Kid Steps to Financial Success

Life is full of surprises, and no one can predict every possible situation. No matter how well prepared we are, we will still have to face unexpected events that can greatly affect our personal finances. However, it is important that we can proactively prepare our finances to deal with these situations effectively. 1. Unexpected job […]

Retirement is an important milestone in life, marking the end of the working process and moving into a new phase of freedom. However, to have a comfortable retirement life without having to worry about finances, early financial planning is extremely necessary. Whether you are young or close to retirement age, preparing your finances properly will […]

1. Financial planning for the elderly Elderly care is not only a health issue but also a financial one. You need to plan your finances to ensure that medical, living, and health care expenses are maintained throughout the elderly’s life. The costs to prepare include: Medical expenses and regular medical check-ups: Elderly people often have […]

When you are getting married or having children, financial planning is essential to ensure financial stability in the family. Important events such as marriage or childbirth are major changes in life and will have a profound impact on personal and family finances. To prepare well for these changes, it is important to budget and prepare […]

1. Regular Health Care: Benefits and Importance Regular health care is an annual health check-up, including basic tests such as blood pressure checks, blood tests, ultrasounds, liver and kidney function tests, and other health issues. For adults, regular health check-ups help detect potential health problems that you may not have noticed. This is especially important […]

Recruitment Process in Vietnam The recruitment process in Vietnam varies depending on the industry. Some companies require candidates to participate in multiple rounds of interviews or take professional tests, while others can hire quickly. Interviews can now be conducted via video calls, which saves time and is convenient for both candidates and employers. To prepare […]

Buying a Home: A Major Financial Decision Buying a home is a major financial decision and is often one of the biggest purchases you will make in your lifetime. Before you make a purchase decision, you need to understand the financial factors involved and how they will affect your budget. Down Payment – Deposit When […]

1. Citizens’ tax responsibilities Every citizen and business has the responsibility to pay taxes to the state, which is an obligation to ensure financial resources for public services such as education, health, security and infrastructure projects. This responsibility not only helps maintain and develop state activities but also helps build a fair and sustainable society. […]

Foreign currency is the currency of another country, used in international transactions or when traveling, working in other countries. The use of foreign currency helps promote international trade and exchange between economies. Each country has its own currency, and these currencies can be exchanged and traded at banks, financial markets or through international money transfer […]

1. Introduction to Currency What is Currency? A simple and easy-to-understand explanation of the concept of currency. The role of money in everyday life. The history of currency: From barter to paper money and electronic money. The interesting story of money through the ages. 2. Popular currencies Cash: Paper money, coins and how to identify […]

1. Apartment rental market in Vietnam The apartment rental market in big cities like Hanoi and Ho Chi Minh City is currently very developed and highly competitive. Rental prices can fluctuate greatly depending on the location, area and amenities of the apartment. Areas in the city center or near industrial parks, schools, and hospitals are […]

1. Determine your car budget Before deciding to buy a car, you need to determine the budget that you can reasonably spend. Car prices can vary greatly, from cheap cars to high-end models, so consider your financial capacity carefully. In addition to the value of the car, you also need to consider other additional costs […]

Entering university is a major milestone in every student’s life, with many new experiences such as studying, living independently, and managing expenses. Budgeting for this stage can be challenging, especially for students who are having to financially support themselves for tuition, accommodation, books, etc. for the first time. Higher education and costs to consider Higher […]

1. What is tax? Tax is the amount of money that citizens and businesses must pay to the state to contribute to the national budget. This amount is used to pay for public activities such as education, health care, transportation, security, and other essential services. All citizens and businesses are obliged to participate in paying […]

When you need to borrow money from a bank or credit institution in Vietnam, your credit report will be an important factor in helping these institutions assess your financial ability. The Credit Information Center (CIC) stores and provides information about your credit history to banks, helping them decide whether to lend you money or not. […]

When you apply for credit at banks or financial institutions in Vietnam, they will assess your credit risk through a credit score. The Credit Information Center (CIC) in Vietnam stores your credit information, including payment history, debt amount, and number of credit accounts opened. This information helps financial institutions determine your ability to repay debts. […]

Credit cards offer convenience and security in payment transactions, and can help you earn rewards from spending. However, if not managed carefully, credit cards can lead to unwanted consequences such as low credit scores or hidden fees. 1. Fees to note when using a credit card Annual fee: This is the fee to be paid […]

Here are some tips to help you deal with debt, reduce interest and manage your personal finances effectively: 1. Evaluate and categorize your debts Identify your debts: Start by listing all your debts (credit cards, consumer loans, home loans, student loans, etc.). Categorize your debts by interest rate and payment period. Prioritize paying off high-interest […]

Outstanding debt is a financial problem that will become increasingly serious if not handled promptly. However, there are many ways to get out of overdue debt and improve your financial situation. 1. Credit counseling If you are having difficulty dealing with debt, financial counseling organizations in Vietnam can help you manage and resolve debt through […]

There are many different types of debt in life, and not all debt is the same. Some debt can be smart investments, such as student loans or home equity loans. These debts can yield greater financial returns in the future. However, non-investment debt, such as consumer loans and credit card debt, is often a financial […]

Living within your means may sound simple, but many people still spend more than they have, leading to debt. This is a completely preventable and gradually improveable situation. With a little planning, tracking your spending, and making reasonable adjustments, you can live happily while still living within your means. To build a more stable financial […]

In life, unexpected expenses such as car repairs, medical treatment for a pet, or replacing a broken phone can have a significant impact on your personal budget. These situations are unpredictable and may require you to borrow money or adjust your spending to deal with them. To deal with these financial difficulties, it is extremely […]

Saving is a great way to build a solid financial foundation to help you achieve long-term goals such as buying a house, educating your children, or preparing for retirement. In Vietnam, you can save through bank savings accounts with attractive interest rates, and there are flexible savings methods that help your money grow over time. […]

Saving is not only a good deed, but also an important personal finance strategy, helping you prepare for future goals: from a trip, your child’s tuition, to a secure retirement plan. However, to save effectively, you need to know what you are saving for, how long, and which form of savings is suitable for you. […]

In the modern world, where demand is increasing and the temptation to consume is everywhere, saving has become an important life skill. Saving is not just about keeping some money to not spend, it is also a way for each person to prepare for the future, deal with risks and achieve big and small financial […]

Purchasing and payment are two familiar financial activities in daily life. From buying a morning sandwich to ordering online or paying school fees, every transaction involves the process of purchasing and paying. Although simple in action, if we do not understand how to shop and modern payment methods, we can easily get into trouble with […]

Price is an indispensable factor in economic life and personal finance. From buying a breakfast item to making big spending decisions such as buying a car or building a house, everything is directly affected by price. Understanding the price of products and services not only helps us spend reasonably but is also the foundation for […]

Concept of Income: Income is the amount of money that an individual or organization receives from labor, investment, or business activities. This is one of the basic factors that helps each person maintain life, pay for essential needs, and build a personal financial plan. Types of Income: Income From Labor: This is the income you […]

Creating a family budget is an important part of managing finances and helping families maintain financial stability. However, life does not always follow the planned budget, as there are many unexpected factors that can occur. Especially when important events such as weddings, birthdays, holidays, or children’s education expenses are approaching, budgeting needs to be flexible […]

Budgeting is an important tool in financial management, helping individuals, families, organizations and businesses monitor and control income and expenditure, thereby ensuring financial stability and achieving long-term financial goals. Building and managing a reasonable budget helps to use finances effectively, avoid waste and ensure sufficient resources to invest in development opportunities. Budget Concept A budget […]

Profit is the remaining amount after deducting expenses from total revenue, and is an important indicator to evaluate the financial performance of any organization or individual. It not only reflects financial health but also determines the ability to maintain and develop business operations, as well as help individuals achieve long-term financial goals. Profit is not […]

Protecting your personal information is more important than ever, especially when you use credit cards, debit cards, and other sensitive financial information. They provide flexibility and convenience in transactions, but they also require you to take security measures to avoid becoming a victim of identity theft. Know Your Rights in the Event of Fraud If […]

Financial fraud can cause serious damage not only to individuals but also to families, organizations, and communities. To protect your assets and prevent fraud risks, everyone needs to understand the preventive measures and take them seriously. Below are effective ways to prevent financial fraud that everyone can apply. 1. Secure your financial information Protecting your […]

Protecting personal information is an extremely important issue in ensuring financial security for everyone. When your financial information falls into the wrong hands, the consequences can be serious, affecting not only your finances but also your personal reputation. With the development of information technology and online transactions, protecting personal information becomes even more important. However, […]

Vietnamese currency, with the currency unit being the dong (symbol: ₫, ISO code: VND), is the only legal tender in Vietnam. This currency is issued and managed by the State Bank of Vietnam and is widely used in all daily transactions nationwide. Types of Vietnamese currency in circulation Currently, Vietnamese currency is mainly issued in […]

Money is an important part of our daily lives, but few people know how it came into being. In the past, people did not use money but instead, they exchanged goods with each other, a method called “barter”. For example, if you have rice and want meat, you will have to exchange rice with the […]

Mobile banking is a banking service provided through smartphone applications, making it easy for you to manage your personal finances anytime, anywhere. With mobile banking, you can perform transactions such as money transfers, bill payments, account balance checks, and many other financial activities with just a few taps on your phone. Benefits of mobile banking: […]

Technology is evolving rapidly and online banking is becoming increasingly important. Understanding these new methods is not only convenient but also protects your finances. Electronic banking (EFT) is the electronic transfer of funds between accounts, which is becoming increasingly popular, allowing you to make payments and transfer funds quickly. The three main aspects of online […]

If you want to spend money without worrying about exceeding your budget, a debit card is a great option. When you use a debit card to make purchases, the money will be deducted directly from your bank account. For example, if you have 500,000 VND in your account, you can only spend a maximum of […]

Financial institutions are entities that provide financial services to assist individuals, families and businesses in managing assets, investing, borrowing and saving. These institutions can be banks, insurance companies, securities companies, credit institutions and investment funds. The main goal of financial institutions is to optimize the use and allocation of financial resources, facilitating economic development and […]