Educational thread: 6 Bad Financial Habits you should Avoid at all costs! Read and share:
1. Biting off more than you chew: While loans, credit cards ease your financial burden at the moment, piling them up is never a great idea. If this is your case, investing will be a distant dream.
2. Bad credit score: Most Indians are unaware of how credit scores are calculated. Even simple things like not paying bills, late payments can reflect adversely on your credit score. This can backfire in your future, if you apply for loans.
3. Treating credit cards like free money: A huge bank overdraft is never a pleasing sight. If this is the case, you will end up with zero savings from your salary. You will have a tough time paying debts and regular expenses. Avoid at all costs.
4. Not investing: Idle money is never a good idea. The problem with Indians is most of us never see it as an opportunity to invest. India has a large number of investment options for all types of investments: Low risk and High risk.
5. Not disciplined enough: Financial Habits are like a marathon. If you are not consistent, you cannot win. Invest regularly, keep track of your investments, find out more about the changing Financial landscape on a regular basis.
6. Not increasing your wealth potential: If your primary income isn't that satisfactory, find out secondary income options. It may be freelancing, renting, learning new skills for part-time jobs too!
7. Read more: Go through the Elearnmarkets Blog,and pave your way to Financial Literacy!

@vineetpatawari @vinaypagaria @vivbajaj

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More from @elearnmarkets

14 Sep
Educational thread: Investment mistakes you can make in your 20s:
1. Not a having a plan: 20s is the perfect time to start thinking about finances. There are less responsibilities, expenditure and the scope of savings is huge. Now is the time to think long-term.
2. Not knowing what to do with your earnings: In this knowledge-driven world, there is no shortage of data needed for research kn investments. Find out the investment options, the risks associated and make an investment plan.
Read 9 tweets
13 Sep
Educational thread: 6 saving tips that will cut down your expenses! Read and share:
1. Introspect: Without a doubt, the first step to plan more savings is self-reflect. Ask yourself, how much are you spending on unnecessary things? How impulsive are you when it comes to shopping? You will get a lot of answers!
2. Chart a budget plan: Try to jot down your daily spending in a diary or spreadsheet. Writing provides much needed clarity on every subject!
Read 9 tweets
1 Sep
When Elearnmarkets was born, our goal was simple: educate and groom better Stock Market participants. It's the same, even today.

Here are some blog posts you can go through if you are trading in the Indian Stock Market:
( 1.) 7 common reasons why traders lose money in Intraday Trading:

Intraday trading needs good strategies and not intuition. Learn these factors which might be responsible for your losses.
( 2.) 10 Proven Strategies to Always Stay In Profit:

Booking profits is all about patience and grit. Learn these strategies to stay ahead of everyone.
Read 7 tweets
18 Sep 18
Lessons from the wonderful book of @PhilipAFisher - Common Stocks and Uncommon Profits -

The 15 points to look for in a share before investing -

#WhatToBuy #SimplifyFinance

ps- In case u wish to learn the art of stock selection in details -
Does the company have products or services with sufficient market potential to make possible a sizable increase in sales for at least several years?

#WhatToBuy #SimplifyFinance
Does the management have a determination to continue to develop products or processes that will further increase total sales when the growth potentials of currently attractive product lines have largely been exploited?

#WhatToBuy #SimplifyFinance
Read 16 tweets

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