Thursday, October 3, 2019

Start Saving Early 
MONEYMONK WEEKLY MESSAGE 5/2019
Start Saving Early 
As early as possible, as soon as you start earning or if already late then TODAY!!
Regular and steady savings habit is the key ! This will act as a strong base when you learn to invest in equity. It will give you an optimal growth in the long run. If you are persistent you will achieve “Financial Freedom.With this freedom you will have a choice to do ‘what you like’. Some may call this early retirement too.

If you dont start saving early and investing wisely, you may become vulnerable and dependent  in retired life. With increased life expectancy retired life can be as long as 20-30 years.

A strong base is required  to achieve Financial freedom. This base requires regular and steady savings to invest.
There are a few more preparations to build a strong base namely Right Insurance to cover risks, contributing to provident funds and having an emergency fund.
I shall be talking about these in the weekly messages that follow.

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