Guide to managing your bank account

Your family’s most important financial enterprise takes place right here in your bank account. If we compare the management of our family bank account to the financial management of a business, we will emphasize the importance of managing the account as ‘initiators’ rather than ‘trailers’. A well-managed bank account gives you an up-to-date picture of […]

Budget building utilities

The budget preparation sheet allows you to spread your expenses by expense items and then define which expenses can be reduced and which revenues can be increased.

Debt mapping tool

Debt in its simple definition is a sum of money that must be paid to another. We assume that you already have a number of burdensome debts coming to mind: to the bank, to friends, to the broadcasting authority or to the cellular company. They are joined by the deferred check you gave today and […]

Are all shekels created equal?

Where is the money?

The economic thinking of the nineteenth and early twentieth centuries, was based largely on the idea of the “economic man” . According to this view, the economic person is a rational, logical creature who tries to achieve maximum benefit according to the information and resources at his disposal at any given moment.” This idea lasted […]

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