NPS is Misunderstood The National Pension System (NPS) is often misunderstood. Unlike other investment vehicles, NPS is specifically designed for retirement planning . Every feature of this product is geared toward long-term investing , making it fundamentally different from conventional investment options. Financial security is a basic human need. For those earning a salaried income, receiving a monthly paycheck provides a sense of stability. Naturally, we want to maintain the same sense of security even after retirement. One of the best ways to generate a steady post-retirement income is through an annuity . An annuity works by investing a lump sum amount, which then provides a fixed income at predefined intervals — in this case, monthly payments. Importance of Annuities Scientific research has proven that humans are not biologically wired to make complex decisions repeatedly. Our brains tend to rely on shortcuts, which can often lead to poor decision-making . Emotions like f...
If you want to obtain everything that you dream of, you have ask for it and work towards it. You can't just sit there and wish that you get it. Life doesn't work that way. Nobody's gonna notice you and offer things to you because you deserve it. No, you must seize it yourself! If you don't ask, the answer is always no The more you ask, the more you get. If you don't ask, you better forget (it). Everything is negotiable There is always a budget There are 2 types of people in this world - obtainers and complainers.