by CharuMalik on Oct 3, 2022
1168 members
1361 posts
Your partner in filling that Financial Journal
I am new professional!!! just got my new and first job three days back. Working on building my financial confidence and independence. It's a journey, but I'm determined to take control of my finances. Anyone else on a similar journey? if yes give me tips
1
1
Answer
349d
・answered 349 days ago
Here's a structured approach to starting your investment journey: Track your cashflows: Monitor your income and expenses for a month to understand your spending habits. Create a budget: Based on your tracked expenses, establish a budget to allocate your income efficiently. Build an emergency fund: Set aside funds to cover at least 3-6 months of living expenses in case of unexpected financial challenges. Secure health insurance: Purchase health insurance to safeguard yourself and your dependents from medical expenses. Consider both group and individual policies. Start investing: Begin with mutual funds through SIP (Systematic Investment Plan) for consistent wealth building. Start small and gradually increase your investment over time. Transitioning from learning to earning years is crucial, and joining communities like @Financially Smart can provide valuable insights and support throughout your financial journey.
0
Comment
Trending Creators
S
Work from home
Special Days
N
Special Days
Back to Work
G
Special Days
Love Life
Money Matters
S
Inclusivity
Positive Psychology Interventions
p
Jobs Listing
Load more
Trending Communities
Financial Independence
Personal Finance
Financial Independence
Financial Independence
मम
Financial Independence
Financial Independence
Financial Independence
Financial Independence
Personal Finance
Personal Finance
Load more
More Questions Like This
Top discussionMa'am mere bf ne mujhe paise k liye block krdiya usse mujhse paise chye the m uski hr br help krti hu pr is br m uski help nhi kr pyei mujhe ye confirm krna h wo mujhse kb baat krega usse apni galt relise hogi ya nhi
Top discussionfinancial growth,
Top discussionfinancial stability kobe asbe
Popular opinionMy friend who is married now told me that now she is much more financially independent then she was single. I am confused whether one should get married or remain single as it makes you more financially independent. Which view do u support ? Pls advice me.
Popular opinionHi, we are going through some troubles right now. How can my family and I manage ongoing financial difficulties while planning for a stable future? What cost-cutting tips, income boosting ideas, and savings strategies have worked well for others in similar tough money situations? @Preetha_Balakrishnan
Popular opinionMy boyfriend and I, deeply in love and contemplating taking our relationship to the next level, are both financially independent, have stable jobs, and are passionate about each other. Instead of immediately proceeding to marriage, we decide to cohabit – to live together in the same space. So, what are some benefits of cohabitation?
Popular opinionI am hooking up with a guy who is not very financially stable when compared to my friend’s boyfriend, shall it impact my relationship??
Popular opinionMy friends who are in relationships always tell me to get into a relationship soon ,as it will also help me financially over the time. Do single people actually struggle financially?
Popular opinion"I have a strong need for work from home. I don't have any work experience, I am a 12th pass with a background in science (biology), and I don't want to do resales-related work. I want to do a job where I receive monthly payments. If there is any such job suitable for me, please mention it. I promise to do my work with complete dedication."
Top discussionhamare ghar me Paisa ki bahut problem hoti hai
Trending creators for you
See AllI am a MBA turned Professional Tarot reader and Palmist. Completed 2 years in guiding people. Helping 100+ clients finding their paths!. Dynamic Tarot reader, Master numerologist, crystal healer and vedic astrology more
psychic healer , in family you can say we have been in this for hundred of years , from ancestry, at present we are working as a research team with the base of ancient texts, including Atharvaveda.more
I'm Bhavna from Mumbai, India, certified Personal Development Coach, graduated through an ICF accredited school of coach training. I'm often asked — What is Life Coaching? Life Coaching is an ongoing partnership between the client and the coach. It helps the client achieve fulfilling results both in their personal and professional lives. As a personal development coach, my objective is to help you get from where you are to where you want to be in life. And how do I do that? By helping you break the barriers you have imposed on yourself. I'm super grateful that I can share my learnings as a Life Coach to help you get to the heart of your needs and desires, while you identify and achieve your personal and professional goals with increased accountability, commitment and satisfaction. Looking forward to being your ally and building a life of POSSIBILITIES!!! +91more
Trending communities for you
See All692
107Being Financially Smart is about being aware,alert and applying the knowledge acquired to make smart choices and informed life decisions to lead a healthy ,wealthy and stress-free lifestyle.more
Together, we shall peel off the Cover of Intimidation wrapped around the word 'FINANCE'. Let's vouch to never be dumbfounded again when people drop big and weird jargons left, right & center.more
1.5k227कैसे महिलाएं घर से अपना खुद का व्यवसाय शुरू कर सकती हैं और आर्थिक रूप से स्वतंत्र हो सकती हैं💵more
मम
239152वुमेन एम्पॉवर्मेंट् का एक बहुत अभिन्न हिस्सा है आर्थिक स्वाधीनता (financial independence). फाइनेंस समझना मुश्किल काम नहीं है, मुश्किल काम है लोगो की सोच मे बदलाव लाना। तो आइये साथ मिकर ये चनौती का भी सामना कर लेते हैं।more
A community of women that help you 1. Learn the basics about investing2. Earn money from home3. Invest in the right tools4. Borrow from the right sources 5. Spend wisely - using golden budgeting tipsmore
23710For the persons who love playing in numbers but have kept there creative self alive!more
20624This community is for making finance understandable for all. Here, we will share our learnings and experiences around money matters!more
303266This is to give information on personal finance. How to create wealth for yourself. How to be money wise. This is for women who can earn or save good money but don't know how to invest for their security and future.more