“Commitment always precedes achievement”. Can you and I achieve anything in personal finance without having a true commitment towards the financial plan and goals? How commitment works in achieving your financial goals? 1.Financial Thoughts: As a first step, you need to think in your mind and heart about your financial goals. This thinking needs … Continue reading How committed are you towards your financial goals?
Preparing to meet Not revealing everything about your past life may or may not affect your married life or job prospect. However, being secretive and shy about your physical and financial health while consulting a doctor or a financial planner, will affect your daily life for sure. Visiting a financial planner, for the first time, … Continue reading A Complete Checklist for your first meeting with the Financial Planner
“A dream is just a dream. A goal is a dream with a plan and a deadline”, says Harvey Mackay. This quote is inspiring and is very appropriate for all of us who have financial goals to achieve in our lifetimes. Mere sailing along or coasting does not help us to reach our destination. Purpose, … Continue reading 5 tips to Hit the Right Track to your Financial Goals: Coasting to Cruising
Taking the decision Deciding to give birth to a child is a momentous one in the life of would-be parents. It is therefore not without reason that nowadays we talk about planning for a baby. A lot of things need to be carefully considered before the child comes into this world. Planning includes the entire … Continue reading Eight financially enlightening things when planning for a Baby
The Link between Financial Planning and Happiness We know that money can’t buy everything. Abstract things like love, happiness are beyond money. However, psychological research in recent times has come up with certain interesting facts which will force us to refine our understanding about the relationship existing between money and happiness. The interpretation of the … Continue reading The Research Reveals the relationship between Financial Planning and Happiness
What do sportsmen like Lionel Messi, M S Dhoni, Tiger Woods, Serena Williams and Novak Djokovic have in common? Well they lend value to the country, club or team which they are associated with. It is their skill set which help their respective teams win and rise above the ordinary. This worthiness is in essence … Continue reading Can Low Cost Providers Offer the Best Financial Planning Services?
The Process of Learning Which is the best way to learn the lessons of life? There are two ways to learn the essentials of life. The first is by going through the process of structured training and education. The second is about learning hands on, making mistakes and then understanding the dynamics and processes of … Continue reading Five Frequently made Financial Planning Mistakes and how to avoid them
Warren Buffet’s mantra is very different from what most people follow. Instead of saving what is left after expense, he advocates spending what is left after savings. No wonder he is considered to be an expert in his field. This article dwells upon the need to use discretion after receiving a lump sum payment and … Continue reading Why your annual bonus or lump sum arrear is not increasing your net worth?
The Keep or Kill Dilemma To keep or to destroy? This is a question which all of us face when we sit down with unsorted papers, bills, credit card statements, insurance premium receipts and a plethora of other papers. Deciding which papers need to be kept, and which ones are for immediate disposal, can prove … Continue reading A fool-proof guide to Financial Document Preservation: Keep or Kill?
Today we are flooded with a lot of information, much of it is useless since it does not meet our investment needs. Whatever is relevant, may not always be comprehensible, so we are unable to derive benefit out of it. We begin by asking the following questions: Knowing individual needs i. What to do when … Continue reading 3 Simple Suggestions for Superior Wealth Creation