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Good Money Habits for a Good life full of Money, Health and Positiveness Do read Amazon Best Seller DON'T RETIRE RICH
If you listen to the business channel all anchors appear great experts on advising viewers but personal finance is more about Personal than Finance.
Business Channel is for Traders not for Investors.
Thought of the day:
Without a saving faith in the future, no one would ever invest at all. To be an investor, you must be a believer in a better tomorrow.
Wishing you a fabulous *FEBRUARY*, Budget this month in such a way that each day of the new month bring lots of happiness, peace and prosperity to you and your near and dear ones.😊
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*WEALTH WISDOM*
“Keep your eyes on the price when spending,
don't regret later to find that you have nothing for tomorrow.” ―
Auliq Ice
#WealthArchitect
#Wealthyhabits
#SrikaviWealth
https://wealthyhabit.in/2021/01/22/reverse-mortgage-the-golden-walking-stick-for-your-old-age/
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Then consider Reverse Mortgage
For the best of ideas on where to invest to create Mountains of Wealth
join
WEALTH ARCHITECT
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If you are looking forward to the weekend to escape from work week after week....you are doing something seriously wrong.
Build a life that you dont a Weekend to Enjoy but can enjoy every single day.
Inculcate #WealthyHabits so that you #DontRetireRich but #Fire and #RetireWealthy by following a True #WealthArchitect
No one has ever won a game of chess by moving forward alone..
Sometimes you have to move backward to get a better step forward..
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Buy the damaged STOCK, not the damaged COMPANY.
-Jim Cramer
#WealthyHabits
BEFORE INVESTING KNOW THIS...
When onions are priced at Rs100/kg in the market, would you march up there and buy 10kgs one stroke ?
even if your wife urgently needs it ?
You would perhaps buy 1 or 2 kgs, and tell your wife to manage the kitchen for the time being.
Always stagger your investments!!
Act like your future self is a real person. So when you see a chore that needs to be done, you can say “I’ll do this now to be nice to my future self”.
Helps motivate you to get things done because you’re doing work for someone you want to help.
Rich people plan for three generations,
Poor people plan for Saturday Night
#WealthyHabits
Pdf books,
Audio books
and more...
all FREE in the best BOOK sharing channel
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Thought for the day…
A goal without a plan, is just a wish.
WEALTH WISDOM
“The money you make is a symbol of the VALUE you create.” ―
Idowu
WEALTH WISDOM
Don’t worry about whether you’re naturally good at money.
Focus on making yourself artificially good with money,
because it gets you to the exact same result !
#Wealthyhabits
#SrikaviWealth
#WealthArchitect
Find out what you are passionate about. Make your passion your goal. Let your goal drive your day. There won’t be a single day of despair or gloom if you do this. Be the master of your destiny. Live life for things that you believe in.
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https://paper.li/f-1577703458#/
the WEALTHY HABITS DAILY Newspaper
“Rome cant be built in a day”
Same thing applies to your wealth too. In this fast changing world, everyone expects everything to happen quickly and reacts quickly.
One thing which cannot change is “Slow and steady wins the race”.
In your childhood, you would have heard the race between Tortoise and Rabbit.
Rabbit will move ahead and sleep as it covered large distance. Tortoise will slowly and steadily marches ahead and wins the race.
SIP in mutual fund is like Tortoise winning the race. You can start a SIP and just forget it. In the sense, don’t react to market movements very often. Monitor once every 3 months or 6 months to gauge the performance.
As some of your goals like kids education, kids marriage, retirement are all for long term, you need to wait till your goal of final planned amount is reached.
If investing and making money is easy, everybody would have jumped in this SIP mode and achieved the results. You need patience to create wealth and hence the challenge of less participation.
Do you have patience ?
https://paper.li/f-1577703458#/
The WEALTHY HABITS Daily
It's better to be
Blind and Kabil
rather than being
Raees and an Underworld don.
"Always bear in mind that your own
resolution to succeed is more
important than any other one thing."
*_"There are Three (3) Pillars of Successful Equity investing..._*
*1). Descipline*
*2). Patience*
*3). Luck*
_*If you have first two, Luck has No Choice but Oblige."*_
*_- Prof Mayank Joshipura_*
Out of your salary, only withdraw 25% for each month & do nothing for remaining 75%. do this for next 9 months & try to live within your means from that 25%.
If the person can pass this test, S/he ‘ll become a successful investor & can create a good wealth over the period. all the financial Gyaan can be given later on.
This 9 months’ test ‘ll check the discipline of the person & ‘ll decide the future there itself.
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News, tips, guide on INSURANCE from Experts across India
Research shows that most successful people set goals and know where they are headed. They develop plans and activities that help them to achieve these goals.
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equated monthly instalments (EMIs) of all your loans out together, should not exceed 40 percent of your take-home pay. And this includes all types of borrowings: home, vehicle, education and personal loans. Your personal EMIs would anyway be higher proportionately because personal loans come with high interest costs – around 16-18 percent.
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Is all debt bad?
Yes, but some are necessary at times. A loan availed to buy a house to live or an education loan helps you either build an asset or a good future for yourself.