A Ponzi scheme is a 'supposed' investment but a fraud that uses the funds from new depositors to pay old depositors without creating any sustainable value. In 2008, during the financial crisis, there were several Ponzi schemes, both locally and…
Working for yourself is a beautiful thing but then demanding. You get to call the shots, set your working hours and decide how you want things to run. It is also a stage of daily self-discovery, improving yourself and the…
Investing is not magic. With so many moving parts and unpredictable possibilities, it's not surprising that many investing myths are common. Individuals still pass down these misconceptions and knowledge to family, colleagues, friends, etc., thereby discouraging them from investing. However,…
No matter how economical you are, no one is immune from making impulse purchases from time to time. But the more you give in, the more harmful it can be to your financial life. Overspending is a common barrier to…