Showing posts with label Money Management. Show all posts
Showing posts with label Money Management. Show all posts

50 lakh pe 10% annual interest pe per month kitna milega

 Agar aap ₹50 lakh (50,00,000) ko 10% annual interest rate par invest karte hain, toh per month aapko kitna milega, yeh nikalne ke liye:

Formula:

Monthly Interest = (Principal × Annual Interest Rate) / 12

Calculation:

  • Principal = ₹50,00,000

  • Annual Interest Rate = 10% = 0.10

  • Monthly Interest = (50,00,000 × 0.10) / 12

  • Monthly Interest = ₹5,00,000 / 12

  • Monthly Income = ₹41,666.67 (approx)

✅ Final Answer:

₹41,666 per month milenge agar aap ₹50 lakh ko 10% annual interest pe invest karein.

Agar aap chahen toh bata sakta hoon kaunse investments 10% tak ka safe return de sakte hain (jaise corporate bonds, mutual funds, etc.).

3 No-Cost Business Ideas to Launch Today

Welcome to read this article because you may looking for:

"3 Zero-Cost Business Ideas to Get You Started"
"3 Business Ideas You Can Start with No Investment"
"3 No-Cost Business Ideas to Launch Today"

How to solve a question of starting a business? 

A business needs investments. 

I know you heard this statement many times whenever you discuss with anyone to start a business. 

Everyone is not a rich person. 

Starting a business is not a tough task for a person who is rich with money or have enough resources to finance a business. 

However, your potential costumers, business risk, the ratio of benefit with investment and many other factors must be thoroughly studied and analysed for success of any business plan.  

We are going to discuss 3 business options which can be started without any investment. 

1. Data Entry Business  

I know many people are searching such jobs including me to earn some extra money after doing our regular job every day.

Mostly we are interested to do from home because a home-based-job can be done remotely from anywhere at any time or during a time scheduled by the employer.   

I do home-based-job but I do occasionally and I am looking to make it one of my permanent earning source.  

Few days ago, I published one article on this website about Amazon Mechanical Turk which provide access a global, on-demand, 24x7 workforce. 

You can read this article by clicking following link:

Discover Online Earning Methods!

Explore Home Based Jobs

You can become such workforce by joining Amazon Mechanical Turk program. 

You have to fill online application form of this platform and submit it for Amazon hiring team's consideration. 

If they accept your application, you become a participant. 

Moreover, when I applied from Spain, they rejected my application.

They rejected the application of my Spanish friend also. 

Do they accept only participants from USA? 

This is a question for investigation. 

We will do this investigation someday. 

Many companies put their demands for data entry workers and they can hire you for tasks. 

The tasks could be; 

1. You participate for data entry from orders of consumers, and data generated for to supply of products from manufacturers to consumers. 

2. Initial customer care support for 24 hours 7 days by connecting to online customer care platform from home. If the problem is not solved, you can forward the case to technical department to handle it. 

3. Survey for response from consumers about a product. 


Amazon also needs a workforce for its own business. 

Many others such as scientists need a specific population of people which fullfill their criteria or requirements of study for investigation. 

They pay for having access of the contacts of such population or participants and may be you will be interviewed and will receive more money. 

I know one which pays $ 50-250 for interview with medical doctors. 

You can contact me to know more about it. 

There are several other such platforms which you can find reading my article: 

Discover Online Earning Methods!

Now question is: Why not you provide such workforce by negotiating with companies. 

You can launch today such business at zero cost.

I know one of my nephews provide a workforce of labours to manufactures. 

He earns enough money only using this approach. 

There is Zero-Cost for him. 

Similar you can do online but you have to negotiate with several stakeholders for 

A. Creating a database of workers and identifying what they can do. 

B. Negotiating with manufacturers, retailers, shopping stores, consumers etc what you service you can provide them. 

2. B2B, B2C, C2C and C2B Networking 

B is for business and C is for consumer. 

B2B refers business to business. 

B2C refers business to consumer. 

C2C refers consumer to consumer. 

C2B refers consumer to business. 

Now you have to think which role is best and fit for you. 

B to C marketing 

A vegetable store is a good example of business to consumer, B2C, marketing, where the store owner sells vegetables directly to the consumers with no mediator involved.

Yesterday I visited one neighbouring Thelawala (a street vender of fruits) to purchase mango because this is the season of eating varities of mangoes. 

Everyday I purchase from him 15 mangoes (4 kilogram) for my 11 family members. 

First 2-3 days he sold me Rs 70 per kilogram mango which is much lesser than the price in Spain where I pay 2-3 Euro (Rs 90) per mango. 

2-3 days I did not buy mango. 

Then again I visited his shop and this time he sold me Rs 100 per kilo mango. 

I asked him earlier you sold me Rs 70 per kilogram mango and now why you are selling me at Rs 100 per kilogram. 

He explained me then the reason of this hike in the price. 

He as a vender bought the mango in Rs 80 per kilo from stocks (Sabjimandi), he included in the cost Rs 5 was as a transportation etc charge, then Rs 15 as a margin or benefit for him on the sell of each kilogram of mango. 

Earlier he was buying mangoes from stocks at a rate of Rs 60 per kilogram. 

This local street business is a good example of B2C networking where a price hike at any step of a product supply chain has an impact on the final price of the product and of course, on the pocket of the consumer. 

Watch video of this street walk adventure 
Why not you become a part of this supply chain? 

You can do it by: 

A. Identify potential consumers
B. Distribute your phone number 
C. Recieve their orders
D. Supply the products

At beginning it will be tough to receive orders from consumers but as soon as you generate a trust among consumers regarding product quality, price and supply time, you start to receive frequently orders from consumers. 

Important is to give a personal touch to each consumer. In other words, you have to give a feeling that you care your consumer. 

You have to make a call your consumers time to time asking about orders.

This business you can start at Zero-Cost by creating a good networking. 

Customer to customer marketing 

C to C marketing means a customer selling product owned or made by oneself to a person.

For example; a person selling his old electronic accessories , footwears, etc. to another person on internet or offline.

My nephew told me one of his friends recently sold his old MiA1 on Cashify app where he uploaded several photos of his mobile phone and all the information related to it, specially mentioned about its working condition. 

Then, based on the period he used his phone and its working condition, Cashify offered him a deal with a suitable amount in which phone can be sold in. 

He agreed with the offered deal and submitted his request to sell the mobile phone. 

After a day he got a call from someone who wanted to buy his phone. 

They, both consumers, met to negotiate a bit to lower the price. 

But, after watching the phone's good condition, the buyer agreed to purchase the mobile phone. 

My nephew's friend sold his old MiA1 for Rs 6,000.

This business is done customer to customer, however a business platform facilitate to sell the product. 

Why not you start to sell such 2nd hand products. 

You donot have time, you can send the product to my nephew, he can do for you but he will charge for his service. 

Many business concepts based on networking are identified and developed. 

I am sure many of them you already come to know due to networking agents who dedicate their full energy to visit your place or meet with you somewhere to convince you to become the part of their network.

Because they grow with as many as they have members under their network line. 

I am going to discuss a networking business in which one of my friends is involved.

His main professional line is practicing medicine because he is a medical doctor with specialization in anesthesia. 

It is very clear from beginning that you must have a permanent job and sidewise you can involve yourself in networking business for earning some extra money. 



3. Buy-Sell products 



Best Long-Term Mutual Funds

Securing our life, at least economically, is very important. 

Every one thinks about Economy of House, Health, Kids, Future etc. 

Few are engaged from early period, at the age of 30-35 years, in making a plan to secure life economically, but many do very late at the age of 50-55 years.

Of course, it depends each one's situation & available resources. 
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Pension on retirement from work is still available in many countries which provides enough tranquility from making a plan for future. 
 
But many countries now do not have pension scheme. 

People have to look their own the adequate ways of investment for future including investing in any pension plan. 

India has no pension plan for employees. 

I, like others, am also worried to make my future safe at least economically. 
 
This year I did consultation with a person who is involved in executing such task. 

This person calls himself as a "Financial Doctor". 
 
We know medical doctors are for health related issues. 

Good! So I consulted with a financial doctor on the issue of investment for securing my life for future economically. 

Hope! You have heard about Mutual Funds. You many know Bank Fixed Deposit (FD). 

What is difference between these Mutual Funds & Bank FD? 

In Mutual Funds, you invest your money in plans which is totally market based. 
 
We can say "Share Market". 

You invested money in Mutual Funds can increase or decrease depending upon ups and downs of the Market. 
 
There is a risk.

Nevertheless, depending on the plans, these financial doctors take decision to take out at a very right time your investment from the market when it is going down to avoid your loss. 

There is a risk in Mutual Funds but you will get better return. 

My financial doctor informed me that the return will be in the range of 10% to 25%. 

Only in an unfortunate case we will lose our investment of Mutual Funds. 

Bank FD provides you 5% to 8% interest on your money which you deposit in your bank for 1 to 5 years or more. 

There is no risk for you in Bank FD. 
 
Your money is secure but you receive less benefits. 

What does bank do with your FD money? 

Bank will invest in plans such as mutual funds and earns money.

Suppose, your bank invests your money in the market & earns 15% as a return benefit. 
 
Your FD is on 5% interest, so you will receive only 5% from this 15% earning which your bank will receive on investing your money in the market. 
 
Bank will keep 10% earnings. 

Invested money is yours but bank will keep 10% without investing any money from its own pocket. 
 
Very clever!!!!

I hope now you understand the difference between mutual funds & bank FD. 

I suggest you to invest first in Bank FD to be in safer side. 

Now, if you have some extra money, then it is recommended to look for mutual funds investment. 

Let's go to discover what I did this year. 
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I asked my financial doctor to look for plans in which I can invest 1000 to 10000 amounts each month. 
 
After 5 years I can receive same amounts as return benefits for whole life. I could say it is like a "Pension plan". 

My financial doctor comes with one 7 years plan which can provide me same amounts as returns from 8th year of investment for whole life. 
 
This will be amounts of 1000 and 10000 for whole life. 

If I invest only for 5 years, then it will be only 600 & 6000. 

Important is that my total invested money of 5 or 7 years will be as such which I can ask for anytime or after my death, my family members can receive it if any time it is decided to stop to receiving amount of 600 and 6000. 

May be we need any time a big amount of money to deal with any unfortunate situation. 
 
Who knows about future!!!!

I think investment in mutual funds, specially in such plans, are the best. 

If you are interested to invest in mutual funds, I can connect you with my financial doctor. 

Of course, I will take you as one of my friends and handle everything as I do with my own investment.  
 
Trust is a priceless gem than anything else, & that I will never prefer to loose.  

Now how you can contact me? Very easy!!! Write me an email. Or use facebook, linkedin, instagram, youtube or any other way to contact me.

I need now coffee  Please buy me a coffee. 

Subscribe & read my next article 
 

Should We have to Buy Private Insurance Policy

We are progressing. 

We have more facilities now which make our life more comfortable.

But it is also true that we live in a very competetive environment.

We feel stress from job, family, society and health. 
 
In present environment most of thing are insecure. 

We donot know what is going to happen in a moment. 
 
We may find ourself helpless. 

Nevertheless, purchase of an insurance policy can support us to get rid of insecurity in few cases.

For example; health is an important issue for having good, healthy and enjoyfull life. 
 
Most of us visit our medical doctors time to time for one or another issue. 

But, sometimes, we reach in a condition when we are unable to afford medical expenses. 
 
This is the time when insurance policy may support us. 

We pay tax. 
 
Our public social security system uses the tax money to provide medical facilities and cover most of our medical expensenses.

Few are not cover which need private insurance. 
 
Public insurance does not cover dental heath care. 
 
We have to buy insurance for it. 

Similarly, when we become jobless, then we can take the benefits of private insurance which we have bought during job period.

Private insurance also cover pension after retirement. 
 
May be we are unable to get benefit of public pension system. 

There are many benefits of purchasing private insurance. 
 
Visit the insurance policy which you see on this page. 
 
May be you find suitable for you. 

Of course! We have to be very careful in selecting an insurance company and insurance policy.

Big insurance company with annual turnover of millions dollors prefer to retain client trust. 

We have to read and discuss insurance policy thoroughly before purchase. 
 
Because many of insurance companie take the advantage of doubtful terms and conditions to avaid the payment when we need support. 

Few days ago, one person inform us that his friend bought a health policy from a insurance company. 
 
The person was paying annual fee every year.

The person faced serious illness one year. 
 
Whole earnings was spent in covering hospital and treatment expendeture. 
 
Later on all the hospital and medicine bills were sent to insurance company for reimburse. 

In few days the insurance company notified him for cancelation of his purchased policy and returning his money which he paid as an annual fee. 

Annual fee is a very small amount of money in comparision to amounts of bills. 
 
What do you say? 
 
What can you do in this case?
 
Hence, we should be very careful with private insurance providers. 

Do you have any private insurance company or you are a provider, you can contact us for displaying your offers on this page. 
 
Of course! You have to provide some discounts to our visitors.

"HipoTeca" "Mortgage" Home Loan in Spain

Hipoteca 

Spanish people call 'Hipoteca' to home loan. https://www.latestfoto.com/p/sp.html?m=1

Hipoteca is very popular in Spain and most people have atleast one hipoteca. 
 
I also have one. 
 
I am going to call it home loan from now. 

In Spain people take loans from banks frequently for paying purchase, travel, beauty and for covering many other costs. 
 
Then they pay their bank loans during whole life. 

Spanish banks provide easily loans. 
 
They ask you for your 6 month salary slips (Nomina) and endorsements (avals). 

In case of the homeloan, Spanish banks ask you to sign on a legal document prepared taking your purchased flat or home as an endorsement. 

In case you fail to pay loan, the loaning bank will take over your flat. 
 
As much as I know the bank can take this action if you fail to pay 3 home loan instalments. 
 
However, you can negotiate with them to get more time for payment telling your actual situation. 

The banks in Spain offer you to contract them for other services such as direct deposit of your salary in their bank from your employer, home insurance, life insurance, pension plans, credit card and many other services. 

Depending on the negociation and as a consequence contracted services, the bank can modify the loan interest rate and can offer high interest on your saving account. 

There are two types of bank loan interest. 

One is on fixed rate i.e. bank will charge same interest rate always independent of european economic situation. 
 
Suppose european economy is down resulting euro rate falls down. 
 
But bank will charge same interest rate that is fixed on your negotiation with bank for terms and conditions of the loan. 
 
In this case interest rate will be always high starting from minimun 2%. 

Homeloan instalment amount = Fixed amount + fixed interest rate negotiated with bank. 

Loan money to pay per month = 1000 euro + 3% of amount. 

Other one depends on the rate of Euribore that is related to european economic situation. 
 
When economic is good, Euribore rate will be high and as a consequence you have to pay more interest rate. 
 
Besides you have to pay interest rate. 
 
Interest rate is normally under 2% on first year of loan. Second year loan interest is normally 0.99%. 

Homeloan instalment amount = Fixed amount + flexible interest rate (interest rate + Euribore rate)

Loan money to pay per month = 1000 euro + (0.99 + Eurobore rate)% of amount. 

Euribore rate is published everyday in european newspaper. Since there is economic crisis at global level, therefore Euribore rate is in negative from many years. 
 
However, it has been agreed legally that Euribore rate will be set at zero in case of bank loan although real Euribore rate decreases and reaches in negative from zero. 
 
Similarly it has been set the higher level of Euribore rate. 
 
As much as I remember it is 5%. 
 
The bank can not ask more than 5% although Euribore rate increases and reaches more than 5% when european economy is good. 

Most of people look for flexible homeloan interest because economy experts have already reported low rates of Euribore for many years. 
 
Currently Euribore rate is set zero for bank home loan. 
 
Do you agree with it? 
 
You can write your comment in comment section. 

For understanding well about Hipoteca or home loan or obtaining loans from any spanish bank, it is recommended to read a home loan guide: https://www.latestfoto.com/p/sp.html?m=1


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