Management consultant, educator and author Peter Drucker famously said: "If you can't measure it, you can't improve it." This idea resonates strongly in finance and investments. With the rise of digital payments and investment platforms, making and spending money is easier than ever. However, this convenience brings challenges, especially the risk of overspending because digital transactions can feel detached from physical money, often leading to impulsive purchases.
This extends to investments as well. Quick-access platforms allow us to invest in stocks, cryptocurrencies, and even high-risk asset classes with just a few taps. However, the speed of digital investing can lead to unthoughtful decisions.
This brings us to a key principle of financial management: The importance of regularly monitoring and tracking investments and spending, and adjusting our finances to our long-term plans.
Benefits of a single investment platform: A disciplined investment approach can be highly rewarding, especially when managed through a single, consolidated platform that allows you to view all your investments and spending in one place, making it easier to stay on top of your financial health.
هذه القصة مأخوذة من طبعة December 19, 2024 من Mint Ahmedabad.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 19, 2024 من Mint Ahmedabad.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Jaiprakash Associates must be sold as one unit: NCLT
The National Company Law Tribunal (NCLT) has directed that the resolution plans to acquire Jaiprakash Associates through the insolvency process should be invited for the entire company as a going concern and not by dividing its different business verticals.
Fitch Cuts Adani Energy's Outlook
Fitch Ratings cut the outlook on Adani Energy Solutions Ltd to negative on concerns that US investigations could reveal that the group's corporate governance practices are weaker than its expectation.
Market indices flashing red shouldn't stop IPOs
India's stock market correction has slowed share issuance down. Risk-off investor behaviour; however, does not mean value offers will be overlooked. Confident issuers should go ahead
Trump's political coalition could collapse under its contradictions
Divergent world-views may co-exist but people's special agendas make ruptures all but inevitable
Godrej Mulls More Price Hikes for Soaps
Godrej Consumer Products will keep raising prices of its soaps gradually to protect margins amid rising palm oil prices, the consumer goods maker's top boss said on Monday.
Only English please: Trump's order is more than symbolism
It's yet another arrow in the US president's anti-diversity quiver
Investors eye Indian bonds on RBI rate cut
Investors are positioning for a rally in Indian bonds on bets the central bank will go for more interest-rate cuts this year to power the economy.
Cyber fraud losses surge 10-fold in 10 yrs: finance ministry
Indians could lose over ₹1.2 tn due to cyber fraud over the next year
Retail inflation likely eased to 3.9% in Feb
India's retail inflation likely eased further to 3.9% in February from 4.3% in the previous month, driven by a continued decline in food prices, according to a Mint poll of 25 economists.
U.S. Bolsters Position as World's Top Arms Exporter
Trump's Ukraine policy is raising concerns among European nations about future purchases
