with a mini. source of income Rs. 20000/- monthly What can I do for future for my and for my family.
I want to buy a house for family
I want to give my two children education of highest level ( at Doctor 's degree)
I want to buy a car for family
I want to invest my saving for increasing income.
How it is possible ?
2006-11-11 22:02:35 · 5 answers · asked by ragu m 1 in Business & Finance ➔ Renting & Real Estate
If you must pay a monthly amount for living in a place, why not pay it into something that is an investment for your future. To just pay rent to a landlord makes him wealthy.
Go to WWW.daveramsey.com
he has a great deal of advise
2006-11-11 22:08:10 · answer #1 · answered by 13 ths LINDA S 2 · 0⤊ 0⤋
Every project in life requires the ability to prioritize. You must decide what has the highest priority. Each person that will be effected by your decision(s) should be included in an initial discussion about what is most important of the things that will effect them. It's ok to do a financial plan where your family is concerned. I strongly suggest you speak to a financial consultant first.
2006-11-12 06:19:43 · answer #2 · answered by CE-Coach 1 · 0⤊ 0⤋
Increase your income and start investing in insurance policies to take care of the education, purchase a house through a loan and repay it through another insurance policy and do not go in for a car.
2006-11-12 06:17:40 · answer #3 · answered by cvrk3 4 · 0⤊ 0⤋
study of ur children must be first priority coz if they will become good they will buy many more houses for you
2006-11-12 06:15:43 · answer #4 · answered by puneet29_12 1 · 0⤊ 0⤋
start with the house,the rest will come in due time
2006-11-12 06:13:11 · answer #5 · answered by asso 4 · 0⤊ 0⤋