Discover and read the best of Twitter Threads about #financialgoals
Most recents (17)
The actual cost of delaying an #investmentdecision is often unknown until one notices a shortfall in their corpus.
This often prevents one from achieving your goals on time.
Let's explore the cost of delay with an example. (1/n)
#financialplanning #financialgoals
This often prevents one from achieving your goals on time.
Let's explore the cost of delay with an example. (1/n)
#financialplanning #financialgoals
Let's say you are 15 years away from retirement.
After retirement, you require ₹60,000 per month in expenses (in today's value) to live comfortably. (2/n)
#retirement #financialplanning #savings #investing
After retirement, you require ₹60,000 per month in expenses (in today's value) to live comfortably. (2/n)
#retirement #financialplanning #savings #investing
The final total goal amount that you require to sustain yourselves through retirement is ₹3 Crores. (3/n)
#retirementcorpus
#retirementcorpus
If you ever wondered...
"Do I need a Financial Advisor?"
...this thread can help you decide!
Read on! (1/n)
#financialadvisor #financialplanning #financialgoals #personalfinance #thread
"Do I need a Financial Advisor?"
...this thread can help you decide!
Read on! (1/n)
#financialadvisor #financialplanning #financialgoals #personalfinance #thread
Before we begin, reflect on these two questions...
When choosing between two similar investment options, have you ever wondered which one you should pick?
Ever wondered if an #insurance policy could protect your family or if it was just bells and whistles? (2/n)
#investing
When choosing between two similar investment options, have you ever wondered which one you should pick?
Ever wondered if an #insurance policy could protect your family or if it was just bells and whistles? (2/n)
#investing
These are the exact situations in which a Financial Advisor can help do away with uncertainty and help you make the right choices for YOU!
Here are 4 ways how a Financial Advisor can help: (3/n)
#financialadvisor #financialplanning #personalfinance
Here are 4 ways how a Financial Advisor can help: (3/n)
#financialadvisor #financialplanning #personalfinance
Confused about tax filing in India?
Don't worry, you're not alone!
Here are some essential Do's and Don'ts to help you file your taxes with ease!
A thread! (1/n)
#taxfiliing #tax #deductions #personalfinance #thread
Don't worry, you're not alone!
Here are some essential Do's and Don'ts to help you file your taxes with ease!
A thread! (1/n)
#taxfiliing #tax #deductions #personalfinance #thread
#1 Be On Time
Remember to file your tax returns on time. This can help you avoid penalties and legal issues with the Income Tax Department.
The deadline for filing taxes in India is usually July 31st. (2/n)
#taxreturns #taxes #incometax #directtax
Remember to file your tax returns on time. This can help you avoid penalties and legal issues with the Income Tax Department.
The deadline for filing taxes in India is usually July 31st. (2/n)
#taxreturns #taxes #incometax #directtax
#2 Disclose Necessary Infomation
Remember to disclose all your sources of income, including salary, rental income, interest, and capital gains while filing your tax returns to avoid penalties. (3/n)
#tax #salary #rentalincome #interest #capitalgains
Remember to disclose all your sources of income, including salary, rental income, interest, and capital gains while filing your tax returns to avoid penalties. (3/n)
#tax #salary #rentalincome #interest #capitalgains
#1 Decide Your Tax Regime
The new regime is no fuss and works well.
The old regime allows you to claim deductions and exemptions
If you choose the old regime finalise your tax planning strategy now! (2/7)
#tax #deductions #taxplanning #taxregime
The new regime is no fuss and works well.
The old regime allows you to claim deductions and exemptions
If you choose the old regime finalise your tax planning strategy now! (2/7)
#tax #deductions #taxplanning #taxregime
#2 Restructure Your Payslip
Study your pay slip and optimise your EPF contributions. If you choose the old tax regime structure your allowances properly.
Talk to our financial planning team today if you’d like assistance. (3/7)
#salary #CTC #payslip #epf #providentfund
Study your pay slip and optimise your EPF contributions. If you choose the old tax regime structure your allowances properly.
Talk to our financial planning team today if you’d like assistance. (3/7)
#salary #CTC #payslip #epf #providentfund
#3 Review Your Investments
2023 is a year that belongs to savers!
You will be spoilt for choice. And there’s no better way to take advantage of this than reviewing and restructuring your investment portfolio. (4/7)
#investmentreview #investing #portfolio
2023 is a year that belongs to savers!
You will be spoilt for choice. And there’s no better way to take advantage of this than reviewing and restructuring your investment portfolio. (4/7)
#investmentreview #investing #portfolio
Are you a Senior Citizen looking to secure your Retirement and generate regular income?
Let's explore the Top investment avenues that offer stability & security! (1/n)
#seniorcitizen #investment #retirement #fixedincome
Let's explore the Top investment avenues that offer stability & security! (1/n)
#seniorcitizen #investment #retirement #fixedincome
As we grow older, it's important to plan for retirement and consider investment options that offer stability and security.
Here are a few Investment avenues that offer capital preservation and regular income. (2/n)
#retirementplanning #investment #income
Here are a few Investment avenues that offer capital preservation and regular income. (2/n)
#retirementplanning #investment #income
#1 Senior Citizen Savings Scheme (SCSS)
SCSS is a popular investment option for individuals above the age of 60.
It offers an interest rate of 8% p.a., which is higher than most fixed deposits and has a tenure of 5 years. The interest is payable quarterly. (3/n)
#SeniorCitizen
SCSS is a popular investment option for individuals above the age of 60.
It offers an interest rate of 8% p.a., which is higher than most fixed deposits and has a tenure of 5 years. The interest is payable quarterly. (3/n)
#SeniorCitizen
Here are some key takeaways that can help you better understand your relationship with #money from "The Psychology of Money" by Morgan Housel @morganhousel #RichQUACK $QUACK #Psychologyofmoney
THREAD 🧵👇
THREAD 🧵👇
1. Wealth is what you don’t see: Wealth is the assets you accumulate that nobody else can see. It’s the cars not purchased, the clothes not bought, and the vacations not taken. #ThePsychologyofMoney #Wealth #Savings $QUACK
2. Compounding is the most powerful force in finance: Time and patience are the most important ingredients of compound interest. Understanding the power of compound interest is essential for building long-term wealth. #CompoundInterest #WealthBuilding $QUACK
Here are some tips on how you can pay your rent like a pro. The Ladda app helps you with automating your savings.
Download the Ladda app today and start saving towards your financial goals.💚
Download the Ladda app today and start saving towards your financial goals.💚
PS: Not only are you saving peacefully for your rent. You are also EARNING INTEREST OF 10%
If you need help on getting started pls drop a message
#moneyafricacommunity #financialliteracy #financialgoals #savings #investments #ladda
If you need help on getting started pls drop a message
#moneyafricacommunity #financialliteracy #financialgoals #savings #investments #ladda
Entrepreneurs, are you tired of paying hefty taxes?
Don't worry! We got you covered!
Check out these top tax-saving tips that can benefit your business and your bottom line. (1/n)
#entrepreneurs #taxes #taxsavings #taxtips
Don't worry! We got you covered!
Check out these top tax-saving tips that can benefit your business and your bottom line. (1/n)
#entrepreneurs #taxes #taxsavings #taxtips
#1 Hire Family Members & Relatives:
You can reduce your tax liability by paying salaries to family members, which are tax-deductible. Their income may also be below the taxable threshold. (2/n)
#tax #taxexemption #taxliability
You can reduce your tax liability by paying salaries to family members, which are tax-deductible. Their income may also be below the taxable threshold. (2/n)
#tax #taxexemption #taxliability
#2 Deduct Business Expenses for Travel & Accommodation:
Business travel expenses such as tickets and accommodation can be deducted from your taxable income, thus reducing your tax liability.
(3/n)
#taxliability #businessexpenses #deductions
Business travel expenses such as tickets and accommodation can be deducted from your taxable income, thus reducing your tax liability.
(3/n)
#taxliability #businessexpenses #deductions
Almost every millennial aspires to retire early. But most of the time, this goal seems almost impossible to achieve.
Well, let us tell you... it's NOT impossible! Welcome to the world of FIRE! (1/n)
#financialplanning #financialgoals #retireearly #thread
Well, let us tell you... it's NOT impossible! Welcome to the world of FIRE! (1/n)
#financialplanning #financialgoals #retireearly #thread
So, what is FIRE?
FIRE stands for Financial Independence Retire Early and it's all about achieving financial freedom so that you can retire early and live life on your own terms. (2/n)
#financialindependence #financialfreedom #retirementplanning
FIRE stands for Financial Independence Retire Early and it's all about achieving financial freedom so that you can retire early and live life on your own terms. (2/n)
#financialindependence #financialfreedom #retirementplanning
Can you achieve FIRE in India?
Yes, you can!
Firstly, you need to focus on your Savings Rate (SR). This means cutting back on unnecessary expenses and living below your means.
A high SR is key to achieving financial independence. (3/n)
#saving #investing #FinancialFreedom
Yes, you can!
Firstly, you need to focus on your Savings Rate (SR). This means cutting back on unnecessary expenses and living below your means.
A high SR is key to achieving financial independence. (3/n)
#saving #investing #FinancialFreedom
If you are looking for an efficient investment to save tax in India, this is for YOU!
The BEST way is to invest in ELSS Mutual Funds. You can save up to ₹46,800 in taxes under Section 80C!
Here is how! (1/n)
#ELSS #mutualfunds #taxexemption #thread
The BEST way is to invest in ELSS Mutual Funds. You can save up to ₹46,800 in taxes under Section 80C!
Here is how! (1/n)
#ELSS #mutualfunds #taxexemption #thread
Every year in March, as the financial quarter comes to an end, there is a rush to invest in tax-saving funds.
And with the quarter end so near, let's look at why ELSS is so popular as a tax saving scheme. (2/n)
#ELSSfunds #taxsavings #investment
And with the quarter end so near, let's look at why ELSS is so popular as a tax saving scheme. (2/n)
#ELSSfunds #taxsavings #investment
What is ELSS Fund?
ELSS fund, or Equity Linked Savings Scheme fund, is a tax-saving scheme that allows you to save tax while investing for your long-term goals. (3/n)
#savetax #financialgoals #taxsavingschemes
ELSS fund, or Equity Linked Savings Scheme fund, is a tax-saving scheme that allows you to save tax while investing for your long-term goals. (3/n)
#savetax #financialgoals #taxsavingschemes
Wondering if you should start a SIP?
Here is a thread that can help! (1/n)
#mutualfunds #investing #SIP #thread
Here is a thread that can help! (1/n)
#mutualfunds #investing #SIP #thread
The market has been very volatile for the last couple of months.
With 2023 lined up to be another uncertain year, how should investors take advantage of such a year? (2/n)
#investors #volatility #wealthcreation
With 2023 lined up to be another uncertain year, how should investors take advantage of such a year? (2/n)
#investors #volatility #wealthcreation
The answer is simple. Rather than waiting on the sidelines, the best way to participate in the market is via a SIP! (3/n)
#SIP #investingtips #compounding
#SIP #investingtips #compounding
Just a month into the new year and we already see some new myths floating around Financial Planning.
In this thread, we aim to debunk some of these myths & take a look at how financial planning can help you, the reader! (1/n)
#financialplanning #FinancialFreedom #MythVsFacts
In this thread, we aim to debunk some of these myths & take a look at how financial planning can help you, the reader! (1/n)
#financialplanning #FinancialFreedom #MythVsFacts
Myth #1 Financial Planning is Only for Rich People
At their core, a good Financial Planner helps YOU achieve YOUR GOALS. Everyone has goals, not just rich people.
A good financial plan will help map your goals & help make your 'plan' a reality. (2/n)
#financialgoals
At their core, a good Financial Planner helps YOU achieve YOUR GOALS. Everyone has goals, not just rich people.
A good financial plan will help map your goals & help make your 'plan' a reality. (2/n)
#financialgoals
Myth #2 I am too old/ too young for a Financial Plan
Age is no bar. You are never too young or too old to have a proper financial plan in place. Planning can help people build wealth over a period. (3/n)
#FinancialFreedom #financialplanner #retirementplanning
Age is no bar. You are never too young or too old to have a proper financial plan in place. Planning can help people build wealth over a period. (3/n)
#FinancialFreedom #financialplanner #retirementplanning
1/21 Let's talk about $WE. Last month @SeekingAlpha reported that WeWork could declare bankruptcy in 2023. They have a $ problem.
loom.ly/roQICwI twitter.com/i/web/status/1…
loom.ly/roQICwI twitter.com/i/web/status/1…
2/21 Their analysis of WeWork's failed business model is spot on.
"The problem for $WE is the margin between what they pay and what they receive from their #customers has not been enough to cover the very large administrative/marketing/advertising #expenses."
"The problem for $WE is the margin between what they pay and what they receive from their #customers has not been enough to cover the very large administrative/marketing/advertising #expenses."
3/21 Their story is wild. WeWork was founded in 2010. By 2014, it "the fastest-growing lessee of new #office space in New York" and was on track to become "the fastest-growing lessee [lessor] of new space in America."
It's possible to become #financiallysuccessful even if you start with no money. It may not be easy, but with the right mindset and plan, you can increase your chances of success. #personalfinance #moneymanagement
First, set #financialgoals and create a plan to achieve them. This will give you a roadmap to follow and help you stay focused on your path to financial success. #planning #success
Educate yourself on personal finance, investing, and money management. The more you know, the better equipped you will be to make informed financial decisions. #education #investing
To all of you who are new to the workforce… Congratulations!!! You have secured your first job.
But are you confused about how to best use your current salary? (1/n)
#salary #cashflow #payday #money
But are you confused about how to best use your current salary? (1/n)
#salary #cashflow #payday #money
Most people complicate things. It is only natural when there are so many investment products to choose from. That need not be the case.
Here are some simple tips for someone just starting! (2/n)
#equity #fixedincome #gold #realestate
Here are some simple tips for someone just starting! (2/n)
#equity #fixedincome #gold #realestate
#1 Start Building an Emergency Fund
This should be your first priority. In case of emergencies, you shouldn't be left empty-handed.
Having 3-6 months of expenses set aside will be optimal. (3/n)
#emergencyfund #savings
This should be your first priority. In case of emergencies, you shouldn't be left empty-handed.
Having 3-6 months of expenses set aside will be optimal. (3/n)
#emergencyfund #savings
Have you ever wondered how much you need to save for your retirement? Ever wonder if you will make it or fall short?
Over 600+ clients have benefited from our Financial Planning engagement!
Here are FIVE ways financial planning can help you! (1/13)
#financialindependence
Over 600+ clients have benefited from our Financial Planning engagement!
Here are FIVE ways financial planning can help you! (1/13)
#financialindependence
Before we begin, financial planning is a very personalised process. Every person's need is different. That is why we aim to craft tailor-made financial plans to meet each individual's needs. (2/13)
#financialplanning #personalfinance #savingstips
#financialplanning #personalfinance #savingstips
#1 Achieving Your Goals
Managing your finances in a way through which we can help you meet your goals is the crux of the planning process.
Proper planning can help you accomplish goals that you thought were far out of reach! (3/13)
#financialplanning #financialgoals
Managing your finances in a way through which we can help you meet your goals is the crux of the planning process.
Proper planning can help you accomplish goals that you thought were far out of reach! (3/13)
#financialplanning #financialgoals
Thread 🧵on Why to Invest Money ❓
Must read for everyone, especially youngsters....
(If you like then please re-tweet to maximize reach)
#FinancialLiteracy #InvestmentPlanning
Must read for everyone, especially youngsters....
(If you like then please re-tweet to maximize reach)
#FinancialLiteracy #InvestmentPlanning
1⃣ With the passage of time the term #Money has become one of the most important necessity of everybody’s life, without which thinking about anything is next to impossible.
