Stop leakages to create wealth

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·      Stop the leakages of our (financial) water tanks –

·      Our income is a tap of our financial tank.....and if it has a leakage, water (money) will keep flowing.

And if tank isn't filled up...it will not provide us water (money) continuously.

·      If we don't plan properly and keep leakages as they are...our financial tank will not be fulfilled and we will always have a deficiency of funds.

·      What are our leakages?

1.    Keeping money idle (cash) at home or in saving accounts...its purchasing value reduces with inflation.

2.    By choosing wrong path for our financial goals. Our hard earned money not able to work for us.

3.    Spending it on unneeded branded items.

4.    Not planning for short, medium and long term requirements.

5.    Not balancing between income and growth oriented assets.

·      Thus leakage is one of the common problems involved in investing.

·      It can be managed by proper diversification of available funds into various asset classes after considering various other factors like time frame, requirement, risk profile etc.

“If you don`t find a way to make money while you sleep, you will work until you die” – Warren Buffet