Updated on 30.10.2016.
Best Financial Tips: How to create Wealth and Secure your Financial Future:
a practical guide – themedideas Facts and Figures Part 2
Part 2 – Financial circumstances at various stages of life
This is the Part 2 of the practical guide for investment to improve financial awareness and understanding amongst the common people who are not that conversant with financial matters. Therefore, more often than not they lose out on the opportunities that they could have benefited from if they knew a bit more about investment. On the other hand they often become the victims of financial manipulation by the system and few unscrupulous people working in the financial system. People have no choice but to improve their understanding regarding finance and investment if they want to create Wealth and secure their Financial Future.
This article discusses the financial circumstances, such as the financial responsibilities, income, expenses, at various stages of life in a structured way comprehensively. It also contains several figures to show some of the different types of financial lives to enhance people’s understanding. A thorough understanding of these is essential for appropriate financial planning. You need to know what the job (financial requirement) is before you could plan how to do that job.
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© Dr Sudipta Paul, themedideas.com, 2013