While income and wealth are often used interchangeably, they represent distinct aspects of personal finances. Understanding their differences is crucial for achieving financial stability and… Read More »Understanding the Difference Between Income and Wealth
Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has redefined the way people think about income and wealth creation. His insights emphasize… Read More »Robert Kiyosaki’s Insights on Income
Overspending is a common challenge that can derail financial goals and cause unnecessary stress. The good news is that with discipline and a few strategic… Read More »How to Stop Overspending.
Strategic financial planning is crucial for entrepreneurs aiming to build sustainable, successful businesses. Effective financial management helps entrepreneurs make informed decisions, manage cash flow, and… Read More »Strategic Financial Planning Tips for Entrepreneurs
Boosting finances during retirement is essential to maintain financial security and enjoy a comfortable lifestyle. Even in retirement, there are strategic steps that can enhance… Read More »5 Smart Ways to Boost Your Finances Even During Retirement
Fixed and floating interest rates are two common types of rates offered by financial institutions for loans and deposits. Each type has distinct features, benefits,… Read More »The Dynamics of Fixed and Floating Interest Rates
A Non-Banking Financial Company (NBFC) is a financial institution that provides various financial services and products but does not hold a banking license. Unlike traditional… Read More »What is a Non Banking Financial Company (NBFC)
The 50-30-20 rule is a simple and effective budgeting strategy that helps individuals manage their finances while maintaining a balanced lifestyle. By dividing your income… Read More »The 50-30-20 Rule of Budgeting for a Balanced Life
Paying taxes is a fundamental responsibility of every citizen in a country. It serves as the financial backbone of government activities, enabling the smooth functioning… Read More »Purpose and Importance of Paying Taxes
Debt can be a double-edged sword. While it can provide immediate financial relief or facilitate significant purchases, it can also lead to a cycle of… Read More »How to Avoid the Debt Trap?
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Mr. Ravi S Rao, Managing Director & Member, Board of Directors
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Mr. Suman Sasmal, Ambassador, Coach, Consultant OpenExO
