Hi Readers,
In India, youngster generally start earning at the age of 22 or 23. So, my first post is dedicated to these youngsters. It is a time to party when you finally get a appointment to your dream job at your dream organization. You would have planned a lot, how you want to spend your earning. Parties, discos, friends and outings are what would have revolved all in your mind. Yes, of-course these are the benefits that you can afford at your own earnings. You do not require your parents pocket money and you are finally independent to decide how you want to enjoy life.
At such a age, it is general tendency to feel free and fly like a bird. However, you have stepped onto your 20's and teenage is over. You need to learn slowly the vast reality how money works. If you learn the technique of using money to reap benefits then you will be master of your money. Your money will work for you and you need not have to depend upon just your job.
In many Indian families, parents do not talk all about their financial condition. They neither let their children know how they manage with finance, be it debt or savings, nor do they share how they have planned their own future. You might belong to affluent family and would have inherited a large amount of wealth. However, still you require to know how to plan for future.Certain families run on continuous debt. If you belong to such family then you need to overcome the debt and manage well to overcome debt in your life.
Yes, for first few months, you would love to buy new clothes and accessories for all occasions. However, you need to save a part of your salary for the future.You also need to invest well to reap the benefits of return.
In this blog I would suggest tips that would help you manage your earnings. The next posts would come up with savings and investment plans.
Thanks
In India, youngster generally start earning at the age of 22 or 23. So, my first post is dedicated to these youngsters. It is a time to party when you finally get a appointment to your dream job at your dream organization. You would have planned a lot, how you want to spend your earning. Parties, discos, friends and outings are what would have revolved all in your mind. Yes, of-course these are the benefits that you can afford at your own earnings. You do not require your parents pocket money and you are finally independent to decide how you want to enjoy life.
At such a age, it is general tendency to feel free and fly like a bird. However, you have stepped onto your 20's and teenage is over. You need to learn slowly the vast reality how money works. If you learn the technique of using money to reap benefits then you will be master of your money. Your money will work for you and you need not have to depend upon just your job.
In many Indian families, parents do not talk all about their financial condition. They neither let their children know how they manage with finance, be it debt or savings, nor do they share how they have planned their own future. You might belong to affluent family and would have inherited a large amount of wealth. However, still you require to know how to plan for future.Certain families run on continuous debt. If you belong to such family then you need to overcome the debt and manage well to overcome debt in your life.
Yes, for first few months, you would love to buy new clothes and accessories for all occasions. However, you need to save a part of your salary for the future.You also need to invest well to reap the benefits of return.
In this blog I would suggest tips that would help you manage your earnings. The next posts would come up with savings and investment plans.
Thanks
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