Make Your Money Work For You
Browsing Tag
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 …
In all honesty, the odds are stacked against you. No matter how enthusiastic you are right now to improve your life by, say, eliminating those pricey pizzas from your budget or performing 100 push-ups every morning, the chances are more actually that your resolve will fizzle out in a few days or maybe in a few weeks …
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 to …
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 …
Several economists, business executives, and other professionals think that a recession will occur in 2023 or in 2024. Battening down the gates in your financial situation is usually a smart idea during a recession. Create a solid budget, increase your cash reserve, pay off debt, safeguard your credit, and take other steps to withstand a …
Saving for your future, for your older age is one of the main reasons why you should invest. Since one day you will either be unwilling or unable to work, investing allows you to have a pool of resources or funds you can draw upon in old age. Growing our money is crucial for a …
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 …