Wizley Blog

Personal finance is one of the many important lessons that you are not taught in school. Being rich and wealthy depends a lot more on your financial habits than the amount of money you make. Let us look at 15 financial habits that will make you wealthy and prosperous. Pay Yourself First - One of the first rules of being rich is ‘A part of what you earn is yours to keep.’ Set aside at least 10% of your income each month in an investing fund. Make a Budget - A budget is simply a plan that you make for yourself to pre-decide how much money you will spend on what. It is a tool that will help you keep your spending in check. Protect Your Wealth - Protecting your money from inflation or bad investments is just as important as earning money. If you have parked your money in an investment instrument with a lower return than the current rate of inflation, then your hard-earned money is getting depleted. Set Priorities - You will always have to choose where to spend y...

  The trend of shopping online is increasing at a tremendous rate. With the increase in smartphone adoption and cheap internet packs, people have started spending a lot more time on their smartphones, which has been a huge positive for the eCommerce industry. It is believed that people tend to overspend while shopping online as against visiting a store physically. The convenience of shopping through your phone, paying a few days later, and the temptation of flashy sales ads have all contributed to this cause. Let us look at seven tips to avoid overspending on online shopping. 1. Follow the 24-Hour Rule - The 24 hr rule says that you should wait for at least 24hrs before making a purchase that you just thought of. It would help if you used this time to rethink whether you need the product that you are going to buy or not. This will save you from making a lot of impulse purchases. 2. Unsubscribe to Email Ads - Websites have a habit of recording your emails as soon as th...