These are the five ways to accumulate wealth
2 years, 3 months ago

These are the five ways to accumulate wealth

Live Mint  

Most people have a desire to create wealth for their future generation, but they rarely fulfil it. Let's understand the starting point from where you can begin to create wealth Financial stability Establishing financial stability before even starting an investing journey is necessary to keep you and your family safe. 10% of your income must be invested In order to gain healthy returns in the long term, you must invest 10% of your income in financial instruments. Settle down your inefficient and expensive debts first If you are looking forward to a financially stable life, you must stop increasing unproductive debts. Life insurance could rescue your dependents, whether it's to replace lost income, pay for your child's education, or ensure that your spouse receives the much-needed financial security.

Financial Wealth  insurance  family  create  accumulate  income  life  wealth  work  ways  financial  debts  uncertain

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Monika Halan “Don’t get taken in by get-rich-quick schemes”
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Hindustan Times  

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Live Mint  

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Want to know the secret to creating wealth? Buy assets not liabilities
2 years, 3 months ago

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Live Mint  

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How do you meet your financial goals in the absence of adequate income? Here are 4 ways
2 years, 8 months ago

How do you meet your financial goals in the absence of adequate income? Here are 4 ways

Live Mint  

With the prices of daily essentials soaring up and income being meagre, many people argue how are left with very little amount to save enough for their financial goals. Life Goals Estimated expenses every month Children’s higher education 25,000 Down payment towards the house purchase 1,00,000 Retirement Planning 50,000 This means that you must invest enough to earn at least …

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