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Know about Mutual Funds | जानिए म्यूचुअल फण्ड के बारे में
Earning to Investment
People have various types of needs in their life. These needs may be basic or physiological or social. But financial need is most important need to fulfill their all types of needs, and this need can be fulfilled by Earning, Saving and Investment i.e. Earning to Investment.
If you want to improve your earnings you should work hard more and more. But question arises..... how? You can start your own business. But here solution becomes problem. To start business essential elements required are men, machine, material, money and place where you want to start your own business.
There is one solution i.e. earn money online, where one can start his own business with a little investment.
Financial Planning
Planning is related to prediction of future Status. Due to scarcity of resources planning is necessary. Financial planning is related to enjoy the highest possible level of living status in limited income. Financial planning is normally the management of income, saving, expenses and investment. Financial planning normally focuses on your future need of funds and how to fulfill that need and it is associated with your earning, expenses, saving and investment. Therefore these needs may be fulfilled by optimal mix of your :
* Earning
* Expenses
* Saving and
* Investments
Earning
To fulfill dreams are not an easy job. To work hard is only the solution to achieve your dreams. First set your goals and work hard to achieve your goals. People earn money in form of salaries, wages, fees, commission/ brokerage, dividend, profit, rent etc. To make money in form of salary or wages, you should be an employee. To make money in form of fee, you should be professional and in form of commission/ brokerage you must be a self employed commission agent. If you want to earn in form of profit you must be a businessman and if you want to earn in form of dividend you must be an investor. If you want to use your spare time to earn extra money, you can do it online with the help of internet.
Saving
Saving for future is very important for any one. Saving work as your loyal worker. You can earn by your savings. Here we will tell you about savings and its contribution to your prosperity.
Investment
Investment is most effective way to achieve financial goals. The "Saving" and "Investment" both are different things. The return on investment is always associated with risk.