Financial Management

  

Financial management is important now a days because in lack of financial management one's life may be hazardous. At present it is seen that lower middle class is disturbed because of financial crises. It is very difficult to arrange two times meal easily. 

Job market is reducing day by day by the advent of AI now job requirements are different. By having simple education it is not easy to make money. 

It is need of the hour 

first have earning source

Second know the methods to grow the money. 

Have clear distribution of money for every goal of the life. 

Have proper financial management to achieve your goals. 

Get information about different ways to make money. 

Work on your nichle to earn money. 

By financial management  you can have more money by working less. Because traditional ways of increasing our money are not efficient. 

Now by FDs you earn less interest. 

By investing in mutual funds for less time is also not beneficial. 

By investing directly in stocks are also not beneficial. 

For investing in real states the is need of lump some amount. 

In future there is fear of inflation also,.. 

But all these problem can be solved easily by financial management. 

Under financial management one learn when and where money must be invested. 

Which investing options are lucrative. 

How long one must be infested  to get good returns. 

So financial management is very important one should learn either by free source like YouTube, Blog.. or by getting proper degrees from financial institutions. 

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Financial Education

 

What is need of financial education, it is the burning question of today. Now a days everyone want to earn money without work and that is possible only by financial education. 

But how one can get financial education do answer is from those who have financial education. Many a time we go to our heads of family like father, mother, uncle..... etc for getting financial education, but if they don't have any financial degrees or they don't have any finance related work then they are not very helpful. 

So better we must take financial education from any finance expert who have studded finance at any stage of life. One can go to YouTube also but always follow the rule that listen everyone but take your own decision. 

Generally it is observed one doesn't want to pay the fee for consulting with financial expert to get financial education. It is not good approach. One should pay fee and take proper financial education fom some expert. 

Financial education is not subject which is learnt once and it gets over it is the subject which needs regular Updation. Financial education effects very much from present market trends , government policies, so it is vast subject therefore one has to put much efforts to learn it. 

Financial education can be got by that person who have strong mind setup because if one is not mentally fit then he can become stressful very easily. 

Financial education is now a days very important if one becomes sound in financial education then he can lead his life tension free. 

Financial Security

 Financial security means having enough money to survive without stress. 

Financial security means enough money to survive. 

Financial security means stable earning source.

Financial security means not in stress because of money. 

Financial security means don't put your mind in calculating the budget before purchasing any thing. 

Financial security means not in worry because of money. 

Financial security means you can go through any type of medical expenses. 

Financial security means you can rest sometimes. 

Financial security means you can go on vacation. 

Financial security means you can think of you can help others without thinking much. 

These are some aspects of financial security. But big question is that how one can get financial security. 

Answer by increasing present  earning sources don't think that by only investing you can have financial security , you can have financial security in this way also but you will have wait much time because compounding works in the long run. 

If you increase your earning sources then you can get this financial security at earliest. 

For this if you have a stable job then try to search some online platforms to make money. For this online platform can be gone through. 

Make video on YouTube

write a blog

Invest your money for long time

Write a book

Talk about making money

Be confident that you will be able to have money

Have Dmat and purchase some good shares

Ultimately your every second must be used to earn money. 

Financial Freedom

 We want to state that now a days financial freedom is important. Everyone wants to lead life without any worry but obstacle is worry of money for daily use. 

If someone is not worried about money then he can lead his life peacefully. But big question is how to achieve the financial freedom. 

Keep money in the bank but in this one's money will not grow as per future need. So one can start any shop but now a days people don't want to work so he wants money without work. 

One can put his money in Mutual Fund but it depends on your right choice and right time for investment. If one is good at this then he can earn money otherwise one will finish with little growth or with loss in invested money. 

One can buy property but there is need much money to purchase property and also it is very painful to keep vigil on the property. If one's property is captured by someone then whole life may pass in the process of court. 

Financial freedom is such which depends on one's need and one's desires. One can fulfill one's need but not one's desires. So better find the ways to grow your money but find ways of different earning sources are also essential. 

Funda is  earn more, work more, keep less desires, be realistic and invest the money and try hope to earn decent interest then you can be little near to financial freedom. 

Financial planning

 We need financial planning? 

Yes it is important to have planning or work till last breadth. Today every one want easy money, money without work is required by everyone. 

But it is not so easy task now a days after working hard also enough money is not earned

Inflation is very high, jobs are rare in this scenario one should focus on investment and  take  benefits from compounding. 

Only this is the way to maintain our present lifestyle without stress. 

What is financial planning? To increase our less amount by investing is financial planning. One should find the way how one can grow his money. 

By investing in Mutual Fund

By FD

By investing in share m share market

By trading

..... Or in any other way. 

Actually choosing the right method is also an skill and every one does not have it. So first think and estimate how much money is required for you? 

Then analysis Whether you have that Or not, if not th e n take help of any financial planner. It would be beneficial. 

These are my views follow if you like. 

Stop making silly mistakes in maths

 

Now exam is near and it is common practice with everyone to commit mistakes.Generally everyone commit silly mistakes which can be judged by the examiners easily.

 Try to ignore  following errors. 

1.Students  must read the question clearly. 

Many a time it is seen that students don't read the question clearly. And get the answer incorrect. 

2.Go through the paper thoroughly,

 Generally sometime we miss the question in the paper which was easy and of  our choice. 

3.Cram some values, 

Many a time it is seem that calculation takes much time  and  in hurry sometimes mistakes are committed. So sometime to avoid such wastage of time try to learn by heart some values, so that we can check the wastage of time. 

4.Learn some new methods,

 Always practice many questions daily, and try to learn new methods, by resorting to new methods you can solve questions easily and quickly. 

5.Write clearly ,

 It is common thinking that every one thinks that in maths there is no need to write clearly. Good writing always matters. When examiner has to put his efforts to understand the writing then out of irritation he did not gives marks easily, he try to cut the marks out of frustration. 

So stop comming silly mistakes in maths and score much. 

Three Tips For Board Exam.

 

CBSE board exam is near and how one should prepare for the exam without tension, stress some ways are

1 Solve Previous Years papers

Just open the papers of previous years and solve them. Once when you start solving the previous years papers you will gain the confidence and you will come to know what types of questions actually asked in the exam. 

Previous Years Papers are the source to understand the nature of the asked questions in past and it is very useful once you understand the nature and types of questions frequently asked in the exam you will be able to solve the questions comfortably. 

2. Objective Questions

Objective questions are very important and demands much deep knowledge . Objective questions are important because they can give you full marks without any deduction. To solve the objective questions , first you should go through the Objective Questions of previous years papers. When you solve the objective problems of previous years papers then you understand the nature of the questions and Types of questions also. 

3. Have Strategies

Don't be in tension but have plan to compete the task. By planning you can achieve your goals but by worrying you can loose your mental peace better to write Strategies and work accordingly. 

At present when there is not any death of  material, then gaining good marks is not a Herculean task. 

Just go through many website which have collection of imp questions, solve them. 

Chapter Wise Test Series by RK Swami Sir CLASS 10 MATHS