29-Jul

Wealth does not come naturally, it's great Financial and

taxation decisions that produce wealth. Wealth can be
created by businesses, in turn of the value they offer to
customers but this value is subject to several variables in the
business world. One prominent variable for value creation is
'cost' which has to be controlled and reduced to yield
benefits. Another such variable is 'pricing'. Value creation
acts as an engine for wealth creation for a company, and
financing decisions act as the constant oil needed by this
engine. This is why we at CelebroKids focus on financial
literacy. We believe that today's youth, will become
tomorrow's businessmen and entrepreneurs, for thus they
must know what sound financial decisions are like.
 30-Jul

So, how do you save money? You can start the process by understanding your expenses. With the rising
consumerism today, it's easy to spend money on non essentials. To combat this, first create a list of all your
expected expenses for the month based on your memory of the previous months. Divide your expenses
into: Fixed, varaible and discrete expenses. Your fixed expenses should include expenses that remain similar
monthly (Eg: Rent). Your variable expenses can include important expenses that vary monthly. For instance
your utility and grocery bills come under this category. And lastly, your discrete expenses should include
your social expenses, luxury and comfort expenses. If you want to save, remove the uncessary from these
three categories. Focus more on needs, than your wants. It's going to be a different process for everyone,
but you can start from here. What are the ways through which you save?