MoneyTree

My friend who was around 40 years old and got admitted to the hospital due to heart attack. Their family is so much dependent on him that they were not even know that is there any health insurance policy, who was their agent, which company insurance he took etc. because he never discuss financial matters with the family. As his family doesn’t know anything, they are unable to intimate the insurance company for the claim and my friend died and all the expenses were bear by the family along with the sorrow situation of the family.

Is this correct? Ask yourself the same question if you were not there, your family would be able to know what are the investments and policies you have taken for them and any other financial thing.

In this current situation of Pandemic, we all know that life is uncertain. So start thinking about above situation. Ask the question to yourself that whatever you have invested for you and your family is that properly managed? Whether all the legacy is maintained in such a way that it will easily pass to your dear and near ones? And if answer is no then start working on the same.

First step towards this is to Recording of all your data at one place. Being organised is the main and integral part of anyone’s financial life. If you are well organised, well disciplined about your personal as well as financial data and about your all important documents then you have already won the half battle of your financial war.

SO start being disciplined, being organised, being well informed about all the small details of your financial matters and don’t forget to involve your family into this. Because in India there are still values for being together with family, there are still women who are completely dependent on their spouses. So don’t let your dependent fail when you were not there.

To start with make a proper list of all the financial details and create proper folder for each and every documents. Or you can connect us for the help to organise all this for you, as we have created special and customise excel tools for reduce your burden and help you to sleep tension free in the night!

Precaution is always better than cure.So be prepared and be Organised.

#StayHome #StaySafe #StayInvested