Kitaab Keeda

     Financial Literacy is very important in your life and if you become financially literate and learn how to handle money, then maybe you won’t have problems in your life and you will know how to use money properly, your life will become easier, and you will reach one step closer to becoming rich. Personal finance is a vast field and can seem a little intimidating at first sight. There are many big words like risk, returns, and Mutual Funds. What actually are these? If you start in your 20s, then you can get many advantages. Today we will talk about 4 things that can make you richer in life. In this article, we will discuss 4 such ideas that you can implement in your life to make you more comfortable in the future, and increase your cash flow. Savings So now we’ll talk about savings. Everyone knows about savings, that we need to save money. But how do we do this? Most people call this the 50-30-20 rule, where you invest 50% of your inco...

  You must’ve heard about Cryptocurrency. How people earned lakhs by investing just some amount of money. But what is ‘Cryptocurrency’? And why are people so excited about it? Should you invest in Cryptocurrency? So, before investing let’s understand what exactly is Cryptocurrency and some facts which will help you in investing. What is Cryptocurrency? Cryptocurrency is ‘Digital’ and ‘Decentralized’ currency so it exists only in electronic form. We can store it in our computer’s hard drive or the wallet on your internet. The Central Bank controls the currencies of other countries. The Central Bank decides how much money should be printed. But Cryptocurrencies don’t have any regulators. All other Cryptocurrencies other than Bitcoin are known as Alt Coins. In 2021, as of today, over 9000 Cryptocurrencies are present all over the world. Who made Cryptocurrency? Actually no one knows. The credit of inventing Bitcoin and Cryptocurrency goes to a person named ‘Satoshi Nakamoto’ ...

     You all might have read my blog on the book rich dad poor dad which has taught us basic financial concepts and the secret of getting rich. If you haven’t done it yet follow this link and read it first. As Samuel Johnson has said, “A little knowledge is a dangerous thing, it only hastens fools to rush in where angels fear to tread”. So here’s me with another blog that will boost your financial knowledge and help you in managing your money. The key points that I am sharing with you are from the book Richest Man in Babylon written by George S. Clason. This book is considered a classic that anybody should read, regardless of their profession. Although the concepts presented in the book are rather simple, there are 3 Money Lessons from The Richest Man in Babylon that we can all take home. These lessons are fundamental. They might not make you a billionaire but, they do have the potential to improve your life. 1.      Pay Yourself First: The f...

     I was completely bored at home due to lock-down so I decided to read a book. In my whole life this was the first time when I decided to read a book other than academics related books. So I searched for ‘which book should I read?’ on Google, YouTube and various other platforms to start my journey of reading. And I started this journey with well-known book called ‘Rich Dad Poor Dad’ by Robert T. Kiyosaki and tried to summarize it all.      Robert was having two fathers. Oops… Don’t take it in wrong way. One was his real father and other was his best friend’s father. His real dad was well educated, well-read while other has never passed 8 th class. Both were smart and hardworking but their mentalities were totally different. Both were teaching different things to Robert. First dad was teaching him that money is root of all evil and was stopping Robert to think about expensive things while according to his other dad lack of money is root of all...