SaveFirst

Its human nature to curse god for everything you dont have but if we start thanking god for what we have, actually years n years will fall short to say thanks. Its always good to enjoy the present and keep saving for future with a single motto SaveFirst-Khushian Har Pal

No one ever had any clue in March 2020 that this fight against Corona will stretch beyond March 2021. When ever Corona Period will be reviewed this will be an established fact that Good Health and Adequate Saving are 2 important weapons to fight and win every war. At SaveFirst, we are committed to make every household well prepared with these two. SaveFirst - Khushian Har Pal

Trust is equally important word as Committment. Once you start trusting a goal, a relationship, a dream, your seriousness to achieve doubles up. It is important to trust your goals and link them to your financial planning exercise.

Once you live with committment, you actually live with pride. Committment is actually difference creator in life. Your committment puts you in difference league altogether.

Life itself is a wonderful gift, rather Life is one of the most beautiful creations of god. On moving wheel of life everyone experiences lot of Kicks...what are these Kicks actually.... these are actually opportunities to move ahead.

Sahaj Pake So Mitha Hoye - means good things always take substantial time to give very good results and its very true for your investments that you plan for your life goals. Rs. 5270 per month if invested with discipline of 25 years will grow to 1.0 Crore, thats what you call Power of Compounding. Happy Saving!!!

If Child Education spending is an Investment, its important that this Investment is done with lot of Planning and determination. If 15 yrs is the target period (assume child age between 1-3 yrs). You can easily build a fund of 50 Lakh with a monthly SIP discipline of Rs. 9800/PM

When ever you set goals in life, make sure you focus on your Goal with complete concentration. No circumstances should derail you from your target. Thats how you build a successful life.

Stress is basic route of any trouble. Dont hold stress for to long....its weight will only increase to self damage yourself. Let your Financial Advisor be your dependable shoulder.

While we understand that Human Life Value is a most scientific way of calculating how much cover you need. You need to sit with your advisor and take professional help to calculate your HLV. However there is a Thumb Rule that says that you can calculate your HLV by multiplying your monthly earning by 120 times.

HLV - Human Life Value is very ignored subject but remains utmost important for every Human Life/Family Head. This concept makes you read for adversities of life and takes care of your future financial needs. You must secure yourself with an adequate Term Plan as per you human Life Value.

There are 5 types of income you can create. Active Income / Passive Income / Leverage your talent Income / Income from Capital Gains / Brand Building. You certainly need to add two more income types to your active income.

In life you choose mode of travel as per your goal or destination. Cycle is good but it wont take you every where....Flight is little riskier but you wont have any options if you need to travel long distance. Use your mode of travel with care as you choose your mode for investing money.

ELSS - Equity Linked Saving Scheme is very balanced way to save taxes upto 1.50 lakh and enjoy better returns as compared to Life Insurance PPF or 5 Year FD. ELSS offer you diversification as well as well as liquidity after 3 years with handsome returns. Choose ELSS over any other Tax Saving Instrument.

While you set your goals, its important to ensure that you have right advisor. Actually advisor is your Saarthi...like the one Pandvas had in Mahabharta as Bhagwan Krishna. The way you choose your Architect, Your Astrologer and your Heart Specialist, same way you need to chose your advisor. Once your chose your advisor then trust him completely.

While you start investing for your future goals, one aspect gets highly ignored thats about keeping record as well as reading the fine print. You need to change the habit and keep record always handy and maintained. They say its not about having lot of money rather its about knowing how to manage it well. Study all documents thoroughly and file them properly.

Once you plan to start saving for your future goals, this is important that you create an atmosphere of celebration in family. This will create a very positive atmosphere and feeling of one unit/team among all family members. Once you discuss this with family members, they will discuss Why Where and How and everyone will feel happy about your decisions. Thats a true feeling of being a complete man.

Out of 3 situations we come across in life, the 3rd one is Medical Emergency...no one really knows when will be meet it but once it comes there is huge amount we need to spend. Medical Treatment is very expensive, all you need is to avail Health Contribution scheme in a way that your cover should be min 25 lakh. This should come as a upfront cover + a Top Up. Be prepared with all three situations to be a complete man

A complete man is the one who is always prepared to face any situation in Life. God has planned our life to face 3 situations only but only god knows what comes when. Living to Long - If live very l ong we need lot of money to achieve all life goals. We need Power of Compounding. If god forbid one dies too early - Family still needs lot of money, you need to have an adequate Term Insurance Cover to face this situation. No. 3 is a Medical Emergency where you might need 25 - 50 lakh in case of an accident or critical illness. One with total readiness for these 3 situations is a complete man.

While we now understand, there are 3 important financial goals that need your consideration. They are 1. Child Education 2. Daughter / Son Wedding 3. Retirement Planning its important that you take an early start by Saving before Spending.