Sanriya blog

Plain-spoken notes on money.

Everything we have written since the practice began: how the instruments work, what the forms mean, and the habits that make a plan hold. Newest first.

352 articles · page 14 of 30

Investing basics
The comparison game might be risky. The pressure to live up to others’ progress in comparison to our own might make us feel inferior or distract us from our own ambitions.
Engaging in the comparison game can be a bit like walking on a tightrope, and it’s a risky game to play. This game involves measuring our own progress against that of others, and it can have some…
18 Dec 2023 · 2 min read
Money habits
This is your sign to start saving money every month!
Saving money is a smart and important thing to do. It’s like a sign telling you to begin saving right now! You might wonder, “Why should I save money?” Well, the answer is simple: saving can help…
18 Dec 2023 · 2 min read
Investing basics
Sanriya aims to be available to help clients in making informed decisions by defining their objectives, accumulating more money, paying off their loans, correctly exercising stock options, considering all sides of an issue before making a move.
Sanriya’s main goal is to assist people in making smart choices. They want to help clients make decisions that are well-informed, which means they have all the information they need before they…
18 Dec 2023 · 2 min read
Investing basics
Fun Fact: Anil Ambani once had more wealth than Mukesh Ambani, his older sibling. However, this was about 16 years ago.
Certainly! Let’s break down this interesting fact about Anil Ambani and Mukesh Ambani in simple terms. Around 16 years ago, Anil Ambani had more money than his elder brother, Mukesh Ambani. This…
18 Dec 2023 · 2 min read
Investing basics
We all struggle to treat our money with a fair amount of respect. In the end, it has more to do with how you manage money than how much you make.
Managing money wisely is something many of us find challenging. It’s not just about how much money you earn, but also about how you handle it. Think of it as a skill you can get better at over time…
18 Dec 2023 · 2 min read
Investing basics
The hardest aspect of investing is starting.
Investing can seem intimidating, but the hardest part is often just getting started. To begin investing, you need some money set aside, even if it’s just a small amount. The key to building wealth…
15 Dec 2023 · 2 min read
Investing basics
Contrary to popular belief, there is no “right age” to start investing.
Investing might sound like something only grown-ups do, but the truth is, there’s no special age when you have to start. You don’t have to wait until you’re older or more experienced. In fact, the…
15 Dec 2023 · 2 min read
Retirement
Your financial forecast is incomplete without retirement planning.
Retirement planning is like making sure you have enough money to live a good life when you stop working. It’s super important because people are living longer these days. When you retire, you don’t…
15 Dec 2023 · 2 min read
Retirement
Most people associate having a sizable savings account, a strong investment portfolio, and a sizable retirement fund with being financially well-off. However, having enough money to manage your monthly needs comfortably.
Financial well-being means having enough money to cover your regular expenses, saving for the future, and feeling confident about your finances. It’s not just about being super rich with lots of…
15 Dec 2023 · 2 min read
Investing basics
The right path to financial success looks different for everyone.
Achieving financial success is a journey that varies from person to person. There isn’t a one-size-fits-all approach because everyone has different goals, needs, challenges, and opportunities. It’s…
15 Dec 2023 · 2 min read
Investing basics
Security Printing and Minting Corporation of India Ltd. (SPMCIL) produces coins at four mints in India: Mumbai, Kolkata, Hyderabad, and Noida. Every coin will include a distinctive mark designating the location of its mint. For instance, coins that don’t have a sign below the date were likely produced in Kolkata. If coins include a diamond symbol, a letter “B” or a letter “M” below the year, that indicates that they were produced at the Mumbai Mint. A star, split diamond, or dot in a diamond below the year indicates that a coin was struck in Hyderabad. Coins that contain round dots beneath the year have been produced at the Noida Mint.
The Security Printing and Minting Corporation of India Ltd. (SPMCIL) is responsible for producing coins in India, operating in four different mints located in Mumbai, Kolkata, Hyderabad, and Noida…
15 Dec 2023 · 1 min read
Investing basics
Insurance is not an investment, despite the misconceptions of many people. Simply put, insurance is a risk management strategy. A pure term insurance plan offers the policyholder no benefits whatsoever, both during the life of the policy and after it expires. However, in the event of an untimely death, the candidates receive the death benefit. Insurance is not meant to make you wealthy while you are still living, but rather to protect your loved ones from poverty after your passing. Simply said, investing in financial products is done with the hope of making money after taking into account the investor’s financial objectives, risk tolerance, and expected return. As with various fixed income investments, one can keep onto the investment and take advantage of periodic returns, if applicable.
Insurance vs. Investment Let’s clarify a common misconception: insurance isn’t an investment. It’s a tool for risk management. Specifically, a pure term insurance plan provides no benefits during…
14 Dec 2023 · 1 min read