"When money realizes that it is in good hands, it wants to stay and multiply in those hands"... Idowu Koyenikan
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BASIC CHECK LIST TO KNOW, IF YOUR FINANCIAL LIFE IS ON TRACK OR NOT
Ans in Y/N
1. Do You have positive surplus each month?(Minimim 20% of income)
2. Is Your Net worth Growing every year compared to previous years?
3. Are you dependant on Loans to pay your expenses?
4. Are you protected by external risks, which can destroy your wealth?
5. Will you be able to handle sudden surprises/ expenses without external help/Loans?
6. Are you paying more than 20% of your income as EMI for depreciating products?
7. Are you INVESTING a minimum 15% or more of your income consistently EVERY month?
8. Have you created more than 3 sources of Passive income?
9. Have you created a blueprint for generating passive income and rigorously following it.?
10. Is your investments, giving returns above the rate of INFLATION ????
If your "yes" are 7+, then you are on TRACK.
Feel free to share me your score.
Happy Investing🙂
Biswajit Roy
Financial Psychologist & Wealth Strategist
Author - Miracle Wealth Unlocked
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