learn more financial habit

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

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DEBT PAYMENT

People may often take personal Debt for various purposes.

Many times people take too much Debt and fall into the Cycle of Debt.

Repaying Debt and removing the interest burden is difficult. As we know that earning sources are limited. Most of the income earned is gone to Repay Debt, and no amount is left for saving.

The best advice to control your Debt is to maintain moderate Debt compared to your income level. By taking more Debt even if you can complete your wishes, .later on it, the interest burden removes the joy of goods and services you enjoyed by taking more Debt.

So if you fall into a more Debt income cycle. The best thing you can do is

  • convert your high interest debt into low interest debt
  • reduce your expenses.
  • reduce investment
  • increase income earning source.
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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.

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SAVE MONEY TIPS

Most of the time, people think about saving money, but they cannot do it.

The best way to save money is to prepare the various budgets of expenditure and earnings. First, you have to be clear about your financial position before deciding anything else.

Whether you are spending more money or are spending less, or you are spending the right amount of money depends upon your financial position, and cash remains after the number of expenditures.

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