Category: Investment
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Common mis-steps when it comes to dealing with money
I’ll invest later, when I have more money. No no no. Do it NOW. The most important part of investment is not money, it’s TIME. Better to put 500 bucks every month starting today than putting 5000 bucks two years later. I need to save like a maniac.. track and categorise all my expenses meticulously.…
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Dipping the toe…
Whats an SIP? Think of it as an EMI, but instead of paying a bill/loan, you’re paying yourself.
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What on God’s green earth is a deposit?
Okay. Here we go. Think of it as a piggy bank but on a small dosage of steroids. Like a bulky little piglet walking around a farm. That’s your deposit. The reason it’s just a small dosage of steroids is because the interest rate the banks are providing for deposits are quite low these days.…
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The DREADED PROVIDENT FUNDS
Done! I’ve set up my Emergency fund! Fantastic. You will now be able to afford your life if you get laid off for the next three months at least. I’m guessing if you’re reading this, you’re employed on a salary. Let me ask you this, when was the last time you looked at your payslip?…
