Independent Financial Advisor

  “Don’t save what is left after spending but spend what is left after saving”. Many of us had read this line many times. However, it is not only for reading; it is also for implementation. Saving money after spending is not advised because you never know how much money you will spend. To manage your money and achieve financial freedom, it is crucial to saving money before spending. Life is unpredictable you don’t know what is going to happen. However, you may deal with it easily if you have a strategy or are prepared to face any financial circumstance or an unexpected emergency. Savings also offers you a sense of security and assurance that makes it easier for you to overcome any financial challenges that come your way. So start saving right away for a secure future. If you are wondering how to save money, then here are some tips that you can consider: Reduce Your Debt: Avoid taking on excessive debt because doing so will lower your savings. A loan or credit card may allow you to ...

Today everyone wants to manage their finances to have secure life ahead. Creating a financially secure life can feel like a daunting task but not impossible. You can manage your finances if you know what to do and how to do it, such as how to spend, where to spend, and how much to save and spend. Here we mentioned some do’s and don’t that one should know to manage their finances properly. Do’s Plan your spending before receiving the money Plan your spending, including how much money you'll spend and where you will spend it. This will give you a sense of how you will be able to manage the money once it arrives and prevents unnecessary spending. Track your spending and combine your accounts Combining your accounts enables you to view the whole picture and your net worth, which we strongly advise you to monitor on a frequent basis. Making difficult decisions can be made even more challenging if you are unsure of how they will turn out. Make saving a habit and automate it Automating yo...

You must develop the most effective financial strategy for you if you want to reach financial freedom. To do that, you must be aware of your financial situation, including your monthly income and expenditures. Knowing this will help you manage your money and come up with the best strategy for you. Making a financial plan for this is a wonderful idea since you will be able to save for the future and know how to use your money more effectively. Creating a financial plan is not as difficult as it seems to you. By following these steps you can create the best financial plan for yourself.  The first and most important thing in creating a financial plan is to know where your money is going. By understanding this you will be able to balance your money.  Create a budget plan now that outlines all of your spending, including how much you must spend where, and when. All of your every day and home expenses should be included in your budget so that you may make a plan accordingly. You mus...