In personal finance, one cannot determine how much to spend or save if the person doesn’t know how much he is worth. One is worth what he has accumulated as fixed assets. You can do this by following some simple steps. List first rate assets: These assets include your high values assets such as pieces [...]
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Capital budgeting in relation to personal finance
August 9th, 2011 
admin Capital budgeting involves the commitment of your finance in long term projects whose return is expected after a series of years. Investment as a concept of personal finance is involved in dedication money to income generating projects. Investment involves foregoing consumption today in order to get future benefits. Some of these projects could be short [...]