Emotional Spending - How it Destroys Your Wealth

Emotional Spending – How it Destroys Your Wealth

Shopping has become a hobby for most people in the last decade. The advertisement industry is now completely focusing on people towards Emotional spending and ultimately spoils our financial planning. The advertising agencies invest a huge amount on how to attract young people age 20-40 and live with those products they want to sell. Have …

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GOAL BASED INVESTMENT

    After the 2008 great recession, many financial advisors shifted their clients towards goal-based investment. This type of investment made a clear idea for investors. On what they are investing and what is the expected outcome. The goals may differ, but the investment for a particular goal makes it achieved and made investors happy. …

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Financial Literacy For Kids

Financial Literacy for Kids

Financial Literacy is meant to be an education on financial planning and management. This is equally important as graduation. Why we plan to make our children a graduate. To get a job right. The ultimate result is income (Finance). Total humanity requires income, for which education has become an investment nowadays. Hence, financial education is …

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Monthly Budget Planner

    Every big thing is achieved by the small beginning. So, to build an empire in financial stability, your monthly expense management will be the root cause. Managing monthly expenses is an art of financial planning.   Have a Proper Monthly Budget Planner: This might be surprising, as we recommend writing the monthly budget. …

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HOW TO CREATE A RETIREMENT CORPUS – ENJOY YOUR RETIREMENT

  In our previous topic on Retirement planning, we have got a fair idea of how important is retirement planning, also we have calculated the required corpus while we retire. On average, we required 3-5 Crores as corpus while we retire to live till age 75 (average life expectancy in India), before retiring, we should …

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RETIREMENT PLANNING – PERSONAL FINANCE – USING CALCULATOR

The most important lesson in personal finance planning is retirement planning, It’s not always how much we earn, rather how much we save is more important. Throughout our series on financial planning, we have stressed a lot on savings to come prior to expenses. As we discussed in our topic on Home Loan, we have …

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