Do these steps in the order mentioned below, don’t start investing in stocks without doing all of this.
1) 1 - Buy pure term life insurance for yourself (not your dependants) of 20X ur annual income
2) Buy Health Insurance for your complete family along with a top-up/Super top-up plan
3) Emergency Funds - 6 momths worth of expenses in ur savings account with auto sweep on
4) Retirement Plan - Invest in NPS
5) Goal Planning - Go to recipe.finology.in, plan ur goals and use index funds to meet your goals
6) Wealth Planning - Got Surplus Money ? Invest in Stocks and Sovereign Gold bonds
1) 1 - Buy pure term life insurance for yourself (not your dependants) of 20X ur annual income
2) Buy Health Insurance for your complete family along with a top-up/Super top-up plan
3) Emergency Funds - 6 momths worth of expenses in ur savings account with auto sweep on
4) Retirement Plan - Invest in NPS
5) Goal Planning - Go to recipe.finology.in, plan ur goals and use index funds to meet your goals
6) Wealth Planning - Got Surplus Money ? Invest in Stocks and Sovereign Gold bonds
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