Skip to main content

Managing Money can be easy if we follow these steps (Money Making Tips)

Money, investment, wise


 Money related crises are very common in the present world and we can see many people suffering from worries related to money. All these money crises mostly emerge from the wrong thinking pattern of a person and how we manage our money. Mostly, it is believed that we should earn more and more but no one tell that instead of earning more we should learn to manage our money more precisely. Due to this reason, we see lots of people suffering from money problems despite earning a good amount of money. Earning more money is a good option but we also need to learn to manage our wealth in a good way. There are many opportunities available in front of us from time to time that gives us the option to multiply our money many times with very little effort. However, people are so much busy spending money that they hardly have money left for such rewarding investments. 


Investment in Good Mutual Funds is Key to success)

Either complete your dreams or dreams of others


Good opportunities are not always available and they come suddenly, we can also encash them when we have some spare money with us. Money itself is a great tool to increase its value, so we need some savings. Today, it is easy to find people who have lakhs of rupees loans than to find people with good savings. Below, I will tell some ways to increase your wealth with wise money management. You can also increase your wealth by using these tips.

1) Must save something every month, maybe as little as Rs 500 (Good Investment returns and Tax saving Benefits).

2) Always look for better investment opportunities. 

3) Invest more when the stock market is down or there is some crisis because no crisis last ever and stock markets come up again.

4) Never put your money into a single stock or investment option.

5) Always invest in good quality and trusted companies or stocks with good ratings only.

6) Don't invest in new or bogus companies with very less track record. 

7) Make your own research and planning on investments. Don't follow others blindly. 

8) Wait for good opportunities, instead of making haste investments. 

9) Never disclose your investments to others and don't give unnecessary loans to others. 

10) Give yourself big targets. 

11) Create more assets than liabilities. 

12) Try to add additional income sources to your portfolio. 


These methods have great potential to make you an independent person with good wealth. When you can good wealth, then you can easily complete many of your dreams in life. Money plays a very important role in life because it is very important for most of our needs in the world. So, better wealth planning can make your life rewarding and in your control without the worries of money. 

Download ETmoney app for Mutual fund investment



Comments

Popular posts from this blog

Importance of clean environment

Read in Hindi  It is very important to take care of our environment because our health and our survival on the earth directly depends on the health of our environment. It is very easy to find dirt and pollution at many places across the world and a large population of the world is living in these bad and unhygienic conditions. People are drinking unclean drinking water and they are breathing polluted air; so, this pollution of the environment is causing many people to suffer from various health problems. Whereas if we live in a clean environment then we can live a healthy life and we can achieve this by understanding the importance of a clean environment. Sadly, we see very little being done to address this matter and we are slowly creating more polluted spaces on earth. Today, it is very hard to find clean places in several parts of the world. Slowly, the governments across the world are opening eyes to address this issue. It is very important for every individual in th

Who are Katoch? (Kuldevi Temple)

Katoch Kuldevi  Picture Katoch Kuldevi Kangra Fort (Jai Ho Maa) Katoch clan is a name of one of the ruling caste from India. Katoch is a prominent Rajput (Kshatriyas) caste of India and they basically belong to the Chandravanshi Rajput clan. Katochs have the main predominance in the states of Punjab, Himachal Pradesh, Uttrakhand, and Jammu. Katoch means a good skillful swordsman and earlier, Katochs were known for their sword skills. Katoch Royal family is the oldest surviving Royal family in the world and they still live in 'Clouds End Villa', Dharamsala. Famous Kangra Fort A few of the great and famous kings of this clan were king Porus who fought against King Alexander, King of Kangra Sansar Chand Katoch under whom Katoch kingdom flourished and saw his golden period, and Rajanaka Bhumi Chand who founded the Katoch dynasty. The main link between the Katoch clan and Kangra (HP, India) can be established by the long period of rule by the Katoch kings over Kangra a

Download Hindi Thoughts (Suvichar) with Meaning App (Best of Hindi Thoughts and Quotes)

In 2015, I wrote a similar post for my Hindi Thoughts (Suvivhar) app. (To read this post Click Here ). In this post, I requested you to download and try my Hindi Thoughts app. I am Arvind Katoch and I am running my Hindi Thoughts (Suvichar) and Quotes site hindithoughts.arvindkatoch.com for the last 10 years. Today, this site offers millions of Hindi Thoughts, Hindi Quotes, and Suvichar in the form of HD picture messages. You also get a chance to read the translation of all Hindi Thoughts with their meanings in Hindi and English.  To make it easy for you to read these Hindi Thoughts and Quotes, I create many Hindi Thoughts (Suvichar) App, and the name of my first app was Best of Hindi Thoughts and Quotes. With time, we need to leave the old app for the new and improved version. The last two apps got more than one million downloads and 4 plus ratings on Google play.  Now I have launched a new version of the app which allows you to even read the meanings of the Hindi Thoughts and Hindi

How to get certificate/documents in Digilocker? P.S.E.B Class X Marksheet

  Read in Hindi In the last article, I told you about the simple method to add yourself to the Google search . Today, I will update you about the DigiLocker and how to use it? We live in a digital world where most of the things are available to us digitally. This includes our important documents like school/college certificates, government-issued identity cards, other documents. We can easily access these documents digitally and they are 100% valid for all legal purposes. To get and store these documents, we have a popular app called Digilocker. On the Digi locker app, any person can find his important digital documents like Aadhar card, driving licenses, vehicle registration details, insurance details, and educational certificates.  Many boards and universities like Punjab School Education Board has started issuing fresh certificates through this platform only. The mark sheets for the class X, VIII, and V 2020 exams are issued through digilocker only. Now, we need to understand that D

Some Easy methods to increase immunity during Covid (Coronavirus)

 At the start of the Corona Virus last year, I wrote this article that Is India ready for Corona Virus?  In this article, I discuss the options available in front of India to tackle the Corona Virus strain. Though India did well in dealing with the first strain of Corona Virus we failed on many fronts when we faced the second wave. It looked that we were not prepared for the stronger and deadly second wave of the Corona. We may blame the government or the bad healthcare system, however, there is also a problem in us. First, we don't follow the rules and second, many of us don't enjoy strong immunity to fight the Corona virus. By increasing our immunity, we can increase our chances of survival from the Coronavirus. There are some methods through which we can make our immune system strong. However, due to the fast lifestyle, we have stopped carrying about our bodies.  Step 1- Spend some time in the Sun - The problem with today's lifestyle is that we don't spend much time