Taking money-associated decisions can deliver greater confidence into your lifestyle.
Here are three professionals who inform you of the importance of cash control, errors you should avoid, and how to devise your cash journey.
Taking money-related decisions can deliver more confidence into your existence. Here are three professionals who tell you the importance of cash control, errors you ought to avoid, and how to plan your cash journey.
Shinjini Kumar, you. S. Commercial enterprise supervisor, international customer banking, Citi India.
How essential are money and money control?
Money talks. However, it can’t sing. So I far should control my cash and construct myself the capacity to be an applicable and creative member of society. To take an instance, absolutely everyone makes day by day decisions about spending our cash. Do we consider the goods we buy from a sustainability attitude? Are we being answerable for our movements and thinking about human beings tormented by our selections in our investment decisions? All of those are crucial questions to me when I reflect on consideration on cash.
What is the one cash mistake you made?
I ought to say I should have started saving in advance. I by no means thought I might say this. I notion I might live and paintings forever.
What cash advice would you deliver to girls?
Pay attention to your cash. But don’t let it become your goal. It is a way and now not an end. Also, many of the quality investments you will make might be in people, such as yourself. So, by no means leave out that perspective when weighing decisions. Radhika Gupta, CEO, Edelweiss Asset Management Ltd
How critical are cash and cash management?
Money is a critical means for both the natural functioning of everyday existence and satisfying your desires, aspirations, and dreams in your lifestyle. If no longer managed and deliberate nicely, it may cause a severe crisis within a long time. Money management is essential and has to be executed under the guidance of a trustworthy financial marketing consultant.
What is the one cash mistake you made?
I did not be aware of asset allocation. I commenced handling and investing money early in life. However, I was no longer privy to the difference proper asset allocation should make in your portfolio.
What cash recommendation could you deliver to ladies?
Women should take the initiative to understand money and investments early in their lives. Whether or not you are hired or now not, price range and investments have to be taken control of. Understand excellent funding alternatives and their suitability in step with your existence level, desires, and goals. Consult an economical marketing consultant to make the right investment decision.
