08/06/2020
Hello everyone!
After a big break, we are back with a bang and something new. Making money is everyone's favourite hobby but how to make it, is not everyone's cup of tea. There are many ways of making money. Stock market, FDs, MFs. Taking advantange of this pandemic period that is leisure time we can learn in every situation how to make money. Soo here we are with a quite simple household method of making money.
I have learnt this method from the undisputed king of stock market Mr Warren Buffett. In short about him, Warren Buffett is an American Investor and a business tycoon with an estimated net worth of 88.9 billion dollars. He said an amazing thing that by saving money for 24 days with an lumpsome addition for every coming day can make you rich. Which is a better way to be rich in any pandemic times?.
Sooo, the next coming post will explain you, how the 24 days plan actually looks like!
Stay tuned!
27/05/2020
What is financial planning?
Financial planning is one of the most important and to do thing in our day to day life. Financial planning means a comprehensive evaluation of an individual's current pay and future financial state/monetary goals using current know variables to predict future income, asset value etc.
Basically, it is a process of meeting your financial goals or dreams through proper management of your finance. This involves taking certain important decisions do that funds are continuously available to the company and used efficently.
3 stages of financial planning & success!
-Man at work.
-Money and man at work.
-Money at work and man counting it.
The above text gives us the core meaning of financial planning and helps us to understand it.
24/05/2020
What is finance?
Hello everyone!
Today everyone wants to know what is finance. Every one is eager to know how the circle of money works. So lets discuss this.
The word finance is derived from Latin word finis and French word fin for fine which means both payment and ending. Finance is the management of money, particularly in relation to companies, organisations, or governments. Specifically, it deals with the questions of how an individual, company or government acquires the money needed called capital in company context.
In simple words, finance is a study of how people, businesses and groups make use of money according to their needs.
So according to us finance means proper use of money as per our needs.
