Common Financial Mistakes People Make While Planning A Wedding
A wedding is not just an occasion. It’s a celebration. A once-in-a-lifetime celebration that marks a new beginning, not just for the couple, but for both families. No matter where you go, a wedding is treated as an extravagant affair across the world. When we talk about weddings it comes with a great expense, check out these 5 Financial Planning Strategies To Save Money. While some...
What Are The 10 Common Financial Planning Mistakes?
Have you ever found yourself in a situation where despite taking all the precautions to spend your money wisely and making feasible investments, you have not seen desired results? This could be because we tend to focus on the factors that help us generate more wealth and overlook the 10 most common financial planning mistakes. These financial mistakes keep us from achieving a stress-free...
Safest Investment with high returns in India
Never depend on a single income, invest to create a second source “Warren Buffet” In a nutshell, this implies if you don’t make money while sleeping, you will have to spend your entire life working. Worried? Don’t know where to invest? Always remember the first rule of Safest investment is not to lose and the second rule is to not forget the first rule. ...
SIP Or Lumpsum Which Is Better?|SIP Vs Lumpsum
Investing in mutual funds is definitely not as simple as investing a large amount of capital and then withdrawing is once you earn profit. It involves many more activities like setting financial goals, identifying investment opportunities that match with your goals, understanding the difference between short-term and long-term investments, maintaining the required diversity in your...
Why Review Your 2021 Finances Before 2022 – FFC Ep 55
The new year is just a day away. To ensure that the coming year to be stress-free, you must review your finances. This review will help you assess how you have done with your finances in the last year, where you stand today, and the steps you need to take to set yourself up for success financially in the short and long term. Reviewing your 2021 finances will help you organize your...
How Young Investors Can Be Disciplined in Financial Life
If you want to reap financial blessings in life, you have to sow financially. To achieve a financial goal one needs to invest and this investment has to be made religiously. Young investors understand the power of investment but over a period of time, they tend to lose enthusiasm. A successful investor is one who is disciplined with his investment. You need to follow a process over and...
Tips and Suggestions for the Financial Portfolio
Just as starting to invest is like taking your first step towards a financially better future, having the right financial portfolio is like ensuring that every step you take is the right step. The general thumb rule followed by all the investors across the world is Diversification. Though no one size fits all, depending on the objective and time horizon you should plan your financial...
What Is Lifestyle Inflation & How To Overcome It-FFC ep 49
Lifestyle inflation refers to an increase in spending when an individual’s income goes up.People have a strong tendency to spend more if they have more. It creeps into more areas. You can end up spending more money than you need to (or should) on vacations, dining out, entertainment and clothing, just to keep up with the status.Lifestyle inflation tends to become greater every...
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...