A MISSCELLANY

    Welcome back to this series about Financial Literacy. In this second part, I would like to share with you Unit 1: Budgeting and Saving - Part 2: Reducing expenses     Table of contents:         2. Reducing expenses             a. Unit pricing             b. How to lower my expenses?          2. Reducing expenses               a. Unit pricing or ... how to cut your expenses by paying more?                    Basically, UNIT PRICING tells how much you pay for one unit of the product (like, per gram, per ounce, per litre, per item, or even per time for service). UNIT PRICING = TOTAL PRICE / TOTAL UNITS. (awww Maths again, I'm not here for Maths... wait be patient, you will see how this magically works)               ...

    This post is just like a late-night journal sharing with you something I have done for 4 days and I have felt immediate benefits - deleting my Facebook app on my phone.      Not because I bear any grudge against Facebook but because it used to be my main source of digital distraction. So if you happen to have any source of digital distraction but you are suffering from doomscrolling and procrastinating and then feeling guilty all the time, I hope my sharings in this post will help you a bit and give you some motivation to completely say goodbye to it. But please note that my writing does not include any scientific evidence or studies or quotes so you may find it unconvincing. My story: I decided to delete my FB app on my phone four days ago as I have noticed that I have spent way tooooo much time scrolling its arresting reels and endless newsfeed. As I want break this cycle and save my mental health, I made it harder to do it (the lesson I learnt from some Y...

      Welcome back to this series about Financial Literacy. In this second part, I would like to share with you Unit 1: Budgeting and Saving - Part 1: Budget     Table of contents:          1. Budget               a. What is Budget?               b. The 50:30:20 rule               c. Build and balance your own budget                1. Budget           a.  What is Budget?                You must have heard about this promising or intimidating term "budget", it depends on your financial reality. But, I have to repeat the definition again (to make this post seem a bit more informative, honestly).                A BUDGET is, basically, A PLAN helps you to m...

         In this series about Financial Literacy, I want to share with you some of my takeaways after each lesson on the MOOC course on Khan Academy: Financial Literacy.      You can enroll in the course right here:  https://www.khanacademy.org/college-careers-more/financial-literacy Why do we have to learn Financial Literacy?     We can survive without money, of course. BUT, wait wait wait, nearly almost almost almost all of us can't just live without money. Just like the Internet, we have to learn Information Technology in school, during in-service courses or in some way or another. Similarly, we have to be the controller of our money, of what we earn, we spend and we save.  → After this course/reading this series, you will gain: 1.An overall confidence about your money - it will no longer be a mystery and make you wonder why some people are crazy rich but some are not; 2.An inspiration to embark on a journey of Personal Fina...