Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Habits to Improve Your Personal Finances and Become a Good Investor
    Habits to Improve Your Personal Finances and Become a Good Investor
    Habits to Improve Your Personal Finances and Become a Good Investor
    Ebook34 pages22 minutes

    Habits to Improve Your Personal Finances and Become a Good Investor

    By Arthur Anderson

    ()

    Read preview

    About this ebook

    Personal finances are like a journey: they require direction, planning, and solid habits to get where we want to go. In this book, we will explore a series of powerful habits that will not only improve your finances but also make you a more skilled and conscious investor.

    From discipline in spending to smart financial automation, each habit presented here has been carefully selected to provide you with practical tools that will transform your relationship with money. Why is a monthly budget crucial? How can you adopt a long-term investment mindset? And what role does reinvesting profits play in building your financial future?

    These habits not only focus on the present but also project towards the future. By practicing them, you will not only better control your expenses but also become a more informed investor prepared for the changing challenges of the market. Join us on this journey towards better financial management and discover how each habit can make a difference on your path to stability and economic growth.

    LanguageEnglish
    PublisherArthur Anderson
    Release dateMar 8, 2024
    ISBN9798224749393
    Habits to Improve Your Personal Finances and Become a Good Investor

    Read more from Arthur Anderson

    Related to Habits to Improve Your Personal Finances and Become a Good Investor

    Related ebooks

    Personal Finance For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      Financial Fitness

      Jan 10, 2024

      Financial Fitness
      8 min read

    • Article

      Navigating Your Finances

      Jan 31, 2024

      Navigating Your Finances
      1 min read

    • Article

      What Is Financial Planning?

      Apr 22, 2023

      What Is Financial Planning?
      2 min read

    • Article

      RANDS & SENSE The Eight Key Elements Of A Good Financial Plan

      Nov 7, 2020

      EVERYONE’S financial plan will differ, not only because we all think and value things differently but also because our needs change throughout our lives. A financial plan is one of the most important and easiest ways to keep track of your goals and w

      3 min read

    • Article

      The Eight Key Elements Of A Good Financial Plan

      Nov 7, 2020

      EVERYONE’S financial plan will differ, not only because we all think and value things differently but also because our needs change throughout our lives. A financial plan is one of the most important and easiest ways to keep track of your goals and w

      3 min read

    • Article

      The Eight Key Elements Of A Good Financial Plan

      Nov 7, 2020

      EVERYONE’S financial plan will differ, not only because we all think and value things differently but also because our needs change throughout our lives. A financial plan is one of the most important and easiest ways to keep track of your goals and w

      3 min read

    • Article

      The Eight Key Elements Of A Good Financial Plan

      Nov 7, 2020

      EVERYONE’S financial plan will differ, not only because we all think and value things differently but also because our needs change throughout our lives. A financial plan is one of the most important and easiest ways to keep track of your goals and w

      3 min read

    • Article

      What Should I Focus On To Build My Savings After A Divorce I Want To Grow My Investment Portfolio. Do You Have Any Tips To Consider? How Can I Remain Financially Independent While In A Relationship? Do I Need Business Insurance?

      Aug 26, 2023

      Name withheld Jaanre Muller – Wealth Manager, PSG Wealth, Hermanus replies: The first step is to determine what you’re saving for. Having a clear goal allows you to map out your financial plan, which involves some key considerations such as how much

      4 min read

    • Article

      Over The Past Year, I’ve Been Battling To Stick To My Financial Plan And Also Experienced Unforeseen Costs During The Holidays. Previously, I Could Save A Bit Of Money Each Month, But I’m Now Unable To Save Anything As I’m Still Paying Back The Extra Costs. What’s The Best Thing To Do And How Can I Get Back On Track? Name Withheld I Am A 34-year-old And Would Like To Start My Investment Journey This Year. What Is The Best Investment Strategy To Pick? Name Withheld Individualised Investment Journey/strategy Suggested: Name Withheld

      Jan 27, 2024

      Over The Past Year, I’ve Been Battling To Stick To My Financial Plan And Also Experienced Unforeseen Costs During The Holidays. Previously, I Could Save A Bit Of Money Each Month, But I’m Now Unable To Save Anything As I’m Still Paying Back The Extra Costs. What’s The Best Thing To Do And How Can I Get Back On Track? Name Withheld I Am A 34-year-old And Would Like To Start My Investment Journey This Year. What Is The Best Investment Strategy To Pick? Name Withheld Individualised Investment Journey/strategy Suggested: Name Withheld
      4 min read

    • Article

      A Forgotten First Step in Wealth Creation: Emergency Funds

      Jul 8, 2019

      An epidemic of stress grips America. Despite a low unemployment rate, 62% of Americans admit to feeling stressed about money with 31% feeling stressed by it all the time and losing sleep, according to a survey by investing app Stash. In the short te

      4 min read

    • Article

      What Should I Focus On To Build My Savings After A Divorce? I Want To Grow My Investment Portfolio. Do You Have Any Tips To Consider? How Can I Remain Financially Independent While In A Relationship? 8 Name Withheld Do I Need Business Insurance?

      Aug 26, 2023

      Name withheld Jaanre Muller – Wealth Manager, PSG Wealth, Hermanus replies: The first step is to determine what you’re saving for. Having a clear goal allows you to map out your financial plan, which involves some key considerations such as how much

      4 min read

    • Article

      What Should I Focus On To Build My Savings After A Divorce? I Want To Grow My Investment Portfolio. Do You Have Any Tips To Consider? How Can I Remain Financially Independent While In A Relationship? Do I Need Business Insurance?

      Aug 26, 2023

      Name withheld Jaanre Muller – Wealth Manager, PSG Wealth, Hermanus replies: The first step is to determine what you’re saving for. Having a clear goal allows you to map out your financial plan, which involves some key considerations such as how much

      4 min read

    • Article

      The Basics Of Budgeting

      Sep 15, 2023

      The Basics Of Budgeting
      4 min read

    • Article

      Get That Financial Plan, Now

      Aug 25, 2018

      Most people tend to have a random approach toward personal finance. They either inv­est whatever is left after spending rather than the other way round. Or they invest in multiple instruments rather than in a product suited to their needs. As a resul

      4 min read

    • Article

      8 Smart Ways To Save Money

      May 10, 2023

      8 Smart Ways To Save Money
      4 min read

    • Article

      Save Or Invest? When To Do Which

      Sep 30, 2022

      Send suggestions for topics and requests for info to yourmoney@you.co.za. We may answer your questions in this column but won’t reply personally. SAVING and investing are crucial elements in keeping your finances fit and healthy. But though both term

      3 min read

    • Article

      Don't Let These Revenue Roadblocks Threaten Your Wealth

      Jun 7, 2019

      Professionals and business owners work hard to create wealth during their careers. Disruptive risks to that revenue stream can emerge in many different and unexpected ways. Challenges may arise that threaten financial security past your working years

      3 min read

    • Article

      3 Steps You Can Take Now to Gain Control of Your Retirement

      Nov 26, 2020

      Given the year we’ve experienced, most people are feeling justifiably anxious about protecting their retirement investments. Some nervousness is normal at any time, of course, since we can never predict what the markets or the overall economy will do

      2 min read

    • Article

      The Financial Advice Model Of The Future

      May 15, 2020

      the distribution of financial advice favours clients that have already accumulated assets and are approaching the de-cumulation or retirement phase. Less than 6% of the South African population benefits from receiving this form of financial advice. T

      3 min read

    • Article

      Budgeting Basics for Wealth, Health and Happiness

      Feb 27, 2022

      Budgeting is the first step toward financial planning. It includes a series of questions about how you spend your hard-earned money. And being accountable for your inflows and outflows is a healthy exercise for strengthening your ability to save and

      2 min read

    • Article

      How Can I Safeguard My Investment Portfolio? Name Withheld How Can I Safeguard Investments From A Bad Economy? How Can I Save And Stick To A Healthy Budget? How To Proctect My Assests From Loadshedding?

      May 27, 2023

      I’ve researched a few unit trusts and I’ve noted that some funds indicate a maximum drawdown that can be high. What does this mean, and are there any precautions I can take to safeguard my portfolio? Graham Lovely, Wealth Manager, PSG Wealth, Claremo

      4 min read

    • Article

      How Can I Safeguard My Investment Portfolio? Name Withheld How Can I Safeguard Investments From A Bad Economy? How Can I Save And Stick To A Healthy Budget? How To Proctect My Assests From Loadshedding?

      May 27, 2023

      I’ve researched a few unit trusts and I’ve noted that some funds indicate a maximum drawdown that can be high. What does this mean, and are there any precautions I can take to safeguard my portfolio? Graham Lovely, Wealth Manager, PSG Wealth, Claremo

      4 min read

    • Article

      To Plan Or Not To Plan ... That Is The Question

      Oct 16, 2018

      When it comes to long-term financial planning, Americans are falling short. In fact, more than 80% of Americans fail to plan for their financial futures. A comprehensive financial plan takes into account all aspects of your financial life, highlighti

      3 min read

    • Article

      How Can I Safeguard My Investment Portfolio? Name Withheld How Can I Safeguard Investments From A Bad Economy? How Can I Save And Stick To A Healthy Budget? How To Proctect My Assests From Loadshedding?

      May 27, 2023

      I’ve researched a few unit trusts and I’ve noted that some funds indicate a maximum drawdown that can be high. What does this mean, and are there any precautions I can take to safeguard my portfolio? Graham Lovely, Wealth Manager, PSG Wealth, Claremo

      4 min read

    • Article

      6 Investment Tips That Can Reduce Worry in Retirement

      Mar 30, 2022

      People planning to retire in the near future, those already retired and some transitioning to the post-work life have greater concerns about their investments than ever before. Geopolitical events, the surge in inflation and the expected increases in

      3 min read

    Related categories

    Reviews for Habits to Improve Your Personal Finances and Become a Good Investor

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Habits to Improve Your Personal Finances and Become a Good Investor - Arthur Anderson

      Habits to Improve Your Personal Finances and Become a Good Investor

      Arthur Anderson

      Published by Arthur Anderson, 2024.

      While every precaution has been taken in the preparation of this book, the publisher assumes no responsibility for errors or omissions, or for damages resulting from the use of the information contained herein.

      HABITS TO IMPROVE YOUR PERSONAL FINANCES AND BECOME A GOOD INVESTOR

      First edition. March 8, 2024.

      Copyright © 2024 Arthur Anderson.

      ISBN: 979-8224749393

      Written by Arthur Anderson.

      Table of Contents

      Title Page

      Copyright Page

      Habits to Improve Your Personal Finances and Become a Good Investor

      Sign up for Arthur Anderson's Mailing List

      Also By Arthur Anderson

      Habits to Improve Your Personal Finances and Become a Good Investor

      Arthur Anderson

      Monthly Budget

      The monthly budget is a fundamental tool for effective management of personal finances. It consists of a detailed plan listing all anticipated income and expenses during a given month. Its main objective is to provide a clear and organized overview of how money will be distributed, allowing for expense control, allocating funds for savings and investments, and making more informed financial decisions.

      Expense Control: The monthly budget acts as a guide to control expenses. By listing all expected expenses, from monthly bills to variable expenses like food or entertainment, it provides a comprehensive view of where the money is going. This allows identifying areas where spending can be reduced to improve financial management.

      Income and Fund Allocation: By detailing regular incomes, such as salaries, additional earnings, or any other sources of money, one can plan how to allocate those incomes. This includes allocating funds to cover basic expenses like housing, utilities, food, as well as for savings and, crucially, investments. This proactive allocation helps to avoid excessive spending and encourages systematic saving and investing.

      Enjoying the preview?
      Page 1 of 1