Hi,
I agree with Dr. Veerendra. Every self employed professional should allocate some portion of his income for financial goals like retirement, child's higher education, provision for buying house or commercial place for dispensary or even for upgrading equipments, etc.
Buy sufficient insurance (life, geneal and health) which will take care of financial needs :
Life & Health – Financial needs of family / dependents
General – For protecting your costly equipments
You don't need huge corpus to start with provided you start investing systematically at very young age….Power of Compounding and Law of Averaging Cost plays major role in building the corpus for any financial goal. To know more or for any assistance please feel free to contact.
Regards
Raj
8693800025
