Personal finance is the process of effectively managing assets. The main objective is to be able to see the full picture of the household finances and determine how to allocate the income to cover the household expenses. We consolidate and track all of your income and expenses, allowing for you to have a clear view of your financial situation. This includes credit cards, checking/savings, investment accounts, property, etc. Our goal is to simplify your financial life.
As you meet your debt obligations, there is also the need to create a cash reserve for ongoing financial security and unexpected expenses that may not recur each month, including household repairs, medical purposes, tax purposes, etc. After identifying all of your current debt obligations and basic living needs, the next step is to assess how much income is remaining. This is where you can begin building financial wealth. The unused income should be used to build up a savings account to set aside money for potential life changing events. You can view our Budget
An important aspect of personal finance is monitoring the efficiency of the budget and making adjustments when needed. The adjustment may be required due to an increase or loss of income or unexpected events. After you have created a budget, you may consider Forecasting the income and expenses. If you are a salaried employee, you generally receive the same amount from your paycheck (excluding pre-tax items), based on your employers pay period, whether it is bi-weekly or monthly. This follows the same concept as budgeting, but using the running balance method allows for you to fully utilize your cash while preventing timing issues and incurring additional fees.
An essential part of personal finance is planning for retirement. Along with planning for retirement, there is also the need to set aside funds that can be invested in bonds, stocks, real estate, etc. The goal is to obtain assets to generate more wealth over time. You can view our Investment page for further detail.
If you find yourself to be in very tight financial situation and feeling under water when your credit card balances reached their credit limits, we can help you reduce your debt and help with boosting your credit score. You can view our Credit Repair page for further detail.
How We Can Help
We create the financial reports including Profit & Loss, Personal Balance Sheet (include all Assets and Liabilities accounts) to calculate your Net Worth, and Cash Flow Statement. We offer tips and suggestions based on how to increase assets and reduce debt. We offer the education you need so that you know how to spend your money wisely and make it work hard for you. It's about maximizing the benefits of your hard work and learning how to make educated decisions. We are here to help you take control of your finances and to simplify your financial life.
We, at iVentures Group, are here for you every step of the way
We, at iVentures Group, are here for you every step of the way
| To simplify your financial life | Working toward your financial freedom. |
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For Your Life
For Your Career
For Your Business
Call us today to speak with a Customer Service Representative.
Tel: 1-917-617-9262
E-mail: cs@iventuresgroup.com
If you have specific questions on the services that we offer and would like to know how we can help you:
Email: questions@iventuresgroup.com
Tel: 1-917-617-9262
E-mail: cs@iventuresgroup.com
If you have specific questions on the services that we offer and would like to know how we can help you:
Email: questions@iventuresgroup.com
