Maintaining stability depends on being able to spot warning indicators of financial crisis. Important warning signs include persistent overspending, missing bills, mounting debt, lack of emergency reserves, and emotional strain. Early detection of these indicators enables people to take proactive measures towards resilience and financial well-being.
In our journey through life, we often find ourselves juggling various aspects of financial well-being. Three critical elements that come into play are “Wants,” “Needs,” and “Savings.” Each plays a distinct role in our financial landscape, shaping our present and future. Let’s explore these concepts in-depth, starting with the basics. Wants: Desires That Add Essence …
Understanding Wants, Needs, and Savings: A Simple Guide! Read More »
Recently, SEBI has taken a significant decision towards ensuring investor protection and maintaining the integrity of the mutual fund industry. In a bid to curb misconduct and mis-selling practices, SEBI has issued a consultation paper proposing strict accountability measures for Asset Management Company (AMC) CEO’s and senior officials. The regulatory body aims to enhance transparency, …
Hindus from different parts of the world, especially in India, pray to goddess Laxmi to bring wealth every Diwali, without even realizing how to grow the wealth themselves. We all have heard of the vicious circle of Karma without which nothing is possible. How about praying for lottery winning, day and night without even buying …
