Thursday, April 6, 2017

Money - Kasu, Panam, thuttu, money, money

Hi everybody Good Morning.
I am Rajkumar T you can call me aarkay (RK)

In this blog  I want to post at most useful things for people to upgrade everyone's position. Whatever the problem we face all the days in each and every single step we put, every one will be in conscious of their future.

We all deserve the right to grow mentally, physically, emotionally, spiritually and financially. As you all know, most of us give a least importance to the finance verbally, yet we run towards money only. Money is playing such an important role in our life.

No one can accumulate money in a short while. That needs planning and patience.

Here I want to say the exact criterias for the accumulation of money. We should have a strong desire to the financial growth.

The following is the best described way. to save and accumalate money.

Diversification method.

In this method the below are well worked out for majority of people.

They invested in       1) insurance
                               2) tax savings schemes.
                               3) real estate      
                               4) long term and short term deposits.     
                               5) retirement schemes
                               6) some people have grown in share market also.

Most of our us don't even want to know about insurance and not paying attention in the existing insurance plans.

For your information I just want to make you know that there are 3 types of insurances.
         
             1) term insurance (means at ones death it will be a support for their loved ones with a low premium

            2) endowment insurance plan.(means on maturity we can enjoy or in the event of ones loss their loved ones can enjoy it)

             3) whole life plan (you can insure your life for 99 years. Depending on your age premium will differ.
These are all the basic insurance plans.

    That's all now. We will see soon.