The document discusses five powerful truths about money: everything belongs to God, money is neither good nor bad, money will not satisfy, a man can rob God, and misuse of money can ruin a marriage. It then provides seven pieces of sound financial advice: make a simple budget together, contribute at least 10% to the Lord, save 10% from the start, get out of debt, be serious about paying bills on time, buy term life insurance, and live beneath your means rather than above.
Is Retirement Plan Necessary? ✨
We can't work our entire life, The retirement Plan is Mandatory.
Income is of two types: One is Active Income & the other one is Passive Income.
Active Income ➵ which we will get by working Hard.
E.g. salary
Passive Income ➵ we will earn income even while sleeping.
E.g. Interest on Savings A/c,
Fixed Deposits,
Govt. Securities,
Mutual Funds,
Direct Investments.
⚡Interest on Savings A/c :
If you invest your money in a Savings account, We will get a 3 to 4 % Interest Rate. But the Average Inflation is 5%, This states that we are losing 1%, Which is not good.
⚡Fixed Deposits :
If you Invest your Money in Fixed Deposits. We will get a 7-8% Interest Rate i.e. 3% more than the Average Inflation of 5%, Which is better than investing in a Savings account.
⚡Govt. Securities :
If you Invest your Money in Government Securities, We will get a better Interest Rate than Fixed deposits. Also, we will get Tax Benefits, Which is also good.
⚡Mutual Funds :
In Mutual Funds, Fund Manager Invests on our behalf and generates returns. we can check The Fund Performance through CAGR i.e. Compound Annual Growth Rate %.
Mutual funds are of two types: Index Mutual Funds and Normal mutual funds.
In Index MF'S, Fund Manager no need to Check Day to Day for Companies.
In India, we have two major stock exchanges, one is NSE (National Stock Exchange of India Limited) and the other one is BSE (Bombay Stock Exchange). These Exchanges Fixes the companies in the index: NSE NIFTY 50, BSE Sensex, etc.
⚡Direct Investments :
Everybody at one point has to be invested in stocks.
"Select Stocks Wisely, Otherwise you lose money
Some countries in the world are facing a lot of turmoil and are under a lot of tension. They keep hoping that if they do this, a magic being sitting in heaven will rain down riches on them. They hope of getting the riches instead of doing anything to get them. To know more, visit the website. https://www.heavenvsreincarnation.com/
Is Retirement Plan Necessary? ✨
We can't work our entire life, The retirement Plan is Mandatory.
Income is of two types: One is Active Income & the other one is Passive Income.
Active Income ➵ which we will get by working Hard.
E.g. salary
Passive Income ➵ we will earn income even while sleeping.
E.g. Interest on Savings A/c,
Fixed Deposits,
Govt. Securities,
Mutual Funds,
Direct Investments.
⚡Interest on Savings A/c :
If you invest your money in a Savings account, We will get a 3 to 4 % Interest Rate. But the Average Inflation is 5%, This states that we are losing 1%, Which is not good.
⚡Fixed Deposits :
If you Invest your Money in Fixed Deposits. We will get a 7-8% Interest Rate i.e. 3% more than the Average Inflation of 5%, Which is better than investing in a Savings account.
⚡Govt. Securities :
If you Invest your Money in Government Securities, We will get a better Interest Rate than Fixed deposits. Also, we will get Tax Benefits, Which is also good.
⚡Mutual Funds :
In Mutual Funds, Fund Manager Invests on our behalf and generates returns. we can check The Fund Performance through CAGR i.e. Compound Annual Growth Rate %.
Mutual funds are of two types: Index Mutual Funds and Normal mutual funds.
In Index MF'S, Fund Manager no need to Check Day to Day for Companies.
In India, we have two major stock exchanges, one is NSE (National Stock Exchange of India Limited) and the other one is BSE (Bombay Stock Exchange). These Exchanges Fixes the companies in the index: NSE NIFTY 50, BSE Sensex, etc.
⚡Direct Investments :
Everybody at one point has to be invested in stocks.
"Select Stocks Wisely, Otherwise you lose money
Some countries in the world are facing a lot of turmoil and are under a lot of tension. They keep hoping that if they do this, a magic being sitting in heaven will rain down riches on them. They hope of getting the riches instead of doing anything to get them. To know more, visit the website. https://www.heavenvsreincarnation.com/
Retirement opens up a seemingly limitless world of possibilities. But all those choices can be a bit intimidating. The good news is with a bit of care, forethought and preparation, you can not only plot out a successful, fulfilling retirement, but also ensure you’ll have the funds on hand to pay for it.
The following tips can help.
Retirement opens up a seemingly limitless world of possibilities. But all those choices can be a bit intimidating. The good news is with a bit of care, forethought and preparation, you can not only plot out a successful, fulfilling retirement, but also ensure you’ll have the funds on hand to pay for it.
The following tips can help.
Building a Strong Financial House (stand alone)Tim Mooney
How to put the Five Ways to Handle Money into action. Gives a picture of what a steward's financial life actually looks like. Plus, a strategy to get started on handling money faithfully.
In today’s video we discuss the money myth, debt is bad! Is it true? Or just made up?
Well it depends, debt can be good or bad, it depends what your doing with that debt you’ve acquired.
If you're simply acquiring debt to get a house, car, clothes or holiday abroad, then that’s completely different from the debt acquired to start a business, purchase an investment property etc.
Knowing the difference between good debt and bad debt, will help you to quickly decipher whether that debt you're planning to acquire for whatever reason, is a wise decision or not!
So what do you reckon, is it true or false?
In today’s video we discuss the money myth, rich people are greedy! Is it true? Or just made up?
How many times have you heard somebody say this, ever wonder why people say this? Well what you‘ll most often find, is that the people that believe this and spread this comment, are usually not rich themselves.
Perhaps they tried to become rich or maybe they never tried at all, but it’s the jealousy and resentment that’s really speaking here. In reality, there are plenty of rich people who are more giving than the people on regular salaries, but why are regular individuals not called greedy when they buy a house, car or clothes?
So what do you reckon, is it true or false?
Saving for retirement can be challenging when your paycheques just barely cover your day-to-day expenses. But it can be done with proper planning and starting early. These tips can help.
In this document, I share six ways to simplify your life. It will make your life easy and not complicated and therefore stressful. We need to avoid stress as much as possible.
The reality is there is no link between what you earn and how well you manage your money. That is good news for everybody. It simply means that regardless of our earning levels, we can all learn good money management habits and we can all aspire to a good level of financial security. Indeed, we can do more than just aspire; we can actually do something to achieve that financial security during our lifetimes.
Manage your finances better with these valuable tips to free yourself from debt and save for your retirement.
For more information, please visit our blog on http://www.newhorizon.org/credit-info/.
Money Myths: You don’t own your house, the bank does! Money Tips, Tricks & Tactics #16
In today’s video we discuss the money myth, You don’t own your house, the bank does! Is it true? Or just made up?
Well in reality, there are a number of people who live in homes, some people rent, some people own their home outright, some people own their property with a mortgage, some people are in social housing and much more.
So it really depends, but the issue is mainly to do with the fact that your house is a home, not an investment, so treat it like this, then focus on acquiring a house that can pay you, not the other way around.
So what do you reckon, is it true or false?
We hope you enjoyed the presentation with WealthBar! Interested in investing with WealthBar? Create a plan! http://wealthbar.com
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Similar to Smoky Mountain Marriage Retreat: Rock solid foundations money matters (20)
Practical Tips on Taking Care of the Spirit's Temple. A doctor's advice on how preachers and others can lead a healthy lifestyle. Includes a weight loss plan.
The PBHP DYC ~ Reflections on The Dhamma (English).pptxOH TEIK BIN
A PowerPoint Presentation based on the Dhamma Reflections for the PBHP DYC for the years 1993 – 2012. To motivate and inspire DYC members to keep on practicing the Dhamma and to do the meritorious deed of Dhammaduta work.
The texts are in English.
For the Video with audio narration, comments and texts in English, please check out the Link:
https://www.youtube.com/watch?v=zF2g_43NEa0
The Good News, newsletter for June 2024 is hereNoHo FUMC
Our monthly newsletter is available to read online. We hope you will join us each Sunday in person for our worship service. Make sure to subscribe and follow us on YouTube and social media.
HANUMAN STORIES: TIMELESS TEACHINGS FOR TODAY’S WORLDLearnyoga
Hanuman Stories: Timeless Teachings for Today’s World" delves into the inspiring tales of Hanuman, highlighting lessons of devotion, strength, and selfless service that resonate in modern life. These stories illustrate how Hanuman's unwavering faith and courage can guide us through challenges and foster resilience. Through these timeless narratives, readers can find profound wisdom to apply in their daily lives.
The Chakra System in our body - A Portal to Interdimensional Consciousness.pptxBharat Technology
each chakra is studied in greater detail, several steps have been included to
strengthen your personal intention to open each chakra more fully. These are designed
to draw forth the highest benefit for your spiritual growth.
Exploring the Mindfulness Understanding Its Benefits.pptxMartaLoveguard
Slide 1: Title: Exploring the Mindfulness: Understanding Its Benefits
Slide 2: Introduction to Mindfulness
Mindfulness, defined as the conscious, non-judgmental observation of the present moment, has deep roots in Buddhist meditation practice but has gained significant popularity in the Western world in recent years. In today's society, filled with distractions and constant stimuli, mindfulness offers a valuable tool for regaining inner peace and reconnecting with our true selves. By cultivating mindfulness, we can develop a heightened awareness of our thoughts, feelings, and surroundings, leading to a greater sense of clarity and presence in our daily lives.
Slide 3: Benefits of Mindfulness for Mental Well-being
Practicing mindfulness can help reduce stress and anxiety levels, improving overall quality of life.
Mindfulness increases awareness of our emotions and teaches us to manage them better, leading to improved mood.
Regular mindfulness practice can improve our ability to concentrate and focus our attention on the present moment.
Slide 4: Benefits of Mindfulness for Physical Health
Research has shown that practicing mindfulness can contribute to lowering blood pressure, which is beneficial for heart health.
Regular meditation and mindfulness practice can strengthen the immune system, aiding the body in fighting infections.
Mindfulness may help reduce the risk of chronic diseases such as type 2 diabetes and obesity by reducing stress and improving overall lifestyle habits.
Slide 5: Impact of Mindfulness on Relationships
Mindfulness can help us better understand others and improve communication, leading to healthier relationships.
By focusing on the present moment and being fully attentive, mindfulness helps build stronger and more authentic connections with others.
Mindfulness teaches us how to be present for others in difficult times, leading to increased compassion and understanding.
Slide 6: Mindfulness Techniques and Practices
Focusing on the breath and mindful breathing can be a simple way to enter a state of mindfulness.
Body scan meditation involves focusing on different parts of the body, paying attention to any sensations and feelings.
Practicing mindful walking and eating involves consciously focusing on each step or bite, with full attention to sensory experiences.
Slide 7: Incorporating Mindfulness into Daily Life
You can practice mindfulness in everyday activities such as washing dishes or taking a walk in the park.
Adding mindfulness practice to daily routines can help increase awareness and presence.
Mindfulness helps us become more aware of our needs and better manage our time, leading to balance and harmony in life.
Slide 8: Summary: Embracing Mindfulness for Full Living
Mindfulness can bring numerous benefits for physical and mental health.
Regular mindfulness practice can help achieve a fuller and more satisfying life.
Mindfulness has the power to change our perspective and way of perceiving the world, leading to deeper se
In Jude 17-23 Jude shifts from piling up examples of false teachers from the Old Testament to a series of practical exhortations that flow from apostolic instruction. He preserves for us what may well have been part of the apostolic catechism for the first generation of Christ-followers. In these instructions Jude exhorts the believer to deal with 3 different groups of people: scoffers who are "devoid of the Spirit", believers who have come under the influence of scoffers and believers who are so entrenched in false teaching that they need rescue and pose some real spiritual risk for the rescuer. In all of this Jude emphasizes Jesus' call to rescue straying sheep, leaving the 99 safely behind and pursuing the 1.
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MAGAZINE: THE CAREER THAT IS PROPOSED TO US: The Path of Salvation, Holiness and Perseverance to Reach Heaven
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