🪙Wealth
The Hitchhiker's Guide to Wealth
Last updated
The Hitchhiker's Guide to Wealth
Last updated
Term Life Insurance
Finance related help
Get consolidated mutual fund investment statement
Invest in US Stocks
Stock Investing Community
Stock Screener
Upcoming IPOs
It's riskier!
INVIT
REIT
Invest in Holiday Homes
Keep a separate bank account for online transactions and day to day spends.
From your salary bank account or other bank accounts, transfer 10k-20k to the online-only bank account as and when needed.
Use credit card for transactions whenever possible to keep your bank accounts secure.
This way, you are using online-only bank accounts + credit cards for your spends, while keeping your main bank accounts as secure as possible.
This also helps you in budgeting to some extent.
Through Apps
Using Excel
By using one bank account/wallet for all spends
Do not lend money to your friends, relatives or anyone at all.
If you still want to help, help them get a loan.
Avoid taking an online loan
Always contact your bank first
Consult Financial Advisor/Planner
One way to manage and grow wealth is by enabling housemakers do active trading or investment in stocks.
It will help them feel valuable and also will help manage family wealth effectively.
They will require some training and experience but that applies to everyone.
