As all of you know that Money makes the mere go, “Roti Kapda and Makaan ke saath Jaroori hai Ek Office ya Dukaan”
Financial Management or making money is an art of creating maximum wealth in an optimum time from the available Money and Resources.
An early knowledge of Financial Management of Wealth ( Making Money-)helps a lot in Creating huge wealth in a short span of time.
Celebrating Financial Growth in colourful way on The Holi festival.
As Holi indicates the beginning of Spring, the celebration of growth , prosperity and progress occurs in huge amount.
There is a deep relation in the financial activities and the colours of Holi
Red colour Represents Wealth accumulation and Growth Like Red colour indicates auspiciousness as well as vitality during the festival of Holi, The Financial investments in Fixed Deposits( FDs) and Recurring Deposits serve the deep base or strong foundation for the long time Wealth growth
Fixed Deposits andRecurring Deposits are very interesting and Money Making schemes in All the Govt and Pvt Banks as well as Post offices in India as well as All the Banks in the whole world that include United States, United Kingdom,and All other countries in the World .
Colour Yellow:This colour represents Stability and Security The Post offices mostly adopt yellow and Red colours and have several saving schemes best known for their Govt backing and surety of safe and handsome growth of investors money.
In this way the investors grow their invested amount steadily to accumulate it in as huge funds as Millions of Dollars and Crores of Rupees
Also Recurring Deposits provide a Strategic and disciplined approach of saving the funds regularly to earn good returns over a period of selected time. In India post office Rd schemes give a handsome interest and if the RD amount of complete one year is deposited than you get an extra amount saved and the effective Amount earned becomes quite lucrative
There are other Favourite schemes like Senior Citizen Saving Schemes and Monthly Income Schemes which provide regular Monthly income to meet your several monthly expenses like Mobile, electricity, water, petrol-bills and several other options which make you feel very light financially😁
Colour Green:This natural colour Represents Fertility along-with Prosperity
keeping in view the Financial Management of Making money for handsome and best returns, the green which also symbolises new beginning and growth on the Occasion of Colourful festival Holi
There are several other ways and sources of making money like equity markets Mutual funds and gold etf etc like different colours available on Holi
Though Content of Risk varies in different types of investments and it is a well known saying that “ higher the risk , higher the gain”
There is less Risk in Govt Schemes like Fixed Deposits and Recurring deposits and this Risk increases in Mutual funds and is highest in equity investments and proportionally the Wealth creation possibilities according to Risk factor of each investment.
Like Holi is planning of Applying different colours . You can plan for prosperity by setting the Financial Goals
Similar to organising Holi festival, the financial goals also require fixing or setting of clear and transparent goals and objectives
The goals and objectives may be for Education, Marriage, House purchase, Vehicle or For going on a dream destination on vacations etc
You can synchronise your investments for achieving the set short term or long term objectives
B)Spreading Different financial colours or Diversification
Allocating your available funds in different schemes or assets like Fd, Rd, Mutual funds, etf, bonds , reality investments etc is analogous to celebrating the Holi festival with a rainbow of Color. Investing in rainbow of schemes helps in mitigating the risk against fluctuations in the market as well as volatility in the equity or metal markets
You can take the advantage of various investment opportunities as well as the risk is minimised of potential losses ensuring a safe colourful and vibrant financial life
C)Long term and strategic investments bring wonderful returns for making money
During Holi festival we prepare Colourful Rangoli that requires a lot of Patience similarly you need discipline and patience for investing in Schemes like Rds, Systematic investment plans such schemes allow you to accumulate millions of Currency by the power of compounding in the long terms
By investing for long time in the market and keeping patience to let the money grow you can makemoney in very effective manners and gain the Prosperity
Conclusion:This Festival of colours ie Holi resembles with Varieties of Investment Opportunities in Market though Holi is celebrated once in a year but you can make Rangoli of Investment on almost all days and bring Prosperity and make money for you and your family , this way you can fulfil all your dreams of Purchasing new vehicle, New House, Any new item you like or make a dream tour for you and your loved ones
Like on Holi ,Communities come together to celebrate this Colourful Festival the Investment Communities cover the Students, Housewives, Working persons , Businessmen and many more to improve their life and standard with bouquet of Investments.
So wishing you a very happy and colourful Holiday and Rangoli of Investment . Start investing immediately in the schemes to make money quickly and follow the Blogs on Makingmoneyhans.com🙏💦
In one more Interesting and useful article on Tax saving schemes which can save your 45000 to 60,000 in a few days left in March2024
As you know this financial year is going to end on 31 st March 2024.
You can save tax under section 80 C by investing Rs one lakh and fifty thousand in PPF, GPF, or EPF and some more schemes like National Saving Schemes( NSC) as well as some Insurance Schemes. Apart from this you can invest Rs 50,000 in NPS to save tax and also can take benefit of some Health Insurance Schemes for yourself or your parents under section 80 D
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