We all know how it goes – you make some money or get paid your salary, and it feels like all is right with the world. Suddenly, you get a call from home that requires you to spend. Maybe it’s cash to support your parent’s business, or maybe your younger sibling needs “urgent 2k.” We… Continue reading Black Tax: What It Is, And How To Handle It
Author: monistory
The SMART Approach to Saving for Your Goals
Saving for your goals is more than just putting money aside—it’s about having a clear, actionable plan that ensures you achieve your objectives without unnecessary stress. At Moniger, we believe in empowering you to reach your financial milestones efficiently and effectively. That’s why we advocate for the SMART approach to saving, integrated with the innovative… Continue reading The SMART Approach to Saving for Your Goals
The Beginner’s Guide to Budgeting
Look, we know – when someone starts talking about budgeting, it can be a bit boring. Still, considering that 75% of people create and stick to budgets, they’re pretty important. Budgeting is the cornerstone of financial health. It helps you understand where your money goes, ensures you’re saving for the future, and keeps you from… Continue reading The Beginner’s Guide to Budgeting
How Much Of Your Income Should Go To Rent? An Explainer
Rent is one of the most significant expenses for many individuals and families, but how much of your income should you reasonably allocate to it? The general rule of thumb is the “30% rule,” which suggests that no more than 30% of your gross monthly income should go toward housing costs, including rent and utilities.… Continue reading How Much Of Your Income Should Go To Rent? An Explainer
Investment & Savings Scams: How to Avoid Them in 2025
In 2025, the digital landscape has become more interconnected than ever, offering new opportunities for growth and wealth-building. However, with these advancements come sophisticated scams targeting investments and savings. Fraudsters are evolving, and so should your defense mechanisms. Here’s how to protect yourself from falling victim to financial scams this year. 1. Spot the Red… Continue reading Investment & Savings Scams: How to Avoid Them in 2025
The ABCs of Investing: How to Get Started With Building Wealth
Building wealth through investing might seem daunting, but it’s easier than you think. By mastering the basics and staying consistent, you can set yourself up for financial success. This guide will walk you through the ABCs of investing and help you start your journey toward building wealth. Check Your Financial Health Before you start investing,… Continue reading The ABCs of Investing: How to Get Started With Building Wealth
How to Build a Strong Saving Culture
Saving money is more than just a financial habit—it’s a mindset that can transform your life. A strong saving culture not only helps you prepare for the unexpected but also empowers you to achieve your goals and dreams. But how do you cultivate this culture? Let’s explore practical steps to build a saving culture that… Continue reading How to Build a Strong Saving Culture
Overcoming Inflation: The Beginner’s Guide to Valuable Saving
Inflation can feel like a stealthy thief, slowly eroding the value of your hard-earned money. Prices go up, your purchasing power goes down, and suddenly, saving for the future seems more daunting than ever. But don’t worry—overcoming inflation is possible. It starts with understanding how to save smarter and make your money work harder. Here’s… Continue reading Overcoming Inflation: The Beginner’s Guide to Valuable Saving
The Dos & Don’ts of Managing Your Money
Managing your money doesn’t have to feel like a daunting chore. With the right approach—and the right tools—you can stay on top of your finances and avoid common pitfalls. Whether you’re just starting your financial journey or looking to level up your money game, this guide will walk you through the essential dos and don’ts… Continue reading The Dos & Don’ts of Managing Your Money
Savings vs Investment: Understanding Two Critical Components of Financial Management
When it comes to managing your finances, two terms frequently come up—savings and investment. Both are essential, but they serve different purposes and can lead to different outcomes. If you’re not clear on which one is right for you (or how they work together), We’ll break it down so it’s easier for you to make… Continue reading Savings vs Investment: Understanding Two Critical Components of Financial Management