Download - Guidelines for Financial Planning
DUBAI
Get the basics and some of the best tricks to masterfinancial concepts.
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Compute figures and get an estimate of earnings andsavings instantly.
Saving money over a lifetime requires conscious effort and continued awareness
so that it becomes a habit.
The starting point for any savings goal is to understandyour spending patterns.
Understand the ‘Interest’-
In exchange for opening an account and giving bank themoney, the bank agrees to increase it by offering interestevery year.
Start savings sooner than later.
How to Save Money ?
The best plan is to save first and then spend what you haveleft over.
Borrowing provides an effective bridge between income &savings on the one hand and expenses on the other.
Borrowing personal loans in Dubai in simple words istaking money or cash from an institution with acommitment to pay this amount back over a period oftime with interest.
Borrowing money requires three key elements: ability torepay, steady income and discipline.
There are several reasons why someone should look togrow their wealth.
▪ Ex:- retirement, children’s education, etc.
The first step to grow your wealth is to understand one’sown risk profile.
The rating segregate the profile into one of three uniquegroups of investors that suggest the best suitable ways onhow to invest money -
Conservative Investor
Moderate Investor
Aggressive Investor
This plan not only helps saving but also tells how & where to invest money as well as how much to spend.
Retirement is a part of financial planning and planning finances as most people think isn’t just about securing retirement.
There’s more to it, such as achieving goals, saving and spending thoughtfully.