SECOND SOURCE OF INCOME

Hello Friends,

My this blog is related to tell you about A secret to generate a second source of income.  

A famous quote is:
"Never depend on single income. Make investment to create a second source."
Warren Buffet 
Every person wants to live a comfortable life. It can't be possible if you are depended on single income. Let's reveal the secret to generate the second income.

IT's A SYSTEMATIC INVESTMENT.



Investment of your savings in a systematic way is the best source of your second source of income. 

Let's take an example:

"Mr. A is a salaried person and he has only source of income with some savings for future and he keep it safe in a Piggy Bank but not make any investment.Only savings is not the second source of income but investment of savings in a systematic way is the best source of second income."

"Mr. B is also a salaried person and he has only source of income but with some systematic investment of his small savings like Mutual Fund Investments, FD s, Gold etc  So he has the best source of income rather than Mr.A."

As you know Compounding creates magic and it will make your investment costlier than you think. You will get better returns rather than any other investment beyond your imagination. 

So start making your second source of income by doing systematic investment. 

I hope it will be helpful to you. 

Thanks and Regards

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

9871580806,8826566751
rightsteptoinvest@gmail.com


Comments

Post a Comment

Popular posts from this blog

AN INITIATIVE TO TAKE A RIGHT STEP

Image
Hello Friends,  This is my first post and need your support to grow.  I am working as a Financial Advisor  and Tax Consultant.   I would like to suggests you that just take   A Right Step: To Save  To Plan  To Invest To make your money grow  and this will help you To move a right step about your financial planning and growth .  Thanks & Regards Kulvinder   Kaur B.COM(H), MBA(Finance) 9871580806,8826566751 rightsteptoinvest@gmail.com
Read more

IMPORTANCE OF BUDGET

Image
Hello Friends, My this blog is related to tell you about the Importance of Budget.  "Budget is a plan in which you decide how to spend money  systematically." Let's take a simple example and starts from your home: Rahul is a married man with two kids earns Rs. 35,000 in a month and get on the 10th of a month and starts spending it in various expenses like bring a ration, pay for school fees, buying vegetables, buy some clothes, pay some medical expenses etc. and at the 25th of the month he already spend Rs. 28,000 and only Rs. 7,000 left with him without any savings for rest of the month and then he worried that how to spend for rest of the month.  Ramesh is a married man with two kids earns Rs. 35,000 in a month and gets his salary on the 10th of a month and makes a budget and spend accordingly and at the end of the month he has left some money as a savings which he uses as an investment as well as for emergency.  In the second examp...
Read more

HAPPY NEW YEAR 2020

Image
Hello Friends , Happy New Year 2020.  Happy New Year is a word which means a coming year will be happy for all of us and gives all the happiness and good wishes for all that our dreams come true.  Yes, So I will give you a secret mantra for all the successful years ahead which makes you happy in all years ahead of your life.  Just take a Right Step: To secure your income. To secure your Life. To secure your loved ones.  To secure your Present as well as Future. Thanks and Regards Kulvinder Kaur
Read more