Make Your Money Work For You
‘Broke Millennial’ (2017) is a sensible personal financial handbook meant to assist cash-strapped individuals in their 20s and 30s in planning for the future. Complete with easy-to-use yet powerful advice, this book will help you quit barely getting by and begin to prosper both personally and financially. This book’s author, Erin Lowry, is based in …
Inflation is still a contentious problem that has alienated everyone from central banks to people due to its erosion of value and depletion of savings. The vast majority of people attribute excessive inflation to external factors such as supply chain disruptions brought on by the geopolitical events surrounding us, which shook the world’s markets. Unreasonably …
Balanced Hybrid mutual funds are mutual funds that invest across multiple asset classes. They are usually a mix of equity and debt assets, although they may also include gold or real estate. Because of their portfolio diversity, balanced hybrid mutual funds have grown in favor among investors. By investing in asset types such as debt …
Every parent wants the best for their kid, including financial freedom. This is why parents in India fund their children’s higher education and wedding. Despite having strong academic backgrounds in their respective fields, many children struggle financially. This blog is a good read for parents who are trying to teach their kids about money and prepare them for …
The majority of us strive for financial freedom during our working years. In actuality, having a solid strategy in place is the only way to fulfil your aim to become self-sustaining financially. Although the term “financial freedom” may have different meanings to different individuals, it is simply a condition that is attained when a person …
‘I Will Teach You to Be Rich’ takes a firm stance on prudent banking, saving, spending, and investing. The book emphasizes that you do not have to be a pro to get wealthy. All you need is a strategy and a few techniques. The author, in this book, teaches you the importance of saving as early …
Before even starting this blog article, I would like to give a heads-up on how did I arrive at this figure of Rs. 50,000. In India, the median average income is Rs. 5 lakhs per annum. This arrives at approx. Rs. 50,000 per month. Hence if a person gets one month salary as his annual …
Calculating the worth of your time is both intriguing and valuable. Financial independence provides you with alternatives and choices. But without time, that is meaningless. Time is a valuable asset that should be used carefully. However, even if this question is straightforward, coming up with a meaningful answer might be difficult. It won’t assist you much …
Which one would you pick if I asked you – 1 crore rupees at start of the month or 1 paisa that would double every day for the following 31 days? Yes, you read that correctly. It’s not one rupee, but one paisa – 1 paisa, which doubles every day. So if you get 1 paisa …
When it comes to investing, there are some important points that we need to keep in our mind. These are not the points to keep in mind only while investing or only while starting our investment journey, but should be remembered by us all along our investment journey (in fact all along our life). I …