Keep Your Finances in an Orderly Way Through Budgeting- Kuber Mindz

By | 23/08/2018

India’s First Free Online/On-call Financial Advisory Portal – MoneyMindz

     An individual, a couple, a family household, or even a nation; budgeting is imperative. In fact, budgeting is the foundation for Financial Planning. Many people are unaware of budgeting. They think finances are boring, budgeting means cutting out all the fun in their lives, etc. India’s First Free Online Financial Advisory, Moneymindz

What most people fail to realize is that budgeting is the conscious allocation of your money. It helps keep your finances under control. If you think budgeting is a tedious job, then let’s break that misunderstanding first. Insurance Online Financial Advisory Portal, Kuber Mindz

Budgeting means you write down your income (monthly), expenses, savings, investments, insurances, financial goals and the time frame to achieve them. Your monthly income from many sources and your monthly expenditure, your savings and investments, your insurance products, financial goals and time frame to achieve them all has to be calculated and noted down.

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Based on such calculations, figure out where your money is going, how much you are spending for what, etc. Each month, reduce the expenses and include that extra money in your investments. Start investing. Investing means keeping aside funds to fulfill your short-term goals (<3 years), midterm goals (3 to 5 years) and long-term goals (>5 years). Best Financial Advisor, Kuber Mindz.

You have to invest to keep the money for various purposes. Keep an Emergency Fund or a Contingency Fund. A rainy day fund should contain 6 to 12 months of your regular income so that you can handle emergencies without draining your savings. Start Retirement Saving. Saving for retirement is crucial as the inflation rates are always on the rise, nuclear families are increasing which raises the possibility of your children moving away far from you.

Know the difference between needs (your basic necessities such as air, water, food, shelter, clothing, and medicine) and wants (which are mostly luxuries which deplete in value over a period of time). This will help you keep track of your money.


For help regarding finances, you have an option ready for you. Moneymindz, India’s First Free Advisory, has introduced Kuber Mindz, Smart Financial Advisor. He is calm and unbiased. He will solve all your doubts.

What’s more is that he is Artificial Intelligence. You need not hesitate to ask him anything. Just visit and he will be right there. He will clarify all your doubts and offer practical solutions that are unique to you and your circumstances.

Get Term Insurance, Health Insurance also. Get all the guidance you require. So why delay? Visit him right now.

For more information visit or give a missed call to 022-62116588

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