Money Magazine ( Money logs )

Managing money is one task each and every one of us is confronted with on an everyday basis. Most often it is seen that one works very hard, earns well, splurges and then there is hardly anything left for the proverbial rainy day. This vicious cycle continues and when an emergency pops up, one is left to face the ugly truth that you may be broke. In such a situation it would be worthwhile to consider what are some of the bad financial habits that makes one go broke. Being financially independent doesn't mean earning alone, it means using your money judiciously and at the same time making money work hard for you.  

Credits cards, no doubt, give you purchasing power. You go on a shopping spree on your credit card and pay later on. But, once you get into a debt trap, you get into a vicious circle and then it becomes very difficult for you to get out of it. Most people know this fact in principle, but are unable to understand how things pan out. It is most common among youngsters who have just started with their jobs and get hands on credit cards.

Cost of living is increasing day by day and sometimes your daily job is not enough to cover all the expenses. At such times, having a side job can be a blessing as you can get extra money from outside your job to cover for all the expenditures that you incur. While it was difficult to earn side money a decade ago, the world has changed now. Earning side money using the internet is very easy today and requires little of your time and effort. Since the online jobs give you flexibility, you can easily manage your job and your side business hand in hand.

The advent of credit cards has given rise to a cash free culture all around the world and India is no different. As more and more people are developing an affinity towards using credit cards, it becomes important to understand how credit cards are issued and why is a credit card application declined.

The month is about to end, your bank account is taking its last breaths and you are going through e-mails and text messages to check where you have spent your month's salary. Tracking all such notifications can be a pain and that's why you should give your smartphone a chance to simplify things for you. Here are the best money management applications you should consider to manage your expenses.

It is often said that “Money makes more money”. At first this might sound obscure, but yes, it is a fact that money can and it does make money. Let me tell you how you can make your hard earned money, work for you.

Do you want to invest your money in way that it multiplies to give you multi fold future benefits? Well, a good investment is a result of adequate research and a few precautions.