Welcome 2016 with 6 alluring resolutions to shape-up a financially secured life!
Investment GuruThursday, December 31, 2015
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Welcome 2016 with 6 alluring resolutions to shape-up a financially
secured life!
1.
Pursue a hobby
This one is really powerful. More
time that you spend on pursuing something purposeful, more is the
contentment in life.
You would also suddenly stop equating the purpose of
life to being another shopper in the next big sale of your neighbourhood
super-mall.
2.
Stop lashing that credit card
Credit cards come with massive
interest rates. And to save the cash for now, you are getting into a long
debt cycle that is best avoidable. The extra-buying can always wait for
later.
3.
Delay gratifications
Indiscriminate buying never really
made anyone happy in the long-term.
Tie the buys in your life to some
milestone that you achieve. Desiring before deserving is often unwise.
4.
Don’t avoid expenses that save you time
Time is money. The most successful
people in the world know this. Never save on small expenses that take away
time from you.
5.
Start as many SIPs that you can
SIP is the most hassle-free way of
investing. Set up an amount, set up an auto-debit mandate and before you
realize, you have a fluent investment plan and your money is growing over
time.
6.
Invest in self
Read books, take courses, watch
videos. Learn something new. You would earn more, live happier. There is no
greater ROI than investing in one’s own self.
