Sakhi4finance
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Created since Mar 16, 2023
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💵 Finance
Personal Finance
Earning Money
Investments
Questions in this community
How do I stop relying on my parents for money? Im 19 and work a shitty 7-5 job, I didnt go to college because I didn't know what career or what I wanted to do with my life, I hate that I have to rely on my parents and am afraid to be independent? @Munmun Sakhi
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You can continue studying and see some work from home part time job. This way you can manage your expenses and study also
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Hii, @Munmun Sakhi I'm interested in purchasing my first home, but I'm unsure about the mortgage process and how to determine what I can afford. What steps should I take to prepare for homeownership, and what factors should I consider when comparing mortgage options and down payment requirements?
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Hi buying home is a big step and keep it simple First on home loan calculator type emi you can pay and it will tell you your home loan affordability Next finalise a project and check with bank if it is approved and depending on your salary and saving they will share rate of interest
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I have money enough to start my business and I want to gain money from this business, but I don't know how to start it. What is the business and how do I do it? @Munmun Sakhi
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hi dear ru interested in wfh business opportunity no loss no boss, no risk and security plan pls dm me on WhatsApp link https://wa.link/n2fpa0
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I am from a very poor family. My financial condition is very bad. I have one smartphone. I want to become rich by working online for free. How can I do it? @Munmun Sakhi
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While it's understandable to want to improve your financial situation, becoming rich by working online for free is unlikely. However, you can explore opportunities to earn money online by freelancing, tutoring, or selling products/services. Look for legitimate platforms where you can offer your skills or talents. Invest time in learning new skills that are in demand, such as coding, graphic design, or digital marketing. Remember that success usually takes time and effort, so be patient and stay focused on your goals.
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Hey @Munmun Sakhi I've heard about the importance of risk management in investments. Can you share some practical techniques or tools for assessing and mitigating investment risks?
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1. Diversify investments. 2. Invest regularly with dollar-cost averaging. 3. Maintain suitable asset allocation. 4. Use risk management tools like stop-loss orders. 5. Stay informed through research and education.
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My dream of starting a home business has been overwhelming. The initial steps seem daunting. Researching and seeking advice but still that lingering uncertainty. Your insights could be the guidance I need to take that very first leap! @Munmun Sakhi
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Congratulations for your dream one day at a time uncertainty will remain but right research and hard work will definitely gets you success
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What are some factors to consider when making an investment? Why is it important to choose a good investment? @Munmun Sakhi
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Good investments grow money, protect against inflation, and help achieve financial goals.
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I'm in a very abusive marriage and i am planning to leave . To runaway but I feel scared and sad . I love him so much . I just want a family that i never had. Maybe with my baby and my dog we can start again. I am worried he will destroy himself again. Honestly ,i am hoping he will change. But the more i fix him the more i get broken. I am planning of saving money to rent a new apartment .I have nowwhere to go. But i need to be strong for my baby. Wish me luck and suggest me ways to save money? @Munmun Sakhi
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I'm sorry to hear about your situation. Stay strong for yourself and your baby. To save money, create a budget, cut unnecessary expenses, look for discounts, sell unused items, and consider picking up a side job or freelance work. You can do this. Good luck.
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What investment strategies do you recommend for individuals seeking long term financial stability? Considering the current economic climate, what factors should one prioritize when diversifying their portfolio to mitigate risks and maximize returns? @Munmun Sakhi
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For long-term financial stability, I recommend a diversified investment portfolio including stocks, bonds, real estate, and possibly alternative investments like commodities or mutual funds. Prioritize factors such as asset allocation, risk tolerance, time horizon, and periodic portfolio rebalancing to mitigate risks and maximize returns in the current economic climate. Regularly review and adjust your investments based on changing market conditions and your financial goals.
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As I have been feeling anxious lately due to my unusual expense and worrying about the times to come. So I was thinking of investing my money and needed your advice. How much of my income should be going into investments? @Munmun Sakhi
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You cany absolutely invest around 10-30 percent of your income in low risk stocks and mutual funds for a long duration to get guaranteed high percentage of returns.
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Posts in this community
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I am interested to work. I am 60 plus Lady having several years of Corporate experience. I am from Mumbai. Looking forward to a great and enjoyable start.. Thank you Nilofer CK
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right....
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Master your money game and take control of your financial future with smart choices, strategic savings, and wise investments - Personal Finance 101!
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