Earn More, Save More Or Invest Wisely V2

Apr 12, 2010Download as pptx, pdf

1 like504 views

Sudhir Agarwal

This deck compares the growth in a persons net worth camparing increase in Savings, Earnings and Investments

Let me introduce you to the 3 friends. They studied together in the college. Mr Sandy: An expert in Supply chain managementMs Sush: The economics graduate, good with managing expenseMr Sam: The Analytics consultant, an avid investorThe 3 friends:

They conducted a survey as part of their college project and found: 55% of the respondents prefer to increase their earnings

15% concentrated most of their time on InvestmentsThe Survey report

They all passed from the college with each earning 100k. After spending all of them were able to save 20K and used to invest the savings into Mutual funds giving them a return of 8%They decided that they require to put extra effort to increase their net worthAfter the college

Sandy went with majority and started concentrating his major effort on increasing his IncomeSandy’s ApproachStarted working long hours

Reduced time for recreation and familyChange in his Income, savings and Investment returns

Sush started concentrating on increasing savings rate since she was good at expense managementShe cut down on luxuries

Reduced her vacationsSush’s ApproachChange in her Income, savings and Investment returns

Sam concentrated more on his investments, reviewing them regularly and make changes to his portfolio depending on the market situationSam’s ApproachChange in his Income, savings and Investment returns

They met after 5 years to analyze where do they stand in terms of net worthAfter 5 years of collegeThey promised to meet again after 5 years

After 10 years of collegeAt this time, Sandy and Sush were in a better position than Sam

After 20years of collegeBy this time Sam’s Net worth has surpassed that of Sandy and Sush.

If anyone deserves a holiday it’s entrepreneurs and small business owners. But excessive workloads and pressures mean that many business owners are failing to take a break, preferring to focus on pushing their company forward. Taking time out can seem counterproductive but when working long hours and facing high stress levels, finding the time to relax and reboot can be beneficial for both individuals and the business. So, if you’re in need of a break this summer but are worried about your business, we hope these 5 business mistakes to avoid help! For more business news, tips and guides please visit www.hiltonbaird.co.uk

Top 5 money mistakes of young couplesFinancial Services

Teachers' Guide to SavingsWesleyan

- The document provides a guide from Wesleyan for Teachers to help teachers better manage their savings. - It finds that over half of teachers believe they have less understanding of savings and investments than the general population. - The guide offers tips for teachers on building an emergency fund, setting savings goals, investing for retirement, understanding risk tolerance, and reviewing savings regularly.

Choosing right life partner - financial aspect. Yashallay Trainers and Consultants LLP

Pension changesDarren West

Under new rules, individuals have more flexibility in how they access their pension pot. Options include leaving the pot untouched, using it to purchase a guaranteed income for life via an annuity, taking small cash sums flexibly over time, or taking the entire pot as a lump sum cash payment. Individuals can choose to take different portions of their pension via different options. The best approach depends on factors like one's work status, income needs, age, health, pension pot size, and other finances. Free government services are available to help understand the options, and a financial advisor can recommend suitable products and strategies based on individual tax circumstances.

Investmentsnkomeshya1

This document discusses various methods of investment, including running a small business, entrepreneurship, farming, securities like shares and bonds, and buying fixed assets. It defines an investment as money set aside to generate future income or appreciation. Some key investment options covered are starting a business, buying shares in companies, purchasing bonds from governments or companies, and investing in real estate through property.

Rajesh bhutra financial freedom ebookRAJESH KUMAR BHUTRA

This document provides an introduction to achieving financial freedom through 6 steps. It begins by defining financial freedom as having enough passive income from assets to live off of without needing to work. It emphasizes the importance of assuring financial freedom for one's family by calculating the required "Financial Freedom Fund" based on expenses, then using life insurance to cover any gap between current assets and that required fund in case of premature death. The example of Mr. Prem shows how to determine his Financial Freedom Fund, subtract current assets and insurance, and purchase additional term life insurance to assure achieving the fund for his family. In summary, it outlines calculating the Financial Freedom Fund, assuring it for family through insurance, and building assets to achieve financial independence.

Thesis Defense - Improving a dashboard efficiency - 2010 - ENSonny Brabez

The document describes a project to improve the efficiency of an online advertisement performance dashboard for SAP AG. It discusses analyzing the business needs, defining dashboards, outlining the three-step dashboard development process of understanding key performance indicators, extracting and transforming data, and updating based on user feedback. The results section notes that while two automated reporting tasks were completed, the on-demand dashboard pilot was only partially finished due to resource limits.

Get Your Business Found on Google! (Bahasa Indonesia)jkairupan

201305 ニコニコ学会第４回シンポ振り返り　高須資料Nico-Tech Shenzhen/ニコ技深圳コミュニティ

Presentatie introductie brainstormNetherlands Enterprise Agency (RVO.nl)

2013 First Food Forum: Day three welcomeW.K. Kellogg Foundation

How to reset forgotten obiee 11 g rpd passwdRavi Kumar Lanke

This document provides steps to retrieve a forgotten OBIEE 11g repository (RPD) password. Unlike in OBIEE 10g where the password could be reset by changing a configuration file, OBIEE 11g uses a two-level authentication system for the RPD that cannot be bypassed. However, the forgotten password can be retrieved using a WLST script to connect to the credentials store in the WebLogic domain and run the listCred command to view the password for a given repository key.

DeviserTELE-satellite ara

This document provides an overview and review of the Deviser S7000 multi-standard digital TV signal analyzer. Key features of the S7000 include its ability to analyze signals from standards like DVB-S/S2, DVB-C, DVB-T/T2/H, ATSC, and DTMB. The reviewer was impressed by the large 7-inch touchscreen, extensive measurement functions, and ability to remotely control the analyzer. Testing of the S7000 will be continued in the next issue.

Installing and configuring informatica 910 and dac 11 g on windows 64 bitRavi Kumar Lanke

The Beginners Guide to VA Home Loans by Low VA RatesEric Kandell

anteprima del nuovo catalogo di integratori GJAVGJAV

Abbiamo pubblicato il nuovo catalogo degli integratori per sportivi GJAV, uno strumento indispensabile per approfondire le caratteristiche dei nostri integratori con dettagli tecnici molto interessanti per il corretto utilizzo dei prodotti. Scarica l'anteprima del nuovo catalogo di integratori GJAV La linea GJAV comprende otto integratori alimentari per sportivi alcalinizzanti, ciascuno dei quali è caratterizzato da una peculiare composizione, tale da renderlo adatto ad una specifica fase dell’attività sportiva (prima, durante e dopo) e per diverse tipologie di sforzo fisico. Tra gli ingredienti caratterizzanti gli integratori GJAV vi è pH alcalin®, una miscela di sali minerali specificamente studiata e realizzata per conferire ai prodotti la capacità di neutralizzare l’eccesso di acidità che si accumula nell’organismo, specialmente in seguito a prolungata e intensa l’attività sportiva o a causa di un’alimentazione sbilanciata.

May 2013 presentation for a leading it & outsourced business services provi...Dr. Paul Rosario (PhD)

This document outlines a marketing plan for a Mumbai-based IT company to consolidate its brand locally and internationally. The plan involves creating a brand identity manual, centralizing marketing content on a new corporate website, developing a PR strategy, and conducting market research on customers, competitors, and other stakeholders. The goals are to instill business pride, ensure consistent branding across 100+ offices, and position the company as a world-class provider through improved communications and campaigns.

Circuit pepquetco

Personal BrandingDigiArabs

Configuring windows 7 to provide secure wireless access point services to wi fiRavi Kumar Lanke

1) Windows 7 has a built-in capability to function as a wireless access point, allowing other wireless devices to connect to its local network and internet access. 2) Configuring Windows 7 as an access point only requires running a single command line instruction and does not impact the functionality or performance of the computer. 3) The command creates a virtual WiFi adapter on the computer and sets up the wireless network using the specified SSID and WPA2 password, allowing other devices to connect securely.

Modern Governor for Bristol School Governors, July 2013Elaine Walton

Modern Governor provides an e-learning platform for school governors with over 25 online modules covering topics like chairing meetings, church school governance, and new governor onboarding. The platform has over 80 local authority customers and aims to increase governor capacity through affordable online training. Modules are authored by subject matter experts and continuously reviewed/refreshed. The platform offers certificates and reports and allows governors to access training anytime online through Moodle. Its goal is to help address challenges from budget cuts and knowledge loss by facilitating low-cost, collaborative learning for the estimated 21,000 governors who will use the platform in 2013.

Windows server 2012 and group policyRavi Kumar Lanke

This document discusses new features in Group Policy for Windows Server 2012, including: 1) Remote Group Policy update, which allows refreshing Group Policy settings on remote computers from the Group Policy Management Console without needing to log into each computer. 2) Improved Group Policy infrastructure status reporting in the Group Policy Management Console, which provides a graphical report on Group Policy replication across domain controllers. 3) Local Group Policy support for Windows RT devices, allowing Group Policy settings to control the experience of users on Windows RT tablets, though Windows RT devices cannot join a domain.

Chris caroe df e presentation governorlive 25062013Elaine Walton

FERRIS WHEEL ILLUSTRATIONS by pupils of 4th grade (Spain)02101954

Ali wakes up early excited for the carnival. He wakes his sister Ayşe who is initially reluctant to get up. They get dressed and have breakfast quickly. On the way there, Ayşe stops to smell flowers and tie her shoes, slowing them down. When they arrive, Ayşe is scared to ride the Ferris wheel but agrees to the bumper cars first. After, she tries to hit a target to win a prize but misses. Ali asks if she's ready for the Ferris wheel now and she keeps her eyes closed during the ride. At the end, Ali suggests the rollercoaster next but Ayşe refuses that ride too.

Launch Your Real Estate Business in 30 DaysZ Signature Properties at Keller Williams On The Water Sarasota

ePortfolios Across CUNYbrooklyntechie

The CUNY Committee on Academic Technology, is comprised of 48 members representing 25 campuses across CUNY. The 18 members of the ePortfolio subcommittee are drawn from this body. The cross-campus representation and communication provides subcommittee members with an unusually rich vista of the diversity of ePortfolio plans and strategies across CUNY. A collectively authored and actively wiki on the CUNY Academic Commons -- an aggregated and integrated community ePortfolio - communicates information to all interested parties across CUNY. Among the information Available information includes a systematic comparison of campus eportfolio projects, and on the piloting and implementation of eportfolio projects. The wiki also showcases through live links to best practices, platforms, faculty development and other dimensions of implementation projects. The cross-campus and collaborative nature of the eportfolio subcommittee wiki has facilitated our evolution into a venue for identifying, analyzing and addressing "universal concerns" within the body politic of the university. Most recently the committee successfully impacted recommended changes to the language of the CUNY IT Strategic Plan to preserve a commitment to flexibility. The new language, subsequently incorporated into the plan, reads as follows: "Since many campuses are in the process of implementing, piloting or considering eportfolios, and since CUNY experience and over a decade of research indicates that eportfolio solutions must be tailored to meet the specific needs of specific campuses, programs, and students, we will work to support flexible and independent campus-based solutions, while striving to also promote interoperability and shared standards, and to leverage economies and efficiencies of scale where possible." Our presentation takes this achievement in communication and its language as the starting point. The individual speakers will outline key features that distinguish specific campus eportfolio programs and then lead a discussion among the participants on how this applies in the wider context of eportfolio programs.

Oracle backupRavi Kumar Lanke

1) The document discusses different methods for backing up an Oracle database, including using RMAN from the command line or Enterprise Manager GUI, and configuring the backup environment. 2) It provides step-by-step instructions for backing up an Oracle database that is in ARCHIVELOG or NOARCHIVELOG mode using RMAN, either via the CLI or the EM GUI. 3) The document also covers using Oracle's Flashback feature to enable point-in-time recovery of the database if unwanted changes are made, and provides steps for enabling Flashback via SQL*Plus or the EM.

Affording college module 3 saving for collegeFloyd Saunders

This document discusses strategies for saving and investing for college. It begins by debunking common myths about college savings, such as that it is too early to start or better to borrow money. It then discusses trends in college savings, noting that half of families do not save at all. The rest of the document provides tips for effective college savings, such as starting early even with small amounts to take advantage of compound interest, using 529 plans for tax benefits, and understanding various savings vehicles. It emphasizes that investing yields better long term returns than borrowing and stresses beginning a savings plan as soon as possible.

9 BENEFITS OF EARNING A COLLEGE DEGREECBD College

More Related Content

Viewers also liked (20)

Get Your Business Found on Google! (Bahasa Indonesia)jkairupan

201305 ニコニコ学会第４回シンポ振り返り　高須資料Nico-Tech Shenzhen/ニコ技深圳コミュニティ

Presentatie introductie brainstormNetherlands Enterprise Agency (RVO.nl)

2013 First Food Forum: Day three welcomeW.K. Kellogg Foundation

How to reset forgotten obiee 11 g rpd passwdRavi Kumar Lanke

DeviserTELE-satellite ara

Installing and configuring informatica 910 and dac 11 g on windows 64 bitRavi Kumar Lanke

The Beginners Guide to VA Home Loans by Low VA RatesEric Kandell

anteprima del nuovo catalogo di integratori GJAVGJAV

May 2013 presentation for a leading it & outsourced business services provi...Dr. Paul Rosario (PhD)

Circuit pepquetco

Personal BrandingDigiArabs

Configuring windows 7 to provide secure wireless access point services to wi fiRavi Kumar Lanke

Modern Governor for Bristol School Governors, July 2013Elaine Walton

Windows server 2012 and group policyRavi Kumar Lanke

Chris caroe df e presentation governorlive 25062013Elaine Walton

FERRIS WHEEL ILLUSTRATIONS by pupils of 4th grade (Spain)02101954

Launch Your Real Estate Business in 30 DaysZ Signature Properties at Keller Williams On The Water Sarasota

ePortfolios Across CUNYbrooklyntechie

Oracle backupRavi Kumar Lanke

Get Your Business Found on Google! (Bahasa Indonesia)jkairupan

201305 ニコニコ学会第４回シンポ振り返り　高須資料Nico-Tech Shenzhen/ニコ技深圳コミュニティ

Presentatie introductie brainstormNetherlands Enterprise Agency (RVO.nl)

2013 First Food Forum: Day three welcomeW.K. Kellogg Foundation

How to reset forgotten obiee 11 g rpd passwdRavi Kumar Lanke

DeviserTELE-satellite ara

Installing and configuring informatica 910 and dac 11 g on windows 64 bitRavi Kumar Lanke

The Beginners Guide to VA Home Loans by Low VA RatesEric Kandell

anteprima del nuovo catalogo di integratori GJAVGJAV

May 2013 presentation for a leading it & outsourced business services provi...Dr. Paul Rosario (PhD)

Circuit pepquetco

Personal BrandingDigiArabs

Configuring windows 7 to provide secure wireless access point services to wi fiRavi Kumar Lanke

Modern Governor for Bristol School Governors, July 2013Elaine Walton

Windows server 2012 and group policyRavi Kumar Lanke

Chris caroe df e presentation governorlive 25062013Elaine Walton

FERRIS WHEEL ILLUSTRATIONS by pupils of 4th grade (Spain)02101954

Launch Your Real Estate Business in 30 DaysZ Signature Properties at Keller Williams On The Water Sarasota

ePortfolios Across CUNYbrooklyntechie

Oracle backupRavi Kumar Lanke

Similar to Earn More, Save More Or Invest Wisely V2 (20)

Affording college module 3 saving for collegeFloyd Saunders

9 BENEFITS OF EARNING A COLLEGE DEGREECBD College

Investor awareness program by Rytvae Financial ConsultingRytvae Financial Consultant

Investor awareness programs in Indian equity markets provide foundational knowledge, risk management strategies, and market insights. Participants learn about equity investments, risk assessment, and market analysis, empowering them to make informed decisions. Strategies such as diversification and ethical investing are emphasized, while technology is leveraged for efficient portfolio management. Continuous learning ensures investors stay updated on market trends. These programs foster a knowledgeable and resilient investor community, enhancing the integrity and efficiency of the market ecosystem. For more information Contact https://www.Rytvae.com

Women and Financial Successpatrickscampbell

The document discusses the gender retirement gap and provides strategies for women to achieve financial success. It notes that women need to save more than men to have equal assets in retirement due to factors like fewer years worked, lower pay, and longer lifespans. The key strategies recommended include spending less than you earn, investing early and often in retirement accounts, understanding risk tolerance, having a financial plan, and using tools to track spending and calculate savings needs. The document provides examples and calculations to illustrate how to determine the appropriate savings rate to meet retirement goals.

Mutual Fund knowledge centreYogesh Bulbule

The document provides an introduction to mutual funds, explaining what they are, how they work, and their benefits. It discusses the different types of mutual funds, how NAV is calculated, and why SIP or systematic investment plans are an effective way to invest in mutual funds. The summary is as follows: (1) A mutual fund is an investment vehicle that pools money from many investors to purchase securities like stocks, bonds, and other assets. Investors buy units of a fund and share in the profits or losses from the traded securities. (2) Mutual funds offer diversification and professional management of a portfolio for a relatively low cost. They allow small investors to participate in markets and achieve adequate returns through long

De8 asheville savings bank 2011JeffHale

The document provides information about a retirement savings plan presented by Jeff Hale. It discusses eligibility for the plan, contribution options including employer matching, investment options including stocks, bonds and fixed income funds, accessing savings through loans or hardship withdrawals, and online tools for managing retirement savings. The goal is to help employees understand the plan and make informed choices to save for retirement.

Getting probably the most of energy and cashpatrica453

The document provides tips for college students to get the most out of their education while saving money. It advises starting the college preparation process during junior year of high school. Students should study every day, treating college like a full-time job. When choosing a school and major, consider the program rankings and how they fit your goals. Be mindful of nutrition around exams by eating an adequate but light breakfast to focus without an upset stomach. Meet regularly with an academic advisor to choose classes, activities, and stay on track for future plans. Create a budget to make money last through careful expense tracking and cost-cutting.

FP Pt- 239039, 239052.pdfmmmmmmmmmmmmmmmmmmmmmmmmmmmAgampreetSingh20

2015 Family Financial Trade-offs Survey HighlightsT. Rowe Price

The document is a survey from T. Rowe Price about family financial trade-offs between saving for retirement and saving for children's college education. Some key findings from the survey include: - Most respondents believe it is important for their children to go to college and feel responsible for paying for it. However, they also feel pressure to save for their own retirement. - Respondents are split between prioritizing saving for their children's college versus saving for their own retirement. Saving for college education is a higher concern. - Common ways respondents save for college include regular savings accounts, 529 college savings plans, and 401(k) accounts. Lack of awareness of 529 plans is a primary reason for not using

3 Tips for Saving for Your Kids’ College FundAllan Oulate

Save for your child's college as early as possible to take advantage of compound interest and allow your money more time to grow. Consider retirement savings as well, as focusing only on college could burden your children later. Use a 529 plan for tax benefits, or an IRA if you'll need the money after age 59.5. Though college is expensive, the return on investment is high - a college degree significantly increases lifetime earnings compared to only a high school education. Starting to save early can have a major positive impact on your child's future.

Women and Retirement SavingsMelanie Skaggs

This document provides information for women on planning for retirement. It discusses considerations like caring for family members, health concerns, and financial challenges women often face in retirement like lower savings and longer lifespans. It emphasizes starting retirement planning early through contributing to retirement accounts and establishing healthy financial habits. The document also provides tips and resources for women of all ages to stay on track with retirement planning and savings goals.

Wealth management session 1Raja Sekharan

This document provides an overview of a wealth management course. It introduces financial planning and wealth management concepts. Key points covered include defining assets and liabilities, steps to become financially independent by ensuring returns from assets exceed monthly expenses, and creating a cash flow plan for a hypothetical couple to plan their finances over 50 years. Various investment options are also listed. The document concludes by assigning teams to present on major stock exchanges.

Why financial literacy mattersChriss Parata

The reality is there is no link between what you earn and how well you manage your money. That is good news for everybody. It simply means that regardless of our earning levels, we can all learn good money management habits and we can all aspire to a good level of financial security. Indeed, we can do more than just aspire; we can actually do something to achieve that financial security during our lifetimes.

11 november 2013Primson Diaz

This document provides advice on important financial and investment decisions that should be made before age 35. It recommends purchasing term life insurance for optimal coverage at a low premium. It also suggests buying health insurance while young for lower premiums. Creating an emergency fund of 7-8 months' expenses is advised. The document recommends starting a systematic investment plan (SIP) in mutual funds to benefit from compounding over a long period. It also suggests leveraging to purchase an appreciating asset like a home for tax benefits and future rental income. The final section provides tips for teaching children about financial literacy from a young age.

What is a Lifestyle of Opportunitieskacarlson65

Retirement Planningfinancialhospital

The document discusses retirement planning and provides guidance on estimating retirement costs and investment options. It notes that people should plan early for retirement as the corpus needed is significant. Monthly retirement expenses of Rs. 20,000-80,000 would require investments of Rs. 483572-1934288 today at 8% return to last 30 years in retirement. Investment avenues discussed include PPF, SIPs, debt funds, annuity plans, and senior citizen savings schemes. Proper planning is necessary to ensure funds are available to live comfortably after stopping work.

Mutual Fund knowledge centreYogesh Bulbule

This document provides an introduction and overview of mutual funds. It defines mutual funds as investment vehicles that pool money from many investors and invest it in stocks, bonds, and other securities. By investing in a mutual fund, investors can achieve diversification and professional management of their money at a relatively low cost. The document emphasizes the benefits of mutual funds such as tax benefits, regulation, transparency, and liquidity. It also describes different types of mutual funds such as equity funds, debt funds, hybrid funds, and money market funds. Overall, the document serves as a basic guide for investors interested in learning more about mutual funds.

Planning for child futureVidyanand Thakurdesai

Becoming a parent is one of life's most rewarding experiences. As a parent, you want to ensure your child's dreams and future are supported. However, rising education costs mean savings may not cover goals as envisioned. Prudent financial planning is needed. The first step is defining goals like education stages and marriage. Next, calculate costs considering inflation, years until goal, and required future amounts. Asset allocation, where investments are distributed among equity, debt and gold based on time horizon, can help balance risk and returns to achieve goals. Term insurance also protects the family. With disciplined investing and periodic rebalancing as time horizons shrink, goals like education can be achieved.

Compund Interest Lessonbunzeyda

This document discusses compound interest and provides an example of how to calculate savings growth over time using compound interest. It introduces the concepts of principal, interest rate, and compounding period. An example tracks a person's $10,000 savings invested at 6% annual interest compounded monthly over their first six months. The document suggests using Excel to model savings growth over longer periods and different scenarios to reach a savings goal of $1 million. Homework questions extend the example and ask about alternative investment options.

Preparing for RetiermentChristopher Millar

Delaying retirement by a few years could significantly improve one's retirement lifestyle by providing more time to save and earn returns on investments, as well as increasing Social Security benefits. The document provides examples showing how retirement income and portfolio values increase by waiting until ages 64, 67, or 70 to retire rather than at 62. It also discusses factors like taxes, investment types and accounts, risk tolerance, and creating a long-term retirement strategy.

Affording college module 3 saving for collegeFloyd Saunders

9 BENEFITS OF EARNING A COLLEGE DEGREECBD College

Investor awareness program by Rytvae Financial ConsultingRytvae Financial Consultant

Women and Financial Successpatrickscampbell

Mutual Fund knowledge centreYogesh Bulbule

De8 asheville savings bank 2011JeffHale

Getting probably the most of energy and cashpatrica453

FP Pt- 239039, 239052.pdfmmmmmmmmmmmmmmmmmmmmmmmmmmmAgampreetSingh20

2015 Family Financial Trade-offs Survey HighlightsT. Rowe Price

3 Tips for Saving for Your Kids’ College FundAllan Oulate

Women and Retirement SavingsMelanie Skaggs

Wealth management session 1Raja Sekharan

Why financial literacy mattersChriss Parata

11 november 2013Primson Diaz

What is a Lifestyle of Opportunitieskacarlson65

Retirement Planningfinancialhospital

Mutual Fund knowledge centreYogesh Bulbule

Planning for child futureVidyanand Thakurdesai

Compund Interest Lessonbunzeyda

Preparing for RetiermentChristopher Millar

Earn More, Save More Or Invest Wisely V2

1. Earn more, Save more or Invest wiselySudhir Agarwal

2. Let me introduce you to the 3 friends. They studied together in the college. Mr Sandy: An expert in Supply chain managementMs Sush: The economics graduate, good with managing expenseMr Sam: The Analytics consultant, an avid investorThe 3 friends:

3. They conducted a survey as part of their college project and found: 55% of the respondents prefer to increase their earnings

4. 30% prefer to increase their savings

5. 15% concentrated most of their time on InvestmentsThe Survey report

6. They all passed from the college with each earning 100k. After spending all of them were able to save 20K and used to invest the savings into Mutual funds giving them a return of 8%They decided that they require to put extra effort to increase their net worthAfter the college

7. Sandy went with majority and started concentrating his major effort on increasing his IncomeSandy’s ApproachStarted working long hours

8. Reduced time for recreation and familyChange in his Income, savings and Investment returns

9. Sush started concentrating on increasing savings rate since she was good at expense managementShe cut down on luxuries

10. Reduced her vacationsSush’s ApproachChange in her Income, savings and Investment returns

11. Sam concentrated more on his investments, reviewing them regularly and make changes to his portfolio depending on the market situationSam’s ApproachChange in his Income, savings and Investment returns

12. They met after 5 years to analyze where do they stand in terms of net worthAfter 5 years of collegeThey promised to meet again after 5 years

13. After 10 years of collegeAt this time, Sandy and Sush were in a better position than Sam

14. After 20years of collegeBy this time Sam’s Net worth has surpassed that of Sandy and Sush.

15. The Investment Growth Sam’s Net worth crossed his friends’

16. The Growth Chart

17. The high Income and high Savings rate boosts the net worth in the initial phaseIn the long run it is better to invest wisely than to spend effort on earning more or saving moreAnalysis

18. Don’t work for money, Let your money work for you

Editor's Notes

#3: The conditions here refers to
#4: Net Income = Earnings – TaxesSavings = Net Income – Expenses.Saving Rate = Savings / Net Income

Earn More, Save More Or Invest Wisely V2

Recommended

More Related Content

Viewers also liked (20)

Similar to Earn More, Save More Or Invest Wisely V2 (20)

Earn More, Save More Or Invest Wisely V2

Editor's Notes