“A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life” ~ Suze Orman
When it comes to insurance, ‘the sooner the better’ mantra acquires great relevance. So, without wasting the precious time, let’s come to the point. And, mind you, it’s not even about ‘should you insure or not? The question ought to be what are the insurance policies you need? Once you ask yourself the question, a foundry of questions will spring forth. Like what should be the insurance amount, the tenure, and so on. There’s a spectrum of policies that you can pick from today but the most important one is still the Life Insurance.
Continue reading “Things you should get right while buying your Life Insurance”
You still remember the day when you held your bundle of joy in your hands. You were in tears, of joy. Today, your child is your life. You come back home after a tiring day at work. But your little one’s smile cheers you up instantly. What joy it is to have a child around! Of course, you have plans for him/her. But are they concrete? Have you charted the plans considering the uncertainties tomorrows could hold? Is your answer a confident yes? Or a casual shrug of the shoulders is all you have for one? Whatever the case may be, here are a few points that would help you get the bigger picture. 
You have just started earning and are super excited about this monthly amount that is entirely yours to spend. We all have a list of things we want to do with ‘our own money’. Like, buy that expensive gadget, shop for our parents, siblings, buy that expensive gift for the boy/girlfriend and treat our friends. With your first paycheck also comes the first financial advice from your parents – ‘budget your income’ and ‘save for the adverse times’. Let us see below how making a budget and saving for the rainy day along with some other tips might help you live a financially secure and fulfilling life even if you feel your earnings are meager.
