come without solid review. This allows for an exchange where every coin on it is considered to some degree legitimate. Binance actually understands the mindset and ethos of the crypto-community and the mantra of decentralization, it’s no wonder that they have the highest trading volume in the world while being a relatively new exchange.Read The Article
I know this review is long, but I wanted to include all the details to help you decide. This smart security camera from Xiaomi had so much going for it, I still believe there a route for Xiaomi to redeem themselves and make this camera available to its full potential by issuing a firmware update to remove the restrictions and allow RTSP access from the Xiaomi camera.Read The Article
To convert a Youtube video or any video for that matter requires just one step, in essence you will transcode the video file (normally an MP4) to MP3 using ffmpeg. In this tutorial I will show you how you can convert videos to audio in a matter of seconds, it does not cost a cent and requires very little effort.Read The Article