39 Income Streams & Ideas Available in India This was heavily requested so here is every opportunity available in India in this app. Whether you want to work online, make passive income or make some quick cash there’s a variety of options for everyone. Come back to this page because we add new business ideas and opportunities every month!Each opportunity links to our full review. Enjoy! 📈 Popular: 1. AirbnbIf you have an empty … Continue reading India

39 Income Streams & Ideas Available in India This was heavily requested so here is every opportunity available in India in this app. Whether you want to work online, make passive income or make some quick cash there’s a variety of options for everyone. Come back to this page because we add new business ideas and opportunities every month!Each opportunity links to our full review. Enjoy! 📈 Popular: 1. AirbnbIf you have an empty … Continue reading India

39 Income Streams & Ideas Available in India This was heavily requested so here is every opportunity available in India in this app. Whether you want to work online, make passive income or make some quick cash there’s a variety of options for everyone. Come back to this page because we add new business ideas and opportunities every month!Each opportunity links to our full review. Enjoy! 📈 Popular: 1. AirbnbIf you have an empty … Continue reading India

39 Income Streams & Ideas Available in India This was heavily requested so here is every opportunity available in India in this app. Whether you want to work online, make passive income or make some quick cash there’s a variety of options for everyone. Come back to this page because we add new business ideas and opportunities every month!Each opportunity links to our full review. Enjoy! 📈 Popular: 1. AirbnbIf you have an empty … Continue reading India

Dividends are a form of passive income when you buy certain stocks on the stock market. For example, if you own McDonalds shares, they pay you 2.76% every year just for owning their stock. In this post you will learn how dividend stocks work and if it’s a good way to make money.Related:Get 2 free stocks (worth up to $1650) when you sign up for Webull! Learn more … Continue reading Dividends

REITs allow you to invest in real estate without having to buy your own property. They are very similar to stocks but for real estate! REITs are a passive, low-capital way to get into the real estate market.If you want to get into real estate but don’t have the capital for a downpayment, or don’t want to deal with a property, tenants and other headaches then keep … Continue reading ,REITs

Fundrise lets anyone invest in real estate regardless of their income or net worth. It’s an online investing platform and their website says, “Invest in million-dollar deals without writing million-dollar checks.”It’s an interesting concept and platforms like Fundrise are becoming very popular. Understandably, because they let you invest in real estate with very little capital.However, how does it work and is it a safe investment? That’s what we … Continue reading fund race

Index Funds are an easy way to get a diversified investment portfolio with great overall returns. They are so good that Warren Buffett said when he passes away, he wants 90% of his trusts money invested into Index Funds that track the S&P 500. This is a detailed guide. Read to the end to learn this powerful investing strategy that takes very little work and has great … Continue reading Index fund

Below are key advantages of investing in mutual funds: Professional Management: Mutual Funds are managed by professional fund managers who have a team of investment analysts performing thorough analysis of investment securities so as to carefully select securities and structure mutual fund portfolio. It may not be feasible for individual investors to perform such detailed analysis themselves and/or hire team of experts to manage their … Continue reading Advantages and Dis-advantages of Mutual Fund

“इस नाम के लोग संकुचित दिल के होते हैं और एक ही ढर्रे पर चलते हुए यह बोर भी नहीं होते। ईगो वाली भावना तो इनमें कूट-कूटकर भरी होती है। यह परिश्रमी, धैर्यवान तथा कर्मठता के प्रतीक माने जाते हैं। ये जोखिम भरे कार्य करने में हिचकिचाते नहीं अपितु उल्टे आनन्द का अनुभव करते हैं। ये बेहद पुर्तीले होते हैं। आलस्य इनसे दूर भागता है। … Continue reading “W” अक्षर, 23 of 26

Investment ideas are specific views, plans, or ideas on ways to invest money effectively. Investment ideas typically involve the expertise and advice of an investment advisor who recommends different investments based on individual circumstances. There’s so much conflicting information on investing and so many investing choices. Many advisers, in the current record-breaking market rally, recommend people wanting to take advantage of volume and volatility in … Continue reading Investment Ideas for Beginners

-1. A Financial Adviser If like a lot of people, you are reluctant to haul off a chunk of your savings and just invest, you might want to consult an actual human financial adviser. Investing with a trusted adviser makes the finding of such an adviser itself a good investment, as you will likely benefit from having an expert who can help you keep track … Continue reading Self Mentor

-2. Interest Income from Certificates of Deposit Often, columns such as this jump right in to tell people where they can put their investment money for the fastest growth. But realistically, the best place to start investing is at your local bank to let the money you have and keep there make money by allowing the bank to use it which banks do anyway, and … Continue reading Self Mentor

-3. Balanced Funds A balanced fund aims to do just as it says: balance allocations or target-risk to increase earnings and minimize as best as a possible risk of losses. They maintain a set allocation of stocks and bonds indefinitely. Because they balance risk between fixed-income and stocks, they tend to be more conservative than even target-date funds for younger investors, and more aggressive than … Continue reading Self Mentor

-4. Exchange Traded Funds (ETFs) An exchange-traded fund (ETF) is generally seen as one of the best low-risk investments you can have! In many ways, they are similar to index funds, with some ETFs owning index funds. ETFs are funds that own a series of securities. Sometimes, these are stocks, bonds, real estate, and gold all thrown in together. Other times, these are just stocks … Continue reading Self Mentor

-5. Robo-Advisers A robo-adviser is a highly advanced computer algorithm that helps you to invest your money. Depending on the settings and the type of Robo-adviser you use, they sometimes invest automatically, or at your request. Most of these Robo-advisers use algorithms to find safe stocks that will help grow your portfolio. Some of them will then invest an allocated amount automatically, where others will … Continue reading Self Mentor

-6. Gold For a long time, there has been a debate raging as to whether or not you should invest in gold. However, for a beginner who’s looking for one of the safest investing ideas, gold is certainly near the top of that list! This is because gold rarely, if ever, decreases in price. Unlike most other investment ideas, gold is mostly recession-proof, often seeing … Continue reading Self Mentor

-7. Investment apps The internet is the future. As with almost everything else, stock brokerages have gone online. With that, apps on your phone have been developed to help you invest. Usually, these investment apps are fully regulated by investment brokers. However, there is one major difference: monthly fees. Investments apps generally have low monthly fees, with some even having no fees at all! One … Continue reading Self Mentor

All of us know that we need to save money for future needs. This could be for buying a house, for the education of children, for retirement, and so on. Even otherwise money needs to be saved, as we all know, for the rainy day. This saving has to come from our regular income. But even as we are aware of this fact, many of … Continue reading Effective Ways to Save Money for the Future

-1. Make a Budget The first thing you need to do is have a budget and stick to it. This includes being realistic about your household financial situation and setting honest and attainable numbers corresponding to your spending so that you can save. Saying you will save and thinking about savings is not enough. You will have to be intentional about what you do with … Continue reading Self Mentor

-2. Start Now Remember whatever your goal is, start now. Something will always come up and compete for your resources. Saving for the future should stay in the forefront of your mind regardless of whatever else comes around. Continue reading Self Mentor

-3. Make Save Automatically If you have to manually transfer money into your accounts, you may be more likely to forgo saving altogether. Try having a portion of your pay check automatically deposited to a savings account to keep you contributing consistently. Continue reading Self Mentor

-4. Avoid Debt Pay off your cards every month to keep your debt from piling up. If possible, avoid going into debt in the first place by spending within your limits and keeping your credit card at home. With a savings built up, you won’t have to put unexpected expenses on a card. Continue reading Self Mentor

-5. Use a Savings Calculator Putting money away consistently is hard enough as it is, so utilizes an easy online tool that can calculate interest over years and help you determine how much your savings may grow in the years to come. Continue reading Self Mentor

-6. Invest in Quality Think about spending a bit more money on things that will last you longer. For example, it can be worth it to buy some higher quality clothes (as long as they’re not for growing kids), because you won’t have to buy new ones for a long time. Continue reading Self Mentor

-7. Make a Plan Break your long-term goals into smaller, more manageable milestones for the month and year. With an idea of what you need to do short-term, you can plan how much you need to be saving, and set the right limits on your non-essentials budget. Continue reading Self Mentor

-8. Enjoy Life Yes, we’ve been preaching the virtues of discipline, belt-tightening, and resisting instant gratification. But everyone is only human. Recognizing the importance of savings doesn’t mean you can’t now and again spend on things for fun, relaxation, celebrations, or just for the hell of it. But be sure to build the occasional splurge into your budget. Continue reading Self Mentor

-9. Set Savings Goals One of the best ways to save money is to set a goal. Start by thinking of what you might want to save for—perhaps you’re getting married, planning a vacation, or saving for retirement. Then figure out how much money you’ll need and how long it might take you to save it. Continue reading Self Mentor

-10. Take a Staycation Though the term may be trendy, the thought behind it is solid: instead of dropping several thousand on airline tickets overseas, look in your own backyard for fun vacations close to home. If you can’t drive the distance, look for cheap flights in your region. Continue reading Self Mentor

Financial freedom means that you get to make life decisions without being overly stressed about the financial impact because you are prepared. You control your finances instead of being controlled by them. The path to financial freedom isn’t a get-rich-quick strategy. And financial freedom doesn’t mean that you’re “free” of the responsibility of handling your money well. Quite the opposite. Having complete control over your … Continue reading How to Achieve the Financial Freedom

-1. Create a Strategy for Short-Term Savings If your goal is financial freedom, you need a buffer for the unexpected life events that happen to all of us, like car repairs, broken appliances and medical deductibles. That’s why you should increase your emergency fund to cover three to six months of expenses once you’re out of debt. Having the cash on hand to cover an … Continue reading Self Mentor

-2. Plan Every Day in Advance The very act of planning each day, each week, and each month in advance will make you far sharper and more precise at everything you do. You will find yourself with better focus and a greater sense of self-control and personal power when you work from a list. When you plan every day in advance you will be better … Continue reading Self Mentor

-3. Invest In Yourself Listen to audio programs in your car. The average person spends 1,000 to 2,000 hours per year behind the wheel. By turning your car into a university on wheels, you can become one of the most knowledgeable and most skilled people in your profession. Purchase courses on money management, read books on personal finance, and find articles online about money. Very soon … Continue reading Self Mentor

-4. Save regularly, and relentlessly You must set up a routine for your investing and stick to it. And then never do anything. Don’t open your damn statements. Don’t even peek. Just stay in the game never give up and keep investing no matter what. Continue reading Self Mentor

-5. Be Active in Your Journey to Financial Freedom Making the right investment decisions is the first step, but staying in tune with your fund performance is crucial to getting the most out of your investments. Setting your investments on autopilot is not an investment strategy. You can take the help of a financial advisor to help navigate your investment options and brave the ups … Continue reading Self Mentor

-6. Begin to Think Positively About Money Thinking negatively about money is an emotional obstacle that you must eliminate in order to achieve financial freedom. You must eliminate the thoughts that having more money leads to evil or that money can’t buy you happiness. When you begin thinking positively about money, you will attract opportunities and open up more doors than you ever thought possible. Continue reading Self Mentor

-7. Be Patient You cannot expect to be wealthy in one week, one month or one year. It’s something that takes time. Even if you do everything right, you won’t become rich quickly. This is not a sprint, it is a marathon. Keep this idea in your mind. Rushing to implement an action because you are not getting rich fast enough only leads to disaster. … Continue reading Self Mentor

Before we start with investment options we need to know the concept of Risk vs. Return. Risk means the Chances of Losing Money. The money you are investing today you should remember that the money can go off also. And returns means what you are earning from that investment. If you understand risk and returns then you need to know that there are three types … Continue reading Best Ways to Invest Money Successfully

-1) Fixed Deposit (FD) It is a safe option many people prefer this option… But it is a low risk and low returns investment. Every bank has some scheme regarding FD as they are also doing business. In FD you became an investor for that bank during your FD tenure. The bank will keep money for that fix tenure and bank will invest in and … Continue reading Self Mentor

-2) Gold If you have money you should invest in gold. The value of gold goes up with time. If you purchased gold today of 10rs that gold can be valued 29rs tomorrow. There are some advantages and some disadvantages. Advantages:- A) It is a Medium risk Medium return on investment. B) It is a safe and simple investment as there is no much paper … Continue reading Self Mentor

-3) Real Estate This is a high return investment. As there is a high return, than the risk will also get high. It is a long term investment. If you had spent 1 million to buy a property it will not be valued 10 million by tomorrow itself. It may take 10 years. There are various factors involved such as legal factor. The seller can … Continue reading Self Mentor

-4) Government Bonds It is a low risk but medium returns… But what does that means…it is a safe investment like FD as you give your money to bank the bank will use the money for the bank purpose. But if you purchase the Government bonds you become investor for government and you’ll give money to government and government will use that money to run … Continue reading Self Mentor

-5) Stock Market It is a High Risk High Returns Investment. But what are you doing in stock market!! Basically you give the money to the companies like Reliance and Tata. And with our money they run their company and provide us some part of profits from their company. Now the thing is how to invest in stock market? It is very easy you need … Continue reading Self Mentor

-6) Mutual Funds What is mutual funds? Mutual funds are the companies who invests money in stocks on behalf of us. Mutual Funds have many options such as low risk low returns game high risk high returns game. So it’s up to you in which field you need to invest. This is how you can buy the stocks and sell the stocks. But it is … Continue reading Self Mentor

There is no doubt that securing your child’s financial future is a priority that many parents think about extensively. As the world goes through the volatility of changing economies and increasing costs, parents may feel overwhelmed and uncertain as to where and how to start the planning process. If your child has big ambitions then the first thing you need to think about is a … Continue reading Financial Tips to Secure Your Child’s Future

-1. Child insurance plans Child insurance plans are life insurance plans which help in creating a secured financial future for the child. A parent can buy this plan for the benefit of his/her child. The plan promises a benefit after the term is over whether or not the parent is alive at the time of maturity. This way, the plan guarantees a financial corpus which … Continue reading Self Mentor

-2. Consider a 529 College Plan There are two types of 529 plans; pre-paid plans and savings plans. A pre-paid account allows parents to buy tuition credits for future use. The disadvantage of a pre-paid plan is that funds can only be applied towards tuition and not room and board. A 529 savings plan consists of mutual funds’ investments which grow over time. Most plans … Continue reading Self Mentor

-3. Manage expenses As your family grows, day-to-day expenses only multiply and squeeze your monthly budget. The first step towards increasing your savings is to control your expenses. Identify how and where you are spending your hard-earned money. Try to control unnecessary expenses. Avoid using your credit card or other types of credit to meet expenses unless you have the capacity to repay promptly to … Continue reading Self Mentor

-4. Invest via SIP in mutual funds Mutual funds that too via SIP (Systematic Investment Plan) route which is a disciplined way to investment is time and again suggested by experts to provide you enough corpus if you have a time horizon of around 20 years. In the last 4 years or so equity mutual gains have managed to provide appx 15% returns. It is … Continue reading Self Mentor

-5. Have a Life Insurance Policy What would happen to your children if you were not here anymore? Having adequate life insurance will protect your children if you passed away giving you peace of mind in knowing that your children’s financial future will be secure. A good guideline to follow is to purchase cover, dependent on your affordability and circumstances, that pays out between ten … Continue reading Self Mentor

-6. Set up a Fixed Deposit While SIPs are more lucrative, they are subject to market risks. A fixed deposit might be a more traditional form of investment but will give you assured returns. The best way to go about is to have at least a couple of fixed deposits; pick the terms in such a way that the maturity of the FD coincides with … Continue reading Self Mentor

-7. Update Beneficiary Information Make sure to update beneficiary designation is up-to-date on your life insurance policy, bank and retirement accounts.  It’s important to update this information after major live events such as the birth of a child or divorce because beneficiary Information will override a will, Experts also suggest naming a contingent beneficiary in case the primary beneficiary dies before you. Continue reading Self Mentor

-8. Set up a Bank Account for Your Child This may not seem like a big deal right now, but it is a great way to teach banking to your child. Things like building a credit history, understanding finances, will come more easily to your child. Instead of giving your child cash as ‘pocket money’, you can deposit it in their bank account. That way, … Continue reading Self Mentor

There are a few things you need to do to fix your financial position before you start investing. Most people make the mistake of not taking care of their dues and debts before starting to invest. Before investing or spending a single rupee, make sure you have a stable financial base and then only take the next step of investing. For instance, make a budget, … Continue reading Things to do Before You Start Investing

-1. Sketching Out a Household Budget The household budget determines how much you are left with, which in turn determines whether you can start investing. To prepare this budget, you will first need to job down a plan on a piece of paper, which includes your sources of income, which could be a salary, a rental income, interests, dividends, etc. The next logical step in … Continue reading Self Mentor

-2. Pay Down High-Interest Debt First of all, please note that not all loans or debts are bad. Here, we are talking about high-interest debts. For example, if you have taken a personal loan, its interest rate may vary from 13–18%. Similarly, a credit card company may charge you even higher interest on the outstanding amounts. It doesn’t make much sense to invest if the … Continue reading Self Mentor

-3. Make a Plan for Reaching Goals It is always better and easier to plan one’s journey after deciding the destination. A planned itinerary certainly helps in making efficient and optimum use of the available resources. Similarly, life goals need to be identified upfront before one starts saving towards them. Set your goals in sight and create a separate plan to achieve each one of … Continue reading Self Mentor

-4. Importance of an Emergency Fund Many new investors do the mistake of treating their investments as their emergency fund. This can be a bad ploy since emergencies usually arrive unannounced and if you dip into your investments, then achieving your financial objectives can get difficult. Life is unpredictable. Hence, situations like a sudden job loss or accident or unexpected bills can put a strain … Continue reading Self Mentor

-5. Know Your Asset Allocation Different asset classes perform well at different times and hence if you have different asset classes in your portfolio it will ensure that investments are well-cushioned all the time.  For example, the return from gold remained low for a long time before going up since last year. Meanwhile, equities were delivering amazing returns before they crashed during the pandemic; however, … Continue reading Self Mentor

-6. Clarify Your Goals and Priorities Managing cash flow (budgeting) is all about balancing priorities – you’re taking limited resources and allocated them to the areas that are most important to you. This exercise is key for your overall financial planning too. Before getting started on your investing, take a few moments to think about what is really important to you… If you spend time … Continue reading Self Mentor

-7. Neither A Borrower nor a Lender Be A key part of any personal finance audit will be to add up the accumulated debt on all your credit cards and work out how you can pay it off. If you want investments to become a way of making and earning money, you should try to pay off your debts first. The same resolve should be … Continue reading Self Mentor