Tag: financial planning
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Money as the Currency of Love: Reconciling Spirituality and Abundance
For many people who walk a spiritual path, the question arises at some point: is making money bad if I’m a spiritual person? It’s a question that lingers in meditation halls, in quiet conversations after yoga classes, or even within our own inner reflections. The unease comes from a common perception: that money, wealth, or…
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7 Simple Money Rules (That Might Save You One Day!)
Managing money can sometimes feel like trying to solve a Rubik’s Cube blindfolded. But don’t worry! Ben Meer has shared a cheat sheet for financial sanity, and I’ve broken it down for you with a sprinkle of humor and some easy-to-follow tips. Let’s dive into these 7 money rules that can make adulting a lot…
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Why never plan a retirement that relies on children
It is common in many cultures for parents to prioritize their children’s needs and well-being above their own. In India, very common for parents to make significant sacrifices in order to provide for their children’s education, health, and future prospects. This may include working long hours, saving money, or even putting their own career aspirations…
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Thumb rules for Financial Wellbeing
Pay yourself first: As you get paid, put money into savings. Automating it is the best. Build an emergency fund: Save for emergencies an equivalent of six months of your living costs. Use the 50/30/20 rule for Budgeting: Allocate 50% to needs, 30% of your monthly income to wants and 20% towards investments or savings…
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Thumb Rules for Financial Planning
1. Calculating your risk appetite for asset allocation. Mutual Funds are one the of the most popular instruments of investing. They spread the risk across companies in their portfolio and can in the long term stable returns. But how much to invest in equity and how much in debt instruments? This is the most common…
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