PERSONAL FINANCE - How to Invest Money for Consistent and Optimum Returns
Money can't buy happiness, but happiness can't buy food & shelter either. Of course, money is not everything, but it is an essential means to make a living, to get a good education and to live comfortably. It is almost impossible to achieve your materialistic desires or goals without money. For example, if you wish to pursue a higher education, money is an essential input. In today’s world of consumerism, there is a tendency for people to spend more than their means allow. With the passage of time, their expenses grow disproportionate to their increase in income – this is a consequence of inflation, increased expenses in supporting children’s education, mortgage, family needs & change in lifestyle. Due to lack of awareness & planning, they do not save or invest for the future, and this leads to financial crisis. Hence, Personal Financial Planning plays a vital role in one’s life. Following are the key lessons that I have learnt in Personal Financ...