M. Thirunavukarasu’s Post

💸 10 Money Rules For Everyone 💸 Do you know the basic principles of money management? These 10 money rules are crucial for everyone to follow, no matter where you are in your financial journey. Empower yourself with these tips. 1. Always have 1 year of emergency fund cash 2. Save 10% and 20% invest of gross income, minimum 3. Pay cash for large expenses (engagement ring, wedding, dream honeymoon) 20% down, minimum on a house. 4. Never question spending money on books, appetizers, health or donating to a friend's charity fundraiser. 5. Business class on flights over 4 hours 6. No limits on spending for health (personal trainer) or education (courses and events etc.) 7. Buy the best and keep it for as long as possible. 8. Earn enough to work only with people i request and like. 9. Marry the right person 10. Participate time outside the spreadsheet. #MoneyTips #SavingTips #MoneyRules #MoneySave #SuccessTips #FinancialTips #FinancialFreedom #SavingRules

Financial Budgeting & Planning.  When u've some basic info on banking, draw up a plan of how u would wish to spend ur income.  1- Are you shopping daily, weekly, or monthly, and what are those items to buy. 2- When to eat out & how often. 3- What personal devt /or leisure /or investment are u in. 4- Any community groups or charities to join? The above will make u have a gd book/record of your income!

I used to earn ₹1500 a month in 1994. After 30 years, I am giving away more than 30 times that salary to charities, all while working only 3 days a week. My success is entirely due to following the tried and tested principles for building wealth. These principles work. • Budget • Save • Invest • Give • Pay your debt This is the most read article in my blog: https://lnkd.in/g_SKJ9nm

Life is unpredictable, so ensure peace of mind for your loved ones with early will planning. Here are its three key benefits: ✔️ Decide who inherits your assets—family, friends, or charity. ✔️ Smooth estate administration by appointing a trusted executor. ✔️ Protect your children by appointing a caring guardian. Plan today to secure your family's financial future. Reach out to us to get started!💪 Disclaimer The information provided is for general information only and does not constitute financial advice. While the agency branch has taken care to check the source of the information, the agency branch cannot guarantee that the information is accurate, complete, or will suit your individual financial needs. You are advised to seek professional assistance. #ThinkersAlliance #FinancialServices #Will #EstatePlanning #FinancialPlanning #FinancialResilience #FinancialSecurity

One of the most important questions you will answer!?! @MoneyVehicle Capstone Character Project - What do you do when you have some money left over? In our character project we see the challenge each month as we question what our character will do with a little extra money left over? 1) Payoff a loan from family 2) Invest in my future 3) Nice dinner with friends 4) Give to charity None are a bad decision, but what this project is meant to do is challenge students to OWN THEIR DECISIONS. No matter what choice they make, the choice is theirs. #FinancialLiteracy #FinancialEducation #LearnMoney #SpeakMoney #FinancialEmpowerment #MoneyVehicleMovement #MoneyForBeginners

7 Questions to Answer today with just A YES or NO Please be honest with yourself whilst answering these questions: • Are you currently comfortable with your current financial state? • Can your savings sustain for 1 year without working? • Can your savings sustain you for 6 months without earning any money? • Do you currently earn 6 figures in a month in pure profit after tax, tithe and charity? • If you were given an opportunity right now to elevate your financial status, would you key into it? If you answered Yes, would you want to earn more? If you answered No, would you want to elevate and upgrade your financial state? Don't allow your children go through what you went through. THINK WISELY!

You’re making $100K a month—impressive! Now, how much of that is fueling your purpose? Your purpose goals MUST be as critical as your revenue goals. Every fiscal year you need to weave your purpose into your finances. Here’s how I weave purpose into finances using my 20/20/60 Vision (try it in your business): 1. First 20% – Tithes and Offering ↳ 10% Tithe: Give back to God as an act of worship. ↳ 10% Offering: Support a ministry or organization I’m led to. 2. Second 20% – Community Outreach ↳ Charity: Donate to causes that make a difference. ↳ Community Impact: Invest directly in uplifting my community. 3. Remaining 60% – Business Operations ↳ Payroll: Pay future employees. ↳ Operations: Cover essential costs like utilities and supplies. *Goal: Keep spending to 30% of this amount for smart financial management. Stop focusing on profit alone. 
Put purpose and profit together. You’re wondering how? — I know it’s easier said than done. DM me to get join my 90 day program so I can save you the trouble of trying to figure it out. PS. Is your purpose combined with your profit?

CONGRATS! Your hard work has paid off!! Here are 5 ways to maximize your bonus compensation. 1) Pay off debt and enjoy greater financial freedom with your discretionary income. 2) Invest 15% and benefit from potential tax-deferred growth. 3) Treat yourself for a job well done. 4) Save 10% for a rainy day in an interest-bearing account. 5) Donate 10% and pay it forward to others less fortunate. #successmindset #smartmoney #hardworkpaysoff #achievegoals

Does the word “beneficiaries” have you saying, “bena-who?” Good news–this post is for you 👀 (We promise we didn’t intend for that to rhyme) Here are four fast facts about this important part of estate planning: 1️⃣ A beneficiary is the person, people, or entity/entities you name to inherit what you leave behind. 2️⃣ Beneficiaries don’t have to be people. Many wills and trusts name charities or organizations as beneficiaries. 3️⃣ Good questions to ask include: Does anyone depend on you financially? Are you married? Do you have children? All of these may influence your beneficiary choices. 4️⃣ Keep in mind that for some assets, there are two types. A primary beneficiary is the person first in line to receive the benefit. A contingent beneficiary is a backup if your primary beneficiary is no longer alive. Got questions? Drop them in the comments or give us a call. We’re here to help. #carmenhornberger #iulstrategies #LivingBenefits #TaxFreeIncome #taxfreewealth #generationalwealth #lifeinsurance #compoundinterest

It's World Book Day! Today's the day we celebrate the incredible power of books. Wondering how to celebrate? Here are a few ideas: - Dive into a new book or revisit an old favorite. - Share a book with a friend or donate one to a local library or charity. - Share your current read or a book recommendation in the comments below. #WorldBookDay #BookLove #businessstrategy #moneygoals #moneymotivation #entrepreneur #accountingtips #accountingservices #bookkeepinghelp #virtualbookkeeping #bookkeepingservices #smallbusinessbookkeeping #bookkeepingforsmallbusinesses #cloudbookkeeping #taxes #taxtips #BoiseBookkeeper #BoiseAccountant #IdahoBookkeeper #IdahoAccountant #MorningStarBookkeeping