Here is the simplified guide on income tax basics for beginners. Know about the types of taxes on income, on goods and services and also about tax planning and management.
Opportunity cost is a choice of scarcity and it leads to prioritizing expenses. The basic of any budget is prioritizing of expenses.
The 50/30/20 rule is a budgeting framework that outlines what percentage of your income to allocate for the three of the most important parts of your budget.
Learn the meaning of a budget, importance of a budget, and a complete guide to automate your budget.
What are the elements of successful budgeting? The first step for creating a budget is understanding your monthly income. Let's understand more in detail.