The Power of Self-Discipline in Wealth Creation: How to Achieve Financial Success In pursuing financial success and wealth creation, one often comes across the concept of self-discipline. It is a trait consistently linked to achieving long-term financial goals and effective money management. But what exactly is the relationship between self-discipline and wealth? How does self-control […]
Amrit Kaal: The Path to Becoming the 3rd Largest Economy India has been in the spotlight for its ambitions to become a global economic powerhouse with remarkable growth and potential. The country aims to become the world’s third-largest economy. However, this path has its challenges. Prime Minister Norendra Modi introduced the term ‘Amrit Kaal’ during […]
Do you need asset allocation? If you are planning to invest your money, it is vital to understand the concept of asset allocation. In investment terms, asset allocation is a strategic approach that divides your investment portfolio among asset classes such as cash, bonds, stocks and real estate. The main objective of asset allocation is […]
Why You Should Remember Your Goals and Asset Allocation In investing, success is not solely determined by luck or chance, as many think. It results from careful planning, strategic decision-making, and a clear understanding of one’s goals. Two key components crucial to achieving investment success are goal setting and asset allocation. Your investment goals serve […]
Mastering Money Mindset The way you think about money has a significant impact on your financial success. Suppose you, a Gen X, millennials or Gen Z, always have a positive money mindset. In that case, you will likely make wise financial decisions and take actions that lead to wealth accumulation. On the other hand, someone […]
Knowing Your “Why” Before Seeking Financial Advisor Help When it comes to financial planning, many people focus solely on the numerical aspects – such as how much money they have, how much they need to save, what investments they should make, and how much financial planners charge in fees. While these factors are undoubtedly important, […]
Knowledge and trust which one is important when taking financial advice Reliable financial advice has become increasingly crucial in today’s fast-changing market situations or complex financial schemes. Whether you want to secure your financial future, seeking professional guidance is essential. This introduction will explore the importance of financial advice and highlight why it is vital […]
Why is it important to check the claim settlement ratio when purchasing life insurance? As usual, I was reading the Odiya Daily Newspaper after my morning walk today. Recently, a life insurance company branch faced legal action in Odisha for failing to provide claim settlement money to a family. Due to a court order, the […]
Have you ever wondered why it’s called “Personal Finance”? In today’s fast-paced and ever-changing world, understanding personal finance has become more crucial than ever. But what exactly is personal finance, and why does it matter? Personal finance includes managing an individual’s financial resources, including income, expenses, savings, investments, and debt. It encompasses our decisions and […]
Latest Post Office Small Saving Schemes Interest Rates for Oct-Dec 2023 | Q3 of FY 2023-24 The National Savings Schemes are a range of government-backed savings options highly favoured by many Indians seeking secure investment opportunities. The Ministry of Finance monitors and regulates the schemes, guaranteeing investors peace of mind. NSSs are an excellent option […]