Personal finance involves budgeting, saving, investing, and making informed decisions about income and expenses. It includes creating a budget, establishing an emergency fund, managing debt, and understanding insurance and retirement planning.
Initiate your investment journey in 2024 by targeting a 20% savings rate, maintaining a debt-to-income ratio below 30%, calculating your solvency ratio and striving to reach a value of 1 to enhance your financial standing.
Bengaluru (Karnataka) [India], August 16 (ANI/NewsVoir): My Finance Wellness (MFW), the first FinEduTech brand in the country, has recently launched its mobile application for MSME and other nano, tiny entrepreneurs in the country.