Showing posts with the label estate planning

Five Financial Wheels to enrich your life

Five Financial Wheels to enrich your life On Personal Finance, one can seek the advice of others and can get the help of Financial Advisors. But, we ourselves only know the real Financial needs. Financial Planning is not as difficult as we think, nor is it for Rich People. Decision making is the important one, while playing in the thing of Personal Finance. Many of us who are not even able to complete their School education, are becoming Good businessmen and getting Financial Independence. No one has taught them to become Rich, the decision on Financial Planning made them like Rich. Spending habit is the key factor when it comes to Financial Independence. These Five amazing Financial wheels that anyone can familiar with, to enrich the present life. Budget Planning Financial Goal Planning Investment Planning Retirement Planning Estate Planning You can call and read it as, B-FIRE stands by the first letter. It is advisable to keep the Budget Planning for the Individual and Family on a da

Why Estate Planning should be mandatory ?

Why Estate Planning should be mandatory ? Do you know about Investing Expenses ? The expenses that can generate (or) produce an income, so that we can save / invest a part of money, would be deducted from our Regular Salary or Business income like as other expenses. We daily saving / investing for our Goal based information. We regularly seeing what about our yield to date (YTD) on Returns. Our Dream goals are better and far more, it may be 20 years or 30 years or more than that. We depositing in a bank, mutual funds, stocks, realty, gold, etc. We are telling these investment instruments  will for the future of our Children. But, would you know, it's exactly fit for our kids or will settle as 100 percent for our kids ? We can't know. That's why we are talking about, ' The Estate Planning'. It's not just like a simple as we are thinking a Real Estate Property. The Estate Planning: “What makes greatness is starting something that lives after you.” So, we should ma