It is very important to know rightly for every individual what should be the phases of life. If you get to know in the right age then living life will be much easier and more meaningful. Many people after the age 60 to 70 are saying now they understand the real meaning of life but if they get to know at an early age then they can enjoy life with happiness & satisfaction and their life will be more enjoyable. Before knowing the phases of life few things we need to understand. What is the average duration of life? In India, the average duration of life is around 85 years. Now in these 85 yea ..read more

Before starting this blog we need to understand a few things that we have read in my previous blog “What is the difference between Financial Security and Investments”. We understood well that what is the difference between financial security and investments. Let’s re-memorize two main things which we have learnt…. Only secured investment schemes can create real financial security. The money or monthly income required to sustain your basic needs is your financial Security. Most people presume that whatever investments they are doing, all are their financial security but the fact is only your ..read more

As a normal person other than accounting background people, we need a simple investment tracking system in which by just feeding data of investment, it should give clear picture of our personal finance. Let see what feature it should have?………. 1. It should records each and every investment details including cash, paper investments, online investments, real estate, gold, investment made in business venture or start-up……every single saved n invested money by you. 2. It should show the details like scheme type, institution, account no., account holders, amount, maturity amount, duration, inter ..read more

Most of us are very much concerned about our future security, especially in terms of finances or money. Due to this fear of security, most people are saving money for the future so they will not face any financial crisis. To enhance financial security, people are saving more and investing in different investment options available in the market like Fixed deposits, Equities, SIP, Mutual Fund, Post Office Schemes, Insurance policies, Bonds, Real Estate, Crypto, star-ups, business and so many other options to enhance money so they can financially secure themselves and their family. But are these ..read more

In this world, most of us are running behind to get success, recognition, respect, fame, power and money. To get these, we are making our best efforts in life and doing all the things that can help to get these all. If you look closely, the main objective is to get happiness in life. But are we really getting happiness? Why it is happening? Starting from childhood society is teaching us to chase and get the things in life and we are chasing and running behind the things blindly. Recognition, respect, fame, power and money nowadays become indicators of a successful person which largely makes hu ..read more

We are earning money by our mind and hard work. We are spending this money for disposing of our responsibilities, entertainment and the rest we are saving to invest in different types of schemes and buying assets like houses, lands, plots, jewellery, etc. But we are not keeping the records of all our investments. We are only keeping hard copies of the investment certificates randomly like Passbooks, FD certificates, Bond Certificates and many such documents in one place. If these investments are very few then it always at our fingertips but as these increases during the course of time and we g ..read more

Now a day smartphone has become an integral part of our life. It has mixed up within us in our lifestyle in such a way that we are feeling that we cannot live life without it. It’s become more like a necessity and now converting into an addiction. First, let’s understand the origination and purpose of mobile phone The mobile phone was created to connect one person to another person located at a different location by voice call across the globe without wire. People were using mobile for very limited uses which were restricted to important talks and communications only. As the call charges for b ..read more

You wanted to live your life the way you want? If yes, then read this entire article carefully. How you can take control of your life? Everyone is working to get respect in society which can be achieved by 1-recognition, 2-fame, 3-power and 4-money. If you want to work on these then your life will be more powerful and you can lead your life the way you want. Your prime aim should be to get recognition and live life with ease and comfort so first start with 4-money which makes the foundation to build 1, 2 & 3. 4-MONEY To live a powerful life, make you financially strong. The four most power ..read more

We all want to live life as per our wishes but after disposing of liabilities hardly we left with money that we can spend on us to live life with freedom. If we are really serious about this freedom in life then “Financial Literacy” is one of the ways by which we can achieve freedom in life, especially in terms of finances. This financial literacy is very much necessary for people who are earning money and taking care of the liabilities of the family. And if you are practicing from a young age when you start earning then it will work for you the best. Even at a later age, this will help us to ..read more

Time is just running out of hand and we are not able to find how we can control it. As time is passing, one more day is adding to the age. This loss of one day without utilising for meaningful work is like killing the time. Many of us are not realising what we are losing, as time is keeping us engaged with liabilities and beyond liabilities, we are not thinking. To live a meaningful, healthy and joyful life, one should think out of the box. It is a must otherwise whole life will get flew away disposing only of responsibility with routine life. From where I should start? First, arrange time for ..read more