What are the benefits of financial planning ?

The Importance of Having a Financial Plan. Creating a financial plan helps you see the big picture and set long and short-term life goals, a crucial step in mapping out your financial future. When you have a financial plan, it’s easier to make financial decisions and stay on track to meet your goals. Income: It’s possible to manage income more effectively through planning. Managing income helps … Continue reading What are the benefits of financial planning ?

Advertisements

How I can decide about investment in the stock market ?

Whenever I was about to invest in a stock or a mutual fund, I would remember things that made me feel scared. You must worry while parting with your hard-earned money, but that worry must be constructive…constructive in the sense that it must lead you to make the right investing decisions. Most of the investor … Continue reading How I can decide about investment in the stock market ?

What are things to be considered before buying the first home ?

This is my top things for you should consider before buying your first home: 1. Location Is Incredibly Important This is something you likely already understand, but I’m putting it here to re-emphasize it. Location. Is. Very. Important. Wherever you decide to live, you’re going to be commuting from that place to wherever it is … Continue reading What are things to be considered before buying the first home ?

What are the best long term investment options?

Different investments will be appropriate for different investors. In general, there are three all-time favorite options - Real estate Stocks Gold Real estate Buying real estate is about more than just finding a place to call home. Investing in real estate has become increasingly popular over the last 50 years and has become a common … Continue reading What are the best long term investment options?

What is the advice of spiritual Guru about Investor’s Life ?

In this article I am going to share the thoughts of  great spiritual master Sant Kabir Das (15th-century Indian mystic poet and saint) & Rahim Das. 1. Make Your Portfolio Meaningful *साधु ऐसा चाहिए, जैसा सूप सुभाय ।* *सार – सार को गहि रहै, थोथा देई उड़ाय ।।* When the market is on the upswing, i.e. when everybody on the street is over optimistic. After falling prey to greed, … Continue reading What is the advice of spiritual Guru about Investor’s Life ?

Why Compound Interest Is called the 8th Wonder of the World ?

“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” Those words were uttered by the great mathematician, Albert Einstein. What is Compound Interest ? Simple interest is only based on the principal amount of a loan, while compound interest is based on the … Continue reading Why Compound Interest Is called the 8th Wonder of the World ?

What are the common habits of rich and successful person ?

Financially responsible and successful people don’t build their wealth by accident — or overnight. Becoming rich takes serious willpower and long-term vision. You have to be able to keep your eye on the prize of financial freedom, be willing to sacrifice your present wants for the sake of your future and develop good habits to … Continue reading What are the common habits of rich and successful person ?

How much money you’ll need for your international trip ?

International trips should be full of fun and adventure, but nothing puts a damper on a journey abroad quite like a sticky financial situation.Your trip will run much more smoothly if you determine a trip budget for yourself (and stick to it!). So you know where you’re going and how long you’ll be there, but … Continue reading How much money you’ll need for your international trip ?

What is advice of Warren Buffett about saving and investment Habits?

How to be like Buffett How did the investor become the third-richest man on earth? With very a disciplined approach to money. Here's what we can all learn from the Oracle of Omaha. 1. Think like an Entrepreneur Buffett filed his first tax return at 13. Even as a child, he was always looking for … Continue reading What is advice of Warren Buffett about saving and investment Habits?

What is the difference between a Saving and Current bank account?

When we go for opening a bank account, one thing strikes to mind that is which account is most appropriate for us either it is saving account or a current account. Also people get confused while withdrawing money from ATM when they see the choose "Current Account or "Savings Account". They both are different type … Continue reading What is the difference between a Saving and Current bank account?