6 Key Points to be a learner on Personal Finance
6 Key Points to be a learner on Personal Finance
The essential necessity of a human being is the one thing that we all know - Food, Clothing and Shelter. In the Modern age, the Basic Education and the Financial Security will be added as, 'Needs'. But we are leaving behind Financial Security and buying countless products and services without any need.
When an individual is going to buy any Financial Products, one should be aware whether it is needful or not. Without knowledge of buying the above said things, it would trap into the unnecessary financial trouble.
Therefore, one should aim to use every possible thing that you need or buy the required thing. That being said, there are six things that can be learned as a basic on Personal Finance,
Understanding the difference between Savings & Investment
Inflation
Financial Planning and it's Goals
Delayed Gratification
The Power of Compounding (School Mathematics)
Think Investment like your own Business
Our thinking is enhanced by the learning that is said. It is possible to live life to the Fullest, to have unlimited Happiness !
Kindly share your views / comments with a smile :)
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