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Showing posts from December, 2011

Plan your Personal finance.

 We are taking medicine to get relief from illness.If a person is facing dilemma in managing finance,need medicine named Financial planning.No one  get prosperity without a definite plan.Financial sector is like a jungle,filled with numerous products and schemes.A person should select best suited solution.   Risk behaviour is the primary thing in personal finance.Low risky person can opt savings account,fixed income mutualfunds,bonds and other debt instruments.But,if an individual prefer high return,he can invest in Equity,Real estate and Future contracts.Often,Ordinary people are afraid to invest in Equity market.Stock selection and Asset allocation is  not an easy job.Great challenge is the planning of each rupee spent.Financial goals play a key role here .Short term investment can be used for the needs within one year.Medium term investment is focussing children's education,buying a vehicle,construcing home or starting a new venure.But,peple invest for long term with an aim o

Why Mindpower is Crucial for Financial Freedom?

    Mind power is the key behind success.Try to analyse the life of great people.They never lose the  power of mind.Even in adverse situations,you should have strong Will.If a person always think about poverty and misery,how he will reach financial freedom?                  Firstly,Think about your financial goal.It may be affected by negative news or murmurings of others.But,strong mindset is essential.Then only ,your subconscious mind will be positive.Means,you can attain financial freedom with strong will.  Our daily life is consisted of a lot of negative images.It may be from Newspapers,television or living ircumstance.Eradicate all these destructive things from your mind.Visualise success.Start dreaming.You will get it,sure!         Remember,Redesigning or restructuring your mind is very important.   Evolution start first in mind,and then action follows.Dream influence thoughts & mind power.So,think about achieving financial freedom.Your subconscious mind will absorb i

Tips for Financial Success

    Human life is often evaluated on the basis of financial capacity.but,it is not easy for an ordinary person.How one can attain it?i think,basic thing is change in your mindset.Be positive,Think about your success.You can attain financial success  if you think. Financial success is based on the below things. 1.You should be disciplined in everything..Use your thoughts in right not engage with negative people. 2.Understand your networth.Are you having some cash surplus?If not,please start to make it gradually. 3.If you are having deficit,Pay your Credit card bills on time. 4.If   you are having surplus,halfway is finished.start investing. 5. You can invest in anything.but,remember,it is your hard earned money. 6.Financial literacy is needed for successful investing.start your learning process. 7.You may feel,consult a professional financial adviser. 8.Get trained on savings and investment. 9.Diversify with stocks,commodities or real estat