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Tuesday, 8 April 2014

Your Finances. Your Asset Class. Your Financial Stability





In today's fast economy, it is important to gain control over
our finances in order to ensure a stable financial future for ourselves and loved ones. Call it Financial Sustainability and you've hit the nail on the head. How then can we become financially stable? By knowing where our money is going, through our assets (investments that put money in our pockets), our income ( what we generate from assets aside pay cheques), our liabilities (obligations that take money from our pockets), or our expenses ( spending created by liabilities). A good working knowledge of financial language like assets, liabilities, income, and expenses, and how they interrelate with one another can put control of our money in our hands, and help us achieve financial stability.

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