Managing your money with the 50/20/30 budget

The 50/20/30 budget, is a proportional guideline for allocating your paycheque. It’s in essence, a system of personal budgeting for keeping your spending in alignment with your savings goals. Typically, the budgeting process requires you to keep receipts and track every single expenditure. Now, that can be a real drag. And I don’t even think,Continue reading “Managing your money with the 50/20/30 budget”

‘100 minus your age’ Asset Allocation Rule

Whenever I get the chance to speak with a lot of young people about investing, I always find out they are holding too much cash either in their savings account or in treasury bills. A 2014 UBS survey, reports that millennials held only 28% of their portfolio in stocks and the rest in cash andContinue reading “‘100 minus your age’ Asset Allocation Rule”