Budgeting

Recessions are caused when there's a decline in the gross domestic product (GDP) for multiple consecutive quarters. This creates a domino effect that causes panic which reduces consumer confidence and spending. Other factors that cause a recession are disasters, pandemics, high interest rates...

Managing personal finances can be a daunting task. However, with proper budget planning and financial management, you can set yourself up for financial success. Creating a budget helps you to identify where your money goes, how much you can save, and plan for your financial future. In this...