Time value of money

A $100 is a $100 is a $100. No brainier? Theoretically yes. But practically – life is more complicated. One of the reasons is the concept of time value of money! Time value of money – is an interesting relationship between money and time! It is visible everywhere.  Money is usually worth more today than […]

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7 common money mistakes which beginners make

Money management is not an easy task. For the inexperienced, and often for experienced ones too, it is not difficult to spend money. It is saving and investing – things that form backbone of good money management, that is difficult. Invariably, lot of people make some common money management mistakes. Over a period of time, few learn the lessons, some don’t and many don’t even realize that something is amiss. What are some common money management mistakes which several beginners make?

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