If you're planning to build your financial portfolio, it's important to understand that there may be risks involved with certain investments. That's why it's important to find smart ways to spread your risks. These golden rules are designed to help you do just that. Balance Your Portfolio With Multiple Assets A good financial portfolio is a balanced one that allows you to spread your risk against multiple investment assets. For example, while equities are excellent from a growth perspective, you may want to balance these out with managed funds, superannuation funds and exchange traded funds.
I got in way over my head with my credit card debt when I was younger. It's easy to think that everyone is in the same boat, holding onto big credit card balances and juggling payments between different accounts. Now I'm getting ready to buy a house and I know that I'll need to buckle down and get my credit card debt under control. It won't be easy, but the thought of no more rent inspections is very inspiring. This blog is my record of how I'm getting financial literate and tackling all of my debt once and for all.