Prop trading is rapidly transforming financial careers worldwide. The dream of trading significant capital, earning a share of the profits, and building a professional reputation is now within reach—thanks to leading platforms like FundedFirm. But one critical milestone stands in every trader’s way: passing the prop firm evaluation. This isn’t just a test of skill; […]
The Impact of Inflation on Your Monthly Budget
Inflation is a fundamental economic concept that refers to the general increase in prices of goods and services over time, leading to a decrease in the purchasing power of money. When inflation rises, each unit of currency buys fewer goods and services than it did previously. This phenomenon can be measured using various indices, with […]
Unlearned Personal Finance Lessons in Schools
In many educational systems around the world, personal finance education is conspicuously absent from the curriculum. While students are taught various subjects such as mathematics, science, and literature, the essential skills needed to manage personal finances often go unaddressed. This gap in education can be attributed to several factors, including a lack of trained educators, […]
Financial Planning for Your 40s: Starting in Your 20s
Entering your 40s often marks a pivotal moment in one’s financial journey. At this stage, individuals typically find themselves at a crossroads, where the decisions made can significantly impact their financial future. The importance of financial planning during this decade cannot be overstated. By the time you reach your 40s, you may have accumulated some […]
Understanding Emergency Funds and Savings Accounts
An emergency fund is a financial safety net designed to cover unexpected expenses that may arise in life. These expenses can range from medical emergencies, car repairs, or sudden job loss to unforeseen home repairs. The primary purpose of an emergency fund is to provide individuals with a buffer against financial shocks, allowing them to […]