The 80/20 rule, also known as the Pareto Principle, can be used in money management .It means well-rounded financial plan that covers your needs,prepares you for the future ,and lets you enjoy the present.Implementingthis strategy can help you manage your money more effective ,reduce financial stress ,and ultimately live like the top 1%.So take control … Read more
30-day saving challenge is a financial goal that involves saving money over a 30-day period. There are multiple types of 30-day saving challenges.for a month all your non-essential expenses eating out,ordering in some random subscription cut them out for a month and then see what difference it makes in your lifemost likely it won make … Read more
so that if something happens to you or your family and it requires hospitalization then you should have to pay. If from your pocket the insurance company will pay itfor this health insurance for your parents and health insurance for you must be keep separete because your parents are old their health insurance will be … Read more
something happens to you and your incomes stops or you die then your family should not be burdened with generating that incomes whatever your yearly salary is ideallylife insurance cover =20-25x of your annualy salaryfor example:annual income =5,00,000life insurance cover=25×5,00,000=1.25cr FAQs About life insurance and how much save in india Conclusion something happens to you … Read more
If your incomes stops then it takes care of your cost of living. This emergency fund atleast 6 months ideally 12 months and where to keep it ? 70% in an fd20% in your bank account10% in cashso that ,god forbid whenever if you need money you can deploy this emergency fund FAQs About Emergency … Read more
Money Management Tips refers to the stress and-free spending allow you to enjoy life without feeling guilty about your expenses.This Part of your budget can be used for activities that bring youjoy and relaxation ,such as entertainment,restaurant, shopping,gym,hobbies,vacation,clothing,housing/rent,food ,inurance,groceries, healthcare,utilities or medical, investment.By settingaside money specifically for leisure,you can including in your interest without compromising … Read more
Personal Financial Planning refers to the stress and-free spending allow you to enjoy life without feeling guilty about your expenses.This Part of your budget can be used for activities that bring youjoy and relaxation ,such as entertainment,restaurant, shopping,gym,hobbies,vacation,clothing,housing/rent,food ,inurance,groceries, healthcare,utilities or medical, investment.By settingaside money specifically for leisure,you can including in your interest without compromising … Read more
