5 Simple steps to manage personal finance

To fulfill all our desires, we not only have to save a part of our income, but also invest it.

We safe our future financially by increasing our saving money by invest it, and this is how the role of "personal finance" begins.

Personal finance means managing our finance according to our future goals.

Step 1.: Write your financial goal

Going for a vacation, retirement, buy a new car, saving for your child education all these are the financial goal.

Achievement of these financial goals, depends how well you plan your investments. The financial goal can be long term or short term.

For example, saving for retirement is a long-term financial goal, while buying a house or going on vacation is a short-term financial goal.

You need to make a separate list of all long-term and short-term financial goals and then plan your investment to manage your personal finance.

Secret Habits of Self-Made Millionaires

Billionaires often have great advice when it comes to creating wealth. Sometimes, not earning much but you have efficient management is effective in making money.

Even if you do not have a net worth in billions, you will sometimes have to take a page of a billionaire's book to better manage you wealth. In fact, even if youo are not earing millions every years, you can increase you wealth just by copying the financial habits and strategies of the super-rich.

Here are 4 habits you need to learn from billionaires to manage your money like the super-rich: