CP-Finance - Part 8

5 Best Free Online Budget Planner Tools for College Students

As college students, managing your finances is a crucial skill that will set you on the path to financial stability and success in the future. With the myriad of expenses that come with being a student, from tuition fees to textbooks to daily living costs, it’s essential to have a budget in place to keep track of your income and expenses. Fortunately, there are several free online budget planner tools specifically designed to help college students manage their finances effectively. Here, we’ve compiled a list of the 5 best free online budget planner tools that will help you take control of your finances.

Mint

Mint is a widely popular budget planner tool that offers a comprehensive platform for managing your finances. It allows you to link your bank accounts, credit cards, and investments, providing a holistic view of your financial situation. With Mint, you can set budgets, track your spending, …

Building A Business For A Fulfilling Retirement

December 24, 2023November 14, 2023

I’ve always been interested in building an online business that would support me in retirement. But as I got older, it became more important to me because I wanted to know that my retirement would be secure. So, for the past five years or so, I’ve been working hard building a profitable company from scratch. Now, after about $400k invested and three full-time employees, we’re finally starting to see the fruits of our labor pay off financially. While our revenue isn’t quite at where we need it yet (we expect another year or so before we hit six figures), what’s exciting is that now that our expenses are under control and we have a solid team in place—one capable of handling growth while still providing excellent customer service—we can start thinking about other things like how much money goes into savings every month!

1. Decide what you want your business

Pension Definition

Pension Planning: Retirement Income Sources

December 17, 2023November 14, 2023

Retirement income is a term that describes the money you will receive from your pension plan. It is also known as annuity income and can be made up of a number of sources, including fixed deposits, insurance policies or even proceeds from property investments.

Pension definition

A pension is a regular payment made to you after you retire. It is usually based on your salary and how long you have worked. The payments are usually tax free, so they can help to supplement other sources of income such as savings or investment returns.

There are different types of pensions:

Defined benefit schemes – These were very common in the past but now only around 5% of people are members of them; these provide an assured level of income based on your salary and length of service with an employer or other organisation (e.g., public sector). You may also get inflation

Zero Based Budgeting

Best Zero-Based Budgeting Tools For Beginners

November 18, 2023November 14, 2023

If you’re new to the world of money management, zero-based budgeting can help. It’s a straightforward system that makes it easy to see where your money is going and what kinds of expenses come up during different parts of the year. This type of plan helps you make better decisions about how much money you need to make each month in order to cover those expenses while also saving some for emergencies or retirement savings plans. With a zero-based budget, you’ll gain control over your spending habits by seeing exactly how much money is being spent on things like groceries and clothing instead of just guessing at how much debt might be accumulating every month because not all purchases are immediately obvious.

Zero-based budgeting is a tool that helps you take an honest look at your income and expenses.

Zero-based budgeting is a tool that helps you take an honest …

Life Estate Set Up For Asset Protection

November 4, 2023November 14, 2023

A life estate is a legal arrangement between two parties that allows one party to use the property of the other while they are alive. It’s similar to a trust, except that the beneficiary doesn’t necessarily have any control over the money or property during their lifetime. A person may want to set up a life estate for asset protection or to ensure loved ones inherit an asset after their death.

What is a life estate?

A life estate is a legal agreement that gives you the right to use someone else’s property during your lifetime. You can sell, lease or transfer the property at any time during your lifetime. A life estate can be set up for any type of property including real estate, vehicles and business interests. This is a great way to protect assets from lawsuits or creditors by giving someone else control over them until after …