WHY YOU ARE NOT RICH???????????
Many people are in the world
there income is high but they are not rich because lack of discipline,
lack of knowledge about investment decision, not aware about the investment planning. Generation to generation middle men is middle men because they not take a risk.
lack of knowledge about investment decision, not aware about the investment planning. Generation to generation middle men is middle men because they not take a risk.
Financial planning is
bridging the gap between rich people and poor people.
Given the point below
why you are not rich???????
·
SAVING
-
Many people earn much money but they don’t
have saving habit of money.
Save 20% to 30% of their income. After 15
to 25 year we will have enough money to complete over desire.
·
Unwanted
loan-
Create a asset not liabilities many
people purchase a car by lone. Car is a asset but car value is depreciated
every year. Many people think home is create a asset but residential home
create a liabilities. If you taken a loan remember a think asset create a
wealth not depreciate asset. If you are paying EMI you are not doing saving
·
Medical
cover-
If you are not cover health insurance of
your family and itself it is not good for you. your saving money collapse in
medical treatment.
·
Expenses-
Quotes of warren buffett “If buy things you
do not need, soon you will have to sell things you need”. So don’t vest money
for baying unnecessary thing.
“Chains of
habit are too light to be felt until they are too heavy to be broken”
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