The youth is the power of India, and I see a lot of youth being my friends, my clients, and my cousins they have rocked their earning and made them independent and have taken their family to a great Hight.
If you are youth of India, just know that you are rocking it, WE ARE THE FUTURE OF INDIA.
So, now people have a lot of plans post they get their first earning, they spend on buying some clothes, luxury items, or some other expenses.
What people forget is that about uncertainty that lies post first earning.
So, with the first earing what should you do?
1. Buy A life insurance plan- Life is uncertain, what may happen to anyone no one knows, so the first thing is if you are not there, your family should not face any problem. Get a term policy or a traditional policy for yourself. Consult us for more planning.
2. Buy a health insurance plan- As you know this corona times people have lost a lot of their capital in medical expenses, so paying a small premium can save your heavy capitals. Consult us for more planning.
3. Invest in Recurring deposits/ Mutual funds or FDs
4. Clear all the debt you have.
Post that when you have secured your life, health and other needs, now spend on luxury, being tension free for future.
Regards
CA Umang Jain
Proprietor
Umang J & Associates
www.caumang.com
©2023 by caumang.com
Comments