Handling finances is never an easy game. When it comes to many, we are often bombarded with advice that instructs us to save for the future at the cost of our present. However, Edelweiss Mutual Fund MD & CEO Radhika Gupta does not think so. She offers financial advice that is all about smart saving that still allows you to enjoy the present and live comfortably. Read on to know 8 financial advices from Radhika Gupta that you need to follow now!
Save, Don’t Struggle
Radhika Gupta says that to be financially responsible, you don’t have to save every last rupee that you have. She reminds us that saving money should never feel like a punishment; it should be empowering, not restrictive.
SIPs And A Little Splurging Can Coexist
As someone who sells SIPs for a living, Radhika Gupta tells us that not everything is about it. Sometimes it is okay to spend money on mundane things that bring you joy, like a morning coffee or a weekend getaway.
Money Should Serve You
Radhika says never let financial planning take over your joy. Investing money is just a tool, not a way of life. The goal for saving is to build a fulfilling life, not grow your bank balance.
Live in the Now
Radhika Gupta says young earners these days live under the constant pressure of building a perfect future. However, she urges them to honour the present too, according to Gupta, future matters, but so does living in the present.
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Joy Is Real Wealth
Radhika emphasises happiness. The Edelweiss CEO says that true wealth comes from the joy and freedom that you can extract from money. She encourages spending on things that make you feel happy, and aside from rent, groceries and SIPs, you should also budget money for fun!
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