(The author is a financial planning coach. Founder and CEO of Money Avenues, a Wealth Management firm based in Chennai. Mail at: finplancoach@gmail.com)
Exit out of your EMIs... Get started with EMIs...
Surprised and confused???!!!!!!!!!
From Equated Monthly Installments (EMI towards loans) to
Easy Monthly Investments (towards achieving your financial goals)..........
Your Equated monthly installments can create fewer assets..... Your own house?! Good...... But rest of them? your sedan, LED TV etc... Not really....
But if you can work out your financial planning based on Easy monthly Investments (EMI) strategy with the guidance of a financial planning coach, it can help you create huge wealth as well as a very bright financial future for yourself and your family....... In effect you can create long lasting financial assets....
So, what is this Easy Monthly Investment? -
You invest a set sum every month towards a goal.. It can be for wealth creation, for child's future, your retirement etc..This works well in equity related investments over a longer periods of time.
Small drops indeed make an ocean of wealth:
Many things you can achieve through Easy Monthly Investments strategy:
1. Regular and periodic pre-set investment flows:
The set flow needs to be regular and periodic towards a goal which means no inconvenience to your regular cash flows.
2. Achieve optimum life cover for you and your family:
EMI strategy helps you in securing ample life cover for you and your family.
3. Long term wealth creation:
By investing a set sum in equities, you definitely can achieve a huge wealth creation over the longer periods.
4. Plan your retirement:
Create a retirement fund through EMI strategy from the younger days.
5. Ensure your child's future:
Take care of children education and future through EMI strategy.
Do talk to experts @ Money Avenues for starting Easy Monthly Investment plans to achieve your goals.
(The author is a financial planning coach. Founder and CEO of Money Avenues, a Wealth Management firm based in Chennai. Mail at: finplancoach@gmail.com)
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