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1/5
Some pointers on #PersonalFinance
1) Highly #subjective - depends on earnings,savings & lifestyle. Don& #39;t clone approach . Take professional help, if needed.
2)Focus primarily on #skillsets in early years.Automatically #earnings increase. Big salary ,bigger savings.
Some pointers on #PersonalFinance
1) Highly #subjective - depends on earnings,savings & lifestyle. Don& #39;t clone approach . Take professional help, if needed.
2)Focus primarily on #skillsets in early years.Automatically #earnings increase. Big salary ,bigger savings.
2/5
3) Start #saving early on .
4) Incremental savings must be more than Incremental earnings.
5) Avoid #debt . But if necessary plan well & repay it early on . Beware of snowball effect.
6) Avoid instant #gratification. A lil& #39; self restraint goes a long way in saving up .
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3) Start #saving early on .
4) Incremental savings must be more than Incremental earnings.
5) Avoid #debt . But if necessary plan well & repay it early on . Beware of snowball effect.
6) Avoid instant #gratification. A lil& #39; self restraint goes a long way in saving up .
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3/5
7) #Leveraging is disastrous . Not advisable .
8) #ConcentratedPortfolio can backfire big time . Makes sense to go in for a diversified one.
9) #AssetAllocation is equally important .
10) #CreditCards if used sensibly are good ,else disastrous. Educate yourself.
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7) #Leveraging is disastrous . Not advisable .
8) #ConcentratedPortfolio can backfire big time . Makes sense to go in for a diversified one.
9) #AssetAllocation is equally important .
10) #CreditCards if used sensibly are good ,else disastrous. Educate yourself.
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4/5
11) Buying cash back policies only helps the insurer.
12) Compulsorily keep #EmergencyFund of a year& #39;s expenses in F.D .
13) Transfer part of salary the day it is credited to emergency funds & investment . Manage with rest.
Save first, spend balance.
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11) Buying cash back policies only helps the insurer.
12) Compulsorily keep #EmergencyFund of a year& #39;s expenses in F.D .
13) Transfer part of salary the day it is credited to emergency funds & investment . Manage with rest.
Save first, spend balance.
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5/5
14)Keep #app to track expenses
15) #Study basics of finance. If you don& #39;t take interest, NO ONE can help you.
16)Keep #topping up Emergency fund each yr with increase in expenses.
17) LIVE life as well. Don& #39;t get caught up in ONLY saving money
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#InvestmentPointers
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14)Keep #app to track expenses
15) #Study basics of finance. If you don& #39;t take interest, NO ONE can help you.
16)Keep #topping up Emergency fund each yr with increase in expenses.
17) LIVE life as well. Don& #39;t get caught up in ONLY saving money
#InvestmentPointers
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https://bit.ly/3eQJQoj
The">https://bit.ly/3eQJQoj&q... link to the blog on - 4 hygiene factors to be in place prior to entering markets ideally .
#personalfinance
#InvestmentPointers
#investors
The">https://bit.ly/3eQJQoj&q... link to the blog on - 4 hygiene factors to be in place prior to entering markets ideally .
#personalfinance
#InvestmentPointers
#investors
