Investment is no child’s play, it’s a complex affair! Often when it comes to investing we tend to look up to people who have some knowledge of it or have done it before. The reason that we do this is because we want an assurance that we would not lose our money no matter what it is. What we misunderstand is that not every loss would really mean loss of our money.
Continue reading “Should You Run With Your Money The Moment You Get a Loss?”
Come June 17 and the world will celebrate Father’s Day! Of course, a day won’t suffice to bring to the fore what your dad means to you. However, looking back at what dad has taught you over the years in his inimitable style would help you pave your way to good financial health. Probably, the best way to make your dad happy on the occasion of Father’s Day is to let him know that you still adhere to what he has taught you. Here are five lessons your dad has taught you, and, which, you can use to attain financial freedom. Continue reading “Five Lessons From Dad You Can Use To Attain Financial Freedom!”
When is the right time to hang up your boots? Your parents being government employees never had to plan it. Retirement was something that happened to them inevitably. Times have changed. Today, you have more authority on deciding the course of your life. Let’s take a look at your life. You are in your 20’s or 30’s, you have a well-paying job and a lifestyle to match with. You work hard and play harder. Your prospects in life look bright and shiny. You are content and happy. And your plan is to retire in your fifties and go to the Bahamas once in a year, or walk your dog through the pristine beaches of Goa, or just sit at home catching up with all the reading you have missed over the years. Of course, you can do it but do you have a plan? The one that equips you to handle your financial requirements fittingly in the years when you’re just going to sit back and enjoy.
Continue reading “Things you need to prepare yourself to retire in your 50s!”
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. Continue reading “Children grow lightning fast, expenses follow suit”
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.
Continue reading “5 things that help you never run out of money”
