how to maintain financial independence in a long term relationship
have three separate bank accounts one per individual and one combined deposit a shared decided amount into the common account this way each individual can spend without spending gu
what to do with your money during volatile times ?
has your investing time horizon changed ? are you still investing for short , medium or long term as before ? are you more averse to risk now than before the volatility ? then inve
financial advice for parents with young kids
save for future education costs – either through a SIP ( systematic investment plan ) or a lump sum ( if you have it ) you can invest on your child’s behalf – and
do these things to be financially successful
stay away from loans and credit cards if you don’t understand the interest calculations avoid eating outside your home – good for health, great for the pocket learn to
some retirement mistakes to avoid
saving too late not making a financial plan missing out on free money in the form of retirement match from your employer bad investing strategies not balancing your portfolio using
how the 50-30-20 budgeting rule can help you in retirement
the rule is pay yourself first allocate 20 % of the income from salary / business towards retirement / paying down debt then next 30 % towards wants – shopping , entertainmen
what are mutual funds ? what is nav – net asset value ? all you wanted to know about mutual funds …
mutual funds are basically companies that pool money from a group of investors – individual or corporate you can invest in mutual funds either a lump sum or a systematic inve
yolo ( you only live once ) generation – what are you missing out on ?
yolo generation – You only live once – lives today , not saving for the future what they lose out on …. money — by not saving it for the future – the
some moves that made selfmade millionaires rich
they were being under-utilized they had toxic bosses they dreaded their office culture they were not getting paid enough / getting good hikes they had a bad commute to office their
do’s and don’ts of investing
Do save as much as you can consistently from an early age. Compounding works best when you start early. Do have an emergency cash reserve to cover 6–9 months of expenses before y