Sunday, 8 December 2019

Personal Finance Matters Blog


This blog, Make Money wth Sam, has been created to discuss any issue related to personal finance. We intend to discuss how to save money, investing, making money online, budgeting, accounting, etc.
On saving money will provide tips on the best ways to save money and the benefits of doing that.
We also intend to discuss investing. Here we will discuss the meaning behind some of the technical terms that people encounter when they visit brokers. We will discuss the various methods people use to invest their money. Here we will talk about the advantages and disadvantages of each method.
Further, we intend to discuss budgeting focusing on household budgeting. We will look at the various types of budgeting and how we can apply it to our households. We believe that just as organizations use budgets as a guide on their activities, the same should apply to individuals. We cannot live without planning our expenses. We, therefore, need to make sure that we create a family budget as a guide for our family's financial management.
The internet has provided so many opportunities for people to make money. We will, therefore, try to discuss these opportunities and how to take advantage of them. In fact, there are people who rely on internet marketing for their full-time income.
It is, therefore, our belief that if one puts his mind on internet marketing over time he can replace his salary with passive income from blogs and other ways of making money online.
As accountants, we may also once in a while create some accounting tutorials targeting those who are not finance professionals. We will discuss how to prepare a profit and loss statement, cash flow statements etc for your business.
Other topics will include preparation of budgets and finally tax matters.



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