Principle 4: Recognize: Income Problem vs Spending Problem vs Investing Problem

Note: This article is a part of series called “Six Principles to Achieve Financial Freedom”. I’d strongly suggest starting from Principal 1 it to understand it better. Ignore if not applicable. Broadly speaking, people have 3 types of financial problems in this world and you must recognize between income problem, spending problem and investing problem. INCOME…

Principle 3: Pay Yourself First and Do It Automatically

Note: This article is a part of series called “Six Principles to Achieve Financial Freedom”. I’d strongly suggest starting from Principal 1 it to understand it better. Ignore if not applicable. If you want to become financially successful, then you must stop paying other’s before you pay yourself first and create a mechanism to do it…

Principle 2: Welcome Minimalism and Goodbye Consumerism

Note: This article is a part of series called “Six Principles to Achieve Financial Freedom”. I’d strongly suggest starting from Principal 1 it to understand it better. Ignore if not applicable. The most important principle that will help you gain immediate control over your financial destiny is to welcome Minimalism and say goodbye to Consumerism. I…

Six Principles to Achieve Financial Freedom

Do you know, the longest word in the English/any language is 1,89,819 letters long. It’s the name for a protein nicknamed “Titin” and would take you more than an hour to say it out? The reason I’m sharing this is quite simple. 189,819 letters is way too long! That word could have easily been simplified…

Should You Continue SIP During Recessions?

I’ve been asked this question a lot of times. “What should I do with my SIP during bad market conditions?” “Recession is approaching, should I pause my SIP?” “There are fears of global slowdown, should I continue Investing through SIP or buy gold?” Short answer: If you plan to stay invested for long term, stay…

Why Expense Ratio in Mutual Funds Matters?

Majority of the investors don’t know why expense ratio in Mutual Funds matters because expense ratio is one of the least discussed topics. Little do we know, it plays a critical role in giving you good returns. People do not even check or analyze the expense ratio before investing in any mutual fund thinking that 1%…