Spend, Save and Invest Smartly

Money Mother

Planning for a secure financial future is not easy task. Yet every individual are in charge of their own financial futures. Most are aware that Investing is critical. Investing is an exercise aimed to ensure availability of right amount of money at the right time to meet one’s financial goals. Before planning for investments it is very important to know the general meaning of investment. Women are always keen in accumulating savings for meeting future expenses. Instead of keeping the savings idle you may like to use savings in order to get return on it in the future. This is called Investment.

In other words, investment is the sacrifice of certain present value for the uncertain future reward.

The most effective point always to be bared by every investor is his perception towards the stock market. Firstly, the person should have understanding and less greedy towards the stock market investing only then profits can be earned well by such investors. Secondly, there is no need to rush for investment. A well planned step by step method for entering and investing the stock market will help in earning maximum profits and control the losses. By this way the investments made will stay safe and give better returns.

Minimum requirements

  • Open a trading & demat account with any local broker or a well-known bank, which offers/ online trading facility.
  • Choose the bank that offers 3 in 1 savings a/c, so that you can transfer funds to your trading account before initiating the trade. You can transfer funds back to your savings a/c after 4 days of selling the shares.
  • Lastly, you need to possess a telephone, latest computer / laptop with faster internet connection.

Now every wife would love to say, "Honey, I too wanna make money…."

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