Tip Tuesdays: Do What is Financially Right for You

by Vinaya HS on February 3, 2009

in Finance

Thanks for visiting Capital Advisor. I frequently update this blog to cover various topics on personal finance such as investment strategies, financial products that you should buy and ones that you really should stay away from, financial calculators, emerging themes such as early retirement and financial independence, and much more. You can Subscribe through Email and receive new articles directly in your Inbox or you can Subscribe through the RSS Feed and receive new articles in your feed reader.

What is financially right for one person need not be financially right for another person — that’s the beauty of personal finance. You shouldn’t invest in stocks just because your colleague sitting next to you executes trades all day long and brags about it. You shouldn’t buy a ULIP (Unit Linked Insurance Policy) for income-tax savings just because everyone else around you seems to be doing so. Do what is financially right for you. Keep this in mind and you’ll be financially healthy.

Tip Tuesdays is my initiative to share practical personal finance tips — every Tuesday. I’d be delighted if you could share a tip or two from your own experiences. Drop a comment to submit your tip. And, as always, do spread the word if you find this useful.




Thanks for reading this article. I'd love to hear your opinion. Please use the comments section below to share your thoughts. I frequently write new articles that also cover several other aspects of personal finance including credit cards, financial goals, health insurance, income tax, life insurance, mutual funds, retirement planning, and much more. You can Subscribe through Email and receive new articles directly in your Inbox or you can Subscribe through the RSS Feed and receive new articles in your feed reader.

{ 1 comment… read it below or add one }

Girish February 3, 2009 at 10:24 PM

Choosing the right option with right insight is always advisable….
Keep the blogs flowing.
Girish

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