Understand Personal Finance

Learn personal financial management, budgeting, and investing.

    Category: Personal Finance

    The Pros and Cons of Using Credit Cards

    Credit cards have become an integral part of our daily lives, from buying groceries to booking vacations. The convenience of cashless transactions, it has revolutionized the way we spend money.  However, with great power comes great responsibility, and the use of credit cards has its pros and cons. In this blog post, we’ll explore both

    Role of Interest Rate in the World Economy

    Interest rates are a fundamental tool of monetary policy and play a critical role in the global economy.  The decisions made by central banks and other monetary authorities regarding interest rates can have far-reaching impacts on individual economies, financial markets, and even people’s everyday lives.  From affecting the cost of borrowing and lending to influencing