Sunday, March 12, 2006

Too busy to manage your money? Check out these tips

Hi Friends,

Wish you all a happy and colourful holi.

Here goes my new article on ET that might be helpful in this month of March, which besides Holi also brings along the deadline for meeting the year-end financial planning.

Plz continue goving your valuable comments

Barun

Too busy to manage your money? Check out these tips

It's March again and everybody is running from pillar to post to get their financial books in order before the financial year ends on March 31. Questions ranging from how to save tax to where to invest without compromising on returns are in everyone's mind.

It has become an annual ritual to find the right avenues to park hard-earned money for getting maximum tax benefits and returns as well, once the month of March hits the calendar. And, the problem becomes more acute for those busy professionals who have been busy working throughout the year and lack the quality time to settle their financial problems.

In today's world, people are working harder and are also earning money more than ever before. However, managing money is harder than making it. Moreover, people are never satisfied with the amount of money and time on their hands. The yearning to earn more money leaves the people short of the time required to manage their everyday necessities, which also include managing their money and planning to make their future financially secure.

To make the matters worse, financial institutions keep on telling us through their glitzy advertisement campaigns that financial issues are too complex to handle on our own and they are always there to help us out of this messy world of money matters. But, there is nothing like a free lunch and all those helping hands also reach out to out pockets to withdraw a hefty price.


However, the things are not as much complex as they have been made out to be and people can comfortably manage their financial matters by following some simple and basic strategies. While, most of the people can easily manage their money books on their own, the select few in the higher income bracket can seek out the professional help, but at minimum possible costs. Here are some of the simple and effective strategies that might help out those busy people to get unscathed through the March fever.

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