The international money transfer industry, like many others, has transformed significantly since the turn of the last century. While this field was the domain of banks and a handful of high-street forex brokers in the past, it has witnessed a FinTech explosion of sorts in recent times. However, now that people have scores of options from which to choose, deciding which service provider to select might seem daunting. It does not have to be – provided you pay attention to a few simple aspects.
Have you ever wondered if the advice you are listening to aligns with your “worldview”? Are you listening to advice that arises out of a certain view of life that may not be in line with yours? How do you discern if the advice is still valid and applicable to you?
Let’s question some deeply perpetuated and popular opinions to see if they should be taken at face value.
I have written earlier that when it comes to personal finance why simplicity is the ultimate personification. Most of the complexity in your personal finance usually creeps in very gradually. If you don’t make efforts to declutter and perform regular housekeeping, you will soon find yourself owning isolated islands of accounts. You might wake up one day and realize how in the world did you reach there. You don’t want to spend your day worrying about tracking multiple accounts or remembering the due dates of multiple credit cards you own.
Have you ever stumbled upon a solution to a problem that has been nagging you for years and felt like you’ve finally cracked the code? Back in 2018, I had such a moment. After being totally blindsided to the world of personal finance, I had finally, discovered how to manage my finances. I was never … Read moreHow I Got My Friend Interested In Personal Finance
It’s easy to assume that celebrities, with their larger than lifestyles and fat bank accounts, are also good with money. But having plenty of money doesn’t mean they know how to manage their cash flow or invest it properly. Many have struggled with advocating for themselves or negotiate the right pay or trusted the wrong people to manage their finances.