We often use Savings and Investing interchangably in talks bout Money. But, are they same? Come let’s explore them. Savings: The Foundation of Financial Security Savings simply means that portion of our Networth/Income/Portfolio on which we do not want to take any risk of losing its value because of market fluctuations. Basically, it means preserving […]
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Greetings first of all, The question is quite valid. And, I want your definition of Money? Literally, think and write first. What is Money for You ? Think and write it down……………… What was Barter system? I want you to go back to times back when there was no Currencies in place and people used
What is Insurance ? It is a contract between the Individual/Company & Insurance Company, in which the Individual/Company pays a certain amount on periodic basis to Insurance Company and in exchange, the Insurance Company protects or gives back Amount to you in case of any unforseen event (which was insured ). Important Terms :- (a)
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Greetings, First of all ! Welcome to today’s blog on our website meriSIP.com Today we will talk about Mutual Funds & their benefits. Mutual Funds & Their Benefits :- The collection of money from different – different people, to invest the collected money into Categories of their selection is known as a Mutual Fund. The
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