Contact Your Financial Adviser Money Making
MC (MrinmoyChakraborty)
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28th May 2020
Youtube:https://www.youtube.com/channel/UCDhg3CbZWKH5vN5iieAraHw
Online investment link:https://moneymakingmc.partners.rankmf.com/
Blog:http://moneymakingaimsee.blogspot.in
FB:https://www.facebook.com/moneymakingmc
Twitter: https://twitter.com/moneymakingmc
Linkedin: https://www.linkedin.com/in/mrinmoy-chakraborty-45a74473/
Instagram: https://www.instagram.com/moneymakingmc/?hl=en
28th May 2020
"We don't have to be smarter than the
rest. We have to be more disciplined than the rest." -Warren Buffett
A contingency plan is often used to manage the risk that may seem unlikely to happen, but if it does, it would have a disruptive impact on your life. Having a contingency fund will ensure that you don't have to worry if such a situation arises. It will enable you to pay your EMIs on time, even if your cash flow stops for some time as you have anticipated this and kept funds aside.
Many of us don't plan for a crisis until it
actually happens. Since the probability of a contingency is often low, it never
seems an urgent task, until it's too late. A Standard & Poor survey finds
that 76 percent of Indian adults do not adequately understand key financial
concepts, including risk diversification, inflation and compound interest.
A contingency fund takes care of your
day-to-day financial requirements in case of any financial emergency like a job
loss, medical expense or any unfortunate situation or event that results in
temporary financial loss.
Financial advisors help individuals make wise decisions regarding money management. If you need to evaluate your financial health and take the situation as a golden opportunity, then you can contact Whatsapp:+919230630841 E mail: moneymakingmc@gmail.com
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