How To Make Budget To Meet Your Investment Goals?

11:57 PM pervez akhtar 0 Comments

Establishing financial goals for the short, medium, and long term is a critical step toward financial stability. You’re more inclined to spend greater than you should if you’re not working toward a defined goal. When you need money for unforeseen obligations, not to include when you want to retire, you’ll be short on cash. You may become trapped in a destructive spiral of credit card debt, believing that you will never have enough money to properly insure yourself, leaving you more susceptible than necessary to deal with some of life’s key hazards.

It’s critical to have a structured manner of spending when you have a stable income. Experts say that expenses may be divided into three categories: those that can’t be avoided, those that can be saved, and those that are essential but not necessary. On the grounds of these three expenses, the 50-30-20 rule of budgeting one’s income comes into play, according to which one should set aside 20% of one’s income for savings, 50% for vital and necessary spending, and 30% for important but not necessary expenses. Experts went on to say that if used correctly, the 50-30-20 rule of money can help an earner reach a variety of financial goals with ease.

Financial planning based on budget

As you may be aware, saving money is insufficient to ensure commercial success and security in life. You must invest your money to work and invest it in various financial tools to reach your short- and long-term financial goals. But how can you figure out how much money you’ll need to reach your objectives? Goal-oriented planning is the way to go! Furthermore, financial planning prepares you for unforeseen financial events such as job loss or medical difficulties. In this manner, you may have peace of mind and ensure your family’s financial security at all times.

Annual financial planning allows you to formally examine, update, and evaluate your goals and progress from the previous year. If you’ve never established objectives before, now is the time to do so so you can get—or stay—on solid financial ground. Here are some goals that financial experts advocate setting, ranging from short-term to long-term, to help you understand to live decently within your means, solve money problems, and save for retirement.

Steps involved to make budget-friendly investment goals

1. Determine your investment objectives

You must first create clear financial goals for yourself before mutual fund investment or other alternative investments. What do you want to get out of the investment, and what are you saving for? Answer these questions to determine your investment objectives, which will serve as the foundation for your journey.

2. Planning a budget

Once you’ve established your objectives, you’ll need to create a budget to determine how much you’ll need to save and how much you’ll need to shares and bonds instruments. To make your budget, think about your monthly expenses, assets, and liabilities.

3. Examine your willingness to take up risks.

The next stage is to evaluate your risk profile, as you’ll need to assume the proper degree of risk to meet your financial objectives. Keep in mind that your credit risk is influenced by factors such as your age, financial condition, income, phase of life, and so on. As a result, before allocating your assets to various investment options, determine how much risk you are willing to take.

4. Make an investment strategy.

Finally, determine the amount of money you’ll need to save and spend in order to achieve your objectives. Don’t worry if you don’t think you have enough money to invest in your financial ambitions. Remember that starting small and investing through Systematic Investment plans (SIP) is a great way to build wealth over time.

Bringing the 50/30/20 Rule into usage

Without realising it, most people save too little and spend too much. The 50/30/20 rule of thumb is a simple way to start paying attention to your spending and saving habits. You’d be able to save more for the activities that matter to you by spending less on the ones that don’t.

1. Make a monthly income calculation
Sum up how much money you get each month from your bank account. Discover out how much is withheld from your take-home pay if you have a company retirement plan and add it back in. Lower your monthly income by the amount of expected taxes you pay.

2. Make your budget based on this basis

To figure out how much you should spend in each area, multiply your take-home income by 0.50 (for necessities), 0.30 (for desires), and 0.20 (for financial objectives).
3. Determine a budget limit for each category

Consider these three types as “pools” to which you can add monthly spending. List and total your monthly expenses by category to evaluate if you’re spending far less than the monthly spending goals you set in the previous stage.
4. Stick to your budget

Record your expenditure each month and make adjustments as needed to stay inside your spending limits in the future.

Conclusion

You’re unlikely to make faultless, linear progress toward any of your objectives, but what matters is that you stay on track. Don’t beat yourself up if you can’t contribute to your emergency fund one month because of an abrupt car repair or medical expenditure, and instead have to take money out of it; that’s why the fund exists. Simply get back on track as quickly as possible.

It’s the same if you quit your job or become ill. You’ll need to make a new strategy to get through that difficult time, and you may not be able to pay off debt or save for retirement, but if you’ve made it through, you can restart your original plan—or even a revised version—once you’ve recovered.

That’s the brilliance of annual budgeting: you can revisit and adjust your objectives, as well as track your progress toward them, as life unfolds. You’ll discover that the simple things you do on an annual and weekly basis, as well as the larger tasks you do each year and over decades, will all contribute to your financial goals.

The post How To Make Budget To Meet Your Investment Goals? appeared first on RVCJ Media.



from RVCJ Media https://ift.tt/vQ8Gxky

0 comments:

From Hrithik Roshan To Karisma Kapoor, These Celebrities Said They Would Not Marry Again

6:57 AM pervez akhtar 0 Comments

Recently, the Bollywood actor/producer/director Farhan Akhtar got married to the famous singer/model Shibani Dandekar and the wedding functions were star-studded as many big celebrities graced the occasion with their presence. This is Farhan Akhtar’s second marriage as earlier he was married to Adhuna and they got divorced after spending 17 years together.

Link-ups, affairs, break-ups, multiple marriages and divorces are pretty common in both Bollywood and Hollywood as we have seen many stars tying the knot more than once or twice but there are some stars who chose not to marry again after their first marriage came to an end.

Here is the list of such stars:

1. Karisma Kapoor:

The veteran Bollywood actress who has given some really great acting performances in a number of movies got married to an industrialist Sanjay Kapur in the year 2003 but the couple filed for divorce in 2014 and by 2016, their divorce was finalized. They have a son and a daughter from their marriage, though Sanjay has married again and is enjoying his family life, Karisma is still single till date. Karisma Kapoor may not have spoken about her future plans but her younger sister Kareena Kapoor Khan once said that Karisma won’t be marrying again.

2. Hrithik Roshan:

The handsome hunk who is also referred to as the Greek God by his fans because of his cool looks is known as a very caring father but his wedding with Sussanne Khan ended in divorce after 14 years of marriage. Though Hrithik Roshan’s name has got linked up with many actresses and it is being said that he is presently dating Saba Azad, the “Lakshya” actor once stated in an interview that he can’t think of marriage as he feels contented and satisfied.

3. Khalid Siddiqui:

The actor-model Khalid Siddiqui got divorced in the year 2013 and since then, he has devoted himself completely in taking care of his daughter and son. When he was asked about his second marriage, he said that this is an important phase for his kids and he doesn’t want a fourth person to come and upset their lives.

4. Randhir Kapoor:

The senior Bollywood actor and father of Karisma and Kareena never got divorced from his wife Babita who was also an actress of yesteryears despite the fact that they got separated in 1988 after getting married in 1971. During an interview, Randhir Kapoor said that neither he nor his estranged wife wishes to marry for the second time in their lives.

5. Sandra Bullock:

Hollywood beauty Sandra Bullock has also made it clear that she is not thinking of the second marriage despite the fact that she is pretty much committed to Bryan Randall who is a professional photographer. Sandra was earlier married to Jessy James and they got divorced after 7 years of marriage when Jessy accepted that he cheated on Sandra.

6. Kurt Russell:

The Hollywood actor is in a relationship with actress Goldie Hawn for the last 38 years but they both are not in the mood of getting married because for them, their relationship is no different than the relationship of a married couple. Kurt Russell tied the knot with Season Hubley in 1979 and the couple got divorced in 1983.

Do you know any other celebrity who has talked about not tying the knot again in life after getting separated from their partner? Add to the list.

The post From Hrithik Roshan To Karisma Kapoor, These Celebrities Said They Would Not Marry Again appeared first on RVCJ Media.



from RVCJ Media https://ift.tt/gF23pyc

0 comments:

Liam Livingstone Has A Cool Reply To Troller Who Asks Him To Focus On Cricket Over Football

5:57 AM pervez akhtar 0 Comments

Liam Livingstone, the English cricketer who was playing for Peshawar Zalmi in the Pakistan Super League (PSL) 2022, had left the league midway after injuring his hand in a match against Islamabad United. He may not have been able to make an impact in the PSL 2022 but he is certainly one of the most expensive players of the IPL as he has been purchased for Rs. 11.50 crore by Punjab Kings.

Liam Livingstone is also a great fan of football and recently he took to the micro-blogging site Twitter to cheer for Blackburn Rovers, the English football club which is going to take part in the EFL Championship.

Liam Livingstone tweeted, “Day out at Ewood… massive day! Come on the boys”.

On this tweet, an online user tried to troll the 28 years old English cricketer by asking him to focus on cricket but Liam Livingstone had a wonderful reply for him. He thanked the troller and posted the message with a thumbs up emoji.

Liam Livingstone played four matches for Peshawar Zalmi; he was able to score only 39 runs and took just 2 wickets. But he will certainly like to improve his performance in the IPL 2022 which is going to start from March 26 and will end on May 29. The players will be living in bio-bubble and all the matches will be played only at four venues out of which three are in Mumbai while one is in Pune.

This was certainly a cool reply by Liam Livingstone, wasn’t it?

The post Liam Livingstone Has A Cool Reply To Troller Who Asks Him To Focus On Cricket Over Football appeared first on RVCJ Media.



from RVCJ Media https://ift.tt/o9F65fv

0 comments:

Irfan Pathan Pulls Ravindra Jadeja’s Leg For Blinking His Eyes A Lot, Jadeja Reacts

4:57 AM pervez akhtar 0 Comments

The Indian cricket team has scripted history by whitewashing the fourth consecutive limited over series at home as yesterday it defeated the Sri Lankans in the third and the final T20I of the 3-match T20I series and won the series by 3-0.

Ravindra Jadeja, the Indian all-rounder is an integral part of team India and he played an important part in India’s win especially in the second T20I after which he also engaged in a hilarious banter with the former Indian all-rounder Irfan Pathan. The second T20I was played on February 26 at HPCA Stadium, Dharamshala; the toss was won by the hosts and they decided to bowl first.

Batting first, the Sri Lankan cricket team put up a total of 183 runs for 5 wickets on the score board in the stipulated 20 overs with the help of beautiful innings of Pathum NIssanka (75), Danushka Gunathilaka (38) and Dasun Shanaka (47). Chasing a big target of 184 runs, India had a pretty bad start as the team lost both its openers Rohit Sharma(1) and Ishan Kishan (16); however, Shreyas Iyer (74) and Sanju Samson (39) not only stabilized the innings but also paved the path for India’s triumph. Well, the highlight of the Indian innings was the batting of Ravindra Jadeja who scored 45 runs in just 18 balls and his innings included 7 fours and 1 six.

While talking to the mediapersons in the virtual press conference, Ravindra Jadeja thanked his skipper Rohit Sharma for showing faith in him but there was one thing peculiar about him, Jadeja was blinking his eyes a lot.

The former Indian cricketer Irfan Pathan noticed this act of Jadeja and he decided to have some fun at the latter’s expense. Irfan Pathan took to the micro-blogging site Twitter and wrote, “Baapu needs eye drops”.

Ravindra Jadeja soon responded by telling that he was wearing lens for the first time and Irfan praised Jadeja by saying that the manner in which he was batting, it felt as if he had worn binoculars.

Jadeja also thanked Irfan for appreciating his batting.

In the third and the final T20I of the series, the visitors won the toss and decided to bat first. They put up a total of 146/5 on the score board which was chased by the hosts in 16.5 overs. Shreyas Iyer once again played a beautiful innings of 73 not out (45 balls, 9 fours & 1 six) and he was not only declared as the player of the match but also the player of the series.

Irfan Pathan certainly has a good sense of humour. What do you say?

The post Irfan Pathan Pulls Ravindra Jadeja’s Leg For Blinking His Eyes A Lot, Jadeja Reacts appeared first on RVCJ Media.



from RVCJ Media https://ift.tt/d7KBJ0w

0 comments:

Remember Chandrakanta Aka Shikha Swaroop From Famous Show? This Is How She Looks Like Now

6:57 AM pervez akhtar 0 Comments

Bollywood is one of the most attractive industries of the country and winning a beauty pageant certainly makes it easy for the winner to enter the industry but not every beauty queen has a long acting career. Shikha Swaroop, the actress-model who won the Miss India International 1988 during her college days may have worked in quite a few movies and serials but she is always remembered because of her role in the fantasy television series Chandrakanta.

This series was based on the novel written by Devaki Nandan Khatri which had the same name and was written in 1888. The show was aired on DD National for around two years 1994-96 and it was one of the favourite shows of the viewers in those times.

Shikha’s acting career started well as she worked in few movies including Tahalka, Policewala Gunda, Pranlal Mehta’s Police Public, Gulshan Kumar’s Naag Mani, Kayda Kanoon, Pyar Hua Chori Chori, Cheetah, Thanedarni and Awaaz De Kahan Hai which had some big names of the industry and she also got to work in some famous TV shows such as Andaaz, Amar Prem, Anupama, Sunil Agnihotri’s Yug and Siddhant Vision’s Kahan Se Kahan tak but her acting career didn’t last long.

However, she tried to make a comeback in the year 2011 with Kahani Chandrkanta Ki and Ramayan (2012-13) but wasn’t able to make much impact and since then, she has been missing from small screen as well as big screen. As far as her personal life is concerned, she got married to an army pilot Rajiv Lal but their marriage was short-lived. Shikha Swaroop has also won gold medal in a pistol shooting competition and has also played badminton at the national level.

Shikha Swaroop’s image of Chandrakanta is still alive in the hearts of her fans but recently when few of her photos went viral, people were amazed to see that she still looks beautiful like earlier.

This is how Shikha Swaroop looks like now:

Isn’t she still gorgeous?

The post Remember Chandrakanta Aka Shikha Swaroop From Famous Show? This Is How She Looks Like Now appeared first on RVCJ Media.



from RVCJ Media https://ift.tt/vuX7bMd

0 comments:

Alia Bhatt Gets Trolled For Choosing Her Favouite Cricketer Between Rohit Sharma & Virat Kohli

5:57 AM pervez akhtar 0 Comments

The Bollywood actress Alia Bhatt is currently on cloud nine as her recent release “Gangubai Kathiawadi” is getting positive reviews by critics and audiences are also loving her performance. The movie is directed by Sanjay Leela Bhansali and it also stars Ajay Devgn in an important role.

Alia is pretty busy attending the promotional events and during an interview, she revealed her favourite cricketer between Rohit Sharma and Virat Kohli. She stated that her current favourite is Rohit Sharma but all time favourite is Virat Kohli. She is also asked to comment what she would do if one day she wakes up as Virat Kohli and in reply, the “Raazi” actress says that she will take a break because he has been playing for a long time now. On being asked to comment what she will do if she wakes up as Rohit Sharma, she says that she won’t take a break as he has been made the skipper of the Indian cricket team recently in all the three formats and he will inspire her teammates to perform well.

Here is the video clip:

Click to watch this video directly on Twitter

As soon as the video clip was posted online, fans of Rohit Sharma and Virat Kohli started trolling Alia Bhatt for her answer as many felt that she was being diplomatic, while there were some who stated that she has no knowledge of cricket.

She got trolled more because of the fact that the fans of Rohit Sharma and Virat Kohli leave no chance of proving that their favourite cricketer is better than the other one, despite the fact that both the cricketers have maintained that everything is good between them and their camaraderie on the field is also loved by cricket lovers.

Check out some selected reactions:

#1

#2

#3

#4

#5

#6

#7

#8

What are your thoughts in this regard? Do let us know.

The post Alia Bhatt Gets Trolled For Choosing Her Favouite Cricketer Between Rohit Sharma & Virat Kohli appeared first on RVCJ Media.



from RVCJ Media https://ift.tt/YuBvPFI

0 comments:

Jasprit Bumrah Revealed How Troubling Ricky Ponting Helped Him Secure A Place In MI

3:57 AM pervez akhtar 0 Comments

The Indian pacer Jasprit Bumrah is an integral part of the Indian cricket team as well as his IPL team Mumbai Indians and many times he has given match-winning performances for both the teams. Over the years, he has earned the reputation of being one of the best pacers of the present times and how important he is for MI can be understood by the fact that he was also one of those four players who were retained by the franchise.

Mumbai Indians retained its skipper Rohit Sharma, Jasprit Bumrah, West Indian cricketer Kieron Pollard and Surya Kumar Yadav ahead of the auction for the IPL 2022 and Bumrah is getting paid Rs. 12 crore by the franchise. Though Jasprit Bumrah performed well in the IPL 2021 as he took 21 wickets in 14 matches and was the third highest wicket-taker in the tournament yet MI was not able to even enter the play-offs.

Recently while speaking on the YouTube channel of his teammate and veteran Indian cricketer Ravichandran Ashwin, Bumrah narrated how he got the chance to play for Mumbai Indians in the year 2013.

He told that the MI team was practicing in Bengaluru and he practiced with the squad for 2 days. The practice wickets were green and the white ball used to swing at that time. During the practice, he troubled everyone with his big in-swingers and he also dismissed the former Aussie cricketer Ricky Ponting 2-3 times. The MI officials and players had a discussion about him and decided to play him as they felt that he is different.

MI lifted its first IPL trophy in the year 2013 and Bumrah has played an important role in all the five title wins of his team.

The IPL 2022 is slated to start from March 26 and the finals of the tournament will be played on 29th May. However, only MI will have the home advantage as the Board of Control for Cricket in India has finalized four stadiums for the tournament and out of these four stadiums, three are in Mumbai while one is in Pune. The players will have to live in bio-bubble in order to remain safe from COVID-19.

Do you think MI will win the IPL sixth time?

The post Jasprit Bumrah Revealed How Troubling Ricky Ponting Helped Him Secure A Place In MI appeared first on RVCJ Media.



from RVCJ Media https://ift.tt/JMlYykf

0 comments:

“Aakhir Kehna Kya Chahte Ho?,” Fans Left Confused After BCCI Announced IPL 2022 New Format

5:57 AM pervez akhtar 0 Comments

The Indian cricket fans are eagerly waiting for the IPL 2022 to begin as this time it is going to be bigger and better than ever because two new teams Lucknow Super Giants and Gujarat Titans will be joining the eight existing teams in the fight to win the IPL trophy. The tournament is going to start from March 26 and the final will be played on May 29. The players will need to live in bio-bubble due to COVID-19 and the Board of Control for Cricket in India has decided that matches will be played at four venues only in order to avoid more traveling to reduce the risk of getting infected with the virus. The three venues have been finalized in Mumbai – Wankhede Stadium, Brabourne Stadium and DY Patil Stadium and one venue has been chosen in Pune which is – MCA International Stadium.

Many of us thought that this time, the matches played will be more than the earlier seasons as two new teams have been added in the tournament but BCCI has change the format of the league phase so that the number of matches gets reduce to some extent. However no changes have been made in regard to the play-offs and each team will still play 14 matches in the league phase but in a different manner.

The 10 teams have been divided in two groups, the Group A has Mumbai Indians, Kolkata Knight Riders, Rajasthan Royals, Delhi Capitals and Lucknow Super Giants and the Group B consists of Chennai Super Kings, Sunrisers Hyderabad, Royal Challengers Bangalore, Punjab Kings and Gujarat Titans.

MI and CSK have been kept on the top in the groups on the basis of the number of trophies won by them. Each team will play 2 matches with the teams of their group and 2 matches with one team of the other group and one-one match with other four teams of the other group. BCCI has given seedings to each team and it will decide which teams from different groups will play 2 matches against each other.

The Indian Twitterati went berserk after seeing that this new format is a little complicated and difficult to understand. Here are some selected reactions:

#1

#2

#3

#4

#5

#6

#7

What is your opinion about this new format of the IPL 2022? Let us know.

The post “Aakhir Kehna Kya Chahte Ho?,” Fans Left Confused After BCCI Announced IPL 2022 New Format appeared first on RVCJ Media.



from RVCJ Media https://ift.tt/Q3sE49B

0 comments:

Michael Vaughan Showers Praises On PSL, Gets Roasted By Indian Twitterati

3:57 AM pervez akhtar 0 Comments

The Indian Twitterati certainly loves the former England cricketer Michael Vaughan as he gives plenty of chances to the Indian cricket lovers to troll him and he is once again on the target of Indian netizens as he made a tweet in which he called the Pakistan Super League (PSL) better than other leagues.

Though Michael Vaughan has not taken name of any other cricket league, the Indian cricket fans are sure that he is targeting the Indian Premier League, something that he has done in the past many times.

Recently, Michael Vaughan made a tweet in which he wrote that the Pakistan Super League is spot on as it has high quality players and as less matches are played, the cricket fans are left wanting for more in the end which is not the case with the other franchises.

Here is what Vaughan wrote, “The Pakistan Super league has it spot on… High quality players… Fewer games than other tournaments making it a few weeks shorter… It leaves you wanting a little bit more at the end… Other tournaments don’t… #Pakistan”.

As we told you above that the Indians speculated as if Michael Vaughan was trying to take a dig at the IPL even though he didn’t name it, they trolled him left and right for this tweet.

Here are some selected reactions:

#1

#2

#3

#4

#5

#6

However, there is no denying the fact that the IPL is far bigger and better than any other franchise league including the PSL and in this season, it is going to get bigger than ever as two new franchises – Lucknow Super Giants and Gujarat Titans will join the existing 8 teams. As per the reports, the IPL 2022 is going to start from March 26 and the final match will be played on May 29.

It will be interesting to see how former Indian cricketer Wasim Jaffer will react on this statement made by Michael Vaughan as they both keep pulling each other’s leg at every chance they get. Many former Indian cricketers feel that Vaughan targets the Indian cricket team and the IPL just because he wants to increase his followers.

What is your take on the tweet of Michael Vaughan? Let us know.

The post Michael Vaughan Showers Praises On PSL, Gets Roasted By Indian Twitterati appeared first on RVCJ Media.



from RVCJ Media https://ift.tt/Z69yNdH

0 comments:

Subscribe to: Posts (Atom)