BE TECH SAVVY TO BE MONEY-WISE
The current generation needs constant technology in every aspect of life. Ensure you use it for finance too.
1. FIND OUT YOUR MONEY:-There are many apps and websites available to help you understand your money habits better. Even some banks offer services to analyse your spending habits. This can help control your money better.
2. CALCULATE YOUR NEEDS:-How much money do you need to retire or meet other goals? how much do you need to invest every month? There are various financial calculators to answer all your money questions.
3. DIY INVESTING:- Once you have your needs handy, you can easily conduct research online. There are scores of data available freely to help you understand investments and do it right.
4.TRACK YOUR INVESTMENTS:- Your money lies in your bank account, but you can practically view it on your computer, Create portfolio using myriad portfolio apps available. You may evern get advice and analysis.
5.SET NEWS ALERTS:- If you know your investments, your know what is likely to affect it. Set alerts through Google or even your portfolio application to know everything that matter to your money.
6.FIND AN ADVISOR NEAR YOU:-Can't do it yourself? Never mind. You can use technology to help you find someone to do it for you. Easily find good financial advisers in your area online at the click of button.
Source:-Hindustan Times e-paper Delhi 14/2/2017 page 13
