Imagine you have two jars: one is labelled as Income, and the other is called Wealth. The Income jar gets fill-up regularly – daily, monthly, or yearly. This is the money we earn from job, business, etc. It keeps coming in, but it also gets spent. Now, the Wealth jar is different. It’s like our…
We must remember that our financial future is a landscape of opportunities. Every financial decision we make today shapes the horizon of our wealth tomorrow. Every investment made, whether it’s choosing a promising stock or setting aside a few savings, plants seeds of prosperity. Cultivating a mindset of strategic wealth-building is necessary. Our focus on…
Embarking on the stock market journey? Discover the essential principles with our “9 Golden Rules of Investing in Stocks.” Learn to navigate market uncertainties, avoid common pitfalls, and make informed decisions. Whether one is a beginner or seeking to refine strategy, these rules offer valuable insights to better our investment journey. You are ready to…
Systematic Investment Plan (SIP), stands as a cornerstone strategy for wealth creation and financial stability. For nearly two decades, one steadfast investor embarked on a remarkable journey through the landscape of SIPs, refining strategies, embracing volatility, and reaping the rewards of consistent, disciplined investment. Let’s learn from the two decades of SIP investments. The purpose…
Let’s unlock the wealth for ourselves. There exists a universal dream among people of building wealth and securing a brighter financial future. But we often hear the cry of those who say they lack the savings required to venture into the world of investments. Hence, they procrastinate, being convinced that the doors to financial prosperity…
Did you know that according to a recent study, nearly 80% of millionaires in the US are self-made? That’s right – they weren’t born into wealth or handed their success on a silver platter. Instead, they followed a proven process for building wealth and achieving financial freedom. If you’re ready to join their ranks and…
Financial intelligence is not developed in young people when they are in school. People who’ve it, got it from self-study and practice. But, in the midst of our daily chores of life, self-learning may look like a burden, extra effort. Hence majority skip it. Our education system is not formatted to include money-related lessons in…
Savings + Investment Portfolio + Philosophy = Wealth Accumulation A high-rise building stands on a strong foundation. If wealth is like a high-rise building, then what is its foundation? There are three constituents: (a) savings, (b) investment portfolio, and (c) knowledge of the philosophy of wealth building. It is a common belief that high income…
![Wealth Building: How To Build Wealth in 30s [Wealth Formula]](https://ourwealthinsights.com/wp-content/uploads/2010/07/Wealth-Building-Image.png)
There can be a formula for wealth building. If you are interested to know about how to build wealth then you just need to follow this formula. Who can use this formula? Anyone can use it. But people who are in 30s can benefit most out of it. Why? Because they are ones who have…
How the information stated in RERA website helps the potential home buyers? Before we go into those details I would like to say that the presence of RERA (a regulator) itself is a big “protection” for the home buyers. Real Estate Regulatory Authority (RERA) acts as a regulator of the real estate sector in India….
Almost all salaried people in India contributes to EPF scheme to build a retirement corpus. But NPS (National Pension System) did not had this kind of penetration. In 2009, GOI made NPS available for ‘all citizens’ of India. Earlier it was available only for the government employees. Today we know that NPS can build a…
One day my Life Insurance agent approached me and informed me about a child insurance plan. That insurance policy provided insurance coverage of Rs 10,00,000. Upon purchase of this child plan, the annual premium payment was Rs 52,000 for next 18 years. The returns will be affected at the end of 18th year, 19th, 20th, 21st,…
