A key part of personal financial management is having a comprehensive financial statement. It is useful in tracking your goals and keeping a keen eye on your wealth’s growth. In order to do so successfully, you need to be able to distinguish between assets and liabilities which are part of…

Managing your finances simply means understanding your financial situation and taking stock of things in order to plan for a rainy day. In short, watch your spending and save what you can. To understand Personal Financial Management (PFM), you need to first know in depth the five main areas of…

Changes in technology — such as an increase in the development of social media apps and the availability of mobile money transfer — has led to many micro, small and medium enterprises embracing e-commerce. The fact that people can comfortably shop for goods and have them delivered at their doorsteps…