It’s always a great time to hit pause and reassess your financial plans. The start of a new financial year is an ideal time to take control of your finances and create a budget to manage your money effectively. Budgeting can seem like a daunting task, but with the right mindset and approach, it can become a simple and effective tool to help you achieve your financial goals.
It’s always a great time to hit pause and reassess your financial plans. The start of a new financial year is an ideal time to take control of your finances and create a budget to manage your money effectively. Budgeting can seem like a daunting task, but with the right mindset and approach, it can become a simple and effective tool to help you achieve your financial goals.
Livemint spoke to experts who shared some tips that could help you go back to the fundamentals and ensure you’re on the path to mastering your money.
Livemint spoke to experts who shared some tips that could help you go back to the fundamentals and ensure you’re on the path to mastering your money.
1) Set Clear Financial Goals
Start by setting specific, measurable, achievable, relevant, and time-bound (SMART) financial goals. “This broad approach can help you ensure you are getting the most from your money – whether it’s for saving more or for investing better,” said Nikhil Aggarwal, Founder & CEO at Grip.
1) Set Clear Financial Goals
Start by setting specific, measurable, achievable, relevant, and time-bound (SMART) financial goals. “This broad approach can help you ensure you are getting the most from your money – whether it’s for saving more or for investing better,” said Nikhil Aggarwal, Founder & CEO at Grip.
Read the full article here