June 7, 2017

Finally, there’s one place to manage all your finances with ease. Financial Freedom is the free Financial Adviser, money manager and financial tracker app that does it all. We bring together your Expenses, Income and investments so you know where you stand. See what you’re spending, where you can save money, and stay on top of bill pay like never before. You can even keep track of your Money and get tips and advice to help improve it for free and be educated on every investment you make.

Get a more complete picture of your financial life. We bring together everything from account balances and spending to your free Investments, net worth and more.

Track and pay bills right alongside your account balances. You’ll know what’s due, when it’s due, and what you can pay.

With one place to keep track of your finances, there’s no need to log into multiple sites. Plus, we’ll give you savings tips to help with budgeting and debt. And our CFP are also there to guide you to the right path of becoming rich.

Effortlessly create budgets you can stick to. To help you save smarter from day one, we even make a few for you based on your spending.

We will Help you understand your money and this complicated Indian Financial market to keep you away from poverty, or financial Frauds, You’ll learn how it’s calculated and get tips to help you keep it healthy.

Get bill pay reminders so you pay bills on time. Schedule payments on the spot or for later, and say so long to missed payments and credit card fees.

We’re serious about security and use measures like multi-factor authentication, designed to help you protect access to your account. Plus, We are trusted by millions with sensitive data, Your security is our responsibility.

My Adviser
At Moneymindz.com we have a team of certified financial advisors who can help you with your doubts or concerns before buying any financial product you can chat with an adviser and get 100% unbiased and best advice for free.

Post To Experts
Post any financial question and our experts from across the India will answer your questions

Check Market
Check all the latest market prices of all commodities

Financial Calculator
You can calculate anything you want to from your taxes to you EMI or investments everything at your finger tips.

Get market updates news and be up to date on the complicated financial market of India

Read more

Have you thought about it that your first job is a very important milestone in one’s Life- No longer you’re a student but you are earning and with it comes financial Freedom. However, it is important to keep in mind that this is only the first step towards financial planning and meeting your goals and dreams.

Planning your finances from the time you start earning will ensure that your savings benefit from the power of compounding.

For Example: If a 25 years old saves Rs.5000 per month at interest 10%. Then will earn around 1 cr in mid Fifties.

On the other hand, if one starts savings Rs. 5,000 a month at 30 years (with the same 10% interest), the corpus after 30 years will be only Rs. 60 lakhs.

Hence, it is advisable to start allocating money towards savings & investments as early as possible

The first step to your financial plan is to prepare a budget based on both current and expected income and expenses. It is very important to understand and monitor one’s cash flows, i.e. from where the cash comes in and where it gets expended

1. Take stock of your student loans.

First things first: If you have student loans, you aren’t doing yourself any favors by waiting to see if your lender notices you’ve graduated.

Some loans have what’s called a “grace period ,” or a six-month gap after you’re finished with your education, ostensibly to allow you to set up an income. The thing about grace periods, though, is that interest continues to accumulate – so if you can start making payments immediately, it can ultimately save you money.

2. Get an idea of your Cash Flow

If you are making 400000 lakhs a month you aren’t depositing Rs 6000 a month into your bank accounts. Most people have taxes, some retirement contributions (more on that later), and insurance payments taken from their paycheck before they ever see it.

That’s the money coming in. But what about the money going out?

The other half of your cash flow is the money you’re spending, and with apps Like Financial Freedom application which allow you to connect all of your accounts and keep track of the activity for you, keeping an eye on your outflow is easier than ever. As long as you’re bringing in an amount equal to or more than you’re spending, you should be able to stay out of debt.

3. Inflation:

Where compounding helps, Inflation doesn’t. Things become expensive overtime due to many reasons. This rise in prices of essential commodities is called inflation.

Now, how fast your money grows, in relation to inflation is what determines how your wealth grows.

Your money loses value over time thanks to inflation. So Rs 10,000 invested in January of this year may be worth only Rs 9,200 at the end of the year, if inflation is at 8%.

An investment returning 8% when inflation is 8% is doing nothing but keeping your money where it was.

4 .Create an emergency fund:

Experts believe that you should create an emergency fund that has 3-6 months of expenses. This will help you deal with possible layoffs or unforeseen emergencies. You can put your initial savings in this.

5. Once you have created an emergency fund, list your financial goals:

An emergency fund should be your first goal. After this, list down your goals under long term, short term, and medium term heads. Long term goals can be a house, medium term can be a car, and short term can be a smart phone.

Secure your Future by taking expert financial advice from certified financial planners, By leaving a missed call to 022-62116588 or visit Moneymindz.

For More Information:

*Are you Looking For Free Financial Advice*

*Fill The Form Our CERTIFIED FINANCIAL PLANNER Will Call You Freely*

Give Us a Missed Call On 022 – 62116588

(Or) Download Our MoneyMindz -Expert Seller APP

(Or) Visit: https://www.moneymindz.com/

(Or) Download Our MoneyMindz-Financial Freedom APP

Read more