BEWARE OF UNFORESEEN EXPENSES

Hello Friends, 

My this blog is related to tell you that how little expenses effects on your savings. So there is a need to beware of little expenses and make your investment in a way to overcome this problem. 

Let's start with a story:

You all heard about the Sinking of Titanic. A small hole sink a huge ship. Just like that unexpected small expenses will leak your savings. So it is our duty to be careful before making any investment that will help you to handle any unexpected emergencies. 

A famous quote: 

"Beware of little expenses; a small leak will sink a great ship"

Benjamin Franklin


As you know that emergency is unexpected and no one can stop it. But the important point is how to deal with this emergency like medical treatment, any other miss-happening will finish your all time savings in a while. Have you invest enough for facing these kinds of expenses? So start work on it. 

There are some tips how to make a systematic investment that will help you to make your savings invested in a systematic manner and helpful for you to handle with these kinds of expenses:
  • First take a Term Insurance Policy to secure the life of your beloveds.
  • Take a mediclaim policy to handle you medical emergencies.
  • First Save and then Spend. 
  • Invest your money for the long term.
  • Create an emergency fund for dealing with emergency situation.
  • Your portfolio must be diversify i.e. you need to invest in different kinds of saving plans.

I hope it will helpful to you.

Thanks and Regards

Kulvinder Kaur
B.Com(H), MBA(Finance)

9871580806, 8826566751
rightsteptoinvest@gmail.com

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