Tag: interest income
-
Is Your Salary a Seed or the Fruit?
Your mindset towards your salary income determines what you do with it when it comes into your hands. If you think it is a seed, you will save and invest it for increased returns. If you think it is the fruit of your labor, you will consume it without sparing a thought for tomorrow. There…
-
Financial Security
The first and most important component of your financial foundation is your financial security plan. This is your base – if all fails and the sky comes tumbling down, you have food on the table, can pay your bills and life goes on normally. Investments can fail to yield the desired returns. You can lose…
-
Between Financial Freedom and Independence
The two words – financial freedom and financial independence seem to mean one and the same thing in the minds of many. This has led to a lot of confusion and mix-up when it comes to building a sound financial foundation to be able to withstand financial storms which are a fact of life. Financial…