Are child insurance plans worth buying? (QandA : 009)

Question : 009
Are child insurance plans worth buying?
New parents are often overdrawn towards life insurance towards their angel who has probably just arrived on this planet. But is their any merit in buying an insurance plan for a child?

5 Financial Fallacies We Follow - Article in CWB magazine - by yours truly..

Complete Well Being is the world's leading magazine on living with awareness. You can visit them here. They published this article on most common financial fallacies in their most recent July 2014 edition, and it did attract some rave reviews.

This article had a dedicated 4 page section in the magazine. 

You can read the complete article by clicking here.

And one of the first reviews for the article is as below:

'Financial Fallacies We Follow' by Mr Manoj Arora was an eye-opener. His quote by Albert Einstein that compounding is the eighth wonder of the world, is thought-provoking. Likewise, his advice to track the monthly expenses is invaluable and easy to follow. Though I had left this habit, Mr Arora motivates me to start again and cultivate financial discipline. 

I was pleasantly surprised to learn that '20 percent of money saved is equivalent to 100 percent of more money earned'.

~ Anuradha, Kochi.

Related Posts:

• Author voted as Newsana's top new member
• 5 Simple Questions of Life you must answer
• See what people say when they move from the rat race to financial freedom
• Learn how to pursue Financial Freedom
• Honored as Financial Wizard by The Economic Times
• Read what readers of the book have been saying.

Cheers

Manoj Arora

Freedom can buy you....what money cannot !!

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What is the most critical factor to select a life insurance company?

Question : 007
What is the most critical factor to select a life insurance company?
Irrespective of whether you have shortlisted on a term insurance plan or a whole life insurance policy depending on your need, the next most critical question is to select the insurance company you can trust.

Meet another Freedom Seeker : Amit and Prerna Rai from California, USA

Last time, we met a Consulting Manager from Accenture, USA : Mr. Rajesh Arora who is on the journey towards financial freedom now. The response to these posts has been overwhelming. You can read more about his journey and experience till now by clicking here.

In continuation with our effort to interlock you with some common men and women who have been seeking financial freedom, today, it is a chance to meet a young couple - Amit and Prerna Rai, both Managers at a global IT company in California, USA.

What are the best Mutual Funds i can invest in? (QandA : 006)

Question 006
What are the best Mutual Funds you can invest in?
Considering that the Indian market is now stable and upward looking, what are the best mutual funds i can invest in, for the next 5 years?