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Q: How can saving and investing improve financail well being?
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What are the requirements to be certified as a money saving expert?

There are no official requirements. Simply being successful in saving one's own money can qualify one as a money saving expert. However, accountants and those who passed an exam as a "Certified Financial Planner" are more in line with the common use of the term.


What does parting with money mean?

It means not keeping or saving your money; whether you're not spending your money wisely, being wasteful or irresponsible with money, etc. It can also mean having to spend your money on bills and other financial obligations. In either case, it is 'parting with your money'.


What is NFO in mutual fund?

NFO mutual fund is a fund which has come out for subscription for the first time. Most of the people think investing in NFO means higher returns but unfortunately the reality is far from this. By investing in a new fund offer you are at risk as you have no idea of how the fund will perform. Also if the fund is being launched by a new AMC, risk is even higher as there is no track record of the performance of the AMC as well.


What are the advantages and disadvantages of being a financial manager?

The advantages of being a financial manager is that this is a profitable and rewarding career. You can help people improve their lives and finances. The negative parts of being a financial manager is that you can be blamed for things that are outside of your control and lose people's money which negatively affects their lives.


What are the characteristics of variable life insurance?

Variable life insurance is a form of life insurance which protects the beneficiary upon death. The main advantage to this type of life insurance is that this insurance allows for many investing opportunities whilst the earnings being tax free.

Related questions

How can you invest?

The first step in Investing is being able to save a chunk of money. Then you want to decide what your investing in.


What actions may help Africans meet some of these challenges?

Investing in education and job training programs to improve skills and employability, promoting sustainable economic development through entrepreneurship and innovation, and strengthening healthcare systems to address health disparities and improve well-being.


Is Microsoft word stores data without being asked for saving?

yes it can store data without being asking for saving


How did being gay improve your life?

Being gay can't improve life, but neither can being straight. Sexual orientation is neutral.


How petrol is obtained?

saving petrol and being able to obtain it as in save and not use it alot. saving petrol and being able to obtain it as in save and not use it alot.


Best saving schemes in India?

ELSS Funds = Tax Saving + High ReturnsBest tax saving mutual funds to invest in 2018 are here just to mention a few areAditya Birla Sun Life Tax Relief 96Tata India Tax Savings FundKotak Tax SaverAxis Long Term Equity FundDSP BlackRock Tax Saver FundAll of these are ELSS (Equity-Linked Savings Schemes) and right off the bat, you can save Rs.1,50,000 from being taxed by investing in them.


What is being done to protect the key deer?

They are being helped by not hunting them and saving the population.


What is financial fitness?

Financial fitness refers to having a strong and healthy financial situation. It involves managing money effectively, budgeting, saving and investing wisely, and reducing debt. Being financially fit means having control over one's finances and being on track towards achieving financial goals.


How can you improve your relation with customers?

u can improve your relation to your customers by being loyal to them


Who is saving the rainforest?

In a way we are if we are..... recycling being more green


How can a secretary improve on his or her personality trait by being initiative?

you can improve by listening and good communication


What is a sentence using the word resolute?

The aged solider was at first resolute to retire but then realized that his country still needed him. I was resolute about not borrowing the money to buy a car, but saving enough to pay for it. Being resolute in doing your homework will help to improve your grades.