With Ganesh Chaturthi around the corner, devotees pray to the most benevolent of all gods, Lord Ganesha, to usher in prosperity, wealth, abundance and peace in their lives. On the occasion of Ganesh Chaturthi, the god is invoked to resolve all troubles, including financial instability, in the lives of the devotees. Amidst the festivities, one must remember that Lord Ganesha provides us with important lessons to improve and manage our finances, thus ensuring growth and abundance in our lives.
A key to good financial planning is learning to manage your funds. At times, because of certain pressing situations like emergencies, you require to avail funds from the market. This calls for a prudent decision on your part. You can apply for a Personal Loan, available on Finserv MARKETS, which offers a personal loan up to Rs 25 lakh along with other benefits like no hidden costs to help you meet all your financial obligations with ease.
Here is a list of five lessons from Lord Ganesha that can aid you in financial planning:
Comprehensive financial planning:
Lord Ganesha’s large head represents intellect and wisdom. This means that the task of financial planning should be undertaken with due diligence. In the beginning, you must clearly identify your three crucial financial goals: short-term, mid-term and long-term. After identifying your financial goals, you must invest in suitable financial instruments to receive the best returns. You must also invest according to your risk appetite. For example, if you are averse to taking market risks, then invest in debt funds. Better still, you can choose a mixed portfolio of debt funds along with equities. The bottom line is comprehensive planning. Lord Ganesha’s large head also inspires you to think out-of-the-box to create better investment opportunities through exhaustive market research. You must not focus solely on short-term goals, and the complete financial planning should also include retirement plans along with a viable mode of wealth creation. While planning your financial goals, you must also keep in mind that loans might be required to meet any emergency expenditure. These can now easily be met through a personal loan on Finserv MARKETS.
Lord Ganesha’s small and sharp eyes symbolises focus and discipline, the two key aspects of financial planning. After zeroing in on a comprehensive financial plan, you must not deviate from your goals. Deviation can also make inroads in the form of overspending and irregular savings. So you must ensure that there is financial discipline to ensure an overall financial growth. This discipline also requires taking the correct decision according to the changes in various market variables. It also involves regular monitoring of your funds and investments, besides not defaulting on any loan repayments.
Be a good listener:
Lord Ganesha’s large ears symbolize the importance of listening, yet another crucial factor for financial planning. You must take a prudent decision after listening and paying attention to financial advice from friends, relatives or financial consultants. You must also be a keen observer of the market dynamics, whereby you can take advantage of certain market situations, or insulate yourself from market risks. If you are a good listener, and take correct decisions based on good financial advice, it will ensure that you have abundant financial resources at your disposal. If you require loans to meet any expenditure, you must always select personal loans with the best terms and conditions. A personal loan on Finserv MARKETS comes with a slew of benefits like flexible repayment tenors, instant approval and a simple eligibility criteria.
Patience in adverse situations:
Lord Ganesha’s large trunk symbolizes the patience one must maintain in adverse situations. You might face situations that could be inimical to your investments. In such scenarios, rather than yielding to despair, you must learn to adapt. You must remember that even if there is a market volatility, which can affect your investments, a calm mindset has to be inculcated. Market volatility is eventually followed by a situation where the market returns back to normalcy. In certain situations, the sudden dip in the market can also bring long-term profits. So patience and a positive attitude in the face of inimical situations is a crucial aspect of financial planning. This also means that you instead of panicking in the case of any financial emergency, you should avail of the best loans available in the market. A personal loan on Finserv MARKETS is collateral-free, which means that you do not have to worry about pledging a collateral.
Lord Ganesha’s tusks symbolizes the mental strength and power you must possess for the right financial planning. You can be inspired to have the requisite mental strength and courage to make the right financial decisions. You also must remain calm in adverse situations, while eliminating negative influences.
If you require funds amidst the festivities of Ganesh Chaturthi, take a wise decision. Personal loans, available on Finserv MARKETS, allow you to avail several options like multiple withdrawals of the loan amount on a need basis, paying personal loan interest rate-only EMI during the initial loan period, and part payment of the principal amount without any hidden charges. Other benefits include flexible repayment facility and online access to keep track of repayment schedules, with minimal documentation and full transparency. There are also pre-approved offers for existing customers.
Also, get to know more about hybrid flexi personal loan on Finserv MARKETS.
Finserv MARKETS, from the house of Bajaj Finserv, is an exclusive online supermarket for all your personal and financial needs. We understand that every individual is different and thus when you plan to achieve your life goals or shop for the gadget of your dreams, we believe in helping you Make it Happen in a few simple clicks. Simple and fast loan application processes, seamless, hassle-free claim-settlements, no cost EMIs, 4 hours product delivery and numerous other benefits. Loans, Insurance, Investment, and an exclusive EMI store, all under one roof – anytime, anywhere!