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Posts by Mega Financial Services

Home » Articles Posted by Mega Financial Services (Page 9)
You’ve arrived but your luggage hasn’t? Here’s what you should do immediately
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01 Jun
Insurances Planning

You’ve Arrived but Your Luggage Hasn’t? Here’s What You Should Do Immediately

  • August 13, 2019
  • Posted by Mega Financial Services
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This is the vacation season and we wish that you don’t face any adverse situation but still we need to be ready and I wish that this article will help you.

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The ongoing churn in Indian capitalism and the Sensex
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01 Jun
Financial Planning

The Ongoing Churn in Indian Capitalism and The Sensex

  • March 5, 2020
  • Posted by Mega Financial Services
  • Direct Equity, Financial Planning, Mutual Fund
Topics: Plain Facts Sensex Equity market The Indian equity market was in the midst of turmoil a hundred years ago, as the speculative boom after the end of...

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Money lessons from Warren Buffett and Charlie Munger
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01 Jun
Financial Planning

Money Lessons From Warren Buffett and Charlie Munger

  • March 5, 2020
  • Posted by Mega Financial Services
  • Financial Planning
Last week, the annual shareholders’ meet AGM in Indian parlance of Warren Buffett’s Berkshire Hathaway took place, as it does every year, in the city where the grand old man of investing...

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Identifying the Risk you should take with your investments
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01 Jun
Financial Planning

Identifying The Risk You Should Take with Your Investments

  • March 5, 2020
  • Posted by Mega Financial Services
  • Financial Planning
The Kapoor’s are young architects who have been saving for various goals for the past few years. However, they have ended up parking all their money in bank deposits because they could...

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5 lessons to learn from your financial mistakes
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01 Jun
Financial Planning

5 Lessons to Learn From Your Financial Mistakes

  • March 5, 2020
  • Posted by Mega Financial Services
  • Financial Planning
We mostly struggle with regret. In personal finance, we make several decisions about earning, saving and investing. Assuming 30 years of working and 20 years of retired life, we make money decisions...

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10 Money Lessons to Learn from the Game of Cricket
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21 May
Financial Planning

10 Money Lessons to Learn from the Game of Cricket

  • March 5, 2020
  • Posted by Mega Financial Services
  • Financial Planning
You would be surprised to know that this age-old sport consists of rules and features which can be used as analogies to learn parallel lessons in the world of personal finance. Here are some...

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When you think of productivity at work, do you think of caffeine or nicotine? Or is it about a To-Do checklist on a notepad or a great new productivity app on your smartphone? Any one or some of these may work for you in your never-ending quest to get more stuff done in lesser time. But let’s look at the magic rituals and habits of the super achievers and highly productive people to find a better path to achievement than simply another cup of coffee. 1. Checklist Five If you are a checklist fan and find it useful and satisfying to tick off tasks from a list, then add a couple of rules to your process. Firstly, never multitask. Do one thing at a time and take it to completion before starting the next. Your day gets done faster and with lesser energy and stress. Secondly and more importantly, your checklist for the day cannot be longer than five items. Only when you force yourself to prune down tasks do you really focus on the critical three to five things that can make your day insanely productive. 2. 20% everywhere Before you start a project, implement the 80-20 rule. Only 20% of the effort, time or tasks within a project will yield 80% of the output you desire. Spend a few minutes to identify that critical 20% and ruthlessly focus only on that. The rest you can eliminate, forget, delegate or automate. For example, your 20% contribution to a project can come from putting the right team together and giving them the right mission and motivation. The rest 80% will get done without you. 3. Start with self What part of the day are you focused on yourself, your growth, energy levels and peace of mind? Most highly productive and successful people spend the first part of the day on themselves. The daily habit of an early morning combined with physical exercise, quiet time, reading/ learning and a leisurely breakfast gives enough time to invest in yourself, charge up and plan, before the day picks up steam. This is the best productivity investment in the long term. 4. Go big, go deep As a high achiever, start your day with the most challenging project or toughest task. Take out time to go deep and make big strides before other distractions intrude into your day. Since your energy level and focus are at a high, your big stuff gets completed in lesser time and the sense of achievement then drives your energy through the rest of your day. 5. Block In, block Out Like the Karate Kid, productive people are excellent in blocking. When you are working, block out time wasters and distractors like a ringing phone, notifications and even sudden thoughts. If you are reminded of something else to do, write it down in a distraction list and return to your task. Similarly, block yourself in so that it is difficult for people to find or access you before you complete the task you have set your mind to. Blocking is your new productivity multiplier habit. 6. Work small, work slots Efficient people aren’t scared by huge unpleasant projects. Divvy up the big challenge into extremely small tasks. Start with any one of the tasks immediately. Set aside 25-minute time slots to focus continuously on any one task at hand, also known as the Pomodoro technique. Doing so builds up momentum and keeps you going through challenging goals even when motivation is low. 7. Take breaks, get bored How often are you bored during the day? If you don’t find the time to be bored, then you will not generate creative solutions for work and productivity. Take breaks often, both scheduled and unscheduled. Get up from your seat and take a 5-minute walk in the office corridor. Or, grab a coffee break with a colleague. Come back recharged and with fresh ideas. 8. More automation Though you may not be a fan of the habit of Steve Jobs and Mark Zuckerberg to never change their daily wardrobe, there is huge merit in automating your life and reducing the number of micro-decisions you need to take. Automate your bill payments, daily chores, meeting processes and delegate your decision frameworks. Free up your energy and bandwidth for the things that only you can do or what really moves the needle for you. 9. Reduce communication As a professional, it is easy to fall into the communication trap where you are busy attending meetings and responding to emails through the day and yet achieving little by way of productivity. Reduce operational communication to twice a day. Slot all your regular meetings in one slot during the day and have at the most two slots for going through emails and responding to them. The rest then becomes your productive time. 10. Manage energy, say no Energy management is more important than time management. The best way to stay on top of your energy levels is to figure out routines and habits for sleep, food and exercise and to say “No” to distractors that break habits or drain energy. Adequate sleep and right food and exercise are the best kept secrets of the high achievers! Courtesy: ET CONTRIBUTORS| Date: - 29 April 2019. We help you in build good habits in your financial life, so that you can achieve your all financial goals. We are there to support you at each and every stage of your financial life right from cash flow planning to create Will. We would like to remind you that we are the only practicing financial planners in Rajkot. Contact:- mega@megafina.in
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21 May
Financial Planning

10 Habits that Will Increase Your Productivity

  • March 5, 2020
  • Posted by Mega Financial Services
  • Financial Planning
When you think of productivity at work, do you think of caffeine or nicotine? Or is it about a To-Do checklist on a notepad or a great new productivity app on your smartphone? Any...

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What are SIPs and how it helps in wealth creation?
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18 Mar
Financial Planning, Mutual Fund

What are SIPs and How it Helps in Wealth Creation?

  • March 5, 2020
  • Posted by Mega Financial Services
  • Mutual Fund, Sip, Wealth Creation
Over the past twenty years or so, mutual fund Systematic Investment Plans. have gained tremendous popularity and have one of the most favored investment choices for retail investors in India. There are a number...

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Rules of financial planning have changed
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18 Mar
Financial Planning

Rules of Financial Planning have Changed: Sticking to Old Ones could be Disastrous

  • March 5, 2020
  • Posted by Mega Financial Services
  • Financial Planning
Never take a loan to invest. Don’t borrow more than you can repay. Spend less than you earn. It is often said that if you stick to these...

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7 steps to create a good financial plan
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13 Mar
Financial Planning

7 Steps to Create a Good Financial Plan

  • March 5, 2020
  • Posted by Mega Financial Services
  • Financial Planning
Is there a secret formula to create a good financial plan? Vivek Shah, Founder & Chief Emotions Officer, Finrise, believes so. His secret is a pyramid style of financial planning, with all major...

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