Posts

Showing posts from September, 2024
Image
  BUILD YOUR WEALTH WITH PUBLIC PROVIDENT FUND(PPF) : THE SAFE PATH TO LONG-TERM SAVINGS Public Provident Fund is India’s most popular long term secured investment scheme which is launched by the Government of India in the year 1968.   It’s aims to mobilize small savings and offers attractive return and it is also offers tax benefit. If you are looking for secured financial future or build a retirement corpus PPF is one of the best option. In this blog I am discussing all about Public Provident fund   , it’s benefits and how it is fit for your financial strategies . What is PPF (Public Provident Fund) ? PPF is a log term saving scheme backed by the Government of India. The interest which is earn in this scheme is fixed by the Government of India. It is a good investment scheme for persons who do not want to take risk. It offers guaranteed return and safety for the principal. Features of PPF i)             Elig...
Image
  GUIDE FOR BEGINNERS TO START INVEST  Introduction : Investing is the only way to achieve your financial goals.  you are saving for retirement  or purchase your own house or purchase a car or simple to look your money work for you , in all cases it is necessary to invest your money . Starting your investing journey on right foot is crucial . This blog will help you to understand the basics of investing and also guide you  from where to start your invest. To start your invest you can follow the following steps : 1.  Define your financial goals :  Before jump to the world of investment you must be clear your reason for start to  investing your money. Take some time to define your financial goals . Once you define your specific financial goal  , then it is easy for you to make a strategy for your investment . Your goal may be purchase a house or education purpose or you may start invest for your retirement ...
Image
  HOW TO MAKE A SIMPLE BUDGET AND STICK ON IT TO ACHIEVE YOUR FINANCIAL GOALS Introduction  : Most of the people cannot recognized where their money goes at the end of the month. They are struggling to manage their money because they do not have a specific financial plan. To control your money and achieve your financial goals it is necessary to make a budget plan and it is  most powerful tool to  achieve your goal. In this blog I am discussing step by step to create a simple budget: 1.     Set up your goals:  Your first step is you should be set your financial goal, without specific goal you cannot achieve your goal, so at first you should set your financial goal. You should mention for what purpose you save the money, the purpose may be for retirement, emergency funds, vacation , debt payoff etc. Mention that whether your financial goal is short term or long term, it will help you to stick on the budget. Your long ...