This is a classic example that explains the story which I took from the book of Tony Robbins “Money – Master the Game“. It’s about a famous boxer called Lloyd Mayweather. Mayweather’s earlier strategy was – Fight, get money, spend the money, fight again. Sounds silly isn’t it?

If you know what your goal is, is that enough?

What makes the difference? As some achieve their goal and some not.

How to lay your foundation well to achieve your goal ?

I have always heard people say this most of the time that ‘if my salary goes up, I can lead a comfortable life.’

Does it really work?

What makes the change?

How can we control our spending?

When you start investing, you must know where you are now financially, after that you need to be clear about what you are investing in, it’s not just about the goal but, the most important thing is to know the value behind your investment goal.

Let’s find out how you can find value for all your investments.

A hundred rupees 20 years back is still a hundred rupees now. The amount doesn’t change, but there is a change, do you know what it is?

Something which makes 100 rupees not worth as it was 20 years back.

It’s nothing but purchasing power. Yes, the purchasing power does not remain the same.

Are you upset when share market falls?

When you are going to invest in equity mutual funds, you know that the equity market is volatile. And, because of that, only equity funds are giving a better return than any other asset class in the long run.

We all face a lot of challenges in our day-to-day life, some big and some small. Some take our life some teach us a lesson.

The question is, how much are we prepared for unexpected challenges in our life?