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Managing your finance is not a luxury for the rich, it is hygiene for everyone
If you are an investor, young or old there is no better time for you to pick up this book than right now
@HarperBusiness
Managing your finance is not a luxury for the rich, it is hygiene for everyone
If you are an investor, young or old there is no better time for you to pick up this book than right now
@HarperBusiness
Our money worries usually center around finding the best return on investment. But there is a lot more to financial fitness than just investments. We need a system and not a single-shot solution.
Why you should read this book ๐๐๐ 
Monika Halan share one wonderful idea which everyone should Try
You Should have 3 different Bank account
1. Income Account
2. Spending Account
3. Investing Account
You Should have 3 different Bank account
1. Income Account
2. Spending Account
3. Investing Account
Follow This 3 Rules
1. Your spending on living costs is no more than
45-50 percent of your take-home income;
2. Your EMI payouts are no more than 25-30 per
cent of your take-home income;
3. your savings are at least 15-20 percent of your take-home income.
1. Your spending on living costs is no more than
45-50 percent of your take-home income;
2. Your EMI payouts are no more than 25-30 per
cent of your take-home income;
3. your savings are at least 15-20 percent of your take-home income.
You should have six months to two years of living cost as an emergency fund Upto your comfortable period
Why you need an emergency fund ๐๐
Why you need an emergency fund ๐๐
There is a beautiful chapter on why you should avoid ULIP at any cost and Buy only Pure term Insurance
Also included a chapter on Why you need term and health insurance and its benefits and awareness
Also included a chapter on Why you need term and health insurance and its benefits and awareness
Book teaches us why you should invest and How to Start investing as a beginner, what you should do and don't
Why investing is tough for many
The less you understand the more you can be cheated
The less you understand the more you can be cheated
One Golden Quote I love
Equity is a slow cook, not instant noodles
Equity is a slow cook, not instant noodles
Long term investing is really works
In Mutual fund section explained about
โDebt fund and types of debt fund
โGold funds
โEquity fund
โActive and passive funds
โELSS
โIndex fund and ETF
โDebt fund and types of debt fund
โGold funds
โEquity fund
โActive and passive funds
โELSS
โIndex fund and ETF
Diversification
The last chapter is an absolute beauty, written Fabolousally
A Must read if u want to understand all about the above-mentioned things in the Lehman language
The Best beginner book for Personal Finance
Book is available in English & Hindi.
English: amzn.to/31IDUs1
Hindi: amzn.to/2QWypUx
Invest Now in this wonderful book
The Best beginner book for Personal Finance
Book is available in English & Hindi.
English: amzn.to/31IDUs1
Hindi: amzn.to/2QWypUx
Invest Now in this wonderful book
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