Posts

Showing posts with the label mutual funds personal finance

Personal Finance Hacks

Image
  Personal Finance Hacks Invest in yourself Invest your time, money and energy that support your financial growth.  Upgrade yourself. Start investing early When you start early you have a longer time to build a corpus. Early investment leads to compounding returns. Make a budget It is a plan to decide how much you will spend your money each month. It helps you to see where your money is going. Keep debts away Live a debt-free life for mental peace. This debt-free life will give you the bandwidth to take new financial responsibility. Build a contingency fund An emergency fund is a key component of good financial plan. Ideally, you should keep aside the amount equivalent to at least 6 months' expenses as an emergency fund.