Make Your Money Work For You
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While most Indians are financially unprepared for retirement, many are unaware of the gravity of the situation. In a recent poll, just 20% of respondents said that real retirement planning should begin before the age of 30. On average, respondents surveyed were unable to visualize the retirement corpus that they would need at the time …
Just to start with a disclaimer here, I am not a proponent of a credit card. I do not recommend people to buy credit card, as I am of the old-school follower that spend what you have in your hand, and do not spend by borrowing or taking credit. But the main objective of this …
A joint account is essentially a shared bank account between two or more persons, with most banks permitting up to four joint account holders for a single joint account. It has various advantages, one of which is that it provides simple access to money via debit cards and internet banking. It also streamlines bill payments …
Let’s be honest, improving your Financial Life isn’t always easy. No matter how motivated you are to cut those pricey pizzas from your budget or commit to daily workouts, your enthusiasm might fade in a few days or weeks (I’m being optimistic!). Yet, we continue making resolutions, striving for a better life. Take Charge of …
Do you spend hours crunching figures before making a big financial decision? Do you let spread sheets define your route to financial success? Are you using a set of guidelines for navigating your personal finances? Or do you let sentiments and other non-financial factors influence your financial decisions? If you’re looking for a unique way …
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 2017 book “You Are a Badass at Earning Money” provides a novel and fascinating viewpoint on what it takes to make a lot of money. You must develop your mind-set and comprehend the power of money if you want to become a master of money-making. Quit making excuses and giving yourself the false impression …
Many of us would have faced economic slowdowns in their lives. Many economists, business leaders, and experts predict economic slowdowns: some happen, but some do not happen. Strengthening your financial position is crucial during such times of economic slowdowns. Build a solid budget, boost your cash reserves, reduce debt, protect your credit, and take proactive …
Investing money is a smart way to secure your financial future and achieve long-term goals. It not only helps in growing wealth but also in beating inflation, ensuring your hard-earned savings don’t lose value over time. Saving for your future, for your older age is one of the main reasons why you should invest. Since …
Let’s start by defining what “frugality” is. Frugality is the attribute of being modest, thrifty, cautious, or economical in how one uses finite resources, such as food, time, and money, and how one avoids wasting anything by going overboard. It involves the prudent management of financial resources in particular. Frugality is characterised in an economic sense …