You cannot predict what the future holds, but you can prepare for it. A contingency fund acts as a safety net and protects you from a financial crisis. It also protects your hard end savings and protects you from falling into debt.
With an Increase in Life expectancy and a generation of young adults struggling for financial independence the burden and responsibilities shift to the Middle Aged who still have to build their own retirement nest.
No matter where you are on your life path, take a moment to stop and imagine what your retirement would look like. Even if it seems far away try to focus on the picture as it’s vital to get on track for your retirement journey.
Today’s article reminds of the following quote : The First step is always the hardest, but it’s the only way to reach the second step. – Susan Gale Being a Millionaire, a multi-millionaire, or in the Indian Context being a Crorepati is always desirable. It is achievable too if...