Personal finance management such as savings, investing etc.
Banking terms and concepts are many and can sometimes be difficult to comprehend, even for the industry professionals. However, since banking is a critical part of our business and personal life, it is helpful for consumers to learn some common banking terms. Here are the 10 essential banking terms every consumer should know: 1. Overdraft Yes, […]
16 Common Banking Terms You Should Know Read More »
Given the important of personal finance in life, it’s surprising that our schools still don’t teach children about money. As a parent, however, you can teach your children about the important financial lessons — and you should. Well, lets agree on one thing, that teaching children about money is not a “Taboo”. Okay, below are some ideas
How to Teach Children about Money Read More »
Personal budget is a financial plan that shows an individual or family incomes and spending plan. It is the best way for anyone to take control of personal finances. Simple tool like personal budget helps you to understand where the money goes in and out of your household. The key to managing your personal expenses is to know
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Treasury bills is an investment product that offers you utmost security as it is backed by the Central Government. It is one of the highest yield and liquid investment in the Gambia. However, many young people and small businesses are not making use of this liquid and secure investment product. Why? Most people do not understand
Treasury Bills as an Investment in the Gambia Read More »
Personal finance management requires focus and self-discipline. Sure, it can be challenging at times, but it basically comes down to the principle of planning, saving, investing and budgeting. Today, I want to share 10 tips on how to improve your personal finance. 1. Decide on your Personal Finance Goals. Be clear and precise about what you want to achieve. When I started
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Savings simply means a deliberate accumulation of excess funds by spending less than what you earns. It is deliberate attempt to financially succeed. You save by giving up the purchase of something in the present. As a trade-off you should ensure that your savings are realistic and the opportunity cost of what is given up
Savings Mean Pay Yourself First. Read More »
If you read many financial books or listen to the some investment experts, you’ll come to the conclusion that wealth building is very much complicated. You will think wealth building steps are technical, and cannot be possibly comprehended by an average person. As such, many people don’t really make an attempt to create wealth. The
Successful Wealth Building Formulas Read More »
Your financial situation is a combination of every financial decision you’ve made up to this point. However, identifying your financial mistakes – and precisely where you went wrong – will help you avoid making more down the road. In this article, we share 5 common financial mistakes most people make.
5 Common Financial Mistakes to Avoid Read More »
About Business in Gambia Blog Business in Gambia is an online platform that shares valuable information about personal finance and small business tips. The focus of the site is to share practical tips with young people and SMEs. Personal Finance – Personal finance talks about the management of valuable resources to enable individuals or families achieve better financial
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