Dear Readers,
In the current scenario, it is necessary for us to stay secure by keeping ourselves healthy, both physically and financially. For your convenience, be have curated a few useful tips to help you get upper-hand, during these challenging times.
In the current scenario, it is necessary for us to stay secure by keeping ourselves healthy, both physically and financially. For your convenience, be have curated a few useful tips to help you get upper-hand, during these challenging times.
The 20s are an exciting time in one’s life. Everything seems possible. One looks forward to enjoying a variety of experiences. However, there could be uncertainties related to health or finances just around the corner. One can deal with these uncertainties by being prepared for them. Let us check out how one can achieve immunity for the protection of health and finances.
Here is how you can attain financial immunity in your 20s
At this point of time in life, you are likely to be at the peak of your health and can work towards maintaining it by making prudent lifestyle choices.
At this point of time in life, you are likely to be at the peak of your health and can work towards maintaining it by making prudent lifestyle choices.
Your food habits define you to a very large extent. You need to give your body the daily dose of proteins, carbohydrates, vitamins, and probiotics.
Drinking Enough Water.
Studies have shown that hydration can fight viruses. Allow water to flush out the unwanted things out of your body and drink eight glasses a day. Water aids your body to develop a robust immune system.
Poor sleep pattern is known to be directly proportional to compromising immunity. So by sleeping well, you are helping your body become more immune to things that you want to keep at bay. Sleep helps in fuelling your brain and body.
Doctors advise that you should get at least 30 minutes of exercise daily. Exercising benefits you in achieving peace of mind, physical confidence, and most importantly tremendous resistance in fighting infections.
You need to follow the above steps and back all uncertainties up with a robust health insurance plan. A good health insurance plan is a savior in unfortunate and unexpected events. The cost of medical expenses is rising with time. In your 20s, you can capitalize on extremely low health insurance costs.
Here is how you can attain financial immunity in your 20s
You may have recently started your career and have several productive years ahead of you to fulfil your goals and dreams. Sound financial planning with desired goal orientation will work wonders in setting a path towards financial immunity.
Start Planning.
Planning is the first step towards financial immunity. Currently, you have the benefit of time. It is highly important that you invest your time in a comprehensive financial planning tool. This will help you in stating your goals and timelines towards them. You can even achieve this with a trusted advisor.
Life insurance translates into peace of mind. Everyone should opt for it because the future is uncertain and anything can happen to anyone. Road accidents do not come with a warning. You need to safeguard yourself from many such unexpected situations. Term insurance is the cheapest in your 20s. It is the best opportunity to invest in term insurance.
In your 20s, you are likely to choose to start saving some salary, instead of spending all of it. You can select monthly investments in life insurance products like endowment policies or mutual funds. If you start saving early, you are sure to experience the eighth wonder of the world, the power of compounding.
In your 20s, you are in your highest risk-taking phase. According to an investment thumb rule, you can consider investing a percentage of your income which is equivalent to 100 minus your age. For example, if you are 25 years old then you can invest 75% of your income. Age is on your side, and hence, so i.
Be it building health or financial immunity, starting early is your biggest advantage. Your choices and habits will play a key role in enabling you to build a strong future.
Please connect me.
Prathamesh Mahadik.
8286969980
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