MONEY MATTERS

WHY MONEY MATTERS IN LIFE?

 

Money matters means...the financial side of things; financial affairs.

By managing our money wisely, we can enjoy a greater sense of financial security and peace of mind. Money needed to purchase food, shelter, healthcare, education, and other necessities of life. But money is not everything.

Robert Kiyosaki's ‘Rich Dad, Poor Dad’ is a personal finance book offering powerful money lessons that can change your life. The beauty of these lessons are easy to learn and implement in daily life.
Throughout the book, the author explains how a person can increase their wealth by investing in assets and by being smart with money.

When you have enough money in the bank, you’ll never worry about your future.
 


FINANCIAL EDUCATION ABOUT MONEY

In India, financial education has become increasingly important as people are faced with numerous financial challenges. Business management schools are there to provide us financial education.

FINANCIAL ADVISORY

Financial advisors can provide many different services, such as investment management, tax planning etc.

Kiyosaki explains that most people focus on earning more money as the key to building wealth, but it is actually more important to focus on increasing your assets.

These are suggestions from FORBES Advisor.

• 1. Start by making a plan

• 2. Make a budget and stick to it

• 3. Build your emergency fund

• 4. Automate your financial life

• 5. Manage your debt

• 6. Max out your retirement savings

• 7. Stay diversified

• 8. Up your earning

WEALTH MANAGEMENT

Based on your investment needs and goals, a wealth manager offers you valuable advice and additional services related to your financial life

A wealth manager having skills like financial planning knowledge, quantitative skills, technology skills, and in some situations, foreign language fluency.

Some wealth manager skills in us
1. Earn sufficient money for needs, remaining in planning
2. maximize your savings. 
3. Investing money in assets.

IS MONEY CAN BUY ANYTHING?

Top 15 Things Money Can’t Buy

Time. Happiness. Inner Peace. Integrity. Love. Character. Manners. Health. Respect. Morals. Trust. Patience. Class. Common sense. Dignity.

A woman must have money and a room of her own if she is to write fiction. Like me🤩

Thank you 🙏

                          ✍️ Bhagyamati.