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WEALTH BUILDING
Invest at 25, not 40? Entrepreneur Ankur Warikoo shares 5 money habits that may be keeping you poorMany professionals struggle to save money despite earning more income, claims entrepreneur Ankur Warikoo. Blind spending without a budget d...
Rs 4 crore annual income, Rs 40 crore net worth. This client still lives in a rented home, says CACA Nitin Kaushik shared the example of a client earning Rs 3.5-4 crore annually with an estimated Rs 40 crore net worth who still lives in ...
Quote of the day by John Bogle: "Sometimes common sense tells us what statistics cannot"Legendary investor John C. Bogle stressed common sense in investing. Statistics reveal trends, but not all market dynamics or psychology. H...
Most people don't fail to build wealth because they earn less, says CA. Here's what holds them backCA Nitin Kaushik says most people fail to build wealth not because they earn less, but because they rely on motivation instead of systems. ...
Quote of the day by Joel Tillinghast: "People who have had success in other parts of their lives have difficulty accepting how much failure there is in the stock market"Joel Tillinghast notes successful individuals struggle with stock market losses. The stock market involves uncertainty, economic cycles, an...
Wealth wisdom of the day: 'Understand not only the magic of compounding long-term returns, but the...': Crucial money lesson for investors from the 'Father of Indexing'
Vivek Oberoi's family lost everything during Partition. Actor-investor shares the partenting lesson he passes on to his kidsVivek Oberoi recently talked about his financial lessons and the establishment of his family office. He learned money management from his f...
Groww Q1 profit nearly doubles to Rs 735 crore; MTF, commodities gain shareGroww said equity derivatives accounted for 52% of total income, down from 54.8% in the March quarter and 56.4% a year earlier. The contrib...
Rs 12 LPA and stress-free vs Rs 27 LPA and trapped: Two friends reveal the truth about lifestyle inflationAnkit Pandey shared the contrasting financial journeys of two college friends, one earning Rs 12 LPA and another Rs 27 LPA. While the lower...
Best quote of the day by Marcus Aurelius: The only wealth which you will keep forever is ..." The timeless Stoic life lesson that can make you really richFamous quotes on life lessons: A 2,000-year-old quote from Marcus Aurelius redefines wealth for modern India. It suggests that lasting rich...
You can leave your kids crores and still fail them, warns CA and explains why money alone doesn't secure family's futureChartered Accountant Nitin Kaushik emphasizes financial literacy for heirs. He states wealth erodes without knowledge of risk management an...
NFO Alert: The Wealth Company Mutual Fund announces launch of midcap fundThe Wealth Company Mutual Fund has launched a new midcap equity scheme. This open-ended fund will invest predominantly in midcap stocks. Th...
Bengaluru CA, ex-KPMG employee, thought Rs 1 crore would make her rich. She was wrongHigh salaries do not guarantee financial freedom as lifestyle expenses often increase. Meenal Goel notes that income alone does not determi...
The greatest wealth you can leave your children isn't money, says CA. He shares what it isChartered Accountant Nitin Kaushik believes a financial mindset is the greatest asset. He argues money and physical assets are vulnerable t...
Earning Rs 30 LPA does not mean you have 'made it to elite club': CA warns and shares the real-world mathA Rs 30 lakh annual salary is a significant achievement for many professionals. However, this income does not automatically ensure financia...
'Money is multiplied in practical value depending on the number of W’s you control in life...': Wealth Wisdom for the new rich, achieving 'freedom multiplier'You must know certain things about your money, growing it, making it work hard for you to see the growth on a practical level. Being financ...
Still arguing over the dinner bill? CA says this one habit could be holding you back from building wealthObsessing over small expenses can hinder wealth creation and damage relationships. Financially successful individuals focus on building ass...