A Better World With Finances

Finance is basically the study of how to spend money. As an end result of which it is used for personal enrichment and to make life better in general. However, it is always necessary to know the sources of finance so that one can plan ahead to attain financial independence.

In today’s society where almost all have a job that brings them near to the main stream, finance has become a very important element in determining whether you will be part of the social classes or not. People living in rural areas are not allowed to own their own land or a house; instead they use their salaries for the sustenance of the family and use the rest of the income to make ends meet.

While this is fine in the countryside but it does not have any practical application in the city where there are various ways of earning. You can use your salary in various ways, like housing the kids or paying the bills. A family living on less than two thousand dollars per month cannot afford to pay its monthly bills.

In major cities like London, Mumbai, New York and Delhi, we find people living on less than ten thousand dollars per month. This may sound big, but it means you need more than twenty thousand pounds per month just to meet the expenses. If you want to become a millionaire, it is impossible.

It is not only the banking industry that has gone down as a result of the financial crisis but the companies that take care of the transaction and credit card debt also suffered. Though this may seem to be unfair, it has its own advantages as you can get huge interest rates and your payments can be done through secured loans.

The instant credit card just adds to the problems that financial companies face. So if you are a good risk-taker and have savings then get yourself a secured loan, the interest rate will be lowered and you can easily afford to pay it off. If you are a person who uses credit cards a lot, take out some equity from your home to finance your purchases.

Such credit cards can be purchased at low rates of interest and you can also repay them without doing any loan repayment. You need to be very careful about your credit card bill, it needs to be paid every month in full and the bill is usually sent monthly through cheque. If you have a strong credit history you can also go in for a mortgage.

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Shazir Mucklai

Shazir Mucklai is an award-winning influencer, an activist investor, a former analyst at Goldman Sachs and is currently in law School while growing his public relations digital arbitrage firm.

Mucklai began writing seven years ago, landed his first client that same year, and published his first book six years ago.

Mucklai has served thousands of clients, including Game of Thrones, Emmy award wining singer Halsey, and most notably Matrix 4 (currently in pre-production)

Shazir Mucklai
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Shazir Mucklaihttp://shazirmucklai.com
Shazir Mucklai is an award-winning influencer, an activist investor, a former analyst at Goldman Sachs and is currently in law School while growing his public relations digital arbitrage firm. Mucklai began writing seven years ago, landed his first client that same year, and published his first book six years ago. Mucklai has served thousands of clients, including Game of Thrones, Emmy award wining singer Halsey, and most notably Matrix 4 (currently in pre-production)

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Shazir Mucklai

Shazir Mucklai is an award-winning influencer, an activist investor, a former analyst at Goldman Sachs and is currently in law School while growing his public relations digital arbitrage firm.

Mucklai began writing seven years ago, landed his first client that same year, and published his first book six years ago.

Mucklai has served thousands of clients, including Game of Thrones, Emmy award wining singer Halsey, and most notably Matrix 4 (currently in pre-production)
Shazir Mucklai
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