Everyone Teaches You To Save Money, But No One Teaches You How To Spend It?
“You can make a living or design a life” To be financially secure you do not have to be an expert in finance or have a big portfolio. All you need is to understand the basics of financial planning. Some people suffer financial struggles for not bringing sufficient money, while there are others who do not spend wisely. Saving and spending money are two sides of the same coin. Saving is...
3 Things To Prepare For An Emergency Like Covid.
“It’s better late than never” The pandemic has made us realize this, isn’t it? Many people across the globe lost their jobs overnight due to a sudden economic slowdown. Many enterprises have faced an existential threat leaving people jobless. Whether billionaires, millionaires, rich or poor, no one has remained unaffected by this unexpected and unbelievable pandemic. Amongst all, the...
Things You Need To Know About Dividend.
Types of dividend To get rich you have to be making money while you are asleep! Now, by this we mean, make an investment and let it be responsible for multiplying your money. If you are looking for a regular return on your investment? A dividend is a right option for you! The dividend is a reward that companies extend to their existing shareholders ( a person, institution, or a company...
Everything You Need To Know About Asset Monetization
Since 23rd August 2021, when the Union Finance Minister, Nirmala Sitharaman launched the National Monetization Pipeline, ‘asset monetization’ has taken over the news, internet and streets by storm. Almost everyone is heard talking about the government’s four-year infrastructure asset monetization plan which will help it raise Rs. 6 Lakh Crore by 2025. While some people are appreciating...
Attain Financial Freedom in 10 Simple Steps
Financial freedom is often interpreted in many ways but the bottom line of it is to save money and to live a rich quality of life. In a nutshell, it means having savings, cash in hand, and investments that will help one to retire or pursue a dream career after it. Unfortunately, today’s youth lack the ability to attain financial freedom. They are burdened with debt. Financial attainment...
Why Higher Inflation Could Be India’s Next Big Worry?
By enhancing fiscal spending, a plethora of governments across the globe have responded to the pandemic, and of course, the central banks have increased the amount of liquidity they usually maintain. However, some nations, including India, tend to fear that expansionary fiscal and monetary policies could lead to overheating, which is likely to translate into a sharp increase in inflation...
Step By Step Process To Execute Your Financial Planning
While more and more people are proceeding towards living an over-the-top EMI driven lifestyle forcing them to live a pay check-to-pay check life, thinking about financial planning itself is a sign denoting a financially independent, secured, stable and organized future. As it’s rightly said that a goal without a plan is just a wish, all your goals related to your financial stability,...
How to check if your Financial Planning is on track
Everyone should ensure resourceful financial planning which will consist of goals, irrespective of their age, income profile, risk, and should have an asset provision. The financial plan should explain what assets to invest in and get significant exposure to those assets. Every investor should take a look at a financial plan on an annual basis which will help them to assess the validity and...
Quick tips for financial planning in 2021
Financial planning in 2021 – The year 2020 was one of such nightmares which many of us would definitely like to forget at all costs. Nevertheless, this year also taught us a lot about many aspects of life which we almost pay no attention to. In all, with the announcement of the vaccination drive for COVID-19, the year 2021 has rung a bell and has shown us a ray of hope in the gloomy...
