Finmission's Class

How to Smartly Create a Financial Goal?💪 Merry Christmas and Welcome to lesson No 4 and the last in this series. In this blog we will see about the basis of creating Smart Financial Goals.  A] But first things first - why do we need to create a goal to save money? Goal setting helps you understand the priorities of your life, set the future of you and your family, understand the various money-related challenges that come and be best prepared for the future financially. Fundamentally goals give  direction and momentum  to your financial life: Direction : If you know why you need it, then you know what to invest for. Creating wealth is not a goal, while investing for sending the child to NIT/IIT/Harvard/ISRO/Mars in 15 years is one 😄 . Momentum : This allows you to build " investing discipline " and track progress along the compounding journey. Without a goal, it is likely that the money will be spent in frivolous things just be...

How to get in the groove of Saving  Vitamin(M)oney  💰  ; Hey guys welcome to lesson No 3 in this series . In this blog we will see about the psychology of saving money in the present day.  We will see ,  how do one trick his/her mind into saving more money and importantly how to break the habit of spending money on unnecessary stuffs month on month. Let me please reiterate this , that this blog series is not to tell you, not to enjoy life, not to have a life which you aspire—Nope !! that is not the intention of the blog series.  This series is about, the basics of savings and investing, so that it can help you later in your life and even during the earning stages of your life. 😊 ( Enjoy - Enjoy like Naruto 😆) As such, if you could get the right perspective of this series, such saving and investing will only help you to become what you really want to become in the course of time. For instance, you could go for a solo trip around the gl...