Make Your Money Work For You
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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 …
We need to emphasize ourselves that it is critical to design a well-balanced financial plan to fund the higher education costs of children. In this blog, we will be discussing about how we shall save for our child’s higher education. Although higher-quality education has driven children’s fees to an all-time high in the last couple …
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 …
Achieving millionaire status is not simple. For the majority of people, it seems unattainable given the widening wealth disparity between the affluent and the poor. Yet, 80% of millionaires are first-generation “wealthy,” according to management theorist Thomas J. Stanley, who analysed more than 1,000 millionaires for his book “The Millionaire Next Door”. In other words, …
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 …
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 …
Women have broken through the barrier and made important contributions in every field. Every day, they overcome obstacles and take on new tasks. In addition, they are shedding their excessive reliance on others for money and developing the means to meet all of their demands on their own. It takes a lot of preparation for …