Common Financial Mistakes to avoid
I'm writing this article to share my thoughts for married couple. Even though we may have advanced in terms of technology, education, better standard of living we fail when it comes to financial decisions. No matter, how much we earn or how fat our bank balances is, as long as one does not have financial discipline it would end up wiping out one's wealth in matter of no time. Life is best lived when we are prepared to face the worst. Allow me to share some of the fundamental financial mistakes we continue to make despite all the education and knowledge we have acquired. 1) Failing to purchase right financial product at right time Let us answer the below mentioned questions How many of us have health or Term(Life) insurance policies? Even if we have it, how well are we aware of the policies for which we make regular premium payments? Are we aware of the various inclusions and exclusions covered in our policies we have taken? Most of us fail to understand the importance ...




Comments
Post a Comment