wealth
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Know about Impact Investing and Socially Responsible Investing [A Guide]
In a world where financial decisions hold far-reaching consequences, the concepts of impact investing and socially responsible investing (SRI) have gained substantial momentum. Beyond just seeking financial returns, investors are increasingly looking to align their investments with their values and make a positive impact on society and the environment. This comprehensive guide dives deep into the intricacies of impact investing and SRI, exploring their principles, benefits, challenges, and strategies. Understanding Impact Investing and SRI Impact Investing: Investing for Positive Change Impact investing transcends traditional investment paradigms by prioritizing both financial returns and positive social or environmental outcomes. It aims to generate measurable, beneficial impacts alongside monetary gains. This approach brings…
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Harmonizing Personal Finance and Spirituality (Path to Wealth)
In today’s materialistic world, the pursuit of wealth often takes precedence over spiritual well-being. However, integrating spirituality into personal finance can lead to a harmonious and balanced approach to wealth creation. By aligning our financial practices with the spiritual principles, we can cultivate a mindset of abundance, gratitude, and mindful stewardship. In this article, we will explore how spirituality can be practiced in personal finance, allowing us to navigate the realm of money with a deeper sense of purpose and fulfillment. Cultivate Abundance Consciousness The foundation of spirituality in personal finance begins with developing an abundance mindset. Recognize that the universe is abundant and holds infinite possibilities for financial prosperity.…
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Building an Emergency Fund along your financial journey (Way Forward)
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Risks and uncertainties of your Investment portfolio (A guide)
Life is an unknown and often adventurous journey. There is always an element of surprise in the next second, while we are busy living our lives. Risk is something that is always present inherently given the uncertainty of events in life. If we have the ability to predict (or) know the future, then maybe, that would be a smooth ride. But that is in a utopian world where everything is perfectly alright. These things equally are true within the realm of Finance. How I managed to build a portfolio while facing intermittent risks along the way? It’s been three years since I have started taking Personal Finance and investment matters…
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Building an Emergency Fund along your financial journey (Way Forward)
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How to become rich? [A beginner guide]
Can we consider a person as rich, if he/she for one single day, holds a billion dollars and the very next day loses all the it? The Answer is No. A person is rich only if he is able to sustain his wealth for a longer period of time. We have seen many folks, from different walks of life, who have started ordinary and became rich within a reasonable span of time. If you observe them closely, the very foundation of becoming rich is undoubtedly their effort and earnings via different professions (or) activities. The definition of being rich according to me is to have zero liabilities, create/hold quality assets…
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Bumpy Ride: The Road to Financial Freedom [Analysis]
Did you ever go on a bumpy ride? How does it feel like? A painful journey right. What if the same thing happens in our financial journey as well? It is no different. But the pain is due to a different reason what we call as financial risks.
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What is True Wealth? [Guide]
“Hurrah…!!! Never thought I would win a $1000000 lottery. Feels great to win and am ecstatic…”, was the reaction from a person, from lower strata of the first world society. He became an overnight sensation in the Media. Many considered him lucky and his friends and family already treating him as a Wealthy man, who is filthy rich.
