Elections can bring uncertainty to the markets, but your financial strategy doesn’t have to waver. In our latest blog, we delve into how people’s financial behaviours are influenced post-elections and offer actionable strategies to manage market volatility effectively.
Highlights:
– Understanding market volatility
– Why timing the market is risky
– Importance of continuing your SIPs
– Strategies for making additional purchases
– Staying committed to your long-term financial goals
Financial Rules for Better Money Management
50-30-20 Rule:Allocate your after-tax income into three categories: 50% for needs (essentials like rent, groceries, and utilities), 30% for wants (entertainment, dining out), and 20%