financial freedom - VSRK Capital

October 19, 2021

Invest Even If You are Not Rich Yet!

There’s a misconception that one needs a lot of money to start investing in stocks, mutual funds and Exchange Traded Funds (ETFs). This is the vital reason why a few people actually do investments. One thing is for sure, one will never get rich by concealing money under a mattress or in a bank account. In order to build wealth, one need to invest money with time.

Read tips given further to start investing even if you don’t have much money.

One can get started investing with small amounts of money. No matter how small one start, the most important thing is to get started. One can always increase the amount with time.
Get your 401K match at the bare minimum. For your information, a 401(K) plan is generally termed as an employer-sponsored retirement plan wherein eligible employees based on pre-set criteria can make tax-deferred contributions from their salary or wages like the EPF contributions in India. It acts as a hike which can range from 2- 15% of one’s annual salary depending on employer.
You’ll never be rich if you don’t invest. There are countless people who are scared of investing. While the sad reality is that most people will never achieve financial freedom if they don’t invest. Not investing is the huge market risk.
Let compounding interest work its magic. Start investing on early basis. The earlier one starts, the major shift will be taken off from one’s shoulders by compounding interest with years.
Take control of your finances and make smarter financial decisions today with VSRK. The sooner one starts the easier it will be to get on track for predefined financial goals, which may vary on individual level. Even if one wants to start small, get started.

One may not be rich today, but will never be if one don’t get started. Once started, then you will be rich one day for sure.

August 30, 2021

Rat Race Escape Plan: Compounding Effect

A rat race is a boundless, in vain pursuit. The expression explains humans to rats with an urge to earn a livelihood such as cheese, which is futile. In today’s era, we can relate it to a competitive struggle to nurture financially. Today, the repetitive & exhausting lifestyle has left us with no time for relaxation or enjoyment.

Fortunately, everyone wants to escape the never ending rat race. Somewhere between just surviving paychecks and toxic work environments, nobody wants reparation in life by climbing a ladder but will try to own completely.

Anyone should not forget that you are a smart individual who can do anything. Don’t become a corporate slave for complete earning phase of your life, for a meagre compensation loaded with worries about paying bills, and dreaming about dreadful Mondays. We are living in an era of smart work not hard work. On should plan to escape the rat race once and for all smartly.

The reality check is we never have ample funds to cover all expenses ranging from rent, groceries, utilities, property taxes etc. the list bums out. After all these expenses we are left with a few savings which are kept in bank for some uncertainty in future.

Life’s short & sweet. On an average, two-third of the life is spent toiling to suffice the livelihood. VSRK helps you create something meaningful. Which can make life more meaningful and to choose how you spend weekends independently. Undoubtedly, many billionaires still go to work daily. Mind it, it’s with choice not out of necessity. Once decided, to escape the rat race, will gain the confidence to take that decision.

Give Yourself a Why. When finding a “why”, you need to make sure it’s burning the fire in you. Stop Buying and keep burying yourself in deeper debt. Uncertainly, life can hit you in the face with a curveball anytime. Stop purchasing stuff you don’t require. Instead, save more for long-term to live within your means. VSRK helps you reinvest the money saved to help you grow many-folds within a specified term to gain financial freedom.

Set aside a fixed amount every month to die wealthy. Invest the amount in some paper assets which will help to generate excess income. Ultimately, one should acquire assets that’ll grow each month therefore can earn an expandable income. Let the process of compounding interest showcase its results. The money should only be used to make more money. The minor risk is involved with major rewards. When it comes to investment, start with VSRK whose expertise will lower the risk of investments. And by this, one leads to a path of escaping the rat race.

January 4, 2021

Retire Early and Travel Forever

Have you ever imagined about enjoying a life travelling the world? The solo thought amazes us! What if you retire young and spend the rest of your life travelling the world? We know it sounds a little crazy, but several people have already done this. Most people retire early to travel the world full time and enjoy the life of their dreams. The reality is that we live in a time where it is not that easy to live as you like. Travelling is easier said than done. It is not affordable each time you plan a trip. However, many people have made it possible and taught us how to make travelling affordable. Reading books about the type of life you want to enjoy is always a great source of motivation. They not just only motivate you but implementing the steps will help you to create a new road map to living your dream life.

Early retirement-an easy cup of tea
Early retirement does not come easy, but it has never been easier to make it happen. Few takeaway steps will surely help you to consider a new way of life. It is suggestible to invest around 50% of your income in such a way so that you can get timely growth on your investment. It is up to you to decide how you want to live your life. If travelling is your passion, then saving is the best opportunity. Savings should be a part of your behavior and not just a sacrifice for your dreams. It will make it easier for you to live your life as a traveler.

Krysty and Bryce-best example
Many people shared their views regarding retiring early and travelling forever but, in our opinion, the best of all is the experience shared by Kristy Shen and Bryce Leung. They both have written a book named- quit like a millionaire. One of the best books we have ever read. It is full of real deals and original strategies on how to travel the world forever. They quit their engineering jobs in their early 30’s to travel the world. Their book is all about simple rules, optimizing your investment efficiently, and to build a 7-figure portfolio. Their FIRE story has featured in the New York Times, CNBC, and UK independent.

Early retirement-never a regret.
If you think retiring early and being rich can only be possible when you have inherited property or won a lottery, there is another example that will change your mind. The Bangalore based couple laid a job as It engineers and retired in their early 20’s. They never regretted their decision & they consider it as a crucial step towards their success. During the time of their retirement, they were earning five figures. Adopting FIRE philosophy-financial independence & retiring early, has given immense popularity among the working people in history and will be beneficial in the future as well.

Adopting FIRE approach
FIRE approach aims to maximize your savings rate. Focus on your spending rather than on earning. Most people have a common misbelief that early retirement is possible for the people with high paying salaries rather it’s difficult for people with a spendy lifestyle one should be very controllable regarding his/her spending habits. The approach is simple- don’t make your cost of living unnecessarily high. While travelling this will help you to an extent- when you will move from country to country, you will be comfortable. It’s never been easy to travel with less money. Learn more about travel rewards, use credit card rewards. Travel smart, not expensive.

Saving strategies
Getting older and potentially starting a family may change your travel lifestyle in the future. You have to preplan your guide map that will lead to a completely balanced lifestyle- family, money, and travelling. Exploring the world never comes with a simple step of having money, but it’s all about strategies you plan with your money. Saving, investing, and spending is the key interlinked with each other. You have to balance them to unlock the door of your dream life.
Live life like an adventure, explore the world as a traveler!