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Increase your financial IQ

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  Increase your financial IQ – Robert Kiyosaki   It is not the love of money that is evil—it is the lack of money that causes evil. Many people believe that it takes money to make money. This is not completely true. Always remember that if you can lose money investing in gold, you can lose money in anything. Ultimately, it is not gold, stocks, real estate, hard work, or money that makes you grow—it is what you know about gold, stocks, real estate, hard work, and money that makes you rich. Ultimately, it is your financial intelligence, your financial IQ that makes you grow. Although Change is the only constant thing in this world, when it comes to finance related habits there is reluctance to change. Most of us live with some individual policies that we follow for unnecessarily long time. Why is LIC the top insurance company in India by a big margin?   Why is SBI the biggest bank in India? Why is FD the savings option opted by the most of Indians? Although...

Ikigai

  Ikigai : by Hector Garcia   Give new information to Brain. That’s brain exercise! Repetition brings expertise! That’s the best way to improve! We do the physical exercise consistently. How about the mental exercise? Along with repetition we need to do some new activities in a day that improves the mental health, says Hector. For instance, running the last 200m backwards in the daily jogging exercise surprises your brain, puts efforts on it and the mental exercise gets done. Once this becomes routine make a small change again.   For brain, the newer the fuel, the more efficiently it runs. There is a tension between what is good for someone and what they want to do. This is because people, especially older people, like to do things as they’ve always done them. The problem is that when the brain develops ingrained habits, it doesn’t need to think anymore. Things get done quickly and efficiently on automatic pilot, often in a very advantageous way. This creates ...