PERSONAL FINANCE: Your helpful how-to guide to start and end 2023 on a positive financial footing

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 84%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Use this 2023 calendar to take the sting out of inflation and rising interest rates.

This year really has been a ride. Consumers have had to deal with everything from rocketing inflation to rising interest rates, with the prime lending rate climbing 3.25 percentage points since January to end the year at 10.25%.“This is reflected in a 5.1% year-on-year decline in the real average salary recorded in October,” says independent economist Elize ­Kruger.

Though you may not be able to control outside factors such as inflation and interest rates, you can take control of your own finances to ensure that you end 2023 on a positive financial footing.– budget, budget, budget. Your budget is your best tool. This simply means writing down all your expenses and weighing them against your income so that you can ensure you are living within your means. If you need to borrow to cover your expenses, that’s a sure sign that you are living beyond your means.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How Putin’s war and small islands are accelerating the global shift to clean energy, and what to watch for in 2023 | BusinessHow Putin’s war and small islands are accelerating the global shift to clean energy, and what to watch for in 2023 | News24_Business _Business Putin's war _Business Hahahaha you didn't mention the greed created by the American government and Dollars GretaThunberg _Business Yes that’s one good thing
Source: News24 - 🏆 4. / 80 Read more »