Monday, September 10, 2012

10 Commandments For Financial Success :

1. First of all Protect Yourself, Your Family & Your Assets. Because.. You Are Your Most Important Asset.

 Pay Yourself First, NOT Your Bills. (Minimum 10%-30% For Your Retirement Without Any Exception).

3. Avoid Bad Debt (Credit Card Loans, Personal Loans etc.)

4. Use Good Debt judiciously (Yes! There is Good Debt like home loan, Education Loan.)

5. Keep Track of Your Expenses. Live Within Your Means. (And Strive To Expand Your Means.)

6. Save Regularly & Invest Wisely Based On Your Goals.  (Do Not Make Any Investment only forTax Saving. Just Ask Yourself: What if There Were No Tax Saving, Would You Still Make That Investment. More Than 90% People Make Mistake Here.  Sad But True!)

7. Diversify! Diversify! Diversify! (Do Not Put All Your Eggs in One Basket.)

8. Monitor & review your investments.

9. Make adjustments as may be required from time to time.

10. Last But Not The Least Do IT Now. There Will Never Be Any Better Time Than NOW To Take Charge of Your Financial Destiny.

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