Tag: investing
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Investing vs. Trading. Understanding the basics.
Investing involves purchasing assets for long-term growth, focusing on gradual wealth accumulation. Trading, however, is about buying and selling assets frequently to profit from short-term market fluctuations. Both strategies have distinct goals and can be tailored to meet everyone’s financial objectives and risk tolerance.
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What is an expense/budget category and how to use it
An expense category is a group of expenses within the budget that helps you gain a better understanding of your spending habits and make informed decisions about your finances.