Key Pillars for Strong Financial Foundation

Dear All,

Today I would like to share the four key pillars which will help to build a strong Financial base. Similar to our physical and mental health, financial health is equally important and a strong foundation is like a strong immunity.

Pillars for Strong Financial Foundation

A) Secure Family from our Absence -

This will provide our Loved ones the Financial support function and in-dependency if a undesirable instance happens. It will take care of the all the Liabilities for example Home Loan, Car Loan and further it will provide a regular income. We wouldn't be there however our salary amount would continue to get Credited in the account.

B) Accumulate to Enjoy Life post Retirement -

Most of us put lots of effort through out our life to earn for self and family, however mightn't be able to enjoy the wealth fully in the busy life schedule, and when we will Retire we will have all the time we would have thought of, however a questions pops-up what would be the source of Money. Its very important to plan for our Retirement income while we are earning.

C) Insure our little Hearts Future -

There is no second thought that we Love our kids the most and wish to give them the best education possible after their schooling, for them to fulfill their Dreams, With the education cost increasing every year its suggested to plan for an invest specifically for the need of education.

D) Protect capital from Medical Expenses -

Hope most of you would agree that in today's time the most basic however equally expensive element is Medical Treatment and Hospitalization.We all should have a personal Medical cover which will take care of all the expenses in case their is a need and we wouldn't have the spare our hard earned money. Agree that most of us will have a Medical cover provided by the Employer, however I would say they aren't sufficient and also if we plan to take a personal during the later part of out life it wouldn't be easy to get and end up paying more. Plus there are many benefits of personal Medical Insurance like No Claim bonus, Refile, Free Health check-up and many more.

Thanks and Regards,

IEV Financial Advisory Services

+91-7776858432

ievfaservices@gmail.com