iS.M.A.R.T for your financial future:
As I write my 100th blog entry, highlighting it just as a matter of statistical delight, primary objective through my blog is to create awareness about our personal money management. And particularly on saving and investing. Awareness becomes paramount as we live in a completely different generation compared to the past. Our careers are shrinking, lifestyles are rapidly changing, risks are shooting up, children are becoming extremely ambitious about their future. All these factors and many more demand a better management of our money. Simply put, one's money should not snooze in the bank @ 3.5% savings account. Your money is hard earned and it deserves a better treatment. I love to highlight,"You work hard for your money, let your money work harder for you"....
I leave a video of the World Gold Council's ad which is equally relevant to money management...
http://adsoftheworld.com/medi /tv/world_gold_council_diwali_2011
Investing and financial planning is just this way..... You should not land in a situation in the future which may squeeze your finances. Plan it ahead and plan it better and Plan the iS.M.A.R.T way for your greater financial future.
Luxuries do not assist your financial goals. ipads, ipods of the world may get outdated in a shorter time. But the seed you sow now for your and your family's financial future will turn out to be a banyan tree after several years if planned well.
In a nutshell -
- Have adequate life insurance.
- Plan to create long term wealth.
- Plan for children's future.
- Plan for your retirement.
- Importantly, don't allow your money to be lazy. Make it work hard, as hard as you work for your money...
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