Great Money Habits that needs to be developed from early 20's onwards

*Great Money Habits that needs to be

 developed from early 20's onwards*

How many have you developed....

If not you can begin NOW

1. *Practice and focus* on Learning and

      wealth creation.

2. Invest in *TERM INSURANCE* and Not

    Insurance endowment plans..

3. Invest in *HEALTH INSURANCE...*

4. Create a contingency Emergency plan to

     take care of your min 6 months

     expenses.

5. Learn to Distiguish between your

   *WANTS and NEEDS.*

5. Limit your Credit card or EMI expenses.

6. *Invest in SIP and Mutual Fund and

     enjoy the power of Compunding...*

7. For risk averse individuals Post Office

    Recurring deposit can be helpful but it

    cannot create long term wealth for you

     as the returns cannot beat inflation.

8. *SIP has the ability to  develop

      DISCIPLINE in an individual...*

This post is basically aimed at *YOUNG EARNERS.* Request Members🙏 to share these data points with your near and dear or with them, whom you want to be financially abundant.

Take care...

Accelerate your wealth 😊