FINANCIAL HABIT

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FINANCIAL AWARENESS

Many people have little financial awareness about various financial planning tools and important of income and expenses planning.

Many times we do plan for our finance verbally and not with proper documentation.Documentation of planning motivates us for achieving various goals and also have map for achieving our objectives.

Use our various tools for your financial planning.Be more aware about your finance and be more active in education about finance.

PERSONAL FINANCIAL WEALTH

Maintain personal financial wealth is more important to have good peace of mind.People who have good financial health have good quality of life.

Basic rule of finance is earn more and spend less and create more saving and investment to have better financial resource available for completing various wishes

Creating Wealth with saving and better investments is easy and time taking task.

People often ignore financial data while wishing things .After various experience they realize importance of checking various financial need and goal and effect of unplanned financial goal .

Credit Card Management

We are using credit card frequently.We use for shopping,buying various services ,pay our electricity bill and even use for payment to various services providers

Join our membership to help you to manage expenses of credit card whether it is highly use or you are using it proper way.

MAINTENANCE COST OF ASSET


EVERY ASSET HAS COST ASSOCIATED WITH IT .MANY ASSET HAVE HIGHER COST OF MAINTENANCE THAN OTHERS .

MANY TIMES WHEN WE CALCULATE HIGH INCOME FROM INVESTMENT FROM ASSET WE OFTEN FORGET ABOUT COST OF MAINTENANCE.

REAL ESTATE OFTEN REQUIRES HIGH COST OF MAINTENANCE IF NOT MAINTAIN FROM TIME TO TIME .

HIGH COST ALSO REQUIRES HIGH EARNING CAPACITY TO BEAR HIGH COST .

PRODUCTIVE USE OF ASSET GIVE ABILITY TO CRATE GOOD QUALITY OF ASSET WITHOUT MUCH FINANCIAL TROUBLE.

CALCULATE COST OF MAINTENANCE OF ASSET BEFORE BUYING ANY ASSET

BUDGET

Budget calculations is one of most important things to do for managing your personal finance.

Preparing yearly monthly and daily budget before making any big or medium financial decisions is good habit .

While preparing budget is tedious and time taking work but by doing so you can easily make priorities of your goal and allocate financial resources for that .

Without budget you are not able to know from where money come and what are our priorities.

We can’t ignore our basic financial need like food ,water and medicine and various tax and insurance responsibilities while preparing budget

EMERGENCY FUND AND RESERVE

Financial position is very difficult to predict and depends upon lots of factor .People often make big investment and buy big assets without creating EMERGENCY FUND or reserve .When emergency arises people get confuse whether to break investment or sell asset in difficult time .

Basic rule is that first some money should be kept in bank account for any type of emergency and after that you should make investment or buy some asset.