My philosophy is ‘income’ minus ‘investments’ and the remaining is for ‘expenses’.
I always try to gain financial education to make intelligent financial decisions.
I save regularly in good financial products.
I check my accounts statements regularly.
I monitor and review my investments regularly.
I have an adequate amount of term plan as my family is dependent on me.
I spend money considering my future financial goals and present expenses.
I avoid buying too many credit cards and make limited use of my credit cards.
I know the total amount of my debts and make payments on time.
I project my income & expenses for the next 1 year and track changes.
I focus on risk-reward ratio while making investments.
I store all my financial documents safely & have informed my family about the same.
I have a financial plan & a purpose for investing.