Aligning investments with goals and adding debt to their portfolio will help this couple ease their journey. Tanks' goals include building an emergency corpus, buying a car, etc.
Your investment portfolio must have exposure to growth-oriented and income-generating assets depending upon your current needs at any given point in time.
The first stage of wealth accumulation starts from the time you start earning.
If an asset has outlived its utility, unlock its value in your lifetime.
The couple's goals include building an emergency corpus, saving for their kids’ education and weddings, buying another house, and creating a retirem
Taking a loan from a bank or lenders will require a margin or security in some form.
Provide an allowance specific to the expenses of the child and the leeway to make decisions with it. They will understand how to apportion the money between competing demands.
Though the Danges have a high amount of surplus and have saved aggressively, they should put off buying another house and taking a vacation for now.
When taking a break from your job to study further, there are a lot of things that you will need to service which your education loan will not cover
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